Disclaimer: The information provided on the Timber Exchange Market Data Hub is sourced from a variety of publicly available data sources and confidential sources that have not been independently verified. Timber Exchange is not responsible for any expenses, damages, losses, or costs incurred as a result of using or relying on the information provided on this site. By using the Timber Exchange Market Data Hub, you agree to use the information at your own risk and acknowledge that any decisions made based on the information provided are done so solely at your own risk.
![IWPA demands response as U.S. lumber tariffs hit B.C. sector](https://timber-exchange-live.s3.eu-west-3.amazonaws.com/te_prod/uploaded-by-timber-admin/news/New_Project_-_2024-08-16T165416.130_1723807490.jpg)
IWPA demands response as U.S. lumber tariffs hit B.C. sector
Posted on August 16, 2024 |
The Independent Wood Processors Association of British Columbia (IWPA) has criticized the U.S. Department of Commerce for raising anti-dumping and countervailing duties on Canadian softwood lumber to 14.54%.
The IWPA claims these higher duties unfairly affect B.C.’s value-added wood industry, especially small, family-owned businesses.
B.C. companies must pay duties twice: once on raw materials and again on the value-added portion of finished products.
Products like decking, siding, and garden fencing are hit with these increased duties, raising their prices.
The higher duties make B.C. wood products less competitive in the market.