Canada Softwood Lumber: Final Results of CVD Admin Review
The Commerce Department has released the final results of its countervailing duty administrative review on softwood lumber products from Canada (C-122-858). These final results will be used to set new CVD cash deposit rates for some companies, as well as final assessments of CVD on importers for subject merchandise entered Jan. 1, 2023, through Dec. 31, 2023.
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Commerce said that the review is now rescinded for Fontaine Inc. and its cross-owned companies (collectively, Fontaine), which were listed as a non-selected company in the review's preliminary results. A final order in a court proceeding changed Fontaine's status to having subject merchandise produced and exported by Fontaine excluded from the CVD order, effective April 28, 2017. Therefore, Fontaine was not under review for this current administrative review, but, Commerce said, any entries of subject merchandise produced by any other entity and exported by Fontaine or produced by Fontaine and exported by any other entity remain covered by this administrative review.
New Cash Deposit Rates Take Effect Aug. 12
New CVD cash deposit rates for the producers and exporters subject to this review take effect Aug. 12, the date these final results are scheduled to be published in the Federal Register. The new rates, which also will apply for importer assessment purposes for entries Jan. 1, 2023, through Dec. 31, 2023, are as follows:
| Producer/Exporter | CVD Rate |
|---|---|
| Canfor Corporation and its cross-owned affiliates Canadian Forest Products, Ltd. and Canfor Wood Products Marketing, Ltd. | 12.12% |
| West Fraser Mills Ltd. and its cross-owned affiliates Blue Ridge Lumber Inc., Manning Forest Products, Ltd., Spray Lake Sawmills (1980) Ltd., Sundre Forest Products Inc., West Fraser Alberta Holdings, Ltd., and West Fraser Timber Co., Ltd. | 16.82% |
| Review Average Rate (applicable to 245 companies not individually reviewed) | 14.63% |
Review average rate. The review average rate is applicable to 245 companies. See Appendix II of Commerce's notice for a full list.
Companies that didn't get a rate in this review will keep their most recently assigned cash deposit rate. If the exporter has never been assigned its own CVD rate but the manufacturer has, the rate assigned to the manufacturer applies. For merchandise manufactured and exported by companies that have never been assigned a cash deposit rate by Commerce, the all-others rate applies.
(The review period is 01/01/23 - 12/31/23. See Commerce's notice for more information, including the scope of the order, detailed cash deposit and assessment instructions, etc. See 2504080008 for a summary of the preliminary results of this administrative review.)