U.S. Govt returning $5,000,000,000.00 to Canadian Softwood Lumber producers - GoFuckYourself.com

Dagwolf · 11-14-2006, 04:39 PM

In April 2006, The United States and Canada announced that they had reached a tentative settlement to end the current dispute. Under the preliminary terms, the United States would lift duties provided lumber prices continue to stay above a certain range. Below the specified range, a mixed export tax/quota regime would be implemented on imports of Canadian lumber. As a part of the deal, $4 billion of the $5 billion in duty deposits collected would be returned. Of the remaining one billion, half would go to the U.S. lumber industry* while the other half would go toward joint initiatives.
(wikipedia)

According to another article the Canadian government has already paid out about $950 million in anticipation of the payments from the U.S. government.

Good news for my area. :D Sawmill country. I don't know whether to get a job as a lumberjack or open a flannel store.

*This part is not exactly true. The money goes to disaster relief and other worthy causes supporting timber communities in the U.S.

_Richard_ · 11-14-2006, 04:41 PM

fucking finally.

R

WarChild · 11-14-2006, 04:45 PM

Why exactly are you bringing us news from April?

Dagwolf · 11-14-2006, 05:26 PM

Quote:

Originally Posted by WarChild

Why exactly are you bringing us news from April?

http://w01.international.gc.ca/minpu...&docnumber=123

Quote:

October 30, 2006 (1:00 p.m. EST)
No. 123

COMPANIES RECEIVE U.S. DUTY REFUNDS LESS THAN THREE WEEKS AFTER SOFTWOOD LUMBER AGREEMENT CAME INTO FORCE

The Honourable David Emerson, Minister of International Trade, and the Honourable Maxime Bernier, Minister of Industry, today announced that an initial amount of approximately $950 million in softwood lumber duty refunds has been disbursed by Export Development Canada (EDC) to companies that had paid duties to the United States.

“Just weeks after the Agreement was implemented, our government has delivered on its promise to Canadian softwood lumber companies,” said Minister Emerson. “The refunds are going out ahead of schedule, and companies can realize the benefits of this agreement.”

This is the new part. Besides, I just found out about it. :D

shake · 11-14-2006, 05:59 PM

It's about time. I've taken trips to some of the small towns that have all but been shut down by the illegal tariff.

marketsmart · 11-14-2006, 06:05 PM

yeah it is about time!

react · 11-14-2006, 06:07 PM

This post made my wood soft.

Martin · 11-14-2006, 06:16 PM

The US still punked us off.

Dagwolf · 11-14-2006, 06:34 PM

Quote:

Originally Posted by Martin

The US still punked us off.

No doubt, but it'd be nice to see some of these lumber towns coming back to life. Two schools were shut down in my community due to this.

Phoenix · 11-14-2006, 07:16 PM

what no more illegal tarrifs levied against us by the almight us of A?

Quagmire · 11-14-2006, 07:30 PM

So what you're saying is we give the USA soft wood? What would it take to give them a full hardon?

Dagwolf · 11-14-2006, 08:13 PM

Quote:

Originally Posted by Quagmire

So what you're saying is we give the USA soft wood? What would it take to give them a full hardon?

Another war maybe?

Kimo · 11-14-2006, 09:57 PM

yayyy, good shit

11-14-2006, 04:39 PM	#1
Dagwolf President of Canada Join Date: Sep 2003 Location: Leaving Hell, Entering Limbo Posts: 23,141	U.S. Govt returning $5,000,000,000.00 to Canadian Softwood Lumber producers In April 2006, The United States and Canada announced that they had reached a tentative settlement to end the current dispute. Under the preliminary terms, the United States would lift duties provided lumber prices continue to stay above a certain range. Below the specified range, a mixed export tax/quota regime would be implemented on imports of Canadian lumber. As a part of the deal, $4 billion of the $5 billion in duty deposits collected would be returned. Of the remaining one billion, half would go to the U.S. lumber industry* while the other half would go toward joint initiatives. (wikipedia) According to another article the Canadian government has already paid out about $950 million in anticipation of the payments from the U.S. government. Good news for my area. :D Sawmill country. I don't know whether to get a job as a lumberjack or open a flannel store. This part is not exactly true. The money goes to disaster relief and other worthy causes supporting timber communities in the U.S. __________________ Sleep well, and dream of large women. Last edited by Dagwolf; 11-14-2006 at 04:42 PM..*

11-14-2006, 04:45 PM	#3
WarChild Let slip the dogs of war. Industry Role: Join Date: Jan 2003 Location: Bermuda Posts: 17,263	Why exactly are you bringing us news from April? __________________ .

11-14-2006, 05:59 PM	#5
shake frc Industry Role: Join Date: Jul 2003 Location: Bitcoin wallet Posts: 4,663	It's about time. I've taken trips to some of the small towns that have all but been shut down by the illegal tariff. __________________ Crazy fast VPS for $10 a month. Try with $20 free credit

11-14-2006, 06:07 PM	#7
react Confirmed User Industry Role: Join Date: Sep 2003 Location: NZ Posts: 673	This post made my wood soft. __________________ -- react

11-14-2006, 07:16 PM	#10
Phoenix BACON BACON BACON Industry Role: Join Date: Nov 2002 Location: Poems everybody, the laddie fancies himself a poet Posts: 35,470	what no more illegal tarrifs levied against us by the almight us of A? __________________ Skype Phoenixskype1 Telegram PhoenixBrad https://quantads.io

11-14-2006, 04:41 PM	#2
_Richard_ Too lazy to set a custom title Industry Role: Join Date: Oct 2006 Location: Earth Posts: 30,990	fucking finally. R

11-14-2006, 06:05 PM	#6
marketsmart HOMICIDAL TROLL KILLER Industry Role: Join Date: Dec 2004 Location: Sunnybrook Institution for the Criminally Insane Posts: 20,419	yeah it is about time!

11-14-2006, 06:16 PM	#8
Martin "Assassins" Industry Role: Join Date: Dec 2001 Location: At home Posts: 17,277	The US still punked us off.

11-14-2006, 07:30 PM	#11
Quagmire Confirmed User Join Date: Jul 2005 Location: Stinkin' up your bathroom Posts: 6,490	So what you're saying is we give the USA soft wood? What would it take to give them a full hardon? __________________

11-14-2006, 09:57 PM	#13
Kimo ... Join Date: Jan 2006 Location: Maryland ICQ:87038677 Posts: 11,542	yayyy, good shit __________________ ...