Friday, March 28, 2014

Canada Win Softwood Lumber Ruling

Canada likes it, but the U.S doesn't.

The London Court of International Arbitration is supporting Canada over export charges related to the Softwood Lumber Agreement.

Canada argued it shouldn't have applied the charges when a 2011 decision ruled subsidies to struggling companies in Ontario and Quebec violated the agreement because they came before the deal was been extended.

Canada's is now refunding companies their money.

The decision can not be appealed.