As part of the requirements of the 2006 Softwood Lumber Agreement (SLA) regarding information collection and exchange, Articles XV.6 and XV.8 of the SLA require Canada and the United States to reconcile aggregate Region-specific monthly data on the volume and value of exports from Canada to the United States of softwood lumber products.
The following table provides the aggregate volume information for the period October 2006 – June 2007 as compiled by the Government of Canada and approved by officials in both governments during the reconciliation process. These revised data reflect a substantial effort by officials in both governments to verify the accuracy of data already collected. The reconciliation process involved significant outreach efforts to the trade, which should improve the quality of the data provided to each government in future months.
These data may differ from other official trade statistics of Canada and the United States as they are based on definitions of value, product coverage and shipment date that are specific to the SLA.
The United States and Canada have agreed that the volume reconciliation process for October 2006 - June 2007 has been concluded successfully.
In reviewing preliminary value results, officials of both parties have compared a large percentage of transactions for the July to September 2007 quarter for Option A. Officials, when reviewing this sample, found that close to 100% of these transactions showed a variance of between 14 and 16 percent between the Canadian permit values and the US import values. For this period, the export charge for option A was 15%. This result implies that the variance is principally due to the reporting, as required, of the export charge on the US entry document. The SLA definition of the Canadian export price for permit values appropriately does not include the export charge while the U.S. definition of entry value does not allow importers to deduct the export charge.
Reconciliation on volume and value data for more recent months is currently under way.
Export and Import Controls Bureau
Government of Canada
Deputy Assistant U.S. Trade
Representative for North America
Government of the United States of America
|Region of Origin||2006 - 10||2006 - 11||2006 - 12|
|Region of Origin||2007 - 1||2007 - 2||2007 - 3|
|Region of Origin||2007 - 4||2007 - 5||2007 - 6|
As of April 21, 2008