Softwood Lumber Recent Developments

2014

12-5-2014- The prevailing monthly price for June 2014 exceeds US$ 355. In accordance with the 2006 Softwood Lumber Agreement most export measures will not be applicable from June 1st to 30th. For further information regarding exports of softwood lumber during this period, please refer to Notice to Exporters Serial #187.

08-4-2014- The prevailing monthly price for May 2014 exceeds US$ 355. In accordance with the 2006 Softwood Lumber Agreement most export measures will not be applicable from May 1st to 31st. For further information regarding exports of softwood lumber during this period, please refer to Notice to Exporters Serial #187.

24-3-2014- The prevailing monthly price for April 2014 exceeds US$ 355. In accordance with the 2006 Softwood Lumber Agreement most export measures will not be applicable from April 1st to 30th. For further information regarding exports of softwood lumber during this period, please refer to Notice to Exporters Serial #187.

11-2-2014- The prevailing monthly price for March 2014 exceeds US$ 355. In accordance with the 2006 Softwood Lumber Agreement most export measures will not be applicable from March 1st to 31st. For further information regarding exports of softwood lumber during this period, please refer to Notice to Exporters Serial #187.

14-1-2014- The prevailing monthly price for February 2014 exceeds US$ 355. In accordance with the 2006 Softwood Lumber Agreement most export measures will not be applicable from February 1st to 28th. For further information regarding exports of softwood lumber during this period, please refer to Notice to Exporters Serial #187.

2013

10-12-2013 - This message is to inform industry stakeholders that the Minister of Foreign Affairs, on December 9, 2013, made the 2014 Allocation Method Order - Softwood Lumber Products (AMO). The 2014 AMO establishes the method for allocating to individual companies the quantity of softwood lumber products that may be exported to the United States during a month from Quebec, Ontario, Manitoba and Saskatchewan for the period of January 1, 2014 to December 31, 2014. For more information regarding the 2014 AMO, please refer to Notice to Exporters Serial # 189.

10-12-2013 - The prevailing monthly price for January 2014 exceeds US$ 355. In accordance with the 2006 Softwood Lumber Agreement most export measures will not be applicable from January 1st to 31st. For further information regarding exports of softwood lumber during this period, please refer to Notice to Exporters Serial #187.

22-11-2013 - The prevailing monthly price for December 2013 exceeds US$ 355. In accordance with the 2006 Softwood Lumber Agreement most export measures will not be applicable from December 1st to 31st. For further information regarding exports of softwood lumber during this period, please refer to Notice to Exporters Serial #187.

16-10-2013- The prevailing monthly price for November 2013 exceeds US$ 355. In accordance with the 2006 Softwood Lumber Agreement most export measures will not be applicable from November 1st to 30th. For further information regarding exports of softwood lumber during this period, please refer to Notice to Exporters Serial #187.

15-7-2013 - The Prevailing Monthly Price for August 2013 is US$ 326. As such, export measures will apply from August 1st to 31st and companies in Option B regions who qualify will be issued an export allocation corresponding to their share of the RQV. The export allocation is anticipated to be issued by July 24th, 2013, and will be reflected in the company’s EIPA account. Carry-forward carry-back provisions will be re-instated on the basis of calculations derived from December 2012 balances. In accordance with the 2006 Softwood Lumber Agreement, when the price drops below $US 355 following a no-volume restraint period, volume restraints will resume for the following month and remain in effect until further notice. For further information regarding exports of softwood lumber during a volume-restraint month, please refer to Sections 5.0 and 7.0 in Notice to Exporters Serial #187.

14-6-2013 - The prevailing monthly price for July 2013 exceeds US$ 355. In accordance with the 2006 Softwood Lumber Agreement most export measures will not be applicable from July 1st to 31st. For further information regarding exports of softwood lumber during this period, please refer to Notice to Exporters Serial #187.

16-5-2013- The prevailing monthly price for June 2013 exceeds US$ 355. In accordance with the 2006 Softwood Lumber Agreement most export measures will not be applicable from June 1st to 30th. For further information regarding exports of softwood lumber during this period, please refer to Notice to Exporters Serial #187.

19-4-2013- The prevailing monthly price for May 2013 exceeds US$ 355. In accordance with the 2006 Softwood Lumber Agreement most export measures will not be applicable from May 1st to 31st. For further information regarding exports of softwood lumber during this period, please refer to Notice to Exporters Serial #187.

21-3-2013- The prevailing monthly price for April 2013 exceeds US$ 355. In accordance with the 2006 Softwood Lumber Agreement most export measures will not be applicable from April 1st to 30th. For further information regarding exports of softwood lumber during this period, please refer to Notice to Exporters Serial #187.

25-2-2013- The prevailing monthly price for March 2013 exceeds US$ 355. In accordance with the 2006 Softwood Lumber Agreement most export measures will not be applicable from March 1st to 31st. For further information regarding exports of softwood lumber during this period, please refer to Notice to Exporters Serial #187.

18-1-2013- The prevailing monthly price for February 2013 exceeds US$ 355. In accordance with the 2006 Softwood Lumber Agreement most export measures will not be applicable from February 1st to 28th. For further information regarding exports of softwood lumber during this period, please refer to Notice to Exporters Serial #187.

2012

21-12-2012- The prevailing monthly price for January 2013 exceeds US$ 355. In accordance with the 2006 Softwood Lumber Agreement most export measures will not be applicable from January 1st to 31st. For further information regarding exports of softwood lumber during this period, please refer to Notice to Exporters Serial #187.

20-04-2012- The Agreement to Extend the Softwood Lumber Agreement to October, 2015 has been ratified by Canada and the United States and is now in force.

18-07-2012- A Tribunal of the London Court of International Arbitration (LCIA), convened under the Softwood Lumber Agreement with respect to the British Columbia Interior timber pricing arbitration, has ruled that Canada did not circumvent its obligations under the Agreement as alleged by the United States. (See the award: ARCHIVED - London Court of International Arbitration ruling on softwood lumber - public version (PDF*, 2.75 MB) - July 26, 2012 and the news release: Canada Applauds Softwood Lumber Ruling on British Columbia's Timber-pricing System)