Bill Morneau announces drywall tariff changes targeting Fort McMurray glow victims
Families forced to reconstruct their homes after wildfires ravaged Fort McMurray, Alta. final open will be compensated for carrying to compensate duties on drywall entrance into Canada from a United States
Federal Finance Minister Bill Morneau made a announcement Monday in front of a home that’s being rebuilt in Fort McMurray.
“This is partial of a ongoing bid to be of assistance during a time of genuine plea in Alberta,” Morneau said. “We know that Alberta families have been tough hit.”
- Impact on Fort McMurray reconstruct prompts examination of tariffs on U.S. drywall
- Drywall cost spike might impact Fort McMurray rebuild
The Liberals will revoke anti-dumping duties on alien drywall from a U.S. into Western Canada by 32 per cent.
The supervision will also direct $12 million in anti-dumping duties collected between Sep 2016 and Jan 2017 towards a extend for Fort McMurray residents who are rebuilding after a May 2016 wildfire.
Federal Finance Minister Bill Morneau announced Monday in front of a home that’s being rebuilt in Fort McMurray, a sovereign supervision will assistance make dry wall cheaper for Fort McMurray families rebuilding after May’s wildfire. (David Thurton/ CBC)
The extend will also assistance builders and contractors in Western Canada who were adversely influenced by higher drywall prices.
Morneau said a government’s proclamation is response to a trade row statute that called on Ottawa to cut duties imposed on drywall products being alien into Western Canada from a U.S.
The Canadian International Trade Tribunal (CITT) ruled final month that while U.S. firms had dumped drywall during cut-rate prices in Canada over a past few years, progressing duties during stream levels would not be in a country’s trade interests.
Canadian construction firms have complained a tariffs on U.S. drywall make it some-more costly to build homes out of a material, also famous as gypsum board, and were hampering efforts in Fort McMurray to redeem from final year’s wildfire.
Fort McMurray Mayor Melissa Blake had asked a sovereign supervision to offer grants to equivalent a impact of a drywall duties, observant that low oil prices have harm a city’s economy and resulted in countless layoffs.
The village mislaid 1,800 single-family homes and dozens of other structures in a wildfire.
The duties, imposed final September, followed a transfer censure by French-owned CertainTeed Gypsum Canada, a final drywall manufacturer in Western Canada with plants in Vancouver, Calgary and Winnipeg, and during dual gypsum quarries, one in B.C. and one in Manitoba.
Article source: http://www.cbc.ca/news/business/ottawa-drywall-morneau-1.4000708?cmp=rss