On February 27, 2017, the Finance Minister announced that the Government of Canada is taking action to help Western Canadians affected by the exceptional price increases and supply shortages of building materials due to anti-dumping duties imposed on imported drywall from the United States. The Minister confirmed the Government has reduced anti-dumping duties on imported drywall from the U.S. into Western Canada by lowering the minimum import prices by more than 32 per cent.
In addition, the Government will use the approximately $12 million in anti-dumping duties collected between September 2016 and January 2017 to provide specific monetary relief for Fort McMurray residents who are rebuilding their homes as a result of last year’s wildfires, as well as builders and contractors in Western Canada adversely affected by higher drywall costs.
The announcement responds to recommendations from the Canadian International Trade Tribunal (CITT), which found that the full amount of the anti-dumping duties on imported drywall from the United States was leaving businesses that use drywall with fewer choices, leading to potential supply shortages in Western Canada and harming consumers.
The duty reduction is intended to maintain competitive conditions in the Western Canadian drywall market and reduce potential supply shortages, while ensuring a reasonable return on sales for domestic producers.