| Cash Deposit Rates on Account of Countervailing and Anti-dumping Duties |
The cash deposit rates on account of countervailing and anti-dumping duties paid for the Company’s subject imports of Canadian-origin softwood lumber products into the United States are as follows:
|
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|
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|
Effective dates for deposits on account of countervailing duties |
|
Cash deposit rates |
|
Initial Investigation |
|
|
|
April 28, 2017 – November 7, 2017 (Preliminary Determination) |
|
|
12.82 |
% |
November 8, 2017 – November 30, 2020 (Final Determination) |
|
|
14.70 |
% |
First Administrative Review |
|
|
|
December 1, 2020 – December 1, 2021 |
|
|
19.10 |
% |
Second Administrative Review |
|
|
|
December 2, 2021 – August 8, 2022 |
|
|
18.07 |
% |
Third Administrative Review |
|
|
|
August 9, 2022 – July 31, 2023 |
|
|
10.10 |
% |
Fourth Administrative Review |
|
|
|
August 1, 2023 – August 18, 2024 |
|
|
1.79 |
% |
Fifth Administrative Review |
|
|
|
August 19, 2024 – August 11, 2025 |
|
|
6.74 |
% |
Sixth Administrative Review |
|
|
|
August 12, 2025 – October 18, 2026 |
|
|
14.63 |
% |
Seventh Administrative Review |
|
|
|
October 19, 2026 – Present |
|
|
12.42 |
% |
|
|
|
|
|
Effective dates for deposits on account of anti-dumping duties |
|
Cash deposit rates |
|
Initial Investigation |
|
|
|
June 30, 2017 – November 7, 2017 (Preliminary Determination) |
|
|
4.59 |
% |
November 8, 2017 – November 29, 2020 (Final Determination) |
|
|
3.20 |
% |
First Administrative Review |
|
|
|
November 30, 2020 – December 1, 2021 |
|
|
1.15 |
% |
Second Administrative Review |
|
|
|
December 2, 2021 – August 8, 2022 |
|
|
11.59 |
% |
Third Administrative Review |
|
|
|
August 9, 2022 – July 31, 2023 |
|
|
4.76 |
% |
Fourth Administrative Review |
|
|
|
August 1, 2023 – September 6, 2023 |
|
|
6.20 |
% |
September 7, 2023 – August 18, 2024 |
|
|
6.26 |
% |
Fifth Administrative Review |
|
|
|
August 19, 2024 – July 28, 2025 |
|
|
7.66 |
% |
Sixth Administrative Review |
|
|
|
July 29, 2025 – September 10, 2025 |
|
|
20.56 |
% |
September 11, 2025 – October 18, 2026 |
|
|
20.53 |
% |
Seventh Administrative Review |
|
|
|
October 19, 2026 – Present |
|
|
13.13 |
% |
|
| Schedule of Cash Deposits Paid of Countervailing and Anti-dumping Duties |
The following tables reconcile the Company’s cash deposits paid during the period to the amount recorded on the Consolidated Statement of Earnings (Loss) and Comprehensive Income (Loss):
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the three months ended |
|
|
For the nine months ended |
|
|
September 30, 2026 |
|
|
September 30, 2026 |
|
|
Countervailing duty |
|
|
Anti-dumping duty |
|
|
Total |
|
|
Countervailing duty |
|
|
Anti-dumping duty |
|
|
Total |
|
|
$ |
|
|
$ |
|
|
$ |
|
|
$ |
|
|
$ |
|
|
$ |
|
Cash deposits paid (1) |
|
14 |
|
|
|
19 |
|
|
|
33 |
|
|
|
42 |
|
|
|
58 |
|
|
|
100 |
|
Net cash deposits paid recognized as
receivable |
|
(3 |
) |
|
|
(4 |
) |
|
|
(7 |
) |
|
|
(10 |
) |
|
|
(9 |
) |
|
|
(19 |
) |
|
|
11 |
|
|
|
15 |
|
|
|
26 |
|
|
|
32 |
|
|
|
49 |
|
|
|
81 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the three months ended |
|
|
For the nine months ended |
|
|
September 30, 2025 |
|
|
September 30, 2025 |
|
|
Countervailing duty |
|
|
Anti-dumping duty |
|
|
Total |
|
|
Countervailing duty |
|
|
Anti-dumping duty |
|
|
Total |
|
|
$ |
|
|
$ |
|
|
$ |
|
|
$ |
|
|
$ |
|
|
$ |
|
Cash deposits paid (1) |
|
8 |
|
|
|
11 |
|
|
|
19 |
|
|
|
24 |
|
|
|
29 |
|
|
|
53 |
|
Net cash deposits paid recognized as
receivable |
|
(2 |
) |
|
|
(3 |
) |
|
|
(5 |
) |
|
|
(6 |
) |
|
|
(7 |
) |
|
|
(13 |
) |
|
|
6 |
|
|
|
8 |
|
|
|
14 |
|
|
|
18 |
|
|
|
22 |
|
|
|
40 |
|
(1)Deposits paid are recorded as contingent assets with a portion recoverable, using a recovery model and undiscounted figures based on management estimates.
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