Thank you very much, Madam Chair.
I want to thank all the presenters for their important information today. I am going to start with Resolute and Mr. Lalonde.
You have a significant operation in northwestern Ontario. We appreciate that. I used to work for the Ministry of Training, Colleges and Universities out of the Soo, but we had our head office in Thunder Bay. I know how many tradespeople you employ. I've been there through the ups and downs in the forest sector, with community adjustment, labour adjustment and such. All of the forest companies in northern Ontario have been great partners and really care about their employees. I just wanted to begin with that.
On January 31, 2022, the DOC released the preliminary results of its third administrative review of the AD/CVD orders, which applied on U.S. imports of certain Canadian softwood lumber products. The calculated average AD and CVD rates are 4.76% and 6.8% respectively. According to the Government of Canada, preliminary results may serve as an indication of the final duty rates that the DOC is expected to issue in the summer of 2022.
Mr. Lalonde, do you believe that these rates may in fact serve as an indication of the final duty rates? Can you speak to the degree to which these rates are detrimental to the Canadian softwood lumber industry?