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October 26th, 2006Committee meeting
Paul Robertson
International Trade committee I've checked with my colleague. As you recall, Mr. Cardin, you're quite correct in that the agreement envisages further negotiations to create further exemptions. First of all, the work has to establish the criteria to review possible exemptions. The working group that's been e
October 24th, 2006Committee meeting
Paul Robertson
International Trade committee That's right. So what I'm saying, in response to your first question about what is the last day that the U.S. can legally collect the duties, the AD and CVD duties, is that it's October 11.
October 24th, 2006Committee meeting
Paul Robertson
International Trade committee I know, but I just wanted to give you the sequence. And then on October 12, when any collection by the U.S. side of those duties should have ceased, I'm just informing the committee that there were some border checkpoints where there was confusion on the part of U.S. Customs offi
October 24th, 2006Committee meeting
Paul Robertson
International Trade committee What you have identified quite correctly is that not until the EDC has completed such things as the credit checks with respect to whether there are liens on the company, which would affect their participation in the process, not until those elements are completed can you say that
October 24th, 2006Committee meeting
Paul Robertson
International Trade committee No, October 11.
October 24th, 2006Committee meeting
Paul Robertson
International Trade committee That's right. If a CVD or an AD duty was imposed on October 12, that was an error and we account that to the confusion at some of the border points.
October 24th, 2006Committee meeting
Paul Robertson
International Trade committee You've explained the processes under the two principal elements. Correct.
October 24th, 2006Committee meeting
Paul Robertson
International Trade committee Thank you very much, Mr. Julian. There are a couple of points. With respect to the EDC process, the latest information from the EDC is that they are close to finalizing a first tranche of companies. But until the documentation is, as you say, finalized, you can't say whether or
October 24th, 2006Committee meeting
Paul Robertson
International Trade committee That's correct. I would just flag that in the EDC process, when EDC buys the rights from the individual importer of record, the importer of record also authorizes EDC to pay a specific amount.
October 24th, 2006Committee meeting
Paul Robertson
International Trade committee With respect to the EDC program, as you've identified it, the 18% does not include administrative costs. The 18% is the money used to redirect it to the U.S. interests. You'll recall that of that $1 billion we're obligated to pay to various U.S. interests, that 18% has nothing to
October 24th, 2006Committee meeting
Paul Robertson
International Trade committee Thank you very much. With respect to your question about protection for individual companies, I think the protection is in following the option A or option B elements in terms of the companies' exports and the allocations. Those replace the trade remedy option that would be open
October 24th, 2006Committee meeting
Paul Robertson
International Trade committee Thank you very much, Mr. André. With respect to the first question about how much money will be designated for the administrative and legal costs, I think the administrative costs will be a relatively constant amount and that will be subject to the consultations with the provin
October 24th, 2006Committee meeting
Paul Robertson
International Trade committee A range of legal proceedings followed the bringing into force of the agreement. A precondition for bringing the agreement into force was the liquidation of duties and the return of the $4.5 billion to Canada. This was accomplished. However, the authority of the softwood lumber ag
October 24th, 2006Committee meeting
Paul Robertson
International Trade committee Unless my colleagues have the whole history, I think we'll have to confine ourselves to why they were exempted under this agreement, though we can certainly undertake to look at past negotiation. Brice, would you like to talk a little bit about the exemption of the territory?
October 24th, 2006Committee meeting
Paul Robertson