International Trade committee  Well, we are working basically with a three-stage process. Number one is the duty relief. That was first, to stop paying duty to the Canadian government. Number two is then get the money back from the Canadian government. The U.S. government money is gone. We're not getting that

International Trade committee  The short answer is the duty-relief portion. It was imposed July 1 by the Canadian government. By August 16 we got approval, and we started immediately. Then as soon as we got duty relief, we went and started the process of doing duty drawback, and we're submitting our first subm

International Trade committee  If I translate that to profit—using that language—we've been inundated. If you look at our profitability, or basically what we get, it's been eroded for a number of reasons. Number one is that transportation costs in Canada and the U.S.A. have gone up significantly, for both ra

International Trade committee  It's going to be very poor. Fortunately, in the first five months before the tariffs were invoked, this was actually a very good year for our company. As soon as the tariffs went in, basically we saw a 25% and 38% reduction. Our profitability has been impacted since the tariffs h

International Trade committee  Thank you, Mr. Chair. Welded Tube is composed of two divisions—an energy division, which is OCTG, or oil country tubular goods; and industrial products for the mechanical product and also structural hulls, which is HSS. Our customer base is typically 50% Canadian and 50% U.S.A.