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NEWS RELEASES


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September 29, 2006 (7:35 p.m. EDT)
No. 112


CANADA AND THE UNITED STATES AGREE TO EXTEND IMPLEMENTATION DATE OF THE SOFTWOOD LUMBER AGREEMENT


The Honourable David L. Emerson, Minister of International Trade, today announced that Canada’s New Government and the United States have agreed to extend the entry-into-force date of the Softwood Lumber Agreement to no later than November 1, fulfilling a commitment to assist Canadian companies as they finalize implementation issues.


The limited extension comes after close consultation with and in direct response to requests from industry. It should have no impact on the swift return of billions of dollars to Canadian softwood producers.


“The Softwood Lumber Agreement was negotiated in close cooperation with our softwood lumber industry and the provinces, and we are committed to implementing it in the best interests of Canada and the overwhelming majority of companies and provinces that support it,” said Minister Emerson. “In this spirit of cooperation, our Government has responded to requests from industry to allow them more time to complete the complex but necessary paperwork required on both sides of the border.”


Canada and the United States are also awaiting a decision from the U.S. Court of International Trade that is necessary for the entry into force of the Agreement.


“Our Government, backed by the majority support of Parliament, is committed to bringing this Agreement into force and to ensuring that companies can begin to benefit from it as soon as possible,” added Minister Emerson. “Many have already completed the necessary documentation on the deposits refund mechanism, and Export Development Canada will continue to process registrations over the coming weeks to ensure that companies receive their refunds as quickly as possible.”


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For further information, media representatives may contact:


Jennifer Chiu
Press Secretary
Office of the Minister of International Trade and Minister for the Pacific Gateway and the Vancouver-Whistler Olympics
613-992-7332


Trade Media Relations Office
Foreign Affairs and International Trade Canada
613-996-2000
http://www.international.gc.ca


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