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:: Saturday, August 06, 2005 ::
Canada claims win in softwood dispute - By Sandra Cordon, Canadian Press
Canada claimed a small moral victory Monday in the latest round of the longrunning, multibillion-dollar softwood lumber dispute with the United States. The World Trade Organization sided with Canada and ruled that the U.S. has failed to prove some of its claims that certain softwood lumber exports have been unfairly subsidized.
Those allegations of subsidies - long denied by Canada - are a key reason used by Washington to collect crippling duties now totalling almost $5 billion on softwood exports, severely wounding this country's industry.------------------------------------------- posted 5:03 AM :: reference link ::
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