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U.S. Postpones Decisions on Softwood Lumber to November

(Gail Harding – CBC News)

The U.S. Secretary of Commerce has announced he will postpone the final decision in the investigations of anti-dumping duties and countervailing duties on softwood lumber from Canada until mid-November.

“I remain hopeful that we can reach a negotiated solution that satisfies the concerns of all parties,” said Wilbur Ross Jr. in a statement Monday.

“This extension could provide the time needed to address the complex issues at hand and to reach an equitable and durable suspension agreement.”

The announcement comes a day before New Brunswick Premier Brian Gallant travels to Washington to meet with Ross. Click here to read more.