I had heard… our cross border guys sent around an alert at the end of the year… Should I find out who is under investigation for you?
Cherie L. Brant Partner
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From: Monty Bannerman [mailto:mbannerman@arcstarenergy.com]
Sent: Thursday, February 05, 2015 9:33 AM
To: mbannerman1.watts@blogger.com; Cherie L. Brant
Subject: Just in time to add confusion and uncertainty to the LRP, Canada decides to impose trade duties on the Chinese
05.02.2015: In a preliminary ruling, the Canadian International Trade Tribunal has found that the dumping and subsidizing of Chinese PV products has caused injury or is threatening to cause injury to Canada's solar industry. The Tribunal's preliminary injury inquiry follows the Canada Border Services Agency's (CBSA) announcement, on Dec. 5, 2014, that it has begun investigations into the alleged injurious dumping and subsidizing of Chinese PV products. The investigations cover crystalline silicon PV cells and modules as well as thin-film PV products. The Tribunal will published the reasons for its ruling within 15 days. CBSA launched its antidumping and anti-subsidy investigations into PV products imported into Canada from China following a complaint filed by Canadian solar manufacturers Eclipsall Energy Corp., Silfab Ontario Inc. and Solgate Inc. The three companies allege that the dumping and subsidizing of these goods is harming Canadian solar production. Specifically, the complaint claims that dumping and subsidization of Chinese PV products is resulting in lost sales and lost market shares, price undercutting and price erosion, declining financial results, reduced production and under-utilized capacity, reduction in employment and insolvencies and factory closures. Should the CBSA make a preliminary determination of dumping and/or subsidizing, the investigations will be continued, with a final decision announced within 90 days after the date of the preliminary determination. If the CBSA's investigations reveal that imports of the subject goods have not been dumped or subsidized, that the margin of dumping or amount of subsidy is insignificant or that the actual and potential volume of dumped or subsidized goods is negligible, the investigations will be terminated. Although duties to counteract dumping and subsidizing are normally only applied to goods released on or after the date of the CBSA's preliminary determination(s), if the Tribunal determines that an unusually large increase in harmful imports has occurred prior to the CBSA's decision and that the retroactive application of antidumping or countervailing duty is therefore justified, duties could be levied on the goods brought into Canada as of Dec. 5, 2014. © PHOTON
Monty Bannerman
ArcStar Energy
+1-646-402-5076
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