Close X
Sunday, November 24, 2024
ADVT 
National

Rebar Reboot? Tribunal Holds Inquiry Into Imposed Tariffs Hurting B.C. Builders

Darpan News Desk The Canadian Press, 28 Apr, 2015 10:33 AM
  • Rebar Reboot? Tribunal Holds Inquiry Into Imposed Tariffs Hurting B.C. Builders
VICTORIA — Canada's cemented position on rebar imports, the steel rods used by the construction industry to add strength to buildings, will be tested publicly this summer after complaints of rising costs by a British Columbia construction association.
 
The Canadian International Trade Tribunal imposed added duties and tariffs last year on rebar coming from China, North Korea and Turkey, saying the countries were dumping the product into Canada.
 
But B.C. builders complained that they were collateral damage in the dispute and the price of construction projects will jump because of the added costs.
 
The tribunal said Monday it has grounds to reconsider the anti-dumping duties and will hold a public-interest inquiry in Vancouver in July and will make a decision no later than mid-September.
 
"We're extremely pleased the tribunal recognized there is a strong public interest case to be made to exempt B.C. from national rebar tariffs," said Phil Hochstein, president of the Independent Contractors and Businesses Association of B.C.
 
"Canada is too big a country to have a one-size fits all tariff policy. Our prices would have been lower if these tariffs on Chinese rebar imports weren't in place."
 
He said B.C. construction companies sought business with Chinese rebar suppliers because Canada's rebar companies located in Ontario and Quebec were not adequately supplying B.C. construction sites.
 
B.C. International Trade Minister Teresa Wat said she's pleased the tribunal recognized that there's a public interest to go ahead with the inquiry over the duties.
 
Wat said the government and Hochstein's association feel a special regional exclusion for the province is warranted because of the unique market conditions.

MORE National ARTICLES

Vancouver, Toronto Housing Prices Shoot Up, Other Major Cities See Mixed Results: Royal LePage

Vancouver, Toronto Housing Prices Shoot Up, Other Major Cities See Mixed Results: Royal LePage
TORONTO — House prices have jumped dramatically over the past year in Canada's two most expensive real estate markets, Vancouver and Toronto, but other major cities showed a mixed bag of results.

Vancouver, Toronto Housing Prices Shoot Up, Other Major Cities See Mixed Results: Royal LePage

Trudeau Rules Out Coalition With Ndp After Saying He May Be Open To It

Trudeau Rules Out Coalition With Ndp After Saying He May Be Open To It
HALIFAX — Liberal Leader Justin Trudeau says he doesn't see any possibility of a coalition with the NDP, a day after he said he would "maybe" be more open to the idea if Tom Mulcair wasn't running the party.

Trudeau Rules Out Coalition With Ndp After Saying He May Be Open To It

Supreme Court Rules Prayers Can't Continue At Quebec Council Meeting

Supreme Court Rules Prayers Can't Continue At Quebec Council Meeting
OTTAWA — In a decision that could reverberate in cities and towns across the country, the Supreme Court of Canada has ruled that prayers cannot be recited before municipal council meetings in the Quebec town of Saguenay.

Supreme Court Rules Prayers Can't Continue At Quebec Council Meeting

Canadian Diplomat's Teen Son Charged With Murder In Florida: Report

MIAMI — U.S. media are reporting that a Canadian diplomat's teenage son accused of involvement in a drug-related shootout that killed his older brother in Florida has been charged with first-degree murder.

Canadian Diplomat's Teen Son Charged With Murder In Florida: Report

CREA: Canadian Home Sales Revive In March; Vancouver, Toronto The Only Hot Spots

CREA: Canadian Home Sales Revive In March; Vancouver, Toronto The Only Hot Spots
OTTAWA — Low mortgage rates helped boost the number of Canadian home sales in March by 4.1 per cent compared with February, according to the Canadian Real Estate Association.

CREA: Canadian Home Sales Revive In March; Vancouver, Toronto The Only Hot Spots

Tax And Investment Experts Looking For TFSA Limit Increase In Federal Budget

OTTAWA — The Conservative government may have already revealed the biggest-ticket item for Canadians in the upcoming federal budget with its income-splitting plan, but investors are still waiting for more.

Tax And Investment Experts Looking For TFSA Limit Increase In Federal Budget