ARGO Vancouver Customs Brokers : Softwood Quota Allocations.
Please be advised that as the prevailing monthly price for March 2015 exceeds US $355. Charges and volume restraints under the Softwood Lumber Agreement will not be applicable during the month of March 2015.
Pursuant to Article VII of the Agreement, when the prevailing monthly price for any given month exceeds US $355, Option B Regions (i.e. Quebec, Ontario, Manitoba and Saskatchewan) will not be subject to volume restraints (quotas) or the base export charge for that month and, consequently, there will be no requirement to issue export allocations for that month.
Please note that export permits will still be required for all exports of softwood lumber products to the U.S.