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Non-Tech : Maple Leaf Foods

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To: Copperfield who started this subject5/17/2004 11:15:41 AM
From: Copperfield   of 24
 
The Canada Border Services Agency imposes provisional duty on frozen self-rising pizza

OTTAWA, May 17 - The Canada Border Services Agency (CBSA) announced
today that it will assess provisional duty on imports of frozen self-rising
pizza originating in or exported from the United States of America.

This decision follows an investigation that the CBSA initiated on
January 2, 2004, after receipt of a properly documented complaint filed by
McCain Foods Limited of Florenceville, New Brunswick. The company alleges that
the dumping of the goods in question is harming Canadian production by causing
price erosion, price suppression and lost sales.

The preliminary results of the investigation show that imports from the
United States of America were dumped into Canada by an estimated margin of
dumping of 39.4%, expressed as a percentage of export price. A provisional
duty will be imposed on imports of frozen self-rising pizza originating in or
exported from the United States of America to prevent injury to Canadian
production.

Dumping occurs when goods are sold to importers in Canada at prices that
are less than the selling prices in the exporter's domestic market or at
unprofitable prices. The Special Import Measures Act protects Canadian
producers from the damaging effects of such unfair trade.

On March 2, 2004, the Canadian International Trade Tribunal (Tribunal)
made a preliminary determination that the evidence disclosed a reasonable
indication that the dumping of frozen self-rising pizza has caused injury to
the domestic industry. The Tribunal will now begin its inquiry into the
question of injury to the Canadian industry. At the same time, the CBSA will
continue its investigation regarding dumping and will issue a final decision
by August 16, 2004.

A copy of the Statement of Reasons, which provides more details
concerning this investigation, will be available within 15 days on request
from the Anti-dumping and Countervailing Directorate and on the CBSA's Web
site at: cbsa.gc.ca.

For further information: Anti-dumping and Countervailing Directorate:
Rand McNally, Telephone: (613) 954-1663, Fax: (613) 954-2510, Email:
Rand.McNally@ccra-adrc.gc.ca; Karen Humphries, Telephone: (613) 954-7176,
Fax: (613) 954-2510, Email: Karen.Humphries@ccra-adrc.gc.ca
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