Canada: US Not Dumping Renewable Diesel
Canada Rejects Claim That US Renewable Diesel Imports Hurt Domestic Industry
The Canadian government on Tuesday ended its investigation into whether U.S.
imports of renewable diesel harmed Canada's industry.
Todd Neeley
DTN Environmental Editor
LINCOLN, Neb. (DTN) -- The Canadian government on Tuesday rejected claims by
the only renewable diesel producer in Canada that U.S. producers were injuring
their industry by dumping subsidized fuel across the northern border.
Canada's first renewable diesel company, Tidewater Renewables Ltd., alleged
in a complaint at the end of 2024 that U.S. imports are hurting its business.
The Canadian International Trade Tribunal disagreed.
"The Canadian International Trade Tribunal today determined that the
evidence does not disclose a reasonable indication that the dumping and
subsidizing of renewable diesel from the United States of America have caused
injury or are threatening to cause injury to the domestic industry," the body
said in its ruling.
"Therefore, the tribunal terminated its preliminary injury inquiry."
Tidewater CEO Jeremy Baines said in a statement that despite the ruling, the
company maintains that U.S. imports are hurting the Canadian industry.
"Our view remains that the facts support a finding that unfair trade
practices by the United States have caused a flood of subsidized and dumped
renewable diesel into Canada," Baines said.
"This flood of imports has significantly injured Tidewater, currently the
sole Canadian producer of renewable diesel."
The Canadian market for renewable diesel imports is estimated at more than
$1.4 billion annually.
Tidewater officials expressed confidence in a March news release that
provisional duties would be imposed at the U.S./Canada border within 90 days.
Tidewater said it anticipated duties valued at between $1.89 and $3.03 per
gallon of renewable diesel imported from the U.S.
"The issuance of the Tribunal's decision ends the investigation arising from
the complaint filed by the corporation with the Canada Border Services Agency
on Dec. 30, 2024," the Canadian government said on Tuesday.
The tribunal said it is expected to release reasons for its decision on May
23, 2025.
Tidewater Renewables said it was "carefully reviewing its options" in
response to the tribunal's decision with "the support of its external trade law
counsel."
The company said it may decide to take legal action or to file an amended
complaint with the Canadian government.
In its original complaint, Tidewater said as a result of an increase in the
volume of "dumped and subsidized" imports from the U.S., the company "suffered
material injury" including lost market share, lost sales, price "undercutting,"
price "depression," reduced profitability and reduced cash flow, return on
investment and the ability to raise capital.
Read more on DTN:
"US Renewable Diesel Targeted by Canada,"
https://www.dtnpf.com/agriculture/web/ag/news/business-inputs/article/2025/03/07
/canada-launches-dumping-us-renewable
Todd Neeley can be reached at todd.neeley@dtn.com
Follow him on social platform X @DTNeeley
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