Surge Charge – Alberta Region (March 2007)
Disclaimer
We do not guarantee the accuracy of this copy of the CRA website.
Scraped Page Content
SWLN7 - Surge Charge – Alberta Region (March 2007)
April 2008
The purpose of this notice is to provide exporters of softwood lumber products under the Softwood Lumber Products Export Charge Act, 2006 with information on a surge charge for the month of March 2007 for the region of Alberta.
The information in this notice is for reference purposes only and does not replace the Act or its regulations. Should there be any discrepancy between the information in this notice and that contained in the Act or its regulations, the legislative provisions apply.
Pursuant to the surge mechanism described in subsection 14(1) of the Softwood Lumber Products Export Charge Act, 2006 (the Act), the charge that applies to the export of softwood lumber products from a region that is not governed by an export allocation (an Option A region) is increased by 50% when exports of softwood lumber products from this region during a particular month exceed the applicable monthly trigger volume.
A surge charge is payable for the month of March 2007 for the region of Alberta. Exporters who have shipped softwood lumber products with an Alberta region of origin during March 2007 are required to complete and file form B279, Softwood Lumber Products Surge Charge Return.
Regulations will be put forward outlining the prescribed formula for calculating the expected monthly American consumption of softwood lumber products, which is a component of the trigger volume formula used to determine when the surge charge is payable. The proposed regulations will be effective as of October 12, 2006. Pursuant to section 26 of the Act, exporters are required to report and remit the surge charge owing by the end of the month following the month in which it became payable. In this instance, form B279 must be filed and the surge charge must be remitted by May 31, 2008. If the regulations are published as recommended, interest will apply as of that date.
For more detailed information on the surge charge, refer to Notice SWLN6, Calculating and Reporting the Surge Charge.
For questions about filing a surge charge return or making a payment, please call 1-800-935-0313.
For other technical enquiries about the Softwood Lumber Products Export Charge Act, 2006, please call 1-866-330-3304.
Information on export volumes and export permits may be found on the Foreign Affairs and International Trade Canada Web site at www.softwoodlumber.gc.ca.
All technical publications on the softwood lumber products export charge are available on the CRA Web site at www.cra.gc.ca/softwood.
- Date modified:
- 2008-04-23