| Prevailing Monthly Price * |
| U.S. dollars per thousand board feet |
|
386 |
|
|
| Expected U.S Consumption ** |
| Millions of board feet |
|
3,346 |
|
|
| Adjusted Expected U.S Consumption ** |
| Millions of board feet |
|
3,510 |
| * Calculated in accordance with the provisions of Annex 7A of the Softwood Lumber Agreement. The Prevailing Monthly Price is the most recent 4 week average of the weekly Framing Lumber Composite Price published by Random Lengths Publications Inc, Oregon, U.S.A, available 21 days before the beginning of the month to which it applies. Other conditions that apply can be found in the relevant section of the Agreement. |
| ** Calculated in accordance with the provisions of Annex 7D of the Softwood Lumber Agreement. Expected U.S. Consumption is the average monthly apparent U.S. consumption calculated over a 12 month period ending three months prior to the month in which Expected U.S. Consumption applies, multiplied by a seasonal adjustment factor. Other conditions that apply can be found in the relevant section of the Agreement. |
| ***For the purposes of calculating Regional Quota Volumes under Option B, the EUSC is adjusted in accordance with paragraph 14 of Annex 7D of the Softwood Lumber Agreement 2006. |
| For the complete text of the Agreement, you may wish to visit the SLA under the following web link: |
| http://www.international.gc.ca/controls-controles/softwood-bois_oeuvre/other-autres/agreement-accord.aspx?lang=eng&view=d |
|
