In Canada, the Canada Border Services Agency formally initiated a countervailing (anti-subsidy) and anti-dumping duty investigation into imports of renewable diesel from the United States. The Investigation follows a complaint filed by Tidewater Renewables at the end of 2024.
In initiating the Investigation, CBSA confirms that Tidewater Renewables provided satisfactory evidence to support its allegations that U.S. renewable diesel imports were subsidized and dumped, causing harm to Tidewater Renewables.
Management anticipates that provisional duties will be imposed at the Canada-U.S. border within 90 days. Final duties, which would be in place for five years and can be renewed every five years thereafter, could be imposed by September 2025 following a ruling by the Canadian International Trade Tribunal. If final duties are imposed at the levels expected by management, valued between C$0.50 and C$0.80 per liter of renewable diesel imported from the United States, these duties would support long-term market stability for Tidewater Renewables’ renewable diesel production and its related emission credits.
Tags: Canada, Canada Border Services Agency, renewable diesel
Category: Policy
