A complaint by Richmond-based Tree Island Steel Ltd. has spurred the Canada Border Services Agency to launch a probe into alleged dumping of galvanized steel wire into Canada by China, Israel and Spain.
CBSA initiated the the investigation Monday after a Tree Island Steel filed its comlaint, which claims the alleged dumping is causing loss of market share, price erosion and jobs losses in Canada.
Dumping occurs when goods are sold at unprofitable prices in Canada or for less than the selling price in the exporter's domestic market.
The CBSA says it will also be investigating allegations of injurious subsidizing of the products by China.
The agency expects to make a preliminary decision on both allegations by April 22.
If the allegations of dumping are upheld, the CBSA can impose duties on the imported goods.
