delete Conditions for Exempted Persons Regulations
Regulation imposes export limits on softwood lumber producers based on historical production data (2004-2005), tracking exports only when reference prices are below US$355/MBF. Exceeding the limit by more than 0.5% triggers escalating penalties that reduce future export limits, with exemption revoked after four excesses.
This export restriction artificially caps Canadian producers' ability to sell their products, reducing revenue, distorting incentives, and imposing compliance costs. It locks in outdated production baselines and punishes exporters, making Canada less competitive while benefitting no clear national interest. The regulation substitutes bureaucratic control for market signals, suppressing wealth creation and violating principles of free trade and property rights.