Franke Kindred Canada Limited

November 04, 2011 12:41 ET

Canadian Border Service Agency (CBSA) Investigates Dumping and Subsidizing of Stainless Steel Sinks Originating in or Exported from the People's Republic of China

OTTAWA, ONTARIO--(Marketwire - Nov. 4, 2011) - The CBSA has initiated investigations into "the alleged injurious dumping and subsidizing of certain stainless steel sinks originating in or exported from the People's Republic of China."

Dumping occurs when goods are sold to importers in Canada at prices that are less than their selling prices in the exporter's domestic market or at unprofitable prices. Subsidizing occurs when goods imported into Canada benefit from foreign government financial assistance. The Special Import Measures Act protects Canadian producers from the damaging effects of such unfair trade.

The investigations follow a complaint filed by Franke Kindred Canada Limited of Midland ON, and Novanni Stainless Inc. of Coldwater, ON. The complainants allege that the dumping and subsidizing of these goods are harming Canadian production by causing the following: loss of market share, loss of sales, price erosion, declining capacity utilization, reduction in employment and declining revenues, margins and profits.

Rand McNally, Manager, Commercial Products Division of CBSA's Anti-Dumping and Countervailing Directorate reported that these investigations were initiated as a result of CBSA's analysis of the complaint and by a review of additional information, which together indicate that "there is evidence that the goods have been dumped and subsidized, and that there is a reasonable indication that the dumping and subsidizing have caused injury or are threatening to cause injury to the domestic industry in Canada."

The Canadian International Trade Tribunal will make a decision by January 25, 2012. More details about the investigation may be accessed on CBSA's website at

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