Date Published:
July 2007

L’Encyclopédie de l’histoire du Québec / The Quebec History Encyclopedia

Dumping

Dumping, the practice of importing into a country the surplus products of another country at sacrifice prices. Canada, being the neighbour of a highly industrialized country like the United States, has been peculiarly the victim of this practice. There has therefore been introduced into the Canadian tariff a duty known as "the dumping duty". This duty, first introduced in 1904, was originally only 15 per cent., but was increased in 1930 to 50 per cent.; and at the same time the Customs Act was amended by a clause declaring that "in case of new or unused goods the value for duty shall not be less than the actual cost of production of similar goods at the date of shipment to Canada, plus a reasonable advance for selling cost and profit." See Watson Griffin, The dumping clause (pamphlet, Toronto, 1904)

Source: W. Stewart WALLACE, The Encyclopedia of Canada, Vol. II, Toronto, University Associates of Canada, 1948, 411p., p. 245.