LINCOLN, Neb. (DTN) -- The Canadian government on Tuesday rejected claims by the only renewable diesel producer in Canada that U.S. producers were injuring their industry by dumping subsidized fuel across the northern border.

Canada's first renewable diesel company, Tidewater Renewables Ltd., alleged in a complaint at the end of 2024 that U.S. imports are hurting its business.

The Canadian International Trade Tribunal disagreed.

"The Canadian International Trade Tribunal today determined that the evidence does not disclose a reasonable indication that the dumping and subsidizing of renewable diesel from the United States of America have caused injury or are threatening to cause injury to the domestic industry," the body said in its ruling.

"Therefore, the tribunal terminated its preliminary injury inquiry."

Tidewater CEO Jeremy Baines said in a statement that despite the ruling, the company maintains that U.S. imports are hurting the Canadian industry.

"Our view remains that the facts support a finding that unfair trade practices by the United States have caused a flood of subsidized and dumped renewable diesel into Canada," Baines said.

"This flood of imports has significantly injured Tidewater, currently the sole Canadian producer of renewable diesel."

The Canadian market for renewable diesel imports is estimated at more than $1.4 billion annually.

Tidewater officials expressed confidence in a March news release that provisional duties would be imposed at the U.S./Canada border within 90 days. Tidewater said it anticipated duties valued at between $1.89 and $3.03 per gallon of renewable diesel imported from the U.S.

"The issuance of the Tribunal's decision ends the investigation arising from the complaint filed by the corporation with the Canada Border Services Agency on Dec. 30, 2024," the Canadian government said on Tuesday.

The tribunal said it is expected to release reasons for its decision on May 23, 2025.

Tidewater Renewables said it was "carefully reviewing its options" in response to the tribunal's decision with "the support of its external trade law counsel."

The company said it may decide to take legal action or to file an amended complaint with the Canadian government.

In its original complaint, Tidewater said as a result of an increase in the volume of "dumped and subsidized" imports from the U.S., the company "suffered material injury" including lost market share, lost sales, price "undercutting," price "depression," reduced profitability and reduced cash flow, return on investment and the ability to raise capital.

Read more on DTN:

"US Renewable Diesel Targeted by Canada," https://www.dtnpf.com/…

Todd Neeley can be reached at todd.neeley@dtn.com

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