Prime Minister Mark Carney has announced more than $1 billion to support Canada’s beleaguered softwood lumber industry. Brian Menzies, executive director of the Independent Wood Processors Association, says the new support measures are ‘a good step in the right direction.’
Related coverage on Canada’s response to the US hike in softwood lumber duties:
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- Castanet: PM Carney pitches ‘resilience not reliance’ amid trade uncertainty
- Bloomberg News: Carney pledges $870M for Lumber Sector Hit by Trump
- Telegraph-Journal: Carney unveils strategy to shield industry from US tariffs
- New York Times: With Canada No Longer Able to Rely on US, Carney Pushes New Markets