Prime Minister Carney announced measures to help protect and strengthen the sectors most affected by U.S. tariffs. …The focus of the liquidity initiatives are to reduce bankruptcy or closure risk for leveraged or high-cost lumber mills through initiatives such as the BDC Softwood Lumber Guarantee Program… and enhancing EI worksharing and training grants. The demand support initiatives include working with railway companies to cut freight rates, prioritizing shovel-ready, multiyear projects that use Canadian wood products and creating demand for Canadian Wood products. The structural initiatives include a “forestry concierge” at Natural Resources Canada to help mills navigate loans and programs as well as an industry-led transformation task force to expand, diversify and identify opportunities and support affected communities. …The measures will help the sector but the bigger picture is really about duties and a supply/demand balance that has traditionally been difficult to obtain given this industry’s capital intensity. [to access the full story a Globe & Mail subscription is required]