Ottawa Pledges C$1.2B to Protect Lumber Sector Amid U.S. Tariffs
On August 5, 2025, Prime Minister Mark Carney announced a sweeping aid package of up to C$1.2 billion to bolster Canada’s lumber industry as it faces escalating U.S. tariffs. The plan includes C$700 million in federal loan guarantees to ensure cash flow stability for affected producers and C$500 million dedicated to product development, innovation, and […]