Developer Concerned $1.2B Lumber Support Plan ‘Could Be Read as Another Subsidy’

FONOM welcomes federal investment in softwood lumber industry

Canada announces $1.2B support package to help prioritize domestic wood in infrastructure projects

Developer concerned $1.2B lumber support plan ‘could be read as another subsidy’

Prime Minister Mark Carney’s decision to offer over a billion dollars for Canada’s softwood lumber industry has a developer concerned funds will be perceived as subsidies causing uncertainty for exporters relying on business with the United States.

Politicians at all levels praise new billion-dollar softwood lumber funding package

NORTHWESTERN ONTARIO — Regional representatives from all levels of government are applauding a recently-announced federal stimulus package for the softwood lumber industry and agree that collaboration is key to the sector's survival and growth.

Federal government is recognizing northwest Ontario's softwood lumber sector, says Minister Patty Hajdu

The federal government is providing $1.2 billion to support Canada’s ailing softwood lumber industry, amidst an ongoing trade war with the United States. Northern Ontario accounts for more than 50 percent of Canada's forestry, logging and support activity employment.

Future projects to ‘prioritize’ Canadian lumber, PM says - Ontario Construction News

Wolfgang Depner, Canadian Press The federal government is setting up a safety net of loans, product-development grants and market diversification plans for Canada’s softwood lumber industry in an effort to shield it from the worst of American duties and fees. Prime Minister Mark Carney announced the plan Tuesday, promising $700 million in loan guarantees […] The post Future projects to ‘prioritize’ Canadian lumber, PM says appeared first on Onta…

FONOM Welcomes Federal Commitment to Secure the Future of Canada’s Softwood Lumber Sector – Wawa-news.com

The Federation of Northern Ontario Municipalities (FONOM) welcomes the Government of Canada’s announcement of new strategic investments to modernize and strengthen Canada’s softwood lumber industry in the face of global trade uncertainty and rising domestic demand. The comprehensive support package—announced by Prime Minister Mark Carney—includes measures to improve access to financing, enhance market and product ...