Carney Unveils Support Package for Softwood Lumber Industry Amid Trump’s New Tariffs

Carney unveils support package for softwood lumber industry amid Trump’s new tariffs

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(Updated) Carney announces supports for sectors affected by U.S. tariffs

Prime Minister Mark Carney announced Friday a suite of new measures to support sectors of the economy hit hardest by U.S. tariffs. The announcement includes $5 billion for a fund to help companies pivot to new products and markets and keep skills and production in Canada, and to make them more competitive globally. At a press conference at an aerospace plant in Mississauga, Ont. Friday morning, Carney said that the fund would be open to "all sec…

Prime Minister Carney Unveils Sweeping Plan to Counter US Tariffs

Carney Unveils New Suite of Economic Policies Following Cabinet Planning Forum Wrapping up the end-of-summer cabinet “planning forum” in Toronto, Prime Minister Carney unveiled a sweeping economic response to US tariffs, announcing a package of new policy initiatives aimed at countering Trump’s trade war against Canada. News release Backgrounder   While more detail will be unveiled in the coming weeks and in October’s federal budget, here is wha…