Ottawa aidera les secteurs de l’acier et du bois d’œuvre
AI Article Summary
The Canadian federal government plans to inject $500 million in loan guarantees into the softwood lumber industry and reduce foreign steel imports to support sectors impacted by U.S. tariffs. Prime Minister Mark Carney is expected to announce these measures, which include collaborating with Canadian National to reduce freight costs. The plan aims to mitigate the impact of U.S. duties on steel and lumber that continue to challenge Canadian industries.
What This Means for Canadian Contractors
This project demonstrates how the federal government is working to stabilize the steel and lumber industries amid U.S. tariffs. For Quebec builders, this means increased opportunities to access materials at competitive prices due to reduced imports and freight costs. The measures could also positively impact construction costs and help maintain project timelines.
