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Monday, August 11, 2025

Canada Lumber Aid Inflames US Subsidy Claims, Industry Says

 


The US lumber industry says new financial support pledged by Canada to domestic forestry companies risks deepening the neighbors’ long-running trade dispute, and may result in yet more import taxes.

Last week Prime Minister Mark Carney promised as much as C$1.2 billion ($870 million) in loan guarantees, grants and contributions for Canadian sawmills to pursue product development and market diversification — in response to what he said were unjustified US import taxes.


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