OTTAWA, Aug 5 (Reuters) - Canada will provide up to C$1.2 billion to help softwood lumber producers deal with U.S. countervailing and anti-dumping duties, Prime Minister Mark Carney said on Tuesday.

Carney, speaking to reporters in the Pacific province of British Columbia, said Ottawa would make up to C$700 million available in loan guarantees and also provide C$500 million to help speed product development and market diversification.

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Keywords: USA TARIFFS/TRUMP CANADA

https://www.reuters.com/business/canada-help-lumber-industry-cope-with-us-tariffs-says-carney-2025-08-05/