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Canada

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Canada launches $1.3 billion initiative to support lumber producers

Canada announced more than C$1.3 billion (US$950 million) in new funding to…

Canada to redirect 10% lumber exports as US tariffs take effect

Canada’s forestry industry plans to divert a portion of its lumber exports…

Canada’s lumber industry’s eyeing global markets to offset US tariffs

Canada’s lumber industry remains heavily export-dependent, with roughly 65% of production sold…

US tariffs to curb Canadian lumber demand and profitability, Moody’s warns

Moody’s Investors Service expects the latest round of US tariffs and countervailing…

Canada to deliver $700M for struggling softwood lumber sector

As announced by Minister of Industry Mélanie Joly, the Business Development Bank…

Oversupply hits Canadian lumber industry

Canadian lumber producers are facing one of the sharpest price drops in…

New tariffs on Canadian lumber: “Virtually impossible to survive”

The latest round of U.S. tariffs on Canadian softwood lumber, which will…

U.S. would need 70 sawmills to replace Canadian lumber imports

The United States would need to build about 70 new sawmills—each costing…

Extra 10% tariff on Canadian softwood lumber, raising concerns across North America

The United States has announced new tariffs on Canadian softwood lumber, adding…

Canada backs down on some U.S. lumber tariffs

Canada withdrew challenges against some import taxes the US levied against softwood…