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Funding for softwood industry imminent, federal minister says

Summary by CBC News
Financial support for Canada’s softwood lumber sector can be expected soon, the federal industry minister told a Fredericton business group on Wednesday.

2 Articles

OTTAWA—Federal Minister of Industry Melanie Joly announces imminent financial relief for Canada's softwood lumber sector, which is heavily affected by U.S. tariffs. The Minister indicated that the government will provide funding through banks, with the support of the Business Development Bank of Canada, in the coming days. "It's to support, now, our businesses and ensure their survival," said Ms. Joly. "In the meantime, we will ensure that we de…

·Richelieu, Canada
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CBC News broke the news in Canada on Wednesday, October 15, 2025.
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