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Canadian Wood Council Welcomes Federal Investment In Forestry Innovation And Housing Solutions - Wood Business
4 Articles
4 Articles
Canadian Wood Council Welcomes Federal Investment In Forestry Innovation And Housing Solutions - Wood Business
The Canadian Wood Council (CWC) welcomes today’s announcement by Prime Minister Mark Carney in Kelowna, unveiling a $1.2-billion investment to support Canada’s forest sector and accelerate the use of Canadian wood in domestic construction. The measures – including $700 million in loan guarantees and $500 million to advance innovation, workforce development, and market diversification – send a strong signal of support for sustainable construction…
In the face of the last protectionist assaults in the United States, the Carney government announces that it is making some $700 million available to forest companies in loan guarantees to support them in this period of economic turbulence.
Ottawa will offer $700 million in guaranteed loans to industry companies and invest $500 million to help diversify wood products.
Ottawa will offer $700 million in guaranteed loans to industry companies and invest $500 million to help diversify wood products.
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