Prime Minister Mark Carney says 90 per cent of Canadian lumber exports go to the United States, where President Donald Trump has raised duties on those shipments. Share Save for later Please log in to bookmark this story. Log In Create Free Account

Prime Minister Mark Carney said on Tuesday his government will provide $1.2-billion in financial supports for Canada’s softwood lumber producers to deal with increased U.S. trade duties.

Mr. Carney said the package includes $700-million in loan guarantees, aimed at helping forestry companies get financing necessary to support and restructure their operations to reduce their reliance on exports to the United States.

The Prime Minister said the supports also include $500-million in grants and contributions companies c

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