Prime Minister Mark Carney was in B.C. this week promising $700-million in loan guarantees for the industry and $500-million for long-term supports to help companies diversify export markets and develop products. Share Save for later Please log in to bookmark this story. Log In Create Free Account

The U.S. Department of Commerce says it has made a final decision to more than double countervailing duties on Canadian softwood lumber imports, a move business groups in British Columbia say will harm communities on both sides of the border.

A statement from the American department said the duty for most Canadian companies is being increased to 14.63 per cent, up from 6.74 per cent, after it determined softwood lumber from Canada was being unfairly subsidized.

The incre

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