Prime Minister Mark Carney on Parliament Hill in Ottawa on Wednesday. Mr. Carney has announced further limits on imports of steel in an effort to boost domestic demand.

The federal government is ramping up support for Canada’s steel and lumber industries, increasing tariffs on steel imports and promising additional money to help lumber mills stay afloat in the face of U.S. protectionism.

Prime Minister Mark Carney announced on Wednesday further limits on imports of steel in an effort to boost domestic demand for Canadian mills that have lost access to their key export market in the United States.

Over the summer, Ottawa introduced tariff-rate quotas (TRQs) for steel imports, setting a threshold above which imported metal will face a 50-per-cent tariff. The idea is to cap the amount of

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