OTTAWA — Prime Minister Mark Carney says the federal government is rolling out a new suite of supports to shore up the domestic steel and lumber industries hit hard by U.S. tariffs.
Carney said at an event on Parliament Hill Wednesday that since U.S. President Donald Trump launched his global tariff campaign, many of Canada’s “strengths have become our vulnerabilities.”
He pointed out that in 2024, 75 per cent of Canada’s exports — and 90 per cent of its lumber, aluminum and steel exports — went to the U.S. He said Canada must now find new markets within the country for those products.
Many of the measures Carney unveiled Wednesday are aimed at boosting the use of Canadian steel and lumber in domestic homebuilding and infrastructure projects.
The new plan tightens the quota on steel im

Lethbridge Herald
980CJME
The Globe and Mail Business
Standard-Freeholder
Ottawa Citizen
CBC News Toronto
The Boston Globe Crime
Orlando Sentinel Politics
AlterNet
WIRED
The Daily Beast