Ottawa to place new limits on steel imports, provide $1B for lumber industry loans

News November 27, 2025 1 min read 0 views

Ottawa to place new limits on steel imports, provide $1B for lumber industry loans

Steel workers walking outside of an industrial plant

Prime Minister Mark Carney announced Wednesday afternoon a suite of new measures to help Canada’s steel and lumber sectors that have been battered by U.S. tariffs, including financial assistance and tightening up the Canadian market from foreign products.

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