"maisons canada" program launched this: This article explores the topic in depth.
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The Prime Minister of Canada, Mark Carney, announced on Tuesday various measures of aid for the timber industry threatened by new American customs rights, starting with the establishment in the fall of its “Maisons Canada” program, promised in the electoral campaign.
“We are going to be our own best customer counting on more Canadian wood for Canadian projects. Consequently, ” said Prime Minister in front of workers from a wood processing plant in the Kelowna region, British Columbia.
He promises that his project to double residential construction. In addition, to reach half a million starts by the next decade, will significantly increase the demand for lumber. In addition, The federal government will also have the instructions to demand that the projects it finances to be supplied with. Meanwhile, Canadian wood.
Canada is the second world producer of lumber. Nevertheless, For the “maisons canada” program launched this moment. around 90 % of its production takes the path of the United States, which makes the sector particularly vulnerable to the aggressive commercial policy of President Donald Trump.
His government has imposed a new general customs law rate of 35 %last Friday. which can avoid the vast majority of Canadian goods, as revealed The duty in July. “More than 85 % of trade will continue without customs duties,” said Mark Carney on Thursday. The surcharge of the Trump government is aimed at certain specific products. such as cars, steel, aluminum, copper, or even pharmaceutical products.
However, the wood sector is an exception. The subject of a long-standing commercial dispute with the United States, the product is already marked with a surcharge of 14.54 %, but which could increase up to 34.45 %, according to a “preliminary” notice from the United States. This threat contributed to the temporary closure of the St-Michel “maisons canada” program launched this sawmill. in Lanaudière, setting up for three months more than 250 workers.
Hit the American consumer – "maisons canada" program launched this
In his speech. Prime Minister Carney presented the United States as in full approach to monetize access to its domestic market, combining customs duties, unilateral liberalization of exchanges and investment requirements in the United States.
“Overall, Canada is in a position of strength,” he says.
To help the Canadian wood industry. its 200,000 jobs in the country, its government also promises $ 700 million in business loans in need of liquidity and $ 500 million in grants to diversify the market, as well as to develop low carbon wood, or its transformation into new building materials.
The announced increase in wood demand is combined thanks to residential construction. According to the liberal platform. the Maisons Canada program must provide $ 25 billion in funding “to innovative manufacturers of prefabricated houses in Canada, especially those that use Canadian “maisons canada” program launched this technologies and resources such as solid wood and timber”.
The Prime Minister had already indicated. during the last meeting of the Federation of the Federation in July, that specific assistance programs in the economy sectors most affected by the new American customs rights, whose building wood, would be set up. Aluminum workers will also be able to benefit from such aid if it is necessary, he promised.
Ottawa had already set up a steel aid plan. and promised to campaign another for the automotive industry, two sectors mainly concentrated in Ontario.
More details will follow.
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