Therefore,
Trade war | mark carney new: However,
Trade war | mark carney:
(OTTAWA) Before the latest protectionist assaults in the United States. Therefore. Meanwhile, the Carney government announces that it makes some $ 700 million in loan guarantees available to forest companies in order to support them during this economic turbulence period.
Posted at 2:31 p.m. Moreover, Updated at 3.30 p.m. However,
Passing through Kelowna. Therefore. British Columbia, where he visited the company Gorman Brothers which employs hundreds of workers in the forest industry, Carney said that this financial aid will be accessible to companies in all sizes in the country.
The Prime Minister also indicated that trade war | mark carney new an additional sum trade war | mark carney of. $ 500 million will be offered to the lumber’s industry in the form of subsidies. Moreover, contributions to develop new products and find new export markets.
In addition. Furthermore. the federal government is preparing to increase the rate to promote the construction of new housing and it is committed to using only Canadian wood wood.
The objective is ambitious: double the construction of housing to reach 500,000 dwellings per year during the next decade.
“On its own. Similarly, this figure could double the use of Canadian coniferous boost in new residential construction,” said the Prime Minister.
Also on Tuesday. Carney announced that Ottawa will invest $ 50 million to support the improvement. obtaining new skills to some 6,000 workers who could be affected in the trade war | mark carney new building wood industry.
trade war | mark carney
The announcement of these measures occurs a few days after the United States trade. department has decided to increase the “anti-dumping” duties on Canadian timber to 20.56 %.
It also occurs after the St-Michel Inc sawmill. the most important employer in Saint-Michel-des-Saints. in Lanaudière, announced on Friday that it suspended its activities until October 13 in the wake of the new Washington protectionist salve. The company employs 250 workers.
In Kelowna, the Prime Minister stressed the importance of the forest industry for the entire Canadian economy.
Photo Darryl Dyck. Canadian Press
Mark Carney meeting workers from the forest industry trade war | mark carney trade war | mark carney new in Kelowna
“Today. Canada is the second world producer of lumber. We provide 85 % of American imports and represent approximately a quarter of the American market. And this, despite decades of commercial threats from the other side of the border, “he said.
Carney rejected claims by the Trump administration that Canada floods the US timber market. “Canada does not practice lumber dumping in the United States. and we will continue to assert that these current and proposed rights are unjustified,” he said.
But in front of the protectionist wind from the United States, the federal government cannot remain cross-won.
“There are enormous opportunities for the lumber industry.. the investments that we make today will help this sector to grasp them in all possible ways,” trade war | mark carney trade war | mark carney new said Carney.
As we build this country. we will change the federal government’s supply process in order to demand that companies have contracts with the federal government use Canadian timber
Mark Carney. Prime Minister of Canada
Trade war | mark carney new
Trade war | mark carney
No maintenance with Trump
At a press conference, Mark Carney said he had not had an interview with President of the United States Donald Trump since he carried out his threat to passing customs duties from 25 % to Canadian exports that do not comply with the Canada-States (ACEUM) in Friday.
In an interview with the CBS network as part of the program Face the Nationon Sunday. the Minister responsible for Commerce Canada-United States. Dominic Leblanc, before suggesting that such an trade war trade war | mark carney new | mark carney interview between the two leaders would take place this week.
“I haven’t talked to the president in recent days. We will speak when it makes sense, ”dropped the Prime Minister in response to a question of a journalist.
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