OTTAWA, Aug 5 (Reuters) – Canada will provide up to C$1.2 billion to help softwood lumber producers deal with U.S. countervailing and anti-dumping duties, Prime Minister Mark Carney said on Tuesday.
Carney, speaking to reporters in the Pacific province of British Columbia, said Ottawa would make up to C$700 million available in loan guarantees and also provide C$500 million to help speed product development and market diversification.
((Reporting by David Ljunggren, editing by Promit Mukherjee))
(Reuters Ottawa editorial; david.ljunggren@tr.com))
Keywords: USA TARIFFS/TRUMP CANADA
