IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jun 2017 | Removal date: open ended
Still in force

State loan

Responding to the threat of countervailing duties imposed by the United States, the government of Canada announced on June 1, 2017 a Can.$867 million (U.S.$654 million) assistance plan for the country’s forest sector. Unveiled by Natural Resources Minister Jim Carr, the package includes expanded loan guarantees, financing support, and employment-insurance. The largest component of the package is up to Can.$605 million (US$458 million) in loans and loan guarantees provided by the Business Development Bank of Canada (BDC) and Export Development Canada (EDC).

 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

031 Wood in the rough
4403 Wood in the rough, whether or not stripped of bark or sapwood, or roughly squared.
440320 Other, coniferous
440399 Other
311 Wood, sawn or chipped lengthwise, sliced or peeled, of a thickness exceeding 6 mm; railway or tramway sleepers (cross-ties) of wood, not impregnated
4407 Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or endjointed, of a thickness exceeding 6 mm.
440710 Coniferous

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