Ottawa lends Millar Western Lumber $100M to cope with tariff impacts - BNN Bloomberg
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0.00 · CENTER
ML v2 (DistilBERT)
0.264 · RIGHT
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0.132 · CENTER
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Article Excerpt
OTTAWA — The federal government is extending a $100-million loan to help a lumber company in Western Canada cope with tariffs and trade uncertainty.
Finance Canada says it’s offering the funds to Millar Western Lumber Products, a company operating three lumber mills across Alberta and British Columbia, to help the company with near-term needs like rebuilding its log inventory.
Trade War coverage on BNNBloomberg.ca
Canada’s forest sector has been hit directly by steep U.S. tariffs but Finance Canada also says the domestic softwood lumber industry is struggling under the weight of global trad…
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Jul 27, 2026