The Globe and Mail reports in its Saturday edition that a made-in-Canada solution to
help the softwood industry weather the storm of
U.S. duties has been delayed at
least until the end of May.
A Canadian Press dispatch to The Globe reports that in the last month the U.S. Department of
Commerce slapped import
duties of 3 per cent to 24 per
cent on Canadian softwood.
Cabinet discussed a package of
options for up to $1-billion in aid
for the softwood industry last week, but negotiations with
industry and provincial governments
continue.
An unnamed source says Natural
Resources Minister Jim Carr had
hoped to have the plan ready to
present publicly by the end of
last week, but things did not conclude in time.
The House of Commons is off
this week for a break, which
means the earliest cabinet can
finalize the plan
now is May 30. One source says Ottawa was reluctant at
first to do any kind of aid package,
but has since changed its
mind.
Quebec and Ontario have been
pressing Ottawa to get loan guarantees
ready since at least February.
Mr. Carr said last week "everything
is on the table" when it
comes to possible help for the
industry as Canada prepares to
fight the U.S. tariffs in court.
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