From Reliance to Resilience: What Carney’s New Steel and Lumber Plan Means for Canada After U.S. Tariffs
OTTAWA – November 27, 2025 — Canada has formally pivoted its trade strategy for two of its most important industries, unveiling a sweeping package of measures to shield the country’s steel and softwood lumber sectors from punishing U.S. tariffs and to push Canadian producers to rely far more on domestic and diversified markets. Prime Minister Mark Carney’s new plan tightens limits on foreign steel, ramps up financial support for lumber producers, subsidizes freight costs inside Canada, and hardwires “Buy Canadian” rules into major federal spending — a shift he and his ministers are framing as a move “from reliance to