Announcement
01 Jun 2017
Canada is providing a Can.$867 million support package for its foresty sector, the largest component of which consists of loans and loan guarantees. According to the U.S. Lumber Coalition, the assistance provided through Export Development Canada and the Business Development Bank of Canada “only further tilts the trade scale in Canada's favor, threatening more than 350,000 jobs in communities across the United States.”
Source
Sign in to access
Number of interventions
4
4 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
01 Jun 2017
Revocation date:
No revocation date
Updated: 01 Jun 2017
State aid, nes
In force
The final component of the package is Can.$63 million (US$48 million) over three years (US$16 million per year) in the Forest Innovation Program (FIP). Originally created in 2012 with a f...
Sign in to see more
Updated: 01 Jun 2017
Financial grant
In force
A further component of the package is Can.$55 million (US$42 million) over three years in the Investments in Forest Industry Transformation (IFIT) program. Created in 2010, the IFIT program of...
Sign in to see more
Updated: 01 Jun 2017
Other export incentive
In force
Also among the larger components of the package is Can.$45 million (US$34 million) over three years (US$11 million/year) in Natural Resources Canada’s (NRCan's) Expanding Market Opportun...
Sign in to see more
Updated: 01 Jun 2017
State loan
In force
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 coun...
Sign in to see more
Threads
See all
This state act is not part of any Thread yet.