Prime Minister Carney announces new measures to protect and transform Canada’s steel and lumber industries
Building on previously announced measures to help transform the Canadian steel and softwood lumber industries, the following new initiatives were announced last week: 

• Further limit foreign steel imports to ensure that Canadian steel producers have better access to the domestic market 
• Make it easier to build with Canadian steel and Canadian lumber 
• Increase protections for Canadian steel and lumber workers and businesses so they can adapt and thrive in this new global landscape

Part of this announcement includes $100 million over two years, starting in 2025-2026, in program costs to provide support to eligible employers in all sectors with an active Work Sharing agreement and who commit to supporting training for employees working reduced hours. This measure will increase the income replacement for eligible workers, helping up to 26,000 Canadian workers in various sectors, including steel and lumber. 

Read the press release here 

Read the backgrounder here 

"In early October, the Revelstoke Chamber of Commerce was asked to connect our steel and lumber manufacturing members with the federal government so they could share input on how this funding should be allocated. We are proud to strengthen relationships at all levels of government and create opportunities like this for our Chamber members." said Caroline Lachapelle, CEO Revelstoke Chamber of Commerce.