Industry Minister Says Relief Coming for Tariff-Hit Softwood Lumber Sector

Minister of Industry Melanie Joly rises during question period in the House of Commons on Parliament Hill in Ottawa on Sept. 26, 2025. The Canadian Press/Justin Tang

Federal Industry Minister Mélanie Joly says financial relief is coming soon for Canada’s tariff-struck softwood lumber sector.

The minister says the government will provide funding through banks, backstopped by the Business Development Bank of Canada, in the “coming days.”