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.”

While the vast majority of Canadian trade with the U.S. is exempted from tariffs because of the Canada-U.S.-Mexico Agreement, U.S. President Donald Trump has targeted the steel, aluminum, auto, energy and lumber sectors with duties.

Related: • B.C. forestry sector warns of “breaking point” as new U.S. tariffs take effect • Trump’s additional tariffs on lumber are ‘misguided and unnecessary’: BC Lumber Trade Council

In August, Prime Minister Mark Carney announced a $1.25 billion aid package to support the softwood

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