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The federal government is ramping up support for Canada’s steel and lumber industries, increasing tariffs on steel imports and promising additional money to help lumber mills stay afloat in the face of U.S. protectionism.

The support, announced by Prime Minister Mark Carney , included further limiting foreign steel imports to ensure domestic producers have better access to the market. And in an attempt to lower the cost of Canadian products for domestic buyers, Ottawa said it will subsidize the cost of shipping steel and lumber across the country by rail by up to 50 per cent.

It also announced more support for the workers and businesses themselves, including an additional $500-million in loan guarantees to help C

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