{"id":145648,"date":"2026-07-27T18:51:43","date_gmt":"2026-07-27T18:51:43","guid":{"rendered":"https:\/\/www.europesays.com\/canada\/145648\/"},"modified":"2026-07-27T18:51:43","modified_gmt":"2026-07-27T18:51:43","slug":"ottawa-lends-millar-western-lumber-100m-to-cope-with-tariff-impacts","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/canada\/145648\/","title":{"rendered":"Ottawa lends Millar Western Lumber $100M to cope with tariff impacts"},"content":{"rendered":"<p>OTTAWA \u2014 The federal government is extending a $100-million loan to help a lumber company in Western Canada cope with tariffs and trade uncertainty.<\/p>\n<p>Finance Canada says it\u2019s offering the funds to Millar Western Lumber Products, a company operating three lumber mills across Alberta and British Columbia, to help the company with near-term needs like rebuilding its log inventory.<\/p>\n<p>Canada\u2019s forest sector has been hit directly by steep U.S. tariffs but Finance Canada also says the domestic softwood lumber industry is struggling under the weight of global trade disputes.<\/p>\n<p>Millar is primarily an exporter and employs some 420 workers and supports hundreds more through maintenance and consulting work.<\/p>\n<p>Ottawa says the loan will help the company protect those jobs and adapt to changing market conditions.<\/p>\n<p>Millar is one of just a handful of companies which have received money through Ottawa\u2019s Large Enterprise Tariff Loan facility \u2014 a $10-billion fund that\u2019s also helping Ontario\u2019s Algoma Steel retool its products away from customers in the United States.<\/p>\n<p>This report by The Canadian Press was first published July 27, 2026.<\/p>\n<p>The Canadian Press<\/p>\n<p>\t\tKeep it Factual<\/p>\n<p>Add CityNews Toronto as a trusted source on Google to see more local stories from us.<\/p>\n<p>\t\t<a href=\"https:\/\/www.google.com\/preferences\/source?q=toronto.citynews.ca\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n\t\t<img loading=\"lazy\" decoding=\"async\" class=\"add-trusted-source-badge\" src=\"https:\/\/www.europesays.com\/canada\/wp-content\/uploads\/2026\/07\/1785178303_856_google-trusted-badge.png\" alt=\"Add as a preferred source on Google\" width=\"198\" height=\"63\"\/><br \/>\n\t\t<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"OTTAWA \u2014 The federal government is extending a $100-million loan to help a lumber company in Western Canada&hellip;\n","protected":false},"author":2,"featured_media":145649,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[525,235,10766,290,61],"class_list":["post-145648","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ottawa","tag-business","tag-economy","tag-forestry","tag-national","tag-ottawa"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/145648","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=145648"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/145648\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/145649"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=145648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=145648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=145648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}