TORONTO (AP) — Canadian Prime Minister Mark Carney announced Wednesday new supports for the steel and lumber industries hit hard by U.S. tariffs.
U.S. President Donald Trump has imposed 50% tariffs on steel and softwood lumber, long subject to U.S. tariffs, is currently taxed at 45% after the Trump administration’s hike last month.
Carney said the decades-long process of an ever-closer economic relationship between Canada and the United States is now over.
"As a consequence, many of our strengths have become vulnerabilities. Last year, more than 75% of our exports went to the United States. 90% of our lumber exports, 90% of our aluminum exports, and 90% of our steel exports, all bound for a single market,” Carney said.
“We must protect our workers and industries who are most exposed to U.S. tariffs," he said.
The plan tightens the quota on steel imports from countries that don’t have free-trade pacts with Canada from 50% to 20% of 2024 levels.
Carney also said the federal government is offering an extra $500 million Canadian (US$356 million) in loan guarantees to the softwood lumber industry on top of other measures to encourage homebuilders to use made-in-Canada materials.
Starting next spring, Ottawa will also subsidize freight fees on any rail shipments of steel and lumber across provincial borders to build up the domestic industry as Trump’s trade aggression cuts off the lucrative U.S. market.
“We will make it more affordable to transport Canadian steel and lumber across the country by cutting freight rates,” Carney said.
Trump cut off trade talks with Canada last month after the Ontario provincial government ran television advertisements in U.S. markets that criticize Trump’s tariffs by citing a speech by former U.S. President Ronald Reagan.
Carney said he’ll be in Washington for the final draw on Dec. 5 for the FIFA World Cup 2026 tournament. He said he’ll speak to Trump then and said he spoke briefly to the president on Tuesday.
“We are ready to re-engage on those talks when the United States wants to re-engage,” Carney said.
Canada's Prime Minister Mark Carney is seen during an news conference in Ottawa, Ontario, Wednesday, Nov. 26, 2025. (Adrian Wyld/The Canadian Press via AP)
DENVER (AP) — Marcus Pettersson scored with 5:39 remaining, Brock Boeser had a hat trick and the last-place Vancouver Canucks blew a four-goal lead before beating the NHL-leading Colorado Avalanche 8-6 on Wednesday night.
The Canucks, who entered the game 58 points behind the Avalanche, scored in all sorts of ways, including 29 seconds into the game, short-handed, on the power play and into an empty net to snap a six-game slide.
They led 6-2 in the second only to see Colorado tie it up with 6:02 left. Just 23 seconds later, Pettersson knocked in his first goal since November. Boeser sealed it by lining the puck down the ice and into an empty net.
Teddy Blueger scored twice, while Max Sasson and Jake DeBrusk also added goals to spoil a night in which Nathan MacKinnon became the first player this season to reach 50 goals. Vancouver took advantage of the Avalanche juggling their defensive pairings with Cale Makar sidelined by an upper-body injury.
Kevin Lankinen made 24 saves.
Sam Malinski scored twice, while Gabriel Landeskog, Parker Kelly and Brent Burns also scored. MacKinnon notched his second 50-goal campaign of his career with his score early in the first.
Colorado goaltender Mackenzie Blackwood was pulled with 4:39 left in the second after allowing six goals on 19 shots. Scott Wedgewood stopped five shots in relief.
The Avalanche were rolling after a 9-2 win over Calgary on Monday.
Before fans had a chance to settle into their seats, the Canucks were up 1-0. Sasson's goal 29 seconds into the game was the fastest by the Canucks since Oct. 22, 2024 (21 seconds).
Burns had a goal and an assist as he played in his 999th straight game. The all-time Ironman streak belongs to Phil Kessel, who skated in 1,064 consecutive games.
Canucks: At Minnesota on Thursday.
Avalanche: At Dallas on Saturday.
AP NHL: https://apnews.com/hub/nhl
Vancouver Canucks center Teddy Blueger, front, scores a goal past Colorado Avalanche goaltender MacKenzie Blackwood in the first period of an NHL hockey game, Wednesday, April 1, 2026, in Denver. (AP Photo/David Zalubowski)
Colorado Avalanche center Nathan MacKinnon reacts after scoring his 50th goal of the season in the first period of an NHL hockey game against the Vancouver Canucks Wednesday, April 1, 2026, in Denver. (AP Photo/David Zalubowski)
Vancouver Canucks right wing Brock Boeser, left, collects the puck as Colorado Avalanche left wing Joel Kiviranta defends in the second period of an NHL hockey game, Wednesday, April 1, 2026, in Denver. (AP Photo/David Zalubowski)
Vancouver Canucks center Linus Karlsson, left, congratulates center Max Sasson after his goal against the Colorado Avalanche in the first period of an NHL hockey game Wednesday, April 1, 2026, in Denver. (AP Photo/David Zalubowski)
