Ottawa lends Millar Western $100M to cope with tariff impacts
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Digital Subscription
One year of digital access for only $205*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*First annual payment billed as $205.00 + GST for one year. This annual subscription will automatically renew at $233.00 + GST every 52 weeks (10% off the regular annual price of $259.35). Offer available to new and qualified returning subscribers only. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Your next Brandon Sun subscription payment will increase by $1.00 and you will be charged $17.95 plus GST for four weeks. After four weeks, your payment will increase to $24.95 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
OTTAWA – The federal government is extending a $100-million loan to help a forest products company in Western Canada cope with tariffs and trade uncertainty.
Finance Canada says it’s offering the funds to Millar Western Forest Products, a company operating three pulp mills across Alberta and British Columbia, to help the company with near-term needs like rebuilding its log inventory.
Canada’s 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.
Millar is primarily an exporter and employs some 420 workers and supports hundreds more through maintenance and consulting work.
Ottawa says the loan will help the company protect those jobs and adapt to changing market conditions.
Millar is one of just a handful of companies which have received money through Ottawa’s Large Enterprise Tariff Loan facility — a $10-billion fund that’s also helping Ontario’s Algoma Steel retool its products away from customers in the United States.
This report by The Canadian Press was first published July 27, 2026.
Note to readers:This is a corrected story. An earlier version had the incorrect name and description of the company.
