Thanks for the question.
Softwood was one of the sectors covered through our trade impact program launched in March last year. It is a $5-billion program of support over two years to help those sectors most impacted. We see that as softwood, aluminum and some areas of manufacturing.
In softwood, we've been instrumental in continuing to support, through that impact program, longer buyer terms and actually put bonding in place for support. For Canadian softwood producers who have to pay tariffs, we will fund the posting of those tariff bonds, which would otherwise be a draw on their working capital and would make them unable to afford to continue to transact business.
We provide a guarantee to the bank, and the bank frees up capital. Therefore, we're effectively guaranteeing those tariff bonds that have to be put up. That has helped significantly.
