Madam Speaker, of course, the situation the forestry sector faces is absolutely untenable and unjustified, and it is based on long-standing trade disputes with the United States.
Budget 2025 offers a number of supports for the forestry sector, including a new biomass ITC that would now be retroactive to 2023, which would allow investments in plants that use residuals, making sawmills more economical. It also very firmly plants a flag that we will buy Canadian and that Canadian products will be first and foremost when we are building Canadian homes. Very explicitly, that is also Canadian lumber.
These are no silver bullets. They are part of an overall plan that would increase access to markets, which is good for forestry; increase tax credits for the forest sector, which is good for forestry; and increase the size of the domestic market, which is good for forestry.
