Sisi Chan

Steel sector praises new tariff measures, but says more needs to be done

Canada’s steel industry leader: Disappointment with Prime Minister Mark Carney’s measures is voiced, despite signs of a positive impact. The narrative includes links to the Prime Minister’s profile and U.S. tariffs related news.

The new measures announced by Carney aim to stimulate the domestic steel and lumber markets. A link to the detailed announcement is embedded.

Canadian Steel Producers Association’s CEO, Catherine Cobden, voices her support for the measures – a step in the right direction albeit not a full compensation for losses incurred due to U.S. restrictions.

Ms. Cobden voices dissatisfaction about Ottawa’s second extension to Canada’s remission program for some steel importers, impacting Canada’s retaliatory tariffs on U.S. steel.

Cobden resolves to hold the government accountable for Carney’s assurances about the end of the remission program.