Sisi Chan

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

Paragraph 1: Despite cleaner acknowledgement of their benefits, Catherine Cobden, the CEO of the Canadian Steel Producers Association, is somewhat disappointed with the new measures.

Paragraph 2: The newly introduced measures aim to bolster Canada’s domestic market for steel and lumber sectors with tightened quotas on foreign steel imports along with reduced freight rates.

Paragraph 3: Cobden implies that the measures, although progressive, might not entirely offset the lost access to the U.S. market.

Paragraph 4: The extension of Canada’s remission program for certain steel importers has drawn Cobden’s criticism as it undermines Ottawa’s retaliatory tariffs on U.S. steel.

Paragraph 5: Cobden is determined to hold the federal government to its commitment to conclude the remission program by the end of January, a deadline that has already been extended.