Sisi Chan

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

The head of Canada’s steel industry association gives his broad perspective on new tariff measures introduced by Prime Minister Mark Carney. Some related articles about Carney and U.S. tariffs have been linked for context.

Prime Minister’s Announcement: The new policies introduced by Carney favour the domestic steel and lumber markets.

New Measures and Industry Response: Catherine Cobden, CEO of the Canadian Steel Producers Association, reacted to the new measures, particularly those offering limited compensation for the loss of access to the U.S. market.

Remission Program: Details of Ottawa’s remission program and its extensions for some steel importers are provided.

Expectations: After Carney’s announcement about the future end of the remission program, Cobden shares her anticipation toward the federal government’s continued support.