Sisi Chan

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

Introduction: The article dives into the steel industry’s reaction to Prime Minister Mark Carney’s recent tariff measures, particularly focusing on the controversy surrounding U.S. tariffs.

Carney’s New Measures: This segment expands on the package of measures introduced by Prime Minister Mark Carney, aimed at supporting the steel and lumber sectors.

Cobden’s Statement: The point of view of Catherine Cobden, CEO of the Canadian Steel Producers Association, on the new measures is highlighted here. Cobden’s critical assessment enhances the depth of the article’s analysis.

Concerns on Ottawa’s Decision: Cobden voices her discontent with the decision by Ottawa to extend the remission program for specific steel importers, adding another layer of complexity to the industry’s situation.

Commitment from the Federal Government: Cobden emphasizes the need for the remission program to cease operations in January as pledged by Carney. This expectation reflects the industry’s evaluation of the federal government’s commitment to their concerns.