Canada’s steel industry fears that Chinese steel facing steep tariffs in the United States will be sent north and overwhelm the Canadian market.

Today, the Prime Minister, Mark Carney, announced a suite of targeted measures to stand behind Canada’s steel industry, protect Canadian careers, and invest in our homegrown industrial capacity to build Canada strong. Canada’s new government will:

The announcement at a Hamilton steel plant follows a similar press conference in Ottawa last month when Carney announced a first round of trade protections for Canadian steel mills as a response to United States President Donald Trump’s decision to raise tariffs on steel imports to 50 per cent from 25 per cent.

The prime minister pledges to diversify its trading partners away from the US and prioritise the use of Canadian steel.

Prime Minister Mark Carney is scheduled to be in Hamilton today to make an announcement related to the steel industry.

The voice belonged to Mark Carney, the then-governor of the Bank of England, who is now the prime minister of Canada, and navigating another crisis: A trade war with the U.S. A former longtime banker at Goldman Sachs,

Indigenous communities have launched a legal challenge against a federal law that would fast-track resource development projects.

Canadian Prime Minister Mark Carney on Wednesday said that Canada will introduce a tariff rate quota for countries with which it has free trade agreements, excluding the United States, to protect the domestic steel industry.