Ottawa helps steel sector, heavily: This article explores the topic in depth.
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Ottawa helps steel sector. For example, heavily:
Canada will restrict steel imports from abroad to help Canadian companies are going through the crisis created by 50 % prices imposed by the United States of Donald Trump.
Marc Carney made the announcement on Wednesday morning in Hamilton, southern Ontario, where steel factories represent the city’s economic engine.
“Steel is at the very foundation of Canada. Moreover, and we will need much more to launch projects of national interest that will spread over the coming decades,” said Carney in a factory on Wednesday.
“Steel will also be essential to our energy infrastructure projects. For example, our ports, our new rail and commercial corridors, the defense and our data centers on artificial intelligence.”
Ottawa will halve the volume of steel that can be imported without customs duties. Beyond this reduced volume, steel products will be taxed by customs ottawa helps steel sector, heavily duties of 50 %.
The purpose of this measure is to promote Canadian steel supply by the rest of companies to the country. The goal is that Canada becomes its own best customer.
With this in mind. the federalum is also preparing to change the rules to stock up with Canadian steel.
Carney also unveiled measures in support of workers who have augurement for the future of this sector.
Indeed. the government will allocate $ 70 million in “requalification” training for steel workers affected by American rates so that they change the field.
A billion dollars will be invested in innovation to help steel companies adapt their factories for Canadian market projects. whether for ottawa helps steel sector, heavily defense, energy or even housing projects.
At the beginning of June. Donald Trump signed a decree to double his customs duties on steel and aluminum from around the world, from 25 % to 50 %.
ottawa helps steel sector. heavily — Ottawa helps steel sector, heavily: Canada will restrict steel imports from abroad to help Canadian companies are going through the crisis created by 50 % prices imposed by the United States of Donald Trump. Marc Carney made the announcement on Wednesday morning in Hamilton, .
Ottawa helps steel sector, heavily
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