CBC·3 min read·medium
Feds announce $100M program to cover 50% of shipping steel in Canada by rail and water
✦AI Summary
The Canadian government has launched a $100 million program to provide a 50% rebate on interprovincial shipping costs for steel producers. This initiative aims to support the domestic steel industry in response to recent U.S. tariffs on Canadian metal products.
Transport Minister Steven MacKinnon made the announcement Monday in Hamilton, where he said the Commodities Sectoral Support Program is a direct response to U.S. tariffs being slapped on Canadian goods.
politicsbusinesseconomy
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