Carney to announce new supports today for steel industry hammered by U.S. tariffs
Advertisement
Read this article for free:
or
Already have an account? Log in here »
We need your support!
Local journalism needs your support!
As we navigate through unprecedented times, our journalists are working harder than ever to bring you the latest local updates to keep you safe and informed.
Now, more than ever, we need your support.
Starting at $15.99 plus taxes every four weeks you can access your Brandon Sun online and full access to all content as it appears on our website.
Subscribe Nowor call circulation directly at (204) 727-0527.
Your pledge helps to ensure we provide the news that matters most to your community!
To continue reading, please subscribe:
Add Brandon Sun access to your Free Press subscription for only an additional
$1 for the first 4 weeks*
*Your next subscription payment will increase by $1.00 and you will be charged $20.00 plus GST for four weeks. After four weeks, your payment will increase to $24.00 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
OTTAWA – Prime Minister Mark Carney is set to announce new measures today to help Canada’s steel sector, a government official told The Canadian Press.
Ottawa plans to limit foreign steel imports and cut interprovincial rail freight rates in a bid to support Canada’s steel industry threatened by damaging U.S. tariffs.
Steel imports from countries where Canada does not have a free-trade agreement will be lowered from 50 per cent to 20 per cent of 2024 levels.
The government also plans to work with CN Rail to cut freight rates by 50 per cent when shipping steel interprovincially.
The official said Ottawa will subsidize the difference if CN can’t oblige a lower rate.
The moves come as the steel industry continues to be hammered after U.S. President Donald Trump levied 50 per cent tariffs on Canadian steel in June.
This report by The Canadian Press was first published Nov. 26, 2025.