Steel producers association unhappy with tariff remission program extensions
- The Canadian Steel Producers Association criticized the federal government's extension of a tariff remission program, stating it does not encourage Canadian firms to diversify away from the United States.
- The tariff remission program for steel and aluminum was originally set to end on June 30 but has been extended by the federal government for an additional year.
- The program automatically grants relief on Canadian tariffs for U.S. steel and aluminum imports to firms critical to key sectors, public health, and national security.
- A spokesperson for Finance Minister François-Philippe Champagne said the extension provides certainty and predictability for Canadian manufacturers during global instability.
25 Articles
25 Articles
Steel producers association unhappy with tariff remission program extensions
OTTAWA - The head of the Canadian Steel Producers Association says Ottawa's latest extension of a program that offsets the cost of tariffs in some sectors fails to encourage domestic
Ottawa's decision to extend a tariff remission program for certain steel imports from the United States does not encourage domestic manufacturers to diversify their sources of supply beyond the United States, said the President of the Canadian Steel Producers Association (CASA).
The horizontal tariff rebate program was scheduled to end on June 30th. The post Steel: Ottawa's decision to extend a reported tariff rebate program appeared first on Les Affaires.
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