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News
'We're getting hammered': Why this Canadian aluminum sector is crumbling while prices boom
1+ mon, 3+ week ago (1756+ words) Aluminum is the best-performing base metal this year, but extruders that process it say their businesses are dying amid surging prices, U.S. tariffs and dumping from overseas The chief executive of global mining giant Rio Tinto Group this spring praised his…...
Algoma Steel CEO stepping down amid deep losses, ongoing U.S. tariffs
11+ mon, 1+ week ago (492+ words) Algoma reported a net loss of $485.1 million in the third quarter Sault Ste. Marie, Ont.-based Algoma Steel Group Inc. chief executive Michael Garcia will step down at year’s end as the company continues to face United States tariffs that…...
The United States is losing its grip on Canada's steel market
5+ mon, 3+ week ago (1177+ words) U.S. steel imports coming into Canada down more than 20% as tariff war shifts trade One year into a trade war, the United States’ role as the largest source of foreign steel in Canada is on shaky ground. U.S. steel producers shipped…...
Canada 'systematically' losing promising startups to foreign buyers: CCI report
1+ mon, 1+ day ago (697+ words) Foreign buyers are snatching up Canadian startups due to the lack of a robust homegrown ecosystem that lets them keep growing Government investment in innovation yields early results, but loses steam later on as foreign buyers snatch up Canadian startups…...
Canadian food tech companies looking abroad as funding dries up past seed stage: survey
3+ week, 4+ day ago (401+ words) The two largest equity deals in the first half of 2026 were led by investors from the U.S. and Europe Canadian capital for food technology companies largely dries up past the seed stage, causing founders to tap foreign investors for larger cheques…...
How pickup trucks took centre stage with consumers and the U.S.-Canada trade war
1+ week, 3+ day ago (1079+ words) General Motors Co. says it will spend $144 million so that its Oshawa, Ont. assembly plant can build more kinds of the vehicle that has emerged as a sore spot in Canada’s trade war with the United States: pickup trucks. Today,…...
Why autos, alcohol and dairy are behind Trump’s new Canada tariffs
1+ mon, 3+ week ago (126+ words) Financial Post Why autos, alcohol and dairy are behind Trump’s new Canada tariffs Washington says Canadian policies unfairly restrict American exports. Ottawa argues some measures simply answer tariffs the United States imposed first. Baby boomers are trying to unload their…...
Carney cranks up steel import restrictions, relief on inter-Canada shipping rates
9+ mon, 2+ week ago (873+ words) The PM has said Canada is one of the countries 'most exposed to the fundamental restructuring of the global steel industry' New restrictions on foreign steel imports and policies designed to make it cheaper to ship steel to Western Canada…...
Carney to announce more support for steel and other sectors as trade war grinds on
9+ mon, 2+ week ago (410+ words) Ottawa to further tighten foreign steel trade and lower the costs of shipping the metal within Canada Prime Minister Mark Carney plans to announce two new measures to help Canada’s struggling steel sector, which continues to face 50 per cent tariffs…...
Trump shakes up tariff regime for steel, aluminum and copper
3+ mon, 1+ week ago (537+ words) The president has reduced the charge on some products but also widened the net to include new ones United States President Donald Trump says he’s relaxing tariffs on certain products that use steel, aluminum and copper, such as agricultural machinery…...