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News
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…...
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…...
'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…...
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,…...
High U.S. aluminum prices offset Trump tariff costs, Alcoa says
10+ mon, 3+ week ago (292+ words) Aluminum prices in the U.S. have been rising faster than other international markets Alcoa Corp. said U.S. tariffs on Canadian aluminum cost it US$69 million more than the prior quarter, although higher domestic prices for the metal helped offset the hit. The…...
Manufacturers in 'eye of the storm' of tariff war
2+ day, 14+ hour ago (109+ words) Financial Post Manufacturers in 'eye of the storm' of tariff war Dennis Darby talks to FP about the real impacts already hitting Canadian manufacturers in the trade war. Donald Trump raises the stakes of the trade war with Canada Trump…...
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…...
Canada's last independent steel mill faces tough path back to profitability
8+ mon, 1+ week ago (1015+ words) The federal and Ontario governments have pumped hundreds of millions of dollars of financial loans and other support into Sault Ste. Marie, Ont.-based Algoma Steel Inc., Canada’s only non-foreign-owned steel mill, and that may just be the start of…...
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…...