Overview
- Joly announced after meeting with industry officials in Montreal that national infrastructure and defence contracts will require Canadian steel and aluminum.
- The United Steelworkers union praised the plan and urged binding Buy Canadian rules as part of a broader industrial strategy.
- The U.S. threat to raise tariffs on steel and aluminum imports to 50% is set to take effect Wednesday if President Trump signs an executive order.
- Canada supplied nearly 25% of U.S. steel imports in 2023, making it the largest foreign steel provider facing renewed trade pressure.
- The Liberal government’s policy aligns with its election promise to maximize the use of domestic materials in public projects.