Tariffs

PM Carney announces new steel plan - but is it enough? On the floor of a Hamilton steel facility, workers and management are acutely feeling the pressures of global overcapacity and cross-border tariffs. Prime Minister Mark Carney visited Hamilton yesterday, highlighting the importance of the region’s steelworkers in any national response. Walt Koppelaar, executive vice-president of Walters Group Inc., welcomed the multipronged federal package announced by Prime Minister Mark Carney on Wednesday, but said the government needs to go further and shut the door on fabricated steel imports from “bad actors.” Carney unveiled the plan at Walters’ Rymal Road East facility, using the [...]