Ottawa to rebate $100M in freight costs to ship steel across Canada
-
Share on Facebook
-
Share on Bluesky
-
Share on X
- Copy Link
Ottawa plans to slash costs for shipping steel between provinces and territories over the next year in a bid to help domestic producers hit hard by tariffs.
Transportation Minister Steven MacKinnon has announced a $100-million rebate plan to pay back manufacturers half the freight costs for sending eligible steel products across the country by rail or ship.
The relief is meant to encourage companies that use steel in their manufacturing processes to turn to domestic suppliers rather than rely on the United States and other foreign suppliers.
“Canadians want to buy Canadian products. Canadians want their governments to buy Canadian products. Canadian businesses want to use more Canadian materials,” MacKinnon said. ”And our government wants to support that.”
