Catherine Cobden, president and CEO of the Canadian Steel Producers Association (CSPA), released a statement regarding Canada's federal budget.
According to CSPA, she supports the government's "vision to stimulate investment, develop significant projects and strengthen transportation corridors to help improve Canada's economic future." She explained the new policy, Prioritizing Canadian Materials in Federal Procurement, which will help the domestic steel sector and prioritize domestic steel throughout the Canadian government's federal procurement sector. She also confirmed the confirmation of tools to support industries, including steel, that have been impacted by tariffs. Cobden also mentioned the need for increased controls at the Canadian border to bring the domestic steel market share to 80-85 percent, similar to the EU and US.
Cobden concluded her statement by saying: “We look forward to continuing to work with the government to move these important steps forward as quickly as possible.”
