Written by David Bols
Canadian press
February 11, 2025 7:51 am published
1 minute read
Canada’s commercial advocacy groups call for government measures after the American definitions of Canadian steel and aluminum.
US President Donald Trump signed an executive order to impose fees on steel and aluminum imports to his country from March 12.
The head of the Canadian Chamber of Commerce and CEO Kandis Ling said in a statement that this step is “wrong to many levels.”
He chanted similar feelings by the Toronto Trading Council and CEO Giles Gerson, who said in a statement that immediate measures must be taken “to support our economy and economic sovereignty in Canada.”
Jerson’s statement included a list of tasks from the Trade Council in the Toronto region of Canadian government in response to the definitions, with one element for imposing anti -US outlets on the United States to protect the home market for Canadian steel and aluminum.
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Another point in the list called for wide reform and root in an attempt to launch the projects of national minerals, minerals and national energy.
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As for the news that affects Canada and around the world, he participated in the urgent news alerts that were delivered directly when it occurs.
“If we would have to go alone without the largest commercial partner and reliable ally, we urgently need an effective national economy that reflects the true size of the best 10 global economies, instead of the currently assigned fragmentation,” he said.
The US National Trade Administration data shows that the United States is the largest market in Canada aluminum, with more than 3 million tons to the United States last year.
BMO economist Robert Kavisic says that the total steel and aluminum exports in the United States last year were $ 35 billion, or nearly one percent of GDP.
“We can move more and look at the place where export is exported to the United States of steel and aluminum is larger, not a surprise, that is, ie Quebec and Ontario,” KavCIC said.
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