Steel Shield: A Desperate Attempt to Cushion Canada's Steel Industry from US Tariffs The federal government has announced a $100 million program to cover 50% of shipping costs for Canadian made steel by rail and water.
This move is being touted as a response to the crippling US tariffs on Canadian goods, but it raises questions about what this measure truly aims to achieve.
On its face, the program seems like a welcome respite for an industry that has been reeling from economic blows dealt by its southern neighbor.