OTTAWA,
ON, Oct. 1, 2024 /CNW/ - Today, the Government
of Canada published the list of
Chinese steel and aluminium products that will be subject to the
25% tariff and details surrounding the implementation of Section 53
of the Custom Tariff Act.
In response, Catherine Cobden,
President and CEO of the Canadian Steel Producers Association
(CSPA) and Jean Simard, President
and CEO of the Aluminium Association of Canada released the following statement:
"Canada's steel and aluminium
industries welcome this next and very important milestone in the
implementation of tariffs on Chinese steel and aluminium. This
critical step demonstrates that the Government of Canada recognizes the strategic importance of
our industries to Canada's
economic security interests.
"Canada is standing up against
excess capacity and unfair trading practices and, in so doing, is
protecting thousands of jobs, families and communities that rely on
vibrant and strong Canadian steel and aluminium industries."
"With this tariff alignment with our CUSMA partners, the US and
Mexico, we are protecting the
North American trading space against China's state sponsored excess capacity and
its destructive effects on our markets."
"Our members appreciate the efforts of the Government, and of
the consensus among all Parliamentarians, regarding these tariffs
on China, which will align us with
our largest trading partner and protect our highly integrated North
American supply chains.
"The domestic steel and aluminium industries will now work with
the Government to ensure a remission process that maintains the
effectiveness of this critical tariff regime and only applies in
well documented and unique circumstances."
About the Canadian Steel Producers Association
The Canadian Steel Producers Association is the national voice
of Canada's primary steel and the
pipe and tube industry, dedicated to ensuring a competitive and
sustainable business environment for its members and supply chain
stakeholders. Canadian steel producers are integral to Canada's economy and a vital supplier to many
segments of North American industry, including the automotive,
energy, construction, and transportation sectors.
About the Aluminium Association of Canada
Founded in 1990, the Aluminium Association of Canada (AAC) represents the three Canadian
world-class aluminium producers: Alcoa, Alouette, and Rio Tinto.
Operating nine smelters in Canada,
eight of which in Quebec, they
employ over 9,000 workers, producing more than 80% of North America's primary metal, with
$10,8 billion in exports, mainly to
the United States. The AAC and its
members are active in the development of best practices in health
and safety and responsible low CO2 production. For more
information, visit aluminium.ca or X @AAC_aluminium.
SOURCE Canadian Steel Producers Association