OTTAWA, ON – December 5, 2024 – Today, Catherine Cobden, President and CEO of the Canadian Steel Producers Association, released the following statement after today’s Parliamentary Budget Officer report on Chinese overcapacity:
“The Canadian steel industry welcomes the report of the Parliamentary Budget Officer on the issue of Chinese overcapacity of steel in the Canadian market.
“The report confirms that the imposition of tariffs on Chinese steel and aluminium will slow imports of unfairly traded, high carbon products into Canada; protect Canadian jobs and communities that rely on our sectors strength, all while having a negligible impact on Canada’s economy.
“Our hope is that these trade measures signal how North American partners can align our policies to support our workers against the real trade threat that is global overcapacity in steel from China.”
The Canadian Steel Producers Association (CSPA) is the national voice of Canada’s primary steel producers and some of the country’s largest steel consumers. Our 17 members supply essential materials to sectors including automotive, energy, construction, and transportation—supporting jobs, economic growth, and resilient supply chains. A strong domestic steel industry is critical to Canada’s economic sovereignty, ensuring reliable access to materials essential to our infrastructure, strategic industries, and national resilience.
-- 30 --