Media Release
The Canadian Steel Producers Association welcomes today’s Federal Budget 2024 announcement providing additional resources to the Canada Border Services Agency to create a dedicated Market Watch Unit to monitor unfair trade practices and update trade remedy measures annually.
“Canadian steel producers face significant competition within our borders from steel that is unfairly traded. As the economy softens globally, we are seeing this problem intensify and action is urgently needed. As the most significant user of Canada’s trade remedy system, we feel it is imperative new resources and approaches are put in place to protect the domestic industry and its employees from these unfair practices,” says Catherine Cobden, President & CEO of the Canadian Steel Producers Association.
“The announcement of funding for a new Market Watch Unit will see trade remedy measures updated annually. This new tool will greatly improve the existing process and provide significant transparency and predictability in the system for all users. We look forward to working with the federal government to ensure that the implementation of this new tool delivers a more permanent shift in how importers behave within our borders.”
À propos de l’association canadienne des producteurs d’acier
L’Association canadienne des producteurs d’acier (ACPA) est la porte-parole nationale de l’industrie sidérurgique canadienne et de certains des plus importants consommateurs d’acier du pays. Nos 17 membres fournissent des matériaux essentiels à des secteurs comme l’automobile, l’énergie, la construction et le transport, contribuant ainsi à la création d’emplois, à la croissance économique et à la résilience des chaînes d’approvisionnement. Une industrie sidérurgique nationale forte est essentielle à la souveraineté économique du Canada, car elle garantit un accès fiable aux matériaux indispensables pour nos infrastructures, nos industries stratégiques et pour notre résilience nationale.
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