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Reading: Ottawa Announces 50 Percent Surcharge on Some Steel Imports to Support Industry
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CanadaCanadian PoliticsFeatured Canadian NewsTop Canadian NewsWorld News

Ottawa Announces 50 Percent Surcharge on Some Steel Imports to Support Industry

Matthew Horwood
Last updated: June 30, 2025 9:45 pm
Matthew Horwood
3 months ago
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ottawa-announces-50-percent-surcharge-on-some-steel-imports-to-support-industry
Ottawa Announces 50 Percent Surcharge on Some Steel Imports to Support Industry
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Ottawa Announces 50 Percent Surcharge on Some Steel Imports to Support Industry

A worker inspects a steel coil on the factory floor before Prime Minister Mark Carney visits the ArcelorMittal Dofasco steel mill in Hamilton, Ont., on March 12, 2025. Carlos Osorio/Reuters

Ottawa has announced new steel quotas to bolster the industry in response to U.S. tariffs, imposing a 50 percent surtax on steel imports exceeding 2024 levels from countries with which Canada does not have a free trade agreement.

“Our government has a mandate to build one Canadian economy—the strongest in the G7. That means standing up for our industries and workers and defending them from the harmful impacts of unjust U.S. tariffs,” Finance Minister François-Philippe Champagne said in a June 27 press release.

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