Canada needs a steel strategy

[...]Canadian steel mills are close to iron ore mines and to North America's steel consumers. Ottawa's lack of response to U.S. Steel is not only deeply disappointing to Hamilton steelworkers; it sets a terrible precedent for other foreign-owned enterprises in Canada. Since foreign investo...

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Bibliographic Details
Published inNational post (Toronto)
Main Authors Warren, Marty, Gerard, Leo W
Format Newspaper Article
LanguageEnglish
Published Don Mills, Ont Postmedia Network Inc 06.11.2013
Subjects
Canadian history
Industrial policy
International trade
Investment Canada Act
Iron compounds
Recessions
Steel industry
Steel production
Subsidies
Canada
China
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Summary:[...]Canadian steel mills are close to iron ore mines and to North America's steel consumers. Ottawa's lack of response to U.S. Steel is not only deeply disappointing to Hamilton steelworkers; it sets a terrible precedent for other foreign-owned enterprises in Canada. Since foreign investors recently took over every Canadian steel mill under the Investment Canada Act, the federal government's willingness to enforce this legislation is crucial to the industry's future.
ISSN:1486-8008