Ottawa Launches $100M Fund for Domestic Steel Shipment Freight Rebates

Ottawa has introduced a $100 million program to decrease the cost of shipping steel domestically over the next year. This initiative, called the Commodities Sectoral Support Program, will reimburse manufacturers for 50 percent of freight expenses for eligible Canadian-made steel products transported by rail or ship. The program is a direct response to U.S. tariffs imposed on the industry.

• Ottawa announced a $100 million program to reduce steel shipping costs within Canada.
• The program aims to support domestic producers impacted by U.S. tariffs.
• Manufacturers will be reimbursed for 50 percent of freight expenses for transporting eligible Canadian-made steel products.
• Rebates apply to shipments via rail or ship between provinces and territories.
• The program is called the Commodities Sectoral Support Program and was launched on August 10.
• Transportation Minister Steven MacKinnon described the U.S. tariffs as “extremely unfair, unjustified.”
• Standard steel mill products face tariffs of up to 50 percent from the U.S.