
Industry Minister Mélanie Joly is indicating that a crackdown on dumping of cheap foreign steel into Canada is coming soon– a move that will help cushion the blow for Canada’s big three steel producers that are grappling with U.S President Donald’s Trump’s 50-per-cent tariffs.
Algoma Steel Group Inc. chief executive Michael Garcia has argued on multiple occasions that mills from China, South Korea, Malaysia, India, Vietnam, the Middle East and Turkey regularly dump steel into Canada and make it nearly impossible for the company to compete in its home market. In meetings with federal politicians over the past few few days, he’s pleaded for Canada to immediately place tariffs on all of these countries.








The Organisation for Economic Co-operation and Development (OECD) has updated its forecast for the second time this year, predicting global gross domestic product will decrease from 3.3 percent in 2024 to 2.9 percent this year and in 2026, assuming that the tariff rates imposed by U.S. President Donald Trump are upheld despite legal 



