The Canadian government, led by Prime Minister Mark Carney, announced new policies on November 26, 2025, to support the struggling steel and lumber industries amid U.S. tariffs. The measures aim to increase domestic steel demand, facilitate construction with Canadian materials, and protect workers through funding and training programs. Industry leaders, including Ron Bédard of ArcelorMittal Dofasco, expressed support for these initiatives, which mark a shift toward protectionist trade policies. The total cost of these measures is estimated at $146 million.
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