Federal plan will 'safeguard' Canada’s steel industry: Shoemaker

‘It's important to recognize that the Canadian steel industry is economically viable - its current strain stems from an irrational shift in U.S. trade policy,’ said Mayor Matthew Shoemaker As the steel industry faces "unpredictable and unwarranted uncertainty," Mayor Matthew Shoemaker is encouraged by the federal government's recent steps to protect Algoma Steel and Canada’s other steel plants. On Wednesday, federal officials announced a three-part plan to bolster the steel industry as it contends with 50-per-cent tariffs from U.S. President Donald Trump. "The measures announced by the Government of Canada represent a solid step in providing the necessary support for…