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

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'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...