Intervention necessary for steel industry’s survival: Joly

News Snapshot:

In the face of trade uncertainty with the U.S., PM Carney has announced new measures to focus on Canada’s steel sector. Lindsay Biscaia has the details. Industry Minister Melanie Joly says government intervention will be necessary for the Canadian steel industry’s survival, as U.S. tariffs continue to threaten it. “Survival, and I think eventually, much more than that, the fact that they can thrive,” Joly said in an interview on the Vassy Kapelos Show across the iHeart Radio network on Thursday. In March, the U.S. placed a 25 per cent tariff on Canadian steel and aluminum, doubling the tariff rate...