An Ontario manufacturer that makes casing connections for pipes used in U.S. energy infrastructure is getting welcome relief after Ottawa granted indefinite remission from its 25 per cent counter-tariffs for many more steel mill products not made in Canada. (The Logic)
Talking point: As The Logic reported last month, James White, CEO of Wellmaster in Tillsonburg, Ont., said there were counter-tariffs on the steel goods he gets from the U.S., even though the federal government had already tacitly agreed they are not available domestically. That is why they are not subject to import caps if sourced overseas. Marie-France Faucher, a spokesperson at the Department of Finance, said the newly expanded scope of remissions is “broadly similar” to what firms can freely import from elsewhere. “I think this is where Canada is starting to realize that this isn’t a short-term thing,” White told The Logic Monday in response to the changes, adding that some challenges in the sector are due to “Canada’s own policies.”
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