The industry mostly produces metal for U.S. automakers, but needs to become “much more resilient” to disruptions across the border, Industry Minister Mélanie Joly said at a cabinet retreat in Toronto on Thursday. She said the Liberal government will “help them pivot” to making steel for home building, ports, rail lines and defence equipment. (The Logic)

Talking point: Canadian steel has been a major and repeated target of the Trump administration’s tariffs. Ottawa has provided hundreds of millions of dollars in financing to producers like ArcelorMittal Dofasco and Algoma Steel to modernize their facilities. Those overhauls typically focused on reducing emissions to meet anticipated demand for greener steel. But the facilities may need further retooling to produce different products for new markets, as the new Liberal government ramps up defence spending. “We can’t think that Canada can have a strong national security if we don’t have steel made in Canada,” Joly said.