Metals
9 people killed in fiery blast at central India steel plant
Explosion was sparked by a fire in a gas pipeline in a coke oven battery complex during scheduled maintenance.
Canadian decision within weeks on steel safeguards: Bains
Government is looking at feedback from recent consultations on how to protect the industry from the risk of cheap steel imports.
Canada’s economy surges in second quarter on higher exports: StatCan
Economy rocketed to an annualized pace of 2.9 per cent in the period from April 1 through June 30.
Statistics Canada says retail sales fell 0.2 per cent to $50.7B in June
Economists had expected an increase of 0.1 per cent in June.
-
Feds to launch talks on safeguards to keep steel from flooding into Canada
Consultation period on safeguards will last for 15 days, decision will follow in a few weeks.
US firms seeking Trump’s steel tariff waiver face a backlash
Companies risk being forced out of business if not excused from the 25% tariff.
Canada’s wholesale sales rise 1.2% in May: Statistics Canada
Construction materials show strength, automotive and supplies fall.
US lawmakers rip Trump tariffs enacted in name of national security
Companies are feeling the fallout of higher metals prices and trade retaliation.
-
US steel tariffs prompt ADF to impose work sharing at Quebec plant
Employees at its Terrebonne plant have seen their working hours cut 40% to 60%.
Quebec offers $100M to smaller processors affected by US aluminum, steel tariffs
US customers have already warned they’ll not pay the extra bill from the surtax.
-
Trudeau, Macron brace for Trump ahead of G7 with meeting in Ottawa
The two talked strategy on how to handle the unpredictable US prez.
Scheer rejects one-on-one trade talks with US as long as NAFTA can be saved
Conservative Opposition leader expresses support, but says Trudeau can do more on trade file.
Statistics Canada says trade deficit narrowed to $1.9B in April
Canadian exporters in for a rough ride, says TD.
Ottawa studying impact of steel, aluminum tariffs before supporting industry
Feds say they will work with provinces on issue.
Trump, dairy farmers broaden attacks on Liberals as speedy metal tariffs urged
PM wants 30-day consultation period before enacting $16.6-billion tariff package.
