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Ottawa talking to Canadian metals giant Rio Tinto about cash flow help amid U.S. tariffs
Industry Minister Mélanie Joly says the federal government is talking to mining and metals giant Rio Tinto about helping the company with cash flow problems caused by the United States’ global steel and aluminum tariffs. During a visit to Saguenay, Que., on Thursday to meet with businesses in the province’s critical aluminum sector, Joly told reporters Ottawa had started talks with the firm earlier this week. U.S. President Donald Trump last month doubled his administration’s global tariffs on steel and aluminum to 50 per cent. Prime Minster Mark Carney said Canada will deliver its response to that latest ... (full story)