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Joly expects Canadian aluminum sector to receive 'hundreds of millions' in tariff relief
Industry Minister Mélanie Joly says Quebec's aluminum sector is likely to receive "hundreds of millions of dollars" from a $5 billion fund to help sectors slammed by U.S. tariffs. Nearly all of Canada's aluminum is produced in Quebec. Joly said Monday the federal government hasn't determined yet exactly how the tariff support fund will be divided. "The Quebec aluminum sector will get its fair share. And we believe that with the projects that are being discussed right now with Alcoa, with Rio Tinto and with Alouette, it's hundreds of millions of dollars," Joly told a press conference in Montreal on Monday. ... (full story)
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- Sep 8, 2025 1:46pm Posted byFundamental Analysis190
