Ottawa gives billion-dollar lifeline to steel and aluminum sectors as Trump tightens tariffs

From cbc.ca

The federal government announced on Monday another package to prop up the hard-hit steel, aluminum and copper sectors after U.S. President Donald Trump tightened his tariff regime to apply to more products, hammering Canadian industry. At a plant in Vars, a rural community on the edge of Ottawa, Industry Minister Melanie Joly said the government will establish a $1-billion loan program through the Business Development Bank of Canada (BDC) so companies most affected by the Trump scheme can get the money they need to stay in business. That cash will be available on "favourable terms" for at least the next three ... (full story)