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Canada's Government to Rebate C$100 Million in Freight Costs for Cross-Country Steel Shipments

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Federal Transportation Minister Steven MacKinnon Monday announced a C$100 million rebate program covering half the freight costs for manufacturers transporting domestic steel products across Canada by rail or sea.

The Canadian government plans to cut interprovincial steel shipping costs over the next year as it seeks to support domestic producers facing US tariff pressures.

"The world is changing," MacKinnon said at a press conference in Hamilton, Ontario, in comments broadcast on the CPAC website.

"Canadians want to buy Canadian products and Canadians want their governments to buy Canadian products. Canadian businesses want to use more Canadian materials and our government wants to support that," added MacKinnon. "Buy Canada."

The new initiative is called the Commodities Sectoral Support Program.

Last fall, Prime Minister Mark Carney announced plans to make it more affordable to transport across the country.

"So, today we are delivering," said MacKinnon.

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