Steel companies in Ontario are concerned about the potential for tariffs to affect their industry.
The Ontario Steel Association says it’s the second-largest steel export market in the world.
It says the province has the largest steel industry in Canada and it could impact production.
Steelworkers say tariffs could be a threat to the industry.
(CBC News)The Ontario Steel Alliance says the steel industry has invested billions of dollars to develop and expand its operations in Canada.
It’s been in business for 70 years.
The industry is in a tough spot right now, the alliance says.
“If the steel is not protected by the tariffs, the industry is going to have a hard time keeping up with the demand.”
Steel industry has also raised concerns about what would happen if the tariffs weren’t in place.
“The fact that the government is looking to impose tariffs on steel imports and exports, it’s a very serious issue,” says Paul Ostermann, a professor at the University of Toronto’s School of Industrial and Organizational Psychology.
“We have to make sure that we don’t let it happen.
The reality is the world needs steel, we have to take advantage of that.”
Steel companies are currently lobbying the Ontario government to get rid of the tariffs.
They say that would put them at a competitive disadvantage.
The alliance says a ban on steel exports would hurt the industry, and also hurt the provincial government.