Budget 2017 makes important changes to improve our local and national Canadian steel industry. Since being elected in 2015, MP Terry Sheehan has ensured that strengthening the Canadian steel industry remains a priority for the federal government. Sheehan is co-chair of the all-party Parliamentary Steel Caucus, member of Standing Committee on Industry, Science, and Technology, and is a vocal advocate for steel during the Standing Committee on International Trade’s study of the industry.
“I would like to thank the Prime Minister, the Minister of Finance, the Minister of International Trade, and other key stakeholders for meeting with me on several occasions to discuss the priorities of the Canadian steel industry. The Government’s support will ensure the Canadian steel industry competes on a level playing field with foreign exporters, which is great news for the Riding of Sault Ste. Marie,” said Sheehan.
A modern and effective trade remedy system is an important part of the Government’s commitment to protect Canadian jobs and investment, which is integral to supporting economic opportunities for the middle class and those working hard to join it.
Building on the measures in Budget 2016, the Government held public consultations on ways to enhance the trade remedy system. In response, Budget 2017 makes changes to Canada’s trade remedy system that improves enforcement and transparency.
· Particular market situation: The Government is acting on a key ask of the steel industry- new tools to address price distortions, to provide more effective protection from dumped goods.
· Anti-circumvention: The Government is providing new tools to deal with circumvention of trade remedy duties (e.g. where exporters try to avoid duties)
· Scope rulings: Domestic producers will now have a say in whether a particular products is subject to trade remedy duties, to ensure proper enforcement and application of duties.
· Union participation: Unions will be able to participate in trade remedy investigations- so they can make their views known when unfair trade practices affect jobs in Canada.
“We would like to thank the many parliamentarians involved in bringing forward this trade remedy policy, including Sault Ste. Marie MP Sheehan and the Ministers he helped engage like for Finance, Industry Science and Economic Development, International Trade, Foreign Affairs, Public Safety and Natural Resources,” said David McHattie, VP Institutional Relations, Tenaris Canada.
“This issue of fair trade has been an overarching concern for our members and our mill. We hope this continued support from the Liberal government assists to one-day totally secure the Canadian market for the domestic manufacturers, and make trade remedies permanent. We thank our MP, Mr. Terry Sheehan for his great work representing our interests, and PM Trudeau and his government for making the working class a priority in this budget. We hope to see further changes that will continue to put Canadian workers first,” said Cody Alexander, President, USW LOCAL 9548.