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Unified focus on no longer relying on the United States! Canada invests C$4.7 billion to revitalize the rail transit manufacturing industry September 4, 2026 ![]() The US Department of Commerce announced the imposition of a 50% tariff on Canadian steel and a 25% tariff on aluminum products, effective as of June 15, citing "protection of national security". This marks the most severe trade restrictions since the Trump administration imposed steel and aluminum tariffs in 2018. Data shows that Canada exports approximately C$15 billion worth of steel products to the US annually, accounting for 40% of Canada's total steel production. "This is not an ordinary trade friction, but a direct attack on our economic sovereignty," Ford emphasized at the press conference, displaying the auto parts affected by tariffs. "We will no longer be treated as a dependent country." Ontario, as the heartland of Canadian manufacturing, concentrates 83% of the country's automotive production capacity and 76% of its steel production. Supply chain restructuring: Invest CAD 3.5 billion over the next 5 years to upgrade facilities in old industrial areas such as Hamilton and Sarnia, with the goal of increasing the localization rate of key components from the current 62% to 90%. |
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