Troubled steel, aluminum sectors show need for balance on climate change action
As Canada makes this low-carbon transition, we need to do it in a way we can afford. What’s happening to Canada’s steel and aluminum producers on the tariff front is a reminder of how delicate a balance we need to strike. We need to find ways to incent industries to reduce their greenhouse gas emissions but in a manner that preserves their international competiveness.
Recent furor over whether American tariffs on steel and aluminum imports would apply to Canadian products illustrated perfectly the vulnerability of some segments of the economy to wild fluctuations in international trade.
But as steel and aluminum producers contend with the daily challenges of doi...
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