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Ottawa unveils $100M steel shipping rebate program as trade war continues

Click to play video: 'Buy Canadian: Government unveils $100M interprovincial steel trading rebate'
Buy Canadian: Government unveils $100M interprovincial steel trading rebate
Transport Minister Steven MacKinnon was in Hamilton Monday to announce a new $100 million rebate plan to support shipping costs of domestic steel companies. The Commodities Sectoral Support Program will slash interprovincial steel shipping costs in half for the next year, in a bid to assist domestic producers impacted by tariffs – Aug 10, 2026

Ottawa plans to slash costs to send steel between provinces and territories for the next year in a bid to help domestic producers hit hard by tariffs.

Transportation Minister Steven MacKinnon is announcing a $100-million rebate plan today to pay back manufacturers for half the freight costs to send eligible steel products across the country by rail or marine shipping.

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The relief is meant to encourage companies that use steel in their manufacturing processes to turn to domestic suppliers rather than rely on the United States and other foreign suppliers.

Companies can apply for the rebates starting today and the program will run through to next summer or until the funding is entirely paid out.

Only products that are Canadian in origin and have a destination within the country will be eligible for the rebate.

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The federal government hinted in a news release that it’s also looking into similar supports for the forest sector as U.S. tariffs and shifting global trade flows hamper Canadian industries.

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