Morneau continues trade action on 2 foreign steel products, drops it for 5 others

Morneau continues trade action on 2 foreign steel products, drops it for 5 others

Only two kinds of foreign steel imports, heavy plate and stainless steel wire, will continue to face trade remedies to protect Canada’s steel industry, Finance Minister Bill Morneau announced Friday. His decision on final safeguards follows the advice of the Canadian International Trade Tribunal, which earlier this month found no justification to continue a surtax on five other […]

Feds likely to hold on to pipeline past 2019 election, says Morneau

Feds likely to hold on to pipeline past 2019 election, says Morneau

The federal government is likely to own the Trans Mountain pipeline until the political risks facing the project are safely past — certainly until after the coming election, Finance Minister Bill Morneau told CBC News. Meanwhile, Indigenous groups in Canada say they are serious about buying the pipeline and they want Ottawa to start getting serious about it […]

Federal government’s tariff relief plan faces criticism; Morneau says 50 firms tariff-free

Federal government’s tariff relief plan faces criticism; Morneau says 50 firms tariff-free

The federal government has so far exempted 50 Canadian companies from surtaxes imposed last summer when Ottawa slapped retaliatory tariffs on U.S. steel and aluminum imports, Finance Minister Bill Morneau said Tuesday as he faced pointed questions about his relief plan from political opponents. Morneau provided the figure before a parliamentary committee, where opposition MPs […]