Canada Rolls Out $100M Steel Transport Rebate Program

Transport Minister Steven MacKinnon announced a new initiative to help move Canadian steel between provinces. The Commodities Sectoral Support Program will provide a $100-million rebate for eligible transportation costs, with a 50 per cent discount on expenses. This program aims to strengthen Canada's economy by making interprovincial steel transport more affordable and efficient.

The rebate program targets the commodities sector, which includes steel production and transportation. MacKinnon emphasized that this initiative will help reduce costs for Canadian companies involved in steel transport, thereby improving their competitiveness and contributing to a stronger national economy.