Canada and Ontario Unveil 9B Steel and Auto Aid

Canada and Ontario announced a 9 billion dollar support package to help steel and auto sectors navigate US tariffs. The funding will upgrade mills and boost electric vehicle production.

FILE PHOTO: Smoke exits the Stelco Hamilton Works steel mill, owned by Cleveland-Cliffs, in Hamilton, Ontario, Canada, August 24, 2026.

Canada and the province of Ontario unveiled a C$9 billion ($6.4 billion) support package on Wednesday morning to shield domestic steel and auto sectors from tariffs imposed by the United States.

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