Workers are at the heart of Canada's economy. For our economy and for every generation to reach their full potential, Canadian workers need good-paying jobs. We're doing this by making investments that increase productivity, boost innovation, and accelerate the flow of capital into Canada. And we're doing everything we can to protect Canadian workers from unfair competition.
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, alongside the Honourable Randy Boissonnault, Minister of Employment, Workforce Development and Official Languages, and the Honourable Jean-Yves Duclos, Minister of Public Services and Procurement and Quebec Lieutenant, announced further action to protect and create jobs for Canadian workers.
First, the Deputy Prime Minister and Minister of Finance announced that effective today, imports of certain Chinese-made steel and aluminum products are subject to a 25 per cent tariff. These tariffs will help level the playing field to protect Canadian workers whose job security is being put at risk by China's unfair, intentional, and state-directed trade practices of oversupply and overcapacity, as well as its lack of robust environmental and labour standards. Through this action in lockstep with key trading partners, Canada is also preventing trade diversion with these tariffs.
Recognizing that Canadian businesses may need time to adjust, the federal government is prepared to offer tariff relief
