Canadian Steel Producers Association Welcomes Budget 2016 Commitment to Strengthening Canada's Response to Unfair Trade

OTTAWA, March 23, 2016 /CNW/ - The Canadian Steel Producers Association (CSPA) welcomes the Government of Canada's Budget 2016 commitment to taking steps, including through specific legislative amendments, to improve its ability to effectively remedy dumped and subsidized imports. In light of the increased frequency of market distorting trade in Canada, the CSPA views comprehensive and timely modernization of Canada's trade remedy system as critical to ensure our member companies and their employees are able to compete fairly in the global market. We are encouraged in that regard by the Government's renewed commitment to address unfairly traded goods entering the Canadian market.

The CSPA also welcomes the Government's additional commitment to consult stakeholders in order to ensure that Canada's trade remedy system offers Canadian businesses the ability to respond to changing global trade conditions. We look forward to working collaboratively with the Government to ensure Canada's trade remedies work as efficiently and fairly as possible, meeting their stated goal to protect and grow Canada's middle class.

Additionally, the CSPA welcomes the Government of Canada's historic $120 billion ten-year infrastructure commitment. Our members look forward to the ability to contribute to the greatly needed modernization and rehabilitation of Canada's public infrastructure. The CSPA shares the Government's view of long-term infrastructure investment as an opportunity to make meaningful contribution's to national economic growth. We believe Canada's steel producers will play a substantial role in supplying critical inputs required by projects associated with infrastructure challenges of national significance.

About CSPA:

The Canadian Steel Producers Association (CSPA) is the national voice of Canada's $14 billion primary steel production industry. Canadian steel producers are integral to the automotive, energy, construction, and other demanding industrial supply chains. CSPA seeks to work with governments and industry partners to advance public policies that enable a globally competitive business environment for its member companies and supply-chain stakeholders.

SOURCE Canadian Steel Producers Association

Media Contact: Joseph Galimberti, President, Canadian Steel Producers Association, 613-238-6049