Ontario steel exec urges tighter import rules, pushes “Buy Canadian”
AI Article Summary
Barry Zekelman, CEO of Zekelman Industries, has urged the Canadian government to implement stricter rules on steel imports. He claims that 'unfairly traded' steel is affecting the domestic market adversely. Zekelman encourages backing domestic products through a 'Buy Canadian' initiative. His plea highlights concerns over 'illegal' steel imports impacting local manufacturers.
What This Means for Canadian Contractors
This development shows how Canadian steel manufacturers are seeking more support from federal policies to protect against foreign competition. For Canadian builders, this means potential impacts on steel supply and pricing. Increased support for local products could stabilize the market but might also lead to higher costs due to limited international competition.