Canada
November 5, 2025
Canadian Steel Producers Association cheers federal budget safeguards for steel
Written by Ethan Bernard
The Canadian Steel Producers Association (CSPA) applauded the approval of the Canadian federal budget. It includes several measures aiding their domestic steel industry.
CSPA President and CEO Catherine Cobden highlighted the new policy of Prioritizing Canadian Materials in Federal Procurement. She said it creates opportunity for the domestic steel sector in the medium to longer term.
The action prioritizes the use of Canadian steel in federally funded projects. CSPA is urging “all levels of government across the country to adopt similar policies,” Cobden said in a statement on Wednesday.
Further action needed
Cobden praised the government’s action to support tariff-impacted industries like steel. Still, she stressed more needs to be done.
“We remain steadfast in our need to urgently recapture our domestic steel market share to 80% – 85% in line with our key trading partners of the United States and the European Union,” she said.
For this, she added, Canada requires additional measures at “our border.”
The current Canada Budget 2025 strengthens “Buy Canadian” procurement, tightens tariff-rate quotas (TRQs), and provides targeted loans and tax credits to support steel and related industries. A link to the full budget can be found here.
“We look forward to continuing to work with the government on moving these critical steps forward as quickly as possible,” Cobden concluded.
