Second year of tariffs squeezes Canadian industry and puts jobs at risk from steel to kitchen manufacturing
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Trade pressure on Canada is entering a harsher phase as U.S. tariffs on key sectors stretch into a second year, forcing Canadian companies to cut production and rethink operations under the weight of rising costs and softer demand.
In Sault Ste. Marie, Algoma Steel has moved to reduce output and cut jobs, while industry estimates suggest some plants are now operating at roughly 50 per cent of capacity, especially in steel and lumber-related sectors.
The fallout is no longer limited to heavy industry. It is also reaching sectors closer to everyday consumers, including kitchen manufacturing and furniture, as higher costs erode competitiveness in the U.S. market.
While a large share of Canadian exports still enters the United States duty-free under the Canada-U.S.-Mexico Agreement, directly targeted sectors are facing growing losses, pushing companies to freeze expansion plans and delay investment.
That is increasing pressure on Ottawa, amid rising concern that the trade dispute could evolve from a tariff fight into a broader jobs crisis affecting entire industrial communities.
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Tahani Elghazaly5252 Posts
