Here is a look at the steel sector for Canada

1. Steel Sector – April
2020
PAUL YOUNG CPA CGA
JUNE 10, 2020

2. Paul Young - Bio
• CPA, CGA
• Financial Solutions
• SME – Business Process Changes
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
• Academia – Advance Accounting, Public
Finance and Advanced Management
Systems
Contact information:
Paul_Young_CGA@Hotmail.com

3. Agenda
Steel Manufacturing – Canada and USA
Steel Tariffs
Justin Trudeau / Steel
Blog – Steel Sector

4. Introduction
 Steel sector plays vital role in the Canadian
economy. The next government needs to
address issues facing steel along with other
sectors to ensure these sectors are
competitive.
 Steel sector is big sector in provinces like
PQ, ON and SK.
 Trudeau record on goods producing jobs
has been abysmal -
https://www.slideshare.net/paulyoungcga/2
019-election-job-quality-and-employment-
canada-june-2019
 Trudeau record on GDP growth is also not
something he should be bragging about in
terms of success -
https://www.slideshare.net/paulyoungcga/2
019-election-gdp-and-growing-the-
economy-canada-may-2019

5. Steel Manufacturing Sales
STEEL SECTOR HAS NEVER REBOUNDED FROM PRE-2008 RECESSION IN CANADA
CHEAP IMPORTS FROM CHINA HAVE BEEN A BIG ISSUE - HTTPS://GLOBALNEWS.CA/NEWS/4350910/TRADE-TRIBUNAL-STEEL-DUMPING-RULING/
@justintrudeau has been incoherent when it comes to the steel sector!
https://www.jwnenergy.com/article/2019/8/steel-industry-says-hundreds-thousands-canadian-jobs-lost-
ottawas-lng-exemptions/?fbclid=IwAR0KlPE3dtFdUNzCcHaGK1t1POQGAGS-
Txpxu9sHc4q1sZ5fxiSynHNmRmg
@Andrewscheer was part of a govt that promoted many policies that supported Canada as good place to
do business
https://www.slideshare.net/paulyoungcga/2019-election-steel-sector-canada-june-2019

6. Steel Tariffs
Source -
https://www.cbc.ca/news/pol
itics/steel-tariff-pledge-tally-
1.5233292?__vfz=medium%3
Dsharebar

7. Justin Trudeau / Steel
• This was stage event that
included only office workers
and not front-line workers (per
my discussion with steel
worker)

8. Buy Local Steel
 https://windsorstar.com/news/local-news/local-steel-suppllier-angry-after-chinese-
firm-secures-deal-on-canadian-project
 @TerrySheehanMP can you show where you stand up for goods-producing jobs like
the steel sector
 @karen_vecchio
 I do not remember Terry speaking about the loss contract to Windsor firm, right?

1. https://www.slideshare.net/paulyoungcga/scorecard-government-and-economic-
performance-november-2015-to-april-2020


9. Blog – Steel
Sector
"Cargo ships are now undoubtedly
bound for Canada to dump
massive amounts of cheap,
subsidized foreign steel into our
market, threatening workers and
producers across the country," he
said.”
 https://www.newswire.ca/news
-releases/thousands-of-
canadian-steel-jobs-at-risk-as-
trudeau-government-
abandons-key-safeguards-
899540638.html

Would you trust Justin Trudeau stand up for steel
workers when he cannot even grasp flow of steel
between Canada and United States?

10. LNG Plant and Steel
Source - https://www.thepostmillennial.com/absolutely-ludicrous-steel-union-boss-on-liberal-decision-to-drop-
tariffs-on-chinese-steel/
Trudeau picks and choose what jobs that he
stands up for across Canada

11. Blog #2 – Steel
Sector
@justintrudeau has been incoherent when it comes
to the steel sector!
https://www.jwnenergy.com/article/2019/8/steel-
industry-says-hundreds-thousands-canadian-jobs-
lost-ottawas-lng-
exemptions/?fbclid=IwAR0KlPE3dtFdUNzCcHaGK1t1
POQGAGS-Txpxu9sHc4q1sZ5fxiSynHNmRmg
@Andrewscheer was part of a govt that promoted
many policies that supported Canada as good place
to do business

12. Next
government
The next government will need to focus on getting
goods to market. Pipelines are very important to
Canada, especially getting oil to market as well as
supporting the steel sector (tubular, oil rigs, etc)
Steel sector wants a government that will set up
policies to ensure steel is not dumped into Canada
Next government needs to focus both taxes and
regulations to ensure Canada is competitive -
https://www.slideshare.net/paulyoungcga/2019-
election-canada-and-global-competitiveness-may-
2019