Canadian steel suppliers push for more protectionist approach to EV battery strategy


Source: theglobeandmail.com theglobeandmail.com

Key Topics in this News Article:

News Snapshot:

Open this photo in gallery: Workers continue vehicle assembly at the Honda of Canada Manufacturing Plant 2 in Alliston, Ont., on April 25, where it was announced that Japanese automaker Honda will make the largest automotive investment in Canada's history, worth $15-billion.PETER POWER/Getty Images The federal and Ontario governments are facing new complaints that they are not doing enough to ensure that Canadians financially benefit from a wave of subsidized battery factories and other projects to build an electric-vehicle supply chain. The latest warning comes from the domestic steel sector, particularly steel fabricators, who shape the metal into construction-ready products....