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.

1. 2019 Election – Steel Sector –
Canada – June 2019
PAUL YOUNG CPA CGA
AUGUST 3, 2019

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. 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.

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

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/

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. 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?

9. 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