Latest news with #Joly
Cision Canada
a day ago
- Business
- Cision Canada
Minister Joly travels to France to support innovative Canadian industries
PARIS, /CNW/ - The Honourable Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions, led Canada's presence at the 55th International Paris Air Show. Minister Joly showcased Canada's highly innovative aerospace sector and promoted the country as a top destination for global aerospace investment—at a time when Canada is seeking to help build trusted, reliable partnerships that support its companies and workers. Minister Joly met with CEOs of Canadian and global aerospace businesses as well as with key provincial partners, including François Legault, Premier of Quebec; Christine Fréchette, Quebec Minister of Economy, Innovation and Energy; and the Honourable Victor Fedeli, Ontario Minister of Economic Development, Job Creation and Trade. During the visit, Minister Joly underscored Canada's world-class aerospace sector, with its strong workforce and cutting-edge innovation, and highlighted that the government is committed to making major investments in the economy and supporting Canada's defence sector. These investments will generate jobs and opportunities throughout Canada's industrial base, strengthen domestic capabilities, and diversity Canada's international partnerships. She also advocated for workers across other Canadian industries, including steel and aluminum, which are well positioned to be better integrated into global aerospace supply chains. A highlight of the visit was LOT Polish Airlines' announcement of its intention to purchase up to 84 Canadian-built Airbus A220 aircraft, made in Mirabel, Quebec. This is a major win for Canadian workers. The deal will create many high-paying jobs and highlights Canada's desire for deeper industrial and commercial ties with Europe at a time when cooperation with reliable partners is more important than ever. Minister Joly welcomed France's announcement of its purchase of new GlobalEye aircraft from Saab, which uses Bombardier's Canadian-designed, -developed and -built Global 6500 platform. In addition, Minister Joly welcomed the announcement of $87.4 million for the latest projects from the Initiative for Sustainable Aviation Technology (INSAT), a pan-Canadian, industry-led network focused on accelerating sustainable innovation in aviation. Prior to the Paris Air Show, Minister Joly represented Canada at VivaTech 2025, Europe's largest startup and tech event. Canada was Country of the Year at the event, and its participation was a celebration of our leadership in AI and new technologies that the world needs. Quotes "Canada is open for business. Our aerospace companies and workers help lead the world, and international partners want to invest. Canada is one of the few countries in the world that has everything needed to develop and manufacture modern aircraft. Building the strongest economy in the G7 means supporting our leading industries, forging new trade partnerships and showing Canadian leadership at home and around the world." – The Honourable Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions Quick facts Canada is one of the top suppliers of aircraft technology, and Canadian-made aerospace parts are used on almost every passenger aircraft in the world. The International Paris Air Show is a global showcase for the aerospace industry that attracts over 2,500 exhibitors from 48 countries. Associated links Stay connected Find more services and information on the Innovation, Science and Economic Development Canada website. SOURCE Innovation, Science and Economic Development Canada
Hamilton Spectator
a day ago
- Business
- Hamilton Spectator
Joly promises quick decision on help for steel, aluminum industries rocked by tariffs
OTTAWA - Industry Minister Mélanie Joly said Thursday U.S. tariffs have left Canada's steel and aluminum industries in a state of emergency and promised the federal government will 'take a decision very quickly' on how it can help. Joly said she was in contact with CEOs in both sectors Thursday morning and over the weekend. 'We know that the Canadian steel and aluminum workers are very anxious and they want us to come up with a solution really, really quickly,' she said. Her comments came as the heads of the Canadian Steel Producers Association and the United Steelworkers were visiting Parliament Hill and calling for urgent action from the federal government. The groups were set to hold a press conference later on Thursday afternoon. Prime Minister Mark Carney is also scheduled to hold a press conference Thursday, along with Joly, U.S.-Canada Relations Minister Dominic LeBlanc and Finance Minister François-Philippe Champagne. U.S. President Donald Trump imposed a 25 per cent tariff on all steel and aluminum imports in March. On June 3, Trump doubled the tariffs to 50 per cent — a move that industry analysts say threatens to cripple Canada's steel industry. The United Steelworkers Union, which represents 225,000 members in Canada, said in a press release that the 50 per cent tariff would completely shut Canada out of the U.S. market. It said Canada should end exemptions that allow U.S. steel to enter Canada without tariffs. The union called on Ottawa to strengthen domestic demand in the longer term and to impose targeted countermeasures to protect the Canadian market from offshore steel. This report by The Canadian Press was first published June 19, 2025.
Toronto Sun
a day ago
- Business
- Toronto Sun
Joly promises quick decision on help for steel, aluminum industries rocked by tariffs
Published Jun 19, 2025 • 1 minute read OTTAWA — Industry Minister Melanie Joly says Canada's steel and aluminum industries are in a state of emergency due to U.S. tariffs and the federal government will 'take a decision very quickly' on how it can help. Joly says she was in contact with CEOs in both sectors this morning and she understands workers are anxious. Her comments come as the heads of the Canadian Steel Producers Association and the United Steel Workers are visiting Parliament Hill. The groups are set to hold a press conference later this afternoon. U.S. President Donald Trump imposed a 25 per cent tariff on all steel and aluminum imports back in March. On June 3, Trump doubled the tariffs to 50 per cent in a move that industry analysts say threatens to cripple Canada's steel industry. Read More This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account NHL Basketball Canada Editorial Cartoons NHL
Calgary Herald
12-06-2025
- Business
- Calgary Herald
Canada eyes further moves to counter foreign steel dumping
Article content Industry Minister Melanie Joly said the government will soon announce measures to clamp down on steel dumping from foreign countries and help domestic manufacturers hit by punishing U.S. tariffs. Article content 'We cannot accept any form of unfair practices from different countries when it comes to our Canadian market. That's enough,' she told reporters in Montreal on Wednesday. 'We'll make sure to take strong measures to protect our market.' Article content Article content Canada already implemented 25 per cent levies on Chinese steel and aluminum products last year, aiming to bring its trade policy closer to the U.S. and shelter domestic producers from lower-cost products made in Asia's largest economy. Article content Article content Joly did not directly answer when asked whether new measures would target China specifically, or whether Canada was considering raising its tariffs on Chinese steel and aluminum to 50 per cent to match those of U.S. President Donald Trump 's administration. Article content 'We are in conversation as we speak with the steel CEOs and also with the labour movement,' Joly said, adding that Prime Minister Mark Carney 's government is looking at the 'most effective' measures while avoiding 'starting another trade war.' Article content China has imposed a 100 per cent tariff on Canadian canola, along with a smaller duty on pork and seafood imports, in response to Canada's tariffs, which also include levies on Chinese electric vehicles. Article content Article content Article content The industry minister also said her government is looking into how to help producers impacted by the U.S. tariffs on Canadian steel and aluminum. Article content 'We will make sure that Canadian steel and aluminum is bought through our major infrastructure projects,' she said. 'This is something that the industry and also people in the labor sector have been asking for years.' Article content Carney has so far held back on further retaliatory measures since Trump hiked tariffs on foreign-produced metals from 25 per cent to 50 per cent last week. The Canadian prime minister has said officials are in 'intensive' talks with the U.S. about the trade relationship.
Winnipeg Free Press
11-06-2025
- Business
- Winnipeg Free Press
All regions will get ‘fair share' of defence windfall: industry minister
MONTREAL – Industry Minister Mélanie Joly says the massive funding announced this week for Canada's defence industry will filter down to all regions of the country, as the federal government looks to jump-start domestic and overseas trade and reduce reliance on the United States. At a speech to Montreal's chamber of commerce Wednesday, Joly said the provinces are not in competition for the $9.3 billion in additional spending to be allocated by March 31, but rather in co-operation. The minister says the windfall will benefit companies beyond the military realm, trickling through the supply chain and across sectors ranging from aerospace and manufacturing to critical minerals and artificial intelligence. On top of meeting NATO's target of two per cent of GDP, the defence expenditures aim to reduce Canada's dependence on the United States and pave the way for stronger ties to Europe and 'certain countries in Asia' and the Persian Gulf. The emphasis on greater self-reliance and trade diversification comes as Canada grapples with an increasingly unpredictable southern neighbour whose president has threatened to make Canadians denizens of a '51st state,' on top of a months-long trade war. Joly says recent U.S. tariffs including the 50 per cent duties on steel and aluminum imports imposed by President Donald Trump are 'completely illegal.' As a result, Canadian defence projects will prioritize domestic metal, she said — though Joly did not specify how the government would enforce any Canadian content rules. Her remarks come a day after a U.S. federal appeals court agreed that Trump's sweeping global tariffs will remain in place while a case is heard. 'We are too dependent on the United States,' Joly said. To build a more independent defence sector, companies from coast to coast can expect to see their 'fair share' of the tens of billions of dollars in spending now budgeted by the Department of National Defence this fiscal year, she said, stressing the ripple effects for the broader economy as well. 'There's enough investment for everyone to benefit. And when we think of military investment, we shouldn't think that it's purely military,' she said. Monday Mornings The latest local business news and a lookahead to the coming week. 'Canada is not for sale, but we're open for business.' Joly is eager to foster growth not just in the economy, but in the academy. The minister highlighted a 'golden opportunity' to poach researchers from the United States, with several prominent academics already having left the country due partly to the political climate. 'My goal is to seek out 1,000 researchers from the United States to bring them to Canada,' she said. This report by The Canadian Press was first published June 11, 2025.
