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Canada Backs 99 Steel Businesses with $63.9M

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Canada Backs 99 Steel Businesses with $63.9M

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Canada Backs 99 Steel Businesses with $63.9M

Canada News Today | 2 Min News | The Daily News Now!

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Canada News Today | 2 Min News | The Daily News Now!Canada Backs 99 Steel Businesses with $63.9M. Machine-transcribed; use the interactive transcript above to jump the player to any line.

It's April 7th. I'm Cory with the story. This is Canada News Today, driven by AI. Canada's government just dropped $63.9 million to back 99 steel businesses and Quebec hammered by U.S. tariffs. Industry Minister Melanie Jolie made the announcement Tuesday in Repentini, rolling out non-repable cash through the federal regional tariff. Response initiative. These small and medium outfits are getting between $105,000 and $1,170,000 each to tackle sales. Hurtles and stay in the game. Long term. Twenty-four of them scored at least one million bucks, with 14 based the Montreal and others spread across LaValle, Monterey, the Laurentians. And Shaudea Abalacias. Ottawa figures this injection will spark 1,100 new jobs, province-wide, giving these firms a real shot to bounce back strong.

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