New federal program aims to boost domestic market for steel

The federal government has launched a $100 million rebate program for the interprovincial transportation of eligible steel products by rail and marine.The Commodities Sectoral Support Program, launched August 10, will rebate 50 per cent of eligible rail or marine transportation costs for Canadian steel moving between provinces and territories for up to one year, or until funds are exhausted.Transportation Minister Steven MacKinnon announced the new program in Hamilton. “Canadians want to