Canada provides over $8.1 million to support Saskatchewan steel industry

Friday, 22 May 2026 11:25:29 (GMT+3)   |   Istanbul

The Canadian government has announced over $8.1 million in funding to support trade and steel manufacturing capacity in Saskatchewan amid global trade disruptions and tariff pressures.

The funding, provided through the Regional Tariff Response Initiative, includes $5.1 million for Saskatchewan Trade & Export Partnership, which helps businesses expand domestic trade and diversify international markets.

In addition, steel manufacturers DynaIndustrial GP Inc., Dutch Industries Ltd. and Hi-Tec Profiles Inc., all based in or around Regina, Saskatchewan, will each receive $1 million to increase manufacturing capacity, improve productivity and diversify export markets.

The funding will be provided on a non-repayable basis as tariff relief.


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