
‘It's been good for us': Canadian steel supplier says tariffs have increased their business
'Our specialty really is pre-engineered metal buildings,' says Robb Cusack, Canadian Metal Buildings Atlantic Canada sales manager.
He says they supply and work with conventional steel as well as pre-engineered metal buildings.
'Which are anything really from a house, barndominium, all the way up to a complete industrial building,' adds Cusack.
When heavy U.S tariffs were placed on steel, they were worried about the impact it would have on their business.
'There is always that uncertainty, how is this going to affect us? I mean I think steel prices go up; they go down a little bit, it's like every commodity. But at the end of the day, if you are going to support and build in Canada you might as well use Canadian-made products,' says Cusack.
But to this company's surprise, their sales actually went up and business is doing well.
'It's been good for us. I mean I think uncertainty generally is what nobody wants, so our business is actually pretty stable because of the tariffs. In fact, we have seen an increase, an uptick in builders wanting to use our Canadian metal buildings,' explains Cusack.
Cusack says Canada is loaded with resources and steel is just one of those.
'Whether it's made in the U.S., processed in the U.S., and then shipped back to us, it really doesn't make sense – why wouldn't you just buy it from Canada and Canadian suppliers to begin with," says Cusack.
Others have a similar mindset, which Cusack says has been the reason for the increase in business.
'Financial benefit I guess is increased business rights and that's great for our industry as well, not just the company but the Canadian steel industry,' says Cusack.
While some Canadian companies are gaining more customers as a result of the tariff battle, the Canadian Institute of Steel Construction says not all are.
In a statement from the Canadian Institute of Steel Construction, president and CEO Keanin Loomis explains the tariffs on steel products will be harmful to the industry.
'President Trump's actions to escalate his unnecessary trade war by doubling steel and aluminum tariffs to 50 per cent all but cut off the Canada – U.S. supply chain of steel products. Losing the American market will immediately harm steel fabricators, producers, and steel construction and manufacturing on both sides of the border. Tens of thousands of North American jobs are at stake over the weeks ahead if no action is taken,' says Loomis.
Loomis urges the federal government to take action to protect the industry.
'We need action now to protect jobs while helping Canada's steel businesses survive this attack. Long-term solutions are needed, but if large swathes of the industry cannot survive the latest broadside, future actions will be in vain,' said Loomis.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


CBC
a minute ago
- CBC
What to expect ahead of Canada, Mexico trade talks
Canada's foreign affairs and finance ministers will be in Mexico City this week to strengthen economic ties with government officials. José Díaz-Briseño, a correspondent for Reforma, says he predicts parties will engage in general dialogue about trade issues, including diversification and addressing 'irritants' to the Canadian-Mexican relationship.


CTV News
an hour ago
- CTV News
Two of Canada's most senior ministers head to Mexico to discuss trade
The flags of Mexico and Canada fly near the Ambassador Bridge, Monday, Feb. 3, 2025, in Detroit. (AP Photo/Paul Sancya) Two of Canada's most senior cabinet ministers will be in Mexico City this week holding bilateral meetings with government officials and the Mexican president, as Canada looks to improve its trading partnerships outside the United States. Senior government officials confirmed to CTV News that the meeting, which will involve Finance Minister Francois-Philippe Champagne and Foreign Affairs Minister Anita Anand, will take place Tuesday and Wednesday. The talks are expected to cover trade and the larger relationship between the two countries. That relationship suffered in the past year, when Ontario Premier Doug Ford called on Canada to seek a unilateral trade deal with the United States – without Mexico – and accused the country of undercutting North American manufacturers. Canadian business leaders say the upcoming talks show an effort to strengthen ties at a time when both countries are facing volatility from the United States. 'When we talk to Mexico, when we talk to their embassies in Canada, they are very eager to reset the relationship,' Catherine Fortin-LeFaivre, senior vice-president of International Policy and Global Partnerships at the Canadian Chamber of Commerce, said Sunday. While Canada faces new blanket 35 per cent tariffs on Canadian goods that aren't covered under the Canada-United States-Mexico Agreement, Mexico received a 90-day extension to continue trade talks with the U.S. before it sees blanket tariffs increase from 25 per cent to 35 per cent. Last month, Prime Minister Mark Carney and Mexican President Claudia Sheinbaum spoke over the phone, with the two leaders agreeing to improve trade collaboration between the two nations. Carlo Dade, director of international policy at the University of Calgary's School of Public Police, said Canada having open dialogue and strong ties with Mexico is 'a good sign.' 'If we weren't talking to Mexico, there would be reason to be concerned and worried,' Dade told CTV News. He added that Canada hasn't taken advantage of being in close proximity to a country like Mexico that has a higher per-capita GDP than China. 'The infrastructure is there, we have CPKC - Canada-Pacific Kansas City Railroad - so there's (an) integrated North American railroad,' Dade said. 'We have a trade agreement, we have decades of strong, strong, political and economic relations – the only missing factor has been a willingness of Canadian business to seize the opportunities. Mexico has been marked as a priority market to expand trade with by Export Development Canada. While it is already Canada's third-largest trading partner, with nearly $56 billion dollars in two-way merchandise crossing the border in 2024, it represented just over one per cent of Canadian exports that year. Fortin-LeFaivre said those relations will be crucial, particularly if the United States looks to move from a trilateral free trade agreement to two bilateral deals. 'It will be imperative that if that is happening that we have a very strong connection with Mexico directly, without the U.S. being there,' she said. Friday, Carney reiterated Canada's commitment to the CUSMA agreement while condemning Trump's recent tariff increase.


Globe and Mail
3 hours ago
- Globe and Mail
Sylogist Ltd. Announces Details of Its Second Quarter 2025 Earnings Conference Call
Calgary, Alberta--(Newsfile Corp. - August 4, 2025) - Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the "Company"), a leading public sector SaaS company, is pleased to announce that its financial statements for the second quarter of fiscal year 2025 will be released before markets open on August 14th, 2025. The Company will host a conference call at 8:30 AM Eastern Time on August 14th, 2025. Bill Wood, Sylogist's President and Chief Executive Officer, and Sujeet Kini, Sylogist's Chief Financial Officer, will review the Company's financial results and business performance. Conference Call Details Date: Thursday, August 14, 2025 Time: 8:30 a.m. ET Participant Toll-Free Dial-In Number: 1-833-752-3805 [North America] 1-647-846-8841 [International] Webcast link: This conference call will be recorded and available for replay on the Company's website. About Sylogist Sylogist provides mission-critical SaaS solutions to over 2,000 public sector customers globally across the government, nonprofit, and education verticals. The Company's stock is traded on the Toronto Stock Exchange under the symbol SYZ. Information about Sylogist, inclusive of full financial statements together with Management's Discussion and Analysis, can be found at or at