
Canada's aluminium industry welcomes today's announcement on measures to protect its industry Français
"We find that these announcements strike the right balance between sending a strong signal towards focused and accelerated negotiations and using a measured approach through adaptive counter-tariffs and reciprocal procurement policies," said Jean Simard, President and CEO of the Aluminium Association of Canada.
"In this rapidly evolving situation, with potentially high financial impacts due to uncontrollable market reactions, we will need and seek agility and speed for government interventions should we reach the 30-day deadline without a positive resolve," he added.
The industry also welcomes the Government of Canada's recognition of the fundamental differences between the aluminium and steel markets, and the need for tailored trade measures that reflect those realities.
Smelted and cast and additional tariff measures
"During the Government of Canada's consultations on improvements to its aluminium Import Monitoring System, Canada's aluminium industry fully supported the use of "Country of Smelt and Cast" provision to address risks of unfair trade within the CUSMA trading space," said Jean Simard. "This fourth measure announced today, including additional tariff measures, comes at the right time and will hopefully be implemented rapidly."
As we did back in 2018, we are looking forward to working with our government and union counterparts, over the coming weeks through the Aluminium Taskforce, providing market and evidence-based information towards efficient, coherent and supportive government decision-making made for the aluminium industry, its workers and communities.
About the Aluminium Association of Canada
Founded in 1990, the Aluminium Association of Canada (AAC) represents the three Canadian world-class aluminium producers: Alcoa, Alouette, and Rio Tinto. Operating nine smelters in Canada, eight of which in Quebec, employing over 9,500 workers. The AAC and its members are active in the development of best practices in health and safety and responsible low CO 2 production. For more information, visit aluminium.ca or X @AAC_aluminium.
Hashtags

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


Cision Canada
3 minutes ago
- Cision Canada
MyCreds® Reaches Majority Adoption across Canada's Public Colleges, Institutes, Universities
CALGARY, AB, July 24, 2025 /CNW/ - MyCreds® I MesCertif®, Canada's only sector owned, bilingual, national digital credential network, proudly announces that it has surpassed a major milestone, with 131 publicly funded post-secondary institutions now active on the platform — representing 58% of Canada's publicly funded colleges, universities, and institutes. "As Canada's nonprofit, sector-governed digital credential network, this achievement is a powerful endorsement of the trust, collaboration, and shared vision we hold with our institutional partners," said Jodi Tavares, Executive Director of MyCreds I MesCertif. "Together, we are transforming how learners, employers, and institutions connect through secure, portable, and instantly verifiable digital credentials." The MyCreds platform provides Canadian learners and credential holders with: Secure, bilingual digital and web wallet to carry transcripts, diplomas, certificates, micro-credentials, and badges Instant, paperless sharing with employers, institutions, government, and licensing bodies Confidence that their data is protected under Canadian and provincial privacy and data residency standards For institutions, MyCreds offers a fully auditable, standards-based system to issue, manage, and revoke credentials, improving efficiency, reducing costs, and supporting learner mobility across Canada and internationally. About MyCreds I MesCertif MyCreds is Canada's official digital credentialing network, owned by the Association of Registrars of the Universities and Colleges of Canada (ARUCC). As a nonprofit-led national trust framework, MyCreds empowers institutions, organizations and issuing bodies to deliver secure, portable digital credentials to millions of learners.


Cision Canada
3 minutes ago
- Cision Canada
CSA announces exemptions for investment funds to facilitate access to the Bank of Canada's Contingent Term Repo Facility Français
TORONTO, July 24, 2025 /CNW/ - The Canadian Securities Administrators (CSA) today issued coordinated blanket orders granting exemptive relief to facilitate access to the Bank of Canada's (the Bank) Contingent Term Repo Facility (CTRF) for eligible investment funds. The Bank's CTRF is designed to support the stability of the Canadian financial system and to counter future, severe market-wide liquidity stresses. The CTRF is activated and deactivated at the Bank's discretion and offers Canadian-dollar funding for a term of up to 30 days to eligible participants against securities issued or guaranteed by the Government of Canada or a provincial government. Investment funds with exposure to Canadian dollar money market and/or fixed income securities may need to access the CTRF to better manage their liquidity if there is a severe market-wide liquidity stress event. The blanket orders remove restrictions that would have impeded eligible investment funds from being able to participate in the CTRF. The orders facilitate access to a potential liquidity risk management tool for eligible investment funds to proactively manage their liquidity during times of severe market conditions. The CSA, the council of the securities regulators of Canada's provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets. For media inquiries, please contact: Ilana Kelemen Canadian Securities Administrators [email protected] Julia K. Mackenzie Ontario Securities Commission [email protected] For investor inquiries, please contact your local securities regulator.


Cision Canada
23 minutes ago
- Cision Canada
Discover Europe's Irresistible Chocolate & Biscuits Crafted with Ethical and Sustainable Agricultural Practices -- Now Available in Canada
TORONTO, July 24, 2025 /CNW/ -- Canadians looking to satisfy their sweet tooth while staying true to their values can now experience a new standard in premium snacking. The " Premium European Products: Better Knowledge, Better Choices" campaign is proud to bring to Canada a collection of ethically crafted chocolates, biscuits, and confections made with certified ingredients and rooted in sustainability, authenticity, and European tradition. The chocolate and biscuit industry in Europe, particularly in Latvia, is driven by heritage but increasingly future-focused. Latvian producers have responded to rising environmental concerns by transforming supply chains—integrating certified ingredients, improving eco-friendly packaging, and offering traceability every step of the way. Since 2019, sugar used in these products is FSA-certified, meeting high environmental and social standards. Chocolate products Chocolate products comprise a diverse array of delectable treats featuring chocolate as a key ingredient. Cocoa, a key ingredient in chocolate production, highlights a commitment to sustainability through a partnership with the Rainforest Alliance. The cocoa is responsibly sourced, meeting the rigorous standards of the Rainforest Alliance Certified program. This certification ensures ethical agricultural practices, supports human rights, combats deforestation, and aids cocoa farmers. With over 80 percent of the cocoa being certified, chocolate products prioritize ethical sourcing and environmental stewardship. In the creation of chocolate and other confections, sugar is a vital raw material, providing sweetness and texture. Since 2019, chocolate products have been produced using certified sugar derived from high-quality sugar beets, meeting the standards of the Farm Sustainability Assessment (FSA). This dedication to sustainability is evident throughout their production process, ensuring that every indulgent treat is not only delicious, but also, sourced ethically and sustainably. Biscuits Biscuits are a type of baked pastry typically made from flour, sugar, fat (such as butter or oil), and leavening agents (such as baking powder or baking soda). They vary in texture, ranging from crispy or crunchy to softer or chewier, depending on the ingredients and baking technique. Biscuits and wafers are produced using sugar certified by the Farm Sustainability Assessment (FSA), sourced from high-quality sugar beets. This commitment to sustainability ensures ethical and responsible sourcing practices without implying any health benefits. Why Canadian Consumers (and Retailers) Should Pay Attention Chocolate is a Canadian favourite: Canadians consume an average of 6.4 kg of chocolate per person per year, placing the country among the top 10 globally (Mordor Intelligence, 2024). Sustainability is a purchasing driver: According to Agriculture & Agri-Food Canada, 70% of Canadian consumers say they are more likely to buy sustainably produced food. Premium appeal: With beautiful packaging, heritage recipes, and clean-label positioning, these products are ideal for gourmet retailers, gift boxes, and conscious consumers. Canadian-Inspired Recipe: Dark Chocolate & Maple Biscuit Bark Ingredients: 200g Premium European dark chocolate (80% Rainforest Alliance-certified cocoa) 2 tbsp pure Canadian maple syrup Crushed European butter biscuits Pinch of sea salt Method: Melt the chocolate gently, stir in maple syrup. Spread onto parchment paper, top with crushed biscuits and sea salt. Chill, break into pieces, and enjoy with a glass of local Pinot Noir or ice wine. Join the Movement: Connect with Premium European Products We invite Canadian food professionals, chefs, retailers, and distributors to explore collaboration opportunities with the "Premium European Products" campaign. For more information on where to find these premium products or to learn how to partner with the campaign, please visit email us to [email protected] or follow us on social media: ETHEAS and LDC invite Canadian importers, distributors, and foodservice leaders to explore these exceptional European products and form collaborations that support shared goals of quality, transparency, and sustainability. About "PREMIUM EUROPEAN PRODUCTS" PROGRAM The campaign:" Premium European Products: Better Knowledge, Better Choices" is co-funded by the European Union and managed by the National Union of Agricultural Cooperatives of Greece (ETHEAS) and the Latvian Dairy Committee (LDC). It aims to promote exquisite added-value products in Canada, South Korea, and Malaysia, including PDO olive oils, table olives, dried grapes, saffron, hard cheese, gum, and gum oil from Greece, as well as dairy products, candied fruits, chocolates, confectionery, and salty snacks from Latvia. Spanning from 2024 to 2026, the program seeks to significantly elevate the profile of European products in these markets through a four-pronged approach: raising awareness, enhancing recognition among consumers, increasing consumption, and boosting exports to Canada, Malaysia, and South Korea. The beneficiaries: The National Union of Agricultural Cooperatives of Greece (ETHEAS), established by the Greek State Law, coordinates over 300 agricultural cooperatives across Greece, representing about 80% of the total turnover of such cooperatives. It focuses on rural and cooperative development, supports member activities domestically and internationally, issues opinions on agricultural matters, supervises cooperative promotion, and conducts educational activities. The Latvian Dairy Committee (LDC), established in 1995, represents Latvian milk producers and aims to protect their interests. It consists of 17 members producing approximately 80% of industrially produced milk in Latvia.