OEA: Catherine Cobden - State of the Steel Industry in Canada
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The State of the Steel Industry in Canada
Chief Executive Officer
Canadian Steel Producers Association
June 12, 2019
The Ottawa Economics Association (OEA) invites you to meet:
Catherine Cobden, CEO of the Canadian Steel Producers Association
After almost a year of 232 tariffs, Prime Minister Justin Trudeau and key members of his Cabinet announced that the punitive US tariffs on steel and aluminum were eliminated according to a newly signed agreement between the US and Canadian governments. Until recently, the Canadian Steel industry was yet another victim of the ultra protectionist measures enacted by the Trump administration in their decision to apply a 25% tariff on steel and 10% tariff on aluminum imports from Canada on national security grounds.
This protectionist approach was expected to impact Canada Steel industry significantly as the Canadian Steel industry generates $15B in GDP to the Canadian economy and annually produce approximately 13 million tonnes of primary steel as well as over 1 million tonnes of steel pipe and tube products in facilities located across Canada. Domestic steel operations directly employ some 23,000 Canadians while supporting an additional 100,000 indirect jobs. The Canadian steel industry is a critical component of Canada’s economy, serving the needs of North American customers with high quality, competitive, and innovative products. Key market segments for include automotive; energy; major infrastructure projects; transportation; commercial/residential construction; and many general manufacturing applications.
What are the immediate ramifications of this newly signed agreement? What impacts had been felt by the sector on the application of these tariffs – in the areas of investment, employment, renewal? Are there aspects of the agreement that may create challenges going forward? How did the Steel industry dealt with the department of Global Affairs Canada stance throughout this crisis? What early lessons can be drawn from this crisis that may support other sectors? What does this mean for the CUSMA?
Come and join us to hear our guest discuss these questions and much more.
WHEN: Wednesday, June 12, 2019
11:45 a.m. – Registration and networking
12:00 p.m. – Lunch followed by presentation
WHERE: Rideau Club Main Dining Room, 15th Floor, 99 Bank
COST: OEA members: $50 prepaid online; $80 at the door
Non-members: $75 prepaid online; $100 at the door
OEA student members: $25 prepaid online
Table of 8: $525 prepaid online
Online prices do not include HST. To receive online discount, online payment must be made at the time of registration. Tables of 8 must be purchased online in advance. Payment at the door subject to availability given space limitations and is via cash or cheque only. OEA Payment Guidelines are available under OEA Chapter Information at www.cabe.ca.
Please note the Rideau Club dress code: Jacket and collared shirt with tie are required for men and ladies are expected to similarly dress appropriately (dresses, skirts, pants with a jacket).
To register, please visit the online store by June 7 at www.cabe.ca
Memberships may be purchased online in advance of the event.
ABOUT THE SPEAKER
Catherine Cobden has over 25 years of industry association, regulatory and advocacy experience in building strategies and relationships. Prior to taking the helm of the Canadian Steel Producers Association in January of 2019, Catherine was President of Cobden Strategies Inc. where she worked with all levels of government, and other stakeholders, to achieve constructive solutions to key challenges facing Canadian resource industries. Catherine also spent 13 years at the Forest Products Association of Canada (FPAC) where, as Executive Vice President of FPAC, she played a key role in developing the sector’s long-term transformation and innovation strategy.
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