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Finance committee  I think it's one of the lessons we need to take forward from this pandemic. We've lived through a horrible circumstance here, but one of the bright spots in it is the understanding of the importance of manufacturing in the Canadian economy and the role it can play to have the cap

June 18th, 2020Committee meeting

Catherine Cobden

Finance committee  Indeed, attracting the investment needed to make that happen is tricky. It's tricky today, it was tricky yesterday and it will likely be tricky tomorrow. It's why we feel very strongly that there's a big opportunity for us to attract that investment if we work together to stimula

June 18th, 2020Committee meeting

Catherine Cobden

Finance committee  I think that, again, this comes back to how we attract the investment here. There's no question that our industry is competing with their international colleagues all over the world for that investment. Anything that can be done that brings Canada to the forefront of bringing the

June 18th, 2020Committee meeting

Catherine Cobden

Finance committee  Again, just to reiterate, Alberta's energy sector is a very important market for Canadian steel, so for it to continue to be prosperous is certainly a very important objective of ours. We think of our marketplace in thirds—the auto sector is a third, the construction and infrast

June 18th, 2020Committee meeting

Catherine Cobden

Finance committee  First of all, let's not talk about the drilling levels of today, because it's a very deep and difficult circumstance. There are a good number of Canadian steel producers that rely very heavily on the energy sector's prosperity. Their strength is our strength. Like it is with all

June 18th, 2020Committee meeting

Catherine Cobden

Finance committee  Let me first explain that CUSMA is an extremely important deal for us. You mentioned CUSMA. It's an extremely important agreement. We want its implementation. We're looking forward to July 1. We want all parts of CUSMA to come into full play as soon as possible, including, as men

June 18th, 2020Committee meeting

Catherine Cobden

Finance committee  Yes, it's part of our quest on the net zero to find solutions to reduce our carbon footprint. We don't anticipate losing and don't want to lose any jobs. That's part of the point.

June 18th, 2020Committee meeting

Catherine Cobden

Finance committee  I understand that choices have to be made. We made important choices around the emergency wage subsidy and the important role it has played. As it pertains to SIF, though, our view is that we really need to attract the right investment in this country. In our current climate tha

June 18th, 2020Committee meeting

Catherine Cobden

Finance committee  Thank you very much for the question. It's nice to see you again. In fact, as I'm sure folks are aware, the energy sector is an incredibly important sector customer of ours. Yes, it's one of our top three. Markets for us are the energy sector, the automotive sector and the const

June 18th, 2020Committee meeting

Catherine Cobden

Finance committee  Yes, in fact, we were concerned with the original proposal that was related to the Special Imports Measures Act that was included in a recent bill from Justice. We worked with many members of Parliament, including our steel caucus and the chair of that caucus, and we were able to

June 18th, 2020Committee meeting

Catherine Cobden

Finance committee  Thank you, Mr. Chair and members of the committee. My name is Catherine Cobden. I'm the president of the Canadian Steel Producers Association. I want to thank you very much for the opportunity to share the perspective of the domestic steel industry on the impacts of COVID and o

June 18th, 2020Committee meeting

Catherine Cobden

International Trade committee  Thank you. Also, you did a great job of acknowledging team Canada in a more expanded way. As we know, it really was an all-out effort by so many—way too many to name—and it's greatly appreciated. The tariffs at 25% on steel for a year were devastating, and we're still on our he

February 18th, 2020Committee meeting

Catherine Cobden

International Trade committee  I'm not sure that would hold today, because we have had some changes in the ownership structure of the Canadian steel industry, which you may be familiar with.

February 18th, 2020Committee meeting

Catherine Cobden

International Trade committee  No, I really do believe that North America is our marketplace. That's how it shows up, that's how it's always showed up and that's why this agreement is really important to us.

February 18th, 2020Committee meeting

Catherine Cobden

International Trade committee  You have to appreciate that we produce a very heavy product, for one thing, and we're in the context of global overcapacity. I tried to describe that to you earlier. I think that our interests—and that's what served us so well in this agreement—are in the North American marketpla

February 18th, 2020Committee meeting

Catherine Cobden