The Financial Post reports in its Saturday edition that since 2014, the Canadian steel industry has accused more than 20 countries of dumping their rebar into Canada at artificially low prices. The Post's Gabriel Friedman writes that in nearly every case, the Canadian International Trade Tribunal has vindicated domestic steel producers and levied duties. Nonetheless, rebar continues to pour into Canada. As the steel industry pushes a "Buy Canadian" campaign, doing so often means paying more for the same products, which can be an economic deterrent all on its own. "The challenge is that it's actually cheaper to source rebar from foreign markets, whether that's Asia or the U.S., than it is from steel mills in Central Canada just because of the cost of shipping it," said Chris Gardner at the Independent Contractors and Business Association of B.C. Although there is a mill in Edmonton that produces rebar, most of the domestically produced rebar comes from Ontario and Quebec. Mr. Gardner said the cost of shipping heavy steel rods across the country by rail or truck can be significant, as much as $200 per metric tonne, compared with $39 to $69 per tonne to bring rebar in from Asia or the Middle East by maritime shipping.
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