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Ford CDR (CAD Hedged)
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Globe says Algoma Steel, others see talks ratchet up

2025-10-14 06:34 ET - In the News

See In the News (C-ASTL) Algoma Steel Group Inc

The Globe and Mail reports in its Saturday edition that Prime Minister Mark Carney says that intense negotiations continue at the highest levels of the Trump administration for tariff relief on key Canadian sectors, and that those talks include reviving the Keystone XL pipeline. The Globe's Robert Fife writes that Dominic LeBlanc, the minister responsible for U.S. trade, had remained in Washington since Tuesday's meeting between the Prime Minister and President Donald Trump. He returned to Ottawa on Friday, and said on X that Canadian officials will continue talks with U.S. officials over the weekend. A government source speaking on background told The Globe that the discussions are substantive and that Mr. LeBlanc is expected to return to Washington early next week. At a news conference in Ottawa on Friday, Mr. Carney confirmed that the U.S. talks are at a critical stage. "Intensive negotiations are in train right now for the sectors of steel and aluminum and in parallel conversations on forest products and automobiles," Mr. Carney said. Ottawa is hoping to reach an agreement so that those industries are not punished again when the United States-Mexico-Canada Agreement comes up for renewal next year.

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