The Government of Canada stands with hard-working steel and aluminum workers, their families and their communities. And we are delivering on our commitment to support the steel manufacturing sector and its workers.

"We are committed to supporting Canadian steel workers and the innovative, world-class products they produce. Our investment in Gerdau will help strengthen the competitiveness of the steel sector for years to come, maintain Canada's position in the global market and support jobs for middle-class Canadians here in Durham region."
— Jennifer O'Connell, Parliamentary Secretary to the Minister of Finance (Youth Economic Opportunity)

"Canadian steel producers and workers form the economic backbone of communities across our country. This investment will support 818 jobs at Gerdau and help it upgrade its facilities to become more competitive and expand its market reach."
— The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development

"Gerdau is committed to innovation and to the advancement of strategic investments that improve our process efficiency, product offerings and environmental performance. This project will help us continue making world-class steel in Ontario."
— Chia Yuan Wang, President, Gerdau Long Steel North America

• Gerdau specializes in the transformation of scrap into steel. It is a major supplier of long steel in the Americas and one of the largest recyclers in the world.

• In 2018, the Canadian steel industry employed more than 23,000 Canadians and contributed $4.3 billion to Canada's gross domestic product. This industry is a vital supplier to the Canadian manufacturing, energy, automotive and construction industries.

• This investment is being made through the Strategic Innovation Fund, a program designed to attract and support high-quality business investments across all sectors of the economy by encouraging firm expansion as well as R&D that will accelerate the transfer of technology and the commercialization of innovative products, processes and services and will facilitate the growth of innovative firms.

• In addition to the Strategic Innovation Fund, there are hundreds of programs and services to help businesses innovate, create jobs and grow Canada's economy. With a simple, story-based user interface, the Innovation Canada platform can match businesses with the most fitting programs and services in about two minutes.

Associated links

• In addition to the Strategic Innovation Fund, there are hundreds of programs and services to help businesses innovate, create jobs and grow Canada's economy. With a simple, story-based user interface, the Innovation Canada platform can match businesses with the most fitting programs and services in about two minutes.
• Government of Canada announces support for more than 2,100 Canadian steel workers in western Canada
• Government support ensures jobs for over 3,000 steel workers in Sault Ste. Marie
• Government announces support for 6,400 Canadian steel workers in Ontario and Quebec
• Alcoa and Rio Tinto announce world's first carbon-free aluminum smelting process
• Government of Canada announces support for the aluminum sector in Quebec
• Government of Canada announces support for at least 830 aluminum sector workers in the Côte-Nord region
• Government of Canada announces support for 108 Canadian steel workers in Quebec

Dani Keenan
Press Secretary
Office of the Minister of Innovation, Science and Economic Development
343-291-1710

Media Relations
Innovation, Science and Economic Development Canada
343-291-1777
ic.mediarelations-mediasrelations.ic@canada.ca