# Canada Sets $6.2 Billion Plan for Steel, Autos and Minerals

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/38216
Published: 2026-10-22T18:49:31.000Z
Updated: 2026-10-22T18:49:31.000Z
Section: Business

> The package covers Canada's domestic critical mineral supply chain as U.S. tariffs pressure its steel and auto industries.

Canadian Prime Minister Mark Carney and Ontario Premier Doug Ford announced a $6.2 billion support package covering steel, autos and Canada's domestic critical mineral supply chain, while U.S. tariffs weigh on the country's steel and auto industries.

The plan brings the three areas under one package. Canada's steel and auto sectors have faced pressure from U.S. tariffs.