“Canada Won’t Back Down”: Melanie Joly Vows To Protect Industries As Trump’s Tariffs Hit

Oneindia - English
1 follower
Oct 16, 2026
Video Summary
AI GeneratedThe Canadian government has announced a $50 million investment in the Canadian Food Innovation Network to modernize agri-food businesses and enhance food sovereignty. This initiative aims to combat rising food costs and mitigate the impact of U.S. trade tariffs by fostering domestic production, innovation, and market diversification.
Many of these sectors had been hit by tariffs in the past,
particularly during the first
mandate of President Trump.
Following the end of the negotiation,
we are now in the second chapter of the trade
war, and 700 different products are being targeted
by the administration for tariffs.
Of course, thank you, Mark, for hosting us here.
It's a pleasure to be here at Trent, and Mr. Mayor,
Jeff, thank you for the kind introduction.
I know you have a lot of experience
when it comes to agri-food, to say the least.
So, here at Trent Farm Research Centre, researchers,
students, and industry partners are turning research
into practical solutions for Canadian farmers and food businesses.
businesses, and they're testing new technologies,
developing new approaches, and helping shape the
future of Canada's food system.
And this is exactly why we're here today, because cost of
food is increasing,
and Canadians are facing difficult choices at the grocery store. And
that's why we launched the National Food Strategy,
because at the core of this strategy, it's about
more choice, more control, and more Canada.
And ensuring more food Canadians eat is grown,
processed, and prepared right here at home.
So to do that, Canadian food businesses are being
asked to produce more, compete more, and adapt faster than ever before.
So of course, meeting
those challenges requires investments
and a willingness to move ideas from the lab to the
test field and also to the drawing board
into the marketplace it's a what are
what better place than Peterborough
and being with Emma to announce great news
about our food sector today
and so I'm pleased to announce 50 million dollar
investment in the Canadian Food
Innovation Network that's a lot of money
it will help more than 200 businesses modernize
their operations and bring new
ideas to the market it will
also attract more than 200 million dollars in follow-up investments
and create approximately 300 new jobs
and also support 450 existing jobs across the country and
and really position Canada as a leader in food innovation
so let me say this in French
Donc j'ai le plaisir d'annoncer 50 millions
for the Canadian Food Innovation Network.
Ça va aider environ 200 entreprises à moderniser leurs opérations
et à mettre en marché des
It will also be able to attract investments
of about $200 million by creating 300 new jobs
450 emplois à travers le pays. Donc c'est
essentiellement d'excellentes nouvelles pour le secteur agroalimentaire
So the Canadian Food Innovation Network helps everyone along
the value chain to prosper by stimulating innovation and productivity.
And Peterborough is a wonderful setting
to remind us of where food sovereignty starts.
Whether it's a family-owned processor reducing
waste through smart manufacturing systems
or a growing company using automation to expand production.
So this funding will help businesses modernize their operation, scale
their growth, and create new opportunities for workers and communities.
And at a time where we're facing a trade war and American tariffs
are really affecting a lot of our agri-food businesses,
it is important that we work together
and make sure that we put our strategy and our vision
into the reality of so many entrepreneurs and so many workers.
So Canada must continue building its capacity at home.
So congratulations, and let's keep growing.
So two things on that.
First, when you look at the first chapter of the trade war,
what I call the first chapter is before
the Prime Minister Carney left the table
at the end of August because it was a really bad deal
that was offered to us by the Americans.
um it the tariffs were hitting industries such
as steel aluminum auto and forestry um and many of
these sectors had been hit by tariffs
in the past particularly during the first mandate of president
trump following um the the end of the negotiation uh we
are now in the second chapter of the trade
War. And 700 different products are being targeted
by the administration for tariffs,
including the agri-food sector.
Many businesses are impacted by 25% tariffs, and sometimes even
more, depending on how you calculate.
And that's a real issue. So for us, we know that some of our
agrifood sector is highly dependent on the american market
and we've been there to support
them but also we want to make sure
that we help them diversify we help them enter new markets and
that's our job and my job
because my job is to offer support measures through FedDev Ontario
through the BDC and really being able to help
these businesses have access to capital, have
access to liquidity to keep their operations going,
keep their employees, but at the same
time to help them, like I was saying, pivot,
going to new markets, developing new products.
The other thing is many of our agri-food businesses have
been impacted by the tariffs,
not on them, but on steel aluminum,
including linked to packaging, including for aluminum cans
or steel cans. And that's really a problem.
And so the tariffs on aluminum and steel are at 50%.
So that's why we want to continue to not only protect our steel plants,
protect our aluminum
plants, but also being able to have clear plants here
in Canada making aluminum cans,
making steel cans,
because that's an industrial capacity we didn't have in the past.
And I've been working a lot with the Ontario government
to land these different plants
across Ontario and also across the country.
And so we think that in due time that will help.
And then finally comes in the national food strategy,
which is to address the affordability issue
when Canadians go at the grocery store and it's extremely expensive.
And at the same time, to be able to have greater food made in Canada.
So it's a question of food sovereignty.
And so you can see that there's many different pieces to your question.
It was a very relevant question.
Thank you for asking it.
But also, that's the entire strategy of the government.
All right.
Thank you.
Thank you.
Hi, Mark Woodhouse, Global News.
I've got a question for my colleagues in Ottawa.
Minister, you say that Stelco has broken its commitments,
but the company is proceeding with layoffs.
What specifically needs to happen before you take legal action,
if that is on the horizon?
So I answered that question yesterday.
I said indeed that it is our opinion that the commitments by Stelco
under the Investment Canada Act are broken.
And in that sense, we don't think
that any market conditions or a different
business plan can explain the behavior of Stelco.
The CEO has been clear.
He has been advocating for the imposition of U.S. tariffs on steel
and steelmakers here in Canada.
So we're reviewing this deal, the Stelco letter that was sent to us.
I also said that a few possible options
of a court process would include,
first, forced compliance of undertakings, second, financial penalties,
and third, and more importantly, I must say, forcing divestiture,
so forcing Stelco to sell its assets here in Canada.
uh we've hired the best lawyers in Canada to help us uh
to deal with that and we will fight to keep
the jobs in Hamilton and that is the position of the government
and meanwhile if Stelco wants to
come back to the table to negotiate i'm always open to that okay
and uh if tariffs do stay in
place just more focused on this announcement today
um how much can investments like this
realistically offset
and what still needs to be solved at the negotiating
table so today's announcement
and the announcement you will hear from us when
it comes to national food strategies really
to help our businesses to have
access to financial support in times of unpredictability
so it's more difficult
to have access to capital it's more difficult
also just to take a decision
to invest in your company we want
to counter that that how can I say yeah
that's so exactly thank you to that chill we want to offer options to
business owners to say you know what I know it's
a tough world out there but
I'll invest and I'll be ambitious
because in times of crisis boldness is
always rewarded and so that's exactly what we're doing today thank you
Subscribe to OneIndia and never miss an update.
Download the OneIndia app now.
