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2 days agoThere is no concern about aluminum. Canadian aluminum is top quality and in demand. Most USA buyers already signed contracts during the last Trump term that they would continue to buy at their contracted prices and volumes while eating any tariff rates themselves. It has been stated repeatedly that there are buyers around the world lined up waiting to take on any production capacity that is abandoned by existing buyers.
Steel is a bit more of an issue but there is still significant domestic steel consumption especially if we decide to kick off some infrastructure projects. And Europe will be looking for steel as they tool up to rebuild their army.
The trick to supporting local breweries is to support local breweries. Everywhere I’ve lived in Canada I’ve bought beer from my local guys, often directly from their door, despite many beers from across the country and around the world being available at the liquor store.
But these “local breweries” in the article are Molson-Coors and Labatt. The first is now American-owned and the second is the largest brewing company in Canada. I think they will be just fine.