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The Daily Wednesday, July 4, 2018

Press Release

Information related to recent Canada–US tariff changes

On June 1, 2018, the United States implemented additional tariffs on selected Canadian steel and aluminum products exported to the United States. The additional tariff rates are 25% and 10% respectively. According to Statistics Canada’s international merchandise trade customs-based data, in 2017, the export value of aluminum products that are subject to the 10% rate was $9.2 billion; and the export value of steel products that are subject to the 25% rate was $7.2 billion.

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Private radio broadcasting, 2017

Operating revenues in private radio broadcasting fell 1.9% (-$30.0 million) from 2016 to $1.5 billion in 2017. This was the fourth consecutive annual decrease. A 3.1% decrease in the sale of local advertising led to the drop in operating revenues. In 2017, 98.4% of total operating revenues in private radio broadcasting were generated from advertising sales.

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Sawmills, April 2018

Lumber production rose 0.5% from March to 5 924.6 thousand cubic metres of lumber in April. Production was 2.5% higher than in April 2017.

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