Federal Government Invests in Four Ontario Steel Companies
January 12, 2026
Through targeted investments, the Government of Canada is committed to providing support to help businesses in all sectors, including steel and automotive, to respond, adapt and compete amid shifting market conditions.
Evan Solomon, Minister of Artificial Intelligence and Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), visited Kit Steel Inc., a family-owned reinforcing steel (rebar) fabricator. While there, the Minister announced support for the first four projects approved through the Regional Tariff Relief Initiative, representing more than $3.4 million in investments for businesses affected by trade disruptions: Havelock Metal Co., Kit Steel Inc., Steelcon Fabrication Inc., and Titus Steel Company Ltd. The Minister was joined by Chris Bittle, Member of Parliament for St. Catharines.
This funding will help these businesses to undertake targeted and time-sensitive investments to modernize and transform their operations, strengthen their supply chain resilience, and enhance their competitiveness at home and abroad. These investments will help them to emerge stronger and better positioned to achieve long-term economic prosperity. For information on the projects, refer to the backgrounder.
Kit Steel Inc., is receiving more than $650,000 to modernize production infrastructure. This investment will allow the company to adopt state‑of‑the‑art rebar fabrication systems, improving operational efficiency, and strengthening competitiveness.
Investment Details
| Recipient Name | Project | Funding Amount |
|---|---|---|
| Havelock Metal Co. | Peterborough-based manufacturer to expand operations by adding a dedicated advanced mill to produce high-quality panels in a new profile to diversify its product lines, achieve vertical integration, and enable it to better meet the domestic demand for Canadian-sourced and made products. | $750,000 |
| Kit Steel Inc. | Welland-based reinforcing steel (rebar) fabricator to modernize production infrastructure to enhance operational efficiency and strengthen competitiveness. | $655,026 |
| Steelcon Fabrication Inc. | Welland-based steel fabricator to establish an automated structural steel and joist fabrication shop that enhances throughput, precision, and operational efficiency across its Welland and St. Catharines facilities. | $1,000,000 |
| Titus Steel Company Ltd. | Mississauga-based importer, distributor and fabricator of specialty wear and impact steels, work-hardening steels, and tool and die steels to expand its fabrication capabilities through the adoption of specialized equipment. | $1,000,000 |
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