The federal government is pumping $100 million into Canada's steel industry with a new program that will pay for half the costs of transporting Canadian-made steel by ship or by rail within the country.

Canada is launching a $100-million rebate program to help steelmakers sell more product at home, as Ottawa stares down a looming deadline to avert a fresh wave of U.S. tariffs.

OTTAWA - Ottawa plans to slash costs to send steel between provinces and territories for the next year in a bid to help domestic producers hit hard by tariffs.