Category : Search result: Canadian steel industry


Algoma Layoffs: Gov'ts Knew Before $500M Loan

The federal and Ontario governments kept taxpayers in the dark about impending Algoma Steel layoffs when issuing $500M in loan guarantees. This lack of transparency raises serious questions.

Algoma Steel loan about 'saving the furniture': Hajdu

Jobs Minister Patty Hajdu defends a federal loan to Algoma Steel, framing it as crucial for preserving jobs and industrial capacity in Sault Ste. Marie. Get the details on the government's intervention.

Jobs Minister Patty Hajdu defends Algoma Steel loan

Federal Jobs Minister Patty Hajdu explains the $150 million loan to Algoma Steel as essential to 'save the furniture' and protect jobs in Sault Ste. Marie. Get the details on this critical intervention.

Governments defend Algoma Steel loan after layoffs

Federal and Ontario governments face scrutiny for a $420 million loan to Algoma Steel, approved despite prior knowledge of impending layoffs. Details on the defense and economic context.

Domtar Crofton pulp mill closure cuts 350 jobs

Domtar is permanently closing its Crofton pulp mill, eliminating 350 jobs weeks before Christmas. The closure, blamed on lack of affordable wood, deals a devastating blow to B.C.'s forestry sector.

Algoma Steel lays off 1,000, cites U.S. tariffs

Algoma Steel CEO Michael Garcia says U.S. tariffs have closed the American market, forcing 1,000 painful layoffs. Get the full story on this major blow to Northern Ontario's economy.

Algoma Steel to Lay Off 1,000 Workers

Algoma Steel announces 1,000 layoffs in Sault Ste. Marie, citing difficult market conditions and trade pressures. Read about the impact and federal support.

Canada Joins EU's €150B SAFE Defence Program

Canada secures historic entry into the EU's SAFE defence procurement fund, aiming to reduce military reliance on the U.S. and open new opportunities for Canadian defence firms. Read the details.

Gildan completes HanesBrands acquisition, doubling size

Montreal-based Gildan Activewear has finalized its acquisition of HanesBrands, effectively doubling the company's scale. The deal marks a major shift in the apparel industry. Read more on the strategic implications.

EU Accuses US of 'Blackmail' Over Tech Rules

A top EU official accuses the Trump administration of using 'blackmail' to weaken digital regulations affecting U.S. tech giants in exchange for tariff reductions on steel and aluminum.

Ontario Minister's Global Defence Industry Mission

Ontario's Economic Development Minister Vic Fedeli is on an international mission to attract defence industry investments and create high-value jobs for the province. Learn about this strategic economic push.

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