Category : Search result: Algoma breakins


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.

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.

Algoma Steel CEO Steps Down Amid U.S. Tariff Pressure

Algoma Steel Group announces CEO Michael McQuade's immediate departure as Canadian steelmakers face mounting challenges from U.S. tariff policies. Get the inside story on leadership changes and market impacts.

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