The view from the Sault on steel and tariffs
Update: 2025-10-22
Description
Last month, the federal government loaned Algoma Steel $400 million, and Ontario kicked in $100 million -- to help the company weather the tariff storm.
Still, a news release from the company earlier this month predicted big losses and signaled possible layoffs. For a city intertwined with Algoma, buffeted by a trade war, and reimagining its relationship with its close neighbour, it's a nervous time.
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