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News
Feds launch $100M steel shipping support program amid U.S. trade squeeze
1+ mon, 2+ day ago (285+ words) OTTAWA — As part of efforts to bolster Canada’s steel industry and promote made-in-Canada projects, the federal government announced a $100-million rebate program to cover shipping costs for Canadian-made steel. Announced Monday by Transport Minister Steven MacKinnon, the year-long program will…...
Mark Carney to host Canada’s premiers in Ottawa later this month
8+ mon, 5+ day ago (200+ words) Official confirms PM will hold meeting on Jan. 29 after hosting group dinner the evening before OTTAWA — Prime Minister Mark Carney will meet with Canada’s premiers in Ottawa later this month as global tensions rise and as trade talks with the…...
Ontario plow-maker can't clear path through Trump tariffs
8+ mon, 3+ week ago (744+ words) 'I love the patriotism, but the volume offset is just not there' LONDON, Ont. — For decades, Arctic Snowplows has sold its Canadian-made galvanized steel products to “anywhere there is snow” across the border in the United States, says company president…...
EDITORIAL: Public kept in dark about Algoma layoffs
9+ mon, 1+ week ago (381+ words) When it comes to the $500 million in loan guarantees the federal and Ontario governments gave to Algoma Steel in September, we now know they treated taxpayers who were financing them like mushrooms. That is, they kept them in the dark…...
Mark Carney, Donald Trump to renew acquaintances in D.C.
9+ mon, 1+ week ago (354+ words) The leaders will gather for the first time since furor ignited over Ontario Premier Doug Ford's Ronald Reagan anti-tariff TV ad. OTTAWA — More than just soccer’s on the agenda for Prime Minister Mark Carney’s trip to Washington, D.C. Friday....
Mark Carney to meet with Donald Trump while in DC for World Cup draw
9+ mon, 1+ week ago (340+ words) The leaders haven't met since Doug Ford's Ronald Reagan anti-tariff TV spot sparked anger in Washington OTTAWA — Prime Minister Mark Carney will have a face-to-face with U.S. President Donald Trump on Friday while in Washington for the FIFA World Cup…...
Algoma Steel highlights new strategy after layoffs as it looks to lower costs
9+ mon, 1+ week ago (274+ words) SAULT STE. MARIE — The CEO of Algoma Steel says he recognized the need to accelerate the company’s plan to lower its costs well before tariffs came into play, as the company plans to let go of more than 1,000 workers. Michael…...
Algoma Steel to lay off 1,000 employees, blames Donald Trump's tariffs
9+ mon, 1+ week ago (523+ words) Announcement comes two weeks after Sault Ste. Marie-based company received $500M in government financing Algoma Steel has issued 1,000 layoff notices just two weeks after the tariff-battered company received a combined $500 million in federal and provincial government financing. The Sault Ste. Marie-based…...
New measures to protect Canadian steel, softwood lumber industries
9+ mon, 2+ week ago (430+ words) Measures meant to wean Canadian steel, lumber industries from reliance on U.S. exports OTTAWA — Canada will limit foreign steel imports and work on cutting freight charges for shipping Canadian steel and lumber. Speaking to reporters on Wednesday in the foyer of…...
Trump tariffs on timber, furniture take effect
10+ mon, 4+ week ago (551+ words) WASHINGTON — U.S. President Donald Trump’s fresh tariffs on imported wood, furniture and kitchen cabinets took effect Tuesday, a development likely to fuel building costs and pile pressure on homebuyers in an already challenging market. The duties were imposed to boost…...