Algoma Steel issues 1,000 layoff notices
December 1, 2025
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7:51Now PlayingAlgoma Steel issues 1,000 layoff notices
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as posted by the channelThe steel mill, based in Sault Ste. Marie, Ont., says it was hit hard by the high tariffs imposed last summer by U.S. President Donald Trump. The layoff announcement comes a few months after the federal and provincial governments provided $500 million in loans to combat the impacts of tariffs. The CBC’s Marina Von Stackelberg and economist Peter Warrian share more on the story.
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