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Algoma Steel Layoffs ‘Absolutely Devastating’ for Sault Ste. Marie: Economist

Algoma Steel's shift to electric arc furnace technology aims to cut carbon emissions by up to 70%, with phased layoffs affecting about 1,000 workers starting today.

Summary by CTV News
Economist Colin Mang says the hundreds of layoffs at Algoma Steel increase the town’s total unemployment rate by around three per cent.
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CBC News broke the news in Canada on Monday, March 23, 2026.
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