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Top Northern Ontario Business News

Algoma Steel CEO: Feds knew about plans for layoffs before giving $400M loan — REUTERS / FBi345

Canadian Economy · Canada

Algoma Steel CEO: Feds knew about plans for layoffs before giving $400M loan

57% Left coverage: 14 sources

The head of Algoma Steel says the federal government and Government of Ontario knew the company’s business plan included a re-tooling of its Sault Ste. Marie plant that would result in layoffs before they agreed to half a billion dollars in loan assistance to help the company weather the storm of U.S. tariffs. See the Story

Vale, Glencore Agree to $2B Joint Venture Copper Project

Sudbury, Ontario · Sudbury

Vale, Glencore Agree to $2B Joint Venture Copper Project

50% Center coverage: 10 sources

Vale Ltd. and Glencore have announced plans to work together to develop a brownfield copper project on adjacent properties in the Sudbury Basin.See the Story

Union: Shuttered Terrace Bay Pulp Mill "Pretty Much Done" if Left Unheated

NDP · Terrace Bay

Union: Shuttered Terrace Bay Pulp Mill "Pretty Much Done" if Left Unheated

The Official Opposition demanded clear answers from the Minister of Natural Resources on whether the government will take immediate steps to heat the Terrace Bay mill and protect both workers and the surrounding community. NDP MPPs Lise Vaugeois (Thunder Bay – Superior North) and Guy Bourgouin (Mushkegowuk James Bay) released the following statement: “Despite producing ...See the Story

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