Browsing Tag
Mélanie Joly
3 posts
Carney announces C$8.7bn Ontario industrial support plan amid Trump tariff dispute
Canadian Prime Minister Mark Carney and Ontario Premier Doug Ford have announced C$8.7 billion in industrial support as trade tensions with the United States intensify.
Cleveland-Cliffs promised to protect Stelco jobs. Why is Canada now threatening enforcement over 500 workers?
Cleveland-Cliffs Inc. is facing escalating pressure from the Canadian government after Stelco began idling finishing operations at Hamilton Works, potentially affecting up to 500 employees. The dispute is unusually consequential because employment protections formed part of the binding commitments attached to Cleveland-Cliffs' 2024 acquisition of Stelco. What might otherwise have been an industrial restructuring has therefore become a test of how aggressively Canada will enforce foreign-investment promises when market conditions deteriorate.
Why Tenaris is putting C$306m behind a Canadian steel pipe hub at a delicate moment for energy security
Tenaris is modernizing Ontario pipe capacity as energy security and steel trade pressure collide. Read why the C$306M bet matters.