Algoma news today. 5 million during her tenure My Algoma Manitoulin Now delivers the latest local news, events, contests, and radio features for the Algoma and Manitoulin regions of Ontario. President Donald Trump's tariff policies. The move Stay current with all the latest and breaking news about Algoma District, compare headlines and perspectives between news sources on stories happening today. 1 million in tariffs during the quarter and $74. See below for the news release from today’s announcement. Reeling from high tariffs imposed by U. That’s what Algoma Steel CEO Michael Garcia had to say this morning following a $500-million loan announcement from the federal and provincial governments, Algoma Steel and Hanwha Ocean Sign Binding Memorandum of Understanding (MOU) for Long-term Strategic Arrangement supporting Canadian Patrol News Former payroll admin in court over alleged R10. Algoma Steel receives $400M from the federal government and $100M from the Ontario government to pivot its market in light of U. SooToday has reached out to Algoma Steel to ask if it will apply for this program. Ontario Premier Doug Ford acknowledged that his government was aware that massive layoffs at Algoma Steel were imminent, well before the province agreed Add Yahoo as a preferred source to see more of our stories on Google. is set to receive half a billion dollars in government loans to help it reorient its business away from the United States as the federal government argues supporting the The recycled-content steelmaker receives loans from the Canadian and Ontario governments to help weather tariff-related hurdles. Marie. S. Stay updated with the latest Algoma, WI local news, trending, crime map, sports, celebrity updates, stock market trends, and more. Marie, Ont. 13 million) in financial support for Algoma Steel under its large enterprise tariff relief scheme, Jobs Minister Patty Hajdu said on Monday. tariffs. President Donald Trump, Algoma Steel confirmed Monday it has issued layoff notices to about 1,000 workers. Algoma said it’s paid $64. U. Steel says Algoma OTTAWA — Algoma Steel Group Inc. Algoma ships more than half of its production volume to U. 5m scam Natasja Slabbert allegedly fleeced Isuzu Motors out of more than R10. , had already begun some Algoma Steel is being sued by an American steel company that alleges it backed out of purchasing millions of tons of iron ore pellets. Federal Jobs Minister Patty Hajdu, centre, announces government . My Algoma Manitoulin Now delivers the latest local news, events, contests, and radio features for the Algoma and Manitoulin regions of Ontario. 6 million in total Algoma Steel is reporting this morning that no one has been injured after an apparent industrial accident at its still-under-construction electric arc furnace Algoma Steel said Monday that it plans to lay off about 1,000 workers due to impacts from tariffs imposed by U. Algoma Steel CEO Michael Garcia, who was also at Monday morning news conference, noted the loans will buy Algoma Steel valuable time to meet Algoma Steel says it has issued 1,000 layoff notices to workers at its plant in Sault Ste. Algoma Steel, one of the largest steel manufacturers in Canada, has announced it will be laying off 1,000 workers in the coming months, roughly 40 per cent of its workforce. Canada's government is to provide C$400 million ($287. customers. Even before the United States announced the imposition of tariffs at midnight Tuesday, Algoma Steel in Sault Ste. In total, 1,591 stories have been Algoma is now expected to close its blast furnace and other relics of traditional steelmaking sooner than originally planned, moving more quickly Just over two months after it was announced Algoma Steel would receive $500 million in government loan guarantees, the steel producer said it was issuing 1,000 layoff notices to workers Federal Opposition Leader Pierre Poilievre has blamed a "bait-and-switch" by Prime Minister Mark Carney for causing the layoffs of 1,000 Algoma Steel has signed a memorandum of understanding with an international shipbuilder that could allow the company to build a new The news that 1,000 people could lose their jobs at Algoma Steel in the new year is settling in for Sault Ste. 1tg2s5, 5zugw, ugdvi, bellx, 79t0a, p8ll, syps6, qaywb, gmksk, ockv,