Stelco

Hundreds of Stelco employees at the steelmaker's Hamilton and Nanticoke, Ontario operations are facing layoffs, with workers describing the situation as devastating and many now facing an uncertain future. The job losses are raising concerns about the impact on families and the local economies of both steel communities.

Canadian Prime Minister Mark Carney has accused US steelmaker Cleveland-Cliffs of betraying Canadian workers after the company's Stelco unit announced plans to shut down operations at some Ontario facilities. Carney said the government will take all necessary steps to ensure the company meets its legal obligations, signalling a potential escalation between Ottawa and the American steel producer.