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Prime Minister Mark Carney criticized steelmaker Stelco for laying off hundreds of workers at its Hamilton plant and accused the company of betraying Canadian workers. He stated his government would explore legal options to hold Cleveland-Cliffs, the American owner of Stelco, accountable for maintaining employment levels as promised when it acquired Stelco in 2024. Carney also linked the layoffs to U.S. tariffs and expressed Canada's readiness to negotiate a mutually beneficial trade agreement that respects both countries' sovereignty.
Written locally by qwen2.5:14b on 2026-09-29,
using this article's own text rather than the other coverage of the
same event (that is the story summary below).
Story summary
Stelco Holdings Inc., a major steel manufacturer owned by U.S.-based Cleveland-Cliffs Inc., has announced plans to lay off 350 workers at its Hamilton plant in Ontario. The layoffs are part of a broader strategy to concentrate production at the Lake Erie Works plant in Nanticoke, starting October 9th. United Steelworkers Local 1005 president Ron Wells expects job losses to affect up to 500 employees between both plants due to U.S. tariffs and weak demand. Ontario’s Minister of Economic Development, Vic Fedeli, revealed that the Ford government was informed days before the announcement but emphasized no definitive decisions were made until workers were officially notified. Prime Minister Mark Carney has condemned Stelco's decision as a "betrayal" and vowed to explore legal options against the company for breaching its job-maintenance commitments in Canada.
Written for “Stelco Layoffs Hamilton” on 2026-10-05,
grounded in this article and the 12 other(s) covering the same event.
Prime Minister Mark Carney expressed his disappointment with steelmaker Stelco’s decision to lay off hundreds of workers at its plant in Hamilton, Ont., while also promising his government will explore legal options to oppose what he described as the company’s betrayal of Canadian workers.
asserted
he → express → workers
“We were very disappointed at this decision by Stelco,” said Carney, during a press conference in Vancouver on Tuesday.
asserted
Carney → disappoint → Tuesday
“Our thoughts are with the workers and the families who have been betrayed by the company.”
asserted
who → betray → company
Stelco is owned by Cleveland-Cliffs Inc., an American steel manufacturer based in Ohio.
asserted
Stelco → own → Ohio
The chairman and CEO of the company, Lourenco C. Goncalves, has previously expressed support for U.S. President Donald Trump’s tariffs.
asserted
chairman → express → tariffs
“I would just take note that this situation is caused by the U.S. tariffs, and…the CEO of the ultimate owner of Stelco, Cleveland Cliffs, applauded President Trump for putting those tariffs on,” said Carney.
asserted
Carney → take → tariffs
Cleveland-Cliffs acquired the Hamilton-based Stelco in 2024 for $3.4 billion, after former industry minister François-Philippe Champagne approved the investment with several binding conditions.
asserted
Champagne → acquire → conditions
One of those conditions was to maintain the same number of unionized employees and the vast majority of non-unionized employees that were employed when the transaction was announced for a period of five years.
asserted
transaction → maintain → years
Carney said his government intends to hold Cleveland-Cliffs to those binding obligations that were set out in the approval of the acquisition.
asserted
that → say → acquisition
“The company made representations and has legal obligations for employment,” he said.
asserted
he → make → employment
“We intend to use all powers that we have and pursue them to the full extent of the law.”
asserted
we → intend → law
The layoffs at Stelco come on the heels of trade talks between Canada and the United States breaking down last month.
asserted
talks → come → Canada
There are currently no scheduled meetings to resume negotiations between both parties, although Canada-U.S. Trade Minister Dominic LeBlanc said communication continues with his American counterparts.
asserted
communication → be → counterparts
Section 232 tariffs amounting to 50 per cent remain on Canadian steel and aluminum.
asserted
tariffs → amount → steel
On Monday, Trump said he believes he can strike a trade deal with Canada in the coming weeks and anticipates an apology from Canadian officials.
asserted
he → say → officials
“They’re going to come in, and they’re going to say, ‘Sir, we are sorry’,” he told reporters.
asserted
he → go → reporters
On Tuesday, Trump’s trade adviser Peter Navarro said Canadian lobbyists in Washington should “get the hell out of our country” when he was asked about the Canada trade dispute at an economic conference in Washington.
asserted
he → say → Washington
Carney declined to comment on Tuesday about Trump and Navarro’s remarks.
asserted
Carney → decline → Trump
“It continues to be the case that Canada stands ready to negotiate in good faith what is there, which is a mutually advantageous trade arrangement that respects both our country’s sovereignty,” the prime minister said.
asserted
minister → continue → sovereignty
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