The Aporia
Industry Minister Mélanie Joly wrote a letter on Monday to Stelco president Paul Simon demanding that the company present within five days a plan to maintain jobs as promised during Cleveland-Cliffs' 2024 takeover of Stelco, or face legal action. The government had approved Cleveland-Cliffs' acquisition under conditions that included maintaining at least the same number of unionized employees and most non-union workers employed when the deal was announced. Joly expressed "extreme disappointment" over Stelco's plan to lay off up to 500 steelworkers in Hamilton and Lake Erie operations due to U.S. tariffs and market pressures. Joly emphasized that these conditions are binding, despite Cleveland-Cliffs CEO Lourenco Goncalves' support for the same tariffs he claims are forcing layoffs.
cannot use the trade war to justify cutting jobs it committed to when it bought the Hamilton, Ont.-based steel plant