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Algoma Steel Announces Over 1,000 Layoffs Amid Tariffs and Transition

  Reeling from high tariffs imposed by U.S. President Donald Trump, Algoma Steel confirmed Monday it has issued layoff notices to about 1,000 workers.  Algoma Steel, a major employer in Sault Ste. Marie, Ontario, has confirmed plans to lay off more than 1,000 workers in the coming months. The company issued 1,050 layoff notices as part of its decision to shut down its blast furnace and coke oven operations, accelerating its transition to electric arc furnace (EAF) technology. The layoffs, expected to take effect by March 23, 2026 , come as Algoma faces mounting financial pressures. The company reported nearly half a billion dollars in losses last quarter and cited “unprecedented tariffs” imposed by the United States as a key factor in reshaping its competitive landscape. Union leaders from United Steelworkers Locals 2724 and 2251 confirmed the layoffs, noting that while the workforce had anticipated job reductions tied to the EAF transition, the U.S. tariffs accelerated ...
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Black Friday Shoppers Warned to Be Wary of Deals


 As Black Friday approaches, experts are urging shoppers to be cautious of deals that seem too good to be true. With the shopping frenzy in full swing, it's easy to get caught up in the excitement and make impulsive purchases.

Consumer Reports advises shoppers to do their homework and compare prices across multiple retailers before making a purchase. Many deals advertised as "doorbusters" may not be as great as they appear, and some prices may have been inflated before being discounted.

Shoppers are also encouraged to set a budget and stick to it, focusing on necessary items rather than succumbing to impulse buys. Using price-tracking apps and tools like PayPal Honey can help identify genuine deals and avoid being misled by marketing tactics.

As Black Friday sales kick off, staying informed and vigilant can help shoppers make the most of their money and avoid buyer's remorse.




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