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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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Trudeau Pledges Military Support and Seized Russian Funds to Ukraine on Invasion Anniversary

On the third anniversary of Russia's invasion of Ukraine, Canadian Prime Minister Justin Trudeau made a significant pledge of support to the embattled nation. During his visit to Kyiv, Trudeau announced that Canada would provide 25 light armoured vehicles to Ukraine, along with $5 billion in funds sourced from seized Russian assets.

Trudeau's visit to Kyiv was part of a larger summit attended by a dozen world leaders, all of whom gathered to show solidarity with Ukraine. In his remarks, Trudeau emphasized that Russia's invasion was an attempt to "erase Ukrainian history and expand their empire". He also highlighted Canada's commitment to helping Ukraine with energy security, as the country continues to face attacks on its power grid by Russian forces.

While Trudeau's speech did not address Ukraine's potential membership in the NATO military alliance, he reiterated the importance of Ukraine having a direct role in any negotiations to end the war. The summit proceeded despite the backdrop of an audible air-defense siren, underscoring the ongoing conflict and the urgency of international support.

This latest pledge from Canada reflects a continued commitment to supporting Ukraine in its fight for sovereignty and stability. Trudeau's visit and the accompanying military and financial aid signal a strong stance against Russian aggression and a dedication to upholding international peace and security.



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