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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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Canada and EU Forge Strategic Alliance Amid Global Arms Race


In a rapidly shifting geopolitical landscape, Canada and the European Union (EU) are strengthening their defense ties to address growing security concerns. This collaboration aims to bolster each other's military capabilities and reduce reliance on traditional allies, particularly the United States.

The partnership comes as Europe accelerates its rearmament efforts in response to heightened threats from Russia. Canada, with its robust defense manufacturing sector, is poised to play a pivotal role in this alliance. Canadian firms are expected to contribute to the production of European fighter jets, military equipment, and advanced technologies, marking a significant shift in Canada's defense strategy.

For Canada, this partnership offers an opportunity to diversify its defense exports and integrate into European supply chains. The EU, on the other hand, benefits from Canada's expertise in areas such as aerospace, naval defense, and cybersecurity. This collaboration underscores a mutual commitment to enhancing transatlantic security and addressing shared challenges.

As the global arms race intensifies, this alliance signals a strategic recalibration of military partnerships, reflecting the evolving dynamics of international relations.



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