Millions of Dollars for Algoma Steel Loan Is a Matter of Sovereignty: Hajdu - MRO Magazine

Millions of dollars for Algoma Steel loan is a matter of sovereignty: Hajdu - MRO Magazine

Algoma Steel Group Inc. is set to receive half a billion dollars in government loans to help it reorient its business away from the United States as the federal government argues supporting the domestic steel industry is a matter of Canadian sovereignty. Ottawa’s $400 million in financial assistance will come from the Large Enterprise Tariff Loan program, a $10-billion tariff relief fund set up in March. The Ontario government will also provide …

Algoma Steel receives 'vitally important' $500-million loan

Ottawa ready to 'meet the moment' in protecting tariff-stricken Canadian steel, says Patty Hajdu

Millions of dollars for Algoma Steel loan is a matter of sovereignty: Hajdu – 105.9 The Region

OTTAWA — Algoma Steel Group Inc. is set to receive half a billion dollars in government loans to help it reorient its business away from the United States as the federal government argues supporting the domestic steel industry is a matter of Canadian sovereignty. Ottawa’s $400 million in financial assistance will come from the Large Enterprise Tariff Loan program, a $10-billion tariff relief fund set up in March. The Ontario government will also…