Ottawa Gives Stelco’s US Owner 5 Business Days to Present Jobs Plan

Ottawa has given Cleveland-Cliffs, the U.S. parent company of Stelco, five business days to explain how it will uphold Canadian employment commitments. This action follows Stelco’s announcement of layoffs affecting up to 500 workers due to the idling of its Hamilton plant’s finishing operations. Industry Minister Mélanie Joly expressed extreme disappointment and warned of potential legal measures, citing violations of binding employment commitments made during the acquisition approval.

• Ottawa is giving Cleveland-Cliffs five business days to explain its plan for Canadian employment commitments.
• Stelco, owned by Cleveland-Cliffs, announced layoffs affecting up to 500 workers.
• The layoffs are linked to the indefinite idling of finishing operations at the Hamilton plant.
• Industry Minister Mélanie Joly expressed extreme disappointment and warned of potential legal action.
• The government alleges the layoffs violate binding employment commitments made during the acquisition of Stelco.