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Global Trade Alert

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Canada: National and Ontario governments announced state aid to Algoma Steel Inc

Description

On 29 September 2025, the government of the province of Ontario announced it would provide an additional CAD 100 (USD 71.82) million in state aid to Algoma Steel Inc. State aid will take the form of a...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

29 Sep 2025

Revocation date

No revocation date

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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