Announcement
10 Jan 2019
The Canadian federal government and the provincial government of Ontario will provide an array of repayable contributions and a loan to this steelmaker.
Source
Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
Implementation date
10 Jan 2019
Revocation date:
No revocation date
In addition, the Ministry of Energy, Northern Development and Mines of the government of Ontario will provide a Can.$60 million (U.S.$45.5 million) loan.
On January 10, 2019, Algoma Steel Inc. announced that it had secured support from both the federal government of Canada and the provincial government of Ontario for its Sault Ste. Marie steel sheet...
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