Announcement
29 Sep 2025
In September 2025, the Canadian federal government and the government of the provincen of Ontario announced state aid to Algoma Steel Inc to mitigate the impact of elevated U.S. tariffs.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
29 Sep 2025
Revocation date:
No revocation date
Updated: 30 Sep 2025
State loan
In force
Recent update from 30 Sep 2025:
On 29 September 2025, the federal government of Canada announced a CAD 400 (USD 287.27) million loan to Algoma Steel Inc through the Large Enterprise Tariff Loan (LETL) facility. The support is pro...
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Updated: 30 Sep 2025
State loan
In force
Recent update from 30 Sep 2025:
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 o...
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