Canada will do all it can to ensure Cleveland-Cliffs meets obligations, Carney says
The federal government says it will use all legal powers to hold Cleveland-Cliffs to five-year employment commitments after layoffs of up to 500 workers.
- On Tuesday, Canadian Prime Minister Mark Carney vowed to pursue legal action against Cleveland-Cliffs, accusing the company of violating employment commitments after announcing layoffs at its Ontario steel plant.
- The Canadian government approved Cleveland-Cliffs' C$3.4 billion takeover of Stelco in October 2024 on the condition that it maintain staffing levels for five years, protecting both unionized and non-unionized employees.
- Cliffs announced Monday that it is laying off up to 500 workers at Hamilton and Nanticoke, citing survival needs during a trade war featuring 50% tariffs imposed by President Donald Trump.
- Ottawa had offered financial assistance to preserve jobs, but the company rejected these proposals, prompting Carney to say workers "have been betrayed by the company."
- Legal experts note that enforcing the Investment Canada Act depends on undisclosed agreement details, though United Steelworkers Local 1005 president Ron Wells, citing only 46 Nanticoke openings, is pushing for Ottawa to hold Cliffs accountable.
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17 Articles
Stelco 'betrayed' Ontario workers with layoffs, Carney says
Prime Minister Mark Carney says Canada will 'use all the powers that we have' to ensure that Stelco meets its 'legal obligations for employment.' The company, which is owned by U.S.-based Cleveland-Cliffs, announced plans on Monday to idle some production at its Hamilton plant, putting hundreds of workers out of a job.
My Mother Lode
Carney accuses US steelmaker of betraying Canadian workers after layoffs tied to Trump tariffs
TORONTO (AP) — Canadian Prime Minister Mark Carney accused the U.S. owner of steelmaker Stelco, a subsidiary of Cleveland-Cliffs, of betraying Canadian workers Tuesday after it announced layoffs it attributed in part to U.S. President Donald Trump’s tariffs — tariffs Cleveland-Cliffs’ chief executive has publicly championed. Carney singled out Cleveland-Cliffs CEO Lourenco Goncalves, noting that...
Carney accuses Stelco owner of betraying workers after tariff-linked layoffs
Mark Carney accused Stelco's US owner of betraying workers after announcing tariff-linked layoffs. The clash raises legal and political stakes around takeover job commitments and the Canada-US steel dispute.
The Tribune-Democrat
Washington TimesCarney accuses U.S. steelmaker of betraying Canadian workers after layoffs tied to Trump tariffs
Canadian Prime Minister Mark Carney accused the U.S. owner of steelmaker Stelco of betraying Canadian workers after it announced layoffs it attributed in part to U.S. President Donald Trump’s tariffs – tariffs Cleveland-Cliffs’ chief executive has publicly championed.
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