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Labour boss lambastes Algoma Steel over executive bonuses

Marty Warren says Algoma’s $6.82 million CEO package is out of step as the company prepares to lay off more than 1,000 workers.

Summary by SooToday.com
Algoma Steel’s executive pay practices are under renewed scrutiny after SooToday revealed former CEO Michael Garcia got a $6.82-million compensation package during a year in which the steelmaker lost almost $1 billion

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SooToday.comSooToday.com
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SudburySudbury
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Labour boss lambastes Algoma Steel over executive bonuses

Algoma Steel’s executive pay practices are under renewed scrutiny after SooToday revealed former CEO Michael Garcia got a $6.82-million compensation package during a year in which the steelmaker lost almost $1 billion

·Sault Ste. Marie, Canada
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Northern Ontario BusinessNorthern Ontario Business

Labour boss lambastes Algoma Steel executive bonuses

Algoma Steel’s executive pay practices are under renewed scrutiny

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SooToday.com broke the news in Sault Ste. Marie, Canada on Thursday, June 18, 2026.
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