Bisnis · Steel jobs
Ottawa Threatens Legal Action as Stelco Layoff Notices Reach Workers
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The government says its commitments include maintaining the same level of unionized workers.
Cleveland Cliffs had committed to keeping employment levels steady for five years.
A 2024 agreement associated with Cleveland-Cliffs’ purchase of Stelco required the company to maintain the same number of unionized jobs in Canada for five years.
Conalves said Stelco's employment undertakings do not require it to maintain the same employment level every day for five years.
Stelco denied breaking promises associated with its sale in 2024 and said the situation was beyond its control.