ALGOMA

New investment in Canada's steel industry to create jobs and build a cleaner future

Retrieved on: 
Monday, July 5, 2021
Environmental toxicology, Pollution, Steel, Algoma

By investing in clean technology, we will create good middle class jobs, strengthen our economy, cut pollution, and build back better for all Canadians.

Key Points: 
  • By investing in clean technology, we will create good middle class jobs, strengthen our economy, cut pollution, and build back better for all Canadians.
  • The investment will create 500 well-paying jobs, through the project's construction phase and subcontracting, and will create over 600 new co-op placements for students.
  • It will help Algoma Steel create good middle class jobs and cut pollution, while positioning Canada as a leader in cleaner and greener steelmaking.
  • In 2019, the Canadian steel industry employed over 25,000 workers and contributed $3.8 billion to Canada's gross domestic product.

Government of Canada Endorses Algoma Steel's Transformation Plan for Green Steel

Retrieved on: 
Monday, July 5, 2021
Essar Group, Algoma, Geography of Ontario, ONTARIO

MARIE, ON, July 5, 2021 /PRNewswire/ -Algoma Steel Inc.'s ("Algoma Steel") potential to become the "greenest" flat-rolled steel producer in Canada marked another significant milestone today with the Government of Canada's commitment of up to $420 million in financial support.

Key Points: 
  • MARIE, ON, July 5, 2021 /PRNewswire/ -Algoma Steel Inc.'s ("Algoma Steel") potential to become the "greenest" flat-rolled steel producer in Canada marked another significant milestone today with the Government of Canada's commitment of up to $420 million in financial support.
  • Marie and the province of Ontario, and ensure green steel products are available for inclusion in automobiles, consumer products, and renewed infrastructure that utilizes Algoma steel.
  • Algoma Steel's proposed EAF transformation has the potential to reduce Algoma Steel's carbon emissions by approximately 70%, making the project among the lowest-cost-per-tonne of GHG reduction in Canada.
  • Algoma is a key supplier of steel products to customers in Canada and Midwest USA and is the only producer of plate steel products in Canada.

Algoma Central Corporation Reports Operating Results for the Year Ended December 31, 2020

Retrieved on: 
Friday, February 26, 2021
Maritime, Transport, Logistics, Supply chain management, Other Transport, Algoma, Geography of Ontario

Algoma Central Corporation (Algoma or the Company) (TSX: ALC), a leading provider of marine transportation services, today announced its results for the year ended December 31, 2020.

Key Points: 
  • Algoma Central Corporation (Algoma or the Company) (TSX: ALC), a leading provider of marine transportation services, today announced its results for the year ended December 31, 2020.
  • Algoma is reporting very strong financial results for 2020, a year in which a global pandemic introduced a number of economic and operating challenges.
  • Algoma, along with others in the industry, was deemed an essential service and the Company operated throughout the pandemic.
  • Fiscal 2020 business highlights include:
    A favourable mix of trades coupled with strong freight rates drove higher results in the Domestic Dry-Bulk segment.

Ontario Long-Term Care COVID-19 Crisis: 100 Organizations Send Clear Message to Premier Ford, This is an Emergency, We Need Action Now

Retrieved on: 
Friday, January 22, 2021
Canadian Labour Congress, Canadian Union of Public Employees, International Transport Workers' Federation, Public Services International, Government of Ontario, Trade unions, Federations, COVID-19 pandemic in Canada

Families with loved ones in long-term care homes across Ontario shared their experiences of woefully inadequate staffing resulting in unsafe care levels.

Key Points: 
  • Families with loved ones in long-term care homes across Ontario shared their experiences of woefully inadequate staffing resulting in unsafe care levels.
  • The Ontario Government must take immediate action to increase staffing in long-term care homes to meet residents care needs and the ongoing challenges which have arisen during the pandemic.
  • We stand with everyone in Ontario to demand better staffing conditions, increased staffing and a better quality of life for those in long-term care.
  • Canadian Union of Public Employees Ontario (CUPE Ontario): CUPE Ontario demands immediate action by the Ford government to improve the time to care in long-term care homes.