# Canada exploring nationalization of Stelco, industry minister says

https://mins.news/en/item/103655

- Reuters, 2026-10-16 19:40 UTC
- Economy
- Original: https://www.reuters.com/business/canada-exploring-stelco-nationalization-industry-minister-says-2026-10-16/?link_source=ta_bluesky_link&taid=6ad27d9e81b9480001ba5b84

> Canada is considering all options under the Investment Canada Act, including nationalizing steelmaker Stelco, Industry Minister Melanie Joly said Friday in Toronto. Stelco is owned by US-listed Cleveland-Cliffs.

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- [Ottawa warns Stelco’s U.S. owner of legal action over planned layoffs](https://mins.news/en/video/104623) — Global News, 2026-10-17
- [Federal government should take over Stelco, Hamilton union leader says](https://mins.news/en/item/103155) — CBC News, 2026-10-16
- [Canada minister threatens to force Cleveland-Cliffs to sell assets](https://mins.news/en/item/100709) — Bloomberg News, 2026-10-15
