EconomyOttawa warns Stelco’s U.S. owner of legal action over planned layoffs

Industry Minister Mélanie Joly warns that Stelco’s American owner could face legal action and be required to sell its Canadian operations if it fails to meet job commitments. The warning comes as layoffs are planned and U.S. tariffs on Canadian steel are steep. Drew Fagan says Ottawa’s response could set a precedent for other foreign owners.