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1 result(s) for “Investment Canada Act”

Business & Industry · Oct 12, 2026

Ottawa threatens legal action as Stelco proceeds with layoffs at Hamilton plant

Stelco has begun issuing layoff notices at its Hamilton steelworks even after the federal industry minister gave the company five business days to present a compliance plan under the Investment Canada Act. The dispute raises fresh questions about foreign ownership, trade policy and enforcement tools for protecting Canadian jobs.