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Canada

Ottawa pledges $400M in financial aid for Algoma Steel as tariffs pummel sector

September 29, 2025
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A worker is shown in a blue outfit and blue hardhat walking along a pathway with yellow railings in a factory. The word "ALGOMA" is visible on a large blue machine in the background.

The federal government announced a $400-million financial support for Algoma Steel under its large enterprise tariff relief scheme, Jobs Minister Patty Hajdu said on Monday.

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