Trump’s ‘tariff shock’ forced layoffs: Algoma Steel CEO
Algoma Steel CEO Michael Garcia says tariffs imposed by the United States have effectively “closed off” the U.S.…
Algoma Steel is cutting 1,000 jobs. So why did it receive millions from the government?
Back in September, the federal government boasted it was acting “to protect Canadian steel jobs,” with its announcement…
Switzerland is still the No. 1 location for wealth after voters reject a tax on the ultrarich
Switzerland is doubling down on its status as a rich-friendly haven after rejecting a tax on the ultrawealthy.…
World economy is forecast to grow
WASHINGTON — The world economy has proven surprisingly durable in the face of U.S. President Donald Trump’s trade…
Why Canada’s productivity might not be as terrible as you think
Canada’s productivity crisis might not be as dire as thought after Statistics Canada significantly revised its gross domestic…
More job losses could be on the horizon as ripple effect kicks in
Breadcrumb Trail Links NewsLocal News Small and medium size businesses, charities all to feel the pinch from Algoma…
Israel’s economy set for strong rebound, OECD says
After two years of multi-front war, the OECD presents an unexpectedly optimistic outlook for the Israeli economy: a…
New data shows Nigeria cutting fuel imports and scaling clean transport investments
The country’s installed refining capacity now stands at 1.125 million barrels per day, although operational utilisation is 61.58…
Tariff impact starting to hit, could cause reduced headcount in 2026
President Donald Trump‘s tariffs, aimed at reshoring American jobs lost to overseas manufacturing, could end up lowering domestic…
Record shoppers, online sales surge signal strong US holiday season momentum
Dec 2 (Reuters) – U.S. shoppers spent $14.25 billion on Cyber Monday, pushing total online sales over the…
Algoma Steel highlights new strategy after layoffs as it looks to lower costs – Toronto Star
Algoma Steel highlights new strategy after layoffs as it looks to lower costs Toronto StarOntario-based Algoma Steel makes ‘difficult…
Algoma Steel to lay off 1,000 workers over ‘unprecedented tariffs’
Descrease article font size Increase article font size Algoma Steel said Monday that it plans to lay off…