Algoma Steel: Ottawa et l’Ontario avisés des mises à pied avant le prêt d’un demi-milliard
Le Droit
AI Article Summary
Algoma Steel announced it has notified 1000 employees of layoffs at its plant in Sault Ste. Marie, Ontario. This affects more than a third of its total workforce. These announcements come ahead of a significant federal loan.
What This Means for Canadian Contractors
This project illustrates how economic factors can lead to tough decisions even before securing financial support. For Canadian builders, this may mean increased planning around supply chains and workforce management, especially with potential cost and schedule adjustments.
