Canada needs a steel strategy
[...]Canadian steel mills are close to iron ore mines and to North America's steel consumers. Ottawa's lack of response to U.S. Steel is not only deeply disappointing to Hamilton steelworkers; it sets a terrible precedent for other foreign-owned enterprises in Canada. Since foreign investo...
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Published in | National post (Toronto) |
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Main Authors | , |
Format | Newspaper Article |
Language | English |
Published |
Don Mills, Ont
Postmedia Network Inc
06.11.2013
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Subjects | |
Online Access | Get full text |
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Summary: | [...]Canadian steel mills are close to iron ore mines and to North America's steel consumers. Ottawa's lack of response to U.S. Steel is not only deeply disappointing to Hamilton steelworkers; it sets a terrible precedent for other foreign-owned enterprises in Canada. Since foreign investors recently took over every Canadian steel mill under the Investment Canada Act, the federal government's willingness to enforce this legislation is crucial to the industry's future. |
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ISSN: | 1486-8008 |