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Algoma Steel to Create 500 Jobs Amid Restructuring

12/9/2025

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Story summary
  • Algoma Steel plans to open two new divisions and create 500 jobs by 2026.
  • This is part of Prime Minister Mark Carney's nation-building initiatives.
  • Industry Minister Mélanie Joly announced these commitments after meeting with union representatives in Sault Ste. Marie, Ontario.
  • Algoma Steel laid off over 1,000 workers as the company shifts to a more efficient production system.
  • The government is developing a retraining program for affected workers.