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May 02.2025
3 Minutes Read

How Algoma Steel’s Onshoring Strategy Confronts US Tariffs

Algoma Steel raw plates on freight train under blue sky.

Algoma Steel's Strategic Shift: Embracing Innovation Amid Tariffs

As the fluctuations of U.S. tariffs loom large over the steel industry, Algoma Steel, based in Sault Ste. Marie, is not just weathering the storm but is shifting its strategy towards onshoring plate production. This pivotal change positions the company as a crucial player against the backdrop of increased tariffs and fluctuating trade relations.

Understanding the Tariff Landscape: Impacts on Algoma Steel

The U.S.-Canada trade war has introduced a 25% tariff on Canadian steel, severely impacting Algoma Steel's profitability. This tariff means that every ton of plate and coiled steel shipped to the U.S. incurs additional expenses, which totaled over $10 million for the company in the first quarter of the year alone. With a reported net loss of $24.5 million compared to a profit in the same quarter last year, Algoma Steel’s CEO Michael Garcia has pointed to these tariffs as a key factor contributing to the company's financial challenges.

Financial Resilience Plans Amidst Trade Crisis

Despite these difficulties, Algoma Steel is gearing up to enhance its production capabilities. The company's transition to an electric arc furnace represents a significant modernization effort, which Garcia estimates will allow the company to ramp up plate production to over 650,000 tons annually. As demand from Canadian consumers grows, especially in sectors such as infrastructure and military procurement, the shift to more sustainable production methods could help place Algoma Steel in a competitive position.

Collaborative Efforts: Teaming Up for Future Growth

In an effort to bolster its market position, Algoma has aligned itself with the coalition known as Team Vigilance, which includes various Canadian manufacturers. This partnership focuses on strengthening Canadian shipbuilding and the defense supply chain, showcasing the collective efforts of stakeholders to solidify the domestic steel market against foreign competition. Garcia expresses optimism that Ottawa’s emphasis on investment in these sectors will bolster demand for Algoma's steel plates further.

Looking Towards the Future: A Balanced Approach to Challenges

Garcia remains confident despite the competitive landscape presented by offshore producers from countries like Taiwan and Turkey. Algoma has dramatically enhanced its share of the Canadian steel market, leveraging its unique position as the sole domestic plate producer. With a projection to reach nearly 100,000 tons in plate shipments heading into the next quarter, the company is focused on growth while navigating the complexities of international tariffs and fluctuating demand.

The Broader Economic Picture: Tariffs and Opportunities

The broader economic implications of these tariffs extend beyond Algoma Steel. As Canadian consumers face higher prices for steel, the government and industry leaders are urged to consider policies that protect local production capabilities. Investing in infrastructure and military projects not only benefits companies like Algoma but also fuels the wider economy by creating jobs and enhancing national security.

Conclusion: Taking Practical Steps for Success

Algoma Steel’s evolution reflects the resilience and adaptability required of local manufacturers in today’s turbulent trade environment. As the company enhances its production processes and builds strategic partnerships, it highlights the importance of strong domestic industries for the future of Canadian manufacturing. To stay informed on industry developments and support local businesses, consider connecting with initiatives that promote Canadian production.

Michigan Jobs Success

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10.07.2025

WiHERed Day: A Celebration of Women Leaders and Entrepreneurs in Michigan

Update Celebrating the Spirit of Women Entrepreneurs: WiHERed Day in Michigan Michigan is setting an inspiring example by declaring October 4 as "WiHERed Day," a tribute to the women leaders and entrepreneurs who are shaping the economic landscape of the state. Governor Gretchen Whitmer's proclamation serves as a powerful reminder of the resilience and innovation of women who are not only launching businesses but also championing the growth of their communities. The Vision Behind WiHERed At the helm of this movement is Dr. Kay Ready, who leads the WiHERed organization with a vision to empower 5,000 women globally. Starting locally in Michigan, WiHERed aims to provide critical support and resources that activate women’s potential across various sectors. The organization’s mission encompasses not just real estate but extends to multiple industries, promoting a network of support that allows women to thrive in their respective fields. Bridging Connections: Empowerment Through Networking A major highlight of WiHERed Day is the event set to unfold at the Wayne County Community College District. Here, women leaders will gather to network, share experiences, and bolster each other's leadership journeys. The event epitomizes the essence of community and encouragement that WiHERed strives to foster – creating a space where women can exchange knowledge and build powerful connections that lead to future opportunities. The Economic Impact of Empowering Women As referenced by "Women We Admire, the Top 50 Women Leaders of Michigan for 2025", the contributions of women to Michigan's economy are substantial. From automotive to healthcare, women are pioneering new avenues and breaking glass ceilings. Celebrating WiHERed Day underscores the importance of recognizing these leaders and their roles in driving economic growth amidst challenges. It highlights how women's empowerment not only benefits individual entrepreneurs but also strengthens the entire community. Resilience, Leadership, and Innovation The proclamation of WiHERed Day serves as an acknowledgement of women who rise above societal limitations. Their stories of overcoming adversity to create successful businesses and community programs resonate powerfully. According to the declaration, these women are catalysts for change – transforming lives through their leadership, creativity, and dedication. Such recognition is vital in motivating the next generation of leaders to follow suit and contribute to a diverse leadership landscape. Inspiring Future Generations As the WiHERed Day celebrations unfold, it is crucial to draw attention to the legacy being created. The initiative serves as a beacon of hope for young women aspiring to become influential leaders in their own right. By showcasing successful women from various fields, WiHERed is paving the way and inspiring future generations to aim high and take on leadership roles. A Call to Action: Supporting Women’s Initiatives As Michigan residents commemorate WiHERed Day, there’s an opportunity for everyone to participate in supporting women's initiatives. Whether it's through participation in local events, mentorship, or simply spreading awareness, each action contributes to the broader goal of empowering women. Engaging in these initiatives promotes an inclusive community and supports the economic development of the state. In the spirit of WiHERed Day, let’s commit to fostering a culture that recognizes and uplifts women leaders. Doing so not only enhances our communities but also transforms the economic fabric of our lives, ensuring a brighter and more equitable future for all.

10.06.2025

Ontario’s Approach to Consultation on Special Economic Zones Sparks Debate

Update Ontario's Commitment to Indigenous Consultation: What Lies Ahead Ontario Indigenous Affairs Minister Greg Rickford recently reassured the public that the province is committed to thorough consultation with First Nations before progressing with the Special Economic Zones as outlined in Bill 5, the Protect Ontario by Unleashing Our Economy Act. During an interview, Rickford emphasized that no actions will be taken under this bill until genuine consultations have taken place. "There will be no implementation of any aspect of Bill 5 until it is thoroughly consulted," he stated, highlighting that the commenting period for the draft criteria is open until November 16. Understanding the Special Economic Zones in Bill 5 Bill 5 has garnered substantial criticism from Indigenous groups and environmentalists, concerned that its implementation could undermine treaty rights and environmental protections. This legislation aims to hasten the approval process for significant infrastructure and resource projects deemed critical for Ontario's economic future, like the mineral-rich Ring of Fire area in the north. Critics argue that these projects risk disregarding important Indigenous rights and the provincial duty to consult. The government has stated that the Special Economic Zones should be deployed only in situations deemed critically necessary for the province's economy or security, yet many think these assurances are inadequate. The Concerns of Indigenous Leaders Indigenous leaders across Ontario have been vocal against Bill 5, asserting that the government's consultations have often fallen short of the expected engagement. Many report that invitations to consultation sessions were not broadly disseminated, leading to significant parts of their communities feeling excluded from the discussion. Government officials, including Economic Development Minister Vic Fedeli, maintain that every Indigenous community—the province has over 130—received invitations, but the actual turnout was limited. This disconnect has raised questions about whether the provincial government can genuinely fulfill its duty to consult. A Closer Look at Consultation Processes During the consultation sessions held in cities including Toronto and Thunder Bay, discussions were closed to the public, contrasting with standard legislative meetings that allow public attendance. This lack of transparency has drawn criticism from various Indigenous representatives expressing that such processes negate the essence of meaningful consultation. Feedback from these sessions is mentioned as partially informing the draft criteria, yet many Indigenous groups, such as the Nishnawbe Aski Nation, have called for stronger acknowledgments of their rights in the regulations. Bill 5 vs. Indigenous Rights: Balancing Economic Development and Rights Protection The proposed Special Economic Zones grant extensive decision-making authority to cabinet members about which projects can be exempted from standard regulations. This model has raised alarms about the potential for political influence trumping local Indigenous interests. Critics argue the decision-making process lacks adequate safeguards ensuring Indigenous rights are respected. Historical discontent surrounding similar legislation emphasizes the need for regulations that explicitly recognize the rights of First Nations and codify free, prior, and informed consent. It opens up discussions about achieving a balance between economic development and rights protection. The Future: Opportunities for Ongoing Engagement Minister Rickford reassured that ongoing dialogues with communities will persist even after the regulations are finalized, indicating that there will be ample opportunities for future engagements. He also acknowledged positive follow-up discussions with some communities, suggesting that there exists an interest among certain First Nations to explore how the bill could benefit their communities. However, this must be tempered with assurances of a process that respects Indigenous governance and rights. Moving Forward: Empowering First Nations Voices The blueprint for developing Special Economic Zones in Ontario stands as a contentious junction between economic interests and Indigenous rights. The next steps involve not only public feedback but also substantive commitments from the Ontario government to integrate Indigenous voices meaningfully in future planning. With the consultation period running until mid-November, this could be a pivotal moment for both the province and Indigenous communities. Policies developed out of this consultation should reflect the legal necessity to consult First Nations while fostering a responsible approach to economic development that is inclusive and fair. As stakeholders brace for the future, it is crucial that the dialogue continues and evolves to empower Indigenous communities, ensuring their rights and voices are not only heard but embedded in the very framework of Ontario's economic strategies. The outcome of this consultation could shape a more equitable relationship between the provincial government and Indigenous peoples, pivotal for the success of Ontario’s development goals.

10.05.2025

Sudbury Welcomes Daily Propair Air Service to Ottawa and Montreal

Update A New Era for Sudbury's Connectivity Greater Sudbury is on the cusp of a transformative moment in its transportation landscape. Starting on October 27, 2025, Propair, a regional air carrier with a rich history, will introduce daily flights to and from two of Canada’s bustling cities: Ottawa and Montreal. This addition promises to enhance not only connectivity but also business opportunities for the local economy. Meeting the Demand with Strategic Timing The announcement from Propair comes as a timely response to the increasing demand for direct routes from Sudbury, especially to major metropolitan areas. With morning departures and evening returns, travelers can now complete a day of business in either capital city before returning home—an essential service in today’s fast-paced corporate world. Justin Lemieux, CEO of Propair, emphasized that this service is designed to fill a notable gap in the market, stating, "Expanding the connection between Quebec and these key Ontario cities is intended to support Sudbury businesses in their travel, business relations, and service offerings within these dynamic economic centres." The Business-Travel Experience Redefined Offering a unique approach to air travel, Propair will use fixed base operator (FBO) terminals in Ottawa, Montreal, and Quebec City. This initiative is set to deliver a streamlined travel experience that prioritizes efficiency. Travelers can expect quicker boarding times and a higher level of personalized service, making their journeys more enjoyable and less stressful. Compared to traditional airline experiences, Propair's setup will likely appeal to business professionals seeking comfort without sacrificing their valuable time. Economic Growth on the Horizon This new service represents more than just a transportation opportunity; it's a chance for economic growth within the Greater Sudbury area. With improved access to Ottawa and Montreal, local businesses stand to gain a competitive edge. Propair’s commitment to supporting Sudbury's economy resonates with Giovanna Verrilli, CEO of Greater Sudbury Airport, who noted, "Ottawa and Montreal are two of the most highly requested destinations for our community, and we are thrilled to see Propair respond to this demand." This alignment of air travel and business needs could catalyze more collaborations and investments in the region. A Comparison with Other Airlines Propair's introduction into Sudbury's airspace complements existing services offered by notable airlines such as Air Canada and Bearskin Airlines. Air Canada recently increased its seat capacity and flight frequency between Sudbury and Toronto, further underscoring the region's growing significance within Canada's air travel network. Propair’s flights, however, provide a distinctly different experience tailored towards business travelers who prefer shorter travel times and increased convenience. Towards a More Accessible Sudbury The establishment of a reliable air service to Ottawa and Montreal also highlights Sudbury's commitment to becoming a more accessible locale for professionals from major urban centers. The increased ease of travel could promote tourism, encourage new businesses to enter the market, and facilitate enhanced cultural exchanges. As travel becomes more accessible, the community can expect to thrive from the influx of resources and talent. Conclusion: Embracing Opportunities With the launch of Propair's new flight routes, residents of Sudbury and the surrounding areas are invited to embrace a new era of connectivity that not only champions local business but also strengthens partnerships across the region. By ensuring that travel options meet the demands of today’s business environment, Sudbury positions itself as a competitive hub for innovation and growth. Explore the booking options available through Propair to experience the convenience and potential this new service offers.

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