With regard to the claims by Algoma Steel that the government knew the company would lay off employees in Sault Ste. Marie before it agreed to provide $400 million in loan assistance: (a) on what date did the government first become aware that Algoma Steel's business plan included layoffs in Sault Ste. Marie; (b) on what date did the government agree to provide $400 million in loan assistance; and (c) did the government negotiate any job guarantees with Algoma Steel prior to providing the $400 million loan, and, if so, what are the details of any such guarantees?
Q-643 , 45th Parliament, 1st session May 26, 2025, to present
Question details
Asked by
Jim Bélanger
(Sudbury East—Manitoulin—Nickel Belt)
Date asked
December 3, 2025
Answered
January 26, 2026
Response from
Department of Finance
Topics
Response details
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