Canada minister Joly says government can force Cleveland-Cliffs to sell Canadian assets

Canada's industry minister Mélanie Joly said the government has the power to force Cleveland-Cliffs to sell its Canadian steel assets, escalating a dispute over planned cuts of up to 500 Ontario jobs. Joly said the 2024 Stelco deal required five years of job protection; the company blames Trump's 50% steel tariffs.

Detected & updated continuously · Source: Nebula