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Carney says Cleveland-Cliffs making ‘mistake’ by not respecting obligations
Carney says Cleveland-Cliffs making ‘mistake’ by not respecting obligations
Prime Minister Mark Carney said Thursday that Cleveland-Cliffs' would be making a "mistake" by not respecting its obligations and commitments after it began laying off workers.
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Carney says failing to honour Stelco commitments would be a ‘mistake’
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Carney says failing to honour Stelco commitments would be a ‘mistake’
Prime Minister Mark Carney responded Thursday to questions about Cleveland-Cliffs’ takeover of Stelco as Ottawa weighs legal action over layoffs affecting up to 500 steel workers. Asked whether approving the acquisition was a mistake, Carney said, “The mistake here would be Cleveland-Cliffs not respecting the obligations, the commitments that they made in the acquisition.” The company denies breaching its agreement with Ottawa, which includes employment commitments until 2029.
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Carney says failing to honour Stelco commitments would be a ‘mistake’
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Ottawa to invest up to $1.6B in Canadian AI firm Cohere
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