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Algoma Steel Announces Over 1,000 Layoffs Amid Tariffs and Transition

  Reeling from high tariffs imposed by U.S. President Donald Trump, Algoma Steel confirmed Monday it has issued layoff notices to about 1,000 workers.  Algoma Steel, a major employer in Sault Ste. Marie, Ontario, has confirmed plans to lay off more than 1,000 workers in the coming months. The company issued 1,050 layoff notices as part of its decision to shut down its blast furnace and coke oven operations, accelerating its transition to electric arc furnace (EAF) technology. The layoffs, expected to take effect by March 23, 2026 , come as Algoma faces mounting financial pressures. The company reported nearly half a billion dollars in losses last quarter and cited “unprecedented tariffs” imposed by the United States as a key factor in reshaping its competitive landscape. Union leaders from United Steelworkers Locals 2724 and 2251 confirmed the layoffs, noting that while the workforce had anticipated job reductions tied to the EAF transition, the U.S. tariffs accelerated ...
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Global IT Outage Grounds Porter Flights in Toronto

 

Porter Airlines has been forced to cancel all flights until at least noon today due to a global IT outage affecting multiple industries. The disruption, which began early this morning, has caused significant delays and cancellations for passengers traveling through Toronto.

The issue stems from a malfunction in the Falcon Sensor software by cybersecurity firm Crowdstrike, which has led to widespread crashes of Microsoft Windows systems. As a result, Porter Airlines’ operations have been severely impacted, with passengers unable to rebook flights until the systems are back online.

Toronto’s Pearson Airport has reported varying impacts across different airlines, with some American carriers also experiencing disruptions. Despite the challenges, essential services such as the city’s 911 and paramedic systems, as well as the TTC’s signal and safety systems, continue to operate normally.

Porter Airlines has advised passengers to expect further delays and cancellations as they work to resolve the issue and rebook affected flights over the coming days. The airline is urging travelers to stay updated through their official channels for the latest information.



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