Canada Gives Cliffs 15 Days on Job Cuts

Ottawa has given Cleveland-Cliffs fifteen days to reverse planned job cuts at an Ontario steel mill. Failure to comply could result in court action and daily fines.

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FILE PHOTO: Smoke exits the Stelco Hamilton Works steel mill, owned by Cleveland-Cliffs, in Hamilton, Ontario, Canada, August 24, 2026. REUTERS/Carlos Osorio/File Photo

Canada gave CLEVELAND-CLIFFS INC 15 days to reverse planned job cuts at an Ontario steel mill or face forced divestiture and daily fines of C$10,000.

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