Joly says Stelco still planning mass layoffs, gives business 2 weeks to reverse or face legal action
Industry Minister Melanie Joly has given Stelco 15 days to make good on its agreements with the Canadian government or face legal action.
Energy & Commodities
Singapore firm set to buy shut Yukon mine for $140M, promises $1.4B in investment
A Singapore-based mining company has entered an agreement to acquire the beleaguered Eagle Gold mine in the Yukon for $140M, more than two years after it was shut down, with plans to invest a further $1.4B in operations and other costs.
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Trade War
EXCLUSIVE: Canada hasn’t yet closed door on U.S. trade deal ahead of midterms
Canadian officials haven’t ruled out the possibility of a snap trade deal with the United States ahead of next month’s midterm elections, according to sources with direct knowledge of the talks.
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