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Canada’s Submarine Deal Leaves Sault Steelworkers Behind | Vancouver News

Canada’s Submarine Deal Leaves Sault Steelworkers Behind | Vancouver News

Published 2 days ago
Description

Canada’s defense deal just took a major turn — choosing a German firm over a South Korean contender, leaving Sault Ste. Marie’s Algoma Steel and its 500 potential steelworker jobs in the dust. Hanwha Ocean’s $345 million offer, meant to revive the local steel industry and supply armored vehicles, now sits on the sidelines. While politics — especially NATO alignment — likely tipped the scales, the blow to a community already reeling from a thousand job losses is real. Algoma’s silence speaks volumes as the ripple effects of big government contracts hit home.

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