$150 million will go to Algoma Steel in Sault Ste. Marie to help it stay afloat

Morning North

Big news for Algoma Steel last week. The Sault Ste. Marie company is getting $150 million dollars of government assistance to stay afloat. Though this is not bailout money per se, we spoke with a couple of former provincial cabinet ministers about the pros and pitfalls of government bailouts.

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