Hundreds of Canadian workers, particularly in the steel and aluminum sectors, have been laid off following the implementation of tariffs by US President Donald Trump.
The tariffs, which were imposed on March 12, 2025, have created significant challenges for Canadian industries, with economists warning of broader impacts if the policies persist.
Key Details:
- Affected Companies: Ontario-based Canada Metal Processing Group announced a workforce reduction of 140 employees, citing the anticipated impact of the tariffs. Algoma Steel has also laid off 27 workers, with its CEO indicating that more layoffs may follow if new Canadian customers cannot be secured.
- Union Concerns: Marty Warren, National Director of the United Steelworkers, reported that approximately 200 union members have already lost their jobs. He predicts that up to 100,000 workers could be affected when the full tariffs take effect on April 2.
- Economic Impact: The uncertainty surrounding the tariffs has cast a chill over Canada’s economy and labor market, with ripple effects expected across the industry.
- Government Response: The Canadian government has introduced measures to support affected workers, including earlier access to employment insurance and a multibillion-dollar aid program. Advocates are calling for more comprehensive changes to employment insurance to provide longer access periods and minimum weekly payments.
This situation highlights the challenges faced by Canadian industries and workers as they navigate the consequences of international trade policies.
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