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BusinessActive · 11h

NDP Leaders Urge Carney to Nationalize Stelco After Layoff Standoff

Avi Lewis and Marit Stiles call for a federal takeover of the Hamilton steelmaker after it refused to halt layoffs the government says breach its Investment Canada Act commitments.

What to know

  • Stelco refused the federal government's demand to halt layoffs, which Industry Minister Mélanie Joly says breach commitments made under the Investment Canada Act.
  • Federal NDP Leader Avi Lewis and Ontario NDP Leader Marit Stiles are calling on PM Mark Carney to nationalize Stelco in response.
  • Lewis points to the UK's 2026 nationalization of British Steel and plans for Specialty Steel as a precedent for government takeover.
  • Carney's government has not indicated in the available coverage whether it will pursue nationalization.
most voices

Nationalizing Stelco is a bold but necessary move to protect jobs and defend national interests.

  • “A bold, brilliant and necessary strategy.”

    @gbickerton398 · X ↗
some voices

Stelco likely has a contractual defense (force majeure) that undercuts claims it violated its agreement.

  • “Force majeure is almost guaranteed to exist in the contract somewhere. I've never seen a purchase order without one on major contract.”

    Fuzzers · Reddit ↗

Avi LewisAvi Lewis Federal NDP LeaderMarit StilesMarit Stiles Ontario NDP LeaderMélanie JolyMélanie Joly Industry MinisterStelco Hamilton-based steelmakerMark CarneyMark Carney Prime Minister of Canada

NDP Leaders Urge Carney to Nationalize Stelco After Layoff Standoff
x.com

How it unfolded 2 developments, newest first · click a bar or a number to jump postscomments

Peak 2 pieces in one quarter hour at Yesterday, 10 PM; 8 pieces over 12 hours (1 article · 6 posts · 1 comment) Yesterday, 6:17 PM — quietYesterday, 6:32 PM — 1 piece · 1 post — Reddit 1Yesterday, 6:47 PM — quietYesterday, 7:02 PM — quietYesterday, 7:17 PM — quietYesterday, 7:32 PM — quietYesterday, 7:47 PM — 1 piece · 1 post — Mastodon 1Yesterday, 8:02 PM — quietYesterday, 8:17 PM — quietYesterday, 8:32 PM — 1 piece · 1 post — Mastodon 1Yesterday, 8:47 PM — quietYesterday, 9:02 PM — quietYesterday, 9:17 PM — quietYesterday, 9:32 PM — quietYesterday, 9:47 PM — quietYesterday, 10:02 PM — quietYesterday, 10:17 PM — 2 pieces · 2 posts — Mastodon 2Yesterday, 10:32 PM — quietYesterday, 10:47 PM — quietYesterday, 11:02 PM — quietYesterday, 11:17 PM — quietYesterday, 11:32 PM — 1 piece · 1 post — X 1Yesterday, 11:47 PM — quietToday, 12:02 AM — 1 piece · 1 comment — Reddit 1Today, 12:17 AM — quietToday, 12:32 AM — quietToday, 12:47 AM — quietToday, 1:02 AM — quietToday, 1:17 AM — quietToday, 1:32 AM — quietToday, 1:47 AM — quietToday, 2:02 AM — quietToday, 2:17 AM — quietToday, 2:32 AM — quietToday, 2:47 AM — quietToday, 3:02 AM — quietToday, 3:17 AM — quietToday, 3:32 AM — quietToday, 3:47 AM — quietToday, 4:02 AM — quietToday, 4:17 AM — quietToday, 4:32 AM — quietToday, 4:47 AM — quietToday, 5:02 AM — quietToday, 5:17 AM — quietToday, 5:32 AM — quietToday, 5:47 AM — quietToday, 6:02 AM — 1 piece · 1 article — Mastodon 1 12
8 PM10 PMtoday2 AM4 AMnow · 6:17 AM ET
  1. 2

    Social media reaction splits between support and skepticism

    Supporters on X and Mastodon call the nationalization push bold and necessary, while at least one commenter questions whether contractual force majeure clauses complicate the legal basis for action.

    “A bold, brilliant and necessary strategy.”
    — @gbickerton398
    • dcdeejay@mastodon.online

      Big. Necessary. May escalate our conflict in ways most are not prepared for - but doing nothing is not option, and appearing hesitant to defend our interests is nearly as bad. "Lewis noted that the United Kingdom nationalized British Steel in July, saying the move protected "thousands of jobs." In September, the U.K. government announced plans for…

      dcdeejay@mastodon.onlineMastodon7h agoview on Mastodon ↗
    1 more of the top 2 · 2 posts in this stretch
    • Force majeure is almost guaranteed to exist in the contract somewhere. I've never seen a purchase order without one on major contract.

      Fuzzersr/canada6h agoview on r/canada ↗
    all of them →
  2. 1

    Lewis cites UK nationalization of British Steel as precedent

    Lewis pointed to the United Kingdom's July nationalization of British Steel, saying it protected jobs, and noted the UK's September announcement of plans to take over another steelmaker, Specialty Steel.

    “the move protected "thousands of jobs."”
    — Avi Lewis
    • keyofG@mstdn.social

      ‘Federal NDP Leader Avi Lewis and Ontario NDP Leader Marit Stiles are calling on the federal government to nationalize Hamilton-based steelmaker Stelco, amid layoffs Industry Minister Mélanie Joly says violate the company's agreement under the Investment Canada Act.’ https://www. cbc.ca/news/canada/hamilton/nd p-calls-nationalize-stelco-9.7379251…

      keyofG@mstdn.socialMastodon9h agoview on Mastodon ↗
  3. background

    NDP leaders call on Carney to nationalize Stelco — Federal NDP Leader Avi Lewis and Ontario NDP Leader Marit Stiles demand the federal government nationalize the Hamilton-based steelmaker in response to the layoffs.

  4. background

    Stelco rejects government demand to halt layoffs — Stelco declined to halt its planned layoffs despite objections from Ottawa, with Industry Minister Mélanie Joly saying the layoffs violate commitments the company made under the Investment Canada Act.

What people are saying 0 voices from 0 sites · best of 3 · verbatim