Government loans and looming layoffs

Last month, the federal government loaned Algoma Steel $400 million, and Ontario kicked in $100 million -- to help the company weather the tariff storm. 

Still, a news release from the company earlier this month predicted big losses and signaled possible layoffs.  For a city intertwined with Algoma, buffeted by a trade war, and reimagining its relationship with its close neighbour, it's a nervous time.