Algoma Steel to lay off 1,000 workers in face of U.S. tariffs

Despite the Carney government investing hundreds of millions in financial support to the Canadian Steel industry, Algoma Steel has issued 1,000 layoff notices to workers in Sault Ste. Marie, citing the impact of U.S. tariffs on the sector. Vassy chats with Sault Ste. Marie Mayor Matthew Shoemaker about the potentially dramatic impact to the local economy.

On today's show:

• Tim Anderson, a former Kinder Morgan CEO, chimes in on the business argument for a new oil pipeline in Canada.
• Money Talk with John Klotz: Tax-panning tips to end a crazy 2025.
• The Daily Debrief Panel - featuring Laryssa Waler, Sharan Kaur, and Nojoud Al Mallees.
• The Canadian Association of Fire Chiefs is raising concerns with present-day federal government policies, which they argue is making it harder for emergency responders to do their jobs.
• Tim Hodgson, Canada's Energy Minister, talks about the consultation process with First Nations groups on a new oil pipeline project.