Stelco is efficient and can make steel cheaper than it’s US competitors, so its competitor purchased it and is trying to shut it down.
"The president wasn't even mad about the Saddam Hussein comparison! But he was very upset about the Cheesecake Factory" -- here's Obama's full riff about the "phony outrage" over his Trump/Cheesecake Factory comments and how it illustrates that "these are not serious people"
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🛬 Touchdown in Montréal 🇨🇦
Rarely have I looked forward to a Summit this much.
An ocean separates Europe and Canada. Yet we have never felt closer.
We have a new ambition: bringing Canada closer to us than ever before, as Associate Member of the EU.
And we want to take our unique partnership even further.
With an Alliance for the Future, we will stand together and respond to a world of growing rivalries.
Montréal, we’re about to write a new chapter in our shared history.
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Don Davies: "Given everything that's been said by Mr. Goncalves, do we trust him to invest in the company, to grow it, to make it bigger? It's time to bring this company under public ownership and see a flourishing steel industry in this country."
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John-Paul Danko: There are buyers out there that are interested in Stelco
David Cochrane: Canadian buyers or more foreign buyers?
Danko: Steel making is largely global multinationals
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Don Davies: "Let's bring Stelco under public ownership to protect jobs and to protect the Canadian steel industry. We're dealing with someone who's an avowed Trump supporter... We've let the cat in the hen house here."
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David McGuinty on EU partnership: "Canada is not surrendering its sovereignty. Canada is not surrendering its authorities. Canada is not giving up its power and its responsibilities for borders and immigration and fiscal policies."
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David McGuinty on EU associate membership: "The choice of language and the choice of word of associate was not a Canadian choice. ... It's part and parcel of our diversification efforts. It's part and parcel of our middle power efforts."
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Here’s Chief Na’Moks of the Wet’suwet’en Nation:
“To Prime Minister Carney and the politicians studying Bill C-39, I have a message for you: our rights are not yours to bargain away.”
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Mark Carney laughs off suggestion the Trump admin is setting up Canada to be the "fall guys" for midterm losses: "That's an interesting way of framing it."
Mark Carney on Paul St-Pierre Plamondon and the EU summit: "My office has sent two invitations to Mr. Paul St-Pierre Plamondon. And that offer still stands. I hope he will reconsider. ... He has an invitation to the table of honour."
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Mark Carney says at least two Canadians were hurt in the tragic train crash in Spain
The American CEO who bought Stelco is openly admitting that he purchased the company to sabotage it.
This is why the Liberals should have never approved Stelco's sale in the first place. When you give away ownership of a critical industry like steel, your economy is forever under another's thumb.
There is only one solution that will save these jobs and put Canada back in the driver's seat: we need to nationalize Stelco.
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Cleveland-Cliffs’ CEO just admitted it: they bought Stelco in bad faith to kill Canadian competition, and Ontario steelworkers are paying with their futures.
Ontario can’t stand on the sidelines. Ford and Carney must bring Stelco under public ownership and protect these jobs.
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This Trump-supporting pos bought Stelco knowing he was going to shut it down. It should be taken over and nationalized by the Canadian govt asap.
German ambassador to Canada on US reaction to closer ties: "When we look at the Canada-EU summit, we are not looking at it through the US lens. We are looking through a lens of how can we strengthen our economies, how we strengthen our sovereignty."
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Mark Carney on Elon Musk supporting Quebec sovereignty: "The future of Canada will be decided by Canadians and the priorities of Canadians, the priorities of the people of Quebec."
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Emmanuel Macron: "My message is to stand firm. Do not yield to the situation which is developing. The world is slowly becoming more divided. The rhetoric of defeat that is giving way to empires abusing their powers, threatening the sovereignty of some nations."
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Mark Carney does Trump's accordion hands