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    March 16, 2026

    Canadian government limits executive compensation packages at Algoma

    Written by Kristen DiLandro

    The Canadian government has placed limits on salaries, bonuses, and other forms of compensation for top executives at Algoma Steel, according to a local media report.

    Formal documents filed in March with regulatory agencies show unspecified limitations on executive compensation. This much is clear: CAD $500 million in federal and provincial tariff liquidity support loans were made last year to Algoma, according to reporting by Sootoday.

    Kristen DiLandro

    Kristen DiLandro is a reporter for Steel Market Update. Kristen focuses on the micro and macro steel market conditions informing North American spot prices. Following her agency career in advertising, she attained an MFA in Writing from Savannah College of Art and Design. Kristen can be reached at kristen@steelmarketupdate.com or 724-221-8143.

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