Results for Canada
- U.S. Steel Idles Hamilton Coke Making
U.S. Steel is indefinitely idling its coke-making operations in Hamilton as it restructures the company and looks for a potential buyer — part of what a union head calls a piece-by-piece dismantling of the plant, CBC.ca reported. The company is “hot idli ...
Daily Headline - global.abi.org - 10/28/2014 - 23:05 - 0 comments
- Canadian Clothing Retailer Jacob To Close Its Doors
Womenswear retailer Boutique Jacob Inc. is abandoning its restructuring efforts and closing all its 92 stores in Canada, the Chronicle Herald reported on a Canadian Press story. The Montreal-based clothing chain says efforts over the last few months ...
Daily Headline - global.abi.org - 10/21/2014 - 21:29 - 0 comments
- U.S. Steel, Hamilton Workers Reach Tentative Agreement
The United Steelworkers union has reached a tentative contract agreement with U.S. Steel Canada Inc. that covers workers in Hamilton, marking the first time the steel company has not locked out workers at one of its two major Canadian mills, The Globe ...
Daily Headline - global.abi.org - 10/14/2014 - 22:06 - 0 comments
- U.S. Steel Gets Ontario Approval For Canadian Operations Financing Plan
Stakeholders have approved a controversial but essential step in U.S. Steel Canada Inc.’s bankruptcy protection process, allowing the company to move ahead with a restructuring that could result in the sale of its Canadian operations, the Financial Pos ...
Daily Headline - global.abi.org - 10/08/2014 - 22:16 - 0 comments
- U.S. Steel Hearing Postponed For Negotiations
The Ontario Superior Court has adjourned a hearing on U.S. Steel Canada Inc. under the Companies’ Creditors Arrangement Act, The Globe and Mail reported. The hearing has been postponed until Tuesday so lawyers can try to negotiate a deal on debtor-in ...
Daily Headline - global.abi.org - 10/06/2014 - 21:08 - 0 comments
- U.S. Steel Canada Gets $185 Million Loan From Parent
U.S. Steel Canada says a proposal from its parent company and largest secured creditor to lend $185 million will let the insolvent steelmaker maintain its operations for another year and begin a process to sell its two Ontario operations, the Toronto S ...
Daily Headline - global.abi.org - 09/24/2014 - 21:10 - 0 comments
- Canada - China Agreement to Promote and Protect Reciprocal Investment Coming into Force
In a major step to facilitate and grow trade and investment between Canada and the People's Republic of China, the two countries signed a Foreign Investment Promotion and Protection Agreement (FIPA) in September 2012. The FIPA has now been ratified ...
Resource Article - abi_admin - 09/17/2014 - 10:31 - 0 comments - 1 attachment
- Algoma Gains Liquidity After Restructuring Plan Approved
Essar Steel Algoma Inc. will have sufficient liquidity to complete capital improvements and buy enough raw materials to get it through the winter after the Ontario Superior Court of Justice approved its restructuring plan, The Globe and Mail reported ...
Daily Headline - global.abi.org - 09/16/2014 - 21:31 - 0 comments
- U.S. Steel’s Canada Unit Files for Creditor Protection
The Canadian unit of U.S. Steel Corp. filed for court protection from creditors to restructure its operations. The steelmaker applied to the Ontario Superior Court today for protection under Canada’s Companies’ Creditors Arrangement Act, U.S. Steel Canad ...
Daily Headline - global.abi.org - 09/16/2014 - 21:35 - 0 comments
- Miner Mercator Files For Creditor Protection In U.S., Canada
Small base metals miner Mercator Minerals Ltd said on Tuesday it had filed for protection from its creditors in Canada and the United States, and the Toronto Stock Exchange suspended trading of its shares and began a delisting review, Reuters reported. T ...
Daily Headline - global.abi.org - 08/27/2014 - 21:27 - 0 comments