Seeking commitments regarding a successful restructuring of Algoma

There is no overstating the importance to our community of a successful and timely conclusion to Algoma’s Companies’ Creditors Arrangement Act proceeding.

The Government of Ontario has an important role in Algoma’s CCAA proceeding, and with the provincial election campaign underway, I have sent letters to the leaders of the Ontario Green Party, the Ontario Liberal Party, the Ontario New Democratic Party and the Ontario Progressive Conservative Party seeking commitments related to Algoma’s CCAA proceeding should the party they lead form government or hold the balance of power in a minority legislature. I have also sent letters to the respective local candidates.

Copies of the letters (Party leaders and Local candidates) are attached, along with a link to the news release.