History. 0 of 4: in none of the four past fights did the buyer keep its jobs promise in full within 80 days of the first demand (U.S. Steel 2009, Nokia 2017, GE 2018, Ilva 2019). In 2009 some workers were called back before Ottawa went to court, but not all.
Hunch. On 28 October the head of Cleveland-Cliffs wrote that he intends to bring back all 175 laid-off Stelco workers before Christmas, if Canadian customers buy more of its steel.
The recall market resolves YES if by 24 December 2026 Stelco, Cleveland-Cliffs or the United Steelworkers union say in public that all 175 workers laid off in Hamilton are back at work, and NO if only some are back or none of them says so. A company statement is the main source, CBC confirms it, and The Globe and Mail and The Canadian Press are the backups.
We looked for cases where a government demanded that a foreign buyer keep a jobs promise it gave to win approval for a purchase. We found four such fights from 2009 to 2019. The first was Stelco itself, under its earlier US owner. The other three were in France and Italy. (CBC; CBC; franceinfo; franceinfo; ANSA)