Nova Steel is temporarily laying off 36 employees at its Saint-Patrick facility. This decision stems from increased competition due to unfairly priced steel pipe imports. The company has invested significantly in technology but still struggles to maintain market share. Nova Steel is urging the government to strengthen trade policies and enforce "Buy Canada" mandates. Without government intervention, these layoffs could become permanent.
Montreal, Quebec
https://www.streetinsider.com/PRNewswire/Low-Priced+Import+Competition+Necessitates+Layoffs+at+Nova+Steel/27295930.html