'Public ownership' is the solution to Ottawa's Stelco problem NDP leader

Yeah, look, the UK has just done this with British Steel.

Mm.

Uh, if that, if I've got the name of the company right.

But you know, Nathan, i- if you look at some of the comments that Mr. Goncalves from Cleveland-Cliffs has made about supporting tariffs, he says he supports the tariffs against people who dump steel into the United States, right?

Mm-hmm.

And I think what, and I'm reverse engineering this, like, you know-

[laughs]

...

so, so bear with me.

But you know, acquiring a steel co to, to marry with the Cleveland-Cliffs operations was kind of hoping, as the US government's hoping, that Canada and Nor- Fortress North America on steel tariffs, common alignment-

Yeah

... and then could dominate the North American steel market, right?

Yep.

Um, but that may, this may be, you know, reaping and sowing and all of [laughs] those things.

They find themselves in a situation that did not quite go as hoped at time of purchase.

That's so 2024, right?

Yes, it is.

[laughs]

When the idea was that we would have a continental industry, that's not the plan anymore.

I mean, this guy's out of Central Casting, right? Like he invited and welcomed in these tariffs.

What is the object of the tariffs? Their objective is to destroy [laughs] Canadian industry.

Mm.

He is part of destroying Canadian industry.

I share my colleague's, uh, view of nationalization as a big throw, but yet here we are talking about a bad actor supporting a bad president, whose intention has been declared over and over again that he wants to destroy Canadian jobs.

So I don't think the federal government's response can be, "We're gonna send you another letter if you don't follow the first letter, and agree to follow the agreement that you signed a couple of years back to protect and maintain Canadian jobs when you bought this mill." So I think for Mr.

Yeah, look, the UK has just done this with British Steel.

Mm.

Uh, if that, if I've got the name of the company right.

But you know, Nathan, i- if you look at some of the comments that Mr. Goncalves from Cleveland-Cliffs has made about supporting tariffs, he says he supports the tariffs against people who dump steel into the United States, right?

Mm-hmm.

And I think what, and I'm reverse engineering this, like, you know-

[laughs]

...

so, so bear with me.

But you know, acquiring a steel co to, to marry with the Cleveland-Cliffs operations was kind of hoping, as the US government's hoping, that Canada and Nor- Fortress North America on steel tariffs, common alignment-

Yeah

... and then could dominate the North American steel market, right?

Yep.

Um, but that may, this may be, you know, reaping and sowing and all of [laughs] those things.

They find themselves in a situation that did not quite go as hoped at time of purchase.

That's so 2024, right?

Yes, it is.

[laughs]

When the idea was that we would have a continental industry, that's not the plan anymore.

I mean, this guy's out of Central Casting, right? Like he invited and welcomed in these tariffs.

What is the object of the tariffs? Their objective is to destroy [laughs] Canadian industry.

Mm.

He is part of destroying Canadian industry.

I share my colleague's, uh, view of nationalization as a big throw, but yet here we are talking about a bad actor supporting a bad president, whose intention has been declared over and over again that he wants to destroy Canadian jobs.

So I don't think the federal government's response can be, "We're gonna send you another letter if you don't follow the first letter, and agree to follow the agreement that you signed a couple of years back to protect and maintain Canadian jobs when you bought this mill." So I think for Mr.