Government investing in Hamilton's steel industry to support good jobs and significantly reduce emissions
By investing in clean technology, we will create good middle-class jobs, strengthen our economy, cut pollution and build back better for all Canadians.
- By investing in clean technology, we will create good middle-class jobs, strengthen our economy, cut pollution and build back better for all Canadians.
- This investment will support a $1.765-billion project to convert the steel production process and phase out coal-fired steelmaking at its facilities in Hamilton, Ontario.
- Together with the Algoma Steel project announced on July 5, 2021, the two projects will reduce GHG emissions by up to 6 million tonnes per year.
- The steel industry currently accounts for 7% of global GHG emissions from the energy industriesequal to global aviation, shipping and chemicals emissions combined.