22-06-2026 23:37 via saultstar.com

Pay for outgoing Algoma Steel CEO 'just not right'

A nearly $7-million pay packet for Algoma Steel’s outgoing CEO while hundreds of steelworkers lost their jobs earlier this year is “just not right,” says the head of the union representing the affected employees. Michael Garcia, who led the Sault Ste. Marie steelmaker for nearly for nearly four years before stepping down last December, punched out with $6.82 million in compensation, United Steelworkers says. National director for Canada Marty Warren called the company’s
Read more »