Mining more salt...
After billion-dollar loss, Algoma Steel brass still score big bonuses
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the top brass deserve these bonuses for all the hard work and long hours they contribute to Algoma Steel. They made all the cuts to reduce the labour cost. 2251 is in full support of these bonusesKeep up the good work.
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Obviously the “restrictions” put on executive pay by the terms of the taxpayer loan were not strict enough. When a company is losing money like this and they have to borrow money just to keep the lights on and the doors open, not one penny in bonuses should be paid.This really is a kick in the teeth to struggling taxpayers.
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Must be nice. Enjoy!Sincerely, someone who was laid off in January and hasn't found another job while actively applying to different companies daily.
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If y’all haven’t figured it out yet, the game is rigged. The gap will continue to widen until the middle class turns into beggars, on our knees pleading for scraps.
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"It was never an eyesore and should have just been renovated instead of being torn down. This city is too quick to just demolish.
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Not surprised. I am so done hearing the whining about "losses" when they can afford bonuses.
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All the crooks should pay the money back
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It's not a bonus it's theft.
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Owning a home or renting a nice apartment is now out of possibility for many. Landlords have used many excuses to raise prices, which are forcing applicants into slum apartments with no chance of ever owning a home.
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They are paid a healthy wage for their responsibilities. I have no problem giving praise where praise is due...but when layoffs are happening, this is disgusting!
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Build as much as you want , and they'll sit empty cause no one will be able to afford them ............ therein lies the problem
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Before ANY government money was provided to Algoma, there should have been a commitment of NO BONUSES for these executives. They are being rewarded for likely doing a poor job and should be absolutely ashamed of themselves
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Won’t matter if it’s unaffordable for low income like the others just wont
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Wow , I need a job like this! Are they hiring? You win even if the company loses , sounds good to me! The taxpayers get it again!
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Wow, no photo op of Shoemaker trying to take credit for WestJet returning to The Soo.
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With Westjet now flying out of the Soo and taking over Sunwing (May 2023] it would be great if they started offering direct flights to the DR, Mexico, etc....
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Get ready for an onslaught of rodents. Better Call the Pied Piper of Hamelin
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Mean while workers got nothing.Those ........ could have taken a fraction less each and give us workers a $1000 for bonus.Inside is not even close to what they let the public know.Lot of good guys in there, too bad they get the shaft.
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When the street party was the entire street, it was an event worth attending. Attended every year and spent a lot of money and found businesses to support year round. When they went to smaller parties it wasn't worth time to attend. With the whole street, if you didn't like one band, keep walking you would find another. With the small party, don't like the band too bad.
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There's a 200 person waiting list. I'm sure it'll be full.
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Mining more salt...