Business Brief: An electrifying future for a storied steel company


Source: theglobeandmail.com theglobeandmail.com

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The largest employer in Sault Ste. Marie is transforming its coal-fired production processes into a modern operation that emits far less carbon and other pollutants. Today, we look at how Algoma Steel is banking on a renaissance with a multimillion-dollar plan to go electric. Up top Scaling back: Fertilizer producer Nutrien Ltd. is shrinking operations in Brazil, the world’s largest agricultural exporter, after a series of setbacks in the region that included a US$220-million loss on unauthorized derivative trades. Paper cuts: Online tutoring company Paper Education Co. Inc. has cut its entire Canadian tutor work force, affecting hundreds of people,...