Algoma Steel is to become a public company again as the century-old Canadian steelmaker to be taken over by New York-based acquisition firm Legato Merger Corp. Officials from both companies will have more information about the proposed deal at a news conference on Tuesday morning, but the deal will give Algoma’s current owners just over $1.1 billion […]
#canadiancompany
How these fast-growing Canadian companies stayed afloat during COVID-19
If some small, rose-colored part of you imagines back to the COVID spring of 2020 and thinks, Was it really all that bad? here’s a sobering fact: in April alone, a single month of lockdown, Canada lost two million jobs, according to Statistics Canada. Between retail, service, restaurants, and millions of gig-economy contracts, it seemed […]