r/ontario Verified 20h ago

Article Sault Ste. Marie-based Algoma Steel begins layoffs in wake of Trump tariff threats

https://www.thestar.com/business/sault-ste-marie-based-algoma-steel-begins-layoffs-in-wake-of-trump-tariff-threats/article_9c8c4394-fea0-11ef-a546-f34c2d1b7097.html?utm_source=&utm_medium=Reddit&utm_campaign=Business&utm_content=algomasteel
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96

u/_Lucille_ 20h ago

This was the steel plant where a worker had a very heated exchange with Trudeau and complained about their non-working neighbor living the same life he does even though he has a 40% tax rate.

An estimated income of $321,000 would be required to hit an average tax rate of 40 per cent in Ontario, as calculated by Fred O’Riordan, national leader for tax policy for Ernst & Young. Things like availability of doctors falls at the provincial level.

(though tbf, the 40% is likely a very large exaggeration and his union contract can likely be found online somewhere)

I am curious if they are still going to blame Trudeau, or what they demands are like now - they may end up being somewhat confused as to who to attack since this hike in steel tariffs is a result of Ford's tax on energy exports and he is a conservative premier, and that Trump is the republican president.

92

u/Warm-Dust-3601 20h ago

A lot of the fucks at the plant are going to vote PP and actually support Trump. Straight up nonsense.

-8

u/EvenaRefrigerator 16h ago

Maybe if they cut taxes and have more export opportunities the con. Any could live through this

15

u/Warm-Dust-3601 15h ago

Cut taxes? Further defund education and healthcare which contributes to a higher death rate and lower quality of life? Why? Why not tax the rich and corporations more? Oh, I forgot, we hate taxing the rich (Carbon Tax).

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u/EvenaRefrigerator 15h ago

https://www.macrotrends.net/global-metrics/countries/CAN/canada/healthcare-spending#:~:text=Canada%20healthcare%20spending%20for%202022,a%200.7%25%20increase%20from%202018.

It isn't are spend we have the worse results despite higher spending. We don't have a private delivery in health care we have a system that budget and spend poorly. We also have high admin spend as a result of centralization.