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U.S. Steel bought Stelco last year, and now it's shutting down all Canadian operations.

That is very very very bad for the city. 2,000 jobs from the steel plant are bad enough, but there are thousands more tied up in support industries.

Date: 2009-03-04 02:03 pm (UTC)
From: [identity profile] lee-in-limbo.livejournal.com
Dawn called that one. US Steel has a miserly reputation for running stuff into the ground and shutting it down. So the city is one step closer to either transforming into something else or choking. These are exciting (if potentially depressing) times. I wonder if I'll be able to get some money coming in to ride out the storm.

The important thing to remember is, Hamilton hasn't always been a steel town. Hamilton has been a number of other very impressive things in its history. This is just one more change for us. We'll get through it. I'm sure of it. It'll just take some imagination to reinvent ourselves into something other than a busload of factory workers.

Lee.

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