The article recounts the 1991 crisis at Algoma Steel in Sault Ste. Marie, Ontario, following Dofasco's decision to abandon the steelmaker, jeopardizing 6,000 jobs. The Ontario government remained optimistic despite the circumstances, looking for an industrial strategy to counter the looming disaster. A key factor in this optimism was the experience of the United Steelworkers of America, which had dealt with worker buyouts successfully during previous industry downturns, offering a blueprint for action in the face of impending closures.
In 1991, Dofasco's decision to abandon Algoma Steel left 6,000 workers vulnerable, prompting the Ontario government and labor unions to seek a strategy for recovery.
The United Steelworkers' experience with worker buyouts during the US steel crisis helped shape a response to Algoma's impending closure in 1991.
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