$1.5 Billion Canada Rental Protection Fund Launches to Preserve Affordable Housing Across Canada - PR Newswire Canada

Published: October 07, 2026 at 3:12p.m. EDTNicolas Lamp, associate professor at Queen’s University Faculty of Law, joins BNN Bloomberg to discuss the prospect of nationalizing Stelco. Planned Stelco layoffs are raising questions about the future of Canada’s steel sector. Washington’s push to bring manufacturing to the U. S. is challenging the foundations of cross-border trade. BNN Bloomberg spoke with Nicolas Lamp, associate professor at Queen’s University’s Faculty of Law, about Ottawa’s response to the trade war and the choices facing Canada’s steel industry. How to set BNN Bloomberg as your preferred source on GoogleKey TakeawaysLamp proposes temporary government ownership of the Stelco plant, with Canadian management, to preserve jobs and expertise while its long-term prospects become clearer. A court-ordered divestiture could create a path to a government purchase if no Canadian private sector buyer emerges, Lamp says. Lamp suggests a trade deal could lower U. S. steel tariffs from 50 per cent to 25 per cent, while Canada’s own trade barriers are keeping domestic steel prices high. Global steel overcapacity and cheaper foreign production limit the prospects for replacing U. S.

The 20th annual Cape to Cabot road race is taking place tomorrow. The grueling 20 km trek sees participants running from one historic landmark to another: From Cape Spear to Cabot Tower on top of Signal Hill. The race starts at 8 a.m., and because of that there are a few related road closures in St. John’s. Between 7:45 and 11a.m. there will be numerous road closures along the route. A full list can be found online at VOCM dot com. Expect traffic impacts from 7:45 a.m. to 11 a.m. on routes including Blackhead Road, Southside Road, Water Street, Harbour Drive, Duckworth Street, Temperance Street and Signal Hill Road.