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Home / News / Government of Canada invests $400 million in Hamilton’s Steel Industry!

Government of Canada invests $400 million in Hamilton’s Steel Industry!

Government of Canada investing in Hamilton’s steel industry to support the Green Industrial Transformation which includes reducing greenhouse gas emissions, supporting green jobs, and a stronger green economy.

This investment will support ArcelorMittal Dofasco’s investment of $1.764 billion dollar project to convert the steel production process and phase out coal-fired steelmaking in Hamilton. One of the goals is to be net-zero by 2050. This project will contribute towards Canada’s climate goals by reducing greenhouse gas emissions by up to 3 million tonnes per year by 2030.

To read more about his exciting investment click here: https://www.newswire.ca/news-releases/government-investing-in-hamilton-s-steel-industry-to-support-good-jobs-and-significantly-reduce-emissions-814296084.html