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Funding announced for Essar

It was announced Friday a $30 million loan from the federal government, a $30 million grant from the province, and investment from Essar Steel Algoma will combine for a $240 million modernization of the steelmaker's facilities.

It was announced Friday a $30 million loan from the federal government, a $30 million grant from the province, and investment from Essar Steel Algoma will combine for a $240 million modernization of the steelmaker's facilities.


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