The federal government is investing $400 million to cut emissions at ArcelorMittal Dofasco.
The federal government has announced $400 million for a project at ArcelorMittal Dofasco that the company says will help it cut carbon emissions by more than half.
Deputy Prime Minister Chrystia Freeland, along with Innovation Minister François-Philippe Champagne and Minister of Labour Filomena Tassi, made the announcement at the Hamilton steelmaker on Friday.
The government said its investment is part of a $1.765-billion project to phase out coal-fired steelmaking and is expected to reduce greenhouse gas emissions by up to three million tonnes per year by 2030. The goal is to have the project completed by 2028.