Hamilton’s Walters Group Avoids Layoffs by Turning to Canadian Steel Contracts

Hamilton-based Walters Group, a major steel fabricator, has seen its U.S. exports drop from 70% of business to nearly zero due to ongoing American tariffs on Canadian steel. The company has avoided layoffs so far by shifting focus to domestic projects — including work on the new Calgary Flames arena.

“We can’t control the U.S. — but we can build up Canada,” said EVP Walt Koppelaar, who supports tougher Canadian restrictions on foreign steel, especially from China.

On a tour of Walters’ plant, Prime Minister Mark Carney announced new tariff quotas to limit low-cost, non-U.S. steel imports:

• Steel from countries like China will face a 50% tariff if imports exceed 50% of 2024 levels
• Even free-trade partners (excluding the U.S. and Mexico) will face tariffs on excess steel
• Steel containing material melted and poured in China will see a 25% tariff

CBC News reports that Koppelaar and others are pushing for stronger federal rules — including domestic steel sourcing requirements tied to government subsidies and infrastructure projects.

Keanin Loomis, CEO of the Canadian Institute of Steel Construction, said these policies will support quality, Canadian-made steel and better long-term outcomes.

What If You’re Let Go From Walters Group or Another Steel Company in Ontario?

If you’re a non-unionized employee and lose your job — whether due to restructuring, loss of contracts, or trade disruptions — you are owed Ontario severance pay of up to 24 months’ compensation.

Before signing anything, speak to an experienced Hamilton employment lawyer at Samfiru Tumarkin LLP to understand your rights and options.

Call us today at 1-855-821-5900 or request a consultation online.

Disclaimer: The materials above are provided as general information about the rights of non-unionized employees in Canada. It is not specific to any one company and SHOULD NOT be read as suggesting any improper conduct on the part of any specific employer, or a relationship between Samfiru Tumarkin LLP and a specific employer.