Canada once had an ‘at the time’ super-modern steel industry. Stelco and Dofasco were on the leading edge of steel making tech, using the most advanced for-the-time automated systems. But they fell behind European and Asian technology, became inefficient, and essentially closed up shop. If Canada us to be competitive, we need to completely rethink how we do things. For instance, here is an example of the newest steel making technology that is carbon-friendly, and Canada needs to take a serious look at it.
This is the type of investment needed in Canada.
https://interestingengineering.com/innovation/sweden-green-hydrogen-powered-steel
In Regina there’s currently a Russian owned steel plant that could easily be converted to green power as it’s already running an electric smelter. In the 1970s it was employed owned. In my opinion there are options.