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The City of Sault Ste. Marie

 
 
 

Essar Steel Algoma Inc. Property Tax Decision

May 18, 2017

The decision on the City's motion for tax payment was released today. Mr. Justice Newbould dismissed the City's motion on the understanding that Essar Steel Algoma Inc. would commence paying City taxes at a rate of $350,000 per month. It does not address any outstanding taxes.

The decision made today is being analyzed by the City's Toronto lawyers and the internal City team. A further update will be provided as more information becomes available.
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99 Foster Drive
Sault Ste. Marie, ON
P6A 5X6