Essar Steel Algoma files for creditor protection
Commodity prices bite as steel prices plummet by more than half.
Northstar Aerospace to sell assets for $70 million
Troubled aerospace manufacturer fails to find qualifying bidder in take over efforts.
Catalyst Paper gets $175M financing
Pulp and paper producer Catalyst Paper has secured up to $175 million in financing as it moves forward with restructuring under court protection from creditors.
Catalyst Paper files for creditor protection
Move comes a day after workers at Catalyst denied a contract necessary to keep the company’s refinancing program alive.