Hi Dutchmen
I can provide some input but hope that a senior poster such as Babjak1 might pile on the data....A Canadian stainless steel industry would make the most sense with the abundant chromite available. Algoma is the only armoured plate manufacturer in Canada.
https://www.sootoday.com/local-news/airplane-painting-being-considered-to-spur-economic-development-344773
“The Government of Canada is committed to economic growth and diversification in Northern Ontario,” said Terry Sheehan, Member of Parliament for Sault Ste. Marie. “Through the Invest Canada - Community Initiatives program, we are investing in the future of Sault Ste. Marie to attract, retain and expand direct investment so that we can continue to create jobs and ensure long-term growth for the middle class.”
Coupled with the Federal investment received by the SSMEDC to undertake an aviation business case, the organization also obtained funds to conduct promotional activity to attract foreign direct investment and undertake a separate business case related to the national defense sector.
The SSMEDC is working with area companies on getting their “Controlled Goods” status, which is required to sell to major defense contractors. Over the next 10 years, Ottawa is expected to spend billions on national defense.
The Federal Government’s Industrial Technology Benefits program aims to spread some of this business around the country. Northern Ontario is a designated area under the program, meaning qualified and registered companies in the region can take advantage of it.
The SSMEDC is working closely with FedNor to ensure local firms are able to capitalize on this program. With the Sault home to Essar Steel Algoma, the only armoured plate manufacturer in Canada, foreign direct investment opportunities are available.