Another effort is being made to force U.S. Steel Canada to resume paying benefits for its retirees.
The bankruptcy court judge allowed the company to stop offering the benefits last October as a “cash conservation measure”.
Today, a motion will be heard in a Toronto courtroom today to have the benefits reinstated at a cost to the company of $3 millions per month.
It comes as U.S. Steel Canada is asking the court for permission to give 35 key employees so-called retention bonuses.
The company will also be asking the court to extend its bankruptcy protection until Nov. 30.
It’s currently scheduled to expire tomorrow.