Elk Valley Resources Lays Off 140 Employees Amid Global Trade Pressures and Steel Tariffs
Elk Valley Resources Lays Off 140 Employees Amid Global Trade Pressures and Steel Tariffs

Elk Valley Resources (EVR), a Glencore-owned mining company in southeastern British Columbia, announced 140 layoffs at its steelmaking coal operations, citing global economic uncertainty, rising U.S. steel tariffs, and challenging market conditions. EVR operates four mines along the Alberta border and employs over 5,000 people, with most affected staff offered reallocation to other roles within the company, while others will receive transition support.

The layoffs follow U.S. President Donald Trump’s decision to double steel import tariffs to 50%, alongside ongoing concerns about “steel dumping” in the Canadian market. EVR said the cuts are part of efforts to improve efficiency, reduce costs, and remain globally competitive.

For the Canadian job market, particularly in B.C. and the broader mining sector, these reductions underscore the vulnerability of resource-dependent communities to international trade policies and commodity price fluctuations. While many workers commute from Alberta or nearby towns, local economies like Sparwood face disruptions from workforce reductions. The situation highlights the ongoing challenges for Canada’s mining industry in balancing operational competitiveness with employment stability amid global market pressures.

Have you been laid off by Glencore-owned Elk Valley Resources in Canada? Contact our employment lawyers today. Our legal team offers a free consultation and works on a contingency basis—there are no fees unless you win your case.

CBC Lite’s original article, “B.C. mining company cuts 140 positions due to 'challenging market conditions'” was published in CBC News on June 17, 2025. Read the Full CBC News story.

We’re here to support you during this difficult time

How can we help?