UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. [ ])
Algoma Steel Inc.
(Name of Issuer)
Common Shares
(Title of Class of Securities)
[01566M105]
(CUSIP Number)
(Date of Event Which Requires Filing of this statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
__ Rule 13d-1(b)
x Rule 13d-1(c)
__ Rule 13d-1(d)
13G
CUSIP No. 01566M105
1
NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Canerector Inc.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b) x
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Toronto, Canada
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
None
6
SHARED VOTING POWER
3,970,800
7
SOLE DISPOSITIVE POWER
None
8
SHARED DISPOSITIVE POWER
3,970,800
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,970,800
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* x
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.8%
12
TYPE OF REPORTING PERSON*
CO
<PAGE>
13G
CUSIP No. 01566M105
1
NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Marshall - Barwick Inc.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b) x
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Toronto, Canada
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
None
6
SHARED VOTING POWER
3,970,800
7
SOLE DISPOSITIVE POWER
None
8
SHARED DISPOSITIVE POWER
3,970,800
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,970,800
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* x
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.5%
12
TYPE OF REPORTING PERSON*
CO
<PAGE>
13G
CUSIP No. 01566M105
1
NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Cecil Hawkins
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b) x
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
None
6
SHARED VOTING POWER
3,970,800
7
SOLE DISPOSITIVE POWER
None
8
SHARED DISPOSITIVE POWER
3,970,800
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,970,800
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* x
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.5%
12
TYPE OF REPORTING PERSON*
IN
<PAGE>
Item 1.
(a) Name of Issuer:
Algoma Steel Inc.
(b) Address of Issuer's Principal Executive Offices:
P.O. Box 1400
Sault Ste. Marie
Ontario, Canada P6A 5P2
Item 2.
(a) Names of Reporting Persons:
Canerector Inc.
Marshall - Barwick Inc.
Cecil Hawkins
(b) Address of Principal Business Office:
100 Sheppard Avenue, East, Suite 930
Toronto, Ontario, Canada, M2N 6N5
(c) Citizenship:
Canadian
(d) Title of Class of Securities:
Common Shares
(e) CUSIP Number
01566M105
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
check whether the person filing is a:
(a) __ Broker or Dealer registered under Section 15 of the Act
(b) __ Bank as defined in section 3(a)(6) of the Act
(c) __ Insurance Company as defined in section 3(a)(19) of the Act
(d) __ Investment Company registered under section 8 of the
Investment Company Act
(e) __ Investment Advisor registered under section 203 of the
Investment Advisors Act of 1940
(f) __ Employee Benefit Plan, Pension Fund which is subject to the
provisions of the Employee Retirement Income Security Act
of 1974 or Endowment Fund; see Sec. 240.13d-1(b)(1)(ii)(F)
(g) _x_ Parent Holding Company, in accordance with
Sec. 240.13d-1(b)(1)(ii)(G) (Note: See Item 7)
(h) __ A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act;
(i) __ A church plan that is excluded from the definition of an
investment company under Section 3(e)(14) of the
Investment Company Act;
(j) __ Group, in accordance with Sec. 240.13d-1(b)(1)(ii)(H)
Item 4. Ownership
Provide the following information regarding the aggregate number
and percentage of the class of securities of the issuer identified
in Item 1.
(a) Amount beneficially owned:
3,970,800
(b) Percent of class:
7.5%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
(ii) Shared power to vote or to direct the vote
3,970,800 (all filing persons)
(iii) Sole power to dispose or to direct the disposition of
(iv) Shared power to dispose or to direct the disposition of
3,970,800 (all filing persons)
Item 5. Ownership of Five Percent or Less of a Class
NA
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
NA
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company
NA
Item 8. Identification and Classification of Members of the Group
NA
Item 9. Notice of Dissolution of the Group
NA
Item 10. Certification
By signing below, I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held
for the purpose of or with the effect of changing or
influencing the control of the Issuer of the securities and were not
acquired and are not held in connection with or as a participant in any
transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true,
complete and correct.
May 1, 2000
Date
Canerector Inc.
/s/ Maynard Young
Signature
Maynard Young, Corporate Secretary
Name/Title
Marshall - Barwick Inc.
/s/ Maynard Young
Signature
Maynard Young, Corporate Secretary
Name/Title
/s/ Cecil Hawkins
Signature
Cecil Hawkins
Name/Title
