I'm an Ontarian, and have fished in Thunder Bay...but have also chased pike and steelhead here. Not sure how serious a pike fisherman he his, but big flies are the name of the game for big fish...and an 8wt. is a little on the light side. I'd suggest a 9', 9wt., fast-action for those things.
Great-Lakes steelhead are another story, a fast action is good with a little sensitivity in the tip for light leader/tippet protection. A 9'6", 8 wt. is a great rod on bigger rivers, a 9' if the rivers are a little smaller.
Reel~I'd say getting a good rod is way more important, but a good drag system is important for the steelhead mostly, pike runs (unless they're large, spirited fish) not so much. A friend of mine is a well-known fishing guide here in Ontario, he's used these for years to stop some of the biggest trout/salmon in Ontario.
https://www.okumafishing.com/en/prod...-fly-reel.html I've since recommended them to a few guys I know looking to put together a budget set-up, and have heard nothing but rave reviews.
Hope this helps! A fast, 9' 8wt. would serve pretty well in both roles, but won't turn-over the big pike flies without a fight. I consider a 9wt. too heavy for all but the biggest steelhead.