Latest Industry News and Stories
Recovery continues as NA car sales head for year 2000 levels
Car sales in North America, which hit a low of 10.4 million units in 2009, have been improving year over year for several years now, and are on track to …
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Drop in manufacturing pushes industrial capacity use down in Q4 2012
A decline in manufacturing is largely responsible for a slide in production capacity for Canadian industries in the fourth quarter of 2012, Statistics Canada reports. Industries operated at 80.7 percent …
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BC refinery close to financing deal
David Black told the BC chamber of commerce that his company, Kitimat Clean Inc., is ready to sign a memorandum of understanding with Oppenheimer Investments Group of Switzerland to finance …
Clean energy expected to surge as pv costs drop
A report on the global deployment of renewable energy says that the world’s energy from wind, solar and biofuels grew by 1 per cent in 2012, equal to $249 billion. …
Canadian oil production up; producers turning to railways for shipment
The International Energy Agency (IEA) reports in its monthly report on the oil industry that Canadian producers reached 4.1 million barrels per day in December. Production was spread over the …
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Manufacturing the sole industry showing job losses in February
The February rise in employment in Canada, which saw an increase of 51,000 jobs, was spread across the professional, scientific, and technical services; the accommodation and food services; public administration; …
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Skilled labour shortage in world oil industry: report
A new report published by OilCareers.com and Air Energi, finds that the shortage of skilled labor in the oil and gas industry worldwide, coupled with expanding demand, presents a significant …
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GM investing $250 million at Ingersoll plant
GM’s Ontario auto workers are reportedly excited and happy about the announcement that GM plans to invest $250 million in the CAMI Assembly Plant at Ingersoll. The company said that …
