General Dynamic Land Systems $15-billion deal with Saudis at risk over Kingdom’s alleged involvement in murder plot
A $15-billion dollar arms deal with Saudi Arabia may not be canceled in response to a high-profile murder of a Washington Post journalist, Jamal Khashoggi. Prime Minister Justin Trudeau publicly […]
Bombardier to hit business jet targets: aiming for US$8.5 billion annually by 2020
For the third quarter, Bombardier Inc, based in Montreal, delivered 31 business jets — for a total of 96 in 2018 — and is on track to meet delivery targets […]
Breaking news: Kinder Morgan to cancel its Utica Marcellus Texas Pipeline project
In news breaking today, Oct 18, Kinder Morgan announced it would cancel its Utica Marcellus Texas Pipeline project. The disclosed at a presentation of its financial results for the third […]
GM, Ford and VW bear the brunt of a dip in Chinese auto sales; trade war cools world’s biggest auto market
Foreign auto brands in China saw sharp drops in sales in August, as compared to a year earlier. Auto sales in China — the world’s largest auto market — are […]
Too much wind-power may warm the environment more than oil or coal — at least in the short term. Harvard research suggests cautious planning needed
While wind power is considered by many to be the most reliable form of alternative, clean energy, researchers at Harvard caution that “too much wind power” may warm the environment […]
Goodbye NAFTA, Hello USMCA trade deal: it’s not all in the name — Canadian dollar soars, stocks rise; autos win, dairy loses
Hard negotiating and threats ultimately led to a three-way free-trade deal, with a nice bump in the Canadian dollar and stock markets as bonuses. The deal is good news for […]
Supply of oil at record highs, at 100 million barrels a day for the “first time ever”; expected to grow
Not only did oil supply reach a new record, at 100 million barrels a day, but demand is also expected to increase through 2019, according to the International Energy Agency. […]
FCA 2020 in Canada: Chrysler 300 to be eliminated; Pacifica to be refreshed; new electric minivan “Portal” to go into production
Although still speculative, 2020 will be a major “change” year for Fiat Chrysler Automobiles (FCA) in Canada. Although Canada invested $325 million in the paint shop, indicating long-term plans for […]
First Nation’s groups propose specific risk mitigation that could “save the pipeline”
Rerouting the pipeline expansion to avoid a First Nation’s aquifer and ensuring another First Nation will always be immediately notified of a pipeline spill are among the steps Ottawa could […]
Green building technology to grow annually by 10.12% to the year 2023
The Green Building Technology sector is expected to enjoy a compound annual growth rate (CAGR) of 10.12% each year from 2018 to 2023. The construction market worldwide is booming, especially […]
U.S. and Mexico resume talks for NAFTA auto agreement — door open for Canada to return to negotiations
The U.S. and Mexico trade ministers came closer to a deal yesterday. The two hope to bring Canada back into the discussions if they can agree on some remaining bilateral […]
Oil & Gas Report: Iran sanctions not priced into Brent “room for a runup in prices towards the end of the year”
Iranian oil-watchers expect a decline of 1.3mn b/d by the end of 2019, based on the sanctions from the U.S. Government. [1] With the situation still in “play” regarding foreign […]
