Wind capacity reaches 82,183 megawatts in US, enough to power 24 million homes
The United States is chasing after wind-friendly Europe and Asia. With wind power generating more power than hydro — for the first time — it now produces 5.5 percent of […]
Tesla is now the number one valued carmaker in America, jumping ahead of GM
No one could argue that Elon Musk’s visionary approach to automobile engineering made Tesla the acknowledged industry leader in innovation. What may surprise many is that this vision translated […]
Manufacturing continues to grow but exports decline, increasing Canada’s trade deficit in February
Canada’s manufacturing sector continued to grow in March according to the Markit Canada Manufacturing Purchasing Managers’ Index (PMI) which measures business conditions in the sector. The PMI rose from 54.7 […]
“Fireworks” in Canada’s economy as GDP rises 2.3 per cent in January
Canada’s economy grew at an annualized rate of 2.3 per cent in January, reports Statistics Canada, with widespread growth reported in both goods and service-producing industries. The actual increase was […]
Greater transparency, accountability called for in new homes warranty plan for Ontario
Following the completion of a study of Ontario’s new homes warranty plan, the government says it will follow the study author’s recommendations and end the monopoly currently held by […]
World’s largest gate valves will operate in Texas water pipeline
No doubt overshadowed, in Canada at least, by the breaking news that US President Trump has approved the long-delayed Keystone XL Pipeline, another pipeline story is unfolding in Texas, […]
Calgary tech company says radio frequency oil extraction tests were successful
A Calgary tech company has field tested its patent-pending radio frequency heating technology, known as RF XL, developed to recover bitumen from the Alberta oil sands in an environmentally friendlier […]
$ Trillions needed to decarbonise global energy supply to meet Paris Agreement targets
It will cost the world trillions of dollars, but the payoff will be even greater, and it must begin now in order to ensure the maximum benefits. Decarbonisation of the […]
Global car sales up, luxury auto market surging in Canada: Scotiabank
After forecasting a slowdown in auto sales in Canada in 2017 back in January, Scotiabank now says the sector is in much better shape than it appeared then. More recent […]
Canada’s manufacturing sales rose in 2016, led by cars, food
Manufacturing sales rose in 2016 after declining in 2015, Statistics Canada reports. Sales were up 1 per cent to $614.4 billion last year, reaching a record $53.5 billion in December. […]
Little agreement on whether it works, but governments press ahead with infrastructure spending
Public infrastructure is one of the few forms of government spending that both liberals and conservatives support, says The Economist in a 2014 article on the subject. Citing a study […]
Strong manufacturing rebound in February led by energy sector
Manufacturers in Canada took orders, bought raw materials and raised production levels in February at the fastest rate in more than two years. The robust and accelerated growth contributed to […]
