“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 […]
Canada’s auto industry on cusp of rebuilding in NAFTA, but no thanks to CETA: Unifor
Two major free trade agreements have the potential to affect Canada’s auto industry, the North American Free Trade Agreement (NAFTA), already in place but due to be “tweaked” by the […]
Gold miners expand production in Nunavut, estimated reserves in BC
Canadian gold mining company Agnico Eagle announced that it will invest more than $1.2 billion in two new mines in the Nunavut Territory beginning this year. The company’s mine at […]
Flying car maker looking for first orders for its sports car/gyrocopter PAL-V
A flying car that its manufacturer says is ready to go is now on sale from a company in the Netherlands. The PAL-V Liberty, the first commercial flying car in […]
