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 […]
Solar energy a good investment, claims World Economic Forum
The World Economic Forum (WEF) is encouraging big investors to reconsider renewable energy, particularly solar, as a viable, profitable asset class. Renewable energy technology has made “exponential gains” in efficiency, […]
Propane suppliers condemn Ontario government’s support of natural gas expansion
The propane industry is outraged about the Ontario government’s announced $100 million Natural Gas Grant program. While admitting that natural gas is a cheaper option for consumers “at the commodity […]
Will quotas, targets and better technology get more drivers into EVs?
Thanks to government subsidies and cheaper prices for local brands, more electric cars are sold in China than in the rest of the world combined. Sales of battery-powered electric and […]
Microsoft acquires Montreal AI firm that creates “curious” machines that think like humans
Microsoft has acquired a Montreal-based artificial intelligence company whose mission is to create literate machines that can think, reason and communicate like humans. Maluuba, which has been in business for […]
Fiat Chrysler denies wrongdoing as EPA accuses it of emissions cheating
First Volkswagen, now Fiat Chrysler. A day after Volkswagen pleaded guilty to criminal charges related to its own emissions cheating scandal, the US Environmental Protection Agency has accused Fiat Chrysler […]
Honda to spend $492 million on Alliston plant upgrades
Honda Canada will spend $492 million to upgrade its Alliston, Ontario assembly plant, it was announced today. The Ontario and federal governments will each contribute $41.8 million to the investment, […]