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. […]
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 […]
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 […]