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, […]
Manufacturing up in December amid uncertainty about future US-Canada relations
Business conditions in Canada’s manufacturing sector showed “modest” improvement in December, according to the latest Markit Canada Manufacturing Purchase Managers’ Index (PMI). The December reading of 51.8 was the highest […]
Renewable energy now costs less than fossil fuels in some countries: report
The price of renewable energy has fallen to unprecedented lows, according to a report from the World Economic Forum (WEF). For the first time, solar energy is now cheaper in […]
Ford GT supercar in production at Markham’s Multimatic plant
Auto writers are falling over themselves to praise the new Ford GT supercar, which is now in limited production at a small plant in Markham. The first vehicle rolled off […]
Bombardier upbeat about growth prospects now that CSeries jets are flying
Bombardier’s chief executive has presented a decidedly upbeat assessment of the plane maker’s prospects for 2017. During an investor briefing in New York City, Alain Bellemare told investors and industry […]
Large investment in Toronto biotech company could lead to new therapies for heart patients
German pharmaceuticals giant Bayer, along with Versant Ventures, has announced one of the largest investments of venture capital in a Canadian biotech company. The $225 million investment is one of […]
Canadian cleantech sector strong in research, innovation, but weak in commercialization
Canada is better at academic research and publishing papers on new cleantech technologies than it is at commercializing those new technologies. A new report from Sustainable Development Technology Canada and […]
Chrysler Pacifica Hybrid, first electric minivan, rolls out in Windsor
With the official launch of the world’s first hybrid minivan, the Chrysler Pacifica Hybrid, Chrysler’s Windsor assembly plant further solidifies its position as one of North America’s leading minivan producers. […]
Oil leads Canada’s GDP growth while OPEC production cuts have prices surging
Canada’s economic output grew by an annualized rate of 3.5 per cent in the third quarter, largely on the strength of strong energy exports. Exports in the energy sector increased […]
Thousands of construction workers needed but interest low among young
The average wage in Canada is about $25 an hour, but many Canadian workers earn less than that, and the number of workers in that category is growing. In fact, […]
