Manufacturing sales rebound in August; industry must “reinvent” itself to prosper
Led by record-high food sales, Canada’s manufacturing sector experienced sales growth of 0.9 per cent in August, with sales up in fifteen of the twenty-one industries tracked. Total sales for […]
Acquisition of SABMiller makes Molson Coors third-largest brewer in the world
Molson Coors, the entity that came into being with a merger in 2005, created a new joint venture with SABMiller in 2008. That company, MillerCoors, is based in Chicago and […]
Optimism abounds for Canada’s LNG future after Pacific Northwest approval
Even as the main stakeholder is said to be looking for a way out, there is a lot of optimism in the air about Canada’s LNG prospects since the federal […]
Eleventh hour intervention by Marchionne secured Fiat Chrysler deal
Was it the personal involvement of Sergio Marchionne, CEO of Fiat Chrysler Automobiles (FCA) and a “proud” Canadian, that produced the last-minute tentative agreement between the automaker and Unifor last […]
BC, Ontario economies to lead country into 2017
A new report from BMO Economics says that Canada’s provinces have very different economic outlooks over the next year, with Alberta and Newfoundland and Labrador going further into recession, Saskatchewan […]
Local Ford union rebellion over GM contract threatens pattern bargaining
Contract negotiations between Unifor and the Detroit Three automakers have become potentially more complicated as a union local leader at an Oakville Ford assembly plant has said he will not […]
SNC-Lavalin-China agreement could expand market for CANDUs
China, the world’s biggest nuclear power market, is a natural target for a Canadian company with global reach and advanced nuclear technology like SNC-Lavalin. SNC-Lavalin has announced the signing of […]
De Beers new diamond mine in far north among world’s largest
Two decades since it was discovered, and after an investment of about $1 billion in its development, the Gahcho Kué diamond mine is now officially open. Diamond giant De Beers […]
Manufacturing sales up slightly in July, Q3 forecast to be stronger
Canada’s manufacturers sold slightly more goods in July as sales edged up 0.1 per cent to $50.7 billion, reports Statistics Canada. Higher sales of food, petroleum and coal products, and […]
Oil supply rising even as demand growth falls; investment likely to be slashed further in 2017
Demand for oil is weaker than previously assumed, says the International Energy Agency in its September oil market report. Global demand has been revised downward by 100,000 barrels per day […]
Steel industry welcomes anti-dumping investigation by federal government
After a rising chorus of criticism from the industry and from local chambers of commerce, the federal government announced today that it has launched an investigation into “alleged injurious dumping” […]
Canada could get 35 per cent of its power from wind with no disruption to existing grid: study
Canada could get more than one-third of its electricity from wind energy with no compromise to grid reliability, according to a recent study from the Canadian Wind Energy Association (CanWEA). […]
