Saudis will no longer provide “insurance policy” for high-cost oil producers
Saudi Arabia says it has seen the pain, but it has no intention of changing its policy. It will continue to pump enough oil to protect its market share regardless […]
Exports, innovation key to small business success: CIBC
The small business sector has been the mainstay of the Canadian economy over the past several years. Since the Great Recession, when many large corporations laid workers off in droves, […]
Record car sales reported in Canada, US for October
Car sales in Canada and the United States set new records in October. General Motors and the other US carmakers reported sales that far exceeded expectations. GM said that October’s […]
Manufacturing grew in August; oil industry to lose $2.1 billion in 2015
Canada’s economy grew ever so slightly in August, with gross domestic product up 0.1 per cent. GDP rose 0.4 per cent in June and 0.3 per cent in July. The […]
$1 billion injection from Quebec government will keep Bombardier aloft
As widely expected, Bombardier has accepted a $1 billion bailout from the Quebec government after reporting a fourth quarter loss of $4.9 billion. The company has rid itself of the […]
First Electric Car Day held at Queen’s Park
A group that advocates for the adoption of electric vehicles in Canada staged its first Electric Vehicle Day today at Queen’s Park in Toronto. A range of electric vehicles cars […]
Robots, 3D printing to revolutionize building industry unchanged for 5000 years
An outspoken and controversial architect from Austria says that robotic construction and 3D printing are the future of architecture, whether we like it or not, and architects who fail to […]
Industry mostly positive about government’s infrastructure spending plans
Various business and industry groups have come forward to offer congratulations and statements of good intentions to the new Liberal government. At least one group, Canada’s largest private sector union, […]
Short list announced for Green Car of the Year
The 2015 Green Car of the Year was the all-electric BMW i3, taking the award given by Green Journal and voted on by auto journalists and environmental advocates and given […]
Cars new and used dominate Canada’s exports
Though Statistics Canada reports that manufacturing sales were down slightly in August, with a 0.2 per cent dip from the previous month, Scotiabank points out that that outcome was better […]
Final testing of Bombardier’s C Series to begin
Bombardier said today that its new CS100 aircraft is in the final stages of certification, having successfully completed over 90 per cent of the certification program. It is now in […]
Public support for refurbishing nuclear at all-time high: survey
The pending closure of a nuclear power plant in Massachusetts is perhaps a reminder of what can happen when these facilities become too expensive to operate. The Pilgrim Nuclear Power […]
