Pharma company shares surge on favourable Q2 report
Shares in Quebec’s Valeant Pharmaceuticals International surged on the Toronto Stock Exchange yesterday after the company released its second quarter earnings report, which surpassed expectations. Shares were trading at $341 […]
World’s first 3D printed auto manufacturing platform
Even though government regulation has forced carmakers to build more and more fuel-efficient, “greener” cars in the last couple of decades, the manufacturing process itself is far from environmentally friendly. […]
3D printed hempcrete could revolutionize construction industry
A building material dubbed hempcrete is being called an ideal solution for environmentally friendly building by some in the green building movement. Made from a mixture of hemp fibre and […]
Slight increase in manufacturing sales in May
Canada’s manufacturers sold a lower volume of goods in May, though there was a slight increase in sales by dollar value, Statistics Canada reports. It was the second increase in […]
Magna International acquires German transmission giant
Two of the world’s leading automotive companies announced today that they are joining forces in a move that will bring “extraordinary benefits” to both parties. Canada’s Magna International will acquire […]
Netherlands company to test plastic road construction
Some of the most interesting and innovative ideas regarding road construction come from the Netherlands. Last October, the world’s first solar road was installed near Amsterdam. The road is actually […]
Infrastructure Ontario seeks proposals for Highway 427 expansion
The Ministry of Transportation (MTO) and Infrastructure Ontario have issued a request for qualifications (RFQ) for the design, construction and maintenance of the Highway 427 expansion project. The project entails […]
IKEA to add EV charging stations at Canadian stores
Charging an electric car battery will become a little more convenient for the 12,000 or so EV drivers in Canada when IKEA adds a dozen new EV charging stations this […]
Irving Shipbuilding looking to lure workers back east from Alberta
Canada’s national shipbuilding procurement strategy, announced more than five years ago, with a price tag of $40 billion, will see the building of up to fifteen new combat ships and […]
Trade deficit increased in May on weaker exports
Canada’s trade deficit with the world grew in May, from $3 billion in April to $3.3 billion in May, according to Statistics Canada. The growing deficit was the result of […]
Bombardier to build more commuter trains for London transit
Bombardier Transportation, the rail division of the aerospace company, will build and maintain 180 new vehicles for Transport for London, the government body responsible for London’s public transport system. The […]
Slight upturn in Canada’s manufacturing in June
For the first time in five months, Canada’s manufacturing sector showed signs of a “modest recovery” in June. Production volumes, new business intakes and employment numbers all picked up, according […]
