Outperforming auto sector leads manufacturing “resurgence”
A new report on global auto sales from Scotiabank says that car sales reached record highs in February. The fastest growth was in Western Europe, followed by North America and […]
Fewer building permits in February for non-residential construction
Large declines in non-residential building intentions drove the value of building permits issued in Canada in February down by 0.9 per cent. Stronger residential activity in most provinces prevented the […]
Higher efficiency solar cells within reach
The president of a technology company that claims to be changing the way solar cells are made has challenged the industry to adopt his company’s technology if they want to […]
First LNG-powered ferry to begin service in Quebec
The first liquefied natural gas-powered ferry “of its kind” to operate in North America left the Italian shipyard where it was built on April 1 and set sail for […]
Large electric aircraft feasible with record-breaking Siemens motor
Last year, Airbus revealed that it had a working model of an electric aircraft. The Airbus E-Fan is a small, lightweight twin-engine, two-person craft that Airbus said it created to […]
Closing GM Oshawa would cost economy billions: UNIFOR
A new UNIFOR report on the auto industry in Canada comes with a dire warning. The GM Canada operation in Oshawa, Ontario is losing production of one of its most […]
Honda Canada makes its 7-millionth car, a Civic EX Sedan
Honda of Canada announced today that it has reached another milestone in its twenty-ninth year of Canadian operations: it has built its seven-millionth vehicle in Canada, a Civic EX […]
Surveillance systems company receives $75M federal investment
A Burlington, Ontario company that makes defence surveillance equipment is the recipient of $75 million from the federal government’s Strategic Aerospace and Defence Initiative (SADI), to be invested in […]
Months, if not years, until balance restored in oil markets
The Organization for Economic Cooperation and Development (OECD) is but the latest observer to cut Canada’s economic growth expectations for 2015, in this case from 2.6 per cent to 2.2 […]
Shortage of skilled labour facing Ontario construction industry: report
A new report from BuildForce Canada warns that the construction industry in Ontario will face a huge shortage of skilled labour over the next ten years, and many construction projects […]
Mixed news for industrial production capacity, employment
Production capacity in Canadian industries rose slightly in the fourth quarter of 2014, reaching 83.6 per cent, Statistics Canada reports, continuing an upward trend that began in 2013. The production […]