Manufacturing slowdown reflects oil and dollar declines
Canada’s manufacturing sector experienced a “sharp slowdown” in January according to the latest data from the RBC Canadian Manufacturing Purchasing Managers’ Index (PMI), with manufacturers apparently feeling the effects of […]
Canada-US trade as it should be, but diversification desirable: report
Talk of reducing Canada’s over-reliance on trade with its biggest partner goes back at least as far as the time of Pierre Elliot Trudeau. As prime minister in the 1970s […]
Researchers fly first hybrid-electric aircraft with in-flight battery recharging
Even after years of development and marketing, electric and hybrid cars remain a niche market for auto makers, accounting for less than 1 per cent of car sales worldwide. Compared […]
Irving Shipbuilding wins $2.3 billion icebreaker contract with navy
Irving Shipbuilding of Halifax today signed a contract worth $2.3 billion with the government of Canada for the building of six Arctic Offshore Patrol Ships (AOPS). The six Arctic ships […]
Saudi solar-powered desalination plant will be world’s largest
The world currently produces approximately 30 billion cubic metres of freshwater by desalination annually, a number that is predicted to double in the next decade to meet global demand. A […]
Manufacturing sales off in November led by cars, chemicals
Despite declining by 1.4 per cent in November, Canada’s manufacturing sales for the first eleven months of the year remain 5.2 per cent higher than for the same period last […]
Ontario engineers facing crisis of under-employment
The Ontario Society of Professional Engineers (OSPE) says that too many engineering graduates are underemployed, i.e., working in jobs that don’t necessarily require a university degree. The engineers group had […]
FedDev money for GTA aerospace company; Bombardier cutting losses on Learjet
A Mississauga aerospace company is the latest GTA beneficiary of government largesse. Koss Aerospace, which makes structural components such as wing ribs, bulk heads and seat tracks for aircraft makers […]
Promise of more investment in auto industry but no specifics
Industry Minister James Moore reminded CEOs of Ford, Honda and Toyota that Canada is a good place to build cars. This is the same message that was preached at Linamar […]
Government money to Ontario auto parts maker will ensure jobs
Canada’s second-largest auto parts maker, Linamar, has agreed to maintain a minimum of 6,870 jobs at its Ontario facilities in exchange for an investment of just over $101 million by […]
NASA and Nissan to build autonomous vehicles together
Many common devices, especially medical ones, that we take for granted today were once thought highly innovative, even futuristic. The US space agency NASA has been responsible for quite a […]
Low oil prices not a serious threat to Canada’s economy: RBC
A new report from RBC Economics puts a relatively positive spin on the potential impact of falling oil prices on Canada’s economy. Headlines have recently warned that as much as […]
