Bombardier to test fly CS300; equity offering increased
Bombardier Commercial Aircraft has received approval from Transport Canada to test fly its CS300 aircraft. The flight could take place next week, weather permitting. The CS300 is the larger of […]
Wholesale trade saw healthy gains in 2014: Statistics Canada
Despite unrelentingly bad news from Canada’s energy sector, the country’s wholesale trade ended the year 2014 on a high. Wholesale sales rose 2.5 per cent in December, Statistics Canada reports. […]
Tesla wall-mounted battery will power the whole household
Tesla Motors founder Elon Musk seems to relish his position as one of the world’s most disruptive entrepreneurs. First he challenged the global auto industry with his all-electric Tesla cars. […]
Scientists create liquid fuel from solar energy
The solar power industry has grappled with an overriding problem for decades: efficiency. The potential of photovoltaic cells to provide energy is enormous, but so far finding efficient and scalable […]
New York’s ban on fracking gives hope to other opponents
The decision last December by New York State Governor Andrew Cuomo to ban high-volume hydraulic fracturing (HVHF) for shale gas in that state came after several years of studies and […]
Ontario’s food producers missing local growth opportunities: study
If Ontario farmers grew locally just 10 per cent more of the fruits and vegetables that are currently imported, the benefit to the economy would be approximately a quarter of […]
Expect record-high auto sales in 2015: Scotiabank
Canadian auto sales were stronger that expected in 2014, rising 6 per cent to a record 1.85 million units. The Scotiabank Global Auto Report is projecting that sales will be […]
Canadian Solar could earn $2.3 billion through acquisition of Recurrent Energy
Canadian Solar has bought Recurrent Energy, a California-based subsidiary of Japan’s Sharp Corporation, for $265 million. Canadian Solar, one of the top ten solar panel makers worldwide, is headquartered in […]
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 […]
