Corporate profits up 8.8 per cent over last year: Statistics Canada
Auto industry posts highest revenues in seven years Canada’s corporate profits continued to rise in the third quarter of the year, Statistics Canada reports, rising 3.7 per cent from the […]
New GO buses will be assembled in GTA
GO Transit will be receiving 253 new low-floor, high-capacity double-deck buses from Scottish bus maker Alexander Dennis Limited (ADL). Under the terms of the agreement between Metrolinx and ADL, a […]
Youth trainee program seeks to address skilled labour shortage
An industry-led initiative to recruit and train young workers for jobs in aerospace and other industries is beginning to show results. The Ontario Manufacturing Learning Consortium (OMLC) was established earlier […]
Exports, especially oil, driving Canada’s growth: EDC
Export Development Canada (EDC) says that while Canada did better than most of the world’s developed economies throughout the recession thanks to its “relative internal strength,” we have now got […]
CAE announces new flight simulator sales, higher profits
Montreal’s CAE, a world leader in flight simulation technology, announced today that is has won contracts for nine full-flight simulators (FFSs) and other training devices and update services. The customers […]
Researchers studied successful manufacturers for lessons for the future
Researchers at the Lawrence National Centre for Policy and Management at the University of Western Ontario have published a report on the future of Canadian manufacturing. The report is an […]
Wind projects going ahead in Quebec, public not necessarily on board
A number of new wind farm projects are going ahead in Quebec, and the provincial government there is working with the Canadian Wind Energy Association (CanWEA) to develop a new […]
Jobless rate down, balance of trade up as economy shows strength
Once again, the economists got it wrong. A Bloomberg News survey of twenty-five economists had produced a forecast for 5,000 Canadian jobs lost in October. Instead, 43,100 jobs were created, […]
Honda expansion a win for Ontario’s auto sector
With a conditional grant of up to $85.7 million from the government of Ontario, Honda Canada is set to invest $857 million in its Alliston plant to make it the […]
Swiss tech does the impossible, creates white solar panels
A Swiss technology company says it has achieved the impossible, creating the world’s first white solar panels. The Swiss Centre for Electonics and Microtechnology (CSEM) announced that its revolutionary technology […]
Manufacturing index rises, conditions “robust” in October: RBC
The latest survey of Canada’s manufacturers shows higher volumes of new orders and increased production levels in October as firms continue to hire workers to meet demand. Expansion of manufacturing […]
TransCanada confident Energy East pipeline will be built
Calling it an important milestone in the regulatory process, TransCanada Pipeline today filed its application to build the Energy East pipeline with the National Energy Board. The application consists of […]
