Large CSeries order builds momentum for Bombardier
Dublin-based Macquarie AirFinance, a lessor of aircraft to international airlines, has signed a firm purchase agreement for forty Bombardier CS300 jets, Bombardier Commercial Aircraft announced today. Macquarie has taken options […]
Wood groups praising new six-storey construction limit
Beginning on January 1, 2015, Ontario’s mid-rise builders will have more options regarding construction materials. On that date, changes to the Ontario Building Code will make it legal to construct […]
Canada risks losing out in renewable energy revolution
Other economies have made clean-energy technologies and services a trade priority, but Canada has clung to the notion that only carbon-based fuels give us the competitive advantage we want. Because […]
Will Ukraine be Canada’s next big oil market?
Long before becoming premier of Alberta, Jim Prentice, a former cabinet minister in the Harper government, was talking about the need for Canada to find new markets for its oil […]
Ontario economy set to grow based on exports, weaker dollar
Canada’s manufacturers set a sales record in July, beating the record set back in July of 2008. Sales were up 2.5 per cent, to $53.7 billion, with sixteen of the […]
Manufacturing rose again in second quarter
Canada’s industries reached a production capacity of 82.7 per cent in the second quarter, up 0.6 per cent from the previous quarter, Statistics Canada reports. It was the fourth consecutive […]
Bombardier Transportation workers ratify contract
The strike by workers at Bombardier’s light rail plant in Thunder Bay has ended as a tentative contract deal has been approved by workers in a ratification vote. The new […]
Largest biomass power plant in NA set to open in Atikokan
The conversion of a former coal-fired power generating station in Atikokan, Ontario to a biomass-fueled plant is complete. The Ontario Power Generation (OPG) plant will have its grand opening tomorrow, […]
No fracking for now in Nova Scotia
The government of Nova Scotia has decided to play it safe where hydraulic fracturing, or fracking, is concerned. The energy minister announced that the province intends to prohibit high-volume fracking […]
Canada’s auto sales soar; Toyota passes 100K mark for hybrids
Auto sales in Canada were up 8 per cent in August, reaching 21 per cent higher than the five-year average for the month. A total of 171,560 new cars, trucks, […]
Manufacturing output grew again in August
Canada’s factory output increased in August, reaching its highest level in nine months, as measured by the RBC Canadian Manufacturing PMI. Overall business conditions improved at their fastest pace since […]
Consumer spending drives strong GDP growth in second quarter
Almost every sector of Canada’s economy expanded in the second quarter of the year, Statistics Canada reports. The annualized growth rate of 3.1 per cent was greater that had been […]
