Nuclear industry makes do with refurbishment as new plants cancelled
It hasn’t been a great time for Canada’s nuclear industry, with the Ontario government’s decision to kill a $10 billion purchase of two new Candu reactors. However, the cancellation was […]
Pipelines safer than rail or truck for oil: report
Transporting oil by pipelines is significantly safer for workers and carries lower risk of spills than moving it by train or truck, a new report from the Fraser Institute says. […]
Ontario space firm wins $65 million satellite contract
COM DEV International Ltd., a leading manufacturer of space hardware subsystems with headquarters in Cambridge, Ontario and facilities in California and in Europe, will provide a variety of satellite components […]
Petronas deal could get LNG moving in Canada
While the state visit of China’s President Xi Jinping to Malaysia certainly overshadowed that of Stephen Harper, it’s doubtful that Xi left feeling as upbeat as Harper did. Harper’s three-day […]
Vancouver shipyard awarded $3.3 billion to build Coast Guard ships
The Canadian government announced today that Vancouver Shipyards will be building up to ten new “large, non-combat ships” for the Canadian Coast Guard, at an estimated cost of $3.3 billion. […]
India interested in oil and gas as well as uranium from Canada
Barely a day after former cabinet minister Jim Prentice told attendees at the Oil and Money Conference in London that Canada needs to establish more international markets for its oil […]
Canada’s energy sector “at a crossroads,” risks falling behind
Former cabinet minister Jim Prentice, now vice-chairman of CIBC, told the Oil and Money 2013 Conference in London, England that the energy industry in Canada is “at a crossroads,” and […]
Canada’s economy rebounds with stronger manufacturing, construction
After a worrisome drop of half a percentage point in June, Canada’s real gross domestic product grew 0.6 per cent in July, Statistics Canada reports. Several sectors of the economy, […]
Statoil and Husky Energy find “significant” oil offshore Newfoundland
Statoil Canada says its exploration well located in the Bay du Nord northeast of St. John’s Newfoundland is a “high impact discovery.” The company, working with Husky Energy, confirmed that […]
Solar researchers closing in on 50 per cent PV efficiency
Researchers at the Fraunhofer Institute for Solar Energy Systems in Germany announced that they have broken a previous record and created a solar cell with 44.7 per cent efficiency at […]
Héroux-Devtek subsidiary to provide landing gear for Boeing 777
HDI Landing Gear, a subsidiary of Héroux-Devtek of Quebec, announced that it has signed a Memorandum of Agreement (MOA) with Boeing to supply landing gear systems for the Boeing 777 […]
Ford investment in Oakville gets auto industry “on the move again”
In its most recent statement on the Ontario economy, RBC Economics took a pessimistic tone in general, saying that despite promising signs earlier in the year, “we are still waiting […]
