Canada’s economy grew at an annualized rate of 2.3 per cent in January, reports Statistics Canada, with widespread growth reported in both goods and service-producing industries. The actual increase was …
“Fireworks” in Canada’s economy as GDP rises 2.3 per cent in January Read More »
Aurora, Ontario-based auto parts manufacturer Magna International, the largest North American parts maker and the third largest in the world, posted higher-than-expected profits for its third quarter, ending September 30. …
Magna International posts strong sales gains in third quarter Read More »
Canada’s auto industry is “single-handedly” boosting the country’s manufacturing activity and leading in non-resource exports, says a Scotiabank Economics report on the global auto industry. Global car sales were stronger …
Auto industry back on top as Canada’s biggest exporter: report Read More »
Wholesale trade in Canada picked up in March after two consecutive monthly declines, Statistics Canada reports. Sales rose 0.8 per cent, to $53.9 billion, with five of the seven subsectors …
More positive outlook for economy as March sales rebound Read More »
A new report on global auto sales from Scotiabank says that car sales reached record highs in February. The fastest growth was in Western Europe, followed by North America and …
Outperforming auto sector leads manufacturing “resurgence” Read More »
Two new plant expansions were announced in Ontario’s auto parts industry this past week, bringing an additional 113 jobs to the region. Howa Textile Industry of Japan, which operates in …
Two auto parts plants adding jobs in southwestern Ontario Read More »
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. …
Wholesale trade saw healthy gains in 2014: Statistics Canada Read More »
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 …
Corporate profits up 8.8 per cent over last year: Statistics Canada Read More »
