Honda Canada will spend $492 million to upgrade its Alliston, Ontario assembly plant, it was announced today. The Ontario and federal governments will each contribute $41.8 million to the investment, …
Honda to spend $492 million on Alliston plant upgrades Read More »
A positive performance by Canada’s manufacturers has economists speaking of higher-than-forecast growth in the first quarter, and growing momentum in the manufacturing sector. Statistics Canada reports that manufacturing sales grew …
January manufacturing sales best ever: Statistics Canada Read More »
Alberta’s weakened energy sector continues to pull the country’s manufacturing sales down. For the sixth consecutive month, sales of petroleum and coal products were lower in December than in the …
Manufacturing sales up in December but down for the year on weak energy sector Read More »
Cars and car parts provided most of the momentum for Canada’s manufacturing industry in November, pushing sales higher after three consecutive months of decline, Statistics Canada reports. Total manufacturing sales …
Cars and aerospace boosted Canada’s manufacturing sales in November Read More »
Fiat Chrysler will hire at least 600 new workers for its Windsor Assembly Plant. The total number of new hires could exceed 1,000, according to some. They will help the …
Windsor’s good fortune with Chrysler hiring tempered by TPP concerns Read More »
Canadian corporations saw profits shrink by 5.4 per cent in the third quarter of 2015. Earnings came in at $79 billion, according to Statistics Canada, down from $83.5 billion in …
Q3 corporate profits falter on oil, financial sector Read More »
Production capacity in Canadian industries rose slightly in the fourth quarter of 2014, reaching 83.6 per cent, Statistics Canada reports, continuing an upward trend that began in 2013. The production …
Mixed news for industrial production capacity, employment Read More »
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, …
Jobless rate down, balance of trade up as economy shows strength Read More »
