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 »
