Category
Industry
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CTMA Breakfast Seminar Discusses USMCA, Tariffs
The Canadian Tooling and Machining Association (CTMA) recently hosted a breakfast seminar at the Galt Golf and Country Club in Cambridge, Ontario. The topic was USMCA and Steel/Aluminum Tariffs The God, The Bad, The Ugly! Two speakers highlighted the meeting,…
Bombardier cutting 5,000 jobs, selling Q400 and flight training programs
MONTREAL – Bombardier Inc. announced Thursday it will shed 5,000 jobs company-wide and sell off two units as part of chief executive Alain Bellemare’s five-year plan to rein in costs, focus on rail and business jets and reduce the net…
Nutrien to focus on Saskatchewan for potash, writes off east coast facility
SASKATOON – The head of Nutrien Ltd. says the company has enough room for potash expansion in Saskatchewan that it doesn’t make sense to invest in expanding production in costlier regions. Chief executive Chuck Magro made the remarks on conference…
Barrick shareholders vote more than 99 per cent in favour of Randgold takeover
TORONTO – Barrick Gold Corp. says shareholders have voted more than 99 per cent in favour of a takeover of Randgold Resources Ltd. The proposed combination of the two companies, announced in September, would add gold mine properties in Mali,…
Funding for Borden “Mine of the Future”
Government of Canada plans to invest $5 million to help position Goldcorp Canada Inc.’s Borden Mine as a mine of the future, producing ore in a more environmentally sustainable way. Canada’s Minister of Natural Resources, the Honourable Amarjeet Sohi, Parliamentary…
New Gold Appoint CFO
New Gold Inc. has named Robert J. Chausse as Executive Vice-President and Chief Financial Officer. He brings over 25 years of international finance experience, exclusively in the mining sector. He takes over for Paula Myson. “I am very pleased to…
Zedcor Energy Senior Leadership Team Changes
Zedcor Energy Inc. has named Kim Cotter as Chief Financial Officer, replacing Ken Olson who has resigned. Cotter has been with Zedcor since February 2016 as Corporate Controller and has 15 years of financial experience, as well as holding CPA-CA designation.…
Carbon taxes on coal fired power plants to affect only some of their emissions
OTTAWA – Coal-fired power plants in Canada will pay to keep polluting once the federal government imposes a carbon price but, like other heavy emitters in Canada, they won’t pay for every tonne of greenhouse gas they produce. Environment Minister…
Three shipyards set to share $7 billion in navy maintenance contracts
OTTAWA – The federal government says it plans to divvy up $7 billion in maintenance and repair contracts for Royal Canadian Navy frigates to three shipyards, a political compromise that was met with mixed reaction. Public Services and Procurement Canada…
Ottawa to purchase a sixth Arctic and offshore patrol vessel: Sajjan
HALIFAX – Concern over a potential lack of work for Halifax’s Irving Shipbuilding turned to cheers Friday as the federal government announced it would purchase a sixth Arctic and offshore patrol vessel for the Royal Canadian Navy. Defence Minister Harjit…
New president at Manitoba Hydro to navigate turmoil at Crown corporation
WINNIPEG – The Manitoba government has appointed a new president and chief executive officer at its Crown-owned energy utility. Jay Grewal becomes the first woman to head Manitoba Hydro, and takes over the top spot as the utility faces mounting…
Potash company Agrium fined in Saskatoon court for serious injury to worker
SASKATOON – The former potash company Agrium Inc. has been fined $490,000 in a Saskatoon court for an occupational safety violation that resulted in serious injuries to a worker. Agrium pleaded guilty in provincial court to failing to provide a…
China manufacturing weakens to 2 year low amid trade battles
BEIJING – China’s manufacturing activity fell to a two-year low in October as domestic demand weakened, an official measure showed Wednesday, adding to pressure on Beijing to shore up economic growth amid a tariff war with Washington. The purchasing managers’…
Imperial reviews oilsands project approvals as heavy oil price discounts persist
CALGARY – Two new oilsands projects with the combined capacity to produce up to 200,000 barrels per day have been approved by the Alberta Energy Regulator but proponent Imperial Oil Ltd. isn’t saying when or if it will build them.…
Tariff strife largely overlooked in runup to Tuesday’s U.S. midterms
CLEVELAND – As Donald Trump resumes the role of barnstormer-in-chief before Tuesday’s critical midterm elections, America’s ongoing tariff feud with friends and foes alike seems all but forgotten – at least for now. Gone are the heady, dog days of…
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Troubleshooting Failure Modes
Protecting industrial shaft seals from failure. Industrial shaft seals in rotating machinery primarily function to retain lubricant, exclude contaminants (such as dust or moisture), separate media (including lubricant), and/or confine pressure. In turn, they protect bearing arrangements, optimize bearing service…
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Rittal Systems Certified Great Place to Work
Rittal Systems Ltd. has been certified as a Great Place to Work by the Great Place to Work Institute Canada for the sixth straight year. The certification is based on feedback from employees, provided as part of an anonymous survey…
Bentley Systems Names Year in Infrastructure 2018 Award Winners
Bentley Systems Inc., announced the winners of the Year in Infrastructure 2018 Awards. The annual awards program honour the work of Bentley users advancing design, construction, and operations of infrastructure throughout the world. Twelve independent jury panels of industry experts…
Barrick Gold in talks with partners in China and Saudi Arabia on copper assets
TORONTO – Barrick Gold Corp. says it’s in talks with partners in China and Saudi Arabia on potential deals involving its copper assets as it looks ahead to its acquisition of Randgold Resources and an increased focus on African gold…
Roads reopen, business resumes in Langley, B.C., following ammonia leak
LANGLEY – All roads have reopened around an industrial park in the Township of Langley, south of Vancouver, almost two days after an ammonia leak forced an evacuation of the area. RCMP say roads around the industrial park reopened around…
