MRO Magazine


News


  • News Industry

    Bombardier cutting 5,000 jobs, selling Q400 and flight training programs

    November 12, 2018 by Christopher Reynolds

    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

  • News Industry

    Nutrien to focus on Saskatchewan for potash, writes off east coast facility

    November 12, 2018 by The Canadian Press

    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

  • News Industry

    Barrick shareholders vote more than 99 per cent in favour of Randgold takeover

    November 12, 2018 by The Canadian Press

    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,

  • News Industry

    Funding for Borden “Mine of the Future”

    November 12, 2018 by Mario Cywinski

    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

  • News Industry

    New Gold Appoint CFO

    November 12, 2018 by Mario Cywinski

    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

  • News Industry

    Zedcor Energy Senior Leadership Team Changes

    November 12, 2018 by Mario Cywinski

    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.

  • News Industry

    Carbon taxes on coal fired power plants to affect only some of their emissions

    November 5, 2018 by Mia Rabson

    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

  • News Industry

    Three shipyards set to share $7 billion in navy maintenance contracts

    November 5, 2018 by The Canadian Press

    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

  • News Industry

    Ottawa to purchase a sixth Arctic and offshore patrol vessel: Sajjan

    November 5, 2018 by Keith Doucette

    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

  • News Industry

    New president at Manitoba Hydro to navigate turmoil at Crown corporation

    November 5, 2018 by The Canadian Press

    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

  • News Industry

    Potash company Agrium fined in Saskatoon court for serious injury to worker

    November 5, 2018 by The Canadian Press

    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

  • News Industry

    China manufacturing weakens to 2 year low amid trade battles

    November 5, 2018 by Joe McDonald

    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’

  • News Industry

    Imperial reviews oilsands project approvals as heavy oil price discounts persist

    November 5, 2018 by Dan Healing

    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.

  • News Industry

    Tariff strife largely overlooked in runup to Tuesday’s U.S. midterms

    November 5, 2018 by James McCarten

    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

  • News Industry

    Rittal Systems Certified Great Place to Work

    October 29, 2018 by Mario Cywinski

    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

  • News Industry

    Bentley Systems Names Year in Infrastructure 2018 Award Winners

    October 29, 2018 by MRO Magazine

    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

  • News Industry

    Barrick Gold in talks with partners in China and Saudi Arabia on copper assets

    October 29, 2018 by Ian Bickis

    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

    October 29, 2018 by The Canadian Press

    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

  • News Industry

    Statistics Canada reports wholesale sales fell 0.1% to $63.6B in August

    October 29, 2018 by The Canadian Press

    OTTAWA – Statistics Canada says wholesale sales fell 0.1 per cent in August to $63.6 billion. Economists had expected no change to the figure for the month, according to Thomson Reuters Eikon. Sales were down in four of seven subsectors,

  • News Industry

    Resolute invests $40 million in northern Ontario mills, creates 25 jobs

    October 29, 2018 by The Canadian Press

    THUNDER BAY – Resolute Forest Products Inc. says it’s investing $40 million in its northwestern Ontario operations to reduce emissions, increase capacity, and modernize equipment. The company made the announcement as Premier Doug Ford and Natural Resources Minister Jeff Yurek