News
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Canada’s volatile jobs survey posts biggest monthly drop since 2009
Ottawa – The vigour that carried the Canadian labour market on its impressive run in 2017 hit a speed bump to start this year with its largest one-month job drop in nine years. The economy lost 88,000 positions – all…
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Mexico on idea of breaking NAFTA into separate deals: No gracias
Washington – Mexico’s chief NAFTA negotiator is brushing off the idea of breaking the three-country agreement into separate one-on-one deals. Kenneth Smith Ramos is using Twitter to argue for the merits of a trilateral NAFTA. He said that gives it…
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US services firms record strongest performance since 2005
Washington – The U.S. services sector boomed in January, registering the best performance since 2005 and delivering more evidence of American economic strength. The Institute for Supply Management, a trade group of purchasing managers, said Monday that its services index…
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Truck driver shortages hitting Canada’s forest products sector
Montreal – A shortage of truck drivers is hampering the country’s forest sector as shipments have been delayed and at least one producer was forced to slow production because of a lack of wood chips. Weyerhaeuser Co. chief executive Doyle…
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Time has come for national big data strategy, tech leaders tell governments
Ottawa – Tech leaders are challenging the federal Liberal government to get serious about reaping the rewards of one of the next big frontiers in the information revolution: big data. Canadian CEOs and academics have been pushing Ottawa for months…
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Critics of Kinder Morgan pipeline shout down Trudeau at B.C. town hall
Nanaimo, B.C. – Prime Minister Justin Trudeau spoke over jeers of “shame” at a rowdy town hall meeting in Nanaimo, B.C., on February 2, where he spent a large part of the two-hour gathering defending his government’s decision to…
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US factories grew again in January but a bit more slowly
Washington – American manufacturers expanded again last month, though more slowly than in December. The Institute for Supply Management, a trade group of purchasing managers, reported Thursday that its manufacturing index dipped to 59.1 in January from a revised 59.3…
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Consulting Engineers of Ontario appoints new CEO
Toronto — Rex Meadley P.Eng., chairman of the board of directors of Consulting Engineers of Ontario (CEO), announced the appointment of Bruce Matthews, P.Eng., as Chief Executive Officer, effective February 26, 2018. Matthews is a recognized leader with 16 years…
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Cascades finalizes the sale of its New York plant
Kingsey Falls, QC – Cascades Inc., a leader in the recovery and manufacturing of green packaging and tissue products, announced that it has completed the sale of the building and land of its Maspeth plant, located in the state of…
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Germany probes Bosch workers in US over diesel emissions
Frankfurt – Prosecutors in the German city of Stuttgart are investigating two employees of auto components and technology firm Robert Bosch LLC in the U.S. on suspicion of being accessories to fraud in connection with manipulated diesel emissions in Fiat…
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Siemens sales, orders rise on strengthening global economy
Frankfurt – Industrial equipment maker Siemens said Wednesday that its net income rose 12 per cent to 2.2 billion euros ($2.7 billion) in the last three months of 2017, helped by one-time gains from the sale of shares in its…
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Suncor Energy says driverless trucks will eliminate a net 400 positions
Calgary – About 400 jobs are expected to disappear at Suncor Energy Inc.’s oilsands mines in northern Alberta as it deploys driverless ore-hauling trucks to replace the ones humans operate now. “We have about 500 roles that will get eliminated…
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Statistics Canada says manufacturing helps boost economic growth in November
Ottawa – Strength in manufacturing helped boost economic growth in November as the sector posted its largest monthly increase since February 2014. Statistics Canada said real gross domestic product increased 0.4 per cent in November following a flat reading for…
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Mechanical pipe joining manufacturer plans to expand Pennsylvania facility
Easton, PA – Victaulic, a leading manufacturer of mechanical pipe joining solutions, plans to build a state-of-the-art, 400,000 square foot manufacturing centre in Lehigh Valley, Pennsylvania. In addition to housing the company’s current light assembly operation, which has been conducted…
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Dr. Oetker closing New Brunswick pizza manufacturing plant in May
Grand Falls, N.B. – Dr. Oetker is closing its leased pizza manufacturing plant in Grand Falls, N.B., at the end of May, eliminating 180 jobs. The company says an estimated 70 per cent of the production will move to its…
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J.D. Irving to make 1,700 new hires over the next three years
Saint John, N.B. – J.D. Irving, Ltd., says it will need to hire people to fill 1,510 new jobs in Canada and 190 in the United States over the next three years. The Saint John-based conglomerate company says its hiring…
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American skies open to C Series after Bombardier win against Boeing
Montreal – The skies over the world’s largest aerospace market have opened to Bombardier’s C Series aircraft after it won a resounding victory Friday against Boeing Co. U.S. International Trade Commissioners voted 4-0 that Boeing didn’t suffer harm from prospective…
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Campbell Soup to close Toronto manufacturing facility
Toronto – Campbell Soup Company says it’s shuttering its 87-year-old Toronto manufacturing facility within the next 18 months, impacting 380 jobs, as the food purveyor gets set to relocate it Canadian headquarters to a new location. The company says the…
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Different kind of tweet: Study says oilpatch causes sparrows to sing a new song
A study by a University of Manitoba researcher suggests that noisy oilpatch equipment causes songbirds to change their tune. The published paper looks at the effects of pumpjacks and compressor stations on the songs of savannah sparrows near Brooks in…
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Is a NAFTA deal doable: The litmus test is coming over next few days
Montreal – A pair of Canadian proposals over the next two days will provide a litmus test on one of the biggest questions looming over this country’s politics, economics, and international relations: Can a new NAFTA deal be achieved? The…
