News
-
NTN Celebrates Centennial
NTN held a gala celebration recently at the Omni King Edward hotel in Toronto, Ontario to celebrate its centennial, as well as 50 years of operations in Canada. “We are so proud of this milestone,” said Paul Meo, CEO and…
Out with NAFTA, in with USMCA: Canada inks new trade deal with U.S., Mexico
WASHINGTON – A new era in North American free trade dawned in the dead of night Sunday as a 14-month NAFTA modernization effort between Canada, the U.S. and Mexico finally came to fruition with just hours to spare before an…
Audit finds boosters of Muskrat Falls megaproject ‘understated’ its costs
An audit has found Newfoundland’s Nalcor Energy may have overstated the potential value of its Muskrat Falls hydro megaproject – and prematurely dismissed alternative electricity options for the province. Accountants from Grant Thornton testified Friday at the inquiry into cost…
Teck Resources takes $20.6B Frontier oilsands mine project to joint hearing
FORT MCMURRAY – In a sign that the oilsands mining industry can’t be counted out just yet, public hearings into the proposed $20.6-billion Frontier Oil Sands Mine project begin in Fort McMurray, Alta., today. International oil companies are cutting their…
Ontario to scrap Drive Clean emissions test, target heavy duty vehicles instead
TORONTO – Ontario’s Drive Clean vehicle emissions testing program will be dismantled next year and replaced with a new system that will focus on heavy-duty vehicles such as transport trucks, the government said Friday. The Progressive Conservative government said the…
Acid shipments halted in B.C. city while series of leaks is investigated
Municipal officials in southeastern British Columbia say they have been assured that the company which moves sulphuric acid through a West Kootenay city won’t resume shipping until a thorough engineering investigation wraps up. A post on the City of Trail…
Environmentalists ask U.S. regulators to reconsider Enbridge pipeline project
Environmental and Indigenous groups asked Minnesota regulators on Tuesday to reconsider their approval of Enbridge Energy’s plans to replace its aging Line 3 crude oil pipeline across northern Minnesota. The groups, including the Sierra Club, Youth Climate Intervenors, Friends of…
Chorus Aviation wins heavy maintenance contract with Latvia’s airBaltic
Halifax – Chorus Aviation Inc. says it has signed a deal to perform heavy maintenance work for Latvia’s airBaltic. Financial terms of the agreement were not immediately available. Under the deal, Jazz Technical Services will provide airframe maintenance for airBaltic’s…
-
EMC Hosts Woodland Classic
Excellence in Manufacturing Consortium (EMC) held its 16th annual Woodland Classic golf tournament at Rebel Creek Golf Club in Petersburg, Ontario. “Thanks to everyone who participated in EMC’s 16th Annual Woodland Classic where we brought together over 100 manufacturers and…
U.S. Midwest refinery maintenance outages to weigh on Canadian oil prices
A maintenance shutdown at the refinery that is the largest buyer of Canadian heavy oil in the United States is expected to extend and possibly worsen the price discounts on crude from north of the border. Analysts at AltaCorp Capital…
-
IMTS 2018 Breaks Records
The 32nd annual International Manufacturing Technology Show (IMTS) 2018, put on by The Association For Manufacturing Technology (AMT), was a record setter. For 2018, IMTS had 129,415 people registered, offered 1,424,232 square/feet of exhibit space, included 2,123 booths and 2,563…
Despite progress, threat of 232 tariffs dominates NAFTA negotiations
Washington – Despite the eye-popping figures thrown around in the NAFTA conversation – $2 billion in daily trade, 18 million autos built each year, hundreds of thousands of jobs in the U.S. – one number in particular seems to be…
Eldorado Gold seeking $1.1B from Greece as compensation for permit delays
Vancouver – Eldorado Gold Corp. is seeking $1.1 billion from the Greek government for damages it says it suffered due to permit delays related to its Skouries project. The company says the application is a non-judicial request for payment and…
Statistics Canada reports manufacturing sales rose 0.9 per cent in July
Ottawa -Statistics Canada says manufacturing sales increased 0.9 per cent in July to $58.6 billion, boosted by the transportation equipment and chemical industries. Economists had expected an increase of 0.6 per cent, according to Thomson Reuters Eikon. The growth came…
Magna selling fluid pressure and controls business to South Korean company
Aurora – Auto parts company Magna International Inc. has signed a deal to sell its fluid pressure and controls business to Hanon Systems, a South Korea-based company, for roughly $1.23 billion. The business being sold specializes in the design, manufacture…
Consulting Engineers of Ontario Names New Board
Consulting Engineers of Ontario (CEO) announced a new board of directors at its annual general meeting (AGM) at Blue Springs Golf Club. For 2018-19 the Board of Directors is: Officers: Jeremy Carkner, Morrison Hershfield Principal & Director – Chair Christine…
RNC Minerals gold strike in Western Australia sends stock soaring
Toronto – A doozy of a gold strike in Western Australia has sent shares of Toronto-based junior miner RNC Minerals soaring. The company says that over the last week it has pulled out 9,250 ounces of gold, worth some $15…
Gas explosions rare, but danger always present, Canadian experts say
Montreal – A chain gas explosion similar to the one that tore through three Boston suburbs could happen in Canada, although such a possibility is unlikely, energy experts said Friday. The multiple explosions that caused more than 20 fires and…
-
ExxonMobil hosted panel featuring Tony Stewart at IMTS 2018
ExxonMobil held “The Winning Advantage: Lessons from the Stewart-Haas Racing CNC Shop” panel discussion at the International Manufacturing Technology Show (IMTS) 2018 show in Chicago, recently. “Machine shop operations that support professional motorsports teams like Stewart-Haas Racing face distinct challenges…
Vale completes billion dollar Sudbury smelter emissions reduction project
Vale Canada Ltd. says it has completed a billion-dollar project to reduce emissions at its Sudbury, Ont., smelter complex that has made the distinct ‘superstack’ chimney at the site obsolete. The company, a subsidiary of Brazil-based Vale S.A., says the…
