News
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Ottawa will work with Canadian aluminum, steel companies to ensure jobs safe: PM
Halifax – Prime Minister Justin Trudeau says he will work with Canadian steel and aluminum companies hit by punishing U.S. tariffs to make sure jobs and workers north of the border are protected. In a CBC radio interview in Halifax…
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US manufacturing picks up pace in May
Washington – U.S. manufacturers expanded at a faster pace last month, another sign of strength for American industry. The Institute for Supply Management, a trade group of purchasing managers, reports that its manufacturing index rose to 58.7 in May from…
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Pace of economic growth slowed in Q1, Statistics Canada
Statistics Canada reports that real gross domestic product (GDP) grew 0.3% in the first quarter, following an increase of 0.4% in each of the previous two quarters. Final domestic demand rose by 0.5%. Growth was moderated by a deceleration in household spending, lower…
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Aluminum and steel users disappointed with imposition of hefty U.S. tariffs
Consumers on both sides of the border could be caught in the middle of a trade war as businesses slap them with higher prices to offset the impact of billions of dollars worth of reciprocal tariffs announced by the United…
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Unjustified U.S. tariffs on Canadian steel, aluminum will harm jobs, economy in both countries
Toronto and Montreal – There is no justification, either on economic or national security grounds, for the imposition of U.S. steel and aluminum tariffs on Canada, says the United Steelworkers (USW), which represents tens of thousands of steel and aluminum…
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Optimism returns to B.C.’s mining sector
Vancouver – British Columbia’s mining industry remains upbeat in 2017, as prices for most metals and minerals produced in the province continue to steadily recover from multi-year lows. Although most commodity prices remain below the record highs seen in 2011,…
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China factory activity rises to eight-month high in upbeat sign
Hong Kong – Chinese factory activity grew at its fastest rate in eight months on stronger demand, a survey showed Thursday, in a positive sign for the world’s No. 2 economy despite trade tensions with the U.S. The official purchasing…
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As US mulls tariffs, France’s Macron warns against trade war
Paris – French President Emmanuel Macron warned against trade wars in an impassioned speech about international co-operation Wednesday, a day or two before the Trump administration decides whether to hit Europe with new tariffs. Top European officials were holding last-ditch…
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Future of massive Nova Scotia wind tower plant remains a mystery
Halifax – It’s among Atlantic Canada’s largest industrial sites – a massive former wind tower manufacturing plant developed with $56 million in provincial funding. But with the clock ticking on a provincial deadline to find a buyer, optimism is low…
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Aecon decision suggests infrastructure deals to face deep security reviews: expert
Montreal – The federal government’s decision to block a Chinese state-owned company’s proposed $1.5-billion takeover of Aecon Group Inc. signals Canada’s infrastructure sector has joined the oilsands, defence and aerospace industries in requiring special security protection, said a Canadian security…
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Stocks dip as oil prices and energy companies fall sharply
New York – Energy companies and oil prices took their worst losses in months Friday on reports OPEC countries plan to produce more oil soon. Stock indexes finished an indecisive week with small losses. U.S. crude oil sank 4 per…
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US durable goods orders drop but key category shows strength
Washington – Orders for long-lasting manufactured goods fell in April amid weaker demand for aircraft. But a key category that tracks business investment rose after sliding in March – a sign of health for American industry. The Commerce Department says…
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Q&A: Would Trump’s proposed tariffs on imported autos work?
Washington – Do Subaru Foresters, BMW 3-series sedans and Toyota Priuses pose a threat to U.S. national security? President Donald Trump suspects they might. He’s ordered the Commerce Department to investigate whether the peril is dire enough to justify tariffs…
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Vancouver files claim over 2015 fuel spill in English Bay
Vancouver Mayor Gregor Robertson says the city has filed a federal court claim against the owner of a vessel that spilled fuel into English Bay in 2015, as part of the city’s continuing effort to get compensation for its response…
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Crews cleaning up oil spill at Kinder Morgan station north of Kamloops, B.C.
Darfield, B.C. – Crews using an emergency response trailer and vacuum trucks are working to clean up a crude oil spill at a Kinder Morgan station north of Kamloops, B.C. The provincial Ministry of Environment said a flow metre has…
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ABB launches the world’s first digitally integrated power transformer
All power transformers leaving ABB factories will soon come enabled with digital capabilities, enabling remote monitoring and data analytics of its vital parameters in real time. This will enhance reliability and enable higher utilization of grid assets and power networks.…
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Rise of connected cars and AI prompt automotive manufacturers to partner with software vendors
London – With an anticipated global connected vehicles parc of more than 200 million by 2025, automotive original equipment manufacturers (OEMs) are looking to seize a competitive advantage by offering space-age customer experience. They are employing personalization based on Artificial…
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Canadian Marketing Association releases guide to help interpret the General Data Protection Regulation
Toronto – The General Data Protection Regulation (GDPR), proposed and adopted by the European Union (EU), comes into full effect on May 28. To assist Canadian marketers with GDPR compliance and planning, the Canadian Marketing Association (CMA) created and published…
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Poll says Ontarians support Bruce Power’s life-extension program
Kincardine, Ont. – Eight out of 10 Ontarians supported the refurbishment of the Bruce Power reactors allowing them to continue to provide low cost electricity to Ontario homes and businesses. The telephone poll, conducted between May 11 to 15 for…
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Student workers win landmark discrimination case against ABI smelter
Bécancour, Que. – Student workers have won a major victory in a human rights case against a Quebec aluminum smelter. The Human Rights Tribunal of Quebec has ruled that the ABI aluminum smelter in Bécancour violated Article 19 of Quebec’s…
