News
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US manufacturing sinks to decade low, stoking economic fear
(AP) WASHINGTON – U.S. factory activity hit a decade low last month in the face of President Donald Trump’s trade conflicts, adding to a weakening picture of the global economy. The Institute for Supply Management, an association of purchasing managers,…
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Canadian air carriers inspect Boeing aircraft for cracks after FAA directive
CALGARY – WestJet Airlines, Sunwing Vacations Inc. and Transat A.T. said Thursday they were examining their fleets of Boeing 737 Next Generation aircraft for cracks after a U.S. regulator ordered the inspections. Calgary-based WestJet says it has 43 aircraft that…
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Linamar shares tumble after warning about impact of GM strike on earnings
TORONTO – Shares of Linamar Corp. lost 10 per cent Thursday after the auto parts maker warned that a strike at General Motors in the U.S. was taking a bite out of its bottom line. Linamar shares closed down $4.23…
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Hudbay Minerals appoints mining veteran Stephen Lang to chair its board
TORONTO – Hudbay Minerals Inc. says it has appointed mining veteran Stephen Lang as chairman. Lang was CEO of Centerra Gold Inc. from 2008 to 2012 and served as Centerra’s chairman from then until stepping down this month. Toronto-based Hudbay…
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Tidewater shares fall on deal to buy Prince George, B.C., refinery from Husky
CALGARY – Shares in Tidewater Midstream and Infrastructure Ltd. fell sharply Friday after it announced it would buy a small light oil refinery in Prince George, B.C., from Husky Energy Inc. for $215 million. While Husky shares rose slightly, Tidewater…
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Ensol Systems Partners with Sunfire
Ensol Systems has partnered with Sunfire, which will help Sunfire leverage Ensol’s expertise integrating power systems built for harsh Canadian winters. Sunfire develops and manufactures solid oxide fuel cells, which convert propane/natural gas into electricity with byproducts of heat, water…
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Collett Transport and Mansfield Pollard Partner
Mansfield Pollard have enteried in to a two-year partnership with Collett Transport to deliver over 300 specialist air handling systems. “Having worked with Mansfield Pollard for several years we’re delighted to announce the partnership of our two highly established Yorkshire…
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Transport Canada gives the go ahead for new Bombardier business jets
MONTREAL – Bombardier Inc. says federal authorities have certified its two new business jets, a key step in its turnaround plan as the company seeks to exploit the growing market for large, private jetliners. The plane-and-train maker says Transport Canada…
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Canada Energy Regulator tells Enbridge to suspend open season on pipeline system
CALGARY – The Canada Energy Regulator has ordered Enbridge Inc. to suspend its open season for service on its Canadian Mainline oil pipeline system. The regulator said Friday it came to the decision after reviewing letters from more than 30…
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Investigator says FAA training inspectors weren’t qualified
Federal investigators say some safety inspectors who helped set pilot-training standards for the Boeing 737 Max were unqualified and the Federal Aviation Administration seemed to mislead Congress about their competency. The FAA disputed part of the investigators’ conclusions on Tuesday.…
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China factory activity improves in September amid trade war
(AP) BEIJING – China’s factory activity improved in September ahead of talks with Washington aimed at ending a tariff war. Surveys released Monday by an industry group and a business magazine both showed improvement, though gains were small. The China…
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Turtle & Hughes Integrated Supply Names President
Scott West, has been named President of Turtle & Hughes Integrated Supply (THIS). He was most recently Vice-President and member of the Turtle & Hughes Executive Committee. THIS is a division of Turtle & Hughes. “Over the past year, Scott…
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CTMA to host Fall breakfast seminar series
The Canadian Tooling and Machining Association is hosting a series of fall breakfast seminar in the southern Ontario region this October. The seminars (which include breakfast) will take place on the following dates and locations: Windsor – October 22 Kitchener…
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Timken to Acquire BEKA Lubrication
The Timken Company reached an agreement to acquire BEKA Lubrication for approximately $165 million. The company serves a range of industrial sectors including wind, food and beverage, rail, and on- and off-highway. “The acquisition of BEKA expands our global leadership…
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New LNG technology developed at University of Calgary touted as greener, cheaper
CALGARY – University of Calgary researchers focused on nanotechnology say they have developed a cheaper and more environmentally friendly way to create liquefied natural gas. The Split Flow Integrated LNG process uses specialized materials and chemistry to remove carbon dioxide…
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‘We’re ready for them:’ Texans see opportunity in western Canadian malaise
CALGARY – The brochure’s cover has the Texas flag as a backdrop and shows an arrow pointing from Alberta to the Lone Star State. “Arrowstar Realty invites you to relocate to Texas,” reads the mailer sent to businesses across Western…
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U.S. postal treaty exit would hurt Canadian e commerce businesses
MONTREAL – U.S. President Donald Trump’s push to withdraw from an international postal treaty could have a big impact on Canadian e-commerce companies that ship small goods from China to the U.S. The U.S. threat to exit the Universal Postal…
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Statistics Canada reports manufacturing sales fell 1.3 per cent in July
OTTAWA – Statistics Canada says manufacturing sales fell 1.3 per cent to $57.2 billion in July as sales in the primary metal and motor vehicle industries moved lower. The agency says sales were down in 11 industries in July, representing…
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Mitsubishi announces aircraft design centre in Montreal for SpaceJet series
MONTREAL – The Mitsubishi Aircraft Corp. is putting down roots in Quebec, unveiling plans for a Montreal-area product development centre after reaching a deal in June to buy Bombardier Inc.’s regional jet program. The office will be part of the…
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California promises fight to keep auto emission authority
(AP) SACRAMENTO – Preparing for a lengthy legal battle with the Trump administration about how much pollution to allow from cars, California regulators on Thursday said they were considering cracking down on other emissions to make up for any impacts…
