News
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Geotab To Acquire BSM Technologies
Geotab has signed an agreement that it plans to acquire BSM Technologies. BSM provides telematics and asset management solutions to over 165,000 vehicles in government and private fleets in Canada and the United States. ”BSM had previously standardized on using…
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Oil and gas sector applauds new Alberta premier’s many pro business pledges
CALGARY – The Alberta oilpatch is applauding the provincial election win by Jason Kenney and his United Conservatives. The Canadian Association of Petroleum Producers offered congratulations and welcomed the UCP’s commitment to making regulatory, economic and fiscal policy reforms. It…
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U.S. allows lawsuits against foreign companies in Cuba, imperilling Canada
OTTAWA – The Trump administration says it will now allow lawsuits against foreign companies connected to properties seized from American firms during the Cuban revolution – including Canadian businesses. The landmark tightening of the U.S. trade embargo on Cuba’s communist…
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Federal government gives environmental nod to $1.8 billion gold mine in B.C.
OTTAWA – The federal government has given approval for the $1.8-billion Gold open pit gold and silver mine in central British Columbia. An assessment by the government has determined the mine, about 110 kilometres southwest of Vanderhoof, is not likely…
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Nova Scotia seeking firms to explore possibility of digging out remaining coal
HALIFAX – Nova.Scotia’s Liberal government wants to retrieve coal from old mines, even as its federal counterpart aims for the phasing out of coal-fired electricity. A provincial request for proposals is asking firms to determine if it would be viable…
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Statistics Canada reports Manufacturing sales fell 0.2% in February
OTTAWA – Statistics Canada says manufacturing sales fell 0.2 per cent in February to $56.6 billion, hurt by a retreat in the motor vehicle assembly and wood products industries. Economists had expected no change for February, according to Thomson Reuters…
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RCMP arrest three ‘grandmothers’ at Alton Gas protest site
FORT ELLIS, N.S. – Three women described as “grassroots grandmothers” were arrested Wednesday at a rural construction site north of Halifax, where an Indigenous protest camp has long held up a company’s contentious plan to build a natural gas storage…
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Nova Scotia opens $1.5 million mineral development fund for applications
HALIFAX – Nova Scotia’s mines minister is highlighting $800,000 added to a mineral development fund as part of the Liberal government’s 2019-20 budget. The province is increasing the Mineral Resources Development Fund to a total of $1.5 million. Minister Derek…
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Boeing orders and deliveries tumble as Max jet is grounded
DALLAS – Boeing failed to win any orders for its 737 Max airliner in March as scrutiny of the plane increased following a second deadly crash in less than five months. Deliveries of finished Max jets also tumbled, to 11…
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B.C. introduces law to require cars, trucks sold by 2040 be zero emission
VICTORIA – All light-duty cars and trucks sold in British Columbia would have to be zero-emission by 2040 under legislation tabled Wednesday. Energy Minister Michelle Mungall says the Zero Emission Vehicles Act aims to fight climate change by phasing out…
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Stelco pushes PM for help in dealing with ‘changing landscape’ for steel
OTTAWA – Canadian steel producer Stelco is looking for more support from the federal government as the country’s steel and aluminum producers grapple with punishing U.S. tariffs imposed on exports of their products south of the border. Stelco Holdings Inc.,…
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Newmont shareholders vote in favour of US$10 billion Goldcorp takeover
VANCOUVER – Newmont Mining Corp.’s US$10-billion all-share takeover deal of Goldcorp Inc. is almost complete after shareholders of the Denver-based company voted in favour of the merger Thursday. The company said shareholders voted more than 76 per cent in favour…
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From Hawkesbury to Estevan, documents show towns to be hit hardest by automation
HAWKESBURY, Ont. – Sitting around a table with fellow Steelworkers, Steve Berniquez starts listing companies that once stood in and around Hawkesbury, a small Ontario town an hour’s drive east of Ottawa. When he mentions Canadian International Pulp and Paper,…
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Lundin Mining signs deal to buy Chapada mine in Brazil from Yamana Gold
TORONTO – Lundin Mining Corp. has signed a deal to buy the Chapada copper-and-gold mine in Brazil from Yamana Gold Inc. in a deal worth more than US$800 million. Under the agreement, Lundin will pay US$800 million in cash for…
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While Montreal sleeps, every minute counts for subway maintenance workers
MONTREAL – In the early hours of the morning, when most Montrealers are asleep, below the city’s surface subway maintenance workers are in a race against time. Between approximately 1 a.m. and 5 a.m., more than 200 workers are dispatched…
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Timken Acquires The Diamond Chain Company
The Timken Company acquired The Diamond Chain Company from Amsted Industries. Diamond Chain is a supplier of high-performance roller chains for industrial markets. “The acquisition of The Diamond Chain Company adds another strong industrial brand with a reputation for quality,…
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Toyota Cambridge Plant Starts RAV4 Production
Toyota Motor Manufacturing Canada (TMMC) recently celebrated the first Toyota RAV4 coming off the production line at its Cambridge, Ontario production facility. The North plant has until recently produced the Toyota Corolla compact car, however, with ever changing driver tastes,…
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Goldcorp shareholders vote in favour of takeover by Newmont Mining
VANCOUVER – Goldcorp Inc. shareholders have voted overwhelmingly in favour of the company being taken over by U.S. mining giant Newmont Mining Corp. Vancouver-based Goldcorp says its shareholders voted more than 97 per cent in favour of the deal that…
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Man, 27, suffers life threatening injuries in gypsum mine accident
HAGERSVILLE – Provincial police say a man is in life-threatening condition after a large rock fell on him at a gypsum mine southwest of Hamilton. The Ministry of Labour has been called in to investigate after the workplace accident at…
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Canadian Arctic has all the mineral ingredients for prized blue gemstones
VANCOUVER – Baffin Island holds some of its treasures in plain sight with rocks that produce rare gems sitting exposed to the elements, scientists say. A new study from the University of British Columbia shows the area is home to…
