News
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New corporate ethics ombud named but powers remain unclear
OTTAWA – The federal government’s long-awaited announcement Monday of a watchdog to enforce responsible conduct by Canadian companies operating abroad was greeted with disappointment by human-rights advocates. That’s because International Trade Minister Jim Carr says it will take almost two…
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Lufthansa Technik to add up to 50 jobs in Montreal by the end of 2021
MONTREAL – Lufthansa Technik AG says it will create up to 50 jobs over the next three years as it works to expand its aircraft engine maintenance and repair operations in Montreal. The company says it is aiming to triple…
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All workers ‘accounted for’ after tower collapse in Sarnia: Imperial Oil
SARNIA – Imperial Oil says “all workers have been accounted for” after a tower collapsed at its facility in Sarnia, Ont., Tuesday night. In a post on its Facebook page, the company says the tower was out of service at…
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Crude by rail rises in March but storage high despite Alberta curtailments
CALGARY – Crude-by-rail shipments from Western Canada staged a minor recovery in March after falling in February to their lowest level in nine months, but oil storage levels remain stubbornly high, according to Genscape. The U.S. company, which monitors western…
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Coast guard struggling to help with rescues, Arctic resupply due to old fleet
OTTAWA – Reduced search-and-rescue coverage, ferry-service disruptions, cancelled resupply runs to Arctic and coastal communities and nearly $2 million in lost navigational buoys. Those are among the real safety, social and commercial impacts that communities across the country are starting…
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Hydro One chief operating officer and chief legal officer leaving utility
TORONTO – Hydro One says its chief operating and officer and chief legal officer are leaving the company. The power utility says chief operating officer Greg Kiraly and chief legal officer Jamie Scarlett will leave after a period of planned…
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Politicians voice support for Windsor auto workers as 1,500 job to be cut
WINDSOR – A second round of auto worker layoffs in recent months has led politicians to jump to assure workers as the automotive sector undergoes significant transformation. Economic Development Minister Navdeep Bains went to Windsor, Ont. Friday to voice his…
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Detour Gold names new permanent CEO after Paulson led proxy battle
TORONTO – Detour Gold Corp. has named a new CEO after an activist investor helped push for a leadership shake-up last year. The company says Michael McMullen will come on as chief executive and director on May 1, pending his…
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Statistics Canada reports trade deficit shrinks to $4.2B in January
OTTAWA – Higher oil prices helped shrink the country’s merchandise trade deficit in January from its record high set at the end of last year as exports rose for the first time since July. Statistics Canada said Wednesday the trade…
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Alberta NDP’s Notley promises $1.4B to expand network of roads for heavy loads
FORT MCMURRAY – NDP Leader Rachel Notley is promising to spend $1.4 billion to expand Alberta’s network of roads that handle large and oversized loads. Notley says the current 6,500-kilometre network is recognized as one of the best in North…
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New carbon tax starts coming in for 4 provinces that fought the federal plan
People in Manitoba, Ontario, Saskatchewan and New Brunswick will be paying more for gasoline and heating fuel Monday when the federal government’s carbon tax begins in provinces that refused to impose their own emissions pricing. The federal tax is $20…
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Canadian economy grew 0.3 per cent in January, beats expectations
OTTAWA – The Canadian economy returned to growth to start the year after contracting in November and December as broad-based growth led by the manufacturing and construction industries offset weakness in the resource sector. Statistics Canada said Friday real gross…
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Trump pressure on Cuba could hit Canadian companies, business leaders warn
OTTAWA – Business leaders are warning that the Trump administration’s threat to tighten the U.S. embargo on Cuba could sideswipe Canadian companies that are doing business on the Caribbean island. The Canadian Chamber of Commerce says it is worried that…
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B.C. seaplane company’s plan for electric fleet is set for take off
VANCOUVER – A seaplane company in British Columbia says it is partnering with an electric propulsion firm with the goal of becoming the world’s first all-electric airline. Harbour Air operates 30,000 flights each year on 12 routes between Seattle, Vancouver,…
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Canadian oilfield services firms bringing in more revenue from U.S. operations
CALGARY – Large Canadian oilfield services companies with operations in the U.S. are now earning more of their revenue south of the border than they are in Canada, according to a study by AltaCorp Capital. That trend is expected to…
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Trump slams European automakers, threatens US tariffs
WASHINGTON – President Donald Trump criticized European auto makers Friday, suggesting he could impose tariffs on imports from companies such as BMW and Mercedes unless they build more plants in the United States. In an interview with Fox Business Network’s…
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Crash prone Quebec ferry removed from service as inspection raises serious doubt
MONTREAL – A Transportation Safety Board of Canada investigator says a ferry that has been removed from service in Quebec after two recent collisions was already badly damaged before the accidents. The MV Apollo, purchased in January to replace a…
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Statistics Canada reports pace of inflation ticked higher in February
OTTAWA – The annual pace of inflation edged higher in February as gains in most spending categories offset lower gasoline prices, Statistics Canada said Friday. The agency reported the consumer price index in February climbed 1.5 per cent compared with…
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Report calls for increase in electric buses as manufacturing footprint grows
TORONTO – A new report by a green energy think-tank calls for increased investment in electric buses to both reduce emissions and boost Canada’s growing manufacturing base of the vehicles. The report by Clean Energy Canada says that while Canada…
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Hudbay’s Rosemont mine pushes ahead despite concerns on water impacts
TORONTO – A controversial mine being developed by a Canadian company in Arizona shows the lengths to which the industry will go to feed the world’s unrelenting demand for copper. Hudbay Minerals Inc. and a previous owner have been pushing…