Infrastructure
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West Fraser to vary schedule at 5 B.C. mills, reducing production 15 – 25 %
The company says it’s taking the steps because of sustained weak markets, pricing in wood product markets and high log costs
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Uber adding 2,000 jobs in Chicago, mostly in Freight unit
Uber Freight, which uses the company’s app technology to link shippers with trucking firms, will get the bulk of the resources
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Toronto Global Forum tackles economic nationalism, trade disputes, and rapid tech advances
The forum took place September 4-6 in Toronto. View Mayor John Tory’s opening remarks. Plus, an interview with David McKay, president and CEO, RBC, at the 2018 forum
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A slowdown in U.S. business formation poses a risk to economy
Between 2007 and the first half of 2019, applications to form businesses that would likely hire workers fell 16%. Business formation is a primary way in which Americans builds wealth
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Trade tribunal investigating allegation of bias in search for third shipyard
But it’s unclear how far the tribunal will be able to delve into the case after the federal Liberals recently restricted reviews on big-ticket government purchases
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Toronto Global Forum tackles economic nationalism, trade disputes, and rapid technological advances [UPDATED]
The forum takes place September 4-6 in Toronto. View Mayor John Tory’s opening remarks. Plus, an interview with David McKay, president and CEO, RBC, at the 2018 forum
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Pentagon approves military construction cash for border wall
Half of the $3.6 billion in funding will come from military projects in the U.S., and the rest will come from projects in other countries
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TTC pleads guilty to safety violation in 2017 death of transit worker
An employee died in hospital after he was pinned by two vehicles at a transit yard in October 2017
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Sweden’s Saab undecided on whether to bid on Canada’s fighter jet contract
All bidders are required to explain by Sept. 20 how their planes will integrate with the top-secret Canada-U.S. intelligence network known as “Two Eyes”
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UAW picks GM as bargaining target, workers authorize strikes
GM will be the focus of bargaining, and any deal with the company will set the pattern for Ford and Fiat Chrysler
