Mining & Resources
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ACOA writes off balance of two multimillion-dollar loans to Irving company
The decision was taken because “the required milestones for repayment had not been achieved,” said ACOA spokesperson
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Eurozone inflation even lower than thought in July at 1%
The core rate, which strips out the volatile items of energy, food, alcohol and tobacco, was even lower at 0.9%
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Stelco Q2 headwinds stem from destocking, falling market prices and 232 tariffs
Balance sheet continues to strengthen, although headwinds impacted revenue by 17% over last year
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For some N.S. woodlot owners, end of controversial pulp mill not seen as disaster
If the Northern Pulp mill in Pictou County fails to win approval for a pipeline that would dump 85 million litres daily into the Northumberland Strait, the plant could close
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Trade war escalation comes at inopportune moment for global economy
When companies across the world lose confidence or certainty about global trade policies, they tend to postpone plans to invest, expand and hire
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Canadian wage growth climbs to highest mark since 2009, but economy sheds jobs [UPDATED]
Wages continued to show signs of strength, with hourly pay up 4.5% in July from a year ago
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Finning Q2 profit up on strong sales across its regions and efficiencies in Canada
Demand in Canada remains healthy, with net revenue up 18% from last year to due to higher new equipment sales and the acquisition of 4Refuel
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Turndown ratio in AC motor speed control
Choosing the right motor and VFD type depends on a variety of factors, however, it is necessary to first look at how the characteristics of a motor change when the speed is reduced
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Canada’s GDP grows 0.2% in May, as manufacturing rebounds: Statcan
Manufacturing expanded 1.2% overall
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U.S. economy slowed to 2.1% growth rate in second quarter
Economists also noted that business capital investment fell in the April-June quarter for the first time in three years
