Transportation
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From Nazis to hippies: End of the road for Volkswagen Beetle
It’s the end of an era for the production of the Beetle in Mexico. Nicknamed the “vochito,” the car made itself at home as a rugged, Mexican-made “carro del pueblo”
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BMW CEO to step down in wake of disappointing earnings
BMW is facing pressure from high costs to develop electric vehicles, investments in autonomous vehicles and a tariff squeeze related to the U.S.-China trade tiff
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Trudeau announces $1.3B for Montreal metro extension as election looms
The goal is for construction to begin in 2021 and be completed by 2026
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Understanding sale leasebacks
When a business is busy, the costs of people, tooling, and materials can put a lot of pressure on cash flow
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Auto sales down 7.2% in June as downward trend continues
Virtually all brands saw sales decline in June from a year earlier. Exceptions include luxury brands Volvo and Genesis, which showed slight gains
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Federal review flags concerns in efforts to protect right whales in Canada
Just outside speed-restricted zones in the Gulf of St. Lawrence, the danger of deadly strikes are greater due to increased vessel traffic, says review
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Statistics Canada reports merchandise $762M trade surplus in May [UPDATED]
The surplus came as exports rose 4.6%
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Worker at Halifax Shipyard seriously injured in industrial accident
The provincial Labour Department is investigating an industrial accident in which a worker was struck by a piece of equipment
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Bank of Canada survey suggests business sentiment picked up after declining [UPDATED]
Statistics Canada reported real gross domestic product grew 0.3% in April to kick off the second quarter
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Statistics Canada says real GDP grew 0.3% in April, tops expectations
Economists had expected growth of 0.1%
