Financing
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GM to build electric car in Michigan
The unnamed electric vehicle will be designed to compete with Silicon Valley automaker Tesla Motors
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Cenovus to cut staff by 15% after $472M Q4 loss
Cenovus said with low oil prices expected to persist, it will focus on expansion projects that are close to completion
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Husky Energy shaves $400M from capital budget
The Calgary-based company is also looking for $600 million of operational cost savings, mostly from its suppliers and contractors
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Alta. unions edgy over potentially drastic spending cuts
Alberta premier Jim Prentice has said the budget and a long-term financial plan will be tabled next month
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GM to invest $450M in CAMI assembly plant
Sources say General Motors will make the investment without financial help from either the federal or Ontario governments
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Ontario ethanol producers gets $3.7M federal loan
IGPC Ethanol installing Canadian-first Fiber Separation Technology system at plant in Aylmer, Ont., allowing for early separation of fibre from corn
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Loonie may hit 0.75 cents US before an upswing begins
In the following weeks the mighty greenback should extend its appreciation a little bit more
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Montreal food manufacturer MRRM Inc. acquired for $11B
Food and beverage company MRRM has been operating in Montreal for more than 130 years
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Tahoe Resources to acquire gold miner Rio Alto for $1.3B
The all-stock deal would make Tahoe a mid-sized gold and silver mining concern
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Talisman takes $1.4B charge on slumping oil prices
The Calgary-based energy company posted a Q4 $1.59-billion loss; Repsol acquisition not in jeopardy
