The closure of GM’s Oshawa operation, just east of Toronto, would deliver a major economic blow to the region and will be felt at the Ontario and national levels
The move to make GM get leaner before the next downturn likely will be followed by Ford Motor Co., which has been slower to react
Canadian Wireless Telecommunications Association CEO supports federal budget provision as it supports industry investment opportunities, such as 5G
The Nova Scotia-based company says the deal provides the financial flexibility needed to reduce debt and for capital investment
Air Canada says it has also signed agreements with TD Bank, CIBC and Visa that will see them continue to be part of the Aeroplan loyalty program
There is no product allocated to the Oshawa plant past December 2019, said Unifor. The Oshawa facility is the only Canadian plant that’s set to close
“When you have a price differential that’s up around $42, $50 even, that’s a massive challenge to local industry, to the livelihood of a lot of Albertans. I hear that very, very clearly,” said the PM
Canada’s export credit agency is being pushed by environmental groups to take a stronger role in promoting cleantech and to move entirely away from financing the oil and gas sector
Despite increases in world oil prices over the past year, prospects for more activity in the Canadian oilpatch are limited, reports the Canadian Association of Oilwell Drilling Contractors
Year-over-year prices at the pump were 12 per cent higher in October
