Operations
Air Canada to temporarily lay off 16,500 staff due to COVID-19 fallout
The layoffs will last through April and May
Oil price crash expected to hit thermal oilsands production in Western Canada
Canada’s oilsands are among the most vulnerable to shut-ins because of their high operating costs
Magna withdraws guidance due to business uncertainty of COVID-19 outbreak
The auto parts company said many of its plants have reduced or suspended operations because of the outbreak
Hyundai Canada issues policies to support customers amid COVID-19 pandemic
Hyundai will continue to operate both in dealerships and through online resources
SNC withdraws financial guidance, moves to cuts costs and manage cash flow
The construction giant also says all of its executive leadership will be taking a 20% reduction in salary
Alberta Energy Regulator names senior Saskatchewan government official as CEO
Laurie Pushor is tasked with overseeing the development of the province’s oil, gas and coal resources in an environmentally responsible way
Construction of Unit 2 now complete for OPG’s Darlington Refurbishment Project
The unit will begin the restart process before being connected to the electricity grid
Benefit to COVID-19 impacted workers may be model for future: Qualtrough
The employment minister says close to 10% of EI-eligible workers have applied for help in just over a week and the labour crunch is likely to get worse
FCA plants will remain closed until April 14
The decision was made to help flatten the curve of COVID-19
Honda extending Alliston plant shutdown to April 7
The extension is in response to the “continued steep decline” in market demand
