Sales & Marketing
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Minnesota distributor acquires two Saskatchewan grain elevators
Minneapolis’s Pipeline Foods is taking over grain elevators in Wapella and Gull Lake, facilities located along the Trans-Canada Highway and the Canadian Pacific Railway, to ship grain across North America
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Toronto police charge 12 in alleged machinery leasing scam
Toronto’s financial crimes unit says arrests were made this week, nearly three years after the alleged scheme began flowing money through locales as far afield as Brazil, Hong Kong and Australia
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CETA: Canada-EU trade agreement enters into force today
More than 98 per cent of Canadian goods will now be able to enter the EU without tariffs, which the federal government says will improve export opportunities for a range of Canadian producers, processors and manufacturers
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Labatt plans $460M investment to enhance Canadian operations
The company says this investment should help it increase production of new products. Labatt has been moving into the craft beer space with its recent purchases of Shock Top and Toronto’s Mill Street Brewery
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U.S. governor calls for suspension of softwood tariffs for hurricane rebuild
Paul LePage, Maine’s republican governor says “corporate greed” is driving up prices for softwood lumber as victims of several hurricanes struggle to rebuild their homes
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Ford announces production cuts at five North American plants
Ford opted for shutdowns of between one and two weeks at several assembly plants making small cars, sports cars, sedans and vans, citing reduced demand for new vehicles
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Ballard creates inexpensive catalyst for hydrogen fuel cells with Japanese partner
The B.C.-based company, alongside cleantech firm Nisshinbo Holdings, has designed a catalyst for its fuel cells made of carbon alloy instead of platinum, significantly reducing production costs
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Fortune favours the bold: smartly investing in high-risk export markets
Some of the world’s most promising markets carry substantial risks, be it from internal instability or conflict with neighbouring states, but there are ways to navigate these waters
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Manufacturing sales fell 2.6 per cent in July
Statistics Canada says sales fell in nine of 21 industries, representing 57 per cent of the manufacturing sector
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Ottawa firm awarded $11.9M contract for space station monitoring system
Neptec Design Group has been tasked with developing a system to monitor the outside of the International Space Station, which will work in tandem with existing Canadian technology on the station