Supply Chain
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Nissan recalls 1.2M cars in Japan that weren’t properly inspected
The recalls and re-inspections, which occurred at all six Nissan plants in Japan, are estimated to cost the automaker about US$222 million, but the final costs remain unclear
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Bombardier’s bad week ends with expectation of more tariffs and a WTO probe into CSeries
Embattled Bombardier announced a big plane deal, but says it’s prepared for another “absurd” anti-dumping tariff while the WTO launched a panel to review Brazil’s complaints of CSeries subsidies
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India’s economic prospects looking dire, raising spectre of ‘major depression’
After hasty overhauls of the nation’s currency and sales tax system, private investment in India has tanked and industrial production has collapsed, with many warning of a severe economic crash
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Unifor says CAMI talks in Detroit were ‘constructive’
President of Unifor Local 88 Dan Borthwick says the GM negotiators understood the union’s position and committed to providing a response by the end of the day
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Feds approve Superior Plus $412M acquisition of Gibson Energy
To win approval, Toronto-based Superior agreed to sell retail propane locations and other assets in B.C., Alberta, Saskatchewan, northern Ontario and the Northwest Territories
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Bombardier expected to double down on CSeries sales drive in China
Despite the U.S. Commerce Dept. digging in against the Canadian firm’s new jet program, analysts aren’t counting the CSeries out just yet. Bombardier, meanwhile, has its sights set beyond North America
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Trump threat hovers over NAFTA as Ottawa talks end with no major progress
Negotiators have little to show for their efforts as the third round of talks wraps up, raising concerns an impatient Trump might trigger NAFTA’s withdrawal clause
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Canada vs Boeing: How the fight with America’s aerospace giant began
Representatives of the Boeing Co. wound up hastily leaving a meeting at Canada’s embassy after a tense conversation with the ambassador
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Bombardier tariff ruling sends tremors across North America’s supply chains
“They are going after the heart of our industries,” said Unifor head Jerry Dias, who thinks that steel and aluminum could be next. Manufacturers across Canada are bracing for the fallout, worried the aggressive move will disrupt well-integrated manufacturing processes
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Surging oil prices not enough to stoke oil patch investments, say analysts
Producers have been reluctant to make a cash commitment because the market has been so volatile. Analysts expect most capital spending programs will grow by less than 10 per cent next year