News
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GM plans to pull out of Australia, New Zealand and Thailand
Detroit automaker wants to focus on markets where it can drive strong returns, making the same moves in Japan, Russia and Europe.
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Apple warns China virus will cut iPhone production, sales
Manufacturing facilities are outside Hubei province, all have been reopened but production is ramping up slowly.
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US House speaker Pelosi warns allies against using Huawei
Says such technology is far too sensitive to turn to over to Chinese interests.
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Trudeau caught in the middle of energy, environment, Indigenous demands
Politically explosive issues combine to make a perfect storm for the Liberal’s fragile minority.
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Bombardier to sell train unit to France’s Alstom, shedding biggest division
Will focus on business jets as Alstom scales up amid rising competition from China’s state-owned CRRC.
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Jeff Bezos commits $10 billion to fight climate change
Will start giving grants this summer to scientists, activists and nonprofits working to protect the planet.
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Quebec, Cree leaders sign development study deal
Multi-million dollar feasibility study will look into developing the James Bay territory.
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Canadian Car of the Year and Utility Vehicle of the Year announced by AJAC
The Mazda3 was the top car. Jaguar’s I-Pace won back-to-back utility awards, the first battery electric vehicle to do so
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Trudeau tells U.S. lawmakers he’s confident USMCA bill will pass Commons
The agreement is expected to become the law of the land about three months after Canada passes its implementation bill
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Penny Wise to lead 3M Canada as president
Wise has held a variety of senior leadership roles at 3M; in business, commercialization, brand and corporate marketing
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OPG, Hydro One creating EV charger network; Feds investing $8M
160 fast chargers will be built at 73 locations
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Bombardier sells C Series stake for $591M, now out of commercial aviation
Transferred shares to Airbus SE and the Quebec government in a move to emerge from more than $9 billion in debt.
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Better access to immigration needed to address worker shortages: CFIB
Study shows more than 75% of SMEs have had difficulty hiring workers over the past five years due to skills and labour needs.
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Reeling over Ghosn scandal, Nissan sinks into losses as sales plummet
Chief Executive Makoto Uchida said turnaround plan is in place, with details to be released in May.
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Bombardier to report earnings as future hangs in the balance
Possible sale of the plane-and-train maker’s Quebec-based business jet unit or its Berlin-based rail subsidiary.
