GE Canada to open Welland, Ont. engine factory by 2018
Scales back original factory plans and will create fewer jobs in first phase that anticipated.
Canada’s exports to grow 2% in 2016, Ont. and PEI lead at 7%: EDC
Auto, aerospace and consumer sectors to power growth nationally.
EDC earmarks $750M to help oilpatch firms
Assistance could take the form of commercial loans or guarantees.
Exporters see higher global sales into 2016: EDC
… despite concerns about global economic conditions
Auto suppliers have work to do to keep pace globally
Pressure from Mexico, Southern US and CAFE requirements provide growth potential for auto parts manufacturers, conference hears.
Agri-food, fertilizer exports to offset Sask. energy losses
Partial rebound in oil prices expected by 2016, EDC says in latest global export forecast.
EDC predicts Alta. exports will bounce back in 2016
Forecast predicts 25% drop in energy exports and a 23% drop in natural gas exports this year.
NL will have to wait until 2016 to see export recovery, says EDC
Machinery, auto parts and aerospace sectors will make up for major losses in energy.
Ont. to lead export growth on energy weakness, EDC says
10% increase will be driven by pent up US demand for automobiles and industrial machinery.
EDC loans $525M to Volkswagen
Financing, focused on Volkswagen’s expansion in the southern US and Mexico, aims to boost business for Canadian suppliers.
US demand to fuel Canadian export growth in 2015
Industrial capacity constraints in the US will help global economic growth over the next two years, an EDC report says.
India a big opportunity for Canadian companies: EDC head
Growing middle class amongst emerging markets is propelling demand for “value-added” goods.
EDC, Chinese bank promoting renminbi in trade
Could save Canadian exporters as much as $2.8 billion in transaction costs over a decade.
Mirus gets $1M EDC guarantee for Chinese factory acquisition
Facility will help company be more competitive in Asian market, it said.
BioAmber secures $20 million loan to complete Sarnia plant
The plant will be the world’s largest bio-based succinic acid production facility.