GM to Build Commercial EV in Ontario
General Motors is bringing production of its BrightDrop…
Martinrea says recent union deals could boost Canadian manufacturing
$5 billion-worth of investments announced this fall offers auto parts suppliers work to win.
Five things to know about Ford’s EV investment in Oakville
More than $500 million in funding coming from Ontario and federal governments.
Deutsche Bank says it won’t back an new oilsands or coal project
It says its ban on oilsands financing, effective immediately, will include exploration, production, transport or processing
Liberals review rollout of social finance fund to combat pandemic fallout
Idea is investors front the money for projects to address social problems, the government rewards those investments if projects work.
CN investing $310M in Ontario to strengthen its rail network
Will focus on intermodal facilities, rail and tie replacement and maintenance of track infrastructure.
Capital gains tax hike would cripple investment in Canada
Increasing the federal tax would be anti-investment, anti-entrepreneurship, anti-innovation and anti-green.
Norway’s wealth fund excludes oil sands investments over GHG emissions
Canadian Natural Resources, Cenovus Energy, Suncor Energy and Imperial Oil are out.
Feds invest $5.2M in CME tech program
Up to 175 manufacturers in southern Ontario will be provided with technology assessments.
CPP investment CEO bullish on oil despite price crash, emissions debate
He cites demand for fossil fuels, which is expected to remain strong for many years.
Manufacturers plan for uncertain cash flow in 2020
… but 30% of SME survey respondents had challenges with managing cash flow.
Teck decision underscores investment crisis in Canada
The federal government is to blame for a significant drop in investment across 10 of the 15 major sectors of the Canadian economy.
Trump’s economy: Solid and steady but over-hyped and vulnerable
Economists warn the US expansion, now in its record-long 11th year, faces an array of threats.
Quebec billionaire Lawrence Stroll acquires stake in Aston Martin
Under an agreement announced Jan. 31, the group led by Stroll will inject $316 million to acquire a 16.7% stake in the automaker
Sluggish investment threatens Canada’s prosperity
The only way to raise living standards and incomes is by building a more productive economy, yet politicians are mum on the subject.