manufacturing
Auto parts maker Magna reports $456M Q4 profit, ups dividend
Will now pay quarterly 36.5 cents per share, up from 33 cents per share.
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Saputo buying UK-based Dairy Crest Group for roughly $1.7B
Manufactures cheese, butters, spreads and oils under British brands Cathedral City, Clover, Country Life and Frylight.
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Premier Doug Ford talks tariffs, trade during trip to Washington
Said they’re hurting the US more than Canada, costing 16 jobs for every one created.
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CP Rail CEO objects to oil production curtailments
Keith Creel told a US audience governments stepping in isn’t healthy in a commercial space.
Statistics Canada reports wholesale sales up 0.3% in December
Sales were up in four of the seven subsectors.
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Marketing? Get serious. Five reasons why you should embrace it
Watch the trends and join manufacturing’s new front line.
PM’s claim about solicitor-client privilege on SNC-Lavalin: a little baloney
Opposition wants privilege waived, Trudeau says doing so could harm two court proceedings involving the company.
Liberals defeat opposition call for public inquiry into SNC-Lavalin pressure
Wilson-Raybould abstained: didn’t think it appropriate to vote on a matter in which she was personally involved.
Emerald Health’s Montreal area pot facility to create 140 jobs
Company is nearing completion of a $100-million upgrade to an indoor grow site.
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Climate action helps build reputations and attract investors
SBTI program creates a global community where companies can set targets that align with the Paris Agreement.
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Stelco says measures help steel prices as it focuses on domestic market
US tariffs have helped accelerate the steel maker’s plans to focus on under-served markets in Canada.
Alberta helping new methanol plant with $80M in royalty credits
Nauticol Energy to start construction on the $2-billion plant near Grande Prairie with an opening set for 2020.
Hefty damages, costs award upheld for fired, threatened employee
Court found no reason to interfere with a lower court ruling in favour of former Keddco Manufacturing president.
Tilray to acquire Manitoba Harvest for up to $419M
Hemp food manufacturer’s products are already on the shelves of many US retailers.
US automakers to Trump: Don’t slap tariffs on imported cars
IHS predicts price increases would cause US auto sales to fall by an average of 1.8 million vehicles a year through 2026.
