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News Oil & Gas General
October 6, 2020  

Suncor Energy will cut 10% to 15% of its workforce over next 18 months

Cuts are to be made across the entire organization; will also affect Suncor’s contracted workers.

News Government General
August 11, 2020  

A second COVID-19 wave? Here are 6 lessons from the first

The spread of COVID-19 can be reduced with simple actions

News Automotive Manufacturing General
August 10, 2020  

Martinrea loses $146.9M in Q2 on 51% drop in sales due to COVID-19

The autoparts manufacturer says it expects a strong third quarter as automakers replenish low vehicle inventories

News General
August 6, 2020  

Canadians are afraid to return to workplace, yet trust employers to keep them safe: KPMG

82% trust their employer to take and maintain all the necessary health and safety precautions

News Aerospace Transportation General
August 6, 2020  

Bombardier Q2 net loss widens while revenues plunge due to COVID-19

Revenues for the three months ended June 30 plunged 37% to $2.7 billion from $4.3 billion a year ago

News Food & Beverage General
August 6, 2020  

Tim Hortons sales fall by one third as RBI feels the pain of pandemic

The parent of Tim Hortons and Burger King says net income fell to US$163 million in the quarter ended June 30

News General
August 5, 2020  

Customer experience outsourcers launch self-service options to improve business outcomes

Outsourcers integrate advanced analytics, artificial intelligence, and machine learning to improve the customer journey and agent experience

News Oil & Gas General
August 4, 2020  

Oilfield services rival makes alternative plan to restructure Calfrac debt

Wilks Brothers, LLC, says its offer would significantly lower Calfrac’s debt level and give a better recovery to stakeholders

News Construction Minerals General
August 3, 2020  

SNC-Lavalin to restructure resources business to be profitable next year

The turn away from resources will reduce that segment’s operations to nine countries from 30

News General
August 3, 2020  

More corporate meetings to go virtual after success during pandemic

Experts say the success of AGMs taken virtual this year will likely translate into more options for online and teleconference participation at future events

News Energy Oil & Gas General
July 30, 2020  

Total writes off $9.3B in oilsands assets, cancels Canadian oil lobby membership

Total said it is leaving CAPP because of a “misalignment” between its public positions and those expressed in Total’s climate ambition statement

News Energy Oil & Gas General
July 29, 2020  

Enbridge Q2 earnings slip as revenues plunge 40% due to COVID aftermath

Enbridge was expected to report 55 cents per share in adjusted profits on $12.5 billion in revenues

News Automotive Manufacturing General
July 29, 2020  

Plant closings send GM to 2Q loss, but signs of improvement

The Detroit automaker closed its plants on March 18 and they remained idle for two months due to the coronavirus

News Automotive General
July 22, 2020  

Tesla makes US$104M profit in 2Q despite factory shutdown

Picked a site for its second US assembly plant, although the location wasn’t released.

News Aerospace Manufacturing General
May 4, 2020  

Hundreds of Quebec aerospace workers to be laid off

Airbus is waiting for “clear visibility” while Pratt & Whitney is resounding to pressure on the order book.