Executives are confident the oil price crisis is subsiding but are dismayed by recent setbacks for oil pipelines in the US.
Half of survey respondents say production is down between 25% and 50%, more than 50% for a quarter of companies.
Pandemic has contributed to reduced demand of 50% for gasoline, 70% for jet fuel and 20% for diesel.
Will provide engineering services at new 60,000-square-foot facility in Montreal.
HFV6 line resumes followed by the balance of St. Catharines operations, CAMI and Oshawa stamped parts.
Operations in Metro Vancouver were ordered closed this month when workers tested positive.
More producers join a growing list of companies reducing spending and cutting production.
All production suspended, temporary lay offs of most assembly line workers at 10 plants across the globe.
Automation company harnesses worldwide resources to expedite production of medical equipment.
Extension is in response to the “continued steep decline” in market demand.
TORONTO — The Ontario government has provided details regarding what is considered essential businesses after ordering the closure of non-essential workplaces beginning March 24 at 11:59 p.m. Manufacturing, production and businesses that supply other essential businesses or services including processing,…
Now plans up to $1 billion this year, down from earlier plans for between $1.3 billion and $1.5 billion.
Stalled air travel and manufacturing all but stopped in China, sapping demand for fuel following plunging crude prices.
Maple products rose to $517.5 million on higher output as honey output and number of bee colonies declined.
Increase largely due to a deferral of spending following the mandatory production curtailments in Alberta.