
Category
Economy
Magna Q3 profit down as auto production falls due to semiconductor chip shortage
TORONTO – Magna International Inc. reported its third-quarter profit…

Ontario seeking to double skilled immigrants to address labour shortage
TORONTO – Ontario is calling on the federal government…

Ontario releases the 2021 Fall Economic Statement
Minister of Finance Peter Bethlenfalvy released the 2021 Ontario Economic…

NFI Group reports US$15.4M Q3 loss, revenue down amid supply disruptions
WINNIPEG – NFI Group Inc. says it lost US$15.4…

Auto sales for October down 17.7 per cent from last year on lack of supply
TORONTO – DesRosiers Automotive Consultants says Canadian auto sales…

PMI hits seven-month high, but severe delivery delays and supply shortages persist
October PMI data revealed another robust improvement in the…

Ontario to raise minimum wage to $15 an hour
As part of the 2021 Fall Economic Statement, the…

Scientists hope to link lab bench with pharmacy shelves through Edmonton drug plant
EDMONTON – University researchers and drug developers in Edmonton…

Statistics Canada says economy grew 0.4 per cent in August
OTTAWA – Statistics Canada says the economy grew 0.4…
More than 880,000 Canadian jobs vulnerable in global clean energy transition
OTTAWA – More than 880,000 Canadians work in industries…

Fed survey finds economy facing supply chain, other drags
WASHINGTON (AP) – The Federal Reserve reports that the…

Small businesses warn of layoffs, closures if pandemic aid isn’t extended
OTTAWA – Business groups in Canada are warning that…

ZF Automotive Canada receives investment of $1.2 million from province
ZF Automotive Canada’s investment of over $7.8 million is…
Ford promises ‘huge’ investment in Windsor, Ont., auto plant after shift cuts
TECUMSEH, Ont. – Ontario Premier Doug Ford says the…

Automakers step up pace on electric vehicle battery plants
DETROIT (AP) – Global automakers and tech companies are…

Stellantis to cut shift at Windsor auto assembly plant at loss of 1,800 jobs
WINDSOR, Ont. – Stellantis says it is cutting its…

Ontario invests in London-area manufacturers
The Ontario government is supporting an investment of nearly…

Ontario invests in seven North Bay Area businesses
The Ontario government is providing over $1.2 million to…

Ontario launches program for industrial sites to become investment-ready
The Ontario government launched a pilot program to help…

The very future of manufacturing hinges on automation
A large segment of Canada’s manufacturing workforce will be leaving for good by the end of the decade, and new, younger hires aren’t going to replace them.

Ontario providing financial assistance to employers
Ontario’s Workplace Safety and Insurance Board (WSIB) is cutting…

Ontario providing investment into Skills Development Fund
The Ontario government is providing an additional $83 million…

Deere and UAW reach tentative agreement
Deere & Company and the International Union, United Automobile, Aerospace and Agricultural Implement Workers of America (UAW) have reached a…

Suncor assumes operatorship of Syncrude
Suncor has assumed operatorship of the Syncrude joint venture,…

PMI continues to signal strong growth, but global supply shortages force record rates of inflation
According to IHS Markit, Canada’s manufacturing sector concluded the…

Ontario provides $2.2 million to manufacturing sector in Parry Sound District
The Ontario government is providing over $2.2 million to…

NFI provides update on supply chain disruptions and 2021 guidance
NFI Group Inc. announced that, due to the impact…

Everything old is new again after election returns virtually identical Parliament
OTTAWA (CP) – Prime Minister Justin Trudeau will be…

Aerial equipment prices up 29 per cent in the U.S.: report
Ritchie Bros.’ September Market Trends Report continues to show…

ADP report: Manufacturing industry loses 4,800 jobs in August
According to the August ADP Canada National Employment Report,…

The world’s most-optimistic CEOs are in Canada: KPMG’s Global CEO Outlook
According to KPMG’s latest Global CEO Outlook report, despite the…

National poll: Government should act to strengthen essential manufacturing and supply chains
According to national polling conducted by Abacus Data on…