Canada’s pokey economy is upsetting the tummies of the nation’s chartered accountants.
Consumer demand grows and more production follows.
MONTREAL: CAE’s sales of aircraft simulators are expected to take off in the coming year or so after the leading global manufacturer sold another five devices to various airlines for $65 million. The Montreal-based aerospace simulator and training firm said…
Cutting corporate taxes is good for the economy and increases tax revenues, according to an analysis by Canadian Manufacturers & Exporters.
It’s been a rough couple of years for manufacturers but management-level pay rose almost 4% in 2010 after a dismal 0.76% increase in 2009, according to Canadian PLANT survey of Canadian companies.
Enbridge Inc. is spending $200 million to further expand a regional pipeline system serving the oil sands, as producers pour more and more investment into new projects.
Canadian manufacturers see the economy picking up over the next three years and they are preparing for business expansion with plans to hire, and invest in process improvements, facilities, technology, training and innovation, according to a survey of senior plant executives.
The MiQro Innovation Collaborative Centre is getting a $14.1 million federal government grant as part of the Centres of Excellence for Commercialization and Research program.
The internal combustion engine has proved to be a steady and reliable source of power using relatively inexpensive and readily available fuel. But current R&D will make the internal combustion engine even more efficient and cleaner with direct injection and turbo superchargers.
The global economy is coming back to life after last year’s economic meltdown, and Canadian manufacturers are getting back in the game. But they’re facing a very different business and trade environment.
It’s been two years since the financial sector’s recklessness and greed plunged the world economy into recession and cost millions of people their jobs. Now we face stark choices about the kind of future we want.
The September numbers for manufacturing shipments were a bit of a downer. Statistics Canada reported a 0.6% decrease with 13 of 21 industries registering lower sales. This has pundits wringing their hands over how manufacturing’s ongoing malaise is going to mess up the Bank of Canada’s growth forecasts.
Many manufacturers make one critical mistake that dramatically reduces the number of sales leads produced from their white papers.
Nova Scotia is aiming the bulk of the money it will spend on a new job creation strategy at improving productivity, fostering innovation and boosting international trade.
W2 Energy is boosting its clean tech equipment manufacturing operation from 5,000 square feet to a 10,000 square-feet at a new location in Guelph, Ont.