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Industrials News

Bombardier’s Russia venture put on hold

Bombardier Inc. has put on ice a turboprop project in Russia because of the unfavourable climate there, Bombardier Inc. chief executive officer Pierre Beaudoin said.

Posted on 10-30-2014 at 1:22 PM

Bombardier profit cut by half on downsizing charge; revenue surges

Bombardier Inc.’s third-quarter earnings fell almost 50 per cent as the plane and train maker took a $120-million charge related to previously announced job cuts.

Posted on 10-30-2014 at 7:06 AM

Fiat Chrysler shares soar on spinoff of iconic sports car maker Ferrari

Shares in Fiat Chrysler rose more than 18 per cent to a six-month high on Wednesday after the company announced plans to spin off its luxury car unit Ferrari and issue a mandatory...

Posted on 10-29-2014 at 10:38 AM

Ottawa to toughen train handbrake rules after Lac-Mégantic

Canada’s government is increasing oversight of the country’s railways and will toughen handbrake rules to bolster security.

Posted on 10-29-2014 at 7:40 AM

Branding or discrimination? Employee quits after WestJet asks her to change hair

The case of a Calgary woman who quit her WestJet job after the company asked her to change her hairstyle is renewing a debate on workplace dress code policies.

Posted on 10-29-2014 at 7:15 AM

Airline fuel surcharges should drop as oil prices slide: IATA

The drop in the price of oil and aviation fuel should cause airlines to reduce their fuel surcharges, Tony Tyler, director general of the International Air Transport Association said...

Posted on 10-28-2014 at 12:16 PM
TSB finds Canadian railways failing to properly report accidents

TSB finds Canadian railways failing to properly report accidents

Railways in Canada failed to properly report 254 accidents over a seven-year period, the Transportation Safety Board of Canada says.

Posted on 10-27-2014 at 3:08 PM

Union disappointed that Ford is moving $2B investment from Windsor to Mexico

The head of the union representing Ford Motor Co. workers in Windsor, Ontario, said he was disappointed to have lost out on the investment of more than $2 billion at the automaker’s engine...

Posted on 10-24-2014 at 11:36 AM

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