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Industrials News

GM production boost to extend life of Oshawa plant
General Motors Co. says a plan to increase the production of Chevrolet Equinox crossovers will extend the life of one of its Oshawa, Ont., assembly plants.
Posted on 8-19-2015 at 2:06 PM
Brookfield Infrastructure buys Asciano in $8.8B deal
Brookfield Infrastructure Group, backed by Canada’s largest alternative asset manager, agreed to buy Asciano Ltd. in a deal that values the Australian rail and port operator at A$12 billion ($8.8 billion) including debt.
Posted on 8-17-2015 at 9:28 AM
Shipping oil by pipeline 4.5 times safer than rail: Report
Transporting oil and gas by rail is more dangerous than moving it by pipeline, a new study has found.
Posted on 8-13-2015 at 8:41 AM
CN chief to take leave for treatment of tumour as CFO steps in
Canadian National Railway Co. Chief Executive Officer Claude Mongeau is taking a three-month leave of absence to undergo treatment to remove a tumour.
Posted on 8-13-2015 at 8:07 AM
Air Canada is smart to boost international capacity: Front Street Capital
Gerard Ferguson says the drop in the loonie has turned Canada into a less desirable destination for U.S. airlines, and fewer Canadians are drawn to U.S. airports for the cheaper fares on international flights.
Posted on 8-12-2015 at 5:18 PM
Air Canada falls most in six months amid declining yields
Air Canada fell the most in six months after the country’s biggest carrier predicted average fares will decline amid increased capacity on longer-range international routes.
Posted on 8-13-2015 at 12:00 AM
Magna International profit, sales beat analysts' estimates
Auto parts maker Magna International Inc reported higher-than-expected quarterly profit and sales as increased vehicle production in North America offset the impact of a strong U.S. dollar.
Posted on 8-07-2015 at 7:36 AM
SNC-Lavalin profit falls on construction, engineering
CEO Robert Card is pressing ahead with plans to eliminate about 9 percent of SNC-Lavalin’s workforce by 2016 while integrating last year’s $2.1 billion acquisition of Kentz Corp.
Posted on 8-06-2015 at 9:24 AM

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