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Industrials News

Canada’s trade deficit narrows as energy exports climb 14.9%
Canada’s merchandise trade deficit narrowed in February as prices for exported energy recovered from lows set during a crude oil crash last year.
Posted on 4-02-2015 at 9:29 AM
World’s auto makers to invest $24-billion – but not in Canada
The world’s auto makers announced investments of $24.1-billion to increase production capacity last year and for the fourth year in the past five, none of the money has been earmarked for Canada.
Posted on 4-01-2015 at 9:05 AM
Investors wary of Bombardier’s enthusiasm for regional jets
Not only does Bombardier insist it will keep producing the CRJ aircraft family for another decade at least, the company says it is committing a yet-undisclosed amount of money to improve the planes further. And that has some investors and analysts worried.
Posted on 4-01-2015 at 8:03 AM
Fiat Chrysler U.S. sales streak reaches 5 years as Ford, GM slip
Fiat Chrysler Automobiles NV said March U.S. vehicle sales rose 1.7 percent, extending its streak of monthly gains to five years amid an expanding U.S. auto industry as General Motors Co. and Ford Motor Co. posted declines.
Posted on 4-01-2015 at 11:12 AM
Former Bombardier CEO's pay cut 12% after missed targets
Former chief executive, Pierre Beaudoin, suffered a small pay cut in 2014 as the company struggled to complete development of its new CSeries jet, filings showed on Tuesday.
Posted on 3-31-2015 at 12:23 PM
Falling loonie gives lift to auto sector
Labour costs at plants in Canada have fallen to levels below those at U.S. factories, a sign the falling value of the loonie is helping improve this country’s competitive position in the auto sector.
Posted on 3-31-2015 at 7:40 AM
CPPIB partners in $2.36-billion stake in Associated British Ports
The deal, which is expected to close in the summer, will allow the buyers to acquire a further 3.33 per cent in ABP, depending upon pre-emption rights, they said in a statement.
Posted on 3-31-2015 at 7:59 AM
Canadian trailer maker Manac to explore potential sale
The largest manufacturer of truck trailers in Canada said on Monday its board has begun a strategic review to explore a potential sale or merger.
Posted on 3-30-2015 at 10:18 AM

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