Bombardier repays US$500 million in senior notes
Bombardier makes a major move in its debt reduction strategy, repaying US$500 million in senior notes. The aerospace giant stays on track with its financial restructuring plan.
Category : Search result: Canadian aerospace industry
Canada launches task force to support lumber sector
Canada's government launches a new task force to bolster the forestry and lumber industry, aiming to ensure economic sovereignty and sector resilience. Learn about the plan and its implications.
Key Facts About Canada's Grocery Code of Conduct
A new grocery code of conduct aims to bring fairness to Canada's food supply chain. Learn what it means for suppliers, retailers, and your wallet. Stay informed on this critical business shift.
Canada Launches Softwood Lumber Task Force
The federal government is launching a new task force focused on enhancing the competitiveness of Canada's vital softwood lumber industry. Get the details on this strategic move.
Canopy Growth Buys MTL Cannabis for $125M
Canadian cannabis giant Canopy Growth announces a major acquisition of MTL Cannabis, valued at $125 million. The deal aims to strengthen its market position and portfolio. Read the full details here.
Feds invest $40M in Atlantic Canada defence sector
The federal government is allocating close to $40 million to bolster the defence industry in Atlantic Canada. This significant investment aims to enhance innovation and create jobs in the region.
Algoma Steel loan about 'saving the furniture': Hajdu
Jobs Minister Patty Hajdu defends a federal loan to Algoma Steel, framing it as crucial for preserving jobs and industrial capacity in Sault Ste. Marie. Get the details on the government's intervention.
Manitoba cattle herd shrinks while beef prices rise
Manitoba's cattle population is declining as ranchers like Jonathan Vaags respond to high costs and market pressures, leading to higher beef prices for consumers. Explore the factors behind this agricultural shift.
Canadian Firm Roshel Criticized for U.S. Armoured Vehicle Sales
Brampton's Roshel faces backlash for selling armoured vehicles to U.S. agencies, sparking debate over Canadian moral posturing versus economic success. Read the full editorial analysis.
Canadian Butchers Under Pressure from High Beef Prices
Canadian butcher shops face intense pressure as beef prices remain high due to historically low cattle herd numbers across the country. Learn the causes and impacts.
Saab, Airbus Partner on Unmanned Fighter Technology
Sweden's Saab and European giant Airbus announce a strategic partnership to develop unmanned fighter technology, sparking debate over Saab's offer to bring aerospace jobs to Canada. Explore the details and implications.
Critics Question Saab's 10,000 Aerospace Jobs Offer to Canada
Swedish defence giant Saab's pledge to create 10,000 aerospace jobs in Canada is under fire. Industry analysts and critics question the feasibility and details of the ambitious proposal.
Canada issues default notice to Stellantis over U.S. shift
Industry Minister Mélanie Joly confirms Stellantis received a formal notice of default following its decision to move production out of Canada. Get the latest on the government's response.
Lockheed Martin opens new hypersonic weapons facility
Lockheed Martin has launched a new facility dedicated to hypersonic weapons development, marking a significant expansion in advanced defense capabilities. Discover the strategic implications.
Domtar Crofton pulp mill closure cuts 350 jobs
Domtar is permanently closing its Crofton pulp mill, eliminating 350 jobs weeks before Christmas. The closure, blamed on lack of affordable wood, deals a devastating blow to B.C.'s forestry sector.
ICE orders 20 armoured vehicles from Canadian firm
U.S. Immigration and Customs Enforcement (ICE) has placed an order for 20 armoured vehicles from Canadian manufacturer Roshel. The deal highlights Canada's growing defence industry.
Boeing CFO Sees Higher Deliveries, Positive Cash Flow Next Year
Boeing's CFO announced the company expects increased jet deliveries and positive free cash flow in 2026, sparking an 8% surge in its stock price. Get the full details on the aerospace giant's financial outlook.
Calgary's Buckskin Leather Marks 40 Years as Industry Leader
Calgary-based Buckskin Leather celebrates four decades as a premier North American leather wholesaler. Discover the Schluessel family's legacy and how they built a global market from Alberta.
$81B Defence Plan a Boon for Alberta Industry: MacKay
Former Defence Minister Peter MacKay says the federal government's $81-billion defence spending plan represents a massive opportunity for Alberta companies to supply the military.
Algoma Steel Lays Off 1,000, Blames Trump Tariffs
Algoma Steel is cutting 40% of its workforce, citing U.S. tariffs and a forced shift to electric arc steelmaking. The layoffs come just two weeks after a major government bailout.
Algoma Steel to Lay Off 1,000 Workers
Algoma Steel announces 1,000 layoffs in Sault Ste. Marie, citing difficult market conditions and trade pressures. Read about the impact and federal support.
Canada Joins EU's €150B SAFE Defence Program
Canada secures historic entry into the EU's SAFE defence procurement fund, aiming to reduce military reliance on the U.S. and open new opportunities for Canadian defence firms. Read the details.
Gildan completes HanesBrands acquisition, doubling size
Montreal-based Gildan Activewear has finalized its acquisition of HanesBrands, effectively doubling the company's scale. The deal marks a major shift in the apparel industry. Read more on the strategic implications.
GLP-1 Drugs Like Ozempic Threaten Fast-Food Business
Experts warn injectable weight-loss drugs such as Ozempic are reducing consumer appetites, posing a significant challenge to the fast-food sector's traditional business model in Canada.
N.B. Woodlot Owner: Forestry Tariff Crisis Unsustainable
New Brunswick woodlot owner reveals how current tariff conditions threaten the province's forestry industry. Learn about the economic pressures facing Canadian lumber producers.
Ontario Minister's Global Defence Industry Mission
Ontario's Economic Development Minister Vic Fedeli is on an international mission to attract defence industry investments and create high-value jobs for the province. Learn about this strategic economic push.
Steel industry praises federal measures, wants tariff changes
Canada's steel sector welcomes new federal support measures while calling for an end to the tariff remission program. Industry leaders seek competitive balance.
Calgary Report: Canada's Energy Industry Faces Longer Rough Ride
New Enserva report reveals tough 2025 for Canada's oilpatch with one project potentially changing fortunes. Read analysis of energy sector challenges and opportunities.
Canadian Softwood Lumber Industry Underwhelmed by Support
Prime Minister Mark Carney announces new supports for Canada's lumber and steel sectors, but industry leaders remain skeptical about the measures' effectiveness.
Canada Limits Steel Imports, Cuts Freight for Key Industries
Canada announces new measures to protect steel and lumber industries from U.S. trade tensions. Import limits and reduced shipping costs aim to transform key sectors.
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