Category : Corporate News


Algoma Layoffs: Gov'ts Knew Before $500M Loan

The federal and Ontario governments kept taxpayers in the dark about impending Algoma Steel layoffs when issuing $500M in loan guarantees. This lack of transparency raises serious questions.

Element Fleet Management buys Car IQ tech firm

Element Fleet Management Corp. announces deal to acquire San Francisco-based vehicle payment technology company Car IQ, expanding its financial service capabilities for commercial fleets.

Stellantis Gets Default Notice, Full Contract Released

The federal government serves Stellantis with a notice of default over a production shift to the U.S. and ends a weeks-long battle by handing an unredacted copy of the $529M funding deal to a parliamentary committee.

Ex-MLSE boss Tim Leiweke pardoned by Trump

Tim Leiweke, former CEO of Maple Leaf Sports & Entertainment, has been granted a presidential pardon by Donald Trump, months after facing indictment. Get the full story.

AMC CEO Adam Aron to Stay in Charge Following Stroke

AMC Entertainment CEO Adam Aron will continue leading the world's largest theatre chain after suffering a stroke, the company confirmed. Get the latest details on his recovery and the firm's leadership stability.

BRP Q3 profit and revenue up year-over-year

BRP Inc., the Canadian manufacturer of Ski-Doo and Sea-Doo, announced increased profit and revenue for its third quarter. Get the latest financial results and analysis.

Bombardier Abu Dhabi Service Centre Advances Construction

Bombardier's landmark service centre at Al Bateen Executive Airport is progressing, set to open in late 2026. The 120,000 sq. ft. hub will boost Middle East support for its entire aircraft fleet. Read more about this strategic expansion.

Delta Air Lines lost $200M in U.S. shutdown

The longest U.S. government shutdown cost Delta Air Lines an estimated $200 million in revenue. The airline cites reduced travel demand from federal employees and contractors.

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