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Bombardier gets federal exemption from sanctions on Russian titanium

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Bombardier is now the second large Canadian corporation known to have been granted an exemption from federal government sanctions on Russian titanium. The Montreal-based aircraft manufacturer, along with its European partner Airbus, can continue to use parts containing titanium produced by Russia’s VSMPO-AVISMA, based in Verkhnyaya Salda. During a conference call Thursday with reporters following the release of Bombardier’s quarterly results, CEO … Read more

Quebec multinational GardaWorld hit by $30M heist at southern California storage facility

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Thieves got away with $30 million US in cash from a money storage facility in Los Angeles by breaking into the building on Easter Sunday and cracking the safe. Now, detectives are seeking to unravel the brazen cash heist, reportedly one of the largest on record in Los Angeles. Police Cmdr. Elaine Morales told The … Read more

Ford delays start of EV production at Oakville plant until 2027

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Ford Motor Co. is delaying the start of electric vehicle production at its plant in Oakville, Ont., by two years. The U.S. automaker had planned to start production at the Canadian plant, which employs 2,700 workers, in 2025 and is pushing that back to 2027. Ford announced plans last year to spend $1.8 billion to … Read more

New sugar refinery to be built in Hamilton will be Canada’s largest, says company

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A new sugar refinery set to open in Hamilton’s port lands in 2025 promises to be Canada’s largest, with capacity to produce 4,000 tonnes of refined sugar per day, or one million per year.  The Sucro Can Sourcing facility, at the foot of Hamilton’s Sherman Street North, will use Randle Reef as an active part of its … Read more

Canada Post selling off logistics business as part of effort to ‘transform’ Crown corp

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Canada Post Inc. is selling off its third-party logistics business to a Montreal company, according to a media release Tuesday from the Crown corporation. The sale of SCI Group Inc. to Metro Supply Chain comes as the country’s national postal service “focuses on transforming to serve the changing needs of Canadians and Canadian businesses,” says … Read more