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Quebec investing another $413M in Airbus partnership to keep assembly line in the province

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Quebec investing another 3M in Airbus partnership to keep assembly line in the province

Quebec is extending its partnership with Airbus Canada until 2035, the two jointly investing $1.65 billion to keep manufacturing its narrowbody A220 planes in the province. The French aerospace giant holds 75 per cent of Airbus Canada’s shares while Quebec holds the other 25 per cent. Airbus is set to invest $1.2 billion, and Quebec … Read more

No water, no oil: How the parched western provinces could hamper the oilpatch

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No water, no oil: How the parched western provinces could hamper the oilpatch

Persistent and severe drought conditions across Western Canada could have a devastating effect on the oil and natural gas sector, which has drilling operations in some of the driest areas, according to a new report by Deloitte. Limited water supply could have significant effects on the production of oil and gas, the report warns, and … Read more