Parties to the massive Honda EV investment deal reached this week have tacitly acknowledged that foreign workers will be involved in setting up the proposed auto plants, while attempting to downplay an issue already seized upon by the federal Conservatives. In response to questions throughout the week, federal officials, their provincial counterparts and executives for the … Read more
Japanese automaker Honda will make a $15-billion electric vehicle investment in Ontario to build four new manufacturing plants in the province, Prime Minister Justin Trudeau and Ontario Premier Doug Ford announced Thursday. According to a government statement released to media in advance of the announcement, the deal will result in “Canada’s first comprehensive electric vehicle … Read more
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
Armies rarely measure their success by the roads they’ve paved or the rail lines they’ve laid down — but that may be the metric Russia is using in occupied portions of Ukraine, where major infrastructure projects are underway or are being planned. Over the last few months, Moscow-based media have reported on the construction of a new railway line between Rostov-on-Don … Read more
Finance Minister Chrystia Freeland has approved RBC’s $13.5-billion takeover of HSBC Canada, despite calls from opposition politicians and other groups to block it over concerns of reduced competition. Freeland’s approval was the last hurdle for the deal after the Competition Bureau approved it in September. The minister’s approval comes with conditions on RBC, including that … Read more
