Rory Johnston makes the case for $100 oilClick image to enlarge

Scotiabank’s Rory Johnston talks to the Financial Post’s Larysa Harapyn about the likelihood of oil reaching the $100 dollar threshold – and what it will take to get there.

Key factors: continuing growth in demand, production shortfalls in traditional producers and challenges facing the US shale patch as it struggles to fill the gap.

Watch the full discussion.

Ontario announces $7M automotive training program

The Automotive Parts Manufacturers’ Association (APMA) is partnering with the Ontario government to deliver automotive job placements and training.

Weiner schnitzel, beer and metal fabricating

TRUMPF holds biggest industry event in its history at German headquarters

By Mary Scianna

Given the economic upheaval the global manufacturing sector has witnessed in recent years and the continued uncertainty about a rebound, you would not expect to see much interest among manufacturers for investment in new technologies.

Airbus teams up with CFM to test hydrogen-powered plane

Airbus is teaming up with engine maker CFM International to build a demonstrator for testing propulsion technology for future hydrogen-powered airplanes.

Getting an educational edge on machining

Local manufacturers had the opportunity to learn about the latest machining innovations at a joint supplier event held at machine tool distributor Ferro Technique's Mississauga, ON, facility.

GM Oshawa plant reopens

GM Canada has announced the first Chevrolet Silverado pickup truck has rolled off the line at its reopened assembly plant in Oshawa, ON.

CTMA Annual Shotgun Golf Tournament awards

The Canadian Tooling & Machining Association (CTMA) held its 23rd Annual Shotgun Golf Tournament on Sept 14.

Damage from closed borders 'potentially irreversible,' says CTMA survey

Canadian manufacturers are still feeling the pinch of stringent border controls during the COVID-19 response, according to a recent survey, and in some cases the pain is worse than ever.

Ontario auto parts manufacturers to receive $1.4 M in funding

Twenty Ontario automotive parts manufacturing will be receiving $1.4 million in funding from the Automotive Supplier Competitiveness Improvement Program (ASCIP).

$11 M expansion for Quebec aerospace manufacturing shop

Alta Precision, a Montreal machine shop serving the aerospace manufacturing industry, has doubled its operation to meet growing demand. The modernized $11 million project has seen the CNC manufacturing business go from 40,000 sq ft to 80,000 sq ft. The company held an inauguration on June 21. Alta Precision will be featured in Shop Metalworking Technology's upcoming August issue.

Federal supply chain initiatives need quick but smart deployment

Government initiatives announced in the federal budget to help Canadian businesses build more efficient and resilient supply chains are welcomed but they need to deployed quickly, according to the Canadian Manufacturers & Exporters (CME).

Sudbury welder hires skilled immigrants to beat labour shortage

The owner of a welding shop in Sudbury, ON is applauding the recently announced federal Rural and Northern Immigration Pilot, a program to encourage skilled immigrants to settle in rural and remote parts of the country.

LVD expands into tube laser cutting with new deal

LVD Co. has entered an operational merger with US tube laser cutting machine manufacturer AltaMAR that will allow LVD to expand into the tube cutting market.

Toyota Canada reports strong sales for first half of 2019

Toyota Canada says it sold 120,368 vehicles in the first half of the year.

Magellan to manufacture engine castings for Pratt & Whitney

Magellan Aerospace  has signed a six year agreement with Pratt & Whitney to manufacture aluminum castings for its Next Generation Product Family of engines.

Stay In Touch

twitter facebook linkedIn