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Despite the economic uncertainty in industry, an online story in the Financial Post says Canada’s financial system is in a relatively good place to weather any potential storms generated by a weakening global economy and the U.S.-China trade war.

Senior Deputy Governor Carolyn Wilkins said the central bank is not forecasting a recession at home or world-wide, but reiterated the global economy is facing immense challenges that could spill over into Canada.

Read the full story here.

Advancements in titanium machining

Mazak Canada, Cambridge, ON, is hosting a lunch and learn for manufacturers on March 27 that will focus on techniques for maximizing milling performance in titanium.

Abicor Binzel forms NA agreement with Canadian robotics firm

Abicor Binzel and Canadian robotics company Novarc Technologies, based in Vancouver, BC, have formed a North American sales agreement.

Economy to sink 6% this year, bounce back in 2021, says BMO report

The Canadian and global economies have begun the initial stages of recovery, according to a newly-released report from BMO. 

Feds set to give $950 M for innovation to industries

Nine industry consortiums may receive $950 million from the Federal government under the Liberal Party's innovationn initiative known as its "superclusters" program according to report in The Globe and Mail.

Héroux-Devtek lands significant Dassault contract

Héroux-Devtek Inc. has been awarded a contract by France’s Dassault Aviation to design, develop and manufacture the landing gear system for the new Falcon 10X business jet.

Bombardier to supply 36 commuter trains to Paris

Bombardier’s rail division, Bombardier Transportation, has received an order for 36 Francilien train sets from the French national railway corporation, Société nationale des chemins de fer français (SNCF).

Magellan signs $250 M deal with Pratt & Whitney Canada

Magellan Aerospace has signed a ten-year agreement with Pratt & Whitney Canada, a deal valued at $250 million that will see the aerospace OEM producing magnesium and aluminum castings for the engine maker's products.

Ottawa’s pre-election budget gets mixed reviews

Ottawa has introduced its 2019 budget, to mixed reviews from business.

Elliott-Matsuura takes on new lines, Skoda, Cheto

Elliott-Matsuura Canada Inc., Oakville, ON, has added two new lines of machines to its offering.

Auto companies readying for new content requirements under USMCA

Canadian automakers are looking at their supply chains to make sure they’re prepared for the new regional content rules that are part of the new US Mexico Canada Agreement (USMCA), which replaces NAFTA.

Hexagon opens certification centre in Montreal

Hexagon’s Manufacturing Intelligence division today announced the opening of a dedicated Hexagon certification centre in Montreal.

3D manufacturing good for environment: EOS, Airbus study

EOS of North America Inc., Nov, MI, and aerospace giant Airbus Group Innovations have partnered together in a study to illustrate the environmental and cost saving benefits of 3D printing in aerospace manufacturing.

Iscar, Megatel event showcases machining, cutting technologies

Iscar and Megatel held a joint event at Iscar's Oakville, ON facility recently to showcase the latest in machining and cutting strategies.

Héroux-Devtek wins major Boeing parts mandate

Aerospace parts manufacturer Héroux-Devtek Inc. has been awarded a multi-year contract by plane-maker Boeing to manufacture new actuation components for several commercial aircraft platforms.

Canadians enjoy Shop IMTS Luncheon

Approximately 5000 Canadians attended the International Manufacturing Technology Show at McCormick Place in Chicago,

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