Industry Update

PMI August 2018

September 5, 2018

The IHS Markit Canada Manufacturing Purchasing Managers’ Index (PMI) for August shows the strongest uptick in Canadian manufacturing output since December 2010.

Read more: Manufacturing output up sharply in August

NAFTA negotiations. Photo: AP

September 3, 2018

Canada’s automotive industry is anxious about details to emerge from current NAFTA negotiations, despite the recent agreement between the US and Mexico on revisions to the deal.

Read more: NAFTA uncertainty rattles Canadian automotive sector

ACE wind tunnel in operation. Image courtesy UOIT/Global News

September 3, 2018

The Government of Canada has announced up to $9.46 million in funding to the University of Ontario Institute of Technology to enhance its Automotive Centre of Excellence in Oshawa, and to create new research and development jobs in the automotive industry.

Read more: Ottawa announces support for automotive R&D

MSVS truck

August 29, 2018

Craig Manufacturing has won a contract to build the loadbeds on the new medium Support Vehicle System (MSVS) for the Canadian Forces.

Read more: New Brunswick manufacturer lands $25 M Canadian military contract

New Flyer Xcelsior CHARGE electric buses

August 28, 2018

Winnipeg based bus maker New Flyer Canada has been awarded a contract to build zero-emission buses for two Quebec municipal transit agencies.

Read more: New Flyer wins Canada’s largest ever battery-electric bus contract

Mazak Discover Automation Education Event

August 27, 2018

November 8-9, 2018, Mazak Canada will host a two-day Discover Automation Education Event, focusing on how to automate low to medium-volume/high-mix machining production.

Read more: Mazak hosts Discover Education Automation event

Chinese ambassador to Canada Lu Shaye. Photo CP/Justin Tang

August 22, 2018

China's ambassador to Canada says he hopes to make progress on a free trade agreement with Canada and others amid China's rising trade tensions with the United States.

Read more: Chinese ambassador hopes to speed trade talks with Canada despite protectionism

Magna CEO Walker not too worried by US tariffs

August 19, 2018

Magna CEO Don Walker has told CNBC money columnist Jim Cramer that the Trump administration’s tariff campaign may have a silver lining.

Read more: Magna CEO sees “huge opportunity” in ongoing tariff war

Sheet metal laser processing

August 15, 2018

Mitsubishi Electric Corporation, an established MC Machinery automation solutions partner, has announced the acquisition of ASTES4 SA.

Read more: Mitsubishi Electric acquires ASTES4 SA

Safeguard steel tariffs being considered

August 15, 2018

The federal government says it plans to seek industry input before it decides whether or not to impose tariffs on steel entering Canada from offshore suppliers.

Read more: Canada to consider safeguard steel tariffs

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