Industry Update

Trudeau talks tariffs

November 11, 2018

Tariffs imposed by the US Trump administration on Canadian steel and aluminum had no effect on trade talks – and Canada may ratify the new USMCA agreement even if they remain in place, Prime Minister Justin Trudeau said in an interview with CNN.

Read more: Tariffs had no impact on NAFTA talks: Trudeau

ENSIS 3015 with AMS 3015 CL

November 11, 2018

Visitors to FABTECH 2018 in Atlanta, GA, saw what they expected to see: examples of automation, additive and other smart manufacturing solutions.

Read more: FABTECH 2018: Embracing Technology

EDC export outlook for 2019

November 8, 2018

Export Development Canada (EDC) has released its fall Global Export Forecast, and expectations for 2019 show solid export growth.

Read more: EDC predicts good 2019 for Canadian exports

Mazak Discover Automation Education event

November 7, 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

Magellan Aerospace

November 6, 2018

Magellan Aerospace Corporation has secured a six year agreement with Airbus for a contract extension for the manufacture of A350 XWB centre wing box and keel beam detail parts.

Read more: Magellan wins $140 M Airbus contract extension

Rory Johnston makes the case for $100 oil

November 4, 2018

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.

Read more: Can oil hit $100? Where prices are headed in 2019

Full time employment surges

November 4, 2018

Statistics Canada has reported that the Canadian economy added 11,200 jobs in October as unemployment dipped to a 40-year low.

Read more: Canadian full-time hiring surges, Statscan says

Tekna announces plant expansion

November 4, 2018

Canadian advanced material powder manufacturer Tekna has announced the expansion of its second plant and its new manufacturing infrastructure in Sherbrooke, Quebec.

Read more: Tekna announces $5.5M expansion of Quebec metal powder production plant

Battery Ventures acquires SigmaTEK

October 30, 2018

Technology investment firm Battery Ventures has acquired SigmaTEK Systems, a manufacturing and fabrication software company.

Read more: Battery Ventures acquires SigmaTEK Systems

Skilled labour shortage. Source: CFIB

October 30, 2018

The Canadian Federation of Independent Business (CFIB) says that more small businesses in Canada than ever are reporting that they face a shortage of skilled labour.

Read more: Record number of small Canadian businesses short of skilled labour

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