The global spread of coronavirus is lowering expectations that Canada’s economy will quickly emerge from one of its worst slowdowns in years, fueling bets the central bank will be forced to cut interest rates.
February 27, 2020Government, Business, Safety
Coronavirus Puts Speed Bump in Canada’s 2020 Economic Expansion
Government, Business
Andrew Cuomo Willing to Provide Information — With Limits — to Feds for Trusted Traveler Programs
New York Democratic Gov. Andrew Cuomo has indicated a willingness to provide information to the federal government on individuals enrolling or renewing their applications for Trusted Traveler Programs, but remains adamant in his refusal to provide state Department of Motor Vehicles database information.
February 25, 2020Business
Transportation, Industrials Surge in Canada’s Market
Canada's $230 billion industrials group has become the third-most valuable collection of companies on its equity market.
January 21, 2020Government, Business, Fuel, Logistics
Canadian Crude-by-Rail Shipments to Surge, Spurring Investment
Canadian shipments of crude by rail are poised to surge next year, spurring investment in new export infrastructure.
December 19, 2019Business, Equipment, Logistics
Titanium Reports Softer Q3 Earnings
Titanium Transportation Group was profitable in the third quarter of 2019, but earnings were below 2018’s strong numbers.
November 6, 2019Government, Business
Trudeau: Canada to Resume Pork, Beef Shipments to China
Canada will resume shipments of pork and beef to China, Prime Minister Justin Trudeau said, signaling the Asian nation has lifted an import ban imposed earlier this year.
November 5, 2019Government, Business, Fuel
‘Canada’ Is Becoming a Dirty Word in the Oil Patch
Canada’s beleaguered energy sector suffered another morale blow as Encana Corp. — one of its marquee companies that was born out of the 19th-century railway boom — announced plans to move its headquarters to the U.S. and drop the link to Canada from its name.
October 31, 2019Government, Business, Safety
Canadian Trucking Alliance Will Continue Push for Drug and Alcohol Testing Program
The Canadian Trucking Alliance will continue to urge government officials, including those recently elected, to establish a drug and alcohol testing program.
October 28, 2019Government, Business, Fuel
Trudeau Team Seeks to Calm Oil Patch Fears of Pipeline Debacle
One of Justin Trudeau’s top lieutenants says the Canadian prime minister will proceed with an expansion of the Trans Mountain oil pipeline even as he’s now likely to share power with the more environmentally minded New Democratic Party.
October 22, 2019Government, Business
Auto Plant Shutdowns Fuel Canada Factory Sales Drop
Sales at Canadian manufacturers declined for a second straight month, partly on shutdowns at auto and steel plants. Factory sales fell 1.3% in July, Statistics Canada reported Sept. 17 from Ottawa. That far exceeded the median forecast in a Bloomberg survey of economists, which called for a 0.1% decline. In volume terms, sales dropped 1.6%.
September 17, 2019