Manufacturers offer to produce medical supplies to help with coronavirus
Alicja Siekierska, Yahoo Finance Canada March 19, 2020 Manufacturing companies across Canada are in discussions with various levels of government about using their facilities to help produce medical supplies and equipment amid the coronavirus outbreak. Ontario Premier Doug Ford said Thursday that he has held discussions with executives at two Canadian auto parts manufacturers – […]
‘Deserve better’: Business community reacts to Trudeau win
Jessy Bains, Yahoo Finance Canada October 22, 2019 The dust has settled, and a Liberal minority is left to govern after one of the nastier elections in recent memory. It will soon be time to get on with the business of governing, but what does the business community think of the government Canadians elected? We […]
GM issues layoff notices at Oshawa plant as strike in U.S. continues
Alicja Siekierska, Yahoo Finance Canada September 18, 2019 General Motors Co. (GM) has issued temporary layoff notices at its Oshawa Assembly Plant as the strike by workers in the United States continues into its third day. GM Canada confirmed on Wednesday that about 1,300 employees that work on the truck assembly line at the Oshawa, […]
Unifor, GM announce investment plan for Oshawa plant, 300 jobs to be saved
Alicja Siekierska, Yahoo Finance Canada May 8, 2019 General Motors will spend $170 million to transform its Oshawa Assembly Plant into a stamping and after-market parts facility, extending the life of the historic plant and preserving 300 jobs. The investment, announced by the presidents of GM Canada and Unifor in Toronto on Wednesday morning, will […]
This was pre-Trump: Why USMCA couldn’t have saved GM jobs in Oshawa
Jessy Bains, Yahoo Finance Canada Nov. 29, 2018 Canada is on the cusp of signing the United States-Mexico-Canada Agreement (USMCA) at this week’s G20 summit in Buenos Aires, but even the revamped trade deal wouldn’t have saved the General Motors (GM) plant in Oshawa, Ont. Under USMCA, 75 per cent of a vehicle will have […]
USMCA could increase cost of vehicles, says Scotiabank report
Alicja Siekierska, Yahoo Finance Canada October 2, 2018 While the United States-Mexico-Canada Agreement (USMCA) has brought some stability and certainty back to the North America auto industry, one report says administrative and higher wage requirements introduced in the deal could potentially raise the price of vehicles in North America. The Scotiabank Economics report, which analyzed […]
