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Manufacturing
Manufacturing sales up in July after falling in June
OTTAWA — Statistics Canada says manufacturing sales rose 1.6 per cent to $71.9 billion in July, boosted by higher sales of food…
US auto strike expected to affect Canada
TORONTO — A limited strike by autoworkers in the United States is expected to affect the sector in Canada as the industry in both…
Detroit automakers and workers remain far from a deal
DETROIT (AP) — With a deadline looming just before midnight Thursday, the United Auto Workers union and Detroit's three automakers…
US retail sales rise 0.6 per cent in August
NEW YORK (AP) — Americans stepped up retail spending modestly from July to August as the price of gasoline jumped, cutting into…
It will take 20 years for feds to break even with Volkswagen, Stellantis deals: PBO
OTTAWA — The parliamentary budget officer says it will take the federal government until 2043 to break even on its EV battery…
Stellantis reports progress in talks with auto workers
DETROIT (AP) — Stellantis is reporting progress in talks with the United Auto Workers union with just three days left before…
China exports decline slower than expected in August
HONG KONG (AP) — China's exports declined at a slower pace in August, even as the world's second-biggest economy remains under…
BofC holds key rate steady at five per cent
OTTAWA — The Bank of Canada held its key interest rate steady at five per cent on Wednesday, deciding against another rate hike as…
South Korean firm opening copper foil plant in Quebec for use in electric vehicles
GRANBY, Que. — A new player has entered Quebec's electric vehicle battery sector, with a South Korean firm announcing it will open…
Shift to EVs a key issue for bargaining auto workers
Unifor autoworkers at Stellantis, General Motors and Ford are poised to strike over wages, pensions and support for the transition…
Hyundai and LG to invest US$2 billion into battery making
SAVANNAH, Ga. (AP) — Hyundai Motor Group and LG Energy Solution said they will spend an additional $2 billion and hire an extra…
Unifor targets Ford Motors as lead company in auto contract talks
TORONTO — Unifor has picked Ford Motor Co. as the lead company for negotiations with the Detroit Three automakers as it works to…