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Ontario expects $1.3B deficit, to post surplus in a year

In the fiscal year starting next month, Ontario expects to run a $1.3-billion deficit, before eking out a small surplus of $200 million in 2024-25, followed by a $4.4-billion surplus the following fiscal year.

Saskatchewan government expected to announce surplus budget as funding needs loom

The Saskatchewan Party government is to introduce its 2023-24 budget Wednesday, revealing plans the finance minister says will address cost-of-living and health-care pressures.

Bombardier bumps up financial goals for 2025 as business jet market takes off

The global business jet market is expected to grow to US$23.7 billion by 2028 from US$18.4 billion last year, according to a new report from market research firm IMARC Group.

 
SPONSORED SPOTLIGHT 
 
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The Art and Science of Communicating with the Hourly Manufacturing Workforce

Clear, timely, and meaningful communication can impact productivity, safety, teamwork, conflict resolution, and engagement. Conversely, poor communication can be costly — resulting in lower productivity, quality issues, and customer dissatisfaction. In manufacturing, where hourly workers account for 78% of the workforce on average, communication is especially challenging. They may not have a company email address or ready access to a computer at work. This can make it challenging to engage in timely, ongoing communication with employees and foster a sense of community that drives engagement and loyalty. Discover the top barriers to effective communication, and how to overcome them.
» Get a copy
 
MANUFACTURING IN FOCUS 
 
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Ontario budget must address health care crisis and build support for workers and critical industries, says Unifor

Unifor's analysis of recent Ontario government spending reveals a government that is squandering windfall tax revenue and, according to the Financial Accountability Office, not spending enough to meet the government's own health care programming goals. » Read More...
 
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UP Vertical Farms commences operations at Canada's first hands-free vertical farm

UP's pesticide-free green salads will be in stores this spring. » Read More...
 
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OPG joins international group to advance nuclear

OPG joins international group to advance new nuclear. » Read More...
 
 
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MANUFACTURING IN-DEPTH 
 
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Field Notes: ProMat 2023 returns, manufacturers hoping to stand out

The event features exhibits from more than 1,000 global manufacturers and supply chain companies, across 560,000 square feet, which is much larger than any previous in-person iteration. » Read More...

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What are the best ways to reduce food processing waste in manufacturing?

Food manufacturers can communicate with supply chains to see what communities or sectors could use leftovers. » Read More...

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Getting a fuller picture of poverty in Canada: why the government’s official poverty measure is insufficient

Increases in wages and earnings only partially make up for lost purchasing power. Those working in lower paying industries are less likely to see their wages rise. » Read More...

 
PLANT 
 

The USMCA’s self destruct button: review clause conjures fears of 2018 all over again

The U.S. remains unhappy with how Canada has allocated the quotas that give American dairy producers access to markets north of the border. » Read More...

Ontario to include new 10 per cent income tax credit for manufacturing

Ontario manufacturers would be able to get up to $2 million a year through a new tax credit the government is proposing in its upcoming budget. » Read More...