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The company is cutting shifts due to updated demand forecasts and the evolving trade environment.
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Tariffs are expected to add about $250 million in costs for the auto-parts giant this year.
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It’s here! Canada’s only national industry report on the advanced manufacturing sector. Brought to you by Plant and Canadian Manufacturing Online (CMO), this annual report reveals where Canadian manufacturers stand with respect to the kinds of creations, challenges and future developments they are focused on and plan to pay attention to throughout 2025 and beyond.
» Download report today
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As part of its plans, GM says it intends to reduce Oshawa truck exports to the U.S. and recalibrate the plant for Canadian sales, starting in the fall.
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AIR's platform reportedly enables the incorporation of AI capabilities into training and learning.
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Supply chain diversification is vital to maintaining production without delays amid a trade war.
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Canadian manufacturers don’t know what to expect day to day, delaying capital investments as they call on the federal government for assistance in opening up new trade corridors, reducing interprovincial trade barriers, or changes to the reciprocal tariffs that will target the U.S.
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Fire continues to be the gateway to nanotechnologies for use in cancer treatments, diabetes and other metabolic diseases.
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According to AssetWatch, the funding will be used to expand the company's AI-powered platform capabilities, accelerate international market initiatives and strengthen its position in the industry.
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The acquisition gets Capital Power a foothold in what's known as the Pennsylvania-New Jersey-Maryland Interconnection market, which it says is the largest and most attractive market in North America.
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