Bombardier's combined services and defence segments accounted for 35 per cent of its total revenue last year, Demosky said, up about five per cent year-over-year.
Chorus entered into an agreement to acquire Kadex for total consideration of approximately $50 million, subject to customary adjustments inclusive of contingent consideration.
Earlier this week, Air Canada announced it's ordering eight Airbus A350-1000 wide-body aircraft as the airline plans to expand its non-stop flights from Canada to the Indian subcontinent, Southeast Asia and Australia.
The report suggests Canada has moved away from its climate goals thanks to "a slackening of policy effort over the past year, marked by the removal or weakening of climate policies across the country."
CTK Bio stated that it is advancing the technology toward scale-up and engagement with industry partners as part of its broader strategy to commercialize the product.
Both companies service manufacturers in Canada, and Ficodis is also now focused on acquiring manufacturing equipment to be able to better respond to the specialized needs of its clients.
B3 Systems is an agentic AI company based in Toronto, Ontario, trying to arm factories with specialized AI agents that work alongside people to monitor factories around the clock, triaging issues and recommending clear line-level...
Co-Founder and CEO Evelyn Allen sits down with Canadian Manufacturing to speak about the new advanced manufacturer Evercloak Inc. and the work they are doing in the HVAC industry with their nano-films.