BoC statement on economy
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TOP STORIES

Economic uncertainty must not become market instability: Macklem

Macklem said geopolitical risks are high right now, compounded by trade uncertainty and risks around the rapid rise of artificial intelligence.

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CFIB data shows half of Cdn. small businesses no longer feel the U.S. is a reliable trading partner

CFIB research also found that few small businesses are accessing the federal Regional Tariff Response Initiative (RTRI).

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SGS and Exterra Technologies announce strategic collaboration

Additionally, Tim Hodgson, Minister of Energy and Natural Resources of Canada, announced Exterra's entering into a contribution agreement of $5 million with Natural Resources Canada.

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TKMS and CAE sign teaming agreement to support Canada's submarine program

The parties will jointly explore, develop and implement training and simulation solutions for the Canadian Patrol Submarine Project (CPSP).

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MANUFACTURING IN FOCUS

Federal government announces over $3.6M for two B.C.-based businesses

As part of this investment, the Selkirk Technology Access Centre (STAC) is receiving an investment of over $1.6 million to expand its advanced manufacturing services and build new capacity in particle accelerator and ion source...

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Kraken Robotics to acquire Covelya Group for $615M

The company will have over 450,000 square feet of production capacity globally, and approximately 1,200 employees, including 790 technical staff, comprised of engineers, scientists and technical sales.

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MANUFACTURING IN-DEPTH

New podcast: Protocase’s Doug Milburn joins to talk AI’s impact on the mfg. industry and tariffs

Headquartered in Sydney, N.S., Protocase manufactures custom sheet metal parts, including as brackets, plates, frames, arms, bus bars and fixtures.

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Speakers announced for Advance: Women in Manufacturing – Keys to Success

This panel discussion will bring together executives from the food, safety apparel, petrochemical and advanced manufacturing technology sectors.

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Sovereign manufacturing support - Retooling in uncertain times

While there are tectonic economic shifts happening among Canadian industries, there are also great opportunities in the upheaval.

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Podcast
From the vault...

According to the accounting company's research, manufacturers of the mid-market struggle more than their counterparts when it comes to finding and retaining talent.

Mid-market manufacturers geared to strengthen supply chains despite pandemic, BDO report

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Currently, Prevu3D is involved in the food manufacturing space, helping manufacturers such as Agropur and Saputo reshore their operations from abroad.

Thinking about reshoring? 3D scanning and digital twins can help

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