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FEATURED NEWS: Liberals pay $33 million to stay in F 35 program, but may not buy any planes |
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The Ontario government has pledged $130 billion on infrastructure investment over 10 years, while the federal government may be earmarking about $46 billion for Ontario. But what factors will influence how effective infrastructure decisions are made?
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Japanese auto-parts manufacturer Nishikawa Rubber Co. has agreed to plead guilty and pay a US$130-million fine for its role in an international bid-rigging scheme that affected car sales in Canada and the U.S.
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The latest data from Statistics Canada reveal shipments of railcars filled with fuel and crude oil have dropped every month since January, both compared with the previous month and the same month the year before.
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Boeing, absorbing billions in write-downs related to two of its newest commercial jets and a military fuel tanker, reported its first quarterly loss in nearly seven years.
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Alberta Innovates Bio Solutions (AI Bio) has approved nearly $13 million in funding for 61 projects by researchers and companies. The grants are for the development of new industrial bioproducts or technologies using Alberta agriculture and forestry byproducts or other biomass.
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Canada has so far forked over more than $311 million to develop the F-35 – without any guarantee it will actually buy the multibillion-dollar stealth fighter. The most recent instalment was made June 24, when the Liberal government quietly paid $32.9 million to the U.S. program office overseeing development of the warplane, despite having promised during last year’s election campaign not to buy the F-35. The contribution keeps Canada at the table as one of the nine partners in the project for the next year. Partners get a discount when purchasing the stealth fighter, and have access to billions of dollars in contracts associated with producing the plane.
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Date: September 19 - 22, 2016
Location: Toronto
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Date: September 26 - 28, 2016
Location: Toronto
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Date: October 1 - 7, 2016
Location: Niagara Falls, ON
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Date: November 13 - 15, 2016
Location: Chicago, IL
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