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Canadian economy shifting to a lower gear in 2018

The pace of growth is expected to continue this year, with the economy forecast to expand by a more sustainable 1.9 per cent, down from 3.0 per cent in 2017, according to The Conference Board of Canada.

U.S. trade battle with China can favour Canadian retailers

U.S. President Donald Trump’s plan to impose tariffs on up to US$60 billion of Chinese imports could help Canadian retailers by further easing cross-border shopping, even though a full-fledged trade war between the world’s two economic superpowers would damage Canada’s economy, experts say.

Trump adds pressure for NAFTA deal – Canadian tariff exemptions get a deadline

The United States has applied additional pressure in its rush to get a new NAFTA agreement within several weeks, establishing a May 1 deadline, after which Canada and Mexico would face tariffs on steel and aluminum.

Magna International partnering with Lyft on self-driving vehicle systems

Auto parts manufacturer Magna International says it has struck a multi-year collaboration with rideshare company Lyft to jointly fund, develop and manufacture self-driving systems at scale.

Manufacturing 4.0 leaders will be honoured at the Manufacturing Leadership Summit

Frost & Sullivan’s Manufacturing Leadership (ML) Council announces the world-class manufacturing companies and individual leaders set to receive recognition as winners of the 2018 Manufacturing Leadership Awards.

New cargo delivery drone designed for bulk shipments

Drone Delivery Canada announced that it has commenced development of its newest cargo delivery drone, “The Condor,” with a lifting capability estimated at 400 pounds of payload.
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Variable speed generator powers remote northern community

Northwest Territories Power Corporation (NTPC) went live with Innovus Power’s Variable Speed Generator (VSG) Project in Aklavik Northwest Territories, on January 28, 2018. The remote northern community’s more than 300 households are now being powered with Innovus’ 590kW converter-based VSG platform, which is expected to save the community an estimated 80,000 litres of fuel per year. » Read More

CanWEA Spring Forum 2018

Date: April 10 – 11, 2018
Location: Calgary
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Operational Excellence in Energy, Chemicals & Resources

Date: June 4 - 6, 2018
Location: Calgary, Alberta
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MainTrain 2018

Date: September 24 - 27, 2018
Location: Ottawa, Ontario
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