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Purchasing managers report production gains in motor vehicles and electronics

U.S. factory output edged up a slight 0.1 per cent in March, as strong production gains in motor vehicles and electronics were partially offset by declines in food and textiles.

IMF: A major trade rift could imperil solid global economy

The International Monetary Fund warned Tuesday that rising trade tensions between the United States and China risk undermining a global economy that the IMF believes should otherwise grow solidly this year.

Manufacturing sector sales grew in February

Statistics Canada says manufacturing sales grew 1.9 per cent to $55.8 billion in February, boosted by the transportation equipment industry.

Bank of Canada holds benchmark interest rate as economic growth moderates

The central bank said slower first-quarter growth of about 1.3 per cent was largely a result of housing markets’ responses to stricter mortgage rules and sluggish exports.

Innovative manufacturer Verbom increases productivity

The governments of Canada and Quebec have granted nearly $11 million in financial contributions to Verbom to support an investment project at its sheet metal processing plant in Sherbrooke.

New auto rules will be the ‘core’ of future NAFTA deal, Freeland predicts

New automotive rules will be the centrepiece of a new NAFTA agreement, Foreign Affairs Minister Chrystia Freeland said Thursday during a round of negotiations she characterized as being focused on cars.
Food & Bev

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Outlook for lubricant suppliers is ‘cautiously optimistic’

Operators in the industrial oil lubricants market have experienced its share of wear and tear in recent years, but with signs of a brightening economic forecast, firms may need to optimize in the coming years. Jay Schippanoski, general manager, regional sales, Shell Canada Products provides insights into B2B lubricant markets. » Read More

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