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Canadian business, except energy, had profitable Q4: Statistics Canada

Most of Canada’s businesses reported a profitable fourth quarter in 2012, with total corporate operating profits of $72.5 billion, up 1.4 per cent from the previous quarter, Statistics Canada reported...

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Inter Pipeline will spend $2.6 billion to transport bitumen to oil sands...

Petroleum transportation and storage company Inter Pipeline Fund of Calgary has finalized agreements with the FCCL Partnership to  provide transportation of bitumen blend and diluent to three major oil...

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Canada’s oil industry facing labour shortage: survey

Employers in Canada’s oil and gas companies share one concern with their global counterparts: skill shortages in the industry. A report from a worldwide recruiting agency says that skills shortages and...

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North American oil and gas industry has trouble finding workers

The US oil and gas industry will be hiring in the coming months a new survey shows, with engineers at the top of the list of sought-after workers. Rigzone, a news, research and recruitment resource for...

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Ontario’s manufacturing output “robust” in May: RBC

Canadian manufacturing, especially in Ontario, returned to growth in May after three months of contraction, the RBC Canadian Manufacturing Purchasing Managers’ Index (PMI) reports. The Index rose from...

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Manufacturing sector faced difficult conditions in September: survey

The RBC PMI monthly survey of Canada’s manufacturers shows that business conditions deteriorated in September to their lowest level in five years. Output, new business and employment levels all fell,...

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Strong auto exports highlight industry’s importance, vulnerability to TPP

No doubt it is mere coincidence that the day after the giant Trans-Pacific Partnership (TPP) deal was signed in Atlanta, a far-reaching trade deal that many fear will further gut Canada’s auto sector,...

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Canada’s economy grew in Q4, manufacturing up in December

Despite the ongoing oil slump, lower domestic demand and lower exports, Canada’s economy grew at an annualized rate of 0.8 per cent in the fourth quarter of 2015, Statistics Canada reports. This is a...

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Modest business growth forecast as manufacturing slows in June

A drop in orders for new manufactured goods, coinciding with the suspension of production activity in the Alberta oilsands, has resulted in a slight drop in the RBC Canadian manufacturing Purchasing...

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Strong manufacturing rebound in February led by energy sector

Manufacturers in Canada took orders, bought raw materials and raised production levels in February at the fastest rate in more than two years. The robust and accelerated growth contributed to a...

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