A recent survey by the Canadian Federation of Independent Business found that two-thirds of small businesses would consider using COVID-19 rapid tests to remain open.
The new facility is intended to meet growing demand for flu vaccines, boost Canada’s preparedness for future pandemics, and will create 300 jobs.
The projects will help position the province as a hub for building cars of the future.
Among other things, the budget offers a second round of grants – ranging between $10,000 and $20,000 – to small businesses hit hard by the pandemic, and has set aside $1.7 billion for the program.
Invest Ontario will advise on key opportunities to spur Ontario’s economic recovery and growth in an increasingly competitive global marketplace.
Operations at U.S. Gulf Coast petrochemical facilities have yet to fully recover one month after freezing temperatures triggered widespread power outages and plant shutdowns.
The packaging sector has huge impact on Canada’s economic future. And with new competitors emerging and turning to advanced technologies to gain a competitive edge, small, incremental investments can make all the difference.
The Ottawa-based association is calling for extra funding for its Women in Manufacturing program, tax incentives to help employers to create childcare options, and additional money to help retrain women for jobs in manufacturing.
An improving domestic demand picture, greater purchasing activity, and a sustained period of employment suggests firms expect greater output in the months ahead, the report from IHS Markit said.
Energy buyers are tasked with helping their organizations lower costs and manage cost uncertainty on the energy they need to operate. Energy price hedging is an important tool for accomplishing that goal.
Canada and Mexico remained the top export markets for U.S. equipment suppliers in the fourth quarter, the report from the Plastics Industry Association said.
The $115-million fund, which will support workers and apprentices, is designed to address the challenges brought on by COVID-19.
The Flexible Packaging Europe association blames force majeure declarations, maintenance announcements, and price increases by European polymer manufacturers for creating sudden and significant shortages.
The survey conducted by several industry associations indicates more than two-thirds of respondents have lost business amounting to tens of millions of dollars due to issues at the Canada-U.S. border.
The executive order disrupts existing Ontario-U.S. cross-border supply chains and erodes long-standing relationships, according to Vic Fedeli, Ontario’s Minister of Economic Development, Job Creation and Trade.
Manufacturing sales fell in November for the first time in three months, and sales were down in 5 of 21 industries, driven mainly by the aerospace product and parts, motor vehicle, and motor vehicle parts industries.
Canadian manufacturers reported an overall improvement in business conditions during December, according to a new report from IHS Markit Canada.
This funding is being provided through the redesigned Second Career grant program and will help more than 2,750 job seekers with up to $28,000 for tuition, training materials, and living expenses.
Manufacturing sales grew to $54.1 billion led by the paper, petroleum, and coal industries, and with 2.2% growth for plastic and rubber product manufacturers.
On a year-over-year basis, sales were in positive territory for a second consecutive month since the pandemic struck, Scotiabank’s latest Global Auto Report says.
But the majority (75%) of business owners remain optimistic they will rebound once the pandemic subsides, the poll also found.
As part of this increase, the chemical industry rose 6.7 per cent to $4.5 billion, the agency said.
The program an emergency wage subsidy provided to eligible small and medium-sized firms on a priority basis.
The global polyolefins market is expected to decline in 2020 due to weaker end-market demand, analytics firm GlobalData says, but there will be strong gains in these other sectors.
The guide is designed to make it easier for shoppers to find made-in-Ontario products, while supporting local businesses and manufacturers.
The annual Hays Salary Guide shows employer optimism is countered by employee isolation, loneliness, and a decline in well-being.
GDP increased by an annualized rate of 33.1 per cent during the third quarter, the U.S. Commerce Department reported, compared to the second quarter’s annualized rate of 31.4 per cent contraction.
Mexico and Canada remain the U.S. plastics industry’s largest export markets, the new report from the Plastics Industry Association says.
The report from RSM Canada concludes that no matter the outcome of the U.S. presidential election, Canada’s recovery from wave two of the coronavirus pandemic and its longer-term outlook will be impacted.
Ten key issues to watch, according to global energy consultancy group Wood Mackenzie.
Forty per cent of small business owners are either “very” or “extremely” optimistic about the future of their business, Scotiabank said.
The plastics industry is a key part of the American economy, the report from Plastics Industry Association said, accounting for an estimated $432 billion in shipments and over a million workers in 2019.