Category
Economy
Ontario investing more than $1.7 million in Southwestern Ontario-area manufacturers
The investments, made through the Regional Development Program, will help create 167 jobs.
Ontario releases ‘Build Ontario’ economic plan
The plan details steps for building critical infrastructure, attracting increased investment, and strengthening auto manufacturing and other industries.
Canadians will maintain pandemic money-spending habits, survey says
The new survey from Scotiabank shows that nearly two out of three Canadians say they do not plan to return to their pre-pandemic spending habits, while half say they plan to cut back.
How to make fragile global supply chains stronger and more sustainable
The world needs robust supply chains that are founded on sustainability, collaboration, trust, transparency, visibility and diversification of supply.
Cyber security tops concerns among Canadian small business owners: poll
Forty per cent of small businesses identified that having devices infected by a virus or malware is now perceived as their biggest threat, the new RBC poll shows.
Canada had $1.9 billion merchandise trade surplus for August, StatCan says
The result compared with a trade surplus of $736 million in July.
U.S. plastics industry trade improves in 2021 after 2020 pandemic slump, report says
The Plastics Industry Association report said that Mexico and Canada remained the U.S. plastics industry’s largest export markets.
Canadian small- and medium-sized businesses confident of economic rebound and future growth: KPMG
The latest KPMG Business Outlook Poll finds digital investments as key to growth, but challenges finding tech talent and supply chain risks could hold them back.
Ontario providing $83 million towards Skills Development Fund
The provincial government is also expanding the eligibility to allow an even wider range of organizations to apply.
Plastic resin emerges as tiniest example of enduring COVID-19 supply chain crunch
Industry experts say the ongoing shortage of the ubiquitous material is unlikely to be resolved quickly, and that plastic resin price hikes are trickling down to consumer goods and adding to inflation.
Canadian CEOs see M&A as key to driving growth, KPMG surveys say
The vast majority of CEOs at Canada’s biggest corporations, and almost half of SMEs, are bullish about mergers and acquisitions, the surveys find.
Report indicates continued U.S. plastics industry growth in 2021
Real plastics industry shipments are expected to increase 2.2 per cent this year following a 0.9 per cent decrease last year, according to the Plastics Industry Association’s latest Size & Impact report.
Manufacturing sales fell 1.5 per cent in July, StatCan says
But sales of plastic and rubber machinery rose in July.
Global plastic compounding market will reach $93.1 billion by 2028: report
Rapidly developing construction and automobile sectors are anticipated to drive the demand for interiors, exteriors, and under-the-hood components, the report from Research & Markets said.
North American machinery shipments slowed in the second quarter
While new orders of plastics equipment have been increasing, ongoing supply chain issues are causing longer order-to-delivery timelines, a new report from the Plastics Industry Association says.
As people continue working from home, the monthly transit pass needs to change to remain worth it
The pandemic has been long enough for habits to have changed; avoiding public transit, using a car and working from home are likely to stick.
Ontario to require proof of vaccination in select settings
As of Sep. 22, Ontarians will need to be fully vaccinated and provide proof, along with photo ID, to access certain businesses, public settings and facilities.
Nearly 70 per cent of Canadian businesses struggling to find skilled talent
This inability to find or retain talent was identified as the number one threat to their growth prospects, a new survey by KPMG in Canada shows.
Manufacturers call for a concrete plan on economic recovery, CME says
CME has unveiled a platform for the 2021 federal election that aims to drive further growth in the Canadian manufacturing sector.
Small businesses continue to struggle with debt, CFIB says
Canadian businesses that have taken on COVID-related debt owe an average of nearly $170,000, according to a new CFIB report.
What mining, oil and gas industries can learn from Sudbury, the city that went from major polluter to thriving environment
Sudbury offers proof that a healthy environment doesn’t have to come at the expense of industrial activity.
CME urges four-part national strategy to revitalize Canadian manufacturing sector
The four-part program is part of CME’s platform for the 2021 federal election.
Global EV sales to reach 5.3 million units in 2021: Frost & Sullivan
Intensifying electrification and fuel economy targets are set to propel EV market growth, according to a new Frost & Sullivan report.
Manufacturing sales rose in June, StatCan says
Following two consecutive monthly declines, manufacturing sales rose 2.1 per cent to $59.2 billion.
The economy and small business recovery are the top election issues for businesses, survey says
But less than a quarter of respondents are confident that their concerns will receive enough attention.
Export Development Canada commits to net zero by 2050
The Crown corporation’s plan includes interim reduction targets for the six most carbon intensive sectors for 2023 and 2030.
Ontario updates skills training program for laid-off workers
Changes to the Second Career program include expediting the application process and increasing weekly basic living supports for rent, mortgage, and other expenses.
Manufacturing sales fell 0.6 per cent in May, StatCan says
The machinery, chemical, and fabricated metal industries were mainly responsible for the decline.
43 per cent of Canadian companies plan to add new positions in the second half of 2021
Another 54 per cent plan to fill vacated positions or bring back temporarily laid off employees, a new survey shows.
Canadians reject Liberals plan to “reimagine” manufacturing, jobs, and waste management, survey says
The majority of Canadians support local decision-making over centralization of power in Ottawa, a survey conducted by manufacturing groups has found.
Ontario moving to step three of reopening on July 16
Step three of the roadmap focuses on the resumption of additional indoor services with larger numbers of people and restrictions in place.
Manufacturing industry continues to lose millions due to border issues, survey says
Sixty-nine per cent of respondents have experienced loss of contracts due to border issues.
