15 result(s) for “Manufacturing”
Canada and the European Union launched an "Alliance for the Future" aimed at deepening trade, research and critical-technology ties. The deal opens new market, financing and infrastructure pathways for Canadian firms, while reshaping Ottawa’s economic strategy amid strained relations with the United States.
A dispute between Canada and the U.S. owner of Stelco has escalated into a formal compliance fight under the Investment Canada Act, after Cleveland-Cliffs told Ottawa it is meeting its commitments while the industry minister demands a concrete plan to return laid-off workers.
More than 1,200 unionized workers at Teck Resources’ Highland Valley Copper mine began strike action on October 24, 2026, forcing the mine to operate at reduced capacity. The stoppage threatens near-term copper output from Canada’s largest open pit copper operation, with implications for regional employment, Teck’s near-term production guidance, and supply for industries tied to the energy transition.
Prime Minister Mark Carney on October 23, 2026 announced a Canada - Türkiye Strategic Partnership and the start of free trade negotiations, a move Ottawa says will reduce reliance on the United States while opening new markets for Canadian industry. The pact pairs trade and defence cooperation with a three year action plan, but it also raises tensions over human rights and geopolitical balancing.
Canada on October 22, 2026 issued a formal 15 day demand to Cleveland-Cliffs over planned layoffs at Stelco in Hamilton, warning sanctions up to forced divestiture under the Investment Canada Act as Ottawa weighs options to protect jobs as U.S. tariffs squeeze the domestic steel market.
The federal government announced funding to expand Xona Space Systems Canada in Montreal, aiming to strengthen Canada’s positioning, navigation and timing capabilities, create skilled jobs and bolster the domestic defence and space supply chain.
Industry Minister Mélanie Joly warned that Ottawa could force the sale of Stelco’s Canadian operations if planned layoffs are not rescinded, raising the prospect of a legal and political showdown over foreign ownership and job commitments.
Foreign Minister Anita Anand told reporters in New Delhi on October 14, 2026 that Ottawa is racing to finalise a Comprehensive Economic Partnership Agreement with India before the end of the year, part of a broader strategy to lessen Canada’s reliance on the United States and deepen ties with non US partners.
Stelco has begun issuing layoff notices at its Hamilton steelworks even after the federal industry minister gave the company five business days to present a compliance plan under the Investment Canada Act. The dispute raises fresh questions about foreign ownership, trade policy and enforcement tools for protecting Canadian jobs.
The federal government is advancing legislation to convert the Defence Investment Agency into a Crown corporation, a change Ottawa says could speed military buys and expand domestic defence production. Industry leaders warn the move could ease procurement but raise new questions about oversight and transparency.
A busy week for Canada’s economy starts Monday with Quebec’s provincial election and builds toward key statistics and corporate results that could shape markets and policy. Analysts will be watching trade figures, an industry aviation conference, Aritzia’s quarterly report and Statistics Canada’s September jobs release.
With the federal government fast tracking the Pacific Link pipeline, Canadian oil producers and contractors are preparing for major capital bills to expand output and transport capacity. Analysts warn the move will push spending into the tens of billions and reshape regional labour markets and provincial finances.
MediaTek has launched the Dimensity 9600 Pro, built using TSMC's advanced 2-nanometre technology, as chipmakers race to bring faster generative AI processing directly onto premium smartphones.
The Bank of Japan has raised its policy rate to 1.25%, its highest level in 31 years, as inflation risks increase. Yet the yen weakened after the decision, highlighting uncertainty over how quickly Japan will continue tightening monetary policy.
Toyota estimates it could spend around $6.4 billion annually from 2028 to modernise factories, accelerating automation and robotics as the global auto industry confronts labour shortages, ageing plants and rising manufacturing costs.