The Bank of Canada has raised its benchmark interest rate 25 basis points to 4.75 per cent, taking it to its highest level since 2001 ... Show more
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| Last Updated | Jun 07 23 |
| Total Articles | 1 |
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Honda will build electric vehicles and their parts in Ontario with financial support from the Canadian and provincial governments under a plan to be announced ...
reut.rs/3Jtd1yn
Quick Glance: Honda's Major Investment in Electric Vehicle Factory in Ontario
- According to sources from federal and provincial government levels, Honda is planning to establish a significant new electric vehicle facility in Ontario.
- The forthcoming announcement of the agreement is expected to take place at Honda's facility in Alliston, where plans for a comprehensive project to manufacture electric vehicles, batteries, and components will be revealed.
- Honda's investment in Alliston is projected to surpass the existing major projects in the electric vehicle production sector in Ontario.
- The disclosure of the agreement with Honda is seen as a significant step in the government's efforts to attract companies for establishment in Canada within the emerging electric vehicle industry.
Cuba apologizes to Canada for delivering wrong body to grieving family: Cuba apologized to Canada on Wednesday after authorities accidentally delivered the ...
reuters.com/world/americas/cuba-apologizes-canada-delivering-wrong-body-grieving-family-2024-04-24/
First Quantum Minerals cuts debt by over $1 bln in first quarter: Canadian miner First Quantum Minerals said on Tuesday that it has cut its debt by $1 ...
reuters.com/markets/commodities/first-quantum-minerals-cuts-debt-by-over-1-bln-first-quarter-2024-04-23/
Quick Glance: First Quantum Minerals Reduces Debt by Over $1 Bln in First Quarter
- Canadian mining company First Quantum Minerals announced a $1.14 billion debt reduction in the first quarter.
- With a series of capital restructuring measures, the company aims to strengthen its balance sheet and cut debt to achieve operational goals.
- The company's total debt as of March 31 is $5.99 billion, down from the previous $7.38 billion.
- Despite a $159 million net loss due to the closure of the Cobre Panama mine, the company posted a $75 million profit in the year-ago quarter.
Shortages key to copper's upward price trajectory to new peaks: Upward momentum that has propelled copper prices to within a whisker of the psychological $10 ...
reuters.com/markets/commodities/shortages-key-coppers-upward-price-trajectory-new-peaks-2024-04-23/
Bunge-Viterra agriculture merger runs into Canada competition concerns: Canada's Competition Bureau on Tuesday said it found major competition concerns around U ...
reuters.com/markets/deals/canadian-competition-bureau-has-major-concerns-about-proposed-bunge-viterra-2024-04-23/
Venice introduces first payment charge for tourists: The Italian city became the first in the world on April 25 to introduce a payment system for tourists in an ...
theglobeandmail.com/world/video-venice-introduces-first-payment-charge-for-tourists/
Canada's Rogers profit takes hit from higher costs related to Shaw acquisition: Rogers Communications posted a drop in first-quarter profit on Wednesday ...
reuters.com/business/media-telecom/canadas-rogers-communications-tops-quarterly-subscriber-additions-estimate-2024-04-24/
Canada's TC Energy says NGTL pipeline system resumes normal operations after fire
reuters.com/business/energy/canadas-tc-energy-says-ngtl-pipeline-system-resumes-normal-operations-after-fire-2024-04-22/
Céline Dion Reveals 'Huge' Wedding Injury That Required Medical Attention: The French-Canadian singer married the late René Angélil while wearing an elaborate ...
huffpost.com/entry/celine-dion-reveals-wedding-injury-tiara_n_662baa72e4b0bd041d777fa2
Airbus granted reprieve from Canadian sanctions on Russian titanium, sources say: Source says it came to Ottawa’s attention there were unforeseen effects of the ...
theglobeandmail.com/politics/article-airbus-granted-reprieve-from-canadian-sanctions-on-russian-titanium/
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500 Newfoundlanders went on same cruise by coincidence: The residents of the Atlantic Canadian province chased the same good deal online without prior planning.
bbc.co.uk/news/av/world-us-canada-68860064
Is Tim Hortons behind the next great Canadian musical? The coffee chain is stepping into showbiz with a timbit-inspired production with Broadway stars
thestar.com/entertainment/stage/is-tim-hortons-behind-the-next-great-canadian-musical-the-coffee-chain-is-stepping-into/article_11fd6e20-030f-11ef-aa37-fb3d85d47212.html
Paid articlePaid Why the rise in shoplifting? Blame our addiction to online shopping: Shoplifting has surged to an alarming level across Canada, industry insiders say
theglobeandmail.com/business/commentary/article-why-the-rise-in-shoplifting-blame-our-addiction-to-online-shopping/
Paid articlePaid Canada's capital gains tax rise will further knock productivity, say economists: Canada's plan to raise taxes on the savings of wealthy people and corporations ...
reuters.com/world/americas/canadas-capital-gains-tax-rise-will-further-knock-productivity-say-economists-2024-04-18/
Cadence Weapon, whose new album arrives Friday, has carved out his own niche in Canadian hip-hop — ‘I’m not trendy. I’m the opposite’
thestar.com/entertainment/music/cadence-weapon-whose-new-album-arrives-friday-has-carved-out-his-own-niche-in-canadian/article_c9da643e-fe74-11ee-8626-0769027b0451.html
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Honda eyes $11 bil. investment to build new EV factories in Canada - The Mainichi
mainichi.jp/english/articles/20240426/p2g/00m/0bu/002000c
Quick Glance: Honda to Establish $11 Bln EV, Battery Plants in Canada
- Honda plans to invest C$15 billion in new EV and battery production plants in Ontario alongside existing facilities to support the growth of North American demand for EVs.
- Production is set to start by 2028, with an annual capacity of up to 240,000 EVs and 36 gigawatt-hours for batteries to achieve the goal of having all North American sales from Honda be either EVs or fuel cell vehicles by 2040.
- The Canadian government and Ontario province intend to support Honda with around C$5 billion, with Honda contributing 60%-70% of the total investment to reduce costs by more than 20%.
- Honda will also collaborate with companies like Asahi Kasei and POSCO to further lower production costs and strengthen the EV supply chain in Canada, leading to an increase in jobs and economic growth.
Honda Announced a Blockbuster Investment in Canadian EV Production Facilities: Like Toyota, Honda has been slower than most to jump into the EV pool with both ...
thetruthaboutcars.com/cars/news-blog/honda-announced-a-blockbuster-investment-in-canadian-ev-production-facilities-44506588
International Insider: ‘Baby Reindeer’s Unexpected Rise; Canadian Strike Nears; Bollywood & Politics
deadline.com/2024/04/international-insider-baby-reindeer-canada-writers-strike-1235895988/
IBM to Expand Canadian Semiconductor Packaging and Testing Plant: International Business Machines Corp. will expand its Canadian semiconductor packaging and ...
bloomberg.com/news/articles/2024-04-26/ibm-plots-730-million-expansion-of-canadian-semiconductor-site
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Ray-Ban Meta Smart Glasses Now Offer Multimodal AI Assistant: Here's What to Know
techtimes.com/articles/303918/20240423/ray-ban-meta-smart-glasses-now-offer-multimodal-ai-assistant.htm
Sanctuary’s new humanoid robot learns faster and costs less: Sanctuary AI often isn’t mentioned in the same breath as humanoid robotics firms like Boston ...
techcrunch.com/2024/04/25/sanctuarys-new-humanoid-robot-learns-faster-and-costs-less/
Google Pixel 8a retail listing suggests a bump in pricing could be in the cards: The upcoming Pixel 8a has been rumored to be pricier than the predecessor model; ...
androidcentral.com/phones/google-pixel-8a-spotted-in-canadian-retail-listing
Control of Fiera Is Thrown Into Doubt as Desjardins Group Plans Sale: One the largest shareholders in Canadian fund manager Fiera Capital Corp. wants out ...
bloomberg.com/news/articles/2024-04-24/control-of-fiera-is-thrown-into-doubt-as-desjardins-group-plans-sale
Paid articlePaid Gildan Taps Ex-Goldman Exec as Chair in Last Stand Against Activist Investor: Canadian clothing manufacturer Gildan Activewear Inc. said several directors will ...
bloomberg.com/news/articles/2024-04-22/gildan-taps-ex-goldman-exec-as-chair-in-last-stand-against-activist-investor
Germany's Struff stuns defending champion Rune to reach Munich final ｜ DPA: Two-time BMW Open defending champion Holger Rune was stunned by home hope ...
nordot.app/1154439169510474668
Quick Glance: Struff wins first Tour title in Munich: Tournament overview
- Jan-Lennard Struff secures his first Tour title in Munich against Taylor Fritz.
- Struff took on the role of the German frontman after Zverev's exit.
- He bravely played through the weather challenges without complaining.
- The BMW Open will be upgraded in 2025, major changes are on the horizon.
In Molson’s Feel-Good Summer Campaign, Backyards Are a State of Mind: The Canadian brewer aims to broaden its appeal and change the image of beer drinkers.
adweek.com/creativity/molson-backyard-summer-ad-beer-drinkers/
Instead of destroying nearly 100,000 old iPhones, Canadian company sold them in China | NEWS.am TECH - Innovations and science
tech.news.am/eng/news/3340/instead-of-destroying-nearly-100000-old-iphones-canadian-company-sold-them-in-china.html
Canadian Cap on Overdraft Fees Poised to Dent Banks’ Revenue: A proposal included in Canada’s federal budget this week promises to rein in the fees banks charge ...
bloomberg.com/news/articles/2024-04-18/cap-on-overdraft-fees-poised-to-dent-revenue-at-canadian-banks
Lights, camera, algorithm: How artificial intelligence is being used to make films
thenationalnews.com/future/technology/2024/04/19/lights-camera-algorithm-how-artificial-intelligence-is-being-used-to-make-films/
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