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All news articles by Steve Coleman

GM plans $8.8 million investment in St. Catharines
January 31, 2012
General Motors of Canada will be putting 42 employees back on the assembly line at the St. Catharines Powertrain Facility to work on the work on th...

Canada lags in innovation
January 31, 2012
While Canada placed 11th in a 142-country survey of innovation performance, the country's score could have been higher had some business leaders sh...

Mexico settles in as Canada's third-largest trading partner
January 31, 2012
When it comes to international trade, Mexico is still a strong - and growing - number three for Canada.New numbers compiled by the NAFTA office of ...

Western Canada to drive car sales
January 30, 2012
A Scotiabank economic report is predicting a good year for Canadian car sales. While Canadian sales hit rock bottom at less than 1.2 million units...

Japanese auto parts makers found guilty of price fixing
January 30, 2012
Ten years of fixing the prices on vehicle electrical parts has landed two Japanese auto suppliers more than a half billion dollars in criminal fine...

China loses WTO ruling
January 30, 2012
The World Trade Organization has ruled against China and its export restrictions on raw materials. China had promised to eliminate most export dut...

Renewable energy hits new milestone
January 30, 2012
Renewable energy hit a new high water mark last year. A PriceWaterHouse Coopers report says the dollar value of global renewable energy deals reac...

South America poised to become world leader in wood chip exports
January 27, 2012
A steady appetite for wood chips at pulp-and-paper mills has turned Latin America into the world's largest source in the last five years. Combined...

New rules to be adopted for credit rating agencies
January 27, 2012
Credit rating agencies looking to do business in Canada will have a new set of requirements to live by as early as April. Canadian Securities Admi...

Montreal dryer maker plant to close
January 26, 2012
The high Canadian dollar and a slow US economy turned out to be the final straw for a Montreal dryer manufacturing plant. Management at Mabe Canad...

Cameron supports Canada, EU trade deal
January 26, 2012
The proposed free trade agreement between Canada and the European Union has found a supporter in British Prime Minister David Cameron. The British...

US manufacturers more optimistic about future
January 26, 2012
Three months have given US manufacturers a whole lot more optimism about their prospects. The latest PwC US Manufacturing Barometer says manufactu...

Western Canadian researchers look to cash in on composites
January 26, 2012
British Columbia is hoping to become Canada's hotbed for composites. The University of British Columbia received $9.8 million from the federal gov...

CAW steps up campaign against Caterpillar
January 26, 2012
Canadian Auto Workers have stepped up their campaign against Caterpillar's demands for a wage and benefit cut at the company's Electro-Motive locko...

Face of business changed from 2000-2008
January 25, 2012
The odds a company would go from small business to out-of-business was about nine per cent a year between 2000 and 2008, according to a new Statist...

Obama proposes more America-first policies for manufacturers
January 25, 2012
US President Barack Obama's state of the nation speech on Jan. 24 may create an uphill climb for Canadian manufacturers in 2012. The US leader ann...

More Canadians endorse than reject Northern Gateway
January 25, 2012
A Sun Media poll says Canadians are more likely to favour than oppose Enbridge's Northern Gateway pipeline project. The poll done for QMI Agency s...

Low US interest rates good for Canada
January 25, 2012
Canada's one per cent interest rate is looking sexy to international money buyers after US policy makers announced that country's interest rate wil...

Rail traffic increases
January 25, 2012
More goods rode the rails, year-over-year, in November. Canadian rail freight traffic was up a reported 8.9 per cent from both domestic and intern...

Western sales drive retail trade
January 24, 2012
Quebec and the western provinces were the best places in Canada to be a retailer in November. While retail sales rose as a whole for a fourth-stra...

Survey shows 3.3 people available to fill every job vacancy
January 24, 2012
A new survey looking at the number of available jobs in Canada says there were 3.3 people waiting in the wings to fill every vacant position betwee...

Partnership to reduce brake weight
January 24, 2012
A Michigan-based materials company and a New York university plan to put the brakes on the way people think about rotors. The joint project betwee...

Canada, US to extend softwood lumber deal
January 23, 2012
Canada and the US have agreed to a two-year extension on the current softwood lumber agreement. The trade agreement was originally set to expire i...

Canadian production posts second big gain
January 23, 2012
After a spike in November, Canada's production scaled back, slightly, in December. While the economy was worth 0.9 per cent more in November, Stat...

CP Rail, Canpotex sign transportation agreement
January 23, 2012
Potash headed from Saskatchewan mines to international markets will have a major carrier to get it there for the next decade. Canadian Pacific Rai...

Firm copies photosynthesis to make hydrogen
January 23, 2012
A California company says copying Mother Nature has given it the means to produce carbon-free, renewable hydrogen gas. HyperSolar, Inc. says a tec...

Accountants predict bad things for 2012
January 23, 2012
A new survey of financial professionals across the planet predicts the global economy is headed for a new slide in 2012. The report was a joint ef...

China still accounts for majority of US counterfeit goods
January 20, 2012
US Customs and Border Patrol says crooks have been changing what they ship and how they send it to American consumers. While China is still the st...

Canadian inflation higher year-over-year
January 20, 2012
Canada's inflation rate dropped .6 per cent in December, but ended 2011 at a higher rate than it did in 2010. The monthly look at the Canadian eco...

World Bank paints darker picture of 2012-13
January 20, 2012
The World Bank has painted a less-rosy picture of the world economy for 2012 and 2013. The bank has lowered its forecast for 2012 and 2013 to 2.5 ...

MEGA settlement for Lego
January 20, 2012
MEGA Brands Inc. and Lego have agreed to play nice. The maker of MEGA Bloks and announced today that it has withdrawn its legal action in the US D...

South Korea ends Canadian beef ban
January 20, 2012
Cattle producers are feeling bullish about their chances now that South Korea has ended an eight-year ban on Canadian beef. The return of the last...

Oil, mining drive November manufacturing sales
January 19, 2012
Canadian manufacturers can thank the resource sector for most of November's sales increases. Statistics Canada says work at mines and on the oil p...

Vancouver conference to promote value of planning ahead
January 19, 2012
Organizers behind a two-day workshop in Vancouver say they hope to bring creativity back into the business world. The 200-person gathering for "Pr...

Joint venture to produce world's first
January 19, 2012
A new specialized branch of the Quebec forest industry is moving from harvesting trees to mass producing the building blocks for other materials. ...

Merck settles out of court in Canada over Vioxx
January 19, 2012
Merck has resolved out of court with several class action suits in Canada related to the anti-inflammatory drug Vioxx. The company agreed late Jan...

Canadian firm wins Saudi water treatment contract
January 18, 2012
An Ottawa engineering firm has been awarded a $4 million contract to build a wastewater treatment system in Saudi Arabia. The project is a Natural...

CP adds missing link to repair strategy
January 18, 2012
Less is turning out to be more for Canadian Pacific. The rail company announced Jan. 18 that it has completed capital investments at its Locomotiv...

Homeowners sue company, host farm over wind power generation project
January 18, 2012
Trouble is blowing in for wind developer WPD Canada and a farmer who signed a lease to host wind turbines on the property. A Stayner, Ont. family ...

Canada, rest of world differ on Canadian innovation
January 18, 2012
When it comes to innovation, there's a chasm between what Canadians think about our own ability to produce and what the rest of the world thinks. ...

Canadians get "gouged" at the Windsor, Detroit border, NDP says
January 17, 2012
Windsor West MP Brian Masse has torn a strip off both the Ambassador Bridge and the Windsor Tunnel for "gouging" Canadians crossing into the United...

Security firm says hackers got tougher in 2011
January 17, 2012
Trend Micro says 2011 may have been the year of the hacker. The company at least called 2011 "The Year of Data Breaches" after large, well-known c...

Bank of Canada keeps interest rate frozen at one per cent
January 17, 2012
The Bank of Canada doesn't expect a full recovery for the Canadian economy until the third quarter of 2013. The central bank announced Jan. 17 tha...

Moscow hotel named world's best business destination
January 16, 2012
Forget London, Paris or oil-rich cities in the Middle East if you're a business traveller. The world's best luxury hotel is in Moscow. The Radisso...

Honda adds CR-V to Alliston plant
January 16, 2012
Honda of Canada Mfg. is bringing a new vehicle to Canada for production for the first time. The automaker plans to start mass producing the Honda ...

New vehicle sales drop in November
January 16, 2012
Foreign car makers are still gaining ground on North American built vehicles, even though sales fell as a whole for November and December. In Cana...

Trial begins for former Nortel bosses
January 16, 2012
The trial has started for three former Nortel Networks Corp. senior executives accused of causing the 2004 meltdown in the company's stock. Former...

UK manufacturers split on 2012 prospects
January 16, 2012
Half of Britain's manufacturers say they best chances at growth this year won't be at home. A survey by manufacturers' group EEF says fallout from...

Canada posts second trade surplus in three months
January 13, 2012
Canada posted a trade surplus for the second time in three months last November. The mix between exports and imports fell on the plus side for a s...

Obama releases plan to cut US trade red tape
January 13, 2012
US President Barack Obama has come through with a plan to follow up on promises to sweep aside government red tape. If the plan can receive congre...

S&P drops credit ratings for nine eurozone countries
January 13, 2012
It will be a Friday the 13th to forget for several European countries. Standard & Poor's has downgraded its credit ratings for nine of the 16 euro...

Canada thirst for energy increases
January 13, 2012
Statistics Canada says the country hasn't lost its appetite for energy. A breakdown of the amount of energy the country consumed in 2010 says Cana...

Raytheon wins contract to demonstrate radar system
January 13, 2012
Raytheon Canada Limited has been awarded a chance to demonstrate a project it says will keep tabs on ship traffic inside the 200 nautical mile ocea...

Companies reach agreement on Atlantic, Beaufort oil projects
January 12, 2012
Three companies have reached an agreement to look for oil in deep water off the Newfoundland coast and the Beaufort Sea. Chevron Canada Limited, S...

Company finds low fungicide levels in orange juice
January 12, 2012
The US Food and Drug Administration plans to step up testing on orange juice after Coca-Cola Co. alerted the government watchdog to the fact Brazil...

Bank of Canada to announce new rate next week
January 12, 2012
The Bank of Canada plans to make an announcement on the overnight lending rate on Jan. 17. The central bank will make the news official at 9 a.m. ...

Ambassador Bridge owner gets jail time
January 12, 2012
The Ambassador Bridge's 84-year-old owner and his top lieutenant are behind bars after failing to meet court orders to complete a construction proj...

Canadian fuel cells to power Brazilian transit buses
January 12, 2012
Ballard Power Systems says it has successfully shipped three fuel cells to Brazil to power public transit buses in Sao Paulo. Fuel cells for three...

Four prairie cities to lead Canada's economy
January 11, 2012
Four western Canadian cities stand to gain the most economically over the next year. The Conference Board of Canada says a reliance on the petrole...

Fewer Canadians declare bankruptcy
January 11, 2012
Canadians have gotten a lot more careful with their money in the last year. The number of people who declared personal bankruptcy fell 8.1 per cen...

Bell faces second class action suit
January 11, 2012
The door has been opened to a class action suit against Bell Expressvu for charging 42.58 per cent annual interest rates on overdue satellite telev...

Aecon gets stamp of approval from US engineers
January 11, 2012
After 40 years in the nuclear industry, a Cambridge company has received nuclear certification from the American Society of Mechanical Engineers. ...

Rio Tinto buys remaining shares of junior miner
January 11, 2012
Junior mining company Hathor Exploration Ltd. has struck pay dirt with Rio Tinto. The multi-national announced Jan. 11 that it has acquired the re...

Hearings begin on Northern Gateway
January 10, 2012
Hearings have started on the proposed $5.5-billion Northern Gateway Pipeline connecting the Alberta Oil Sands with the British Columbia coast. Two...

Industry minister parks at Detroit auto show
January 10, 2012
Industry Minister Christian Paradis gave the five automakers with a Canadian presence a visible reminder Jan. 10 that the country is still open for...

One-in-five small business predict they'll begin exporting in 2012
January 10, 2012
One in five Canadian SME's say they plan to broaden their horizons, according to a new Angus Reid survey. The trade study, commissioned by UPS Can...

Plastics to become more dominant
January 10, 2012
A new report is predicting a resurgence for plastics, both rigid and bio-degradeable. The industry took a bit of a hit during the recent economic ...

Listeria scare ends for Calgary firm
January 10, 2012
A Listeria scare is over for a Calgary-based specialty food company. Ginger Beef Corp. is back in production after shutting down in November to de...

US benefits from higher Canadian labour costs
January 09, 2012
Companies seeking better bottom lines are moving out of Canada and in into the arms of American communities courting them with cheaper labour costs...

Farmer launches suit over wheat board legislation
January 09, 2012
The federal government may be facing a class action suit over its decision to eliminate the Canadian Wheat Board's monopoly. The suit, launched by...

GM to worry less about market share
January 09, 2012
Profits, not market share, will drive General Motors plans for 2012, the company's CEO says. Two years after the company's 2009 bankruptcy, the au...

Apps won't fall far from the Apple
January 09, 2012
Market share may shrink for Apple and Android in the app wars, but the two companies are still very much in control of the virtual marketplace. Fi...

Air New Zealand named world's best airline
January 09, 2012
For the second time in three years, the world's top airline is south-east of Down Under. US-based Air Transport World awarded its Airline of the Y...

Factories hire in December
January 06, 2012
Manufacturing was one of the bright points in Canada's employment picture in December as the nation's total unemployment rate edged down one-tenth ...

US economy creates more jobs than expected
January 06, 2012
The US economy did slightly better than expected in December, creating 50,000 more jobs than economists had predicted. American unemployment rate ...

Auditors quit Chinese company's account
January 06, 2012
Auditors looking into accusations that a Chinese logging company has been overvaluing its operations have resigned. China Forestry Holdings Co. wi...

Alaskan gas producers consider Asia
January 06, 2012
Canadian plans to build a pipeline to carry western crude to Asia. North Slope oil producers in Alaska said Jan. 5 that the only profitable way to...

Carbon limits to become mandatory
January 06, 2012
The former head of a United Nations effort to reduce greenhouse gas emissions says businesses should accept that change is on the way and it will b...

Report pitches home-based workers for cost-savings
January 05, 2012
When it comes to cost-cutting, "Homeshoring" may be the answer companies have been seeking, a new white paper says. The trend toward hiring self-e...

Pepsi considers job cuts
January 05, 2012
Soft drink maker Pepsi says it plans to cut 4,000 jobs and possibly decrease its pension contributions for everyone else to boost profits. The bot...

Cigarette production, inventories increase
January 05, 2012
Canadian cigarette manufacturers were on a roll in November. Statistics Canada says domestic tobacco companies produced 1.9 billion cigarettes in ...

Iran's largest oil customers consider other options
January 05, 2012
Iran's biggest customers may start going elsewhere for the oil that keeps their engines running. New, ramped-up sanctions against the oil-producin...

Canadians gloomy about 2012
January 05, 2012
More Canadians are finding it tougher to locate the silver lining in the dark cloud when it comes to the country's economic prospects. A CTV News ...

Proposed rule changes leave defence industry in a haze
January 04, 2012
Pending US State Department rules regulating who can buy and sell defence equipment hasn't done much to lift the legal fog for arms brokers, a new ...

Renewable energy maker plans restructuring
January 04, 2012
A US maker of inverters for renewable energy sources says it will close its Canadian factory and trim staffing levels 35 per cent to concentrate on...

Manufacturers post solid gains in December
January 04, 2012
A December survey of Canadian manufacturers says business was the best it has been in eight months. The latest RBC Canadian Manufacturing Purchasi...

Kodak looking to develop bailout plan
January 04, 2012
A Wall Street Journal story says the big picture isn't bright for Eastman Kodak. The former Blue Chip photography company is making plans for Chap...

Report recommends goods, not jobs as manufacturing health guideline
January 04, 2012
A new look at the US manufacturing industry says it isn`t dying. It`s just changing. A Wells Fargo study looking at the state of industry says ana...

London workers face lockout
January 02, 2012
Caterpillar workers in London, Ont. have started the New Year on the outside looking in. The company's Electro-Motive unit locked out manufacturin...

US defence contractor grows
January 02, 2012
American defence contractor Mercury Computer Systems has added two new divisions as a late Christmas present to itself. The Chelmsford, Mass. defe...


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Year: 2011 2012

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