Latest News Updates From Mathieu Dion

BusinessEquipment

Kenworth, Peterbilt Maker Cuts 175 Jobs in Quebec, Union Says

Truck maker Paccar, parent company of Kenworth and Peterbilt, will lay off 175 employees in its Sainte-Therese, Quebec, plant over weakening demand, according to local union Unifor.

July 9, 2025
GovernmentBusinessEquipmentLogistics

Canada Faces Steel Job Cuts as US Tariff Pressure Mounts

A group of Canadian steel producers said the governments plan to restrict foreign steel imports isnt strong enough and warned that the industry is set to shed thousands more jobs.

June 26, 2025
GovernmentBusinessEquipmentLogistics

Canada Weighs Stronger Tariffs on Foreign Steel

We cannot accept any form of unfair practices from different countries when it comes to our Canadian market. Thats enough, Industry Minister Melanie Joly told reporters on June 11.

June 11, 2025
BusinessTechnologyEquipmentFuel

Quebec Investors to Acquire Bankrupt Lion Electric

An investor group involving Montreal real estate tycoon Vincent Chiara is set to take control of bankrupt Lion Electric, offering new capital to keep the electric bus and truck maker alive.

May 16, 2025
BusinessLogistics

CN Railway Defies Tariffs Gloom, Keeps 2025 Growth Outlook

Canadian National Railway kept its financial outlook for 2025 intact despite rising economic risks, but management acknowledged that uncertainty is leaving many customers in limbo.

May 2, 2025
GovernmentBusinessLogistics

Trade War Leads CPKC Railway to Lower 2025 Guidance

Canadian Pacific Kansas City cut its financial outlook for this year due to the uncertainty caused by the U.S. administrations tariff and trade policy.

May 1, 2025
GovernmentBusinessLogisticsFor-Hire

TFIs Decision to Relocate to US Sparks Controversy

Canadian trucking and logistics company TFI International Inc. said it will move its headquarters to the U.S., earning criticism from one of its largest shareholders.

February 20, 2025
GovernmentBusinessFuel

Quebec Says Its Open to LNG, Oil Projects After Trump Threats

Quebec has long resisted proposals to build new oil and gas pipelines through its territory. U.S. President Donald Trumps threats against Canada might change that.

February 5, 2025
BusinessLogisticsPrivateGlobal Freight

Amazon to Close All Warehouses in Quebec

Amazon.com Inc. will shut down all warehouses and lay off employees in the French-speaking Canadian province of Quebec.

January 22, 2025
BusinessTechnologyEquipment

Lion Electric President Nicolas Brunet Resigns

The president of Canadian electric bus and truck manufacturer Lion Electric Co. resigned as the cash-poor company made a last-ditch attempt to stay afloat.

December 10, 2024