GM agreed in 2022 to buy nickel supplies from Brazilian miner Vale as part of a strategy to build up its battery supply chain for EVs, but the pause has meant cancellation of the project.
October 16, 2025Latest News Updates From Mathieu Dion
End of De Minimis Exemption Helped Sink Luxury Retailer Ssense
Ssense filed for bankruptcy protection after the end of a U.S. duty exemption for small shipments dealt a final blow to the struggling retailer.
September 15, 2025Montreal Port Project Sees Cost Rise to $1.7 Billion
The cost of a new Port of Montreal terminal that Canadian Prime Minister Mark Carney says is in the national interest has soared to about $1.7 billion, according to a Cabinet minister.
September 11, 2025Canada Diverts Aluminum Exports to Europe as US Tariffs Bite
Aluminum producers in Quebec are diverting more of the metal used to make cans and car parts to Europe as rising U.S. tariffs make their shipments more expensive for American customers.
September 8, 2025Kenworth, 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, 2025Canada Faces Steel Job Cuts as US Tariff Pressure Mounts
A group of Canadian steel producers said the government’s plan to restrict foreign steel imports isn’t strong enough and warned that the industry is set to shed thousands more jobs.
June 26, 2025Canada Weighs Stronger Tariffs on Foreign Steel
“We cannot accept any form of unfair practices from different countries when it comes to our Canadian market. That’s enough,” Industry Minister Melanie Joly told reporters on June 11.
June 11, 2025Quebec 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, 2025CN 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, 2025Trade 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. administration’s tariff and trade policy.
May 1, 2025Trending
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