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Bombardier expanding Singapore service centre, operations expected to start in 2028
MONTREAL - Bombardier Inc. has announced plans to expand its Singapore service centre.The company says the new facility at JTC’s…
Ontario is putting up to $178 million into a stalled Toronto rental project. Is it a good investment or 'bailout'?
As housing developments across the province falter, the province is using its newly formed Building Ontario Fund to invest up to $178…
Bank of Canada likely to hold key interest rate this week: economists
The Bank of Canada is widely expected to keep its key interest rate unchanged on Wednesday — but this week’s…
US carriers spent $6.5B on fuel in April; global profit forecast is cut nearly in half
U.S. airlines spent more than $6 billion on jet fuel in April, up 78% from a year earlier despite using…
Federal government starts public consultation on future of Toronto's island airport
The federal government is starting public consultations on the fate of Toronto’s island airport, which the province wants to expand…
Ottawa launches public consultation on future of Billy Bishop airport
The federal government is taking the future of Billy Bishop airport to the public realm, announcing Monday that it will…
U.S. Steel pledges up to $2.5 billion in upgrades to Mon Valley Works
U.S. Steel plans to invest up to $2.5 billion into upgrades to its Mon Valley Works, which it forecasts will…
OpenAI files confidential SEC paperwork for IPO, opening the door to a Wall Street debut
ChatGPT maker OpenAI filed preliminary paperwork that would open the door to it becoming a publicly traded company, the third…
Farm groups urge review of Alto rail project, citing costs and impacts
MONTREAL - Farm organizations from Quebec, Ontario and across Canada are calling on Ottawa to revisit the proposed high-speed rail…