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Industry

Guosen Securities plans to buy 53% of Vanho, heeding China’s call for brokers to combine

by Anas Siddiqui
Guosen Securities plans to buy 53% of Vanho, heeding China’s call for brokers to combine

Guosen Securities plans to buy control of a smaller rival in China’s technology hub of Shenzhen, answering the government’s call to consolidate the nation’s 12 trillion yuan (US$1.68 trillion) brokerage …

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U.S. military announces $20M US grant to build cobalt refinery in Ontario

by Anas Siddiqui
U.S. military announces M US grant to build cobalt refinery in Ontario

The U.S. military has made its largest move so far in a novel national-security effort to fund mining initiatives in Canada.  The Pentagon on Tuesday announced a $20 million US …

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Data centres are hungry for power, and Alberta is pitching itself as the place to build

by Anas Siddiqui
Data centres are hungry for power, and Alberta is pitching itself as the place to build

Alberta is putting itself in the race for a slice of the soaring growth of data centres in North America. A pair of Alberta cabinet ministers set off for Silicon Valley …

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Is Quebec’s VFX industry in danger? New graduates and veterans say there’s no work

by Anas Siddiqui
Is Quebec’s VFX industry in danger? New graduates and veterans say there’s no work

Léa Paquette’s graduation gala in April was awkward to say the least.  Recent 3D-animation graduates dressed to the nines, mingled in a room of industry professionals in downtown Montreal, exchanging …

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U.S. nearly doubles duty on Canadian softwood lumber

by Anas Siddiqui
U.S. nearly doubles duty on Canadian softwood lumber

The U.S. is dramatically increasing the duty it charges on softwood lumber imports from Canada, setting the rate at 14.54 per cent. The previous duty was 8.05 per cent. The new rate …

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Criminal networks are shifting from fentanyl imports to Canadian-made product

by Akin Smith
Criminal networks are shifting from fentanyl imports to Canadian-made product

Organized crime groups have shifted their efforts away from importing the deadly synthetic opioid fentanyl and are now producing it primarily on Canadian soil. A briefing note prepared for the deputy …

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Study suggests ultrafine particles linked to 1,100 deaths per year in Montreal and Toronto

by Akin Smith
Study suggests ultrafine particles linked to 1,100 deaths per year in Montreal and Toronto

A study by researchers at McGill University has found that a microscopic air pollutant generated from vehicles and industry plays a role in the deaths of an estimated 1,100 people …

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How extreme weather affects food prices in Canada

by Anas Siddiqui
How extreme weather affects food prices in Canada

Extreme weather events like fires, floods, heat waves and droughts pose an increasing risk to Canada’s food supply chain, putting pressure on prices all the way to the grocery store …

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Why the health-care sector is hiring temporary foreign workers like never before

by Akin Smith
Why the health-care sector is hiring temporary foreign workers like never before

Persistent staffing shortages in the health-care sector across Canada in the wake of the pandemic have led some organizations, including some provincial government agencies, to increasingly call upon temporary foreign workers to …

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Alberta oil and gas sector exceeded flaring limit in 2023, data shows

by Anas Siddiqui
Alberta oil and gas sector exceeded flaring limit in 2023, data shows

For the first time, Alberta’s oil and gas industry has exceeded the province’s own regulatory limit for natural gas flaring. A tally by The Canadian Press of Alberta Energy Regulator …

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