Up to 187 million Canadian dollars to be invested to expand IBM’s chip plant in Bromont, QC.
July 5, 2024
BROMONT, QC—IBM, Canada and Quebec will invest 187 million Canadian dollars ($139.6 million) to expand assembly, testing and packaging capabilities at the company’s semiconductor manufacturing facility here.
The Japanese automaker is investing more than 15 billion Canadian dollars to assemble EVs in Canada.
July 1, 2024
ALLISTON, ON—Honda Motor Co. plans to build a comprehensive EV value chain in Canada with an approximate investment of $11.2 billion, including investment by joint venture partners, to prepare for a future increase in EV demand in North America.
DETROIT—Ford Motor Co. of Canada has been selected as the lead company with which the Unifor labor union will bargain as they negotiate with Detroit’s three automakers on new contracts.
GUELPH, Canada — Danby, a Canadian appliance manufacturer, is retooling its production lines to make full-service ventilators and a second device that allows bag valve masks to operate mechanically in an emergency situation.
WASHINGTON, D.C — President Donald Trump last Wednesday signed into law a major rewrite of the rules of trade with Canada and Mexico that will soon replace the Clinton-era North American Free Trade Agreement.
Incredibly, the decade has ended with a moment of bipartisanship. On Dec. 10, after more than a year of deadlock, Democrats and Republicans agreed to revisions in the U.S.-Mexico-Canada Agreement (USMCA) that should enable the trade pact to win approval from Congress and get signed into law by the president.