Search Results for: Canadian
10 results out of 1062 results found for 'Canadian'.
TECHNICAL ROUND UP – EFRAG RELEASES EUROPEAN SUSTAINABILITY REPORTING STANDARD DRAFTS
The European Financial Reporting Advisory Group (EFRAG) has released its first full set of final draft sustainability reporting standards for the European Union (EU) for public consultation. EFRAG has been charged with developing standards expected to become compulsory under a proposed EU Corporate Sustainability Reporting Directive.…
GM ANNOUCES CAD2 BILLION INVESTMENT IN ONTARIO ELECTRIC VAN AND ICE PICK-UP PRODUCTION
Another major auto manufacturer has announced a significant investment in Canadian electric auto production, this time GM, who this morning (Monday April 4) said it would sink more than Canadian dollars CAD2 billion (USD1.6 billion) into establishing an EV vehicle plant at CAMI, Ingersoll.…
CANADA AUTO SECTOR SAYS FEDERAL GOVERNMENT BUDGET FALLS SHORT IN EV SUPPORT
The Canadian auto sector has expressed disappointment that its federal government has not done more in its latest budget, released on April 7, to finance the expansion of electric vehicles sales.
While industry associations have welcomed an expansion of financing for EV purchase subsidies and the development of battery mineral production, more money was needed to encourage sales, they said.…
RENEWABLE ENERGY OFFERS STEEL SECTOR A WAY TO DECARBONISE
The international steel sector is working to reduce its climate change impact through closer links to the renewable energy sector, along with steel making innovation and more recycling.
This industry is responsible for between 7% and 9% of human-generated carbon dioxide, according to the World Steel Institute.…
ONTARIO’S ECONOMIC MINISTER TARGETS CREATION OF END-TO-END EV SUPPLY CHAIN FOR PROVINCE
Ontario’s minister for economic development, job creation and trade has told Wards how his conservative government, facing a general election in June, will push for the province to become an end-to-end EV maker – from battery mineral production to parts and auto assembly.…
STELLANTIS ANNOUNCES CONSTRUCTION OF CAD4 BILLION EV BATTERY PLANT IN WINDSOR, ONTARIO
Stellantis and South Korea’s LG Energy Solution today (Wednesday March 23) announced they would build a CAD5 billion (USD4.1 billion) electric vehicle battery plant in Windsor, Ontario.
It will be the first such plant in the province, and should open in 2024, employing an estimated 2,500 people.…
CERTIFICATION AND LIABILITY CHALLENGES OF SMART TEXTILES – DEEP DIVE
INTRODUCTION
Regulation, certification and liability have long been critical issues managed by textile executives, with consumer protection, industrial standardisation and chemical environmental health rules posing significant challenges to any professional fabric company. However, the advent of smart textiles has made such regulatory and legal considerations more complex, because of their integration of electronics and internet communications, which can bring such products under additional health and safety rules, along with privacy and cyber-crime statutes.…
CANADA AUTO SECTOR SAYS FED GOVERNMENT MUST PAY TO ACHIEVE EV MANDATES
The Canadian auto sector wants its federal government to make major financial commitments to increase consumer subsidies for buying electric vehicles (EV) and build recharging systems, following an impostion of EV purchasing mandates.
Canada’s Liberal government (now formally backed by the social-democratic New Democratic Party – NDP) released policy on Tuesday (March 29) towards making the country a net-zero emissions jurisdiction by 2050.…
HONDA ANNOUNCES MAJOR HYBRID PLANT INVESTMENT IN ONTARIO
Honda announced this morning (March 16) that it would be investing CAD1.4 billion (USD1.09 billion) into retooling its plants in Alliston, north of Toronto, so they can make hybrid vehicles and engines.
“This represents an important milestone for Honda as we move forward in our ambitious vision to make battery electric vehicles represent 100% of our North America vehicle sales by 2040,” said Jean Marc Leclerc, president and CEO of Honda Canada Inc.…
UAE HALAL FAST-FOOD BRAND CHICKING TO OPEN 30 OUTLETS IN CANADA BY 2023
United Arab Emirates (UAE)-based halal fast-food chain Chicking is planning to expand its geographic footprint with up to 30 new outlets across Canada by 2023.
The company opened its first ChickQueen branch in the multi-cultural city of Mississauga, Ontario, in May 2021, as part of a plan to expand to all major Canadian cities, AK Mansoor, founder and chairman of Chicking, told Salaam Gateway.…