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Texas stopped issuing new state data-centre permits this week. Alberta now has more than 100 projects proposed. Capital Power says the Meta project has raised Alberta’s credibility with other hyperscalers, that it is talking to several more, and that the...
Canada’s share of merchandise exports going to the United States fell from 75.9% in 2024 to 71.7% last year, and Statistics Canada clocked July at 66.3%, the lowest reading since 1997 outside the pandemic. That is a remarkable shift in...
GE Aerospace has agreed to pay $11.75 billion for Consolidated Precision Products, a castings company most people outside aerospace have never heard of, and one GE has been buying from for more than 15 years. CPP makes highly engineered castings...
Chinese refiners have a supply problem this week. A pipeline from Alberta is already part of the answer. Reuters reports that Chinese independent refiners have bought more than 20 million barrels from Canada, West Africa and South America as supplies...
An oilfield-services company just agreed to spend US$3.4 billion on heat exchangers, and very little of it has to do with oil. SLB is buying Kelvion, a German thermal-management firm, and taking on roughly another US$700 million of debt. Kelvion’s...
Canada’s ambassador to Washington recently stated that no future trade deal will succeed unless it preserves a viable Canadian auto assembly and parts industry. This statement raises an important business question: The Cost of Maintaining Capabilities What does it cost...
An automaker closes an assembly plant and four thousand people lose their jobs. The site sits behind a fence while governments work out what to do with an industrial complex built for somebody else’s production system. Then another manufacturer shows...
Canada creates ideas, but needs the USA to fund them and China to scale them. Chinese Premier Li Qiang recently called for China to shore up external demand and deepen international trade, while also encouraging more private investment in infrastructure....
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