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Daily Archives: Mar 27, 2016

Nissan ordered to speed up recall under new Transport Canada powers

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Transport Canada has invoked a never-before-used capacity to force Nissan Canada to immediately inform those who own a defect that could cause dangerous fuel leaks. The issue is found in X-Trail SUVs from the 2005 and 2006 model years, and involves a flaw within the fuel reservoir filler pipe coating that can result in fuel leaks if left unrepaired. Nissan ...

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The oil industry got together recently and agreed things may never get better

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The thousands of attendees seeking causes of optimism didn’t find them at the annual International Petroleum Week. Instead they were greeted with a cacophony of voices from some of the largest oil producers, refiners and traders delivering exactly the same message: There are few reasons for optimism. The planet is awash with oil. The marketplace is overwhelmingly bearish. No Hope ...

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Why flow-through shares should be extended to spur innovation funding

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For many years, participants within the technology sector have advocated extending the flow-through share program currently available to resource companies by looking into making it open to the innovation sector. Using the erosion of our manufacturing base and also the commodity and energy downturn, the situation for implementing flow-through shares to catalyze our underperforming innovation sector is becoming more compelling. ...

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Bombardier Inc founder’s grandson Charles comes up with an invention a week — and he’s giving them away for free

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Thomas Edison famously patented 1,093 inventions in his 84 years. Charles Bombardier, however, is attempting to invent new things each week – a pace that puts him on track to outdo Edison when he’s 60. Bombardier, 41, may be the grandson of Joseph-Armand Bombardier, creator from the snowmobile and founder of Bombardier Inc., so it isn’t surprising that the entrepreneurial ...

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Two weeks in the life of a Titan Medical shareholder: It’s been quite the ride

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For all equity investors recent years weeks happen to be a brutal experience: everybody is poorer compared to what they were at the beginning of the entire year. Investors in Titan Medical Inc., a company that’s focused “on the look and development of a robotic surgical system for application in minimally invasive surgery,” have observed exactly the same pattern. But ...

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Quebec government faces lawsuits if it backs out of Anticosti Island oil exploration project

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CALGARY / MONTREAL C If the Quebec government backs out of its contract to understand more about for gas and oil on Anticosti Island, its joint-venture partners say they will sue. Even although the provincial government owns a 35-per-cent interest in the partnership and has a contractual obligation to help fund the drilling of three wells this summer around the ...

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ECB chief Mario Draghi says bank ‘will not hesitate to act’ in March if market turmoil continues

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BRUSSELS/FRANKFURT — The ecu Central Bank is ready to ease policy in March when the recent financial market turmoil or even the long-term impact of low energy prices threatens to help keep inflation persistently low, its president Mario Draghi said on Monday. Having trouble dealing with all of this market turmoil? Feel free to embrace your inner ostrich All this ...

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Canadian Energy Pipeline Association seeking grassroots support from first responders

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MONTREAL –  As politicians coast to coast engage in a war of words within the safety of TransCanada Corp.’s Energy East pipeline, Canada’s pipeline industry association is working to build confidence within an unlikely place: those who is going to be first in this area if anything goes wrong. Across the nation, the Canadian Energy Pipeline Association is holding meetings ...

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