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Found 16 results

  1. Mediocre job performance is better than the alternative JAY BRYAN, The Gazette Published: 7 hours ago Canada's job market is in mediocre shape, we discovered yesterday, and when you look at the alternative, this is wonderful news. For the past few weeks, many economic forecasters have been nervously asking themselves if Canada could resist the powerful recessionary undertow from a slumping U.S. economy or whether we'd fall into a downturn similar to the one that's under way south of the border. The final answer might not be available for a little longer, but yesterday's August jo
  2. Draxis to create up to 100 jobs after chosen by J&J for contract manufacturing 6 days ago MONTREAL (CP) — Pharma company Draxis Health Inc. (TSX:DAX) is building a new Montreal plant and hiring up to 100 people after the company's contract manufacturing division expanded its existing relationship with Johnson & Johnson, one of the world's biggest consumer products companies. The contract expansion will lead to between 80 to 100 new positions at Draxis Pharma operations in the Montreal area and require the building of a new secondary plant, in addition to the current Draxis m
  3. Growth in mining sector reshaping Quebec economy BARRIE MCKENNA OTTAWA— Globe and Mail Blog Posted on Thursday, March 15, 2012 12:48PM EDT http://www.theglobeandmail.com/report-on-business/economy/economy-lab/daily-mix/growth-in-mining-sector-reshaping-quebec-economy/article2370299/ Think of the Quebec economy, and the traditional drivers are energy, forestry and manufacturing. But there’s a new engine in Quebec – mining – and it’s reshaping the economy of both the province, and the country. Investment in the province’s mining industry is expected to reach $4.4-billion this year, u
  4. Almost 80,000 jobs lost in February: StatsCan By The Canadian Press OTTAWA - Non-farm payrolls lost 79,600 jobs in February, with manufacturing taking the worst hit, Statistics Canada reported Wednesday. The agency said those losses continue a slump that began last October and which has cost 296,000 jobs. The agency's survey of non-farm, payroll employment found the biggest February drop was in manufacturing, where 19,300 jobs were lost. Since October, 99,700 manufacturing jobs have disappeared, a loss of 6.1 per cent. That figure is three times the rate of decline of total payroll
  5. Nicolas Van Praet, Financial Post · Jun. 6, 2013 | Last Updated: Jun. 6, 2013 2:23 PM ET MONTREAL • Green Mountain Coffee Roasters Inc. is revamping its Canadian manufacturing operations in Montreal as investors savour a tripling in the company’s shares over the past year. The Waterbury, Vt.-based company, which bought Quebec coffee chain Van Houtte in 2010, will announce Friday a $40-million to $50-million investment to modernize its plant in Montreal’s Saint Michel neighbourhood with new packaging equipment, two sources said. More than 100 new jobs will be created in the move. It
  6. GE Hydro to close Montreal plant in 2008, affecting 450 workers 1 hour ago MONTREAL - The GE Hydro plant in the Montreal suburb of Lachine will close next June, eliminating 450 jobs. The subsidiary of American giant General Electric has made more than half of the Hydro-Quebec turbines installed at the James Bay dams. The plant's activities will end with the completion of these contracts, employees were told. The company said it is restructuring its activities, adding that its hydroelectric division has been losing money. The laid-off workers are mostly welders, machinists and
  7. Montreal's vital signs improving PETER HADEKEL, The Gazette Published: 7 hours ago When consulting economist Marcel Cote put together a statistical picture of the Montreal area, he found several signs of improvement. The region's unemployment rate, long among the worst in urban Canada, is now closer to the national average than it's been in two decades. The workforce is getting smarter. Over the last 10 years, the proportion of Montrealers who've completed post-secondary studies has shot up from 43 per cent to 55 per cent and is now above the Canadian average. Innovation
  8. Ontario in decline: From Canada's economic engine to clunker Can Dalton McGuinty see the light and reverse the decay with his forthcoming budget? By Paul Vieira, Financial Post March 23, 2009 A month before Dalton McGuinty, the Liberal Ontario Premier, hit the election trail in the fall of 2007 to seek a second mandate, an ominous warning sign of the province's crumbling economic stature emerged that should have provided fodder for the campaign. An analysis from leading Bay Street economist Dale Orr said Ontarians' standard of living had plummeted -- from a peak of 15% abov
  9. Un très bon article du G&M ce matin sur la "résilience" de l'économie québécoise: http://www.theglobeandmail.com/report-on-business/few-bumps-in-la-belle-provinces-recession-ride/article1240146/ Few bumps in la belle province's recession ride At Sandoz Canada Inc. in Boucherville, Que., sales are rising and the work force is growing. The generic pharmaceutical producer's growth is more subdued than usual, to be sure. But this isn't the picture of a company struggling through a recession. And so goes Quebec, where the global slump has caused discomfort but not intense p
  10. Le Canada gagne 35 900 emplois en avril Publié le 08 mai 2009 à 08h06 | Mis à jour à 08h09 Agence France-Presse Ottawa Le Canada a gagné 35 900 emplois en avril, de façon inattendue, essentiellement grâce aux travailleurs indépendants, tandis que le taux de chômage se maintenait à 8%, son niveau le plus élevé en sept ans, a annoncé vendredi l'institut de la statistique. Les analystes s'attendaient à une perte de quelque 50 000 emplois en avril après une saignée de 61 000 le mois précédent et à ce que le taux de chômage passe à 8,2%. Ce taux est resté inchangé à 8,0 % en
  11. Manufacturing activity at 26-year low NEW YORK (CNNMoney.com) -- A key index of the nation's manufacturing activity fell to a 26-year low, sliding into recession territory, a purchasing managers group said Monday. The Institute for Supply Management's (ISM) manufacturing index tumbled to 38.9 in October from 43.5 in September. It was the lowest reading since September 1982, when the index registered 38.8. Economists were expecting a reading of 42, according to a survey conducted by Briefing.com. The tipping point for the index is 50, with a reading below that indicating contrac
  12. Ontario's economic engine sputters RICHARD FOOT, Canwest News Service Published: 7 hours ago As Canada's industrial heartland struggles with a reeling automotive sector, high dollar and foreign competition, innovative value-added manufacturers - like Kitchener's Christie Digital - have found a way to thrive in the global economy When Barack Obama accepts his party's nomination for the U.S. presidency at the Democratic convention in Denver next month, his image will be displayed on giant screens at Mile High Stadium by digital projectors made in Kitchener, Ont. Christie Dig
  13. Malek

    Buffalo

    Upstate New York cities Back in business Hope grows in two cities more accustomed to disappointment Jun 30th 2012 | BUFFALO AND ROCHESTER | from the print edition THERE is an eerie beauty to Buffalo’s waterfront. Long-abandoned buildings and unused grain elevators stand along Lake Erie’s shore. General Mills is one of the few companies that still use it—the smell of Cheerios, a breakfast cereal, permeates the air. But newer life is springing up, too. Part of the harbour, near the centre of city, has been redeveloped as a 6.5-acre (2.6-hectare) spread of parks and monuments. Twenty
  14. Montreal is approaching 2011 at full speed August 25, 2010 - John Clinkard (Market Insights) As Montreal heads into the second half of 2010, it’s clear that the city must be doing something right. For the past seven months it has consistently exhibited stronger year-over-year job growth than all but two of the 10 largest metro areas in the country. Job growth has been particularly strong in wholesale and retail trade (+35,200), followed by finance insurance and real estate (+25,800); health services (+17,900); construction (+17,200); accommodation and food services (+10,600); an
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