Business, Technology, Equipment

Lion Electric President Nicolas Brunet Resigns

The president of Canadian electric bus and truck manufacturer Lion Electric Co. resigned as the cash-poor company made a last-ditch attempt to stay afloat.

Mathieu Dion | Bloomberg News
December 10, 2024
Business, Technology

Mach in Talks to Help Rescue Electric Vehicle Maker Lion

Mach Capital, the investment arm of Canadian real estate developer Groupe Mach, is in discussions to provide more funding to cash-strapped electric bus and truck manufacturer Lion Electric.

Mathieu Dion | Bloomberg News
December 3, 2024
Government, Business, Logistics

Canada Orders Ports to Restart as Labor Disputes Choke Trade

Justin Trudeau’s government directed an independent labor board to end lockouts at Canada’s largest ports, as it did with railways in August, to avoid an economic disruption in the country.

Mathieu Dion | Bloomberg News
November 12, 2024
Government, Business, Logistics

Montreal Port Seeks Trudeau’s Help to End Dockworker Strike

Two terminals operated by Termont Montreal that account for about 40% of the port’s container handling capacity have been closed since Oct. 31 after unionized dockworkers walked off the job

Mathieu Dion | Bloomberg News
November 7, 2024
Government, Business, Logistics

Montreal Port Workers Set to Strike Over Wage Dispute

The union, which represents 1,200 dockworkers, gave 72-hour strike notice on Sept. 27 to the Maritime Employers Association.

Mathieu Dion | Bloomberg News
September 27, 2024
Government, Business, Logistics

Train Movements in Canada Close to Normal

Train movements at Canadian National Railway and Canadian Pacific Kansas City are almost back to normal after a short lockout of unionized workers, according to data provider RailState.

Mathieu Dion | Bloomberg News
August 28, 2024
Business, Logistics

CN Railway Reports Q2 Revenue Down 7%

Canadian National Railway Co. reported revenue of C$4.06 billion ($3.1 billion) in the second quarter, down 7% and missing analysts’ estimates.

Mathieu Dion | Bloomberg News
July 25, 2023
Business, Fuel

Circle K Owner Goes on Food Marketing Push

Circle K parent Alimentation Couche-Tard Inc. only gets about half of its gross profit from fuel. That has CEO Brian Hannasch thinking about how to kickstart the company’s fresh food business, which represents just 11% of sales in its 9,000 North American stores.

Mathieu Dion | Bloomberg News
September 21, 2022