Government, Business, Technology, Fuel

Canada Matches US Subsidies to Win VW EV Battery Plant

Canada agreed to subsidies that may top C$13 billion ($9.7 billion) over a decade to land an electric vehicle battery plant by Volkswagen AG, the company’s first gigafactory outside Europe.

Brian Platt | Bloomberg News
April 20, 2023
Government, Business, Technology

Canada, IBM to Announce Chips Pact Amid Biden-Trudeau Visit

Canada and International Business Machines Corp. will announce a high-level agreement on expanding semiconductor cooperation on March 24, during President Joe Biden’s visit to Ottawa.

Brian Platt | Bloomberg News
March 23, 2023
Government, Business, Safety, Fuel

Canada Climate Plan Calls for 42% Cut in Oil, Gas Emissions

Prime Minister Justin Trudeau’s government wants a 42% reduction in emissions from the oil and gas sector as part of Canada’s plan to meet its 2030 emissions reduction goal.

Brian Platt | Bloomberg News
March 29, 2022
Government, Business, Safety

Ontario Declares State of Emergency Over Blocked US Bridge

The premier of Canada’s biggest province declared a state of emergency, warning protesters choking off traffic at a key U.S. border crossing and causing gridlock in Canada’s capital they face stiff punishment if they don’t leave.

Brian Platt | Bloomberg News
February 11, 2022