Royce Canada will reportedly supply the OK-410 Handling and Stowage Group system to the U.S. Navy’s Naval Undersea Warfare Centre (NUWC).
The Canadian dollar has been trading below 70 cents US in recent weeks and is nearly four per cent below where it was in September.
Nissan and Honda said they had signed a memorandum of understanding on Dec. 23 and that Mitsubishi Motors Corp. also had agreed to join the talks on integrating their businesses.
The collaboration aims to develop silicon anode materials for specialty electric automotive and mobility applications.
The survey of more than 300 manufacturers conducted between December 11 and 18 highlights the major economic threat that tariffs pose to Canada's manufacturing sector.
Trading in Nissan’s shares was suspended but then resumed after the companies jointly issued a statement saying they were “considering various possibilities for future collaboration, but no decisions ...
The recent buzz around Trump’s proposed tariffs has many Canadian businesses—and their American counterparts—feeling uneasy. For exporters and domestic manufacturers alike, the concerns are real: ...