Browsing Tag
Ontario
93 posts
Roshel eyes Stellantis Brampton factory for defence hub after Jeep plan collapses
Stellantis has signed a memorandum of understanding with Canadian armoured-vehicle manufacturer Roshel for a potential sale of its idled Brampton Assembly Plant, opening a possible defence-manufacturing future for a site where roughly 2,200 Unifor members remain on indefinite layoff.
Lightning Resource doubles share base as Prospector asset acquisition closes
Lightning Resource Corp. has completed its acquisition of Prospector Metals’ non-Yukon assets and released C$4 million of previously escrowed financing, adding four Canadian exploration projects while increasing its basic share count from roughly 29.4 million to about 66.8 million.
Lightning Resource (TSXV: LTNG) share base more than doubles as Prospector deal closes
Lightning Resource has completed its acquisition of Prospector Metals' non-Yukon portfolio and released C$4 million of financing proceeds. The transaction adds four Canadian exploration projects but also increases Lightning's ordinary share base from roughly 29.4 million to about 66.8 million shares before warrants, fundamentally changing both its assets and ownership structure.
Gatik’s autonomous trucks have completed 85,000 driverless orders, so why is the next stage much harder?
Gatik has secured $200 million after completing 85,000 fully driverless orders and building more than $600 million in contracted revenue. With PepsiCo, Loblaw and other major customers moving beyond pilots, the next test is whether dozens of autonomous trucks can become thousands without weakening safety, service levels or fleet economics.
Omni-Lite backlog nearly doubles as niche aerospace manufacturer delivers record Q2 earnings
Omni-Lite shares surged 22% as Q2 revenue rose 39%, EBITDA margins hit 19% and backlog reached a record $10.7M. See what drove growth.
Discovery Mining posts record $319m revenue as gold production jumps 33%
Discovery Mining posted record Q2 revenue and gold output as Kidd reshaped its Timmins growth plan. See why costs remain the next test.
Canada Nickel wins federal approval for Crawford project as 2027 construction decision approaches
Canada Nickel’s Crawford approval removes a major permit risk, but a C$5 billion funding challenge now stands between the project and mine construction.
Canada paid for the Gordie Howe bridge, so why will the United States receive part of its revenue?
The Gordie Howe International Bridge has opened between Detroit and Windsor, adding critical freight capacity while leaving questions over toll revenue, traffic volumes and Canada-US trade relations.
Canadian wildfire smoke reaches New York as Ontario communities face destruction
Northern Ontario is burning while smoke reaches US cities. Canada now faces a combined evacuation, infrastructure and public-health test across North America.
Toronto festival shooting kills two as police search for gunmen after crowd panic
Two men have been killed and four other people wounded after gunfire erupted near Toronto’s Salsa on St. Clair street festival, sending thousands of visitors running for cover and forcing organisers to cancel the event’s second day.