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Top PLANT News

Korean shipbuilder bidding for submarine contract agrees to $345M deal with Algoma Steel — JUNG YEON-JE/AFP via Getty Images via Getty Images

Canadian Foreign Policy · Canada

Korean shipbuilder bidding for submarine contract agrees to $345M deal with Algoma Steel

58% Left coverage: 24 sources

A major shipbuilder from South Korea has signed a memorandum of understanding with Algoma Steel, which would see the Sault Ste. Marie steelmaker receive up to $345 million to develop a structural steel beam mill.See the Story

Canadian CEOs less confident in global economy than peers amid trade concerns: survey — REUTERS / Wa Lone

Canadian Economy · Toronto

Canadian CEOs less confident in global economy than peers amid trade concerns: survey

80% Center coverage: 5 sources

Canadian CEOs have become less confident in the global economy with less than half expecting it to improve this year, even as their international peers are more optimistic, a new report suggests. PwC Canada’s latest annual survey of global CEOs said 61 per cent of them expect improved economic growth in the next 12 months, up from 58 per cent last year. However, just 47 per cent of the 133 Canadian chief executives surveyed agreed.See the Story

GM Cutting Third Shift at Oshawa Plant, Hundreds of Jobs Affected

Doug Ford · Oshawa

GM Cutting Third Shift at Oshawa Plant, Hundreds of Jobs Affected

Coverage: 4 sources

Aerial of GM Oshawa Assembly Complex (CNW Group/Unifor) General Motors says it will end the third shift at Oshawa Assembly on Feb. 2 as the facility moves to two shifts of production, a change the company first announced in May 2025. In a press release on Jan. 29, GM said about 500 employees will be placed on layoff as part of the adjustment. In a separate statement on Jan. 29, Unifor, which represents hourly workers at the plant, said the shif…See the Story

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