Feds to Meet Jet Makers Ahead of Canada 2019 Fighter Competition
Canadian officials will meet with fighter jet manufacturers in Paris on the sidelines of the Paris Air Show as Ottawa weighs launching a competitive process to replace the CF-18 fleet with 88 new fighters. The talks include consideration of interim Super Hornets amid a 2019 competition plan and a cost estimate of 15 to 19 billion dollars.
MENTIONED IN THIS ARTICLE
Ottawa
Paris
Trudeau
Canada
Defence
Harjit Sajjan
U.S
Boeing
U.S. Commerce Department
Bombardier
Poloz signals BoC nearing rate hike as economy strengthens
Bank of Canada Governor Stephen Poloz told CBC that rate cuts in 2015 helped the economy and that signals point to a near-term rate increase. He noted momentum across multiple sectors, while cautioning over missing elements like exports and business investment.
MENTIONED IN THIS ARTICLE
Ottawa
Bank of Canada
Stephen Poloz
CBC
Poloz
Winnipeg
Carolyn Wilkins
Wilkins
U.S
Frances Donald
Manulife Asset Management
Donald
Significant doubt looms over Sears Canada future and liquidity
Sears Canada warned of significant doubt about continuing as a going concern, citing recurring losses and negative cash flow over five years. The retailer reported a first quarter loss of 144.4 million and revenue of 505.5 million, with reduced liquidity and potential layoffs uncertain. It noted 94 department stores, 23 Home stores, and 10 outlets amid ongoing restructuring.
MENTIONED IN THIS ARTICLE
Toronto
Sears Canada
Toronto Stock Exchange
Amazon
Mandeep Malik
DeGroote School of Business
McMaster University
Malik
Hudson's Bay Co
North
Vincent Power
Sears Home
Also Mentioned on This Page
Feds
the Canadian Press
Bank OF Canad
Beer Gardens
Higdon Hall
Alberta
Hat.com
Dandar
Tommy Hilfiger
Kenneth Cole
New York
Clarks
Rockport
Calvin Klein
Stacy Adams
Florsheim
Bostonian
Dockers
Nunn Bush
Clarks, Rockport and
Havaianas
Hudson's Bay
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