Results for Ottawa
- Air Canada Workers Target Vancouver Olympics for Strike
The Vancouver 2010 Winter Olympics have become a bargaining chip at Air Canada as the country's largest airline tries to overcome labour strife and avoid filing for bankruptcy protection, The Globe and Mail reported. Air Canada mechanics and tec ...
Daily Headline - global.abi.org - 07/02/2009 - 10:00 - 0 comments
- Business Leaders See New Opportunities in Nortel’s Demise
Business and political leaders are reacting with a surprisingly philosophical sense of calm to the final breakup of Nortel Networks, the Financial Post reported on a Canwest News story. New owners will replace old ones, they say, and there’s still op ...
Daily Headline - global.abi.org - 06/24/2009 - 10:27 - 0 comments
- Nokia Siemens to Keep 800 Nortel Employees in Canada
Nokia Siemens Networks says it will hang onto about 800 Canadian employees of Nortel Networks Corp. as part of the plan to buy a major portion of the former technology giant's wireless business, The Canadian Press reported. Simon Beresford-Wylie, ch ...
Daily Headline - global.abi.org - 06/23/2009 - 08:53 - 0 comments
- Nortel Breakup Signals R&D Power Shift
The federal government could have prevented the liquidation of Nortel Networks Corp. with a massive bailout, but instead Ottawa has decided that the best way to salvage something from the biggest corporate bust in Canadian history is to help fund a fore ...
Daily Headline - global.abi.org - 06/22/2009 - 09:05 - 0 comments
- Ottawa’s W.C. Wood Files for Protection
One of Putnam County's largest employers is seeking protection from its creditors in a Canadian court, LimaOhio.com reported. W.C. Wood Corp., a Canadian manufacturer with a plant in Ottawa, filed a Companies' Creditors Arrangement Act applicat ...
Daily Headline - global.abi.org - 05/21/2009 - 11:15 - 0 comments
- Canada Extends Lifeline, Takes Stake in Chrysler
Canada's government will take an ownership stake in troubled automaker Chrysler in exchange for more than $2 billion in loans, under a sweeping North American rescue plan, government officials said on Thursday. Chrysler filed for Chapter 11 bankrupt ...
Daily Headline - global.abi.org - 05/01/2009 - 07:17 - 0 comments
- Canada to Backstop Chrysler During Bankruptcy Filing
Chrysler LLC is expected to file for bankruptcy protection in the United States by the end of the week and the Canadian and Ontario governments will jump in to help backstop the company with financing that will enable it to keep making and selling cars w ...
Daily Headline - global.abi.org - 04/30/2009 - 07:49 - 0 comments
- Clement Says Canada Plans for GM, Chrysler Bankruptcy
Canada is preparing contingency plans in case General Motors Corp. and Chrysler LLC seek bankruptcy protection, Industry Minister Tony Clement said. “We have made a lot of contingency plans,” Clement told reporters in Ottawa today. “Our plan A is moving ...
Daily Headline - global.abi.org - 04/24/2009 - 07:23 - 0 comments
- Ottawa, Chrysler Go Public Ahead of CAW Negotiations
The key players who will determine whether Chrysler LLC has a future in Canada are digging in their heels, increasing the danger that a rescue effort could collapse, the Globe and Mail reported. The campaign to convince the Canadian Auto Workers to o ...
Daily Headline - global.abi.org - 04/17/2009 - 08:49 - 0 comments
- Ottawa Jumps Into the Car Warranty Business
The federal government says it wants to protect consumers and parts suppliers faced with a potential bankruptcy filing by General Motors of Canada or Chrysler Canada by backstopping their warranties on new car sales and bolstering support for the parts m ...
Daily Headline - global.abi.org - 04/08/2009 - 07:13 - 0 comments