DETROIT - General Motors Co. is facing higher costs and lower demand that may eat into the U.S. automobile giant’s profits under the tariff program imposed by President Donald Trump, UBS analysts said Thursday. UBS downgraded GM’s stock to neutral from buy and slashed its price target on the stock to $51 from $64. Analysts
Canadian individuals and businesses have long faced complicated processes to have their documents recognized abroad, often dealing with multiple legal and government entities, which makes the process time-consuming and inconsistent. Canada’s recent adoption of the Hague Convention marks a significant change, simplifying document legalization through the apostille system and streamlining how Canadians manage international documentation.
DEARBORN - Ford has announced plans to build a $900 million (1.2 billion Canadian dollars) cathode manufacturing plant in Canada together with South Korean partners EcoProBM and SK On. Located in Bécancour, midway between Montreal and Québec City in the province of Québec, the facility will provide materials to supply batteries for Ford's future electric
Michigan has long enjoyed an amicable and collaborative relationship with the province of Ontario dating back over one hundred years. The two regions have long pooled their resources to promote cross-border trade between the world’s largest economy and its northern neighbor. With both regions bordering the largest bodies of freshwater in the world, the great
Image by ElasticComputeFarm from Pixabay There are many things to do and see in the Great White North, especially if you like camping and spending time outdoors. However, it can also get very cold, and during that time of the year, gambling in Canada is the perfect way to spend your time. You can stay
DETROIT - Last week, Canada signed onto a major energy project with Germany that, once built, will transform the windswept Port au Port Peninsula in Western Newfoundland and Labrador into a hydrogen-producing energy powerhouse. The first phase of the project involves building 164 new wind turbines in one of the windiest corners of the country. The
TORONTO, Canada - FluxJet is the name of a new hybrid between a train and a jet, able to carry up to 54 passengers at over 1,000 kph (621 MPH), which is three times faster than high-speed trains and faster than a jet. This fully-electric vehicle was developed by the Toronto-based TransPod, in collaboration with various
OTTAWA, Canada - Fully vaccinated Americans and permanent residents will be allowed to enter Canada for non-essential travel beginning Aug. 9, Canadian government ministers announced Monday. The announcement marked the first step toward opening the country's border for all international tourists. Non-essential travel to Canada has been banned since March 2020, and Canada's public safety
ANN ARBOR - Joe Comartin, Canadian Consul General in Detroit, explains what steps his government has taken to combat the COVID-19 pandemic. That includes working with companies to make Personal Protective Equipment. He also updates the travel restrictions that remain at US-Canada border crossings. Comartin serves as Consul General of Canada in Indiana, Kentucky, Michigan,
OTTAWA, Ontario - Canada’s newly announced $5,000 incentive for electric vehicles is officially going into effect on May 1st next month and the federal government has released the list of eligible vehicles. Tesla vehicles are officially ineligible for the incentive. As we reported last month, the Canadian federal announced a new $5,000 incentive for electric cars with
