Business

From mining critical minerals to building cars and batteries, Canadian businesses and workers are attracting historic investments to help secure and create jobs, grow our economy, and keep our air clean. In the last four years, automotive and battery makers have announced more than $31 billion in investments in electric vehicle manufacturing across Canada. They want a reliable partner with ...

Qu’il s’agisse de l’extraction des minéraux critiques ou de la fabrication d’automobiles et de batteries, les entreprises et les travailleurs du Canada attirent des investissements sans précédent qui contribuent à maintenir et à créer des emplois, à faire croître notre économie et à garder notre air pur. Au cours des quatre dernières années, les fabricants d’automobiles et de batteries ont ...

Alamos Gold Inc. announced the closing of their previously announced non-brokered private placement, pursuant to which Alamos subscribed for 174,825,175 common shares of Argonaut (the “Acquired Shares”), representing approximately 13.8% of Argonaut’s total outstanding common shares (the “Common Shares”) after giving effect to the Private Placement. The Acquired Shares were acquired at a price of C$0.286 per share, for total ...

The Ontario government is working in partnership with Webequie, Nibinamik, Neskantaga, Eabametoong and Marten Falls First Nations to expand clean and reliable electricity transmission and generation infrastructure to end these communities’ reliance on diesel powered generators and support greater economic self-determination and prosperity. “We’re partnering with First Nations and northern Ontario communities to build the energy infrastructure they need to ...

Alamos Gold Inc. and Argonaut Gold Inc. are pleased to announce that they have entered into a definitive agreement whereby Alamos will acquire all of the issued and outstanding shares of Argonaut pursuant to a court approved plan of arrangement. As part of the Transaction, Alamos will acquire Argonaut’s Magino mine, located adjacent to its Island Gold mine in Ontario, ...

Many employers across Ontario, including in Northern Ontario, will see a change in their owners or leadership in the coming years. Many of these employers have developed succession plans; however, a concerningly large share remain inadequately prepared for this transition. Northern Policy Institute’s latest publication explores the state of business succession and planning across Ontario. NPI partnered with the Ontario ...

Northern Credit Union and Copperfin Credit Union, two leading financial institutions, are pleased to announce the successful completion of the due diligence phase in their ongoing merger discussions. Demonstrating a commitment to transparency and collaborative decision-making, they are presently engaged in formulating a thorough business case for regulatory approval, paving the way for a member vote to finalize this transformative ...

Maple syrup season is well underway for 2024 and producers are excited to welcome visitors and showcase the 2024 crop of maple syrup during the 8th annual Maple Weekend, April 6 and 7, 2024. Hosted by the Ontario Maple Syrup Producers’ Association (OMSPA), Maple Weekend is a fun, free, two-day, family-friendly event that celebrates Ontario’s maple heritage and invites visitors ...

Workplace Safety North (WSN) has announced the lineup of speakers for the 26th annual Mining Health and Safety Conference, set to take place from April 16 to 18 in Sudbury. The conference, themed “Inclusive mines, a safer future,” emphasizes the importance of diversity and equity in ensuring safer work environments.   More than 300 delegates are expected to convene for ...

Les gouvernements du Canada et de l’Ontario investissent plus de 1 million de dollars dans le cadre du Partenariat canadien pour une agriculture durable (PCA durable) afin de soutenir la productivité et la croissance des entreprises du secteur acéricole de la province. L’Initiative d’amélioration pour le secteur de l’acériculture soutient 77 acériculteurs grâce à une aide financière à frais partagés ...

The governments of Canada and Ontario are investing more than $1 million through the Sustainable Canadian Agricultural Partnership (Sustainable CAP) to support the productivity and growth of businesses in the province’s maple syrup sector. The Maple Production Improvement Initiative is supporting 77 maple syrup producers with cost-shared funding to support a range of activities to enhance their operations. The initiative ...

Argonaut Gold Inc. today reported financial and operating results for the fourth quarter (“Q4”) and year ended December 31, 2023. All dollar amounts are expressed in United States dollars, unless otherwise specified (CA$ refers to Canadian dollars). “In fiscal 2023, we set clear objectives for our operations. These included commissioning the Magino mine on schedule, stabilizing Florida Canyon which had ...

Le gouvernement de l’Ontario et les Premières Nations Marten Falls et Webequie ont signé une entente en vue d’aménager des infratructures communautaires pouvant soutenir des possibilités de développement de la région, y compris la construction de routes toutes saisons dans la région riche en minéraux du Cercle de feu. « Je veux féliciter le chef de la Première Nation Marten ...

The Ontario government, Marten Falls First Nation and Webequie First Nation have signed an agreement to develop community infrastructure projects that could support future development opportunities in the area, including building all-seasons roads to the mineral-rich Ring of Fire region. “I want to commend Marten Falls First Nation Chief Bruce Achneepineskum and Webequie First Nation Chief Cornelius Wabasse for their ...

The Ontario government is providing more than $3.7 million through the Northern Ontario Heritage Fund Corporation (NOHFC) to 11 mining supply and service sector companies in Northern Ontario. This investment is promoting innovation, workplace safety, business development and job creation in the mining industry. “Our government continues to send a strong signal to the world that Northern Ontario is open ...