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Plummeting oil demand forces Newfoundland refinery closure

March 30, 2020

Newfoundland’s only refinery is shutting down, the first North American fuel maker to be idled as the coronavirus outbreak crushes demand worldwide. North Atlantic Refining Ltd. will idle the Come by Chance refinery, VOCM radio reported on its website, citing Glenn

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Companies choose transparency for customers with COVID-19 concerns

March 30, 2020

As people continue to self-isolate amid fears of the potential risk of contracting COVID-19, companies are moving to reassure everyone that their supply chain, workplaces and products are safe. “During this time of heightened concern over COVID-19 we want to

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COVID-19 economic outlook bleak until Q4

March 27, 2020

The Canadian Manufacturers & Exporters Chief Economist analysis of the impacts of the COVID-19 outbreak on the global and Canadian economy – and what this means for companies in the short and long-term – will be bleak until the approach

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Magna adjusts to reduced production amid COVID-19 pandemic

March 27, 2020

Magna International Inc. has shared an update on a number of actions related to the COVID-19 pandemic, as productions schedules are dialed back across the company’s operations. “During this unprecedented time, we remain focused on the health and safety of

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COVID-19 economic relief updates

March 26, 2020

Ontario’s one-year plan for the economy, totalling $17 billion to address the spread of COVID-19, will delay the provincial budget until the Fall, to focus on the health care system first. According to a statement from the Canadian Manufacturing Coalition however,

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Panic buying places extra pressures on food processors, suppliers

March 26, 2020

With panic buying of goods still an issue, the pressures placed on the supply chain and on food process manufacturers can be considerable. That is why many companies are leaning heavily on accurate measurement tools to ensure that inventory is

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Executive teams take pay cuts to cope with coronavirus challenges

March 26, 2020

Murray Mullen says he was focused on the bigger picture when he approached senior executives and directors at his trucking and logistics business about taking pay cuts in response to the COVID-19 crisis. The chief executive of Mullen Group Ltd. projected how the virus

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FPAC urges swift implementation of $107B federal support package

March 26, 2020

Following the federal government’s $107 billion emergency COV1D-19 support package for Canadian workers and businesses, the Forest Products Association of Canada (FPAC) is calling for swift implementation of these emergency measures. “The current situation is unprecedented and we cannot overstate the

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Petrochemicals to make medical devices see prices surge

March 25, 2020

By Renzo Pipoli / Petrochemical Update Prices for chemicals that are used to make medical supplies such as syringes, catheters, beds as well as protective garments have surged amid overwhelming demand related to the coronavirus spread. Even in cases where

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No-touch restrooms gain popularity as COVID-19 spreads

March 24, 2020

Recent world events have underscored just how important it is to human health to avoid touching surfaces in public places. Germ survival rates on surfaces vary widely; however, even a few hours are too long and can promote the spread