Ford to buy cheaper CATL EV batteries in bid to catch Tesla

Ford to buy cheaper CATL EV batteries in bid to catch Tesla

Ford Motor Co FN on Thursday said it will import lower-cost lithium iron batteries for its North American electric pickup trucks and SUVs from Chinese battery champion CATL, as it works on a broader alliance with CATL and an array of separate deals to secure battery and battery materials into the next decade. Ford vice … Read more

Should investors be looking for discount stocks as prices deflate?

Should investors be looking for discount stocks as prices deflate?

Is the stock market now cheap? After the painful declines of the past few months, it may appear so. But appearances can be deceiving. A more realistic view is that Canadian and US stocks have shaken off their pandemic-era silliness and are no longer trading at wildly inflated prices. They still have a way to … Read more

Ontario government pledges $75-million to restore train service to Timmins

Ontario government pledges -million to restore train service to Timmins

The Ontario government says it is investing $75 million to restore passenger rail service to northeastern Ontario for the first time in more than a decade. Premier Doug Ford made the pre-election announcement in Timmins after traveling from Toronto on board an Ontario Northland train. The government released an updated initial business case for passenger … Read more

Frank Gehry moves one step closer to building major Toronto project

Frank Gehry moves one step closer to building major Toronto project

Gehry’s towers will bring softer, organic shapes to Toronto’s skyline.Peter Power/The Globe and Mail After a decade of planning, one of the world’s most famous architects is one step closer to building a major project in his birthplace of Toronto. A group of developers has announced they will begin condo sales this year on a … Read more