Business & Investment

TD Chief Economist Beata Caranci of TD Bank Group addressed a sold-out crowd of over 250 local business professionals and community leaders from across Durham Region at the City of Oshawa’s Economic Outlook Breakfast on May 7.

Chief Economist Caranci highlighted key aspects of the global, national, and Ontario economies, as well as provided a local perspective on Oshawa’s economic landscape.

As a result of a number of international economic factors, Ms. Caranci noted...
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You’re invited to attend a meeting on May 21 or 22 to learn more about the four proposed options that Metrolinx is considering to extend its Lakeshore East GO service beyond Oshawa to Clarington.

Community members are encouraged to participate by attending one of these community meetings, hosted by Metrolinx:

• Tuesday, May 21 from 6 to 8 p.m. at the Garnet B. Rickard Recreation Complex in Hall 2 (2440 Highway 2) in Bowmanville;
• Wednesday, May 22 from 6 to 8 p.m. at the...

General Motors Canada and Unifor today announced that they have reached a “Transformation Agreement” that will transition the GM Oshawa Assembly operations to parts manufacturing and advanced vehicle testing.

The Agreement includes the following:

• The Company plans to invest in excess of C$170 million to support a transition of operations at the Plant from vehicle assembly to one focused on stamping, related sub-assembly, and other miscellaneous activities for GM and...

Auto Mayors from across southern Ontario gathered in the City of Oshawa to reaffirm their commitment to the auto sector and the on-going need to keep the auto industry globally competitive.

Few businesses invest as much in innovation and capital improvements at one time and generate as much economic activity as the automotive industry. Due to the scale and planning required, automotive companies must make strategic decisions regarding technology and capital investments years in...
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