Location Canada Investment News http://www.locationcanada.com Canada Investment News en Copyright 2009 Halcyon Business Publications, Inc. All Rights Reserved 144 GM to Invest $90 Million at Ontario Plant, Recall 150 Workers http://www.locationcanada.com/CanadaInvestmentNews/11-09-09/GM-Ontario-plant-recall-workers.shtml General Motors Company (GM) will invest nearly CAN$90 million at its CAMI Automotive plant in Oshawa, Ontario, for a project that includes the retooling of the . . . National, Provincial Governments Partner on Alberta Carbon Capture Project http://www.locationcanada.com/CanadaInvestmentNews/10-15-09/government-partner-carbon-capture-project.shtml The governments of Canada and the province of Alberta will combine funding of CAN$778.8 million for a project to capture carbon emissions at the TransAlta Keephills . . . IMF Predicts Canada to Outpace the Rest of G7 http://www.locationcanada.com/CanadaInvestmentNews/10-15-09/IMF-predicts-Canada-outpace-G7.shtml Canada is on track to lead the world’s wealthiest countries out of recession next year, a testament to sound economic policy and . . . Ubisoft Investing CAN$500 Million for Ontario Studio, Creating 800 Jobs http://www.locationcanada.com/CanadaInvestmentNews/07-09-09/Ubisoft-investing-millions-Ontario-studio.shtml Video game developer Ubisoft will invest CAN$500 million to open a development studio in Toronto, Ontario, its first in the province and fourth . . . IMF: Global Economy Beginning Recovery, Canada Growth Will Double U.S. Next Year http://www.locationcanada.com/CanadaInvestmentNews/07-09-09/IMF-Canada-growth-double-US.shtml The global economy is beginning to pull out of the recession, according to the International Monetary Fund (IMF), but recovery will be . . . Software Developer Expanding, Adding 300 Jobs in New Brunswick http://www.locationcanada.com/CanadaInvestmentNews/06-30-09/software-developer-expanding-New-Brunswick.shtml Professional Quality Assurance Ltd. (PQA), a software development and information technology company, will add 300 new jobs at its offices in . . . Chrysler Completes Sale of Assets to Fiat After Supreme Court Lifts Stay http://www.areadevelopment.com/newsitems/6-10-2009/chrysler-fiat-sale-approved-completed.shtml Chrysler LLC has completed a sale of most of its assets to Italian automaker Fiat SpA, according to CNN.com . . . Canada and EU Launch Historic Economic Partnership http://www.locationcanada.com/CanadaInvestmentNews/06-04-09/Canada-EU-Economic-Partnership.shtml Canada and the EU have launched negotiations for an economic partnership . . . GM Canada Eliminating 245 Dealers http://www.locationcanada.com/CanadaInvestmentNews/05-20-09/GM-Canada-eliminates-dealers.shtml General Motors (GM) Canada has notified 245 dealers that they will not renew their franchise agreements when they expire in October 2010 . . . Montreal’s New Laval International Network http://www.locationcanada.com/CanadaInvestmentNews/05-13-09/Montreal-laval-international-network.shtml LAVAL TECHNOPOLE International Business Centre has created the Laval International Network . . . Canadian Auto Workers Agree to Concessions With Chrysler, Extending to GM, Ford http://www.areadevelopment.com/newsItems/4-27-2009/canadian-auto-workers-chrysler-concessions.shtml Unionized auto workers in Canada have agreed to concessions in their contracts in an agreement that was approved with Chrysler Canada . . . Ambassador: U.S. and Canada Working Together on Automotive Restructuring http://www.areadevelopment.com/newsItems/4-22-2009/united-states-canada-auto-restructuring.shtml Canada's ambassador to the United States says his country and the United States are both working closely with . . . Obama Administration Says It Will Not Renegotiate NAFTA http://www.areadevelopment.com/newsItems/4-21-2009/obama-nafta-kirk-no-renegotiation.shtml The administration of President Barack Obama will not need to renegotiate the North American Free Trade Agreement (NAFTA), in spite of statements . . . Government of Canada Announces Auto Sector Initiative http://www.locationcanada.com/CanadaInvestmentNews/04-16-09/canada-announces-auto-sector-initiative.shtml Industry Minister Tony Clement has unveiled a government-backed program to help Canada's automotive industry through the recession . . . Fiat to Chrysler: Cut Labor Costs or the Merger's Off http://www.areadevelopment.com/newsitems/4-15-2009/chrysler-fiat-merger-danger-cancel.shtml Italian automaker Fiat SpA will abandon its proposed merger with Chrysler LLC unless Chrysler's American and Canadian unions . . . Vale Inco Begins Construction on Newfoundland Nickel Processing Plant http://www.locationcanada.com/CanadaInvestmentNews/04-14-09/vale-inco-newfoundland-nickel-plant.shtml Mining giant Vale Inco has formally begun construction on a CAN$2.2 billion nickel processing plant in Long Harbour, Newfoundland, according to the CBC . . . Canadian Government Rejects GM, Chrysler Restructuring Plans http://www.areadevelopment.com/newsItems/3-30-2009/canada-gm-chrysler-restructuring-rejected.shtml Following the United States' lead, the Government of Canada has rejected restructuring proposals for the Canadian subsidiaries . . . Survey: Canadian Manufacturers See Signs of Recovery in Future http://www.locationcanada.com/CanadaInvestmentNews/03-30-09/Canadian-manufacturers-see-recovery-future.shtml Optimism is growing among Canadian manufacturers and exporters for an improvement in economic conditions, according to the . . . Ontario Budget Cuts General Corporate Income Tax Rate to 10 Percent By 2013 http://www.locationcanada.com/CanadaInvestmentNews/03-27-09/ontario-cuts-corporate-income-tax.shtml As part of its fiscal year 2009-2010 budget, the Government of Ontario will cut the general corporate income tax rate to 10 percent by 2013 . . . Canadian Solar Company Investing $500 Million to Build Facility in Ontario http://www.areadevelopment.com/newsitems/3-26-2009/canada-ontario-everbrite-solar-photovoltaic.shtml Everbrite Solar, a division of Canadian industrial and electrical firm Everbrite Industries, will invest CAN$500 million to locate a photovoltaic . . .