According to this, Brose Automotive in London has become the German automaker’s leading plant in North America. The company announced a $20-million expansion that has seen it add 150 jobs and make it a centre for advanced manufacturing. The company announced it will make 2.5 million gearboxes annually.
Read more : German-based Brose Automotive expands in London

The Honourable Peter Van Loan, Minister of International Trade, called for increased focus on free and open trade, pointing to the Canada-United States relationship as an example of a free trade success story. The message was delivered to the American Chamber of Commerce in Canada in advance of the G-8 and G-20 summits. In his remarks, Minister Van Loan highlighted Canada’s leadership in driving the free trade agenda and opening markets to Canadian businesses and Canadian workers, pointing to the continuing economic recovery as proof that the plan is working.
Read more : Van Loan promotes free and open trade in Canada

This recent report suggests that "the Canadian economy is gathering steam, with Western Canada leading the way and all provinces participating." The Provincial Outlook report, issued by BMO Capital Markets Economics, mentions that Canadian growth is expected to reach 3.4% in 2010 and 3.1% in 2011.
Read more : Canadian economy gaining steam

According to this press release, Ontario’s manufacturers are expected to receive over $1 billion in tax relief annually as a result of the Tax Plan for Jobs and Growth. This tax package will give manufacturers the eligibility for input tax credits covering all 13% of the HST on production inputs.
Read more : Ontario’s tax plan will help manufacturers build economic growth

The Honourable Christian Paradis, Minister of Natural Resources, participated in the Ninth Meeting of Asia–Pacific Economic Cooperation (APEC) energy ministers where he underscored Canada’s ability to take a lead role in global energy security. With its abundant energy resources, Canada is an energy powerhouse that can help the world meet its energy needs while reducing environmental impacts, he said.
Read more : Minister Paradis positions Canada as a key player for future energy security of APEC economies

According to the Associated Press, the upcoming 20 world leaders at the economic summit in Toronto will find themselves in a country that has avoided a banking crisis where others have floundered, and whose economy grew at a 6.1% annual rate in the first three months of this year. World leaders have noticed: President Barack Obama says "the U.S. should take note of Canada’s banking system," and Britain’s Treasury chief is "looking to emulate the Ottawa way on cutting deficits."
Read more : Canada’s economy is the envy of the world

Michigan’s largest technology business association that focuses on workforce and business development initiatives, Automation Alley, is planning a trade mission to Toronto, Ontario, and Montreal, Quebec for Sept. 27-Oct. 1, officials said Thursday. "The U.S. and Canada have the largest two-way trade and investment relationship in the world, exceeding $425 billion in 2009. It’s obvious that Canada is clearly a top destination for Michigan products and services," Ken Rogers, Automation Alley executive director said. Targeted industries on the mission include aerospace; automotive components; building products; cleantech and renewable energy technologies; defense and homeland security; general industrial equipment; IT and information communications technology and life sciences, medical devices and equipment.
Read more : Automation Alley plans trade mission to Canada

India’s second largest public sector lender Punjab National Bank (PNB) is planning an international expansion to double revenues from international operations by 2013, chairman and managing director, KR Kamath, said. "The bank is planning to start a subsidiary in Canada to tap its huge Punjabi population," he added.
Read more : PNB focuses on overseas expansion, eyes Canada

SunEdison has acquired two ground-mount solar photovoltaic (PV) development projects in Ontario from Canada based power company TransAlta. SunEdison said that the acquisition is part of its ongoing activities to accelerate the development of solar PV projects in Ontario. One of the sites will be used to develop and construct a 10MW Renewable Energy Standard Offer Program (RESOP) project. And the second site will be developed for Ontario’s Feed-in-Tariff (FIT) program.
Read more : U.S.-based SunEdison buys two solar PV projects in Ontario

Willis Re, the reinsurance arm of London-based Willis Group Holdings, announced the establishment of a new office in Toronto, Canada. The office will complement Willis Group’s existing presence in Toronto. Willis also has offices in Montreal, Vancouver and Calgary. According to this press release, Toronto is fast becoming the hub of the Canadian insurance industry, which has shown steady growth in recent years. Peter Hearn, CEO, Willis Re, said: "Adding an office in Toronto will enable us to build on our success in Canada and offer an enhanced level of service to our current and future clients."
Read more : Willis Re of London, UK opens new office in Toronto