OTTAWA — The federal government is buying at least 14 Boeing surveillance planes from the United States to replace the aging CP-140 Aurora fleet, cabinet ministers announced Thursday. The deal costs more than $10 billion in total, including US$5.9 billion for the jets themselves, and the planes are expected to be delivered in 2026 and 2027. "These aircraft are not just planes, they are complex weapon systems. And the Poseidon has a proven capability with a track record of success," Defence Minis
MONTRÉAL, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Today, Bombardier and GDMS-C employees, as well as Canadians, political and industry leaders, and suppliers, who have very vocally supported Canadian talent, are all equally disappointed that their Canadian government has decided to award a generational contract without an open and fair competition, and without fully evaluating its home-grown industry’s multi-mission aircraft capabilities. Despite multiple conversations with the government, where we re
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,116.20, up 79.43 points): Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up $1.44, or 1.62 per cent, to $90.18 on 12.4 million shares. Suncor Energy Inc. (TSX:SU). Energy. Up 31 cents, or 0.70 per cent, to $44.83 on 9.8 million shares. Great-West Lifeco Inc. (TSX:GWO). Finance. Down 46 cents, or 1.06 per cent, to $43.05 on 9.7 million shares. First Quantum Minerals Ltd. (TSX