Ontario, feds pledge to kick in $100M each for Ford $1B Oakville ...
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OAKVILLE, Ont. (CP) - Ford Canada&#39;s $1-billion expansion of its plant in Oakville, Ont., was promised $100 million each from the federal and provincial governments Friday, a deal that the automaker says will save jobs and boost the economy.
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DETROIT -- Ford Motor Co. plans to expand buyout and early retirement offers to the company's entire U.S. hourly work force of 75,000 as part of a broader restructuring plan aimed at restoring the troubled No. 2 automaker to profitability.
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A partial flotation of Maroc Telecom should raise about $1bn (Â£0.52bn) for Morocco's public finances.
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Ford said its estimated $11.18 billion accelerated overhaul plan would go toward programs to lay off employees.
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SBC will design, build and manage the Internet phone system for Ford&#39;s headquarters in Michigan. The project -- valued at an estimated $100 million -- is likely to be completed in the next three years.
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The package is expected to include more than $100 billion in one-time tax rebates for individuals and an opportunity for businesses to rapidly write off their capital investments.
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Ford Motor Co.  is selling British luxury car maker Aston Martin to a group fronted by former Benetton and BAR motor racing boss David Richards in a deal worth 479 million pounds ($925 million).
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Canada&#39;s richest people are richer than ever, as the Canada&#39;s 100 wealthiest people have a total net worth over 100 billion US dollars, up by about 7.2 billion US dollars from
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An agreement by the Roman Catholic Diocese of Orange to pay $100 million to settle 87 sex-abuse claims against priests probably will set a standard that
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A tax-break battle has broken out in Canada over millions of dollars in Hollywood film deals, after Ontario boosted incentives for movie makers in a bid to offset pressure from a soaring Canadian dollar.
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Ford Motor Co. will build a new center for fuel cell development as part of an $820 million upgrade at its Toronto-area assembly operations, the company plans to announce today.
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OAKVILLE, Ontario - The provincial government still is negotiating the final details of its participation in Ford Canada&#39;s $1 billion project to build a new manufacturing plant.
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A plan to raise $100 million by charging for parking near a new stadium is one of the top proposals in the city's bid to find private money to finance the ballpark.
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TORONTO (CP) - Ontario wants at least &#36;5 billion from the federal government in compensation for new agreements between Ottawa and the governments of Newfoundland and Nova Scotia, Premier Dalton McGuinty said Tuesday.
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DEARBORN, Mich. -- Ford Motor Co. said Monday it plans to get about $18 billion in financing in part to address near- and medium-term negative operating-related cash flow and fund its restructuring.
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OTTAWA - Business owners in Ontario could soon be filling out a single tax form, instead of two. Premier Dalton McGuinty has announced he&#39;s working with the federal government to consolidate corporate income-tax collection.
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ChannelNet announced today that Ford's current "0% percent financing for 72 months" promotion has produced record-breaking traffic on Ford's extensive network of Web sites. Web site traffic was up 70% and new inventory searches grew 100% during the week following the launch of the promotion.