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In recent years, the supply chain has experienced increasing pressure from strict compliance regulations, new sustainability initiatives, and an increased focus on transparency. Platform Security and Compliance: Ensures a secure, traceable bi-directional exchange of information between supply chain partners.
CoComply , a leading SaaS company in IR35 worker classification and compliance, has been recognised as one of the most innovative companies in the UK by winning the prestigious Innovate UK Smart Grant award. CoComply plans to roll it’s technology out internationally in 2025 and 2026. Today Magazine.
million by 2026. ” For robot-based metrology system providers with an interest in capitalizing on the growth opportunities, Frost & Sullivan recommends the following steps: Work closely with automobile manufacturers to enable product innovation and ensure safety and manufacturing standards compliance. Robot arm 3D.
It is expected to close in the second quarter of BRP’s 2026 financial year. Telwater includes the Quintrex, Stacer and Savage brands. The sale is subject to certain customary closing conditions, including regulatory approval.
The agreement has a commencement date of 29 May 2023 and ends on 31 July 2026. The grant will be be paid progressively over the term of the agreement, subject to milestones and compliance by the company with its obligations under the agreement.
We got a peek at the Avinya EV, featuring a refined design with a sloping roofline, with a market launch expected in 2026. This potent combination of alternate fuels with electric technologies will have a direct impact on the ability to achieve regulatory compliance with CO2 norms and will work in favor of OEMs.
This ensures compliance with the province’s trade obligations.The new rules apply to procurements below a $121,200 threshold for goods and services in the Broader Public Sector. The government anticipates that at least $3 billion in contracts will be awarded to Ontario businesses through to 2026.
The plant had previously expected to begin production in 2026 and create around 600 jobs. Umicore says it is conducting a strategic review of its battery materials and will provide an update in the first quarter of next year.
million by 2026. Security and Compliance Issues: Traditionally, knowledge transfer is a verbal process between individuals or small teams and doesn’t account for intellectual property knowledge protection and data privacy standards. Simultaneously, the incoming workforce is smaller, creating a projected worker gap of 3.5
By July 1, 2026, all new vehicles above 2.5 Beyond 2026, light CVs (LCVs) along with medium CVs (MCVs) and heavy CVs (HCVs), will fall under the ambit of European tachograph regulations, ensuring compliance for all international transport drivers. T in international road transport must have smart tachograph version 2.
The partnership will aid LGES expand its battery manufacturers and strengthen its presence in North America in compliance with the US Inflation Reduction Act that gives subsidies for EVs made with components sourced from the region. The material will be developed at NOVONIX’s existing facilities in Tennessee.
Whilst the Plug-in Van Grant is helping, VETS is creating significant challenges for the industry as OEMs seek to maintain compliance with targets that are well above the level of natural business demand for zero emission vans. share in 2026, when there is a VETS a target of 24%. market share.
European Automobile Manufacturers’ Association has called for a speedier review of lower C02 limits slated for 2026. Volkswagen has said it is contemplating closing as many as three of its German plants, according to its chief employee representative.
In response, Rohde & Schwarz has updated its R&S CMW-KA094 eCall end-to-end (E2E) conformance test solution to ensure compliance with the latest eCall regulations and standards such as EN 16454:2023. Today Magazine.
With the EU committed to more than halving its GHG emissions by 2030, it has become imperative for automakers to balance revenues with regulatory compliance, and economics with environmental considerations. More immediately, it plans to launch ten new BEV models by 2026, including variants of existing models like the ID.3,
million by 2026 from $189.9 To capitalize on the growth opportunities, robot-based metrology system providers should: Work closely with automobile manufacturers to enable product innovation and ensure safety and manufacturing standards compliance. This triggers the demand for robot-based metrology tools across industries.
Upon maturity, all outstanding principal shall be payable on August 4, 2026, and the Company may repay the Loan at any time on notice to the Lender(s), subject to a prepayment fee. Pursuant to the Debt Financing Agreement and the GSA, the financing is secured against the assets of the Company and will bear interest at a rate of 7.5%
There are also increases in the “Modernization and Mechanization retirement lump sum,” bringing that payout to $96,250 in 2026 for eligible retirees, over and above normal pension entitlements.
Its 2026 outlook expects sales between US$44 billion and US$46.5 The company’s second-quarter sales totalled US$10.96 billion, making them almost unchanged from a year ago, when they amounted to US$10.98 The company expects to close out the year with between US$42.5 billion and US$44.1 billion in sales. billion.
Engineered for healthcare, finance, utilities, telecommunications, government, retail and manufacturing, the LM4 delivers enterprise-grade automation, compliance and cybersecurity capabilities, leveraging technology proven in military and financial networks.
This in turn, will allow the automaker to fully comply with the Euro 7 standard requiring a 27% reduction in particle emissions from brake discs by the end of 2026. To learn more, visit www.primaadditive.com or www.comau.com. Today Magazine.
The analysis of the construction phase estimated that the deal would create a peak of 3,100 jobs at the start of 2026, but that figure would fall to 1,400 by the end of 2027.
Both presidential candidates have campaigned on protectionist policies that could cause uncertainty for Canadian trade, and whoever takes the White House will be in charge during the review of the United States-Mexico-Canada Agreement in 2026.
By 2026, vehicles with embedded connectivity are expected to make up 80% of all connected vehicle sales , underscoring the importance of cybersecurity for OEMs and consumers alike. Click here to learn more However, with increased connectivity comes heightened vulnerability. .
Regulatory compliance will mean that safety features previously restricted to premium passenger vehicles will soon be available in mass market models as well. Regulatory compliance will also underpin the need for OEMs to install seat belts in all their vehicles. By 2026, all OEMs will offer ESP as a standard.
By 2026, WP.29 Collaboration and Clarity will be crucial Frost & Sullivan estimates that around 69 million new CVs will be sold by 2026, underlining the immediate need for global regulatory harmonization. 29 is anticipated to spur cybersecurity adoption in new vehicles to between 95% and 100% in key regions.
The company ended fiscal year 2023 with $185 million in cash and cash equivalents, funded primarily from its previously announced three-year $200 million credit agreement with The Carlyle Group, which matures on July 24, 2026. iRobot announced a reduction in force (RIF) of 350 employees, representing 31% of its workforce as of Dec.
per cent this year and about two per cent in 2025 and 2026. Economic growth is expected to come in stronger than previously anticipated this year. The central bank is forecasting the economy to grow by 1.5 Global growth has also been revised up to 2.8 per cent for this year.
Interim targets of at least 20 percent of all sales by 2026, and at least 60 percent by 2030, will channel supply to Canadian markets instead of going abroad, reducing customer wait times and making sure Canadians have access to the latest affordable and technologically advanced vehicles that are coming to the market in the next few years.
18’s announcement that Ford Motor Company will begin production of F-Series Super Duty trucks at the Oakville Assembly Complex in summer 2026 as well as both conventional and electrified versions of the Super Duty later this decade. Production of the current generation Super Duty is forecasted to begin in 2026.
The union says the plant’s 1,300 autoworkers will receive an immediate 10 per cent pay bump followed by an increase of two per cent next September and three per cent in July 2026.
The Liberal government has a years-long initiative to ensure all Canadian households are connected to high-speed internet, with the goal of getting to 98 per cent in 2026 and 100 per cent by 2030. The government is maintaining its commitment to spend $600 million to buy internet capacity once the system is operational.
11 that its decision to close the Sarnia site by June 2026 was made “irrespective” of the current regulatory situation. A plastics plant in Sarnia, Ont., that has been subject to recent orders and regulations from both the provincial and federal governments over benzene emissions is permanently shutting down.
.” The government is also looking to lower the debt-to-GDP ratio in 2024-25 relative to the projection in the fall economic statement, and keep deficits below one per cent of GDP beginning in 2026-27.
Given that BRP expects this process to be completed in the first quarter of Fiscal Year 2026, it does not anticipate any impacts on its current Fiscal Year 2025 guidance and will not provide comments on the progress of the process.
Freeland said she is maintaining the fiscal anchors she set for the government, keeping the deficit below $40 billion and to less than one per cent of GDP starting in 2026-27. There is $11.5 billion in new spending this year and $53 billion over the next five years.
All three sides will likely be thinking about the agreement’s six-year review clause, which requires a comprehensive assessment of the deal by June 2026. “These regular check-in points, including the one in 2026, are an opportunity to create even more certainty to extend the agreement beyond 2036.”
Bethlenfalvy now projects that a small surplus will not happen until 2026-27. That document had also eyed a return to surplus the following year, which was already delayed a year from the 2023 budget. In 2025-26, the deficit is forecast to be $4.6 billion budget forecasts real GDP growth of just 0.3
That includes setting a goal to keep deficits below one per cent of the GDP beginning in 2026-27. At a time when the Liberals are facing pointed criticism from the Opposition Conservatives for years of deficit spending, the update outlines new guardrails to demonstrate fiscal restraint.
The plant was previously expected to begin production in 2026 and create around 600 jobs. The American automaker now says it will produce 100,000 gas-powered Super Duty trucks at the plant, starting in 2026. Ford Motors Co. has opted to delay its production of electric SUVs at an Oakville, Ont., assembly plant from next year to 2027.
But Smith said last week that the province plans to run Pickering for an extra year, to 2026, and possibly refurbish it to operate for another 30 years as “unprecedented growth” in areas such as electric vehicle manufacturing means demand could increase even more quickly than previously anticipated.
Musk, who has promised autonomous vehicles before, said the company plans to have them running without human drivers next year, and robotaxis available in 2026. Last week Tesla held an event at a Hollywood studio to unveil a fully autonomous robotaxi without a steering wheel or pedals.
The agreement is due to be reviewed in 2026, and a lot could happen — especially on Capitol Hill and in the White House — between now and then. The Biden administration is also staunchly opposed to Canada’s plans for a digital services tax, which it considers a violation.
initiatives, to train and upskill employees, and to obtain unbiased data analytics for compliance of sustainability initiatives. The position paper gave examples on the different ways automation can be used to recycle materials, promote sustainable materials for Industry 5.0
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