In mid-April, Alamos Gold held a groundbreaking ceremony for its Island Gold Mine expansion. The expansion will increase production, lower costs, and be an economic engine for the Algoma region, in northern Ontario.
Exchange Income Corporation (EIC), a diversified, acquisition-oriented company focused on opportunities in the aviation, has announced the acquisition of two additional companies, one of which is the largest acquisition in the company’s history.
Wawa OSB Inc. recently received a grant of $15 million over four years from the Ontario government through the Forest Sector Investment and Innovation Program. The program aims to support a new plant that will produce oriented strand board (OSB), an important material for building new homes. The investment is intended to build a stronger forestry sector, create jobs, and bring economic growth to northern and Indigenous communities.