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CAE Inc. Lays Off 300 As It Adjusts To European Military Budget Cuts
MONTREAL - CAE Inc. is making the largest cut to its workforce in nearly three years by trimming 300 jobs as the flight simulator and training company adjusts to the impact of military budget cuts in Europe.
CAE's $314M deal for Oxford Aviation Academy has analysts divided
Reaction to flight simulation and training company CAE Inc.'s recent $314-million acquisition of Oxford Aviation Academy has been mixed, with analysts weighing the benefits of potential growth against the negatives of short-term financial pressure and ...
$314-million acquisition gets CAE into pilot sourcing business
CAE Inc. is expanding its global flight training capabilities and entering the pilot outsourcing business by acquiring Oxford Aviation Academy and a subsidiary for $314-million.
Meet Canada's Ruling Oligarchy: Parasites-a-Plenty!
James Cherry: President and CEO of A�roports de Montr�al, former executive with Bombardier, Oerlikon Aerospace Inc., CAE Inc. and ALSTOM Canada Inc. Baljit Singh Chadha: Director of the Canada-India Business Council, Pesident and founder of ...
CAE's Dassault Simulators Train For Smoky Cockpits
Flight training provider CAE (Stand 468) recently completed the upgrade of its full-flight simulators for Dassault's current models to include smoke-generation capability for use in its initial training curriculum.
Goodman returns to Paladin Labs as chairman
Marie-France Coallier/Postmedia News filesJonathan Ross Goodman in 2004. Nearly 10 months after a cycling accident forced him to suspend his duties as chief executive of Paladin Labs Inc., Goodman is returning to work as company chairman.
Bombardier weighs US listing, Beaudoin family will not cede control
Pierre Beaudoin, Bombardier Inc. chief executive, says he is seriously considering a U.S. listing of the company's shares once some of its current projects, including its new CSeries, gain traction.
Bread sales take a beating as more consumers go gluten-free
Maple Leaf Foods Inc. reported lower-than-expected first quarter adjusted earnings per share of 11�, compared with 18� last year, while analysts polled by Bloomberg predicted adjusted earnings per share would be 16.8�.
Could Goldcorp be Buffett's next big buy?
Buffett, Berkshire Hathaway Inc.'s chief executive officer, said the US$204 billion company he built with takeovers and stock picks will continue to grow and that his US$34 billion purchase of Burlington Northern Santa Fe completed in 2010 “will not be ...
Winners, losers in recession-proof Canadian grocery sector
Ltd. and Metro Inc., along with their more diversified competitors in the consumer staples space such as Empire Co. Ltd. (operator of the Sobeys supermarket chain) and Canadian Tire Corp.