Industry News
Vancouver – After a soft launch in late 2017, Marketplace-E is being introduced by Ritchie Bros. as its latest buying and selling solution.
Des-Case Corporation, a market leader in desiccant breathers and manufacturer of specialty products that improve process equipment reliability and extend lubricant life for companies around the world, announced its acquisition of RMF Systems, an experienced specialist in desiccant breathers, filtration systems, analysis and monitoring solutions to maintain hydraulic oil and lubricant cleanliness.
Chicago, Ill. — Registration is now open for the PTDA 2018 Canadian Conference, to be held June 6-8, 2018, at the DoubleTree by Hilton Hotel Toronto Downtown, Toronto, Ontario, Canada.
The Fraser Institute’s mining survey ranks Canada as among the top global destinations for mining.
Vancouver – British Columbia's mineral and coal exploration industry grew last year for the first time since 2012, according to the second annual British Columbia mineral and coal exploration survey conducted by EY, the Government of British Columbia's Ministry of Energy, Mines & Petroleum Resources (EMPR) and the Association for Mineral Exploration British Columbia (AME).
Edmonton - Ritchie Bros. conducted its first Edmonton, AB auction of the year this week, selling more than 4,250 equipment items and trucks over three days (February 27 – March 1) for CA$60+ million (US$47+ million).
Ottawa – Rising government costs, the burden of inefficient regulations, and the lack of infrastructure to move Canadian energy to growing markets are all undermining investor confidence in Canada and negatively affecting the country’s ability to attract the capital needed to create jobs and national prosperity, according to A Global Vision for Canadian Oil and Natural Gas, the first in a series of economic reports to be released by the Canadian Association of Petroleum Producers (CAPP) in 2018.
ABB will integrate the Baldor Electric Company name into its global ABB brand as a part of its Next Level strategy, which includes harmonizing different ABB-owned brands under the global ABB master brand. Beginning March 1, 2018, Baldor Electric Company, a member of the ABB group for more than seven years, will be known as ABB.
Energy, Mines and Petroleum Resources Minister Michelle Mungall has established a B.C. Mining Jobs Task Force that will review exploration and mining in the province and find ways to strengthen this important industry.
Ottawa – British Columbia and Alberta will still be performing well this year and will be joined by Prince Edward Island, and Newfoundland and Labrador for the strongest economic growth this year, according to The Conference Board of Canada’s Provincial Outlook: Winter 2018.

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