GE announced third-quarter 2014 operating earnings of $3.8 billion, with operating earnings per share of $0.38, up 6% from the third quarter of 2013.
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TORONTO (ON), OCT. 16, 2014 - Two-thirds of mid-sized Canadian businesses surveyed by GE Capital have seen improved company performance, revenue and job growth. These companies expect this upward trend to continue over the next 12 months, predicting mean revenue growth of 7.2 percent - about twice the nominal Canadian GDP growth rate projected by the Bank of Canada.
National Shipbuilding Procurement Strategy Drives Economic Development Across Canada
Montague, PEI Oct. 10, 2014 -- Aspin Kemp & Associates (AKA) was awarded an $80M contract with GE’s Global Offshore and Marine division to provide switchboards, variable frequency drives, and other electrical components for drilling ships. The contract is underway and at its peak is expected to generate approximately 50 high-quality trades and professional jobs on Prince Edward Island.
GE announced second-quarter 2014 operating earnings of $3.9 billion, with operating earnings per share of $0.39, up 8% from the second quarter of 2013.
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(PETERBOROUGH, Ontario) -- July 15, 2014 -- General Electric (GE) Canada and Export Development Canada (EDC) are working together to identify and introduce innovative and globally minded Canadian companies into the supply chain of two GE Canada divisions in Peterborough, Ontario.
EDC, Canada's leading provider of trade financing and insurance, will introduce its Canadian technology, manufacturing and services customers to GE Power Conversion and GE Hitachi Nuclear Canada in Peterborough.
Calgary, Alberta (July 8, 2014) -- GE (NYSE:GE) and Suncor Energy (NYSE, TSX: SU) announced today the signing of two agreements which provide the opportunity for an investment of up to approximately $18 million. These agreements, involving other members from Canada's Oil Sands Innovation Alliance (COSIA), are expected to enable the development of new technologies to reduce greenhouse gas emissions and water usage in the oil sands.
Calgary, Canada, July 8, 2014 -- GE (NYSE: GE) today, announced the launch of a $1 million ecomagination open innovation challenge to help accelerate technology development in Canada's oil sands. The Innovation Challenge will target two of the biggest opportunities to reduce green-house gas (GHG) emissions in the oil sands: new uses for waste heat and improved efficiency of steam generation.
Mississauga, ON--- June 30, 2014 -- Elyse Allan, President and CEO, GE Canada, has been appointed Member of the Order of Canada by His Excellency the Right Honourable David Johnston, Governor General of Canada.
In her citation, Elyse Allan is recognized for her achievements as an innovative business leader and for her community engagement.
Mississauga, ON -- June 26, 2014 -- Canada's business leaders are embracing a "disruption-ready" innovation strategy to meet the demands of an ever changing global business environment, according to the 2014 GE Global Innovation Barometer Report on Canada, released today. The largest global survey of business executives dedicated to innovation (26 countries and 3200 respondents), the survey explores the views of senior executives on innovation and how these perceptions are influencing business decision making.
