Springer Aerospace to be sold locally, founder says financial worries behind them
Springer Aerospace in Echo Bay, Ont. has found a way out of its reported $5.7 million debt – all while remaining locally owned and operated.

Springer Aerospace in Echo Bay, Ont. has found a way out of its reported $5.7 million debt – all while remaining locally owned and operated.
As COVID-19 cases continue to rise as well as other respiratory infections, local health officials are encouraging people to masks up.
Personal finance contributor Christopher Liew explains how First Home Savings Accounts work, who’s eligible for the program, and outlines the contribution rules.
Opening a Registered Education Savings Plan (RESP) is a great way to fund your child’s future education. Personal finance contributor Christopher Liew outlines the contribution rules for RESPs and explains how to find out how much contribution room you have left so that you can avoid penalties.
If you're like many would-be vehicle shoppers, you may be wondering when prices will finally drop. The good news is that the vehicle market seems to be finally stabilizing, says personal finance contributor Christopher Liew.
Personal finance contributor Christoper Liew shares the latest information about who’s eligible for the grocery rebate, when they can expect their payments, and some helpful tips on making the most of your grocery rebate.
As a former financial advisor, I’ve always been fascinated by how the 'culture' around money differs from one region of the world to another,' writes personal finance commentator Christopher Liew. 'Today, I’ll outline some of the interesting money habits that I’ve noticed while travelling the globe, starting with some of our own!'
A northern Ontario forest fire that started west of Sudbury on Sunday morning has grown to more than 1,000 hectares and has prompted officials to issue an evacuation order for the immediate area as the number of active fires in the region grows.
Two lucky lottery ticket holders in British Columbia and Ontario will split the $70 million Lotto Max jackpot.
Poor air quality is forecast to persist into the weekend across parts of Ontario, as plumes of wildfire smoke blanket the province and prompt school boards to limit outdoor activities.
A northern Ontario doctor has been stripped of his medical licence for conduct described as “disgraceful, dishonourable or unprofessional.”
Ontario Provincial Police in Elliot Lake have charged one person with violating the fire ban following an incident June 6 on Bennett Drive.
A dog has been shot dead by police after three people were attacked in Burlington Tuesday afternoon, police say.
While firefighters get more forest fires under control in northern Ontario, travel restrictions declared under an emergency order are being expanded in several communities, including immediate evacuation orders for an area west of Sudbury.
Canada is expanding the list of countries whose residents are eligible to visit this country without a travel visa.
The Bank of Canada raised its overnight rate by 25 basis points to 4.75 per cent on Wednesday, its first increase since pausing hikes in January.
Some flights into the New York City area on Wednesday were delayed and some briefly halted because of reduced visibility from wildfire smoke from Canada.
With the latest hike bringing Canada's key interest rates to levels not seen since 2001, one mortgage broker is warning that it may be 'the last straw' for some homeowners with variable mortgages.
The Bank of Canada raised its overnight rate by 25 basis points to 4.75 per cent on Wednesday, its first increase since pausing hikes in January.
World Wrestling Entertainment legend The Iron Sheik has died. He was 81.
It's been a busy, tumultuous few days for Prince Harry, the Duke of Sussex as he took his place on the witness stand in his trial against the Mirror Group Newspapers. Here are royal commentator Afua Hagan's top takeaways from his two-day grilling.
Prime Minister Trudeau and federal officials give an update on wildfires across Canada. Watch LIVE here.