Canadian Developments: New Battery Factory and Leadership Changes

Top stories from Canadian newspapers include the construction of a $57M battery assembly factory by Malahat Nation and Energy Plug Technologies on Vancouver Island, the resignation of CSSB chair Charles-Antoine St-Jean, and CEO John Sicard's departure from Kinaxis at the end of 2024.

The Globe and Mail reports that Malahat Nation and Energy Plug Technologies are set to begin construction on a $57 million battery assembly factory on Vancouver Island. This initiative promises to offer a new economic base and generate job opportunities in the region.

In leadership news, Charles-Antoine St-Jean has resigned as the chair of the Canadian Sustainability Standards Board (CSSB). Interim leadership will be provided by director Bruce Marchand, while the board searches for a permanent replacement.

Additionally, Kinaxis announced that its CEO John Sicard will be leaving the company at the end of 2024. This transition marks a significant change in the company's leadership structure.

(With inputs from agencies.)