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Canada: Companies
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This year, MBNA Canada is recognizing 72 volunteers who qualify for the company's Volunteer Service Donation Program. MBNA associates qualify by volunteering 40 or more hours with a particular charitable organization in a calendar year.
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Lowe's announced in 2005 its intentions to open six to 10 stores in the Greater Toronto Area in fiscal 2007, with as many as 100 stores in Canada over time. The company opened its Toronto office in 2006 and has more than 100 employees in the office. Hiring fairs began Sept. 15 for store employees. Each new store will create up to 175 local jobs and represents an average investment of more than $18.9 million CDN ($18.5 million USD).
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EDULINX is the leading student loan service provider in Canada, offering portfolio administration services to the federal and provincial government sponsored student loan industry. EDLULINX currently employs approximately 600 people servicing approximately one million student loans totaling approximately $7 billion. The company is based in Mississauga, Ontario and additional information is available at www.EDULINX.ca.
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The Richmond operations will be consolidated into Sonoco's flexible packaging plant at Mississauga, Ontario, Canada. The consolidation is part of the Company's previously announced plans in 2003 to reduce its overall cost structure and is expected to result in significant savings.
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