Auctions for Auctioneers: Ritchie Bros acquisition of IAA achieves shareholder approval
Toronto, Ontario — After some bumps along the road of negotiation, the Ritchie Bros acquisition of IAA has been completed following shareholder agreement from both parties. This merger will see IAA stockholders receive $12.80 per share in cash and 0.5252 common shares of Ritchie Bros. for each share of IAA common stock they own. When […]
A Second Life, Saving Lives: Toronto donates emergency, fleet vehicles to aid Ukrainian relief effort
Toronto, Ontario — As the war in Ukraine entered its sixth month last week, every little bit of aid to the country effort counts for something, with the city of Toronto announcing last Friday that it will donate four end-of-life vehicles from its fleet, including two emergency response vehicles, to assist the civilian relief effort. […]
Stelco’s Circle: Canadian steelmaker plans to recycle EV batteries, materials at Ontario plant
Hamilton, Ontario — Canadian steel company Stelco is planning to recycle end-of-life electric vehicle batteries and lithium-ion batteries at its facility in Nanticoke, Ontario, the company announced Jan. 11. Stelco is proposing an integrated shredding and hydrometallurgical refinery at its Lake Erie Works in Nanticoke, southwest of Hamilton and near Port Dover. Alan Kestenbaum, CEO […]
Pressure’s On: Québec explores extended producer responsibility for ELV electric vehicle battery management
Montréal, Québec — Propulsion Québec has released a study to “analyze the feasibility of implementing an extended producer responsibility (EPR) mechanism in Quebec.” Extended producer responsibility (EPR) is an approach that seeks to transfer the responsibility for recovery and reclamation of materials to the companies at the origin of their marketing. Essentially, EPR acts as a […]
Impact Auto Auctions launches enhanced online platform
Mississauga, Ontario — August 23, 2016 — Impact Auto Actions has launched a new website with a modern interface and an array of enhancements. The new site, found at impactauto.ca, also offers Impact’s buying customers access to two new tools: My Auction Center, a personalized dashboard designed to streamline the process of sourcing and purchasing […]
Scout Environmental honours Golden Switch Award recipients
By Alan Sovran Toronto, Ontario — June 1, 2016 — Switch Out, Canada’s national automotive mercury switch recovery program, would like to take the opportunity to recognize the outstanding and continued efforts of the automotive recyclers that participate in the program. Over 950 businesses from across Canada have recovered mercury switches from end-of-life vehicles (ELVs) […]
