Saskatoon-based fertilizer firm Nutrien Ltd. is selling most of its 32-per-cent stake in Chilean fertilizer and lithium producer Sociedad Quimica y Minera de Chile S.A. (SQM) in a US$4.1-billion deal. The stock sale to China's Tianqi Lithium Corp., based in Chengdu, Sichuan Province, was a regulatory requirement stemming from the January, 2018 merger of Calgary-based Agrium Inc. and Potash Corp....

Husky Oil Operations (China) Limited, a division of Calgary, Alberta-headquartered Husky Energy, has signed two production sharing contracts (PSCs) with China National Offshore Oil Corporation’s CNOOC Limited. The PSCs are for two exploration blocks located in the Beibu Gulf of the South China Sea. According to the terms of the PSCs, Husky will act as the operator during the exploration period...

Organigram Holdings Inc., a leading licenced producer of medical marijuana based in Moncton, New Brunswick, today announced that it has received a Permit to Export Cannabis from Health Canada that will allow the company to begin its first international shipments. Organigram will now be able to ship dried cannabis products to Cannatrek Medical PTY Ltd., a licenced Australian medical cannabis...

The Asia Pacific Foundation of Canada (APF Canada) is seeking the services of research organizations, polling firms, or other bodies to conduct business surveys and interviews in major Asian economies, including China, India, Japan, South Korea, Singapore, and Vietnam. APF Canada seeks to gauge the attitudes of Asian business leaders and policy experts towards deeper economic engagement with...

Minister of Agriculture and Agri-Food, Lawrence MacAulay, is in China for a week-long mission to showcase Canada's agri-food and seafood, help grow exports for Canadian products and strengthen the trading relationship between the two countries. Minister MacAulay will take part in a number of events from May 14 to 18, including meetings with leading Chinese companies such as e-commerce giant...

Guelph, ON-headquartered Canadian Solar Inc., one of the world's largest solar power companies, today announced that its 35 MWp commercial and industrial (C&I) solar portfolio in the state of Karnataka, India reached commercial operation in March 2018. The 35 MWp project is located in Bagalkot District of Karnataka and is expected to generate approximately 54,000 MWh of clean solar power...

Guelph, ON-headquartered Canadian Solar Inc., one of the world's largest solar power companies, today announced it has acquired exclusive rights to develop an 8 MWp solar photovoltaic (PV) project in Gangwon Province, South Korea, the Company's first solar project there. The construction of this project will start in early 2019. The South Korea solar market is not new to Canadian Solar. In 2008,...

Guelph, Ontario-headquartered Current Water Technologies Inc. (CWTI) and sponsor Canada China Trade Innovation Alliance (CCTIA) will participate in the 2018 China Langfang International Economic and Trade Fair jointly organized by China's Ministry of Commerce and the People's Government of Hebei Province from May 18 to May 21, 2018. The trade fair will introduce the international business...

Halifax, Nova Scotia-headquartered DHX Media Ltd. is selling nearly half of its stake in the Peanuts entertainment business to a Sony Corp. division for C$237 million, a move the animation company said would help reduce its debt load and improve its operating results. DHX will retain 41 per cent of the Peanuts empire, while Sony Music Entertainment (Japan) Inc. will own 39 per cent. The family of...

Dartmouth, Nova Scotia-headquartered Acadian Seaplants' subsidiary company Acadian Seaplants India, is looking to expand its footprints in the country and has reportedly opened a processing facility in collaboration with Standard Pesticides at Vadodara, Gujarat. Acadia Seaplants has also partnered with 13 Indian agricultural colleges to test their products in India. The company produces seaweed-...

Agriculture Minister Lawrence MacAulay and Deputy Minister Chris Forbes will travel to China today for a trade mission aimed at promoting Canadian agricultural trade. According to a report in iPolitics, the Federal Government is under increased pressure from export dependent agriculture groups who say they need improved access to the Chinese market, arguing that country's growing middle class is...

The Greater Vancouver Board of Trade released its Greater Vancouver Economic Scorecard 2018 today ranking 20 metropolitan regions around the world on 38 different economic and social issues. Produced in partnership with The Conference Board of Canada, Scorecard 2018 measures regions on 22 economic indicators, including average income, employment, productivity, tax competitiveness, port container...

Richmond, B.C.-headquartered Zecotek Photonics Inc.'s new subsidiary, Zecotek Imaging China Ltd., has retained the law firm Lexinter Law Group in Shanghai to safeguard the new manufacturing facility that will produce Zecotek's patented LFS scintillation crystals in China. Zecotek announced May 8 that its Chinese subsidiary is moving to open a wholly owned and operated LFS crystal production...

Apotex Australia, an affiliate of Apotex Inc., headquartered in Toronto, has announced a proposed merger of its Australian and New Zealand generic pharmaceutical and over-the-counter (OTC) operations with Arrow Pharmaceuticals. The proposed merger is still subject to several conditions, including approval from the Australian Competition and Consumer Commission and due diligence. The combined...

Export Development Canada (EDC) has announced the signing of two new Memoranda of Understanding (MOU) that will allow for a more co-ordinated approach to future joint transactions that will benefit Canadian exporters. One of the MOUs is with Export Credit Guarantee Corporation of India (ECGC), and the other with the Hungarian Export-Import Bank. The new agreements will improve the efficiency of...

Toronto-headquartered Canada Pension Plan Investment Board (CPPIB) and Germany’s Allianz Capital Partners, the in-house asset manager for alternative investments of the Allianz Group, has agreed to take 55 percent of the units in an infrastructure investment trust backed by a subsidiary of Larsen & Toubro Ltd. L&T Infrastructure Development Projects Ltd’s (IDPL), which is scheduled to...

Toronto-headquartered Canada Pension Plan Investment Board (CPPIB) and Singapore’s sovereign wealth fund GIC Private Ltd., established in 1981 to manage Singapore’s foreign reserves, have formed a joint venture to buy a landmark office building in Seoul for C$497 million. In a statement posted on its website, GIC said the joint venture will acquire the 29-story building Kumho Asiana Main Tower,...

Republic TV, India's leading English-language news channel, has entered the North American market by way of having its linear programming content aired nationally in Canada on a 24-hour licenced Canadian news service of Asian Television Network International Ltd. Founded by journalist Arnab Goswami last year, Republic TV has a diverse schedule of shows including news and interview programming, as...