News Service

  • 23 hours ago
    The Business Development Bank of Canada (BDC) has won the Outstanding Development Project Award from the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP). BDC won the award in the ‘Corporate Social Responsibility’ category for its project that helps the development of certified beneficial corporations, a new kind of company designed to solve social and...
  • 23 hours ago
    Montreal-based Glen Eagle Resources Inc. and Brisbane, Australia-headquartered Sayona Mining Limited have signed a letter of intent for Sayona Mining to purchase Glen Eagle’s Authier lithium property for C$4 million. Sayona Mining specializes in sourcing, exploring and developing lithium and graphite assets on several continents. Glen Eagle Resources Inc. is a mining company with assets in Quebec...
  • 2 days ago
    Ontario’s Deputy Premier Deb Matthews and Minister of Citizenship, Immigration and International Trade Michael Chan recently returned from leading a trade and investment promotion mission to China. Deals signed on the mission include the renewal of a friendship agreement with Henan Province that was first signed in 2007 and an agreement that will see Markham-based Menergy Corporation collaborate...
  • 2 days ago
    Toronto area-based William Osler Health System and India-based Apollo Hospitals have signed a memorandum of understanding to collaborate on research on diseases such as diabetes, cancer, and cardiovascular diseases. The organizations will also initiate a pilot project to enhance the continuity of care for patients with complex needs traveling between India and the Toronto area for extended...
  • 3 days ago
    SkyPower, a solar energy company headquartered in Toronto, has signed agreements with Mumbai, India-based engineering, procurement and construction company Sterling & Wilson for the construction, operation and maintenance of seven solar power projects to be built in India. Construction of the 50-megawatt (MW) projects will begin in late 2016. Three of the projects (150 MW) are in the state of...
  • 3 days ago
    Export Development Canada (EDC), the Canadian Trade Commissioner Service (TCS) of Global Affairs Canada and the Government of Alberta have collectively developed a webinar entitled “The Next Big Opportunities in India’s Oil & Gas Sector,” which will take place from 10:30-11:30am ET on May 4. The webinar will include a discussion of upcoming procurement opportunities at India’s Oil and Natural...
  • 6 days ago
    Japan's space agency has abandoned its efforts to restore the operations of a multimillion-dollar satellite that was to probe the mysteries of black holes using X-ray telescopes. The Japan Aerospace Exploration Agency announced Thursday that it would stop trying to fix satellite Hitomi, in which Canada was a partner with eight other nations, after determining that it was “highly likely” that its...
  • 6 days ago
    Toronto-based private equity investment firm Onex Corp. and its affiliates have completed the sale of KraussMaffei Group to China National Chemical Corp. for US$1 billion. KraussMaffei Group is a supplier of machinery and systems for producing and processing plastics and rubber, Onex acquired KraussMaffei Group in December, 2012, with an investment of US$358 million and has received proceeds of...
  • 6 days ago
    Indian health tech firm Indegene Lifesystems has acquired Canada-based Skura Technologies for C$9 million to expand its technology offerings to life sciences and pharmaceutical companies. Skura, with offices in Oakville, Ontario, focuses on the North American market and provides technology to help pharmaceutical companies sell more effectively to doctors. Bengaluru-based Indegene provides...
  • 7 days ago
    Air Canada has introduced the only non-stop flights from Vancouver to Delhi, India, beginning Oct. 20, 2016, in time for Diwali festivities. Flights will operate three times weekly from Oct. 20, 2016, to April 8, 2017, serviced by Air Canada's Boeing 787-9 Dreamliner aircraft, and will complement Air Canada's Toronto-Delhi non-stop service launched last fall.
  • 7 days ago
    Nova Scotia Premier Stephen McNeil announced a strategy to increase his province’s trade ties with China. The strategy will focus on the province’s competitive strengths in areas such as seafood products and education. It will seek to strengthen relationships within the Chinese business community and support Nova Scotia businesses that already have access to China’s market. China is currently...
  • 7 days ago
    The Asia Pacific Foundation of Canada (APF Canada) today announced the release of The Asia Factor in Atlantic Canada, the first comprehensive study of the current impact and future opportunities that Asia presents to the Atlantic Canadian economy. The project represents the Atlantic side of The Asia Factor, a nationwide, multi-year project launched in September 2014 by APF Canada that examines...
  • April 27, 2016
    C2 Montréal has announced that 300 Chinese delegates, the largest ever business mission to Canada, will participate in the 5th edition of its business conference to take place from May 24 – 26, 2016. Some 200 of the delegates are business leaders and entrepreneurs from various sectors such as technology, media, finance, education and energy, while 100 are government-related.
  • April 27, 2016
    Hainan Airlines is launching a new Beijing-Calgary trans-Pacific route June 30, 2016. The route will initially operate three times a week (Tuesdays, Thursdays and Saturdays), direct from Beijing, before the addition of a Sunday service in October 2016. Outbound flights will depart Beijing at 1600 and arrive at Calgary International Airport at 1305. The return flights then will leave the Alberta...
  • April 27, 2016
    Dongfeng Getrag Transmission Co. Ltd., a 50/50 joint venture formed in 2012 between Canada-based Magna International Inc. subsidiary Getrag and Dongfeng Motor Group, has started serial production at its plant in Wuhan, China. The plant is manufacturing a dual-clutch transmission with a new compact gear design for small and compact cars that was developed jointly by the joint venture partners for...
  • April 27, 2016
    Canada’s Minister of Agriculture and Agri-Food Lawrence MacAulay concluded an agricultural trade mission to Japan and South Korea Tuesday where he was joined by representatives from the Canadian meat, grain and oilseed sectors. In Tokyo, Minister MacAulay met with the Grain Importers Association and the Japan Flour Millers Association to promote sales of Canadian wheat, as well as the Japanese...
  • April 26, 2016
    The Canadian Trade Commissioner Service (CTCS) in China has released a video entitled, “China and the Internet.” The video promotes the potential for growth available in Chinese e-commerce, outlines the Internet regulatory environment, and discusses business strategies for Canadian small and medium sized enterprises (SMEs). The video is part of the CTCS’s Canadian SME Gateway to China series, an...
  • April 26, 2016
    As part of its ongoing Canada-Asia Agenda series, APF Canada has released an analysis of social media use in China, where the number of social media users is projected to surpass 500 million by 2017. In “Social Media in China: What Canadians Need to Know,” Lotus Ruan and Timothy Cheek of the University of British Columbia take a look at both the political and non-political uses of Chinese social...
  • April 26, 2016
    The Tourism Industry Association of Canada (TIAC) and Destination Canada (DC) have announced a new plan to tap the potential of the growing Chinese market. The Canada-China Tourism Advancement (CCTA) program was announced on Monday at Canada’s international tourism conference Rendez-Vous Canada 2016. It expands on existing accreditation programs to help tourism operators make Canada Chinese...
  • April 25, 2016
    Canada will host the first Canada China International Film Festival (CCIFF) in Montreal in September in a bid to further co-operation between filmmakers in both countries in tapping the burgeoning Chinese market, worth an estimated US$6.8 billion in box office revenue in 2015. CCIFF will showcase new filmmaking technologies and includes an international conference called, Women's Voice in Film...

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