News Service

  • 4 hours ago
    To coincide with Chinese New Year, CIBC and UnionPay International have announced a partnership to offer RMB money transfers to China without remittance fees. Chinese New Year is one of the busiest times for sending money to China. In 2015, approximately US$4.2 billion was sent to China from Canada, about one-fifth of Canada's total global remittances. CIBC is a Toronto-based financial services...
  • 4 hours ago
    Vancouver-based Lithium Energy Products Inc. has signed a memorandum of understanding to provide lithium to Chinese cathode manufacturer Sichuan Zhiyuan Lithium Industries (SZLI), a subsidiary of Shehong Zhiyuan Industry Co. The agreement calls for 200 tonnes per month of industrial-grade lithium chloride and lithium carbonate, and 1,500 tonnes per month of industrial-grade lithium chloride brine.
  • Yesterday
    Brivia Group, a real estate developer based in Montreal, and Gansu Tianqing Real Estate Group of China have announced the start of construction on their new real estate project in downtown Montreal. The development, aimed at the high-end rental market, will be 19 storeys in height and will feature 176 units. Work is scheduled for completion in July 2018.
  • Yesterday
    EVENTS: Opportunities for Canadian Companies in Southwest China – Vancouver, Toronto, Montreal Philippe Rheault, Canada’s Consul General in Chongqing, will be the featured guest at events in Vancouver (January 17), Toronto (January 20), and Montreal (date TBC) to discuss opportunities for Canadian businesses in southwest China including Chongqing and the provinces of Sichuan, Yunnan, and...
  • 4 days ago
    The Asia Pacific Foundation of Canada invites you to its Vancouver office for the ‘Asia Connect Student Working Group Showcase’ event featuring the research work of local post-secondary students on contemporary Asia issues. Topics include: ASEAN Diaspora in BC and Business Opportunities; Corruption and Modern Technology in Indonesia; Education in Japan and Ethics; Hazing in Indonesia; Rohingya...
  • 4 days ago
    Fairfax India Holdings Corp. has completed its previously announced deal comprising a US$150-million public offering and a $US350-million private placement. The public offering was underwritten by a syndicate co-led by RBC Capital Markets, Scotiabank and TD Securities Inc., and included BMO Capital Markets, CIBC World Markets Inc., Cormark Securities Inc., National Bank Financial Inc., Canaccord...
  • 5 days ago
    Canada and India signed three Memoranda of Understanding (MoUs) at the 'Vibrant Gujarat Global Summit' in the state capital of Gandhinagar on Wednesday. The MoUs call for multi-stakeholder engagement in the areas of energy, infrastructure, innovation and research. One of the MoUs was signed between Etobicoke, Ontario-based Kinectrics International Inc. and Indian partners Gujarat Forensic...
  • 5 days ago
    Mississauga, Ontario-headquartered Microbix Biosystems Inc. has signed a distribution agreement with Meridian Life Science Inc., a wholly owned company of Cincinnati, Ohio-based Meridian Bioscience Inc. Under the terms of the agreement, Meridian will receive exclusive distribution rights to Microbix's antigen products for China, Hong Kong, Taiwan and Macau. Additionally, Microbix will also...
  • 6 days ago
    Toronto-headquartered First Global Data Ltd.’s Indian subsidiary, MSEWA Software Solution Private Ltd., has entered into agreements with an online pharmacy and an online gourmet food seller in India. The agreement includes the inclusion of the two companies’ products and services in First Global Data’s mobile wallet deployment in India. EasyMedico and FoodWalas products and services will be...
  • 6 days ago
    Nemaska Lithium Inc., a Quebec-based lithium production company, has obtained acceptance of a patent application in Australia relating to its proprietary process of preparing lithium salts for the lithium battery market, driven largely by electric vehicles and mobile devices. The Australian application was accelerated under the Patent Prosecution Highway (PPH) system, on the basis of its existing...
  • January 10, 2017
    The Canada China Business Council is hosting a networking breakfast with Philippe Rheault, Consul General of Canada in Chongqing. Mr. Rheault will discuss opportunities for Canadian businesses in southwest China, including Chongqing and the provinces of Sichuan, Yunnan, and Guizhou. The event includes a Q & A with Mr. Rheault, and will be held January 17 at 8 a.m. at the offices of McCarthy...
  • January 10, 2017
    Sanpower Group, one of the largest privately owned conglomerates in China, has reached an agreement with Laval, Quebec-headquartered Valeant Pharmaceuticals International Inc., to acquire a 100 per cent stake in Valeant’s U.S. biopharmaceutical company Dendreon for US$819.9M. Dendreon produces a prostate cancer vaccine called Provenge. Sanpower Group, whose core business is in the technology and...
  • January 9, 2017
    The Canada Korea Business Council (CKBC) is hosting a dinner at the University Club of Toronto on January 24 featuring Eric Walsh, Ambassador of Canada to Korea. In his keynote speech, “Business Opportunities with Korea,” Ambassador Walsh will share his knowledge on the Canada-Korea Free Trade Agreement and opportunities in various industries, including: aerospace, renewable energy, information...
  • January 9, 2017
    Canadian and Australian cancer researchers are closer to understanding why men born with a genetic BRCA2 mutation may develop aggressive localized prostate cancers that resist treatment and become lethal for up to 50 per cent of patients within five years. The findings, published in Nature Communications, show that BRCA2-associated tumours are already “pre-set” to be aggressive, even before...
  • January 6, 2017
    Toronto-headquartered Ask The Doctor has launched its online question-and-answer service platform in China, now its largest market. The company connects patients with medical questions to doctors online and offers direct patient-doctor visits in the U.S. and Ontario via text and video streaming.  Ask The Doctor’s new China venture will be in Mandarin with the Chinese Yuan being the accepted...
  • January 6, 2017
    The Montreal chapter of the Hong Kong-Canada Business Association (HKCBA) is hosting a Chinese New Year gala celebrating the Year of the Rooster as well as the 20th anniversary of the establishment of the Hong Kong Special Administrative Region on Tuesday January 31 from 6:00 p.m. Festivities will include a networking cocktail and a gala dinner of traditional Chinese cuisine.  For further...
  • January 5, 2017
    Montreal-headquartered Power Corporation of Canada has entered into an agreement to acquire an additional 3.9 per cent equity interest in China Asset Management Co. Ltd. (China AMC) for C$179 million. Together with a 10 per cent interest purchased in 2011, Power Corp.'s ownership in China AMC will be 13.9 per cent. China AMC was established in 1998 and was one of the first asset management...
  • January 5, 2017
    Marie-Lucie Morin, Vice-Chair of the Board of Directors of the Asia Pacific Foundation of Canada (APF Canada), was one of 100 new appointments to the Order of Canada announced on December 30, 2016 in advance of Canada’s 150th anniversary year.  Ms. Morin served Canada for 30 years in the Federal Public Service and was Executive Director for Canada, Ireland and the Caribbean at the World Bank...
  • January 4, 2017
    Guelph-Ontario headquartered Canadian Solar Inc. has announced that its wholly-owned subsidiary CSI New Energy Holding Co., Ltd. has completed the sale of two solar power plants in China’s Jiangsu Province to Shenzhen Energy Nanjing Holding Co., Ltd., a subsidiary of state-owned Shenzhen Energy Group Co., Ltd. The purchase price was approximately US$32.2 million. Shenzhen Energy Nanjing...
  • January 4, 2017
    Vancouver-headquartered Encanto Potash Corp. has successfully completed the foundation for an agreement with India’s National Federation of Farmers' Procurement, Processing and Retailing Cooperatives of India Ltd. (NACOF). The memorandum of agreement provides for a minimum supply of five million tonnes of potash per year for a minimum 20-year term, pending final negotiations. NACOF is a national...

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