News Service

  • 7 hours ago
    Minister of International Trade François-Philippe Champagne today announced that Canada and the remaining members of the old Trans-Pacific Partnership have agreed to a revised trade agreement that will forge ahead without the United States, opening distant new markets at a time of uncertainty closer to home. The agreement follows two days of high-level talks in Tokyo. The partners are now...
  • 7 hours ago
    British Columbia Premier John Horgan kicked off his inaugural mission to Asia with a visit to B.C.’s sister province of Guangdong, China, to strengthen relationships and expand markets for the tourism, clean energy and technology sectors. A key part of the mission in Guangdong will be to explore ways that B.C. and China can collaborate on green solutions as China transitions to a low-carbon...
  • 7 hours ago
    Toronto-headquartered Canada Pension Plan Investment Board (CPPIB) and ReNew Power Ventures Pvt. Ltd. (ReNew Power) today announced that CPPIB is acquiring a 6.3% stake in ReNew Power from the Asian Development Bank for US$144 million. Founded in 2011, ReNew Power is a leading Indian renewable energy developer and operator with clean energy capacity diversified across wind, utility-scale solar,...
  • Yesterday
    Prime Minister Justin Trudeau announced today that he will travel to India, at the invitation of Prime Minister Narendra Modi, for a state visit from February 17-to-23. The visit, which will include stops in Agra, Amritsar, Ahmedabad, Mumbai, and New Delhi, will provide an opportunity for Prime Minister Trudeau to connect with Indian leaders in government and business, promote the empowerment of...
  • Yesterday
    B.C. Premier John Horgan departed for Guangzhou, China, on Saturday as part of a 10-day mission to China, South Korea, and Japan to strengthen economic and cultural ties with three of B.C.’s largest trading partners, expand markets, and create jobs in B.C. The Premier is accompanied by Minister of Jobs, Trade and Technology Bruce Ralston, and Minister of State for Trade George Chow. B.C.’s...
  • Yesterday
    The Globe and Mail reports today that the Bank of Montreal (BMO) is venturing deeper into China by expanding its relationship with the country's largest state-owned bank, the Industrial and Commercial Bank of China (ICBC).  A new memorandum of understanding (MoU) signed in November 2017 and announced publicly today, reportedly sets terms of co-operation on everything from asset management...
  • 4 days ago
    Canadian Members of Parliament and Senators, led by Liberal MP Bob Nault, recently completed a trade and cultural visit to Taiwan. The delegation met with Taiwan's President, H.E. Tsai Ing-wen, the Minister of the Mainland Affairs Council, Executive Yuan, Ms. Hsiao-Yueh Chang, President of the Legislative Yuan, Hon. Jia-Chyuan Su, Deputy Minister of Foreign Affairs, Dr. Wu Chih-Chung, Mr. Ming-...
  • 4 days ago
    Two major Canadian fertilizer companies, Agrium and PotashCorp of Saskatchewan, merged in December to form Nutrien Ltd., which is now the largest fertilizer producer in the world. According to Saskatchewan Premier Brad Wall, the new entity has committed to establishing its headquarters in Saskatoon, Saskatchewan. Agrium was previously headquartered in Calgary, Alberta. Wall said recently that...
  • 4 days ago
    The Royal Canadian Mint is suing its Australian counterpart over the way it prints red poppies on its commemorative Remembrance Day coins. Documents filed in Australia's Federal Court allege The Royal Australian Mint used without permission a printing method patented by the Canadian mint in 2013. The Royal Canadian Mint is demanding that Australia's 500,000 commemorative $2 coins, in circulation...
  • 5 days ago
    Mississauga, Ontario-headquartered Hydrogenics Corporation, a leading developer and manufacturer of hydrogen generation technology and hydrogen fuel cell systems, today announced that it has received an order valued at C$7.8 million to supply fuel cell power systems for zero-emission vehicles in China. For competitive reasons, the customer’s identity was not disclosed, and shipments are expected...
  • 5 days ago
    Ontario-headquartered ABcann Global Corp.'s wholly owned subsidiary, ABcann Australia Pty. Ltd., has received an import licence from the Federal Office of Drug Control in Australia. Pending necessary approvals, including the approval of the TSX Venture Exchange, ABcann intends to supply medicinal cannabis to the Australian market via the Australian Department of Health's Therapeutic Goods...
  • 5 days ago
    The Asia Pacific Foundation of Canada will host an informal conversation with Paul Thoppil, CFO of Indigenous and Northern Affairs Canada, at its Vancouver office on the afternoon of January 19, 2018. The conversation will focus on how First Nations communities in Canada can capitalize on opportunities in the Asia Pacific. APF Canada had an opportunity to catch up with Mr. Thoppil prior to his...
  • 6 days ago
    Minister of Foreign Affairs Chrystia Freeland has announced the conclusion of the Vancouver Foreign Ministers' Meeting on Security and Stability on the Korean Peninsula, co-hosted with Rex Tillerson, US Secretary of State. At the meeting, Freeland set the conditions for a diplomatic solution to the crisis. She reaffirmed that Canada will continue to work with partners in the region and globally...
  • 6 days ago
    Minister of International Trade François-Philippe Champagne today announced two new initiatives to strengthen Canada's approach to responsible business conduct for Canadian companies doing business and operating abroad. The first is the creation of an independent Canadian Ombudsperson for Responsible Enterprise (CORE), the first of its kind in the world. The CORE will investigate allegations of...
  • 6 days ago
    Vancouver, B.C.-headquartered CVR Medical Corp., a medical diagnostics technology company, has signed an official letter of intent with Guangzhou LangRun Equity Investment Management Co. Ltd., a professional equity investment fund management platform company headquartered in Guangzhou, China. LangRun plans to create the LangRun Asset Fund, focused on investment in medical devices specific to...
  • January 16, 2018
    Faced with the twin challenge of maintaining its unprecedented pace of economic growth while protecting the environment and enhancing the quality of life for its citizens, the Chinese government has turned to promoting the development and adoption of clean technologies. This has led to a significant increase in the amount of investment in the cleantech market, and improvements in regulations....
  • January 16, 2018
    Toronto-headquartered fintech firm First Global Data Ltd. has entered into a definitive agreement with Hong Kong-headquartered China Smartpay to deliver cross-border payment solutions for Chinese vacation travellers and students studying overseas. The service will allow WeChat users in China to travel to the United States, shop at a U.S. retail location, and purchase goods using the funds on...
  • January 16, 2018
    The Foreign Ministers' Meeting on Security and Stability on the Korean Peninsula, co-hosted by Canada's Minister of Foreign Affairs Chrystia Freeland and US Secretary of State Rex Tillerson, kicked off this morning in Vancouver, Canada. South Korean Foreign Minister Kang Kyung-wha said though its talks with North Korea are a "significant first step toward restoring inter-Korean relations," North...
  • January 15, 2018
    Quebec’s Feldan Therapeutics and South Korea’s Green CrossLabCell have announced a joint research collaboration to develop low immunogenicity, high-performance natural killer (NK) anticancer treatment. The project, which is part of the Canada-South Korea Science, Technology and Innovation Projects sponsored by the National Research Council of Canada and the Korea Institute for Advancement of...
  • January 15, 2018
    Vancouver-headquartered Angkor Gold Corp., a leading mineral explorer in Cambodia, has announced an additional diamond drill and regional exploration program at Halo on Angkor's Oyadao South licence, in conjunction with its exploration partner, Japan Oil, Gas and Metals National Corporation (JOGMEC). The program includes US$1 million in planned expenditures up to the end of March 2018. JOGMEC was...

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