News Service

  • 3 hours ago
    Viking Air Limited of Victoria, B.C., and Mahindra Aerospace Private Limited of Bengaluru, India, have signed a memorandum of understanding (MOU) to form a strategic alliance to maximize opportunities arising from India’s growing regional air connectivity requirements. Under this alliance, Viking and Mahindra will support each other’s non-competing aircraft business to boost market penetration in...
  • 3 hours ago
    Prime Minister Justin Trudeau met today with the Prime Minister of India, Narendra Modi, and announced a wide range of new initiatives and agreements between both countries that span education, security, sustainable development, trade and investment, and women’s health and empowerment. The prime ministers also released a Joint Statement that outlines the way forward for the Canada-India...
  • 4 hours ago
    Australia's Marquee Resources Limited has completed the acquisition of Canadian Co27 Pty Ltd., another Australian firm, which owns interests in three cobalt exploration projects in Ontario, Canada. The deal was completed under the agreements for the Werner Lake Project, the Werner Lake/East Project and the Skeleton Project. MQR acquired the business from Syracuse Capital Pty Ltd., Jet Capital Pty...
  • Yesterday
    A series of meetings organized by the Ontario Trade Commission in partnership with Global Affairs Canada, has led to a delegation visit to Japan and Korea from February 20 to 27. Ontario biotech firm CardioComm Solutions Inc. announced today it will be participating in the trade mission. CardioComm'stechnology is used in products for recording, viewing, analyzing and storing...
  • Yesterday
    Unionville, Ontario-headquartered Changfeng Energy Inc.'s controlled subsidiary, Hebei Riheng Clean Energy Ltd., has completed the equipment bidding process for the previously announced three-year natural gas supply contract to a ceramic manufacturer in Xingtai city in China’s southern Hebei province. Riheng Energy has also begun construction of related infrastructure, which will be capable of...
  • Yesterday
    The Asia Pacific Foundation of Canada (APF Canada) is pleased to announce the APF Canada-SFU India Connect Program, part of a series of country-specific programs that provide financial support and work experience to Canadian post-secondary students in some of Asia’s fastest-growing markets. To support four-month co-op placements in India, up to 12 SFU co-op students will receive an...
  • 2 days ago
    The Asia Pacific Foundation of Canada (APF Canada) is pleased to announce that the third annual Asia Business Leaders Advisory Council (ABLAC 2018) will convene March 2, 2018 in downtown Toronto. Hosted by the Asia Pacific Foundation of Canada and supported by the Government of Ontario and Export Development Canada, this independent forum brings together a prestigious group of senior business...
  • 2 days ago
    Minister of International Trade François-Philippe Champagne has announced that after translation and legal review of the text across 11 jurisdictions, the full text of the new Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has been published. Champagne said the full text of the bilateral side-letters are expected to follow as soon as possible. The CPTPP represents...
  • 3 days ago
    Vancouver-headquartered Irving Resources Inc. has received the final approval and registration of the Omui mining right from Japan's Ministry of Economy, Trade and Industry (METI), Hokkaido Bureau. The Omui mining right encompasses an area of roughly 2.98 sq km (298 hectares) and reportedly features a high-grade gold-silver vein. Registration of the Omui mining right allows Irving to now submit...
  • 3 days ago
    Toronto-headquartered Tantalex Resources Corporation has completed a non-brokered private placement financing for C$2,500,000 with Ruihua Investment (Hong Kong) Company Limited. The proceeds from the deal will be used by Tantalex for general working capital, and more particularly for the financing of its ongoing development of the Buckell Lithium Property, located in the Manono-Kitotolo region of...
  • 3 days ago
    Prime Minister Justin Trudeau has announced more than C$1 billion in investments between Canadian and Indian companies on the third day of his trade mission to India. Some of India's largest companies have committed to investing more than C$250 million in Canada in the coming years in everything from pulp mills to pharmaceuticals and the IT sector. Canada, meanwhile, will invest C$750 million in...
  • 4 days ago
    Minister of International Trade François-Philippe Champagne will travel to Calgary and Regina from February 19 to 23 to promote the opportunities offered by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Mercosur trade agreement comprising Argentina, Brazil, Paraguay and Uruguay. Canada said in a release that it is committed to pursuing new initiatives...
  • 4 days ago
    Toronto-headquartered Fairfax India Holdings Corp. is investing in 51 per cent of the share capital of the Catholic Syrian Bank Ltd., based in Thrissur, India. The investment is subject to customary closing conditions, including the finalization of commercial terms, completion of required legal documentation, and receipt of all applicable board, shareholder and regulatory approvals, including...
  • February 16, 2018
    One of Canada's biggest pension funds has acquired majority control of Australian renewable energy company Flow Power. OPTrust, which has about C$19 billion of assets under management, is buying 51 per cent of Flow for an undisclosed amount. Flow Power has led the way in Australia on corporate renewable power purchase agreements, allowing business customers to contract...
  • February 16, 2018
    Just in time for the first deliveries of the 2018 Nissan LEAF in Canada, Nissan Canada has announced a new partnership with FLO, the provider of the most comprehensive charging ecosystem in Canada. This agreement follows a successful one-year pilot project in Quebec. Nissan LEAF buyers will be able to purchase the FLO Home charging station directly from participating Nissan dealerships...
  • February 16, 2018
    Avidbots Corp. today announced that it has signed a distribution agreement with Macnica Inc., a supplier of specialty technology products in Japan and worldwide. Macnica will distribute Avidbots' Neo self-driving floor scrubber across Japan to customers challenged by the country's labour shortage.The purpose-built floor scrubbing robot integrates state-of-the-...
  • February 15, 2018
    Ontario-Based Gowest Gold Ltd. has signed an agreement to sell gold concentrate produced from its wholly-owned Bradshaw gold deposit, which is part of the Timmins gold camp, to Shandong Humon Smelting of China. Gowest, which received a US$3-million advance, expects to send its first concentrate shipment to Humon's smelter in the second quarter of this year. Under the...
  • February 15, 2018
    LGC Capital Ltd. (LGC) has completed a previously-announced transaction with licenced Australian Medical Cannabis business Little Green Pharma, whereby LGC increased its stake in Little Green Pharma to 14.99% from 11.91%. LGC CEO John McMullen said the investment would assist Little Green Pharma in producing its first commercial harvest in the coming months. The deal was valued at C$2.6 million.
  • February 15, 2018
    Kelowna-based Venzee Technologies Inc. has been chosen by an unnamed Japanese manufacturer and wholesaler to deliver enriched, error-free product information to retailers. The Japanese company distributes and manufactures products around the world, including Europe and the U.S., and has chosen Venzee's platform to provide up-to-date information for its e-commerce site and global manufacturing...
  • February 14, 2018
    The Montreal Port Authority (MPA) has signed a Co-operation Agreement with Mundra Port, Gujarat State, north of Mumbai. The agreement was signed during a trade mission to India and aims to develop co-operation in marketing and business development while sharing information on marine operations and industry best practices. Mundra Port is India's largest commercial port and handles liquid and dry...

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