News Service

  • 17 hours ago
    Halifax Stanfield International Airport has added additional cargo flights to China as a result of continued demand for Nova Scotia’s seafood in Asia. First Catch, a Chinese-owned seafood freight forwarding company based at Halifax Stanfield, is currently offering two flights per week from Halifax to Changsha, the capital of Hunan province. The flights are operated by SkyLease Cargo utilizing a...
  • 17 hours ago
    Popeyes and Kuya J Holdings Group Inc. in the Philippines have signed a franchise agreement to develop and grow the Popeyes brand in the Philippines. Popeyes, part of Oakville, ON-headquartered Restaurant Brands International, is a restaurant chain serving New Orleans-style food. Restaurant Brands International owns quick-service restaurant companies with more than C$30-billion in system-wide...
  • 17 hours ago
    The president of Tim Hortons, Alex Macedo, says a plan to conquer a crowded Chinese coffee market hinges on tailoring its menu to local habits and tastes — including offering congee and matcha alongside its signature items. Toronto-headquartered Tim Horton’s plan to open 1,500 stores in Asia over the next decade will face lofty competition from a slew of companies including US’ Starbucks,...
  • 2 days ago
    Minister of Small Business and Export Promotion, Mary Ng, met with Chinese-Canadian entrepreneurs at a small business forum held at ventureLAB, in Markham, Ontario, to highlight government initiatives for small and medium-sized businesses (SMEs) and opportunities for expanding to new markets. Government initiatives to support SMEs include CanExport, a five-year, C$50 million program that provides...
  • 2 days ago
    On August 3, 2018, Toronto-headquartered WisdomTree Asset Management began trading two new funds on the Toronto Stock Exchange: WisdomTree Japan Equity Index ETF (JAPN) and WisdomTree ICBCCS S&P China 500 Index ETF. JAPN is only the second exchange-traded fund (ETF) to launch in Canada that focuses on the Japanese market, with the iShares Japan Fundamental Index ETF being the other....
  • 3 days ago
    Minister of International Trade Diversification, Jim Carr, has announced the launch of a public consultation on Canada’s foreign investment promotion and protection agreements (FIPAs). This is the first in a series of consultations that will take place as part of Canada’s progressive trade agenda to help the Government of Canada better reflect the views and interests of Canadians, industry and...
  • 3 days ago
    Vancouver-headquartered Axion Ventures Inc., an investment company focused on online video gaming and other Information Technology sectors, has announced the first set of results from its self-titled, online PC game, "Rising Fire," which is currently being disseminated in China through Tencent Holding Limited's distribution network. The first 30 days have seen the game downloaded over 200,000...
  • 3 days ago
    Vancouver-headquartered Pacton Gold Inc., a mining company focused on the exploration and development of gold properties in Western Australia, has entered into an agreement to acquire 100 per cent of both the Yandicoogina and Boodalyerrie exploration licences and mining leases from Gardner Mining Pty. Ltd., an Australian proprietary limited exploration company. The acquisition of these two highly...
  • 3 days ago
    Singapore-headquartered China Navigation Company (CNCo) officially opened a new branch office in Vancouver on August 9, 2018. BC Minister of Jobs, Trade & Technology, Bruce Ralston, attended the opening ceremony in the CNCo office located at W Hastings Street. This new office is CNCo’s biggest office in North America with a team of 14 managers overseeing the dry bulk and liner businesses...
  • 4 days ago
    Toronto-headquartered Internet of Things Inc.'s joint venture, New Hope IoT Intl Inc., has entered into an agreement with Israel-headquartered PointGrab Ltd. to market, sell, and service its products in China. PointGrab’s sensing technology platform, CogniPoint, provides smart sensing solutions for the smart buildings and commercial real estate technology industries. The technology makes it easy...
  • 5 days ago
    Lasalle, Québec-headquartered Earth Alive Clean Technologies Inc., a developer and manufacturer of microbial technology-based products for sustainable agriculture, infrastructure and maintenance, has announced that it has entered into a 12-month distribution and commercialization agreement with a Beijing-based group technologies company. Under the terms of the agreement, Earth Alive will ship C$...
  • August 10, 2018
    Two of Canada's largest financial services and insurance companies, Sun Life and Manulife, both headquartered in Toronto, have reported second-quarter earnings that beat market expectations, benefiting in large part from growth in Asia. Canadian insurance companies are expanding rapidly in the Asia Pacific, selling products to the region's growing middle class. Sun Life CEO Dean Connor said Hong...
  • August 10, 2018
    A deal between Vancouver-headquartered Pacton Gold Inc. and Australia-based Marindi Metals Inc. has been called off. Pacton says that further to its binding letter of intent (LoI) with Marindi, it has completed its legal and technical due diligence investigations in the Bellary Dome exploration in Western Australia and as a result has elected to terminate the LoI with Marindi. The two companies...
  • August 9, 2018
    Montreal-headquartered CAE Inc., a civil aviation, defence and security, and health-care markets training company, has been awarded a $C50-million contract from the New Zealand Defence Force (NZDF) for a CAE 700MR flight training simulator. The contract also includes the provision of long-term maintenance and support services upon delivery of the simulator to RNZAF Base Ohakea in 2020. The CAE...
  • August 9, 2018
    Toronto-headquartered vitamin, mineral, and supplements maker Jamieson Wellness Inc. has received its first 'Orange Hat' registration certification from China's Food and Drug Administration and is establishing infrastructure and staff in China. The Orange Hat certification, along with three existing 'Blue Hat' registrations, provides the opportunity for Jamieson to launch into both the Chinese...
  • August 9, 2018
    Toronto-based luxury jacket maker Canada Goose Holdings Inc. says it incurred a net loss of C$18.7 million in its first quarter as it eyed international markets for expansion. The company's loss of 17 cents per share, however, is smaller than analyst expectations of 21 cents per share, and Canada Goose executives attribute the loss to a doubling of expenses as they hire staff for two stores they...
  • August 8, 2018
    The Canada Pension Plan Investment Board (CPPIB) has announced that it has agreed to partner with Korea’s e-Shang Redwood (ESR) and its Seoul-based subsidiary, Kendall Square Asset Management, to invest up to US$500 million in a newly-established investment vehicle targeting modern logistics facilities in Korea. Kendall Square will identify new assets, support the acquisition, and provide asset...
  • August 8, 2018
    Mississauga, Ontario-headquartered VIQ Solutions Inc., an IT service management company, has announced that its Australian-based reporting and transcription services division, Spark & Cannon, has been awarded a contract with the Victoria Police in Australia for the provision of secure transcription of police recordings. The value of the contract is more than A$2-million per year based on...
  • August 8, 2018
    Vancouver, B.C.-headquartered Reliq Health Technologies Inc., a technology company that develops mobile health and telemedicine solutions for the community-based health-care market, has signed an agreement to conduct a three-month paid pilot of its iUGO Care remote patient monitoring platform with the Royal Flying Doctor Service Central Operations (RFDS) in remote South Australia, beginning this...
  • August 7, 2018
    Ottawa-headquartered Avivagen Inc. has entered into an agreement that will wind up its previously announced joint venture (JV) in China established in 2016 with Shaanxi Jintai Mining Co., Ltd. (Jintai) for the purpose of registering and commercializing OxC-beta livestock feed. Avivagen held 49 per cent of the JV. Avivagen said termination of the JV was a necessary condition to enter into an...

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