News - Ubisoft announces its plans to invest CAD 28 million over the course of three years with the goal of creating 100 new jobs at its Quebec City studio. These investments will enable the studio to strengthen its infrastructure and recruit new talents, and take the lead on the development of AAA next-gen games. The Quebec government is supporting the studio's expansion as part of the ESSOR program, with a contribution of CAD 510,000.
News - Canam Group announces the acquisition of a 66% interest in an engineering firm that specializes in wood structures. The transaction, the amount of which has not been disclosed, was completed in the final days of 2013. The company, called Massif Technologies, is composed of a group of engineers and technicians who are specialized in designing non-residential buildings featuring a wooden frame or wood components. The Company, which has offices in Quebec City and Saguenay, also has expertise in project management.
News - According to the 17th Annual Global CEO Survey, released by PwC at the World Economic Forum in Davos, Switzerland today, 85% of the CEOs surveyed both worldwide and in Canada are confident in their revenue growth prospects over the next 12 months.
News - Atrium Innovations Inc. announces that its shareholders and convertible debentureholders have approved the resolution authorizing the previously announced plan of arrangement providing for the acquisition of all the outstanding Atrium shares for cash consideration of $24.00 per common share by corporations backed by the Permira funds and the acquisition by the Corporation of all of its outstanding convertible debentures. Pursuant to the Arrangement, Atrium’s senior management will be rolling over up to approximately $8 million of equity investment in the Corporation.
News - Desjardins Group, the leading cooperative financial group in Canada, and State Farm®, the largest P&C mutual insurance company in the United States, today announced that they have entered into a definitive agreement under which Desjardins Group will purchase State Farm Canada’s businesses in property and casualty and life insurance, as well as its Canadian mutual fund, loan and living benefits companies.
News - Amongst the contracts announced today, two of them are major contracts awarded by a leading independent energy company engaged in the exploration, development and production of natural gas and oil in North America. These two contracts will see H2O Innovation design, build and commission a potable water treatment package as well as a wastewater treatment package for a 2,300 person workers camp in Northern Alberta.
News - Aeterna Zentaris today announced that the U.S. Food and Drug Administration has accepted for filing the Company's New Drug Application for its ghrelin agonist, macimorelin acetate, in Adult Growth Hormone Deficiency. The acceptance for filing of the NDA indicates the FDA has determined that the application is sufficiently complete to permit a substantive review.
News - H2O Innovation announces today that it was recently awarded $3.2 million in new contracts. These new contracts bring the Company’s order backlog for water treatment projects to $13.4 million as of December 18, 2013. Amongst the contracts announced today, two of them are strategic for the Company, since the systems will be designed for wastewater reclamation applications by membrane filtration technology, an important growing segment in the water treatment industry.
News - La Caisse de dépôt et placement du Québec, the main sponsor of the Québec Manufacturing Fund (QMF), has announced the injection of another $100 million into the fund. The new investment creates phase II of the fund, positioning the QMF to continue to help Québec's manufacturing companies develop and grow.
News - According to the latest forecasts by the Desjardins Group Economic Studies’ team, Canada’s economy is expected to grow 1.7% in 2013. A 2.3% gain is expected for 2014 and 2015 should end with real GDP growth of 2.6%.