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%.
News - Trailer manufacturer Manac Inc. (TSX: MA) has received, from long time client Train Trailer Rentals, what is believed to be the largest Canadian trailer order ever. "700 vans, one order, one basic specification is, to the best of my knowledge, the largest Canadian trailer order ever seen by any manufacturer. Our ability to secure this business from Train Trailer Rentals is based on years of collaboration and mutual support. It is also a tribute to our employees' commitment to providing a cost competitive product, the solid design of our UltraPlate model and an excellent level of service." says Charles Dutil, President of Manac.
News - Square One Shopping Centre announces the opening of a 113,000-square-foot flagship La Maison Simons store in spring 2016 - the first location of the Quebec fashion specialty retailer to open in Ontario. The two-level Simons store represents a $52 million investment and will occupy a large portion of the existing Sears store as part of Square One's ongoing development projects. Simons marks another first-to-market premium brand acquisition for Square One and will enhance the first-class shopping experience west of Toronto.
News - Atrium Innovations announces that it has entered into a definitive arrangement agreement with a company backed by the Permira funds whereby the Permira funds will acquire all the issued and outstanding common shares of Atrium, other than the shares to be rolled over by Fonds de solidarité FTQ and Caisse de dépôt et placement du Québec, for $24.00 in cash per Share. Upon completion of the transaction, Atrium will be jointly owned by the Permira funds (75%), the Fonds (12.5%) and CDPQ (12.5%), before management equity programs.
News - Join Peter Hall, Vice-President & Chief Economist, for Export Development Canada's (EDC) annual Fall Global Export Forecast webinar and get the “must have” insights on the global economy.