News - Dr. Moira Gunn, Host of BioTech Nation, a regular interview segment on Tech Nation and Director of the Business of Biotechnology Program at the University of San Francisco will present "The Shifting Value Proposition of Global Bio-Business" on September 12, 2014 at 3:00 pm.
News - Minister of Finance Carlos Leitão is satisfied with the decisions announced in recent weeks by the five credit rating agencies that attribute a rating to Québec. "All of the agencies, without exception, have confirmed Québec's credit rating and outlook. They have confirmed the seriousness of our government's plan and the relevance of the initiatives that we promptly adopted when we took power to restore order to public finances and to boost economic recovery," the Minister of Finance noted.
News - Cominar Real Estate Investment Trust has signed a deal to buy a portfolio of 15 properties including shopping centres, office buildings and an industrial park in Quebec and Ontario from Ivanhoe Cambridge for $1.53 billion.
News - NEOMED, a not-for-profit organization whose mission is to create a bridge between academic research and the pharmaceutical industry, will receive $12 million in funding from the Government of Canada to help academic researchers turn their early discoveries into future medicines. This financing was attained thanks to the success of NEOMED’s application to the highly competitive federal CECR program.
News - Desjardins Financial Security (DFS) reported net income of $194.8 million for the first six months of 2014, compared to $191.7 million for the same period in 2013. DFS, a subsidiary of Desjardins Group, specializing in life insurance, health insurance and retirement savings products also posted a 4.6% increase in gross insurance premium income, which totalled $1.8 billion compared to $1.7 billion in the first half of 2013.
News - When Jean Marie-Roy built the St Denys du Plateau church in Quebec City in 1964, it was a modern wonder. At the time, almost 90% of Quebecois attended church regularly. Now it is barely 8% and churches are being desanctified and converted all over the Province; Arcade Fire turned one into a recording studio. Now Dan Hanganu has turned this one into a library. It is a wonderful demonstration of the adaptive reuse of a mid-century building for more modern uses.
News - Bolstered by the new partnership with her Quebec counterpart, Ontario Premier Kathleen Wynne is eyeing Quebec’s abundant hydro power to light up Northern Ontario’s Ring of Fire development and reinvigorate talks for a national energy strategy.
News - Capital régional et coopératif Desjardins (CRCD) released its financial results for the first half of fiscal 2014 – a non-annualized return of 2.2% and net earnings of $32.4 million. Effective noon today, the share price rises by $0.26 to $11.92. Net assets are now $1,460 million and total commitments at cost amount to $863 million.
News - Trimble announced today that it has acquired privately-held Load Systems International Inc. (LSI) a market-leading manufacturer of wireless and hardwired crane safety instrumentation, headquartered in Quebec City, Canada. The acquisition enhances Trimble's broad portfolio of technologies that improve the safety, quality, transparency and efficiency of construction and maintenance projects across a range of industries. Financial terms were not disclosed.
News - FISO Technologies Inc. (FISO), a leading manufacturer of high-quality Fiber-Optic sensors and signal conditioners, is proud to announce the launch of the EasyGrid Lite (EGD-LT), a new signal conditioner designed for temperature monitoring of smaller electricity transportation grid transformers.