News - WANTED Technologies, the leading source of business intelligence for the talent marketplace, reported today revenues of $2,360,917 for the second quarter ending December 31, 2013, a 37% gain over the same quarter of the prior year. For the first six months of fiscal 2014, revenues increased 32% to reach $4,348,269, compared to $3,303,770 for the first six months of the previous fiscal year. Net income also rose to $1,015,618 in the second quarter compared to a net income of $331,808 for the same period last year,
News - Ivanhoé Cambridge announced today that it has entered into a partnership to build Projet QB, a mixed multiresidential and commercial complex that will eventually feature more than 400 rental units and 200 condominiums in the Cité-Universitaire district of Quebec City. The initial investment of more than $50 million, in partnership with a group of local investors led by Pierre Moffet and under a codevelopment agreement with SDLP (the real estate division of Sobeys Inc.), will help revitalize an area of the city that is expected to experience exceptional growth.
News - Novik annouces today the completion of the previously announced acquisition of Novik by Clearview Capital Fund III, LP by way of a plan of arrangement pursuant to the Business Corporations Act (Québec). On February 12, 2014 the Superior Court of Québec granted its final order approving the Transaction and onFebruary 14, 2014, 9293-3985 Québec Inc., a company indirectly controlled by Clearview, acquired all of the issued and outstanding common shares of Novik, pursuant to the terms of an arrangement agreement entered into between Novik, Clearview and the Purchaser on December 20, 2013.
News - The Quebec – Clinical Research Organization in Cancer (Q-CROC) was awarded a $9.2 million investment from the Quebec government over four years as part of the Fonds de partenariat pour un Québec innovant et en santé (FPQIS). This public-private partnership was formally announced on February 14th, 2014 by Mr. Nicolas Marceau, the Quebec Minister of Finance and Economy. Private partners from the pharmaceutical industry and SMEs are providing matching funds, for a total investment of $18.4 million.
News - H2O Innovation is pleased to announce that it has been selected on the 2014 TSX Venture 50 ®. The Company is ranked 4th in the "Clean Technology" category. The list of the companies selected by the TSX Venture Exchange in each category is available at www.tmx.com/croissance50.
News - Université Laval is creating the first-ever chair devoted to the study of natural resources and energy law from a domestic and international perspective. University rector Denis Brière made the announcement in the presence of the Chair’s financial partners, represented by Goldcorp Inc. senior vice president, corporate affairs, Brent Bergeron, and Fasken Martineau managing partner, Québec region, Éric Bédard.
News - Opsens was named a 2014 TSX Venture 50® company by the TMX Group. The TSX Venture 50® ranks the top 10 companies in five major industry sectors, identifying emerging companies that have shown strong results in key measures of market performance. Opsens was ranked among the top Canadian Technology and Life Sciences companies.
News - While well established startup markets outside of Silicon Valley such as New York, Boston, and Seattle are already on venture investors’ radars, a key market for technology investment opportunities that has often been overlooked is Canada and its tech hubs, including Toronto, Waterloo, Vancouver, and Montreal.
News - Aplications are now open for the Quebec Entrepreneurship Contest, a huge province-wide contest that will end up giving over $600,000 in prizes to Quebec-based entrepreneurs. First, the “Successful Business Inc. Prize,” will award $195,000 in prizes to entrepreneurs. It’s the 16th edition of the contest, and will award $10,000 prizes in each of Québec’s 17 regions and a prize of $25 000 at the provincial level for the grand prize winner, selected from among the regional winners.
News - H2O Innovationannounces that it has been awarded a major contract of CAD$10 million in the United Statesto design, build and supply major equipment and services for a seawater reverse osmosis (SWRO) system. This will be the second largest SWRO system in the United States. The contract brings Company's order backlog for water treatment projects above CAD $25 million as of February 11, 2014.