In a significant move towards sustainable energy, Vestas has clinched a substantial order to supply 56 of its advanced Enventus V162-6.2 MW turbines for the Pohénégamook – Picard – Saint-Antonin – Wolastokuk (PPAW) wind project in Quebec, Canada. This order for 347 MW turbines, positions Vestas at the forefront of North America’s wind energy sector. […]
CAE Inc., a global leader in simulation, training, and aviation software, has successfully completed the sale of its Healthcare business to Madison Industries for an enterprise value of C$311 million, subject to customary adjustments. This strategic divestiture, announced on October 24, 2023, marks a pivotal shift for CAE, allowing it to further concentrate on its […]
In a move that will likely go down in history, the Coalition Avenir Québec (CAQ) government triumphantly passed its sweeping health-care reform legislation, Bill 15, in a dramatic pre-dawn session. The bill, which centralizes much of the province’s healthcare decision-making in the new entity, Santé Québec, was adopted at 5:15 a.m. at the National Assembly, […]
Microsoft announced a significant expansion of its digital infrastructure in Quebec, committing USD$500 million over the next two years. This investment will increase Microsoft’s local cloud infrastructure footprint in Canada by a staggering 750 percent. The announcement aligns with the company’s initiatives in AI and cybersecurity skilling, aimed at reinforcing Quebec’s robust innovation economy, spurring […]
Patriot Battery Metals Inc., in a significant development, announced the preliminary results of its first drill program at the CV9 Spodumene Pegmatite within its wholly owned Corvette Property, situated in the Eeyou Istchee James Bay region of Quebec. The CV9 site, located near the Trans-Taiga Road and powerline infrastructure, revealed promising results with wide intervals […]
Cazaly Resources Limited (ASX: CAZ) has kickstarted its first-ever exploration for lithium mineralisation at the Sundown Lithium Project located in Québec, Canada. This venture has begun with helicopter-assisted exploration. The primary focus will be on collecting surface rock chip samples from high-priority target zones. Additionally, reconnaissance scouting and sampling tasks will span across various potential […]
SunOpta Inc., a renowned leader in the sustainable, plant-based foods sector from the U.S., has officially parted ways with its frozen fruit business. This strategic divestiture, worth a staggering $141 million, has handed over its primary frozen fruit assets to Nature’s Touch, a dominant force in the industry based out of Quebec, Canada. As part […]
Intra Energy Corporation Limited (ASX:IEC) has concluded a capital raise of A$3.6 million for the Llama Lithium Project in Canada, by issuing 720,000,000 shares at $0.005 per share, as announced earlier on 18 May 2023. The lead manager for the raise, Wentworth Securities, confirmed that this arrangement included a one-for-two free-attaching option, exercisable at A$0.015, […]
The severe wildfires in Canada have not only intensified throughout June but have also caused record levels of emissions that have now reached Europe, according to data from the Copernicus Atmosphere Monitoring Service (CAMS). The increase in fire radiative power (FRP) and the consequent impact on air quality are now being seen on a global […]
IFS, a global provider of cloud enterprise software, announced the signing of a definitive agreement to acquire Poka, a Quebec-based connected worker platform, for an undisclosed price. The acquisition positions IFS at the forefront of industry trends, combining its Enterprise Resource Planning/Field Service Management/Enterprise Asset Management (ERP/FSM/EAM) technology with Poka’s platform, which enhances the efficiency […]