News Service

  • July 4, 2018
    Vancouver, B.C.-headquartered Axion Ventures Inc. has launched its Rising Fire video game in China through Tencent Holding Ltd.'s massive distribution network, WeGame. The game will be released in a staged manner to approximately 1.5 million active WeGame users immediately, 15 million users by mid-July, and up to 100 million users by mid-August. Tencent has the distribution rights for Rising Fire...
  • July 4, 2018
    Canada’s Agriculture and Agri-Food Minister Lawrence MacAulay has announced an investment of C$360,521 to the Ontario Ginseng Growers' Association (OGGA) to help it promote and pursue new markets – including India – beyond its traditional Asian markets. Canada is a global leader in the production of North American ginseng and the largest field-grown horticultural exporter with sales of over C$228...
  • July 3, 2018
    Vancouver, B.C.-based China Gold International has announced the commercial production on Series II at its Jiama Mine’s Phase II, effective July 1, 2018, bringing the entire Phase II expansion project into commercial production. Jiama Mine’s Phase II consists of two series, each having a mineral processing capacity of 22,000 tonnes per day (TPD). When Series II reaches full design capacity, ore...
  • July 3, 2018
    Richmond, B.C.-based ZMS Zecotek Photonics has started the production of the first batch of its patented liutetium fine silicate (LFS) scintillation crystals at its facility in Shanghai, China. The production facility is wholly owned and operated by ZMS Zecotek Photonics. It has sufficient capacity to meet the delivery schedule of Tier 1 clients and will be expanded to meet growing demand in late...
  • July 3, 2018
    Toronto, ON-based Sun Life Global is considering increasing stake in its Chinese joint venture, Sun Life Everbright Life Insurance, following the Chinese government’s easing of restrictions on foreign investment. Back in 2010, Sun Life cut its shareholding in the joint venture to 25 per cent to quickly obtain licenses for rapid expansion, in compliance with Chinese regulations on foreign...
  • June 29, 2018
    Minister of Small Business and Tourism Bardish Chagger has concluded a six-day federal, provincial, and territorial tourism trade mission to China. The trade mission took a delegation of provincial and territorial ministers and more than two dozen Canadian tourism businesses, including Indigenous tourism operators, to Beijing, Hangzhou, and Shanghai from June 23 to 28 for business...
  • June 29, 2018
    Toronto-headquartered Fairfax India Holdings Corp. has completed a US$550-million, one-year secured term loan, with an option to extend for an additional year, with a syndicate of Canadian banks. The loan amends, restates, and replaces Fairfax India’s existing US$400-million secured term loan. Fairfax India is an investment holding company investing in public and private equity securities and...
  • June 28, 2018
    The Province of British Columbia is extending its Provincial Nominee Program (PNP) tech pilot program for another year to help make it easier for tech and innovation companies to recruit top international talent to B.C. The tech pilot program is also being enhanced by reducing the requirement from a permanent full-time job offer to a one-year full-time job offer as a precursor to permanent...
  • June 28, 2018
    Tourism Vancouver and Tech giant Tencent have launched a marketing partnership to promote Vancouver to Chinese travellers. The multi-year partnership will see Tourism Vancouver gain preferred access to mobile tech, big data insights, and media platforms including the Tencent-owned WeChat app, which has one billion active users. As part of the launch, Tencent Travel unveiled Canada's first...
  • June 27, 2018
    Richmond, British Columbia-headquartered Pinnacle Renewable Holdings Inc., a manufacturer and distributor of industrial wood pellets, has entered into two new long-term contracts with customers in South Korea and Japan. The contract in South Korea is with CGN Daesan Power Co., Ltd., a subsidiary of CGN New Energy Holdings Co., Ltd, a diversified independent power producer in Asia. The contract in...
  • June 27, 2018
    The Canada-China IoT and Blockchain Research Institute (CCIOTCHAIN) has signed a strategic co-operation agreement with Wuxi New District and established its first branch institute in China to facilitate the development of Internet of Things (IoT) and blockchain technology. CCIOTCHAIN will help demonstrate the applications for the global IoT and blockchain industry across other industry sectors...
  • June 26, 2018
    This year marks the 90th anniversary of the establishment of diplomatic relations between Japan and Canada, as well The Japan Society's 25th Annual Ambassador's Cup Golf Tournament – which will be held at the Glen Abbey Golf Club in Oakville, Ontario, on August 14. This year, Ms. Takako Ito, the Consul-General of Japan in Toronto, will join the tournament to celebrate the double milestone....
  • June 26, 2018
    Shanghai, China-headquartered UnionPay International has partnered with Bank of China (Canada) in enabling all the stores of Foodymart in Canada to accept UnionPay QR code payment. Some food and beverage merchants in the U.S. have also recently started accepting UnionPay QR code payment, and it is expected that the number of merchants accepting it in North America will reach 5,000 within this...
  • June 26, 2018
    Vancouver, B.C.-headquartered Global Energy Metals Corp. (GEMC) has entered into a binding agreement with Hammer Metals of Perth, Australia, to acquire the balance of the interest in the Millennium cobalt and Mount Isa projects in Queensland, Australia. GEMC will hold 100 per cent of both the Millennium Property and the Mount Isa projects, subject to the approval of the TSX Venture Exchange.
  • June 26, 2018
    Minister of Foreign Affairs Chrystia Freeland has announced targeted sanctions under the Special Economic Measures (Burma) Regulations against seven additional Myanmar nationals involved in the military operations launched in Rakhine State in August 2017, which have led to the ongoing crisis. The sanctions were imposed as a result of the significant role played by senior military officials in the...
  • June 25, 2018
    Vancouver, B.C.-headquartered media company Imagination Park Entertainment Inc. has executed a non-binding letter of intent with DragonLord Pictures to provide various visual effects and other services for DragonLord's feature film project tentatively titled ‘Spirit Hunter.’ The agreement specifies that the revenues to Imagination Park will be at least US$1 million. Spirit Hunter currently has a...
  • June 25, 2018
    Vancouver, B.C.-based advanced technology company EnWave Corp., which has developed a proprietary method for the dehydration of organic materials, has signed a technology evaluation and licence option agreement (TELOA) with a major Australian dairy company to evaluate the use of EnWave’s technology for the development of several dehydrated, premium dairy ingredients. EnWave has signed a total of...
  • June 25, 2018
    Diversified miner Metals Australia has signed a non-binding memorandum of understanding with Chinese graphene and battery producer Weihai Nanhai Carbon (Nanhai) that will allow Metals Australia to develop its graphite asset in Canada. Nahai will receive preferential supply options and in return it will help finance the Lac Rainy project in Quebec. Under the deal, Nanhai will also support the...
  • June 22, 2018
    Immigration, Refugees and Citizenship Canada (IRCC) has added UnionPay as a new payment option to make applying online for travel visas more convenient and accessible for Chinese travellers. UnionPay is the largest and most popular payment provider in China. Today IRCC Minister Ahmed Hussen highlighted this initiative on the eve of a federal, provincial, territorial tourism trade mission to China...
  • June 22, 2018
    The Financial Post reports in its June 22, 2018 edition that a Chinese carmaker that wants to bring out a line of electric cars with some self-driving capabilities has selected Waterloo, ON-headquartered BlackBerry to provide software designed to ensure critical systems run safely at all times. A Canadian Press dispatch to the Post says that BlackBerry will license its QNX technology for use in...

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