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Printer-versionIBM has announced a definitive agreement to acquire Cognos Incorporated, a leading provider of business intelligence and performance management software based in Canada, pending government regulatory approval and the agreement of Cognos shareholders.
Canada's aquaculture industry generated record operating revenues of nearly $1 billion in 2006 reports Statistics Canada. The gross value of the industry to the Canadian economy, calculated as the difference between gross output and total product inputs, was up 58.4 per cent to $395 million.
Bombardier Transportation has been commissioned by the Norwegian State Railway (NSB) to refurbish 56 Class 5 coaches. This contract is valued at approximately 64 million euros ($91 million US).
Currently Nexen is positioned in some of the world’s most exciting regions including the North Sea, deep-water Gulf of Mexico, Middle East, offshore West Africa and the Canadian Athabasca oil sands. The company has a market capitalization of around $20 billion and trades on the Toronto and New York Stock Exchanges under the symbol NXY. At the recent CNBA evening meeting, Nexen Exploration Norway's President and General Manager updated us their operations and successes in Norway.
Over 80 Canadians representing 6 provinces, 24 exhibiting organisations, and 10 Canadian agencies and provincial or federal government departments attended Aqua Nor this year.
AKVA group ASA has entered into a letter of intent with Future Sea Technologies Inc (FST) in Canada for the acquisition of the company’s assets.
Raufoss-based Ragasco AS develops and produces LPG bottles with a variety of colours and logos, designed for individual customer profiles. The company's high-volume production facility located in Raufoss Norway is the most advanced production line for composite pressure vessels world-wide.
On June 6, the CNBA held its Annual General Meeting at the Ambassador of Canada's official residence. This year's AGM was well-attended and concluded with a lively presentation by Arne Hjeltnes, Communication Director for Marine Harvest.
Bombardier Transportation has been commissioned by the Norwegian State Railway (NSB) to refurbish 13 Class 69C train sets (39 vehicles) in a contract worth approximately USD$30 million.
On June 7, 2007, Canada and the EFTA countries announced the conclusion of free trade agreement negotiations. As Canada's first trans-Atlantic free trade agreement, a Free Trade Agreement with the EFTA countries will provide a strategic platform for expanding commercial ties with these countries in particular, and the European Union in general.