August 20, 2018 – Canadian Investor

Quebec’s auditor general says provincial books in good shape as election looms

August 20, 2018 Editor

Quebec’s auditor general says the province is on sound financial footing heading into the provincial election. Auditor general Guylaine Leclerc gave her blessing to the Couillard government’s budget strategy in a report released today, ahead of Thursday’s election call. For transparency and to avoid any unpleasant surprises for the next government, lawmakers gave the auditor general’s office a mandate in 2015... Read More

Chinese ambassador hopes to speed trade talks with Canada amid protectionism

August 20, 2018 Editor

TORONTO — China’s ambassador to Canada says his country hopes to speed up bilateral trade talks amid a rise of protectionism. Lu Shaye, speaking through a translator, says he hopes to make progress on a free trade agreement with Canada but that there has been little progress on some issues. Canada has pushed for a progressive trade deal with China that... Read More

N.S., Morocco sign petroleum exploration deal, citing common geological history

August 20, 2018 Editor

HALIFAX — Former neighbours Nova Scotia and Morocco are joining forces in a bid to find petroleum riches. The two were part of the same land mass 200 million years ago, before the supercontinent known as Pangaea broke apart. Now, groups in each territory — the Offshore Energy Research Association of Nova Scotia and Morocco’s Office National des Hydrocarbures et... Read More

PepsiCo buys SodaStream for $3.2 billion

August 20, 2018 Editor

JERUSALEM — PepsiCo bought carbonated drink maker SodaStream for $3.2 billion on Monday, a move the beverage giant hopes will further help it adjust as consumers drink less traditional soda and opt more for flavoured waters and other drinks. The deal is also a boon to SodaStream, which has enjoyed a resurgence after being targeted by anti-Israel boycotters in the past. The... Read More