SEOUL, July 7 (Korea Bizwire) — The joint battery venture between LG Energy Solution Ltd. (LGES) and Stellantis N.V. will receive up to C$15 billion (US$11.2 billion) in incentives for their electric vehicle battery plant under construction in Ontario, Canadian government officials have said. The announcement on Thursday (local time) came a day after LGES [...]
SEOUL, June 29 (Korea Bizwire) — South Korea on Thursday decided to dispatch an emergency firefighting team to Canada to help the North American nation deal with raging wildfires across the country, Seoul’s foreign ministry said. The decision to send the Korea Disaster Relief Team (KDRT) of 151 workers — including firefighters, emergency workers and [...]
Basseterre, June 7 (Korea Bizwire) — The Government of St Kitts and Nevis is proud to announce that after sustained and meaningful dialogue between itself and the government of Canada, Kittians and Nevisians can now travel visa-free to Canada. The policy applies to St Kitts and Nevis nationals who have had a Canadian visa over [...]
SEOUL, May 30 (Korea Bizwire) — POSCO Future M Co., a major South Korean manufacturer of secondary battery materials, said Tuesday its joint venture with General Motors Co. has secured C$300 million (US$221 million) in funding from the Canadian government for their envisioned cathode plant in Quebec. Canadian Industry Minister Francois-Philippe Champagne made the announcement [...]
SEOUL, March 23 (Korea Bizwire) — South Korean food and beverage giant SPC Group on Thursday said its bakery chain Paris Baguette opened its first store in Canada. The store, which was opened on the first floor of the Yonge Sheppard Centre in Toronto, will pave the way for Paris Baguette to expand its presence [...]
TORONTO, Jan. 25 (Korea Bizwire) — No one knows buckets like KFC. For decades, Canadians have gathered around KFC’s iconic bucket to share a meal. Now, KFC is rallying Canadians around their shared passion for buckets through basketball in a definitively Canadian way, with the KFCourt, the world’s first winterized basketball court. While winter is usually [...]
DALLAS, Aug. 2 (Korea Bizwire) – Fogo de Chão, the internationally-renowned restaurant from Brazil that allows guests to make discoveries at every turn, today announced the signing of a franchise development agreement that will bring Fogo’s award-winning dining experience to Canada for the first time. Through the agreement, Debut Development Group, a leading developer, owner and operator [...]
TORONTO, April 12 (Korea Bizwire) — EV Technology Group Ltd., (NEO: EVTG) (the “Company”), a global end-to-end electric vehicle company focused on electrifying iconic driving experiences, today announced that it has received final approval to list its common shares on Canada’s Neo Exchange. Trading is expected to commence at market open on April 12, 2022 [...]
CALGARY, Alberta, March 9 (Korea Bizwire) — Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) in conjunction with FutEra Power Corp. (“FutEra”), a wholly owned subsidiary of Razor, is pleased to announce it is entering a definitive agreement and closed senior debt financing of its Co-produced Geothermal Power Project in Swan Hills, Alberta (the [...]
SEOUL, March 8 (Korea Bizwire) — South Korean chemical maker POSCO Chemical Co. said Tuesday it will build a joint cathode venture with U.S. auto giant General Motors Co. in Canada to supply the key material to the U.S. automaker’s electric vehicles. The US$400 million cathode materials JV in Quebec, Canada, will supply the materials [...]