Procurement
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Barrick Gold and Newmont Mining sign Nevada joint venture agreement [UPDATED]
Under the deal, Barrick will be the operator and will hold a 61.5 per cent stake in the joint venture, while Newmont will own 38.5 per cent
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Airbnb acquires last minute booking service HotelTonight
HotelTonight co-founder and CEO Sam Shank will lead Airbnb’s boutique-hotel category
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SNC-Lavalin selected to build next phase of Ottawa’s $660M light rail transit system
Its subsidiary, TransitNEXT, will design, build and maintain an additional 16 kilometres of track along the city’s Trillium Line
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Who got funded in February (Cleantech)
Fundingportal helps Canadian manufacturers to get funded
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China’s Huawei sues to challenge U.S. security law
The lawsuit asks court to reject as unconstitutional a portion of this year’s U.S. military appropriations act that bars the government and its contractors from using Huawei equipment
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PM will try to douse SNC Lavalin fire by admitting mistakes but nothing illegal
The PM is expected to attribute the controversy to a breakdown in trust and communications between his office and former attorney general
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Ontario to partner with private company to build new transit station at Woodbine
Transportation Minister Jeff Yurek says the deal will allow the province to build new transit at no cost to taxpayers
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Statistics Canada says trade deficit hit record $4.6B in December
Also in December, exports of energy products fell, while imports of motor vehicles and parts were up
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iPhone sales are falling, and Apple’s app fees might be next [UPDATED]
Backlash against the rich commissions Apple earns from all purchases and subscriptions made via iPhone apps could undercut the app store
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SNC-Lavalin CEO urged cabinet to change policies ‘expeditiously’ in 2017 letter
The letter shows a high-level push for policy changes to help the engineering and construction giant avoid prosecution
