Mexico and Canada are both quietly taking credit for standing firm against the controversial U.S. position that would have effectively limited their respective countries’ ability to bid on valuable American government infrastructure projects
A sticking point: The U.S. wants to scrap the Chapter 19 dispute resolution mechanism, but Canada seeks an independent bi-national dispute resolution
The total value of the deal is US$170 million
Virginia Gov. Ralph Northam touts the investment as “one of the largest manufacturing investments in the history of this commonwealth”
The revised order would have a list-price value of US$420 million
CAE’s president and CEO Marc Parent defended how his firm potentially stands to benefit amidst heightened military spending south of the border: “To me, there is a societal benefit to what we do,” he said
The Quebec firm will once again contribute to the Electric Circuit public charging network. Since 2013, AddEnergie has provided the network with 1,500 charging stations
The investment follows a deal last year that saw Constellation acquire a nearly 10 per cent stake in Canopy for $245 million
The beverage maker hopes to invest in newer drinks and increase distribution through the acquisition
Newly minted Infrastructure Minister Francois-Philippe Champagne says more than 4,000 projects have been approved for funding since Trudeau’s government took office in 2015
