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Watchdog wants Lafarge deal okay

Article Abstract:

Canada's Competition Bureau seeks an approval from the Competition Tribunal for a $1 billion divestiture of Canadian assets by French company, Lafarge SA.

France, Cement, hydraulic, Cement, Cement Manufacturing, Canada, Brief Article, Cement industry, Corporate divestiture, Divestiture, Canada. Industry Canada. Competition Bureau, Lafarge S.A.

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Fund says trust rules devastating: Teachers fears changes will hinder its ability to enter into private equity deals

Article Abstract:

The Ontario Teachers pension plan states that Ottawa's changes to the income trust rules will have a devastating effect on its ability to invest in private equity deals. It is described that it would be more difficult to team up with other investors because it would no longer be able to sell its stakes in private investments through the popular income trust model.

Legal issues & crime, Government regulation, Personnel administration, Legal/Government Regulation, Compensation and benefits, Teachers, Pensions, Teacher tenure

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Firm seeks return of water export permit

Article Abstract:

Nova Group of Sault Ste. Marie, Ontario, wants to get back its license to export water from Lake Superior in Ontario. In May 1998, the company received a permit from the Ontario government to export Lake Superior fresh water to Asia, only to lose it again after it set off a nationwide debate about the environmental and international trade consequences of exporting fresh water. Ontario's environmental assessment board is now reviewing the company's request to an appeal, said Karen Vaux, a spokeswoman for Ontario Environment Minister Norm Sterling.

Comment:

Wants to get back its license to export water from Lake Superior in Ontario

Water Supply and Irrigation Systems, Fresh Water, Article, Nova Group

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