All entries related to Canada, newest first. tag:eurotrack.ai,2026:en:en/countries/canada 2026-10-30T06:00:00Z Eurotrack tag:eurotrack.ai,2026:3a07d2da:en 2026-10-30T06:00:00Z

According to the joint statement the digital trade agreement will complement the CETA trade agreement, create legal certainty and ease cross-border data flows; the statement gives no signing date (EU-Canada joint statement, 30 Oct 2026). — Source: https://ec.europa.eu/commission/presscorner/detail/en/statement_26_2313

tag:eurotrack.ai,2026:f361daa6:en 2026-10-09T06:00:00Z

Swedish technology group Hexagon is buying Toronto-based geotechnical software provider Rocscience from TA Associates and its founders and management, at an enterprise value of USD 535m. Rocscience is to join the Radar & Monitoring division, with closing, subject to customary conditions, expected in the fourth quarter of 2026 (Hexagon, press release, 9 Oct 2026). — Source: https://news.cision.com/se/hexagon/r/hexagon-forvarvar-rocscience-och-sluter-cirkeln-mellan-overvakning-av-fysiska-miljoer-och-avancerad-,c4406442

tag:eurotrack.ai,2026:962b5a5f:en 2026-10-07T06:00:00Z

Wittington Investments, the holding company of Canada's Weston family, is buying the Boots pharmacy and health and beauty chain in the UK and Ireland from Sycamore Partners and the family of Stefano Pessina for US$8.9bn including debt; Fairfax Financial is to hold about half of the equity. Closing is expected in Q1 2027 (Personal Care Insights, 7 October 2026; second source: ITV News, 7 October 2026). — Sources: https://www.personalcareinsights.com/news/boots-sold-wittington-investments.html · https://www.itv.com/news/2026-10-07/boots-to-be-bought-by-canadas-weston-family-for-67bn

tag:eurotrack.ai,2026:749d8b65:en 2026-09-03T06:00:00Z

The new fleet replaces VIA Rail's long-distance trains on eight main routes serving nearly 400 communities. Alstom will build the cars at its three Canadian plants in Québec and Ontario (Alstom press release, 3 September 2026). — Source: https://www.globenewswire.com/news-release/2026/09/03/3356159/0/en/alstom-s-a-alstom-wins-landmark-contract-to-renew-via-rail-canada-s-long-distance-fleet.html

tag:eurotrack.ai,2026:f1087e0b:en 2026-08-05T06:00:00Z

FCC announced on 5 August 2026 that the Pape North Connect consortium (FCC Canada and Webuild) has signed the target price agreement for the Pape Tunnel and Underground Stations section of Toronto's Ontario Line. The section comprises three kilometres of new twin tunnels and two underground stations, one of them connecting to the existing Pape station on Line 2; the alignment runs from Gerrard Street to the junction of Minton Place and the Don Valley Parkway. The CAD 4.32bn figure is explicitly the estimated total capital cost of the project, not the consortium's contract value. — Source: https://www.fccco.com/en/w/fcc-executes-target-price-agreement-to-design-and-build-the-ontario-line-pape-tunnel-and-underground-stations-project

tag:eurotrack.ai,2026:03ec9c34:en 2026-07-31T06:00:00Z

On 31 July 2026 Canadian Circle K parent Alimentation Couche-Tard announced it would acquire all shares in Polish convenience market leader Żabka through a voluntary tender offer by its subsidiary Circle K Polska, at PLN 32.00 ($8.48) per share — an equity value of around PLN 32.62bn (about $8.6bn). It would be the largest acquisition in the group's history. Shareholders representing about 57% in aggregate — including CVC Capital Partners and Partners Group — have given hard irrevocable undertakings to tender. Żabka operates more than 13,000 stores in Poland and Romania and has been listed on the Warsaw Stock Exchange since October 2024. The transaction is funded through fully committed debt facilities (lead arranger J.P. Morgan); the offer document still has to be reviewed by Poland's financial supervisor KNF, and completion is expected no later than December 2026. The move follows the participation talks with Seven & i Holdings that ended without result on 25 July 2026 (see the entry dated 17 July 2026). Update (26 Aug 2026): Following the KNF review, Couche-Tard launched the offer at an unchanged PLN 32 per share; the subscription period ran from 27 Aug to 25 Sep 2026, valuing Żabka at around PLN 32.6bn (Reuters via Euronext, 26 Aug 2026). Update (17.09.2026): The subscription period has been extended to 26.10.2026 with the price unchanged at PLN 32 per share; the transaction is now scheduled for 29.10.2026 and settlement for 03.11.2026 (Bankier.pl, 17.09.2026). Update (16.10.2026): The subscription period has been extended a second time, now to 02.12.2026, with the price unchanged at PLN 32 per share; the transaction is now scheduled for 07.12 and settlement for 10.12.2026 (Bankier.pl, 16.10.2026). — Sources: https://corporate.couche-tard.com/2026-07-31-ALIMENTATION-COUCHE-TARD-ANNOUNCES-AGREEMENT-TO-ACQUIRE-CONTROLLING-STAKE-IN-ZABKA-GROUP-AND-LAUNCHES-VOLUNTARY-TENDER-OFFER · https://www.bankier.pl/wiadomosc/Przyjmowanie-zapisow-w-wezwaniu-Alimentation-Couche-Tard-na-Zabka-Group-przedluzone-do-26-X-2026-r-9198973.html · https://www.bankier.pl/wiadomosc/Przyjmowanie-zapisow-w-wezwaniu-Alimentation-Couche-Tard-na-Zabka-Group-przedluzone-do-2-XII-26-9214104.html

tag:eurotrack.ai,2026:e30a8695:en 2026-07-24T06:00:00Z

Canadian engineering group WSP Global confirmed on 24 July 2026 that it had submitted a second unsolicited, non-binding proposal to Dutch competitor Arcadis at €51.50 per share — a premium of around 45.8% to the unaffected share price of 22 July 2026. Arcadis rejected an initial offer of €48.50 per share, made on 1 July, on 14 July, saying it did not address concerns about strategic and cultural fit, deal certainty and stakeholder interests. The Arcadis boards have so far not accepted WSP's invitations to talk, and no binding agreement exists. WSP does not state a total transaction value — the reported figure of around US$5bn is press reporting (second source: BNN Bloomberg, 24 July 2026). UPDATE (30 July 2026): The Arcadis board unanimously rejected WSP Global's second non-binding proposal of €51.50 per share as value-destroying. Arcadis points to its own new medium-term targets and argues that the roughly half-equity component of the offer would mean higher leverage and a lower dividend yield. Update (22 Sep 2026): WSP Global has abandoned its takeover pursuit and will not make a public offer for Arcadis, citing the lack of meaningful engagement with the Arcadis board on transaction terms; Arcadis remains independent (Arcadis press release, 22 Sep 2026: https://www.arcadis.com/en/news/global/2026/arcadis-comments-on-wsps-decision-to-not-proceed-with-its-offer). — Source: https://www.globenewswire.com/news-release/2026/07/24/3332870/0/en/WSP-confirms-submission-of-non-binding-indicative-expression-of-interest-to-Arcadis-N-V-to-acquire-all-issued-and-outstanding-shares-in-the-capital-of-Arcadis-N-V-for-an-offer-pric.html

tag:eurotrack.ai,2026:7cba4878:en 2026-07-16T06:00:00Z

GameStop has sold its French subsidiary Micromania-Zing (300+ stores, ~6m customers, part of the group since 2008) to a consortium of four Franco-Québécois entrepreneurs. After months of uncertainty over the chain's future, it is to be repositioned around merchandise, trading cards and pop culture; a flagship store is planned for October 2026. The purchase price was not disclosed. — Source: https://www.journaldunet.com/business/1552775-les-magasins-micromania-zing-ont-ete-rachetes-par-un-consortium-franco-quebecois-de-quatre-entrepreneurs/

tag:eurotrack.ai,2026:72353138:en 2026-02-08T06:00:00Z

Toronto’s Eglinton Crosstown (Line 5) opened on 8 Feb 2026: 19 km with 25 stations and stops, over 10 km of it underground, designed for 123,000 passengers per weekday. Alstom supplied 76 Flexity vehicles and the CBTC signalling and will maintain the fleet; a 9 km westward extension is under construction (LOK Report, 12 Feb 2026) — Source: https://www.lok-report.de/news/uebersee/65075-kanada-torontos-neueste-schnellbahnlinie-die-linie-5-eglinton-ist-fuer-die-oeffentlichkeit-zugaenglich.html

tag:eurotrack.ai,2026:b8538340:en 2026-01-28T06:00:00Z

Lululemon is laying off 100 part-time customer service employees (GEC – Global Experience Center) in North America. Reason: converting the contact centre from a part-time to a full-time staffing model as part of strategic efforts to strengthen the business. This is the second wave of layoffs (summer 2025: ~150 jobs cut). The company is under pressure: revenues in North America are declining, the brand has moved away from its yoga roots and comes across as more generic, and the share price has fallen 53% over the past year. Founder Chip Wilson is increasingly criticising management and launched a proxy fight to change the board; most recently he criticised the transparency scandal over the 'Get Low' leggings as an 'operational failure'. CEO Calvin McDonald is stepping down at the end of January; a successor is not yet known. — Source: https://www.businessinsider.de/wirtschaft/lululemon-entlaesst-100-mitarbeiter-und-will-sich-aus-der-krise-kaempfen/

tag:eurotrack.ai,2026:caf5afc3:en 2026-01-15T06:00:00Z

On 15 January 2026 Alstom reached an agreement worth CAD 2.3 billion (approx. EUR 1.4 billion) with the Toronto Transit Commission for 70 six-car Metropolis metro trains, with options for up to 150 further trainsets. Fifty-five trains will replace the ageing fleet on Line 2, while the remaining 15 are earmarked for the Line 1 Yonge North and Line 2 Scarborough extensions. Alstom says the deal will create up to 945 direct jobs in Canada (over 600 at Alstom itself) plus more than 1,700 indirect jobs, using Canadian carbon steel and aluminium among other inputs. — Source: https://www.alstom.com/press-releases-news/2026/1/alstom-provide-new-subway-train-nst-fleet-torontos-subway

tag:eurotrack.ai,2026:264a6278:en 2025-12-09T06:00:00Z

Canada's Cronos Group announced on 9 December 2025 the purchase of Voorne aan Zee-based CanAdelaar, the largest operator in the Dutch adult-use cannabis pilot; the base price is €57.5m, plus contingent payments of 0.5 times normalised EBITDA for 2026 and 2027. Update (15 October 2026): the acquisition has been completed; CanAdelaar operates a greenhouse of about 50,000 m² (Cronos Group, 15 October 2026). — Source: https://www.globenewswire.com/news-release/2026/10/15/3381478/0/en/cronos-completes-acquisition-of-canadelaar-europe-s-largest-adult-use-cannabis-company.html