Canada

PNB Eyeing Bank In Kazakstan

PNB Eyeing Bank In KazakstanState-run Punjab National Bank (PNB) is looking at acquiring a bank in Kazakhstan and also exploring options of a subsidiary in Canada.

According to the sources, the public sector lender is eyeing a bank with a capital size of $20-25 million.

The bank expected that the Canada subsidiary option would come through by March 2010.

On its abroad proposals, PNB is looking at building up a representative office in Norway, and upgrading the representative office in Shanghai.

Canada Bans BPA In Baby Bottles

Canada Bans BPA In Baby BottlesCanadian government is formally declaring ‘Bisphenol A’ as a toxic substance and bans its use in the manufacture of baby bottles.

"Today's confirmation of our ban on BPA in baby bottles proves that our government did the right thing in taking action to protect the health and environment for all Canadians," said Environment Minister John Baird in a statement Friday.

Canada, EU seek new trade pact amid global financial crisis

Canada, EU seek new trade pact amid global financial crisisMontreal - Canada and the European Union are committed to forging a comprehensive economic partnership, Prime Minister Stephen Harper announced Friday.

The unfolding global financial crisis makes liberalizing trade between Canada and the EU even more crucial, Harper said after a meeting with French President Nicolas Sarkozy and European Commission President Jose Manuel Barroso at the annual Canada-EU Summit in Quebec City.

Canada, EU, seek new trade pact amid global finance crisis

Canada, EU, seek new trade pact amid global finance crisis Montreal - The ongoing global financial crisis tops the agenda of talks between Canadian Prime Minister Stephen Harper and European Union leaders, as they meet Friday to launch a process that might eventually lead to an "economic partnership" between Canada and the EU.

The meeting in Quebec City between Harper, French President Nicolas Sarkozy and Jose Manuel Barroso, president of the European Commission, was initially supposed to focus on a possible free trade deal between Canada and the EU.

New detector may improve detection of dark matter in Universe

Washington, Oct 16: A team of researchers in Canada have made a bold stride in the struggle to detect dark matter, by documenting the discovery of a significant difference between the acoustic signals induced by neutrons and alpha particles in a detector based on superheated liquids.

Since neutron induced signals are very similar to dark matter induced signals, this new discovery, by the PICASSO collaboration, could lead to improved background suppression in dark matter searches with this type of detector.

So far, alpha particles have been an obstacle to the detection of dark matter''s weakly interacting massive particles (WIMPs) in PICASSO.

Re-elected Canadian Premier Harper turns quickly to economy

Re-elected Canadian Premier Harper turns quickly to economyMontreal - Canadian Prime Minister Stephen Harper, buoyed by gains in Tuesday's parliamentary elections, promptly announced an ambitious plan to tackle the financial crisis that has ravaged the neighbouring United States and now threatens Canada.

Harper, among the first world leaders to face voters since the ongoing economic panic started last month, said Wednesday that he intends to make the financial crisis a priority this week during talks with European Union leaders.

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