Bausch Health, Solta Medical Say Thermage Brand Receives China Trademark Certification

Colliers International Group's Englobe to Acquire Quebec Engineering Firm Pluritec

Colliers International Group (CIGI.TO) after trade Thursday said its Canadian engineering platform, Englobe, signed an agreement to acquire Quebec engineering-consulting firm Pluritec for an undisclosed price.As part of the deal, Pluritec's senior leadership team will become shareholders of Englobe through Colliers' partnership model, the company said.Pluritec brings more than 200 professionals across six offices in southern Quebec, according to the statement."Joining forces with Pluritec's talented group is a pivotal milestone in Englobe's journey in our home province. The addition of their highly complementary capabilities enhances our market-leading position in Quebec, allowing us to deliver end-to-end solutions for complex infrastructure projects here," Englobe President Mike Cormier said.The company's shares closed down $0.99 to $132.08 on the Toronto Stock Exchange.

Bausch Health's Aesthetic Business, Solta Medical, Earns "Prestigious Trademark Certification" of Thermage in China

Market Chatter: Alberta Oil Pipeline to Cost Sector More Than C$100 Billion, Imperial Says

Alberta's proposed million-barrel-a-day pipeline to the British Columbia coast will require Canada's oil industry to invest more than C$100 billion ($72.5 billion), the chief executive officer of Imperial Oil Ltd. says, Bloomberg is reporting Thursday.Industry will need to invest capital in growing production to fill the new line, make shipping commitments, as well as invest in a carbon capture project mandated by the federal government, John Whelan said at the Energy Roundtable conference in Calgary. The total cost is "north of a hundred billion dollars that we will need to attract to this industry," he said. "Now I think we can do that, but that's kind of scale of what we're talking about."Thursday's report noted Alberta Premier Danielle Smith proposed a new pipeline to the west coast as part of her goal to eventually double oil production in the province. Canadian Prime Minister Mark Carney has pledged to back the new pipeline in exchange for a series of measures including a higher industrial carbon tax and the deployment of a long-planned carbon capture project in the oil sands, called Pathways, to reduce emissions, it also noted.Alberta plans to roll out details of the new pipeline, including the planned route to the coast, by July for federal approval by October, the report says. But Alberta's preferred northwest route faces stiff pushback from Indigenous groups in BC as well as the province's Premier David Eby. The project may also require a lifting of a moratorium on oil tankers if the pipeline goes to the northern BC coast, which Smith wants, it adds.Construction could start late next year, the government has said.(Market Chatter news is derived from conversations with market professionals globally, and/or from other media sources. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)