Canadian investors fear the lack of transparency and inappropriate conduct from Pakistani government.

Verizon Communications Inc. made an offer to buy Wind Mobile as a means of reentering the Canadian market to boost its growth prospects.

Orascom, the subsidiary of Vimpelcom, had withdrawn its bid to gain majority interest in Wind Mobile.

Verizon Communications, among other telecoms firms, may seek to participate in the Canadian wireless market.

Canadian Industry Minister, Christian Paradis squashes Telus Corp's application for a takeover deal with Mobilicity following the Canadian ban for spectrum licenses acquisition from smaller rival companies.

Britain's Crown Estate enters into a joint venture agreement with Canada's Oxford Properties for the redevelopment of the St James district.

In an effort to increase dividends, Suncor CEO undertook a share buy back program. The largest energy company by market value, Suncor Energy Inc announced that it would buy back nearly Can$2 billion or US$1.

Canada's Natural Resources Minister reiterated that only 'strategic' and under 'exceptional circumstances' would state backed enterprises be allowed to takeover in Canada.

The Canadian Competition Bureau and the Department of Canadian Heritage have approved the merger of Random House and the Penguin Group.

PLH acquires Pipeworx with the assistance of Energy Capital Partners. In a statement, PLH Group Inc disclosed that it acquired Pipeworx Ltd. with support from private equity firm Energy Capital Partners.