Industry Minister Christian Paradis announced late Friday night that the government is not satisfied that the proposed acquisition of Calgary-based natural gas company Progress Energy Resources  Corp. by Malaysia’s state-owned ... [more] Full article

"The cases are important because they will determine whether or not consumers can recover for losses caused by price-fixing several levels ahead of them in the distribution chain," said Michael Osborne, a Toronto-based litigator at Affleck Greene McMurtry LLP. [more] Full article

Corruption is endemic in many emerging economies. Recognising that some of these countries lack legal and political systems robust enough to root out corruption, the global fight against corruption relies on cutting off bribes at the source. An international Anti-Bribery Convention, championed by the OECD, requires countries to make it a crime to pay bribes to foreign public officials. [more] Full article

Criminal charges have been laid against Irving Oil and its Quebec manager, alleging that they fixed the price of gasoline in Victoriaville, Thetford Mines and Sherbrooke, Quebec. The charges are part ... [more] Full article