plants in 19 countries, including Mexico, Latin and South America, the United States, Europe and Asia. Canada's fifth-largest independent oil producer, Talisman Energy, was purchased by Repsol, the Spanish oil major, for $8.3 billion plus the assumption of $4.7 billion of Talisman's debt. The oil sands in Alberta cover a vast area, and the pipelines needed to ferry their output to the BC coastline, where it will be transported by ship to Asian markets, span a wide range of investments. Many joint venture projects with foreign firms exist because Canadian capital is insufficient. Examples of news articles that have yet to be harvested for this wiki are a CBC article, and the BC regulator, as well as p. 13 of a report from Ernst and Young. 2015 On 16 April, the Saudi Agricultural and Livestock Investment Co. (SALIC) partnered with U.S. agribusiness giant Bunge Limited to form Global Grain Group (G3), which will be the majority owner of Winnipeg-based Canadian Wheat Board with an investment valued at $250-million. As the principal was less than the government-regulated threshold, the investment incurred no review. 2016 Thalmic Labs, a wearable computing start-up, invested US$158 Million Real Matters, a property valuation services, received US$100 Million Buildscale, a video marketing platform, received US$49 Million BlueRock Therapeutics, operating in regenerative medicine, received US$295 Million by Versant Ventures Dal Cor Pharmaceuticals received US$126 Million by Sanderling Ventures Zymeworks, operating in antibody and Protein Therapeutics, received US$87.8 from BDC Capital 2017 One large investment in 2017 was the purchase by Hong Kong's Li Ka-Shing, who purchased Reliance Home Comfort—a water heater and air conditioning firm—for $2.82 billion. In March, Teutech Industries—a Guelph, Ontario, based manufacturer of precision machined and heat treated powertrain components—was acquired by Indian auto component manufacturer Hi-Tech Gears at US$44 million investment A Chinese consortium purchased privately held Valiant-TMS which designs and builds automated production systems. References External links Official website Investment promotion agencies Investment in Canada 2018 establishments in Canada Government agencies established in 2018 Global Affairs Canada