The Ottawa high-tech company believes it’s set to take advantage of “market tailwinds,” it said in a news release. That could include selling some assets, but overall Calian said it is happy with its corporate strategy and the composition of its board and doesn’t see a need for a major rethink. (The Logic)

Talking point: Calian was responding to a call from activist investor Plantro, as reported by Bloomberg, to consider changes to maximize shareholder value, up to and including selling itself entirely. Plantro has recently campaigned against the management at Canadian legaltech company Dye & Durham—where Plantro’s Matthew Proud was formerly CEO—and Information Services Corp. Calian sells technological goods and services to customers in defence, space, health, agriculture and other industries. It reported revenue of $192.2 million in its most recent quarter but net profit of $600,000 after spending $3 million on dividends and $16 million on share buybacks. Calian’s share price rose about eight per cent after Plantro’s demands were publicized.