Category: Canada

MIL-OSI Banking: Apple launches Self Service Repair for iPad, expands repair programs

Source: Apple

Headline: Apple launches Self Service Repair for iPad, expands repair programs

Apple today announced the addition of iPad to Self Service Repair, providing iPad owners with access to repair manuals, genuine Apple parts, Apple Diagnostics troubleshooting sessions, tools, and rental toolkits. Beginning tomorrow, with support for iPad Air (M2 and later), iPad Pro (M4), iPad mini (A17 Pro), and iPad (A16), the launch features components including displays, batteries, cameras, and external charging ports. Today’s announcement joins the expansion of other Apple repair services that further enable customers and independent repair providers to complete out-of-warranty repairs, including new details about the Genuine Parts Distributor program.

“At Apple, our goal is to create the world’s greatest products that last as long as possible,” said Brian Naumann, Apple’s vice president of AppleCare. “With today’s announcement, we’re excited to expand our repair services to more customers, enabling them to further extend the life of their products — all without compromising safety, security, or privacy.”

Launched in 2022, Self Service Repair provides consumers who are comfortable completing their own repairs access to the same manuals, genuine Apple parts, and tools used at Apple Store locations and Apple Authorized Service Providers. Building on Apple’s commitment to expand repair access, the company continues to grow Self Service Repair to support even more products and regions: With the addition of iPad, the Self Service Repair Store now supports 65 Apple products, including the recently released iPhone 16e, MacBook Air, and Mac Studio. This summer, Canada will become the 34th country in which Apple offers Self Service Repair.

Today’s package of announcements also includes more details about Apple’s Genuine Parts Distributor program. The recently launched program broadens access to businesses that do not have a direct service relationship with Apple, fulfilling a need in the repair marketplace while providing customers with more options. Through Genuine Parts Distributor, independent mobile repair professionals can order genuine Apple service parts and components via third-party distributors, including MobileSentrix in the U.S., and MobileSentrix and Mobileparts.shop in Europe. Genuine Parts Distributor offers a wide range of Apple parts for iPhone repairs, including displays, batteries, and charging ports, with iPad parts coming tomorrow. Repair providers interested in learning more can visit the program page.

Over the past several years, Apple has accelerated its repair footprint by expanding the number of professional service locations that have access to genuine Apple parts, tools, and training. Repair options include Apple Store locations, Apple Authorized Service Providers, Independent Repair Providers, mail-in repair centers, Self Service Repair, and the Genuine Parts Distributor program.

MIL OSI Global Banks –

May 28, 2025

MIL-OSI: YieldMax™ ETFs Announces Distributions on CVNY, CONY, YMAG, YMAX, ULTY, and Others

Source: GlobeNewswire (MIL-OSI)

CHICAGO, MILWAUKEE and NEW YORK, May 28, 2025 (GLOBE NEWSWIRE) — YieldMax™ today announced distributions for the YieldMax™ Weekly Payers and Group C ETFs listed in the table below.

ETF Ticker¹	ETF Name	Distribution Frequency	Distribution per Share	Distribution Rate^2,⁴	30-Day SEC Yield³	ROC⁵	Ex-Date & Record Date	Payment Date
CHPY	YieldMax™ Semiconductor Portfolio Option Income ETF	*Weekly*	$0.3860	–	–	96.94%	5/29/25	5/30/25
GPTY	YieldMax™ AI & Tech Portfolio Option Income ETF	*Weekly*	$0.2895	33.82%	0.00%	100.00%	5/29/25	5/30/25
LFGY	YieldMax™ Crypto Industry & Tech Portfolio Option Income ETF	*Weekly*	$0.4906	62.59%	0.00%	100.00%	5/29/25	5/30/25
QDTY	YieldMax™ Nasdaq 100 0DTE Covered Call ETF	*Weekly*	$0.3115	38.15%	0.00%	100.00%	5/29/25	5/30/25
RDTY	YieldMax™ R2000 0DTE Covered Call ETF	*Weekly*	$0.3538	40.76%	0.00%	97.17%	5/29/25	5/30/25
SDTY	YieldMax™ S&P 500 0DTE Covered Call ETF	*Weekly*	$0.2578	30.71%	0.00%	100.00%	5/29/25	5/30/25
ULTY	YieldMax™ Ultra Option Income Strategy ETF	*Weekly*	$0.0954	79.40%	0.00%	100.00%	5/29/25	5/30/25
YMAG	YieldMax™ Magnificent 7 Fund of Option Income ETFs	*Weekly*	$0.2929	97.28%	70.00%	96.58%	5/29/25	5/30/25
YMAX	YieldMax™ Universe Fund of Option Income ETFs	*Weekly*	$0.2149	81.04%	95.10%	81.23%	5/29/25	5/30/25
ABNY	YieldMax™ ABNB Option Income Strategy ETF	Every 4 weeks	$0.3871	41.70%	3.22%	93.60%	5/29/25	5/30/25
AMDY	YieldMax™ AMD Option Income Strategy ETF	Every 4 weeks	$0.4233	70.38%	3.31%	96.48%	5/29/25	5/30/25
CONY	YieldMax™ COIN Option Income Strategy ETF	Every 4 weeks	$0.7351	106.24%	3.39%	80.80%	5/29/25	5/30/25
CVNY	YieldMax™ CVNA Option Income Strategy ETF	Every 4 weeks	$4.5659	125.74%	2.37%	99.33%	5/29/25	5/30/25
FIAT	YieldMax™ Short COIN Option Income Strategy ETF	Every 4 weeks	$0.2667	65.81%	1.14%	96.24%	5/29/25	5/30/25
HOOY	YieldMax™ HOOD Option Income Strategy ETF	Every 4 weeks	$3.3036	–	–	99.33%	5/29/25	5/30/25
MSFO	YieldMax™ MSFT Option Income Strategy ETF	Every 4 weeks	$0.5498	40.29%	3.26%	92.68%	5/29/25	5/30/25
NFLY	YieldMax™ NFLX Option Income Strategy ETF	Every 4 weeks	$0.6832	46.84%	2.79%	94.49%	5/29/25	5/30/25
PYPY	YieldMax™ PYPL Option Income Strategy ETF	Every 4 weeks	$0.5507	53.61%	3.54%	95.28%	5/29/25	5/30/25
Weekly Payers & Group D ETFs scheduled for next week: CHPY GPTY LFGY QDTY RDTY SDTY ULTY YMAG YMAX AIYY AMZY APLY DISO MSTY SMCY WNTR XYZY YQQQ

Standardized Performance and Fund details can be obtained by clicking the ETF Ticker in the table above or by visiting us at www.yieldmaxetfs.com

Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted above. Performance current to the most recent month-end can be obtained by calling (833) 378-0717.

Note: DIPS, FIAT, CRSH, YQQQ and WNTR are hereinafter referred to as the “Short ETFs.”

Distributions are not guaranteed. The Distribution Rate and 30-Day SEC Yield are not indicative of future distributions, if any, on the ETFs. In particular, future distributions on any ETF may differ significantly from its Distribution Rate or 30-Day SEC Yield. You are not guaranteed a distribution under the ETFs. Distributions for the ETFs (if any) are variable and may vary significantly from period to period and may be zero. Accordingly, the Distribution Rate and 30-Day SEC Yield will change over time, and such change may be significant.

Investors in the Funds will not have rights to receive dividends or other distributions with respect to the underlying reference asset(s).

¹All YieldMax™ ETFs shown in the table above (except YMAX, YMAG, FEAT, FIVY and ULTY) have a gross expense ratio of 0.99%. YMAX, FEAT have a Management Fee of 0.29% and Acquired Fund Fees and Expenses of 0.99% for a gross expense ratio of 1.28%. YMAG has a management fee of 0.29% and Acquired Fund Fees and Expenses of 0.83% for a gross expense ratio of 1.12%. FIVY has a Management Fee of 0.29% and Acquired Fund Fees and Expenses of 0.59% for a gross expense ratio of 0.88%. “Acquired Fund Fees and Expenses” are indirect fees and expenses that the Fund incurs from investing in the shares of other investment companies, namely other YieldMax™ ETFs. ULTY has a gross expense ratio of 1.40%, and a net expense ratio after the fee waiver of 1.30%. The Advisor has agreed to a fee waiver of 0.10% through at least February 28, 2026.

² The Distribution Rate shown is as of close on May 27, 2025. The Distribution Rate is the annual distribution rate an investor would receive if the most recent distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by annualizing an ETF’s Distribution per Share and dividing such annualized amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent`t its total return. Distributions may also include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease an ETF’s NAV and trading price over time. As a result, an investor may suffer significant losses to their investment. These Distribution Rates may be caused by unusually favorable market conditions and may not be sustainable. Such conditions may not continue to exist and there should be no expectation that this performance may be repeated in the future.

³ The 30-Day SEC Yield represents net investment income, which excludes option income, earned by such ETF over the 30-Day period ended April 31, 2025, expressed as an annual percentage rate based on such ETF’s share price at the end of the 30-Day period.

⁴ Each ETF’s strategy (except those of the Short ETFs) will cap potential gains if its reference asset’s shares increase in value, yet subjects an investor to all potential losses if the reference asset’s shares decrease in value. Such potential losses may not be offset by income received by the ETF. Each Short ETF’s strategy will cap potential gains if its reference asset decreases in value, yet subjects an investor to all potential losses if the reference asset increases in value. Such potential losses may not be offset by income received by the ETF.
⁵ROC refers to Return of Capital. The ROC percentage indicates how much the distribution reflects an investor’s initial investment. The figures shown for each Fund in the table above are estimates and may later be determined to be taxable net investment income, short-term gains, long-term gains (to the extent permitted by law), or return of capital. Actual amounts and sources for tax reporting will depend upon the Fund’s investment activities during the remainder of the fiscal year and may be subject to changes based on tax regulations. Your broker will send you a Form 1099-DIV for the calendar year to tell you how to report these distributions for federal income tax purposes.

Each Fund has a limited operating history and while each Fund’s objective is to provide current income, there is no guarantee the Fund will make a distribution. Distributions are likely to vary greatly in amount.

Important Information

This material must be preceded or accompanied by the prospectus. For all prospectuses, click here.

Tidal Financial Group is the adviser for all YieldMax™ ETFs.

THE FUND, TRUST, AND ADVISER ARE NOT AFFILIATED WITH ANY UNDERLYING REFERENCE ASSET.

Risk Disclosures (applicable to all YieldMax ETFs referenced above, except the Short ETFs)

YMAX, YMAG, FEAT and FIVY generally invest in other YieldMax™ ETFs. As such, these two Funds are subject to the risks listed in this section, which apply to all the YieldMax™ ETFs they may hold from time to time.

Investing involves risk. Principal loss is possible.

Referenced Index Risk. The Fund invests in options contracts that are based on the value of the Index (or the Index ETFs). This subjects the Fund to certain of the same risks as if it owned shares of companies that comprised the Index or an ETF that tracks the Index, even though it does not.

Indirect Investment Risk. The Index is not affiliated with the Trust, the Fund, the Adviser, or their respective affiliates and is not involved with this offering in any way. Investors in the Fund will not have the right to receive dividends or other distributions or any other rights with respect to the companies that comprise the Index but will be subject to declines in the performance of the Index.

Russell 2000 Index Risks. The Index, which consists of small-cap U.S. companies, is particularly susceptible to economic changes, as these firms often have less financial resilience than larger companies. Market volatility can disproportionately affect these smaller businesses, leading to significant price swings. Additionally, these companies are often more exposed to specific industry risks and have less diverse revenue streams. They can also be more vulnerable to changes in domestic regulatory or policy environments.

Call Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s call writing strategy will impact the extent that the Fund participates in the positive price returns of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold call options and over longer periods.

Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in options contracts. Transactions in some types of derivatives, including options, are required to be centrally cleared (“cleared derivatives”). In a transaction involving cleared derivatives, the Fund’s counterparty is a clearing house rather than a bank or broker. Since the Fund is not a member of clearing houses and only members of a clearing house (“clearing members”) can participate directly in the clearing house, the Fund will hold cleared derivatives through accounts at clearing members.

Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.

Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying instrument, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current income. There is no assurance that the Fund will make a distribution in any given period. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings. A high portfolio turnover rate increases transaction costs, which may increase the Fund’s expenses.

Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.

Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.

New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

Price Participation Risk. The Fund employs an investment strategy that includes the sale of call option contracts, which limits the degree to which the Fund will participate in increases in value experienced by the underlying reference asset over the Call Period.

Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, which focuses on an individual security (ARKK, TSLA, AAPL, NVDA, AMZN, META, GOOGL, NFLX, COIN, MSFT, DIS, XOM, JPM, AMD, PYPL, SQ, MRNA, AI, MSTR, Bitcoin ETP, GDX®, SNOW, ABNB, BABA, TSM, SMCI, PLTR, MARA, CVNA, HOOD), may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole.

Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.

Indirect Investment Risk. The Index is not affiliated with the Trust, the Fund, the Adviser, or their respective affiliates and is not involved with this offering in any way.

Risk Disclosures (applicable only to GPTY)

Artificial Intelligence Risk. Issuers engaged in artificial intelligence typically have high research and capital expenditures and, as a result, their profitability can vary widely, if they are profitable at all. The space in which they are engaged is highly competitive and issuers’ products and services may become obsolete very quickly. These companies are heavily dependent on intellectual property rights and may be adversely affected by loss or impairment of those rights. The issuers are also subject to legal, regulatory, and political changes that may have a large impact on their profitability. A failure in an issuer’s product or even questions about the safety of the product could be devastating to the issuer, especially if it is the marquee product of the issuer. It can be difficult to accurately capture what qualifies as an artificial intelligence company.

Technology Sector Risk. The Fund will invest substantially in companies in the information technology sector, and therefore the performance of the Fund could be negatively impacted by events affecting this sector. Market or economic factors impacting technology companies and companies that rely heavily on technological advances could have a significant effect on the value of the Fund’s investments. The value of stocks of information technology companies and companies that rely heavily on technology is particularly vulnerable to rapid changes in technology product cycles, rapid product obsolescence, government regulation and competition, both domestically and internationally, including competition from foreign competitors with lower production costs. Stocks of information technology companies and companies that rely heavily on technology, especially those of smaller, less-seasoned companies, tend to be more volatile than the overall market. Information technology companies are heavily dependent on patent and intellectual property rights, the loss or impairment of which may adversely affect profitability.

Risk Disclosure (applicable only to MARO)

Digital Assets Risk: The Fund does not invest directly in Bitcoin or any other digital assets. The Fund does not invest directly in derivatives that track the performance of Bitcoin or any other digital assets. The Fund does not invest in or seek direct exposure to the current “spot” or cash price of Bitcoin. Investors seeking direct exposure to the price of Bitcoin should consider an investment other than the Fund. Digital assets like Bitcoin, designed as mediums of exchange, are still an emerging asset class. They operate independently of any central authority or government backing and are subject to regulatory changes and extreme price volatility.

Risk Disclosures (applicable only to BABO and TSMY)

Currency Risk: Indirect exposure to foreign currencies subjects the Fund to the risk that currencies will decline in value relative to the U.S. dollar. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates and the imposition of currency controls or other political developments in the U.S. or abroad.

Depositary Receipts Risk: The securities underlying BABO and TSMY are American Depositary Receipts (“ADRs”). Investment in ADRs may be less liquid than the underlying shares in their primary trading market.

Foreign Market and Trading Risk: The trading markets for many foreign securities are not as active as U.S. markets and may have less governmental regulation and oversight.

Foreign Securities Risk: Investments in securities of non-U.S. issuers involve certain risks that may not be present with investments in securities of U.S. issuers, such as risk of loss due to foreign currency fluctuations or to political or economic instability, as well as varying regulatory requirements applicable to investments in non-U.S. issuers. There may be less information publicly available about a non-U.S. issuer than a U.S. issuer. Non-U.S. issuers may also be subject to different regulatory, accounting, auditing, financial reporting, and investor protection standards than U.S. issuers.

Risk Disclosures (applicable only to GDXY)

Risk of Investing in Foreign Securities. The Fund is exposed indirectly to the securities of foreign issuers selected by GDX®’s investment adviser, which subjects the Fund to the risks associated with such companies. Investments in the securities of foreign issuers involve risks beyond those associated with investments in U.S. securities.

Risk of Investing in Gold and Silver Mining Companies. The Fund is exposed indirectly to gold and silver mining companies selected by GDX®’s investment adviser, which subjects the Fund to the risks associated with such companies.

The Fund invests in options contracts based on the value of the VanEck Gold Miners ETF (GDX®), which subjects the Fund to some of the same risks as if it owned GDX®, as well as the risks associated with Canadian, Australian and Emerging Market Issuers, and Small-and Medium-Capitalization companies.

Risk Disclosures (applicable only to YBIT)

YBIT does not invest directly in Bitcoin or any other digital assets. YBIT does not invest directly in derivatives that track the performance of Bitcoin or any other digital assets. YBIT does not invest in or seek direct exposure to the current “spot” or cash price of Bitcoin. Investors seeking direct exposure to the price of Bitcoin should consider an investment other than YBIT.

Bitcoin Investment Risk: The Fund’s indirect investment in Bitcoin, through holdings in one or more Underlying ETPs, exposes it to the unique risks of this emerging innovation. Bitcoin’s price is highly volatile, and its market is influenced by the changing Bitcoin network, fluctuating acceptance levels, and unpredictable usage trends.

Digital Assets Risk: Digital assets like Bitcoin, designed as mediums of exchange, are still an emerging asset class. They operate independently of any central authority or government backing and are subject to regulatory changes and extreme price volatility. Potentially No 1940 Act Protections. As of the date of this Prospectus, there is only a single eligible Underlying ETP, and it is an investment company subject to the 1940 Act.

Bitcoin ETP Risk: The Fund invests in options contracts that are based on the value of the Bitcoin ETP. This subjects the Fund to certain of the same risks as if it owned shares of the Bitcoin ETP, even though it does not. Bitcoin ETPs are subject, but not limited, to significant risk and heightened volatility. An investor in a Bitcoin ETP may lose their entire investment. Bitcoin ETPs are not suitable for all investors. In addition, not all Bitcoin ETPs are registered under the Investment Company Act of 1940. Those Bitcoin ETPs that are not registered under such statute are therefore not subject to the same regulations as exchange traded products that are so registered.

Risk Disclosures (applicable only to the Short ETFs)

Investing involves risk. Principal loss is possible.

Price Appreciation Risk. As part of the Fund’s synthetic covered put strategy, the Fund purchases and sells call and put option contracts that are based on the value of the underlying reference asset. This strategy subjects the Fund to certain of the same risks as if it shorted the underlying reference asset, even though it does not. By virtue of the Fund’s indirect inverse exposure to changes in the value of the underlying reference asset, the Fund is subject to the risk that the value of the underlying reference asset increases. If the value of the underlying reference asset increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses.

Put Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s put writing (selling) strategy will impact the extent that the Fund participates in decreases in the value of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold put options and over longer periods.

Purchased OTM Call Options Risk. The Fund’s strategy is subject to potential losses if the underlying reference asset increases in value, which may not be offset by the purchase of out-of-the-money (OTM) call options. The Fund purchases OTM calls to seek to manage (cap) the Fund’s potential losses from the Fund’s short exposure to the underlying reference asset if it appreciates significantly in value. However, the OTM call options will cap the Fund’s losses only to the extent that the value of the underlying reference asset increases to a level that is at or above the strike level of the purchased OTM call options. Any increase in the value of the underlying reference asset to a level that is below the strike level of the purchased OTM call options will result in a corresponding loss for the Fund. For example, if the OTM call options have a strike level that is approximately 100% above the then-current value of the underlying reference asset at the time of the call option purchase, and the value of the underlying reference asset increases by at least 100% during the term of the purchased OTM call options, the Fund will lose all its value. Since the Fund bears the costs of purchasing the OTM calls, such costs will decrease the Fund’s value and/or any income otherwise generated by the Fund’s investment strategy.

Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying reference asset, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings.

Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.

Price Participation Risk. The Fund employs an investment strategy that includes the sale of put option contracts, which limits the degree to which the Fund will participate in decreases in value experienced by the underlying reference asset over the Put Period.

Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, for any Fund that focuses on an individual security (e.g., TSLA, COIN, NVDA, MSTR), may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole. Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.

Risk Disclosures (applicable only to CHPY)

Semiconductor Industry Risk. Semiconductor companies may face intense competition, both domestically and internationally, and such competition may have an adverse effect on their profit margins. Semiconductor companies may have limited product lines, markets, financial resources or personnel. Semiconductor companies’ supply chain and operations are dependent on the availability of materials that meet exacting standards and the use of third parties to provide components and services.

The products of semiconductor companies may face obsolescence due to rapid technological developments and frequent new product introduction, unpredictable changes in growth rates and competition for the services of qualified personnel. Capital equipment expenditures could be substantial, and equipment generally suffers from rapid obsolescence. Companies in the semiconductor industry are heavily dependent on patent and intellectual property rights. The loss or impairment of these rights would adversely affect the profitability of these companies.

Risk Disclosures (applicable only to YQQQ)

Index Overview. The Nasdaq 100 Index is a benchmark index that includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market, based on market capitalization.

Index Level Appreciation Risk. As part of the Fund’s synthetic covered put strategy, the Fund purchases and sells call and put option contracts that are based on the Index level. This strategy subjects the Fund to certain of the same risks as if it shorted the Index, even though it does not. By virtue of the Fund’s indirect inverse exposure to changes in the Index level, the Fund is subject to the risk that the Index level increases. If the Index level increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses. The Fund may also be subject to the following risks: innovation and technological advancement; strong market presence of Index constituent companies; adaptability to global market trends; and resilience and recovery potential.

Index Level Participation Risk. The Fund employs an investment strategy that includes the sale of put option contracts, which limits the degree to which the Fund will benefit from decreases in the Index level experienced over the Put Period. This means that if the Index level experiences a decrease in value below the strike level of the sold put options during a Put Period, the Fund will likely not experience that increase to the same extent and any Fund gains may significantly differ from the level of the Index losses over the Put Period. Additionally, because the Fund is limited in the degree to which it will participate in decreases in value experienced by the Index level over each Put Period, but has significant negative exposure to any increases in value experienced by the Index level over the Put Period, the NAV of the Fund may decrease over any given period. The Fund’s NAV is dependent on the value of each options portfolio, which is based principally upon the inverse of the performance of the Index level. The Fund’s ability to benefit from the Index level decreases will depend on prevailing market conditions, especially market volatility, at the time the Fund enters into the sold put option contracts and will vary from Put Period to Put Period. The value of the options contracts is affected by changes in the value and dividend rates of component companies that comprise the Index, changes in interest rates, changes in the actual or perceived volatility of the Index and the remaining time to the options’ expiration, as well as trading conditions in the options market. As the Index level changes and time moves towards the expiration of each Put Period, the value of the options contracts, and therefore the Fund’s NAV, will change. However, it is not expected for the Fund’s NAV to directly inversely correlate on a day-to-day basis with the returns of the Index level. The amount of time remaining until the options contract’s expiration date affects the impact that the value of the options contracts has on the Fund’s NAV, which may not be in full effect until the expiration date of the Fund’s options contracts. Therefore, while changes in the Index level will result in changes to the Fund’s NAV, the Fund generally anticipates that the rate of change in the Fund’s NAV will be different than the inverse of the changes experienced by the Index level.

YieldMax™ ETFs are distributed by Foreside Fund Services, LLC. Foreside is not affiliated with Tidal Financial Group, or YieldMax™ ETFs.

The MIL Network –

May 28, 2025

MIL-OSI: Canadian Credit Market Reaches $2.5 Trillion in Outstanding Balances, with Gen Z Canadians Accounting for 10% of Credit Growth

Source: GlobeNewswire (MIL-OSI)

Key findings from TransUnion report:

New-to-credit Canadians led to greater credit participation, accounting for $2.6 billion in new credit balances in Q1 2025
Subprime consumers are almost twice as likely to go delinquent within 12 months of opening new credit cards, compared to their pre-pandemic cohorts
Growing concerns around Canadian consumers experiencing economic strain

TORONTO, May 28, 2025 (GLOBE NEWSWIRE) — The first quarter of 2025 saw mixed outcomes in the Canadian credit market, according to TransUnion’s Q1 2025 Credit Industry Insights Report (CIIR). Growth was fuelled by increased borrowing from young Canadians and newcomers. Consumer balances for non-mortgage products rose across most products, driven primarily by below prime consumers. Subprime consumers continued to struggle as their delinquency rates rose at significantly higher rates than prime and above consumers. Regional differences in cost of living and economic conditions also led to varying delinquency trends across provinces.

Gen Z Consumers Accelerated Overall Credit Participation with 30.6% Year-Over-Year Growth in New Balances

After the decline in interest rates and inflation in late 2024, Canadians’ total outstanding balances across all credit products grew by 4.7% year-over-year (YoY) and total outstanding credit debt reached $2.5 trillion in Q1 2025. Continued credit expansion, propelled by younger consumers, including new Canadians entering the credit market, was a key driver of this growth.

As Gen Z consumers continued to participate in the credit market, outstanding balances within this generation have grown 30.6% from the prior year, contributing $12 billion or 10.3% of total new balance growth. Canadian newcomers also represent a significant portion of the growing credit market, driving $2.6 billion in new credit balances, a 6.3% increase YoY.

“As a growing share of Gen Z consumers actively engage with credit, lenders face a pivotal opportunity to shape lifelong financial relationships,” said Matt Fabian, director of financial services research and consulting at TransUnion Canada. “This generation values digital-first experiences, personalized education and brands that align with their values. Prioritizing credit education, fostering early loyalty and offering seamless, mobile-friendly solutions will be key to staying relevant and building trust with these new-to-market borrowers.”

Non-Mortgage Balances Continue to Grow, Driven by Below Prime Consumers

Non-mortgage debt grew 2.4% as consumer balances continued to increase across most products. However, total non-mortgage debt did not grow equally across all risk tiers. Below prime average consumer balances grew 4.4%, with subprime consumers contributing the highest increase at 6.3%, while prime plus and super prime consumer balances remained mostly flat.

Risk Tier	Avg. Non-Mortgage Balances per Consumer	YoY Change in Non-Mortgage Balances	YoY Change in Consumer Card Balances	YoY Change in Consumer Personal Loan Balances
Super Prime	$26,355	0.10%	-0.30%	4.50%
Prime Plus	$26,301	0.10%	1.10%	4.50%
Prime	$24,983	3.30%	6.20%	4.90%
Near Prime	$29,681	3.80%	5.90%	4.70%
Subprime	$23,638	6.30%	5.50%	6.70%

The YoY growth in average balances among below prime consumers may be due to these consumers utilizing more credit to augment disposable income in the face of elevated prices. This trend was seen particularly with the growth in credit card and personal loan balances, as these are traditionally the products used by consumers for liquidity. Below prime consumer average balances across these products grew at a faster rate than overall borrower balance growth during this period.

Additionally, the data shows regional disparities in the YoY growth rates of non-mortgage debt, although province rankings did not change from the previous quarter. P.E.I. and Newfoundland had the highest average debt per borrower, while Quebec and Manitoba had the lowest. While the gap between the highest and lowest average debt balances across provinces may not appear substantial, even modest differences in average debt per consumer can significantly influence delinquency rates. Consumers in provinces with higher average debt levels may be more susceptible to increases in interest rates as well as higher everyday living costs, making them more vulnerable to financial strain and increasing the likelihood of delinquency, particularly during economic downturns.

“The rise in balances from higher-risk and more vulnerable credit consumers signals a critical moment for lenders to reassess risk strategies and engagement models. Proactive credit monitoring, tailored financial support and early intervention tools can mitigate potential delinquencies while still maintaining consumer access to credit,” said Fabian. “At the same time, consumers should continue to build financial resilience by understanding their credit profiles, seeking guidance when needed and using credit responsibly. Empowered, informed borrowers are key to a healthier credit ecosystem.”

Ranking Average Consumer Non-Mortgage Debt Balance by Province

	Q1 2024	Q1 2025	YoY Change
Canada	$25,786	$26,415	2.44%
PEI	$27,696	$29,364	6.02%
NL	$27,876	$28,775	3.23%
BC	$27,656	$28,585	3.36%
AB	$28,304	$28,403	0.35%
ON	$26,880	$27,544	2.47%
SK	$26,683	$26,972	1.08%
NS	$24,266	$24,929	2.73%
NB	$23,675	$24,497	3.47%
QC	$22,152	$22,756	2.72%
MB	$20,268	$20,802	2.63%

Lower Canada Consumer Credit Index Reflects Weakening Market Conditions

Economic uncertainty has recently muted credit demand while supply remains strong. Additionally, uncertainty has shifted some credit behaviours as consumers balances have increased while credit performance has remained relatively stable from prior year, driving the Canada Consumer Credit Index to 100.3, down almost 6 points from the prior year.

Differing Impact of Economic Volatility Across Risk Tiers

A widening financial divide is emerging among credit consumers across Canada. While recent improvements in inflation and interest rates have provided relief for some, enabling them to reduce debt and strengthen their financial positions, others continue to face significant challenges. These consumers are still grappling with the prolonged effects of past economic volatility, highlighting an uneven recovery and growing disparity in financial resilience.

Overall consumer-level serious delinquency (consumers 60 days or more delinquent on any credit product) was up 11 basis points YoY to 2.71% in Q1 2025. This increase was driven in part by the recent growth in new-to-credit consumers, who generally carry higher risk in their early years due to their limited credit experience. Even with the recent increase, the current levels of delinquency are similar to those seen prior to the pandemic.

Subprime consumers have become more likely to experience delinquency soon after opening a new product, with the delinquency rate within the first six months of opening a new credit account doubling between 2020 and 2024. This is particularly evident for below prime credit card and personal loans, where consumers may be more sensitive to interest rates. Subprime consumers that opened a credit card in 2023 or 2024 were 1.7x–2.0x as likely to go delinquent within the first 12 months of holding that card than those who opened a card in 2020. These findings further demonstrate the increased vulnerability that subprime borrowers have to macroeconomic factors such as higher interest rates and increased cost of living.

Delinquency (90+ DPD) in the First 12 Months on Subprime Card Originations
	Q1 2020	Q1 2021	Q1 2022	Q1 2023	Q1 2024
12 Months on Book	6.46%	9.18%	11.86%	12.68%	10.76%

Geography is also playing a role in the vulnerability or resilience of consumers. A 16 basis point YoY increase in serious consumer delinquencies led to Alberta continuing to have the highest rate across all provinces in Q1 2025, driven by the volatility in oil and gas prices that play a large role in Alberta’s economy. While Quebec remained the province with the lowest rate of delinquencies, it had a seven basis point increase YoY.

“We’ve seen volatility in delinquency rates attributed to a mix of regional economic pressures and demographic factors. Regional variations in both cost of living as well as wage growth, along with pressure from macro-economic cycles, disproportionately impact specific regions, and hence some provinces have had more volatile consumer credit performance,” Fabian said. “These findings underscore the importance of regionally tailored lending policies and support systems to address the unique challenges faced by those households. Additionally, consumers in more vulnerable areas should stay vigilant in keeping current on payments, monitoring credit and building emergency savings.”

About TransUnion (NYSE: TRU)

TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries, including Canada, where we’re the credit bureau of choice for the financial services ecosystem and most of Canada’s largest banks. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this by providing an actionable view of consumers, stewarded with care.

Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good^® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world.

For more information visit: www.transunion.ca

For more information or to request an interview, contact:

Contact: Katie Duffy
E-mail: katie.duffy@ketchum.com
Telephone: +1 647-772-0969

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/a2ac9d72-919c-465a-a6a5-bd6b61735e35

https://www.globenewswire.com/NewsRoom/AttachmentNg/d0b862de-42f0-43d1-91d5-95001a3f413e

The MIL Network –

May 28, 2025

MIL-OSI Asia-Pac: Canadian firms urged to re-domicile

Source: Hong Kong Information Services

On day two of his Canada visit, Secretary for Financial Services & the Treasury Christopher Hui urged two Canadadian-based insurance companies to consider re-domiciling their companies to Hong Kong to enjoy the relevant legal and taxation convenience, as well as to lower their compliance costs for satisfying two sets of regulatory requirements.

During yesterday’s duty visit, Mr Hui met Manulife President & Chief Executive Officer Phil Witherington and Chief Financial Officer Colin Simpson, as well as SunLife Executive Vice-President & Chief Financial Officer Tim Deacon and Executive Vice-President & Chief Strategy & Enablement Officer Linda Doughety.

Both companies are Canadian-based and have extended their business to Hong Kong.

Mr Hui introduced them to the newly enacted legislation on re-domiciliation of companies, adding that on the very first day the company re-domiciliation regime came into effect last Friday, an international insurance group immediately announced its plan to re-domicile its company to Hong Kong.

He pointed out that this news was the best testament to the regime’s effectiveness in enhancing companies’ operational efficiency, thereby consolidating Hong Kong’s position as a leading international financial centre.

Under the new regime, non-Hong Kong-incorporated companies may apply to re-domicile to Hong Kong if they fulfil requirements concerning company background, integrity, member and creditor protection, solvency, etc, while maintaining their legal identity as a body corporate to ensure business continuity.

If the company’s actual similar profits are also taxed in Hong Kong after re-domiciliation, the Government will provide the company with unilateral tax credits to eliminate double taxation.

Mr Hui highlighted that Hong Kong has a strong foundation in investment and trade, making it an ideal location for global enterprises to access insurance, reinsurance and risk management services, as well as to establish captive insurers. He also noted that there are vast opportunities for insurance companies in Hong Kong.

Mr Hui then attended a business luncheon organised by the Hong Kong Economic & Trade Office (Toronto), Invest Hong Kong (Canada) and the National Club.

He gave a presentation themed “Hong Kong as an anchor of stability amid the changing world” to showcase to the attending financial leaders the stellar figures recorded in the financial market, and banking and monetary markets.

Mr Hui talked about the Government’s efforts in aligning with international standards and boosting the development of green and sustainable finance and the virtual asset market. He highlighted that with its competitive advantages and proactive measures, as well as the stability and predictability of its financial market, Hong Kong has been earning the confidence of global investors.

Additionally, Mr Hui met Ontario Securities Commission (OSC) Chief Executive Officer Grant Vingoe and both agreed that in today’s shifting global landscape, collaboration with trusted allies would ensure capital markets remain robust and resilient.

The Securities & Futures Commission of Hong Kong entered into a memorandum of understanding with the OSC in mid-May to include Ontario of Canada in its list of acceptable inspection regimes for strengthening the regulatory collaboration and exchange of information between the two regulators.

In the evening, Mr Hui had a dinner meeting with Hong Kong-Canada Business Association (Toronto Chapter) President Joseph Chaung, and the association’s board members to brief them on the latest developments and future direction of Hong Kong’s financial market.

Mr Hui also paid a courtesy call on Consul-General of the People’s Republic of China in Toronto Luo Weidong. Both expressed their anticipation that Hong Kong, with the support of the nation and its solid foundation and forward-looking measures in financial areas, will engage in more co-operation with Canada.

MIL OSI Asia Pacific News –

May 28, 2025
MIL-OSI Economics: Kazuo Ueda: Opening remarks – BOJ-IMES conference 2025

Source: Bank for International Settlements

I. Introduction

We are pleased to welcome all of you, distinguished speakers and guests, to the 2025 BOJIMES Conference. Thank you very much for your participation.

The first BOJ-IMES Conference was held in 1983, and while it was held biennially in some cases, this year marks the 30th edition. Since its inception, the conference has brought together participants from central banks, international institutions, and academia, providing a valuable platform for candid and active discussions on central banking in the context of the evolving global landscape.

The theme of this anniversary conference is “New Challenges for Monetary Policy.” I have just returned from the G7 meeting in Canada, where many of my colleagues expressed confidence in the progress made toward fulfilling their mandates, though they also acknowledged new challenges such as heightened trade policy uncertainty and dealing effectively with more frequent supply shocks.

To be honest, I felt slightly left out, though not for the first time, because here in Japan we are still grappling with the longstanding challenge of achieving our 2 percent inflation target in a sustainable manner, while being mindful of the implications of the zero lower bound of policy interest rates.

That said, the nature of our challenge has evolved considerably in recent years. We are now closer to the target than at any time during the last three decades, though we are not quite there. Our recent path has been affected in a unique way by supply shocks.

MIL OSI Economics –

May 28, 2025
MIL-OSI Asia-Pac: SFST urges Toronto companies to re-domicile (with photos)

Source: Hong Kong Government special administrative region

SFST urges Toronto companies to re-domicile
He visited two Canada-based insurance companies that have extended their business to Hong Kong. Mr Hui met separately with the President and Chief Executive Officer, Mr Phil Witherington, and the Chief Financial Officer, Mr Colin Simpson, of Manulife; as well as the Executive Vice-President and Chief Financial Officer, Mr Tim Deacon, and the Executive Vice-President and Chief Strategy and Enablement Officer, Ms Linda Doughety, of SunLife. He introduced them to the newly enacted legislation on re-domiciliation of companies, encouraging them to consider re-domiciling their companies to Hong Kong to enjoy the relevant legal and taxation convenience, as well as to lower their compliance costs for satisfying two sets of regulatory requirements. He also mentioned that on the very first day the company re-domiciliation regime came into effect last Friday, an international insurance group immediately announced its plan to re-domicile its company to Hong Kong. This news was the best testament to the regime’s effectiveness in enhancing companies’ operational efficiency, thereby consolidating Hong Kong’s position as a leading international financial centre.

Under the new regime, non-Hong Kong-incorporated companies may apply to re-domicile to Hong Kong if they fulfil requirements concerning company background, integrity, member and creditor protection, solvency, etc, while maintaining their legal identity as a body corporate to ensure business continuity. If the company’s actual similar profits are also taxed in Hong Kong after re-domiciliation, the Government will provide the company with unilateral tax credits to eliminate double taxation.

Mr Hui pointed out that Hong Kong has a strong foundation in investment and trade, making it an ideal location for global enterprises to access insurance, reinsurance and risk management services, as well as to establish captive insurers. There are vast opportunities for insurance companies in Hong Kong.

At noon, Mr Hui attended a business luncheon organised by the Hong Kong Economic and Trade Office (Toronto), Invest Hong Kong (Canada) and the National Club. He gave a presentation themed “Hong Kong as an anchor of stability amid the changing world” to showcase to the attending financial leaders the stellar figures recorded in the financial market, and banking and monetary markets. He also talked about the Government’s efforts in aligning with international standards and boosting the development of green and sustainable finance and the virtual asset market. He said that, with its competitive advantages and proactive measures, as well as the stability and predictability of its financial market, Hong Kong has been earning the confidence of global investors. Mr Hui also had a fireside chat with the President of the National Club, Mr Arnie Guha, and answered questions from the floor. The luncheon was well received. Participants were attracted by the various new developments in Hong Kong’s financial markets introduced by Mr Hui.

In the afternoon, Mr Hui met with the Chief Executive Officer of the Ontario Securities Commission (OSC), Mr Grant Vingoe, and OSC representatives. The Securities and Futures Commission of Hong Kong entered into a Memorandum of Understanding with the OSC in mid-May to include Ontario of Canada in its list of acceptable inspection regimes for strengthening the regulatory collaboration and exchange of information between the two regulators. Both Mr Hui and Mr Vingoe agreed that in today’s shifting global landscape, collaboration with trusted allies would ensure capital markets remain robust and resilient.

In the evening, Mr Hui had a dinner meeting with the President of the Hong Kong-Canada Business Association (HKCBA) (Toronto Chapter), Mr Joseph Chaung, and board members to brief them on the latest developments and future direction of Hong Kong’s financial market. The HKCBA has members in eight Canadian cities to foster bilateral trade.

Mr Hui also paid a courtesy call to the Consul-General of the People’s Republic of China in Toronto, Mr Luo Weidong. Both expressed their anticipation that Hong Kong, with the support of the nation and its solid foundation and forward-looking measures in financial areas, will engage in more co-operation with Canada.

On May 28 (Toronto Time), Mr Hui will travel to Ottawa to meet with government financial officials.
Issued at HKT 12:26

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CategoriesMIL-OSI

MIL OSI Asia Pacific News –

May 28, 2025
MIL-OSI Canada: Government of Canada to mark the 25th anniversary of the entombment of Canada’s Unknown Soldier

Source: Government of Canada News

Ottawa, ON – Veterans Affairs Canada will host a commemorative ceremony at the National War Memorial in Ottawa to mark the 25th anniversary of the entombment of Canada’s Unknown Soldier. Her Excellency, the Right Honourable Mary Simon, Governor General of Canada, will lay a wreath and deliver remarks alongside the Honourable Jill McKnight, Minister of Veterans Affairs and Associate Minister of National Defence, representatives from The Royal Canadian Legion and other dignitaries.

The Tomb of the Unknown Soldier stands as a powerful symbol of remembrance, representing the more than 120,000 Canadians who gave their lives in service to peace and freedom. It is a memorial for all who served in the navy, army, air force and merchant marine, and those who may serve in the future.

Location:    National War Memorial
                      Ottawa, Ontario

Date:            Wednesday, 28 May 2025

Time:           10:30 EDT

Notes for media:

Media who wish to participate must register by 08:00 EDT on Wednesday, 28 May 2025 by contacting media@veterans.gc.ca with their name and media outlet. Media are asked to arrive no later than 10:00 EDT.

Please let us know if you have any accessibility needs and we will work with you to enable your participation.

MIL OSI Canada News –

May 28, 2025
MIL-OSI: TransAlta Renews Normal Course Issuer Bid

Source: GlobeNewswire (MIL-OSI)

CALGARY, Alberta, May 27, 2025 (GLOBE NEWSWIRE) — TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that the Toronto Stock Exchange (“TSX”) has accepted the notice filed by the Company to implement a normal course issuer bid (“NCIB”) for a portion of its common shares (“Common Shares”).

Pursuant to the NCIB, TransAlta may repurchase up to a maximum of 14,000,000 Common Shares, representing approximately 4.7% of the 296,449,829 Common Shares issued and outstanding as at May 20, 2025. Purchases under the NCIB may be made through open market transactions on the TSX and any alternative Canadian trading systems on which the Common Shares are traded, based on the prevailing market price. Any Common Shares purchased under the NCIB will be cancelled.

Transactions under the NCIB will depend on future market conditions. TransAlta will initially retain discretion whether to make purchases under the NCIB, and to determine the timing, amount and acceptable price of any such purchases, subject at all times to applicable TSX and other regulatory requirements. The period during which TransAlta is authorized to make purchases under the NCIB commences on May 31, 2025, and ends on May 30, 2026, or such earlier date on which the maximum number of Common Shares are purchased under the NCIB or the NCIB is terminated at the Company’s election.

Under TSX rules, not more than 481,658 Common Shares (being 25% of the average daily trading volume on the TSX of 1,926,633 Common Shares for the six months ended April 30, 2025) can be purchased on the TSX on any single trading day under the NCIB, with the exception that one block purchase in excess of the daily maximum is permitted per calendar week.

TransAlta has repurchased and cancelled 7,963,000 Common Shares on the open market through the facilities of the TSX and/or alternative Canadian trading systems at an average price of $12.00 per share under its prior NCIB approved by the TSX on May 27, 2024, for the twelve-month period commencing May 31, 2024.

The NCIB provides the Company with a capital allocation alternative with a view to providing long-term shareholder value. TransAlta’s Board of Directors and Management believe that, from time to time, the market price of the Common Shares does not reflect their underlying value and purchases of Common Shares for cancellation under the NCIB may provide an opportunity to enhance shareholder value.

About TransAlta Corporation:
TransAlta owns, operates and develops a diverse fleet of electrical power generation assets in Canada, the United States and Australia with a focus on long-term shareholder value. TransAlta provides municipalities, medium and large industries, businesses and utility customers with clean, affordable, energy efficient and reliable power. Today, TransAlta is one of Canada’s largest producers of wind power and Alberta’s largest producer of hydro-electric power. For over 114 years, TransAlta has been a responsible operator and a proud member of the communities where we operate and where our employees work and live. TransAlta aligns its corporate goals with the UN Sustainable Development Goals and the Future-Fit Business Benchmark, which also defines sustainable goals for businesses. Our reporting on climate change management has been guided by the International Financial Reporting Standards (IFRS) S2 Climate-related Disclosures Standard and the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. TransAlta has achieved a 70 per cent reduction in GHG emissions or 22.7 million tonnes CO2e since 2015 and received an upgraded MSCI ESG rating of AA.

For more information about TransAlta, visit its website at transalta.com.

Cautionary Statement Regarding Forward-looking Information:
This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words “may”, “will”, and similar expressions are intended to identify forward-looking information or statements. More particularly, and without limitation, this news release contains forward-looking statements and information relating to TransAlta’s intentions with respect to the NCIB, the effects of repurchases of Common Shares and purchases thereunder, including any enhancement to shareholder value. These statements are based on TransAlta’s belief and assumptions based on information available at the time the assumptions were made. These statements are subject to a number of risks and uncertainties that may cause actual results to differ materially from those contemplated by the forward-looking statements. Some of the factors that could cause such differences include: the entering into of an automatic securities purchase plan; legislative or regulatory developments; any significant changes to Common Share price or trading volume; continued availability of capital and financing; changes to general economic, market or business conditions; business opportunities that become available to, or are pursued by TransAlta; and other risk factors contained in the Company’s annual information form and management’s discussion and analysis. Readers are cautioned not to place undue reliance on these forward-looking statements or forward-looking information, which reflect TransAlta’s expectations only as of the date of this news release. TransAlta disclaims any intention or obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Note: All financial figures are in Canadian dollars unless otherwise indicated.

For more information:

The MIL Network –

May 28, 2025
MIL-OSI: QCI’s CTO Andrew Cardno to Speak at C2G Conference on the Power of Analytic Theories in Bingo and Slots

Source: GlobeNewswire (MIL-OSI)

SAN DIEGO, May 27, 2025 (GLOBE NEWSWIRE) — Quick Custom Intelligence (QCI) is proud to announce that Andrew Cardno, Chief Technology Officer of QCI, will be a featured speaker at the upcoming Class 2 Gathering (C2G) Conference, taking place June 2–4, 2025, at Prairie Band Casino in Mayetta, Kansas.

Mr. Cardno will participate in General Session II: “Utilizing Analytic Theories”, scheduled for Tuesday, June 3 from 11:30 AM to 12:20 PM. This session will explore the integration of analytic theories and artificial intelligence to enhance player engagement and drive data-driven decision-making in bingo and slot operations. Joining Mr. Cardno on stage will be Erik Isner, with the session moderated by Eric Casey.

Attendees will gain insight into how descriptive and diagnostic analytics uncover player behavior, while predictive models help forecast churn and high-value player actions. The session will also address solution-focused analytics for retention and monetization, and how probability models and game theory are redefining success in the highly competitive brick-and-mortar gaming landscape.

“Integrating advanced analytic theories with AI is transforming our industry,” said Andrew Cardno, CTO of QCI. “From optimizing bingo outcomes through pattern recognition to leveraging reinforcement learning in slots, we are ushering in a new era of data-led decision making that drives both player satisfaction and operational efficiency.”

Sarah House, C2G Committee Co-Chair, added, “We’re thrilled to have Andrew Cardno bring his extensive expertise to the C2G Conference. His insights into the application of advanced analytics and AI in gaming align perfectly with our mission to drive meaningful conversations around innovation and modernization in tribal gaming.”

The C2G Conference is a key gathering for tribal gaming operators and technology leaders, offering a platform for exploring cutting-edge innovations and strategies to improve performance across gaming properties.

ABOUT CLASS 2 GATHERING
Class 2 Gathering brings together casino and gaming professionals, vendors, and experts in the field of class II casino gaming from the traditional bingo hall experience to the slot floor. The conference will combine education paths, showcase current innovations, plus engaging events for participants.

The education paths have a wide range of topics encompassing class II gaming including data analytics, cybersecurity, guest service, mobile on premise, and the hub and spoke model. Attendees will have the opportunity to visit the exhibitor expo, user workshops, and network during evening events. Registration and agenda information can be found at www.class2gathering.com.

ABOUT QCI
Quick Custom Intelligence (QCI) has pioneered the revolutionary QCI Enterprise Platform, an artificial intelligence platform that seamlessly integrates player development, marketing, and gaming operations with powerful, real-time tools designed specifically for the gaming and hospitality industries. Our advanced, highly configurable software is deployed in over 250 casino resorts across North America, Australia, New Zealand, Canada, Latin America, and Europe. The QCI AGI Platform, which manages more than $35 billion in annual gross gaming revenue, stands as a best-in-class solution, whether on-premises, hybrid, or cloud-based, enabling fully coordinated activities across all aspects of gaming or hospitality operations. QCI’s data-driven, AI-powered software propels swift, informed decision-making vital in the ever-changing casino industry, assisting casinos in optimizing resources and profits, crafting effective marketing campaigns, and enhancing customer loyalty. QCI was co-founded by Dr. Ralph Thomas and Mr. Andrew Cardno and is based in San Diego, with additional offices in Las Vegas, St. Louis, Denver, and Phoenix. Main phone number: (858) 299.5715. Visit us at www.quickcustomintelligence.com.

ABOUT Andrew Cardno
Andrew Cardno is a distinguished figure in the realm of artificial intelligence and data plumbing. With over two decades spearheading private Ph.D. and master’s level research teams, his expertise has made significant waves in data tooling. Andrew’s innate ability to innovate has led him to devise numerous pioneering visualization methods. Of these, the most notable is the deep zoom image format, a groundbreaking innovation that has since become a cornerstone in the majority of today’s mapping tools. His leadership acumen has earned him two coveted Smithsonian Laureates, and teams under his mentorship have clinched 40 industry awards, including three pivotal gaming industry transformation awards. Together with Dr. Ralph Thomas, the duo co-founded Quick Custom Intelligence, amplifying their collaborative innovative capacities. A testament to his inventive prowess, Andrew boasts over 150 patent applications. Across various industries—be it telecommunications with Telstra Australia, retail with giants like Walmart and Best Buy, or the medical sector with esteemed institutions like City Of Hope and UCSD—Andrew’s impact is deeply felt. He has enriched the literature with insights, co-authoring 10 influential books with Dr. Thomas and contributing to over 100 industry publications. An advocate for community and diversity, Andrew’s work has touched over 100 Native American Tribal Resorts, underscoring his expansive and inclusive professional endeavors.

Contact:
Laurel Kay, Quick Custom Intelligence
Phone: 858-349-8354

The MIL Network –

May 28, 2025
MIL-Evening Report: Australia could tax Google, Facebook and other tech giants with a digital services tax – but don’t hold your breath

Source: The Conversation (Au and NZ) – By Fei Gao, Lecturer in Taxation, Discipline of Accounting, Governance & Regulation, The University of Sydney, University of Sydney

Tada Images/Shutterstock

Tech giants like Google, Facebook and Netflix make billions of dollars from Australian users every year. But most of those profits are not taxed here.

To address this tax gap, some countries have introduced a new kind of tax called the digital services tax, or DST. It applies to revenue earned from users in a country, even if the company has no physical operations there. Some European Union member countries, the UK and Canada have all introduced such a tax.

In Australia, it is estimated the five largest tech giants recorded A$15 billion in revenue in Australia last year, but combined they paid only $254 million in tax.

Australia has never contemplated imposing a similar tax. New Zealand tried but backed down last week after the United States threatened to impose higher tariffs on New Zealand goods.

So what’s holding Australia back?

How 20th-century tax treaties create 21st-century problems

To understand why Australia thinks its hands are tied on the taxation of the multinational tech giants, we need to step back in time.

About 100 years ago, Australia and other developed nations decided to tax residents on all their income earned worldwide, while non-residents were taxed only on income earned locally.

After the second world war, Australia entered into tax treaties so foreign companies selling to Australian customers would no longer be taxed here. Instead, those companies’ home countries would tax all their profits.

As the world moved to digital products this century, it became easy for giant multinational enterprises offering advertising on social media (such as Facebook and Instagram), advertising on search platforms (Google), and streaming services (Netflix) to provide those services from abroad. Little or no activity is conducted through local branches.

But countries where the sales are made have increasingly questioned the wisdom of having forfeited their taxing rights over income by foreign providers.

The rise of the digital services tax

The obvious solution would have been to renegotiate the treaties. This would restore the right of countries like Australia to tax foreign companies’ profits made from local customers or users.

However, treaty renegotiation is slow and complex. So several European countries, beginning with France in 2019, came up with a short-cut solution.

They introduced a discrete new tax on sales of digital services, called digital services taxes (DSTs). While the specific design varies by country, most DSTs apply a low tax rate, typically between 3% and 5%, on revenue rather than profits. They target large digital platforms that earn money from users within the taxing country, regardless of the company’s location.

Because DSTs are levied on revenue and are structured as separate from income tax, governments argued they could be introduced without breaching income tax treaties.

The new taxes quickly became popular and spread widely.
In Australia, the Greens have called for a DST, but both major parties have remained steadfast in their objection to a new tax. This is due to the concern that the US may impose retaliatory tariffs on Australian goods.

US tech bosses at the inauguration of President Trump: (from left to right) CEO of Meta Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, CEO of Google Sundar Pichai and X CEO Elon Musk.
Julia Demaree Nikhinson/AFP

How big is the tax loss?

Australians are enthusiastic consumers of digital products. Depending on which companies are included in the calculation, the annual revenues vary between $15 billion and $26 billion a year, but only a fraction of that is taxed here.

At a time when the federal budget is forecasting deficits for the foreseeable future, Australia is foregoing potentially millions in lost revenue from these digital giants.

While Australia has avoided a DST as a solution to the income tax loss, it has been willing to regulate and tax foreign digital companies in other ways.
Australia collects 10% goods and services tax, or GST, on digital services provided to Australian companies, including streaming platforms and app subscriptions.

This helps ensure foreign providers are taxed similarly to domestic ones when it comes to the GST.

Australia has also imposed non-tax obligations on digital giants such as the requirement that digital platforms pay Australian media outlets for using their news content.

Read more:
Australia’s ‘coercive’ news media rules are the latest targets of US trade ire

Serious hurdles for reform

In February, the Trump administration described DSTs as tools used by foreign governments to “plunder American companies” and warned retaliatory tariffs would be imposed in response.

The accompanying White House fact sheet singled out Australia and Canada, arguing the US digital economy dwarfs those countries’ entire economies. It suggested any attempt to tax US tech companies would not go unanswered.

Six weeks later, the US imposed a 10% tariff on most Australian exports to the US and a 25% tariff on steel and aluminium exports.

The US sees its penal tariff plans as a useful negotiating tool to pressure trading partners into retreat on a broad range of peripheral complaints, including the digital services tax.

To date, only two countries have retreated: New Zealand and India. Other countries are standing firm.

In Australia, the Greens have called for the adoption of a DST, but the current and previous governments remain firm in their opposition. There is concern about antagonising the US at a delicate time when our broader trade relations are under scrutiny.

For the foreseeable future, the digital giants will continue to earn billions from Australian users. Most of those profits will remain beyond the reach of Australian tax law.

Richard Krever receives funding from the ARC

Fei Gao does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

– ref. Australia could tax Google, Facebook and other tech giants with a digital services tax – but don’t hold your breath – https://theconversation.com/australia-could-tax-google-facebook-and-other-tech-giants-with-a-digital-services-tax-but-dont-hold-your-breath-257251

MIL OSI Analysis – EveningReport.nz –

May 28, 2025
MIL-OSI: Helium Evolution Provides New Update on Helium Production Facility

Source: GlobeNewswire (MIL-OSI)

CALGARY, Alberta, May 27, 2025 (GLOBE NEWSWIRE) — Helium Evolution Incorporated (TSXV:HEVI) (“HEVI” or the “Company“), a Canadian-based helium exploration company focused on developing assets in southern Saskatchewan, is pleased to announce a major development that advances the Company’s path toward commercial helium production.

North American Helium Inc. (“NAH”) has notified the Company of its intention to construct and operate a 12 million standard cubic feet per day (raw gas volumes) helium processing facility in the Mankota area, to be located at 1-2-4-9W3 (the “Soda Lake Facility”). The Soda Lake Facility is expected to be operational in the fourth quarter of 2025 and will initially tie-in three helium wells through a dedicated pipeline gathering system.

“The addition of the Soda Lake Facility marks a transformational milestone for Helium Evolution,” said Greg Robb, President and CEO of HEVI. “This strategic infrastructure unlocks long-term value from our Mankota assets and reinforces our confidence in the region’s helium potential. We are excited to move forward with our partners at NAH to advance commercial production and deliver value for our shareholders.”

HEVI is pleased to confirm its participation in the Soda Lake Facility and related gathering system infrastructure. The estimated total cost for HEVI’s 20% working interest share of the Soda Lake Facility is approximately $5.2 million. The Soda Lake Facility investment is supported by HEVI’s working capital position as supplemented by its recent financing; however, the Company may access debt or equity markets in the future to support continued growth.

Stay Connected to Helium Evolution

Shareholders and other parties interested in learning more about the Helium Evolution opportunity are encouraged to visit the Company’s website, which includes an updated corporate presentation, and are invited to follow the Company on LinkedIn and X for ongoing corporate updates and helium industry information. Helium Evolution also provides an extensive, commissioned ‘deep-dive’ research report prepared by a third party whose background includes serving as a research analyst for several bank-owned and independent investment dealers.

About Helium Evolution Incorporated

Helium Evolution is a Canadian-based helium exploration company holding the largest helium land rights position in North America among publicly-traded companies, focused on developing assets in southern Saskatchewan. The Company has over five million acres of land under permit near proven discoveries of economic helium concentrations which will support scaling the exploration and development efforts across its land base. HEVI’s management and board are executing a differentiated strategy to become a leading supplier of sustainably-produced helium for the growing global helium market.

For further information, please contact:

Statement Regarding Forward-Looking Information

This news release contains statements that constitute “forward-looking statements.” Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential” and similar expressions, or that events or conditions “will,” “would,” “may,” “could” or “should” occur.

Forward-looking statements in this document include statements regarding the anticipated start date of the Soda Lake Facility, the cost of the Soda Lake Facility and related gathering system infrastructure, tie in or three wells, helium-rich potential of the Mankota region, gas volumes processed through the Soda Lake Facility, accessing debt and/or equity markets, the Company’s expectations regarding the Company becoming a leading supplier of sustainably-produced helium, the Company’s working capital position and recent financings, the Company’s beliefs regarding growth of the global helium market and other statements that are not historical facts. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others: NAH may be unsuccessful in drilling commercially productive wells; drill costs may be higher or lower than estimates; NAH may defer, abandon or accelerate the construction of the Soda Lake Facility and/or the pipeline gathering system; the Company/NAH may not tie in three wells; the Company may not be able to access debt or equity markets in the future; raw gas processed volumes may be less than stated; the Mankota region may not be helium-rich the helium sector may not be promising; new laws or regulations and/or unforeseen events could adversely affect the Company’s business and results of operations; recent financings may not close; stock markets have experienced volatility that often has been unrelated to the performance of companies and such volatility may adversely affect the price of the Company’s securities regardless of its operating performance; risks generally associated with the exploration for and production of resources; the uncertainty of estimates and projections relating to expenses and the Company’s working capital position; constraint in the availability of services; commodity price and exchange rate fluctuations; adverse weather or break-up conditions; and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures.

When relying on forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and risks as well as other uncertainties and potential events. The Company has assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. The forward-looking statements contained in this press release are made as of the date of this press release. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The MIL Network –

May 28, 2025
MIL-OSI: UAB “Atsinaujinančios energetikos investicijos” Starts Exchange And Cash Tender Offer For Notes ISIN LT0000405938
Source: GlobeNewswire (MIL-OSI)

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), CANADA, AUSTRALIA, SOUTH AFRICA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH PUBLICATION, DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE IN THIS STOCK EXCHANGE RELEASE BELOW.
- Under the Exchange offer, the Noteholders of Notes ISIN LT0000405938 (EUR 2021/2025 Notes) may exchange the EUR 2021/2025 Notes to new senior unsecured Notes ISIN LT0000134439 (EUR 2025/2027 Notes) to be issued at an exchange ratio of 1 to 1. These EUR 2025/2027 Notes will carry an annual interest rate of 8.0% and be issued under Final Terms and Base Prospectus approved on 27 May 2025.
- Investors participating in the Exchange offer will receive unpaid accrued interest in cash from 14 December 2024 until 13 June 2025 (including) to be paid on 16 June 2025.
- Under Cash Tender offer the Noteholders of EUR 2021/2025 Notes may receive a cash payment of 99 per cent of Denomination per each EUR 2021/2025 Note tendered on 13 June 2025, plus unpaid accrued interest in cash from 14 December 2024 until 13 June 2025 (including) to be paid on 16 June 2025.
- The Exchange offer period for Noteholders of EUR 2021/2025 Notes will run from 28 May 2025 to 11 June 2025, 2:30 pm CEST/3:30 pm Vilnius time.
- Cash Tender offer period for Noteholders of EUR 2021/2025 Notes will run from 28 May 2025 to 12 June 2025, 2:30 pm CEST/3:30 pm Vilnius time.
Closed – End Investment Company Intended for Informed Investors UAB “Atsinaujinančios energetikos investicijos” has launched its public offering of EUR 2025/2027 Notes and an offer to exchange its EUR 2021/2025 Notes for new EUR 2025/2027 Notes, or alternatively, to tender the EUR 2021/2025 Notes (Denomination of EUR 100,000 and integral multiples of EUR 1,000) for a cash payment of EUR 99.00 per Denomination. The objective is to refinance the EUR 2021/2025 Notes and issue new EUR 2025/2027 Notes in an amount up to EUR 65 million.
Manager of Closed – End Investment Company Intended for Informed Investors UAB “Atsinaujinančios energetikos investicijos”: “With the exchange offer, we are offering existing EUR 2021/2025 Notes investors a possibility to conveniently switch their investment maturing on December 2025 to the newly issued debt securities. As to the cash offer, since after the sale of Polish PV portfolio at the end of 2024 the company has collected excess cash proceeds, it was decided to provide an additional liquidity opportunity for existing investors to tender their notes to the Issuer. The company has allocated up to EUR 10 million for the tender offer which can be increased up to EUR 30 million subject to demand of new EUR 2025/2027 Notes.”
Closed – End Investment Company Intended for Informed Investors UAB “Atsinaujinančios energetikos investicijos” has appointed FMĮ UAB Orion Securities to act as the Lead Manager to UAB “Atsinaujinančios energetikos investicijos” in Exchange and Cash Tender offer for EUR 2021/2025 Notes.

EXCHANGE AND CASH OFFER
Noteholders of the EUR 2021/2025 Notes (ISIN LT0000405938) are invited to:
- Exchange their existing EUR 2021/2025 Notes (ISIN LT0000405938) at a 1:1 ratio for new senior unsecured EUR 2025/2027 Notes (ISIN LT0000134439) with a denomination of EUR 100,000 and integral multiples of EUR 1,000, carrying an annual interest rate of 8.0% to be issued under Final Terms and Base Prospectus approved on 27 May 2025.
- In case there is an oversubscription of EUR 2025/2027 Notes the investors shall be satisfied and the number of EUR 2025/2027 Notes to be allocated to each investor shall be determined upon the discretion of the Issuer.
Alternatively, the Noteholders of the EUR 2021/2025 Notes (ISIN LT0000405938) may:
- Tender their existing EUR 2021/2025 Notes (ISIN LT0000405938) for cash payment of 99 per cent of Denomination per each EUR 2021/2025 Note tendered to be paid on 13 June 2025, plus accrued and unpaid interest from 14 December 2024 until 13 June 2025 (including) to be paid on 16 June 2025.
- Cash offer is of minimum EUR 10 million; cash offer maximum amount of EUR 30 million is subject to demand of new EUR 2025/2027 Notes.
The existing EUR 2021/2025 Notes not exchanged or tendered will remain outstanding and be redeemed at maturity.

INFORMATION ON OFFERING PROCESS
All noteholders will be notified of the offer through their depository banks. Upon instructing their custodian to participate—either by exchanging notes or tendering for cash—the respective EUR 2021/2025 Notes will be restricted from trading. Notes not instructed for participation will remain freely tradable.
Exchange Offer Period: 28 May 2025 – 11 June 2025, closing at 2:30 pm CEST / 3:30 pm Vilnius time.
Results Announcement: On or around 13 June 2025.

NEW EUR 2025/2027 NOTES

Closed – End Investment Company Intended for Informed Investors UAB “Atsinaujinančios energetikos investicijos” intends to issue new EUR 2025/2027 Notes in an amount of EUR 65 million with the following features:
- Interest rate of 8.0% per annum.
- Maturity of 2,5 years.
- Terms and conditions: Final Terms and Base Prospectus. Documents are available at: https://lordslb.lt/AEI_green_bonds_2025/.
- Listing on Nasdaq Vilnius Stock Exchange (Regulated Market).
- Distribution period: from 28 May 2025 to 11 June 2025, 2:30 pm CEST/3:30 pm Vilnius time.
INVESTOR PRESENTATIONS
Manager of Closed – End Investment Company Intended for Informed Investors UAB “Atsinaujinančios energetikos investicijos” Mantas Auruškevičius will present the offer via webcast/conference call:
- English-language session: 4 June 2025 at 13:00 CEST / 14:00 Vilnius time. Please register in advance to attend:
https://us06web.zoom.us/webinar/register/WN_d32cZE8xSqyFs8tcMpwLqA#/registration
- Lithuanian-language session: 5 June 2025 at 9:00 CEST / 10:00 Vilnius time. Please register in advance to attend:
https://us06web.zoom.us/webinar/register/WN_wxUoUAWzQ9244uO9HlNX-g#/registration

CONTACT INFORMATION

For questions about the Exchange offer, please contact Orion Securities via email: corporateaction@orion.lt, phone: +37068758168.
Further details and required documents are available at: https://lordslb.lt/AEI_green_bonds_2025/

IMPORTANT INFORMATION
The information contained herein is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into the United States of America, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or any other countries or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, the notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction. Persons into whose possession this announcement may come are required to inform themselves of and observe all such restrictions.
This announcement does not constitute an offer of securities for sale in the United States of America. The notes have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”) or under the applicable securities laws of any state of the United States of America and may not be offered or sold, directly or indirectly, within the United States of America or to, or for the account or benefit of, U.S. persons (as defined under Regulation S under the Securities Act) except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.
This announcement does not constitute an offer of notes to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the notes. Accordingly, this announcement is not being distributed to, and must not be passed on to, the general public in the United Kingdom. The communication of this announcement as a financial promotion may only be distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (iii) high net worth companies, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons in (i), (ii) and (iii) above together being referred to as “Relevant Persons”). Any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this announcement or any of its contents.

Mantas Auruškevičius
Manager of Closed – End Investment Company Intended for Informed Investors
UAB “Atsinaujinančios energetikos investicijos”
mantas.auruskevicius@lordslb.lt

The MIL Network –
May 28, 2025
MIL-OSI Canada: Highway 1 bus lane construction begins between McKenzie, Colwood interchanges

Major construction is underway on the Highway 1 bus-on-shoulder project, which will improve transit for people travelling between downtown Victoria and the Westshore.

The new bus lanes will stretch from the McKenzie Interchange to the Colwood Interchange on Highway 1, making the bus a faster, more reliable and convenient option for commuters on southern Vancouver Island.

Drivers should expect daytime lane shifts on Highway 1 during construction and are reminded to follow posted speed limits. The Burnside Road on-ramp and the Helmcken overpass will close overnight between 8 p.m. and 5:30 a.m. as needed. The Galloping Goose Trail may have short-term closures of as long as 15 minutes between 8 p.m. and 11 p.m. Highway closures will be updated on DriveBC. Trail closures will be marked with signs on site and posted on the project website.

The Highway 1 bus-on-shoulder project will reduce congestion by prioritizing rapid transit, and is a key part of the South Island Transportation Strategy to create a dedicated rapid transit corridor between downtown Victoria and the Westshore as part of BC Transit’s RapidBus program.

The project also includes a new pedestrian and cyclist bridge on the Galloping Goose Trail at Craigflower Creek to enhance active transportation in the area. Additional improvements include ecological restoration, upgraded bus stops at the Helmcken Interchange, realignments to Portage Road, widened ramps and new roadside barriers.

This work complements the Colquitz Bridges Widening project, which is well underway and supports BC Transit’s upgrades in the Six Mile area of View Royal, improving connections between communities and creating a continuous, rapid-transit corridor. The project is expected to be completed in late fall 2027 and will provide a continuous system of transit-only lanes between downtown Victoria and the Colwood transit exchange.

The bus-on-shoulder project is jointly funded, with the Province contributing $67 million and the federal government investing $28 million through the Public Transit Infrastructure Stream of the Investing in Canada Infrastructure Program.

Learn More:

To learn more about the Highway 1 bus-on-shoulder project, visit: https://gov.bc.ca/hwy1busonshoulder

MIL OSI Canada News –

May 28, 2025
MIL-OSI: CarGurus to Present at William Blair’s 45th Annual Growth Stock Conference

Source: GlobeNewswire (MIL-OSI)

BOSTON, May 27, 2025 (GLOBE NEWSWIRE) — CarGurus, Inc. (Nasdaq: CARG), the No. 1 most visited digital auto platform for shopping, buying, and selling new and used vehicles¹, today announced that Jason Trevisan, Chief Executive Officer, is scheduled to participate in a fireside chat at William Blair’s 45^th Annual Growth Stock Conference on Tuesday, June 3, 2025, at 10:20 AM ET.

A webcast of the fireside chat will be accessible from the Investor Relations page of the company’s website at https://investors.cargurus.com beginning at the time indicated above, and an archive of the presentation will be available there for 30 days following the event.

About CarGurus, Inc.

CarGurus (Nasdaq: CARG) is a multinational, online automotive platform for buying and selling vehicles that is building upon its industry-leading listings marketplace with both digital retail solutions and the CarOffer online wholesale platform. The CarGurus platform gives consumers the confidence to purchase and/or sell a vehicle either online or in-person, and it gives dealerships the power to accurately price, effectively market, instantly acquire, and quickly sell vehicles, all with a nationwide reach. The company uses proprietary technology, search algorithms, and data analytics to bring trust, transparency, and competitive pricing to the automotive shopping experience. CarGurus is the most visited automotive shopping site in the U.S. ¹

In addition to the U.S. marketplace, the company operates online marketplaces under the CarGurus brand in Canada and the U.K., as well as independent online marketplace brands Autolist in the U.S. and PistonHeads in the U.K.

To learn more about CarGurus, visit www.cargurus.com, and for more information about CarOffer, visit www.caroffer.com.

CarGurus® is a registered trademark of CarGurus, Inc., and CarOffer® is a registered trademark of CarOffer, LLC. All other product names, trademarks and registered trademarks are the property of their respective owners.

¹Similarweb: Traffic Report [Cars.com, Autotrader, TrueCar, CARFAX Listings (defined as CARFAX Total visits minus Vehicle History Reports traffic)], Q1 2025, U.S.

Investor Contact:
Kirndeep Singh
Vice President, Head of Investor Relations
investors@cargurus.com

Media Contact:
Maggie Meluzio
Director, Public Relations & External Communications
pr@cargurus.com

The MIL Network –

May 28, 2025
MIL-Evening Report: Discovering new NZ music in the streaming age is getting harder – what’s the future for local artists?

Source: The Conversation (Au and NZ) – By Oli Wilson, Professor & Associate Dean Research, Te Kunenga ki Pūrehuroa – Massey University

Getty Images

New Zealand Music Month turned 25 this year, and there’s been plenty to celebrate – whether it be Mokotron’s Taite Prize-winning Waerea, Lorde’s recent return (though not to New Zealand – yet), or the fact that live performance revenues post-COVID have been strong.

But for new and emerging local artists, Music Month also highlights a lack of visibility on streaming services and commercial radio, which increasingly favour already famous artists, including ones whose heydays were decades ago.

During a month when music fans have been encouraged to stream local, see local and buy local, so far the only homegrown artists to appear in this week’s New Zealand Top 40 Singles chart are Lorde and K-pop star Rosé.

Recently published data shows that as little as 9% of New Zealand streaming, downloads and physical sales revenue is going to local artists. Despite this, according to NZ on Air, 49% of New Zealanders stream music every day. In fact streaming has recently surpassed radio as the main way audiences discover new music, with growing influence from TikTok and Instagram.

On Spotify, which approximately one in three New Zealanders use every day, only one local track – Corella’s Blue Eyed Māori – featured in the 2024 top-50 year-end local playlist. Streaming increasingly privileges and skews towards established releases from well-known artists, and other artists have little control over social media algorithms.

While radio remains relevant, with 46% of New Zealanders listening daily, only two nationwide commercial radio stations played more than 20% local music in 2024.

Structural music industry changes

The Official Aotearoa Music Charts’ End of Year Top 50 Singles provide another useful indication of local music market share. These charts draw on a wide range of sales and streaming data, and aim to provide an authoritative snapshot of what New Zealanders were buying and listening to in that year.

Since COVID, we have seen a sharp decline in local artists featuring in these charts. In 2024, the only New Zealander to feature was Corella’s Blue Eyed Māori, and only four New Zealand albums featured in the End of Year Top 50 Albums, three of which were compilations primarily made up of earlier releases.

Data sourced from aotearoamusiccharts.co.nz, operated by Recorded Music NZ.
CC BY

While COVID lockdowns and border closures hugely disrupted the live music sector, we also saw audiences engaging with a lot more local music. Summer festival Rhythm and Vines sold out an all Kiwi lineup, and the amount of local music on radio reached its highest peak since records began.

This suggests visibility, discoverability and chart success have little to do with the amount or quality of local music being produced. Instead, they are the result of structural changes in the music industries.

Internationally, this has been linked to the market consolidation and dominance of a small number of big players at the expense of local artists, industry and infrastructure.

What can be done?

As global platforms such as Spotify and TikTok have increased their influence on audiences’ ability to discover New Zealand’s music, it’s hard to see a future where business-as-usual will improve the situation for local artists and audiences.

There are potential solutions, however. Australia has committed to imposing local content quotas on international streamers, and Canada has instituted a revenue sharing system between global streamers and broadcasters.

Unlike similar markets, such as Australia and Norway, New Zealand lacks a strong public youth broadcaster. Dedicated investment in this area could help support targeted strategies to promote local music.

Changes in the way local music is funded and nurtured could also help. The government currently funds NZ on Air and the Music Commission, but they have different objectives and obligations. Merging them might streamline decision making and recognise the interconnectedness of the live and recorded music sectors.

If steps aren’t taken soon, New Zealand will struggle to support a thriving local music economy, and New Zealanders will continue to miss out on hearing themselves in the music they listen to.

With Music Month drawing to a close, there needs to be a commitment to structural changes that, over time, will see the development of a year-round celebration of New Zealand music.

Oli Wilson has previously completed research in partnership with or commissioned by APRA AMCOS, Toi Mai Workforce Development Council, Manatū Taonga Ministry for Culture & Heritage and the NZ Music Commission. He has also received funding, or contributed to projects that have benefited from funding from NZ on Air, the NZ Music Commission and Recorded Music New Zealand. He has provided services to The Chills, owns shares in TripTunz Limited, and is a writer member of APRA AMCOS.

Catherine Hoad has completed research in partnership with or commissioned by APRA AMCOS, Toi Mai Workforce Development Council, Manatū Taonga Ministry for Culture & Heritage, NZ On Air, Screen Industry Guild of Aotearoa New Zealand, and the NZ Music Commission.

Dave Carter is a writer member of APRA AMCOS. He has received research funding from Manatū Taongao Ministry for Culture and Heritage, Toi Mai Workforce Development Council, APRA AMCOS, Music NT, Music Tasmania, The Australian Live Music Office, Arts South Australia, City of Melbourne, Film Festivals Australia, City of Sydney. He has also received funding, or contributed to projects that have benefited from funding, for creative work as a producer and engineer from NZ on Air and APRA AMCOS.

Jesse Austin-Stewart has completed commissioned research for NZ On Air and participated in focus groups for Manatū Taonga Ministry for Culture and Heritage. He has received competitive funding from Creative New Zealand, NZ On Air, Manatū Taonga Ministry for Culture & Hertiage, and the NZ Music Commission. He is a writer member of APRA AMCOS and a member of the Composer’s Association of New Zealand and Recorded Music NZ

– ref. Discovering new NZ music in the streaming age is getting harder – what’s the future for local artists? – https://theconversation.com/discovering-new-nz-music-in-the-streaming-age-is-getting-harder-whats-the-future-for-local-artists-257449

MIL OSI Analysis – EveningReport.nz –

May 28, 2025
MIL-OSI Canada: A vision for the future
Source: Government of Canada regional news (2)
Right now, in Canada, students interested in becoming optometrists have limited options. There are only two optometry schools in the country – at the University of Waterloo and the Université de Montréal – and the programs are in high demand. Many prospective students leave the country to study, and often do not return to Canada to practice.

Seeing this gap, Alberta’s government has signed a letter of commitment with Mount Royal University, to support them in working with the University of Waterloo to explore the potential of offering optometry training in Alberta.

“This is a great opportunity for Alberta. Mount Royal University has a strong reputation for providing high-quality health-related education, and we’re confident this partnership will help strengthen Alberta’s ability to train the health professionals we need to support the province’s growing population.”

Myles McDougall, Minister of Advanced Education

“We are committed to improving Albertans’ access to the health services they need. By offering optometry training in Alberta, we can expand educational opportunities for students and encourage them to build their careers here.”

Adriana LaGrange, Minister of Primary and Preventative Health Services

As part of this initiative, the province will be providing Mount Royal University with a $300,000 grant, over two years, to support a feasibility study, which would include exploring program delivery, potential curriculum, a financial model for the program, and regulatory requirements. The Alberta College of Optometrists and the Alberta Association of Optometrists have also expressed interest in the partnership and will be included in the study.

“Mount Royal University is grateful to the Government of Alberta for its support as we build on our strategic partnership with the University of Waterloo to address the increasing demand for vision care and optometry education for Albertans.”

Tim Rahilly, president and vice-chancellor, Mount Royal University

Quick fact
- More than 960 optometrists are working in more than 120 Alberta communities.
Related information
- Alberta College of Optometrists
- Alberta Association of Optometrists
- University of Waterloo School of Optometry and Vision Science
MIL OSI Canada News –
May 28, 2025
MIL-OSI USA: Welch Travels to Ottawa to Talk Trump’s Tariffs Welch Will Host Roundtable Wednesday with Impacted Vermont Businesses at Orvis Rod Shop and Factory

US Senate News:

Source: United States Senator Peter Welch (D-Vermont)
WASHINGTON, D.C.—U.S. Senator Jeanne Shaheen (D-N.H.), Ranking Member of the Senate Foreign Relations Committee, and U.S. Senators Peter Welch (D-Vt.), Kevin Cramer (R-N.D.), Amy Klobuchar (D-Minn.), and Tim Kaine (D-Va.) traveled to Ottawa, Canada late last week to meet with Canadian dignitaries, including Prime Minister Mark Carney, Foreign Minister Anita Anand, Minister of National Defense David McGuinty, Minister of Industry Mélanie Joly, the Business Council of Canada, and other leading Canadian companies and business groups. The Senators underscored bipartisan support for a U.S.-Canada partnership and reiterated their commitment to a strong trading relationship between the United States and Canada. The U.S. policymakers released the following joint statement at the conclusion of their visit to Ottawa:
“We were glad to participate in a bipartisan delegation to Canada and meet with Prime Minister Carney, members of his new cabinet and Canadian business leaders. Our engagements in Ottawa served as an important reminder of the deep economic, security and cultural ties that bind our two nations. We held open and honest discussions on issues ranging from tariffs and trade to increasing defense spending and strengthening military cooperation through NATO, as well as continuing support for Ukraine. These conversations are emblematic of the historically constructive relationship the United States has had, and must continue to have, with our northern neighbor. The U.S.-Canada relationship has made us all safer and more prosperous, protecting our continent from foreign threats and transforming North America into a hub of global trade, innovation and investment. The trip has reaffirmed our joint desire to move past current tensions in the bilateral relationship and lay the groundwork for a stronger partnership moving forward,” said Shaheen, Welch, Cramer, Klobuchar, and Kaine.
View photos below:
Photo Credit: U.S. Embassy Ottawa
Photo Credit: U.S. Embassy Ottawa
Photo Credit: The Office of the Prime Minister of Canada, Lars Hagberg
On Wednesday, Senator Welch will convene Vermont businesses and manufacturers at the Orvis Rod Shop & Factory in Manchester to discuss President Trump’s tariffs and trade war. Senator Welch has hosted roundtables in Stowe, Newport, St. Albans, and virtually to hear concerns and first-hand stories from Vermont and Canadian leaders impacted by the trade war.  
LOGISTICS:  Who: Senator Peter Welch; Vermont businesses and manufacturers  Date: Wednesday, May 28, 2025, at 1:00 PM Location: Orvis Rod Shop & Factory: 4182 Main St, Manchester, VT 05254 (parking in back of lot) Media Note: Press should RSVP to Elisabeth_St.Onge@welch.senate.gov

MIL OSI USA News –

May 28, 2025
MIL-OSI USA: IAM Union Workers at Pratt & Whitney in Connecticut Achieve Contract Victory, Ending Three-Week Strike
Source: US GOIAM Union

HARTFORD, Conn., May 27, 2025 — Approximately 3,000 IAM Union Local 1746 and Local 700 (District 26) members have voted by 74% to ratify a new four-year collective bargaining agreement with engine-maker Pratt & Whitney, officially ending the three-week strike that began on Monday, May 5. Members will return to work tomorrow.

IAM members at Pratt & Whitney produce and maintain jet aircraft engines for military and commercial jets, such as the KC-46 air refueling tanker, the F-35 joint strike fighter, and the A320 commercial airliner.

The new agreement addresses key member concerns surrounding wage growth, retirement security, and job stability. The ratification follows a new round of bargaining and a strong show of solidarity from IAM members and their allies across the state of Connecticut.

Some highlights of the agreement ratified by IAM Union Local 1746 and Local 700 (District 26) members include:
- Job Security:
  - Continued operations in East Hartford and Middletown facilities through 2029.
  - No involuntary layoffs if parts are subcontracted for more than 90 days without a return date.
  - New agreement regarding job protections for turbine airfoil production and a voluntary separation program.
- Contract Term: New four-year contract from May 28, 2025 to May 4, 2029.
- Wages:
  - 6% increase in the first year (includes $0.57 cost-of-living adjustment added to base pay, 2% special adjustment, and 4% general wage increase).
  - Future general wage increases: 3.5% (2026), 3% (2027), and 3% (2028).
- Promotions: Pay increase of $1 or up to the maximum pay for the new job level, whichever is less.
- Pension Plan:
  - Pension payment amount increases from $94 to $113 (effective June 1, 2025).
  - Pension plan contributions end December 31, 2028, and a savings plan will begin January 1, 2029.
  - New options for retirees to receive their pension as a lump sum or while still employed.
- Savings Plan:
  - The maximum weekly matched contribution rises to $115 by 2028, matched 100%.
  - Company automatic contributions increase each year with the GWIs, starting at $118 in 2025.
- Work Schedules: More flexible workweek options for employees.
“Our committee worked tirelessly to ensure our members’ priorities were heard, and this agreement is a direct result of that determination,” said IAM Union District 26 Directing Business Representative Jeff Santini. “We are proud of what was achieved at the table and even prouder of the solidarity shown by our membership throughout this process.”

IAM leadership credited the strength and unity of the membership in securing an improved offer from the company.

“Pratt & Whitney is a leader in the aerospace industry because of the dedication and skill of our members,” said IAM Union Eastern Territory General Vice President David Sullivan. “The voice of the membership was heard loud and clear — and this new agreement reflects the value they bring to Pratt & Whitney. I commend this committee for reflecting the will of the membership.”

This agreement shows the negotiating committee’s commitment to protecting the future for all generations of workers

“We fight every day for the well-being of our IAM members across North America,” said IAM Union International President Brian Bryant. “This ratified agreement is a testament to the power of collective bargaining and the importance of respecting the workforce. We look forward to continuing our partnership with Pratt & Whitney in a way that strengthens both our members and the company.”

IAM Union members at Locals 700 and 1746 play a critical role in Pratt & Whitney’s military and commercial aerospace production.

“Our members stood together with strength and resolve,” said IAM Local 700 President Wayne McCarthy. “This agreement includes real gains for our members and proves what we can accomplish when we stick together.”

IAM members were supported on the picket lines by the Connecticut AFL-CIO and from the likes of U.S. Sen. Richard Blumenthal, U.S Sen. Chris Murphy, U.S. Rep. Rosa DeLauro, U.S. Rep. John Larson, U.S. Rep. Joe Courtney, U.S. Rep. Jahana Hayes, Gov. Ned Lamont, Lt. Gov. Susan Bysiewicz, State Attorney General William Tong, State Treasurer Erick Russell, as well as many other state and local officials.

“We went into these negotiations with clear goals, and thanks to the support and unity of our membership, we’ve delivered results,” said IAM Local 1746 President Howie Huestis. “This contract puts our members in a stronger position for the future, and we’re proud of the work that went into making it happen.”

The IAM Union (International Association of Machinists and Aerospace Workers) is one of North America’s largest and most diverse industrial trade unions, representing approximately 600,000 active and retired members in the aerospace, defense, airlines, shipbuilding, railroad, transit, healthcare, automotive, and other industries across the United States and Canada.

The post IAM Union Workers at Pratt & Whitney in Connecticut Achieve Contract Victory, Ending Three-Week Strike appeared first on IAM Union.

MIL OSI USA News –
May 28, 2025
MIL-OSI: SOLUM Expands Production Capacity and Accelerates Retail Digitalization Across North America

Source: GlobeNewswire (MIL-OSI)

SEOUL, South Korea, May 27, 2025 (GLOBE NEWSWIRE) — SOLUM, a global leader in electronic shelf labels (ESL) and digital retail solutions, is strengthening its global leadership by scaling production and securing key wins across major retail markets. As demand for smart retail technology continues to rise, SOLUM is emerging as a core enabler of retail digital transformation worldwide.

In April 2025, SOLUM’s Vietnam manufacturing facility shipped a record 6.26 million ESL units, the highest monthly volume since the site’s inception. Production value reached KRW 59.6 billion, marking a 33% increase year-over-year. In May, the company expects shipments to exceed 7 million units, with production value approaching KRW 100 billion—a milestone that could mark the plant’s highest monthly performance to date.

This output growth is the result of long-term investment in production automation. Since 2020, SOLUM has introduced multi-phase automation lines for ESL performance testing. Its flagship Newton 2.9-inch model is now fully automated, and semi-automated lines have been optimized to further increase output. Despite a 27% reduction in workforce compared to the 2022 average, per-person productivity has improved, supported by tighter quality control. As of 2024, defect rates dropped to 18 ppm, well below industry norms.

_____________________

North America: Demonstrating ESL Value in High-Volume Grocery Chains

SOLUM has firmly established its North American presence by supplying ESLs to more than 1,000 stores operated by Canada’s largest retail group. The implementation has been particularly impactful in grocery environments where product turnover and price variability demand real-time responsiveness. SOLUM’s ESL system supports dynamic pricing, automated markdowns, and simultaneous display of member and promotional pricing across thousands of SKUs.

“ESLs deliver their highest value in complex environments like grocery stores, where frequent price changes and high operational demands are the norm. Our partnership with Canada’s largest retailer represents a turning point in the region’s digital transformation. We’re aiming for a 70% market share in Canada’s ESL segment,” noted CW Ahn, CEO of SOLUM America.

To support this growth, SOLUM has established a local sales entity in Canada and is expanding its technical and sales teams. The company recently signed a new contract with one of Canada’s Top 3 grocery groups, further enhancing its leadership in the region.

The company’s North America lead stated, “We’re evolving from a hardware vendor into a solution partner. Beyond large enterprise clients, our long-term vision includes empowering small and mid-sized retailers to adopt ESL through a SaaS-based platform. Our organizational growth reflects this shift toward platform-driven retail technology.”

_____________________

Platform-Led Leadership in Smart Retail

As global demand for digital retail solutions accelerates, SOLUM continues to lead through a powerful combination of manufacturing scale, premium quality, and technology integration.

Its Newton ESL lineup supports full product customization, while upcoming solutions—including BLE-based trace tags and handheld terminals—will offer retailers greater operational control and visibility. These initiatives mark SOLUM’s evolution from a hardware supplier to a platform-based smart retail partner.

“SOLUM isn’t just following global retail trends—we’re helping shape them,” said Steve Jun, Head of ESL Division, at SOLUM. “With proven success across North America and Europe, we’re committed to delivering intelligent, future-ready solutions that drive the next phase of retail innovation.”

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6e8f1b89-47c2-4284-a84f-b72a4a452faa

The MIL Network –

May 28, 2025
MIL-OSI Global: Uninformed comments on autism are resonant of dangerous ideas about eugenics

Source: The Conversation – Canada – By Cornelia Schneider, Associate Professor of Education, Mount Saint Vincent University

Robert F. Kennedy Jr., the health and human services secretary in the United States, held a recent news conference and made uninformed comments on autism. His remarks created an uproar, especially among people with autism and other disabilities.

The news conference was related to a new report from the U.S. Centers for Disease Control and Prevention (CDC) about autism.

Among other comments, Kennedy Jr. said:

“Autism destroys families, and more importantly, it destroys our greatest resource, which is our children. These are children who should not be
suffering like this … And these are kids who will never pay taxes. They’ll never hold a job. They’ll never play baseball. They’ll never write a poem. They’ll never go out on a date. Many of them will never use a toilet unassisted.”

Earlier, during a cabinet meeting, he promised to find the cause of autism by September.

Read more:
If Trump puts RFK Jr in charge of health, get ready for a distorted reality, where global health suffers

We are researchers whose combined focus covers the rights of people with disabilities in educational systems and the history of disability in medical discourse. One of us is a sibling (Cornelia) and the other a parent (Martha) to people with intellectual disabilities.

These comments were deeply worrisome for us due to their resonance of dangerous ideas espoused during the eugenics movement.

Origins of eugenics

Eugenics is the belief that society can and should be “improved” through selective breeding. It is based on a pseudo-scientific ranking of humans in a racist and ableist hierachy that judges non-white and disabled people to be the least desirable.

During the height of the movement in the late 19th and early 20th centuries, eugenics was promoted by scientists, physicians, politicians and clergy, authoritative voices who encouraged the “fittest” to reproduce while recommending that those people with “undesirable” physical or intellectual traits be removed from society. Part of achieving this goal meant people with disabilities were sterilized or institutionalized.

Eugenics was applied in its most extreme form in Nazi Germany during the 1930s and ‘40s. Six million Jews, and millions more people, including an estimated 250,000 people with disabilities, were killed.

A formal condemnation of Nazi actions in the form of the Nuremberg Trials fostered a popular backlash to these Nazi horrors after the Second World War, resulting in a global repudiation of eugenic ideas and a gradual phasing out of practices such as sterilization and institutionalization of people with disabilities.

‘Eugenic logic’ seen in many places

However, Kennedy Jr.’s comments remind us that eugenic ideas are alive and well, including, but not exclusively, amid the radical right and tech-enabled ideas about a return to “strongman” values.

Eugenics ideas exist in the form of what bioethicist and humanities scholar Rosemarie Garland-Thomson calls “eugenic logic.” This is the ongoing belief that erasing disability and people with disabilities is a desirable and common-sense objective.

The power of eugenics logic surrounds us. It shapes immigration policy that penalizes disability. It means reproductive technologies and medical practices are used to eliminate certain conditions that cause disabilities.

For example, recently, the Québec College of Physicians called for legislation to allow the euthanasia of severely disabled infants. This also affirms the views of popular but controversial philosopher Peter Singer, who argues that babies with disabilities lack qualities of personhood and therefore could be killed.

Linking human value to ‘productivity’

RFK Jr.’s eugenics ideas resonate strongly today. They square politically with neoliberalism to create a form of ableism that regards the individual citizen as “an able-bodied entrepreneurial entity.”

Neoliberal ableism links human value to their capacity to work, to what disability studies scholars Dan Goodley and Rebecca Lawthom refer to the ability to “productively contribute … bounded and cut off from others, capable, malleable and compliant.”

People with autism, and others who cannot serve society in this way, threaten the neoliberal order and capitalism. They are seen as a detriment to society.

Autism organizations heavily criticized Kennedy Jr. for his portrayal of autistic people as incapable.

However, some critics unwittingly reinforced his neoliberal and eugenic framing of human value. These critics rightly contradicted Kennedy Jr. by pointing out that many people with autism have capabilities that he denied them. However, focusing on those abilities gave support to the devaluation of people with autism — and others with disabilities — who do not possess them, and who cannot be independent or will never be “productive workers.”

The social model of disability

Uninformed comments about autism by people in official health leadership positions threatens to undo decades of work that led to remarkable gains for people with disabilities.

The 1970s and ‘80s saw the development of what disability activists and scholars discuss as the social model of disability. This shifted the understanding of disability away from the “problem” of individuals’ physical/intellectual conditions. Disability is seen as a mismatch of the interactions between the impairment and the barriers it faces in the (social) environment.

This important shift in how disability is understood rejected the notion that disability is a personal fault or flaw. For the first time, it paid attention to environmental, financial and attitudinal barriers. It allowed people with disabilities unprecedented access to education and other aspects of society.

The progress made remains fragile.

Important to push back

All who value human diversity and the continued expansion of the rights of people with disabilities must push back against eugenics politics.

Political parties and broader society must commit to full participation and belonging of all people with disabilities by continuing to remove physical, attitudinal and financial barriers.

Accessibility legislation at the federal and provincial levels must be implemented and enforced. In Canada, this includes the re-establishment of a federal minister for disabilities, a post that previously existed as minister of diversity, inclusion and persons with disabilities) but is lacking under the new Liberal government and its smaller cabinet.

It means we need to heed the voices of disability advocates who have launched a court challenge against a key provision of Medical Assistance in Dying legislation. A recent version of this legislation accepts disability without a terminal condition as a reason to end life. As advocates recently told the United Nations Committee on the Rights of Persons with Disabilities, this implies that a disabled life is not worth living.

Read more:
A dangerous path: Why expanding access to medical assistance in dying keeps us up at night

Lived experiences must inform decisions

The UN Convention on the Rights of Persons with Disabilities (signed by the U.S.; signed and ratified by Canada) lays out the key ideas that Kennedy Jr. appears to reject: “Disability results from the interaction between persons with impairments and attitudinal and environmental barriers.”

The lived experiences of the disability community must always be included in political decision-making.

It’s our responsibility to uphold and protect the human rights of all persons with disabilities, including those who require more intensive support.

The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

– ref. Uninformed comments on autism are resonant of dangerous ideas about eugenics – https://theconversation.com/uninformed-comments-on-autism-are-resonant-of-dangerous-ideas-about-eugenics-256762

MIL OSI – Global Reports –

May 28, 2025
MIL-OSI Canada: Government tables a Motion to bring down costs for Canadians
Source: Government of Canada News (2)

May 27, 2025 – Ottawa, Ontario – Department of Finance Canada

Today, His Majesty King Charles III delivered the Speech from the Throne – outlining the government’s bold and ambitious plan for the future. Key to that plan is bringing down costs so Canadians keep more of their paycheques to spend where it matters most.

To that end, the Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, today tabled a notice of Ways and Means Motion in Parliament with proposals to:
- Deliver a middle class tax cut, providing tax relief for nearly 22 million Canadians and saving families up to $840.
- Eliminate the Goods and Services Tax (GST) for first-time home buyers on new homes valued up to $1 million, saving them up to $50,000, and lower the GST for first-time home buyers on new homes valued between $1 million and $1.5 million.
- Remove the consumer carbon price from law, following its cancellation, effective April 1, 2025.
With these measures, we are delivering change to cut taxes, bring down costs, and put money back in the pockets of Canadians.

MIL OSI Canada News –
May 28, 2025
MIL-OSI Canada: Treasury Board President tables in Parliament the 2025–26 Main Estimates for the Government of Canada

Source: Government of Canada News (2)

May 27, 2025 – Ottawa, Ontario – Treasury Board of Canada Secretariat

Efficiency and effectiveness must guide everything government does. The Government of Canada is focused on maximizing investments that drive growth and deliver results.

To that end, today, the Honourable Shafqat Ali, President of the Treasury Board, tabled in the House of Commons the Government of Canada’s Main Estimates for 2025–26. The Main Estimates outline priority investments in housing, the Canadian Armed Forces, Indigenous communities, dental care, border services, and Veterans’ benefits. Also included are transfer payments to provinces and territories, such as those for health care, and payments for individuals, including benefits for elderly Canadians and those with disabilities.

Data about the government’s expenditures and performance targets are also available through GC Infobase, an online tool that presents the numbers in easy-to-understand visual stories.

MIL OSI Canada News –

May 28, 2025
MIL-OSI Canada: Lane closures on Macdonald-Cartier Bridge
Source: Government of Canada News

For immediate release

Gatineau, Quebec, May 27, 2025 – Public Services and Procurement Canada (PSPC) wishes to inform users that there will be lane closures on the Macdonald-Cartier Bridge to accommodate maintenance work during the following periods:
- Saturday, May 31, from 7 am to 7 pm
- Sunday, June 1, from 7 am to 7 pm
During these periods, at least 1 lane will remain open at all times to motorists in each direction, and access for cyclists and pedestrians will be maintained.

The schedule may change depending on weather conditions.

PSPC encourages users to exercise caution when travelling on the bridge and thanks them for their patience.

MIL OSI Canada News –
May 28, 2025
MIL-OSI Canada: Removing the consumer carbon price from Canadian law

Source: Government of Canada News

The Government of Canada is proposing legislative amendments that would permanently repeal the fuel charge framework under Part 1 of the Greenhouse Gas Pollution Pricing Act (GGPPA) in the following four phases to ensure an orderly process for charge payers. These proposed amendments follow the regulations made in March that already ceased the application of the federal fuel charge, effective April 1, 2025.

Phase 1: Charging Provisions Repealed effective April 1, 2025

Effective April 1, 2025, nearly all charging provisions would be retroactively repealed, to reflect in legislation what has already been accomplished by regulations.

The only remaining charging provision would be a special rule for certain railways in respect of past fuel charge consumption that needs to be trued-up. Certain railways pay fuel charge based on estimates and must perform a true-up exercise on their fuel charge obligations in respect of the previous year. This provision would remain until October 1, 2025 to allow for this exercise to take place in respect of fuel charge obligations incurred prior to April 1, 2025.

Phase 2: Rebate Provisions Repealed effective October 1, 2025

Effective October 1, 2025, all rebate provisions would be repealed. Certain uses of fuel after April 1 but prior to October 1 may give right to a rebate (e.g., fuel charge embedded fuel that is exported during this period). This aligns with the treatment of rebates under the regulations made in March 2025.

Rebates for charge paid in error and rebates for reassessment (e.g., to correct accounting mistakes in returns) would continue to be available until the final repeal phase.

Phase 3: Registration Provisions Repealed effective November 1, 2025

Effective November 1, 2025, all registration provisions would be repealed. This would give registrants until October 31, 2025, to file returns to claim rebates arising before October 1, 2025. Beyond this date, registration rules are no longer needed.

Phase 4: Remaining Provisions Repealed effective April 1, 2035

Effective April 1, 2035, the remaining provisions of Part 1 of the GGPPA would be repealed, including definitions, interpretation rules, administrative and procedural rules, etc. This would provide continuity and certainty for final wind down activities, including CRA administrative processes that may continue to rely on existing rules. Subject to the normal limitation periods in the Act, the CRA would also continue to have legal authority to make reassessments, and charge payers to file amended returns, in respect of fuel charge obligations that accrued prior to April 1, 2025.

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MIL OSI Canada News –

May 28, 2025
MIL-OSI Canada: GST relief for first-time home buyers on new homes valued up to $1.5 million
Source: Government of Canada News

To lower the upfront cost of buying a new home for young Canadians and spur the construction of new homes across the country, the government is eliminating the Goods and Services Tax (GST) for first-time home buyers on new homes up to $1 million and reducing the GST for first-time home buyers on new homes between $1 million and $1.5 million.

On May 27, 2025, the Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, tabled legislative proposals to amend the Excise Tax Act to introduce a new GST rebate for first-time home buyers (the “FTHB GST Rebate”). As a result of this rebate, first-time home buyers will be able to save up to $50,000 on a new home. This measure is expected to deliver $3.9 billion in tax savings to Canadians over five years, starting in 2025-26.

First-Time Home Buyers’ GST Rebate

If you are a first-time home buyer, you may be eligible for a FTHB GST Rebate if:
- you buy a new home from a builder;
- you build, or hire someone else to build, a home on land you own or lease; or
- you buy shares of a co-operative housing corporation.
The FTHB GST Rebate will apply to the same types of housing and apply similar eligibility criteria and conditions as the existing GST/HST New Housing Rebate, with certain modifications to ensure that the rebate is targeted at first-time home buyers.

To be considered a “first-time home buyer” for the purposes of the FTHB GST Rebate, an individual would generally need to meet the following conditions:
- be at least 18 years of age;
- be either a Canadian citizen or a permanent resident of Canada; and
- not have lived in a home, whether in or outside Canada, that they owned or that their spouse or common-law partner owned in the calendar year or in the four preceding calendar years.
Together with the existing GST/HST New Housing Rebate (where that rebate is applicable), the FTHB GST Rebate would provide for a rebate of 100% of the GST on new homes valued up to $1 million.

The FTHB GST Rebate would be phased out in a linear manner for new homes valued between $1 million and $1.5 million. For example, under the linear phase-out, a home valued at $1.25 million would be eligible for a 50% GST rebate (a rebate of up to $25,000).

No FTHB GST Rebate would be available for new homes valued at or above $1.5 million.

New Homes Purchased from a Builder

The FTHB GST Rebate would allow an individual to recover up to $50,000 of the GST (or the federal part of the HST) paid in respect of a new home purchased from a builder (including on leased land).

To qualify for a FTHB GST Rebate, at least one of the purchasers of the home would need to be a “first-time home buyer” that is acquiring the new home for use as their primary place of residence. That individual would also need to be the first individual to occupy the home as a place of residence.

The FTHB GST Rebate would generally be available if:
- the agreement of purchase and sale for the home is entered into with the builder on or after May 27, 2025 and before 2031; and
- construction of the home begins before 2031 and the home is substantially completed before 2036.
Owner-Built Homes

For an owner-built home, the FTHB GST Rebate would allow an individual to recover up to $50,000 of the GST or the federal part of the HST that they paid to build the home.

For an owner-built home, the FTHB GST Rebate would allow an individual to recover up to $50,000 of the GST or the federal part of the HST that they paid to build the home.

To qualify for a FTHB GST Rebate, at least one of the owner-builders would need to be a “first-time home buyer” that is building, or hiring another person to build, the new home for use as their primary place of residence. That individual would also need to be the first individual to occupy the home as a place of residence.

The FTHB GST Rebate would generally be available if construction of the home begins on or after May 27, 2025 and before 2031 and the home is substantially completed before 2036.

Shares of a Cooperative Housing Corporation

The FTHB GST Rebate would allow an individual to claim a rebate of up to $50,000 in respect of the purchase of a share of a cooperative housing corporation (co-op) where the co-op paid GST or the federal part of the HST in respect of new housing.

To qualify for a FTHB GST Rebate, at least one of the purchasers of the share would need to be a “first-time home buyer” that is acquiring the share to use the co-op housing unit to which the share relates as their primary place of residence. That individual would also need to be the first individual to occupy the co-op housing unit as a place of residence.

The FTHB GST Rebate would generally be available if:
- the agreement of purchase and sale of the share is entered into with the co-op on or after May 27, 2025 and before 2031; and
- construction of the cooperative housing begins before 2031 and is substantially completed before 2036.
A FTHB GST Rebate would not be available in respect of a co-op share if the co-op housing is eligible for the 100% GST rebate for purpose-built rental housing.

Limitations

To ensure that the rebate is available as intended to first-time home buyers after the announcement date, a series of rules would limit the availability of the FTHB GST Rebate in certain circumstances. These rules include the following:
- An individual would not be permitted to claim a FTHB GST Rebate more than once in their lifetime.
- An individual would not be permitted to claim a FTHB GST Rebate if their spouse or common-law partner previously claimed a FTHB GST Rebate.
- If, pursuant to an assignment sale, a FTHB assumes the rights and obligations of another person that is a purchaser of a new home under an agreement of purchase and sale with a builder, the FTHB rebate would not be available if that original agreement of purchase and sale was entered into before May 27, 2025.
- If an agreement of purchase and sale for a new home was originally entered into before May 27, 2025 and the agreement is subsequently cancelled and a new agreement of purchase and sale is entered into (or the agreement is varied or altered to effect that outcome), the FTHB GST Rebate may be disallowed in respect of the sale of a new home under the new agreement (and would not be allowed in respect of the varied or altered agreement).
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MIL OSI Canada News –
May 28, 2025
MIL-OSI Canada: Delivering a middle-class tax cut

Source: Government of Canada News

The government is moving forward with the proposal to deliver tax relief for Canadians by reducing the lowest marginal personal income tax rate from 15 per cent to 14 per cent, effective July 1, 2025.

The government is moving forward with the proposal to deliver tax relief for Canadians by reducing the lowest marginal personal income tax rate from 15 per cent to 14 per cent, effective July 1, 2025.

Nearly 22 million Canadians are expected to benefit from this measure. The middle-class tax cut would reduce the tax rate that is applied to the first $57,375 (in 2025) of an individual’s taxable income, regardless of their income level. As shown below, the bulk of total tax relief will go to those with incomes in the two lowest tax brackets, including nearly half to those in the first bracket. This measure is expected to deliver over $27 billion in tax savings to Canadians over five years, starting in 2025-26.

Chart 1
Shares of Tax Paid and Tax Relief by Taxable Income in 2025

The maximum tax savings will be $420 per person and $840 per couple in 2026. As a result of this measure, hardworking Canadians will save over $27 billion over five years, starting in 2025-26.

Income is reported and tax is calculated on an annual basis. To reflect a one-percentage-point cut in the lowest tax rate coming into effect halfway through the year, the full-year tax rate for 2025 will be 14.5 per cent and the full-year rate for 2026 and future tax years will be 14 per cent. The rate applied to most non-refundable tax credits will continue to be the same as the lowest personal income tax rate.

The Canada Revenue Agency will update its source deduction tables for the July to December 2025 period so that pay administrators are able to reduce tax withholdings as of July 1. This means that, effective July 1, individuals with employment income and other income subject to source deductions could have tax withheld at 14 per cent. Otherwise, individuals will realize this tax relief when they file their 2025 tax returns in spring 2026.

Gender-Based Analysis Plus Summary

Gender-based Analysis Plus (GBA Plus) is an analytical tool used to support the development of responsive and inclusive policies, with consideration given to intersectional factors such as gender, age, and economic status.

Reducing the lowest marginal personal income tax rate from 15 per cent to 14 per cent would reduce taxes for nearly 22 million individual taxpayers, with nearly half of the total tax relief going to those in the first income tax bracket. The remaining third of tax filers would already not owe federal personal income tax, although some of these filers may benefit from the rate reduction in future years if their taxable income increases and they start owing federal tax.

It is estimated that the measure would be gender balanced; 52 per cent of beneficiaries would be men, and 48 per cent would be women.

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MIL OSI Canada News –

May 28, 2025
MIL-OSI Security: Sheshatshiu — Arrest warrant issued for Peter Nuke

Source: Royal Canadian Mounted Police

Sheshatshiu RCMP is seeking public assistance in locating 32-year-old Peter Nuke.

Nuke is wanted by police in relation to changes of assault and forcible confinement. Police believe he frequently travels between Sheshatshiu and Goose Bay.

A photo of Nuke is attached.

Anyone having information about the current location of Peter Nuke is asked to contact Sheshatshiu RCMP at 709-497-8700. To remain anonymous, contact Crime Stoppers: #SayItHere 1-800-222-TIPS (8477), visit www.nlcrimestoppers.com or use the P3Tips app.

MIL Security OSI –

May 28, 2025
MIL-OSI Global: Canada has a chance to lead on AI policy and data governance at the 2025 G7 Leaders’ Summit
Source: The Conversation – Canada – By E. Richard Gold, Professor of intellectual property and innovation, Faculty of Law and Faculty of Medicine and Health Sciences, McGill University

The 2025 G7 Leaders’ Summit will be held in Kananaskis, Alta., from June 15 to 17. As host of the G7, Canada has a chance to shape rules that will govern AI globally. (Shutterstock)

Artificial intelligence (AI) is rapidly transforming sectors from health care to climate science. But amid the global scramble to lead this technological revolution, one truth is becoming clearer: data, its platforms and its circulations, have become critical infrastructure. And Canada, poised to host this year’s G7 Leaders Summit, has a rare opportunity to shape the rules that will govern AI globally.

Under the leadership of Prime Minister Mark Carney, the federal government elevated AI and digital innovation to a central pillar of national policy, and appointed Evan Solomon as minister of artificial intelligence and digital innovation. But ambition is not enough — Canada must now back its rhetoric with action that resonates at home and abroad.

Infrastructure intelligence

While AI headlines often focus on breakthroughs in generative models and robotics, the real engine of progress lies in less glamorous terrain: computing infrastructure and data systems.

Canada’s proposal to build “next-generation data centres” is about creating the backbone for globally competitive and ethically governed AI. Without these facilities, modern AI systems cannot be trained, validated or deployed responsibly.

AI models — like those used in medicine for developing new drugs and health services, clean technologies such as clean energy and carbon-capture or materials science — require enormous computational power and massive datasets. That data must be structured, validated and — to the extent possible — open to those who can use it.

Quality assurance

Our recent study underscores that the future of AI depends less on algorithmic cleverness and more on data quality and accessibility. Poorly labelled or fragmented datasets can introduce bias, reduce model performance or even endanger lives when used in health or safety applications.

Yet across many domains, useful data remains siloed and locked in proprietary formats, lacking documentation or inaccessible due to legal and technical barriers. This status quo serves monopolies, not society.

Canada holds the G7 presidency in 2025, and can provide leadership in data governance and AI innovation. A central priority should be to rally partners around a framework for ethical, accessible and well-designed datasets, especially in fields like health, climate science and materials research.

Tailored data

Our call for open data isn’t one-size-fits-all. It must be tailored to the needs of specific sectors:
- Health-care AI requires anonymized patient data, genomic sequences, protein structure data, toxicology and carcinogen data, and drug response datasets.
- Climate AI needs long-term environmental records, satellite imagery, power and water use information and real-time emissions data.
- Materials science AI demands chemical interaction data, physical testing results, structural data and thermodynamic properties.
What binds these fields is a common challenge: ensuring data is ethically sourced, high-quality, and useable across borders and institutions. Canada’s role should be to help build the platforms — digital, legal and diplomatic — that make this possible.

A G7 mandate

As host of the G7 in June, Canada can push for a transformative international commitment. At a minimum, this should include:
1. Common standards for open datasets, co-designed with input from AI developers, health professionals, climate researchers, materials scientists and legal experts.
2. Trusted data hubs, managed by public-private or non-profit entities, ensuring secure storage, privacy safeguards and public access.
3. Legal and diplomatic co-ordination, addressing cross-border data sharing, intellectual property constraints and ethical governance frameworks.
These steps would position the G7 — and Canada in particular — as a champion of AI that serves democratic values on top of commercial and geopolitical interests.

Canada’s risks and opportunities

Canada is not starting from scratch. The country boasts leading AI research institutions, including the Vector Institute and Mila, and has pioneered open science partnerships such as the Montreal Neurological Institute’s Tanenbaum Open Science Institute and the Toronto labs of the Structural Genomics Consortium.

Dataset platforms such as AIRCHECK(for AI-based chemical knowledge) and the CACHE competition (evaluating drug discovery models using open data), show how Canada is already putting together the building blocks of responsible AI. But the country risks squandering this advantage if it cannot scale these efforts or retain innovation domestically.

The stalled Artificial Intelligence and Data Act is a case in point. While the European Union moved forward with its AI Act, the General Data Protection Regulation and the European Health Data Space Regulation, Canada’s legislative framework remains in flux.

Without clear domestic rules, and a proactive global agenda, Canada could end up as an incubator for innovations that end up developed and applied elsewhere.

Global stakes

The AI race is not just about who builds the most powerful models. It’s about who defines the technical, ethical and geopolitical standards that shape the digital future.

The G7 offers Canada a moment of strategic clarity. By investing in AI infrastructure and leading an international agenda on open, trustworthy AI, Canada can lead in shaping the rules.

E. Richard Gold receives funding from TRIDENT: TRanslational Initiative to DE-risk NeuroTherapeutics, a project funded by the New Frontiers in Research Fund, application NFRFT-2022-00051. Gold is also the Chief Policy and Partnerships Officer of Conscience, a Canadian non-profit focused on enabling drug discovery and development in areas where open sharing and collaboration are key to advancement and where market solutions are limited, such as rare or neglected diseases, pandemic preparedness, and antimicrobial resistance.

Cristina Vanberghen does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

– ref. Canada has a chance to lead on AI policy and data governance at the 2025 G7 Leaders’ Summit – https://theconversation.com/canada-has-a-chance-to-lead-on-ai-policy-and-data-governance-at-the-2025-g7-leaders-summit-256296
MIL OSI – Global Reports –
May 28, 2025
MIL-OSI Canada: Volunteer Awards Turn 50
Source: Government of Canada regional news

Nova Scotians who generously give their time to their communities were honoured today, September 18, at the 50th annual Provincial Volunteer Awards ceremony in Truro.

“The 50th anniversary of the Provincial Volunteer Awards is a testament to the enduring power of community and the boundless potential of individuals united in purpose,” said Lt.-Gov. Arthur J. LeBlanc. “I extend my heartfelt gratitude to volunteers for their time, skills and compassion. They have touched countless lives across Nova Scotia, driving positive change and inspiring others to join in creating a brighter future.”

A new award to honour the 50th year of the award ceremony will recognize newcomers who come to Nova Scotia from another country and demonstrate extraordinary outreach and volunteerism in their new community. The first recipient of the Newcomer Volunteer of the Year Award will be announced at the 2025 ceremony.

“Volunteers are the backbone of our communities. This year’s celebration not only reflects on the past achievements but also inspires future generations to uphold the spirit of volunteerism,” said Dave Ritcey, MLA for Truro-Bible Hill-Millbrook-Salmon River, on behalf of Allan MacMaster, Minister responsible for the Voluntary Sector. “Their immense contributions are what make our province vibrant and resilient. Today, we celebrate not just the individual achievements of our honorees but also the collective spirit of giving that defines us as Nova Scotians.”

This year, 72 volunteers received representative awards. Three specialty awards were presented at the ceremony: the Youth Volunteer Award, Family Volunteer Award and Nova Scotia Strong Award. Details about the award recipients are available at: https://novascotia.ca/nonprofitsector/provincialvolunteerawards/2024-Program.pdf

The ceremony is available to watch at: https://vimeo.com/event/4565912/32e0d9e5a9

Quotes:

“Winning the Nova Scotia Strong Award is such an incredible honour for the Ultimate Online Nova Scotia Kitchen Party. Our exceptional online community was built by 285,000 people with a shared love of music, a lot of trust, and a common goal of spreading joy when we needed it most. Four and a half years later, it continues to have a positive impact on people all over the world both online and in person, while shining a bright light on the beautiful people of Nova Scotia. I am grateful to be a little part of something so very extraordinary and am proud to accept this award on behalf of all of our group members.”
— Heather Thomson, founder, Ultimate Online Nova Scotia Kitchen Party

Quick Facts:
- more than 410,000 Nova Scotians volunteer each year, contributing almost 79 million hours to their communities
- the awards program is administered by the Department of Communities, Culture, Tourism and Heritage
- the representative (individual) volunteer awards are selected by each municipality and Mi’kmaw community
Additional Resources:

Provincial Volunteer Awards: https://novascotia.ca/nonprofitsector/provincialvolunteerawards/

Department of Communities, Culture, Tourism and Heritage: – website: https://cch.novascotia.ca – Facebook: https://www.facebook.com/NOVASCOTIACULTURE – X (formerly Twitter): https://twitter.com/NS_CCTH

MIL OSI Canada News –
May 28, 2025
MIL-OSI Canada: The Government of Canada proudly celebrates Asian Heritage Month

Source: Government of Canada News

OTTAWA – The Honourable Steven Guilbeault, Minister of Canadian Identity and Culture and Minister responsible for Official Languages, will host the official Government of Canada celebration for Asian Heritage Month on Wednesday.

This year’s theme, “Unity in Diversity: The Impact of Asian Communities in Shaping Canadian Identity,” celebrates the abundance of diversity present among Asian-Canadian communities, and the ways this richness has contributed to building our Canadian identity.

The evening will feature performances and inspiring speeches, paying tribute to the achievements and outstanding contributions of Asian communities across Canada.

Please note that all details are subject to change. All times are local.

The details are as follows:

DATE:
Wednesday, May 28, 2025

TIME:
7:00 p.m. (doors open at 6:00 p.m.)

Journalists who wish to attend this event must confirm their participation by submitting their full name and the name of their organization to media@pch.gc.ca by 11 a.m. on Wednesday, May 28. Information on the location and how to attend will be provided after registering.

MIL OSI Canada News –

May 28, 2025

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