Category: Canada

  • MIL-OSI: AGF Reports April 2025 Assets Under Management and Fee-Earnings Assets

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 05, 2025 (GLOBE NEWSWIRE) — AGF Management Limited reported total assets under management (AUM) and fee-earning assets1 of $51.3 billion as at April 30, 2025.


    AUM

    ($ billions)

    April 30,  

    2025  

    March 31, 2025  

    % Change  

    Month-Over-  
    Month  

    April 30,  

    2024  

    % Change  
    Year-Over-  
    Year  
    Total Mutual Fund $29.3   $29.8     $26.2    
    Exchange-traded funds + Separately managed accounts $2.8   $3.0     $1.9    
    Segregated accounts and Sub-advisory $6.2   $6.2     $7.2    
    AGF Private Wealth $8.3   $8.5     $7.8    
    Subtotal
    (before AGF Capital Partners AUM and fee-earning assets1)
    $46.6   $47.5     $43.1    
    AGF Capital Partners $2.6   $2.5     $2.6    
    Total AUM $49.2   $50.0   -1.6%   $45.7   7.7%  
    AGF Capital Partners fee-earning assets1 $2.1   $2.1     $2.1    
    Total AUM and fee-earning assets1 $51.3   $52.1   -1.5%   $47.8   7.3%  
               
    Average Daily Mutual Fund AUM $28.6   $30.1     $26.4    
               

    1 Fee-earning assets represent assets in which AGF has carried interest ownership and earns recurring fees but does not have ownership interest in the managers.

    Mutual Fund AUM by Category
    ($ billions)
    April 30,  
    2025  
    March 31, 2025   April 30,  
    2024  
    Domestic Equity Funds $4.3   $4.4   $4.1  
    U.S. and International Equity Funds $18.0   $18.1   $15.4  
    Domestic Balanced Funds $0.1   $0.1   $0.1  
    U.S. and International Balanced Funds $1.4   $1.7   $1.6  
    Domestic Fixed Income Funds $2.0   $2.0   $1.6  
    U.S. and International Fixed Income Funds $3.2   $3.2   $3.1  
    Domestic Money Market $0.3   $0.3   $0.3  
    Total Mutual Fund AUM $29.3   $29.8   $26.2  
    AGF Capital Partners AUM and fee-
    earning assets

    ($ billions)
    April 30,  
    2025  
    March 31, 2025   April 30,  
    2024  
    AGF Capital Partners AUM $2.6   $2.5   $2.6  
    AGF Capital Partners fee-earning assets $2.1   $2.1   $2.1  
    Total AGF Capital Partners AUM and fee-earning assets $4.7   $4.6   $4.7  

    About AGF Management Limited

    Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. Our companies deliver excellence in investing in the public and private markets through three business lines: AGF Investments, AGF Capital Partners and AGF Private Wealth.

    AGF brings a disciplined approach, focused on incorporating sound, responsible and sustainable corporate practices. The firm’s collective investment expertise, driven by its fundamental, quantitative and private investing capabilities, extends globally to a wide range of clients, from financial advisors and their clients to high-net worth and institutional investors including pension plans, corporate plans, sovereign wealth funds, endowments and foundations.

    Headquartered in Toronto, Canada, AGF has investment operations and client servicing teams on the ground in North America and Europe. With over $51 billion in total assets under management and fee-earning assets, AGF serves more than 815,000 investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.

    AGF Management Limited shareholders, analysts and media, please contact:

    Nick Smerek
    VP, Financial Planning & Analysis
    416-865-4337, InvestorRelations@agf.com

    The MIL Network

  • MIL-OSI: Canoe EIT Income Fund Announces May 2025 Monthly Distribution and Quarterly Distribution on Preferred Units

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, May 05, 2025 (GLOBE NEWSWIRE) — Canoe EIT Income Fund (the “Fund”) (TSX – EIT.UN) announces the May 2025 monthly distribution of $0.10 per unit. Additionally, the Fund announces a quarterly distribution for preferred units. Cumulative Redeemable Series 1 (EIT.PR.A) and Series 2 Preferred (EIT.PR.B) unitholders will receive a distribution of $0.30 per unit. Unitholders of record on May 23, 2025, will receive distributions payable on June 13, 2025.

    About Canoe EIT Income Fund
    Canoe EIT Income Fund is one of Canada’s largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbol EIT.UN, and is actively managed by Robert Taylor, Senior Vice President and Chief Investment Officer, Canoe Financial.

    About Canoe Financial
    Canoe Financial is one of Canada’s fastest growing independent mutual fund companies managing approximately $20.0 billion in assets across a diversified range of award-winning investment solutions. Founded in 2008, Canoe Financial is an employee-owned investment management firm focused on building financial wealth for Canadians. Canoe Financial has a significant presence across Canada, including offices in Calgary, Toronto and Montreal.

    For further information, please contact:
    Investor Relations
    1–877–434–2796
    www.canoefinancial.com 
    info@canoefinancial.com

    Not for Distribution to U.S. Newswire Services or for Dissemination in the United States of America.

    The Fund makes monthly distributions of an amount comprised in whole or in part of Return of Capital (ROC) of the net asset value per unit. A ROC reduces the amount of your original investment and may result in the return to you of the entire amount of your original investment. ROC that is not reinvested will reduce the net asset value of the fund, which could reduce the fund’s ability to generate future income. You should not draw any conclusions about the fund’s investment performance from the amount of this distribution.

    Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the information filed about the fund on www.sedar.com before investing. Investment funds are not guaranteed and past performance may not be repeated.

    This communication is not to be construed as a public offering to sell, or a solicitation of an offer to buy securities. Such an offer can only be made by way of a prospectus or other applicable offering document and should be read carefully before making any investment. This release is for information purposes only. Investors should consult their Investment Advisor for details and risk factors regarding specific strategies and various investment products.

    The MIL Network

  • MIL-OSI: Precipitate to Present at the OTC’s Metals & Mining Virtual Investor Conference May 6th at 2:00pm (EST)

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, May 05, 2025 (GLOBE NEWSWIRE) — Precipitate Gold Corp. (the “Company” or “Precipitate”) (TSXV: PRG, OTCQB: PREIF) is pleased to announce that the Company’s President & CEO, Jeffrey Wilson will present live at the OTC’s Metals & Mining Virtual Investor Conference hosted by VirtualInvestorConferences.com, on May 6th.

    DATE: May 6, 2025
    PRESENTATION TIME: 2:00pm ET (11:00 am Pacific Standard Time)
    PRESENTATION LINK: REGISTER HERE

    Available for 1×1 meetings with Company CEO, Jeffrey Wilson:
    Monday, May 5th, 12:00pm EST to 8:00pm EST
    Tuesday, May 6th, 12:00pm EST to 1:00pm EST
    Wednesday, May 7th, 12:00pm EST to 1:00pm EST and 5pm EST
    Thursday, May 8th, 12:00pm EST to 1:00pm EST
    Alternative times can be arranged directly

    This will be a live, interactive online event where investors are invited to ask the Company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that online investors pre-register to expedite participation and receive event updates. Learn more about the event at www.virtualinvestorconferences.com.

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    About Precipitate Gold:
    Precipitate Gold Corp. is a mineral exploration company focused on exploring and advancing its mineral property interests in the Dominican Republic, including its 100% owned Juan de Herrera project located immediately adjacent to GoldQuest Mining’s Romero Project, its 100% owned Pueblo Grande project located immediately adjacent to the Pueblo Viejo mine operated by Barrick, and its 100% owned Ponton project located 30km east of the Pueblo Viejo mine. Precipitate is also actively evaluating additional high-impact property acquisitions with the potential to expand the Company’s portfolio and increase shareholder value, in other favourable jurisdictions.

    Additional information can be viewed at the Company’s website www.precipitategold.com.

    On Behalf of the Board of Directors of Precipitate Gold Corp.,
    “Jeffrey Wilson”
    President & CEO
    For further information, please contact:

    Tel: 604-558-0335 Toll    Free: 855-558-0335    investor@precipitategold.com

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

    This press release may contain “forward-looking information” within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward looking information. Generally, forward-looking information may be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “proposed”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. This forward-looking information reflects Precipitate Gold Corp.’s (“Precipitate” or the “Company”) current beliefs and is based on information currently available to Company and on assumptions it believes are reasonable. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Precipitate to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: the exploration concessions may not be granted on terms acceptable to the Company, or at all; general business, economic, competitive, political and social uncertainties; the concessions acquired by the Company may not have attributes similar to those of surrounding properties; delay or failure to receive governmental or regulatory approvals; changes in legislation, including environmental legislation affecting mining; timing and availability of external financing on acceptable terms; conclusions of economic evaluations; and lack of qualified, skilled labour or loss of key individuals. Although Precipitate has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. Precipitate does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

    The MIL Network

  • MIL-OSI Canada: Minister’s statement on Midwives Day

    Health Minister Josie Osborne released the following statement in recognition of Midwives Day, May 5, 2025:

    “Today, we recognize and celebrate the vital role midwives play in our health-care system. These dedicated and compassionate professionals provide exceptional care to many families in British Columbia through one of the most meaningful times in their lives – from pregnancy to birth and the post-partum period.

    “In 2024, midwives assisted in 31% of births in B.C. This is a powerful testament to the trust families place in them. Midwives deliver personalized, safe and culturally respectful care to families throughout the province, including those in rural, remote and First Nations communities. They also play a crucial role in improving maternity, reproductive and gynecological care – a core priority in my ministry’s mandate letter.

    “Midwives Day is an opportunity to recognize the contributions of midwives and our government’s commitment to supporting them. Since 2022, our government has increased the wages and benefits of midwives and has provided more supports for Indigenous midwifery and midwifery in remote communities. In addition, by implementing B.C.’s Health Human Resources Strategy, we continue to support and strengthen recruitment, retention and training for midwives. Their well-being and professional growth are key to the future of maternity care in our province and ensures stable, reliable maternity and newborn services for people in B.C.

    “To every midwife in B.C. – thank you. Your dedication and excellence mean the world to the little ones and families you serve.”

    MIL OSI Canada News

  • MIL-OSI USA: In Bipartisan Push, Welch and Hawley Introduce Major Legislation to Lower Prescription Drug Prices 

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)
    WASHINGTON, D.C. — U.S. Senators Peter Welch (D-Vt.) and Josh Hawley (R-Mo.) today introduced the Fair Prescription Drug Prices for Americans Act, bipartisan legislation to lower drug prices for Americans. The Senators’ bill would offer relief for millions of patients by prohibiting pharmaceutical companies from selling drugs in the United States at higher prices than an international average, ending the practice of forcing Americans to pay the world’s highest prices for medications.  
    “No one should ever be forced to choose between paying for the prescriptions they need or putting food on the table. But Big Pharma’s price gouging has made that a reality for many Americans, forcing them to pay four or five times more for the same lifesaving medications as folks in other countries—it’s unacceptable,” said Senator Welch. “In his first term, President Trump pursued a most-favored nation policy to level the playing field for American patients. This bipartisan bill offers his administration a template to work with Congress to make that goal a reality. We have an obligation to ensure folks in Vermont, Missouri, and across the country get the best possible price for their prescription drugs.” 
    “For too long, Americans have subsidized prescription drug costs for foreigners while paying outrageous prices for their own medications,” said Senator Hawley. “President Trump previously advanced major reforms to ensure that American patients pay the same prices as consumers abroad. This bipartisan legislation would continue that work to end a drug market that favors Big Pharma, make prescriptions affordable again, and empower Americans to get the care they need.” 
    The Fair Prescription Drug Prices for Americans Act would correct decades of policies that benefited pharmaceutical companies but left American patients holding the bag. While other developed nations pay reasonable prices for prescription drugs, Americans pay substantially higher prices for the same medications. In his first term, President Trump pursued “international price index” and “most favored nation” policies on drugs covered by Medicare to end these practices.  
    The bill would also impose stiff civil monetary penalties on pharmaceutical companies that violate this rule. Specifically, the penalty would equal ten times the difference between the U.S. list price and the average price of the drug sold in Canada, France, Germany, Japan, Italy, and the United Kingdom. Penalties would be calculated and charged for each unit of drug or biological product sold at an inflated price. 
    Read and download the full text of the Fair Prescription Drug Prices for Americans Act. 

    MIL OSI USA News

  • MIL-OSI Canada: Tribunal Issues Determination—Renewable Diesel from the United States

    Source: Government of Canada News (2)

    Ottawa, Ontario, May 5, 2025—The Canadian International Trade Tribunal today determined that the evidence does not disclose a reasonable indication that the dumping and subsidizing of renewable diesel from the United States of America have caused injury or are threatening to cause injury to the domestic industry. Therefore, the Tribunal terminated its preliminary injury inquiry.

    The Tribunal’s inquiry was conducted pursuant to the Special Import Measures Act as a result of the initiation of dumping and subsidizing investigations by the Canada Border Services Agency (CBSA). Having determined that there was no reasonable indication that the alleged dumping and subsidizing have caused or threaten to cause injury or retardation, the CBSA will terminate its dumping and subsidizing investigations and the Tribunal will not initiate a final injury inquiry.

    The Tribunal is an independent quasi-judicial body that reports to Parliament through the Minister of Finance. It hears cases on dumped and subsidized imports, safeguard complaints, complaints about federal government procurement and appeals of customs and excise tax rulings. When requested by the federal government, the Tribunal also provides advice on other economic, trade and tariff matters.

    MIL OSI Canada News

  • MIL-OSI Canada: Tribunal Initiates Expiry Review—Carbon Steel Screws from China and Chinese Taipei

    Source: Government of Canada News (2)

    Ottawa, Ontario, May 5, 2025—The Canadian International Trade Tribunal today initiated an expiry review of its order made on September 2, 2020, in expiry review RR‑2019‑002, to determine if the expiry of the order is likely to lead to continued or resumed dumping of certain carbon steel fasteners originating in or exported from the People’s Republic of China and the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu, and the subsidizing of such products originating in or exported from the People’s Republic of China and is likely to result in injury to the domestic industry.

    No later than October 2, 2025, the Canada Border Services Agency will determine if there is a likelihood of resumed or continued dumping or subsidizing. In the event of a positive determination, the Tribunal will determine, no later than March 11, 2026, whether the continued or resumed dumping or subsidizing is likely to result in injury to the domestic industry.

    The Tribunal is an independent quasi-judicial body that reports to Parliament through the Minister of Finance. It hears cases on dumped and subsidized imports, safeguard complaints, complaints about federal government procurement and appeals of customs and excise tax rulings. When requested by the federal government, the Tribunal also provides advice on other economic, trade and tariff matters.

    Any interested person, association or government that wishes to participate in the Tribunal’s expiry review may do so by filing Form I—Notice of Participation

    MIL OSI Canada News

  • MIL-OSI Canada: Check the box, save a life

    Source: Government of Canada regional news (2)

    MIL OSI Canada News

  • MIL-OSI: Plantro Ltd. Releases Investor Presentation to Fellow Shareholders of Information Services Corporation and Extends Tender Offer to May 20, 2025

    Source: GlobeNewswire (MIL-OSI)

    Presentation Highlights the Opportunity to Unlock Value for All ISC Shareholders and Reverse Long-Term Decline

    Board Should Meaningfully Engage with Shareholders to Address Governance Issues at ISC

    Tender Offer to Acquire up to 14% of Class A Limited Voting Shares Extended Until 5:00pm Eastern Time on May 20, 2025

    BRIDGETOWN, Barbados, May 05, 2025 (GLOBE NEWSWIRE) — Plantro Ltd. (“Plantro”) today announced that it has released a presentation to fellow shareholders of Information Services Corporation (TSX: ISC) (“ISC” or the “Company”). The presentation is available here and will be filed and made available on ISC’s SEDAR+ profile at www.sedarplus.ca.

    Plantro’s investor presentation, which is based on publicly available facts and data, highlights that the economics of ISC are ‘upside down’ and do not benefit long-term shareholders. Since ISC’s IPO in 2013, there has been a clear troubling trend: expense growth has consistently outpaced revenue growth. When expenses consistently outpace revenue, it sets the stage for serious financial challenges over the long-term. This has resulted in a long-term financial decline and decreasing returns.

    Plantro has heard from other ISC shareholders who share its concerns that it is impossible for ISC to fund its ‘buy-to-grow’ strategy to meet its 2028 revenue and adjusted EBITDA targets through cash flow generation or without incurring significant new debt or issuing substantial equity. Plantro’s representatives have made multiple attempts to engage with the board of directors (the “Board”) and management of ISC to discuss these concerns and share Plantro’s plan to unlock near- and long-term value for shareholders. Unfortunately, the Board appears entrenched, as at every step, Plantro has been met with limited and perfunctory engagement.

    Plantro calls on the Board to:

    1. recommend in favour of its ongoing Tender Offer; and
    2. meet with Plantro this week to discuss the governance and business issues at ISC.

    Plantro anticipates that the Board, rather than address ISC’s governance issues, will further entrench and impugn Plantro’s motives. However, ISC shareholders should review the presentation, consider ISC’s current trajectory, and determine for themselves whether the status quo is acceptable.

    Plantro believes that ISC has an exciting opportunity to unlock significant upside for shareholders. However, it has become clear that ISC’s serious governance issues are holding the Company back.

    Tender Offer Extension & Elimination of Voting Tender

    Plantro also announced that it is extending and amending its ongoing all-cash tender offer (the “Tender Offer”) to acquire up to 2,593,142 class A limited voting shares (the “Class A Shares”) in the capital of ISC. Pursuant to the terms of a second amended and restated offer document dated May 5, 2025 (the “Offer Document”), Plantro has extended the expiry date of the Tender Offer to 5:00pm (Eastern Time) on May 20, 2025, unless the Tender Offer is further varied, extended, or withdrawn in accordance with the terms of the Offer Document (the “Expiry Time”).

    Despite the Board’s unwillingness to engage with Plantro, in order to be constructive, the Tender Offer has also been amended to eliminate the proxy voting tender, about which the Board had previously objected. Plantro is no longer asking shareholders to appoint representatives of Plantro as their nominee and proxy in respect of such shares owned by a shareholder. For clarity, Plantro is not soliciting shareholder proxies in respect of the upcoming 2025 annual meeting of shareholders of ISC scheduled to be held on May 13, 2025.

    Shareholders of ISC who have already validly deposited and not withdrawn their Class A Shares are not required to take any further action to accept the Tender Offer. No Class A Shares will be taken up and paid for by Plantro pursuant to the Tender Offer until after the Expiry Time.

    In addition to the above amendments, the size of the Tender Offer has been reduced by 184,100 Class A Shares to reflect that Plantro has acquired such number of shares in the market, all in compliance with the terms of the Tender Offer.

    Other than as set out herein, all other terms of the Tender Offer remain unchanged. Details of the Tender Offer, including instructions for tendering Class A Shares, are included in the Offer Document (the Offer Document and the second amended and restated letter of transmittal dated May 5, 2025, the “Offer Documents”). The Offer Documents will be filed and made available on ISC’s SEDAR+ profile at www.sedarplus.ca. Shareholders of ISC should carefully read the Offer Documents prior to making a decision with respect to the Tender Offer.

    About Plantro

    Plantro is a privately held company, with an established track record of making successful investments in undervalued and high quality legal, financial, and information services businesses.

    Shareholder Questions

    Shareholders of ISC who have questions with respect to the Tender Offer, or who need assistance in depositing their Class A Shares, please contact the depositary or the information agent for the Tender Offer at the contact details below:

    Depositary: Odyssey Trust Company
    Toll Free (US & Canada): 1-888-290-1175
    Calls (All Regions): 587-885-0960
    Email: corp.actions@odysseytrust.com

    Information Agent: Carson Proxy
    North America Toll Free: 1-800-530-5189
    Local and Text: 416-751-2066
    Email: info@carsonproxy.com

    Cautionary Statement Regarding Forward-Looking Information

    This press release may contain forward-looking information and forward-looking statements within the meaning of applicable securities laws. Specifically, certain statements contained in this press release, including without limitation statements regarding the Tender Offer, taking up and paying for Class A Shares deposited under the Tender Offer, the expiry of the Tender Offer, Plantro’s perceived governance failings at ISC, and Plantro’s plan to unlock near- and long-term value at ISC, contain “forward-looking information” and are prospective in nature. In some cases, but not necessarily in all cases, forward-looking statements can be identified by the use of forward looking terminology such as “plans”, “targets”, “expects” or “does not expect”, “is expected”, “an opportunity exists”, “is positioned”, “estimates”, “intends”, “assumes”, “anticipates” or “does not anticipate” or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might”, “will” or “will be taken”, “occur” or “be achieved”. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking statements.

    Statements containing forward-looking information are not based on historical facts, but rather on current expectations and projections about future events and are therefore subject to risks and uncertainties that could cause actual results to differ materially from the future outcomes expressed or implied by the statements containing forward-looking information.

    Although Plantro believes that the expectations reflected in statements containing forward-looking information herein made by it (and not, for greater certainty, any forward-looking statements attributable to the Company) are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed on such statements. Material factors or assumptions that were applied in formulating the forward-looking information contained herein include the assumption that the business and economic conditions affecting the Company’s operations will continue substantially in the current state, including, without limitation, with respect to industry conditions, general levels of economic activity, continuity and availability of personnel, local and international laws and regulations, foreign currency exchange rates and interest rates, inflation, taxes, that there will be no unplanned material changes to the Company’s operations, and that the Company’s public disclosure record is accurate in all material respects and is not misleading (including by omission).

    Plantro cautions that the foregoing list of material factors and assumptions is not exhaustive. While these factors and assumptions are considered by Plantro to be appropriate and reasonable in the circumstances as of the date of this press release, they are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information. Many of these assumptions are based on factors and events that are not within the control of Plantro and there is no assurance that they will prove correct.

    Important facts that could cause outcomes to differ materially from those expressed or implied by such forward-looking information include, among other things, actions taken by the Company in respect of the Tender Offer, the content of subsequent public disclosures by the Company, the failure to satisfy the conditions to the Tender Offer, general economic conditions, legislative or regulatory changes and changes in capital or securities markets. If any of these risks or uncertainties materialize, or if the opinions, estimates or assumptions underlying the forward-looking information prove incorrect, actual results or future events might vary materially from those anticipated in the forward-looking information. Although Plantro has attempted to identify important risk factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other risk factors not presently known to Plantro or that Plantro presently believes are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking information.

    Statements containing forward-looking information in this press release are based on Plantro’s beliefs and opinions at the time the statements are made, and there should be no expectation that such forward-looking information will be updated or supplemented as a result of new information, estimates or opinions, future events or results or otherwise, and Plantro disclaims any obligation to do so, except as required by applicable law. All of the forward-looking information contained in this press release is expressly qualified by the foregoing cautionary statements.

    Media Contact: Gagnier Communications
    Riyaz Lalani / Dan Gagnier
    Email: Plantro@gagnierfc.com

    A PDF accompanying this announcement is available at http://ml.globenewswire.com/Resource/Download/a15f0631-205c-4781-9fea-5ac936ebd5bd

    The MIL Network

  • MIL-OSI: Gibson Energy Reports 2025 First Quarter Results Driven by Record Infrastructure EBITDA and All-Time High Volumes at Gateway and Edmonton

    Source: GlobeNewswire (MIL-OSI)

    All financial figures are in Canadian dollars unless otherwise noted

    CALGARY, Alberta, May 05, 2025 (GLOBE NEWSWIRE) — Gibson Energy Inc. (TSX:GEI) (“Gibson” or the “Company”) announced today its financial and operating results for the three months ended March 31, 2025.

    Key Highlights:

    • All-time high volumes at both the Gateway and Edmonton terminals drove record Infrastructure Adjusted EBITDA(1) of $155 million
    • Realized recurring and non-recurring cost savings of approximately $6 million, increasing DCF per share in the first quarter by 7%, with line of sight to $18 million of total savings, relative to our target of over $25 million
    • Secured a strategic long-term partnership with Baytex Energy Corp. (“Baytex”)
    • Appointed Riley Hicks as Senior Vice President and Chief Financial Officer effective February 4, 2025, and Dave Gosse as Senior Vice President and Chief Operating Officer to become effective May 20, 2025
    • Subsequent to the quarter, completed the Gateway dredging project safely, on time and on budget

    “We are off to a solid start to 2025, delivering record quarterly Infrastructure EBITDA,” said Curtis Philippon, President & Chief Executive Officer. “Our cost focus efforts continue to deliver results, and we are seeing great progress on our key capital projects at Gateway. With a revitalized leadership team in place and disciplined execution underway, we are well positioned to deliver a strong finish to the year.”

    Financial Highlights:

    • Revenue of $2,748 million decreased by $541 million in the first quarter, compared to $3,289 million in the first quarter of 2024, primarily due to the impact of reduced sales volumes and lower commodity prices within the Marketing segment
    • Infrastructure Adjusted EBITDA(1) of $155 million in the first quarter, a $4 million or 2% increase from the first quarter of 2024, primarily due to increased throughput at the Edmonton Terminal and Gateway, and lower operating and other costs, partially offset by lower volume at the Hardisty Terminal, and the disposal of non-core assets in the prior period
    • Marketing Adjusted EBITDA(1) of $0 in the first quarter, a $33 million decrease from the first quarter of 2024, primarily due to the Crude Marketing business’ lower contribution as continued increased demand for Canadian heavy oil has maintained steep backwardation and limited volatility, impacting storage, quality and time-based opportunities. For the Refined Products business, slightly stronger crack spreads during the quarter were offset by higher feedstock costs driven by continued strength in the WCS differential, as well as the impact of seasonal reduction in demand for asphalt products
    • Adjusted EBITDA(1) on a consolidated basis of $142 million in the first quarter, a $28 million or 16% decrease from the first quarter of 2024, primarily due to lower contributions from the Marketing segment and the other factors impacting segment EBITDA noted above, as well as the impact of unrealized gains and losses on derivative financial instruments recorded in both periods
    • Net income of $50 million in the first quarter, a $9 million or 23% increase from the first quarter of 2024, primarily due to the impact of items affecting segment EBITDA noted above as well as lower general and administrative costs primarily due to executive transition and restructuring costs in the prior period, partially offset by higher corporate foreign exchange losses
    • Distributable Cash Flow(1) of $91 million in the first quarter, a $24 million or 21% decrease from the first quarter of 2024, primarily due to lower Adjusted EBITDA from the Marketing segment, partially offset by increased Infrastructure Adjusted EBITDA
    • Dividend Payout ratio(2) on a trailing twelve-month basis of 77%, which is within the 70% – 80% target range
    • Net debt to Adjusted EBITDA(2) ratio of 3.7x at March 31, 2025, compared to 3.5x at March 31, 2024, primarily due to lower contributions from the Company’s Marketing segment and higher interest expenses compared to the same period last year

    Strategic Developments:

    • Appointed Riley Hicks as Senior Vice President and Chief Financial Officer, effective February 4, 2025; Riley joined Gibson in 2018 and has held various finance and commercial roles, including most recently Senior Vice President Corporate Development, Marketing and Strategy
    • Entered into a long-term strategic partnership with Baytex; under the initial 10-year take-or-pay and area dedication agreement, Gibson will invest approximately $50 million in new liquids infrastructure and Baytex will direct production to Gibson’s core Edmonton terminal, enhancing the Company’s quality of cash flows
    • Surpassed a major safety milestone, with over 9 million hours worked without a lost time injury
    • Subsequent to the quarter, Dave Gosse was appointed as Senior Vice President and Chief Operating Officer, to become effective May 20, 2025; with more than 30 years of operational and engineering leadership, in roles including President of Energy Transfer Canada, Dave adds strong expertise to Gibson’s executive team
    • Subsequent to the quarter, successfully completed the dredging project at Gateway safely, on time and on budget, making Gateway one of only two terminals in Texas capable of loading up to 1.6 million barrels on a Very Large Crude Carrier and up to full capacity on a Suezmax vessel

    (1) Adjusted EBITDA and distributable cash flow are non-GAAP financial measures. See the “Specified Financial Measures” section of this release.
    (2) Net debt to adjusted EBITDA ratio and dividend payout ratio are non-GAAP financial ratios. See the “Specified Financial Measures” section of this release.

    Management’s Discussion and Analysis and Financial Statements
    The 2025 first quarter Management’s Discussion and Analysis and unaudited Condensed Consolidated Financial Statements provide a detailed explanation of Gibson’s financial and operating results for the three months ended March 31, 2025, as compared to the three months ended March 31, 2024. These documents are available at www.gibsonenergy.com and on SEDAR+ at www.sedarplus.ca.

    Earnings Conference Call & Webcast Details
    A conference call and webcast will be held to discuss the 2025 first quarter financial and operating results at 7:00am Mountain Time (9:00am Eastern Time) on Tuesday, May 6, 2025.

    To register for the call, view dial-in numbers, and obtain a dial-in PIN, please access the following URL:

    Registration at least five minutes prior to the conference call is recommended.

    This call will also be broadcast live on the Internet and may be accessed directly at the following URL:

    The webcast will remain accessible for a 12-month period at the above URL.

    Supplementary Information

    Gibson has also made available certain supplementary information regarding the 2025 first quarter financial and operating results, available at www.gibsonenergy.com.

    About Gibson
    Gibson is a leading liquids infrastructure company with its principal businesses consisting of storage, optimization, processing, and gathering of liquids and refined products, as well as waterborne vessel loading. Headquartered in Calgary, Alberta, the Company’s operations are located across North America, with core terminal assets in Hardisty and Edmonton, Alberta, Ingleside and Wink, Texas, and a facility in Moose Jaw, Saskatchewan.

    Gibson shares trade under the symbol GEI and are listed on the Toronto Stock Exchange. For more information, visit www.gibsonenergy.com.

    Forward-Looking Statements

    Certain statements contained in this press release constitute forward-looking information and statements (collectively, forward-looking statements). All statements other than statements of historical fact are forward-looking statements. The use of any of the words ‘‘anticipate’’, ‘‘plan’’, ‘‘contemplate’’, ‘‘continue’’, ‘‘estimate’’, ‘‘expect’’, ‘‘intend’’, ‘‘propose’’, ‘‘might’’, ‘‘may’’, ‘‘will’’, ‘‘shall’’, ‘‘project’’, ‘‘should’’, ‘‘could’’, ‘‘would’’, ‘‘believe’’, ‘‘predict’’, ‘‘forecast’’, ‘‘pursue’’, ‘‘potential’’ and ‘‘capable’’ and similar expressions are intended to identify forward looking statements. The forward-looking statements reflect Gibson’s beliefs and assumptions with respect to, among other things, future cost savings to be realized by the Company, the future effective date of appointment of the Company’s new Senior Vice President and Chief Operating Officer, results through the remainder of the current fiscal year, and the capital expenditure in relation to the project with Baytex, and Gibson’s ability to achieve the anticipated benefits of such project, including the enhancement of the quality of the Company’s cash flows. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon. These statements speak only as of the date of this press release. The Company does not undertake any obligations to publicly update or revise any forward-looking statements except as required by securities law. Actual results could differ materially from those anticipated in these forward-looking statements as a result of numerous risks and uncertainties including, but not limited to, the risks and uncertainties described in “Forward-Looking Information” and “Risk Factors” included in the Company’s Annual Information Form dated February 18, 2025, and Management’s Discussion and Analysis dated May 5, 2025, as filed on SEDAR+ and available on the Gibson website at www.gibsonenergy.com.

    For further information, please contact:

    Investor Relations
    (403) 776-3077
    investor.relations@gibsonenergy.com

    Media Relations
    (403) 476-6334
    communications@gibsonenergy.com

    Specified Financial Measures
    This press release refers to certain financial measures that are not determined in accordance with GAAP, including non-GAAP financial measures and non-GAAP financial ratios. Readers are cautioned that non-GAAP financial measures and non-GAAP financial ratios do not have standardized meanings prescribed by GAAP and, therefore, may not be comparable to similar measures presented by other entities. Management considers these to be important supplemental measures of the Company’s performance and believes these measures are frequently used by securities analysts, investors and other interested parties in the evaluation of companies in industries with similar capital structures.

    For further details on these specified financial measures, including relevant reconciliations, see the “Specified Financial Measures” section of the Company’s MD&A for the three months ended March 31, 2025 and 2024, which is incorporated by reference herein and is available on Gibson’s SEDAR+ profile at www.sedarplus.ca and Gibson’s website at www.gibsonenergy.com.

    a) Adjusted EBITDA

    Noted below is the reconciliation to the most directly comparable GAAP measures of the Company’s segmented and consolidated adjusted EBITDA for the three months ended March 31, 2025, and 2024:

    Three months ended March 31, Infrastructure Marketing Corporate and
    Adjustments
    Total
    ($ thousands) 2025   2024   2025   2024   2025   2024   2025   2024  
                         
    Segment profit 154,079   145,663   13,860   19,381       167,939   165,044  
    Unrealized (gain) loss on financial instruments (455 ) 4,149   (13,746 ) 14,217       (14,201 ) 18,366  
    General and administrative         (14,323 ) (21,920 ) (14,323 ) (21,920 )
    Adjustments to share of profit from equity accounted investees 1,173   1,481           1,173   1,481  
    Executive transition and restructuring costs         2,405   7,135   2,405   7,135  
    Renewable power purchase agreement         (806 )   (806 )  
    Adjusted EBITDA 154,797   151,293   114   33,598   (12,724 ) (14,785 ) 142,187   170,106  
      Three months ended March 31,
     
    ($ thousands) 2025   2024  
         
    Net Income 49,953   40,489  
         
    Income tax expense 14,044   12,455  
    Depreciation, amortization, and impairment charges 42,532   43,431  
    Finance costs, net 33,658   35,403  
    Unrealized (gain) loss on derivative financial instruments (14,201 ) 18,366  
    Unrealized loss on renewable power purchase agreement 6,787   9,476  
    Share-based compensation 3,128   5,064  
    Acquisition and integration costs   1,305  
    Adjustments to share of profit from equity accounted investees 1,173   1,481  
    Corporate foreign exchange loss (gain) and other 2,708   (4,499 )
    Executive transition and restructuring costs 2,405   7,135  
    Adjusted EBITDA 142,187   170,106  

    b) Distributable Cash Flow

    The following is a reconciliation of distributable cash flow from operations to its most directly comparable GAAP measure, cash flow from operating activities:

      Three months ended March 31,
     
    ($ thousands) 2025   2024  
         
    Cash flow from operating activities 121,852   192,833  
    Adjustments:    
    Changes in non-cash working capital and taxes paid 15,417   (26,078 )
    Replacement capital (5,808 ) (4,372 )
    Cash interest expense, including capitalized interest (31,549 ) (33,878 )
    Acquisition and integration costs(1)   1,305  
    Executive transition and restructuring costs(1) 2,405    
    Lease payments (6,317 ) (8,034 )
    Current income tax (5,226 ) (7,312 )
    Distributable cash flow 90,774   114,464  

    c) Dividend Payout Ratio

      Twelve months ended March 31,  
      2025   2024  
    Distributable cash flow 351,583   392,853  
    Dividends declared 270,630   247,946  
    Dividend payout ratio 77 % 63 %

    d) Net Debt To Adjusted EBITDA Ratio

      Twelve months ended March 31,  
      2025   2024  
         
    Current and long-term debt 2,619,116   2,643,464  
    Lease liabilities 47,752   58,480  
    Less: unsecured hybrid debt (450,000 ) (450,000 )
    Less: cash and cash equivalents (46,090 ) (108,858 )
         
    Net debt 2,170,778   2,143,086  
    Adjusted EBITDA 582,223   605,095  
    Net debt to adjusted EBITDA ratio 3.7   3.5  

    The MIL Network

  • MIL-OSI: Northfield Capital Announces Transaction to Acquire Remaining Minority Interest of Northfield Aviation

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 05, 2025 (GLOBE NEWSWIRE) — Northfield Capital Corporation (TSX-V: NFD.A) (“Northfield” or the “Corporation”) is pleased to announce that its wholly-owned subsidiary, Spruce Goose Aviation Inc. (“Spruce Goose”), has entered into a share purchase agreement dated May 5, 2025 (the “Share Purchase Agreement”) with Iain Hayden (the “Vendor”), to acquire all of the shares (the “Purchased Shares”) of Northfield Aviation Group Inc. (“Northfield Aviation”) not already owned by Spruce Goose. In consideration for the Purchased Shares, Spruce Goose will cause the Corporation to issue to the Vendor 60,000 Class A restricted voting shares of the Corporation (the “Consideration Shares”), at a deemed issue price of C$5.23 per share.

    Northfield Aviation is an indirect subsidiary of the Corporation, in which Spruce Goose already holds a majority (91%) voting ownership interest, and the Purchased Shares (being, an aggregate of 9,357 Class A common shares and 22,303 Class B common shares in the capital of Northfield Aviation) represent the remaining 9% voting ownership interest in Northfield Aviation not already owned by the Purchaser. Upon completion of the Proposed Transaction, the Purchaser will hold a 100% ownership interest in Northfield Aviation.

    Completion of the transactions contemplated by the Share Purchase Agreement (collectively, the “Proposed Transaction”) remains subject to a number of conditions, including the approval of the TSX Venture Exchange (the “TSXV”), and the satisfaction of other customary closing conditions. There can be no assurance that the Proposed Transaction will be completed as proposed or at all. Subject to the satisfaction and/or waiver of all closing conditions, the Proposed Transaction is expected to be completed on or about May 8, 2025. The Consideration Shares are not subject to resale restrictions under applicable Canadian securities laws.

    TSXV Policy 5.9 and MI 61-101

    The Vendor is a director of Northfield Aviation, and accordingly, is a Non-Arm’s Length Party (as such term is defined in the policies of the TSXV) in relation to the Corporation and a “related party” of the Corporation pursuant to Multilateral Instrument – 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”).

    The issuance of the Consideration Shares to the Vendor constitutes a “related party transaction” within the meaning of MI 61-101 and Policy 5.9 – Protection of Minority Security Holders in Special Transactions of the TSXV (“Policy 5.9”) (which incorporates the requirements of MI 61-101). However, the Corporation is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(a) and 5.7(1)(a) of MI 61-101, respectively, as, at the time the Proposed Transaction was agreed to, neither the fair market value of the subject matter of, nor the fair market value of the consideration to be delivered by the Corporation for, the Proposed Transaction, exceeded 25% of the Corporation’s market capitalization.

    About Northfield Capital Corporation

    Northfield Capital Corporation is a publicly traded, leading Canadian investment firm with deep roots in resources, mining, aviation, and premium alcoholic beverages. Founded in 1981 by Robert D. Cudney, Northfield combines decades of experience with forward-thinking strategies to unlock opportunities across its diverse portfolio. Northfield is dedicated to fostering growth and innovation in businesses that drive economic prosperity in Canada. For more information, visit northfieldcapital.com.

    For further information, please contact:

    Michael G. Leskovec, CPA, CA
    Chief Financial Officer
    Telephone: (416) 628-5940

    Forward-Looking Information

    Forward-looking information is included in this news release. Forward-looking information is identified by the use of terms such as “anticipate”, “believe”, “could”, “estimate”, “expect”, “intend”, “may”, “plan”, “predict”, “project”, “will”, “would”, and “should” and similar terms and phrases, including references to assumptions. Such information may involve but are not limited to, statements with respect to the Proposed Transaction, as well as the anticipated timing for the completion of the Proposed Transaction. Forward-looking information, by their nature, are based on assumptions and are subject to important risks and uncertainties. Any forecasts, predictions or forward-looking information cannot be relied upon due to, among other things, changing external events and general uncertainties of the business and its corporate structure. Results indicated in forward-looking information may differ materially from actual results for a number of reasons. The forward-looking information contained herein are subject to change. However, Northfield disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.

    Neither 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 press release.

    The MIL Network

  • MIL-OSI: Draganfly Announces Closing of US$3.6 Million Underwritten Public Offering

    Source: GlobeNewswire (MIL-OSI)

    Saskatoon, SK., May 05, 2025 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), a drone solutions, and systems developer, today announced the closing of its previously announced underwritten public offering (the “Offering”) of 1,715,000 units (the “Units”), with each Unit consisting of one common share and one warrant to purchase one common share (each, a “Warrant”). Each Unit was sold at a public offering price of US$2.10, for gross proceeds of approximately US$3.6 million, before deducting underwriting discounts and offering expenses. The Warrants have an exercise price of CA$3.9779 (or US$2.875) per share, are exercisable immediately and will expire five years following the date of issuance. In addition, the Company granted the Underwriter (as defined below) a 45-day over-allotment option to purchase up to an additional 15% of the number of common shares and/or warrants offered in the Offering, of which the Underwriter has partially exercised its option to purchase an additional 100,000 Warrants.

    Maxim Group LLC (the “Underwriter”) acted as sole book-running manager for the Offering.

    Draganfly currently intends to use the net proceeds from the Offering for general corporate purposes, including to fund its capabilities to meet demand for its new products including growth initiatives and/or for working capital requirements including the continuing development and marketing of the Company’s core products, potential acquisitions and research and development.

    The Offering was made pursuant to an effective shelf registration statement on Form F-10, as amended, (File No. 333-271498) previously filed with and subsequently declared effective by the U.S. Securities and Exchange Commission (“SEC”) on July 5, 2023 and the Company’s Canadian short form base shelf prospectus dated June 30, 2023 (the “Base Shelf Prospectus”). Draganfly offered and sold the securities in the United States only. No securities were offered or sold to Canadian purchasers.

    A final prospectus supplement and accompanying Base Shelf Prospectus relating to the Offering and describing the terms thereof has been filed with the applicable securities commissions in the Canadian provinces of British Columbia, Saskatchewan and Ontario, and with the SEC in the United States and is available for free by visiting the Company’s profiles on the SEDAR+ website maintained by the Canadian Securities Administrators at www.sedarplus.ca or the SEC’s website at www.sec.gov, as applicable. Copies of the final prospectus supplements and accompanying Base Shelf Prospectus relating to the Offering may be obtained by contacting Maxim Group LLC, at 300 Park Avenue, 16th Floor, New York, NY 10022, Attention: Syndicate Department, or by telephone at (212) 895-3745 or by email at syndicate@maximgrp.com.

    This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

    About Draganfly

    Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A) is a pioneer in drone solutions, AI-driven software, and robotics. With over 25 years of innovation, Draganfly has been at the forefront of drone technology, providing solutions for public safety, agriculture, industrial inspections, security, mapping, and surveying. The Company is committed to delivering efficient, reliable, and industry-leading technology that helps organizations save time, money, and lives.

    Media Contact
    media@draganfly.com

    Company Contact
    Email: info@draganfly.com

    Forward Looking Statements

    Certain statements contained in this news release may constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws. Such statements, based as they are on the current expectations of management, inherently involve numerous important risks, uncertainties and assumptions, known and unknown. In this news release, such forward-looking statements include, but are not limited to, statements regarding the intended use of proceeds of the Offering. Actual future events may differ from the anticipated events expressed in such forward-looking statements. Draganfly believes that expectations represented by forward-looking statements are reasonable, yet there can be no assurance that such expectations will prove to be correct. The reader should not place undue reliance, if any, on any forward-looking statements included in this news release. These forward-looking statements speak only as of the date made, and Draganfly is under no obligation and disavows any intention to update publicly or revise such statements as a result of any new information, future event, circumstances or otherwise, unless required by applicable securities laws.‎ Investors are cautioned not to unduly rely on these forward-looking statements and are encouraged to read the Offering documents, as well as Draganfly’s continuous disclosure documents, including its current annual information form, as well as its audited annual consolidated financial statements which are available on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov/edgar.

    The MIL Network

  • MIL-OSI Security: Stephenville — Bay St. George RCMP responds to outdoor party in Barachois Brook where suspected bear spray was deployed, seeks public’s assistance

    Source: Royal Canadian Mounted Police

    Bay St. George RCMP is investigating the suspected deployment of bear spray at an outdoor graduation party that was held at Black Bank Beach in Barachois Brook over this past weekend. Police are looking to speak with anyone who may have been present at the party or who otherwise may have information.

    At approximately 1:30 a.m. on Sunday, police received the report. On Saturday evening and into Sunday morning, a number of teenagers were gathered at the beach as part of a graduation celebration. An individual, who was not part of the party and who has since been identified by police, attended the area and deployed a substance that is believed to have been bear spray.

    Most of those in attendance had departed the scene prior to police arrival. Some teens received minor skin irritations.

    As part of the investigation, Bay St. George RCMP looks to speak with anyone who attended the gathering, including possible victims or witnesses of the incident, or those who may otherwise have information about this incident. Please call 709-643-2118.

    MIL Security OSI

  • MIL-OSI Canada: Improvements to Alberta Hospital Edmonton coming soon

    [. The Alberta Recovery Model is focused on ensuring Albertans have access to evidence-based mental health and addiction care to pursue recovery and personal wellness. This approach has included significant capital investments for new infrastructure, to build more capacity and open more beds within the mental health and addiction system.

    To continue development of the Alberta Recovery Model, government is putting forward more than $141 million of capital funding for site improvements and new infrastructure at the Alberta Hospital Edmonton (AHE) campus. AHE has been delivering mental health services for more than 100 years, first opening its doors in 1923. With little capital investment for several decades for AHE, it is time to bring new life to the facilities and expand services delivered.

    “Alberta Hospital Edmonton has provided psychiatric care to Albertans for more than 100 years. Adding new addiction treatment facilities to the campus is a step forward in building mental health and addiction system capacity. This investment will ensure Alberta Hospital Edmonton is helping Albertans pursue recovery for years to come.”

    Dan Williams, Minister of Mental Health and Addiction

    The capital funding will support upgrades for campus infrastructure, unit renovations and demolition of vacated buildings at Alberta Hospital Edmonton. This investment will also support building the Edmonton Recovery Community and the Northern Alberta Compassionate Intervention Centre on the AHE campus. Overall, the capital investment will help maintain important hospital infrastructure for the existing 460 treatment beds and outpatient psychiatric services while also increasing addiction treatment capacity within Edmonton by 225 beds.

    Construction of both the Edmonton Recovery Community and the Northern Alberta Compassionate Intervention Centre is expected to begin in 2026.

    “For many years, the Alberta Hospital Edmonton has played an important role supporting Albertans with complex mental health issues. We are proud to support a modernization project that will not only enhance this facility but also ensure that the most advanced and effective care is available for those in need.”

    Martin Long, Minister of Infrastructure

    “Our commitment to delivering compassionate, evidence-based care goes hand in hand with our responsibility to provide safe, modern environments for both patients and staff. This investment in new infrastructure allows us to better support Albertans on their recovery journey while ensuring Recovery Alberta’s clinicians and teams have the facilities they need to do their vital work safely and effectively.”

    Kerry Bales, CEO, Recovery Alberta

    Edmonton Recovery Community

    A capital investment of $38 million will go towards building the Edmonton Recovery Community, which is expected to be complete by the end of 2027. The 75-bed facility will provide residents with holistic, long-term addiction treatment for up to one year.

    Recovery communities focus on mental health and well-being, individual and group therapy, development of healthy habits and social skills, employment training and other supports that put residents on a pathway to success. The goal is for every participant to leave the program not only drug free, but as healthy members of society with strong connections to the community.

    Northern Alberta Compassionate Intervention Centre

    More than $90 million in capital funding will go towards building the Northern Alberta Compassionate Intervention Centre, which is expected to be completed in 2029. This new 150-bed centre will provide patients with access to a full spectrum of mental health and addiction supports to address their complex health needs. The centre will include spaces for intake assessments, medically supported detox, counselling, individual and group therapy and more for those receiving care under the proposed Compassionate Intervention Act.

    As part of the public health care system in Alberta, the Northern Alberta Compassionate Intervention Centre will be operated by Recovery Alberta and provide intensive treatment to patients under a secure compassionate intervention care plan. The goal is to provide stabilization, assessment and treatment so Albertans can successfully transition to community supports, such as a recovery community or psychiatric treatment, to continue their recovery journey.

    Alberta Hospital Edmonton revitalization

    More than $13 million in capital maintenance and renewal funding will go towards updating the AHE campus infrastructure, including various mechanical upgrades, water main repairs, boiler repairs, roof replacements and unit renovations (building 8). Two vacant buildings, building 1 and building 11, will be demolished along with the water tower. Planning for the demolition of three more vacant buildings (buildings 2, 5 and 7) is also underway.

    Since 1923, AHE has played an important role in caring for those with complex mental health needs. Today, the hospital continues to provide both inpatient and outpatient psychiatric care to Albertans. This includes 460 treatment beds for forensic psychiatric care, adult psychiatric care and the Protection of Children Abusing Drugs program. Treatment beds for youth under mandatory treatment orders will eventually move to the Northern Alberta Youth Recovery Centre upon completion, which will create more treatment space for adult care at AHE.

    Patient care at AHE will not be impacted by the construction of the new buildings or the demolition of the vacant buildings.

    Key Facts

    • Alberta Hospital Edmonton opened in 1923 following the First World War, and was primarily focused on treating veterans with what is now known as post-traumatic stress disorder.
    • AHE has a strong history of mental health care with a focus on recovery-oriented care and addressing substance use challenges.
    • In the 1970s and 80s, Alberta Hospital Edmonton was the province’s largest psychiatric treatment facility with about 650 treatment beds.
    • Building 1 was the first dormitory on the hospital campus and contained the Highwood School until closing in 2006; building 11 was known as the Cottonwood building.

    Related information

    • Compassionate Intervention
    • Recovery Communities
    • Alberta Recovery Model

    Related news

    • Delivering on compassionate intervention (April 15, 2025)
    • Laying the foundation for compassionate intervention (Feb. 24, 2025)
    • Province more than doubling youth treatment beds (Nov. 26, 2024)
    • Alberta opens another world-class recovery community (Aug. 15, 2024)

    Multimedia

    • Watch the news conference

    MIL OSI Canada News

  • MIL-OSI Canada: School Bus Driver Appreciation Day: Minister Nicolaides

    Source: Government of Canada regional news (2)

    MIL OSI Canada News

  • MIL-OSI Canada: Alexandra Bridge closed to motorists

    Source: Government of Canada News

    For immediate release

    Gatineau, Quebec May 5, 2025 – Public Services and Procurement Canada (PSPC) wishes to advise motorists that the Alexandra Bridge will be closed for upcoming inspection work during the following periods:

    • From Wednesday, May 7, to Friday, May 9, from 9:30 am to 3 pm
    • From Friday, May 9, at 11 pm, to Sunday, May 11, at 11 pm

    During these periods, the boardwalk will remain accessible to cyclists and pedestrians.

    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

  • MIL-OSI Canada: Competition Bureau sues Canada’s Wonderland for allegedly advertising misleading prices online

    Source: Government of Canada News

    May 5, 2025 – GATINEAU, QC – Competition Bureau

    The Competition Bureau is taking legal action against Canada’s Wonderland Company for advertising park tickets and a variety of other items at a lower price than what consumers actually have to pay online. The Bureau alleges that Wonderland is advertising prices that do not include a mandatory fixed fee of $0.99, $6.99, $8.99, or $9.99.

    Canada’s Wonderland charges a processing fee for online purchases involving park admission, starting at $6.99 and increasing to $8.99 or $9.99 depending on the number of items purchased. For most purchases of non-admission-related products, a single $0.99 processing fee applies, regardless of the number of items.

    The Bureau alleges that Wonderland has made, and continues to make, false or misleading price claims by advertising lower prices than what consumers ultimately have to pay as those prices exclude mandatory fixed fees. This practice, commonly known as drip pricing, is deceptive because consumers are not presented with an attainable price upfront.

    Today, the Bureau filed an application with the Competition Tribunal seeking, among other things, for Wonderland to: 

    • stop the deceptive price advertising;
    • pay a penalty; and
    • issue restitution to affected consumers who purchased products through Wonderland’s website.

    MIL OSI Canada News

  • MIL-OSI USA: In Bipartisan Push, Hawley & Welch Introduce Major Legislation to Lower Prescription Drug Prices

    US Senate News:

    Source: United States Senator Josh Hawley (R-Mo)

    Monday, May 05, 2025

    Today U.S. Senator Josh Hawley (R-Mo.) and Senator Peter Welch (D-Vt.) introduced legislation to lower the cost of drug prices for Americans. The Fair Prescription Drug Prices for Americans Act would offer relief for millions of patients while ensuring Americans are no longer financing lower drug costs for foreigners.
    This legislation would correct decades of policies that benefited pharmaceutical companies but left American patients holding the bag. While other developed nations pay reasonable prices for prescription drugs, Americans pay substantially higher prices for the same medications. In his first term, President Trump pursued “international price index” and “most favored nation” policies on drugs covered by Medicare to end these practices.
    “For too long, Americans have subsidized prescription drug costs for foreigners while paying outrageous prices for their own medications,” Senator Hawley said.“President Trump previously advanced major reforms to ensure that American patients pay the same prices as consumers abroad. This bipartisan legislation would continue that work to end a drug market that favors Big Pharma, make prescriptions affordable again, and empower Americans to get the care they need.”
    “No one should ever be forced to choose between paying for the prescriptions they need or putting food on the table. But Big Pharma’s price gouging has made that a reality for many Americans, forcing them to pay four or five times more for the same lifesaving medications as folks in other countries—it’s unacceptable,” said Senator Welch. “In his first term, President Trump pursued a most-favored nation policy to level the playing field for American patients. I’m glad to partner with Senator Hawley on this bipartisan bill that offers the administration a template to work with Congress to make that goal a reality. We have an obligation to ensure folks in Vermont, Missouri, and across the country get the best possible price for their prescription drugs.”
    The Fair Prescription Drug Prices for Americans Act would:
    Prohibit pharmaceutical companies from selling drugs in the United States at higher prices than the international average, ending the practice of forcing Americans to pay the world’s highest prices for medications
    Impose stiff civil monetary penalties on pharmaceutical companies that violate this rule. Specifically:
    The penalty would equal 10 times the difference between the U.S. list price and the average price of the drug sold in Canada, France, Germany, Japan, Italy, and the United Kingdom.
    Penalties would be calculated and charged for each unit of drug or biological product sold at an inflated price.

    Click here for full text of the bill.

    MIL OSI USA News

  • MIL-OSI Global: Mark Carney heads to Washington: His visit with Trump kicks off high-wire politics in Canada

    Source: The Conversation – Canada – By Thomas Klassen, Professor, School of Public Policy and Administration, York University, Canada

    Prime Minister Mark Carney is headed to Washington, D.C., for a high-stakes meeting with Donald Trump as the American president continues his trade war and annexation threats against Canada.

    “We are meeting as heads of our government,” Carney said at a news conference late last week. “I am not pretending those discussions will be easy.”

    The White House visit comes just a week after Carney led the Liberals to their fourth consecutive election victory.

    It was a result that, at first blush, allowed each party to claim that it won, or at least that it did not totally lose. That sets up a Parliamentary session that will feature several interesting dynamics.

    The Conservatives under Pierre Poilievre won several more seats than in 2021 and their highest share of the national vote in decades, though Poilievre himself lost his seat.




    Read more:
    Canada’s Conservatives, with an assist from Donald Trump, are down — but they’re far from out


    The NDP under an outgoing Jagmeet Singh managed to hold onto the balance of power in the upcoming minority Parliament for a third consecutive time. Elizabeth May continues to represent the Green Party in the House of Commons. Yves-François Blanchet kept the Bloc Québécois relevant for voters in Québec.

    Even Justin Trudeau, no longer in politics, won — his legacy is not in the gutter due to a predicted Conservative majority win that never materialized once Carney replaced him.

    But in the coming weeks and months, the leaders and their parties face difficult circumstances that could turn them into losers — most importantly, how Carney manages the relationship with Trump.

    The role of Trump

    Carney and the Liberals capitalized on exceptional
    circumstances
    driven by Donald Trump’s trade war and threats to make Canada the 51st state. Winning four consecutive elections is a rare feat for any political party in Canada.
    But Carney cannot count on fortune continuing to smile upon him. He must now manage a party within which he has little history and few favours to call in — a party that he has dragged from centre-left under Trudeau to centre-right.

    The new prime minister will have to rely on aides and advisers to a much greater extent than all former office-holders who had years or decades of experience in the political area, including the House of Commons. At the same time, he will have to demonstrate to Canadians that he is in charge and makes the final decisions.

    Invariably, there will be Liberal missteps in the weeks ahead: ethical lapses for some MPs, ministerial appointments that go awry and disappointment among those not appointed to cabinet. Because Carney has been prime minister for less than two months, the upcoming Speech from the Throne on May 27 — to be delivered by King Charles — that sets the government’s goals is shrouded in mystery.

    Beyond Ottawa, premiers from several different political parties — each with their own agenda — await Carney. South of the border, the unpredictable Trump, with his infuriating rhetoric and disruptive actions, is in office for another three-and-half-years.

    As a newcomer to politics elected on his first attempt to the country’s highest political office, Carney could have at least have one topic of conversation in common with Trump when they meet on Tuesday. Trump too was a political outsider who catapulted into office on his first attempt. The two may find some bond in their shared experience.

    The greatest danger for Carney is not from Trump’s rhetoric but from broader economic conditions. He ran for office on the promise of being able to manage economic turmoil. But politicians of any stripe have little control in a global economic slump or an all-out tariff war. If unemployment, inflation or the cost-of-living tick upward, Carney will quickly lose his lustre among many Canadians.

    The new Parliament

    For the Conservatives, Poilievre’s leadership will continue to weigh on the party in the weeks and months ahead. Losing his Ottawa seat weakens his claim to stay on as leader. He now needs to win a byelection in Alberta triggered by the resignation of Conservative MP Damien Kurek.

    The worst outcome for the party is years of infighting between those who support giving Poilievre one more chance and those who believe that 2025 is the best the party can do under his leadership.

    The best outcome is for Poilievre to become a bridge-builder within the party and to Conservatives across Canada, and to rebrand himself to be more palatable to Canadian voters. This will not be easy and he hasn’t shown much inclination to do so.

    The NDP’s Singh has already announced his resignation and accepted responsibility for the party electing only seven MPs. A period of soul-searching leading to a leadership contest has already started. The loss of seats, and returning to Ottawa with an interim leader, lessens the voice of the party in political discourse. If a new leader is elected who is not an MP, the party will be further hampered.

    The Greens remain in the House of Commons, but as a party of one. The jury continues is out on whether the party can exist without its leader, Elizabeth May, who has said she wouldn’t rule out joining Carney’s cabinet.

    Blanchet returns to Ottawa with fewer Bloc MPs and a murky mission. He had hoped that the Bloc would hold the balance of power once the votes were counted, but was foiled by the NDP. He has already faced criticism from his own supporters when he promised to collaborate with other parties in Ottawa to secure Canada’s economic future.

    Beginning with Carney’s handling of Trump this week, how skilfully each party, and leader, performs its distinct high-wire act in the next months will determine the ultimate winners and losers. The show is about to start.

    Thomas Klassen 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. Mark Carney heads to Washington: His visit with Trump kicks off high-wire politics in Canada – https://theconversation.com/mark-carney-heads-to-washington-his-visit-with-trump-kicks-off-high-wire-politics-in-canada-255675

    MIL OSI – Global Reports

  • MIL-OSI Canada: Traffic Advisory – Richmond County

    Source: Government of Canada regional news

    RICHMOND COUNTY: West Bay Road, French Cove

    West Bay Road will be reduced to one lane for paving, ditching and culvert repairs until Tuesday, September 30.

    Work takes place from sunrise to sunset.


    RICHMOND COUNTY: Veterans Memorial Drive, Arichat

    Veterans Memorial Drive will be reduced to one lane for paving, ditching and culvert repairs until Tuesday, September 30.

    Work takes place from sunrise to sunset.


    NOTE: For the most up-to-date provincial traffic notices, follow @511ns on X at https://x.com/511ns, call 511 or visit: https://511.novascotia.ca/

    MIL OSI Canada News

  • MIL-OSI Canada: Government of Canada to host wreath-laying ceremony at the Sunnybrook Health Sciences Centre Cenotaph to mark the 80th anniversary of the Liberation of the Netherlands and Victory in Europe

    Source: Government of Canada News

    Toronto, ON –Veterans Affairs Canada will host a wreath-laying ceremony at the Sunnybrook Health Sciences Centre Cenotaph. Christine McDowell, Associate Deputy Minister, Veterans Affairs Canada will be joined by Veterans of the Second World War, residents of Sunnybrook, Dr. Andy Smith, CEO Sunnybrook Veterans Centre, Harman Idema, Consul-General of the Netherlands, and other dignitaries.

    There will be a photo op and interview opportunities with Veterans and other dignitaries following the ceremony.

    Location:   Sunnybrook Health Sciences Centre Cenotaph
                        
    2075 Bayview Avenue
                         Toronto, ON  M4N 1J7

    Date:           Tuesday, 6 May 2025

    Time:          10:30 EDT

    Notes for media:

    Media who wish to participate must register by 08:30 EDT on Tuesday, 6 May 2025 by contacting media@veterans.gc.ca with their name and media outlet. Media members 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

  • MIL-OSI Canada: Government of Canada to host Boots of Remembrance ceremony to mark the 80th anniversary of the Liberation of the Netherlands and Victory in Europe

    Source: Government of Canada News

    Toronto, ON –Veterans Affairs Canada will host a Boots of Remembrance commemorative event at CIBC SQUARE with the official Government of Canada delegation commemorating the 80th anniversary of the Liberation of the Netherlands and Victory in Europe Day. The delegation will be joined by Commander Paul Smith, Commanding Officer, HMCS York, Canadian Armed Forces, David Hoffman, General Manager, CIBC SQUARE and other dignitaries.

    In 2019, a pair of combat boots – a symbol of the many Canadians who took a similar journey during the Second World War to serve our country – was placed on a train in Vancouver, British Columbia, to begin the voyage to Halifax, Nova Scotia, where so many troops departed for Europe over 80 years ago. Along the way, commemorative ceremonies were held across the country to honour the boots and what they symbolize.

    This year, as we commemorate 80 years since the Liberation of the Netherlands and Victory in Europe, the boots are making a return trip, starting in Halifax and making their way to Toronto to symbolize the homecoming of Canadian soldiers and their return to family and community.

    There will be a photo op and interview opportunities with Veterans and other dignitaries following the ceremony.

    Location:        CIBC SQUARE
                              Elevated Green Space
                              81 Bay Street
                              Toronto, ON M5J 0E7

    Date:               Tuesday, 6 May 2025

    Time:              14:00 EDT

    Notes for media:

    Media who wish to participate must register by 12:00 EDT on Tuesday, 6 May 2025 by contacting media@veterans.gc.ca with their name and media outlet. Media members are asked to arrive no later than 13:30 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

  • MIL-OSI USA: Governor Hochul is a Guest on ‘CNN News Central’

    Source: US State of New York

    arlier today, Governor Hochul was a guest on “CNN News Central.”

    AUDIO: The Governor’s remarks are available in audio form here.

    A rush transcript of the Governor’s remarks is available below:

    Kate Bolduan, CNN:  Let’s focus in right now on the President’s comments on the Constitution, and much more. Joining us right now is the Democratic Governor of New York, Governor Kathy Hochul. It’s good to have you here, Governor.

    Governor Hochul: Thank you. Thank you so much.

    Kate Bolduan, CNN: Let’s start there — where Mark and Sarah were talking about the President saying that he does not know if every person on U.S. soil should be afforded due process under the Constitution. What do you make of that after hearing the President?

    Governor Hochul: He basically said that he doesn’t have to follow or even understand what the Constitution of the United States requires of every person who takes that oath of office. I took the same oath of office 31 years ago to run for town board. I knew I was supposed to uphold the constitution.

    I have to think a President who took the oath of office — not once, but twice — understands that there are limitations and that is the body of the Constitution. He must follow it. Otherwise, the democracy that we fought for and upheld for 250 years is just going to go down the drain and we’re not going to let that happen. But it was shocking and it tells you all you need to know about this presidency and this man — that he doesn’t give a damn about the U.S. Constitution and that is frightening in itself.

    Kate Bolduan, CNN: Also, overnight, he announced that he wants to put a 100 percent tariff on all films made overseas. I actually saw – I was looking at the budget that you’re rolling out. And as part of the budget, you’re actually expanding tax credits — tax breaks — to try to bring more film production to New York. I mean, while not clear how the President would apply a tariff on intellectual property, something that’s not a physical good. I guess maybe if I can set that aside for a second. Do you like the idea of that?

    Governor Hochul: These midnight ideas that he has or throws out on the table and we’re all supposed to process? I’ll tell you what, I’m fighting hard for this industry in New York State. It’s an economic driver. It’s part of our identity.

    The talent wants to be in New York, and so I’m in competition with other states, but indeed other countries. So I’m focused on what I can do here in the State of New York. I don’t know if that leads to retaliatory tariffs in other countries because once you start the trade war, who knows where it ends.

    Kate Bolduan, CNN: Right, does it backfire?

    Governor Hochul: Right now, we’re on the bad end of that war because if we’re talking about everything from children’s dolls and toys going up – it may not be here for Christmas. So that’s not what Americans thought they were getting with this president. These were promises they did not expect to see upheld. They thought they’re voting for possible tariffs. But they had no idea that meant when they go to Walmart this Christmas, the shelves may be empty because of what Donald Trump has done.

    Kate Bolduan, CNN: You mentioned the dolls. Let me play how he said that, just to remind our viewers how he talked about that when asked, acknowledging the prices would go up, and then he said this, let me play this for you again.

    […]

    What is your reaction to the President’s take on that? I heard Mark Short – who’s a long time Republican operative – say this feels very, “Let them eat cake” at the moment, even hearing that from a Republican.

    Governor Hochul: It’s so condescending on so many levels. But as a mom who has bought dolls for my little girl and my granddaughter. I mean, come on? The President of the United States is telling you that, “Oh, you don’t need that.” This is a millionaire — maybe billionaire, who really knows what his records show — but he has a lot more money than the average American.

    It shows a disconnect with the people who voted him into office — many of them — that he doesn’t care. He doesn’t care about the families, and this is the contrast that I’m drawing with the budget that I just unveiled. And so he shows he doesn’t care about them. And I think they’re starting to hear this and feel this, and they feel they’ve been betrayed.

    And that’s a very overwhelming feeling across the State of New York. People in the North Country who voted for him, people on Long Island who voted for him, who now lost offshore wind jobs. The North Country – our small businesses are saying, why are you at war with Canada? These are our customers, and now they’re not coming to places like Lake George and Saranac Lake.

    They’re not spending money here because you antagonize one of our best friends in the whole world. So people across New York who did vote for him – the majority did not — but those who even did, they’re shaking their heads at what is happening.

    Kate Bolduan, CNN: I want to ask you about the budget — the state budget that you’re rolling out. I’ve seen it described in more than one place actually as providing a possible roadmap for Democrats far beyond New York and the coming cycle in the Trump era. Not to get into the weeds of the state budget, but you included measures of increasing public safety and lowering taxes for all but the wealthy.

    Do you see success for yourself in the coming election and your party, as I will broad strokes it as moving more towards the center versus the left, which we’re seeing this conversation happen within the Democratic party.

    Governor Hochul: This is not a new movement for me. I’ve always found comfortable in the very wide center — where I believe that most New Yorkers really are. And what it does is it provides a blueprint for anyone who really cares about delivering what the constituents actually want. They want you to focus on two things. Are they and their families safe? Can you do more to make me feel safe? Or whether I’m on the subway?

    So I put more police officers there on our streets, putting more money for gun interdiction up in our rural communities, making sure that our law enforcement has what they need. You have to feel fundamentally safe and Democrats have to talk about that. Don’t be afraid to talk about fighting crime.

    Kate Bolduan, CNN: Do you think that’s been one of the misses in and lessons from the election?

    Governor Hochul: For many, many years. Not this year, many years. We will protect defendants’ rights without a doubt. But I changed the laws so no longer will people see cases — violent criminals walking free, because there were technical reasons why a case was dismissed. We ended that. We’re going to make sure that does not — so I’m focused on that, but it’s also public safety and the economy.

    People are worried about prices and their bills, and you see everybody walking around looking at their cell phone, what their 401k plan is plummeting and turning into — numbers that they never thought could go that low. It is frightening for New Yorkers, and I think about the Walmart moms and the people who shop in the big box stores.

    Like I said, I used to do it as a mom, like you’re clutching your coupons. Hoping it’s enough to get you out of that cash out without being embarrassed in front of your kids that you didn’t have enough for the groceries that week because tariffs drove up the prices. So I’m putting money back in people’s pockets — $5,000.

    Inflation rebate. A thousand dollars for kids under the age four, $500 for school age. The biggest — as you mentioned — the biggest tax cut we’ve had for the middle class in 70 years. It’s all about putting money back in their pockets. And lastly, letting them know I care about their families because their family is my fight.

    I’m banning cell phones in all schools so our kids can finally get their childhood back. So you talk to people about things they understand. You don’t give them a 25 point blueprint on future energy needs. Just tell it like it is. Talk like a regular citizen, a regular New Yorker, a regular person, and stop being so condescending ourselves and talking down to people. This is what they want.

    Kate Bolduan, CNN: You’re going to face some competition in your reelection effort. Just heard, Elise Stefanik, who was up to be an ambassador for Trump – obviously that did not happen. And she was out just yesterday and had some really harsh words to say about you saying, you’re the worst governor in America, that she dubbed Andrew Cuomo that not thinking anyone could do, do worse.

    She’s clearly — she’s exploring a run against you. Are you concerned there has been a lot of talk about the growing Republican sentiment in the State of New York over cycles. Are you concerned about a Republican challenger?

    Governor Hochul: No. No, Donald Trump has made sure that the Republican Party brand is so tainted in New York that no matter who runs against me, they will have the baggage of explaining why people’s prices went up, why they lost healthcare, why they lost Medicaid, why they lost education, all to fund tax breaks for the wealthiest. I look forward to that fight. No matter who it is, it’s not settled yet, but I say bring it on.

    Kate Bolduan, CNN: Governor, thanks for coming in.

    Governor Hochul: Thank you.

    Kate Bolduan, CNN: It’s good to have you here. Thank you.

    MIL OSI USA News

  • MIL-OSI Security: Bonavista — Driver ticketed by Bonavista RCMP for failing to stop for school bus

    Source: Royal Canadian Mounted Police

    A 76-year-old woman was ticketed by Bonavista RCMP for failing to stop for a school bus that was picking up a young child at a bus stop in Plate Cove West on May 1, 2025.

    Shortly before 8:00 a.m. on Thursday, as a small child was entering onto the school bus, which had its emergency lights and stop sign activated, a vehicle drove through the bus’s stop sign. The child was not injured.

    Descriptions of the vehicle and the driver were obtained and the information was provided to police. The driver was located by Bonavista RCMP and was issued a ticket under the Highway Traffic Act for passing a school bus illegally.

    Students, especially younger children, oftentimes, without checking, rely on motorists to follow the rules of the road and expect that vehicles will be stopped while they enter or exit a school bus.

    Reports involving school bus safety are taken quite seriously by RCMP NL. Drivers must stop when a school bus stops to pick up and drop off children. Upon conviction, a driver who fails to stop for a school bus faces a fine that ranges between $500-$1500 and an accumulation of six demerit points.

    RCMP NL thanks those who provided information which assisted with this investigation.

    MIL Security OSI

  • MIL-OSI Canada: Red Dress Day: Minister Wilson

    Source: Government of Canada regional news (2)

    MIL OSI Canada News

  • MIL-OSI Canada: Province takes energy action to electrify economy, increase resilience

    Source: Government of Canada regional news

    The Province, in partnership with BC Hydro, is launching an ambitious plan to harness British Columbia’s clean-electricity advantage, driving economic growth and transformative change, strengthening energy security and advancing climate action.

    “With this work, we are securing our energy and our economy for the future by expanding one of our greatest assets: abundant clean electricity,” said Premier David Eby. “We are boosting our clean-energy supply, powering our growing communities and industries, and creating thousands of family-supporting jobs – all while advancing reconciliation and reducing pollution. Perhaps most importantly, this will help build a strong foundation for our province and our country at a time of external threats to our sovereignty and prosperity.”

    The Clean Power Action Plan is a forward-thinking strategy to leverage B.C.’s clean-electricity advantage, ensuring a resilient and sustainable future for British Columbia. With five transformative initiatives, the plan aims to accelerate economic growth, while securing long-term energy stability for generations to come:

    • launching a second call for power to acquire a target of up to 5,000 gigawatt-hours per year of energy from large, clean and renewable projects in partnership with First Nations and independent power producers – enough to power 500,000 new homes. This builds on the success of the 2024 call for power, which resulted in 10 new renewable-energy projects, with First Nations asset ownership between 49% and 51%, capable of powering about 500,000 new homes;
    • opening up the opportunity to explore B.C.’s power potential through a request for expressions of interest exploring capacity and firm, baseload electricity projects to deliver for peak demand periods and to provide back-up intermittent energy resources;
    • ushering in an expanded era of energy efficiency by partnering with innovators through a request for expressions of interest to deliver market-ready demand-side management technologies that help people and businesses save energy and money;
    • investing more than $12 million from the B.C. Innovative Clean Energy (ICE) fund in a targeted three-year call for new, made-in-B.C. clean-energy technologies that will combat climate change and create sustainable jobs; and
    • streamlining connections to B.C.’s grid to enable new homes and businesses to access clean electricity faster and less expensively.

    “Uncertain times demand bold, decisive action, and we need to respond with urgency and with confidence and turn adversity into opportunity,” said Adrian Dix, Minister of Energy and Climate Solutions. “Our commitment to strengthening energy security and building a resilient electricity system will unlock critical economic opportunities, foster innovation, deepen collaboration with First Nations and reaffirm B.C.’s leadership in climate action.”  

    These initiatives build on actions underway, including setting BC Hydro rate increases at 3.75% for the next two years to provide stable, affordable rates, while enabling significant investments, offering new optional rates to help residential customers save, and implementing BC Hydro’s $36-billion 10-year capital plan to expand and reinforce electricity infrastructure throughout the province.

    Beyond driving economic development and ensuring energy security, the Clean Power Action Plan also supports electrification – the transition from fossil fuels to clean electricity in homes, businesses, industry and transportation, a key pillar of the CleanBC climate strategy.

    “Through collaboration with government, First Nations, and the clean-energy sector, BC Hydro is making significant investments and seeking new partnerships to secure B.C.’s clean-energy future,” said Chris O’Riley, president and CEO, BC Hydro. “The initiatives in the Clean Power Action Plan will set the stage for an increased renewable, reliable and resilient energy supply to support our growing province in the years ahead. At the same time, we remain committed to affordability by offering customers more ways to save energy and money, while maintaining stable, predictable rates.”

    By taking action today, the Province and BC Hydro are laying the foundation for a cleaner, stronger and more resilient future. Through strategic investments, innovation and collaboration, British Columbia is poised to lead in sustainable-energy development, while driving economic progress. As the Clean Power Action Plan moves forward, it will continue to empower communities, create opportunities and secure the province’s place as a leader in clean energy and climate action.

    Quote:

    Kwatuuma Cole Sayers, executive director, Clean Energy Association of British Columbia (CEBC) –

    “The 2024 call for power was historic, showing what’s possible when First Nations, industry, and government collaborate to deliver clean electricity, drive investment, and advance reconciliation. Today’s announcement builds on that momentum with a second call and plan that prioritizes Indigenous equity, local energy solutions and jobs, and sustainable economic growth. CEBC applauds the Province for its continued leadership and remains committed to building a clean and equitable future for all British Columbians.”

    Quick Facts:

    • The 10 wind and solar projects selected through BC Hydro’s 2024 call for power will power 500,000 homes and increase electricity supply by 8%.
    • These projects represent up to $6 billion in private capital spending throughout the province and will create approximately 2,000 jobs during construction.
    • Nearly all the projects have First Nations majority ownership – representing up to $3 billion of asset ownership by First Nations.
    • BC Hydro is investing more than $700 million over the next three years in energy-efficiency tools, technology and programs, which is expected to result in 2,000 gigawatt-hours per year of electricity savings, or enough to power 200,000 homes.
    • Since 2008, the B.C. Innovative Clean Energy Fund has committed more than $124 million to support pre-commercial clean-energy technology projects, clean-energy vehicles, research and development, and energy-efficiency programs.
    • BC Hydro’s residential, commercial and industrial rates are the third lowest in North America (among 22 utilities surveyed in Hydro Quebec’s 2024 Rates Comparison Report).

    Learn More:

    For information on B.C.’s Clean Power Action Plan, visit: https://news.gov.bc.ca/files/EnergizingEconomyReport.pdf

    For information about the wind- and solar-energy projects selected in BC Hydro’s 2024 call for power, visit: https://www.bchydro.com/work-with-us/selling-clean-energy/2024-call-for-power/participants.html

    To find out about the Province’s rate stability direction, visit: https://news.gov.bc.ca/releases/2025ECS0011-000216

    To compare BC Hydro rates with other energy utilities in North America, visit: http://news.gov.bc.ca/files/BCHydroRates.pdf

    To learn more about the Innovative Clean Energy Fund and the 2025 targeted call for clean-energy innovation, visit: https://www2.gov.bc.ca/gov/content/industry/electricity-alternative-energy/innovative-clean-energy-solutions/innovative-clean-energy-ice-fund

    For information about BC Hydro’s energy-efficiency programs, visit: https://www.bchydro.com/toolbar/about/strategies-plans-regulatory/supply-operations/efficiency-plan.html

    MIL OSI Canada News

  • MIL-OSI Canada: Celebrating Alberta Forest Week: Minister Loewen

    Source: Government of Canada regional news (2)

    MIL OSI Canada News

  • MIL-OSI Canada: Agriculture Student Scholarship Recipients Announced in Saskatchewan

    Source: Government of Canada regional news

    Released on May 5, 2025

    Today, Saskatchewan students pursuing a post-secondary education in agriculture were awarded the Agriculture Student Scholarship.

    “It’s encouraging to see such passionate and knowledgeable youth in this year’s Agriculture Student Scholarship submissions,” Agriculture Minister Daryl Harrison said. “Saskatchewan producers are generational leaders when it comes to innovation and sustainability and that is why we continue to invest in the education of our future industry leaders. Congratulations to this year’s recipients.”  

    Abbey Norek is this year’s Agriculture Student Scholarship grand-prize $6,000 winner.

    Norek’s winning video highlighted an urban-rural disconnect when it comes to agriculture. She proposed education and advocacy as key solutions to this issue. Demonstrating strong personal commitment to this topic, she discussed her experience building a school garden using recycled materials, leading outreach programs on her family farm and lobbying for agriculture electives in her school division.  

    Norek is excited about encouraging other young people involved in agricultural education.

    “What it really comes down to is education and spreading awareness about what farming is really like so more people can build trust in it,” Norek said. “Hopefully more young people want to come into this amazing industry.”  

    Noah Skoropad from Chamberlin, Rebecca Mayerle from Tisdale and Ty Annand from Nipawin were all awarded $3,000 as the runners-up. The recipients will be attending post-secondary at the University of Saskatchewan in the fall at the College of Agriculture and Bioresources seeking a Bachelor of Science in Agriculture degrees.  

    For more information on the scholarship winners and their submissions, visit: www.saskatchewan.ca/ag-public-trust.

    -30-

    For more information, contact:

    MIL OSI Canada News

  • MIL-OSI Security: Three Mile Plains — UPDATE: Missing woman found safe

    Source: Royal Canadian Mounted Police

    The 43-year-old woman who was reported missing and last seen on May 4 in Three Mile Plains has been found safe.

    The RCMP thanks Nova Scotians for assisting with missing persons files through social media shares and offering tips.

    File #: 2025-599120

    MIL Security OSI

  • MIL-OSI Global: To the brink and back: How near-death experiences can change how people work

    Source: The Conversation – Canada – By Akierah Binns, PhD Management Candidate, University of Guelph

    New research on near-death experiences challenges conventional ideas about success, motivation and workplace culture. (Shutterstock)

    What happens when someone comes close to death and then returns to everyday life, including work? For some, the experience can be transformative.

    Near-death experiences (NDEs) are deeply personal experiences that some people report after a close brush with death. These experiences can include sensations such as floating above one’s body, reviewing moments from one’s life, encountering spiritual beings and feeling a profound sense of unity and love.

    Although NDEs have been studied since the 1970s, we know relatively little about how they affect people after the event. Research suggests people who have near-death experiences may feel increased empathy, spiritual growth, a sense of purpose and even change how they approach their jobs.

    Our recent study explored how near-death experiences impact people’s return to work. We interviewed 14 working adults who had a near-death experience as a result of medical crises such as a heart attack or accidents such as a car crash. What we found challenges conventional ideas about success, motivation and workplace culture.

    Doing meaningful work

    One of the most common changes expressed by the participants in our study was a desire to do work that felt meaningful and aligned with their newfound purpose in life.

    After their near-death experiences, many wanted to spend time doing work that mattered to them and made a positive difference.

    “I was not interested in doing nonsense … I just was not gonna waste my time on nonsense,” one participant told us. Her perspective shifted dramatically after her heart began beating abnormally for 20 minutes and she lost consciousness.

    Others described similar shifts. Many participants changed their careers by focusing on different work priorities, switching jobs or even starting their own companies. One participant described quitting a high-earning job after being headhunted. She started her own business, which allowed her to use her own NDE to support individuals through the end-of-life process.

    As one participant put it:

    “I like to say that when I woke up in that hospital bed, I had a knowing that the character I was playing was no longer working for me and I had to change characters, and changing that character meant changing that job.”

    Rethinking motivation

    Another significant shift reported by participants was a reprioritization of their values, which, in turn, shifted their attitudes towards work and their careers.

    After experiencing a near-death experience, many lost interest in external measures of success such as salary, fancy titles and prestige. Across the study’s participants, all reported no longer being motivated by extrinsic factors, such as money or receiving recognition for work.

    Instead, they focused on internal alignment and authenticity. Rather than being driven by external rewards, participants were motivated by personal growth and making a positive difference.

    In some workplaces, employee motivation is driven by extrinsic incentives such as bonuses, promotions or external recognition. However, after their NDEs, participants reported being driven by their own internal benchmarks or purpose.

    As one of our interviewees said:

    “The motivation that was there came from this very strange, deep place that I wanted to all of a sudden make a huge impact, you know, in every part of my life … It’s hard to come out of this experience and not feel there’s a reason why you’re here, and you hate to say it, but you feel you have this special gift now. And it’s like why and how am I going to apply this? So, with work, I approach it that way as well.”

    Relational transformations

    We also found that near-death experiences transformed how people interacted with and related to others at work. This is consistent with previous research that shows distinct personality and attitude changes reported by survivors of NDES. Specifically, NDEs shift individual outlooks on life and can serve as catalysts for transformation, influencing how people relate to others.

    Before their near-death experience, many participants viewed workplace relationships as task-oriented and transactional. But afterward, those same relationships became more meaningful to them.

    Colleagues, clients and customers were no longer viewed as just business contacts. Instead, several participants spoke of their service and sales interactions as small acts of relationship-building rather than simply being economic exchanges.

    One participant said:

    “My relationships across the board are deeper, are more connected with people, a hundred per cent … I was a decent salesman before but this is, like, bringing spirituality into a quote-unquote sales position, which blows my mind.”

    One of the most common changes described by participants was a desire to do work that felt meaningful and aligned with a newfound sense of purpose.
    (Shutterstock)

    Lessons for the rest of us

    What does this mean for those of us who haven’t had a near-death experience?

    The participants in our study said their near-death experiences reoriented them to what really matters in life. The after-effects challenge traditional organizational values that celebrate hyper-productivity at the expense of meaning and high-quality relationships. As previous studies suggest, workers engaged in meaningful work eventually manifest greater productivity and accomplishment as opposed to burnout as a result of overwork.

    As interest in workplace well-being continues to rise — particularly in the wake of COVID-19 and the “great resignation” — NDE survivors may be ahead of the curve.

    The after-effects of a near-death experience align with what workers tend to want from their jobs. Workers generally want to satisfy three fundamental needs: economic security, meaningful work and high-quality relationships. Our results suggest that NDE after-effects result in reductions in the importance of satisfying the drive for economic security and elevate the significance of meaningful work and authentic relationships.

    The stories of near-death experience survivors offer a kind of blueprint for reimagining how we work. For employees, that might mean re-evaluating what success looks like or exploring roles that align more closely with personal values. For employers, it might involve fostering workplace cultures that prioritize connection, purpose and well-being.

    One participant offers a lasting reminder for all of us seeking more meaning in our life and jobs: “It’s about relationships, not achievements.”

    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. To the brink and back: How near-death experiences can change how people work – https://theconversation.com/to-the-brink-and-back-how-near-death-experiences-can-change-how-people-work-254443

    MIL OSI – Global Reports