Category: Canada

  • MIL-OSI Canada: New vehicle will support fire service in Champagne

    As part of the Government of Yukon’s work to strengthen volunteer fire services in unincorporated communities, the Yukon Fire Marshal’s Office recently delivered a new pickup truck to Champagne’s Scene Safety Response Unit (SSRU).

    The new truck is a 2024 Ford Super Duty F-350 XL pickup, equipped with radios, a 300GMP Honda pump and a 300-gallon tank.

    The 10 volunteers in Champagne’s SSRU have been training for the past year with the Yukon Fire Marshal’s Office and neighbouring fire departments to support fire safety in their community.

    The Government of Yukon and the Yukon Fire Marshal’s Office will continue encouraging community-based, community-driven and community-supported volunteer fire services by providing appropriate equipment, training and administrative support across the territory. 

    A second SSRU truck is in Whitehorse being fitted with radio and water tank before heading to another volunteer fire service in the next month. Additionally, work is underway for the Yukon government to procure a new fire rescue truck in 2025.

    To learn more about volunteering for their local fire service, people can contact the Fire Marshal’s Office by emailing cs.fmo@yukon.ca or phoning 867-456-6517.
     

    MIL OSI Canada News

  • MIL-OSI Canada: Funding and investment for Yukon RCMP in Budget 2025–26

    Funding and investment for Yukon RCMP in Budget 2025–26
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    The Government of Yukon is committed to building safer communities by strengthening RCMP capacity and ensuring RCMP officers have the resources they need to respond effectively across the territory. In Budget 2025-26, the Yukon government is increasing RCMP funding by $5.2 million – subject to legislative approval – bringing the total investment in the RCMP for the upcoming fiscal year to $47 million.

    Through Budget 2025–26, the Department of Justice is seeking approval from the Legislative Assembly to invest strategically in ways that enable relationship building with partners to foster safer communities, to support culturally relevant services and to encourage innovation. 

    If approved, new funding in 2025-26 will be used to build police capacity, support RCMP members, modernize equipment and upgrade detachments.

    • Building police capacity – $1.82 million will fund the creation of nine new positions – eight RCMP officers and one public service worker – which will improve policing capacity across the territory. This includes:
      o    New officers for specialized teams, including the Emergency Response Team, strengthening responses to high-risk incidents.
      o    Permanent funding for two officer positions with Car 867, ensuring a continued mental health-focused response to people in crisis, following the success of the two-year pilot program.
      o    The Yukon has the third highest police per capita ratio in Canada, with a police strength of 325 officers per 100,000 population.
    • An additional $354,000 has been allocated to continue to fund two RCMP resources for the Whitehorse Detachment to support community safety initiatives in the Downtown core. 
    • Supporting RCMP members – $1.51 million is allocated for RCMP pay raises per the second round of RCMP collective bargaining, with an additional $483,000 earmarked for the third round of collective bargaining. The Government of Yukon recognizes the importance of the collective bargaining process and ensuring that the hardworking members of the RCMP receive pay that reflects the increasing demands of their jobs.
    • Modernizing equipment for safer policing and public accountability – $1.39 million is allocated to invest in critical tools such as body armor, boat replacements, and the introduction of new body-worn cameras to improve officer and public safety, while enhancing accountability.
    • Improving RCMP infrastructure – In addition to the operations and maintenance budget, $3.15 million in capital funding is dedicated to upgrading and maintaining detachments across the territory. Planned projects include renovations to the Old Crow detachment, and the assessment of the Haines Junction detachment for potential future upgrades.

    The Government of Yukon will continue to prioritize investments in public safety to protect Yukoners and our economy.
     

    MIL OSI Canada News

  • MIL-OSI Canada: Statement from Premier Pillai on Ash Wednesday and the beginning of Lent

    Statement from Premier Pillai on Ash Wednesday and the beginning of Lent
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    Premier Ranj Pillai has issued the following statement:

    “Today, we join people of Christian faith in the Yukon and around the world to observe Shrove Tuesday and Ash Wednesday, marking the beginning of preparation for Lent – the 40-day journey of prayer, penance and spiritual renewal leading up to Easter.

    “On Ash Wednesday, Christians attending Mass receive ashes on their foreheads, accompanied by the words, “remember that you are dust, and to dust you shall return”. This ancient ritual serves as a powerful reminder of human mortality and the need for humility, repentance and spiritual reflection during the Lenten season.

    “With the beginning of Lent, we extend our best wishes to all those observing this significant time of prayer, fasting and spiritual preparation. May this Lenten season bring peace, hope and unity to all and may it inspire us to foster a more compassionate and inclusive society.”

    MIL OSI Canada News

  • MIL-OSI Canada: Government of Yukon increases electricity rebates with new Winter Electrical Affordability Rebate

    Government of Yukon increases electricity rebates with new Winter Electrical Affordability Rebate
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    Subject to legislative approval, the Government of Yukon is putting more money back in Yukoners’ pockets by introducing a new, increased rebate on residential electricity bills.

    Starting in October 2025, residential electricity consumers will see the new Winter Electrical Affordability Rebate automatically applied to their bills, replacing the Interim Electrical Rebate. The new rebate will increase to 3.377 cents per kilowatt hour, to a maximum of $33.77 per month, from October to March.

    On average, residential electricity customers have received a discount of approximately $178 per year through the current Interim Electrical Rebate. The new Winter Electrical Affordability Rebate will see Yukon residential ratepayers receive a discount of up to nearly $203 per year.

    This new rebate will be applied automatically to customers’ electricity bills from October to March, when electricity bills are highest.

    Budget 2025–26 allocates $3.85 million to the Winter Electricity Affordability Rebate, a $350,000 increase to the amount allocated to the Interim Electrical Rebate in Budget 2024–25.

    If approved by the Yukon Legislative Assembly, this will be the first budget increase for the electrical rebate since it was established in 2009.
     

    MIL OSI Canada News

  • MIL-OSI Canada: Government of Yukon celebrates the 10th anniversary of ‘Chante-la ta chanson’

    Government of Yukon celebrates the 10th anniversary of ‘Chante-la ta chanson’

    Since 2015, French programs have been inviting students from schools across the Yukon to come together and share their voices for the annual “Chante-la ta chanson” concert.

    Held at the Kwanlin Dün Cultural Centre, this year’s concert brought together elementary students from Core French, Intensive French and French Immersion and French First Language programs in Whitehorse and Dawson.

    The participating schools included the following.

    • Yukon Education: Golden Horn School, Selkirk Elementary School, École Whitehorse Elementary School, Christ the King Elementary School, Robert Service School.
    • First Nation School Board: Takhini Elementary School.
    • Commission scolaire francophone du Yukon: École Émilie-Tremblay, Programme Confluence.

    Each participating school performed a French song selected by their classes, showcasing their unique talents. To close the event, all the schools united with the energetic French Programs mascot to perform a special song, inviting the audience to sing along in a heartfelt finale.

    MIL OSI Canada News

  • MIL-OSI Security: Plymouth — Missing youth: Help the RCMP find Sidney (Sadie) MacIntosh

    Source: Royal Canadian Mounted Police

    Pictou County District RCMP is asking for the public’s assistance in locating 15-year-old Sadie Willow MacIntosh who was last seen March 3 on MacBeth Rd. in Plymouth.

    MacIntosh is described as 5-foot-0 and 127 lbs. She has red and black shoulder-length hair and blue eyes. She was last seen wearing a hooded sweatshirt, red and white pyjama pants and a blue backpack.

    When someone goes missing, it has deep and far-reaching impacts for the person and those who know them. We ask that people spread the word through social media respectfully.

    Anyone with information on the whereabouts of Sidney (Sadie) Willow MacIntosh is asked to contact the Pictou County District RCMP at 902-485-4333. To remain anonymous, call Nova Scotia Crime Stoppers, toll-free, at 1-800-222-TIPS (8477), submit a secure web tip at www.crimestoppers.ns.ca, or use the P3 Tips app.

    File #2025-283746

    MIL Security OSI

  • MIL-OSI Canada: Prime Minister Justin Trudeau speaks with premiers to discuss a Team Canada response to unjustified U.S. tariffs against Canada

    Source: Government of Canada – Prime Minister

    Today, Prime Minister Justin Trudeau convened a virtual meeting with Canada’s premiers to discuss the United States’ unjustified tariffs against Canada. The Prime Minister was joined by the Minister of Finance and Intergovernmental Affairs, Dominic LeBlanc, Canada’s Ambassador to the United States, Kirsten Hillman, and Canada’s Fentanyl Czar, Kevin Brosseau.

    The Prime Minister and the premiers denounced the U.S.’ decision to impose unjustified tariffs and committed to stand united against this economic threat. They noted that mutually beneficial trade between Canada and the U.S. has underpinned the world’s closest economic partnership for decades. They underscored that tariffs would weaken both of our countries, put thousands of good paying jobs at risk, and make life less affordable for both Canadians and Americans alike.

    The Prime Minister and the premiers discussed Canada’s robust response to the imposition of tariffs by the U.S., which includes moving forward with 25 per cent tariffs on $155 billion worth of imported goods, beginning immediately with a list of goods worth $30 billion. The scope of the Canadian counter tariffs will be increased to $155 billion if the current U.S. tariffs are maintained, and could also be increased if new tariffs are imposed.

    The Prime Minister emphasized that Canada’s response is designed to minimize negative impacts on Canadians and the economy, while also recognizing that U.S. tariffs will inevitably cause some economic hardship. Minister LeBlanc stated the federal government will soon announce an initial package of supports to mitigate the impact of U.S. tariffs on Canadian workers, families, and businesses. First Ministers also discussed progress to reduce barriers to internal trade and labour mobility within Canada.

    The Prime Minister and the premiers thanked Canadians for their resilience and solidarity in the face of this threat. They noted their response to these challenging times has proven to the world that Canada will always be strong, free, proud, and united. First Ministers agreed to continue working together to defend Canada’s economy and sovereignty in the weeks and months ahead.

    Associated Links

    MIL OSI Canada News

  • MIL-OSI USA: Cortez Masto Statement on President Trump’s Efforts to Raise Prices on American Families  

    US Senate News:

    Source: United States Senator for Nevada Cortez Masto
    Washington, D.C. – U.S. Senator Catherine Cortez Masto (D-Nev.) released the following statement after President Donald Trump implemented 25 percent across-the-board tariffs on products from Mexico and Canada. This tax on American families could cost households hundreds of dollars a year. Nevadans buy over $3 billion in goods from Mexico and Canada annually.
    “President Trump says he is standing up for American families and workers, but these tariffs on our allies will raise prices and cost the U.S. as many as 400,000 blue-collar jobs. Make no mistake, President Trump’s actions are going to jack up the cost of groceries, medicine, and new cars, and could make buying a new home more than $20,000 more expensive, all to pay for tax cuts for his wealthy friends. So much for lowering costs on day one. The American people deserve better.”

    MIL OSI USA News

  • MIL-OSI: Brookfield Wealth Solutions announces Group Capital position of over $16 Billion

    Source: GlobeNewswire (MIL-OSI)

    Group capital triples over two-year period

    Financial strength underpins A ratings across life and annuity companies

    BROOKFIELD, NEWS, March 04, 2025 (GLOBE NEWSWIRE) — Brookfield Wealth Solutions (NYSE, TSX: BNT) today announced its year-end 2024 capital position with over $16 billion of group capital across its regulated insurance subsidiaries and holding companies. This strong capital position underpins the A financial strength ratings assigned to Brookfield Wealth Solutions’ life and annuity companies, and the investment grade ratings for its life and annuity holding company.

    Brookfield Wealth Solutions’ group capital has tripled from $5.7 billion in 2022 to an estimated $16.1 billion in 2024 through a combination of retained earnings and capital contributions from Brookfield Corporation. 

    Sachin Shah, CEO, Brookfield Wealth Solutions, said: “With over 5,000 people dedicated every day to serving the needs of policyholders and retirees, we’ve been able to build a world-class wealth business that provides individuals with safe and secure retirement income. This past year has culminated in record levels of group and entity-level capital. This February we participated in the first group Supervisory College, where we had the opportunity to share details of our assets, reserves and capital position with our insurance regulators from eight jurisdictions. With our upcoming entrance into the UK insurance market, we look forward to continued prudent growth and an expanded Supervisory College in 2025.”

    Summary of Group Capital            
    in USD, billions            
                 
    Group / Entity   12/31/2022   12/31/2023   12/31/2024
    Insurance Subsidiaries1   5.1   7.5   13.5
    Group Holding Companies   0.7   1.5   2.6
    Total Brookfield Wealth Solutions   5.7   9.0   16.1
    1. Calculated on an aggregate basis in accordance with applicable insurance regulations.
     

    About Brookfield Wealth Solutions

    Brookfield Wealth Solutions Ltd. (NYSE, TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Each class A exchangeable limited voting share of Brookfield Wealth Solutions is exchangeable on a one-for-one basis with a class A limited voting share of Brookfield Corporation (NYSE, TSX: BN). For more information, visit bnt.brookfield.com or contact:

    Media:  Investor Relations:
    Kerrie McHugh Rachel Schneider
    Tel: (212) 618-3469 Tel: (416) 369-3358
    Email: kerrie.mchugh@brookfield.com Email: Rachel.schneider@brookfield.com
       

    Non-GAAP and Performance Measures

    We make reference to Brookfield Wealth Solutions’ group capital in this news release, which is calculated on an aggregate basis in accordance with applicable insurance regulations and is not derived from generally accepted accounting principles in the United States of America (“U.S. GAAP”). These references should not be considered in isolation from, or as a substitute for, financial measures calculated in accordance with U.S. GAAP. We caution readers that these non-GAAP financial measures or other financial metrics are not standardized under U.S. GAAP and may differ from the financial measures or other financial metrics disclosed by other businesses and, as a result, may not be comparable to similar measures presented by other issuers and entities. We provide additional information on key terms and non-GAAP measures in our filings available at bnt.brookfield.com.

    Notice to Readers

    This news release and any related oral statements made by our representatives may contain “forward-looking information” within the meaning of Canadian provincial securities laws, “forward-looking statements” within the meaning of Canadian provincial securities laws, “forward-looking statements” within the meaning of the U.S. Securities Act of 1933, the U.S. Securities Exchange Act of 1934, and “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and in any applicable Canadian securities regulations (collectively, “forward-looking statements”). Forward-looking statements include statements that are predictive in nature, depend upon or refer to future results, events or conditions, and include, but are not limited to, statements which reflect management’s current estimates, assumptions and expectations regarding the operations, business, financial condition, expected financial results, performance, prospects, opportunities, priorities, targets, goals, ongoing objectives, strategies, capital management and outlook of Brookfield Wealth Solutions and its subsidiaries, as well as the outlook for international economies for the current fiscal year and subsequent periods.

    In some cases, forward-looking statements can be identified by the use of the words such as “believes,” “thinks,” “expects,” “potential,” “anticipates,” “plans,” “believes,” “estimates,” “seeks,” “intends,” “targets,” “projects,” “foresees,” “forecasts,” or negative versions thereof and other similar expressions, or future or conditional verbs such as “may,” “will,” “should,” “would” and “could.” In particular, the forward-looking statements contained in this news release include statements regarding the growth of our business, the status of regulatory approvals including the anticipated timing thereof, the size of the U.K. pension market and opportunities relating thereto.

    Although we believe that our anticipated future results, performance or achievements expressed or implied by the forward-looking statements and information are based upon reasonable estimates, assumptions and expectations, the reader should not place undue reliance on forward-looking statements and information because they involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, which may cause the actual results, performance or achievements of Brookfield Wealth Solutions or its subsidiaries to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements and information.

    Factors that could cause actual results to differ materially from those contemplated or implied by forward-looking statements include, but are not limited to: (i) investment returns that are lower than target; (ii) the impact or unanticipated impact of general economic, political and market factors in the countries in which we do business; (iii) the behavior of financial markets, including fluctuations in interest and foreign exchange rates; (iv) global equity and capital markets and the availability of equity and debt financing and refinancing within these markets (v) litigation; (vi) changes in tax laws; (vii) ability to collect amounts owed; (viii) catastrophic events, such as earthquakes, hurricanes and epidemics/pandemics; (ix) the possible impact of international conflicts and other developments including terrorist acts and cyberterrorism; (x) the introduction, withdrawal, success and timing of business initiatives and strategies; (xi) the failure of effective disclosure controls and procedures and internal controls over financial reporting and other risks; (xii) health, safety and environmental risks; (xiii) the maintenance of adequate insurance coverage; (xiv) the existence of information barriers between certain businesses within Brookfield’s asset management operations; (xv) risks specific to our business segments; (xvi) factors detailed from time to time in our documents filed with the securities regulators in Canada and the United States; and (xvii) the failure to obtain and/or maintain required regulatory approvals. We caution that the foregoing list of important factors that may affect future results is not exhaustive and other factors could also adversely affect its results. Readers are urged to consider the foregoing risks, as well as other uncertainties, factors and assumptions carefully in evaluating the forward-looking information and are cautioned not to place undue reliance on such forward-looking information. Except as required by law, Brookfield Wealth Solutions undertakes no obligation to publicly update or revise any forward-looking statements or information, whether written or oral, whether as a result of new information, future events or otherwise.

    Past performance is not indicative nor a guarantee of future results. There can be no assurance that comparable results will be achieved in the future, that future investments will be similar to the historic investments discussed herein, that targeted returns, growth objectives, diversification or asset allocations will be met or that an investment strategy or investment objectives will be achieved (because of economic conditions, the availability of investment opportunities or otherwise).

    Readers are urged to consider the foregoing risks, as well as other uncertainties, factors and assumptions carefully in evaluating the forward-looking information and are cautioned not to place undue reliance on such forward-looking information.

    The MIL Network

  • MIL-OSI USA: Welch Statement on President Trump’s Joint Address to Congress

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)
    WASHINGTON, D.C. – U.S. Senator Peter Welch (D-Vt.) released the following statement in advance of President Trump’s Joint Address to Congress this evening: 
    “President Trump’s second term is off to a chaotic and cruel start. The past 43 days have delivered an incredible disruption to Vermont families and communities—the complete opposite of the economic relief and stability people need. We’ve entered a painful trade war sparked entirely by the President’s whims. He’s illegally frozen congressionally-appropriated funds, fired thousands of government workers at the direction of Elon Musk, and is creating a constitutional crisis.
    “I am thankful to be joined tonight by Allison Hope of the Vermont Maple Sugar Makers’ Association. Allison and Vermont’s best-in-the-nation sugar makers know all too well the impact of Trump’s Trade War, which took a dangerous turn today. The maple industry, like so many industries in Vermont, will be hit by the new tariffs on Canada. The President’s tariffs are a reckless tax hike for America’s farmers, businesses and families. The honest and simple truth is that nobody wins a trade war.  
    “I hope to hear tonight about how President Trump plans to lower grocery and health care costs for families, create jobs, and support working families—plans that he forgot to include in his inaugural address. I want to remind my colleagues across the aisle that all of us were elected to serve the best interests of our constituents and not to be enablers of policies that hurt them. Congress has an obligation to act as a check on the executive branch, especially when the president exceeds his constitutional authority. It’s not too late for Republicans in Congress to stand up to Donald Trump, stand up for democracy, and uphold Congress’s role as a separate and equal branch of government.” 

    MIL OSI USA News

  • MIL-OSI Canada: Improving land and property rights services

    Source: Government of Canada regional news (2)

    MIL OSI Canada News

  • MIL-OSI Security: Prominent Los Angeles Tattoo Artist Pleads Guilty to Federal Tax Charge

    Source: Office of United States Attorneys

    LOS ANGELES – A prominent tattoo artist, once identified in the press as “Hollywood’s Go-To Tattoo Artist,” pleaded guilty today to filing false tax returns through which he evaded the payment of more than $641,000 in federal income tax.

    Daniel Joseph Winter, 43, who uses the moniker “winterstone,” pleaded guilty to one count of subscription to a false tax return.

    Winter operated his tattoo business in the Los Angeles area, New York and Vancouver, Canada, specializing in single-needle fine-line tattoos and catering to high-end clients. His tattoos were expensive, and he earned substantial income from his work as a tattoo artist and related endeavors.

    According to his plea agreement, Winter earned at least $1.7 million from his tattoo business from 2021 to 2023. But he declared no wages, salaries or tip income on the tax returns he signed and filed with the IRS. For 2021, he reported taxable income of negative $3,442 instead of his actual taxable income of $501,710; for 2022, he reported taxable income of $1,105 instead of his actual taxable income of $347,159; and for 2023, he reported income of $14,852, instead of his actual taxable income of $850,447.

    By underreporting his actual income in this way, Winter reduced the taxes he appeared to owe by more than $641,000. At today’s hearing, Winter presented a cashier’s check in the amount of $641,959 to the court to pay the taxes he owed due to the underreporting of his income for 2021 through 2023. 

    Winter also admitted in court today that he knew he was required to report all his income but willfully lied about it on his tax returns. He accepted payment for his tattoo services almost exclusively in cash, making it harder for the IRS to determine his true income. 

    United States District Judge Otis D. Wright II scheduled an August 11 sentencing hearing, at which time Winter will face a statutory maximum sentence of three years in federal prison.

    Assistant United States Attorney Ranee Katzenstein of the Criminal Appeals Section is prosecuting this case.

    MIL Security OSI

  • MIL-OSI United Nations: Education for Democracy, Agreement on Conservation of Marine Biological Diversity among Several Resolutions Adopted by General Assembly

    Source: United Nations MIL OSI b

    Poland’s President Warns of Resurgence of ‘Russian Imperialism’, Calls War on Ukraine ‘Beginning of Effort to Violently Destroy International Order’

    The General Assembly, over the course of two meetings today, adopted seven resolutions — some drawing more contention than others — and heard an address by the President of Poland.

    International Day for Judicial Well-being

    First, the General Assembly took up the draft resolution titled “International Day for Judicial Well-being” (document A/79/L.52).  Introducing the text, Lionel Rouwen Aingimea, Minister for Foreign Affairs and Trade of Nauru, stressed that — while the judiciary “serves as a cornerstone of justice” — challenges faced by judicial officers have long been overlooked.

    However, the representative of the United States said that his delegation will request a recorded vote — and vote no — “because this resolution represents the internationalization of the self-care movement and the migration of it into domains where it does not belong”.

    The Assembly then adopted the resolution by a recorded vote of 160 in favour to 1 against (United States), with 3 abstentions (Haiti, Madagascar, Syria).  Through the text, the General Assembly decided to proclaim 25 July of each year the International Day for Judicial Well-being.

    Education for Democracy

    Next, the Assembly considered the draft resolution titled “Education for democracy” (document A/79/L.56).  The representative of Mongolia introduced that text, emphasizing that an inclusive education system empowers individuals and strengthens governance institutions.  The text therefore calls for investments in quality education and lifelong learning, also urging Member States to harness the potential of digital technologies to advance education for democracy, he said.

    The representative of the United States said that his delegation will again call for a recorded vote — and vote no — on this draft “because much of the text violates United States policies”.  Specifically, he said that its discussion of misinformation and disinformation is an “unequivocal red line for the United States”, as these terms are “intentionally nebulous and ill-defined so they can be wielded as tools of censorship”.

    The Assembly then adopted the resolution by a recorded vote of 151 in favour to 1 against (United States), with 8 abstentions (Argentina, Belarus, Fiji, Madagascar, Russian Federation, Samoa, Solomon Islands, Syria).  Through the text, the Assembly strongly encouraged Member States and education authorities to integrate education for democracy — along with civic education and human-rights education, among others — into their education standards.

    After the vote, the representative of the Russian Federation noted that “democracy does not have a universal definition or a single model”.  She also disassociated from the text’s reference to the Office of the United Nations High Commissioner for Human Rights (OHCHR), stating that mention of the Office in a resolution about education is “unjustified” — a point echoed by Nicaragua’s representative.

    Iran’s representative, meanwhile, said that the 2030 Agenda for Sustainable Development and the Education 2030 Incheon Declaration are “absolutely non-legally binding”.  Disassociating from relevant paragraphs, he said that Iran’s national plans and programmes “will be our final source of action and reference”.  Argentina’s representative also disassociated from several paragraphs, stressing that “every State, within its own sovereignty, has the right to participate [in the 2030 Agenda] — or not”.

    UN Regional Centre for the Sustainable Development Goals (SDGs) for Central Asia and Afghanistan

    The Assembly then turned to the draft resolution titled “United Nations Regional Centre for the Sustainable Development Goals for Central Asia and Afghanistan” (document A/79/L.57/Rev.1).  Introducing that text, the representative of Kazakhstan said that the Centre aims to address the specific needs of Central Asian countries, which each possesses unique challenges and opportunities that are shaped by diverse socioeconomic contexts, cultural realities and environmental conditions.

    The representative of the Russian Federation then noted that the countries of Central Asia are “unified by a shared history, similar geographic and social conditions and shared challenges in development”.  Therefore, they must coordinate efforts and find shared regional solutions.  “This, in turn, meets the current trends to regionalize efforts in the area of development,” he noted.

    The Assembly then adopted the text without a vote, through which it decided to formalize the Centre in Almaty, Kazakhstan.  Further, it requested the Secretary-General to appoint its Head and further decided that the costs of all its activities shall be met by voluntary contributions.

    After the vote, several delegates expressed concern over the process by which this text was negotiated.  Switzerland’s representative said that her delegation would have preferred more transparency and inclusivity, while the representative of Türkiye said that the wider membership was not sufficiently consulted during negotiations.  Mexico’s representative expressed hope that “this way of carrying out multilateral negotiations will not be repeated in other processes”.

    Meanwhile, the representative of the United States said that Kazakhstan “needs neither an expanded UN system nor the SDGs in order to prosper — it should instead make sovereign decisions for its people and cast aside the burden of soft global governance”.  For her part, Australia’s representative — also speaking for Canada and New Zealand — welcomed the adoption.

    International Day of Peaceful Coexistence and International Day of Hope

    The Assembly also considered the draft resolution titled “International Day of Peaceful Coexistence” (document A/79/L.53).  Abdulla bin Ahmed Al Khalifa, Minister for Transportation and Telecommunications of Bahrain, introducing that text, said that it reaffirms the role of Member States and other stakeholders in promoting tolerance, respect for religious and cultural diversity and human rights.

    The representative of the United States again said that his delegation will call for a recorded vote on this text — and vote no — expressing concern that the resolution “advances a programme of soft global governance that is inconsistent with US sovereignty”.  He added:  “Simply put, globalist endeavours like Agenda 2030 and the SDGs lost at the ballot box; therefore, the US rejects and denounces the Agenda 2030 for Sustainable Development and the SDGs.”

    He also expressed concern that the resolution’s titular reference to “peaceful coexistence” could be “co-opted to imply the United Nations’ endorsement of China’s ‘Five Principles of Peaceful Coexistence’”.  Speaking in exercise of the right of reply, China’s representative said that such principles are “widely recognized by the international community and contained in many international instruments”.

    Adopting the resolution by a recorded vote of 162 in favour to 3 against (Argentina, Israel, United States), with 2 abstentions (Paraguay, Peru), the Assembly decided to proclaim 28 January as the International Day of Peaceful Coexistence, to be observed annually.

    The Assembly then turned to the draft resolution titled “International Day of Hope” (document A/79/L.54).  Introducing it, Kiribati’s representative said that hope is “a force that has carried humanity through the darkest of times and propelled us towards a future of possibility, resilience and renewal”.  However, he expressed disappointment over the decision by the United States to force a vote.

    On that, the delegate of the United States said that the text “contains references to diversity, equity and inclusion that conflict with US policies that seek to eliminate all forms of discrimination and create equal opportunities for all”.  He added: “In a world that faces many challenges, funding and effort should be allocated to critical causes and crises, rather than International Days.”

    The Assembly then adopted the text by a recorded vote of 161 in favour to 1 against (United States), with 4 abstentions (India, Paraguay, Peru, Türkiye), through which it decided to declare 12 July the International Day of Hope.

    “What we’ve just seen this morning is a clear example of the lack of commitment by the United States to a culture of peace, to the United Nations as a whole and to multilateralism in general,” stressed the representative of Cuba, after the vote.

    Agreement on Conservation and Sustainable Use of Marine Biological Diversity of Areas Beyond National Jurisdiction

    The Assembly also took up the draft resolution titled “Agreement under the United Nations Convention on the law of the Sea on the Conservation and Sustainable Use of Marine Biological Diversity of Areas beyond National Jurisdiction” (document A/79/L.55).  Singapore’s representative, introducing the text, called on States to ratify the agreement. He also made an oral revision to replace “welcome” with “take note of” regarding signatures and ratifications of the agreement to date.

    The Assembly then adopted that text, as orally revised, without a vote.  By its terms, the Assembly called on all States and regional economic integration organizations that have not done so to consider signing, ratifying, approving or accepting the Agreement as soon as possible.

    However, the representative of the Russian Federation disassociated from consensus, stating that mechanisms to establish marine protected areas without appropriate scientific research “run the risk of abuse and unsubstantiated restriction of rights, freedoms and legitimate interests of States on the high seas”.  His counterpart from the United States, meanwhile, said that her country is “currently reviewing its policies and does not take a position on this matter”.

    Eightieth Anniversary of the End of the Second World War

    The Assembly also adopted, without a vote, a text titled “Eightieth anniversary of the end of the Second World War” (document A/79/L.51), which requested the holding of a special meeting of the Assembly to commemorate all victims of the Second World War in the second week of May in 2025 and every five years thereafter.

    The representative of the Russian Federation, introducing that text, said that 2025 marks the eightieth anniversary of the victory over Nazism, fascism and Japanese militarism.  Paying tribute to the millions who were sacrificed for that victory — including 27 million from the Soviet Union — he said that the international community has a shared duty to honour that victory.

    However, Ukraine’s representative underscored that it is the “height of cynicism” for a State engaged in an unprovoked war of aggression to attempt to unite nations around the memory of the Second World War.  She added:  “Despite the high price paid for peace, the promise of ‘never again’ remains unfulfilled — today, Europe is witnessing the most brutal war since Hitler.”

    The representative of the United Kingdom, similarly, pointed to the “fundamental irony of Russia summoning us here today”, having presented a resolution “to mark the end of one war in Europe having started another”.  Lithuania’s representative added:  “Today, Russia instrumentalizes the memory of the Second World War to justify its own crimes, both past and present.”  Poland’s representative, also speaking for a group of 34 other European States, spotlighted the Russian Federation’s “cynicism of using ‘de-Nazification’ to justify its illegal aggression and occupation of part of an independent UN Member State”.

    “We have to say this — the sponsor of this resolution simply does not live by the words of the UN Charter,” stressed the representative of Canada, also speaking for Australia and New Zealand.  “Russia’s aggression — and we must name it precisely — and its bid to expand its territory at the expense of the sovereignty and territorial integrity of other States is incompatible with the purposes and principles of the Charter,” he said.

    For his part, the representative of the United States said that the “Russia-Ukraine war has waged on for far too long”, urging that the “UN be guided by its original purpose and unite to end the bloodshed”.  All Member States should recommit themselves to the “old vision of peace that propelled us out of the devastation and despair of World War II”, he added.  Israel’s representative said:  “It is our responsibility not only to remember but to ensure that future generations carry this memory forward to prevent history from repeating itself.”

    Speaking in exercise of the right of reply, the delegate of the Russian Federation expressed concern about the politicized statements delivered by the delegates of Poland, Ukraine, Lithuania and the United Kingdom.  It is the actions of European States, she said, that are hampering the settlement of the Ukraine conflict.

    Appointments to Joint Inspection Unit

    In other business, the Assembly decided, without a vote, to appoint Makiese Kinkela Augusto (Angola), Victor Moraru (Republic of Moldova), Jesús Miranda Hita (Spain) and Marcel Jullier (Switzerland) to the Joint Inspection Unit of the United Nations system, for a five-year term beginning 1 January 2026 and expiring on 31 December 2030.

    Address by President of Poland

    The General Assembly also heard an address by Andrzej Duda, President of Poland.  Noting that recent years have demonstrated how fragile peace and security are, he spotlighted the resurgence of “Russian imperialism”.  The 2014 attack on Ukraine marked “just the beginning of an effort to violently destroy the international order”, he said.

    Detailing Poland’s security cooperation, he pointed to the United States missile base in Redzikowo — an example of the “American security umbrella over Europe” — as well as recent talks with United States President Donald J. Trump.  Poland is also active in collective security systems and UN peacekeeping missions, and he also highlighted the Three Seas Initiative, which aims to improve connectivity among 13 countries across Central and Eastern Europe.

    “Poland has never imposed its views on anyone” or colonized another country, he went on to say.  Recalling his country’s long history, he invoked the construction of a powerful seventeenth-century State, gradual partitions, loss of independence, a 123-year-long independence struggle, the achievement of independence in 1918 and the destruction of that independence “by the two totalitarian regimes of the twentieth century:  Russian communism and German Nazism”.

    In the last 30 years of Poland’s history — after it broke free from the Russian Federation’s sphere of influence — it transformed from a backward, poor country with high unemployment into a highly developed State and the twenty-first largest economy in the world, he pointed out.  “Only peace can provide optimal conditions for development,” he said, adding that it is necessary to defend peace with real force.

    The representative of the Russian Federation, taking the floor under a point of order after the address, said that his delegation “had doubts” regarding the expediency of conducting today’s meeting.  “The President of Poland spent a lot of time on debating our country,” he said, adding that — although the Council adopted a text calling for peace between the Russian Federation and Ukraine — one of Poland’s leaders “talked about the logic of military focus” and providing support to Ukraine.

    MIL OSI United Nations News

  • MIL-OSI Security: Canadian Drug Traffickers Sentenced to Prison for Transporting Methamphetamine and Cocaine on Behalf of the Wolfpack Alliance

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (c)

    Matthew Podolsky, the Acting United States Attorney for the Southern District of New York, announced today that MICHAEL HABIB, an associate of the Canadian criminal organization known as the Wolfpack Alliance, was sentenced to 17 and a half years in prison for trafficking narcotics. HABIB pled guilty on December 20, 2023, before U.S. District Judge John P. Cronan, who imposed today’s sentence.  HABIB’s sentencing follows the imposition of sentences of 18 years, 17 and a half years, and four and half years on his co-defendants, SURINDER SINGH CHEEMA, BHUPINDER SINGH VIRK, and CHRISTOPHER BURGOS, on December 19, 2024, July 17, 2024, and December 16, 2024, respectively.

    Acting U.S. Attorney Matthew Podolsky said: “Wolfpack and its associates have spread drugs and violence in the United States and in Canada. Michael Habib and his co-conspirators are responsible for transporting thousands of kilograms of cocaine and methamphetamine across our northern border, ordering drug-related shootings and kidnappings, and attempting to smuggle wanted international hitmen into the United States from Canada.  Today’s prison sentence will help protect the public from wanton violence and dangerous narcotics, and demonstrates our resolve to root out transnational criminal organizations like Wolfpack.”

    FBI Assistant Director in Charge James E. Dennehy said: “The associates of the Wolfpack Alliance have all been rightly sentenced for establishing an international drug trafficking route to assist the flow of thousands of kilograms of methamphetamine and cocaine through our country into Canada. This conspiracy caused significant amounts of dangerous drugs to enter the United States, endangering the public’s safety. The FBI will continue to dismantle and hold accountable any criminal enterprise member, regardless of their origin, which utilizes our nation as an economic foothold and throughfare for their illegal operations.”

    According to the Indictment, public filings, and statements made in court proceedings:

    From at least in or about February 2022 through at least in or about November 2022HABIB, CHEEMA, VIRK, BURGOS and others conspired to distribute narcotics by shipping thousands of kilograms of methamphetamine and cocaine across the U.S. and into Canada. In or about March 2022, law enforcement seized approximately 400 kilograms of cocaine shipped by the conspirators from a warehouse in New Jersey, and approximately 96 kilograms of cocaine and 86 kilograms of methamphetamine in the vicinity of Kansas City, Kansas. In connection with their guilty pleas, HABIB admitted to conspiring to distribute at least approximately 400 kilograms of cocaine; CHEEMA admitted to conspiring to distribute at least approximately 1.3 metric tons of methamphetamine and 764 kilograms of cocaine; VIRK admitted to conspiring to distribute at least approximately 1.1 metric tons of methamphetamine and 480 kilograms of cocaine; and BURGOS admitted to conspiring to distribute at least approximately 400 kilograms of cocaine.

    The defendants engaged in additional criminal activities. HABIB and BURGOS, on behalf of the Wolfpack Alliance, assisted two Wolfpack-aligned hitmen, Gene Lahrkamp and Duncan Bailey, in their attempt to escape Canada and evade Canadian law enforcement, until Lahrkamp and Bailey were killed in an accidental plane crash in Canada on or about April 30, 2022. CHEEMA, in or about the spring of 2024, subsequent to his guilty plea and while awaiting sentencing at the Metropolitan Detention Center in Brooklyn, New York, directed his confederates in the greater Toronto, Canada area to conduct shootings and issue threats of violence in connection with drug debts. VIRK was arrested in or about November 2022 in California with three unregistered “ghost” guns and approximately $487,900 in cash.

    *               *                *

    In addition to their prison terms, HABIB, 38, of Toronto, Canada; CHEEMA, 31, of Brampton, Canada; VIRK, 31, of Fresno, California; and BURGOS, 36, of Brooklyn, New York, were sentenced to five, four, four, and three years of supervised release, respectively, and were ordered to forfeit $487,900 and a 2020 Mercedes Benz AMG GT63.

    Mr. Podolsky praised the outstanding investigative work of the FBI and U.S. Customs and Border Protection. Mr. Podolsky further thanked the Royal Canadian Mounted Police and Peel Ontario Regional Police for their assistance and cooperation in the investigation.

    This prosecution is part of an Organized Crime Drug Enforcement Task Force (“OCDETF”) operation. OCDETF identifies, disrupts, and dismantles criminal organizations using a prosecutor-led, intelligence-driven, multi-agency approach. Additional information about the OCDETF Program can be found at https://www.justice.gov/OCDETF.

    This case is being handled by the Office’s Narcotics Unit. Assistant U.S. Attorneys Thomas S. Burnett, Jane Y. Chong, and Matthew R. Shahabian are in charge of the prosecution. 

    MIL Security OSI

  • MIL-OSI: Andrew Cardno to Highlight AI-Powered Energy Efficiency at Indian Gaming Association Trade Show

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, March 04, 2025 (GLOBE NEWSWIRE) — Quick Custom Intelligence (QCI) is pleased to announce that Andrew Cardno, Chief Technology Officer (CTO) of QCI, will deliver a highly anticipated presentation at the Indian Gaming Association Trade Show in San Diego. Cardno’s session, titled “Optimizing Efficiency: The Power of AI-Driven Analytics,” will take place on Wednesday, April 2nd, 2025, at 2:00 PM. The Indian Gaming Association Trade Show runs from March 31st to April 3rd, 2025.

    In his talk, Cardno will explore how AI-powered analytics is revolutionizing energy efficiency by optimizing resource allocation, predicting demand, and reducing waste. By leveraging machine learning and real-time data, tribal governments and enterprises can enhance energy management, improve grid reliability, and reduce operational costs. This session will delve into how AI-driven insights are transforming energy strategies—helping tribes maximize sustainability while ensuring long-term economic and environmental benefits in a rapidly evolving energy landscape.

    “Tribal governments and businesses stand at the forefront of a major shift in how we utilize technology to drive sustainable growth,” said Andrew Cardno, CTO of QCI. “AI-driven analytics give us the power to make informed decisions that not only cut costs but also create a positive environmental impact. I look forward to sharing insights on how this exciting technology can help tribes build a resilient, efficient future.”

    Victor Rocha, Conference Chair for the Indian Gaming Association, emphasized the importance of this conversation in the current climate of rapid technological advancement.

    “We’re excited to welcome Andrew Cardno to the Indian Gaming Association Trade Show,” said Rocha. “Our mission is to empower tribal leaders with cutting-edge solutions, and AI-driven analytics is a game-changer in energy management and sustainability. We believe this discussion will spark innovative strategies for tribal communities nationwide.”

    The Indian Gaming Association Trade Show is recognized as one of the premier events for tribal gaming, attracting thought leaders, innovators, and decision-makers from across the industry. Attendees will have the opportunity to learn about the latest advancements in technology and network with industry experts who are shaping the future of tribal enterprises.

    For more information on Andrew Cardno’s session or to register for the Indian Gaming Association Trade Show, visit www.indiangaming.org

    ABOUT The 2025 Indian Gaming Tradeshow and Convention
    As the premier events for the tribal gaming community, the Indian Gaming Tradeshow & Convention and Mid-Year Conference & Expo deliver the insight and strategies you need to rise to the top of the competitive gaming industry landscape. There’s no better opportunity to meet industry leaders, access cutting-edge trends and celebrate a proud tradition of success. For more information visit: www.indiangamingtradeshow.com.

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

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

    ABOUT Victor Rocha
    Victor Rocha holds the distinguished position of Conference Chairman for the Indian Gaming Association, while also leading Victor-Strategies as its president. As the owner and publisher of Pechanga.net, he has been deeply engaged in the political landscape of U.S. tribal gaming since 1998. Rocha’s outstanding contributions to the industry have been recognized through numerous accolades, such as AGEM’s 2023 Peter Mead Memorial Award Honoring Excellence in Gaming Media & Communication, the National Center for American Indian Enterprise Development’s 2015 Tribal Gaming Visionary Award, the American Gaming Association’s 2013 Lifetime Achievement Award for Gaming Communications, Raving’s 2012 Casino Marketing Lifetime Achievement Award, the National Indian Gaming Association’s 2002 Outstanding Contribution to Indian Country, VCAT’s 2001 Catalyst Award, and Global Gaming Business Magazine’s 2000 “40 Under 40” list.

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

    The MIL Network

  • MIL-OSI: Hampton Financial Corporation Announces Results of Annual Meeting of Shareholders

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, March 04, 2025 (GLOBE NEWSWIRE) — Hampton Financial Corporation (“Hampton” or the “Company”) (TSXV: HFC) is pleased to announce the results from the Company’s Annual Meeting of Shareholders held February 28, 2025. All matters put forth in the management information circular dated January 30, 2025 were passed, including the election of the six (6) nominees for election as director, each of whom was an incumbent director of the Company, identified in the management information circular.

    About Hampton Financial Corporation

    Hampton is a unique private equity firm that seeks to build shareholder value through long-term strategic investments. Through its wholly-owned subsidiary, Hampton Securities Limited (“HSL”), Hampton is actively engaged in family office, wealth management, institutional services and capital markets activities. HSL is a full-service investment dealer, regulated by CIRO and registered in Alberta, British Columbia, Manitoba, Saskatchewan, Nova Scotia, Northwest Territories, Ontario, and Quebec. In addition, the Company, through HSL, provides investment banking services, which include assisting companies with raising capital, advising on mergers and acquisitions, and aiding issuers in obtaining a listing on recognized securities exchanges in Canada and abroad and HSL’s Corporate Finance Group provides early stage, growing companies the capital, they need to create value for investors. HSL continues to develop its Wealth Management, Advisory Team and Principal-Agent programs which offers to the industry’s most experienced wealth managers a unique and flexible operating platform that provides additional freedom, financial support, and tax effectiveness as they build and manage their professional practice. Through its wholly-owned subsidiary, Oxygen Working Capital (“OWC”) the company offers factoring and other commercial financing services to clients across Canada. The Company is exploring opportunities to diversify its sources of revenue by way of strategic investments in both complimentary business and non-core sectors that can leverage the expertise of its Board and the diverse experience of its management team.

    For more information, please contact:

    Olga Juravlev
    Chief Financial Officer
    Hampton Financial Corporation
    (416) 862-8701

    or

    Peter M. Deeb
    Executive Chairman & CEO
    Hampton Financial Corporation
    (416) 862-8651

    The TSXV has in no way approved nor disapproved the contents of this press release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.

    The MIL Network

  • MIL-OSI Security: Mexican Citizen Sentenced in Alien Smuggling Conspiracy

    Source: Office of United States Attorneys

    PLATTSBURGH, NEW YORK – Francisco Montalvo-Grenada, age 26, and a citizen of Mexico, was sentenced today to 36 months in prison for his role in an alien smuggling conspiracy.

    Acting United States Attorney Daniel Hanlon and Chief Patrol Agent Robert N. Garcia of United States Border Patrol, Swanton Sector, made the announcement.

    As part of his prior guilty plea, Montalvo-Grenada admitted that on May 15, 2023, he traveled from North Carolina to Northern New York, along with four co-conspirators, and smuggled 16 citizens of Mexico who had illegally entered the United States from Canada.  Following Montalvo-Grenada’s sentence, he faces deportation to Mexico by Immigration and Customs Enforcement Officers. 

    The United States Border Patrol investigated the case and Assistant U.S. Attorney Jeffrey Stitt prosecuted this case.

    MIL Security OSI

  • MIL-OSI Global: A potential $110B economic hit: How Trump’s tariffs could mean rising costs for families, strain for states

    Source: The Conversation – USA – By Bedassa Tadesse, Professor of Economics, University of Minnesota Duluth

    A worker at a steel company in Monterrey, Nuevo Leon, Mexico, on Feb. 11, 2025. Julio Cesar Aguilar/AFP via Getty Images

    Get ready to pay more for avocados, maple syrup and – well – almost everything.

    The U.S. officially imposed new 25% tariffs on Canada and Mexico on March 4, 2025, following through on a long-delayed pledge from President Donald Trump. American consumers and businesses are now bracing for higher costs and potential supply disruptions.

    Although tariffs, or taxes on imports, are a pillar of Trump’s economic policy, the move still surprised many observers, since Mexico and Canada are among the U.S.’s traditional allies and top trading partners. The administration further rattled global supply chains by doubling existing tariffs on Chinese goods to 20%.

    As an economist who studies global trade, I wanted to know how the 25% import duties on Canada and Mexico would affect different parts of the country. So I conducted a state-by-state impact analysis.

    What I found is alarming: The U.S. economy could face an annual loss of US$109.23 billion. This shortfall would mean rising costs of everyday goods for American families and would disproportionately affect certain states. My analysis focused exclusively on the effects of U.S. tariffs, so it didn’t take retaliation from Canada or Mexico into account. If it did, the losses would be even greater.

    Unequal burdens for states, higher prices for families

    Imagine your grocery bill surging by 17.5% to 25%, car parts costing hundreds of dollars more, and your favorite local restaurant raising prices as imported ingredients become unaffordable. Because tariffs drive up consumer prices, these scenarios, or others like them, will soon become reality across the U.S.

    But not all Americans will be affected equally, I found. States that are deeply connected to North American supply chains will suffer the biggest economic blows. Texas, with its strong trade ties to Mexico and key role in energy, would lose $15.3 billion. California’s diverse economy would take a $10.2 billion hit. Michigan, heavily reliant on auto manufacturing, would face a $6.2 billion blow – over 1% of its gross domestic product.

    The biggest losers from the policy on a per-capita basis would be smaller, trade-dependent states that lack the flexibility to absorb such a shock. New Mexico, Kentucky and Indiana would be among the hardest hit, with projected GDP losses ranging from 1.12% to 1.48%. These states rely heavily on manufacturing and specialized industries, making them particularly vulnerable to rising costs and supply chain disruptions.

    Take New Mexico. While it may not experience the largest total economic loss, it would bear the highest per-person burden. That $1.73 billion hit to its economy would translate to $822 for every resident – a devastating blow in a state where incomes are already below the national average.

    Indeed, the likely effects of tariffs will be felt especially hard by American families. For example, a family of four in New Mexico would see an estimated $3,288 additional annual costs, equivalent to three months of grocery bills or an entire year’s utility expenses. Families in Kentucky and Indiana would also bear heavy financial burdens, paying an extra $3,120 and $2,836, respectively. Even in wealthier states such as Texas, the added annual costs would reach over $2,000 per household.

    For middle- and lower-income families, these aren’t trivial costs. They represent difficult trade-offs, forcing households to cut back on essentials, delay major purchases or dip into savings to make ends meet.

    A truck crosses the Ambassador Bridge, a border crossing between Windsor, Ontario, Canada, and Detroit, Mich., on March 1, 2025.
    Geoff Robins/AFP via Getty Images

    Where industry will face a tough hit

    Perhaps no industry would suffer more than the auto sector, particularly in states such as Michigan, Indiana and Kentucky. These regions rely on a highly integrated North American supply chain, where components cross borders multiple times before a final product reaches consumers. Tariffs would disrupt this delicate balance, leading to price increases, reduced production and job losses.

    My conservative estimate shows that such disruptions could cost the industry approximately $28.2 billion, putting around 680,000 jobs at risk across manufacturing, parts production and sales operations. And the ripple effects would extend beyond automakers to suppliers, dealerships and local economies.

    But the pain wouldn’t stop there. Manufacturing, which plays a critical role in 17 of the top 20 states most affected by tariffs, would also face rising costs and shrinking profit margins. The agricultural sector – vital in at least 10 states – would endure higher input costs and potential retaliatory tariffs from Mexico and Canada. Past trade disputes have shown that American farmers often bear the brunt of such policies, with lost export markets and declining revenues.

    During the U.S.-China trade war of 2018-2019, for example, American farmers suffered over $27 billion in losses, with soybean exports dropping by 71% and states such as Iowa, Illinois and Kansas losing billions in GDP. The federal government paid affected farmers more than $23 billion to offset these losses. Similar – and possibly worse – challenges loom now.

    Retaliation from Mexico and Canada could deal a heavy blow to agricultural exports – including corn, beef and dairy – that anchor local economies, especially in Iowa, Nebraska and Wisconsin. Both countries have threatened countermeasures targeting key U.S. exports, raising concerns among farmers and agribusinesses. Retaliatory tariffs could shrink profit margins, further disrupt supply chains, and create uncertainty for producers relying on these markets.

    Looking at the bigger picture

    The new Trump tariff regime represents a fundamental shift in how the U.S. engages with its closest economic partners. While ostensibly meant to strengthen American industry, the tariffs on offer have serious side effects that will likely cause widespread disruptions for businesses, consumers and entire state economies.

    Trade isn’t just about numbers on a spreadsheet. It’s about real people, real businesses and the intricate economic fabric that connects the nation. Changes to this system can come at a high price. Safeguarding American jobs and ensuring economic stability entails recognizing the realities of global trade and considering the trade-offs of instituting new policies.

    While tariffs are one method of disrupting the status quo, they are far from the only way. Indeed, reform is also possible through targeted policies – including negotiated trade agreements, investment incentives and workforce development programs – that address trade concerns without altering deeply integrated supply chains.

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

    ref. A potential $110B economic hit: How Trump’s tariffs could mean rising costs for families, strain for states – https://theconversation.com/a-potential-110b-economic-hit-how-trumps-tariffs-could-mean-rising-costs-for-families-strain-for-states-251028

    MIL OSI – Global Reports

  • MIL-OSI: Diversified Royalty Corp. Announces March 2025 Cash Dividend and Q4 2024 Earning Release Date

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, March 04, 2025 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.02083 per common share for the period of March 1, 2025 to March 31, 2025, which is equal to $0.25 per common share on an annualized basis. The dividend will be paid on March 31, 2025 to shareholders of record as of the close of business on March 14, 2025.

    Q4 2024 Earnings Release Date

    DIV will release earnings results for the three months and year ended December 31, 2024 following the closing of regular trading on the Toronto Stock Exchange on March 24, 2025.

    About Diversified Royalty Corp.

    DIV is a multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America. DIV’s objective is to acquire predictable, growing royalty streams from a diverse group of multi-location businesses and franchisors.

    DIV currently owns the Mr. Lube + Tires, AIR MILES®, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions and BarBurrito trademarks. Mr. Lube + Tires is the leading quick lube service business in Canada, with locations across Canada. AIR MILES® is Canada’s largest coalition loyalty program. Sutton is among the leading residential real estate brokerage franchisor businesses in Canada. Mr. Mikes operates casual steakhouse restaurants primarily in western Canadian communities. Nurse Next Door is a home care provider with locations across Canada and the United States as well as in Australia. Oxford Learning Centres is one of Canada’s leading franchisee supplemental education services. Stratus Building Solutions is a leading commercial cleaning service franchise company providing comprehensive janitorial, building cleaning, and office cleaning services primarily in the United States. BarBurrito is the largest quick service Mexican restaurant food chain in Canada.

    DIV’s objective is to increase cash flow per share by making accretive royalty purchases and through the growth of purchased royalties. DIV intends to continue to pay a predictable and stable monthly dividend to shareholders and increase the dividend over time, in each case as cash flow per share allows.

    Forward Looking Statements

    Certain statements contained in this news release may constitute “forward-looking information” within the meaning of applicable securities laws that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “intend”, “may”, “will”, ”project”, “should”, “believe”, “confident”, “plan” and “intends” and similar expressions are intended to identify forward-looking information, although not all forward-looking information contains these identifying words. Specifically, forward-looking information in this news release includes, but is not limited to, statements made in relation to: the amount and timing of the March 2025 dividend to be paid to DIV’s shareholders; DIV’s objective to continue to pay predictable and stable monthly dividends to shareholders; and DIV’s corporate objectives. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events, performance, or achievements of DIV to differ materially from those anticipated or implied by such forward-looking information. DIV believes that the expectations reflected in the forward-looking information included in this news release are reasonable but no assurance can be given that these expectations will prove to be correct. In particular there can be no assurance that: DIV will be able to make monthly dividend payments to the holders of its common shares; or DIV will achieve any of its corporate objectives. Given these uncertainties, readers are cautioned that forward-looking information included in this news release are not guarantees of future performance, and such forward-looking information should not be unduly relied upon. More information about the risks and uncertainties affecting DIV’s business and the businesses of its royalty partners can be found in the “Risk Factors” section of its Annual Information Form dated March 21, 2024 and in its most recent Management’s Discussion and Analysis, copies of each of which are available under DIV’s profile on SEDAR+ at www.sedarplus.com.

    In formulating the forward-looking information contained herein, management has assumed that, among other things, DIV will generate sufficient cash flows from its royalties to service its debt and pay dividends to shareholders; the business and economic conditions affecting DIV and its royalty partners will continue substantially in the ordinary course, including without limitation with respect to general industry conditions, general levels of economic activity and regulations. These assumptions, although considered reasonable by management at the time of preparation, may prove to be incorrect.

    All of the forward-looking statements made in this news release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, DIV. The forward-looking information included in this news release is presented as of the date of this news release and DIV assumes no obligation to publicly update or revise such information to reflect new events or circumstances, except as may be required by applicable law.

    THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS RELEASE.

    Additional Information

    Additional information relating to the Corporation and other public filings, is available on SEDAR+ at www.sedarplus.com.

    Contact:
    Sean Morrison, President and Chief Executive Officer
    Diversified Royalty Corp.
    (236) 521-8470

    Greg Gutmanis, Chief Financial Officer and VP Acquisitions
    Diversified Royalty Corp.
    (236) 521-8471

    The MIL Network

  • MIL-OSI Canada: Standing strong for B.C.: Budget prepares to defend British Columbians

    Source: Government of Canada regional news

    Budget 2025 supports growth in B.C.’s economy to create the wealth needed for the services and programs people rely on, while managing finances carefully to strengthen B.C.’s fiscal foundation.

    The budget seeks to strengthen the Province’s fiscal position and takes the first steps in charting a long-term path to balance so government can respond to changing needs, while protecting services and growing B.C.’s economy.

    To ensure front-line services are safeguarded and B.C.’s finances are managed responsibly, the Province is reviewing all existing programs to ensure they remain relevant, efficient, that they are helping people with costs, and working to grow the economy. Government is also identifying administrative and operational efficiencies through reduced discretionary spending for travel, consulting contracts, business expenses and a hiring pause, with the exception of roles that are crucial to delivering services and programs. These measures aim to save $300 million over the 2025-26 fiscal year, and $600 million in each of the 2026-27 and 2027-28 fiscal years.

    Economic outlook
    B.C. is expected to see modest economic growth in the absence of tariffs, with real GDP growth projected at 1.8% in 2025 and 1.9% in 2026 as immigration slows and trade uncertainty persists, while inflation trends downward and housing construction remains resilient. Over the medium term (2027-29), economic growth is expected to improve, averaging 2.1% annually, supported by steady employment and wage growth, gains in consumer spending and higher exports supported by liquid natural gas production. U.S. tariffs pose a significant risk to the economic outlook.

    Budget outlook
    Budget 2025 presents an updated deficit of $9.1 billion for 2024-25, $273 million lower than forecast in the fall 2024 economic and fiscal update. The improvement is due mainly to higher corporate income tax revenues and ICBC net income, partially offset by higher spending, including for emergency response and long-term care funded by statutory authority.

    Budget 2025 projects the following declining deficits over the three-year fiscal plan period:

    • $10.9 billion for 2025-26
    • $10.2 billion for 2026-27
    • $9.9 billion for 2027-28

    Revenue outlook
    Total government revenue is forecast at $84 billion in 2025-26, $85.7 billion in 2026-27 and $88.2 billion in 2027-28. Revenue growth is mainly driven by increasing tax revenues due to recent growth in population and economic activity, as well as increasing natural resource revenues.

    The government’s revenue outlook factors in trade-related uncertainty associated with the threat of U.S. tariffs consistent with the economic outlook.

    Expense outlook
    Expenses over the three-year fiscal plan are forecast at $94.9 billion in 2025-26, $95.9 billion in 2026-27 and $98 billion 2027-28. Investments will help support the programs and services people rely on, including health care, mental health and addictions, housing, public safety, as well as helping people with costs and building a stronger economy.

    Budget 2025 includes contingencies allocations of $4 billion each year of the fiscal plan to help manage pressures for critical services and other costs that are uncertain at the time of building the budget, including costs for a new collective-bargaining mandate and emerging costs, such as responding to potential tariff impacts.

    Capital investments
    Budget 2025 invests a total of $59.9 billion in capital investments over three years, including $15.9 billion to strengthen transit and transportation infrastructure, $15.5 billion to support capital investments in health care and $4.6 billion to build, renovate and seismically upgrade schools.

    The capital plan supports 180,000 direct and indirect jobs over three years in communities throughout B.C.

    Debt affordability
    B.C.’s taxpayer-supported debt is projected to be $97.7 billion at the end of 2024-25, approximately $9.1 billion more than projected in Budget 2024. This increase is due to a higher opening balance following 2023-24, the increased deficit, and pre-borrowing to meet funding requirements early in 2025-26.

    Taxpayer-supported debt is expected to increase by $68.8 billion over the fiscal plan as the Province continues to invest in strengthening services and building more schools, hospitals, roads, bridges, transit and housing.

    The taxpayer-supported debt-to-GDP ratio, a key metric used by credit rating agencies, is forecast at 26.7% in 2025-26, 30.9% in 2026-27 and 34.4% in 2027-28. B.C.’s debt-to-GDP ratio remains one of the lowest in Canada. It is currently below that of most provinces, including Ontario and Quebec. B.C.’s debt-servicing costs remain at low levels compared to other jurisdictions.

    Successive budgets will focus on flattening debt-to-GDP over time, ensuring B.C. retains one of the lowest debt-to-GDP ratios compared to the Province’s peers.

    MIL OSI Canada News

  • MIL-OSI Canada: Enhancing safety and economic growth in the north

    Moving people to safety during an emergency is a key priority. That’s why Alberta’s government is investing $311 million over three years in Budget 2025 to increase emergency route capacity for residents in northern Alberta. This will provide new and better options to escape dangerous situations, like wildfires, that require people to evacuate from their homes. If passed, Budget 2025 will improve access to and from northern cities and communities and unlock more economic opportunity, opening up the resource-rich north and building a stronger, freer Alberta.

    “Wildfires underscore the need for more emergency egress routes. That’s why we are starting detailed design work to extend Highway 686 between Peerless Lake and Fort McMurray, creating a new emergency route for northern residents and a new east-west economic corridor in this resource-rich part of Alberta.”

    Devin Dreeshen, Minister of Transportation and Economic Corridors

    “These investments make it clear how important northern Alberta is to Alberta’s government. These infrastructure projects will boost safety and economic corridors, especially for people in the Fort McMurray and Lac La Biche region, and better connect Indigenous communities.”

    Brian Jean, Minister of Energy and Minerals

    Budget 2025 includes detailed design work to extend Highway 686 between Peerless Lake and Fort McMurray, adding a new egress route and providing new capacity for the movement of energy products, heavy equipment and the delivery of goods and services to communities in the region. The new Highway 686 alignment will extend the highway by 218 kilometres, creating a new east-west highway link to connect northern Alberta communities and to support economic development across the region.

    “For years, our Nation has fought for better road access, knowing how critical it is for our safety, mobility and economic future. The province’s enhanced funding for the Highway 686 corridor – especially for paving the road from Red Earth Creek all the way to Trout Lake – is a direct and positive response to our advocacy and our Nation’s needs. We recognize the steps Alberta has taken to work with us as meaningful partners and beneficiaries in this process. These investments have the potential to transform lives in Peerless Trout First Nation, and as this spirit of collaboration continues and strengthens, even greater opportunities can unfold for our people.”

    Chief Gilbert Okemow, Peerless Trout First Nation

    “With these latest investments in Highway 686, the Province of Alberta is demonstrating that major infrastructure projects can be developed in true partnership with First Nations. The province has heard our Nations’ voices and has been engaged early and meaningfully, and that is what will ensure this project benefits our communities, our people and future generations. We look forward to continuing to play a leadership role, knowing that this approach – one that respects our rights and prioritizes our leadership and direct involvement – will be key to its long-term success.”

    Chief Ivan Sawan, Loon River First Nation

    “The Highway 686 project is moving in the right direction because it is being shaped by First Nations, not just around us, but with us. The province has shown a willingness to work with our Nations in a way that prioritizes our involvement and our ability to directly benefit from the work ahead. That approach must continue, because when our people are full participants in infrastructure projects like this, we don’t just see roads being built – we see opportunities being created for generations to come.”

    Chief Andy Alook, Bigstone Cree Nation

    “Major projects in traditional territories must balance responsible development with respect for the land and the people who live with it. I appreciate the province’s collaborative commitment to work with First Nations to develop the Highway 686 corridor. This funding announcement is an important step forward. We expect to see tremendous benefits – not just in improved access but in long-term economic development opportunities for our Nations.”

    Chief Raymond Powder, Fort McKay First Nation

    “Investing in Highway 686 is a game-changer for Fort McMurray and the entire northern region. This project will enhance safety for our residents by improving emergency access and unlocking new economic opportunities. I’m proud to see our government taking real action to strengthen our communities and build a more connected and resilient northern Alberta.”

    Tany Yao, MLA, Fort McMurray-Wood Buffalo

    Budget 2025 also proposes funding over three years for engineering work for grade, base and paving of about 61.7 kilometres of the north-south segment of Highway 686 near Red Earth Creek and Peerless Lake in Peerless Trout First Nation, with additional funding over three years to pave more than 27 kilometres between Peerless Lake and Trout Lake.

    If passed, Budget 2025 will also invest in a number of other highway projects that are underway or in the planning phase, including $101 million for twinning Highway 63, north of Fort McMurray, between Mildred Lake and the Peter Lougheed Bridge. This will increase emergency route capacity and support economic growth throughout northern Alberta. Detailed design work on the new bridge continues, as well as consultations with local Indigenous communities.

    Additionally, $141 million over three years would be invested in safety upgrades to Highway 881, from just south of Fort McMurray to Lac La Biche. The improvements include 14 new passing lanes, an oversize load staging area and several intersection upgrades. Construction is expected to take three to four years and be completed by fall 2028.

    Finally, $7 million over three years would be provided to plan an extension to Highway 956 from La Loche in Saskatchewan to Fort McMurray, providing an additional route to and from the Wood Buffalo region. Planning will commence in 2025 and is anticipated to be complete in the 2026-2027 fiscal year. Design is expected to take about three years to complete.

    Budget 2025 is meeting the challenge faced by Alberta with continued investments in education and health, lower taxes for families and a focus on the economy.

    Quick Facts

    • Budget 2025 invests $8.5 billion over three years in Transportation and Economic Corridors’ Capital Plan, a $333.7 million increase compared with Budget 2024 that includes:
      • $2.6 billion in Capital Investment for planning, design and construction of roads and bridges.
      • $1.7 billion in Capital Maintenance and Renewal for highway and bridge rehabilitation projects.
      • $240.1 million for water management and flood.
      • $3.9 billion for Capital Grants to Municipalities. 

    MIL OSI Canada News

  • MIL-OSI Security: Punnichy — Punnichy RCMP seek public assistance in locating missing 44-year-old male

    Source: Royal Canadian Mounted Police

    On February 27, 2025, Punnichy RCMP received a report of a missing 44-year-old male, Jarod Norton.

    Jarod was last seen by loved ones around February 8, 2025 on Muskowekwan First Nation.

    Jarod is described as:

    • Eye colour: brown
    • Hair colour and style: brown, short
    • Other descriptors: scar on his neck, ‘Norton’ tattooed on his arm

    Jarod is known to travel to the Regina and Saskatoon areas, but his current whereabouts are unknown.

    If you have seen Jarod or know where he is, contact Punnichy RCMP at 310-RCMP. Information can also be submitted anonymously by contacting Saskatchewan Crime Stoppers at 1-800-222-TIPS (8477) or www.saskcrimestoppers.com.

    MIL Security OSI

  • MIL-OSI Security: La Loche — ARRESTED: La Loche RCMP asking public to report sightings of Keistin Moise

    Source: Royal Canadian Mounted Police

    March 3, 2025
    La Loche, Saskatchewan

    News release

    La Loche RCMP arrested Keistin Moise on February 12, 2025 in La Loche.

    He is scheduled to appear in court in La Loche on March 24, 2025.

    –30–

    Backgrounder

    La Loche RCMP asking public to report sightings of Keistin Moise

    2025-02-11

    La Loche RCMP is asking the public to report sightings and information on the whereabouts of 25-year-old Keistin Moise. He also goes by the name ‘Philip J. Fry’.

    Keistin Moise is wanted by La Loche RCMP for charges including assault, mischief – damage to property, and failing to attend court. These charges were laid in relation to a May 2024 investigation.

    Keistin Moise is described as approximately 5’8″ tall and 130 lbs. He has brown eyes and black hair.

    La Loche RCMP continue to investigate.

    Report all sightings and information about the whereabout of Keistin Moise to your local police at 310-RCMP. Information can also be submitted anonymously by contacting Saskatchewan Crime Stoppers at 1-800-222-TIPS (8477) or www.saskcrimestoppers.com.

    MIL Security OSI

  • MIL-OSI Security: La Loche — ARRESTED: La Loche RCMP asking public to report sightings of Rolfe Herman

    Source: Royal Canadian Mounted Police

    March 3, 2025
    La Loche, Saskatchewan

    News release

    La Loche RCMP arrested Rolfe Herman on March 2, 2025 in La Loche.

    He is scheduled to appear in court in La Loche on March 3, 2025.

    –30–

    Contact information

    La Loche RCMP asking public to report sightings of Rolfe Herman

    2025-02-10

    La Loche RCMP is asking the public to report sightings and information on the whereabouts of 35-year-old Rolfe Herman.

    Rolfe Herman is wanted by La Loche RCMP for charges including assault with a weapon, uttering threats, and fail to comply with probation order. These charges were laid in relation to a February 7, 2025 investigation.

    Rolfe Herman is described as approximately 6’2″ tall and 190 lbs. He has brown hair and brown eyes. He has a skull and snake tattooed on his right shoulder and tribal art tattooed on his right arm.

    Rolfe Herman is known to frequent the Saskatoon and North Battleford areas, but his current whereabouts are unknown.

    La Loche RCMP continue to investigate.

    Report all sightings and information about the whereabout of Rolfe Herman to your local police at 310-RCMP. Information can also be submitted anonymously by contacting Saskatchewan Crime Stoppers at 1-800-222-TIPS (8477) or www.saskcrimestoppers.com.

    MIL Security OSI

  • MIL-OSI Security: Waskesiu — Waskesiu RCMP asks public for help identifying suspect

    Source: Royal Canadian Mounted Police

    On August 31, 2024, Waskesiu RCMP received a report of a sexual assault.

    Investigation determined a male approached a female in a washroom at the beach in Waskesiu during the late evening hours and attempted to sexually assault her. The woman was able to escape. She did not report physical injuries to police.

    Waskesiu RCMP has been investigating this incident since and is now asking the public for assistance in identifying the suspect.

    He is described as an Asian male between 16 and 21 years old, with a medium complexion and straight dark hair, which came approximately halfway down his forehead.

    He is approximately 5’5″ to 5’7″ tall with a small build.

    He was wearing black Crocs, grey socks, baggy black jeans or cargo pants, a woven fabric belt with a silver metal buckle, a light grey or white shirt and an oversize grey zip-up hoodie he was wearing half off his shoulders.

    If you have information about this incident, think you know who the suspect may be, or saw the suspect in Waskesiu in late August/early September 2024, contact Waskesiu RCMP by dialling 310-RCMP. Information can also be submitted anonymously by contacting Saskatchewan Crime Stoppers at 1-800-222-TIPS (8477) or www.saskcrimestoppers.com.

    MIL Security OSI

  • MIL-Evening Report: Beyond the garage: How important are spaces to business creation?

    Source: The Conversation (Au and NZ) – By Etienne Capron, Postdoctoral fellow, HEC Montréal

    Cities, and on a smaller scale, neighbourhoods and meeting places, play a significant role in promoting innovation. (Shutterstock)

    There is an enduring myth that many technological innovations have come out of garages, bedrooms and basements.

    One of the most famous garages is the one at Steve Jobs’ parents’ house where he was rumoured to have designed the Apple I computer, along with Steve Wozniak and some colleagues. The myth was so persistent, that the garage was designated as a site of historical importance in 2013. It was a similar story for the founders of Google, who set up their first offices in an actual garage in Menlo Park in San Jose, Calif.

    Then there was William Hewlett and David Packard, who developed a low-distortion frequency oscillator in their garage in Palo Alto, before going on to found the information technology company HP Inc. One of their first customers was Walt Disney, who used it for the sound in his 1940 film Fantasia.

    The garage is an important site in the founding myths of many entrepreneurial adventures. Before a company becomes successful, where it starts out is as important as the visionaries who invest in it. And in addition to the specific space of the garage, the surrounding urban environment is also important. What a city offers, and the way it is organized, both contribute to innovation.


    This article is part of our series Our cities from yesterday to tomorrow. Urban life is going through many transformations, each with cultural, economic, social – and, in this election year, political – implications. To shed light on these diverse issues, The Conversation Canada is inviting researchers to discuss the current state of our cities.

    Multiplicity of creative spaces

    There are many spaces specifically designed to support entrepreneurship today, including incubators, accelerators and collaborative workspaces. In addition to providing a place to work, these spaces facilitate both networking with potential partners and access to business opportunities.

    It is also interesting to note how these creative spaces have multiplied in most cities, sometimes with a specialization. They can be found in the fields of health, social innovation and digital technologies.

    The Apple garage, located in Steve Jobs’s childhood home, was a meeting place for Apple’s founders.
    (Shutterstock)

    Yet, as important as they may be for some players, these spaces are not the only factors that contribute to entrepreneurial success. Other places, sometimes unexpected, such as the fast food restaurant where Nvidia was born or the Californian saunas that have replaced luxury hotels for business meetings between investors and entrepreneurs, also contribute to the creation and development of new companies. Nor can the success of an entrepreneurial venture be explained by a single place.

    That raises the question: what do we know about how cities, and the variety of places within them, affect the development of entrepreneurial capacity?

    As a postdoctoral researcher at HEC Montréal (MOSAIC) and a professor of innovation management at the IAE Nantes University, respectively, we have explored this question as part of our research in innovation management, particularly in a recent piece of research.

    The city, an ecosystem

    Research has long focused on specific types of places. The aim is both to understand what happens there and to extract lessons that can be replicated elsewhere. Accessing a shared workspace offers entrepreneurs the opportunity to socialize. This was also the great promise of the American company WeWork: to be a member of a community.




    À lire aussi :
    WeWork : chute d’une entreprise ou fin du coworking ?


    Specific technologies or tools for prototyping can be found in a fab lab or a collaborative manufacturing workshop. Presenting your project to investors is easier from an incubator or accelerator. For example, by presenting a project at Y-Combinator in California, an accelerator renowned for supporting promising projects, entrepreneurs know they’ll get noticed by investors.

    Similarly, it is easier to meet potential partners or pick up on the latest trends in a market or technologies by spending the evening in a trendy café or bar. Informal exchanges are easier there and these play a big role in the entrepreneurial dynamics of a territory.

    WeWork shared office space in Two Summerlin, Nevada, USA.
    (Shutterstock)

    And then, quite simply, where does the initial idea come from? As the American columnist and writer Steven Johnson shows through the examples of Gutenberg and Darwin, it is clear this often happens at odd times and in unusual places.

    As a result, whether innovators are entrepreneurs, artists or scientists, it is unlikely that all the resources they require will be available to everyone, all the time, in one place.

    As the American urban planner and sociologist Jane Jacobs so aptly put it, individuals experience the city. They do not got to a single place: they visit or pass by a variety of places, each of which, in its own way, can nurture the creativity and career of an entrepreneur. Our research reveals that it is above all the combination of a city’s places – their diversity of size, function, purpose and location – that produces entrepreneurial capacity.

    Observing artists to better understand entrepreneurship

    Let’s take the example of creators who produce projection mapping works in Montréal. Thanks to a six-month survey of 21 Montréal artists, we were able to show the heterogeneity of places they visited regularly throughout the process of creation and development.


    Thousands of subscribers already receive The Conversation’s Canada Daily newsletter. And you? Subscribe today to our newsletter to better understand today’s major issues.

    _

    Our study led to two main conclusions.

    Firstly, depending on the profile of individuals and their creative approach, the places they visit regularly are different, and sometimes distinctive. This is the case, for example, of an artist who benefits from a residency in a printing workshop to create a projection on fabrics. It is also the case of a designer who goes to a fab lab to experiment with sensors.

    This suggests that there are specific trajectories for each individual, and therefore, no single path that leads to innovation.

    The need for structuring places

    Secondly, this observation suggests that the convergence around certain places does not owe to chance: multiple resources, sometimes crucial for recognition in a field, are mobilized there.

    For example, many of the artists in our study regularly visited Montréal’s Society for Arts and Technology (SAT), a renowned meeting place that has helped the careers of many artists. The artists we met go there to take courses, attend shows, and meet musicians with whom they may eventually collaborate.

    That’s how a venue’s reputation is built. As we have shown, this can become essential at a particular stage of the entrepreneur’s journey.

    But before or after this stage, other places may be more beneficial.

    In fact, depending on the phase of the innovation project, the types of places visited and their number vary greatly. So, since needs are different, the capacity to innovate depends on the places and possibilities that exist in a city. For example, Montréal’s diverse cultural offerings, with its artist-run centres and performance halls, strongly inspire projection mapping artists.

    Workshops are obviously important places for experimentation and creation, but they are only used when a prototype or final work is being produced.

    The territory of innovation

    In a more global context, where there are many technological, societal and environmental challenges, innovations are necessary.

    Ideas and entrepreneurs are essential to make innovation happen. Entrepreneurs need skills and financial resources. They need to be part of collectives and communities. But also, and perhaps even above all, they need to be in territories that offer a wide range of places where they can take advantage of complementary resources to carry out their projects.

    The city as a whole, and on a smaller scale, its neighbourhoods, are the melting pot from which ideas circulate and mix, where projects mature and take shape. The urban morphology, which can be seen as a particular arrangement of places and transport or travel infrastructures, then becomes a new deciding factor in entrepreneurial capacity.

    Les auteurs ne travaillent pas, ne conseillent pas, ne possèdent pas de parts, ne reçoivent pas de fonds d’une organisation qui pourrait tirer profit de cet article, et n’ont déclaré aucune autre affiliation que leur organisme de recherche.

    ref. Beyond the garage: How important are spaces to business creation? – https://theconversation.com/beyond-the-garage-how-important-are-spaces-to-business-creation-250130

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Canada: Premier’s statement on tariffs imposed by the U.S.

    Source: Government of Canada regional news

    Premier David Eby has issued the following statement in response to tariffs imposed by U.S. President Donald Trump:

    “We didn’t ask for this fight the president has brought to Canada and to British Columbia. I’ll tell you this — we’re not going to shrink from it.  

    “Effective immediately, BC Liquor Stores will be pulling all red-state liquor products off the shelf and will not order any more. Here at home, the government, including Crown corporations and health authorities, will be buying Canadian first, then non-U.S. products. This is something that we can’t do ordinarily because of trade agreements with the United States. Finally, we’re going to make sure support is in place so B.C. businesses can pivot to global and domestic markets.

    “The federal government has committed that the revenues from counter tariffs announced this morning will be redistributed to businesses and individuals to provide support. We’ll make sure that that happens. As a province, we’ll fill in the blanks wherever there is an area that isn’t being addressed by Ottawa.  

    “We’re having conversations today that we never thought we would have. Today is our chance as Canadians, and as British Columbians, to send a message. At the grocery store, buy B.C., buy Canadian. If you have a choice about where to travel, avoid the United States. Visit somewhere in Canada or elsewhere in the world.

    “This threat to our sovereignty has brought out a sense of pride, a sense of courage and a sense of solidarity among all Canadians.  

    “We’re big enough to stand on our own two feet. This is a moment for us to take an attack and turn it into a source of strength for ourselves as a province and as a country. We are tough. We are resilient. We are exceptional. 

    “Together, we’ll ensure that Canada remains the true north, strong and free. We will meet this moment with dignity and with courage. We are resolute in our willingness to stand up for what we believe, to partner with people who share our values around the world, and to lead the way in a moment of great uncertainty and, for some people, significant fear. People need Canada right now, they need British Columbia right now and we’ll be there to deliver for them. We’re going to fight and we’re going to win.”  

    Learn More:

    For more information on B.C.’s tariff response, visit: https://gov.bc.ca/tariffs

    MIL OSI Canada News

  • MIL-OSI USA: Klobuchar Statement on Across-the-Board Tariffs

    US Senate News:

    Source: United States Senator for Minnesota Amy Klobuchar
    WASHINGTON — U.S. Senator Amy Klobuchar (D-MN), Ranking Member of the Senate Committee on Agriculture, Nutrition, and Forestry, released the following statement on the Administration imposing tariffs on products from Canada, Mexico, and China.
    “These across-the-board tariffs will make it harder for Americans to put food on the table and will squeeze farmers who will lose valuable export markets and see higher input costs. This will raise prices for the average family by more than $1,200 a year, raise gas prices by as much as 50 cents a gallon, and raise fertilizer costs for corn and soybean farmers. Already, we are seeing retail stores and refineries increase prices—and retaliation from other countries that will raise prices even more. Farmers have spent decades building export markets, only to have them ripped away overnight. While I support targeted tariffs, these sweeping, across-the-board tariffs will set our country back.”

    MIL OSI USA News

  • MIL-OSI USA: Durbin Speaks Out Against Trump’s Tariffs On Mexico & Canada

    US Senate News:

    Source: United States Senator for Illinois Dick Durbin
    March 04, 2025
    Durbin: Instead of improving the lives of and lowering prices for Americans, President Trump is doing the very opposite
    WASHINGTON – In a speech on the Senate floor today, U.S. Senate Democratic Whip Dick Durbin (D-IL) spoke out against President Trump’s tariffs on Mexico, Canada, and China. As of today, President Trump has instituted a 25 percent tariff on goods from Canada and Mexico, as well as an additional 10 percent on goods from China, bringing the total to 20 percent tariffs on China. In his remarks, Durbin underscored that the Trump tariffs would not lower prices, as he promised during his campaign, but instead spike prices for Americans.
    “Instead of improving the lives of or lowering prices for Americans, we are seeing policies of the Trump Administration do exactly the opposite. The President has spent his time trying to systematically dismantle the federal government, creating rifts with our closest allies, and now, imposing destructive tariffs on our biggest trading partners. The tariffs that he has unleashed… will hurt American consumers and supply chains and undermine American manufacturing.” 
    Durbin pointed to the harm that will come to Illinois’ economy as a result of the Trump tariffs, as Illinois relies on Canada and Mexico to purchase the state’s goods and agricultural products. In 2023, Illinois, which ranks first among the 50 states in imports from Canada, exported a total of $20.55 billion in products to Canada. Additionally, Illinois exports to Mexico in 2023 totaled $12.93 billion.
    “Illinois is the fourth largest exporter in the nation… These tariffs will hurt Illinois’ farmers, workers, and manufacturers—not to mention consumers,” Durbin said. “Additional tariffs on our three biggest trading partners will add to the economic strain that is already beginning to show under the new Administration. A survey of consumer sentiment published last month recorded its largest monthly decline in four years, due in large part to concerns about trade and tariffs. Tariffs are taxes and they are taxes that the consumers of America will have to pay. These levels of concern have not been seen since the trade wars in President Trump’s first term.”
    Durbin concluded, “While the President claims that foreign countries will pay for U.S. tariffs, that isn’t the truth and we know what the truth is—the burden of tariffs is carried by American companies and passed on to American customers. Indiscriminately slapping tariffs on the goods American consumers need will mean higher costs—higher costs on groceries, gas, and cars, while inspiring retaliatory tariffs, and even boycotts, on American-made products, further hurting our economy.”
    Video of Durbin’s remarks on the Senate floor is available here.
    Audio of Durbin’s remarks on the Senate floor is available here.
    Footage of Durbin’s remarks on the Senate floor is available here for TV Stations.
    -30-

    MIL OSI USA News

  • MIL-OSI Global: Canada is now in a trade war with the U.S. — here’s what you need to know to prepare for it

    Source: The Conversation – Canada – By Xiaodan Pan, Associate Professor, John Molson School of Business, Concordia University

    United States President Donald Trump has officially imposed 25 per cent tariffs on Canadian and Mexican imports, sending shockwaves through Canadian consumers and businesses.

    The decision escalates tensions in an increasingly fragile relationship between the countries, marking a significant shift in North American economic ties.

    The unfolding trade war between is expected to have far-reaching consequences for people and businesses on both sides of the border. How can Canadians navigate the trade war and minimize the financial strain of the tariffs?

    As experts in supply chain management, we aim to break down the impact of these tariffs and offer practical strategies for Canadians to help navigate the economic turbulence ahead.

    How consumers react to trade wars

    When the news of a potential trade war is first publicized, consumers tend to react by monitoring the situation until further information is available.

    Once the government announces which products will be affected, consumers begin to take action. Some Canadians have already started stockpiling products whose prices are likely to rise or be in short supply following the imposition of tariffs.

    Stockpiling can lead to product shortages at retailers, which may be worsened by the fear of missing out. Media headlines highlighting empty shelves can act as reinforcement loops, further fuelling frenzied shopping behaviour.

    This kind of “panic buying” is common in times of crisis, much like the rush to buy supplies before the onset of a major hurricane and the hoarding of essential supplies during the COVID-19 pandemic.

    Consumers and retailers face challenges

    With a trade war breaking out, both consumers and retailers will need to adapt.

    Shortages are likely to occur as new importation procedures slow the time products take to cross the border. The ensuing delays, along with higher tariff rates, will push some retailers to raise prices to cover cost increases. Others may limit purchases to discourage hoarding behaviour.

    Some firms may even take advantage of the situation by raising prices on products not covered by the tariffs to pad their profits — a practice known as “greedflation,” which happened during the pandemic. Another potential consequence is “shrinkflation,” where package sizes become smaller while prices remain unchanged.

    As consumers adapt by changing their shopping habits or using their stockpiled reserves, some of the shortages may be eased. However, retailers may struggle to manage their inventories as demands fluctuate — a phenomena known as the “bullwhip effect.” Navigating these shifts will require careful planning.

    Challenges of buying domestic

    Trump’s trade war has intensified calls to “buy Canadian” as a way to support domestic products.

    Recently, the Canadian government has threatened counter-tariffs on imported products that have Canadian substitutes — for example, targeting Kentucky bourbon in favour of Canadian whiskey or Florida orange juice for Canadian apple juice.




    Read more:
    ‘Buying Canadian’ is an opportunity to reflect on the ethics of consumerism


    However, fully replacing imports with domestic goods presents significant challenges. Many Canadian farmers and manufacturers lack the capacity to quickly scale up production to meet demand, at least in the short run.

    Production costs may also be significantly higher in Canada than abroad, which is a major reason for relying on imports in the first place. Apparel manufacturing is a good example. It has a high labour component — the reason that most of it has been moved to low-cost countries in Asia.

    In general, U.S. productivity is higher than Canadian productivity, contributing to lower costs in the U.S. In addition, some products simply cannot be produced in Canada at all, such as tropical fruits and vegetables.

    Furthermore, trade wars create uncertainty, making farmers and manufacturers hesitant to make large-scale investments that may not pay off once the trade conflict ends. While this approach foregoes potential short-term gains for long term stability, it also exacerbates shortages and price hikes during and after the trade war.

    The new normal

    Unlike one-off events like hurricanes, or fluctuating disruptions such as COVID-19, the outcome of a trade war is difficult to predict. This makes it difficult to forecast what the “new normal” will be.

    Certainly, some consumers who substitute domestic products for imported products may continue to do so in the long run. However, others may switch back to imported products if the tariffs are lifted and prices are lowered.

    Knowing that this might happen, domestic producers may not ramp up production during a tariff war. Those who do increase production may later find themselves with excess capacity and inventory surpluses after the conflict ends.

    Meanwhile, manufacturers and retailers that raise prices to cover tariff-related costs may choose to keep them elevated even after tariffs are removed. For instance, canned food prices saw a significant price rise following the implementation of the 2018 U.S. steel tariffs.

    Consumer acceptance of the price increases, adjustments to new higher cost supply chain structures, or efforts to maintain profit margins, may potentially establish a higher baseline prices in the post-trade-war economy.

    Navigating the trade war

    How can Canada best shield itself from the effects of the trade war? The easy answer is to become more self-reliant, but this is a costly option that requires technology, skilled labour and capital investments.

    As a result, this option should only be chosen for the most necessary and essential items, like certain pharmaceuticals and food staples. Other strategies must also be considered:

    1. Building supply chain resilience: Sourcing from multiple suppliers and retaining inventories of the most essential products may increase inventory and purchasing costs, but will reduce risks. It allows enterprises to withstand short-term supply chain disruptions and puts them in a better position to survive a trade war.

    2. Engaging in honest communication: Governments and retailers should regularly update the public on negotiations, new tariff schedules and potential price changes, reducing the guesswork that fuels panic buying and stockpiling. Transparency allows individuals to make the best purchasing decisions.

    3. Protecting low-income consumers: Retailers should limit sales quantities of staple products during disruptions to avoid hoarding behaviour. Governments should consider tax relief and subsidies aimed at budget-constrained individuals to relieve the burden of higher tariff-related costs.

    Supply chain disruptions inevitably result in higher costs and product shortages, often impacting low-income households the hardest. Even after the trade war ends, higher prices may persist as the new norm. To minimize the impact of tariffs, governments and enterprises need to adopt policies that reduce economic strain and result in fairer outcomes for all.

    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. Canada is now in a trade war with the U.S. — here’s what you need to know to prepare for it – https://theconversation.com/canada-is-now-in-a-trade-war-with-the-u-s-heres-what-you-need-to-know-to-prepare-for-it-250989

    MIL OSI – Global Reports