NewzIntel.com

Category: Canada

  • MIL-OSI: Gibson Energy Announces Chief Financial Officer Transition

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, Feb. 04, 2025 (GLOBE NEWSWIRE) — Gibson Energy Inc. (“Gibson” or the “Company”) announced that Sean Brown has stepped down today from his role as Senior Vice President and Chief Financial Officer.

    “On behalf of the Board and leadership team, I want to thank Sean for his role in building Gibson’s strong financial foundation,” said Curtis Philippon, President & Chief Executive Officer. “Also, his contributions to date to ensure a seamless transition are appreciated and I wish him the best in his future endeavors.”

    Concurrently, the Company is pleased to announce that effective immediately Riley Hicks, Senior Vice President, Corporate Development, Marketing & Strategy, will succeed Mr. Brown as Senior Vice President and Chief Financial Officer.

    “Since joining Gibson in 2018, Riley has held critical roles in several areas of the business and was the ideal choice to step into the role of Chief Financial Officer,” Mr. Philippon added. “His deep knowledge of the business and proven leadership will be instrumental in driving our financial strategy forward, delivering long-term value to shareholders and will help position Gibson for future successes.”

    Riley Hicks Biography
    Mr. Hicks joined Gibson in 2018 and most recently held the position of Senior Vice President, Corporate Development, Marketing & Strategy. Prior to this position, Riley held various leadership roles across the finance, commercial, and marketing organizations. Before joining the Company, Riley developed a comprehensive understanding of the midstream and energy sector through experience in accounting, equity research, and corporate valuation consulting for energy clients. Riley holds a Bachelor of Science in Economics degree from Trinity College, an MBA from Northeastern University, and is a member of the Chartered Professional Accountants of Canada and Alberta (CPA).

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

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

    Forward-Looking Statements
    Certain statements contained in this press release constitute forward-looking information and statements (collectively, forward-looking statements) including, but not limited to, statements concerning Gibson’s ability to execute its corporate strategy and achieve the expected outcomes therefrom. All statements other than statements of historical fact are forward-looking statements. The use of any of the words ‘‘anticipate’’, ‘‘plan’’, ‘‘contemplate’’, ‘‘continue’’, ‘‘estimate’’, ‘‘expect’’, ‘‘intend’’, ‘‘propose’’, ‘‘might’’, ‘‘may’’, ‘‘will’’, ‘‘shall’’, ‘‘project’’, ‘‘should’’, ‘‘could’’, ‘‘would’’, ‘‘believe’’, ‘‘predict’’, ‘‘forecast’’, ‘‘pursue’’, ‘‘potential’’ and ‘‘capable’’ and similar expressions are intended to identify forward looking statements.. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon. These statements speak only as of the date of this press release. The Company does not undertake any obligations to publicly update or revise any forward-looking statements except as required by securities law. Actual results could differ materially from those anticipated in these forward-looking statements as a result of numerous risks and uncertainties including, but not limited to, the risks and uncertainties described in “Forward-Looking Information” and “Risk Factors” included in the Company’s Annual Information Form and Management’s Discussion and Analysis, each dated February 20, 2024, as filed on SEDAR+ and available on the Gibson website at www.gibsonenergy.com.

    For further information, please contact:

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

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

    The MIL Network –

  • MIL-OSI Canada: Remarks by Tiff Macklem, Governor of the Bank of Canada

    Source: Bank of Canada

    OTTAWA – On Thursday, February 6, 2025, Tiff Macklem, Governor of the Bank of Canada, will speak to the BIS Chapultepec Conference.

    Topic

    Future challenges for monetary policy in the Americas

    Time

    17:00 (Eastern Time)

    Place

    The speech will be delivered by videoconference.

    Lock-Up

    There will be no media lock-up for this event.

    Distribution

    The Governor’s remarks will be published on the Bank’s website at 17:00 (Eastern Time).

    Media Availability

    There will be no media availability for this event.

    Audience Q&A

    There will be no audience Q&A period.

    Webcast

    A webcast of the event will be available on the BIS Website

    Note

    For more information, please contact Media Relations.

    MIL OSI Canada News –

  • MIL-OSI Canada: Budget 2025: Coming soon

    Source: Government of Canada regional news (2)

    MIL OSI Canada News –

  • MIL-OSI Global: Trump’s tariff gambit: As allies prepare to strike back, a costly trade war looms

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

    On Saturday, Feb. 1, 2025, U.S. President Donald Trump announced a plan to slap steep tariffs on imports from key American trading partners – 25% on goods from Mexico and Canada and 10% on imports from China. His stated reason? To curb illegal immigration and drug trafficking.

    Both Mexico and Canada managed to buy some time. After urgent phone calls with Trump on Feb. 3, their leaders each secured a one-month reprieve. But Mexico’s Claudia Sheinbaum and Canada’s Justin Trudeau also made it clear to their U.S. counterpart: If these tariffs go through, they’ll hit back with their own trade restrictions. The world is watching the opening moves of what could become another costly trade war.

    As a professor of economics, I can explain why this poses significant risks to the U.S. economy and American consumers. Economic theory suggests that tariffs distort market efficiency, raising production costs while limiting consumer choice and increasing prices.

    Who really pays for tariffs?

    While politicians often frame tariffs as a way to punish other countries, they actually hit domestic consumers and businesses hardest. Whether they’re facing higher grocery bills or disruptions in manufacturing, Americans will feel the strain.

    When tariffs are imposed, companies must either absorb the additional costs – cutting into profits and potentially threatening jobs – or pass these costs to consumers through higher prices. Small businesses operating on thin profit margins are particularly vulnerable, as many lack the resources to quickly switch suppliers.

    Tariffs trigger costly retaliation

    Worse yet, such measures commonly set off a cycle of retaliation. During past trade disputes involving the U.S., affected nations have responded with counter-tariffs on American products, including textiles, steel and agricultural goods. Such retaliatory efforts have led to sharp declines in U.S. exports.

    During the first Trump administration, for example, China imposed retaliatory tariffs on U.S. agricultural exports. As a result, the U.S. farmers lost billions of dollars, and the U.S. spent billions in government aid to offset those losses. China has already issued new tariffs on imports of U.S. goods and export controls on some of its exports to the U.S. to retaliate for Trump’s current move.

    History also shows that trade wars are self-defeating. The Smoot-Hawley Tariff Act of 1930, which imposed tariffs on over 20,000 imported goods, prompted swift retaliation from trading partners and contributed to deepening the Great Depression.

    Modern trade wars have other consequences

    Modern trade wars hit closer to home than most Americans realize. The recent tariff threat against Colombia reveals why. In 2023, Colombian farmers supplied US$1.14 billion worth of fresh-cut flowers to U.S. florists. In a near-crisis that lasted a weekend, Trump threatened to slap steep tariffs on the South American nation, right when flower shops across America were stocking up for one of their busiest seasons: Valentine’s Day.

    The same tariffs would have hit Colombian coffee too, affecting everything from neighborhood cafes to grocery store prices. This shows how modern trade disputes can instantly disrupt the everyday purchases Americans make.

    Other key trading partners, including the European Union, have also come into the crosshairs. On Jan. 30, 2025, the president issued a stark warning to Brazil, Russia, India, China and South Africa – the so-called BRICS nations – threatening 100% tariffs if they continued efforts to reduce reliance on the U.S. dollar as their reserve currency.

    These threats can do more than alienate strategic partners; they risk accelerating dedollarization – pushing nations to develop alternative financial systems that weaken U.S. influence in global trade.

    A more effective approach

    Beyond causing immediate economic pain, constant tariff threats risk damaging America’s credibility as a reliable trading partner. The U.S. helped establish the rules-based international trading system, but regular tariff threats erode global trust and push trading partners to seek alternatives to the U.S. market.

    The reality is clear: No country in the modern era has successfully used tariffs to grow its economy or improve the well-being of its people. The countries that are most dependent on tariff revenues for their national budgets are among the world’s poorest and least developed economies.

    I believe the path to maintaining America’s economic leadership lies in embracing a smarter, more strategic trade policy – one that builds alliances instead of breaking them. A strategy that prioritizes negotiation, fosters innovation and enhances competitiveness – and that doesn’t rely on protectionist tactics more often used by developing nations – would strengthen cooperation and stability, ensuring long-term economic prosperity.

    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. Trump’s tariff gambit: As allies prepare to strike back, a costly trade war looms – https://theconversation.com/trumps-tariff-gambit-as-allies-prepare-to-strike-back-a-costly-trade-war-looms-248980

    MIL OSI – Global Reports –

  • MIL-OSI Global: Trump’s opening tariff salvo will hurt US consumers − following through on Canada, Mexico threats will increase the price pain

    Source: The Conversation – USA – By Jason Reed, Associate Teaching Professor of Finance, University of Notre Dame

    If U.S. voters reelected Donald Trump hoping for relief from higher prices, his recent threats to impose tariffs on America’s three largest trade partners might make them think again.

    On Saturday, Feb. 1, Trump announced 25% tariffs on Canada and Mexico and 10% tariffs on China, which he said would take effect on Tuesday, Feb. 4. While markets braced for the news to some degree, they still saw a steep premarket sell-off on Monday, Feb. 3, followed by morning volatility.

    While Canada and Mexico negotiated monthlong reprieves on Monday, the new tariffs on China went into effect as expected Tuesday, Feb. 4. And while the ultimate shape of Trump’s tariff policy remains to be seen, the president warned that American consumers could feel “some pain” as a result.

    Given my training as an economist and finance professor, I think Trump could be right on that score. In fact, if the tariffs go into effect, they could spell disaster for the Federal Reserve’s inflation reduction efforts.

    From grocery stores to homes

    U.S. consumers might be surprised to find out that almost every economic sector could be affected by this opening salvo of tariffs, should they go ahead in March. Imports from Mexico and Canada reached close to US$1 trillion in 2024, almost double the amount the U.S. imports from China.

    The U.S. is particularly reliant on Mexico for fresh fruits and vegetables, and on Canada for lumber. So if the tariffs go into effect, Americans who have been waiting for home prices to ease may have to continue waiting, as tariffs on lumber and other building materials could worsen the affordable-housing crunch. And let’s not even talk about avocado prices.

    Meanwhile, the 10% tariffs on Chinese goods will likely boost the price of electronics, and China has already imposed retaliatory measures. Trump has also proposed 25% tariffs on Taiwan and its semiconductor industry, in an attempt to push Taiwanese companies to invest more in U.S. manufacturing. If that tariff were to go into effect, prices for U.S. consumers would be even higher.

    A tax by any other name …

    Tariffs are an import tax. They’re passed through the supply chain in the form of higher prices and are eventually paid by consumers. Traditionally, governments have used tariffs as a fiscal tool to encourage businesses and consumers to move away from foreign-made products and support domestic businesses instead.

    In theory, new tariffs could encourage foreign businesses to invest in the U.S. and make more stuff on American soil. Unfortunately, domestic manufacturing has seen a systemic decline since the 1980s, resulting in lower prices for consumers but severely limiting U.S.-produced products. In the short term, at least, import taxes on Canadian, Mexican and Chinese products would ultimately be paid by U.S. consumers.

    Although this round of tariff threats may seem arbitrary to some, the Trump administration says it considers tariffs deeply intertwined with national security concerns. Stephen Miran, Trump’s pick to chair the president’s Council of Economic Advisers, has laid out a path for Trump’s tariff plan, which he says is aimed at putting American industry on fairer ground against the rest of the world.

    In the long term, it’s unclear whether Trump’s threatened trade war will bring domestic manufacturing back to the U.S. and start a new industrial renaissance. In the meantime, American consumers will likely be stuck holding the bag.

    Jason Reed 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. Trump’s opening tariff salvo will hurt US consumers − following through on Canada, Mexico threats will increase the price pain – https://theconversation.com/trumps-opening-tariff-salvo-will-hurt-us-consumers-following-through-on-canada-mexico-threats-will-increase-the-price-pain-248991

    MIL OSI – Global Reports –

  • MIL-OSI Asia-Pac: APEDA’s financial assistance schemes boosts 47.3% surge in India’s fruit and vegetable exports

    Source: Government of India (2)

    APEDA’s financial assistance schemes boosts 47.3% surge in India’s fruit and vegetable exports

    APEDA strengthens exporter growth with new schemes for infrastructure, quality, and market development

    India’s fruit and vegetable exports reach 123 countries, with 17 new market added in 3 years

    Posted On: 04 FEB 2025 7:58PM by PIB Delhi

    The Department of Commerce through Agricultural and Processed Food Products Export Development Authority (APEDA) provides financial assistance to its member exporters of APEDA from across the country, for export promotion of its Scheduled products, including for Fruits & vegetables, under Agriculture and Processed Foods Export Promotion Scheme of APEDA for the 15th Finance Commission Cycle (2021-22 to 2025-26) in following three broad areas:

    Scheme for infrastructure Development – Financial assistance for setting up of packhouse facilities with packing / grading lines, pre-cooling unit with cold storage and refrigerated transportation etc., cable system for handling of crops like banana, pre-shipment treatment facilities such as irradiation, vapor heat treatment, hot water dip treatment and common infrastructure facilities, reefer vans and missing gap in the existing infrastructure of individual exporters.

    Scheme for Quality Development – Financial assistance for purchase of laboratory testing equipment, installation of quality management system, handheld devices for capturing farm level coordinates for traceability and testing of water, soil, residues and pesticides etc.

    Scheme for Market Promotion – The assistance covers participation of exporters in international trade fairs, organizing buyer seller meets and developing packaging standards for new products and upgrading the existing packaging standards.

    The details of financial assistance guidelines are available at APEDA Website www.apeda.gov.in under the “Scheme” tab.

    As a result of these initiatives, there has been a growth of 47.3%, in the volume of exports of fruits and vegetables between the period 2019-20 to 2023-24.

    Export data of fruits and vegetables in last five years

    		  

     

    		  

    Country: All

     

    		  

    Product: Fresh Fruits & Vegetables

     

    		  

     

    Value In USD Million

    Qty In Thousand MT

     

    		  

    Products

    2019-20

    2020-21

    2021-22

    2022-23

    2023-24

    2019-20

    2020-21

    2021-22

    2022-23

    2023-24

     

    		  

    Fresh Fruits & Vegetables

    1,282.43

    1,342.13

    1,527.63

    1,635.95

    1,814.58

    2,659.48

    3,148.08

    3,376.25

    4,335.68

    3,911.95

     

    		  

    Source: DGCIS

     

    		  

     

    Growth in terms of Volume in the last five years =47.30%

    Growth in terms of Value in the last five years= 41.50 %

    The Government maintains the record of total exports of fruits and vegetables from India. The export figures of States are compiled on the basis of the State-of-Origin code reported by the exporters in the shipping bills. Thus, the state wise data of exports of Fruits and vegetables is not available as the same is not validated by DGCI&S. However, the major states producing Fruits and vegetables are Uttar Pradesh, Madhya Pradesh, West Bengal, Maharashtra, Andhra Pradesh, Gujarat, Bihar, Tamil Nadu, Odisha, Karnataka.

    India’s Export of Mango and Onion to World (By Variety)

    Product

    Variety

    USD Million

    Qty in MT

    2019-20

    2020-21

    2021-22

    2022-23

    2023-24

    2019-20

    2020-21

    2021-22

    2022-23

    2023-24

    Mango

    Other Mangoes

    0.00

    25.42

    23.48

    33.26

    36.18

    0.00

    15795.09

    17448.90

    17257.28

    23786.16

    Kesar

    0.00

    2.92

    6.91

    4.97

    11.25

    0.00

    983.73

    2319.08

    1749.97

    3787.01

    Alphonso (Hapus)

    0.00

    6.08

    10.09

    7.84

    8.68

    0.00

    3195.86

    5994.86

    2829.76

    2673.39

    Banganapalli

    0.00

    1.46

    3.01

    2.00

    3.20

    0.00

    830.55

    1674.04

    856.91

    1081.68

    Chausa

    0.00

    0.05

    0.05

    0.03

    0.24

    0.00

    40.98

    25.64

    19.72

    488.26

    Langda

    0.00

    0.08

    0.16

    0.12

    0.19

    0.00

    48.99

    122.16

    70.02

    81.94

    Dasheri

    0.00

    0.09

    0.11

    0.06

    0.17

    0.00

    49.50

    75.92

    34.70

    75.54

    Totapuri

    0.00

    0.07

    0.17

    0.20

    0.16

    0.00

    47.47

    151.01

    116.60

    91.95

    Mallika

    0.00

    0.03

    0.09

    0.06

    0.07

    0.00

    41.40

    61.16

    28.81

    38.17

    Mangoes , Fresh/Dried,

    56.11

    0.00

    0.00

    0.00

    0.00

    49658.68

    0.00

    0.00

    0.00

    0.00

    Total Mangoes

    56.11

    36.20

    44.07

    48.54

    60.14

    49658.68

    21033.57

    27872.77

    22963.77

    32104.10

    Onion

    Other Onions Fresh of Chilled

    0.00

    0.00

    0.00

    0.00

    434.78

    0.00

    0.00

    0.00

    0.00

    1606683.97

    Rose Onions Fresh of Chilled

    0.00

    0.00

    0.00

    0.00

    38.94

    0.00

    0.00

    0.00

    0.00

    110755.38

    Onions, Fresh/Chilled

    324.20

    378.49

    460.56

    561.38

    0.00

    1149896.84

    1578016.57

    1537496.85

    2525258.35

    0.00

    Total Onions

    324.20

    378.49

    460.56

    561.38

    473.72

    1149896.84

    1578016.57

    1537496.85

    2525258.35

    1717439.35

     

    Source: DGCIS

     

    Note :- ITC HS Code with (*) mark of the Commodity is either dropped or re-allocated

     

    In FY 2023-24, India’s exports of Fresh Fruits and Vegetables reached 123 countries. In the last 3 years, Indian fresh produce entered 17 new markets, some of which are Brazil, Georgia, Uganda, Papua New Guinea, Czech Republic, Uganda, Ghana etc. This has been achieved through a host of measures such as participation in international trade fairs, actively pursuing market access negotiations, organizing buyer seller meets etc.

    Department of Commerce is working in close coordination with the MoA&FW in prioritizing agriculture products for market access negotiations to reach new markets. As a result, India has achieved new market access in following commodities in the last three years:

    • Indian Potatoes and Onions in Serbia
    • Baby corn and fresh banana in Canada
    • Pomegranate arils in Australia, USA, Serbia, and New Zealand
    • Whole pomegranates in Australia via Irradiation treatment

     

    The barriers in accessing new markets differ from product to product and are dynamic in nature. Some of the major barriers in accessing new markets for fruits & vegetables are:

    • Long geographic distance from India raising the costs of logistics.
    • Delay in grant of market access by importing countries for certain products.
    • Stringent Phyto-sanitary requirements imposed by some importing countries.
    • Delay in registration of enterprises in certain countries.

    To address the above issues, various steps are being taken by the Department of Commerce:

    • For expand market access to our products, MoA&FW & APEDA have identified key products and key countries for intensifying market access negotiations.
    • Development of Sea protocols for horticulture products to reduce logistic expenses and to enable larger volume of exports.
    • Regular follow up with the counterpart authorities of importing countries with support of our Missions abroad for registration of facilities and market access negotiations.
    • For meeting stringent Phyto-sanitary requirements, setting up of traceability system and a system of farmer and facility registration.

    ***

    Abhishek Dayal/Abhijith Narayanan/Asmitabha Manna

     

     

    (Release ID: 2099814) Visitor Counter : 20

    MIL OSI Asia Pacific News –

  • MIL-OSI Security: Ashmore — Meteghan RCMP charges two people after search warrant execution

    Source: Royal Canadian Mounted Police

    Meteghan RCMP has charged two people in relation to a drug trafficking investigation.

    On January 29, Meteghan RCMP, with assistance from Digby RCMP, the Yarmouth General Investigative Section, and Police Dog Services, executed a search warrant on a residence in Ashmore.

    At the home, officers safely arrested a man and a woman and seized a quantity of cocaine, methamphetamine, unstamped cigarettes, and cash. Two handguns, one pellet rifle, three pellet guns, a digital scale, and cellular phones were also seized.

    Benjamin Julian Davis Carpenter, 36, and Kassidy Marie Carpenter, 27, both of Ashmore, have been charged with:

    • Possession for the Purpose of Trafficking (cocaine)
    • Possession for the Purpose of Trafficking (methamphetamine)
    • Possession of Weapon for Dangerous Purpose
    • Selling, etc., of Tobacco Products and Raw Leaf Tobacco
    • Possession of Tobacco Product not Stamped (Excise Act)

    Both Benjamin Carpenter and Kassidy Carpenter were released on conditions pending a first appearance in Digby Provincial Court on April 7.

    Nova Scotians are encouraged to contact their nearest RCMP detachment or local police to report crime, including the illegal sale of drugs, in their communities. Anonymous tips can be made by calling Nova Scotia Crime Stoppers, toll-free, at 1-800-222-TIPS (8477), submitting a secure web tip at www.crimestoppers.ns.ca, or using the P3 Tips app.

    MIL Security OSI –

  • MIL-OSI Security: Carry the Kettle Nakoda Nation — Saskatchewan RCMP: increased police presence on Carry the Kettle Nakoda Nation

    Source: Royal Canadian Mounted Police

    Saskatchewan RCMP and File Hills First Nation Police Service advise there is an increased police presence on Carry the Kettle Nakoda Nation in relation to an ongoing investigation. People are asked to avoid the areas where police officers are present and follow any police direction provided.

    We will provide an update on this investigation as soon as we are able.

    If an imminent risk to public safety is identified, we will notify the public.

    MIL Security OSI –

  • MIL-OSI Canada: Minister’s statement on lives lost to toxic drugs in 2024

    Source: Government of Canada regional news

    Josie Osborne, Minister of Health, has released the following statement about the BC Coroners Service report on illicit drug toxicity deaths in 2024: 

    “Today, we acknowledge the 2,253 people in British Columbia who lost their lives to poisoned drugs in 2024. Behind every number is a child, parent, sibling, friend or neighbour, and their loss is felt deeply by those who knew and loved them. The toxic-drug crisis also continues to take a heavy toll on the people working on the front lines who care for and support many of the people we’ve lost. We must continue to work together to prevent further heartbreak and save lives.

    “This public health emergency touches every corner of our province. Addiction can be influenced by many factors, including housing challenges, the cost of living, mental and physical pain, and intergenerational trauma. By addressing these issues openly and expanding supports, we can help reduce the stigma around substance use and encourage individuals to seek help rather than struggle in addiction.

    “Although there is a decrease in deaths, 152 in November 2024 and 147 in December 2024, this in no way diminishes grief that permeates our communities.

    “Our government is continuing to expand mental-health and addictions care, including early intervention and prevention, harm reduction, treatment and recovery services, support and complex-care housing, and more. We are building up a seamless system of care so everyone, no matter where they live or what their circumstances, has access to the care they need.

    “Most recently, we announced more substance-use treatment beds in communities throughout the province so more people can get the support they need. These beds are part of a record expansion of mental-health and substance-use care for those who need it most, including underserved groups and those in rural and remote communities. 

    “We know there is still more to do. By working together and continuing to expand life-saving services, more people can find their pathway to recovery.”

    Learn More:

    For more information about mental-health and substance-use supports in B.C., visit: https://helpstartshere.gov.bc.ca/

    To learn how B.C. is building better mental-health and addictions care, visit: https://gov.bc.ca/BetterCare

    MIL OSI Canada News –

  • MIL-OSI Asia-Pac: Import of poultry meat and products from areas in Hungary, Canada, Korea and Poland suspended

    Source: Hong Kong Government special administrative region

    Import of poultry meat and products from areas in Hungary, Canada, Korea and Poland suspended
    Import of poultry meat and products from areas in Hungary, Canada, Korea and Poland suspended
    ******************************************************************************************

         The Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department announced today (February 4) that in view of notifications from the Ministry of Agriculture of Hungary, the World Organisation for Animal Health (WOAH) and the General Veterinary Inspectorate of Poland about outbreaks of highly pathogenic H5N1 avian influenza in areas in Hungary, Canada and Korea; and outbreaks of highly pathogenic avian influenza and highly pathogenic H5N1 avian influenza in areas in Poland respectively, the CFS has instructed the trade to suspend the import of poultry meat and products (including poultry eggs) from the relevant areas with immediate effect to protect public health in Hong Kong.     The relevant areas are as follows:     Hungary—-(1) Heves County(2) Pest CountyCanada—-Province of Ontario(3) Wellington CountyKorea—-Jeollanam-do Province(4) Damyang-gunGyeongsangnam-do Province(5) Geochang-gunChungcheongnam-do Province(6) Dangjin-siPoland—-Podkarpackie Region(7) Ropczycko-Sędziszowski DistrictŁódzkie Region(8) Zgierski DistrictWielkopolskie Region(9) Kolski District(10) Kępiński District(11) Kalisz DistrictLubuskie Region(12) Nowa Sól District     A CFS spokesman said that Hong Kong has currently established a protocol with Hungary for the import of poultry meat but not for poultry eggs. According to the Census and Statistics Department, Hong Kong imported about 300 tonnes of frozen poultry meat from Hungary; about 400 tonnes of frozen poultry meat from Canada; about 80 tonnes of chilled and frozen poultry meat, and about 21.9 million poultry eggs from Korea; and about 6 600 tonnes of frozen poultry meat from Poland last year.     ​”The CFS has contacted the Hungarian, Canadian, Korean and Polish authorities over the issues and will closely monitor information issued by the WOAH and the relevant authorities on the avian influenza outbreaks. Appropriate action will be taken in response to the development of the situation,” the spokesman said.

     
    Ends/Tuesday, February 4, 2025Issued at HKT 19:52

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI Security: La Loche — La Loche RCMP asks public to report sightings of Darcy Herman

    Source: Royal Canadian Mounted Police

    La Loche RCMP is actively working to locate and arrest 28-year-old Darcy Herman, who is wanted on multiple warrants.

    Herman is wanted for charges including assault, failing to comply with a release order and failing to attend court.

    The release order and court appearances are in relation to charges including resisting a peace officer, uttering threats and unauthorized possession of a firearm.

    Investigators believe Herman is in the La Loche and/or Turnor Lake area and is actively evading arrest.

    They ask that members of the public report all sightings of Herman and information on his whereabouts.

    Herman is described as approximately 5’11” and 160 lbs. He has black hair and brown eyes. He typically has some facial hair. There is a tattoo of cursive writing on the left side of his neck.

    If you see him, do not approach him. Contact La Loche 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-OSI Video: That lake ice is snow joke! #Icebreaker #greatlakes #Manitoulin

    Source: US Coast Guard (video statements)

    Last month the U.S. Coast Guard cutters Bristol Bay (WTGB 102) and Neah Bay (WTGB 105), along with the Canadian Coast Guard Ship Samuel Risley, broke the freighter Manitoulin free from the ice, allowing the ship to continue its travels.

    The U.S. Coast Guard continues to conduct icebreaking missions throughout the Great Lakes to ensure maritime safety and protect our nation’s maritime transportation system.

    Follow @uscggreatlakes for more posts and imagery out of the Great Lakes Region!

    #greatlakes #USCG #coastguard #breaktheice

    https://www.youtube.com/watch?v=iqqzEKTHtQQ

    MIL OSI Video –

  • MIL-OSI Canada: BC Coroners Service shares 2024 data into unregulated drug toxicity deaths

    Source: Government of Canada regional news

    Reporting from the BC Coroners Service shows the continued impact of unregulated drug toxicity in communities throughout the province in 2024, with 2,253 lives lost last year.

    The cumulative number of unregulated drug deaths represents a 13% decrease from the number of deaths in 2023 and is less than the annual figure from any of the previous three years. The rate of death in 2024 was 40 per 100,000 people, compared with 47 per 100,000 in 2023, 45 per 100,000 in 2022 and 44 per 100,000 in 2021.

    “The information collected by our coroners during their investigations into unregulated drug toxicity deaths, indicates a decline in fatalities over the last several months of 2024. This is consistent with reporting from other jurisdictions in Canada and internationally,” said Dr. Jatinder Baidwan, chief coroner. “This doesn’t mitigate the fact that 2,253 members of our communities died in 2024, leaving behind grieving loved ones, friends, colleagues and teammates. Our thoughts are with all of those many, many people who have been touched by this crisis.”

    In 2024, about seven in every 10 decedents were between the ages of 30 and 59, and nearly three-quarters were male. The rate of death among females in 2024 is 20 per 100,000. This is an increase of 65% from 2020 (13 per 100,000) and a slight reduction from 2023 (21 per 100,000).

    As in years prior, the drug-toxicity crisis affected cities of all sizes in 2024. By Local Health Area, the highest rates of death per 100,000 were in Vancouver-Centre North (422), Lillooet (116), Greater Campbell River (109), Terrace (109) and Prince George (103).  

    Fentanyl and its analogues continue to be the primary driver of unregulated drug toxicity deaths in B.C., detected in 78% of expedited toxicological testing in 2024. Cocaine (52%), fluorofentanyl (46%), methamphetamine (43%) and bromazolam (41%) were the other most common substances detected in expected toxicology. It’s important to note that the data from the report is preliminary and subject to change as additional toxicology results are received and investigations are concluded.

    Since the public health emergency was first declared in April 2016, the lives of at least 16,047 people in B.C. have been lost to unregulated drug toxicity.

    Learn More:

    November and December 2024 unregulated drug toxicity deaths: https://app.powerbi.com/view?r=eyJrIjoiMDEwZjVlNmQtYWE2YS00YWZkLWE2MzEtNzE5MTdhNjhkMTE3IiwidCI6IjZmZGI1MjAwLTNkMGQtNGE4YS1iMDM2LWQzNjg1ZTM1OWFkYyJ9

    Youth Unregulated Drug Toxicity Deaths, 2019-2023: https://www2.gov.bc.ca/assets/gov/birth-adoption-death-marriage-and-divorce/deaths/coroners-service/statistical/youth_unregulated_drug_toxicity_deaths_in_bc_2019-2023.pdf

    BC Coroners Service Death Review Panel: An Urgent Response to a Continuing Crisis: https://www2.gov.bc.ca/assets/gov/birth-adoption-death-marriage-and-divorce/deaths/coroners-service/death-review-panel/an_urgent_response_to_a_continuing_crisis_report.pdf

    B.C. Ministry of Health mental-health and substance-use supports: https://helpstartshere.gov.bc.ca/

    BC Centre on Substance Use: https://www.bccsu.ca

    MIL OSI Canada News –

  • MIL-OSI: Terren S. Peizer, through Humanitario Capital LLC, Acquires Proportionate Voting Shares and Proportionate Voting Share Warrants of Inspire Semiconductor Holdings Inc.

    Source: GlobeNewswire (MIL-OSI)

    DORADO, Puerto Rico and VANCOUVER, British Columbia , Feb. 04, 2025 (GLOBE NEWSWIRE) — This news release is issued by Terren Peizer (“Mr. Peizer”) pursuant to the early warning requirements of Canada’s National Instrument 62-104 and National Instrument 62-103 with respect to proportionate voting shares (“PVS”) and proportionate voting share warrants (“PVS Warrants”) of Inspire Semiconductor Holdings Inc. (the “Issuer”).

    Mr. Peizer announces that, through his wholly owned corporation, Humanitario Capital LLC. (“Humanitario”), he has acquired PVS and PVS Warrants in connection with the conversion (the “Conversion”) of a C$10,000,000 loan made to the Issuer pursuant to a loan agreement dated September 23, 2024. The issuance of the securities described hereby was entirely contingent upon the delisting of the Issuer’s subordinate voting shares (“SVS”) from the TSX Venture Exchange which occurred on December 31, 2024.

    Pursuant to the Conversion, Humantario was issued 740,740.74 PVS and 740,740 PVS Warrants representing approximately 26.78% of the issued and outstanding SVS on a basic basis and approximately 42.25% of the issued and outstanding SVS on a partially-diluted basis, after giving effect only to the exercise of the PVS Warrants held by Humanitario.

    Each PVS is convertible at the option of the holder in 100 SVS pursuant to the Issuer’s articles. Each of the foregoing percentages assumes the conversion of all issued and outstanding PVS to SVS.

    Mr. Peizer (through Humanitario) acquired the Shares for investment purposes and may, depending on market and other conditions, increase or decrease his beneficial ownership, control, or direction over securities of the Issuer through market transactions, private agreements, treasury issuances, exercise of warrants, or otherwise.

    For further information and to obtain a copy of the early warning report filed under applicable Canadian provincial and territorial securities legislation in connection with the transactions described herein, please go to the Issuer’s profile on the SEDAR+ website (www.sedarplus.ca) or contact the Company at invest@inspiresemi.com

    The MIL Network –

  • MIL-Evening Report: Climate-affected produce is here to stay. Here’s what it takes for consumers to embrace it

    Source: The Conversation (Au and NZ) – By Liudmila Tarabashkina, Senior Lecturer, The University of Western Australia

    Joanna Dorota/Shutterstock, Zoom Team/Shutterstock, The Conversation

    The economic cost of food waste in Australia is staggering. It’s estimated $36.6 billion is lost to the economy every year. Much of our fresh produce never even makes it to stores, rejected at the farm gate due to cosmetic reasons, such as its appearance, size or ripeness.

    We’ve known about this problem for a long time, which has given rise to the “ugly” food movement. Once-rejected produce has been rebranded as “wonky” in the UK, “inglorious” in France, “naturally imperfect” in Canada or an “odd bunch” in Australia.

    While the existence of these campaigns is commendable, there’s another major marketing challenge if we want to reduce food waste – acceptance of climate-affected produce.

    Broadly speaking, this refers to produce affected by extreme or moderate weather events. Droughts are an example of such climate events, predicted to become more intense and frequent as a result of global climate change.

    Climate-affected produce resembles “ugly” food as it is often smaller, misshapen or has surface imperfections.

    Climate-affected produce often has a lot in common with ‘ugly’ fruit, but may also differ in taste and texture.
    Alexey Borodin/Shutterstock

    But in contrast to “ugly food”, the taste and texture of climate-affected produce can be quite different.

    Under the effects of drought, apples may become sweeter and more granular, chillies hotter and onions more pungent. In the case of mild or moderate droughts, such produce is still edible.

    Our recent research points to some uncomfortable truths. Many consumers prefer to avoid climate-affected produce altogether. And when price is a factor, they won’t choose it without a discount.

    But our research also offers suggestions on how purchases of such produce could be encouraged – including marketing messages that highlight the “resilience” of climate-affected produce.

    Our research

    We carried out two discrete choice experiments with consumers who buy fresh fruit and vegetables. One sample was drawn from among Australian students, the other from members of the wider Australian population.

    Participants were shown eight different apple options simulating a shopping environment, which were described with a range of different attributes including firmness, sweetness, appearance and size.

    The apples were also labelled with a price tag and information on whether they were sold at a supermarket or farmers’ market. All climate-affected apples were presented with a “resilience” message: “resilient apple – survived the drought”.

    We sought to examine how produce’s “organoleptic” properties – the way it impacts our different senses – as well as levels of empathy toward the farmers impact consumers’ willingness to choose climate-affected produce, and how much they’d pay for it.

    Drought can make apples sweeter, smaller, and less firm.
    The Conversation, Natthapol Siridech/Shutterstock, PickPik

    A preference for perfect

    We found when an apple’s firmness, size and aesthetics were important and empathy towards farmers was low, consumers tended to avoid climate-affected produce. They instead chose unaffected alternatives at higher prices (no such effect was observed for sweetness).

    This finding might not be surprising, but it’s still cause for concern. If farmers cannot repurpose climate-affected produce into spreads, jams, smoothies or animal feed, it can’t enter supply chains and may end up as waste.

    Previous campaigns for “ugly” fruit and vegetables may not offer much help with this problem, either. These campaigns emphasise the unaffected taste and texture of the produce. Marketing climate-affected produce needs a different approach.

    Otherwise, we expect a discount

    When price was important to consumers, they chose climate-affected produce, regardless of their levels of empathy toward farmers. But they were only willing to pay discounted prices for it.

    That might seem like a more positive outcome. But consumer expectations that climate-affected produce will always be discounted may disadvantage farmers with lower profit margins and diminish its value as a still-usable resource.

    Getting climate-affected (but still edible) produce into supply chains can help reduce food waste.
    Ekaterina Pokrovsky/Shutterstock

    The power of “resilience” messaging

    Importantly, we found when the “resilience” message resonated with consumers, they were more inclined to consider climate-affected apples. This was true even when their empathy towards farmers was low.

    This suggests that when empathy fails, leveraging marketing messages that highlight “resilience” could be another avenue worth exploring.

    Our research team is now exploring what types of “resilience” messages can encourage purchases of climate-affected produce.

    Australians have been conditioned for many years to expect only aesthetically pleasing fruit and vegetables.

    Given extreme weather events are unlikely to become less frequent in the future, climate-affected produce is likely here to stay. If we want consumers to embrace it, we need to have uncomfortable conversations around its different taste and texture, and rethink what we’re willing to accept.

    This research was supported by the University of Western Australia Business School Future Fund Research Grant.

    – ref. Climate-affected produce is here to stay. Here’s what it takes for consumers to embrace it – https://theconversation.com/climate-affected-produce-is-here-to-stay-heres-what-it-takes-for-consumers-to-embrace-it-248776

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Global: The UK would be lucky to avoid US tariffs – but a global trade war would hurt everyone

    Source: The Conversation – UK – By Renaud Foucart, Senior Lecturer in Economics, Lancaster University Management School, Lancaster University

    Below the Sky/Shutterstock

    The first weeks of the Donald Trump’s administration have been marked by a flurry of announcements and U-turns on US trade policy.

    One of the first decrees centred on Trump’s favourite word: tariffs. He announced that US consumers and businesses would be taxed an extra 25% when they bought Canadian or Mexican products. (Canadian oil got off more lightly, with a 10% tariff.)

    But because this is Donald Trump we’re talking about, it later emerged that none of this was actually happening, for now. It might be next month, or later, or maybe not at all.

    However, US residents definitely face an additional 10% on the cost of products from China. There is also a plan for a 100% tax on semiconductors from Taiwan.

    And President Trump announced new import taxes will “definitely happen” on products from the European Union. If these do ever come to pass, it’s possible there may be a better deal for the UK.

    The reason for the possible Great British exemption from new US import taxes is that the stated goal of these taxes is to reduce the US trade deficit. This deficit refers to the fact that the US buys much more from the rest of the world than the rest of the world buys from it.

    And, depending on how we measure the financial flows coming in and out of tax havens such as the British Virgin Islands, the UK is one of the few countries in a position to make the case that it actually has a trade deficit with the US (the UK buys more from the US than the US buys from it).

    What about consumers?

    Being able to avoid new US tariffs would be very good news for the UK. If the US imposed import taxes on UK products and services, it would be bad for their consumers, who end up paying more. But it would also be bad for UK industry. Moreover, the UK would likely retaliate and tax US products, ultimately hurting British consumers as well.

    In theory, the UK miraculously escaping new US import taxes might even mean it indirectly benefits from a trade war between the US and the EU. If the UK can sell and buy more cheaply to both sides while they tax each other, it becomes more competitive. The UK would also get its imports more cheaply, and international businesses may want to establish subsidiaries in the UK.

    It is interesting to imagine a world in which a medium-sized, free trade supporting country like the UK ends up the winner of a global commercial war between its two most important trading partners.

    Things are not that simple however. Research shows that a major impact of tariffs is changes in global supply chains.

    As the UK has learned the hard way with Brexit, modern supply chains are increasingly interconnected. British exports are typically made with components from the European continent, which are themselves made with Chinese inputs.

    Additional costs anywhere in the chain result in more expensive products. Moreover, it is not clear that UK products made with EU and Chinese components would be exempt from US import tax.

    Disruption to supply chains could force up the cost of UK exports.
    Peter Titmuss/Shutterstock

    This is a global problem. For every final product a UK consumer ends up buying, there are many firms trying to source the best possible components and materials to make it with. If the US levies a 100% tax on chips and semiconductors from Taiwan, this means that products from the US tech industry will become more expensive for UK firms to use. This is even more pertinent given that China has retaliated to the new 10% US tax on its products by limiting the export of metals the US uses to produce its own chips.

    In this way it is easy to underestimate how sensitive supply chains are to small shocks, and what the butterfly effect of a trade war between two other countries might be on products bought and sold in the UK. So, while the UK would definitely be better off not being subject to US taxes, the main focus should be on helping to avoid global trade wars.

    How to do this is not clear, because no one seems to understand what Trump really wants from his tariffs. One theory is that he wants to pass for a madman and bully other countries into committing to buy more US-manufactured products.

    Or, in the case of Europe, to increase military spending by buying more US military equipment. In that case, tariffs would be short-lived and the impact limited. It will simply increase the incentives for international firms not to depend too much on the US.

    Or perhaps Trump really has no idea what he is doing, seemingly pursuing the two opposing goals of keeping domestic prices low while attempting to reduce its trade imbalance with ever-increasing import taxes. In that case, the consequences for consumers all over the world would be very bad. This is in part because of the effect on supply chains, but also because when the US economy is in bad shape the entire world suffers.

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

    – ref. The UK would be lucky to avoid US tariffs – but a global trade war would hurt everyone – https://theconversation.com/the-uk-would-be-lucky-to-avoid-us-tariffs-but-a-global-trade-war-would-hurt-everyone-248963

    MIL OSI – Global Reports –

  • MIL-OSI: Innovate BC and NRC IRAP Invest $1.5M to Support 12 Cleantech Innovation Pilot Projects in British Columbia

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, Feb. 04, 2025 (GLOBE NEWSWIRE) — Through the BC Fast Pilot program, Innovate BC and the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) are investing a combined total of $1.5M in funding across twelve B.C.-based companies to pilot innovation projects. Projects areas include wildfire management, critical minerals, water treatment, artificial intelligence and data analytics in applications to clean technology and agriculture, and more. The funding will support pilot testing for new technologies.

    “Through BC Fast, local companies have the opportunity to show what they are capable of by creating new technology solutions to the challenges we’re facing in public health, resource management and so much more,” said Diana Gibson, Minister of Jobs, Economic Development and Innovation. “I look forward to watching these companies grow by selling to local and diversified international markets, and increase global awareness of the talent and business opportunities available in the B.C. tech ecosystem and our rapidly expanding knowledge economy.”

    The BC Fast Pilot program helps regional small-medium sized enterprises design, build, and operate a pilot plant or small demonstration of their technology in real-world conditions. This allows B.C. technology companies to demonstrate the impact of their product, measure the value of their solution, and encourage customer adoption, with the goal of scaling their solutions while strengthening key industries, solving local and global challenges, and driving prosperity for British Columbians.

    “Innovation transforms industries and helps them remain competitive in global markets, and through the BC Fast Pilot program, we’re supporting the growth of B.C. companies creating new solutions that aim to do just that,” said Peter Cowan, President + CEO of Innovate BC. “This year’s recipients, which are addressing critical areas such as emission reduction, wildfire management, and health sciences, emphasize the immense value in advancing entrepreneurship and the impact of innovation in creating a more prosperous, future-ready British Columbia. We’re proud to deliver this initiative in partnership with NRC IRAP, strengthening the region’s innovation economy and cementing B.C.’s reputation as a global leader in technology.”

    Projects funded through this round of BC Fast Pilot are working to provide innovative solutions in support of high-impact sectors such as sustainability, resource management and public health, emphasizing pilot testing to validate effectiveness and scalability. One of this year’s recipients, FireSwarm Solutions, is working to enhance wildfire detection and management through advanced drone technology and is being piloted in Squamish. joni, piloting their project in both Victoria and Richmond, are addressing menstrual care accessibility in public spaces with an IOT-enabled technology.

    This is the sixth round of funding through the BC Fast Pilot program, which was launched in 2019. Since the program’s inception, and including this year’s awardees, $11.4M has been invested into 87 B.C. pilot demonstrations.

    “Through the BC Fast Pilot program and our partnership with Innovate BC, we are supporting Canadian innovators in bringing their ideas to life,” says Mitch Davies, President, National Research Council of Canada. “By enabling companies to demonstrate their technologies in practical applications, we are helping them gather valuable market insight. This in turn brings them closer to customer adoption, and to providing innovative cleantech solutions to address current challenges.”

    Previous program participants include Open Ocean Robotics, which, since receiving funding in 2019/20, has partnered with the Royal Canadian Navy on marine innovation, expanded to Canada’s east coast, secured $800,000 from PacifiCan’s Business Scale-up and Productivity program, and landed major contracts with the National Oceanic and Atmospheric Administration (NOAA). Similarly, pH7 Technologies, a 2022/23 participant, secured $1.5M from PacifiCan, raised $16M USD in a Series A round, and was recognized as one of the Global Cleantech 100 companies in 2024 and 2025.

    This funding prioritizes regional projects, with a focus on cleantech and projects that involve physical installations and are capital intensive in nature, and those that involve Indigenous communities or organizations.

    To view and download digital assets relating to this announcement, please click here.

    Media Contact

    Michael Gleboff
    Communications + Community Manager
    mgleboff@innovatebc.ca 
    604-602-5210

    About Innovate BC

    A Crown Agency of British Columbia, Innovate BC works to foster innovation across the province and bolster the growth of the local economy through delivering a wide range of programs that help companies start and scale, access talent and encourage technology development, commercialization, and adoption. Innovate BC also harnesses crucial data collection and research, and works to forge strategic industry and community partnerships that create more opportunities for B.C. innovators.

    Learn More

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/eb5a1d30-493a-444a-aa44-ce1dd59987cf

    The MIL Network –

  • MIL-OSI Canada: Empowering Albertans with disabilities

    [. Albertans with disabilities and the organizations that support them have said loud and clear they want supports that meet their unique needs and abilities, rather than the current one-size-fits-all solution.

    In response to that request, Alberta’s government is creating a new Alberta Disability Assistance Program (ADAP), which will launch in July 2026. This new benefit program for people with disabilities will empower Albertans with disabilities to pursue fulfilling job opportunities while continuing to receive the benefits they need.

    “People with disabilities should not be punished for getting a job. Every dollar they earn on a paycheque should be helping make them better off, not threatening their access to the medication they need. That’s why I am excited to announce the new Alberta Disability Assistance Program, and I look forward to seeing the positive impact that it will have on Albertans with disabilities.”

    Jason Nixon, Minister of Seniors, Community and Social Services

    ADAP was thoughtfully designed based on input from Albertans with disabilities, who stressed the importance of providing pathways to employment for individuals who are able to work but still need supports. Albertans on ADAP will be able to earn more from working while continuing to receive their financial benefits, with higher earning exemptions than any other program. Those on ADAP will also be able to receive the health benefits they need, regardless of their employment income. This new program will ensure more Albertans with disabilities can enjoy the benefits of working like earning a paycheque, developing skills and building relationships, while still receiving supports that meet their unique needs and abilities.

    “I strongly believe in empowering persons with disabilities to reach their full potential, and I also strongly believe that all people deserve to pursue their goals and aspirations without barriers. By creating this program, the province is making it easier for Albertans to find success. ADAP will truly help to improve the quality of life of persons with disabilities, and I look forward to seeing the positive impact of this new program.”

    Greg McMeekin, Alberta’s advocate for persons with disabilities

    Through ADAP, Albertans with disabilities will not only receive the financial and health benefits they rely on, but they will also have access to the resources and tools they need to gain new skills and work to their full potential. To support this, Alberta’s government will be investing more to expand employment supports and encourage private sector employers to break down barriers to employment for people with disabilities. By providing pathways to employment for individuals who are able to work but still need supports, Alberta’s government is empowering people with disabilities to pursue their passions, leading to a greater sense of purpose and improved quality of life.

    “At Prospect Human Services, we’ve been helping individuals with disabilities build sustainable, well-paying careers for more than 60 years – and we know it’s possible. With ADAP, Alberta is breaking down the barriers that have long separated support from opportunity, creating a pathway for people to realize their full potential while maintaining essential benefits. We applaud the Alberta government for designing a flexible initiative that offers stability and empowers Albertans with disabilities to embrace the transformative power of employment.”

    Kevin McNichol, CEO of Prospect Human Services

    Alberta provides some of the most comprehensive supports in the country for people with disabilities, and the long-standing Assured Income for the Severely Handicapped (AISH) program will still be there for those with permanent and severe disabilities who are unable to work. Those currently on AISH will continue to receive their benefits, and applications will continue to be processed to ensure eligible applicants receive benefits as soon as possible. Alberta’s government is committed to ensuring that the province continues to have the best disability programs in Canada.

    “Today is a tremendous day that has been a long time coming. ADAP means faster access to more appropriate support and will be a significant step toward making Alberta the most accessible province in Canada. This will encourage participation and connection in our communities, while maintaining predictable, vital supports for every Albertan who needs them. We look forward to helping shape this groundbreaking program.”

    Jacob McGregor, chair of Premier’s Council for the Status of Persons with Disabilities

    Starting in July 2026, disability income assistance applicants will be assessed for both the new program and AISH, ensuring eligible applicants are placed in the program best suited to their unique situation. To make the medical assessment process quicker and more accessible, applicants will be connected with a roster of pre-qualified medical professionals who are able to complete their comprehensive medical assessment. Additionally, application approvals will be streamlined by establishing a new review panel made up of medical professionals with the expertise required to better understand the needs of applicants. These improvements will ensure Albertans with disabilities are able to get the supports they need sooner.

    “For many people with disabilities, employment isn’t just about earning a paycheck – it’s about purpose, independence and inclusion. This program can allow for new opportunities for individuals to contribute to their communities in ways that work for them.”

    Katherine Such, CEO of Easter Seals Alberta Society

    Quick facts

    • In 2024, the province invested more than $3.5 billion to support Albertans with disabilities, the highest amount ever.
    • The new Alberta Disability Assistance Program will become operational in July 2026.
    • Those currently on AISH will continue to receive their benefits.
      • All existing AISH clients will receive more information about the new program in March.
      • Clients can also contact their worker or Alberta Supports if they have questions or want additional information. 

    Related information

    • Alberta Disability Assistance Program
    • Fact sheet

    Multimedia

    • Watch the news conference

    MIL OSI Canada News –

  • MIL-OSI Canada: New prefabricated classrooms open in B.C., more on the way

    Source: Government of Canada regional news

    Prefabricated classrooms have opened in four schools over the past month, with more underway, adding more than 1,000 new student spaces in growing communities throughout B.C.

    “We are committed to providing students with the best possible learning environments,” said Lisa Beare, Minister of Education and Child Care. “These prefabricated additions will provide students with the spaces they need to succeed, and will benefit these communities for years to come.”

    The use of prefabricated construction means students will be learning in modern classrooms that are just like regular classrooms. With sustainable and energy-efficient designs, the additions also align with the Province’s CleanBC targets and meet B.C.’s enhanced energy requirements. Due to their unique build, prefabricated classrooms are more cost effective and can be built twice as fast as traditional schools. Since 2017, the Province has approved more than 42,000 new student spaces, with more than 2,400 open in just the past month.

    “These rapidly built additions are one way we are quickly getting new classroom spaces ready for students now, and we know the solution is working,” said Bowinn Ma, Minister of Infrastructure. “These additions get students into new classrooms faster, while still providing the same lifespan and comforts of a traditional school environment.”

    Newly opened prefabricated additions:

    • a 10-classroom, two-storey addition to Scott Creek Middle school in Coquitlam, adding 250 new student seats;
    • an eight-classroom addition at Lena Shaw Elementary school in Surrey, adding 200 new student seats;
    • a five-classroom addition at North Glenmore Elementary in Kelowna, adding 120 new student seats; and
    • a new five-room school and gymnasium at École La Grande-ourse in Smithers, which replaced the leased facility that École La Grande-ourse has been operating in since 2019; adding 70 new student seats.

    Prefabricated additions starting construction soon:

    • Dr. Charles Best Secondary in Coquitlam will get a 12-classroom addition, adding 300 new seats.
    • R.C. Talmey Elementary in Richmond will get a six-classroom addition, adding 150 new seats.

    The new Ministry of Infrastructure is mandated to reduce costs and expedite construction of projects such as schools and health-care facilities. Prefabricated additions to schools are one approach to deliver on the commitment. Since fall 2023, the Province has invested more than $475 million for 37 prefabricated additions, which will create almost 7,900 new student seats. This investment has been delivered in 17 school districts throughout B.C., including high-growth districts such as Langley, Surrey, Sooke and Burnaby.

    Quotes:

    Jen Renard, teacher, Scott Creek Middle school –

    “This space has been designed to be bright and welcoming, and it’s filled with natural light and equipped with brand-new furniture. It has modern learning areas that are perfect for fostering creativity and collaboration. This new environment is a much-needed addition to our school, providing an ideal setting for innovative learning, growth and community.”

    Michael Thomas, board chair, Coquitlam School District (SD43) –

    “SD43 employs cutting-edge research to develop projects like this addition at Scott Creek Middle. These prefabricated additions can be assembled quickly and efficiently to address our urgent need for more spaces to serve students.”

    Rick Glumac, MLA for Port Moody-Burquitlam –

    “As more families move to Coquitlam, our government is investing in infrastructure to support a growing community. We are making important upgrades and expansions to our schools, ensuring students have the spaces they need to learn and thrive.”

    Jennifer Blatherwick, MLA for Coquitlam-Maillardville –

    “As we welcome more families to Coquitlam, the new addition at Dr. Charles Best Secondary will ensure students have the learning environments they need to succeed. I am thrilled to see a project like this in our community.”

    Gary Begg, MLA for Surrey-Guilford –

    “The prefabricated addition at Lena Shaw Elementary is already making a difference to the Surrey community. As more people make Surrey their home, it’s crucial to develop and expand schools that will benefit children and families for years to come.”

    Learn More:

    For more information about K-12 School Capital Projects in B.C., visit: https://www2.gov.bc.ca/gov/content/education-training/k-12/administration/capital

    For more information about Health Capital Projects in B.C., visit: https://www2.gov.bc.ca/gov/content/health/accessing-health-care/capital-projects

    MIL OSI Canada News –

  • MIL-OSI: QCI Heatmap: A Modern Evolution of Classic Data Visualization with Cutting-Edge Technology

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, Feb. 04, 2025 (GLOBE NEWSWIRE) — Quick Custom Intelligence (QCI) is revolutionizing data exploration and visualization with the launch of QCI Heatmap, an advanced contour heatmapping tool that transforms the way casinos interact with slot performance data. This release represents a unique modernization of classic data visualization techniques, reimagined using state-of-the-art graphics processing, machine learning, and QCI’s proprietary intellectual property.

    A Modern Take on a Proven Approach

    Heatmapping has long been a valuable tool for understanding gaming floor performance, but traditional implementations were often limited by static visualizations, sluggish responsiveness, and an inability to scale dynamically. With QCI Heatmap, we have re-engineered these foundational techniques using modern high-performance rendering technology, GPU acceleration, and AI-driven insights, enabling real-time, interactive exploration at a level never seen before.

    According to Andrew Cardno, QCI’s CTO and a two-time Smithsonian Laureate for Heroism in Information Technology: “The fundamental principles of heatmapping have remained relevant for decades, but previous implementations lacked the speed, depth, and interactive flexibility needed for modern, data-driven decision-making. With today’s powerful graphics processing engines, we can now dynamically render images at over 60 frames per second, making QCI Heatmap the most responsive and flexible data exploration tool I’ve ever built. This new approach seamlessly integrates with the QCI Enterprise Platform, offering unparalleled real-time insights.”

    Patented IP Meets High-Speed Data Exploration

    QCI Heatmap is built on a unique combination of proprietary intellectual property (IP) and modern visualization technology, setting it apart from legacy heatmapping tools by:

    • Leveraging GPU Acceleration for real-time heatmap rendering, eliminating lag and increasing user engagement.
    • Integrating Machine Learning Algorithms to enhance pattern detection and predictive slot performance analysis.
    • Enhancing Customization & Flexibility, allowing casino operators to interactively explore multiple data layers and adjust visual perspectives instantly.

    Replacing QCI Slots View & Expanding Capabilities

    With the introduction of QCI Heatmap, QCI is retiring the legacy QCI Slots View module and elevating data visualization to the next level. This tool provides:

    – Full Gaming Floor Visibility – Real-time interactive overlays of slot performance, customer behavior, and revenue patterns.
    – Seamless Multi-Platform Use – Optimized for both desktop and iPad, ensuring a fluid experience across devices.
    – Advanced Metric-Driven Exploration – Deep integration with the QCI Enterprise Platform, unlocking multi-dimensional analysis for decision-makers.

    To ensure customers can fully leverage this next-generation tool, QCI College will offer specialized training courses on QCI Heatmaps, covering both desktop and iPad applications.

    Industry Leaders Praise QCI Heatmap’s Unprecedented Performance

    The impact of QCI Heatmap is already being felt across the industry. Tony Toohey, CEO of Gaming Dynamics, shared his experience: “The ability to see and interact with an entire gaming floor through a dynamic heatmapping tool is game-changing. Our Australian deployments have seen an overwhelmingly positive reception, and working alongside the QCI development team has ensured this tool delivers maximum impact upon release.”

    Pioneering the Future of Casino Data Visualization

    QCI Heatmap is more than just an update—it’s a paradigm shift in how casinos leverage visualization technology. By combining time-tested heatmapping concepts with modern rendering engines, AI, and proprietary QCI innovations, Quick Custom Intelligence has redefined what’s possible in gaming data exploration.

    The future of casino intelligence is visual, interactive, and powered by QCI Heatmap.

    ABOUT Gaming Dynamics
    Gaming Dynamics is a premier Australian distributor of gaming technology, offering advanced gaming solutions to businesses across the country. Through strategic partnerships with global leaders in the gaming industry, Gaming Dynamics is committed to staying at the forefront of technology and ensuring their clients have access to the best tools and insights to drive growth and success.

    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 The Bahamas. 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 Denver. 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.

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

    The MIL Network –

  • MIL-OSI: Pieridae to Hold Conference Call and Webcast to Discuss Fourth Quarter and Year-End 2024 Results

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN UNITED STATES

    CALGARY, Alberta, Feb. 04, 2025 (GLOBE NEWSWIRE) — Pieridae Energy Limited (“Pieridae” or the “Company”) (TSX: PEA) will release its financial and operating results for the 2024 fourth quarter and year-end, on Wednesday, March 19, 2025, after markets close.

    President & Chief Executive Officer Darcy Reding and Chief Financial Officer Adam Gray will discuss the financial results and company developments on an investor conference call and webcast on Thursday March 20, 2025, at 8:30 a.m. MDT / 10:30 a.m. EDT.

    To register to participate via webcast please follow this link:    

    https://edge.media-server.com/mmc/p/4gnbdki4

    Alternatively, to register to participate by telephone please follow this link:

    https://register.vevent.com/register/BI2b233016526f4daea915722f8796db53

    A replay of the webcast will be available two hours after the conclusion of the event and may be accessed using the webcast link above.

    ABOUT PIERIDAE

    Pieridae is a Canadian energy company headquartered in Calgary, Alberta. The Company is a significant upstream producer and midstream custom processor of natural gas, NGLs, condensate, and sulphur from the Canadian Foothills and adjacent areas in Alberta and in northeast British Columbia. Pieridae’s vision is to provide responsible, affordable natural gas and derived products to meet society’s energy security needs. Pieridae’s common shares trade on the TSX under the symbol “PEA”.

    For further information, visit www.pieridaeenergy.com, or please contact:

    Darcy Reding, President & Chief Executive Officer
    Telephone: (403) 261-5900

    Adam Gray, Chief Financial Officer
    Telephone: (403) 261-5900

    Investor Relations
    investors@pieridaeenergy.com

    The MIL Network –

  • MIL-OSI Security: Camrose, Wetaskiwin, and Leduc County — Wetaskiwin RCMP Crime Reduction Unit and Camrose Police Service conduct a two-day project focusing on repeat offenders

    Source: Royal Canadian Mounted Police

    The Wetaskiwin RCMP Crime Reduction Unit has concluded a two-day project focusing on active property crime offenders in the surrounding rural areas. During the project, Wetaskiwin RCMP officers worked in collaboration with RCMP officers from the Leduc Crime Reduction Unit, RCMP Air Services, and Camrose Police Service.

    On Nov. 27, 2024, Wetaskiwin RCMP Crime Reduction Unit officers located a stolen truck in Camrose. A tire deflation device was utilized to disable the vehicle, and the lone occupant was arrested.

    The vehicle had been stolen in Devon, Alta. on Oct. 26, 2024.

    RCMP charged a 39-year-old individual, a resident of Camrose County, with:

    • Fraudulent concealment;
    • Possession of property obtained by crime under $5000;
    • Offences under the Traffic Safety Act (x2).

    The 39-year-old individual was taken before a justice of the peace and remanded into custody with his next court date set for Dec. 11, 2024, at the Albert Court of Justice in Camrose.

    On Nov. 27, 2024 Camrose Police officers arrested repeat offender, a 57-year-old individual, a resident of Bawlf, Alta., for breaching a conditional sentence order. The 39-year-old individual was found to be in possession of methamphetamine and unstamped cigarettes.

    She has been additionally charged with:

    • Possession of a controlled substance;
    • Charge under the Tobacco Ta Act.

    The 39-year-old individual was taken before justice of the peace and remanded into custody with her next court date set for Dec. 11, 2024.

    On Nov. 28, 2024 officers from the Camrose Police Service located a stolen vehicle. Officers were able to safely stop the vehicle and arrest the driver.

    A 26-year-old individual, a resident of Camrose, has been charged with:

    • Possession of property obtained by crime over $5000;
    • Possession of property obtained by crime under $5000;
    • Mischief over $5000;
    • Possession of a controlled substance;
    • Charges under the Traffic Safety Act (x5).

    The 26-year-old individual was taken before a justice of the peace and released with her next court date set for Jan. 8, 2025, at the Albert Court of Justice in Camrose.

    On Nov. 28, 2024, officers from the Wetaskiwin Crime Reduction Unit were monitoring a property in Leduc County, Alta., known for prolific offenders and stolen property. Officers attempted a traffic stop on a vehicle, and the driver fled. The vehicle was disabled from a tire deflation device. The vehicle fled onto the property and the driver was arrested.

    A 28-year-old individual, a resident of Leduc County resident, has been charged with:

    • Flight from Peace Officer
    • Fraudulent concealment

    Additionally, the 28-year-old individual was arrested for outstanding warrants out of Edmonton which including breaking and entering.

    While on the property, police observed a stolen truck from Calmar, Alta. on Nov. 12, 2024. Officers obtained a search warrant for the property and seized the stolen truck.

    RCMP charged two individuals from the home a 58-year-old individual and a 32-year-old individual, they were charged with:

    • Possession of property obtained by crime over $5000;
    • Possession of property obtained by crime under $5000 (x2).

    Additionally, the 32-year-old individual had warrants for breaching a probation order.

    The 58-year-old individual was released from custody with her net court date set for Jan. 23, 2025, at the Alberta Court of Justice in Leduc.

    The 32-year-old individual was taken before a justice of the peace and remanded into custody with his next court date set in the future.

    “Coordinated enforcement efforts focusing on repeat offenders can be very effective,” says Cpl. John Learn, “having these kinds of successes working closely with our Camrose Police Services partners will no doubt foster more similar projects in the future.”

    Sgt. Scott Sveinbjornson of the Camrose Police Services emphasizes the importance of targeting prolific offenders and breaking down judicial boundaries to achieve successful outcomes. He notes that integrated efforts and close collaboration with the R.C.M.P. will remain key strategies for producing positive results in future projects.

    MIL Security OSI –

  • MIL-OSI Security: Prince Albert — Prince Albert RCMP: woman charged in relation to fatal rollover

    Source: Royal Canadian Mounted Police

    On August 4, 2024, Prince Albert RCMP received a report of a single vehicle rollover on Whitfield Road, in the RM of Buckland.

    Officers immediately responded. One adult female passenger was declared deceased by EMS at the scene. The adult female driver and an adult male passenger were taken to hospital with injuries described as non-life-threatening in nature.

    Prince Albert RCMP continued to investigate with the assistance of a Saskatchewan RCMP collision reconstructionist.

    As a result of continued investigation, an adult female was arrested in Prince Albert on January 22.

    33-year-old Destiny Michel from Prince Albert is charged with:

    – one count, operate a conveyance causing death, Section 320.13(3), Criminal Code;

    – one count, operate a conveyance with a blood alcohol concentration equal or greater than 80 mg/100 ml of blood, Section 320.14(3), Criminal Code; and

    – one count, operate a conveyance in a manner that was dangerous to the public, Section 320.13(3), Criminal Code.

    She is scheduled to appear in Prince Albert Provincial Court on February 13, 2025.

    MIL Security OSI –

  • MIL-OSI: Willis appoints Mike Giacobbe as Client Strategy Leader, Corporate Risk & Broking, North America

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 04, 2025 (GLOBE NEWSWIRE) — Willis, a WTW business, (NASDAQ: WTW), today announced the appointment of Mike Giacobbe as Client Strategy Leader for Corporate Risk & Broking, North America. Giacobbe will report to Adam Garrard, Chairman, Global Risk & Broking.

    In this new role, Giacobbe will drive an integrated value proposition that brings consistent service across client segments, ensuring every client gets the right, relevant service and expertise for their specific needs. Giacobbe will also focus on maximizing the use of Willis consulting capabilities and analytics tools, working closely with the Risk and Analytics team, tailoring them for clients across North America, whatever their size, industry, location and purchasing patterns.

    Giacobbe joins Willis from Marsh, where he was most recently U.S. and Canada Leader of Marsh Advisory, focused on the company’s consulting, analytics and claims advisory capabilities. He was previously Global Head of Data, Analytics & Consulting at JLT, before JLT’s acquisition by Marsh. Before that, Giacobbe was at Aon, where he was latterly Managing Director, Broking, at Aon Risk Solutions after holding leadership positions in Aon’s consulting group. 

    Located in Chicago, Giacobbe holds a doctorate in Nuclear Engineering from the University of Illinois. He will join Willis in Q2 2025.  

    Adam Garrard, Chairman, Global Risk & Broking, commented:

    “We are delighted to have Mike join Willis in this important new role. Ensuring consistency of client service and tailoring our consulting capabilities and analytics tools to the needs of every client, regardless of size, industry, location or purchasing patterns, will distinguish Willis in the North America marketplace.”

    About WTW

    At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.

    Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you.

    Learn more at wtwco.com.

    Media contacts
    Douglas Menelly
    Douglas.Menelly@wtwco.com +1 (516) 972 0380

    The MIL Network –

  • MIL-OSI Canada: Diversifying Trade Partners, Promoting Nova Scotian Seafood in Europe

    Source: Government of Canada regional news

    Fisheries and Aquaculture Minister Kent Smith is in Europe on a mission with Nova Scotian and other Atlantic Canadian seafood companies to develop markets in Italy, France and the United Kingdom.

    “It has never been more important to showcase our premium quality seafood on the world stage,” said Minister Smith. “With the continued uncertainty from the United States, it’s more important than ever that we ramp up our efforts to help Nova Scotian companies expand into new markets.”

    The focus of the mission is on diversifying markets by introducing Atlantic Canadian seafood companies to new European buyers.

    The delegation includes six Nova Scotian companies and eight others from across Atlantic Canada. Along with meeting with potential new buyers, the Minister and his team will meet with Canadian embassy officials, Canadian trade commissioners, local government representatives and trade associations in the countries they visit.

    Quick Facts:
    • the Nova Scotia seafood export market is valued at $2.5 billon annually
    • participating Atlantic Canadian companies include: Lobster Hub Inc., Louisbourg Seafoods Ltd., Victoria Co-Operative Fisheries Ltd., Tribune Seafood Inc., Gidney Fisheries Ltd., Clearwater Seafoods Ltd., Ocean Blue Fisheries Ltd., DCAM Holdings Inc., One Tuna Inc., PEI Mussel King (1994) Inc; Labrador Gem Seafood Inc., Ocean Choice International, Whitecap Int. Seafood Exporters Inc., and True North Seafood Inc.

    MIL OSI Canada News –

  • MIL-OSI Economics: Contemplating the U.S. tariffs and how Canada can weather the storm

    Source: – Press Release/Statement:

    Headline: Contemplating the U.S. tariffs and how Canada can weather the storm

    Vittoria Bellissimo, president and CEO of CanREA, weighed in on the matter. “The situation is fluid. We are working with our members, the federal and provincial governments and our industry colleagues to understand the full impact of these tariffs on the renewable energy and energy storage sectors,” said Bellissimo. Read more.
    The post Contemplating the U.S. tariffs and how Canada can weather the storm appeared first on Canadian Renewable Energy Association.

    MIL OSI Economics –

  • MIL-OSI: Canadian Large Cap Leaders Split Corp. Completes Preferred Share Private Placement

    Source: GlobeNewswire (MIL-OSI)

    [Not for distribution to U.S. newswire services or for dissemination in the United States.]

    TORONTO, Feb. 04, 2025 (GLOBE NEWSWIRE) — (TSX: NPS, NPS.PR.A) – Canadian Large Cap Leaders Split Corp. (the “Company”) is pleased to announce that it has completed the previously announced private placement of its preferred shares for aggregate gross proceeds of approximately $2.5 million (the “Private Placement”). Pursuant to the Private Placement, 235,000 preferred shares were offered to investors at a price of $10.65 per preferred share.

    The Company’s previously announced split of its Class A shares (the “Share Split”) will be effected at the close of business today. Following the Share Split, there will be approximately 1,795,547 Class A shares and 1,796,353 preferred shares outstanding. DBRS has confirmed that the rating of the preferred shares will continue to be Pfd-3 (high) following the completion of the Share Split.

    The Company invests, on an approximately equally-weighted basis, in a portfolio comprised primarily of equity securities of Canadian Dividend Growth Companies (as defined below), selected by the portfolio manager, that at the time of investment and immediately following each periodic reconstitution and rebalancing: (i) are listed on a Canadian exchange; (ii) pay a dividend; (iii) generally have a market capitalization of at least $10 billion; (iv) have options in respect of its equity securities that, in the opinion of the portfolio manager, are sufficiently liquid to permit the portfolio manager to write options in respect of such securities; and (v) have a history of dividend growth or, in the portfolio manager’s view have high potential for future dividend growth (“Canadian Dividend Growth Companies”).

    About Ninepoint Partners LP

    Ninepoint Partners LP is the Manager, Portfolio Manager and Promoter of the Company and provides all administrative services required by the Company. Based in Toronto, Ninepoint Partners LP is one of Canada’s leading alternative investment management firms overseeing approximately $7 billion in assets under management and institutional contracts. Committed to helping investors explore innovative investment solutions that have the potential to enhance returns and manage portfolio risk, Ninepoint offers a diverse set of alternative strategies spanning Equities, Fixed Income, Alternative Income, Real Assets, F/X and Digital Assets.

    For more information on Ninepoint Partners LP, please visit www.ninepoint.com or please contact us at 416.362.7172 or 1.888.362.7172 or invest@ninepoint.com.

    You will usually pay brokerage fees to your dealer if you purchase or sell shares of investment funds on the TSX or another alternative Canadian trading system (an “exchange”). If shares are purchased or sold on an exchange, investors may pay more than the current net asset value when buying shares of the investment fund and may receive less than the current net asset value when selling them.

    There are ongoing fees and expenses associated with owning shares of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the Company in the public filings available at www.sedarplus.ca. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

    Certain statements contained in this document constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this document and to other matters identified in public filings relating to the Company, to the future outlook of the Company and anticipated events or results and may include statements regarding the future financial performance of the Company. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances.

    The securities have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or any applicable exemption from the registration requirements. This news release does not constitute an offer to sell or the solicitation of an offer to buy securities nor will there be any sale of such securities in any state in which such offer, solicitation or sale would be unlawful.

    The MIL Network –

  • MIL-OSI Economics: Introducing Apple Invites, a new app that brings people together

    Source: Apple

    Headline: Introducing Apple Invites, a new app that brings people together

    February 4, 2025

    PRESS RELEASE

    Introducing Apple Invites, a new app that brings people together for life’s special moments

    CUPERTINO, CALIFORNIA Apple today introduced Apple Invites, a new app for iPhone that helps users create custom invitations to gather friends and family for any occasion. With Apple Invites, users can create and easily share invitations, RSVP, contribute to Shared Albums, and engage with Apple Music playlists. Starting today, users can download Apple Invites from the App Store, or access it on the web through icloud.com/invites. iCloud+ subscribers can create invitations, and anyone can RSVP, regardless of whether they have an Apple Account or Apple device.

    “With Apple Invites, an event comes to life from the moment the invitation is created, and users can share lasting memories even after they get together,” said Brent Chiu-Watson, Apple’s senior director of Worldwide Product Marketing for Apps and iCloud. “Apple Invites brings together capabilities our users already know and love across iPhone, iCloud, and Apple Music, making it easy to plan special events.”

    Beautiful Invitations That Create and Capture Shared Moments

    To get started with Apple Invites, users can choose an image from their photo library or from the app’s gallery of backgrounds — a curated collection of images representing different occasions and event themes. Integrations with Maps and Weather give guests directions to the event and the forecast for that day.

    Additionally, participants can easily contribute photos and videos to a dedicated Shared Album within each invite to help preserve memories and relive the event. And collaborative playlists allow Apple Music subscribers to create a curated event soundtrack that guests can access right from Apple Invites.

    Apple Intelligence Makes Invites Even More Fun

    With Apple Intelligence, creating unique event invitations is easy. Users can tap in to the built-in Image Playground experience to produce original images using concepts, descriptions, and people from their photo library. And when composing invitations, users can use Writing Tools to help find just the right turn of phrase to meet the moment.1

    Simple Ways to Manage and Join Events

    Hosts get full control of their invite experience: They can easily view and manage their events, share invitations with a link, review RSVPs, and choose the details they want included in the preview, like the event background or a home address. Guests can view and respond to an invitation using the new iPhone app or on the web without needing an iCloud+ subscription or an Apple Account. Attendees control how their details show up to others, and have the ability to leave or report an event at any time.

    Additional iCloud+ Premium Features

    In addition to event creation in Apple Invites, iCloud+ subscribers have access to many more premium features:

    • Expanded storage allows users to keep large libraries of original, high-resolution photos, videos, and files safe in iCloud, and easily accessible across all of their devices and the web.
    • Private Relay keeps browsing in Safari entirely private from network providers, websites, and even Apple.
    • Hide My Email generates unique, random email addresses whenever needed.
    • HomeKit Secure Video allows users to capture and review home security footage in an end-to-end encrypted format.
    • Custom email domains enable users to personalize their iCloud email address.
    • Family Sharing allows users to share their iCloud+ subscription with up to five people at no extra cost.

    Users can learn more about subscribing to iCloud+ at apple.com/icloud, with plans starting at just $0.99.

    Availability

    Apple Invites is available today as a free download from the App Store for all iPhone models running iOS 18 or later, and can be accessed on the web at icloud.com/invites. Some features are not available in all regions or in all languages. For more information, visit apple.com/ios/feature-availability.

    About Apple Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, AirPods, Apple Watch, and Apple Vision Pro. Apple’s six software platforms — iOS, iPadOS, macOS, watchOS, visionOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, iCloud, and Apple TV+. Apple’s more than 150,000 employees are dedicated to making the best products on earth and to leaving the world better than we found it.

    1. Apple Intelligence is available on iPhone 15 Pro, iPhone 15 Pro Max, iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max running iOS 18.2 and later, and can be accessed in most regions around the world when the device and Siri language are set to localized English for Australia, Canada, New Zealand, South Africa, the U.K., or the U.S.

    Press Contacts

    Tania Olkhovaya

    Apple

    tolkhovaya@apple.com

    Shane Bauer

    Apple

    shanebauer@apple.com

    Apple Media Helpline

    media.help@apple.com

    MIL OSI Economics –

  • MIL-OSI Banking: Governors and Heads of Supervision endorse work programme of Basel Committee

    Source: Bank for International Settlements

    • The Basel Committee’s oversight body endorses the Committee’s work programme and strategic priorities for 2025-26.
    • The programme prioritises work on Basel III implementation, emerging risks and vulnerabilities, digitalisation, and liquidity.
    • GHOS members unanimously reaffirm their expectation to implement Basel III in full and consistently.

    The Group of Central Bank Governors and Heads of Supervision (GHOS), the oversight body of the Basel Committee on Banking Supervision, met on 4 February to endorse the Committee’s work programme and strategic priorities for 2025-26.

    The key themes of the Committee’s 2025-26 work programme include the following:

    (i) Basel III implementation;

    (ii) Risk assessment and safeguarding resilience, including the ongoing follow-up work in response to the lessons learnt from the March 2023 banking turmoil;

    (iii) Digitalisation of finance; and

    (iv) Liquidity.

    The GHOS also agreed to take stock of the Committee’s work on climate-related financial risks later this year.

    In undertaking its work, the Committee will continue to collaborate and cooperate with a wide range of stakeholders. This includes ongoing collaboration with other standard-setting bodies and international fora on cross-sectoral financial initiatives. The Committee will also continue to pursue its long-established approach of seeking the views and inputs of a wide range of external stakeholders.

    All GHOS members unanimously reaffirmed their commitment to implement Basel III in full and consistently to ensure a global level playing field and to promote the resilience of the global banking system.

    Tiff Macklem, Chair of the GHOS and Governor of the Bank of Canada

    By promoting global cooperation and pursuing a forward-looking approach to mitigating emerging risks and vulnerabilities affecting the global banking system, the Committee’s 2025-26 work programme seeks to further strengthen the regulation, supervision and practices of banks worldwide, promote global financial stability and support long-term economic growth.

    Erik Thedéen, Chair of the Basel Committee and Governor of Sveriges Riksbank

    Note to editors: 

    The Basel Committee is the primary global standard setter for the prudential regulation of banks and provides a forum for cooperation on banking supervisory matters. Its mandate is to strengthen the regulation, supervision and practices of banks worldwide with the purpose of enhancing financial stability. The Committee reports to the Group of Central Bank Governors and Heads of Supervision and seeks its endorsement for major decisions. The Committee has no formal supranational authority, and its decisions have no legal force. Rather, the Committee relies on its members’ commitments to achieve its mandate. The Group of Central Bank Governors and Heads of Supervision is chaired by Tiff Macklem, Governor of the Bank of Canada. The Basel Committee is chaired by Erik Thedéen, Governor of Sveriges Riksbank. 

    More information about the Basel Committee is available here.

    MIL OSI Global Banks –

  • MIL-OSI Global: How Donald Trump’s attacks on Canada are stoking a new Canadian nationalism

    Source: The Conversation – Canada – By Anna Triandafyllidou, Canada Excellence Research Chair in Migration and Integration, Toronto Metropolitan University

    Is the threatened trade war between Canada and the United States igniting a new form of Canadian nationalism? Polls suggest Canadians are overwhelmingly opposed to any notion of becoming the 51st American state as the U.S. anthem is being roundly booed at sporting events in Canada.

    If a new Canadian nationalism is emerging, what will it look like in a country that declared itself in 2015 the first post-national state, stoking envy around the world over Canada’s inclusive nationalism?

    U.S. President Donald Trump has threatened to launch 25 per cent tariffs on most Canadian exports in a month’s time after weeks of persistently provoking both Canadian leaders and citizens with his repeated calls to make Canada the 51st state.



    Read more:
    Canada, the 51st state? Eliminating interprovincial trade barriers could ward off Donald Trump

    Such calls have led to significant outrage, prompting Canadian leaders that include Justin Trudeau, Chrystia Freeland and Doug Ford to respond that Canada is not for sale and that Canada is a country by choice.

    Opposed to joining the U.S.

    If there was any suggestion that being a “post-national” state would lead to an openness to join the U.S., recent polls show the opposite: 90 per cent of Canadians reject that scenario.

    Two thirds of Canadians polled in 2021 felt that Canada is faring better than the U.S. on most counts, including quality of life, protection of rights, standards of living and opportunities to get ahead.

    This percentage had significantly grown compared to the 1980s or 1990s.

    So how does a feeling of being an inclusive, post-national state reconcile with a firm sentiment of patriotism that is growing stronger by the day? And what are the contradictory currents in Canadian identity today?

    Contemporary Canadian identity

    I have been studying nationalism for 30 years, with a special focus on how immigration, migration and national identity interact. My work suggests there are a few elements that buttress and support Canada’s identity today.

    National identity is not a closed container of cultural elements. It develops interactively. As we’re seeing today, amid uncertainty, geopolitical competition as well as close socio-economic interdependence, national identity can emerge with a renewed force.

    Diversity can lead either to a plural national identity that is open to change or a neo-tribal identity that is reactionary. Plural nationalism acknowledges the changing demographic or political circumstances of the nation, and through a process of tension, conflict and change, it creates something new.

    This nationalism is plural not because it acknowledges diversity as a fact, but because it makes a commitment to engage with diversity.

    But dealing with new challenges and increasing diversity may also lead to rejecting “the other.” I use the term tribal to emphasize that this type of nationalism, regardless of whether the in-group is defined in territorial-civic or blood-and-belonging terms, is predicated on an organic, homogenous conception of the nation.

    In this situation, the nation is represented as a compact unit that does not allow for variation or change. The only way to deal with challenges of mobility and diversity is to close rank, resist and reject it.

    Neo-tribal nationalism is not static. It is dynamic and interactive too — although its reaction to new challenges and to diversity, from within or from outside, involves closure and rejection.

    It is neo-tribal because it develops and thrives in a world that is ever more interconnected. Social media platforms play an important role here as their algorithms create neo-tribal digital ecochambers where everyone is closed within their digital bubble of like-minded people.

    COVID-19 experiences

    Challenged by the COVID-19 pandemic crisis, Canada faced important dilemmas. For instance, should temporary residents be encouraged to return home or or stay when the pandemic broke out and borders closed around the world? Canada opted for the latter.

    Unlike Australia — where temporary workers and international students were encouraged to go home — the Canadian government stated that temporary migrants whose “effective residence” was in the country would be supported to stay.

    The term “effective residence” defined membership on the basis of habitual residence; where people lived, worked, sent their kids to school and paid taxes. Living together formed a sense of common fate, reinforcing an expansive and inclusive view of who is a Canadian.

    In addition, recognizing the essential work performed by many temporary residents, such as asylum-seekers employed in senior care homes, Canada introduced special measures to facilitate their transition to permanent status.



    Read more:
    Working more and making less: Canada needs to protect immigrant women care workers as they age

    In August 2020, Marco Mendicino, Canada’s immigration minister at the time, announced a special path to permanent residency (now known as the Guardian Angels program), noting that “they demonstrated a uniquely Canadian quality …in that they were looking out for others, and so that is why today is so special.”

    Mendicino emphasized that the behaviour of these workers qualified them as Canadians; their important contribution in “caring for the other” was defined as a very special element in the national identity.

    National unity bolstered by diversity

    The Canadian patriotism that is emerging today in the face of Trump’s actions — and in the words of almost all Liberal, Conservative and NDP leaders — builds on solid ground.

    Canadian nationalism has not just been about being polite, but rather builds on decades of positive confrontation with challenges.

    A July 2024 Environics poll suggested Canadians do not feel they need to choose among their multiple identities or to exclude others in order to revitalize their sense of identity and belonging.

    National unity is strengthened by internal diversity. The looming trade war and threats of annexation by Trump may be having a beneficial impact in reminding Canadians of the values that unite them and that Canada is indeed “a country by choice.”

    Anna Triandafyllidou receives funding from the Social Sciences and Humanities Research Council of Canada (SSHRC) and the Tri-Agency Council of Canada.

    – ref. How Donald Trump’s attacks on Canada are stoking a new Canadian nationalism – https://theconversation.com/how-donald-trumps-attacks-on-canada-are-stoking-a-new-canadian-nationalism-247958

    MIL OSI – Global Reports –