Category: Canada

  • MIL-OSI Security: Grand Barachois  — Have you seen this stolen car?

    Source: Royal Canadian Mounted Police

    The Shediac RCMP is asking for the public’s help to locate a stolen car from Grand Barachois, N.B.

    The theft is believed to have occurred in the overnight hours of September 12, 2024, on Peat Moss Road in Grand Barachois.

    The vehicle is described as a white 2011 Honda Civic, with New Brunswick licence plate KCJ 643 and vehicle identification number 2HGFG1A6XBH001784.

    If you have seen the car since the evening of September 12, or if you have information that could help further the investigation, please contact the Shediac RCMP at 506-533-5151. Information can also be provided anonymously through Crime Stoppers at 1-800-222-TIPS (8477), by downloading the secure P3 Mobile App, or by Secure Web Tips at www.crimenb.ca .

    MIL Security OSI

  • MIL-OSI: Climb Channel Solutions Announces A-LIGN, Security and Compliance Partner, as Global Contract

    Source: GlobeNewswire (MIL-OSI)

    EATONTOWN, N.J., Sept. 25, 2024 (GLOBE NEWSWIRE) — Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB) has announced the addition of A-LIGN, a security vendor leading the industry in compliance, to its global offerings.

    A-LIGN is a leader in SOC 2, ISO 27001, HITRUST, FedRAMP, CMMC, and more, while addressing cybersecurity needs, such as, penetration testing, ransomware preparedness, social engineering, and GDPR. Together, Climb and A-LIGN can expand their global partner base, providing existing and new partners with top cybersecurity compliance programs to assist in mitigating cybersecurity risk.

    “We are excited to partner with Climb, and their recognized distribution network, to enhance our reach into the market. This collaboration allows us to work with a vast network of MSPs and VARs, filling a crucial gap in their current offerings. Together, we are well-positioned to expand internationally and domestically, staying on the cutting edge of evolving market trends. As leaders in the space, this partnership underscores our commitment to providing top-tier cybersecurity and compliance solutions globally.” said Andrew Steioff, Vice President, Global Strategic Alliances at A-LIGN.

    A-LIGN’s compliance expertise will benefit Climb and its partners to answer the demand for customers to stay secure and compliant. A-LIGN’s holistic approach allows customers to continue to utilize their current infrastructure without having to restructure amidst changing regulations.

    “Compliance is at the forefront of conversations across the IT channel as organizations are constantly navigating regulations,” says Dale Foster, CEO of Climb Channel Solutions. “At Climb, the priority to provide the necessary cybersecurity tools and resources in this age of compliance is tantamount.  By partnering with A-LIGN, a trusted leader in SOC 2, ISO 27001, HITRUST, FedRAMP and more, we are ensuring that our reseller partners have the resources needed to go from audit to strategic compliance.”

    Those interested in distribution services and solutions should contact Climb by phone at +1.800.847.7078 (US), or +1.888.523.7777 (Canada), or by email at Sales@ClimbCS.com.

    About Climb Channel Solutions and Climb Global Solutions

    Climb Channel Solutions is a global specialty technology distributor focusing on Security, Data Management, Connectivity, Storage & HCI, Virtualization & Cloud, and Software & Application Lifecycle. What sets Climb apart is our commitment to transform distribution by providing emerging and established IT technologies, flexible financing, real-time quoting, best of breed channel operations, speed to market, and exceptional service to our partners worldwide. Climb Channel Solutions is a wholly owned subsidiary of Climb Global Solutions (NASDAQ: CLMB). Experience the Climb difference and learn how our people-first approach empowers VARs and MSPs to grow, scale, and accelerate their business. Visit www.ClimbCS.com, call 1-800-847-7078, and connect with us on LinkedIn!

    For Media & PR inquiries contact:
    Climb Channel Solutions
    Media Relations
    media@ClimbCS.com

    Investor Relations Contact:
    Elevate IR
    Sean Mansouri, CFA
    T: 720-330-2829
    CLMB@elevate-ir.com

    About A-LIGN 

    A-LIGN is the leading provider of high-quality, efficient cybersecurity compliance programs. Combining experienced auditors and audit management technology, A-LIGN provides the widest breadth and depth of services including SOC 2, ISO 27001, HITRUST, FedRAMP, and PCI. A-LIGN is the number one issuer of SOC 2 and HITRUST and a top three FedRAMP assessor. To learn more, visit a-lign.com. 

    For Media & PR inquiries contact:

    A-LIGN
    Abigail Rodrigues
    abigail.rodrigues@a-lign.com

    The MIL Network

  • MIL-OSI Security: Norboro — Prince District RCMP investigating fatal two vehicle collision

    Source: Royal Canadian Mounted Police

    Prince District RCMP is investigating a fatal two vehicle collision that occurred on route 2 near the Grahams road in Norboro involving a car and a tractor.

    September 24, 2024, at approximately 4:10 p.m., Prince District RCMP, Kensington Fire Department and Island EMS responded to a two-vehicle collision on Route 2 in Norboro. RCMP officers learned that a car collided with a tractor hauling a potato equipment as the tractor was making a left turn.

    The driver and sole occupant of the car, a 27-year-old Prince County woman, was pronounced deceased at the scene and the driver of the tractor was uninjured.

    A collision reconstructionist attended and the investigation is ongoing.

    Route 2 was closed for several hours but has since reopened.

    Our thoughts are with the victims’ families at this difficult time.

    MIL Security OSI

  • MIL-OSI Europe: Statement by Antonio Tajani, Minister for Foreign Affairs and International Cooperation of Italy in his capacity as Chair of the G7 Foreign Ministers’ Meeting at the High-Level Week of the UN General Assembly (23 September 2024)

    Source: Republic of France in English
    The Republic of France has issued the following statement:

    1. Introduction

    In today’s meeting in New York, in the wake of the Summit of the Future, the G7 Foreign Ministers of Canada, France, Germany, Italy, Japan, the United Kingdom, the United States and the High Representative of the European Union reiterated their commitment to upholding the rule of law, humanitarian principles and international law, including the Charter of the United Nations, and to protecting human rights and dignity for all individuals.

    They re-emphasized their determination to foster collective action in order to preserve peace and stability to address global challenges, such as the climate crisis and to advance the achievement of the 2030 Agenda for Sustainable Development and the Sustainable Development Goals (SDGs).

    In doing so, the G7 members renewed their commitment to the promotion of free societies and democratic principles, where all persons can freely exercise their rights and freedoms.

    2. Summit for the Future

    In the spirit of the renewed determination to strengthen the multilateral system based on the UN Charter’s principles, as reflected in the Pact for the Future adopted at the Summit of the Future by world Leaders, the G7 members committed to continue working with countries and all relevant stakeholders within the UN system through dialogue, mutual understanding and respect in the pursuit of common solutions, with the aim of upholding and reforming the multilateral system so that it better reflects today’s world and is fit to respond to the complex global challenges of the future. They reaffirmed their commitment to work with all UN member states to strengthen the roles of the UNSG as well as the UNGA. They also recommitted to the reform of the UNSC.

    3. Steadfast Support to Ukraine

    The G7 members reaffirmed their unwavering support to Ukraine as it defends its freedom, sovereignty, independence, and territorial integrity, against Russia’s brutal and unjustifiable war of aggression. The G7 members strongly condemned Russia’s blatant breach of international law, including the UN Charter, and of the basic principles that underpin the international order. They strongly condemned the serious violations of international humanitarian law perpetrated by Russia’s forces in Ukraine, which have caused a devastating impact on the civilian population. Violence against civilians, including women, children, and prisoners of war is unacceptable.

    They expressed their outrage at Russia’s repeated attacks against critical infrastructure and they condemned in the strongest possible terms any targeting of civilian buildings and even hospitals. Ensuring the protection and resilience of Ukraine’s energy grid and its power generation capacity remains a fundamental and urgent priority as winter approaches. They welcomed the international conference on energy security held on August 22. .as well as the ongoing coordination of the G7 energy group. They reiterated their commitment to help Ukraine meet its urgent short-term financing needs, as well as support its long-term recovery and reconstruction priorities.

    Russia must end its war of aggression and pay for the damage it has caused to Ukraine. The G7 members reiterated their commitment to explore and use all possible lawful avenues by which Russia is made to meet those obligations.

    The launch of the Extraordinary Revenue Acceleration (ERA) Loans for Ukraine, as mandated by G7 leaders, will make available approximately USD 50 billion in additional funding to Ukraine that will be serviced and repaid by future flows of extraordinary revenues stemming from the immobilization of Russian sovereign assets held in the European Union and other relevant jurisdictions.

    The G7 Foreign Ministers and the High Representative are working, together with Finance Ministers, to operationalize the G7 Leaders’ commitment by the end of the year. They will maintain solidarity in this commitment to providing this support to Ukraine. The G7 members confirmed that, consistent with all applicable laws and their respective legal systems, Russia’s sovereign assets in their jurisdictions will remain immobilized until Russia ends its aggression and pays for the damage it has caused to Ukraine.

    They also committed to strengthening the Ukraine Donor Platform to help coordinate the disbursal of funds and ensure they align with Ukraine’s highest priority needs at a pace it can effectively absorb. This will play a key role in advancing Ukraine’s reforms in line with its European path and in contributing to a successful Ukraine Recovery Conference to be held in Italy in 2025.

    Any use of nuclear weapons by Russia in the context of its war of aggression against Ukraine would be inadmissible. They therefore condemned in the strongest possible terms Russia’s irresponsible and threatening nuclear rhetoric, as well as its posture of strategic intimidation. They also expressed their deepest concern about the reported use of chemical weapons as well as riot control agents as a method of warfare by Russia in Ukraine.

    The G7 members remained committed to holding those responsible accountable for atrocities in Ukraine, in line with international law. They also condemned the seizures of foreign companies and called on Russia to reverse these measures and seek acceptable solutions with the companies targeted by them.

    They condemned Russia’s seizure and continued control and militarization of Zaporizhzhia nuclear power plant, which poses severe risks for nuclear safety and security, potentially affecting the entire international community. They reiterated their support to the International Atomic Energy Agency’s efforts directed at mitigating such risks.

    They underlined once again their support for Ukraine’s right of self-defense and reiterated their commitment to Ukraine’s long-term security, recalling the launch of the Ukraine Compact in Washington on 11 July 2024. They re-affirmed the intention to increasing industrial production and delivery capabilities to assist Ukraine’s self-defense. They highlighted their support to Ukraine in its efforts to modernize its armed forces and strengthen its own defense industry. They expressed their resolve to bolster Ukraine’s air defense capabilities to save lives and protect critical infrastructure.

    They remained committed to raising the costs of Russia’s war of aggression by building on the comprehensive package of sanctions and economic measures already in place. Though existing measures have had a significant impact on Russia’s war machine and ability to fund its invasion, its military is still posing a threat not just to Ukraine but also to international security.

    The G7 members expressed the intention to continue taking appropriate measures, consistent with their legal systems, against actors in China and in third countries that materially support Russia’s war machine, including financial institutions, and other entities that facilitate Russia’s acquisition of items for its defense industrial base.

    They expressed their intention to continue to apply significant pressure on Russian revenues from energy and other commodities. This will include improving the efficacy of the oil price cap policy by taking further steps to tighten compliance and enforcement, including against Russia’s shadow fleet, while working to maintain market stability.

    They especially emphasized the urgency to support Ukraine’s energy security, including by coordinating international assistance through the G7+Ukraine Energy Coordination Group. They underscored the importance to continue working with the Ukrainian authorities and International Financial Institutions through the Ukraine Donor Platform, and by mobilizing private investments and fostering participation of civil society.

    They highlighted the reality of millions of internally displaced Ukrainians and the importance of an inclusive rights-based, gender-responsive recovery, including the reintegration of veterans and civilians with disabilities, and to address the needs of women, children as well as other population groups who have been disproportionately affected by Russia’s war of aggression. They reiterated their condemnation of Russia’s unlawful deportation of Ukrainian children and welcomed coordinated efforts to secure their safe return. They called on Russia to release all persons it has unjustly detained and safely return all civilians it has illegally transferred or deported, starting with children. They welcomed the Ministerial Conference on the Human Dimension of Ukraine’s 10 point peace formula that will be hosted by Canada on October 30-31.

    They reiterated the need to support Ukraine’s agriculture sector, which is critical for global food supply, particularly for the most vulnerable nations, and called for unimpeded exports of grain, foodstuffs, fertilizers and inputs from Ukraine.

    They acknowledged the importance to involve the private sector in the sustainable economic recovery of Ukraine. They welcomed and underscored the significance of Ukraine itself continuing to implement domestic reform efforts, especially in the fields of anti-corruption, justice system reform, decentralization, and promotion of the rule of law. These endeavors are in line with the Euro-Atlantic path Ukraine has embraced. The G7 members were unanimous on the need to continue to support efforts of the Ukrainian government and people in these endeavors.

    They resolutely condemned Russia’s holding of illegitimate ‘elections’ in the occupied Ukrainian Autonomous Republic of Crimea and the city of Sevastopol. Russia’s actions once again demonstrate its blatant disregard for Ukraine’s territorial integrity, sovereignty and independence, and the UN Charter. They called on all members of the international community to refrain from recognizing Russia’s illegitimate actions.

    They welcomed the Summit on Peace in Ukraine that took place in Switzerland on June 15-16 and its focus on the key priorities needed to achieve a framework for peace based on international law, including the UN Charter and its principles, and respect for Ukraine’s sovereignty and territorial integrity. They remained committed to follow up on the Conference through constructive engagement with all international partners to reach a comprehensive, just and lasting peace.

    The G7 members acknowledged that Russia continues to expand its campaigns of foreign information manipulation and interference (FIMI). They condemned Russia’s use of FIMI to support its war of aggression against Ukraine. They reiterated their determination to bolster the G7 Rapid Response Mechanism by developing a collective response framework to counter foreign threats to democracies.

    4. Situation in the Middle East

    The G7 members reiterated their condemnation of Hamas’ horrendous attacks on October 7, 2023. 101 hostages are still in the hands of Hamas. They noted with deep concern the trend of escalatory violence in the Middle East and its repercussions on regional stability and on the lives of civilians shattered by this conflict, from the Gaza Strip to the Israeli-Lebanese Blue Line. Actions and counter-reactions risk magnifying this dangerous spiral of violence and dragging the entire Middle East into a broader regional conflict with unimaginable consequences. They called for a stop to the current destructive cycle, while emphasizing that no country stands to gain from a further escalation in the Middle East.

    They expressed their deep concern about the situation along the Blue Line. They recognized the essential stabilizing role played by the Lebanese Armed Forces and the UN Interim Force in Lebanon in mitigating that risk. They demanded the full implementation of UNSCR 1701 (2006) and urged that all relevant actors implement immediate measures towards de-escalation.

    The G7 members reaffirmed their strong support for the ongoing mediation efforts undertaken by the United States, Egypt and Qatar to reach a resolution between the parties to the conflict in Gaza. They reiterated their full commitment for the implementation of the UNSC Resolution 2735 (2024) and the comprehensive deal outlined by President Biden in May that would lead to an immediate ceasefire in Gaza, the release of all hostages, a significant and sustained increase in the flow of humanitarian assistance throughout Gaza, and an enduring end to the crisis, to secure a pathway to a two-state solution with a safe Israel alongside a sovereign Palestinian state. They urged the parties to the conflict to unequivocally accept the ceasefire proposal, stressing the need for countries in a position to directly influence the parties to cooperate in strengthening mediation efforts. They called for the full implementation of the terms of the ceasefire proposal without delay and without conditions.

    They called on all parties to fully comply with international law, including international humanitarian law. They expressed their deep alarm for the heavy toll this conflict has taken on civilians, deploring all losses of civilian lives equally and noting with great concern that, after nearly a year of hostilities and regional instability, it is mostly civilians, including women and children, who are paying the highest price. Protection of civilians must be an absolute priority for all parties at all times.

    The G7 members expressed concern at the unprecedented level of food insecurity affecting most of the population in the Gaza Strip. Securing full, rapid, safe, and unhindered humanitarian access in all its forms and through all relevant crossing points remains an absolute priority. They urged all parties to allow the unimpeded delivery of aid and ensure protection of humanitarian workers by properly implementing de-confliction measures. They recognized the crucial role played by UN agencies and other humanitarian actors in delivering assistance especially health care for the most vulnerable persons, including the polio vaccination campaign. They expressed their support for UNRWA to effectively uphold its mandate, emphasizing the vital role that the UN Agency plays.

    The G7 members reaffirmed their unwavering commitment, through reinvigorated efforts in the Middle East Peace Process, to the vision of a two-state solution where two democratic states, Israel and Palestine, live side by side in peace within secure and recognized borders, consistent with international law and relevant UN resolutions, and in this regard stress the importance of unifying the Gaza strip with the West Bank under Palestinian Authority. We note that mutual recognition, to include the recognition of a Palestinian state, at the appropriate time, would be a crucial component of that political process. They expressed their concern about the risk of weakening the Palestinian Authority and underlined the importance of maintaining economic stability in the West Bank. They welcomed the EU’s 400 million Euro emergency package for the Palestinian Authority. All parties must refrain from unilateral actions and from divisive statements that may undermine the prospect of a two-state solution, including the Israeli expansion of settlements and the “legalization” of settlement outposts. They condemned the rise in extremist settler violence committed against Palestinians, which undermines security and stability in the West Bank and threatens prospects for a lasting peace. They expressed their deep concern regarding the deteriorating security situation in the West Bank.

    They reiterated their commitment to working together – and with other international partners – to closely coordinate and institutionalize their support for civil society peacebuilding efforts, ensuring that they are part of a larger strategy to build the foundation necessary for a negotiated and lasting Israeli-Palestinian peace. The G7 members called on Iran to contribute to de-escalation of tensions in the region. They demanded that Iran cease its destabilizing actions in the Middle East. They underlined that they stand ready to adopt further sanctions or take other measures in response to further destabilizing initiatives.

    They reiterated their determination that Iran must never develop or acquire a nuclear weapon and that the G7 will continue working together, and with other international partners, to address Iran’s nuclear escalation. A diplomatic solution remains the best way to resolve this issue. As the IAEA remains unable to verify that Iran’s nuclear program is exclusively peaceful, they urged Iran’s leadership to cease and reverse nuclear activities that have no credible civilian justification and to cooperate with the IAEA without further delay to fully implement their legally binding safeguards agreement and their commitments under UNSCR 2231(2015).

    They condemned in the strongest possible terms Iran’s export and Russia’s procurement of Iranian ballistic missiles. Evidence that Iran has continued to transfer weaponry to Russia despite repeated international calls to stop represents a further escalation of Iran’s military support to Russia’s war of aggression against Ukraine. Russia has used Iranian weaponry such as UAVs to kill Ukrainian civilians and strike their critical infrastructure.

    They reiterated that Iran must immediately cease all support to Russia’s illegal and unjustifiable war against Ukraine and halt such transfers of ballistic missiles, UAVs and related technology, which constitute a direct threat to the Ukrainian people as well as European and international security more broadly.

    They reaffirmed their steadfast commitment to hold Iran to account for its unacceptable support for Russia’s illegal war in Ukraine that further undermines global security. In line with their previous statements on the matter, they underscored that they are already responding with new and significant measures.

    They also reiterated their deep concern about Iran’s human rights violations, especially against women and minority groups. They reiterated their call on Iran to allow access to the country to relevant UN Human Rights Council Special Procedures mandate holders.

    De-escalation efforts in the region must also include the immediate and unconditional termination of any attack by the Houthis against international and commercial vessels transiting the Gulf of Aden, the Bab al-Mandeb Strait and the Red Sea. The G7 members reiterated their strong condemnation of these attacks and the right of countries to defend their vessels from attacks. They called for the immediate release by the Houthis of the Galaxy Leader and its crew. They expressed their strong concern about the August 21 attack on the merchant vessel Sounion and the ongoing risk of an environmental catastrophe as salvage operations continue. They welcomed the efforts by the EU maritime operation Aspides and by the US-led Operation Prosperity Guardian to protect vital sea lanes. They appreciated the efforts of those countries that are committed to protect freedom of navigation and trade, as well as maritime security, in line with UNSCR 2722 (2024) and in accordance with international law.

    5. Fostering partnerships with African Countries

    The G7 members reaffirmed their commitment to support African nations in the pursuit of sustainable development as well as the creation of jobs and growth. The focus remains on fostering fair partnerships, built on shared principles, democratic values, local leadership, and practical initiatives.

    They reiterated their intention to align actions with the African Union’s Agenda 2063 and the specific needs of African countries, including plans to improve local and regional food security, infrastructure, trade, and agricultural productivity. They expressed their support for the implementation of the African Continental Free Trade Area, a crucial factor for Africa’s growth in the next decade.

    The G7 members emphasized the need to strengthen mutually beneficial cooperation with African countries and regional organizations. In addition to maintaining financial support for African nations, they expressed their determination to improve the coordination and effectiveness of G7 resources, mobilizing domestic resources and encouraging increased private investments.

    They welcomed the African Union’s permanent membership in the G20, and the creation of an additional Chair for Sub-Saharan Africa on the IMF Executive Board in November.

    They reaffirmed their commitment to the G20 Compact with Africa, a tool aimed at enhancing private investment, driving structural reforms, supporting local entrepreneurship, and fostering cooperation, particularly in the energy sector. The G7 Partnership for Global Infrastructure and Investment (PGII), and initiatives like the EU’s Global Gateway can contribute to promote sustainable, resilient, and economically viable infrastructure in Africa, ensuring transparency in project selection, procurement, and financing. In this framework, they welcomed Italy’s Mattei Plan for Africa.

    They recognized that sustainable development, peace and security and democracy go hand in hand, reaffirming their commitment to help African governments in strengthening democratic governance and respect for human rights, while addressing conditions conducive to terrorism, violent extremism, and instability.

    They expressed their deep concern about the destabilizing activities of the Kremlin-backed Wagner Group and other Russia-supported entities. They called for accountability for all those responsible for human rights violations and abuses.

    6. Indo-Pacific

    The G7 members reiterated their commitment to a free and open Indo-Pacific, based on the rule of law, which is inclusive, prosperous and secure, grounded on sovereignty, territorial integrity, peaceful resolution of disputes, fundamental freedoms and human rights. They reaffirmed the importance of working together with regional partners and organizations, notably the Association of Southeast Asian Nations (ASEAN). They reaffirmed their thorough support for ASEAN centrality and unity. They reaffirmed their intention to work to support Pacific Island Countries’ priorities, as articulated through the 2050 Strategy for the Blue Pacific Continent.

    As they seek constructive and stable relations with China, they recognized the importance of direct and candid engagement to express concerns and manage differences. They reaffirmed their readiness to cooperate with China to address global challenges. They expressed their deep concern at the China’s support to Russia. They called on China to step up efforts to promote international peace and security, and to press Russia to stop its military aggression and immediately, completely and unconditionally withdraw its troops from Ukraine. They encouraged China to support a comprehensive, just and lasting peace based on territorial integrity and the principles and purposes of the UN Charter, including through its direct dialogue with Ukraine. They also expressed their deep concern at China’s ongoing support for Russia’s defense industrial base, which is enabling Russia to maintain its illegal war in Ukraine and has significant and broad-based security implications. They called on China to cease the transfer of dual-use materials, including weapons components and equipment, that are inputs for Russia’s defense sector.

    They recognized the importance of China in global trade. However, they expressed their concerns about China’s persistent industrial targeting and comprehensive non-market policies and practices that are leading to global spillovers, market distortions and harmful overcapacity in a growing range of sectors, undermining our workers, industries and economic resilience and security, as well as impacting on currencies. The G7 members are not decoupling or turning inwards. They are de-risking and diversifying supply chains where necessary and appropriate and fostering resilience to economic coercion. They called on China to refrain from adopting export control measures, particularly on critical minerals, that could lead to significant supply chain disruptions. Together with partners, the G7 members will invest in building their respective industrial capacities, promote diversified and resilient supply chains, and reduce critical dependencies and vulnerabilities.

    They remained seriously concerned about the situation in the East and South China Seas and reiterated their strong opposition to any unilateral attempt to change the status quo by force or coercion. They reaffirmed that there is no legal basis for China’s expansive maritime claims in the South China Sea, and they reiterated their opposition to China’s militarization and coercive and intimidation activities in the South China Sea. They re-emphasized the universal and unified character of the United Nations Convention on the Law of the Sea (UNCLOS) and reaffirmed UNCLOS’s important role in setting out the legal framework that governs all activities in the oceans and the seas. They reiterated that the award rendered by the Arbitral Tribunal on 12 July 2016 is a significant milestone, which is legally binding upon the parties to those proceedings and a useful basis for peacefully resolving disputes between the parties. They reiterated their strong opposition to China’s dangerous use of coast guard and maritime militia in the South China Sea and its repeated obstruction of countries’ high seas freedom of navigation. They expressed deep concern about the dangerous and obstructive maneuvers, including water cannons and ramming, by the China Coast Guard and maritime militia against Philippines vessels.

    The G7 members reaffirmed that maintaining peace and stability across the Taiwan Strait is indispensable to international security and prosperity, and called for the peaceful resolution of cross-Strait issues. There is no change in the basic position of the G7 members on Taiwan, including stated One-China policies. They supported Taiwan’s meaningful participation in international organizations as a member where statehood is not a prerequisite and as an observer or guest where it is.

    They remained concerned by the human rights situation in China, including in Xinjiang and Tibet. They are also worried about the crackdown on Hong Kong’s autonomy and independent institutions, and ongoing erosion of rights and freedoms. They urged China and the Hong Kong authorities to act in accordance with their international commitments and applicable legal obligations.

    The G7 members strongly condemned North Korea’s continuing expansion of its unlawful nuclear and ballistic missile programs in violation of multiple UNSC resolutions and its continuous destabilizing activities. They reiterated their call for the complete denuclearization of the Korean Peninsula and demanded that North Korea abandons all its nuclear weapons, existing nuclear programs, and any other WMD and ballistic missile programs in a complete, verifiable and irreversible manner, in accordance with all relevant UNSC resolutions. They called on North Korea to return to dialogue to promote peace and stability in the Korean peninsula. They urged all UN Member States to fully implement all relevant UN Security Council resolutions. They reiterated their deep disappointment with Russia’s veto last March on the mandate renewal of the UNSC 1718 Committee Panel of Experts.

    They condemned in the strongest possible terms the increasing military cooperation between North Korea and Russia, including North Korea’s export and Russia’s procurement of North Korean ballistic missiles and munitions in direct violation of relevant UNSCRs, as well as Russia’s use of these missiles and munitions against Ukraine. They are also deeply concerned about the potential for any transfer of nuclear or ballistic missiles-related technology to North Korea, in violation of the relevant UNSCRs. They urged Russia and North Korea to immediately cease all such activities and abide by relevant UNSCRs. They urged North Korea to respect human rights, facilitate access for international humanitarian organizations, and resolve the abductions issue immediately.

    They called on China not to conduct or condone activities aimed at undermining the security and safety of our communities and the integrity of our democratic institutions, and to act in strict accordance with its obligations under the Vienna Convention on Diplomatic Relations and the Vienna Convention on Consular Relations.

    7. Regional Issues

    Venezuela

    The G7 members reiterated their deep concern about the situation in Venezuela, following the vote on July 28.

    They emphasized that the announced victory of Maduro lacks credibility and democratic legitimacy, as indicated by reports of the UN Panel of Experts and independent international observers as well as data published by the opposition. They underscored that it is essential for electoral results to be complete and independently verified to ensure respect for the will of the Venezuelan people.

    They expressed their outrage for the arrest warrant and constant threats to the security of Edmundo Gonzalez Urrutia, who decided to seek refuge in Spain. According to the above-mentioned independent reports, Edmundo Gonzalez Urrutia appears to have won the most votes.

    They urged Venezuelan representatives to cease all human rights violations and abuses, arbitrary detentions and widespread restrictions on fundamental freedoms, particularly affecting the political opposition, human rights defenders, and representatives of independent media and civil society. They called for the release of all political prisoners and for a path to freedom and democracy for the people of Venezuela.

    They urged the international community to keep Venezuela high on the diplomatic agenda and they expressed their support for efforts by regional partners to facilitate the Venezuelan-led democratic and peaceful transition that the people of Venezuela have clearly chosen in the polls.

    Haiti

    The G7 members expressed their determination to continue supporting Haitian institutions – including the Transitional Presidential Council (CPT) and the Government of Prime Minister Conille – in their commitment to create the necessary conditions of general security and stability for the convening, by February 2026, of free and fair elections. The expression of popular will would set the foundation for the full restoration of democracy and the rule of law in Haiti.

    They also expressed full support to the Multinational Security Support (MSS) mission, which is providing critical support to the Haitian National Police as they counter criminal gangs engaged in illicit trafficking and inflicting brutal violence upon the population.

    The G7 members emphasized the importance of continued support to the MSS mission through financial contributions to the UN Trust Fund as well as contributions in kind. They expressed their strong appreciation for the commitment of the Government of Kenya – which has already deployed 380 personnel on the ground – to support the Haitian National Police in restoring peace and security.

    They called on all countries that have committed to deploy their contingents to the MSS mission to do so as soon as possible, to consolidate the mission and its fundamental role in the Country. They called on Haiti’s partners to continue their humanitarian assistance to the Haitian people and to expedite their financial and in-kind contributions to the MSS mission to help ensure that the mission is resourced for success.

    They called also on the United Nations Security Council to consider a UN Peace Operation to maintain the security gains of the Haiti National Police and the MSS mission for holding free and fair elections and called on the Secretary-General accordingly to provide support.

    The G7 members welcomed the work of the G7 Working Group on Haiti in monitoring institutional, political, social and security developments in Haiti, with a view to supporting the stabilization of the country and the restoration of full democratic governance.

    Libya

    The G7 members reiterated their unwavering commitment to Libyan stability, sovereignty, independence and unity. They expressed deep concern about recent developments in the country, in particular those involving the leadership of the Central Bank of Libya and the High Council of State, which show the fragility and unsustainability of the present status quo. They urged relevant Libyan parties to rapidly reach the necessary compromises to begin to restore the institutional integrity of the Central Bank of Libya and its standing with the international financial community. They called on Libyan political actors to refrain from taking harmful unilateral actions that create further political tension and fragmentation and make the country vulnerable to harmful foreign interference.

    They noted advances made in the organization of local elections and they called for a free, fair and inclusive participation of all Libyans. It is now imperative to relaunch a Libyan-led and Libyan-owned political process facilitated by the UN towards free and fair presidential and parliamentary elections.

    They expressed their support and commended the efforts made by UNSMIL officer in charge Stephanie Koury in support of the stabilization of Libya. They called on the Secretary General to appoint a new Special Representative without delay.

    Sudan

    The G7 members reiterated their grave concern over the ongoing fighting, mass-displacement and famine in Sudan.

    They condemned the serious human rights violations and abuses against the civilian population, including widespread sexual and gender-based violence, as well as international humanitarian law violations by both sides to the conflict. They called for an immediate end to the escalating violence, which is creating further displacement, and urged the warring parties to ensure the protection of civilians. They reiterated their commitment to holding accountable all those responsible for violations of international law in Sudan.

    They condemned the emergence of famine in Sudan as a direct consequence of efforts to restrict access of humanitarian actors. They noted recent progress in relation to the re-opening of the Chad-Sudan Adre border crossing, in the wake of the Paris Conference and of the Geneva talks. They called for full, rapid, safe, and unhindered humanitarian access both into Sudan and across lines of conflict so aid can reach all those in need.

    They urged all parties to cease hostilities immediately and to engage in serious negotiations aimed at achieving a lasting ceasefire, humanitarian access and protection of civilians without pre-conditions.

    They called on external actors to refrain from fueling the conflict, to respect the UN arms embargo on Darfur, and to play a responsible role in resolving the crisis.

    They welcomed mediation efforts by regional and international actors and organizations to facilitate a durable peace for the country.

    Inclusive, national dialogue, aimed at restoring democracy, re-establishing and strengthening the civilian and representative institutions after the end of the conflict, is a prerequisite for lasting peace. The G7 Members emphasized that it is necessary for representatives of Sudanese civil society, including women, to be fully engaged in the reflection on the political future of the country.

    MIL OSI Europe News

  • MIL-OSI: AGF Management Limited Reports Third Quarter 2024 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Sept. 25, 2024 (GLOBE NEWSWIRE) —

    • Reported quarterly adjusted diluted earnings per share of $0.37
    • Total assets under management and fee-earning assets of $49.7 billion
    • Declared quarterly dividend per share of 11.5 cents

    AGF Management Limited (AGF or the Company) (TSX: AGF.B) today announced financial results for the third quarter ended August 31, 2024.

    AGF reported total assets under management and fee-earning assets1 of $49.7 billion compared to $47.8 billion as at May 31, 2024 and $42.3 billion as at August 31, 2023.

    “Amid an uncertain economic backdrop and significant market volatility, we are pleased to see early signs of improvement with positive retail net flows complementing our solid investment performance,” said Kevin McCreadie, Chief Executive Officer and Chief Investment Officer, AGF. “This improvement can be attributed to our long-term strategic plan which diversifies our business across asset classes and client channels ensuring we thrive through changing market cycles.”

    AGF’s mutual fund gross sales were $1,012 million for the quarter compared to $934 million in the previous quarter and $633 million in the prior year quarter. Mutual fund net sales were $14 million compared to net redemptions of $112 million in the previous quarter and net redemptions of $151 million in the prior year quarter.

    “Given the current market environment and industry trends, we are pleased with the trajectory of our sales strategy,” said Judy Goldring, President and Head of Global Distribution, AGF. “Heading into the final months of 2024, we remain focused on diversifying our capabilities and offerings through a vehicle agnostic approach that meets the evolving needs of our clients.”

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

    Key Business and Financial Highlights:

    • AGF International Advisors Company Limited, a subsidiary of AGF, was once again accepted as a signatory to the UK Stewardship Code, a best-practice benchmark in investment stewardship.
    • AGF Management Limited partnered with Archer Holdco, LLC – a leading technology-enabled service provider to the investment management industry – to help further grow its Separately Managed Accounts (SMA) model business through additional product offerings and investment strategies.
    • AGF SAF Private Credit LP was named a Top Contender for a 2024 Canadian Hedge Fund Award Fund.
    • Adjusted EBITDA2 for the three months ended August 31, 2024, was $40.2 million, compared to $37.0 million for the three months ended May 31, 2024 and $33.7 million in the prior year comparative period.
    • Net management, advisory and administration fees2 were $78.7 million for the three months ended August 31, 2024, compared to $81.2 million for the three months ended May 31, 2024 and $73.8 million for the comparative prior year period.
    • Adjusted revenue from AGF Capital Partners for the three months ended August 31, 2024, was $18.5 million, compared to $12.0 million for the three months ended May 31, 2024 and $7.3 million for the comparative prior year period. The increase quarter over quarter and year over year were driven by higher fair value adjustments and distribution income and the consolidation of a full quarter of KCPL financial results. Revenue from AGF Capital Partners can be variable quarter to quarter and can be impacted by fair value adjustments, timing of monetizations and cash distributions as well as performance fees and carried interest.
    • Adjusted selling, general and administrative costs2 were $59.6 million for the three months ended August 31, 2024, compared to $60.0 million for the three months ended May 31, 2024 and $50.3 million for the comparative prior year period.
    • Adjusted net income attributable to equity owners was $24.5 million ($0.37 adjusted diluted EPS) for the three months ended August 31, 2024, compared to $23.6 million ($0.35 adjusted diluted EPS) for the three months ended May 31, 2024 and $22.9 million ($0.34 adjusted diluted EPS) for the comparative prior year period.
        Three months ended Nine months ended
          August 31,     May 31,     August 31,     August 31,     August 31,  
      (in millions of Canadian dollars, except per share data)   2024     2024     2023     2024     2023  
                           
      Revenues                    
      Management, advisory and administration fees $ 114.4   $ 116.4   $ 107.4   $ 339.4   $ 324.0  
      Trailing commissions and investment advisory fees   (35.7 )   (35.2 )   (33.6 )   (104.6 )   (101.5 )
      Net management, advisory and administration fees2 $ 78.7   $ 81.2   $ 73.8   $ 234.8   $ 222.5  
      Deferred sales charges   1.4     1.9     1.8     5.3     5.7  
      Adjusted revenue from AGF Capital Partners2   18.5     12.0     7.3     54.7     29.4  
      Other revenue2   1.2     1.9     1.1     5.1     2.4  
      Total adjusted net revenue2   99.8     97.0     84.0     299.9     260.0  
                           
      Selling, general and administrative   66.3     68.2     50.2     192.3     156.2  
      Adjusted selling, general and administrative2   59.6     60.0     50.3     173.1     155.0  
                           
      EBITDA2   33.0     26.6     33.8     104.8     103.8  
      Adjusted EBITDA2   40.2     37.0     33.7     126.8     105.0  
                           
      Net income – equity owners of the Company   20.3     18.1     23.0     68.9     70.9  
      Adjusted net income – equity owners of the Company   24.5     23.6     22.9     81.8     71.9  
                           
      Diluted earnings per share   0.30     0.27     0.34     1.03     1.05  
                           
      Adjusted diluted earnings per share   0.37     0.35     0.34     1.23     1.07  
                           
      Free cash flow2   29.1     23.7     22.9     73.9     62.8  
                           
      Dividends per share   0.115     0.115     0.110     0.340     0.320  
      (end of period) Three months ended
          Aug. 31,     May 31,     Feb. 28,     Nov. 30,     Aug. 31,  
      (in millions of Canadian dollars)   2024     2024     2024     2023     2023  
                             
      Mutual fund assets under management (AUM)3 $ 28,104   $ 26,961   $ 26,186   $ 24,459   $ 24,377  
      ETFs and SMA AUM   2,128     1,800     1,676     1,465     1,332  
      Segregated accounts and sub-advisory AUM   6,430     6,313     7,162     6,774     7,058  
      Total AGF Investments AUM   36,662     35,074     35,024     32,698     32,767  
      AGF Private Wealth AUM   8,186     8,026     7,836     7,341     7,360  
      AGF Capital Partners AUM   2,774     2,663     48     46     42  
      Total AUM $ 47,622   $ 45,763   $ 42,908   $ 40,085   $ 40,169  
      AGF Capital Partners fee-earning assets4   2,080     2,081     2,104     2,095     2,090  
      Total AUM and fee-earning assets4 $ 49,702   $ 47,844   $ 45,012   $ 42,180   $ 42,259  
                             
      Net mutual fund sales (redemptions)3   14     (112 )   (125 )   (224 )   (151 )
      Average daily mutual fund AUM3   27,542     26,604     25,197     23,840     24,168  

    2 Net management, advisory and administration fees, adjusted revenue from AGF Capital Partners, total net revenue, adjusted selling, general and administrative, EBITDA, adjusted EBITDA, and free cash flow are not standardized measures prescribed by IFRS. The Company utilizes non-IFRS measures to assess our overall performance and facilitate a comparison of quarterly and full-year results from period to period. They allow us to assess our investment management business without the impact of non-operational items. These non-IFRS measures may not be comparable with similar measures presented by other companies. These non-IFRS measures and reconciliations to IFRS, where necessary, are included in the Management’s Discussion and Analysis available at www.agf.com.
    3 Mutual fund AUM includes retail AUM and institutional client AUM invested in customized series offered within mutual funds.
    4 Fee-earning assets represents assets in which AGF has carried interest ownership and earns recurring fees but does not have ownership interest in the managers.

    For further information and detailed financial statements for the third quarter ended August 31, 2024, including Management’s Discussion and Analysis, which contains discussions of non-IFRS measures, please refer to AGF’s website at www.agf.com under ‘About AGF’ and ‘Investor Relations’ and at www.sedarplus.com.

    Conference Call

    AGF will host a conference call to review its earnings results today at 11 a.m. ET.

    The live audio webcast with supporting materials will be available in the Investor Relations section of AGF’s website at www.agf.com or at https://edge.media-server.com/mmc/p/fwjgan3c/. Alternatively, the call can be accessed over the phone by registering here or in the Investor Relations section of AGF’s website at www.agf.com, to receive the dial-in numbers and unique PIN.

    A complete archive of this discussion along with supporting materials will be available at the same webcast address within 24 hours of the end of the conference call.

    About AGF Management Limited

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

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

    Headquartered in Toronto, Canada, AGF has investment operations and client servicing teams on the ground in North America and Europe. With nearly $50 billion in total assets under management and fee-earning assets, AGF serves more than 800,000 investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.

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

    Ken Tsang
    Chief Financial Officer
    416-865-4338, InvestorRelations@agf.com

    Caution Regarding Forward-Looking Statements

    This press release includes forward-looking statements about the Company, including its business operations, strategy and expected financial performance and condition. Forward-looking statements include statements that are predictive in nature, depend upon or refer to future events or conditions, or include words such as ‘expects,’ ‘estimates,’ ‘anticipates,’ ‘intends,’ ‘plans,’ ‘believes’ or negative versions thereof and similar expressions, or future or conditional verbs such as ‘may,’ ‘will,’ ‘should,’ ‘would’ and ‘could.’ In addition, any statement that may be made concerning future financial performance (including income, revenues, earnings or growth rates), ongoing business strategies or prospects, fund performance, and possible future action on our part, is also a forward-looking statement. Forward-looking statements are based on certain factors and assumptions, including expected growth, results of operations, business prospects, business performance and opportunities. While we consider these factors and assumptions to be reasonable based on information currently available, they may prove to be incorrect. Forward-looking statements are based on current expectations and projections about future events and are inherently subject to, among other things, risks, uncertainties and assumptions about our operations, economic factors and the financial services industry generally. They are not guarantees of future performance, and actual events and results could differ materially from those expressed or implied by forward-looking statements made by us due to, but not limited to, important risk factors such as level of assets under our management, volume of sales and redemptions of our investment products, performance of our investment funds and of our investment managers and advisors, client-driven asset allocation decisions, pipeline, competitive fee levels for investment management products and administration, and competitive dealer compensation levels and cost efficiency in our investment management operations, as well as general economic, political and market factors in North America and internationally, interest and foreign exchange rates, global equity and capital markets, business competition, taxation, changes in government regulations, unexpected judicial or regulatory proceedings, technological changes, cybersecurity, the possible effects of war or terrorist activities, outbreaks of disease or illness that affect local, national or international economies, natural disasters and disruptions to public infrastructure, such as transportation, communications, power or water supply or other catastrophic events, and our ability to complete strategic transactions and integrate acquisitions, and attract and retain key personnel. We caution that the foregoing list is not exhaustive. The reader is cautioned to consider these and other factors carefully and not place undue reliance on forward-looking statements. Other than specifically required by applicable laws, we are under no obligation (and expressly disclaim any such obligation) to update or alter the forward-looking statements, whether as a result of new information, future events or otherwise. For a more complete discussion of the risk factors that may impact actual results, please refer to the ‘Risk Factors and Management of Risk’ section of the 2023 Annual MD&A.

    The MIL Network

  • MIL-OSI: AGF Management Limited Declares Third Quarter 2024 Dividend

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Sept. 25, 2024 (GLOBE NEWSWIRE) — On September 24, 2024, the Board of Directors of AGF Management Limited (TSX:AGF.B) declared a dividend of 11.5 cents per share on both the Class B Non-Voting shares and the Class A Voting common shares of the company. This dividend will be payable on October 17, 2024 to shareholders of record on October 10, 2024.

    ABOUT AGF MANAGEMENT LIMITED

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

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

    Headquartered in Toronto, Canada, AGF has investment operations and client servicing teams on the ground in North America and Europe. With nearly $50 billion in total assets under management and fee-earning assets, AGF serves more than 800,000 investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.

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

    Ken Tsang
    Chief Financial Officer
    416-865-4338, InvestorRelations@agf.com

    The MIL Network

  • MIL-OSI: Purpose Investments Inc. Announces Final September 2024 Distribution Rate for Purpose High Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Sept. 25, 2024 (GLOBE NEWSWIRE) — Purpose Investments Inc. announced today the final September 2024 distribution rates for Purpose High Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund.

    Due to the recent interest rate cut by the Federal Reserve, the distribution levels for our US cash funds have been proportionately reduced to align with this adjustment.

    The following table reflects the final distribution amounts for the month of September. Ex-distribution date is September 26, 2024.

    Open-End Fund Ticker Symbol Final distribution per unit Record Date Payable Date Distribution Frequency
    Purpose USD Cash Management Fund – ETF Units MNU.U US $ 0.4091 09/26/2024 10/02/2024 Monthly
    Purpose Cash Management Fund – ETF Units MNY $ 0.3587 09/26/2024 10/02/2024 Monthly
    Purpose High Interest Savings Fund – ETF Units PSA $ 0.1670 09/26/2024 10/02/2024 Monthly
    Purpose US Cash Fund – ETF Units PSU.U US $ 0.4052 09/26/2024 10/02/2024 Monthly


    About Purpose Investments Inc.

    Purpose Investments Inc. is an asset management company with more than $20 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited, an independent technology-driven financial services company.

    For further information please contact:
    Keera Hart
    Keera.Hart@kaiserpartners.com
    905-580-1257

    Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

    The MIL Network

  • MIL-OSI: Hampton Financial Corporation Announces the Appointment of New CEO of its Oxygen Working Capital Subsidiary

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

    TORONTO, Sept. 25, 2024 (GLOBE NEWSWIRE) — Hampton Financial Corporation (“Hampton” or the “Company”, TSXV:HFC) is pleased to announce the appointment of John Levac, as CEO of Oxygen Working Capital Corp. (“Oxygen”), a wholly owned subsidiary of Hampton.

    “As we continue to develop and expand the scale of our newly acquired factoring business, Oxygen Working Capital Corp., we are delighted to welcome John Levac as CEO of Oxygen. John brings decades of experience in asset-backed and securitized lending to the company, having worked previously with major players in this space such as Wells Fargo & RBC. He also brings along numerous industry, lender and borrower relationships and we are pleased to have him join the team,” said Hampton Executive Chairman & CEO, Peter Deeb.

    “I am delighted to announce my appointment as CEO of Oxygen Working Capital, joining their Toronto based team. Oxygen consists of a highly diversified team of financial experts. As their growth potential across North America as an established and growing alternative lender is very exciting, the future looks bright. Under this new role, I look forward to connecting with many of my industry colleagues and developing new relationships with those whom I have not had the privilege of meeting yet, to enhance Oxygen’s capabilities and further diversify their relationship base,” stated John Levac.

    Hampton acquired Oxygen in early 2024 and has worked to integrate Oxygen’s factoring business into the Hampton platform while expanding Oxygen’s lending portfolio.

    About Oxygen Working Capital

    Oxygen, founded in 2017, is a specialized Canadian based lender focused on the commercial factoring business with clients across Canada, and with prospects for expanded reach and continued growth across broader North America. Oxygen provides entrepreneurs with short term financing solutions via immediate upfront capital by factoring their invoices and receivables, allowing businesses to meet their immediate working capital needs. Acquired in 2024, Oxygen is a wholly owned subsidiary of Hampton.

    About Hampton Financial Corporation

    Hampton is a unique private equity firm that seeks to build shareholder value through long-term strategic investments. In addition to Oxygen, through its Investment Dealer subsidiary, Hampton Securities Limited (“HSL”), Hampton is actively engaged in family office, wealth management, institutional services and capital markets activities. HSL is a full-service investment dealer, regulated by CIRO (Formally IIROC) and registered in Alberta, British Columbia, Manitoba, Saskatchewan, Nova Scotia, Northwest Territories, Ontario, and Quebec. In addition, the Company provides investment banking services, which include assisting companies with raising capital, advising on mergers and acquisitions, and aiding issuers in obtaining a listing on recognized securities exchanges in Canada and abroad. The Company is also exploring opportunities to diversify its sources of revenue by way of strategic investments and acquisitions in both complimentary business and non-core sectors that can leverage the expertise of its Board and the diverse experience of its management team.

    For more information, please contact:

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

    Or

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

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

    No securities regulatory authority has either approved or disapproved of the contents of this press release. This press release does not constitute or form a part of any offer or solicitation to buy or sell any securities in the United States or any other jurisdiction outside of Canada. The securities being offered have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold within the United States or to a U.S. person absent registration or pursuant to an available exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. There will be no public offering of securities in the United States.

    Forward-Looking Statements

    This press release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements“) within the meaning of applicable Canadian securities laws, which may include, but are not limited to, information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of the Company. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “should”, “hopeful”, “recovery”, “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “may”, “will”, “project” or similar words, including negatives thereof, suggesting future outcomes.

    Forward-looking statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors beyond the Company’s ability to predict or control which may cause actual events, results, performance, or achievements of the Company to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking statements herein. Forward-looking statements are not a guarantee of future performance. Although the Company believes that any forward-looking statements herein are reasonable, in light of the use of assumptions and the significant risks and uncertainties inherent in such statements, there can be no assurance that any such forward-looking statements will prove to be accurate. Actual results may vary, and vary materially, from those expressed or implied by the forward-looking statements herein. Accordingly, readers are advised to rely on their own evaluation of the risks and uncertainties inherent in forward-looking statements herein and should not place undue reliance upon such forward-looking statements. All forward-looking statements herein are qualified by this cautionary statement. Any forward-looking statements herein are made only as of the date hereof, and except as required by applicable laws, the Company assumes no obligation and disclaims any intention to update or revise any forward-looking statements herein or to update the reasons that actual events or results could or do differ from those projected in any forward-looking statements herein, whether as a result of new information, future events or results, or otherwise, except as required by applicable laws.

    The MIL Network

  • MIL-OSI Economics: AGNICO EAGLE PROVIDES NOTICE OF RELEASE OF THIRD QUARTER 2024 RESULTS AND CONFERENCE CALL

    Source: Agnico Eagle Mines

    Stock Symbol:  AEM (NYSE and TSX)

    TORONTO, Sept. 25, 2024 /CNW/ – Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) (“Agnico Eagle” or the “Company“) today announced that it will release its third quarter 2024 results on Wednesday, October 30, 2024, after normal trading hours.

    Third Quarter 2024 Results Conference Call and Webcast

    Agnico Eagle’s senior management will host a conference call on Thursday, October 31, 2024, at 11:00 AM (E.D.T.) to discuss the Company’s financial and operating results.

    Via Webcast:

    To listen to the live webcast of the conference call, you may register on the Company website at www.agnicoeagle.com, or directly via the link here.

    Via Phone:

    To join the conference call by phone, please dial 416.945.7677 or toll-free 1.888.699.1199 to be entered into the call by an operator. To ensure your participation, please call approximately five minutes prior to the scheduled start of the call.

    To join the conference call without operator assistance, you may register your phone number here 30 minutes prior to the scheduled start of the call to receive an instant automated call back.

    Replay Archive:

    Please dial 289.819.1450 or toll-free 1.888.660.6345, access code 80122#. The conference call replay will expire on November 30, 2024.

    The webcast, along with presentation slides, will be archived for 180 days on the Company’s website.

    About Agnico Eagle

    Agnico Eagle is a Canadian based and led senior gold mining company and the third largest gold producer in the world, producing precious metals from operations in Canada, Australia, Finland and Mexico. It has a pipeline of high-quality exploration and development projects in these countries as well as in the United States. Agnico Eagle is a partner of choice within the mining industry, recognized globally for its leading environmental, social and governance practices. Agnico Eagle was founded in 1957 and has consistently created value for its shareholders, declaring a cash dividend every year since 1983.

    View original content:https://www.prnewswire.com/news-releases/agnico-eagle-provides-notice-of-release-of-third-quarter-2024-results-and-conference-call-302258002.html

    SOURCE Agnico Eagle Mines Limited

    MIL OSI Economics

  • MIL-OSI Banking: AGNICO EAGLE PROVIDES NOTICE OF RELEASE OF THIRD QUARTER 2024 RESULTS AND CONFERENCE CALL

    Source: Agnico Eagle Mines

    Stock Symbol:  AEM (NYSE and TSX)

    TORONTO, Sept. 25, 2024 /CNW/ – Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) (“Agnico Eagle” or the “Company“) today announced that it will release its third quarter 2024 results on Wednesday, October 30, 2024, after normal trading hours.

    Third Quarter 2024 Results Conference Call and Webcast

    Agnico Eagle’s senior management will host a conference call on Thursday, October 31, 2024, at 11:00 AM (E.D.T.) to discuss the Company’s financial and operating results.

    Via Webcast:

    To listen to the live webcast of the conference call, you may register on the Company website at www.agnicoeagle.com, or directly via the link here.

    Via Phone:

    To join the conference call by phone, please dial 416.945.7677 or toll-free 1.888.699.1199 to be entered into the call by an operator. To ensure your participation, please call approximately five minutes prior to the scheduled start of the call.

    To join the conference call without operator assistance, you may register your phone number here 30 minutes prior to the scheduled start of the call to receive an instant automated call back.

    Replay Archive:

    Please dial 289.819.1450 or toll-free 1.888.660.6345, access code 80122#. The conference call replay will expire on November 30, 2024.

    The webcast, along with presentation slides, will be archived for 180 days on the Company’s website.

    About Agnico Eagle

    Agnico Eagle is a Canadian based and led senior gold mining company and the third largest gold producer in the world, producing precious metals from operations in Canada, Australia, Finland and Mexico. It has a pipeline of high-quality exploration and development projects in these countries as well as in the United States. Agnico Eagle is a partner of choice within the mining industry, recognized globally for its leading environmental, social and governance practices. Agnico Eagle was founded in 1957 and has consistently created value for its shareholders, declaring a cash dividend every year since 1983.

    View original content:https://www.prnewswire.com/news-releases/agnico-eagle-provides-notice-of-release-of-third-quarter-2024-results-and-conference-call-302258002.html

    SOURCE Agnico Eagle Mines Limited

    MIL OSI Global Banks

  • MIL-OSI USA: U.S. net natural gas exports remain flat in the first half of 2024

    Source: US Energy Information Administration

    In-brief analysis

    September 25, 2024


    In the first six months of 2024, U.S. net natural gas exports (exports minus imports) averaged 12.6 billion cubic feet per day (Bcf/d), 1% (0.1 Bcf/d) more than the same period last year and 2% (0.3 Bcf/d) less than in 2023, according to our Natural Gas Monthly. Since 2019, increases in liquefied natural gas (LNG) exports and exports by pipeline to Mexico have led the growth in U.S. natural gas exports. The United States has exported more natural gas than it imports since 2017.

    The United States trades natural gas by pipeline with Canada and Mexico and as LNG with more than 40 countries. The United States imports more natural gas by pipeline from Canada than it exports, and it exports more natural gas by pipeline to Mexico than it imports. The United States has been a net exporter of LNG since 2016.

    The large buildout of LNG export capacity enabled LNG exports to grow from an annual average of 0.5 Bcf/d in 2016 to 11.9 Bcf/d in 2023. Currently, the United States has seven LNG export terminals in operation and five terminals under construction. In 2023, the United States was the world’s largest LNG exporter. By the end of this year, we expect two new LNG export facilities—Plaquemines LNG and Corpus Christi LNG Stage 3 (an expansion of the existing Corpus Christi LNG export terminal)—to start LNG exports.

    Data source: U.S. Energy Information Administration, Natural Gas Monthly
    Note: Includes waterborne liquefied natural gas (LNG) exports by vessel (excludes exports by truck and ISO container). Other includes LNG imports into Northeast Gateway and Cove Point.

    U.S. natural gas pipeline imports from Canada play an important role in balancing the U.S. natural gas market, particularly in the winter. Most natural gas imported by pipeline from Canada arrives in the Western and Midcontinent regions of the United States. In 2023, net U.S. pipeline imports from Canada averaged 5.2 Bcf/d, of which 83% was imported into the western United States. In the first six months of 2024, net U.S. pipeline imports from Canada averaged 5.4 Bcf/d, an increase of 11% (0.5 Bcf/d) compared with the same period in 2023, mainly because of increased imports into the Midcontinent region.

    Since the end of natural gas production in eastern Canada (offshore Nova Scotia) and growth in production in the U.S. Appalachia region, U.S. exports of natural gas by pipeline into eastern Canada exceeded imports from eastern Canada, making the eastern United States a net exporter of natural gas by pipeline to eastern Canada for several years since 2017.

    Data source: U.S. Energy Information Administration, Natural Gas Monthly, U.S. natural gas pipeline exports and imports by point of exit and entry
    Note: Net pipeline imports=imports minus exports. Positive sign denotes net imports. Negative sign denotes net exports. U.S. aggregations by region include the following states: Western (Idaho, Montana, and Washington), Midcontinent (Michigan, Minnesota, and North Dakota), and Eastern (Maine, New Hampshire, New York, and Vermont).

    U.S. net pipeline exports to Mexico averaged 6.3 Bcf/d in the first six months of 2024, 7% (0.4 Bcf/d) more than over the same period last year and 2% more (0.1 Bcf/d) than the 2023 annual average. U.S.-Mexico cross-border pipeline capacity is set to expand as two new natural gas pipeline projects with a total capacity of 5.3 Bcf/d have received regulatory approvals. These projects are primarily targeting LNG export capacity being developed in Mexico that will be supplied with natural gas sourced from the United States.

    Data source: U.S. Energy Information Administration, Natural Gas Monthly, U.S. natural gas pipeline exports and imports by point of exit and entry
    Note: Net pipeline exports are calculated as imports minus exports. Negative sign denotes net exports.

    Principal contributors: Victoria Zaretskaya, Katy Fleury

    MIL OSI USA News

  • MIL-OSI: illumin to Participate in Upcoming Investor Conferences

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Sept. 25, 2024 (GLOBE NEWSWIRE) — illumin Holdings Inc. (TSX:ILLM, OTCQB:ILLMF) (“illumin” or “Company”), a Journey Advertising technology company that empowers marketers to make smarter decisions about communicating with online consumers, today announced that Simon Cairns, Chief Executive Officer, and Elliot Muchnik, Chief Financial Officer, will participate in the following upcoming conferences.

    Wedbush Securities AdTech Conference

    Management will participate (virtually) in a fireside chart at the Wedbush Securities AdTech Conference on Thursday, October 10th at 12:15 pm ET, and will also host virtual investor meetings.

    TD Securities Technology Conference

    The Company will also participate in the TD Securities Technology Conference taking place in Toronto from November 25- 26th. Management will also host investor meetings on Tuesday, November 26th.

    For more information about the conferences or to schedule a one-on-one meeting with management, please contact your representatives at Wedbush Securities and TD Securities.

    About illumin:

    illumin is a journey advertising platform that enables marketers to reach consumers at every stage of their journey by leveraging advanced machine learning algorithms and real-time data analytics. The Company’s mission is to illuminate the path for brands to connect with their customers through the power of data-driven advertising. Headquartered in Toronto, Canada, illumin serves clients across North America, Latin America, and Europe.

    For further information, please contact.

      Steve Hosein  David Hanover
      Investor Relations Investor Relations – U.S.
      illumin Holdings Inc. KCSA Strategic Communications
      416-218-9888 x5313  212-896-1220
      investors@illumin.com dhanover@kcsa.com
         

    Disclaimer in regard to Forward-looking Statements

    Certain statements included herein constitute “forward-looking statements” within the meaning of applicable securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Investors are cautioned not to put undue reliance on forward-looking statements. Except as required by law, the Company does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events.

    The MIL Network

  • MIL-OSI: Heliene Closes $50M 45X Investment Tax Credit Transfer Sale, facilitated by Basis Climate

    Source: GlobeNewswire (MIL-OSI)

    MOUNTAIN IRON, Minn., Sept. 25, 2024 (GLOBE NEWSWIRE) — Heliene Inc., a customer-first provider of North American-made solar PV modules, today announced the sale of approximately $50M Section 45X Advanced Manufacturing Production Tax Credit (45X credits). The transaction was facilitated by Basis Climate, a leading facilitator of clean energy tax credit transfers.

    Heliene is able to claim eligibility for these tax credits under the guidelines of the Inflation Reduction Act’s Section 45X credits. Heliene manufactures high-quality, U.S.-made solar modules that feature a high volume of domestically-sourced components at its existing factory in Mountain Iron, Minnesota. The company is now building a new module factory in the Minneapolis-St. Paul Metro-area, with a planned start up of May 2025.

    “Monetising our 45X tax credits through this sale is instrumental in continuing the growth of Heliene’s domestic manufacturing capacity,” said Martin Pochtaruk, CEO of Heliene, Inc. “This transaction provides long term sustainability, hence enabling us to expand our commitment to offering developers reliable, quality modules that feature the highest possible volume of domestic content. We’re grateful to the team at Basis Climate for facilitating this important deal. Together we’re building a stronger, bankable U.S. solar supply chain.”

    This deal is believed to be among the first within the solar manufacturing industry. Heliene will use funds from this sale to reduce debt and support ongoing efforts to expand its U.S. cell and module manufacturing footprint and grow its domestic, clean energy workforce.

    “Congrats to Heliene and Basis Climate for closing this transaction, which we believe is a testament to the strength of the Heliene business and the resiliency of the 45x manufacturing tax credit framework,” said Ethan Shoemaker, Partner and head of the Infrastructure Credit platform at OIC, who led an investment into Heliene in Spring 2023. “We continue to be impressed by Martin and his team, who are leading the charge for the domestic solar industry through consistent execution, innovation, and creativity.”

    “We are proud to have participated in this landmark deal for Heliene and the domestic solar industry more broadly. Basis supported Heliene in the sale of their 45X credits to a profitable domestic manufacturer. This was an all-American transaction,” noted Erik Underwood, Basis Climate’s CEO. He continued, “we used visual language models to help review thousands of supporting documents to substantiate these tax credits. We look forward to applying learnings to many more deals to come.”

    This tax credit transfer sale follows several months of strategic dealflow completed by Heliene, which is focused on bolstering its domestic manufacturing footprint and shoring up the U.S. solar supply chain. This included a strategic sourcing agreement with cell manufacturer Suniva, a partnership and multi-year contract with Norsun for the supply of U.S.-made wafers, and a joint venture with Premier Energies to jointly build a U.S.-based solar cell manufacturing facility.

    About Heliene

    Heliene is one of North America’s fastest-growing domestic module manufacturers serving the utility-scale, commercial, and residential markets. With an in-house logistics team and remarkably responsive support staff, Heliene delivers competitively priced, high performance solar modules precisely when and where customers need them to accelerate North America’s clean energy transition. Founded in 2010, Heliene consistently ranks as a highly bankable module manufacturer and has production facilities located in Canada, and the USA. For more information, visit www.heliene.com.

    Media inquiries:
    Carly Ross
    FischTank PR
    heliene@fischtankpr.com  

    About Basis Climate

    Basis Climate is a leading facilitator of clean energy tax credit transfers, providing a seamless and efficient platform for businesses and individuals to monetize their tax credits generated from renewable energy projects. The company’s mission is to unlock the full potential of clean energy tax credits by connecting credit generators with motivated buyers, ultimately accelerating the transition to a clean and sustainable future. By leveraging technology and standardized diligence and transaction processes, Basis is able to support the full range of clean energy tax credits established by the Inflation Reduction Act of 2022.

    The MIL Network

  • MIL-OSI: Calling All Paw-ty Animals: Trupanion to Connect Families & Shelter Pets for a Frightfully Howling Halloween

    Source: GlobeNewswire (MIL-OSI)

    SEATTLE, Sept. 25, 2024 (GLOBE NEWSWIRE) — Do you have a Cleocatra? Perhaps a Vampug or Terri-fido. Because whether they’re spooky, sweet or somewhere in between—it’s time to break out the costume box for Trupanion’s Tricked Out for Treats Pet-tacular, a pet costume contest to run throughout October.

    Starting October 1, Trupanion invites pet parents to share photos of their furry friends in (pet safe!) costumes for a chance to win a custom pet portrait, pet-tacular swag, global spotlight opportunities, and ultimate bragging rights. And with eight tricked-out categories like ‘Solo Stunner’ for pet close ups and ‘Clinic Charmer’ spotlighting pets and veterinary team members, there’s something for everyone. Including ‘Adorably Adoptable’, a great way for Trupanion to team up with shelter and rescue organizations nationwide in order to find adoptable pets new homes.

    “When developing this initiative, we knew we wanted to create something fun and lighthearted, but with a deeper purpose,” said Margi Tooth, CEO & President of Trupanion. “That’s why we chose to shine a spotlight on shelter and rescue pets with the Adorably Adoptable category to connect these pets with potential families.”

    Submissions for the Adorably Adoptable category will receive extra attention on the campaign’s showcase page, where visitors will be able to see available pets. They’ll also have the opportunity to learn more about each pet’s shelter/rescue organization and connect with the team directly — whether they’re interested in adopting or want to explore ways to support their mission.

    “We’re looking forward to celebrating the fun, laughter, and love our pets bring into our lives each and every day with this campaign,” added Tooth. “It will be wonderful to share these joyful moments with the world and we are so excited for the opportunity to connect pets available for adoption with their forever homes.”

    Here’s How It Works

    Say Cheese: Starting October 1, trick out your pet in their finest and snap some pics.

    Tag, Brag & Vote: Submit your photos to trickedout.trupanion.com, tag one of the categories that best fits your pet’s paw-some personality, then share one social media to get as many votes as possible.

    Tune In: Don’t miss our virtual pet-tacular, streamed at trickedout.trupanion.com on October 30 at 12pm PST/3pm EST. Come meet the best-dressed pets, have lots of laughs, and find out who’s the “pick of the patch” in select categories.

    Visit trickedout.trupanion.com for more information and to submit your pet’s photo.

    Know a shelter or rescue interested in showcasing adoptable pets? Encourage them to pre-register for the campaign via email at shelterlove@trupanion.com before October 1.

    About Trupanion

    Trupanion is a leader in medical insurance for cats and dogs throughout the United States, Canada, Europe, Puerto Rico and Australia with over 1,000,000 pets enrolled. For over two decades, Trupanion has given pet owners peace of mind so they can focus on their pet’s recovery, not financial stress. Trupanion is committed to providing pet owners with the highest value in pet medical insurance with unlimited payouts for the life of their pets. With its patented process, Trupanion is the only North American provider with the technology to pay veterinarians directly in seconds at the time of checkout. Trupanion is listed on NASDAQ under the symbol “TRUP”. The company was founded in 2000 and is headquartered in Seattle, WA. Trupanion policies are issued, in the United States, by its wholly-owned insurance entity American Pet Insurance Company and, in Canada, by Accelerant Insurance Company of Canada. Trupanion Australia is a partnership between Trupanion and Hollard Insurance Company. Policies are sold and administered by Trupanion Managers USA, Inc. (CA license No. 0G22803, NPN 9588590). For more information, please visit trupanion.com.

    Contacts:
    Media: Trupanion Corporate Communications
    Corporate.communications@trupanion.com

    Images accompanying this press release are available for use. Pictures are of various pets in their Halloween costumes.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/ea20e913-f4ec-47b5-a39f-8c691c689f7c

    https://www.globenewswire.com/NewsRoom/AttachmentNg/afb1fff5-3942-49b2-bf5c-082f346ed877

    https://www.globenewswire.com/NewsRoom/AttachmentNg/742b0d6c-1791-49b4-a200-68e784bf8e76

    The MIL Network

  • MIL-OSI Canada: Canada to Host Ministerial Conference on the Human Dimension of Ukraine’s 10-Point Peace Formula

    Source: Government of Canada News

    News release

    September 25, 2024 – New York, New York – Global Affairs Canada

    The Honourable Mélanie Joly, Minister of Foreign Affairs, today announced that Canada, together with co-organizers Norway and Ukraine, will host the Ministerial Conference on the Human Dimension of Ukraine’s 10-Point Peace Formula on October 30-31, 2024.

    The Ministerial Conference will bring together Foreign Affairs Ministers to advance the common vision articulated by the Joint Communiqué on a Peace Framework developed at the Summit on Peace in Ukraine at Bürgenstock, Switzerland, in June 2024.

    During the conference, Ministers will exchange views with the aim of developing a concrete plan, guided by the principles of international human rights and humanitarian law, for the return of prisoners of war as well as deported civilians and children back to Ukraine. The Conference participants will also aim to strengthen the International Coalition for the Return of Ukrainian Children, integrate the Women, Peace and Security perspective into the 10-Point Peace Formula, and identify approaches for post-return rehabilitation and reintegration for Ukrainian returnees.

    Quotes

    “Canada continues to deploy significant efforts to raise awareness of, and advocate on the issue of, illegally detained and deported Ukrainians, a critical issue dating back to Russia’s invasion of Ukraine in 2014 that has been exacerbated since the launch of Russia’s full-scale war of aggression in 2022. I look forward to welcoming my counterparts to Canada and exchanging views on how the international community can support Ukraine in its efforts for a comprehensive, just and lasting peace.”

    – Mélanie Joly, Minister of Foreign Affairs of Canada

    “The release of all prisoners and deported persons from Russian captivity, including children, is Ukraine’s top priority. I look forward to working together on the solutions that will ensure the return of our people back home and the restoration of just and lasting peace in Ukraine.”

    – Andrii Sybiha, Minister of Foreign Affairs of Ukraine

    “The return of all our people—every detained and deported Ukrainian—is a fundamental precondition for a comprehensive, just, and lasting peace in Ukraine. The human dimension is one of the core elements of Ukraine’s Peace Formula. It is crucial that we, as an international community, unite our efforts in Canada to find solutions that will bring every Ukrainian home.”

    – Andriy Yermak, Head of the Office of the President of Ukraine

    “Russia’s full-scale war against Ukraine has lasted for more than two and a half years. The ongoing hostilities and occupation of Ukrainian territory continuously expose Ukrainian civilians to the risk of detention by Russian forces or agents and other violations. The scale and complexity of the many thousands of Ukrainians in detention, children as well as adults, call for closer scrutiny by the world community on how to stop it, and I look forward to working closely with my Ukrainian and Canadian colleagues on this important agenda.”

    – Espen Barth Eide, Minister of Foreign Affairs of Norway

    Quick facts

    • President Volodymyr Zelenskyy introduced Ukraine’s 10-Point Peace Formula in November 2022 at the G20 summit. In August 2023, ten working groups were established, each dedicated to a specific pillar of the 10-point Peace Formula. Canada, along with Norway, are co-chairs of Working Group 4, which focuses on the return of prisoners of war, detained civilians, and illegally transferred and deported children.

    • Canada and Ukraine co-lead the International Coalition for the Return of Ukrainian Children. Launched in February 2024, in Kyiv, this coalition has expanded to 40 states, including some non-Western countries.

    • In June 2024, Ukraine and Switzerland hosted the Summit on Peace in Ukraine, a diplomatic initiative to garner international support for Ukraine’s Peace Formula. Prime Minister Justin Trudeau attended the summit and chaired a breakout session on the human dimension of the war in Ukraine. He also announced that Canada will host a ministerial conference on this human dimension this year.

    Associated links

    Contacts

    Media Relations Office
    Global Affairs Canada
    media@international.gc.ca
    Follow us on Twitter: @CanadaFP
    Like us on Facebook: Canada’s foreign policy – Global Affairs Canada

    MIL OSI Canada News

  • MIL-OSI Translation: Canada to host ministerial conference on human dimension of Ukraine’s 10-point peace formula

    MIL OSI Translation. Canadian French to English –

    Source: Government of Canada – in French 1

    Press release

    September 25, 2024 – New York, New York – Global Affairs Canada

    The Honourable Mélanie Joly, Minister of Foreign Affairs, today announced that Canada, with the support of Norway and Ukraine as co-hosts, will host the Ministerial Conference on the Human Dimension of Ukraine’s 10-Point Peace Formula on October 30-31, 2024.

    The Ministerial Conference will bring together foreign ministers to advance the vision set out in the Joint Communiqué on the Peace Framework, developed at the Ukraine Peace Summit in Bürgenstock, Switzerland, in June 2024.

    During the conference, the ministers will exchange views with the aim of developing a concrete plan, guided by international principles of human rights and humanitarian law, for the return to Ukraine of prisoners of war, as well as the civilian population and deported children. The conference participants will also aim to strengthen the International Coalition for the Repatriation of Ukrainian Children, to integrate the perspective of women, peace and security into the 10-point peace formula, and to identify approaches for the rehabilitation and reintegration of Ukrainian women and men repatriated to the country.

    Quotes

    “Canada continues to work hard to raise awareness and advocate on the issue of illegally detained and deported Ukrainians, a major issue that dates back to Russia’s invasion of Ukraine in 2014 and has been exacerbated since Russia launched its full-scale war of aggression in 2022. I look forward to welcoming my counterparts to Canada and discussing how the international community can support Ukraine in its efforts to achieve a comprehensive, just and lasting peace.”

    – Mélanie Joly, Minister of Foreign Affairs of Canada

    “The release of all prisoners and detainees, as well as all those deported to Russia, including children, is Ukraine’s top priority. I look forward to working together to find solutions that will ensure the return of our citizens and the restoration of a just and lasting peace in Ukraine.”

    – Andrii Sybiha, Minister of Foreign Affairs of Ukraine

    “The return of our people, that is, all detained and deported Ukrainians, is an essential condition for a comprehensive, just and lasting peace in Ukraine. The human dimension is one of the essential elements of Ukraine’s peace formula. It is essential that we, as the international community, join forces with Canada to find solutions that will allow all Ukrainians to return home.”

    – Andriy Yermak, Head of the Office of the President of Ukraine

    “Russia’s full-scale war against Ukraine has been going on for over two and a half years. The ongoing hostilities and occupation of Ukrainian territory place the Ukrainian civilian population at constant risk of detention by Russian forces or agents and other aggression. The scale and complexity of the detention of thousands of Ukrainians, both children and adults, demands that the global community take a closer look at how to end it, and I look forward to working closely with my colleagues from Ukraine and Canada on this important issue.”

    – Espen Barth Eide, Minister of Foreign Affairs of Norway

    Quick Facts

    President Volodymyr Zelenskyy presented Ukraine’s 10-Point Peace Formula in November 2022 at the G20 Summit. In August 2023, ten working groups were established, each dedicated to a pillar of the 10-Point Peace Formula. Canada and Norway co-chair Working Group 4, which focuses on the return of prisoners of war, civilians in detention, and illegally transferred and deported children.

    Canada and Ukraine co-lead the International Coalition for the Repatriation of Ukrainian Children. Launched in February 2024 in Kyiv, this coalition has expanded to 40 states, including some non-Western countries.

    In June 2024, Ukraine and Switzerland hosted the Ukraine Peace Summit, a diplomatic initiative aimed at garnering international support for Ukraine’s peace formula. Prime Minister Justin Trudeau attended the summit and chaired a discussion session on the human dimension of the war in Ukraine. He also announced that Canada would host a ministerial conference on the human dimension this year.

    Related links

    Contact persons

    Media Relations OfficeGlobal Affairs Canadamedia@international.gc.caFollow us on Twitter: @CanadaPELike us on Facebook: Canada’s foreign policy – Global Affairs Canada

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.

    MIL Translation OSI

  • MIL-OSI Security: Summerville  — Have you seen this stolen boat and trailer?

    Source: Royal Canadian Mounted Police

    The Grand Bay-Westfield RCMP is asking for the public’s help to locate a stolen boat and trailer from Summerville, N.B.

    The theft is believed to have occurred sometime between the overnight hours of September 20, 2024, and the morning of September 22, 2024, at a residence on Milkish Road near Summerville.

    The boat trailer is silver, with New Brunswick licence plate TMG 528.

    The boat is described as a green 2008 14-foot Tracker Grizzly 1448 aluminum boat. The boat has a grey 25 hp Yamaha four stroke outboard motor, with serial number 6BPK1031421, and model number F25LMHB.

    Anyone who has seen the trailer or the boat since the evening of September 20, or who has information that could help further the investigation, is asked to contact the Grand Bay-Westfield RCMP at 506-757-1020. Information can also be provided anonymously through Crime Stoppers at 1-800-222-TIPS (8477), by downloading the secure P3 Mobile App, or by Secure Web Tips at www.crimenb.ca.

    MIL Security OSI

  • MIL-OSI: Fortinet Announces Progress Toward its Mission to Tackle the Cybersecurity Skills Shortage

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., Sept. 25, 2024 (GLOBE NEWSWIRE) —

    John Maddison, Chief Marketing Officer at Fortinet
    “Through our longstanding investments to address the cyber talent shortage, Fortinet continues to grow and expand our programs and strategic partnerships by delivering an award-winning cybersecurity training and certification program. Addressing the cyber skills gap is vital to enhancing our society’s collective cyber resiliency and we are committed to developing the current and future cyber workforce through the Fortinet Training Institute. As part of this effort, we remain focused on our pledge to train 1 million individuals in cyber by 2026.”

    News Summary  
    Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced significant progress in its mission to address the cybersecurity skills shortage through its Training Institute programs. As part of the company’s commitment to closing the cyber workforce gap, Fortinet pledged to train 1 million people in cybersecurity by the end of 2026 and through the Fortinet Training Institute programs has achieved significant strides toward this goal. With more than half a million people having been trained since the 5-year span pledge was announced, Fortinet is on track to meet this commitment by the end of 2026.

    As the cybersecurity landscape grows increasingly complex, the demand for skilled professionals continues to grow with an estimated 4.8 million cybersecurity professionals required to address the industry’s workforce gap. At the same time, Fortinet’s 2024 Global Cybersecurity Skills Gap Report reveals that 70% of organizations believe the shortage of skilled cybersecurity professionals is increasing risks to their security.

    Fortinet is at the forefront of working to address the skills gap by providing award-winning training and certification curriculum designed to equip individuals with the necessary skills and knowledge to better mitigate cyber risks. Additional recent key initiatives and achievements include:

    • Award-Winning Cybersecurity Curriculum: Fortinet’s most recent industry acknowledgement includes winning the 2024 SC Awards for Best Professional Certification Program. In the fall of 2023, Fortinet introduced enhancements to the Fortinet Network Security Expert (NSE) Certification program, providing multiple certification options focused on role-based training – such as administrator, analyst, architect – as well as a foundational certification level. Fortinet has also been honored with Gold for best cybersecurity training and Gold for best security awareness program from the Cybersecurity Excellence Awards; Gold for cyber and education and training and security awareness and training from the Globee 2024 Cyber Security Global Excellence Awards; and Most Innovative in cybersecurity training and certification, and security awareness and training service from the Global Infosec Awards, among others.
    • European Commission’s Cybersecurity Skills Academy Initiative Pledge: Earlier this year, Fortinet pledged to offer its award-winning cybersecurity training and security awareness curriculum to up to 75,000 individuals for free in Europe over the next three years. Since joining this initiative, Fortinet is offering its Certification program curriculum through the Cybersecurity Skills Academy and expanding learning opportunities for individuals across all 27 countries of the European Union, helping develop critical cyber skills in the region.
    • All-India Council for Technical Education (AICTE) and EduSkills Foundation Partnership: Fortinet is partnering with the All-India Council for Technical Education (AICTE) and EduSkills Foundation to offer 100,000 virtual internships in the field of cybersecurity across India, as well as providing our Certification program free of cost.
    • Fortinet Cyber Bootcamps Help Develop the Future Cyber Workforce: Fortinet is partnering with organizations across the world to host cybersecurity and networking bootcamps to further increase access to its training curriculum. Earlier this year, Fortinet hosted a threat hunting workshop for participants of the MITRE Embedded Capture the Flag (eCTF) competition, which included students from around the world. Attendees of the Fortinet workshop gained hands-on cybersecurity experience, assuming the role of a security analyst to identify adversarial behaviors using renowned frameworks and procedures.
    • Continuing to Drive a Diverse Cyber Workforce through Partnerships: Through the Education Outreach program and Veterans program, Fortinet cultivates partnerships to drive a skilled, inclusive and diverse cyber workforce. More recently, Fortinet partnered with the British Columbia Institute of Technology (BCIT), Cyber Catalyst Talent Solutions, and Tech Vets Canada, among others, on an in-person bootcamp specifically for veterans interested in gaining technical and hands-on expertise in cyber. Fortinet also collaborated with several Fortinet Veteran program and Education Outreach program partners earlier this year – including Cerco, Helping Heroes, Hire Heroes USA, Onward 2 Opportunity, TechVets, and VetSec – to offer a nine-week Networking Fundamentals Bootcamp this year to further upskill and reskill veterans. Additionally, Fortinet is continuing to partner with Women in CyberSecurity (WiCyS) to offer members a Networking Fundamentals Bootcamp designed as an entry point for those wanting to pursue a career in cybersecurity.

    Building on Fortinet’s Longstanding Commitment to Close the Global Cyber Skills Gap
    These initiatives build on Fortinet’s longstanding commitment to address the cybersecurity skills gap worldwide. The Fortinet Training Institute delivers training and certifications to IT and security professionals, students and educators, and underserved communities, through its various programs. The ecosystem supporting these programs – including the Education Outreach program, the Veterans program and the Academic Partner program – is comprised of more than 700 partners across more than 100 countries globally.

    To further help advance this work, Fortinet is a part of various public-private partnerships, including participating in the White House’s National Cyber Workforce and Education Strategy commitments by introducing free security awareness training for primary and secondary school educators and students globally including school districts across the United States, United KingdomCanadaAustralia and Brazil. All these efforts contribute toward Fortinet’s goal to train 1 million people globally in cyber by 2026.

    Additional Resources

    About Fortinet 
    Fortinet (NASDAQ: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere you need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet’s solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with esteemed organizations from both the public and private sectors, including CERTs, government entities, and academia, is a fundamental aspect of Fortinet’s commitment to enhance cyber resilience globally. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs.    

    Media Contact:  Investor Contact:  Analyst Contact: 
    Stephanie Lira
    Fortinet, Inc. 
    408-235-7700 
    pr@fortinet.com 
      
    Aaron Ovadia 
    Fortinet, Inc.  
    408-235-7700 
    investors@fortinet.com 
    Brian Greenberg  
    Fortinet, Inc. 
    408-235-7700 
    analystrelations@fortinet.com 

    The MIL Network

  • MIL-OSI: Buchanan Technologies Strengthens Oracle Expertise with Heartland IT Consulting Acquisition

    Source: GlobeNewswire (MIL-OSI)

    GRAPEVINE, Texas, Sept. 25, 2024 (GLOBE NEWSWIRE) — Buchanan Technologies, a leading IT and Application Managed Services provider, has acquired Dallas-based Heartland IT, an IT services firm with primary expertise in Oracle technologies, including Oracle Fusion Applications (OFA), Oracle Cloud Infrastructure (OCI), Oracle EBS, JD Edwards, and PeopleSoft. This marks the third acquisition Buchanan has completed in the last three years centered around its Oracle solutions.

    Heartland IT was founded in 2010 with a vision to be the premier Oracle consulting firm providing services to multi­national organizations. With exceptional delivery expertise in Oracle technologies and a robust grasp of the needs of diverse industries, Heartland IT has created innovative solutions for its tenured customer base, assisting clients with their journey through the Oracle ecosystem. Buchanan will leverage this expertise to enhance the growth of its Oracle and Applications Services practice.

    Buchanan Technologies is going through a period of rapid growth, and by bringing Heartland IT into the fold, it can utilize the two organizations’ combined strengths to better service the growing demand for managed services across the entire technology stack as a one-stop solution for mid-market and enterprise customers. “Heartland IT’s expertise in Oracle solutions and their proven track record in consulting services further cements Buchanan’s ability to deliver a distinctive, holistic, and innovative approach to customers across the globe who rely on Oracle technologies within their business,” said Jim Buchanan, Founder and CEO of Buchanan Technologies.

    Patrick Donlin, CEO and President of Sales for Heartland IT, commented, “We are proud to be a part of the Buchanan team. Buchanan’s breadth of experience and customers for Oracle-based solutions is a natural fit and perfectly aligns with the vision of Heartland for being a premier Oracle consulting firm. We look forward to supplementing and growing as one team.”

    Buchanan Technologies is backed by Lightview Capital. Heartland IT was represented by Sett & Lucas. With this acquisition, Buchanan Technologies and Heartland IT will set new benchmarks in Oracle-based consulting services.

    About Buchanan Technologies
    Established in 1988, Buchanan Technologies is an award-winning managed services provider offering innovative IT services and customized solutions to mid-tier and enterprise-level organizations across the United States, Canada, and Europe. Buchanan offers flexible and customizable solutions to accommodate any IT needs – whether it is improving customer experience, serving with onsite IT services, or complete managed IT solutions – and believes every interaction matters with each customer to provide a seamless user experience. To learn how Buchanan can simplify your IT solution, visit www.buchanan.com.

    About Heartland IT Consulting
    Heartland IT Consulting is a resource delivery firm that supplies hard-to-locate consultants who specialize in Oracle products including Oracle Enterprise Business suite, JD Edwards, PeopleSoft, Business Intelligence and Oracle Cloud applications. Heartland offers clients a flexible partnership as Heartland’s Resource Delivery Model innovatively creates contract and permanent staffing solutions to fit any client’s needs.

    About Lightview Capital
    Lightview Capital is a leading private equity firm focused on investing in founder-owned companies in the business services and tech-enabled services industries. Lightview partners with its portfolio companies by providing deep industry knowledge, insightful experience, and active resources to unlock growth and drive value. Lightview Capital’s approachable investment style combines deep operational and financial experience with an entrepreneurial spirit that delivers measurable results. For more information, visit lightviewcapital.com.

    Media Contact:

    LaRessa Cox
    Vice President of Marketing,
    Buchanan Technologies
    lcox@buchanan.com
    +1-972-910-7544

    The MIL Network

  • MIL-OSI: Altus Group Releases Q3 2024 CRE Industry Conditions & Sentiment Survey Findings

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK and TORONTO, Sept. 25, 2024 (GLOBE NEWSWIRE) — Altus Group Limited (“Altus” or “the Company”) (TSX: AIF), a leading provider of asset and fund intelligence for commercial real estate (“CRE”), today released the findings from its Q3 2024 CRE Industry Conditions & Sentiment Survey, a quarterly survey that collects insights on current market conditions and future expectations. The latest survey draws on feedback from 437 seasoned CRE professionals representing over 163 firms in the U.S. and Canada from July 11 to August 6, 2024.

    The Q3 2024 CRE Industry Conditions & Sentiment Survey highlights participants’ perspectives on several topics, including:

    • Operating environment expectations: the majority of respondents (69% in the U.S. and 67% in Canada) described the near-term operating environment as “somewhat challenging” – consistent with the sentiment expressed the prior quarter in both markets.
    • Current focus areas: primary focus over the next six months remains on managing existing portfolios and exposures, with an uptick in respondents indicating they plan to deploy capital (up 11 percentage points in the U.S. and up 2 percentage points in Canada over the prior quarter).
    • Transaction intentions over the next six months: a significant majority of respondents (89% in the U.S. and 75% in Canada) signalled intent to transact, nearly 10 percentage points higher than last quarter for both countries.
    • Perception of pricing shifts: across the largest property sectors in the U.S., participants increasingly described current pricing as being “priced about right”, while in Canada respondents still characterized much of the market as largely “overpriced”.
    • Property performance expectations: industrial and multifamily asset classes continued to be top ranked as best performers, with office consistently ranked as a worst performer.
    • Priority issues: the cost of capital/interest rates remained as the top concern, reflecting overall low expectations for capital availability.

    “The survey results revealed lingering concerns in the commercial real estate market in Q3, though there was increasing optimism about future improvements,” commented Omar Eltorai, Director of Research, Altus Group. “While CRE transaction activity remained muted in the face of high borrowing costs and expectations of impending interest rate cuts, last week’s rate cut in the U.S. should boost investor sentiment, potentially encouraging those on the sidelines to re-engage with the market.”

    To download the full reports by country, please use the following links:

    About Altus Group

    Altus Group is a leading provider of asset and fund intelligence for commercial real estate. We deliver intelligence as a service to our global client base through a connected platform of industry-leading technology, advanced analytics, and advisory services. Trusted by the largest CRE leaders, our capabilities help commercial real estate investors, developers, proprietors, lenders, and advisors manage risks and improve performance returns throughout the asset and fund lifecycle. Altus Group is a global company headquartered in Toronto with approximately 2,900 employees across North America, EMEA and Asia Pacific. For more information about Altus (TSX: AIF) please visit www.altusgroup.com.

    FOR FURTHER INFORMATION PLEASE CONTACT:

    Elizabeth Lambe
    Director, Global Communications, Altus Group
    1-416-641-9787
    Elizabeth.Lambe@altusgroup.com

    The MIL Network

  • MIL-OSI Security: Defense News: Joint Force Command Norfolk, U.S. Second Fleet Join 2024 Tri-Party in Halifax: Focuses on Arctic Defense and Homeland Security

    Source: United States Navy

    The Tri-Party Staff Talks, established in 2015, bring together key maritime forces to enhance collaboration and ensure interoperability between U.S. and Canadian forces. The discussions center on joint operations, intelligence sharing, and defense strategy, particularly in the North Atlantic and Arctic.

    As Second Fleet leads naval operations in the western Atlantic, Perry’s dual role with NATO adds further significance to the talks, underscoring the need for seamless coordination among Allied forces.

    “Our mission is clear, to safeguard the Atlantic and Arctic, maintain maritime security, and ensure free and open access to international waters,” said Perry. “These talks enhance our joint capabilities as we confront emerging challenges, including the protection of undersea infrastructure and rising competition in the Arctic.”

    This year’s talks will address several pressing issues. A primary focus is the growing importance of Arctic operations as the region has increased activity. The Tri-Party will evaluate strategies for improving Arctic domain awareness, enhancing cold-weather capabilities, and refining joint responses to potential security threats.

    The 2024 Tri-Party staff talks also provide an opportunity to review joint exercises held earlier this year. Operation Nanook (OP NANOOK) 2024, conducted from August 15-27, brought together the U.S. Navy, U.S. Coast Guard, Royal Canadian Navy, and Royal Danish Navy for exercise operations in the Arctic waters near Nuuk, Greenland. These exercises included maritime interdiction training, gunnery drills, and search-and-rescue simulations that tested the forces’ ability to operate in harsh Arctic conditions.

    “Operation Nanook proved that our joint forces are ready to meet the challenges of the Arctic environment,” said Perry. “It also strengthened our collaboration with Canada and other NATO partners. Second Fleet is a premier fighting force, and we will continue to demonstrate this to the world. We are adaptable, flexible and above all, ready to fight.”

    Additionally, Tri-Party members conducted Frontier Sentinel 2024 in June; a tabletop exercise focused on refining operational procedures for defending undersea infrastructure. These exercises highlight the need for enhanced communication and operational alignment among the Tri-Party forces.

    Royal Canadian Rear Adm. David Patchell, Vice Commander, U.S. 2nd Fleet, emphasized the growing strategic importance of the Arctic.

    “The arctic environment is dynamic, its maritime terrain changes every day, and it is essential that we prioritize Northern operations,” said Patchell. “The ability for the Tri Party forces to operate together in this environment is essential to maintaining stability in the region. This year’s talks are focused on understanding our shared challenges and optimizing our joint training to ensure we’re ready for future challenges.”

    Perry noted the DoD’s 2024 Arctic Strategy has provided a framework for the Tri-Party partnership to further strengthen Arctic defense amongst the everchanging Arctic landscape.

    The 2024 Tri-Party staff talks reaffirm the enduring partnership between U.S. and Canadian maritime forces and their commitment to maintaining peace, security, and freedom of navigation in the Atlantic and Arctic. With joint exercises, enhanced interoperability, and shared strategic planning, the Tri-Party partnership remains prepared to protect North American interests and address future security challenges.

    MIL Security OSI

  • MIL-OSI Security: Carmanville — Man arrested by RCMP for discharging firearm at residence in Frederickton

    Source: Royal Canadian Mounted Police

    Following a recent report of a firearm being discharged at a residence in Frederickton, 22-year-old Aaron Russell of Carmanville was arrested by RCMP on September 24, 2024.

    During the early morning hours of Saturday, September 14, 2024, Carmanville RCMP received a report of a shot fired at a home on Bayview Road in Frederickton. RCMP officers from Carmanville and Gander detachments, as well as RCMP Police Dog Services and Forensic Identification Services, attended the scene. The investigation determined that a shot had been fired at the home and that the incident was not a random act. No one was injured.

    RCMP NL’s East District General Investigation Section assisted in the investigation and the suspect, Aaron Russell, who was known to the home occupant, was identified. Efforts to locate Russell were unsuccessful and a warrant for his arrest was obtained.

    Russell turned himself in last evening and remains in custody. He will appear in court today and is charged with the following offences:

    • Unauthorized possession of a firearm
    • Discharging a firearm while being reckless
    • Careless use of a firearm

    The investigation is continuing.

    RCMP NL continues to fulfill its mandate to protect public safety, enforce the law, and ensure the delivery of priority policing services in Newfoundland and Labrador.

    MIL Security OSI

  • MIL-OSI Canada: Government of Canada invests close to $4M in quantum sector with support for Calcul Québec and Anyon Systems

    Source: Government of Canada News

    The two organizations receive a total of $3,997,500 in financial assistance from CED.

    The two organizations receive a total of $3,997,500 in financial assistance from CED.

    Montréal, Quebec, September 25, 2024Canada Economic Development for Quebec Regions (CED)

    Supporting the development, adoption and commercialization of quantum technologies not only helps Quebec organizations to position themselves in this emerging field, but also strengthens Canada’s global leadership. That is why the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, on behalf of the Honourable Soraya Martinez Ferrada, Minister of Tourism and Minister responsible for CED, today announced a non-repayable contribution of $3,500,000 for Calcul Québec and a repayable contribution of $497,500 for Anyon Systems.

    Calcul Québec is a non-profit organization with a mission to provide cutting-edge infrastructure for computational calculations for academic and scientific research and for businesses. Its computational servers, also called supercomputers, are shared by thousands of researchers, mainly in Quebec, but also across Canada. MonarQ, its quantum computer designed by Anyon Systems, is located at the École de technologie supérieure (ÉTS) in a room dedicated to advanced computation, a site that already houses one of the country’s most powerful supercomputers. Calcul Québec’s project aims to increase MonarQ’s computational power from 12 to 24 qubits and thereby better meet businesses’ technology transfer needs.

    Anyon Systems is a Montréal business that develops turn-key quantum computing products such as integrated quantum computers, as well as electronic controllers and cryogenic systems. CED’s support will enable it to pursue its growth and continue to commercialize technologies resulting from R&D, including by manufacturing a demonstrator and participating in trade fairs.

    To support Canada’s quantum sector and solidify the country’s position among the leaders in this fast‑growing field, the Government of Canada has implemented a National Quantum Strategy. The goal of the Strategy is to help Canadian businesses adopt quantum technologies so that they can position themselves in this emerging field and generate economic benefits for the entire community.

    Quotes

    “Quantum research and computing are more than just the frontiers of technology but a keystone for innovation. By unlocking new realms of problem-solving and processing power, they promise to drive unprecedented economic growth, reshape industries, and address the most pressing challenges of our society, from climate change to healthcare. The quantum technology of today builds a more resilient, prosperous, and equitable tomorrow.”

    The Honourable François-Philippe Champagne, Member of Parliament for Saint-Maurice–Champlain and Minister of Innovation, Science and Industry

    “Quebec and Canada are taking their place in the economy of the future, and our government is here to support them. MonarQ’s arrival will give the academic and scientific communities and businesses access to the quantum technologies needed for research in fields as diverse as energy, transportation, pharmaceuticals and materials. By boosting innovation in this way, we are ensuring Quebec’s SMEs and organizations are well positioned and ensuring our global leadership in this area. Congratulations to Calcul Québec, Anyon Systems and the ÉTS on this outcome!”

    The Honourable Soraya Martinez Ferrada, Member of Parliament for Hochelaga, Minister of Tourism and Minister responsible for CED

    “Integrating the computational power of a quantum computer into Calcul Québec’s service offering will provide the research and innovation community with a unique opportunity to develop and test new quantum and hybrid algorithms. This will be done while also guaranteeing that all intellectual property generated will remain within Quebec and Canadian institutions. MonarQ will also enable Calcul Québec, in collaboration with research teams, to develop techniques essential to ensuring fluid interoperability between classic and quantum computers. This new infrastructure, which will have an impact both nationally and internationally, will foster the development of free software, thereby strengthening accessibility and innovation in the field.”

    Suzanne Talon, CEO, Calcul Québec

    “Installing the MonarQ superconductor quantum computer in Calcul Québec’s room dedicated to advanced computer calculations enables Anyon Systems to take a major step forward in developing quantum computing solutions. We are proud to be able to offer researchers and industrial users a quantum solution designed and developed entirely in Canada.”

    Alireza Najafi-Yazdi, CEO, Anyon Systems

    Quick facts

    • Funding has been provided under CED’s Support for Regional Quantum Innovation initiative, which stems from the Government of Canada’s National Quantum Strategy.
    • This initiative has a budget of $23.3 million to be used to make strategic investments up to 2028 to help SMEs and NPOs adopt, develop and commercialize quantum technologies and products based on these technologies.
    • CED is the key federal partner in Quebec’s regional economic development. Through its 12 regional business offices, CED accompanies businesses, supporting organizations and all regions across Quebec into tomorrow’s economy.

    Associated links

    Information

    Media Relations
    Canada Economic Development for Quebec Regions
    media@dec-ced.gc.ca

    Marie-Justine Torres Ames
    Press Secretary
    Office of the Minister of Tourism and Minister responsible for
    Canada Economic Development for Quebec Regions
    Cell: 613-327-5918
    Marie-Justine.TorresAmes@ised-isde.gc.ca

    Stay connected

    Follow CED on social media
    Consult CED’s news

    MIL OSI Canada News

  • MIL-OSI Security: Pelican Narrows — Saskatchewan RCMP: Increased police presence in Pelican Narrows

    Source: Royal Canadian Mounted Police

    Saskatchewan RCMP advises there is an increased police presence in the area of Wood Crescent in Pelican Narrows in relation to an ongoing investigation. People are asked to avoid the area(s) where officers are present and to follow any police direction provided.

    We will issue 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 Security: Fishing Lake First Nation — Saskatchewan Serious Incident Response Team notified after male’s death

    Source: Royal Canadian Mounted Police

    On September 24, 2024, Saskatchewan RCMP received a report that a wanted male was in the Fishing Lake First Nation area.

    Multiple Saskatchewan RCMP units began searching for the male. Around 1 p.m., officers observed a van travelling at a high rate of speed. They activated their emergency lights and attempted a traffic stop. The vehicle did not stop.

    Soon after, Saskatchewan RCMP received a report the wanted male stole a van from a school on Fishing Lake First Nation. Investigation determined it was the van that fled from the officers. The male was reported to be armed.

    Officers pursued the van through roads in rural areas. Saskatchewan RCMP carefully monitored the pursuit for public safety risk, including preparing to send a dangerous person alert.

    At around 1:45 p.m., the van entered a field. Firearms were discharged and the van continued travelling.

    The van came to a stop and additional shots were discharged. The sole occupant was located inside, injured. He was declared deceased by EMS at the scene.

    The male has been identified as 34-year-old Joseph “Joey” Desjarlais. We are identifying him as Saskatchewan RCMP had asked the public for information about him in a number of media releases issued during the past two weeks.

    His family has been notified.

    As required by The Police Act, 1990, Saskatchewan RCMP notified the Saskatchewan Serious Incident Response Team (SIRT). SIRT will investigate the Saskatchewan RCMP’s interaction with the deceased and the circumstances of his death.

    The Saskatchewan RCMP is disclosing this as part of our ongoing commitment to transparency.

    Any inquiries regarding this matter can be directed to SIRT.

    MIL Security OSI

  • MIL-OSI Security: Makwa Sahgaiehcan First Nation — Loon Lake RCMP investigating serious assault

    Source: Royal Canadian Mounted Police

    On September 23, 2024 at approximately 9:00 a.m., Loon Lake RCMP received a report of a serious assault that occurred at a residence on Makwa Sahgaiehcan First Nation, SK.

    Officers responded along with EMS and located an injured adult male outside the residence. He was taken to hospital with injuries described as serious in nature.

    Loon Lake RCMP continue to investigate.

    If you witnessed suspicious activity near Makwa Sahgaiehcan First Nation between the evening of September 22 and the morning of September 23, please contact Loon Lake RCMP immediately at 310-RCMP (7267). 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 Canada: Government of Canada advances 2SLGBTQI+ inclusion in Ontario with funding for Rainbow Community Places

    Source: Government of Canada News (2)

    News release

    September 25, 2024 – Scarborough, Ontario — Women and Gender Equality Canada

    Equality depends on all people having the opportunity to participate fully in Canada’s economic, social, and political life. Removing systemic barriers with respect to sexual orientation, gender identity, or gender expression through the inclusion of 2SLGBTQI+ communities will ensure a better future for all Canadians.

    Today, the Honourable Marci Ien, Minister for Women and Gender Equality and Youth, announced $147,000 for Rainbow Community Places, a 2SLGBTQI+ organization based in Scarborough, Ontario.

    This funding will enable Rainbow Community Places to improve their organizational governance, develop a donation system, and craft a sustainability plan to increase financial stability. The organization will also develop strategies to attract volunteers, build partnerships through outreach, and develop an advocacy strategy.

    Through the Federal 2SLGBTQI+ Action Plan, the Government of Canada continues to advance rights and equality for 2SLGBTQI+ communities. This work will continue to be guided by collaboration directly with community partners, whose work and lived experiences help address inequities experienced by 2SLGBTQI+ people.

    Quotes

    “Amidst a rise in hate, the federal government stands shoulder to shoulder with Canada’s 2SLGBTQI+ communities. In order to assist these communities, we are investing in the vital community organizations that serve them, like Rainbow Community Places in Scarborough. At the end of the day, it is organizations like this that are on the front lines of ensuring that 2SLGBTQI+ communities can thrive and grow, building a more vibrant and inclusive country for everyone.”

    The Honourable Marci Ien, Minister for Women and Gender Equality and Youth

    “Working with grassroots organizations, led by 2SLGBTQI+ communities, is how we will create and sustain safe and vibrant communities here in Scarborough. Supporting the commendable work of these organizations brings us one step closer to the diverse, inclusive vision of the Federal 2SLGBTQI+ Action Plan.”

    The Honourable Bill Blair, Minister of National Defence and Member of Parliament for Scarborough Southwest

    “The support of the community capacity funding from Women and Gender Equality Canada (WAGE) has been key to enabling Rainbow Community Places to move forward with building the organizational infrastructure needed to put it on the path to effective governance and financial sustainability. In these troubled times, we are seeing a rapid rise in violence and hate crimes based on sexual orientation, leaving 2SLGBTQI+ communities feeling isolated and under attack. In response, Rainbow Community Places is seeking to offer a welcoming place of belonging and support to 2SLGBTQI+ community members through the Toby’s Place youth and Dorothy’s Place seniors’ drop-in programs. The WAGE funding over a 28-month period is providing a solid financial base for our organization’s growth and development, and we greatly appreciate this federal government support.”

    Julian Monro, Executive Director, Rainbow Community Places

    Quick facts

    • The Government of Canada has invested over $250 million to advance rights and improve equality for 2SLGBTQI+ communities over the past eight years. As part of this total, $100 million over five years (2022–27) has been committed directly to the Federal 2SLGBTQI+ Action Plan.

    • Among the Canadian population aged 15 years and older, 1.3 million people reported being part of the 2SLGBTQI+ population. Of this group, 10.5% were between the ages of 15 and 24. Of that 10.5%, 1% identified as transgender or non-binary.

    • Among those aged 15 years and older, 3 in 10 (29.7%) 2SLGBTQ+ people reported their mental health to be fair or poor, compared with fewer than 1 in 10 non-2SLGBTQ+ individuals (9.1%).

    Associated links

    Contacts

    Carolyn Svonkin
    Director of Communications
    Office of the Minister for Women and Gender Equality and Youth
    Carolyn.Svonkin@fegc-wage.gc.ca

    Media Relations  
    Women and Gender Equality Canada  
    819-420-6530  
    FEGC.Media.WAGE@fegc-wage.gc.ca

    Follow Women and Gender Equality Canada:  

    MIL OSI Canada News

  • MIL-OSI Translation: Seizure of prohibited and unauthorized objects at the Archambault Establishment

    MIL OSI Translation. Canadian French to English –

    Source: Government of Canada – in French

    On September 11, 2024, thanks to the vigilance of staff, prohibited and unauthorized items were seized at Archambault Institution, a federal institution with multiple security levels.

    September 13, 2024 – Sainte-Anne-des-Plaines Quebec – Correctional Service Canada

    On September 11, 2024, thanks to the vigilance of staff, prohibited and unauthorized items were seized at Archambault Institution, a federal institution with multiple security levels.

    Among the seized prohibited and unauthorized items were hashish, marijuana and tobacco. In total, the institutional value of the seized items is estimated at $80,400.

    The Correctional Service of Canada (CSC) has a number of tools to prevent the introduction of drugs into its institutions. These tools include ion scanners and drug-detector dogs to search buildings, personal property, inmates and visitors.

    CSC is strengthening measures to prevent contraband from entering its institutions to ensure a safe and secure environment for all. CSC is also working in partnership with police forces to take action against individuals who attempt to bring contraband into correctional institutions.

    CSC has established a telephone information line for all federal institutions to provide additional information on activities related to the security of CSC institutions. This may include activities related to drug use or trafficking that may threaten the safety of visitors, inmates or people working in CSC institutions.

    Using the toll-free line, 1-866-780-3784, helps ensure that the information transmitted is protected and that anonymity remains maintained.

    -30-

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.

    MIL Translation OSI

  • MIL-OSI Translation: The Government of Canada invests nearly $4 million in the quantum sector by supporting Calcul Québec and Anyon Systèmes

    MIL OSI Translation. Canadian French to English –

    Source: Government of Canada – in French

    The two organizations receive financial assistance totaling $3,997,500 from DEC.

    The two organizations receive financial assistance totaling $3,997,500 from DEC.

    Montreal (Quebec), September 25, 2024 – Canada Economic Development for Quebec Regions (DEC)

    Supporting the development, adoption and commercialization of quantum technologies helps position Quebec organizations in this emerging field, while strengthening Canada’s global leadership. This is why the Honourable François-Philippe Champagne, Canada’s Minister of Innovation, Science and Industry, announced today, on behalf of the Honourable Soraya Martinez Ferrada, Minister of Tourism and Minister responsible for CED, a non-repayable contribution of $3,500,000 to Calcul Québec and a repayable contribution of $497,500 to Anyon Systèmes.

    Calcul Québec is a non-profit organization whose mission is to provide cutting-edge computational computing infrastructure for academic and scientific research and businesses. Its computing servers, also called supercomputers, are shared by thousands of researchers, mainly in Quebec, but also in Canada. MonarQ, its quantum computer designed by Anyon Systèmes, is located at the École de technologie supérieure (ÉTS) in a room dedicated to advanced computing, a site that already hosts one of the most powerful supercomputers in the country. Calcul Québec’s project aims to increase MonarQ’s computing power from 12 to 24 qubits and thus better meet the technology transfer needs of businesses.

    Anyon Systèmes is a Montreal-based company that develops turnkey quantum computing products such as integrated quantum computers, electronic controllers and cryogenic systems. CED’s support will enable it to continue its growth and commercialize the technologies resulting from its research and development, including the manufacture of a demonstrator and participation in trade shows.

    To support Canada’s quantum sector and solidify the country’s position as a leader in this growing field, the Government of Canada has implemented the National Quantum Strategy. It aims to help Canadian companies adopt quantum technologies so that they can position themselves in this emerging field and generate economic benefits for the entire community.

    Quotes

    “Quantum research and computing push the boundaries of technology and are the cornerstone of innovation. These powerful, high-performance computing tools will solve problems, drive unprecedented economic growth, transform industries, and address our society’s most significant challenges, from climate change to healthcare. Today’s quantum technology is enabling a more resilient, prosperous, and equitable future.”

    The Honourable François-Philippe Champagne, Member of Parliament for Saint-Maurice–Champlain, Minister of Innovation, Science and Industry of Canada

    “Quebec and Canada are taking their place in the economy of the future, and our government is there to support them. The arrival of MonarQ will allow the academic and scientific community and businesses to have access to the quantum technologies needed for research in fields as diverse as energy, transportation, pharmaceuticals and materials. By supporting innovation in this way, we are ensuring that Quebec SMEs and organizations are well positioned and strengthening our global leadership in this field. Congratulations to Calcul Québec, Anyon Systèmes and ÉTS for this achievement!”

    The Honourable Soraya Martinez Ferrada, Member of Parliament for Hochelaga, Minister of Tourism and Minister responsible for DEC

    “Integrating the computing power of a quantum computer into Calcul Québec’s service offering will provide the research and innovation community with a unique opportunity to develop and test new quantum and hybrid algorithms. This will be done while ensuring that all intellectual property generated remains the property of Quebec and Canadian institutions. MonarQ will also enable Calcul Québec, in collaboration with research teams, to develop essential techniques to ensure seamless interoperability between classical and quantum computers. This new infrastructure, with its national and international impact, will promote the development of free software, thereby strengthening accessibility and innovation in the field.”

    Suzanne Talon, General Manager, Calcul Québec

    “The installation of the MonarQ superconducting quantum computer in Calcul Québec’s advanced computing room allows Anyon Systèmes to take an important step in its development of quantum computing solutions. We are proud to be able to offer researchers and industrial users a quantum solution entirely designed and developed in Canada.”

    Alireza Najafi-Yazdi, Managing Director, Anyon Systems

    Quick Facts

    The funding was provided under CED’s Support for Regional Quantum Innovation, which stems from the Government of Canada’s National Quantum Strategy. This support has a budget of $23.3 million that will allow for strategic investments until 2028 to help SMEs and NPOs adopt, develop and commercialize quantum technologies and products based on these technologies. CED is the key federal partner in regional economic development in Quebec. Through its 12 regional business offices, CED supports businesses, support organizations and all regions of Quebec towards the economy of tomorrow.

    Related links

    Information

    Media RelationsCanada Economic Development for Quebec Regionsmedia@dec-ced.gc.ca

    Marie-Justine TorresPress SecretaryOffice of the Minister of Tourism and Minister responsible for Canada Economic Development for Quebec RegionsCell.: 613-327-5918marie-justine.torresames@ised-isde.gc.ca

    Stay Connected

    Follow DEC on thesocial networksCheck out thenewsfrom DEC

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.

    MIL Translation OSI

  • MIL-OSI USA: In Odd Galaxy, NASA’s Webb Finds Potential Missing Link to First Stars

    Source: NASA

    Looking deep into the early universe with NASA’s James Webb Space Telescope, astronomers have found something unprecedented: a galaxy with an odd light signature, which they attribute to its gas outshining its stars. Found approximately one billion years after the big bang, galaxy GS-NDG-9422 (9422) may be a missing-link phase of galactic evolution between the universe’s first stars and familiar, well-established galaxies.

    Image A: Galaxy GS-NDG-9422 (NIRCam Image)

    “My first thought in looking at the galaxy’s spectrum was, ‘that’s weird,’ which is exactly what the Webb telescope was designed to reveal: totally new phenomena in the early universe that will help us understand how the cosmic story began,” said lead researcher Alex Cameron of the University of Oxford.

    Cameron reached out to colleague Harley Katz, a theorist, to discuss the strange data. Working together, their team found that computer models of cosmic gas clouds heated by very hot, massive stars, to an extent that the gas shone brighter than the stars, was nearly a perfect match to Webb’s observations.

    “It looks like these stars must be much hotter and more massive than what we see in the local universe, which makes sense because the early universe was a very different environment,” said Katz, of Oxford and the University of Chicago.

    In the local universe, typical hot, massive stars have a temperature ranging between 70,000 to 90,000 degrees Fahrenheit (40,000 to 50,000 degrees Celsius). According to the team, galaxy 9422 has stars hotter than 140,000 degrees Fahrenheit (80,000 degrees Celsius).

    The research team suspects that the galaxy is in the midst of a brief phase of intense star formation inside a cloud of dense gas that is producing a large number of massive, hot stars. The gas cloud is being hit with so many photons of light from the stars that it is shining extremely brightly.

    Image B: Galaxy GS-NDG-9422 Spectrum (NIRSpec)

    In addition to its novelty, nebular gas outshining stars is intriguing because it is something predicted in the environments of the universe’s first generation of stars, which astronomers classify as Population III stars.

    “We know that this galaxy does not have Population III stars, because the Webb data shows too much chemical complexity. However, its stars are different than what we are familiar with – the exotic stars in this galaxy could be a guide for understanding how galaxies transitioned from primordial stars to the types of galaxies we already know,” said Katz.

    At this point, galaxy 9422 is one example of this phase of galaxy development, so there are still many questions to be answered. Are these conditions common in galaxies at this time period, or a rare occurrence? What more can they tell us about even earlier phases of galaxy evolution? Cameron, Katz, and their research colleagues are actively identifying more galaxies to add to this population to better understand what was happening in the universe within the first billion years after the big bang.

    “It’s a very exciting time, to be able to use the Webb telescope to explore this time in the universe that was once inaccessible,” Cameron said. “We are just at the beginning of new discoveries and understanding.”

    The research paper is published in Monthly Notices of the Royal Astronomical Society.

    The James Webb Space Telescope is the world’s premier space science observatory. Webb is solving mysteries in our solar system, looking beyond to distant worlds around other stars, and probing the mysterious structures and origins of our universe and our place in it. Webb is an international program led by NASA with its partners, ESA (European Space Agency) and CSA (Canadian Space Agency).

    Downloads

    Right click any image to save it or open a larger version in a new tab/window via the browser’s popup menu.

    View/Download all image products at all resolutions for this article from the Space Telescope Science Institute.

    View/Download the research results from the Monthly Notices of the Royal Astronomical Society.

    Media Contacts

    Laura Betz – laura.e.betz@nasa.gov, Rob Gutro – rob.gutro@nasa.govNASA’s Goddard Space Flight Center, Greenbelt, Md.

    Christine Pulliam – cpulliam@stsci.edu, Leah Ramsay – lramsay@stsci.eduSpace Telescope Science Institute, Baltimore, Md.

    Related Information

    Read more: “What Were the First Stars Like?”

    Watch: “Massive Stars: Engines of Creation”

    Learn about spectroscopy: “Spectroscopy 101 – Introduction”

    Star Lifecycle

    More Webb News

    More Webb Images

    Webb Science Themes

    Webb Mission Page

    Related For Kids

    What is a galaxy?

    What is the Webb Telescope?

    SpacePlace for Kids

    En Español

    Ciencia de la NASA

    NASA en español 

    Space Place para niños

    MIL OSI USA News