Economy of Canada

Brookfield Infrastructure Issues $200 Million Inaugural Green Preferred Units

Tuesday, September 22, 2020 - 1:13am

BROOKFIELD, News, Sept. 21, 2020 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (TSX: BIP.UN; NYSE: BIP) (Brookfield Infrastructure) today closed the public issuance of 8,000,000 Class A Preferred Limited Partnership Units, Series 13 (the Series 13 Preferred Units) for gross proceeds of $200 million.

Key Points: 
  • BROOKFIELD, News, Sept. 21, 2020 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (TSX: BIP.UN; NYSE: BIP) (Brookfield Infrastructure) today closed the public issuance of 8,000,000 Class A Preferred Limited Partnership Units, Series 13 (the Series 13 Preferred Units) for gross proceeds of $200 million.
  • We are pleased to issue these inaugural green preferred units and further enhance our commitment to sustainable investment practices, said Sam Pollock, Chief Executive Officer of Brookfield Infrastructure Partners.
  • Investors can access its portfolio either through Brookfield Infrastructure L.P. (NYSE: BIP, TSX: BIP.UN), a Bermuda-based limited partnership, or Brookfield Infrastructure Corporation (NYSE, TSX: BIPC), a Canadian corporation.
  • Brookfield Infrastructure is the flagship listed infrastructure company of Brookfield Asset Management, a global alternative asset manager with approximately $550 billion of assets under management.

CAE launches Airside, a new digital platform for pilots

Monday, September 21, 2020 - 9:07pm

MONTREAL, Sept. 21, 2020 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) CAE announced today the official launch of Airside, a new digital platform and online community for pilots.

Key Points: 
  • MONTREAL, Sept. 21, 2020 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) CAE announced today the official launch of Airside, a new digital platform and online community for pilots.
  • Airside provides career and training tools to support pilots during the COVID-19 pandemic, and throughout their professional career.
  • CAE's digital team, based at the company's innovation campus in Montreal, designed and developed this new digital platform after surveying over 3,000 pilots in April 2020.
  • More than 10,000 visitors have accessed Airside since the digital platform first went live in June 2020.

Rubicon Organics to Commence Trading on the TSX Venture Exchange

Monday, September 21, 2020 - 9:30pm

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

Key Points: 
  • Neither the TSX Venture Exchange, its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) nor the Canadian Securities Exchange accepts responsibility for the adequacy or accuracy of this press release.
  • This press release contains forward-looking information within the meaning of applicable securities laws.
  • These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements.
  • Rubicon Organics assumes no obligation to update any forward-looking statement, even if new information becomes available as a result of future events, new information or for any other reason except as required by law.

Elixxer Ltd. Announces Postponement of Annual and Special Meeting of Shareholders

Friday, September 18, 2020 - 10:05pm

MONTRAL, Sept. 18, 2020 (GLOBE NEWSWIRE) -- Elixxer Ltd. (Elixxer or the Corporation) (TSX-V: ELXR and OTC-QB: ELIXF) announces that it is postponing its annual and special meeting of shareholders (the Meeting).

Key Points: 
  • MONTRAL, Sept. 18, 2020 (GLOBE NEWSWIRE) -- Elixxer Ltd. (Elixxer or the Corporation) (TSX-V: ELXR and OTC-QB: ELIXF) announces that it is postponing its annual and special meeting of shareholders (the Meeting).
  • The Corporation intends to schedule a new date for the Meeting as soon as practicable.
  • Elixxer is a Canadian public company listed on the TSX Venture Exchange (TSX-V: ELXR) and the US OTC-QB exchange (OTCQB: ELIXF).
  • This press release may contain forward-looking statements with respect to Elixxer and its operations, strategy, investments, financial performance and condition.

Manulife Investment Management earns top scores from United Nations-supported Principles for Responsible Investment

Friday, September 18, 2020 - 3:20pm

"Manulife Investment Management strives to be a leader in ESG investment practices as a responsible steward of client capital," said Christopher P. Conkey, CFA, global head of public markets, Manulife Investment Management.

Key Points: 
  • "Manulife Investment Management strives to be a leader in ESG investment practices as a responsible steward of client capital," said Christopher P. Conkey, CFA, global head of public markets, Manulife Investment Management.
  • The key activities within Manulife Investment Management's investment teams in 2019, which helped to achieve the PRI scores include:
    The release of its inaugural sustainable and responsible investment report in 2019.
  • For more information on Manulife Investment Management, please visit manulifeim.com /institutional
    Manulife Investment Management is the global wealth and asset management segment of Manulife Financial Corporation.
  • As of June 30, 2020, Manulife Investment Management had CAD$900 billion (US$660 billion) in assets under management and administration.

Manulife Investment Management earns top scores from United Nations-supported Principles for Responsible Investment

Friday, September 18, 2020 - 2:59pm

"Manulife Investment Management strives to be a leader in ESG investment practices as a responsible steward of client capital," said Christopher P. Conkey, CFA, global head of public markets, Manulife Investment Management.

Key Points: 
  • "Manulife Investment Management strives to be a leader in ESG investment practices as a responsible steward of client capital," said Christopher P. Conkey, CFA, global head of public markets, Manulife Investment Management.
  • The key activities within Manulife Investment Management's investment teams in 2019, which helped to achieve the PRI scores include:
    The release of its inaugural sustainable and responsible investment report in 2019.
  • For more information on Manulife Investment Management, please visit manulifeim.com /institutional
    Manulife Investment Management is the global wealth and asset management segment of Manulife Financial Corporation.
  • As of June 30, 2020, Manulife Investment Management had CAD$900 billion (US$660 billion) in assets under management and administration.

Artificial Intelligence Technology Solutions Announces New Subsidiary Focused on Mobile Robotic Solutions

Friday, September 18, 2020 - 2:20pm

Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), is pleased to announce that it has created a new, wholly-owned subsidiary, Robotic Assistance Devices Mobile, Inc. (RAD-M) to develop, build and invest in a suite of mobile solutions for the autonomous remote services industry.

Key Points: 
  • Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), is pleased to announce that it has created a new, wholly-owned subsidiary, Robotic Assistance Devices Mobile, Inc. (RAD-M) to develop, build and invest in a suite of mobile solutions for the autonomous remote services industry.
  • RAD-M now has the resources and IP from RAD for ROAMEO and as-yet unannounced solutions.
  • This separation of our stationary and mobile solutions allows each business unit to fully concentrate on their primary missions which will result in streamlined development timelines.
  • Artificial Intelligence Technology Solutions undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in Artificial Intelligence Technology Solutions expectations.

Canadian Life Companies Split Corp. Preferred Dividend Declared

Friday, September 18, 2020 - 2:00pm

TORONTO, Sept. 18, 2020 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.05417 for each Preferred share ($0.650 annually).

Key Points: 
  • TORONTO, Sept. 18, 2020 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.05417 for each Preferred share ($0.650 annually).
  • Distributions are payable October 9, 2020 to shareholders on record as at September 30, 2020.
  • Since inception Class A shareholders have received a total of $7.45 per share and Preferred shareholders have received a total of $8.98 per share inclusive of this distribution, for a combined total of $16.43 per unit.
  • The Company invests in a portfolio of four publicly traded Canadian life insurance companies as follows: Great-West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corporation and Sun Life Financial Inc.

Auxly Files Early Warning Report

Friday, September 18, 2020 - 12:30pm

Since Auxlys security holding percentage of Inner Spirit is now below 10%, following the filing of the early warning report in connection with the disposition, Auxly will no longer file early warning or insider reports in respect of Auxlys ownership of Inner Spirits securities, except as may be required by applicable law.

Key Points: 
  • Since Auxlys security holding percentage of Inner Spirit is now below 10%, following the filing of the early warning report in connection with the disposition, Auxly will no longer file early warning or insider reports in respect of Auxlys ownership of Inner Spirits securities, except as may be required by applicable law.
  • Following the disposition, Auxly continues to have ownership and control of 19,941,177 common shares, 3,000,000 warrants, and 600,000 options to purchase common shares of Inner Spirit.
  • The disposition of the Inner Spirit securities was undertaken by Auxly as part of its strategy to monetize non-core assets to fund capital and operational expenditures for its core assets.
  • An early warning report pursuant to the requirements of applicable securities laws has been filed by Auxly and is posted to Inner Spirit's SEDAR profile at www.sedar.com , and is available on request at the number and email address below.

Rubicon Organics to Commence Trading on the TSX Venture Exchange

Friday, September 18, 2020 - 11:00am

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

Key Points: 
  • Neither the TSX Venture Exchange, its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) nor the Canadian Securities Exchange accepts responsibility for the adequacy or accuracy of this press release.
  • This press release contains forward-looking information within the meaning of applicable securities laws.
  • These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements.
  • Rubicon Organics assumes no obligation to update any forward-looking statement, even if new information becomes available as a result of future events, new information or for any other reason except as required by law.