ATB

mCloud Amends Existing Credit Facility with Addition of C$5 Million Accordion

Friday, November 26, 2021 - 12:04am

The ATB credit facility is a C$5,000,000 margined, demand operating loan facility.

Key Points: 
  • The ATB credit facility is a C$5,000,000 margined, demand operating loan facility.
  • This facility is available to pay out in full all indebtedness and liability owing to another financial institution, and thereafter, for the general corporate purposes of the Company.
  • As part of the amendment, ATB is providing an additional C$5,000,000 via an accordion, subject to lender consent.
  • Through mCloud's AI-powered AssetCare platform, mCloud offers complete asset management solutions for commercial buildings, renewable energy, healthcare, heavy industry, and connected workers.

Moving forward: ATB Financial's forecast for Alberta's economy in 2022

Thursday, November 25, 2021 - 2:30pm

Alberta's real GDP is expected to rebound by 6.3% in 2021 followed by growth of 4.0% in 2022 and 2.5% in 2023.

Key Points: 
  • Alberta's real GDP is expected to rebound by 6.3% in 2021 followed by growth of 4.0% in 2022 and 2.5% in 2023.
  • "Alberta lost the most economic ground of any province in 2020,'' said Todd Hirsch, vice president and chief economist at ATB Financial.
  • With the current high oil and natural gas prices, historically a boom in the economy would be expected.
  • As a result, we are anticipating only a modest rise in oil and gas capital expenditures in 2022 and 2023.

New report: Indigenous contributions to Alberta's economy significant but plenty of room for growth

Tuesday, November 23, 2021 - 3:00pm

Clayton Norris, MNP's Vice President of Indigenous Services, says the report demonstrates the significant economic contribution of Indigenous Peoples in Alberta and aims to quantify those contributions and understand the potential for growth in the pursuit of parity.

Key Points: 
  • Clayton Norris, MNP's Vice President of Indigenous Services, says the report demonstrates the significant economic contribution of Indigenous Peoples in Alberta and aims to quantify those contributions and understand the potential for growth in the pursuit of parity.
  • "The economy will really take off when employment and income levels of Indigenous Peoples are at the same levels as other Albertans, which could be achieved by continued investments in education, health, infrastructure and business partnerships," said Norris.
  • "This report seeks to bring the facts to the discussion about the current contribution of the Indigenous economy, " said Jon Horsman, ATB Financial's Senior Executive Vice President, Business.
  • It requires us all to be mindful and purposeful in advancing reconciliation and Indigenous inclusion in business and the economy."

Everyday People Financial Inc. Increases Operating Loan Facility to $10M

Monday, November 22, 2021 - 12:55pm

Edmonton, Alberta--(Newsfile Corp. - November 22, 2021) - Everyday People Financial Inc. ("EP" or the "Company") is pleased to announce today that it has executed an increase in the operating revolving loan facility secured by ATB Financial ("ATB Financial") from $4 million to $10 million.

Key Points: 
  • Edmonton, Alberta--(Newsfile Corp. - November 22, 2021) - Everyday People Financial Inc. ("EP" or the "Company") is pleased to announce today that it has executed an increase in the operating revolving loan facility secured by ATB Financial ("ATB Financial") from $4 million to $10 million.
  • The additional capital provides the Company with flexibility to further execute on one of the Company's main pillars, the EP Homes Program.
  • EP Homes is a division of EP and offers a unique Bridge to Own home purchasing program.
  • For more information on Everyday People Financial Inc., visit www.epfinancial.com and www.ephomes.ca .

ATBIM recognized at the 2021 Lipper Awards for excellence in investment fund management

Wednesday, November 17, 2021 - 7:11pm

About ATB Investment Management Inc.

Key Points: 
  • About ATB Investment Management Inc.
    ATB Investment Management Inc. manages the Compass Portfolios and ATBIS Pools, and is the asset management division for ATB Financial.
  • The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers.
  • The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award.
  • The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award.

The Revolutionary Defi Platform Holdex Finance All Set To Launch Its Yield Farming Protocol Staking

Thursday, November 4, 2021 - 10:16pm

Yield farming is a technique that enables crypto users to receive incentives for their holdings and is fundamental to the Holdex financing concept.

Key Points: 
  • Yield farming is a technique that enables crypto users to receive incentives for their holdings and is fundamental to the Holdex financing concept.
  • Holdex Finance yield farming is a strategy in which an investor deposits cryptocurrency units into a lending protocol in return for interest on transaction expenses.
  • By partnering with a liquidity provider and a liquidity pool, one may use Holdex Finance Yield Farming to drive a DeFi market (a smart contract filled with cash).
  • The year 2023 will see the most ambitious projects of the platform by creating a payment system, POS coin, and a dApp platform.

The Revolutionary Defi Platform Holdex Finance All Set To Launch Its Yield Farming Protocol Staking

Thursday, November 4, 2021 - 10:14pm

Yield farming is a technique that enables crypto users to receive incentives for their holdings and is fundamental to the Holdex financing concept.

Key Points: 
  • Yield farming is a technique that enables crypto users to receive incentives for their holdings and is fundamental to the Holdex financing concept.
  • Holdex Finance yield farming is a strategy in which an investor deposits cryptocurrency units into a lending protocol in return for interest on transaction expenses.
  • By partnering with a liquidity provider and a liquidity pool, one may use Holdex Finance Yield Farming to drive a DeFi market (a smart contract filled with cash).
  • The year 2023 will see the most ambitious projects of the platform by creating a payment system, POS coin, and a dApp platform.

Northstar Continues to Build its Leading LNG Bunkering Position

Wednesday, November 3, 2021 - 5:30pm

PNE and Polaris are subsidiaries of Northstar Terminals, a portfolio company of funds managed by Oaktree Capital Management, L.P. (Oaktree).

Key Points: 
  • PNE and Polaris are subsidiaries of Northstar Terminals, a portfolio company of funds managed by Oaktree Capital Management, L.P. (Oaktree).
  • This new barge will be a sister vessel to the LNG bunker barge Clean Canaveral, which will be delivered to Polaris in mid-November.
  • LNG is the leading solution to fuel the maritime sector as the industry advances its sustainability goals through a transition to lower carbon fuels.
  • Tim Casey, Senior Vice President LNG for Northstar, said: LNG is recognized as a clean, dependable and competitively priced fuel for the shipping industry.

WIN A DREAM ANGUILLA VACATION

Monday, October 18, 2021 - 3:00pm

The ATB is offering consumers a unique opportunity to Lose the Crowd and vacation in Anguilla, the island frequented by celebrities and tastemakers and renowned for her 33 award-winning beaches, turquoise waters, and world-class cuisine.

Key Points: 
  • The ATB is offering consumers a unique opportunity to Lose the Crowd and vacation in Anguilla, the island frequented by celebrities and tastemakers and renowned for her 33 award-winning beaches, turquoise waters, and world-class cuisine.
  • This exciting Win a Dream Anguilla Vacation Campaign launched in the United States and runs through December 1st, 2021.
  • The Win a Dream Anguilla Vacation contest is a national campaign, targeting audiences both general and specific, and will be promoted with engaging creative on Facebook, Instagram, Twitter, through IG Stories, Google Display and Google Search ads.
  • For information on Anguilla please visit the official website of the Anguilla Tourist Board: www.IvisitAnguilla.com; follow us on Facebook: Facebook.com/AnguillaOfficial; Instagram: @Anguilla_Tourism; Twitter: @Anguilla_Trsm, Hashtag: #MyAnguilla.

atbtherapeutics Expands Leadership Team and Scientific Advisory Board with Pharmaceutical Industry Experts

Tuesday, October 5, 2021 - 10:00am

atbtherapeutics today announced the appointments of Philippe Vandeput as Chief Business Officer (CBO) and Rakesh Dixit, PhD, as a member of its Scientific Advisory Board (SAB).

Key Points: 
  • atbtherapeutics today announced the appointments of Philippe Vandeput as Chief Business Officer (CBO) and Rakesh Dixit, PhD, as a member of its Scientific Advisory Board (SAB).
  • Their expertise and active engagement in the biopharmaceutical industry will be an important resource for the company as it advances its drug candidates into the clinic.
  • I look forward to working with the leadership team and forging partnerships across the industry.
  • I am eager to work with the other members of the Scientific Advisory Board to define the most effective path to advance atbtherapeutics novel assets.