Companies of Canada

Onex Reports First-Quarter 2021 Results

Friday, May 14, 2021 - 12:00pm

b'TORONTO, May 14, 2021 (GLOBE NEWSWIRE) -- Onex Corporation (TSX: ONEX) today announced its financial results for the first quarter ended March 31, 2021 and an update on matters following quarter end.\n\xe2\x80\x9cWe reported another quarter of good results across our platforms.

Key Points: 
  • b'TORONTO, May 14, 2021 (GLOBE NEWSWIRE) -- Onex Corporation (TSX: ONEX) today announced its financial results for the first quarter ended March 31, 2021 and an update on matters following quarter end.\n\xe2\x80\x9cWe reported another quarter of good results across our platforms.
  • Run-rate management fees on this capital were $267 million.\nIn April, Onex Credit priced U.S. CLO-21 for approximately $510 million.
  • A supplemental information package with additional information is available on Onex\xe2\x80\x99 website, www.onex.com .\nOnex management will host a webcast to review Onex\xe2\x80\x99 first-quarter 2021 results on Friday, May\xc2\xa014 at 11:00 a.m.
  • Onex shares trade on the Toronto Stock Exchange under the stock symbol ONEX.

RioCan Real Estate Investment Trust Announces May 2021 Distribution

Friday, May 14, 2021 - 12:00pm

b"TORONTO, May 14, 2021 (GLOBE NEWSWIRE) -- RioCan Real Estate Investment Trust (\xe2\x80\x9cRioCan\xe2\x80\x9d) (TSX: REI.UN) today announced a distribution of 8 cents per unit for the month of May.

Key Points: 
  • b"TORONTO, May 14, 2021 (GLOBE NEWSWIRE) -- RioCan Real Estate Investment Trust (\xe2\x80\x9cRioCan\xe2\x80\x9d) (TSX: REI.UN) today announced a distribution of 8 cents per unit for the month of May.
  • The distribution will be payable on June 7, 2021 to unitholders of record as at May 31, 2021.\nRioCan is one of Canada\xe2\x80\x99s largest real estate investment trusts.
  • RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work.
  • As at March 31, 2021, our portfolio is comprised of 223 properties with an aggregate net leasable area of approximately 38.0 million square feet (at RioCan's interest) including office, residential rental and 15 development properties.

Onex Confirms Election of Directors

Thursday, May 13, 2021 - 10:15pm

In total, as of December 31, 2020, Onex has approximately $44 billion of assets under management, of which approximately $6.8 billion is its own investing capital.

Key Points: 
  • In total, as of December 31, 2020, Onex has approximately $44 billion of assets under management, of which approximately $6.8 billion is its own investing capital.
  • Onex shares trade on the Toronto Stock Exchange under the stock symbol ONEX.
  • For more information on Onex, visit its website at www.onex.com .
  • Onex is under no obligation to update any forward-looking statements contained herein should material facts change due to new information, future events or otherwise.\n'

The Onex Group Completes Secondary Offering of JELD-WEN

Thursday, May 13, 2021 - 10:00pm

JELD-WEN is one of the world\'s largest door and window manufacturers.\nGross proceeds to the Onex Group will be approximately $288\xc2\xa0million, of which Onex\xe2\x80\x99 share will be approximately $71\xc2\xa0million as a Limited Partner in the Fund and as a co-investor.

Key Points: 
  • JELD-WEN is one of the world\'s largest door and window manufacturers.\nGross proceeds to the Onex Group will be approximately $288\xc2\xa0million, of which Onex\xe2\x80\x99 share will be approximately $71\xc2\xa0million as a Limited Partner in the Fund and as a co-investor.
  • Copies of these documents are available free of charge by visiting the SEC\xe2\x80\x99s EDGAR service on the SEC website at www.sec.gov .
  • In total, as of December 31, 2020, Onex has approximately $44\xc2\xa0billion of assets under management, of which approximately $6.8\xc2\xa0billion is its own investing capital.
  • Onex shares trade on the Toronto Stock Exchange under the stock symbol ONEX.

autoRetouch Expands A.I. Bulk Image Editing to All Ecommerce Products, Announces Shopify App Availability

Thursday, May 13, 2021 - 12:30pm

b"One year after its launch, autoRetouch - the AI-powered image editing platform - announces its commercial editing technology has now expanded to include all retail products including consumer electronics, furniture, shoes and other consumer goods.

Key Points: 
  • b"One year after its launch, autoRetouch - the AI-powered image editing platform - announces its commercial editing technology has now expanded to include all retail products including consumer electronics, furniture, shoes and other consumer goods.
  • The platform is also now available as a plug-in via Shopify\xe2\x80\x99s App Store for all merchants using the platform to host their ecommerce stores.
  • human models showcasing apparel products.\n\xe2\x80\x9cWe initially entered the ecommerce vertical as a solution tailored to fashion and apparel.
  • Standard product image editing workflows start at a basic price of only \xe2\x82\xac0.10 per image.\nautoRetouch is expanding the possibilities within digital image editing.

TVA Group Inc. announces election of directors

Tuesday, May 11, 2021 - 7:37pm

b"TVA Group Inc., a subsidiary of Quebecor Media Inc., is a communications company engaged in the broadcasting, film production and audiovisual services, international production and distribution of television content, and magazine publishing industries.

Key Points: 
  • b"TVA Group Inc., a subsidiary of Quebecor Media Inc., is a communications company engaged in the broadcasting, film production and audiovisual services, international production and distribution of television content, and magazine publishing industries.
  • TVA Group Inc. is North America's largest broadcaster of French-language entertainment, information and public affairs programming and one of the largest private-sector producers of French-language content.
  • It is also the largest publisher of French-language magazines and publishes some of the most popular English-language titles in Canada.
  • The Corporation's Class B shares are listed on the Toronto Stock Exchange under the ticker symbol TVA.B.\n"

Bombardier Celebrates 15-year Anniversary of its Querétaro, Mexico, Site as Facility Delivers the 100th Global 7500 Aircraft Rear Fuselage

Monday, May 10, 2021 - 1:29pm

b'QUER\xc3\x89TARO, Mexico, May 10, 2021 (GLOBE NEWSWIRE) -- Bombardier is proud to announce the 15-year anniversary of its world-class manufacturing operations in Quer\xc3\xa9taro, Mexico.

Key Points: 
  • b'QUER\xc3\x89TARO, Mexico, May 10, 2021 (GLOBE NEWSWIRE) -- Bombardier is proud to announce the 15-year anniversary of its world-class manufacturing operations in Quer\xc3\xa9taro, Mexico.
  • Bombardier\xe2\x80\x99s state-of-the-art facility in Quer\xc3\xa9taro employs highly skilled teams to manufacture key structural components for the company\xe2\x80\x99s leading business jets, including the rear fuselage for all Global aircraft.
  • This important mandate is a source of great pride for the talented local workforce.\n\xe2\x80\x9cWe are very proud to commemorate this important anniversary.
  • Bombardier has played a significant role in the development and growth of Mexico\xe2\x80\x99s aerospace industry,\xe2\x80\x9d said Paul Sislian, Executive Vice President, Operations and Operational Excellence, Bombardier.

TC Energy reports solid first quarter operating performance

Friday, May 7, 2021 - 12:30pm

We are exploring opportunities to electrify and use renewable energy to power certain of the Company\'s proprietary energy loads, with the goal of a net reduction in emissions across our footprint.

Key Points: 
  • We are exploring opportunities to electrify and use renewable energy to power certain of the Company\'s proprietary energy loads, with the goal of a net reduction in emissions across our footprint.
  • The quarterly amount is equivalent to $3.48 per common share on an annualized basis.\nAcquisition of TC PipeLines, LP: On March 3, 2021, we completed the previously announced acquisition pursuant to the agreement dated December 14, 2020 which resulted in TC Energy acquiring all of the outstanding common units of TC PipeLines, LP not beneficially owned by TC Energy and TC PipeLines, LP becoming an indirect, wholly-owned subsidiary of TC Energy.
  • Upon close of the transaction, TC PipeLines, LP common unitholders received 0.70 common shares of TC Energy for each issued and outstanding publicly-held TC PipeLines, LP common unit.
  • Forward-looking statements in this document are intended to provide TC Energy security holders and potential investors with information regarding TC Energy and its subsidiaries, including management\'s assessment of TC Energy\'s and its subsidiaries\' future plans and financial outlook.

TELUS reports operational and financial results for first quarter 2021

Friday, May 7, 2021 - 11:45am

This second quarter dividend for 2021 reflects an increase of 8.6 per cent from the $0.29125 per share dividend declared one year earlier.\nDuring the quarter, TELUS acquired 3500 MHz spectrum licences via commercial transactions.

Key Points: 
  • This second quarter dividend for 2021 reflects an increase of 8.6 per cent from the $0.29125 per share dividend declared one year earlier.\nDuring the quarter, TELUS acquired 3500 MHz spectrum licences via commercial transactions.
  • TELUS acquired 50 MHz in the urban cores of Edmonton, Guelph/Kitchener, London, Ottawa, and Winnipeg, as well as 50 MHz in East Kootenay and 25 MHz in Whistler.
  • She served as Executive Vice President and Chief Human Resources Officer with Morneau Shepell Inc. from 2013 to 2018.
  • Hazel holds a Bachelor of Commerce (Honours) from Queen\xe2\x80\x99s University and the ICD.D designation from the Institute of Corporate Directors.

Bombardier Announces the Election of its Board of Directors

Thursday, May 6, 2021 - 9:13pm

b'Bombardier is a global leader in aviation, creating innovative and game-changing planes.

Key Points: 
  • b'Bombardier is a global leader in aviation, creating innovative and game-changing planes.
  • Our products and services provide world-class experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.\nHeadquartered in Montr\xc3\xa9al, Canada, Bombardier is present in more than 12 countries including its production/engineering sites and its customer support network.
  • The Corporation supports a worldwide fleet of approximately 4,900 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments and private individuals.\nBombardier is a registered trademark of Bombardier Inc. or its subsidiaries.\n'