Companies of Canada

FCL's Edmonton distribution centre employees ratify new agreement

Retrieved on: 
Monday, July 26, 2021
Federated Co-operatives, Edmonton, Companies of Canada, Companies, Organizations

SASKATOON, SK, July 26, 2021 /CNW/ - Federated Co-operatives Limited (FCL) reached a new four-year agreement with employees at our Edmonton distribution centre.

Key Points: 
  • SASKATOON, SK, July 26, 2021 /CNW/ - Federated Co-operatives Limited (FCL) reached a new four-year agreement with employees at our Edmonton distribution centre.
  • Current employees at the top of their pay scale will receive a one per cent wage increase in each year of the new agreement.
  • The agreement includes improvements to benefits for all employees, expanded use of part-time employees and increased scheduling flexibility.
  • The new agreement covers more than 170 employees at the Edmonton distribution centre.

Worldwide Crowdsourced Testing Industry to 2026 - North America to Account for the Largest Market Size - ResearchAndMarkets.com

Retrieved on: 
Friday, July 23, 2021
Technology, Other Technology, Software testing, Crowdsourced testing, Crowdsourced testing, Crowdsourcing, Regression testing, Test automation, Thomson Reuters, Cloud computing, Computing, Companies of Canada, Companies

Thomson Reuters uses crowdsourcing internally to tap into the skills of its 17,000 technologists, finding new problem solvers and breaking down department silos.

Key Points: 
  • Thomson Reuters uses crowdsourcing internally to tap into the skills of its 17,000 technologists, finding new problem solvers and breaking down department silos.
  • America is supposed to hold a significant share during the forecast period, owing to the quick adoption of advanced technologies, such as cloud, North helping crowdsourced testing service providers implement efficient crowdsourced testing solutions.
  • The market in North America is growing due to the presence of vendors, especially in Canada.
  • QA Consultants' skilled Test Automation experts developed both an automation framework and scripts for use in their regular regression testing.

Power Corporation to Announce Second Quarter 2021 Financial Results on August 6, 2021

Retrieved on: 
Thursday, July 22, 2021
Economy of Canada, Companies of Canada, S&P/TSX 60, Power Corporation of Canada, R. Jeffrey Orr, Companies, CNW Group, Toronto Stock Exchange

MONTRAL, July 22, 2021 /CNW Telbec/ - Power Corporation of Canada (TSX: POW) ("Power Corporation") will release its second quarter 2021 financial results on Friday, August 6, 2021, after markets close.

Key Points: 
  • MONTRAL, July 22, 2021 /CNW Telbec/ - Power Corporation of Canada (TSX: POW) ("Power Corporation") will release its second quarter 2021 financial results on Friday, August 6, 2021, after markets close.
  • R. Jeffrey Orr, President and Chief Executive Officer, and Gregory D. Tretiak, Executive Vice-President and Chief Financial Officer, will discuss the results in a conference call and live audio webcast on Monday, August 9, 2021 at 8:30a.m.
  • A webcast archive will also be available on Power Corporation's website.
  • Power Corporation is an international management and holding company that focuses on financial services in North America, Europe and Asia.

RioCan Real Estate Investment Trust appoints Dennis Blasutti as new Chief Financial Officer

Retrieved on: 
Thursday, July 22, 2021
Economy of Toronto, Economy of Canada, RioCan Real Estate Investment Trust, Companies of Canada, Brookfield Asset Management, OMERS, Enwave

TORONTO, July 22, 2021 (GLOBE NEWSWIRE) -- RioCan Real Estate Investment Trust (RioCan) (TSX: REI.UN) today announced the appointment of Dennis Blasutti as Chief Financial Officer of RioCan, effective September 7, 2021.

Key Points: 
  • TORONTO, July 22, 2021 (GLOBE NEWSWIRE) -- RioCan Real Estate Investment Trust (RioCan) (TSX: REI.UN) today announced the appointment of Dennis Blasutti as Chief Financial Officer of RioCan, effective September 7, 2021.
  • Mr. Blasutti joins RioCan from Brookfield Asset Management where he most recently served as Managing Director, Infrastructure, and Chief Financial Officer for Enwave Energy, Brookfields district energy business, during a period of robust organic growth and capital investment.
  • In his time at Brookfield, Mr. Blasutti also held progressively senior roles, within the corporate finance and infrastructure groups.
  • RioCan is one of Canadas largest real estate investment trusts.

Media Advisory: Conference call for the release of the consolidated results of Quebecor Inc. for the second quarter 2021

Retrieved on: 
Thursday, July 22, 2021
Quebecor, Quebecor Media, Companies of Canada, QUEBEC, Companies

and Quebecor Media Inc.;

Key Points: 
  • and Quebecor Media Inc.;
    1-877-293-8133 (Canada-US), conference access code 80041# and playback access code 0100746#.
  • Quebecor, a Canadian leader in telecommunications, entertainment, news media and culture, is one of the best-performing integrated communications companies in the industry.
  • A family business founded in 1950, Quebecor is strongly committed to the community.
  • Every year, it actively supports more than 400 organizations in the vital fields of culture, health, education, the environment, and entrepreneurship.

Bargaining set to resume between Unifor, Bombardier and De Havilland

Retrieved on: 
Tuesday, July 20, 2021
Aircraft, Economy of Canada, International Metalworkers' Federation, International Transport Workers' Federation, Companies of Canada, Bombardier Aerospace, de Havilland Canada, Unifor, De Havilland, Bombardier Aviation, Bombardier Inc., Jerry Dias

TORONTO, July 20, 2021 /CNW/ - Unifor is preparing to return to the bargaining table this week, ahead of a July 27 strike deadline, as talks are set to resume between the union, Bombardier Aerospace and De Havilland Aircraft of Canada (DHC).

Key Points: 
  • TORONTO, July 20, 2021 /CNW/ - Unifor is preparing to return to the bargaining table this week, ahead of a July 27 strike deadline, as talks are set to resume between the union, Bombardier Aerospace and De Havilland Aircraft of Canada (DHC).
  • Unifor Local 112 and Local 673 members at the Downsview plant currently manufacture the Global series business aircraft for Bombardier Aerospace and until recently, manufactured the Dash 8 turboprop aircraft for De Havilland Canada.
  • Approximately 1,500 Bombardier workers and 700 De Havilland workers are currently represented by Unifor Local 112 and Local 673 at the plant.
  • Key issues in the negotiations with Bombardier are workers' pensions, use of contractors and erosion of bargaining unit work.

Octane AI Raises $5 Million to Help Shopify Merchants Personalize Ecommerce Experiences

Retrieved on: 
Tuesday, July 20, 2021
Publishing, S&P/TSX 60, Shopify, Octane, Companies of Canada, Companies

Octane AI does just that by democratizing access to personalization tools for Shopify merchants, enabling them to see Amazon-level conversion rates, without sacrificing their independence," said Gurevich.

Key Points: 
  • Octane AI does just that by democratizing access to personalization tools for Shopify merchants, enabling them to see Amazon-level conversion rates, without sacrificing their independence," said Gurevich.
  • To learn more about how Octane AI can add fuel to your ecommerce brand, visit www.octaneai.com or request a demo .
  • Octane AI is a zero-party data marketing platform for Shopify merchants.
  • Octane AI is an all-remote company employing team members in over 14 countries and was elected the 2021 Best Storefront App by the Shopify team.

Canadian Life Companies Split Corp. Preferred Dividend Declared

Retrieved on: 
Tuesday, July 20, 2021
Power Corporation of Canada, Companies of Canada, Companies, Service companies, S&P/TSX 60, Manulife, Canada Life, Great-West Lifeco, IA Financial Group

TORONTO, July 20, 2021 (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, July 20, 2021 (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 August 10, 2021 to shareholders on record as at July 30, 2021.
  • Since inception Class A shareholders have received a total of $7.45 per share and Preferred shareholders have received a total of $9.53 per share inclusive of this distribution, for a combined total of $16.98 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.

Bombardier Announces Redemption Price Calculation in Respect of its 5.750% Senior Notes Due 2022

Retrieved on: 
Tuesday, July 20, 2021
Financial markets, Finance, Bond valuation, Fixed income analysis, Redemption value, Bombardier Inc., Redemption, Companies of Canada

MONTRAL, July 19, 2021 (GLOBE NEWSWIRE) -- Pursuant to Bombardier Inc.s (Bombardier) notice of redemption dated June 22, 2021 (the Notice) relating to all of its outstanding 5.750% Senior Notes due 2022 (the Notes), Bombardier today announced the calculation of the redemption price for the Notes.

Key Points: 
  • MONTRAL, July 19, 2021 (GLOBE NEWSWIRE) -- Pursuant to Bombardier Inc.s (Bombardier) notice of redemption dated June 22, 2021 (the Notice) relating to all of its outstanding 5.750% Senior Notes due 2022 (the Notes), Bombardier today announced the calculation of the redemption price for the Notes.
  • The redemption price for the Notes will be US$1,053.81 per US$1,000.00 principal amount of Notes, consisting of the Make-Whole Premium of US$1,033.53 per US$1,000.00 (based on a Treasury Rate of 0.054%, as calculated by Bombardier on July 19, 2021), plus US$20.28 in accrued and unpaid interest to but excluding the redemption date for the Notes, all as calculated in accordance with the terms of the indenture governing the Notes.
  • The redemption date for the Notes is July 22, 2021, as set forth in the Notice.
  • Certain statements in this announcement are forward-looking statements based on current expectations.

Onex Partners Completes Majority Investment in Newport Healthcare

Retrieved on: 
Monday, July 19, 2021
Onex Corporation, Onex, Companies of Canada, Companies, Finance

TORONTO, July 19, 2021 (GLOBE NEWSWIRE) -- Onex Corporation (Onex) (TSX: ONEX) today announced that Onex Partners V has completed its acquisition of Newport Healthcare (Newport), in partnership with the companys management team.

Key Points: 
  • TORONTO, July 19, 2021 (GLOBE NEWSWIRE) -- Onex Corporation (Onex) (TSX: ONEX) today announced that Onex Partners V has completed its acquisition of Newport Healthcare (Newport), in partnership with the companys management team.
  • With this transaction, Onex Partners V is approximately 60% invested.
  • The Onex Partners and ONCAP businesses have assets of $41 billion, generate annual revenues of $24 billion and employ approximately 146,000 people worldwide.
  • Onex shares trade on the Toronto Stock Exchange under the stock symbol ONEX.