CPP

Tax Tip - Canada Revenue Agency announces maximum pensionable earnings and contributions for 2024

Retrieved on: 
Wednesday, November 1, 2023

The maximum pensionable earnings under the Canada Pension Plan (CPP) will be $68,500—up from $66,600 in 2023.

Key Points: 
  • The maximum pensionable earnings under the Canada Pension Plan (CPP) will be $68,500—up from $66,600 in 2023.
  • Starting in 2024, a higher, second earnings ceiling of $73,200 will be implemented and used to determine second additional CPP contributions (CPP2).
  • Employee and employer CPP contribution rates for 2024 remain at 5.95%, and the maximum contribution will be $3,867.50 each—up from $3,754.45 in 2023.
  • Employee and employer CPP2 contribution rates for 2024 will be 4.00%, and the maximum contribution will be $188.00 each.

LANGAN ANNOUNCES PARTNERSHIP WITH TOWERBROOK CAPITAL PARTNERS

Retrieved on: 
Thursday, October 26, 2023

PARSIPPANY, N.J., Oct. 26, 2023 /PRNewswire/ -- Langan Engineering & Environmental Services ("Langan") today announced that investment funds managed by TowerBrook Capital Partners ("TowerBrook"), the New York and London-based international investment firm, have entered into a definitive agreement for a minority investment in the company. Under the terms of the agreement, Langan's management and employee shareholders will maintain majority ownership and control of the company.

Key Points: 
  • PARSIPPANY, N.J., Oct. 26, 2023 /PRNewswire/ -- Langan Engineering & Environmental Services ("Langan") today announced that investment funds managed by TowerBrook Capital Partners ("TowerBrook"), the New York and London-based international investment firm, have entered into a definitive agreement for a minority investment in the company.
  • The investment will enable strategic and operational enhancements to provide elevated service to Langan clients while creating career growth opportunities for Langan staff.
  • We found TowerBrook's reputation and resources best suited to help Langan achieve our strategic goals," said David T. Gockel, President/CEO of Langan.
  • "We are thrilled to partner with Langan, a firm whose growth and success have been impressive," said Walter Weil, Managing Director, TowerBrook.

AITX’s Subsidiary RAD Announces the Successful Deployment of 10 ROSA Devices at an East Coast University

Retrieved on: 
Tuesday, October 24, 2023

The original order for these 10 ROSA security robots was announced on July 26, 2023 via a press release.

Key Points: 
  • The original order for these 10 ROSA security robots was announced on July 26, 2023 via a press release.
  • In a continuation of this partnership, the university is in the process of finalizing paperwork for an additional five ROSA units.
  • Steve Reinharz, CEO of AITX and RAD, stated, "Our collaboration with this university represents an important step for RAD.
  • In October 2021 RAD Light My Way along with RAD's ROSA won CBRE’s 2021 Best Workplace Experience Solution Award .

PHAXIAM Therapeutics obtains authorizations to launch its phase 1 study in endocarditis infections caused by Staphylococcus aureus

Retrieved on: 
Tuesday, October 24, 2023

Endocarditis is an infection of the endocardium (inner lining of the heart) and valves, usually caused by bacteria.

Key Points: 
  • Endocarditis is an infection of the endocardium (inner lining of the heart) and valves, usually caused by bacteria.
  • The main cause of endocarditis infections, S. aureus, is responsible for around 30%1 of cases.
  • Pascal Birman, Chief Medical Officer of PHAXIAM Therapeutics, stated: "This phase 1 study was designed primarily to assess the safety and pharmacokinetics of our anti-S. aureus phages in the treatment of endocarditis infections.
  • The treatment of endocarditis infections caused by S. aureus using phage therapy could thus offer a major alternative and hope to many patients who have reached a therapeutic impasse.”

CPP Announces Acquisition of Affordable Housing Communities in Santa Fe, New Mexico

Retrieved on: 
Monday, October 23, 2023

SANTA FE, N.M., Oct. 23, 2023 (GLOBE NEWSWIRE) -- CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer has entered the Santa Fe market with the acquisition and planned renovation of two developments in the city: Sangre De Cristo Apartments and Santa Fe Apartments.

Key Points: 
  • SANTA FE, N.M., Oct. 23, 2023 (GLOBE NEWSWIRE) -- CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer has entered the Santa Fe market with the acquisition and planned renovation of two developments in the city: Sangre De Cristo Apartments and Santa Fe Apartments.
  • Santa Fe Apartments, with 64 units, is located at 255 Camino Alire and was built in 1968.
  • Approximately two miles away is Sangre De Cristo Apartments, built in 1970, encompassing 164 units, and located at 1801 Espinacitas Street.
  • With 38 communities in New Mexico, including our newest one in Albuquerque, this purchase is another example of our continued investment in affordable housing in the state,” said Karen Buckland, Vice President at CPP.

Tetakawi Announces Expansion to Mazatlán with Consolidated Precision Products (CPP) as Inaugural Client

Retrieved on: 
Thursday, October 19, 2023

TUCSON, Ariz., Oct. 19, 2023 /PRNewswire/ -- Tetakawi, the largest provider of services for foreign manufacturing companies in Mexico, is thrilled to announce the upcoming expansion of a new Manufacturing Community in Mazatlán. This development complements Tetakawi's existing successful communities established in Empalme, Guaymas, Hermosillo, and Saltillo.

Key Points: 
  • TUCSON, Ariz., Oct. 19, 2023 /PRNewswire/ -- Tetakawi, the largest provider of services for foreign manufacturing companies in Mexico, is thrilled to announce the upcoming expansion of a new Manufacturing Community in Mazatlán .
  • Consolidated Precision Products (CPP) will be the inaugural client of the Mazatlán Manufacturing Community.
  • The Mazatlán Manufacturing Community with Tetakawi provides an optimal environment for our expansion."
  • Our vision at Tetakawi is to help our clients, employees, and the communities we serve to achieve their full potential.

Rita and Alex Hillman Foundation Awards $1.2 Million to Nursing-Driven Innovations that Improve Care for Youth

Retrieved on: 
Tuesday, October 17, 2023

NEW YORK, Oct. 17, 2023 (GLOBE NEWSWIRE) -- The Rita and Alex Hillman Foundation today announced two new grants from the Hillman Innovations in Care (HIC) program.

Key Points: 
  • NEW YORK, Oct. 17, 2023 (GLOBE NEWSWIRE) -- The Rita and Alex Hillman Foundation today announced two new grants from the Hillman Innovations in Care (HIC) program.
  • The awards, totalling $1.2 million, are to nurse researchers at the University of Pennsylvania and Johns Hopkins University.
  • These populations include Black, Indigenous, and People of Color (BIPOC), the economically disadvantaged, LGBTQ+ people, people experiencing homelessness, rural populations, refugees, and others.
  • “We believe that nursing innovation is a powerful force for change,” said Ahrin Mishan, Executive Director of The Rita and Alex Hillman Foundation.

CPP Announces Acquisition of Affordable Housing Community in Layton, Utah

Retrieved on: 
Thursday, October 12, 2023

LAYTON, Utah, Oct. 12, 2023 (GLOBE NEWSWIRE) -- CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer has announced the acquisition and planned renovation of Skyline View Apartments in Layton, Utah.

Key Points: 
  • LAYTON, Utah, Oct. 12, 2023 (GLOBE NEWSWIRE) -- CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer has announced the acquisition and planned renovation of Skyline View Apartments in Layton, Utah.
  • This is the second community for CPP in the state with a previous acquisition of properties in Ogden.
  • Both cities are north of Salt Lake City and ideally suited for families searching for affordable housing near the city.
  • “The Skyline View Apartments are a perfect example of CPP’s preservation efforts in affordable housing where it’s most needed,” said Seth Gellis, President at CPP.

AITX Provides Roll-Up Regarding Its Key Markets, End-Users, and Use Cases

Retrieved on: 
Wednesday, October 4, 2023

“We are so proud of our incredible customer base and the dealers that brought many of them to RAD,” said Steve Reinharz, CEO of AITX and RAD.

Key Points: 
  • “We are so proud of our incredible customer base and the dealers that brought many of them to RAD,” said Steve Reinharz, CEO of AITX and RAD.
  • Our team works tirelessly to make sure that every client is treated with the respect and professionalism they deserve.
  • In the automotive world and the controlled environments of financial institutions, RAD has successfully reduced common security challenges like trespassing and theft.
  • Regardless of the market or use case, RAD seamlessly blends its technological innovation with real-world applications, establishing a reliable security presence.

enCore Energy Provides Update on the Rosita & Alta Mesa ISR Uranium Central Processing Plants and Debt Repayment

Retrieved on: 
Wednesday, October 4, 2023

DALLAS, Oct. 4, 2023 /PRNewswire/ - enCore Energy Corp. (NYSE American: EU) (TSXV: EU) (the "Company" or "enCore") today provides an update from the South Texas Rosita In-Situ Recovery (ISR) Uranium Central Processing Plant (CPP) and Wellfield.

Key Points: 
  • DALLAS, Oct. 4, 2023 /PRNewswire/ - enCore Energy Corp. (NYSE American: EU) (TSXV: EU) (the "Company" or "enCore") today provides an update from the South Texas Rosita In-Situ Recovery (ISR) Uranium Central Processing Plant (CPP) and Wellfield.
  • The Alta Mesa CPP remains on track for production in Q1/2024 with key staffing in place for both facilities.
  • The Company also announces it has repaid a total of $20 million USD of the $60 million USD Alta Mesa debt, to Energy Fuels Inc., reducing the debt to $40 million USD.
  • The Rosita ISR Uranium Central Processing Plant (Rosita CPP) and Wellfield is enCore's initial focus for production in 2023.