CEBA

Restaurants Canada calls on Federal Government to Take Action on the Industry’s CEBA Repayment Proposal by May 31

Retrieved on: 
Monday, May 8, 2023

TORONTO, May 08, 2023 (GLOBE NEWSWIRE) -- Today, Restaurants Canada (RC) is calling on the federal government to adopt its Canada Emergency Business Account (CEBA) repayment proposal from RC’s 2023 Federal Pre-budget Submission .

Key Points: 
  • TORONTO, May 08, 2023 (GLOBE NEWSWIRE) -- Today, Restaurants Canada (RC) is calling on the federal government to adopt its Canada Emergency Business Account (CEBA) repayment proposal from RC’s 2023 Federal Pre-budget Submission .
  • 23, 2023, and the repayment deadline quickly approaching on Dec. 31, 2023, time is of the essence to address the acute CEBA loan repayment challenges facing restaurants and other small businesses.
  • Bankruptcy filings in foodservice have increased 116 per cent since 2022 and RC is expecting more restaurants to close their doors as a result of the federal government’s failure to take action.
  • RC’s CEBA  recommendations ask parliament to provide struggling small businesses with a 36-month payback extension on CEBA loans, with a scale-down model on the forgivable portion.

Xpansiv and Evolution Markets Inc. Join Clean Energy Buyers Association (CEBA)

Retrieved on: 
Tuesday, May 2, 2023

Xpansiv, a global energy transition market infrastructure provider, and Evolution Markets Inc., a leading provider of transaction and consultancy services in global carbon, renewable energy, and energy markets, have joined the Clean Energy Buyers Association (CEBA) as part of the firms’ initiative to promote innovative solutions to the development and procurement of renewable energy.

Key Points: 
  • Xpansiv, a global energy transition market infrastructure provider, and Evolution Markets Inc., a leading provider of transaction and consultancy services in global carbon, renewable energy, and energy markets, have joined the Clean Energy Buyers Association (CEBA) as part of the firms’ initiative to promote innovative solutions to the development and procurement of renewable energy.
  • Evolution Markets is a wholly-owned subsidiary of Xpansiv, and the memberships collectively demonstrate their commitment to empowering the decarbonization of our economy through the forum maintained by CEBA.
  • "Xpansiv is pleased to partner with the CEBA community, driving collaboration across the value chain to accelerate the energy transition.
  • We look forward to getting more involved in the CEBA community to promote clean energy solutions for the marketplace,” said Evan Ard, Chief Executive Officer of Evolution Markets.

Restaurants Canada’s Response to Federal Budget 2023

Retrieved on: 
Tuesday, March 28, 2023

TORONTO, March 28, 2023 (GLOBE NEWSWIRE) -- Restaurants Canada was pleased to see some positive measures in the 2023 federal budget to support Canada’s foodservice sector.

Key Points: 
  • TORONTO, March 28, 2023 (GLOBE NEWSWIRE) -- Restaurants Canada was pleased to see some positive measures in the 2023 federal budget to support Canada’s foodservice sector.
  • The budget also addressed the federal alcohol excise duty, which will now only increase to 2 per cent on April 1 rather than the initially planned 6.3 per cent.
  • “In a recent Restaurants Canada survey, we found nearly 20 per cent of the restaurants that have yet to reimburse CEBA will not be able to repay it in part or at all” added Bourbeau.
  • Restaurants Canada will continue to work in collaboration with the Government of Canada to ensure it continues to move forward with recommendations that render additional gains for foodservice from coast to coast to coast.

EVŌQ Nano Presents Breakthrough Nanoparticle Research at ACS Spring 2023 Conference

Retrieved on: 
Monday, March 27, 2023

SALT LAKE CITY and INDIANAPOLIS, March 27, 2023 /PRNewswire/ -- EVŌQ Nano scientists presented the culmination of 10 years of research and innovation at the American Chemical Society (ACS) Conference March 26, 2023 in Indianapolis, Indiana.  The research presented by Bretni Kennon Ph.D, EVōQ Nano's Chief Science Officer and William Niedermeyer, EVōQ Nano's Chief Technology Officer documents the unique attributes of the nanoparticle identified as EVQ-218.

Key Points: 
  • SALT LAKE CITY and INDIANAPOLIS, March 27, 2023 /PRNewswire/ -- EVŌQ Nano scientists presented the culmination of 10 years of research and innovation at the American Chemical Society (ACS) Conference March 26, 2023 in Indianapolis, Indiana.
  • The research presented by Bretni Kennon Ph.D, EVōQ Nano's Chief Science Officer and William Niedermeyer, EVōQ Nano's Chief Technology Officer documents the unique attributes of the nanoparticle identified as EVQ-218.
  • "We are proud to share with the scientific community this milestone presentation at the ACS Spring 2023 Conference"; said William Niedermeyer.
  • EVŌQ Nano is a proud member of APS Physics, BioHive, CEBA, ACS, and BioUtah.

Restaurants Canada calls on federal government to adopt phased approach to CEBA repayment

Retrieved on: 
Thursday, March 9, 2023

Toronto, March 09, 2023 (GLOBE NEWSWIRE) -- Restaurants Canada proposes a win-win solution for the federal government to save small businesses, and specifically restaurants as they continue to struggle with pandemic-related debt.

Key Points: 
  • Toronto, March 09, 2023 (GLOBE NEWSWIRE) -- Restaurants Canada proposes a win-win solution for the federal government to save small businesses, and specifically restaurants as they continue to struggle with pandemic-related debt.
  • With the Canada Emergency Business Account (CEBA) loan reimbursement deadline approaching quickly, Restaurants Canada is proposing a 36-month payback extension, with a scale-down model on the forgivable portion.
  • “For that reason, we are calling on the federal government to adopt our recommendation to implement a phased loan repayment approach for CEBA.
  • Restaurants Canada looks forward to its ongoing collaboration with the federal government to ensure foodservice remains an active part of the nation’s economy.

Amazon Sets a New Record for Most Renewable Energy Purchased by a Single Company

Retrieved on: 
Tuesday, January 31, 2023

With these continued investments, Amazon set a new corporate record for the most renewable energy announced by a single company in one year.

Key Points: 
  • With these continued investments, Amazon set a new corporate record for the most renewable energy announced by a single company in one year.
  • The company remains the largest corporate buyer of renewable energy—a position it’s held since 2020, according to Bloomberg New Energy Finance.
  • These purchases also bring Amazon closer to powering its operations with 100% renewable energy by 2025—five years ahead of its original 2030 target.
  • Once operational, Amazon’s global renewable energy projects are expected to generate 56,881 gigawatt-hours (GWh) of clean energy each year.

Corporate and Government Collaboration for Clean Energy Investment Moves From Commitment to Action: Up to $100 Billion in Clean Energy Investment Potential Across the World

Retrieved on: 
Thursday, November 10, 2022

The Clean Energy Demand Initiative was launched in November 2021 with more than 75 companies committing to collaborate with 14 countries -- potentially paving the way for over $100 billion in clean energy infrastructure investment. Today, those commitments have resulted in tangible actions thanks to collaboration amongst corporate energy customers, international governments, and policymakers.

Key Points: 
  • Corporate energy customers have played an influential role in the clean energy transition by procuring over 57 gigawatts of clean energy in the U.S. alone.
  • The Clean Energy Demand Initiative was launched in November 2021 with more than 75 companies committing to collaborate with 14 countries -- potentially paving the way for over $100 billion in clean energy infrastructure investment.
  • The U.S. Department of State Bureau of Energy Resources and the Clean Energy Buyers Alliance will co-lead the Secretariat for the Clean Energy Demand Initiative to support clean energy procurement around the world.
  • The Secretariat will:
    Catalogue and distribute clean energy policy, project, and investment best practices
    To learn more or to get involved as a corporate energy customer or international government, visit the Clean Energy Demand Initiative website: www.cedisecretariat.org
    The Clean Energy Buyers Alliance is a consortium of two organizations, the Clean Energy Buyers Association (CEBA) and the Clean Energy Buyers Institute (CEBI) , whose missions and methods are complementary.

GM Secures All Energy Needed to Achieve Renewable Energy Goal 25 Years Ahead of Initial Target

Retrieved on: 
Wednesday, October 26, 2022

This is in line with the accelerated target announced in September 2021, which is 5 years ahead of the 2030 target announced in early 2021 and 25 years ahead of the initial target of 2050, set in 2016.

Key Points: 
  • This is in line with the accelerated target announced in September 2021, which is 5 years ahead of the 2030 target announced in early 2021 and 25 years ahead of the initial target of 2050, set in 2016.
  • The company's renewable energy strategy is rooted in four pillars:
    Increasing Energy Efficiency:GM's energy goals begin with reducing energy consumption by improving energy efficiency.
  • For 11 years, GM has been awarded the EPA Energy Star Sustained Excellence Award for its energy efficiency efforts.
  • This is the main way through which GM is achieving its renewable energy goal.

Private Sector Energy Customer Companies Take Measurable Action to Decarbonize Industrial Commodities

Retrieved on: 
Thursday, October 20, 2022

Industries must prioritize and lead the change to decarbonization, said Mark Porter, vice president, Transmission Acceleration Group at the Clean Energy Buyers Institute (CEBI) and Clean Energy Buyers Association (CEBA).

Key Points: 
  • Industries must prioritize and lead the change to decarbonization, said Mark Porter, vice president, Transmission Acceleration Group at the Clean Energy Buyers Institute (CEBI) and Clean Energy Buyers Association (CEBA).
  • Industrial materials are the building blocks of modern life; leading companies are preferencing low-carbon inputs for their products.
  • The Industrials and Materials sectors are increasingly active in the Clean Energy Buyers Associations State of the Market 2022 , which looks at all corporate clean energy purchases.
  • The Clean Energy Buyers Institute (CEBI) is a 501c3 public charity that solves the toughest market and policy barriers to achieve a carbon-free energy system.

Minister Ng participates in Small Business Week events

Retrieved on: 
Friday, October 21, 2022

Throughout BDC Small Business Week 2022 , the Honourable Mary Ng, Ministerof InternationalTrade, Export Promotion, SmallBusinessandEconomic Development, highlighted how the Government of Canada continues to support small businesses across the country, helping them grow, innovate and adapt to changing times.

Key Points: 
  • Throughout BDC Small Business Week 2022 , the Honourable Mary Ng, Ministerof InternationalTrade, Export Promotion, SmallBusinessandEconomic Development, highlighted how the Government of Canada continues to support small businesses across the country, helping them grow, innovate and adapt to changing times.
  • The Minister started the week by highlighting updates to the Canada Small Business Financing Program at a Canadian Chamber of Commerce event in Ottawa.
  • Minister Ng also highlighted ongoing government support for small businesses, such as extending the deadline for repaying Canada Emergency Business Account (CEBA) loans by one year to December 31, 2023.
  • BDC Small Business Week has been a registered trademark of the Business Development Bank of Canada since 1986.