Federation

Park Place Technologies Acquires SDV Solutions

Retrieved on: 
Tuesday, March 26, 2024

CLEVELAND, OH, March 26, 2024 (GLOBE NEWSWIRE) -- Park Place Technologies, the world’s leading data center and networking optimization firm, has acquired Virginia-based SDV Solutions, which provides client-centric data center infrastructure solutions exclusively to Federal Government agencies.

Key Points: 
  • CLEVELAND, OH, March 26, 2024 (GLOBE NEWSWIRE) -- Park Place Technologies, the world’s leading data center and networking optimization firm, has acquired Virginia-based SDV Solutions, which provides client-centric data center infrastructure solutions exclusively to Federal Government agencies.
  • Mike McMahan will remain with Park Place to ensure clients have a consistent and trusted team supporting the most critical missions of the U.S. Government.
  • Chris Adams, Park Place Technologies President and CEO, said SDV’s reputation and business practices make it an important addition for Park Place’s established Federal client base.
  • “SDV and Park Place will do more than maintain current standards; we will strengthen our services and provide options that will solidify our place as the U.S. Government’s most-trusted data center maintenance and optimization firm,” McMahan said.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Innodata, Fox Factory, Lantronix, and Palo Alto Networks and Encourages Investors to Contact the Firm

Retrieved on: 
Tuesday, March 26, 2024

Innodata also stopped disclosing its Research and Development spend after the first quarter of 2021.

Key Points: 
  • Innodata also stopped disclosing its Research and Development spend after the first quarter of 2021.
  • On this news, the price of Innodata common stock declined by $3.74 per share, or approximately 30.5%, on February 15, 2024.
  • The complaint further alleges that when these misleading statements and omissions about Fox Factory’s business reached the market, investors were harmed significantly.
  • For more information on the Palo Alto Networks class action go to: https://bespc.com/cases/PANW

Construction demands in Ontario remain elevated through 2029

Retrieved on: 
Tuesday, March 26, 2024

BuildForce Canada published its 2024–2033 Construction and Maintenance Looking Forward report for Ontario today.

Key Points: 
  • BuildForce Canada published its 2024–2033 Construction and Maintenance Looking Forward report for Ontario today.
  • They wind down in the latter years of the forecast as these projects reach peak activity and demands start to subside.
  • The outlook for the complete forecast period sees construction and maintenance employment rising to a peak in 2028.
  • The construction market in Northern Ontario is heavily influenced by activity in the mining and utility sectors.

Bloom Energy to Receive up to $75 million in Federal Tax Credits for Fremont Manufacturing Plant

Retrieved on: 
Monday, April 8, 2024

Bloom Energy Inc. (NYSE:BE), a leading provider of clean energy solutions, was recently awarded up to $75 million in tax credits by the Department of Energy, Department of Treasury, and the Internal Revenue Service under the Qualifying Advanced Energy Project 48C initiative.

Key Points: 
  • Bloom Energy Inc. (NYSE:BE), a leading provider of clean energy solutions, was recently awarded up to $75 million in tax credits by the Department of Energy, Department of Treasury, and the Internal Revenue Service under the Qualifying Advanced Energy Project 48C initiative.
  • Bloom was selected for this award for its commitment to expand domestic manufacturing and fuel cell and electrolyzer production capacity at its multi-gigawatt Fremont, California manufacturing plant.
  • At the heart of Bloom Energy’s recently opened Fremont facility is the ability to manufacture high-efficiency fuel cell stacks, which serve as the foundational technology for the company’s Energy Server® platform and Bloom Electrolyzer™.
  • The funding is part of the $4 billion in tax credits recently announced by the White House under the Qualifying Advanced Energy Project Tax Credit to accelerate domestic clean energy manufacturing and reduce greenhouse gas emissions at industrial facilities.

Travel companies operating in Canada complicit in Taiji dolphin hunts, new report reveals

Retrieved on: 
Tuesday, April 9, 2024

The annual dolphin hunt, off the coast of Taiji, Japan has received worldwide condemnation for the cruelty it causes.

Key Points: 
  • The annual dolphin hunt, off the coast of Taiji, Japan has received worldwide condemnation for the cruelty it causes.
  • After World Animal Protection Canada's urging, the federal government and several Canadian travel companies have shown leadership in ending the dolphin entertainment industry.
  • Canadian airline vacation companies Air Transat, Air Canada, WestJet and Sunwing committed to phase out their sale and promotion of captive dolphin venues globally.
  • The full report, Waves of Profit: How the Tourism Industry Profits from the Taiji Dolphin Hunts can be found here.

VIAVI Introduces Performance Testing for Post-Quantum Cryptography Deployments

Retrieved on: 
Tuesday, April 9, 2024

CHANDLER, Ariz., April 9, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced the addition of performance testing capability for Post-Quantum Cryptography (PQC) system deployments.

Key Points: 
  • CHANDLER, Ariz., April 9, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced the addition of performance testing capability for Post-Quantum Cryptography (PQC) system deployments.
  • Introducing cryptographic protocols can create additional network performance overhead, ultimately affecting end-user quality of experience.
  • VIAVI has extensive experience testing and assuring large-scale and complex networks worldwide, including security testing.
  • "TeraVM Security Test will give them confidence in their capabilities through rigorous testing using standardized algorithms, emulated users, real office applications and loaded networks."

Report Finds Fundamental Changes Needed to Scale Electric Vehicles in US

Retrieved on: 
Monday, April 8, 2024

Federal incentives, growing consumer demand, and supportive policies are driving efforts by the automotive industry to scale up production and uptake of electric vehicles.

Key Points: 
  • Federal incentives, growing consumer demand, and supportive policies are driving efforts by the automotive industry to scale up production and uptake of electric vehicles.
  • However, scaling further requires transformative change to infrastructure and environmental regulatory programs – as one report participant put it, "everything has to change."
  • Although the federal government has offered significant incentives to accelerate production, auto manufacturers have been left scrambling to unpick complex infrastructure permitting rules.
  • Dan Anziska, Partner at Troutman Pepper explains: "A lot needs to happen for EVs by 2026 to be widely adopted.

NEW STUDY FINDS NINE IN TEN CANADIANS SUPPORT A FULLY FUNDED CANADA DISABILITY BENEFIT.

Retrieved on: 
Monday, April 8, 2024

Although results found overwhelming support for the benefit, Canadians are critical of the pace of implementation and do not trust that government will follow through.

Key Points: 
  • Although results found overwhelming support for the benefit, Canadians are critical of the pace of implementation and do not trust that government will follow through.
  • The Canada Disability Benefit has the potential to be one of Canada's most important programs and could lift nearly one million Canadians out of poverty if fully funded."
  • For Canadians concerned about government debt, a fully funded benefit will reduce these downstream costs, all while helping Canadians with disabilities live a life of dignity.
  • Over 200,000 letters have been sent to MPs across the country expressing support for a fully funded Canada Disability Benefit.

Securing Canada's AI advantage

Retrieved on: 
Sunday, April 7, 2024

The Prime Minister, Justin Trudeau, today announced a $2.4 billion package of measures from the upcoming Budget 2024 to secure Canada's AI advantage.

Key Points: 
  • The Prime Minister, Justin Trudeau, today announced a $2.4 billion package of measures from the upcoming Budget 2024 to secure Canada's AI advantage.
  • We will also develop a new Canadian AI Sovereign Compute Strategy to catalyze the development of Canadian-owned and located AI infrastructure.
  • Creating a new Canadian AI Safety Institute, with $50 million to further the safe development and deployment of AI.
  • Today's announcement is about investing in innovation and economic growth to secure Canada's world-leading AI advantage today and for generations to come.

Single mothers in particular would benefit from more subsidized housing in Canada

Retrieved on: 
Tuesday, April 9, 2024

Housing prices have increased at double the rate of income growth over the past two decades.

Key Points: 
  • Housing prices have increased at double the rate of income growth over the past two decades.
  • To cope with housing affordability issues, people are increasingly “doubling up” with others and living in overcrowded housing.

Investing in subsidized housing

  • Many academics, policymakers, stakeholders and the media have emphasized the need for more subsidized housing units to tackle this crisis.
  • For example, in the city of Toronto, the wait time for a one-bedroom subsidized housing unit is 14 years.

National Housing Strategy


The federal government is taking steps to address Canada’s housing affordability crisis by implementing the National Housing Strategy. It has pledged to invest $82 billion to increase affordable housing. Roughly 25 to 33 per cent of these funds will be allocated to address the unmet housing needs of women and children. The implementation of the National Housing Strategy has raised two important questions:
To what extent does access to subsidized housing improve housing circumstances for Canadians?
What groups benefit the most from having access to subsidized housing?

Access to subsidized housing

  • To address these questions, our study investigates how living in subsidized housing affects children’s exposure to unaffordable and overcrowded housing.
  • Regardless of their family structure, children in subsidized housing are less likely than those in non-subsidized housing to experience housing affordability issues.
  • Conversely, the pattern of variation in children’s exposure to overcrowded housing according to their access to subsidized housing differs markedly between children in two-parent and other families.

Who benefits the most?

  • This compares with 65 per cent of children in two-parent families and 45 per cent of children in single-father families.
  • This compares with six per cent for children in single-father homes and 15 per cent for children without resident parents.

Implications for housing policy

  • It must rapidly build more subsidized housing units.
  • In doing so, the government can reduce the wait times for subsidized housing and offer more units to those with high levels of housing vulnerability.
  • Ottawa should also aim to better understand the needs of those in subsidized housing and build units that address these needs.


Kate Choi receives funding from the Social Sciences and Humanities Research Council (SSHRC).