Municipal government in Canada

Minister Hutchings highlights government's plan to double the GST credit

Retrieved on: 
Tuesday, November 8, 2022

Today, the Honourable Gudie Hutchings, Minister of Rural Economic Development, highlighted the Government of Canada's plan to double the GST credit in the form of a one-time payment.

Key Points: 
  • Today, the Honourable Gudie Hutchings, Minister of Rural Economic Development, highlighted the Government of Canada's plan to double the GST credit in the form of a one-time payment.
  • Starting November4,2022, an estimated 11 million low- and modest-income Canadians who currently receive the GST credit will automatically receive an additional payment.
  • As of last Friday, an estimated 11 million Canadians have begun to receive an additional GST credit payment.
  • This payment, equivalent to doubling the GST credit, will provide $2.5 billion in additional targeted support.

Fall economic statement takes steps to stay globally competitive on clean-tech investment

Retrieved on: 
Friday, November 4, 2022

New investment tax credits for clean technology such as hydrogen development and small modular reactors are another positive step forward in support of the Pathways Alliances multi-phased plan.

Key Points: 
  • New investment tax credits for clean technology such as hydrogen development and small modular reactors are another positive step forward in support of the Pathways Alliances multi-phased plan.
  • Our industry has an essential role to play in helping our country achieve a sustainable future.
  • Cautionary Statement: Statements of future events or conditions in this press release, including projections, targets, expectations, estimates, and business plans are forward-looking statements.
  • The companies undertake no obligation to update any forward-looking statements contained in this press release, except as required by applicable law.

ClearStream Announces Third Quarter 2022 Financial Results

Retrieved on: 
Thursday, November 3, 2022

CALGARY, Alberta, Nov. 03, 2022 (GLOBE NEWSWIRE) -- ClearStream Energy Services Inc. (“ClearStream” or the "Company") (TSX: CSM) today announced its results for the nine months ended September 30, 2022. All amounts are in Canadian dollars and expressed in thousands of dollars unless otherwise noted.

Key Points: 
  • Gross profit margin for the three and nine months ended September 30, 2022 was 12.0% and 10.1% compared to 11.2% and 10.6% for the same periods in 2021.
  • These investments, which will extend throughout 2022, are expected to drive longer-term efficiencies and increase our cost competitiveness.
  • As at September30, 2022, the accrued and unpaid dividends on the Series 1 and Series 2 shares totaled $72.4 million.
  • Our unaudited condensed consolidated interim financial statements for the three and nine months ended September 30, 2022 and the related Management's Discussion and Analysis of the operating and financial results can be accessed on our website at www.clearstreamenergy.ca and will be available shortly through SEDAR at www.sedar.com .

Providence Therapeutics Appoints Judyanna Yu as Chief Financial Officer

Retrieved on: 
Wednesday, November 2, 2022

CALGARY, Alberta, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Providence Therapeutics Holdings Inc. ("Providence"), a biopharmaceutical company developing messenger RNA (mRNA) vaccines and therapeutics, announces the appointment of Judyanna Yu, CPA, CA as chief financial officer (CFO).

Key Points: 
  • CALGARY, Alberta, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Providence Therapeutics Holdings Inc. ("Providence"), a biopharmaceutical company developing messenger RNA (mRNA) vaccines and therapeutics, announces the appointment of Judyanna Yu, CPA, CA as chief financial officer (CFO).
  • Judyannas extensive experience in global finance and operations will be critical as we enter our next phase of growth, said Brad Sorenson, chief executive officer of Providence Therapeutics.
  • Ms. Yu held CFO and VP of Finance roles at several other large private and public companies throughout her career.
  • Providence is a Canadian clinical-stage biotechnology company pioneering mRNA therapeutics and vaccines with operations in Calgary, Alberta and Toronto, Ontario.

Nuclear Power Reactor Decommissioning Global Market Report 2022: Growing Environmental Awareness Fueling Growth - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 2, 2022

The "Nuclear Power Reactor Decommissioning Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Nuclear Power Reactor Decommissioning Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
  • Pressurized nuclear power reactor decommissioning refers to a type of nuclear reactor that generates energy while also propelling nuclear submarines and naval vessels.
  • The growing sensitivity towards environmental issues is expected to propel the growth of the nuclear power reactor decommissioning market going forward.
  • Therefore, growing sensitivity towards environmental issues is driving the growth of the nuclear power reactor decommissioning market.

Government of Canada announces funding to clean up Hurricane Fiona ocean litter to make waters safer, healthier and return fishing equipment to harvesters

Retrieved on: 
Wednesday, November 2, 2022

This lost fishing gear costs money for fish harvesters to replace, and is also a severe threat to the marine environment.

Key Points: 
  • This lost fishing gear costs money for fish harvesters to replace, and is also a severe threat to the marine environment.
  • We ask fish harvesters to report their lost gear , including fishing gear lost due to Hurricane Fiona.
  • This reporting helps us know the ocean litter hotspots, prioritize areas for retrieval, and also return usable fishing gear to fish harvesters.
  • All commercial fish harvesters in Canada are required to report their lost fishing gear to Fisheries and Oceans Canada.

BMC Selected by Shared Services Canada to Support Cloud Framework for Government of Canada

Retrieved on: 
Tuesday, November 1, 2022

HOUSTON, Nov. 1, 2022 /PRNewswire/ -- BMC, a global leader in software solutions for the Autonomous Digital Enterprise (ADE), today announced that Shared Services Canada (SSC) has enabled the ITSM SaaS offering under the ITSM Contract previously awarded to BMC in August 2019. The contract award followed a public Request for Proposal (RFP) and will simplify secure access to the BMC Helix platform for the Government of Canada and its departments and agencies, while safeguarding data and privacy of Canadian users.                        

Key Points: 
  • The announcement underscores the digital strategy for the Government of Canada and Shared Services Canada as they continue work to advance, consolidate, and provide information technology services across federal government departments in Canada.
  • "By establishing BMC as a strategic Cloud Service Provider to the Government of Canada and its departments and agencies, we hope to ensure its successful journey to becoming an autonomous digital enterprise."
  • To meet the high security standard required by the Government of Canada, BMC is collaborating with Amazon Web Services (AWS) Canada (Central) Region and was assessed against an extensive number of required security controls.
  • BMC, BMC Software, the BMC logo, and other BMC marks are the exclusive properties of BMC Software, Inc. and are registered or may be registered with the U.S. Patent and Trademark Office or in other countries.

Givex Announces Appointment of Divya Kulkarni to Board of Directors

Retrieved on: 
Tuesday, November 1, 2022

Global fintech company adds former GE exec and seasoned sales, marketing, PR, finance and audit leader to its distinguished board

Key Points: 
  • Global fintech company adds former GE exec and seasoned sales, marketing, PR, finance and audit leader to its distinguished board
    TORONTO, Nov. 1, 2022 /PRNewswire/ - Givex Information Technology Group Ltd. ("Givex") (TSX: GIVX) announced today the appointment of Divya Kulkarni to its Board of Directors.
  • "As we enter the last quarter of our first year as a public company, we are laser focused on future growth, and adding Divya to our Board of Directors is a huge step forward for Givex," said Don Gray, CEO of Givex.
  • "As Givex continues to grow, I look forward to leveraging my background in retail, finance/audit and acquisition integration to help Givex achieve its goals," said Kulkarni.
  • Kulkarni joins Don Gray , Givex CFO Jim Woodside , Michael Carr , Miles Evans and Robert Munro on the Givex Board of Directors.

Ontario Becomes Ninth Jurisdiction to Join Canada's Regional Energy and Resource Tables

Retrieved on: 
Wednesday, October 26, 2022

Today, the Honourable Jonathan Wilkinson, federal Minister of Natural Resources, and the Honourable Todd Smith, Ontario Minister of Energy, announced that Ontario is formally joining the Regional Energy and Resource Tables, a partnership among the federal government and each province and territory to support economic growth and strong communities across the country.

Key Points: 
  • Today, the Honourable Jonathan Wilkinson, federal Minister of Natural Resources, and the Honourable Todd Smith, Ontario Minister of Energy, announced that Ontario is formally joining the Regional Energy and Resource Tables, a partnership among the federal government and each province and territory to support economic growth and strong communities across the country.
  • Today's announcement at the Darlington Nuclear Generating Station brings the number of provinces and territories participating in the Regional Tables to nine.
  • Federal Budget 2022 included $25 million to launch the Regional Energy and Resource Tables to work with provinces, territories, Indigenous partners and relevant stakeholders to advance regional economic growth opportunities, accelerate energy transformation priorities and create sustainable jobs.
  • The Council will feed into the Regional Energy and Resource Tables process.

Innovative Projects Launch New Ways to Utilize Sustainable Forest Resources

Retrieved on: 
Tuesday, October 25, 2022

Canada has vast forest resources that have the potential to drive low-carbon economic growth and create sustainable jobs.

Key Points: 
  • Canada has vast forest resources that have the potential to drive low-carbon economic growth and create sustainable jobs.
  • The Honourable Jonathan Wilkinson, Minister of Natural Resources, today announced two contributions through the Investments in Forest Industry Transformation (IFIT) program that support Canada's forest sector in becoming more economically competitive and environmentally sustainable through targeted investments in advanced technologies.
  • Both projects will open up new employment opportunities in the forest sector, provide economic development benefits to the local communities and advance innovative products and technologies that support the low-carbon economy.
  • The funding closed a gap for our forest technology startup and helped position us to prepare for commercialization due diligence.