TSX

Tricon Residential Announces Receipt of Interim Order for Proposed Take Private by Blackstone Real Estate and Provides Details of Special Meeting

Retrieved on: 
Friday, February 16, 2024

The Interim Order authorizes the calling and holding of a special meeting on March 28, 2024 (the “Special Meeting”) of the holders of Common Shares (the “Company Shareholders”), the granting of dissent rights to registered Company Shareholders, and other matters relating to the conduct of the Special Meeting.

Key Points: 
  • The Interim Order authorizes the calling and holding of a special meeting on March 28, 2024 (the “Special Meeting”) of the holders of Common Shares (the “Company Shareholders”), the granting of dissent rights to registered Company Shareholders, and other matters relating to the conduct of the Special Meeting.
  • The Interim Order authorizes and orders that the Special Meeting be held on Thursday, March 28, 2024 at 10:00 a.m. (Toronto time) in virtual-only format via live audio webcast, including any adjournments or postponements thereof.
  • Details of the Special Meeting and how Company Shareholders or their duly appointed proxyholders can attend, access, participate in and vote at the Special Meeting are set out in the Circular.
  • Registered Company Shareholders and duly appointed proxyholders will be able to attend, participate and vote at the Special Meeting online.

CPKC and TCRC labour negotiations update

Retrieved on: 
Friday, February 16, 2024

The TCRC - T&E represents CPKC's roughly 3,200 locomotive engineers, conductors and train and yard workers, and the TCRC - RCTC represents approximately 80 rail traffic controllers, all in Canada.

Key Points: 
  • The TCRC - T&E represents CPKC's roughly 3,200 locomotive engineers, conductors and train and yard workers, and the TCRC - RCTC represents approximately 80 rail traffic controllers, all in Canada.
  • Since September 2023, CPKC has been negotiating in good faith with the TCRC - T&E and TCRC - RCTC.
  • However, Federal Conciliation has been required in nine of the 10 collective bargaining rounds of negotiations between the TCRC - T&E and CPKC since 1993.
  • While the two TCRC collective agreements expired on December 31, 2023, they remain in effect under Canadian labour law until the parties reach new agreements.

CN Files a Notice of Dispute

Retrieved on: 
Friday, February 16, 2024

MONTREAL, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Today, CN (TSX: CNR) (NYSE: CNI) filed for a notice of dispute in its negotiations with the Teamsters Canada Rail Conference (TCRC) to support the parties in achieving a negotiated settlement.

Key Points: 
  • MONTREAL, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Today, CN (TSX: CNR) (NYSE: CNI) filed for a notice of dispute in its negotiations with the Teamsters Canada Rail Conference (TCRC) to support the parties in achieving a negotiated settlement.
  • The TCRC represents approximately 6,000 conductors, conductor trainees, yard coordinators and locomotive engineers across CN’s network in Canada.
  • CN strongly believes that an agreement can be achieved through the collective bargaining process and remains committed to working with the TCRC to reach an agreement that is good for the employees, for CN and for Canada’s supply chain.
  • Recent regulatory changes have challenged crew availability and CN is proposing to address that issue through a modernization of the compensation model.

Granite REIT Declares Distribution for February 2024

Retrieved on: 
Friday, February 16, 2024

Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.275 per stapled unit for the month of February 2024.

Key Points: 
  • Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.275 per stapled unit for the month of February 2024.
  • The distribution will be paid by Granite on Friday, March 15, 2024 to stapled unitholders of record at the close of trading on Thursday, February 29, 2024.
  • Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes.
  • A qualified notice providing the breakdown of the sources of the distribution will be issued to the Depository Trust & Clearing Corporation subsequent to the record date of February 29, 2024, pursuant to United States Treasury Regulation Section 1.1446-4.

Capital Power completes acquisition of the 1,092-MW Harquahala natural gas generation facility in Arizona

Retrieved on: 
Friday, February 16, 2024

EDMONTON, Alberta, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (“Capital Power” or the “Company”) is pleased to announce the closing today of the acquisition by a 50/50 partnership between Capital Power Investments, LLC and an affiliate of a fund managed by BlackRock’s Diversified Infrastructure business (“BlackRock”) of 100% of the equity interests in New Harquahala Generating Company, LLC (the “Harquahala Acquisition”) which owns the 1,092 MW Harquahala natural gas-fired generation facility in Arizona.

Key Points: 
  • EDMONTON, Alberta, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (“Capital Power” or the “Company”) is pleased to announce the closing today of the acquisition by a 50/50 partnership between Capital Power Investments, LLC and an affiliate of a fund managed by BlackRock’s Diversified Infrastructure business (“BlackRock”) of 100% of the equity interests in New Harquahala Generating Company, LLC (the “Harquahala Acquisition”) which owns the 1,092 MW Harquahala natural gas-fired generation facility in Arizona.
  • The Harquahala Acquisition and the acquisition of the 1,062 MW La Paloma natural gas-fired generation facility in California were previously announced on November 20, 2023.
  • The net purchase price for the two acquisitions attributable to Capital Power is US$1.1 billion, subject to working capital adjustments.
  • Capital Power will be responsible for the operation, maintenance and asset management of the facilities relating to the Acquisitions and will receive an annual management fee for the Harquahala facility.

Gildan Included in CDP’s Leadership Band and in S&P Global’s Sustainability Yearbook

Retrieved on: 
Friday, February 16, 2024

In addition, Gildan was also included in the Sustainability Yearbook 2024 by S&P Global for the 12th consecutive year, based on S&P Global’s Corporate Sustainability Assessment (CSA) in 2023.

Key Points: 
  • In addition, Gildan was also included in the Sustainability Yearbook 2024 by S&P Global for the 12th consecutive year, based on S&P Global’s Corporate Sustainability Assessment (CSA) in 2023.
  • “Gildan’s inclusions in CDP’s Leadership band and the S&P Global’s Sustainability Yearbook highlight the Company’s strong commitment to sustainable practices,” said Vince Tyra, President and CEO of Gildan.
  • S&P Global’s Sustainability Yearbook 2024 - Gildan was included by S&P Global as a Sustainability Yearbook member based on its 2023 CSA score.
  • The Yearbook is a comprehensive report distinguishing some of the world’s leading companies for their demonstrated sustainability initiatives and practices.

Sleep Country Brings the Power of Sleep to Etobicoke with New Store Location

Retrieved on: 
Friday, February 16, 2024

ETOBICOKE, ON, Feb. 16, 2024 /CNW/ - Sleep Country Canada Holdings Inc. ("Sleep Country" or the "Company") (TSX: ZZZ), Canada's leading specialty sleep retailer, is pleased to announce its new store opening in Toronto's Etobicoke neighbourhood.

Key Points: 
  • ETOBICOKE, ON, Feb. 16, 2024 /CNW/ - Sleep Country Canada Holdings Inc. ("Sleep Country" or the "Company") (TSX: ZZZ), Canada's leading specialty sleep retailer, is pleased to announce its new store opening in Toronto's Etobicoke neighbourhood.
  • Strategically situated along major transportation routes, the new store will seamlessly connect more Canadians to the transformative benefits of quality sleep.
  • As leaders in sleep for nearly 30 years, Sleep Country's new location will provide Torontonians with access to a team of Sleep Experts and some of the world's leading sleep brands.
  • Sleep Country knows that getting a good night's sleep is critical to mental and physical wellbeing, and is committed to creating a world-class customer shopping experience.

Greenbriar Announces Dividend Policy and Expanded Real Estate Project Pipeline

Retrieved on: 
Friday, February 16, 2024

The project is outlined for 3,500 units of mixed use.

Key Points: 
  • The project is outlined for 3,500 units of mixed use.
  • In addition, the company is actively engaged to acquire a sizeable entry-level housing project in both Southern Arizona and Hawaii.
  • For new readers of Greenbriar, Chris Harvey was previously CEO of JP Morgan Securities.
  • Since inception, Greenbriar has demonstrated its ability to successfully make and develop accretive acquisitions resulting in year-over-year asset growth.

Nutrien Announces Mark Thompson and Jeff Tarsi as Speakers at the BofA Investor Conference

Retrieved on: 
Friday, February 16, 2024

Nutrien Ltd. (TSX and NYSE: NTR) announced today that Mr. Mark Thompson, Nutrien’s Executive Vice President and Chief Commercial Officer, and Mr. Jeff Tarsi, Nutrien’s Executive Vice President and President, Global Retail, will be speaking at the BofA 2024 Securities Global Agriculture and Materials Conference on Wednesday, February 28 at 9:50 a.m. EST.

Key Points: 
  • Nutrien Ltd. (TSX and NYSE: NTR) announced today that Mr. Mark Thompson, Nutrien’s Executive Vice President and Chief Commercial Officer, and Mr. Jeff Tarsi, Nutrien’s Executive Vice President and President, Global Retail, will be speaking at the BofA 2024 Securities Global Agriculture and Materials Conference on Wednesday, February 28 at 9:50 a.m. EST.

Nutrien Announces Ken Seitz as a Speaker at the BMO Investor Conference

Retrieved on: 
Friday, February 16, 2024

Nutrien Ltd. (TSX and NYSE: NTR) announced today that Mr. Ken Seitz, Nutrien’s President and Chief Executive Officer, will be speaking at the BMO Global Metals, Mining and Critical Minerals Conference on Tuesday, February 27 at 8:00 a.m. EST.

Key Points: 

Nutrien Ltd. (TSX and NYSE: NTR) announced today that Mr. Ken Seitz, Nutrien’s President and Chief Executive Officer, will be speaking at the BMO Global Metals, Mining and Critical Minerals Conference on Tuesday, February 27 at 8:00 a.m. EST.