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June 11, 2021
As G7 world leaders gather in the U.K. to combat global challenges, including climate change, and as the next step in Canada's commitment to addressing...
June 10, 2021
FP500: Corporate snakes and ladders Andy Holloway © Provided by Financial Post FP500 research includes public firms, private companies, subsidiaries and Crown corporations, making the FP500 the most authoritative survey of Canadian business available. Welcome to FP Magazine’s latest ranking of Canada’s largest corporations by revenue. Here are some highlights: Chart attack The total revenue reported by the FP500 as a group was $2.26 trillion, down from last year’s to...
June 4, 2021
In an open letter released as part of a week of action against the company ahead of their June 8 Annual General Meeting, signatories detailed the threats that ReconAfrica’s potential development poses for human rights, Indigenous rights, local livelihoods, drinking water for over 1 million people, the global climate, and a critical and world-famous ecosystem. In an open letter released as part of a week of action against the company ahead of their June 8 Annual General Meeting, signatories det...
May 27, 2021
Macro Enterprises Inc. Announces 2021 First Quarter Results Summary of financial results Three months ended 31,508 Note 1 - References to EBITDA are to net income from continuing operations before interest, taxes, amortization and impairment charge. EBITDA is not an earnings measure recognized by International Financial Reporting Standards ("IFRS") and does not have a standardized meaning prescribed by IFRS. Management believes that EBITDA is an appropriate measure in evaluating the Companys...
May 26, 2021
Cubico Sustainable Investments (Cubico) has achieved financial close on the refinancing of the Moron and Olivenza concentrated solar power (CSP) projects in Sevilla and Badajoz, Spain. The refinancing of the projects, which were acquired in March this year as part of the Grupo T-Solar portfolio and have a capacity of 50MW each, was completed with a green loan. The green loan complies with the Green Loan Principles and is the fourth of this type in Cubico’s Spanish portfolio, following the ref...
May 21, 2021
HALIFAX, Nova Scotia, May 17, 2021 (GLOBE NEWSWIRE) — Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) (“Erdene” or the “Company”) is pleased to announce operating and financial results for the three months ended March 31, 2021 and to provide an update on its Bayan Khundii Gold Project (“Bayan Khundii” or “BK”). This release should be read in conjunction with the Company’s Q1-2021 Financial Statements and MD&A, available on the Company’s website or SEDAR. Highlights:...
May 20, 2021
By Mike Turner 11.30 AM Eurostar, the company that runs trains through the Channel Tunnel between London and Europe, has signed a £250m commercial financing package, months after the company begged the UK government for bailout funding. The bulk of the facility is made up of a £150m syndicated loan from Barclays, BNP Paribas, Crédit Agricole, Export Development Canada, NatWest and Société Générale.This facility comes with guarantees from Eurostar’s shareholders; the French state railwa...
May 20, 2021
The COVID-19 pandemic has caused unprecedented economic and social challenges worldwide. These effects have been particularly damaging for many of Canada’s partners in Africa.
May 20, 2021
A Calgary charitable organization known for its community outreach and advocacy work amongst young students has now waited more than seven months to receive much-needed COVID-19 relief funding from the federal government.
May 19, 2021
TORONTO -- A new study has revealed that just 20 companies account for more than 50 per cent of all single-use plastic in the world, while another 20 financial institutions are enabling these companies. The Plastic Waste Makers Index, released on Wednesday from the Australia-based Minderoo Foundation, found that just 20 polymer producers accounted for 57.3 million tonnes of single-use plastic waste in 2019. The report states that environmentalists have previously placed the blame for p...