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The Canadian Sustainable Jobs Act Becomes Law

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OTTAWA, ON, June 20, 2024 /CNW/ – As countries around the world race to seize the economic opportunities associated with the global energy transition, the Government of Canada is taking historic action to ensure that Canadian workers and industries win, with the creation of sustainable jobs across regions and sectors. That is why the Government of Canada is investing to ensure workers have the necessary skills and tools to seize this opportunity and build the industries of the future, today.

Today, Bill C-50, the Canadian Sustainable Jobs Act, received Royal Assent. This legislation will foster the creation of sustainable jobs, support industries and communities in every region across Canada, and help the workforce gain the necessary skills, training and tools to fill these new job opportunities. This is a historic step toward ensuring that Canadian workers are at the centre of Canada’s Sustainable Jobs Actions Plans, as global investment flows toward low-carbon economic opportunities in Canadian industries.

The federal government will support and provide leadership on effective action focused on preparing the Canadian workforce for jobs of the future, while seizing the abundant economic opportunities before us today. The Act supports the government in advancing the 10 key measures under Canada’s interim Sustainable Jobs Plan released in February 2023 and will ensure ongoing action to create sustainable jobs for generations to come.

The Canadian Sustainable Jobs Act:

Requires the development of Sustainable Jobs Action Plans, starting in 2025, to deliver concrete measures to advance these goals, while ensuring an inclusive approach is followed;Establishes Canada’s Sustainable Jobs Secretariat to ensure effective collaboration and policy coherence across federal entities;Establishes the Sustainable Jobs Partnership Council so representatives of Indigenous organizations, labour, industry and other Canadians can engage with Canadians and provide government with advice;Works in tandem with the Canadian Net-Zero Emissions Accountability Act (CNZEAA) to ensure further accountability and consideration of the labour implications of emissions targets when developing Action Plans; andCommits the Government of Canada to regular progress reporting, ensuring Canadians can grade the performance of this government and future governments in this space.

Canadian workers and industries are building Canada’s long-term prosperity through their leadership in sectors from clean electricity to hydrogen, critical minerals, electric vehicle manufacturing, low-carbon building materials, and beyond. With the passage of the Canadian Sustainable Jobs Act, the Government of Canada firmly commits itself to support Canadian workers in seizing these historic opportunities today, while creating a more sustainable and prosperous future for generations to come.

Quotes

“Canadian workers and industries are seizing economic opportunities as we build thriving low-carbon industries and more sustainable communities. Today, as the Canadian Sustainable Jobs Act becomes law, we are strengthening accountability while ensuring that workers have a seat at the table as Canada advances toward a prosperous net-zero future.”

The Honourable Jonathan Wilkinson
Minister of Energy and Natural Resources

“Sustainability is a key part of our government’s work to fight climate change. Royal Assent for the Canadian Sustainable Jobs Act is a great step in this journey. By equipping our workforce with programs like the Sustainable Jobs Training Fund, we are making sure that workers are ready for the jobs of today and tomorrow.”

The Honourable Randy Boissonnault
Minister of Employment, Workforce Development and Official Languages

“There are so many new jobs and new opportunities in Canadian energy. Workers want in. And they want a say in their future. The Canadian Sustainable Jobs Act gives them seats at the table that they’ve long asked for.”

The Honourable Seamus O’Regan Jr.
Minister of Labour and Seniors

“Sustainable jobs are a key piece to a strong, resilient, low-carbon economy that works for everyone. Together, the Canadian Net-Zero Emissions Accountability Act and the Canadian Sustainable Jobs Act will ensure that the federal government’s job creation and skills training efforts align with Canada’s emissions targets and efforts to reach net-zero emissions by 2050 — and that workers and communities have the support they need to build a strong, low-carbon economy. In doing so, we must ensure that everyone has a real and fair chance to succeed.”

The Honourable Steven Guilbeault
Minister of Environment and Climate Change

“An historic moment for workers in this country to finally see their national government adopt an approach that recognizes the disruptive nature of major economic transitions on them and their community. The Canadian Sustainable Jobs Act is not only about mitigating the negative effects of transitioning to net zero, and a sustainable economy for affected workers and communities, but also ensuring they can capitalize on the opportunities it presents.”

Senator Hassan Yussuff
Senate of Canada

“The Canadian Sustainable Jobs Act sets a goal of protecting and creating good, unionized net-zero aligned jobs, which will support workers, their families and their communities and ensures that workers are at the table building the plan. We applaud this legislation, which was passed because of the agreement between the government and NDP. For government to meet the ambition in the Canadian Sustainable Jobs Act, they need to invest in workers and in protecting and creating sustainable jobs.”

Bea Bruske
President, Canadian Labour Congress

“Bill C-50 addresses many of our union’s key recommendations by defining a sustainable job as including trade union representation as well as a collective agreement, and includes fair income, job security, social protection, and social dialogue.”

Lana Payne
National President, Unifor

“Our members are concerned that the transition away from the carbon economy could mean they may have difficulty finding work. What this legislation does is put workers voices at the decision-making table as we navigate the transition to a cleaner, greener economy. Our members are already at work building that clean economy, from EV battery plants to wind, solar, hydroelectric and nuclear — we’re already building it green. This legislation will help ensure that no skilled trades worker is left behind.”

Sean Strickland
Executive Director, Canadian Building Trades Union

 “With the adoption of the Canadian Sustainable Jobs Act, Canada is making meaningful progress in preparing for the global economic transformation already underway. This legislation will ensure proactive planning for what is to come and that Canadian workers and communities have a seat at the decision-making table as our economy grows and diversifies. Today’s announcement must be followed up with swift and effective implementation — but for now let us celebrate this hard-fought win for labour unions, environmental groups and youth!”

Caroline Brouillette
Executive Director, Climate Action Network Canada

Quick Facts

Canada’s interim Sustainable Jobs Plan is backed by significant federal investments, including through:The Sustainable Jobs Training Fund (SJTF), which is investing over $99 million to help workers upgrade their skills and gain new skills for jobs in the low-carbon economy.Historic Clean Economy Investment Tax Credits (ITCs) in areas including in clean technology, electricity, carbon management, hydrogen, and beyond. The full value of f these credits is only accessible to those that meet certain labour requirements, including to pay workers prevailing wages and create apprenticeship opportunities. The ITCs are helping to spur the creation of good-paying, sustainable jobs across regions and sectors.Around the world, Canadian leadership in sustainable job creation is being recognized:Canada’s leadership in advancing sustainable jobs for workers was recognized in the 2024 Ministerial Communique of the International Energy Agency, following Minister Wilkinson’s high-level dialogue on people-centered transitions.The Royal Bank of Canada estimates that building a net-zero-emissions economy could create up to 400,000 new jobs in Canada by the end of this decade alone.The World Energy Employment 2023 report states that rising demand for skilled labour will be one of the primary challenges the energy sector faces in the coming decade. According to the report, the clean energy workforce is now larger than the fossil fuel workforce worldwide.

Related Information

Canadian Sustainable Jobs ActBackgrounder: Canadian Sustainable Jobs ActSustainable Jobs

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SOURCE Natural Resources Canada

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Leoguar Electric Bike Makes Christmas Unforgettable with Exclusive Holiday Offers

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HOUSTON, Dec. 25, 2024 /PRNewswire/ — As the holiday season draws near, Leoguar is excited to offer exclusive deals on their range of electric bikes, bringing families together for memorable moments. With a collection designed to combine fun and fitness, this Christmas is the perfect time to gift an unforgettable experience.

“This Christmas, we’re inviting families to rediscover the joy of outdoor exploration. Our bikes help you bond, stay active, and make the most of every moment,” said the Leoguar COO.

Leoguar’s holiday lineup offers premium e-bikes for every rider, now with unbeatable deals: 

Flippo Folding eBike: A lightweight, foldable ride perfect for urban commutes. Upgrade to the Flippo Pro for enhanced performance with a torque sensor for smoother rides.

Fastron Fat Tire eBikes: Built for rugged terrains, the Fastron features a durable, rugged build, and speeds up to 28 MPH, making it the perfect choice for adventurous riders.

Zephyr Beach Cruiser eBikes: Crafted for effortless coastal cruising, the design combines style and comfort, featuring a comfort saddle that ensures a smooth, seamless ride.

Sprint Utility eBike: A versatile, practical choice featuring a sturdy frame and passenger seat, perfect for errands or leisure.

Trailblazer EMTB: Designed for tough off-road trails, the model features a 500W mid-drive motor, offering powerful performance, extended range, and excellent climbing ability.

To make this holiday gift even sweeter, all Leoguar bikes come with free shipping and a two-year warranty for worry-free riding. Additionally, customers can join the holiday giveaway to win prizes like $59 bottle holders, or even a free e-bike!

Leoguar bikes cater to all experience levels, offering comfort and a seamless riding experience. They promote health benefits like improved fitness and stress relief while creating lasting memories on scenic rides.

“Whether it’s cruising the city streets, riding mountain trails, or relaxing by the beach, a Leoguar electric bike is the ideal Christmas gift,” the COO added. “This holiday season, choose a cycling gift that will last for years to come — there’s no better way to kick off the new year.”

To check out the full collection and take advantage of these limited-time offers, visit www.leoguarbikes.com

About Leoguar:

Leoguar is an eco-conscious e-bike brand founded by Johnny, an engineer with decades of industry expertise. Combining innovation, agility, and power, Leoguar delivers high-quality electric bikes designed for adventure, sustainability, and individuality.

Media contact: lily@leoguarbikes.com 

 

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SOURCE Leoguar Electric Bikes

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2024 Financial Oscars: Waton Securities International Honored as “Outstanding Digital Empowerment Institution” of the Year

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SHENZHEN, China, Dec. 25, 2024 /PRNewswire/ — In early December, at the 18th Huaxia Institutional Investor Annual Conference of 2024, the 18th Golden Cicada Awards were announced. Waton Securities International was awarded the “Outstanding Digital Empowerment Financial Institution of 2024” for its significant achievements in securities brokerage and fin-tech sector.

The selection for the “Outstanding Digital Empowerment Financial Institution” focused on evaluating companies based on financial performance, market competitiveness, customer recognition, digital strategy planning and implementation, digital transformation outcomes, and risk control capabilities. Particularly, it highlighted cases that have made significant strides in digital empowerment.

The evaluation also emphasized the outstanding performance of financial institutions in their own digital transformation and the sound risk control abilities demonstrated during this process, ensuring that while pursuing innovation, companies can effectively manage and control risks. Waton Securities International distinguished itself among the contenders with its sophisticated technology platform, well-defined digital strategy, substantial transformation achievements, and commendable risk control mechanisms.

Established in Hong Kong in 1989, Waton Securities International has steadily grown with a deep understanding of professional financial services and regulatory compliance. It has obtained licenses 1/4/5/9 from the Hong Kong Securities and Futures Commission, becoming a fully licensed brokerage with comprehensive financial service qualifications. Through continuous technological innovation and digital transformation, it has successfully built a one-stop brokerage cloud service platform, promoting advanced digital financial technology globally. Its pioneering SaaS product, “Broker Cloud”, allows corporate clients to independently deploy and operate high-performance digital customer information management and trading systems without their own IT teams. The solution is relatively low-cost and adaptive to industry, which is the core competitiveness of Waton Securities International.

Data reveals that of the 1,100 securities firms in Hong Kong, approximately 600 are actively trading, yet fewer than 50 have developed their own mobile applications. On a global scale, among the 30,000 securities companies, only a handful—less than 300—feature brokerage trading Apps in App stores. This underscores a significant market demand for the digital enhancement of the securities sector.

With the swift growth of technologies like generative AI LLMs, blockchain, big data, and cloud computing, the securities industry can use these tools to streamline trading strategies, assess risks more accurately, and forecast market trends. These technologies also help the industry to move towards more integrated, platform-focused, and digital operations. The main goal of technology in finance is to increase the efficiency of financial institutions. A good starting point for applying technology is to focus on financial services and build a solid technical foundation for these institutions.

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SOURCE Waton Securities

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Mega Matrix Announced that the English Version of “Getting Even: The Secret Prodigy’s Playbook” Now Streaming on FlexTV

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SINGAPORE, Dec. 25, 2024 /PRNewswire/ — The highly anticipated English adaptation of the revenge rebirth series, Getting Even: The Secret Prodigy’s Playbook, officially premiered on December 19th on FlexTV, the world-leading short drama streaming platform operated by Mega Matrix Inc. (NYSE American: MPU). The series delves into the intricacies of power struggles within the White family, chronicling the protagonist’s journey of rebirth and empowerment to rewrite her destiny.

Audrey White, the legitimate daughter of the White family, was sent abroad at a young age due to family circumstances, gradually estranging her from her kin. When she finally returns home, eager to reunite with her family, she unexpectedly becomes the target of jealousy from Ruby White, the family’s adopted daughter. Harboring deep resentment, Ruby orchestrates a kidnapping plot, culminating in a devastating fire designed to test the loyalty and affection of the White family.

Left to perish in the flames, Audrey is abandoned by her family but heroically rescued by her uncle. Miraculously, she is granted a second chance at life, returning three years prior with the power to alter her fate. Determined to expose Ruby’s schemes, rebuild her family bonds, and claim her rightful respect and happiness, Audrey embarks on a journey of resilience and redemption.

FlexTV, operated by MPU, is a global leader in short drama streaming, delivering content in over 100 countries in multiple languages, including English, Japanese, Korean, Portuguese, Spanish, French, and Arabic. Known for its premium-quality dramas and unparalleled user experience, FlexTV has captured the hearts of audiences worldwide. The English version of Getting Even: The Secret Prodigy’s Playbook, now streaming on FlexTV, offers a compelling exploration of familial power dynamics, the complexities of human nature, and the protagonist’s growth and self-redemption in adversity. For more exciting content, please visit https://www.flextv.cc/.

#WealthyFamily #Revenge #Rebirth #ShortDrama #FlexTV #MPU

About Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU) is a holding company and operates FlexTV, a short-video streaming platform and producer of short dramas, through its subsidiary, Yuder Pte, Ltd.. Mega Matrix Inc. is a Cayman Island corporation headquartered in Singapore. For more information, please contact info@megamatrix.io or visit: http://www.megamatrix.io.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate future acquisitions; ability to grow and expand our FlexTV business; ability to execute the strategic cooperation with TopReels, ability to obtain additional financing in the future to fund capital expenditures; ability to establish the investment fund with 9 Yards Communications under the memorandum of understanding; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company’s profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company’s new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company’s future results of operations are subject to additional risks and uncertainties set forth under the “Risk Factors” in documents filed by the Company’s predecessor, Mega Matrix Corp., with the Securities and Exchange Commission, including the Company’s latest annual report on Form 10-K, as amended, and are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the Company’s inability to predict or control bankruptcy proceedings and the uncertainties surrounding the ability to generate cash proceeds through the sale or other monetization of the Company’s assets. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Disclosure Channels

We announce material information about the Company and its services and for complying with our disclosure obligation under Regulation FD via the following social media channels:

The Company will also use its landing page on its corporate website (www.megamatrix.io) to host social media disclosures and/or links to/from such disclosures. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our website, press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our website.

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SOURCE Mega Matrix Corp.

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