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Active and public transportation infrastructure upgrades underway for communities throughout Alberta

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RED DEER, AB, June 26, 2024 /CNW/ – Local infrastructure upgrades are coming to over 50 communities across Alberta through 48 active and rural public transportation projects after a combined investment of more than $60 million from the federal government and recipients.

This was announced by Minister Randy Boissonnault and the Mayor of Red Deer, Ken Johnston.

The City of Red Deer will rehabilitate the Canadian Pacific Railway Bridge, a significant historical landmark which is used as a main active transportation corridor. It is the only dedicated river crossing near the greater downtown and Riverside Meadows. This crossing also benefits more vulnerable communities by providing direct access to social supports located on either side of the bridge.

The Bow Valley region of Banff, Canmore, and Lake Louise will benefit from three new accessible electric transit buses and a charging station, which will improve traffic flow for commuters and visitors to this busy area in the National park. Similarly, in areas such as Cochrane, Rocky View County, and Medicine Hat, the upgrades or enhancements of transit vehicles will benefit the surrounding communities.

Other rural and Indigenous communities receiving funding will benefit from improvements to existing pathway systems and crosswalk infrastructure. Funding will also support better public transit services with new energy-efficient and accessible vehicles, upgraded equipment and improvements to bus stops, and rural transit planning studies and routes.

The details of each project can be found in the accompanying backgrounder.

Quotes

“As communities in Alberta continue to grow, it is vital to have active and rural public transportation infrastructure that meets their evolving needs. Our government’s investment will encourage Albertans to be active and healthy and contribute to a cleaner environment, creating more resilient and stronger communities for everyone.”

The Honourable Randy Boissonnault, Minister of Employment, Workforce Development and Official Languages, on behalf of the Honourable Sean Fraser, Minister of Housing, Infrastructure and Communities

“This investment from the federal government means more than just upgrading infrastructure; it signifies a commitment to the well-being and safety of our community. Rehabilitating the Canadian Pacific Railway bridge not only preserves a significant historical landmark but also enhances connectivity, revitalizes our downtown, and ensures access to essential services for all residents, including those most vulnerable. Together, we are building a stronger, more inclusive Red Deer.”

His Worship Ken Johnston, Mayor of the City of Red Deer

“Thanks to the support of the Rural Transit Solutions fund, we are thrilled to be able to further expand our zero-emission fleet through the purchase of additional electric buses. Operating Roam Transit services within and around Banff National Park, environmental stewardship is paramount to us and our partner communities. Embracing advanced technologies to reduce emissions underscores our commitment to sustainable transit. Adding additional electric buses marks a pivotal moment in our transition, enhancing our journey to lowering emissions, and moving us towards a greener future”.

Martin Bean, CEO, Bow Valley Regional Transit Services Commission

Quick Facts

The federal government is investing a total of $36,301,698 through the Active Transportation Fund (ATF), the Rural Transit Solutions Fund (RTSF) and the Public Transit Infrastructure Stream (PTIS) of the Investing in Canada Infrastructure Program (ICIP). The ATF is providing $18,438,784 of this investment for 31 projects, $15,193,328 of this investment is through RTSF in support of 15 projects, and $2,669,586 is through PTIS for two projects. Municipalities and associated funding partners are contributing a total of $24,892,275 to their respective projects.Since 2015, the federal government has committed over $30 billion for public transit and active transportation projects. These historic investments have resulted in close to 2000 projects across the country.Federal funding is conditional on fulfilling all requirements related to consultation with Indigenous groups and environmental assessment obligations.

Active Transportation Fund:

Active transportation refers to the movement of people or goods powered by human activity. It includes walking, cycling and the use of human-powered or hybrid mobility aids such as wheelchairs, scooters, e-bikes, rollerblades, snowshoes, cross-country skis, and more.In support of Canada’s National Active Transportation Strategy, the Active Transportation Fund is providing $400 million over five years, starting in 2021, to make travel by active transportation easier, safer, more convenient, and more enjoyable.The National Active Transportation Strategy is the country’s first coast-to-coast-to-coast strategic approach for promoting active transportation and its benefits. The strategy’s aim is to make data-driven and evidence-based investments to build new and expanded active transportation networks, while supporting equitable, healthy, active, and sustainable travel options.

Rural Transit Solutions Fund:

The RTSF helps Canadians living in rural and remote areas get around their communities more easily. It supports the development of rural transit solutions, including new transit service models that could be replicated or scaled up.A minimum of 10% of RTSF’s funding envelope is allocated to projects that benefit Indigenous populations and communities.RTSF’s Planning and Design Projects continuous intake remains open. Through this stream, eligible applicants can receive a grant up to $50,000 in support of a communities’ projects to plan and design a new or expanded transit solution for their communities. Some examples of eligible planning and design projects are assessment of routes and modes of travel, feasibility studies, public and stakeholder engagement and surveys.The RTSF complements Canada’s strengthened climate plan: A Healthy Environment and a Healthy Economy. Through the plan the federal government has committed to providing federal funding for public transit in support of making clean and affordable transportation available in every community.

Public Transit Infrastructure Stream (Investing in Canada Infrastructure Program)

This stream supports the building, expansion, and upgrading of urban and rural transit networks.Including today’s announcement, eighteen infrastructure projects under the Public Transit Infrastructure Stream have been announced in Alberta, with a total federal contribution of more than $1.97 billion and a total provincial contribution of more than $2.03 billion.In 2021, the government announced significant public transit funding that includes billions in support for zero emission buses, rural transit solution, active transportation, and support for major projects to accelerate the expansion of large urban transit systems that many Canadians depend on every day.Averaging $3 billion a year, this predictable and flexible public transit funding will respond to local needs by enhancing integrated planning, improving access to public transit and active transportation, and by supporting the development of more affordable, sustainable, and inclusive communities.On December 18, 2023, the federal government launched the Framework to Build a Green Prairie Economy, which highlights the need for a collaborative, region-specific approach to sustainability, focusing on strengthening the coordination of federal programs, and initiatives with significant investments. This Framework is a first step in a journey that will bring together multiple stakeholders. PrairiesCan, the federal department that diversifies the economy across the Canadian prairies, has dedicated $100 million over three years to support projects aligned with priority areas identified by Prairie stakeholders to build a stronger, more sustainable, and inclusive economy for the Prairie provinces and Canada.Infrastructure Canada is supporting the Framework to Build a Green Prairie Economy to encourage greater collaboration on investment opportunities, leverage additional funding, and attract new investments across the Prairies that better meet their needs. 

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Backgrounder: Active and public transportation infrastructure upgrades are underway for communities throughout Alberta

Associated Links

Active Transportation Fund
https://www.infrastructure.gc.ca/trans/index-eng.html 

National Active Transportation Strategy
https://www.infrastructure.gc.ca/trans/active-strat-actif-eng.html

Rural Transit Solutions Fund
https://www.infrastructure.gc.ca/rural-trans-rural/index-eng.html 

Investing in Canada: Canada’s Long-Term Infrastructure Plan
https://www.infrastructure.gc.ca/plan/icp-publication-pic-eng.html

Public Transit Infrastructure Stream
https://www.infrastructure.gc.ca/plan/pti-itc-eng.html

Strengthened Climate Plan
https://www.canada.ca/en/services/environment/weather/climatechange/climate-plan/climate-plan-overview.html 

Federal infrastructure investments in Alberta
https://www.infrastructure.gc.ca/plan/prog-proj-ab-eng.html

Building a Green Prairie Economy Act
https://laws.justice.gc.ca/eng/acts/B-9.88/page-1.html

Building a Green Prairie Economy
https://www.canada.ca/en/prairies-economic-development/programs/green-prairie-economy.html 

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SOURCE Infrastructure 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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