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The Government of Canada Announces Funding for Emissions Reduction Alberta Through the Green Industrial Facilities and Manufacturing Program

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CALGARY, AB, Oct. 17, 2024 /CNW/ – The Government of Canada is committed to maximizing energy performance and reducing greenhouse gas emissions while helping industry gain a competitive edge.  

Today, the Honourable Jonathan Wilkinson announced a federal investment of $40 million from the Green Industrial Facilities and Manufacturing Program (GIFMP) to Emissions Reduction Alberta. This funding will help to develop and manage a province-wide program for industry to become more cost- and energy-efficient.

Funding will support Emissions Reduction Alberta’s $50-Million Strategic Energy Management for Industry (SEMI) program, which will provide industrial and manufacturing facilities with expertise and training in energy management.  Industrial participants will be given the opportunity to increase profitability by reducing energy costs and to take advantage of funding to help cover the cost of capital retrofits for industrial process equipment. An additional $10 million was invested by the Government of Alberta for Emissions Reduction Alberta’s Strategic Energy Management for Industry program.   

As Canada advances toward a net-zero future, investments like these are key to minimizing emissions while maximizing industry competitiveness. Today’s investment supports workers and industry in Alberta on the road toward a prosperous and clean future.

Quotes

“Energy efficiency means cost savings for Canadian business. Supporting Canadian industrial facilities with their efficiency targets is a necessary step toward improving competitiveness in the global economy. We are pleased to play a part in launching Emissions Reduction Alberta’s innovative Strategic Energy Management for Industry (SEMI) program, which helps strengthen the knowledge and expertise that Alberta industries need to keep energy-efficient and competitive. Through investments like the $40 million we are providing for SEMI, the federal government is helping provinces, territories and industry in their goal to seize the financial opportunities of a clean economy.”

The Honourable Jonathan Wilkinson
Minister of Energy and Natural Resources

“Improving the efficiency of industrial and manufacturing processes and facilities is the quickest, most cost-effective way to lower energy bills and stay competitive. But it takes knowledge, expertise, training and capital. With SEMI, Alberta companies now have even more opportunity to invest in energy- and cost-saving technologies, right here in the province.” 

Justin Riemer
CEO, Emissions Reduction Alberta  

“ERA’s SEMI program represents a pivotal opportunity for industry to further our collective mission of enhancing environmental performance and operational efficiency. By providing the necessary financial support, this program will enable companies to invest in advanced technologies and practices that significantly reduce emissions and improve efficiency and energy management solutions to contribute to a more sustainable future.” 

Grant Wilde
Board Chair, Spartan Controls and BlueMarvelValidator  

“Reducing greenhouse emissions through energy efficiency is a powerful way industries can make a mark on reducing their carbon footprint while reducing energy costs. The SEMI program is an ideal opportunity for industries seeking to decarbonize through energy management and retrofits. At Lafarge, we have benefited from long standing support from ERA, and we are excited to see new opportunities put forward in energy management and conservation.” 

Stephanie Voysey
Head of Sustainability and Environment, Lafarge, Western Canada 

Quick Facts

Canada’s industrial sectors represented about 3,650 petajoules (PJ), or more than 40 percent, of Canada’s total energy use in 2021.

Related Information

Green Industrial Facilities and Manufacturing ProgramEmissions Reduction Alberta – SEMI program

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SOURCE Natural Resources Canada

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Stoneridge, Inc. To Broadcast Its Third Quarter 2024 Conference Call On The Web

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October 17, 2024

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NOVI, Mich., Oct. 17, 2024 /PRNewswire/ — Stoneridge, Inc. (NYSE: SRI) will webcast its third quarter 2024 earnings conference call live on Thursday, October 31, 2024, at 9:00 a.m. ET with president and chief executive officer, Jim Zizelman, and chief financial officer, Matt Horvath.

The webcast can be accessed on the Presentations & Events page of the Investors section of the Company’s website, www.stoneridge.com. 

Stoneridge, Inc., headquartered in Novi, Michigan, is a global designer and manufacturer of highly engineered electrical and electronic systems, components and modules for the automotive, commercial, off-highway and agricultural vehicle markets. Additional information about Stoneridge can be found at www.stoneridge.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/stoneridge-inc-to-broadcast-its-third-quarter-2024-conference-call-on-the-web-302279579.html

SOURCE Stoneridge, Inc.

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Baylin Technologies Announces Deployment of Multibeam Antennas for Upcoming High-Profile Events at Rogers Stadium, Toronto and BC Place, Vancouver

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October 17, 2024

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TORONTO, Oct. 17, 2024 /CNW/ – Baylin Technologies Inc. (TSX: BYL) (the “Company”) is pleased to announce that its multibeam antennas have been selected for deployment for National Events at both Rogers Stadium, Toronto and BC Place, Vancouver.

The Galtronics multibeam antennas will provide coverage for several upcoming high-profile events, including Taylor Swift concerts in Toronto and Vancouver in November and December of this year.

“Antenna performance is increasingly important at stadiums. With the right connectivity, venue operators elevate the fan experience. Event attendees now expect the stadium experience to allow them to post to social media during the event, and video streaming capabilities are mandatory, not optional.” said Leighton Carroll, Baylin’s CEO.

Baylin’s patented multibeam antennas have now been sold and deployed by all three national carriers in Canada, all three national carriers in the USA and both national carriers in Mexico.

About Baylin

Baylin is a leading diversified global wireless technology company. Baylin focuses on research, design, development, manufacturing and sales of passive and active radio-frequency products, satellite communications products, and supporting services. Baylin aspires to exceed its customers’ needs and anticipate the direction of the market. For further information, please visit www.baylintech.com.

Forward Looking Statements

This press release includes forward-looking information and forward-looking statements (together, “forward-looking statements”) within the meaning of applicable securities laws. Forward-looking statements are not statements of historical fact. Rather, they are disclosure regarding conditions, developments, events or financial performance that we expect or anticipate may or will occur in the future, including, among other things, information or statements concerning our objectives and strategies to achieve those objectives, statements with respect to management’s beliefs, estimates, intentions and plans, and statements concerning anticipated future circumstances, events, expectations, operations, performance or results. Forward-looking statements can be identified generally by the use of forward looking terminology, such as “anticipate”, “believe”, “could” “should”, “would”, “estimate”, “expect”, “forecast”, “indicate”, “intend”, “likely, “may”, “outlook”, “plan”, “potential”, “project”, “seek”, “target”, “trend” or “will”, or the negative or other variations of these words or other comparable words or phrases, and are intended to identify forward-looking  statements, although not all forward-looking statements contain these words.

The forward-looking statements in this press release include statements regarding the quality and performance of the multibeam antennas. Forward-looking statements are based on certain assumptions and estimates made by us in light of the experience and perception of historical trends, current conditions, expected future developments, including projected growth and sales in passive and active radio frequency and terrestrial microwave products and services, and other factors we believe are appropriate and reasonable in the circumstances, but there can be no assurance that such assumptions and estimates will prove to be correct.

Many factors could cause our actual results, level of activity, performance or achievements or future events or developments to differ materially from those expressed or implied by the forward-looking statements, including the risk factors discussed in the Company’s most recent Annual Information Form, which is available on the Company’s profile on SEDAR+ at www.sedarplus.ca. All the forward-looking statements in this press release are qualified by these cautionary statements and other cautionary statements or factors in this press release. There can be no assurance that the actual results or developments will be realized or, even if substantially realized, will have the expected consequences to, or effects on, the Company. Unless required by applicable securities law, the Company does not intend and does not assume any obligation to update these forward-looking statements.

SOURCE Baylin Technologies Inc.

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DFIN to Announce Third-Quarter Results and Host Investor Conference Call on October 31, 2024

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October 17, 2024

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CHICAGO, Oct. 17, 2024 /PRNewswire/ — Donnelley Financial Solutions (NYSE: DFIN) will hold a conference call and webcast on Thursday, October 31, 2024, at 9:00 a.m. Eastern time to discuss its third-quarter fiscal year 2024 financial results, provide a general business update and respond to analyst questions.

A live webcast of the call will also be available on the Company’s investor relations website. Please visit investor.dfinsolutions.com at least fifteen minutes prior to the start of the event to register, download and install any necessary audio software.

If you are unable to participate live, a replay of the webcast will be available following the conference call on the Company’s investor relations website, along with the earnings press release, and related financial tables.

DFIN’s financial report for the third quarter will be released before the market opens on Thursday, October 31, 2024 via a filing with the SEC on Form 8-K and will also be posted on the Company’s investor relations website.

About Donnelley Financial Solutions (DFIN)
DFIN is a leading global provider of innovative software and technology-enabled financial regulatory and compliance solutions. We provide domain expertise, enterprise software and data analytics for every stage of our clients’ business and investment lifecycles. Markets fluctuate, regulations evolve, technology advances, and through it all, DFIN delivers confidence with the right solutions in moments that matter. Learn about DFIN’s end-to-end risk and compliance solutions online at DFINsolutions.com or you can also follow us on X (formerly Twitter) @DFINSolutions or on LinkedIn.

View original content to download multimedia:https://www.prnewswire.com/news-releases/dfin-to-announce-third-quarter-results-and-host-investor-conference-call-on-october-31-2024-302279606.html

SOURCE Donnelley Financial LLC

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