First Provincial Marketing Organization to Sign the Sustainable Tourism 2030 Pledge and Pursue GreenStep Certification

TORONTO, Nov. 28, 2024 /CNW/ – Destination Ontario has become the first provincial marketing organization to sign the Sustainable Tourism 2030 Pledge and pursue GreenStep Solutions’ globally recognized organizational certification, guided by the United Nations Sustainable Development Goals.

The Sustainable Tourism 2030 Pledge reflects Destination Ontario’s commitment to improving sustainability performance annually through 2030. This milestone represents a significant step toward building a more sustainable and responsible tourism industry in Ontario, ensuring that the province remains a top destination while reducing its environmental impact.

“We are honoured to take this important step forward in our sustainability journey,” shared Vincenza Ronaldi, President and CEO of Destination Ontario. “Sustainability is essential to the future of tourism in Ontario, and we are proud to lead by example in aligning our operations with global best practices. Through the Sustainable Tourism 2030 Pledge and the pursuit of GreenStep certification, we are not only enhancing our organizational efforts but also encouraging our industry partners to join us in creating a more sustainable future for Ontario tourism.”

As a long-standing advocate for sustainable practices, the Tourism Industry Association of Ontario (TIAO) has partnered with GreenStep Solutions to deliver sustainable tourism certification programs to businesses in Ontario. Together, TIAO and Destination Ontario are championing sustainability as a foundational element of Ontario’s tourism sector.

Andrew Siegwart, President and CEO of TIAO, expressed his support for Destination Ontario’s leadership as the first provincial marketing organization to embark on the GreenStep Sustainable Tourism certification. 

“We appreciate the purposeful dedication towards a sustainable tourism future as an organization, as communicators and educators of Ontario as a place to discover,” stated Siegwart. “Thank you to our valued partner, GreenStep Solutions, for their expertise and guidance throughout this process. As we continue this forward motion of learning, respecting our land and each other – we continue to commit to advocating, sharing, and providing resources to advance sustainable tourism within Ontario.” 

Angela Nagy, President and CEO of GreenStep Solutions, shared her enthusiasm for Destination Ontario’s commitment to sustainability.

“I’m excited to see that Destination Ontario, Ontario’s Provincial Marketing Organization, has signed the Sustainable Tourism 2030 Pledge and will be going through our sustainable tourism business certification, making an important contribution to the Tourism Industry Association of Ontario’s efforts to ensure that the province is the destination most committed to sustainability in Canada,” stated Nagy. “Leadership comes in many forms, and the Destination Ontario team is joining sustainability trailblazers from across Ontario in its efforts to measure and improve its performance.”

By pursuing GreenStep certification and signing the Sustainable Tourism 2030 Pledge, Destination Ontario sets a precedent for provincial marketing organizations across Canada to embrace sustainability as a core value. The organization looks forward to collaborating with partners, destinations, and stakeholders to make meaningful progress toward a more sustainable tourism landscape.

For more information about Destination Ontario’s Sustainable Tourism 2030 Pledge, visit: https://www.destinationontario.com/en-ca/corporate/sustainable-tourism

About Destination Ontario:

Destination Ontario is the lead tourism marketing organization for Ontario, Canada. We market Ontario to travel consumers within Ontario, Canada and around the world. We inspire travellers to make Ontario a must-see destination on their travel list and to return to the beauty of Ontario again and again. Our goal is to generate increased visitation, enhance tourism expenditures in Ontario, and contribute to provincial economic prosperity through impactful marketing and results-oriented investment partnerships. Established in 1999, Destination Ontario is an agency of the Government of Ontario’s Ministry of Tourism, Culture and Gaming.

www.destinationontario.com

About Tourism Industry Association of Ontario (TIAO):

The Tourism Industry Association of Ontario (TIAO) represents the voice of tourism in the province, advocating for the interests of its diverse industry membership and working with stakeholders to promote growth and create a favorable business environment. 
www.tiaontario.ca  

About GreenStep Solutions Inc.:

Founded in 2008, GreenStep assists Canadian tourism businesses and destinations through consulting, training and its Global Sustainable Tourism Council recognized sustainable tourism certifications. GreenStep helps tourism businesses and organizations identify opportunities to increase sustainability while at the same time saving money and improving credibility, helping to meet the growing consumer and stakeholder demand for more responsible tourism practices and experiences. https://greenstep.ca/

SOURCE Destination Ontario

Balancing Technology and Tradition: Why Human Security Guards Remain Essential for Construction Site Safety

HOLLYWOOD, Fla., Nov. 28, 2024 /PRNewswire/ — Construction sites are bustling hubs of activity, but they are also prime targets for theft, vandalism, and other criminal acts. Fast Guard Service, the nation’s trusted name in on-call security guard services, is shedding light on the critical role security plays in safeguarding construction sites and meeting insurance requirements.

From event security to fire watch, armed security for employee terminations, and unarmed protection for remote sites in mountains or deserts, Fast Guard Service has earned a reputation as America’s go-to provider for security solutions. With the rise of technology, many businesses are weighing the effectiveness of on-site security guards against remote-monitored camera systems and AI-driven solutions.

Security Beyond the Camera Lens

While remotely monitored camera systems have become a popular option across the U.S., the question remains: Can they replace physical security guards? “In my opinion, no—not in the very near future,” said a Roderick Payne Jr for Fast Guard Service.

“Security isn’t just about surveillance; it’s about human intuition, proactive deterrence, and hospitality-driven interactions that no AI or camera can replicate. There’s no camera system that has ever apprehended a criminal based on a gut feeling or provided the visual deterrent that a physical armed guard can offer—something they’ve been doing for over 100 years.”

Balancing Technology with Human Expertise

Fast Guard Service offers both remote-monitored solutions and physical guards, giving businesses flexibility. However, they emphasize the importance of continuing to train and employ skilled security professionals. “Good security won’t come cheap, and cheap security won’t be good,” the spokesperson added, quoting one of their favorite entrepreneurial insights.

While remote monitoring systems may seem like a cost-effective solution upfront, Fast Guard Service advises business owners to carefully consider their long-term value. “Cameras can watch, but only trained guards can act in real-time, delivering the humanistic and proactive approach needed to truly protect your assets.”

Meeting Insurance Requirements and Ensuring Safety

Construction sites are often required by insurers to implement robust security measures. Whether it’s preventing theft of expensive materials, mitigating liability, or reducing the risk of vandalism, hiring professional security services can lower premiums and keep projects on track. Fast Guard Service’s extensive experience across diverse industries ensures their clients receive tailored solutions to meet these demands.

About Fast Guard Service

Fast Guard Service is a leading provider of professional security solutions, offering nationwide on-demand services tailored to meet the unique needs of businesses and individuals. With over two decades of experience, the company specializes in event security, fire watch, armed and unarmed guards, and remote site protection. Known for its rapid deployment capabilities and commitment to excellence, Fast Guard Service is the trusted choice for safeguarding assets, ensuring safety, and providing peace of mind. To learn more, visit FastGuardService.com.

This press release was issued through 24-7PressRelease.com. For further information, visit http://www.24-7pressrelease.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/why-your-construction-site-needs-security-insurance-requirements-and-beyond-302318069.html

SOURCE Fast Guard Service

$120-125 million Q2 FY2025 guidance range for revenue versus $110 million in Q2 FY20246-10% expected Organic Revenue Growth1,3 rate in Q2 FY2025 versus 2.8% in Q2 FY2024Results are trending for the Company’s best quarterly revenue1 performance ever – clear proof that management’s value creation plan is working

TORONTO, Nov. 28, 2024 /CNW/ – Dye & Durham Limited (“Dye & Durham” or the “Company”) (TSX: DND) today provided second quarter fiscal 2025 (“Q2 FY2025”) guidance, forecasting its best quarter to date.

Based on the continued success of the Company’s organic growth initiatives, management is pleased to provide Q2 FY2025 revenue guidance of $120-125 million. Management also expects to report an Organic Revenue Growth Rate3 of 6-10% for Q2 FY2025.

“Dye & Durham is delivering on its commitment to investors and generating impressive and record-setting results. The management team’s strategy has worked to transition our revenue model to a more predictable contracted revenue, and to capitalize on organic growth opportunities such as cross-selling,” said Matthew Proud, CEO of Dye & Durham.

“While the events of the past few quarters have imposed an unnecessary distraction on our business, our team has remained focused on executing against our Value Creation Plan, which can be seen in the $50 million annual revenue growth we have delivered on. Our financial profile underscores the strength of our strategy and the quality of our board of directors and management team,” continued Mr. Proud.

Investor Briefing Event

The Company will also host an Investor Briefing event (the “Briefing”) on the afternoon of December 10, 2024, to provide shareholders with an update on the Company’s progress and strategic execution of its recently published ‘Value Creation Plan’. The Briefing will also include a question and answer session. Investors are invited to attend in person or access the Briefing from the Events section on the Investors page of its website.

Details on the Value Creation Plan, which is focused on continuing to drive driving sustainable long-term value for all stakeholders, can be found in the Investors section of the Company’s website and on SEDAR+ under the Company’s profile at www.sedarplus.ca.

About Dye & Durham Limited

Dye & Durham Limited provides premier practice management solutions empowering legal professionals every day, delivers vital data insights to support critical corporate transactions and enables the essential payments infrastructure trusted by government and financial institutions. The company has operations in Canada, the United Kingdom, Ireland, and Australia.

Additional information can be found at www.dyedurham.com.

Non-IFRS Measures

This press release makes reference to Organic Revenue Growth Rate, which is a non-IFRS measure. This is not a recognized measure under IFRS, does not have a standardized meaning prescribed by IFRS and is therefore unlikely to be comparable to similar measures presented by other companies.

Rather, this measure is provided as additional information to complement those IFRS measures by providing further understanding of the Company’s results of operations from management’s perspective and to discuss Dye & Durham’s financial outlook. The Company’s definitions of non-IFRS measures may not be the same as the definitions for such measures used by other companies in their reporting. Non-IFRS measures have limitations as analytical tools. Accordingly, these measures should not be considered in isolation nor as a substitute for analysis of Dye & Durham’s financial information reported under IFRS. The Company uses non-IFRS measures, including “Organic Revenue Growth Rate” (as defined below), to provide investors with supplemental measures of its operating performance and to eliminate items that have less bearing on operating performance or operating conditions and thus highlight trends in its core business that may not otherwise be apparent when relying solely on IFRS financial measures. The Company’s management also uses non-IFRS financial measures in order to facilitate operating performance comparisons from period to period. The Company believes that securities analysts, investors, and other interested parties frequently use non-IFRS financial measures in the evaluation of issues.

Please see “Cautionary Note Regarding Non-IFRS Measures” and “Select Information and Reconciliation of Non-IFRS Measures” in the Company’s most recent Management’s Discussion and Analysis, which is available on the Company’s profile on SEDAR+ at www.sedarplus.ca, for further details on certain non-IFRS measures.

Organic Revenue Growth Rate

“Organic Revenue Growth Rate” means total revenue in the current quarter period (excluding the pre-acquisition quarterly revenue of those acquisitions executed in the last twelve month period and discontinued businesses) (“Organic Revenue”) divided by the total revenue in the prior quarter period (excluding TM Group, pre-acquisition quarterly revenue and discontinued businesses). Organic Revenue, which is a non-IFRS measure, is used as a component in Organic Revenue Growth Rate. Below is a reconciliation of the Company’s Q2 FY2025 Organic Growth Rate.

Forward-looking Statements

This press release may contain forward-looking information and forward-looking statements within the meaning of applicable securities laws, which reflects the Company’s current expectations regarding future events, including with respect to the Company’s financial outlook and expected Q2 FY2025 revenue and Organic Revenue Growth Rate. In some cases, but not necessarily in all cases, forward-looking statements can be identified by the use of forward looking terminology such as “plans”, “targets”, “expects” or “does not expect”, “is expected”, “an opportunity exists”, “is positioned”, “estimates”, “intends”, “assumes”, “anticipates” or “does not anticipate” or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might”, “will” or “will be taken”, “occur” or “be achieved”. In addition, any statements that refer to guidance, expectations, projections or other characterizations of future events or circumstances contain forward-looking statements. Forward-looking statements are not historical facts, nor guarantees or assurances of future performance but instead represent management’s current beliefs, expectations, estimates and projections regarding future events and operating performance.

Specifically, statements regarding Dye & Durham’s expectations of future results, including its expected Q2 FY2025 revenue and Organic Revenue Growth Rate, performance, prospects, the markets in which we operate, or about any future intention with regard to its business, acquisition strategies and debt reduction strategy are forward-looking information. The foregoing demonstrates Dye & Durham’s objectives, which are not forecasts or estimates of its financial position, but are based on the implementation of its strategic goals, growth prospectus, and growth initiatives. The forward-looking information is based on management’s opinions, estimates and assumptions, including, but not limited to: (i) the Company’s results of operations will continue as expected, (ii) the Company will continue to effectively execute against its key strategic growth priorities, (iii) the Company will continue to retain and grow its existing customer base and market share, (iv) the Company will be able to take advantage of future prospects and opportunities, and realize on synergies, including with respect of acquisitions, (v) there will be no changes in legislative or regulatory matters that negatively impact the Company’s business, (vi) current tax laws will remain in effect and will not be materially changed, (vii) economic conditions will remain relatively stable throughout the period, (viii) the industries the Company operates in will continue to grow consistent with past experience, (ix) exchange rates being approximately consistent with current levels, * the seasonal trends in real estate transaction volume will continue as expected, (xi) the Company’s expectations for increases to the average rate per user on its platforms, contractual revenues, and incremental earnings from its latest asset-based acquisition will be met, (xii) the Company being able to effectively upsell and cross-sell between practice management and data insights & due diligence customers, (xiii) the Company’s expectations regarding its debt reduction strategy will be met, and (xiv) those assumptions described under the heading “Caution Regarding Forward-Looking Information” in the Company’s most recent Management’s Discussion and Analysis.

While these opinions, estimates and assumptions are considered by Dye & Durham to be appropriate and reasonable in the circumstances as of the date of this press release, they are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to: the Company will be unable to effectively execute against its key strategic growth priorities, including in respect of acquisitions; the Company will be unable to continue to retain and grow its existing customer base and market share; risks related to the Company’s business and financial position; the Company may not be able to accurately predict its rate of growth and profitability; risks related to economic and political uncertainty; income tax related risks; and the factors discussed under “Risk Factors” in the Company’s most recent Annual Information Form and under the heading “Risks and Uncertainties” in the Company’s most recent Management’s Discussion and Analysis, which are available on the Company’s profile on SEDAR+ at www.sedarplus.ca.

If any of these risks or uncertainties materialize, or if the opinions, estimates or assumptions underlying the forward-looking information prove incorrect, actual results or future events might vary materially from those anticipated in the forward-looking information. Although the Company has attempted to identify important risk factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other risk factors not presently known to the Company or that the Company presently believes are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking information.

Although the Company bases these forward-looking statements on assumptions that it believes are reasonable when made, the Company cautions investors that forward-looking statements are not guarantees of future performance and that its actual results of operations, financial condition and liquidity and the development of the industry in which it operates may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if the Company’s results of operations, financial condition and liquidity and the development of the industry in which it operates are consistent with the forward-looking statements contained in this press release, those results of developments may not be indicative of results or developments in subsequent periods.

There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. No forward-looking statement is a guarantee of future results. Accordingly, you should not place undue reliance on forward-looking information, which speaks only as of the date made. The forward-looking information contained in this press release represents Dye & Durham’s expectations as of the date specified herein, and are subject to change after such date. However, the Company disclaims any intention or obligation or undertaking to update or revise any forward-looking information or to publicly announce the results of any revisions to any of those statements, whether as a result of new information, future events or otherwise, except as required under applicable securities laws. Comparisons of results for current and any prior periods are not intended to express any future trends or indications of future performance, unless specifically expressed as such, and should only be viewed as historical data.

All of the forward-looking information contained in this press release is expressly qualified by the foregoing cautionary statements.

SOURCE Dye & Durham Limited