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New Investments to Help Yukoners Reduce Energy Costs and Stay Warm

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WHITEHORSE, YT, Dec. 19, 2024 /CNW/ – Yukon residents know how to live with Arctic outdoor temperatures, but indoors they need good heating systems to live comfortably and affordably in extreme weather.

Today, Member of Parliament Brendan Hanley,  on behalf of the Honourable Jonathan Wilkinson and the Honourable Steven Guilbeault, announced a federal investment of $1.4 million from the Oil to Heat Pump Affordability program (OHPA) and approximately $287,000 from Canada’s Low Carbon Economy Fund (LCEF) to support climate action in the Yukon and help low-to-median-income homeowners reduce their energy costs. He was joined by John Streicker, Yukon Minister for Energy, Mines and Resources, who announced an additional $700,000 in territorial funding toward this initiative.

As part of the Oil to Heat Pump Affordability program, low- and median-income Yukon homeowners could receive a rebate of up to $24,000 plus an upfront payment of $250 to add high-efficiency heat pumps in homes currently heated with oil. Low- to median-income Yukon residents who own homes heated with other energy types such as propane, wood or electric baseboards could also be eligible for cold-climate heat pump rebates funded by the Yukon Government and the LCEF.

The federal government also has OHPA program co-delivery arrangements in place with British Columbia, Newfoundland and Labrador, Nova Scotia and Prince Edward Island. Active discussions are underway with other provinces and territories to deliver new, strengthened OHPA co-delivery agreements to make heat pumps even more affordable for Canadians across the country. In jurisdictions without co-delivery arrangements, oil-heated households can continue to apply to the national program to receive up to $10,000 in federal OHPA funding for switching to electric heat pumps.

Together, we can take steps to reduce energy usage and bills, help Canadians maintain safe and comfortable indoor temperatures, reduce their carbon emissions and help to protect our homes from the increasingly harmful effects of climate change — all while creating good-paying, sustainable jobs.

Quotes

“Making the switch to more energy-efficient heating systems can help Canadians save thousands on their energy bills, reduce their energy use and decrease their carbon footprint. That’s why we are strengthening the Oil to Heat Pump Affordability program and ensuring that families in the Yukon are supported in making the switch from heating oil to an efficient heat pump.”

The Honourable Jonathan Wilkinson
Minister of Energy and Natural Resources

“Yukoners face some of the coldest temperatures in Canada and need reliable, affordable heating systems to stay warm. This is now truer than ever as climate change is making our weather increasingly unpredictable. Heat pumps are an efficient way to heat homes while reducing emissions, protecting the environment and helping Canadians save on their utility bills. That’s why we are investing in programs like this that support the transition and get us closer to our emission reduction goals.”

The Honourable Steven Guilbeault
Minister of Environment and Climate Change

“Transitioning to energy-efficient heating systems offers Canadians and Yukoners the opportunity to save money on more-efficient home energy systems. The Oil to Heat Pump Affordability program will ensure that families in the Yukon receive the necessary support to switch from heating oil to efficient heat pumps, which will benefit local installers and businesses while also helping ease northern Canada’s pathway to home heating that is less expensive and more environmentally friendly.”

Brendan Hanley
Member of Parliament for Yukon

“Our government believes that we can save money and our planet at the same time. Through Our Clean Future, our government committed to helping Yukoners transition from fossil fuels to smart electric heating systems like heat pumps. I’m pleased that these new investments will help make life more affordable for Yukoners while reducing our territory’s greenhouse gas emissions.”

The Honourable John Streicker
Yukon Minister of Energy, Mines and Resources

Quick facts

The Oil to Heat Pump Affordability program was first introduced in November 2022 as a $250-million investment in a new stream within the Canada Greener Homes Initiative. On February 22, 2023, the program was opened to pre-registration and was fully launched in late March 2023, with the first grants being issued shortly thereafter.Introduced in October 2023, the federal government announced working with provinces and territories on co-delivery agreements including:A strengthened OHPA program that will partner with provinces and territories to increase federal funding eligible homeowners can receive for installing a heat pump from up to $10,000 to up to $15,000, where up to $5,000 matches supplementary provincial and territorial contributions via co-delivery arrangements.An upfront payment of $250 for eligible applicants through the Canada Heat Pump Bonus.The Low Carbon Economy Fund supports provincial and territorial initiatives to reduce greenhouse gas emissions. This can include support for households to switch from oil or natural gas to heat pumps and increase energy efficiency in their homes.Heat pumps are one of the best ways for homeowners to save money on energy bills and fight climate change. They are also two to three times more efficient than other electric home heating sources. This results in greater savings for homeowners and reduced energy intake for utilities and grids.Every year, on average, a household participating in the Oil to Heat Pump Affordability program saves $1,337 on energy costs and achieves 2.78 tonnes in greenhouse gas reductions.The Oil to Heat Pump Affordability program has received approximately 287,000 applications to date nationally.Under Budget 2024, the Government of Canada is taking numerous steps to make life more affordable for Canadians while addressing climate change. This includes the Canada Greener Homes Affordability Program, which will support the direct installation of energy efficiency retrofits for Canadian households with low to median incomes.

Related Information

Yukon: Rebates on Your Home Heating SystemOil to Heat Pump Affordability programLow Carbon Economy FundCanada Greener Homes InitiativeCanada Greener Homes Affordability ProgramCanada Green Buildings StrategyElectric Heat Pumps

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Nucleus Software Strengthens its Senior Leadership in South East Asia (SEA): Announces Mukul Agrawal as Regional Sales Head – SEA

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SINGAPORE, Dec. 20, 2024 /PRNewswire/ — Nucleus Software, India’s leading provider of robust digital lending and transaction banking solutions to the global financial services industry, today announced the appointment of Mukul Agrawal as Regional Sales Head for South East Asia (SEA). With over three decades of extensive sales experience across the SEA region, Mukul brings deep expertise in fintech solutions, including core banking and lending.

Mukul’s expertise spans driving business growth, crafting innovative solutions for financial institutions, and implementing strategies that enhance operational efficiency and customer experience. As SEA accelerates its digital transformation in financial services, Nucleus Software, with more than 30 years of expertise in banking technology, continues to empower banks and financial institutions with innovative solutions that drive seamless, customer-centric banking experiences to meet the evolving needs of this dynamic market.

“We are delighted to welcome Mukul Agrawal to the Nucleus Software family. With his extensive experience and deep expertise in financial services industry, Mukul will be a key driver in our efforts to strengthen our presence in SEA. His leadership will be crucial in accelerating our growth and ensuring that we continue to lead the way in delivering innovative, customer-centric solutions to the financial services industry,” said Vishnu R. Dusad, Managing Director and Co-founder of Nucleus Software.

This strategic appointment aligns with Nucleus Software’s ongoing initiative to enhance its global sales organization, ensuring a consistent customer experience while expanding market reach. The company is also intensifying its on-the-ground presence across SEA to better serve its clients. In his new role, Mukul will lead business expansion and manage the product portfolio, applying his strategic vision and customer-focused approach to drive the region’s digital transformation in financial services.

“I am thrilled to join Nucleus Software, a pioneer in delivering transformative solutions for the global financial services industry. I look forward to collaborating with the exceptional teams across SEA to accelerate growth, deepen client partnerships, and deliver innovative, future-ready solutions. Together, we will explore new opportunities and drive impactful outcomes for our customers in the region. Guided by the core principles of integrity, innovation, and customer-centricity, we are committed to delivering solutions that build trust and create long-lasting value,” said Mukul Agrawal, Regional Sales Head – SEA, Nucleus Software.

Mukul is an accomplished professional with an MBA from the prestigious IIM Ahmedabad and a B.Tech. A lifelong learner, he combines academic excellence with a passion for personal growth. Outside of his professional endeavors, Mukul is an avid sports enthusiast. His hobbies include golfing, swimming, and maintaining a robust fitness regimen. He is also keen on exploring new technologies, reading, and traveling, which help him stay well-rounded and inspired both personally and professionally.

For more information, please visit: www.nucleussoftware.com

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Prytime Medical Announces Key Prolonged REBOA Advancements to Treat Maternal Hemorrhage

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BOERNE, Texas, Dec. 20, 2024 /PRNewswire/ — Prytime Medical, The REBOA Company™, is proud to announce significant strides made in 2024 to improve maternal care. These accomplishments underscore the company’s unwavering commitment to ensuring that no mother should bleed to death. Key highlights include:

Empowering Women with High-Risk Pregnancies

After years of hoping for a fourth child, Jessica Barnhart’s pregnancy took a dangerous turn with a c-section scar ectopic pregnancy and placenta accreta spectrum (PAS). Facing life-threatening risks, Jess found hope with Dr. Robert Cohen of Medical City Dallas, who provided a clear care plan that included the pREBOA-PRO™ catheter. Despite the challenges, including the potential for life-threatening hemorrhage, Jess chose Dr. Cohen’s team. Following a complex delivery supported by extended aortic occlusion times and central aortic pressure monitoring technology, Jess had dramatically reduced hemorrhage, and she and her baby Quin survived. Today, Quin is a healthy toddler, and Jess credits Dr. Cohen’s care and innovative treatment with saving her life and keeping her family whole.

In an effort to raise awareness and improve patient outcomes, Prytime Medical continues to partner with survivors like Jess Barnhart to share and amplify their stories. These personal experiences help inform and inspire others facing high-risk pregnancies, particularly those with PAS conditions.

To read more survivor stories, visit www.prytimemedical.com/obstetric-hemorrhage.

Replacing Opinion with Data: 54 Obstetric Hemorrhage Cases in 2024

In 2024, 54 mothers with Placenta Accreta Spectrum (PAS)-related conditions have benefited from Prytime Medical’s pREBOA-PRO™ catheter, marking a significant increase in the use of the pREBOA-PRO™ catheter for obstetric hemorrhage management since 20231. These cases, including procedures at Medical City Dallas and several additional planned cases, demonstrate the expanding role of REBOA in addressing complex obstetric emergencies.

Dr. Robert Cohen (Medical City Dallas): “As the need for pREBOA-PRO™ in PAS cases continues to grow, the ability to pause bleeding & stabilize my patients is proving to be a critical tool in saving lives and improving maternal outcomes.”

Expansion of Clinical Collaboration: New Partnerships with Leading Hospitals

Prytime Medical has expanded its reach in 2024 by partnering with two new leading hospitals to integrate prolonged safe hemorrhage control into the management of obstetric hemorrhage and PAS. These collaborations are pivotal in advancing the role of REBOA in maternal care, allowing more healthcare providers to implement advanced hemorrhage control techniques.

Dr. Mehmet Genc (UF Shands): “Prolonged REBOA has transformed the way we approach high-risk pregnancies. It’s become an essential part of our strategy for managing life-threatening obstetric hemorrhage, and we see tremendous potential for its future use.”

Research Contributions: New Publications on Prolonged REBOA & Obstetric Hemorrhage

Dr. Robert Cohen and his team at Medical City Dallas have contributed three significant publications in 2024, further validating the clinical benefits of prolonged REBOA in obstetric hemorrhage. These papers, focusing on the application of prolonged REBOA in obstetrics, add to the growing body of evidence supporting its ability to improve maternal outcomes in severe hemorrhage scenarios.

Peer-to-Peer Collaboration: Multicenter Calls on Obstetric Hemorrhage

This year, Prytime Medical facilitated four peer-to-peer multicenter calls where clinicians from around the world shared their experiences with prolonged REBOA in obstetric hemorrhage cases. These collaborative events serve as a valuable platform for best practices, new techniques, and the evolving role of prolonged REBOA in managing obstetric emergencies.

For more information about the quarterly Obstetric Hemorrhage Multicenter Call, visit www.prytimemedical.com/obstetric-hemorrhage.

National Conference Engagement: Sponsorship & Attendance at Major OB Conferences

Prytime Medical sponsored and attended two leading national obstetric conferences in 2024. These conferences facilitated discussions on the latest technologies and treatment approaches in obstetrics, including the use of prolonged REBOA in hemorrhage management. These events highlight Prytime Medical’s dedication to advancing medical education and providing clinicians with up-to-date resources.

Commitment to Clinical Excellence: Prolonged REBOA Training for Obstetric Applications

Prytime Medical has conducted hands-on prolonged REBOA training sessions at prestigious academic centers like NYU Langone, UF Shands, and OhioHealth Riverside. These sessions aim to equip obstetric teams with the skills necessary to manage severe hemorrhage cases, ultimately improving preparedness and clinical outcomes.

“We are deeply committed to advancing care for obstetric hemorrhage patients,” said Heather Salinas, Women’s Health Program Manager at Prytime Medical. “Through education, collaboration, and rigorous research, we envision prolonged REBOA becoming the standard of care in obstetric hemorrhage management.”

For more information about Prytime Medical’s prolonged REBOA initiatives, including in Obstetric Hemorrhage, visit www.prytimemedical.com.

About Prytime Medical

Prytime Medical is dedicated to enhancing clinical outcomes for hemorrhagic patients by helping hospitals establish successful prolonged REBOA programs. The pREBOA-PRO™ catheter is a device used in trauma & obstetric hemorrhage to control bleeding, stabilize patients, and provide time for further treatment.

Contact:
Nicole Calvert
Marketing Manager
210-340-0116
ncalvert@prytimemedical.com
www.prytimemedical.com

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SOURCE Prytime Medical

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Chirisa Technology Parks welcomes Spencer Raymond as Chief Financial Officer

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Spencer Raymond will join Chirisa Technology Parks to support financing, financial management and operations related to CTP’s rapid delivery of high-performance, leading-edge facilities for hyperscale, HPC, and AI customers

RICHMOND, Va. and DUBLIN, Dec. 20, 2024 /PRNewswire/ — Chirisa Technology Parks (“CTP”) today announces that Spencer Raymond will join our senior leadership team as Chief Financial Officer in February 2025.

In his role as Chief Financial Officer, Mr. Raymond will be responsible for leading the day-to-day financial operations and affairs of the CTP including financial strategy, debt and equity capital formation, planning, compliance, reporting and analysis, financial and management reporting systems and financial risk management.

With over 20 years of experience, Raymond has delivered extensive shareholder value at high growth firms in the real estate and asset management industry.  In his most recent role as CFO of Rockpoint, he oversaw financial and operational areas driving AUM growth from $4 billion to $16 billion at peak.  In that role, he was responsible for a series of capital transactions, raising new debt and equity to facilitate the growth of the business.  Raymond was instrumental to the launch of a vertically integrated property-level services function, which now provides services on a national basis. He also oversaw the build-out of infrastructure related to many aspects of the firm’s operations.

Lee Hayes, President and CEO of CTP commented, “I am delighted to welcome Spencer as Chief Financial Officer of Chirisa Technology Parks.  His appointment is a bold statement of our intention to further accelerate the rapid growth of our business.  Our hyperscale customers are substantially expanding their AI/HPC footprints to meet the growing global demand for high performance computing.  In 2025, we will focus on the expansion of our leading-edge critical facility financing, development and management capability to meet this customer need.”

Prior to Rockpoint, Raymond was a pre-launch partner and co-founder of Pleasant Lake Partners, responsible for all business development, fundraising and investor relations, finance, operations and SEC compliance of the global opportunistic concentrated equity long-short fund. Prior to Pleasant Lake, Raymond was a pre-launch employee and ultimately Chief Financial Officer of Garrison Investment Group, a $4 billion AUM real estate and corporate middle market credit opportunity fund sponsor.

Raymond began his career at Ernst & Young as a senior audit team member.  He graduated Magna Cum Laude from Syracuse University Whitman School of Management and was captain of Men’s NCAA Division I Swim Team.  He has a broad and international perspective having lived in the USA, London, Singapore and Frankfurt.

Raymond will be based at our offices in Virginia, USA.

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SOURCE Chirisa Technology Parks

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