SASKATOON, SK, Dec. 20, 2024 /CNW/ – Investments in critical minerals infrastructure are essential for Canada to seize the enormous economic opportunity presented by the low-carbon economy and to capitalize on our rich mineral resources. Canada is well positioned to be a global leader and a first-class producer of a wide variety of critical minerals that are essential for powering the clean economy, strengthening national defense capabilities, and ensuring national and economic security. By developing and expanding critical mineral value chains — from mining and processing to manufacturing and recycling — Canada can create good jobs, support economic opportunities, and contribute to a resilient and secure future.

Today, the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, announced that Foran Mining Corporation (Foran) has been conditionally approved for an investment of up to $20 million through the Critical Minerals Infrastructure Fund (CMIF), a key program under the Canadian Critical Minerals Strategy.

Funding announced today will enable the construction of a hydro transmission line to connect to clean hydroelectricity, an on-site substation and electrical vehicle charging infrastructure at Foran’s McIlvenna Bay mine project, with the goal of fully electrifying the mine. This infrastructure will support the development of the McIlvenna Bay site targeting carbon-neutral copper production, supporting Saskatchewan’s position as a premier mining jurisdiction.  

Canada is committed to advancing economic reconciliation and building relationships with Indigenous Peoples by supporting their participation in infrastructure and critical minerals projects. The Government of Canada looks forward to engaging on this project with Indigenous partners in the region.

As global demand for critical minerals is expected to double by 2040, Canada is uniquely positioned to benefit from this growing market: we are abundant in many critical minerals and have the workers, businesses, and communities with the know-how to scale up the mining, processing and manufacturing of products and the recycling of these minerals responsibly. Critical minerals present a huge economic opportunity for workers — with the potential for hundreds of thousands of jobs to be created while stepping up to become the supplier of choice for our allies on the world stage and reduce our reliance on authoritarian governments.

Quotes

“Developing Canada’s abundant critical minerals drives economic opportunity and creates good jobs. In its drive to produce copper without polluting more, Foran’s project will help reinforce Canada’s position as a global supplier of choice for clean technology, clean energy and the resources the world needs to build a prosperous economy. Foran and many other businesses in Saskatchewan and beyond know that, moving forward, economic development and environmental sustainability must go hand in hand.”

The Honourable Jonathan Wilkinson
Minister of Energy and Natural Resources

“We are proud to advance the McIlvenna Bay project with the support of the Government of Canada. The investment in developing a hydro transmission line and supporting infrastructure will deliver renewable hydropower to our operations and open up a new critical minerals and mining district in Canada for generations to come — a key step in our plan to achieve net-zero carbon-copper production. This funding not only supports sustainable resource development but also drives economic growth, job creation and responsible mining practices in Saskatchewan, helping Canada solidify its leadership in critical minerals and clean energy.”

Dan Myerson 
CEO and  Executive Chairman, Foran

Quick Facts

The Canadian Critical Minerals Strategy aims to advance the development of these resources and related value chains to drive the transition to a low-carbon economy and support advanced technology and manufacturing. Canada’s whole-of-government approach to critical mineral development is collaborative, forward-looking, iterative, adaptive and long-term. The initiatives presented in the Strategy will be implemented and refined in collaboration with provincial, territorial, Indigenous, industry and other Canadian and international partners.The CMIF is a key program under the Strategy. With up to $1.5 billion available until 2030, the program seeks to address key infrastructure gaps to enable sustainable critical minerals production and to connect resources to markets. The CMIF also supports clean energy and electrification initiatives as well as transportation and infrastructure projects that will enable the sustainable development of Canada’s critical minerals.The CMIF supports strategic priorities such as decarbonizing industrial mining operations, strengthening supply chains through transportation infrastructure and advancing economic reconciliation by supporting the participation of Indigenous Peoples in infrastructure and critical minerals projects.

Associated Links

Canadian Critical Minerals StrategyGovernment of Canada Launches $1.5-Billion Critical Minerals Infrastructure FundPrograms and funding for critical minerals projectsCanada and B.C. Invest in Infrastructure Upgrades to Support Critical Minerals Development in Northwest B.C. and Create Jobs Across the ProvinceForan Mining Corporation

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SOURCE Natural Resources Canada

SANTA ROSA BEACH, Fla., Dec. 20, 2024 /PRNewswire/ — CapStorm, an industry leader in Salesforce data management, is proud to announce the launch of its latest solution, the CapStorm Salesforce Connector. Designed as a Snowflake Native Application, this connector seamlessly integrates an off-platform copy of Salesforce data into Snowflake. This empowers businesses to maximize their data’s potential with exceptional speed and efficiency.

The CapStorm Salesforce Connector leverages Salesforce APIs to incrementally replicate data, metadata, and schema into Snowflake databases in near real-time. This powerful capability enables companies to access and manage Salesforce data off-platform within five minutes, transforming how they leverage CRM insights for analytics, reporting, and strategic decision-making.

“Leveraging Snowflake’s Marketplace and Native Application framework, CapStorm will bring a powerful Salesforce replication connector directly to the customer’s Snowflake environment,” said Ted Pappas, CEO of CapStorm. “This is a game changer, allowing Snowflake users to control their integrations from Salesforce without pivoting between platforms.”

CapStorm’s Salesforce Connector makes it easy to integrate Salesforce data into Snowflake with minimal setup. This seamless connection allows data to be replicated in near real-time, so teams can access updated information within minutes and make faster, informed decisions. The connector uses incremental data updates to save resources and improve processing speed. Additionally, it keeps Salesforce data secure by managing it directly within the user’s Snowflake environment, reducing the need for third-party tools and lowering potential risks.

Immediate access to insights means businesses can act on the latest customer behavior and trends, facilitating timely, strategic decisions. Data consolidation integrates Salesforce data with other sources to create a unified analytics platform. This enriches business intelligence and ensures that automated reporting keeps dashboards and performance metrics current and accurate with frequent data updates. 

The connector also supports compliance and audit-readiness by maintaining consistent, reliable replication and audit trails, which is essential for regulated industries. By automating complex tasks, organizations can replace time-consuming, error-prone manual processes with more efficient, precise solutions, instilling confidence in a data operation strategy that allows the end user to  “set-it-and-forget-it”.

The CapStorm Salesforce Connector is available on Snowflake’s Marketplace, offering businesses a game-changing way to integrate Salesforce data into Snowflake with speed and security. With accessible and verifiable, near real-time data replication, CapStorm reinforces its commitment to providing innovative solutions that enhance efficiency and decision-making. 

About CapStorm:
CapStorm’s Salesforce data management platform provides a pathway to ownership and control over your Salesforce data and metadata. 

CONTACT: Amber Hagans, amber.hagans@capstorm.com

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SOURCE CapStorm

ATLANTA, Dec. 20, 2024 /PRNewswire/ — Quatrro Business Support Services (Quatrro), a leading provider of cost-effective, tech-enabled outsourced finance and accounting, human resources, application development, and IT support services to SMB’s and the mid-market, is pleased to announce its inclusion in Newsweek’s prestigious 2025 Excellence 1000 Index.

The 2025 Excellence 1000 Index, a collaboration between Newsweek and the Best Practice Institute (BPI), identifies the top 1000 companies based on a comprehensive analysis of over half a million data points. The index evaluates companies across critical dimensions including financial responsibility, stakeholder ratings, customer reviews, and ESG commitments, utilizing a proprietary scoring system to recognize exceptional organizational performance.

CEO of Quatrro, Nate Medoff, commented, “We are honored to be recognized in Newsweek’s 2025 Excellence 1000 Index. This reflects our team’s commitment to innovation, strategic excellence, and delivering technology-driven solutions that empower businesses to thrive. At Quatrro, we combine deep industry expertise with a customer-centric approach to provide transformative services across finance, accounting, HR, and technology. This recognition reinforces our mission to innovate, create value, and make a meaningful impact for our clients, partners, and communities.”

Companies were evaluated by BPI on key criteria:

Employee Rating: Sentiment and emotion analysis of employee perceptions.Customer Rating: Customer views on products, services, and ethics.ESG Risk & Ethical Impact: Assessment of environmental, social, governance risks, and ethical footprint.ISO Standards: Compliance with international quality and safety standards.R&D Spending: Investment in innovation.Global Compact Status: Alignment with UN principles.BBB Rating (for small companies): Accreditation meeting Better Business Bureau standards.Customer Complaints: Transparency on grievances and resolutions.

“In an era where narratives often overshadow facts, the Excellence 1000 Index stands as a testament to the importance of verified impact and ethical leadership,” said Louis Carter, CEO of Best Practice Institute. “This year’s honorees exemplify what it means to prioritize innovation, sustainability, and stakeholder value over tradition and superficial metrics. By recognizing these trailblazers, we aim to inspire a new standard for evaluating corporate success—one that values measurable progress and integrity above all.”

About Quatrro Business Support Services:
Visit www.quatrrobss.com
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About Newsweek:
Visit:  www.newsweek.com

For more information on how to apply to be considered for the 2026 Excellence 1000 Index, go to excellence.bestpracticeinstitute.org

Media Contact:
Kristen Flasch VP – Marketing
Quatrro Business Support Services
Kristen.flasch@quatrrobss.com

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SOURCE Quatrro Business Support Services