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Government of Canada and FCM Fund Municipal Climate Action Across British Columbia

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VANCOUVER, BC, Feb. 15, 2024 /CNW/ – CanadaClimate change is affecting Canadians and communities across Canada. By supporting initiatives that reduce emissions and enhance resiliency, we are safeguarding our well-being as well as generating jobs and developing our clean energy future.

Federal and municipal partnerships are critical to building climate resilient communities with energy efficient buildings and accessible public transit.

Today at GLOBE Forum 2024, Julie Dabrusin, Parliamentary Secretary to the Minister of Environment and Climate Change and to the Minister of Energy and Natural Resources, on behalf of the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, and Scott Pearce, President of the Federation of Canadian Municipalities (FCM), announced a federal investment of $917,050 through the Green Municipal Fund (GMF) to support local projects which will advance transit access and enhance sustainability at public facilities in six communities across British Columbia.

TransLink receives $249,800 for its pilot project of shared mobility services in the Metro Vancouver area. An initial trial, in partnership with other Vancouver-based transportation service providers, was successfully conducted in 2019-2020. TransLink will use this grant for a larger pilot program that will encourage 1,000 users to use alternative modes of transportation.

The cities of Delta and Nanaimo each receive $200,000 to study methods to reduce greenhouse gas emissions at various recreational and public buildings that produce the highest amount of carbon in their communities.

The City of Port Moody receives $178,400 to develop a low carbon resilience plan for 26 municipal facilities. The plan aims to enhance energy efficiency, generate emission reductions, and improve the weather resilience of targeted buildings, which include City Hall, two fire halls, and various community centres and outdoor pools.

The City of Powell River receives $68,400 to conduct a study on emission reduction strategies for its most emitting facilities, including its City Hall, recreation complexes, public works facilities, an entertainment centre, an RCMP building, and a public library. These buildings collectively emit over 600 tonnes of carbon dioxide equivalent (tCO2e) of GHG emissions annually, which constitutes more than 60 percent of the city’s corporate building emissions.

The City of Kelowna receives $20,450 to examine the viability of a geoexchange heat pump system to replace the aging mechanical system at its Station 1 Firehall.

The Green Municipal Fund (GMF), administered by the FCM, is funded through a $1.65 billion federal endowment by the Government of Canada. The GMF helps local governments switch to sustainable practices faster. Its unique mix of funding, resources and training gives municipalities the tools they need to build resiliency and reduce greenhouse gas emissions.

Quotes

“The Government of Canada is investing in municipal climate solutions in communities here in British Columbia and across the country. Today’s investment supports local projects that will make municipal buildings more efficiency and resilient while expanding green transit access in Metro Vancouver. Congratulations to our municipal partners on advancing these innovative projects across British Columbia.”
The Honourable Jonathan Wilkinson
Minister of Energy and Natural Resources

“I am pleased to announce nearly $1 million of federal support to unlock climate action in communities across British Columbia. Investments in sustainable projects across Canada, like the ones we are announcing today at the GLOBE Forum in Vancouver, will make our communities better connected and our buildings more resilient and efficient while contributing to building our shared net-zero future.”
Julie Dabrusin
Parliamentary Secretary to the Minister of Energy and Natural Resources and to the Minister of Environment and Climate Change 

“The transit sector accounts for nearly a quarter of all greenhouse gas emissions and municipalities influence over half of them. It is good news that the Green Municipal Fund is further building on its 20-year track record of helping local governments and communities become more sustainable. Today, we’re supporting transit access and green initiatives at public facilities in six communities in British Columbia. Through continued strong collaboration between the federal government, municipalities and the Federation of Canadian Municipalities, we’re on the path to achieve net zero.”
Scott Pearce
FCM President

Associated links

Federation of Canadian Municipalities
Green Municipal Fund
2030 Emissions Reduction Plan: Clean Air, Strong Economy

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SOURCE Natural Resources Canada

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Hexagon Composites ASA: Eirik Løhre appointed permanent CFO

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May 5, 2026

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OSLO, Norway, May 5, 2026 /PRNewswire/ — Reference is made to the stock exchange announcement dated 11 November 2025, where Eirik Løhre was appointed interim CFO in Hexagon Composites.

The Company is pleased to inform that Eirik Løhre has been appointed permanently to the role of CFO in Hexagon Composites, effective today.

Eirik Løhre has been with the Company since 2021 and prior to his role as interim CFO, he served as EVP Corporate Development on the Executive Team.  

“Eirik has demonstrated strong financial leadership and execution, and he has been instrumental in strengthening our financial performance. I look forward to continuing our work together to develop and position Hexagon in this next phase of growth,” said Philipp Schramm, CEO, Hexagon Composites. 

For more information:
Berit-Cathrin Høyvik, Senior Director, Communications, Hexagon Composites
Tel: +47 988 92 161, berit-cathrin.hoyvik@hexagongroup.com

About Hexagon Composites ASA
Hexagon delivers safe and innovative solutions for a cleaner energy future. Our solutions enable storage, transportation and conversion to clean energy in a wide range of mobility and industrial applications. Learn more at www.hexagongroup.com and follow @HexagonASA on LinkedIn.

This information was brought to you by Cision http://news.cision.com

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View original content:https://www.prnewswire.co.uk/news-releases/hexagon-composites-asa-eirik-lohre-appointed-permanent-cfo-302762250.html

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LONGPORT Whale Enters Malaysian Market with Next Generation Trading Infrastructure for Local Brokerages

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May 5, 2026

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LONGPORT Whale, with proven track record across 100+ institutional clients in Asia, makes its Malaysia debut at Bursa Malaysia Stockbroking Trade Fair 2026

KUALA LUMPUR, Malaysia, May 5, 2026 /PRNewswire/ — LONGPORT Whale, a provider of AI-Ready securities trading infrastructure, is making its entry into the Malaysian market at the Bursa Malaysia Stockbroking Trade Fair 2026. The move comes as Malaysia’s Capital Market Masterplan 2026–2030 (CMP4) continues to hone in on local brokerages to modernise core systems, balancing investor experience, regulatory compliance, and operational resilience simultaneously.

Malaysian brokerages are increasingly confronted by a challenge that goes beyond front-end upgrades. Legacy architectures struggle to keep pace with digital-native investor expectations, rising cybersecurity standards, and the demand for multi-market expansion simultaneously. For many such brokerages, the question is no longer whether to modernize, but how to do so without adding complexity or disrupting the business continuity that clients depend on.

Zhong Hua, CEO, LONGPORT Whale, said, “Core trading infrastructure must support continuous evolution — in investor experience, compliance, and AI readiness — without adding unnecessary complexity. The brokerages that lead the next decade won’t be the ones with the best system today; they’ll be the ones whose systems are designed to keep getting better. LONGPORT Whale aims to bring its Asia-proven experience to help Malaysian brokers strike that balance.”

Built on a cloud-native microservices architecture and trusted by more than 100 institutional clients in Asia, Whale’s platform is engineered by industry professionals and refined through years of first-hand operational experience. For the Malaysian market, it addresses four priorities: a best-in-class trading experience validated across competitive, highly regulated markets in Asia; system resilience and performance built for institutional scale, with high system performance and output, real time risk management, and low system latency; global market connectivity spanning Malaysia, Singapore, Hong Kong SAR, US, and Japan without requiring system rebuilds; and an API-first, data-unified architecture that gives brokerages a practical foundation for AI adoption.

Hong Kong SAR and Singapore, where Whale serves online brokers, traditional banking firms, banks and wealth management institutes in a stringent regulatory environment, serve as the primary reference market for its Malaysia expansion. The company said it aims to work with local industry participants as both an infrastructure partner and a contributor to broader conversation on responsible modernization under CMP4.

About LONGPORT Whale

LONGPORT Whale provides integrated securities trading infrastructure to brokers, banks, fund houses, wealth managers, and family offices across Asia. Its cloud-native platform supports multi-market, multi-asset trading across front-, middle-, and back-office workflows, with a deployment model designed for regulatory alignment and long-term scalability. Website: www.longportwhale.com

Media Contact
LONGPORT Whale PR Team
Email: media@longportwhale.com

View original content:https://www.prnewswire.com/apac/news-releases/longport-whale-enters-malaysian-market-with-next-generation-trading-infrastructure-for-local-brokerages-302761411.html

SOURCE LONGPORT Whale

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Thunes and Vodacom Tanzania Unite to Power Cross-Border M-Pesa Payments Across China and Uganda

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May 5, 2026

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Collaboration revolutionises trade & financial convenience for Tanzanian merchants and consumers

SINGAPORE, May 5, 2026 /PRNewswire/ — Thunes, the Smart Superhighway to move money around the world, has joined forces with Vodacom Tanzania, the country’s leading telco company, to transform cross-border trade and digital financial inclusion with Vodacom’s new M-Pesa Global Payment solution. Thanks to the collaboration, Vodacom customers in Tanzania can now seamlessly pay merchants in Uganda and China directly from their mobile phones.

This milestone solution responds to growing demand from Tanzanian traders who engage in commerce with Ugandan and Chinese markets but often face challenges with costly, slow, and insecure payment methods. With this innovation, leveraging the Thunes Direct Global Network, Vodacom aims to bridge those gaps, offering secure, real-time digital payments across borders and reinforcing its leadership in mobile money innovation in Africa.

The solution supports trade with two key markets for Tanzania. For eight consecutive years, China has been Tanzania’s largest trading partner, with bilateral trade hitting $8.8 billion in 2024. In the same year, bilateral trade between Tanzania and Uganda reached approximately $2.23 billion, an increase of 64% on the previous year.

Epimack Mbeteni, M-Pesa Director at Vodacom Tanzania said: “This is more than just a payment feature, it is a catalyst for economic empowerment and a gateway for small and medium businesses and entrepreneurs in Tanzania to compete and thrive in regional and global markets. Through Thunes’ expansive and trusted Network we are enabling seamless, secure, and affordable cross-border payments that empower people, fuel trade and place M-Pesa at the center of Africa’s digital commerce future.”

Through Thunes’ Direct Global Network, customers can now send payments to merchants in Uganda using MTN MoMo and to Chinese merchants through the Alipay network, all through the M-Pesa USSD menu or the M-Pesa Super App. The process is secure, user-friendly, and eliminates the burden of traditional banking barriers for everyday traders and businesses.

Dawei Wang, SVP Network at Thunes, added: “Vodacom Tanzania joining the Thunes Direct Global Network to digitise cross-border payments is a game changer for local businesses. By combining Vodacom’s technology with Thunes’ trusted and proprietary Network, Tanzanian customers can pay partners in China and Uganda in real time. This innovation accelerates interoperability along with international trade and business growth and supports our vision of connecting the next billion end users to the global economy.”

This initiative stands as a strategic enabler for consumers and micro, small, and medium enterprises (MSMEs) who need reliable and quick financial tools such as mobile money. A 2025 GeoPoll survey on Tanzania Financial Services and Usage found that 94% of the survey’s respondents use mobile money.

The Thunes and Vodacom Tanzania alliance is set to transform the lives of millions of consumers by dismantling cross-border barriers. By hyper-connecting Tanzania to global powerhouses like China and streamlining intra-African trade, the collaboration is helping to build an inclusive economy and grow Tanzania’s role as a force in the global market.

About Vodacom Tanzania

For more information, visit: https://www.vodacom.co.tz/

About Thunes

For more information, visit: https://www.thunes.com/

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View original content:https://www.prnewswire.co.uk/news-releases/thunes-and-vodacom-tanzania-unite-to-power-cross-border-m-pesa-payments-across-china-and-uganda-302760085.html

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