Connect with us

Technology

Active and public transportation infrastructure upgrades underway for communities throughout Alberta

Published

on

RED DEER, AB, June 26, 2024 /CNW/ – Local infrastructure upgrades are coming to over 50 communities across Alberta through 48 active and rural public transportation projects after a combined investment of more than $60 million from the federal government and recipients.

This was announced by Minister Randy Boissonnault and the Mayor of Red Deer, Ken Johnston.

The City of Red Deer will rehabilitate the Canadian Pacific Railway Bridge, a significant historical landmark which is used as a main active transportation corridor. It is the only dedicated river crossing near the greater downtown and Riverside Meadows. This crossing also benefits more vulnerable communities by providing direct access to social supports located on either side of the bridge.

The Bow Valley region of Banff, Canmore, and Lake Louise will benefit from three new accessible electric transit buses and a charging station, which will improve traffic flow for commuters and visitors to this busy area in the National park. Similarly, in areas such as Cochrane, Rocky View County, and Medicine Hat, the upgrades or enhancements of transit vehicles will benefit the surrounding communities.

Other rural and Indigenous communities receiving funding will benefit from improvements to existing pathway systems and crosswalk infrastructure. Funding will also support better public transit services with new energy-efficient and accessible vehicles, upgraded equipment and improvements to bus stops, and rural transit planning studies and routes.

The details of each project can be found in the accompanying backgrounder.

Quotes

“As communities in Alberta continue to grow, it is vital to have active and rural public transportation infrastructure that meets their evolving needs. Our government’s investment will encourage Albertans to be active and healthy and contribute to a cleaner environment, creating more resilient and stronger communities for everyone.”

The Honourable Randy Boissonnault, Minister of Employment, Workforce Development and Official Languages, on behalf of the Honourable Sean Fraser, Minister of Housing, Infrastructure and Communities

“This investment from the federal government means more than just upgrading infrastructure; it signifies a commitment to the well-being and safety of our community. Rehabilitating the Canadian Pacific Railway bridge not only preserves a significant historical landmark but also enhances connectivity, revitalizes our downtown, and ensures access to essential services for all residents, including those most vulnerable. Together, we are building a stronger, more inclusive Red Deer.”

His Worship Ken Johnston, Mayor of the City of Red Deer

“Thanks to the support of the Rural Transit Solutions fund, we are thrilled to be able to further expand our zero-emission fleet through the purchase of additional electric buses. Operating Roam Transit services within and around Banff National Park, environmental stewardship is paramount to us and our partner communities. Embracing advanced technologies to reduce emissions underscores our commitment to sustainable transit. Adding additional electric buses marks a pivotal moment in our transition, enhancing our journey to lowering emissions, and moving us towards a greener future”.

Martin Bean, CEO, Bow Valley Regional Transit Services Commission

Quick Facts

The federal government is investing a total of $36,301,698 through the Active Transportation Fund (ATF), the Rural Transit Solutions Fund (RTSF) and the Public Transit Infrastructure Stream (PTIS) of the Investing in Canada Infrastructure Program (ICIP). The ATF is providing $18,438,784 of this investment for 31 projects, $15,193,328 of this investment is through RTSF in support of 15 projects, and $2,669,586 is through PTIS for two projects. Municipalities and associated funding partners are contributing a total of $24,892,275 to their respective projects.Since 2015, the federal government has committed over $30 billion for public transit and active transportation projects. These historic investments have resulted in close to 2000 projects across the country.Federal funding is conditional on fulfilling all requirements related to consultation with Indigenous groups and environmental assessment obligations.

Active Transportation Fund:

Active transportation refers to the movement of people or goods powered by human activity. It includes walking, cycling and the use of human-powered or hybrid mobility aids such as wheelchairs, scooters, e-bikes, rollerblades, snowshoes, cross-country skis, and more.In support of Canada’s National Active Transportation Strategy, the Active Transportation Fund is providing $400 million over five years, starting in 2021, to make travel by active transportation easier, safer, more convenient, and more enjoyable.The National Active Transportation Strategy is the country’s first coast-to-coast-to-coast strategic approach for promoting active transportation and its benefits. The strategy’s aim is to make data-driven and evidence-based investments to build new and expanded active transportation networks, while supporting equitable, healthy, active, and sustainable travel options.

Rural Transit Solutions Fund:

The RTSF helps Canadians living in rural and remote areas get around their communities more easily. It supports the development of rural transit solutions, including new transit service models that could be replicated or scaled up.A minimum of 10% of RTSF’s funding envelope is allocated to projects that benefit Indigenous populations and communities.RTSF’s Planning and Design Projects continuous intake remains open. Through this stream, eligible applicants can receive a grant up to $50,000 in support of a communities’ projects to plan and design a new or expanded transit solution for their communities. Some examples of eligible planning and design projects are assessment of routes and modes of travel, feasibility studies, public and stakeholder engagement and surveys.The RTSF complements Canada’s strengthened climate plan: A Healthy Environment and a Healthy Economy. Through the plan the federal government has committed to providing federal funding for public transit in support of making clean and affordable transportation available in every community.

Public Transit Infrastructure Stream (Investing in Canada Infrastructure Program)

This stream supports the building, expansion, and upgrading of urban and rural transit networks.Including today’s announcement, eighteen infrastructure projects under the Public Transit Infrastructure Stream have been announced in Alberta, with a total federal contribution of more than $1.97 billion and a total provincial contribution of more than $2.03 billion.In 2021, the government announced significant public transit funding that includes billions in support for zero emission buses, rural transit solution, active transportation, and support for major projects to accelerate the expansion of large urban transit systems that many Canadians depend on every day.Averaging $3 billion a year, this predictable and flexible public transit funding will respond to local needs by enhancing integrated planning, improving access to public transit and active transportation, and by supporting the development of more affordable, sustainable, and inclusive communities.On December 18, 2023, the federal government launched the Framework to Build a Green Prairie Economy, which highlights the need for a collaborative, region-specific approach to sustainability, focusing on strengthening the coordination of federal programs, and initiatives with significant investments. This Framework is a first step in a journey that will bring together multiple stakeholders. PrairiesCan, the federal department that diversifies the economy across the Canadian prairies, has dedicated $100 million over three years to support projects aligned with priority areas identified by Prairie stakeholders to build a stronger, more sustainable, and inclusive economy for the Prairie provinces and Canada.Infrastructure Canada is supporting the Framework to Build a Green Prairie Economy to encourage greater collaboration on investment opportunities, leverage additional funding, and attract new investments across the Prairies that better meet their needs. 

Related Products

Backgrounder: Active and public transportation infrastructure upgrades are underway for communities throughout Alberta

Associated Links

Active Transportation Fund
https://www.infrastructure.gc.ca/trans/index-eng.html 

National Active Transportation Strategy
https://www.infrastructure.gc.ca/trans/active-strat-actif-eng.html

Rural Transit Solutions Fund
https://www.infrastructure.gc.ca/rural-trans-rural/index-eng.html 

Investing in Canada: Canada’s Long-Term Infrastructure Plan
https://www.infrastructure.gc.ca/plan/icp-publication-pic-eng.html

Public Transit Infrastructure Stream
https://www.infrastructure.gc.ca/plan/pti-itc-eng.html

Strengthened Climate Plan
https://www.canada.ca/en/services/environment/weather/climatechange/climate-plan/climate-plan-overview.html 

Federal infrastructure investments in Alberta
https://www.infrastructure.gc.ca/plan/prog-proj-ab-eng.html

Building a Green Prairie Economy Act
https://laws.justice.gc.ca/eng/acts/B-9.88/page-1.html

Building a Green Prairie Economy
https://www.canada.ca/en/prairies-economic-development/programs/green-prairie-economy.html 

Follow us on TwitterFacebook, Instagram and LinkedIn
Web: Infrastructure Canada

SOURCE Infrastructure Canada

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

1-800Accountant Launches Tax Savings Services Designed for 1099 Workers

Published

on

By

New offering helps independent contractors structure their business to reduce their tax burden from day one

NEW YORK, April 22, 2026 /PRNewswire/ — 1-800Accountant, the nation’s leading virtual accounting firm for small businesses, announced the launch of a new service offering built specifically for 1099 workers and independent contractors. The service helps freelancers and self-employed professionals work with an accountant to select the right business setup for their income, with a focus on reducing taxes from the start.

Growth Is Outpacing Tax Readiness

Independent contractor work has grown significantly in recent years. 1-800Accountant’s client data shows sharp year-over-year growth across contractor-heavy industries, with Consulting up 17%, Construction up 10%, and Service-sector clients growing more than 200% compared to 2024. Despite this growth, many contractors continue to overpay their taxes because they operate without a formal business structure in place or the right tax election.

The gap is particularly visible in industries like Healthcare, Engineering, and Legal, where LLC adoption among 1-800Accountant clients sits at 81%, 72%, and 71%, respectively, well below the 90%-plus rates seen in higher-adoption industries like Construction and Real Estate. 1-800Accountant’s new business tax optimization service closes that gap by matching contractors with the right business type while ensuring their business is set up correctly before they file their first return.

“Independent contractors continue to be one of the fastest-growing segments of the American workforce, and they are also among the most underserved when it comes to strategic tax planning,” said Mike Savage, Founder and CEO of 1-800Accountant. “That lack of planning means that most 1099 workers don’t realize how much they’re leaving on the table. This service changes that. We’re giving contractors access to the same strategic advantages that established businesses have, ensuring the right business setup from the beginning.”

Tax Strategy Built In from Day One

These services walk clients through a structured process that includes accountant-recommended business types, registering with the appropriate state agencies, and coordinating with an accountant to ensure alignment between the structure and the client’s specific tax situation. 1-800Accountant integrates business setup for 1099 earners into a broader tax strategy tailored around each contractor’s income level, filing status, and long-term goals.

“What sets us apart is the tax strategy layer,” said Ryan Teeples, Chief of Strategy at 1-800Accountant. “What contractors and gig workers actually need are professionals to help them understand which tax setup makes the most sense for their income, their industry, and where they want their business to go. Then, we do the work to save on both their business and personal taxes. That’s what we’re delivering here.”

The service is available now to new and existing 1-800Accountant clients. Pricing starts at $19 per month (plus any government filing fees) and includes business setup evaluation, tax return preparation and filing, state registration, federal registration, simple-to-use AI bookkeeping software, and a consultation with a tax expert for onboarding and explanation of their individual tax situation.

About 1-800Accountant

1-800Accountant is the nation’s leading virtual accounting firm for small businesses and independent contractors. With a team of credentialed accountants and tax professionals, 1-800Accountant provides bookkeeping, tax preparation, tax planning, and advisory services to clients across all 50 states. The firm is committed to making professional accounting accessible and affordable for business owners at every stage.

Contact: Wyatt Johnson
Content Manager, 1-800Accountant
920-807-9159 | media@1800accountant.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/1-800accountant-launches-tax-savings-services-designed-for-1099-workers-302750910.html

SOURCE 1-800Accountant

Continue Reading

Technology

9fin launches in APAC to expand global credit coverage

Published

on

By

With APAC playing a bigger role in increasingly complex global credit markets, 9fin brings the news, data and AI tools professionals need to navigate volatility

HONG KONG, April 22, 2026 /PRNewswire/ — 9fin, the AI-native information platform for global debt markets, has formally launched in the Asia Pacific region, giving credit professionals access to cutting-edge news, data and analysis across private and public bonds and loans.

As the 9fin team continues to grow quickly across APAC from its initial base in Hong Kong, it is supporting firms locally by providing proprietary credit intelligence, comprehensive data, and AI-powered workflow tools, all within one unified platform.

The launch comes as the tussle between public and private markets intensifies in APAC, making it more important than ever for banks, asset managers, advisors, and law firms to have visibility across the full credit landscape. While bond issuance has dropped amid geopolitical disruption, private credit activity remains robust as borrowers seek alternative financing options.

By combining deal intelligence from local sources with its extensive global credit database and AI tools, the 9fin platform gives users a comprehensive view across fragmented markets. The APAC platform includes coverage of more than 1,800 issuers and 16,000 instruments, with issuance history dating back to 2003 following 9fin’s acquisition of Bond Radar, in March 2025.

9fin is already used by more than 300 institutions globally, including KKR, Apollo, BNP Paribas, and Kirkland & Ellis. The company’s APAC buildout — supported by its $170 million Series C fundraise in March 2026 — marks the next phase of its global expansion.

Steven Hunter, CEO and co-founder at 9fin, commented: “APAC is a complex region and is becoming even more so as private markets expand and geopolitical volatility increases. The region needs a faster, smarter platform covering the full picture across bonds, loans, private credit and distressed. That’s exactly what 9fin provides. With our full platform now live in APAC, we’re giving our users the clarity to make informed decisions, faster.”

9fin’s APAC launch follows its expansion across the US, Europe, and Latin America, with CEEMEA to follow.

About 9fin

9fin is the AI-native platform for global debt markets. Founded by former J.P. Morgan banker Steven Hunter and Deutsche Bank engineer Hussam EL-Sheikh, the company combines data, analytics, and AI-powered workflows in a single platform, helping clients work smarter and faster to outperform their peers.

The company is headquartered in London, with offices in New York, Hong Kong, and Belfast and with teams across Latin America and Asia. For more information, visit 9fin.com.

Media contacts
Jessica Simpkin
jessica.simpkin@9fin.com
Shree Dhond/Katie Nerantzis
Dukas Linden Public Relations | 9fin@dlpr.com

Logo – https://mma.prnewswire.com/media/1436759/5932218/9fin_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/9fin-launches-in-apac-to-expand-global-credit-coverage-302750649.html

Continue Reading

Technology

Trimble First Quarter Earnings Call and Webcast

Published

on

By

WESTMINSTER, Colo., April 22, 2026 /PRNewswire/ — Trimble (Nasdaq: TRMB) will hold a conference call on Wednesday, May 6, 2026 at 8 a.m. ET to review its first quarter 2026 results. The call will be broadcast live on the web at https://events.q4inc.com/attendee/544327873. Analysts who wish to dial into the call may do so by first registering at https://events.q4inc.com/analyst/544327873?pwd=s5ilhwSm. Upon registration, dial-in details will be sent via email to the registrant.

About Trimble

Trimble is a global technology company that connects the physical and digital worlds, transforming the ways work gets done. With relentless innovation in precise positioning, modeling and data analytics, Trimble enables essential industries including construction, geospatial and transportation. Whether it is helping customers build and maintain infrastructure, design and construct buildings, optimize global supply chains or map the world, Trimble is at the forefront, driving productivity and progress. For more information about Trimble (Nasdaq: TRMB), visit: www.trimble.com.

FTRMB

View original content to download multimedia:https://www.prnewswire.com/news-releases/trimble-first-quarter-earnings-call-and-webcast-302750889.html

SOURCE Trimble

Continue Reading

Trending