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Minister Vandal announces investments to support infrastructure and economic development projects across Alberta

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More than $39 million to help Alberta communities attract investments, create jobs and transition to a sustainable green economy

WABAMUN,  AB, July 3, 2024 /CNW/ – Canada and the world are shifting away from coal-fired power, to protect our climate, and create a more sustainable and robust economy. The Government of Canada is investing in communities, workers and people impacted by the coal transition, and we are making sure that they are at the centre of our work.

Today, the Honourable Dan Vandal, Minister for PrairiesCan, announced $39,432,507 for 10 projects – through the Canada Coal Transition Initiative (CCTI) and Canada Coal Transition Initiative-Infrastructure Fund (CCTI-IF) – to support sustainable economic growth in coal affected communities across Alberta. This funding, through PrairiesCan, is supporting the building of new infrastructure to attract new investments, help business grow, and create strong and resilient communities with more well-paying jobs.

Examples of projects receiving support include:

Parkland County is receiving $17,500,000 to upgrade the Wabamun wastewater facility, develop a water feature and redevelop the existing public waterfront park in the Hamlet of Wabamun.Paul First Nation is receiving $850,000 for a transition, training, and employment centre for entrepreneurship training and business support.The Town of Castor is receiving $891,000 to reconstruct and convert a campground area into a year-round multipurpose venue.The Town of Coronation is receiving $891,000 to renovate and retrofit two buildings into business incubator and accelerator centres that offer business supports and programming to foster commercial growth.The Village of Forestburg is receiving $313,000 to develop land and underground utilities for the proposed Jeanne Lougheed Historic Park and to the Flagstaff County border to support a proposed joint industrial park.

Projects receiving funding will support more than 680 jobs and help Alberta communities take advantage of economic opportunities reflective of the increasingly diversified Prairie economy.

In line with the principles of the Government of Canada’s Framework to Build a Green Prairie Economy, these investments are about working together on common interests, to make a sustainable and prosperous net-zero economy achievable by enhancing capacity and skills development in these communities and providing support to grow their businesses.

Quotes

“Transitioning to a low-carbon economy is good for our environment, our economy, our health, and our future. This government’s support for these 10 projects represents our prioritization of workers and communities impacted by coal transition. These investments will help create good-paying jobs, attract new investment opportunities and build a stronger, more sustainable economic future in Alberta and across the Prairies.”
–The Honourable Dan Vandal, Minister for PrairiesCan

“As we transition from coal, the federal government is doing our part with municipal and regional partners to ensure Albertans receive the support they need. Driving economic growth, creating the jobs of the future, and opening opportunities that make transition easier for Alberta’s coal communities is what today’s investments are all about.”
–The Honourable Randy Boissonnault, Minister of Employment, Workforce Development and Official Languages

“These investments are key to encouraging the future growth of our community and improving the quality of life of our residents, businesses, and visitors. This funding supports improvements to County infrastructure and will boost local tourism and development while leading to future economic prosperity and a sustainable economy. We look forward to the many opportunities and economic development that will arise from these investments – Parkland County’s future is bright.”
–Allan Gamble, Mayor, Parkland County

Paul First Nation is exceedingly pleased with the valuable contributions made towards our training and capacity building. With this assistance and support, we will greatly enhance our opportunities for economic and social development, as well as stimulate the economy while building good relationships and upstanding role model citizens. We would like to extend our thanks to PrairiesCan. It is our desire to take full advantage of this opportunity. By providing grass roots cultural teachings and rituals, we will provide our young people with the necessary tools to succeed.”
–Dennis Paul, Technical Advisor, Paul First Nation

Quick facts

Today’s investments bring total federal funding for Alberta communities to over $14 million invested since 2018 through the Canada Coal Transition Initiative (CCTI) and over $60 million invested since 2019 through Canada Coal Transition Initiative-Infrastructure Fund (CCTI-IF).The Canada Coal Transition Initiative (CCTI) supports skills development and helps communities adapt to a low-carbon economy.The Canada Coal Transition Initiative – Infrastructure Fund (CCTI-IF) aims to help communities move away from coal by investing in infrastructure.The Framework to Build a Green Prairie Economy is a long-term commitment to work differently, through stronger coordination among federal departments on investments for the Prairies and closer collaboration with Prairie partners on their priorities for a prosperous and sustainable Prairie economy.

Backgrounder

PrairiesCan is investing $39,432,507 for 10 Alberta projects to support skill development, infrastructure investment and economic diversification in impacted communities transitioning from coal-fired electricity generation. Projects receiving funding will have significant environmental and economic benefits, including supporting more than 680 jobs while enabling coal-affected communities to create new sources of economic growth.

PrairiesCan funding for these 10 projects is through the Canada Coal Transition Initiative (CCTI) and Canada Coal Transition Initiative – Infrastructure Fund (CCTI-IF).

Canada Coal Transition Initiative (CCTI) – $1,382,507

CCTI is an investment of $35 million over five years. It supports skills development and helps communities adapt to a low-carbon economy. The fund was launched on April 1, 2018, and ended March 31, 2023. Investments under CCTI have supported a total of 15 projects in Alberta.

Projects announced today as receiving support through the CCTI include:

Paul First Nation is receiving $850,000 to develop a transition, training, and employment centre for entrepreneurship training and business support.Paul First Nation is receiving $532,507 to conduct a feasibility and technical study for the requirements of a solar park development.

Canada Coal Transition Initiative-Infrastructure Fund (CCTI-IF) – $38,050,000

The CCTI-IF was launched on August 20, 2020. This $150 million fund aims to help communities move away from coal by investing in infrastructure. The initiative is set to end on March 31, 2025. To date, investments under CCTI-IF have supported a total of 14 projects in Alberta.

Projects announced today as receiving support through the CCTI-IF include:

County of Paintearth is receiving $2,300,000 to upgrade and develop wastewater and stormwater easement infrastructure for a mixed-use industrial park.Parkland County is receiving $17,500,000 to upgrade the Wabamun wastewater facility, develop a water feature and redevelop the existing public waterfront park in the Hamlet of Wabamun.Parkland County is receiving $12,400,000 to upgrade Spruce Valley and Pinchbeck-Bevington Road intersections on Highway 16A to increase access to Acheson Industrial Area.The Town of Castor is receiving $891,000 to reconstruct and convert a campground area into a year-round multipurpose venue.The Town of Coronation is receiving $891,000 to renovate and retrofit two buildings into business incubator and accelerator centres to offer business supports and programming to foster commercial growth.The Village of Forestburg is receiving $313,000 to develop land and underground utilities for the proposed Jeanne Lougheed Historic Park and to the Flagstaff County border to support a proposed joint industrial park.The Village of Forestburg is receiving $250,000 to develop the planning and design of the Forestburg South Industrial Subdivision.The Village of Forestburg is receiving $3,505,000 for design and construction of roadway and utility extensions in the industrial park in the Village of Forestburg.

Associated links

Prairies Economic Development Canada (PrairiesCan)Green Prairie EconomyPowering Past Coal Alliance: phasing out coalTask Force: Just Transition for Canadian Coal Power Workers and Communities

Stay connected

Follow PrairiesCan on Twitter and LinkedIn

Toll-Free Number: 1-888-338-9378 TTY (telecommunications device for the hearing impaired): 1-877-303-3388

SOURCE Prairies Economic Development Canada

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Spectrum Joins Meyer Shank Racing for the 109th Running of the Indianapolis 500

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INDIANAPOLIS, May 13, 2025 /PRNewswire/ — Meyer Shank Racing (MSR) today announced that Spectrum, one of the nation’s leading broadband connectivity providers, will be the primary sponsor for the No. 66 Honda Indy car driven by Marcus Armstrong for the 109th Indianapolis 500 on Sunday, May 25th.

Spectrum will also have placements on the No. 60 Honda Indy car driven by Felix Rosenqvist and the No. 06 Honda Indy car driven by four-time Indianapolis 500 winner Helio Castroneves.

Armstrong will head into Indianapolis 500 practice this week with a striking Spectrum blue livery on his car. With more than 31 million customers across 41 states, Spectrum is the #1 TV provider in the nation¹, with video packages geared towards sports fans and the top streaming apps included at no extra cost. Spectrum’s focus on providing seamless entertainment and connectivity products – including the nation’s fastest and most reliable internet² – works hand-in-hand with MSR’s goals on and off track during the Month of May.

“We’re really excited to have Spectrum onboard with us for the Indianapolis 500,” said Mike Shank, MSR Team Co-Owner. “It’s always special to align with a brand that shares our passion for performance, precision, and pushing the limits. Having Spectrum adds real momentum to our effort with Marcus [Armstrong], and we’re proud to represent their colors on the biggest stage in racing.”

The collaboration will not only see Spectrum enter the motorsports realm, but the national brand will be centerstage for the country’s largest attended single day sporting event, with 350,000 race fans present. Just like the Indy 500 tradition of drinking milk in Victory Lane, Spectrum brings its own time-honored tradition of exceptional service, speed, and reliability to Indianapolis Motor Speedway.

“The Indy 500 represents the pinnacle of speed and performance, and that makes it the perfect stage for our brand,” said Sharon Peters, Executive Vice President, Chief Marketing Officer for Spectrum. “As the provider of the nation’s fastest internet, we know what it takes to always deliver at full throttle. Sponsoring these incredible race cars is our way of showing up where speed matters most, and we cannot wait to cheer MSR on at the Brickyard.”

MSR will begin Indianapolis 500 practice starting on Tuesday, May 13th which will see the No. 66 Spectrum Honda take to the track for the first time. The 109th Running of the Indianapolis 500 is set for Sunday, May 25th with live coverage on FOX.

¹Based on earnings results of paid TV video providers with linear programming.

²Fastest Speeds claim based on Broadband Download Speed among the top 5 national providers in Opensignal USA: Fixed Broadband Experience Report – National View, May 2024. Based on Opensignal independent analysis of mean download speed. © 2024 Opensignal Limited.

About Spectrum 
Spectrum is a suite of advanced communications services offered by Charter Communications, Inc. (NASDAQ:CHTR), a leading broadband connectivity company and cable operator with services available to more than 57 million homes and businesses in 41 states. Over an advanced communications network, supported by a 100% U.S.-based workforce, the Company offers a full range of state-of-the-art residential and business services including Spectrum Internet®, TV, Mobile and Voice.

More information can be found at corporate.charter.com

About MSR
Meyer Shank Racing (MSR) is a championship-winning motorsports team competing in the NTT INDYCAR SERIES and IMSA WeatherTech SportsCar Championship. Founded by Mike Shank and headquartered in Pataskala, Ohio, MSR has established itself as a premier team with a reputation for innovation, perseverance, and performance. The team is a three-time overall winner at the prestigious Rolex 24 at Daytona and is a multi-IMSA championship winning team. In addition to its sports car racing success, MSR is the 2021 Indianapolis 500 winner in NTT INDYCAR SERIES competition with the team debuting in the series in 2017. With a focus on engineering excellence and driver development, Meyer Shank Racing continues to push the boundaries of motorsport in North America.

For more information visit www.meyershankracing.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/spectrum-joins-meyer-shank-racing-for-the-109th-running-of-the-indianapolis-500-302454069.html

SOURCE Charter Communications, Inc.

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RS and ebm-papst enable renewable energy infrastructure

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ebm-papst leveraged its 60+ years of rigorous R&D experience in air-moving technologies to launch two fan series engineered to help customers solve critical cooling challenges in the renewable energy industry. Both are now in stock at RS, providing customers with quick and easy access and proven technical support.

FORT WORTH, Texas, May 13, 2025 /PRNewswire/ — RS, a global product and service solutions provider for industrial customers, offers an extensive portfolio of ebm-papst fans engineered to maximize efficiency, significantly reduce power consumption, and minimize noise, including two new series optimized to help customers solve critical cooling challenges in the renewable energy industry.

ebm-papst’s economical, high-efficiency, low-noise fans solve tough cooling challenges in the renewable energy industry.

The renewable energy industry is experiencing significant growth fueled by a combination of customer demands, climate concerns, and government initiatives. Electric vehicle (EV) sales, for instance, have soared, creating an increased need for the infrastructure required to support them. The number of EV charging ports in the U.S. grew from around 184,000 in 2023 to around 204,000 in 2024, representing a roughly 11% increase in publicly accessible medium-power and fast-charging technologies. In addition, the cumulative storage capacity of large-scale lithium-ion battery energy storage systems (BESS) in the U.S. surged from just 16 gigawatts (GW) in 2023 to a record-breaking 26.3GW in 2024, representing a roughly 64% increase.

EV charging stations and BESS generate a significant amount of heat and are continually evolving, incorporating new, more advanced components to drive increased performance. Unfortunately, the more electronic components there are in a system, the more heat those systems generate, and heat is the mortal enemy of electronics — slashing efficiencies, shortening product lifespans, and increasing the risk of failure.

As such, these systems rely on an assortment of thermal management technologies, including fans, a comparatively simple and cost-effective active cooling technology, to dissipate heat and maintain a safe operating temperature. A typical DC fast charger, for example, can contain as many as 20–25 small- to medium-sized axial fans in addition to higher pressure fans with backward curved impellers.

To satisfy the challenging thermal management demands of these and other densely populated electronic systems, ebm-papst leveraged its more than 60 years of rigorous research, design, and development experience in air-moving technologies to launch the high-performance AxiForce and W3G300–ME46 series fans — both of which are engineered to deliver high efficiency, low noise, and low vibration while remaining economically competitive.

ebm-papst AxiForce series fans have an innovative, aerodynamic housing and fan blade design that makes them both quieter and more energy efficient than their predecessors and competitors. Their steep air performance curve delivers maximum efficiency, which reduces power requirements and heat generation and extends their lifespan, and their small form factors support installation flexibility and broad application suitability. In addition to a high cooling capacity, AxiForce series compact tubeaxial fans provide an acoustic noise advantage of up to 6dB(A), environmental protection up to IP68, and the ability to network with device logic. They also achieve pressures of up to 4.8 inches of water gauge (in. WG) or 1,200 Pascals. This series is currently available in 80, 120, and 172mm models, with additional sizes to come later this year, and ideal applications include EV chargers, industrial control cabinets, and applications with high back pressure.

The new ebm-papst W3G300–ME46 series fans are larger than AxiForce fans at 300mm in diameter and are specifically designed to meet the needs of outdoor renewable energy applications, like high-power EV chargers and BESS. These electronically commutated (EC) fans combine AC and DC voltages to provide very high power densities and don’t need to be connected to the grid, which protects them from exposure to voltage fluctuations and frequency deviations. They also offer thermal overload protections, locked rotor detection, and motor current limiting and can be built locally in the U.S., which helps minimize delivery timelines. In addition, since they’re often mounted at the top of renewable energy devices, where exposure to moisture and direct sunlight is greatest, they’re qualified using the ISO16750 harsh environment automotive standard, which exposes the fans to ice, rain, sun, wind, and washing substances to ensure safe and reliable operation in even the most extreme conditions.

To learn more about the vast selection of ebm-papst fan and thermal management products available at RS, including the AxiForce series fans and the new W3G300–ME46 series fans, visit the links embedded here and check out the company’s most recent RS Expert Advice article, “Cooling eMobility and renewable energy infrastructure,” an interview with Todd Cardillo, the Director of Renewable and Industrial Markets at ebm-papst.

To view the complete RS portfolio of ebm-papst products or the company’s other contributions to the RS Expert Advice series, visit the links embedded here. For assistance identifying, procuring, deploying, and maintaining ebm-papst air-moving solutions optimized to solve critical cooling challenges in the renewable energy industry and beyond, please contact your local RS representative at 1.866.433.5722 or reach out to the RS technical support team.

About RS 
RS is a global product and service solutions provider for industrial customers, enabling them to operate efficiently and sustainably. 

We operate in 36 markets, stock over 800,000 industrial and specialist products, and list an additional five million relevant for our industrial customers, sourced from over 2,500 suppliers. This extensive range supports our customers across the industrial lifecycle of designing, building, and maintaining equipment and operations. We enhance their experience through a tailored service model, leveraging our efficient physical, digital, and process infrastructure sustainably. We combine a technically led and digitally enabled approach with an exceptional team of experts; ultimately, it’s our people that make the difference.

Our purpose, making amazing happen for a better world, reflects our focus on delivering results for people, planet, and profit. 

RS Group plc is listed on the London Stock Exchange with stock ticker RS1 and in the year ended 31 March 2024 reported revenue of £2,942 million.

For more information, please visit https://www.rsgroup.com/ or connect with us on LinkedIn or X (Twitter).

About RS in the Americas
In the Americas region, RS stocks more than 250,000 industrial and electronic products from more than 700 trusted suppliers. These solutions cover categories extending from automation and control equipment to interconnect, passive, active, and electromechanical components and include more than 80,000 high-quality, competitively priced RS PRO products. For more information, please visit https://us.rs-online.com or connect with us via social media on FacebookX (Twitter), LinkedIn, and YouTube.

Image Download:
ebm Renewables PR.jpg

Editorial Contact & Media Inquiries:
Erica Goode, RS Director of Marketing – U.S. and Canada
Erica.Goode@rsgroup.com

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SOURCE RS

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Broadridge Declares Quarterly Dividend of $0.88 Per Share

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NEW YORK, May 13, 2025 /PRNewswire/ — Broadridge Financial Solutions, Inc. (NYSE:BR) announced that its Board of Directors has declared a quarterly cash dividend of $0.88 per share. The dividend is payable on July 2, 2025 to stockholders of record at the close of business on June 12, 2025.

About Broadridge

Broadridge Financial Solutions (NYSE: BR), a global Fintech leader with over $6 billion in revenues, provides the critical infrastructure that powers investing, corporate governance and communications to enable better financial lives. We deliver technology-driven solutions to banks, broker-dealers, asset and wealth managers and public companies. Broadridge’s infrastructure serves as a global communications hub enabling corporate governance by linking thousands of public companies and mutual funds to tens of millions of individual and institutional investors around the world. In addition, Broadridge’s technology and operations platforms underpin the daily trading of on average more than U.S. $10 trillion of equities, fixed income and other securities globally. A certified Great Place to Work®, Broadridge is a part of the S&P 500® Index, employing over 14,000 associates in 21 countries. For more information about Broadridge, please visit www.broadridge.com.           

Contact Information 

Investors
broadridgeir@broadridge.com

Media
Gregg.rosenberg@broadridge.com

 

View original content:https://www.prnewswire.com/news-releases/broadridge-declares-quarterly-dividend-of-0-88-per-share-302454076.html

SOURCE Broadridge Financial Solutions, Inc.

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