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Thousands of New EV Chargers Across Canada Will Support Canadians’ Green Transportation Choices

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WEST VANCOUVER, BC, Sept. 13, 2024 /CNW/ – Making the switch to an electric vehicle (EV) is a win-win for families looking to save money while reducing pollution. Due to cheaper refuelling and lower maintenance costs, most EVs cost less than their gas engine counterparts over their lifetime. Canadians are also benefiting from federal investments across the EV supply chain, which are positioning Canada as a leader in the growing global EV market and creating good manufacturing jobs across the country.

Today, the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, alongside Member of Parliament Patrick Weiler, announced federal investments of $14.9 million for 20 projects that will install more than 3,000 EV chargers across Canada, while raising awareness of the benefits of EVs and advancing training and code upgrades to ensure more communities have access to current information and opportunities to seize the potential of EVs.

The projects announced today include a federal investment of $1.5 million for Plug ‘N Drive to raise awareness and help address challenges related to awareness, knowledge, confidence and adoption of ZEVs and lower-carbon trucks. The funding, which will support outreach and education activities, was provided through Natural Resources Canada’s Zero-Emissions Vehicles Awareness Initiative (ZEVAI).

Today’s announcement also includes an investment of more than $3.1 million through the Green Infrastructure Stream of Housing, Infrastructure and Communities Canada’s Investing in Canada Infrastructure Program. Through the CleanBC Communities Fund, federal and provincial funding support community infrastructure projects that reduce greenhouse gas emissions. Funding will go toward two projects in British Columbia that will provide more options for electric vehicle charging.

The investments announced today support requirements included in the recent Electric Vehicle Availability Standard, which aims to further accelerate the Canadian adoption of zero-emission vehicles (ZEVs), ultimately contributing to the national targets of all new light-duty vehicles sales being ZEV by 2035.

Since 2020, automotive and battery manufacturers have announced investments in Canada of more than $34 billion to transition to electric vehicle production and to establish a battery supply chain. The government has also worked to secure critical battery manufacturing investments through special contribution agreements and the Clean Technology Manufacturing Investment Tax Credit. Together, these investments are creating thousands of sustainable jobs across the EV value chain.

From battery manufacturing to public charging stations, the Government of Canada is supporting Canadians in making affordable and green transportation choices.

Quotes

“As Canadians use more e-bikes, e-buses, EVs and chargers, the Government of Canada is investing in information and infrastructure to support a public transition to zero-emission mobility and help Canadians save money on gas. We’re also making electric vehicles more affordable and electric charging more available where Canadians live, work, travel and play. Investing in more EV projects, like the ones announced today, will put Canadians in the driver’s seat on the road to a strong, healthy net-zero future.” 

The Honourable Jonathan Wilkinson 
Minister of Energy and Natural Resources Canada

“Electric vehicles are an invaluable tool in combating the impacts of climate change. We are working on the ground and behind the scenes on projects that build the infrastructure needed to support them. At the same time, we’re working with partners across the country to communicate their benefits while building a sustainable transportation network that works for all Canadians.”

The Honourable Sean Fraser
Minister of Housing, Infrastructure and Communities Canada

“We’re driving the switch to electric vehicles — they’re the cleaner and more affordable option for British Columbians. These investments will expand our fast-growing network of charging stations, allowing more communities and people to access clean transportation options that help cut both climate pollution and fuel and maintenance costs.”

The Honourable George Heyman
 Minister of Environment and Climate Change Strategy, Government of British Columbia

Quick Facts

The Zero Emission Vehicle Infrastructure Program provides funding to support the installation of EV chargers in multi-unit residential buildings, at workplaces, on-street and along highways, at public places and where EV fleets are serviced.RCan’s Energy Innovation Program advances clean energy technologies that will help Canada meet its climate change targets while supporting the transition to a low-carbon economy. It funds research, development and demonstration projects and other related scientific activities. Before hitting the roads, Canadians can easily map out their route by consulting Natural Resources Canada’s (NRCan) Electric Charging and Alternative Fuelling Stations Locator. On-road transportation accounts for about 18 percent of Canada’s total greenhouse gas emissions.The Government of Canada has allocated over $1 billion in funding to support the deployment of electric vehicle charging stations across the country. As of August 2024, a total of 41,799 chargers have been funded through NRCan’s EV infrastructure programs. Provincial incentive programs are also available to help more Canadians purchase or lease an EV.The CleanBC Communities Fund provides federal and provincial funding for community infrastructure projects that reduce greenhouse gas emissions through a decreased reliance on fossil fuels, focusing on renewable energy, access to clean-energy transportation, improved energy efficiency of buildings and the generation of clean energy.The Green Infrastructure Stream of the Housing, Infrastructure and Communities Canada’s Investing in Canada Infrastructure Program helps build greener communities by contributing to climate change preparedness, reducing greenhouse gas emissions and supporting renewable technologies.

Related Information

Backgrounder: Government of Canada Investments in Electric Vehicles Canada implementing measures to protect Canadian workers and key economic sectors from unfair Chinese trade practicesZEV Resource HubZero-emission vehicle infrastructure fundingCharging and Hydrogen Refuelling Infrastructure initiative2030 Emissions Reduction Plan: Clean Air, Strong EconomyCanada’s Electric Vehicle Availability Standard (regulated targets for zero-emission vehicles)

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SOURCE Natural Resources Canada

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Bybit Renews P2P Super Deal with Up to 99% Savings for New Users

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DUBAI, UAE, Nov. 3, 2026 /PRNewswire/ — Bybit, the New Financial Platform trusted by more than 80 million users worldwide, has launched the latest round of its Bybit P2P Super Deal, a new-user exclusive promotion offering guaranteed coupons worth up to 99 USDT and savings of up to 99% on eligible P2P orders.

From now to March 30, 2027, P2P Super Deal continues Bybit’s long-running tradition of rewarding newcomers with meaningful incentives as they begin their crypto journey on the platform’s popular peer-to-peer marketplace.

Eligible new users may complete a first-time deposit or trade of just 10 USDT via Bybit P2P to unlock a guaranteed coupon valued between 10 and 99 USDT, which can be applied to the next eligible P2P order for savings of up to 99%.

How It Works

Signing up and verifications: New users must create a Bybit account and complete the necessary identity verification and visit P2P Super Deal to confirm eligibility.First deposit starting at 10 USDT: Participants can locate the “P2P Super Deal” task on the Bybit P2P Trading page and complete an initial deposit.Lucky draw chance: Upon completing the deposit task, a spin of the lucky draw wheel offers a chance to win a coupon valued at up to 99 USDT.Applying the coupon: The coupon can be applied to the next P2P order, reducing the fiat amount paid and delivering savings of up to 99%.

The latest Bybit P2P Super Deal presents a bonus opportunity. For participants who complete an eligible trading or deposit task at 100 USDT or more, an additional spin is available for them to unlock more chances to win higher-value rewards.

Bybit offers year-round benefits for the trading community across its products and services. Bybit P2P combines zero trading fees, support for a wide range of fiat currencies, and an enterprise-grade escrow system, making it an intuitive and powerful platform for both new and experienced traders.

More details on event mechanics, eligibility, and terms and conditions are available at: Learn more about the P2P Super Deal

#Bybit  / #NewFinancialPlatform 

About Bybit

Bybit is The New Financial Platform.

We believe every person should have access to every financial opportunity on earth. That’s why we’re building the first intelligent platform that connects anyone, anywhere to the world’s finance.

Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.

Built for everyone. Powered by intelligence. Open to the world.

Learn more at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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Asset manager margins squeezed as infrastructure bill climbs, PwC finds

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Infrastructure moves up the strategic agenda as asset managers confront margin pressure

LUXEMBOURG, Nov. 3, 2026 /PRNewswire/ — Infrastructure is moving from the back office to the centre of asset managers’ strategy. With profit per AuM down 19% since 2018 and projected to fall another 9.1% by 2030, decisions on what to build, buy or access through partners now shape how firms compete, according to PwC’s Global Asset Management Infrastructure: Rethinking the industry’s piping report. 67% say fee compression is limiting their ability to invest.

Spending is also tied to the past: only 23% of asset managers direct most of their technology budget to new capabilities, while 29% spend more than 70% of it maintaining legacy systems.

Surveying 150 asset managers and 50 infrastructure providers, the report finds AI is sharpening these constraints. Some 24% cite data fragmentation and 17% legacy systems as major barriers to scaling AI.

Roland Kastoun, Global Asset and Wealth Management Advisory Leader, PwC, notes: “The industry’s profits per dollar managed have fallen by almost a fifth, and the bill for the pipes keeps rising. The managers who survive the next five years won’t be the ones with the flashiest AI, but rather the ones who fixed the so-called boring stuff first.”

Market data is seen as poor value for money, with 58% ranking it among the most expensive infrastructure layers relative to the value delivered, ahead of regulatory reporting systems (47%) and core technology platforms (46%).

Meanwhile, some 70% of infrastructure providers expect a larger share of industry revenues, while 68% name hyperscale cloud providers as the main emerging threat.

“Seven in ten infrastructure providers expect to take a bigger slice of the pie, which tells you where the power in this industry is quietly shifting,” said Björn Ebert, Financial Services Leader, PwC Luxembourg.

Some 44% favour hybrid sourcing models combining in-house, bought and partnered capabilities, compared with 21% who prefer to buy, 18% to partner and 13% to build in-house.

The report identifies four emerging infrastructure archetypes, namely infrastructure orchestrators, digital and tokenisation platforms, specialist modular providers and integrated asset managers. No single model fits every firm. Each must decide what to own, what to standardise and where a specialist can do the job better. Those who decide early will be better placed to protect margins through 2030.

Media Contact
Penta Group, pwc@pentagroup.com

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Temu Partners with Latvian IT Cluster to Help Local Businesses Grow Online

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RIGA, Latvia, Nov. 3, 2026 /PRNewswire/ — Temu has signed a memorandum of understanding (MoU) with the Latvian IT Cluster (Latvijas IT klasteris) to support Latvia’s digital business ecosystem, providing local small and medium-sized enterprises (SMEs) with broader access to digital tools, knowledge, and international e-commerce opportunities.

Under the MoU, Temu will collaborate with the Latvian IT Cluster on its programs and activities, host educational webinars and exchange insights with local industry experts. The collaboration brings together Temu’s experience as an international marketplace operator and Latvian IT Cluster’s work helping businesses across sectors adopt digital tools.

Temu and Latvian IT Cluster hosted “The Path to Growth: Navigating E-commerce for European SMEs” on Oct. 20, drawing participants from local businesses across various industries. The webinar covered Temu’s Local Seller Program, logistics and regulatory requirements, and included a Q&A with Temu representatives.

“We are delighted to welcome Temu as a member of the Latvian IT Cluster. The involvement of internationally recognized companies in our ecosystem creates new opportunities for Latvian businesses to gain valuable knowledge, build connections, and strengthen their competitiveness,” said Aiga Irmeja, Chair of the Board at Latvian IT Cluster. “We are pleased that our partnership has already resulted in joint activities exploring e-commerce opportunities in Europe, and we hope this is just the first step towards further joint initiatives that will support the presence of Latvian businesses in the digital economy and international markets.”

The focus on practical guidance and direct dialogue responds to the challenges of complexity and connection, two of the key barriers to growth identified in Temu’s recent Small Business Insights Report, which was informed by meetings and discussions with over 100 European trade organizations.

“We want more small businesses in Latvia to benefit from the opportunities that e-commerce creates,” said a Temu spokesperson. “Working with Latvian IT Cluster brings us closer to local entrepreneurs, helping us understand their needs and support their ambitions to reach new customers and grow across Europe.”

Temu opened its Local Seller Program to businesses in Latvia in October 2025. In March 2026, it signed a logistics MoU with national postal operator Latvijas Pasts to support delivery and returns for local sellers.

About Temu

Temu is a global e-commerce platform connecting consumers with millions of manufacturers, brands and business partners. Operating in more than 90 markets worldwide, Temu is committed to providing affordable, high-quality products that enable customers to live better lives.

About Latvian IT Cluster

Latvian IT Cluster is an ICT association with around 100 members and 20 years of experience in advancing Latvia’s digital ecosystem. Through national and international initiatives, including the European Digital Innovation Hub, Digital Europe, Team Latvia and AI Studio, the association fosters innovation, digital transformation, knowledge sharing and cross-sector collaboration.

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