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Government of Canada Takes Strides to Advance Decarbonization of Heavy-Emitting Industries in British Columbia

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SQUAMISH, BC, Nov. 28, 2024 /CNW/ – Carbon management technologies and alternative clean fuel sources will play an important role in the decarbonization and competitiveness of Canada’s economy. Recognizing the urgency of climate action, the Government of Canada is working to strengthen the country’s advantages in these areas.

Today, the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, announced $5 million in funding for Squamish-based Carbon Engineering ULC under the Energy Innovation Program to support the development of new, alternative energy solutions for powering direct air capture (DAC) systems, which pull carbon dioxide (CO2) from the air. The project also aims to explore further electrification of the DAC process, which can address CO2 emissions from anywhere by decoupling the source of the emissions from the point of capture, providing an important tool to support a low-carbon future.

Once successfully developed, these technologies are expected to offer environmental benefits through reducing the DAC facility’s land footprint and further improving the existing resource efficiency of current DAC processes while strengthening Canada’s leadership in carbon management technologies. 

Minister Wilkinson also announced an additional $7.5 million for five projects to accelerate the development of clean technologies that can significantly mitigate emissions from industrial activities in British Columbia, including:

$2.5 million to British Columbia Biocarbon Ltd.$1.8 million to Arca Climate Technologies Inc.$1.5 million to the University of British Columbia$980,500 to Parkland Refining (BC) Ltd.$710,000 to Highbury Energy Inc.

Through the work of the Regional Energy and Resource Tables, a carbon management profile for British Columbia was provided, detailing the province’s carbon management leadership, opportunities and regulatory framework.

Quotes 

“With a thriving research and development sector, British Columbia is well positioned to leverage the expertise of established innovators leading projects that reduce emissions and drive net-zero-focused innovation in Canada. The Government of Canada is committed to working with British Columbia and other provinces and territories to help achieve Canada’s climate objectives.”

The Honourable Jonathan Wilkinson
Minister of Energy and Natural Resources 

“British Columbia continues to drive innovations that are cutting emissions and creating meaningful jobs for people. The federal government’s support for projects like Carbon Engineering’s air-capture technology shows our province’s shared commitment to building a greener, more sustainable future for generations to come.”

The Honourable Adrian Dix
Minister of Energy and Climate Solutions

“Canada is a world leader in clean technologies, and British Columbian innovations and companies are the driving force behind it. Canada is advancing Carbon Engineering’s Squamish-developed direct air capture technology as part of our work to seize regional economic opportunities in this fast-growing sector that will continue to create good local jobs, secure long-term prosperity and fight climate change.”

Patrick Weiler
Member of Parliament for West Vancouver–Sunshine Coast–Sea to Sky Country

Quick Facts 

Budget 2021 committed $319 million over seven years into research, development and demonstrations (RD&D) to advance the development and commercial viability of CCUS technologies.  NRCan is delivering on this commitment through the Energy Innovation Program, which 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.  The Government of Canada is also prioritizing the implementation of major economic investment tax credits (ITCs), including the CCUS ITC, as part of Canada’s economic plan to reach net-zero. Carbon management technology and systems, and clean fuels/hydrogen have been identified as key areas of economic opportunity under the British Columbia Regional Energy and Resource Table (Regional Table) – Framework for Collaboration on the Path to Net-Zero (Collaboration Framework).The British Columbia Collaboration Framework, released on June 27, 2023, was the first of its kind to emerge from the eleven Regional Tables launched to date. The Regional Tables are joint partnerships between the federal government and individual provincial and territorial governments in collaboration with Indigenous partners — and with input from key stakeholders — to identify and accelerate shared economic priorities for a low-carbon future in the energy and resource sectors.  

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Backgrounder: Government of Canada Takes Strides to Advance Decarbonization of Heavy Emitting Industries in British Columbia 

Associated Links 

Energy Innovation Program Carbon Management Strategy for Canada Carbon Capture, Utilization and Storage in British ColumbiaCanada–British Columbia Regional Energy and Resource TablesClean Fuel Regulations Clean Fuels Fund Investing in Research, Development and Demonstration Projects in CanadaClean Economy Investment Tax Credits

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SOURCE Natural Resources Canada

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BCE reports results of Series S and T preferred share conversions

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MONTRÉAL, Oct. 19, 2026 /CNW/ — BCE Inc. (TSX: BCE) (NYSE: BCE) today announced that 400 of its 4,798,333 fixed-rate Cumulative Redeemable First Preferred Shares, Series T (“Series T Preferred Shares”) have been tendered for conversion on November 2, 2026, on a one-for-one basis, into floating-rate Cumulative Redeemable First Preferred Shares, Series S (“Series S Preferred Shares”). In addition, 676,765 of its 1,866,877 Series S Preferred Shares have been tendered for conversion on November 2, 2026, on a one-for-one basis, into Series T Preferred Shares. Consequently, on November 2, 2026, BCE will have 5,474,698 Series T Preferred Shares and 1,190,512 Series S Preferred Shares issued and outstanding. The Series T Preferred Shares and the Series S Preferred Shares will continue to be listed on the Toronto Stock Exchange under the symbols BCE.PR.T and BCE.PR.S, respectively.

The Series T Preferred Shares will pay on a quarterly basis, for the five-year period beginning on November 2, 2026, as and when declared by the Board of Directors of BCE, a fixed cash dividend based on an annual fixed dividend rate of 5.523%.

The Series S Preferred Shares will continue to pay a monthly floating adjustable cash dividend for the five-year period beginning on November 2, 2026, as and when declared by the Board of Directors of BCE. The monthly floating adjustable dividend for any particular month will continue to be calculated based on the prime rate for such month and using the Designated Percentage for such month representing the sum of an adjustment factor (based on the market price of the Series S Preferred Shares in the preceding month) and the Designated Percentage for the preceding month.

About BCE
BCE is Canada’s largest communications company1, leading the way in advanced fibre and wireless networks, enterprise services and digital media. By delivering next-generation technology that leverages cloud-based and AI-driven solutions, we’re keeping customers connected, informed and entertained while enabling businesses to compete on the world stage. To learn more, please visit Bell.ca or BCE.ca.

1 Based on total revenue and total combined customer connections.

Media inquiries:
Ellen Murphy
media@bell.ca

Investor inquiries:
Krishna Somers
krishna.somers@bell.ca

View original content:https://www.prnewswire.com/news-releases/bce-reports-results-of-series-s-and-t-preferred-share-conversions-302913268.html

SOURCE BCE Inc.

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3M announces collaboration with GSEO to advance Expanded Beam Optical manufacturing and development

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ST. PAUL, Minn., Oct. 19, 2026 /PRNewswire/ — 3M (NYSE: MMM) today announced a collaboration with Genius Electronic Optical Co., Ltd. (GSEO, Taiwan: 3406), an optical technology company, to advance technology development and manufacturing for 3M’s Expanded Beam Optical (EBO) solutions. In support of these efforts, 3M expects to make a strategic investment to acquire approximately 4.7% of GSEO’s common shares as part of the company’s private placement of newly issued shares, subject to customary closing conditions.

The collaboration brings together 3M’s EBO technology leadership, optical interconnect expertise, materials science, manufacturing scale and customer relationships with GSEO’s precision optics manufacturing capabilities and production scale. Together, the companies aim to support EBO commercialization and long-term capacity expansion to meet growing demand from hyperscale data centers and other advanced connectivity applications.

“3M is investing in capabilities and partnerships that can accelerate innovation for our customers,” said William Brown, 3M Chairman and CEO. “By selecting GSEO as a manufacturing partner and investing in the company, we are strengthening the path to scale next-generation optical connectivity solutions for high-performance data center infrastructure.”

GSEO’s existing precision optics manufacturing capabilities and technical development experience are expected to support manufacturing readiness for 3M’s EBO ferrules, co-packaged optics solutions and related optical interconnect applications. The collaboration is part of 3M’s broader EBO ecosystem strategy, which includes continued work with customers and partners across the optical interconnect market.

“GSEO is pleased to expand its relationship with 3M as we work together to advance optical interconnect solutions for next-generation data center infrastructure,” said Micro Kuo, GSEO CEO and President. “This collaboration brings together complementary technology and manufacturing strengths to support continued innovation and help meet the performance demands of high-growth connectivity markets.”

3M expects the strategic investment to close in the fourth quarter of 2026, subject to customary closing conditions.

Forward-Looking Statements
Certain statements in this release are considered “forward-looking statements” under the federal securities laws, including the Private Securities Litigation Reform Act of 1995, as amended, and are intended to enjoy the protection of those laws. Forward-looking statements may appear throughout this release and are typically identified by the words “aim,” “anticipate,” “believe,” “can,” “continue,” “could,” “estimate,” “evaluate,” “expect,” “forecast,” “future,” “goal,” “guidance,” “impact,” “initial,” “intend,” “likely,” “may,” “outlook,” “plan,” “possible,” “potential,” “predict,” “probable,” “project,” “seek,” “should,” “strategy,” “target,” “will,” “would,” and other words that are similar to, or have the opposite meanings of, those words. Forward-looking statements speak only as of the date they are made, 3M assumes no duty to update those statements, and readers are cautioned not to place undue reliance on any of those statements. Forward-looking statements are based on certain assumptions and expectations of future events and trends that are subject to risks and uncertainties, including those described in Part I, Item 1A, “Risk Factors” of 3M’s Form 10-K for the year ended December 31, 2025.

About 3M
3M (NYSE: MMM) is focused on transforming industries around the world by applying science and creating innovative, customer-focused solutions. Our multi-disciplinary team is working to solve tough customer problems by leveraging diverse technology platforms, differentiated capabilities, global footprint, and operational excellence. Discover how 3M is shaping the future at 3M.com/news.

Contacts
3M
Investor Contact:
Diane Farrow, 612-202-2449
Media Contact:
3MNews@mmm.com 

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SOURCE 3M Company

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Scott Vicknair Personal Injury Lawyers Announces Second Annual Operation Fur-Ever Home Pet Adoption Event at Lafreniere Park

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NEW ORLEANS, Oct. 19, 2026 /PRNewswire/ — Scott Vicknair Personal Injury Lawyers is excited to announce the return of its second annual Operation Fur-Ever Home, a free community pet adoption event taking place on Saturday, November 14, 2026, from 9:00 a.m. to 11:00 a.m. at Lafreniere Park in Metairie, Louisiana.

The free, family-friendly event will give attendees the opportunity to meet adoptable pets from local animal shelters, learn about responsible pet ownership, and potentially welcome a new furry companion into their homes. Those who preregister for the event will also be entered for a chance to win a Soundcore speaker and a free pet adoption.

“Last year’s event was everything we hoped it would be, and we are incredibly excited to bring Operation Fur-Ever Home back for a second year,” said David Vicknair, founding partner of Scott Vicknair Personal Injury Lawyers. “There is something special about watching a family meet a pet that could become part of their lives for years to come. We wanted to create another opportunity to make those connections while supporting the organizations that work tirelessly to care for animals in our community.”

Building on the success of the first event, this year’s event continues the firm’s commitment to supporting local animal shelters and creating meaningful opportunities for families throughout Southeast Louisiana.

“Giving back to our community has always been an important part of who we are as a firm,” said Vicknair. “Whether we are helping students prepare for school, recognizing deserving teachers, or supporting local animal shelters, our goal is to make a positive difference in the communities we serve.”

Operation Fur-Ever Home is free and open to the public. Families, animal lovers, and anyone interested in adopting a pet are encouraged to attend and preregister.

About Scott Vicknair Personal Injury Lawyers

Scott Vicknair Personal Injury Lawyers is a New Orleans-based personal injury firm committed to providing exceptional legal representation while also investing in the communities it serves. Their experienced team of dedicated attorneys specializes in car accidents, personal injury, and wrongful death cases in New Orleans. With diverse personal and professional backgrounds, they craft legal strategies tailored to each client’s specific case and needs.

View original content:https://www.prnewswire.com/news-releases/scott-vicknair-personal-injury-lawyers-announces-second-annual-operation-fur-ever-home-pet-adoption-event-at-lafreniere-park-302913183.html

SOURCE Scott Vicknair Personal Injury Lawyers

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