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Prime Minister Carney deepens partnership with Saudi Arabia across trade, education, technology, and critical minerals

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JEDDAH, Saudi Arabia, July 9, 2026 /CNW/ – The global landscape is rapidly changing, creating uncertainty for economies, businesses, and workers. In response, Canada is focused on what we can control: building our strength at home, diversifying our trade partnerships, and cultivating a dense web of new connections. That means deepening ties with the largest, most ambitious economies around the world.

Saudi Arabia is Canada’s second-largest trading partner in the Middle East, supporting tens of thousands of Canadian jobs, and with rapidly growing ties across education, energy, defence, critical minerals, and advanced technologies. With a $1.8 trillion economy and an ambitious economic transformation agenda under Vision 2030, Saudi Arabia offers significant opportunities for Canadian workers, businesses, and expertise.

To deepen this partnership, the Prime Minister, Mark Carney, travelled to Jeddah, Saudi Arabia – the first visit to the country by a Canadian Prime Minister in 26 years. During the visit, the Prime Minister met with the Crown Prince and Prime Minister of Saudi Arabia, His Royal Highness Mohammed bin Salman. Together they issued a joint statement with key commitments to deepen cooperation across trade, technology, mining and natural resources, energy, health, education, people-to-people ties, and defence.

In Jeddah, Canada and Saudi Arabia signed new 13 new commercial agreements and memorandums of understanding (MOUs) worth over $1 billion – spanning health technology, mining, infrastructure, and defence. This will enable:

Canadian firms supporting mining, critical minerals, and clean energy projects in Saudi Arabia.Canadian infrastructure companies helping to deliver Vision 2030 projects, including roads and rail lines.Canadian health technology companies deploying Canadian-made capabilities from patient monitoring and clinical decision-support technologies to surgical intelligence platforms.Experts from Canadian colleges training the next generation of the Saudi workforce, including construction, skilled trades, medicine, and technology.

To unlock bilateral investment and create thousands of jobs for both countries, Canada and Saudi Arabia agreed to deepen collaboration on:

Energy, through a MOU to attract investment in major projects, expand trade, and strengthen cooperation on LNG, renewable energy, hydrogen, and carbon capture and storage.Artificial intelligence, through a MOU to advance collaboration in AI development, deployment, and commercialisation.Defence and security, by committing to finalise a MOU on defence cooperation.Canada will also establish a resident Defence Attaché presence in Riyadh to increase the frequency and depth of bilateral engagements and increase exports from Canada’s defence sector.

Progress was made on two additional commercial partnerships as well:

Cohere, a leading Canadian sovereign AI company and Saudi Arabia’s HUMAIN, today announced a strategic AI compute collaboration to provide dedicated AI infrastructure for the next generation of frontier AI models. This partnership will enable the development of AI solutions and special-purpose sovereign AI models.As part of this partnership, HUMAIN will designate at least 50 megawatts of dedicated AI compute capacity to support Cohere’s next-generation foundation models.BlackBerry and Aramco Digital have commenced discussions to explore opportunities for collaboration to advance sovereign secure communications and next-generation industrial technology in Saudi Arabia.

To strengthen the Canada-Saudi Arabia partnership in the coming months, Prime Minister Carney announced that Canada will:

Lead a delegation of Canada’s pension funds to Saudi Arabia to explore long-term investment opportunities and strengthen partnerships in sectors such as energy and AI.Participate in Expo 2030, a six-month World Expo bringing together countries to showcase innovation, trade, and investment opportunities – to be held in Riyadh from October 1, 2030, to March 31, 2031.Have a national pavilion at the World Defence Show in Riyadh in January 2028.Advance a strategic partnership between Canadian and Saudi Arabian educational institutions to support the professional development of Saudi Arabian early childhood and English language educators.

The Prime Minister and the Crown Prince announced that they will conclude negotiations for a Foreign Investment Promotion and Protection Agreement (FIPA) by the end of 2027. This will enable Canadian businesses to more easily expand their operations in and attract investment from Saudi Arabia. Canada and Saudi Arabia also launched negotiations for a new double-taxation agreement to make it easier for Canadians to work and invest in Saudi Arabia and vice versa.

Canada and Saudi Arabia are complementary economies with shared ambitions to expand trade, attract investment, and diversify their economies. Deepening the partnership will support Canada’s efforts to grow non-U.S. exports, attract investment, and strengthen collaboration in strategic sectors – creating new opportunities for Canadian businesses and workers.

Quotes
“Canada and Saudi Arabia have both embarked on ambitious new missions to transform their economies. To that end, we are harnessing each other’s strengths across minerals and mining, technology, energy, and commerce. Canada has what the world wants. We are cultivating a dense web of new connections to diversify our trade, create new opportunities for our workers and businesses, and deliver greater security and prosperity for all Canadians.”
— The Rt. Hon. Mark Carney, Prime Minister of Canada

“As Canada builds a stronger, more resilient economy, deepening our partnership with Saudi Arabia is an important step in advancing trade diversification, strengthening energy cooperation, and expanding people-to-people ties. This visit marks a new chapter in the Canada-Saudi Arabia relationship, building on a shared commitment to economic growth as well as solidarity in the face of Iranian aggression over the past months.”
— The Hon. Anita Anand, Foreign Affairs Minister of Canada

Quick facts

The Prime Minister and the Crown Prince welcomed the signing of a MOU to establish a foreign minister-level Canada-Saudi Arabia Coordination Council that will guide and deepen cooperation across several key priorities.The visit followed the Prime Minister’s participation in the 2026 NATO Summit in Ankara, Türkiye. Over the course of the trip, the Prime Minister:Announced the largest defence procurement in Canadian history – selecting Thyssenkrupp Marine Systems (TKMS) as the preferred supplier to begin negotiations to purchase up to twelve state-of-the-art submarines.Strengthened Canada’s contributions to the NATO Alliance and forged new partnerships with Allies.Welcomed the launch of negotiations toward a Canada-Türkiye comprehensive free trade agreement.Saudi Arabia’s sovereign wealth fund, valued at over an estimated $1 trillion, is a key driver of Vision 2030, which aims to diversify the economy away from oil and gas.During his visit, the Prime Minister emphasised Canada’s commitment to working with Saudi Arabia and other Gulf partners to advance regional stability.The two sides strongly condemned Iranian attacks on commercial vessels in the Strait of Hormuz on July 7, 2026. The two countries underscored that such actions heighten regional tensions, undermine confidence-building efforts, and jeopardise ongoing diplomatic negotiations and agreements aimed at promoting regional stability and security.Alongside our partners and allies, Canada stands ready to support the Multinational Military Maritime Mission in four potential areas of assistance: maritime logistics, cyber support, demining expertise, and satellite imagery, when conditions permit.The Minister of International Trade, Maninder Sidhu, visited Saudi Arabia in January 2026 with a senior Canadian business delegation where he welcomed approximately $600 million in commercial partnership agreements, and promoted Canadian trade and investment opportunities – including in the clean technology and energy, information and communication technology, AI, and infrastructure sectors.Canada looks forward to welcoming a Saudi Arabia trade mission to advance progress on bilateral trade, investment, and commercial partnerships.

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Prime Minister Carney meets with Crown Prince and Prime Minister of Saudi Arabia His Royal Highness Mohammed bin Salman

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Prime Minister Carney to attend the NATO Summit in Türkiye and visit Saudi Arabia to deepen trade, technology, and defence partnershipsCanada-Saudi Arabia relations 

This document is also available at https://pm.gc.ca

SOURCE Prime Minister’s Office

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Insurance Expert Steven Barber Explains Hail Damage Insurance Claims for Homeowners in HelloNation

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The article explains how homeowners can document hail damage, review roof coverage, and understand insurance deductibles before filing a claim.

FORT WORTH, Texas, Oct. 30, 2026 /PRNewswire/ —

KEY HIGHLIGHTS

Homeowners should check for visible hail damage from a safe location and document any signs of roof or property damage.Reviewing homeowners’ insurance can help homeowners understand roof coverage, deductibles, and how claim payments work.Replacement cost coverage and actual cash value coverage can affect how much an insurance company pays for covered roof damage.

What should homeowners know before filing a hail damage insurance claim? A HelloNation article answers this question with insights from Steven Barber, Insurance Expert of Fort Worth, Texas. The feature explains how homeowners can identify storm damage, review their insurance policies, and prepare for the claims process.

How Should Homeowners Check for Hail Damage?

The article explains that hail damage is not always easy to see from the ground. Strong hail can crack shingles, loosen roofing materials, and leave dents in gutters. Some damage may also lead to leaks weeks or months after a storm.

Homeowners should begin by checking for visible damage from a safe location. Missing shingles, broken siding, and roofing materials on the lawn may point to storm damage. The article advises homeowners to avoid climbing onto their roofs and instead contact a qualified roofer for an inspection.

Steven Barber’s insights also highlight the value of keeping clear records. Homeowners should take photos of visible damage, note the date of the storm, and save records of any repairs. These details may help support a roof insurance claim.

If water enters the home, homeowners should take reasonable steps to prevent further damage. Keeping receipts for temporary repairs may also be helpful because some homeowners insurance policies cover eligible costs to limit additional damage.

What Should Homeowners Review Before Filing an Insurance Claim?

The HelloNation article explains why reviewing homeowners insurance is an important step before filing a claim. Policy terms can affect what types of roof damage are covered and how much a homeowner may need to pay.

Most standard homeowners insurance policies provide some protection against sudden hail damage. However, coverage depends on the policy, the cause of the damage, and the roof’s condition. Normal wear and poor upkeep are generally treated differently from damage caused by a recent storm.

An insurance deductible is another important factor. This is the amount a homeowner pays toward a covered loss before the insurance company pays its share.

For example, if covered roof repairs cost $8,000 and the deductible is $2,000, the insurer may pay $6,000, depending on the policy.

The article also explains that some policies have separate wind and hail deductibles. These may be set dollar amounts or percentages of the home’s insured value. A two percent deductible on a home insured for $300,000 would equal $6,000.

Understanding these amounts can help homeowners estimate their costs before filing hail damage insurance claims.

How Does Roof Coverage Affect Insurance Payments?

The article identifies replacement cost coverage and actual cash value coverage as two important terms homeowners should understand.

Replacement cost coverage generally pays based on the cost of repairing or replacing covered damage with similar materials. Actual cash value coverage takes the roof’s age and wear into account, which may lead to a smaller payment.

The article also explains that some replacement cost policies issue payments in stages. An insurance company may send an initial payment and release the remaining eligible amount after repairs are complete.

Homeowners may need to provide receipts or final repair documents before receiving the remaining funds. The exact process depends on the insurance policy.

Knowing how roof coverage works can help homeowners prepare for repair costs and understand what to expect during a claim.

What Happens After a Homeowner Files a Roof Insurance Claim?

According to the HelloNation article, homeowners who decide to file a claim should contact their insurance company and ask about the required documents and deadlines.

The insurance company may arrange an inspection to review the damage and determine what the policy covers.

Homeowners can also request a written repair estimate from a qualified roofer. Comparing that estimate with the insurer’s findings may help identify differences in the proposed work.

The article notes that not every hail mark means a roof needs to be replaced. Homeowners should ask questions when repair recommendations or damage findings are unclear.

Keeping copies of photos, estimates, receipts, and claim messages can also make the process easier to follow. If an insurer denies part of a claim, homeowners can ask which policy terms apply and whether another review is available.

The article also encourages homeowners to be careful when hiring contractors after a major storm. Checking licenses where required, insurance, references, and written contracts can help homeowners avoid problems during repairs. Homeowners who are unsure which roofing company to hire can also contact their local insurance agent for a list of reliable roofing companies.

What Homeowners Should Know About Hail Damage and Roof Insurance Claims features insights from Steven Barber, Insurance Expert of Fort Worth, Texas, in HelloNation.

FREQUENTLY ASKED QUESTIONS

What Should Homeowners Do First After a Hailstorm?

Steven Barber’s insights in the HelloNation article explain that homeowners should check for visible damage from a safe location. Taking photos, recording the storm date, and arranging a professional roof inspection can help homeowners understand the damage before filing a claim.

Does Homeowners Insurance Cover Hail Damage to a Roof?

The article explains that most standard homeowners insurance policies cover some sudden hail damage. However, roof coverage depends on the policy terms, the cause of the damage, and the roof’s condition. Normal wear and poor upkeep may not qualify for the same protection.

How Does an Insurance Deductible Affect a Hail Damage Claim?

According to the article featuring Steven Barber, an insurance deductible is the amount a homeowner pays toward a covered loss. Some policies have separate wind and hail deductibles that may be higher than the deductible for other claims.

What Is the Difference Between Replacement Cost Coverage and Actual Cash Value Coverage?

The HelloNation article explains that replacement cost coverage generally pays based on the cost of repairing or replacing covered damage with similar materials. Actual cash value coverage considers the roof’s age and wear, which may reduce the claim payment.

How Can Homeowners Find a Reliable Roofing Contractor After a Hailstorm?

Steven Barber’s featured insights encourage homeowners to check a roofing contractor’s license where required, insurance, references, and written contract before agreeing to repairs. Homeowners can also contact their local insurance agent for a list of reliable roofing companies if they need help deciding whom to hire.

About HelloNation

HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/insurance-expert-steven-barber-explains-hail-damage-insurance-claims-for-homeowners-in-hellonation-302925268.html

SOURCE HelloNation

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A+ Federal Credit Union Celebrates Award-Winning Banking With $250 New Member Offer

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Austin’s #1 Credit Union invites the community to experience nationally recognized digital banking and discover what it means to live an A+ life

AUSTIN, Texas, Oct. 30, 2026 /PRNewswire/ — A+ Federal Credit Union (A+FCU) is celebrating a year of recognition by saying thank you to the community that made it possible and inviting more people to experience award-winning banking with a special opportunity to earn up to $250 when they become a new member.

For the fourth consecutive year, A+FCU was voted the #1 Credit Union in the 2026 Best of ATX Awards, an honor determined by votes from the local community.

The local recognition comes alongside national honors for A+FCU’s digital banking experience. Global Finance’s 2026 World’s Best Consumer Digital Banking Awards named A+FCU Best Consumer Digital Bank in the United States, while the A+ Mobile App was named Best Mobile Banking App in the United States and North America for the second consecutive year.

Together, the honors recognize both sides of the A+FCU experience: a credit union deeply connected to the communities it serves and one delivering innovative, convenient digital banking that helps members manage their money wherever life takes them.

“Being voted Austin’s Best Credit Union for four years in a row is especially meaningful because that recognition comes from the community we serve. Combined with national recognition for our digital banking experience, it’s a powerful reflection of our team’s commitment to helping members live their A+ lives,” said Eric R. Kase, President/CEO of A+ Federal Credit Union. “We’re grateful to our members for their continued trust, and we invite even more of those in Central Texas and across the state to experience the A+ difference.”

As a special thank you and invitation to the community, new members can currently earn up to $250 when they join A+FCU and open qualifying accounts. There are a variety of ways to qualify for an A+FCU membership. New members can earn $50 for opening a new membership with a free Cash-Back Checking Account, plus another $200 after qualifying payroll direct deposits totaling $800 or more. The promotion requires use of promo code 2026OFFER250 and is subject to additional terms and eligibility requirements.

And the benefits are designed to continue beyond the initial offer. The A+FCU Cash-Back Checking Account offers unlimited cash back on purchases made with an A+FCU debit card, with no monthly fees and cash back paid monthly.

Members also have access to A+FCU’s nationally recognized digital banking experience. The free A+ Mobile App includes biometric login and enhanced security features, real-time transaction alerts, card controls and budgeting tools, mobile check deposit, person-to-person money transfers, access to free monthly credit score updates, streamlined direct deposit setup, and live chat support.

“For more than 77 years, we’ve grown alongside the communities we serve,” Kase added. “As we look ahead, we’ll continue finding new ways to make banking easier, more convenient, and more rewarding while staying true to the personal service and community commitment that have always defined A+FCU.”

To learn more about A+FCU membership and limited-time $250 new member joining offer, visit aplusfcu.org/rewards.

About A+ Federal Credit Union
A+ Federal Credit Union was founded in 1949 by 50 Austin, Texas teachers. Over seventy-seven years later, A+FCU is an award-winning institution with more than 191,000 members throughout the community, $2.52 billion in assets, over 520 employees, and 22 branches. A+FCU supports members with a full range of financial products including home, auto, and business loans, checking and savings accounts, as well as digital banking solutions for banking on the go. Learn more at aplusfcu.org.

View original content to download multimedia:https://www.prnewswire.com/news-releases/a-federal-credit-union-celebrates-award-winning-banking-with-250-new-member-offer-302925269.html

SOURCE A+ Federal Credit Union

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From Fairways to Futures: Swings for STEM Raises $100,000

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Third Annual Event Brings Together Chemical Industry Leaders, Policymakers, Academic Partners and Students to Strengthen Tomorrow’s Workforce

WASHINGTON, Oct. 30, 2026 /PRNewswire/ — The Alliance for Chemical Distribution (ACD) and American Chemistry Council (ACC) joined forces Monday for the third annual Swings for STEM golf tournament, raising $100,000 to support the next generation of scientists, engineers, and innovators. The event brought together stakeholders from industry, government and academia for a day of friendly competition and fundraising benefiting the Future of STEM Scholars Initiative (FOSSI) and Creating Exciting Futures in STEM (CEFinSTEM) , two organizations that seek to inspire, support, and expand access to STEM education.

“The future of our industry depends on the next generation of scientists, engineers, and innovators, and we have a responsibility to help them succeed,” said Eric R. Byer, President and CEO of ACD. “Swings for STEM is about more than raising money. It’s about opening doors, building relationships, and giving talented young people the opportunity to see what’s possible in the chemical distribution industry. We’re incredibly grateful to our sponsors, donors, and participants for helping us invest in the next generation of STEM leaders.”

“Chemistry is at the heart of American innovation, and maintaining that leadership starts with investing in the next generation,” added Chris Jahn, President and CEO of the American Chemistry Council. “When we launched FOSSI, our goal was to create new pathways into STEM careers and strengthen the chemical industry’s talent pipeline. Today, more than 900 scholarships have been funded through that effort. Swings for STEM reflects that same vision, bringing industry and policy partners together to raise nearly $300,000 over the past three years.”

The event also featured a dedicated student program for FOSSI scholars, combining a golf clinic, leadership development workshop, and networking opportunities.

FOSSI Scholar Brandon Simmons was one of nearly 20 scholarship recipients who attended the event, sharing, “My experience at Swings for STEM was truly rewarding. I enjoyed learning new techniques and connecting with fellow FOSSI scholars from different schools. The event was a great opportunity to build relationships, share experiences, and grow alongside other scholars. I’m grateful to FOSSI for creating opportunities like this that foster both personal growth and a strong sense of community.”

To learn more about FOSSI visit www.FutureofSTEMScholars.org. Scholarship applications are open until January 8th, 2027. Eligible students can apply here.

To learn more about CEFinSTEM, visit www.cefinstem.org.

ACC and ACD extend their gratitude to the sponsors who made this event possible:

The American Cleaning InstituteThe American Coatings AssociationAmerican Fuel & Petrochemical ManufacturersThe American Cleaning InstituteAstro ChemicalsCGCNChevron Phillips Chemical LPDowEastman Chemical CompanyThe Fertilizer InstituteHighland Advocacy GroupHolland & KnightThe Household & Commercial Products Association Mehlman ConsultingOGRPLASTICS Industry AssociationRussell Reynolds AssociatesSociety of Chemical Manufacturers & Affiliates (SOCMA)SolsticeSquared CommunicationsTargeted VictoryThompson Hine LLPTunnlThe Vinyl InstituteWashington Examiner

Alliance for Chemical Distribution
The Alliance for Chemical Distribution (ACD) partners with our more than 400 chemical distribution industry members to provide the education, connection, standards, and advocacy they need to responsibly move the essential products our world depends on. As leaders in the $27B+ chemical distribution industry, ACD member companies commit to the highest standardsin quality, safety, sustainability, and performance through ACD Responsible Distribution™. For more information, visit www.acd-chem.com.

American Chemistry Council
The American Chemistry Council’s mission is to advocate for the people, policy, and products of chemistry that make the United States the global leader in innovation and manufacturing. To achieve this, we: Champion science-based policy solutions across all levels of government; Drive continuous performance improvement to protect employees and communities through Responsible Care®; Foster the development of sustainability practices throughout ACC member companies; and communicate authentically with communities about challenges and solutions for a safer, healthier and more sustainable way of life. Our vision is a world made better by chemistry, where people live happier, healthier, and more prosperous lives, safely and sustainably—for generations to come.

View original content to download multimedia:https://www.prnewswire.com/news-releases/from-fairways-to-futures-swings-for-stem-raises-100-000–302925278.html

SOURCE American Chemistry Council

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