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Estimates show Canada’s emissions went up in 2025, emphasizing need for electrification

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Canadian Climate Institute’s early analysis finds emissions are headed in the wrong direction, largely driven by an uptick in gas for heating and electricity

OTTAWA, ON, Oct. 8, 2026 /CNW/ — Canada’s emissions increased in 2025, according to the latest Early Estimate of National Emissions (EENE) from 440 Megatonnes, a project of the Canadian Climate Institute. The independent analysis estimates that Canada emitted around 691 megatonnes of CO2 equivalent in 2025–an increase of about one per cent, or six megatonnes, compared to 2024.

The country remains far from achieving its climate targets. Five years out from Canada’s 2030 target to reduce emissions 40 to 45 per cent below 2005 levels, emissions have fallen just 9.5 per cent.

The Climate Institute’s analysis shows that in 2025, the increase in emissions came largely from higher natural gas use in buildings (emissions up 6 per cent) and electricity (up 5 per cent), reversing reductions in both sectors the year before. Other sectors saw little or no progress, including oil and gas, which remained Canada’s largest-emitting sector but had roughly flat emissions.

The most straightforward way to bring down emissions and get back on track to net zero is clean electrification–decarbonizing the grid and electrifying buildings, transport, and industry. But to get there, Canada must break the trend of the past 20 years.

Over that time period, electricity use has shrunk as a share of the energy used in Canada. And while the country’s grid is relatively clean, it has been getting dirtier recently: since 2020, the share of the grid that is non-emitting has fallen from 84 to 80 per cent. That’s even after factoring in growth in hydro, wind, and solar generation.

Course correction will require stronger action, including following through on the government’s recent commitment to double electricity generation capacity by 2050, while also doubling electrification and energy efficiency. Additional measures, such as achieving the equivalent of a 75 per cent electric vehicle adoption rate by 2035 will help steer Canada back towards net zero.

This latest emissions estimate comes on the heels of a Canadian summer that saw wildfires ravage communities, intense rains flood thousands of homes, and storms cause over a billion dollars in damage in the Prairies. Canada has an opportunity to change its climate story from one of stalled progress and rising emissions to an economy that’s harnessing its clean energy advantage.

QUOTES

“The increase in Canada’s 2025 emissions is yet another signal that the country must accelerate action to meet the Carney government’s own commitments. That can be achieved by doubling electricity generation capacity, doubling electrification, and doubling energy efficiency. This isn’t just about hitting emissions targets–it’s about making life more affordable; it’s about transforming our economy to be more competitive in the global energy transition, and it’s about limiting the extreme weather that’s a risk to Canadian lives and livelihoods.”
— Rick Smith, President, Canadian Climate Institute

“Canada remains off track to meet its climate goals, but the solution is no mystery: clean electrification is the linchpin of climate progress. To correct its course, the country must add more non-emitting power to the electricity grid, support the uptake of electrified technologies, and use electricity more efficiently. The most straightforward path to reducing emissions is electrifying our economy.”
— Ross Linden-Fraser, Acting Director, 440 Megatonnes

RESOURCES

Database | Early Estimate of National Emissions 2025 Insight | Early estimate finds that Canada’s emissions increased in 2025 as clean electrification laggedInsight | Canada is now more than 20 years behind its 2030 target, with net zero nowhere in sight

About the Canadian Climate Institute
The Canadian Climate Institute is Canada’s leading climate change policy research organization. The Institute produces rigorous analysis, economic modelling, and in-depth research focused on incentivizing clean economic growth and low-carbon competitiveness, reducing emissions and accelerating Canada’s net zero energy transition, and making our economy and infrastructure more resilient to a warming climate.
climateinstitute.ca

SOURCE Canadian Climate Institute

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Neudata appoints Richard Barnett as Chief Product Officer

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LONDON, Oct. 8, 2026 /PRNewswire/ — Neudata, a global leader in alternative and market data intelligence, today announced the appointment of Richard Barnett as Chief Product Officer. The appointment comes as Neudata increases its focus on product innovation and accelerates the development of new solutions in response to evolving client and market needs. Based in London, Richard joins Neudata’s leadership team and will lead the company’s product strategy, portfolio and roadmap.

Rado Lipuš, CEO and founder of Neudata, said: “Our ambition is to make Neudata one of the most innovative companies in the data intelligence market. Our deep understanding of both the data landscape and the needs of institutional investors gives us a unique perspective on how the market is evolving, particularly as AI creates new ways to use and derive value from data. Through initiatives such as the Neudata Innovation Lab, we want to move quickly to turn those insights into new products and solutions. Richard brings the experience, creativity and product leadership we need to accelerate that ambition.”

With over 20 years of product leadership experience across financial information and B2B software, Richard has held senior product and digital leadership roles at Bloomberg, Thomson Reuters, J.P. Morgan and Goldman Sachs, building and leading global product and UX teams across some of the industry’s most widely used platforms. More recently, he has advised established and scaling businesses on product strategy and transformation, and served as fractional CPO at Instinct Digital, where he led product strategy and the development of AI-enabled capabilities for asset managers.

At Neudata, Richard will lead the product management team and oversee the company’s product portfolio, translating client needs and market insights into a clear roadmap for development and growth. He will work closely with the Neudata Innovation Lab to assess new opportunities and bring validated ideas into the roadmap. His initial priorities will include advancing Neudata Ranger, the company’s market data intelligence product, helping clients evaluate market data providers and make more informed sourcing decisions.

Neudata’s Innovation Lab brings together insights from across the company, its clients, partners and the wider data market to identify unmet needs, test ideas and validate opportunities for new products and features.

Richard Barnett said: “Neudata combines deep knowledge of the data market with a close understanding of what clients need. That’s a strong foundation to build on. I’m looking forward to working with the team to develop products that help clients make better decisions about data, build on Ranger’s capabilities and address new opportunities as the market evolves.”

About Neudata

Neudata is an independent alternative and market data intelligence platform connecting institutional data buyers with data providers. Founded over 10 years ago, Neudata today connects more than 1,000 data buyers with over 4,400 data providers and 11,000+ datasets, providing unbiased research and analysis that helps clients discover, evaluate and manage external datasets with confidence. A team of 100 people across London, New York and Shanghai runs Neudata’s Scout and Ranger platforms, its global events programme and its 1-to-1 networking programme, AltDating. Neudata also helps organisations monetise their existing data assets through its consulting services. For more information, visit www.neudata.co.

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Avalara Helps Global Businesses Move Faster as Tax and Compliance Complexity Accelerates

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Fortnum & Mason and ASOS share how automation helps them grow across markets

LONDON, Oct. 8, 2026 /PRNewswire/ — Avalara, Inc., the agentic AI leader in global tax and compliance, today opened its CRUSH Europe customer conference by showing how businesses can use automation and agentic AI to manage growing tax and compliance complexity while moving faster across markets. Fortnum & Mason and ASOS joined Avalara at the conference to share how their organizations are using compliance automation to support global growth as regulatory requirements become increasingly digital, interconnected, and real-time.

Selling at speed and global scale

Fortnum & Mason, a 315-year-old British institution, ships to customers in nearly 90 countries. Automating sales tax, import tax, and duties calculations, including the complex classification of food and non-food goods, allows the team to focus on serving customers and delivering exceptional products and services. The company shared its story at Avalara’s conference.

“When delivering across multiple countries and some unique destinations, accurate tax and duties calculations are essential,” said Nataliya Schipka, Director of Finance at Fortnum & Mason. “Automating cross-border compliance allows us to focus on serving customers wherever they are, rather than being constrained by the complexity of compliance.”

Fortnum & Mason was joined at CRUSH Europe by ASOS, one of the world’s leading online fashion retailers. Operating at the pace of global fashion means launching products, entering markets, and adapting to regulatory change quickly, while delivering a seamless checkout experience for customers around the world. ASOS uses compliance automation to support that speed and scale without relying on added headcount simply to keep pace with growing complexity.

Their experiences reflect a broader challenge facing businesses across Europe. Tax and compliance requirements are becoming more interconnected, more digital, and increasingly real-time, while businesses are under pressure to move faster. For years, software has automated individual compliance tasks, but much of the work between those tasks and systems has remained manual. Avalara believes meeting that challenge requires rethinking how the work gets done.

New purpose-built agentic AI solutions for tax and compliance

At CRUSH Europe, Avalara showed how agentic AI can help close those gaps by orchestrating work across tax and compliance processes and systems.

Avalara Aviator, which is generally available today, is the company’s new agent hub for tax and compliance. It’s designed to turn days of manual work into minutes of oversight, with an audit-defensible record for every action. Intelligent agents can understand context, coordinate work, monitor variance, and take action, while bringing people in when judgment or approval is required.

Among other compliance operations, Avalara Aviator can map products to tax codes, validate exemption certificates, auto-generate tax matrices, configure custom rules, and analyze results across applications. It is grounded in trusted tax content, deep compliance expertise, proprietary data, deterministic technology, and governance Avalara has built over more than 22 years, informed by more than £2.1 trillion in transactions Avalara handles annually.

Versori by Avalara, Avalara’s agentic integration fabric, addresses another critical part of that challenge: bringing tax and compliance intelligence into the systems and data where businesses already work. In an agentic world, compliance work won’t always begin inside compliance software. It may start in an ERP, an e-commerce platform, a finance system, or an AI agent. Versori uses specialized AI agents to research, build, test, and deploy production-grade connectors in days rather than months at a fraction of the cost of traditional integration tools. 

“AI is changing how work gets done across every industry,” said Hugo Sarrazin, Chief Executive Officer at Avalara, in his CRUSH keynote. “But agentic AI is different. It can execute multi-step work, continuously monitor what is changing, and bring people in when judgment or approval is required. The opportunity is automation and control, not one at the expense of the other. In tax, the calculation still has to be right. The filing still has to be defensible. And the person accountable is still a person.”

Built for Europe’s mandate wave

Governments across Europe are moving compliance closer to the transaction, and mandatory e-invoicing will extend digital reporting to cross-border B2B transactions across the EU from 2030. Avalara lets businesses integrate once through a single global API, then activate individual country mandates through configuration rather than repeated reimplementation. Avalara has been an approved platform in France since September 2026 and expects to be ready for Germany in January 2027 and Spain in October 2027. Avalara was recently named a Leader in the IDC MarketScape: Worldwide E-Invoicing Compliance Solutions 2026 Vendor Assessment (doc #EUR154882626, September 2026).

About Avalara
Avalara is the agentic AI leader in global tax and compliance. For more than two decades, Avalara’s trusted tax content, deep compliance expertise, proprietary data, and technology have helped customers succeed on a global scale. Avalara now pairs that foundation with agentic AI to help businesses execute complex compliance work while keeping people in control. Avalara processes more than 54 billion AvaTax API calls annually and supports millions of businesses worldwide. For more information, visit Avalara.com.

This press release contains forward-looking statements regarding Avalara’s product plans, technology capabilities, and expected availability dates. These statements describe Avalara’s intentions as of the date of release and are subject to change without notice.

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SOURCE Avalara, Inc.

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Reliance Digital’s Festival of Electronics Sale Is Live: Best Deals on iPhone 17 Pro, TVs, ACs, Laptops & Top Electronics

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The Festival of Electronics Sale features the best deals across mobiles, laptops and top electronics, with the iPhone 17 Pro 256GB at ₹56,990*, Toshiba 55-inch Mini LED TV at ₹49,990* and Samsung 1.5T Inverter AC at ₹33,890*. Customers can also shop deals on smartphones, laptops, TVs, air conditioners and other consumer electronics, with an assured exchange bonus of up to ₹20,000* and bank offers of up to ₹30,000*.

MUMBAI, India, Oct. 8, 2026 /PRNewswire/ — This festive season, Reliance Digital brings back its much-awaited Festival of Electronics, inviting consumers to upgrade, gift and bring home the technology they have been waiting to #CelebrateWithNoExcuses.

This year’s campaign celebrates the idea that the festive season is the perfect time to stop postponing those upgrades and make celebrations bigger, smarter and more memorable. With great deals across leading electronics categories, consumers can find something for every festive need, from entertainment and smartphones to home appliances.

Deals on Phones, TVs and Home Appliances

Among the featured offers, the iPhone 17 Pro 256GB is priced at ₹56,990*. Entertainment and home appliance deals include:

Dell 13 XPS Intel Core 5 at ₹64,999*LG Mini LED at ₹37,990*Samsung 1.5T Inverter AC at ₹29,990*

The list also covers LG 10 Kg Front Load Washing machine at Rs.39,990* and Marshall Emberton II Bluetooth Speaker at ₹10,999*.

Exchange, Second-Product and Bank Offers

Beyond individual product prices, the sale includes three broader offers:

An assured exchange bonus of up to ₹20,000*Flat 50% off on the second product*Discounts of up to ₹30,000 on leading bank cards and consumer loans*

A Campaign Built Around ‘No Excuses’

This year’s campaign centers on the idea that the festive season is the right moment to make celebrations bigger, smarter and more memorable. Under the #CelebrateWithNoExcuses banner, Reliance Digital is positioning the sale as a reason to stop waiting for ‘later’ or ‘next year’.

The Festival of Electronics covers entertainment, smartphones and home appliances, aiming to offer something for every festive need, whether shoppers are upgrading, gifting or buying for the home.

Frequently Asked Questions

What is the Festival of Electronics?
It is Reliance Digital’s festive-season electronics sale, returning in 2026 with offers across smartphones, TVs, home appliances, laptops and audio products.

Which products are featured in the sale?
Featured products include the iPhone 17 Pro, Dell 13 XPS Intel Core 5 Laptop, LG Mini LED TV, Samsung 1.5T Inverter AC , Samsung Front Load Washing Machine and Marshall Emberton II Bluetooth Speaker.

How much does the iPhone 17 Pro 256GB cost in the sale?
It is priced at ₹56,990*, subject to terms and conditions.

What is the maximum exchange bonus?
Up to ₹20,000* as an assured exchange bonus.

What is the second-product offer?
Shop for 15000 or above and get 50% off on select accessories. Offer applicable till stock lasts. Offer Valid till 15th Nov’26.

What bank card and loan offers are available?
Up to ₹30,000 discount on leading bank cards and consumer loans*.

When does the sale end?
The end date has not been announced.

What is the campaign hashtag?
#CelebrateWithNoExcuses

*Terms and conditions apply

About Reliance Digital:

Reliance Digital is India’s largest electronics retailer, present in over 800 cities with more than 700+ large-format Reliance Digital stores and 900+ My Jio stores, serving customers in every corner of the country and making the latest technology accessible to all. With over 300 international and national brands and more than 5,000 products at the best prices, Reliance Digital offers the largest selection of models to help customers find the right technology for their lifestyle. The trained and well-informed staff at every store are always ready to guide customers through every detail of each product. Importantly, Reliance Digital provides after-sales service for all its products through Reliance resQ, the service arm of the retailer and India’s only ISO 9001-certified electronics service brand. Reliance resQ is available all week and is fully equipped to provide end-to-end solutions.

For ease of purchase, customers can visit any Reliance Digital store, shop online at www.reliancedigital.in 

 

 

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