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The Canadian Sustainable Jobs Act Becomes Law

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OTTAWA, ON, June 20, 2024 /CNW/ – As countries around the world race to seize the economic opportunities associated with the global energy transition, the Government of Canada is taking historic action to ensure that Canadian workers and industries win, with the creation of sustainable jobs across regions and sectors. That is why the Government of Canada is investing to ensure workers have the necessary skills and tools to seize this opportunity and build the industries of the future, today.

Today, Bill C-50, the Canadian Sustainable Jobs Act, received Royal Assent. This legislation will foster the creation of sustainable jobs, support industries and communities in every region across Canada, and help the workforce gain the necessary skills, training and tools to fill these new job opportunities. This is a historic step toward ensuring that Canadian workers are at the centre of Canada’s Sustainable Jobs Actions Plans, as global investment flows toward low-carbon economic opportunities in Canadian industries.

The federal government will support and provide leadership on effective action focused on preparing the Canadian workforce for jobs of the future, while seizing the abundant economic opportunities before us today. The Act supports the government in advancing the 10 key measures under Canada’s interim Sustainable Jobs Plan released in February 2023 and will ensure ongoing action to create sustainable jobs for generations to come.

The Canadian Sustainable Jobs Act:

Requires the development of Sustainable Jobs Action Plans, starting in 2025, to deliver concrete measures to advance these goals, while ensuring an inclusive approach is followed;Establishes Canada’s Sustainable Jobs Secretariat to ensure effective collaboration and policy coherence across federal entities;Establishes the Sustainable Jobs Partnership Council so representatives of Indigenous organizations, labour, industry and other Canadians can engage with Canadians and provide government with advice;Works in tandem with the Canadian Net-Zero Emissions Accountability Act (CNZEAA) to ensure further accountability and consideration of the labour implications of emissions targets when developing Action Plans; andCommits the Government of Canada to regular progress reporting, ensuring Canadians can grade the performance of this government and future governments in this space.

Canadian workers and industries are building Canada’s long-term prosperity through their leadership in sectors from clean electricity to hydrogen, critical minerals, electric vehicle manufacturing, low-carbon building materials, and beyond. With the passage of the Canadian Sustainable Jobs Act, the Government of Canada firmly commits itself to support Canadian workers in seizing these historic opportunities today, while creating a more sustainable and prosperous future for generations to come.

Quotes

“Canadian workers and industries are seizing economic opportunities as we build thriving low-carbon industries and more sustainable communities. Today, as the Canadian Sustainable Jobs Act becomes law, we are strengthening accountability while ensuring that workers have a seat at the table as Canada advances toward a prosperous net-zero future.”

The Honourable Jonathan Wilkinson
Minister of Energy and Natural Resources

“Sustainability is a key part of our government’s work to fight climate change. Royal Assent for the Canadian Sustainable Jobs Act is a great step in this journey. By equipping our workforce with programs like the Sustainable Jobs Training Fund, we are making sure that workers are ready for the jobs of today and tomorrow.”

The Honourable Randy Boissonnault
Minister of Employment, Workforce Development and Official Languages

“There are so many new jobs and new opportunities in Canadian energy. Workers want in. And they want a say in their future. The Canadian Sustainable Jobs Act gives them seats at the table that they’ve long asked for.”

The Honourable Seamus O’Regan Jr.
Minister of Labour and Seniors

“Sustainable jobs are a key piece to a strong, resilient, low-carbon economy that works for everyone. Together, the Canadian Net-Zero Emissions Accountability Act and the Canadian Sustainable Jobs Act will ensure that the federal government’s job creation and skills training efforts align with Canada’s emissions targets and efforts to reach net-zero emissions by 2050 — and that workers and communities have the support they need to build a strong, low-carbon economy. In doing so, we must ensure that everyone has a real and fair chance to succeed.”

The Honourable Steven Guilbeault
Minister of Environment and Climate Change

“An historic moment for workers in this country to finally see their national government adopt an approach that recognizes the disruptive nature of major economic transitions on them and their community. The Canadian Sustainable Jobs Act is not only about mitigating the negative effects of transitioning to net zero, and a sustainable economy for affected workers and communities, but also ensuring they can capitalize on the opportunities it presents.”

Senator Hassan Yussuff
Senate of Canada

“The Canadian Sustainable Jobs Act sets a goal of protecting and creating good, unionized net-zero aligned jobs, which will support workers, their families and their communities and ensures that workers are at the table building the plan. We applaud this legislation, which was passed because of the agreement between the government and NDP. For government to meet the ambition in the Canadian Sustainable Jobs Act, they need to invest in workers and in protecting and creating sustainable jobs.”

Bea Bruske
President, Canadian Labour Congress

“Bill C-50 addresses many of our union’s key recommendations by defining a sustainable job as including trade union representation as well as a collective agreement, and includes fair income, job security, social protection, and social dialogue.”

Lana Payne
National President, Unifor

“Our members are concerned that the transition away from the carbon economy could mean they may have difficulty finding work. What this legislation does is put workers voices at the decision-making table as we navigate the transition to a cleaner, greener economy. Our members are already at work building that clean economy, from EV battery plants to wind, solar, hydroelectric and nuclear — we’re already building it green. This legislation will help ensure that no skilled trades worker is left behind.”

Sean Strickland
Executive Director, Canadian Building Trades Union

 “With the adoption of the Canadian Sustainable Jobs Act, Canada is making meaningful progress in preparing for the global economic transformation already underway. This legislation will ensure proactive planning for what is to come and that Canadian workers and communities have a seat at the decision-making table as our economy grows and diversifies. Today’s announcement must be followed up with swift and effective implementation — but for now let us celebrate this hard-fought win for labour unions, environmental groups and youth!”

Caroline Brouillette
Executive Director, Climate Action Network Canada

Quick Facts

Canada’s interim Sustainable Jobs Plan is backed by significant federal investments, including through:The Sustainable Jobs Training Fund (SJTF), which is investing over $99 million to help workers upgrade their skills and gain new skills for jobs in the low-carbon economy.Historic Clean Economy Investment Tax Credits (ITCs) in areas including in clean technology, electricity, carbon management, hydrogen, and beyond. The full value of f these credits is only accessible to those that meet certain labour requirements, including to pay workers prevailing wages and create apprenticeship opportunities. The ITCs are helping to spur the creation of good-paying, sustainable jobs across regions and sectors.Around the world, Canadian leadership in sustainable job creation is being recognized:Canada’s leadership in advancing sustainable jobs for workers was recognized in the 2024 Ministerial Communique of the International Energy Agency, following Minister Wilkinson’s high-level dialogue on people-centered transitions.The Royal Bank of Canada estimates that building a net-zero-emissions economy could create up to 400,000 new jobs in Canada by the end of this decade alone.The World Energy Employment 2023 report states that rising demand for skilled labour will be one of the primary challenges the energy sector faces in the coming decade. According to the report, the clean energy workforce is now larger than the fossil fuel workforce worldwide.

Related Information

Canadian Sustainable Jobs ActBackgrounder: Canadian Sustainable Jobs ActSustainable Jobs

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SOURCE Natural Resources Canada

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ADX welcomes Morgan Stanley as the first international investment bank Remote Trading Member, expanding global access to Abu Dhabi’s capital markets

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ABU DHABI, UAE, May 5, 2026 /PRNewswire/ — The Abu Dhabi Securities Exchange (ADX) Group today announced that Morgan Stanley, a leading investment bank and financial services company, has joined the ADX as its first international investment bank Remote Trading Member — enabling Morgan Stanley’s clients to access the ADX directly.

This milestone strengthens ADX’s global connectivity and supports growing international institutional demand for exposure to UAE markets. It also reinforces its position as one of the world’s fastest-growing exchanges by market capitalization, while highlighting the market’s continued progress in depth, liquidity, and inclusion in major global indices.

Remote membership enables Morgan Stanley to provide its clients with direct market access to the ADX, with trading conducted via the firm’s global trading platform. The ADX continues to play a pivotal role in advancing Abu Dhabi’s long-term economic ambitions, as a mechanism for a diversified, innovation-led, knowledge-based economy.

Morgan Stanley’s direct trading access to ADX reflects the strength of Abu Dhabi’s investment proposition and the continued institutionalization of UAE capital markets. Morgan Stanley’s membership will enhance execution quality, optimize order routing, and provide greater control across the end-to-end trade lifecycle, delivering an advanced trading experience for global investors.

The structure follows a proven international access model used by Morgan Stanley and is designed to meet growing client demand for efficient, transparent, and seamless access to ADX-listed opportunities.

Abdulla Salem Alnuaimi, Group Chief Executive Officer of Abu Dhabi Securities Exchange (ADX) Group, said: “This marks a significant step in advancing our ambition to be a leading financial marketplace that drives opportunity and sustainable economic growth. This momentum is reflected in the strong foreign investor participation, with trading value exceeding 85 billion dirhams in the first quarter of 2026 up by 22% year on year. This performance underscores the growing depth and global relevance of our market, while reinforcing our commitment to expanding international access, strengthening cross-border connectivity, and building a world-class market infrastructure that attracts global capital, supports a diverse range of issuers and contributes to Abu Dhabi’s long-term economic prosperity.”

Patrick Delivanis, Regional Co-Head of MENA at Morgan Stanley, said: “Becoming a Remote Trading Member of ADX reflects our focus on providing clients with efficient, seamless access to Abu Dhabi’s capital markets through our market–leading trading platform. We see continued momentum in the institutionalization and international participation of UAE markets, and we’re pleased to support that evolution by enabling international investors to access opportunities in MENA with direct connectivity to local markets, alongside greater transparency and control across the trading lifecycle.”

Morgan Stanley’s participation aligns with ADX’s strategy to strengthen international connectivity, with remote memberships selectively offered to global firms to attract high-quality cross-border liquidity. The announcement builds on the ADX’s expansion momentum: in 2025, foreign investment rose by nearly 14% and institutional trading increased by 10% year on year. Subject to final operational readiness, Morgan Stanley expects to begin trading as a remote member in the coming weeks.

About Abu Dhabi Securities Exchange (ADX)

The Abu Dhabi Securities Exchange (ADX) was established on 15 November 2000 pursuant to Local Law No. (3) of 2000, which granted the exchange legal rights with independent financial and administrative status, as well as the necessary supervisory and executive powers necessary to carry out its functions. On 17 March 2020, the ADX was converted from a public entity into a Public Joint Stock Company (PJSC) in accordance with Law No. (8) of 2020.

The ADX Group, a market infrastructure group comprising the exchange (ADX) and its post-trade ecosystem, including its wholly owned subsidiaries AD Depository and AD Clear, was established. Through its integrated and globally aligned business structure, the ADX Group supports efficient, transparent, and resilient capital markets across trading, clearing, settlement, and custody.

The Group provides an efficient and regulated marketplace for the trading of securities, including equities issued by public joint-stock companies, bonds issued by governments and corporations, exchange-traded funds (ETFs), and other financial instruments approved by the UAE Capital Market Authority.

The ADX is the second-largest exchange in the Arab region by market capitalization. Its strategy of delivering stable financial performance through diversified revenue streams is aligned with the UAE’s national development agenda, “Towards the Next 50”, which aims to build a sustainable, diversified, and high-value-added economy.

For more information, please contact:
Abdulrahman Saleh ALKhateeb
Manager of Corporate Communication
Abu Dhabi Securities Exchange (ADX)
Mobile: +971 (50) 668 9733
Email: ALKhateebA@adx.ae

 

 

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SOURCE Abu Dhabi Securities Exchange (ADX)

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Geotab integrates Polestar vehicles into its OEM telematics network

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Fleet operators across North America, Europe, and APAC can now access Polestar vehicle data directly in MyGeotab — no aftermarket hardware required.

LONDON, UK, May 5, 2026 /PRNewswire/ — Geotab, a global leader in connected vehicle and asset management solutions, today announced the integration of Polestar vehicles into its OEM telematics network, giving commercial fleet operators seamless access to Polestar data within MyGeotab from day one — with no aftermarket hardware installation required. The integration is available globally across North America, Europe, and Asia Pacific, supporting all Polestar models.

Developed in collaboration with Geotab, among other telematics service providers, Polestar Fleet Telematics integrates directly into MyGeotab. The Geotab integration enables fleet managers to manage Polestar vehicles alongside all other makes and models on a single unified platform — without fitting additional devices.

Connected vehicle data where it matters most

Through Polestar Fleet Telematics, fleet operators gain near-real-time access to a comprehensive dataset — covering EV battery and charging status, location, tyre information, vehicle security, maintenance alerts, and climate data — flowing directly from Polestar’s connected vehicle architecture into MyGeotab, with no physical installation required.

This breadth of data enables fleet managers to move from reactive to proactive operations — scheduling maintenance before failures occur, optimising charge planning across depots, and maintaining duty-of-care oversight across the entire fleet.

Supporting Europe’s Mixed-Fleet Reality

OEM-embedded telematics removes the need for aftermarket device installation across mixed-manufacturer fleets, reducing logistical overhead and supporting compliance with works council and GDPR requirements — a critical consideration for European fleet operators.

“Polestar Fleet Telematics combines sustainability with intelligence, integrating seamlessly with Geotab to deliver these capabilities directly into the platforms fleet operators trust. Continuous data visibility enables more efficient and informed fleet operations, from day-to-day management to long-term planning. By leveraging Polestar vehicles’ embedded connectivity, fleet managers can make smarter, data-driven decisions — without adding hardware or complexity to their operations.” said Emma Knapp, Manager of Global Key Accounts at Polestar.

Polestar joins an OEM telematics network that already spans over 80% of leading global vehicle manufacturers by fleet market share, including BMW Group, Ford, Stellantis, Volkswagen Group, and Volvo Cars. For fleet operators already using MyGeotab, Polestar vehicles can be connected and deliver data without any additional hardware or installation.

“OEM-embedded telematics represents a change in how fleet data reaches the platform — and Polestar’s connected vehicle architecture makes this integration particularly well-suited for markets that are seriously considering transitioning to electric vehicles.” said Christoph Ludewig, Vice President OEM Global at Geotab. “Fleet operators managing mixed EV and internal combustion engine fleets no longer need separate tools or hardware for each vehicle type. Polestar data flows directly into MyGeotab alongside every other vehicle in the fleet — giving operators the consolidated visibility they need to drive efficiency, support duty of care, and manage their EV transition with confidence.”

Global Availability

The integration is available now across North America, Europe, and Asia Pacific, supporting all Polestar models. Fleet managers can activate the service via the Geotab Marketplace or by contacting their Geotab representative.

About Polestar

Polestar (Nasdaq: PSNY) is the Swedish electric performance car brand with a focus on uncompromised design and innovation, and the ambition to accelerate the change towards a sustainable future. Headquartered in Gothenburg, Sweden, its cars are available in 28 markets globally across North America, Europe and Asia Pacific.

Polestar has four models in its line-up: Polestar 2, Polestar 3, Polestar 4, and Polestar 5. Planned models include the Polestar 7 compact SUV (to be introduced in 2028) and the Polestar 6 roadster. With its vehicles currently manufactured on two continents, North America and Asia, Polestar plans to diversify its manufacturing footprint further, with production of Polestar 7 planned in Europe.

Polestar has an unwavering commitment to sustainability and has set an ambitious roadmap to reach its climate targets: halve greenhouse gas emissions by 2030 per-vehicle-sold and become climate-neutral across its value chain by 2040. Polestar’s comprehensive sustainability strategy covers the four areas of Climate, Transparency, Circularity, and Inclusion.

About Geotab

Geotab is a global leader in connected vehicle and asset management solutions, with headquarters in Oakville, Ontario and Atlanta, Georgia. Our mission is to make the world safer, more efficient, and sustainable. We leverage advanced data analytics and AI to transform fleet performance and operations, reducing cost and driving efficiency. Backed by top data scientists and engineers, we serve approximately 100,000 global customers, processing 100 billion data points daily from more than 5 million vehicle subscriptions. Geotab is trusted by Fortune 500 organisations, mid-sized fleets, and the largest public sector fleets in the world, including the US Federal government. Committed to data security and privacy, we hold FIPS 140-3 and FedRAMP authorisations. Our open platform, ecosystem of outstanding partners, and Geotab Marketplace deliver hundreds of fleet-ready third-party solutions. This year, we’re celebrating 25 years of innovation. Learn more at www.geotab.com/uk and follow us on LinkedIn or visit our blog.

GEOTAB and GEOTAB MARKETPLACE are registered trademarks of Geotab Inc. in Canada, the United States and/or other countries.

Media Contact: Geotab Contact, Romina Dashghachian, Strategic Communications Lead, EMEA, pr@geotab.com

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IDX Opens Geneva Office and Strengthens Global Data & Insights Capability

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New Swiss presence and specialist team integration support growing global demand for evidence-based, defensible communications strategies

LONDON, May 5, 2026 /PRNewswire/ — IDX today announced the opening of its new Geneva office and the integration of a specialist Data & Insights team, strengthening the company’s international footprint and expanding its ability to help clients worldwide build communications strategies grounded in evidence, market intelligence and audience insight.

The expansion gives IDX an on-the-ground presence in Switzerland while adding further depth to its Data & Insights capability. The Geneva-based team will work closely with IDX specialists across performance marketing and corporate communications, helping clients develop a clearer view of the markets they operate in and the forces shaping their growth.

The move aligns with Destination 250 – Customers First, IDX’s global strategy to grow its team by 250, focused on deepening client value, strengthening delivery and investing in the capabilities that matter most to clients.

The investment strengthens the Data pillar of IDX’s Connected Content™ model, which combines Creative, Data, Technology and Media to create what IDX calls The Multiplier Effect, helping clients multiply what matters through more connected, measurable and effective work.

“IDX is experiencing phenomenal growth, and our new Geneva office gives us boots on the ground to better serve clients across Europe and globally across performance marketing, investor relations and corporate communications,” said Crispin Beale, Worldwide CEO, IDX. “Data has been at the heart of this business for decades, and this centre of excellence reflects our continued investment in that capability. It’s an incredibly exciting time for IDX, and I look forward to the next phase of our growth as we continue to expand globally.”

“This is an exciting step in IDX’s growth story and a clear response to what clients are asking for: more evidence-based thinking, stronger market context and clearer rationale behind their communications strategies,” said Chris Corrigan, Chief Customer Growth Officer, IDX. “Our new presence in Geneva, combined with deeper Data & Insights expertise, strengthens the way we support clients globally, giving them earlier access to the insight and market context they need to make better-informed decisions and turn evidence into action.”

The Geneva office will strengthen relationships with existing clients in the region, support re-engagement with former partners and create new opportunities for IDX with organisations operating across European and global markets. It reflects IDX’s continued investment in the capabilities that matter most to clients as communications, marketing and corporate reputation work become increasingly data-led and commercially accountable.

“IDX’s integrated offer across insights, performance marketing and corporate communications, powered by the combination of human intelligence, advanced technology and AI, represents exactly where the industry is heading,” said Lonneke de Roo, Head of Data & Insights, IDX. “I am delighted to join the business and help clients navigate increasingly complex markets with clearer evidence, sharper insight and more connected strategies.”

ABOUT IDX  

IDX is a global strategic communications and marketing agency, headquartered in London with offices around the world, including New York, London, Phoenix, Helsinki, Gothenburg, Geneva, and Vadodara. Working with more than 1,600 clients across sectors, IDX combines deep industry knowledge with a data-first mindset to help ambitious brands thrive in complex, fast-moving markets. The firm specialises in performance marketing, investor relations, and stakeholder engagement, delivering integrated campaigns that drive meaningful business outcomes. Visit www.idx.inc to learn more.

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