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Tennis Canada and National Bank launch national program to revitalize more than 100 outdoor public tennis courts across the country

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Tennis Canada and National Bank

Program aims to make tennis even more accessible, invites municipalities to apply for a share of a $3 million investment in community court infrastructure

 

Montreal, August 4, 2022 – Tennis Canada and National Bank announce the launch of the National Bank Play Your Court Program, an ambitious, first-of-its-kind, grant program that aims to help many communities revitalize their outdoor public tennis courts. Funded by National Bank, the initiative makes available $3 million that will be directed to more than 100 courts across the country by 2030. The first four courts to be revitalized are located at Morris Kerbel Park, in Brampton, Ontario.

“We’re excited about this new initiative with our long-time partner Tennis Canada. The revitalization of public courts will have a significant positive impact in many communities across the country and will allow thousands of tennis enthusiasts to benefit from quality facilities in their neighbourhoods. We’re convinced that providing an inviting environment will also encourage many new players to take up the sport and enjoy its benefits,” said Jean-François Hanczakowski, Senior Vice-President, Client Experience and Digital at National Bank.

Over the past decade, the popularity of tennis has increased in part thanks to the achievements of players like Eugenie Bouchard, Bianca Andreescu, Félix Auger-Aliassime, Leylah Annie Fernandez, Denis Shapovalov and Milos Raonic.

“Canadians of all ages and abilities should be able to make their way to a local court knowing they’ll find a quality tennis court and environment where they can be active with family and friends,” says Michael Downey, President at Tennis Canada. “This project is an important part of our long-term athlete development efforts and commitment to making the sport even more accessible than it already is. We are grateful to National Bank for its vision and dedication to the fun, wholesome and safe sport that we love.”

The program is part of a 10-year partnership between Tennis Canada and National Bank that was announced in February 2021. Elements of this corporate partnership, considered the largest in the history of the sport in Canada, include multifaceted sponsorships of the National Bank Open tournaments in Toronto and Montreal, National Bank Challenger Tour and regional events. It also features support of provincial tennis associations and the Tennis Professionals Association (TPA), a long-term gender equity strategy, and the popular National Bank Little Aces talent recruitment and development program.

“The value of this partnership is priceless,” says Eugène Lapierre, Senior Vice-President – Quebec, Tennis Canada. “The truth is these programs leave a longstanding and positive impact on people from all walks of life, their families and communities. This is the awesome power of sport, as well as partnerships with caring, visionary companies. On behalf of our tennis community, thank you National Bank for your commitment to this sport.”

Municipalities can submit their grant applications as of October 2022 as part of a selection process that will be managed by Tennis Canada. Modelled after the Brampton project, the program is looking to offer similar grants to two projects in 2023, and then four annually from 2024 to 2030.

A person playing tennis

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Courts at the Morris Kerbel Park, in Brampton, Ontario, which will be the first four courts to be revitalized. Photo credit: Jenna Muirhead

 

Information on the program as well as an application form will be available over the next few months at tenniscanada.com/PlayYourCourt.

ABOUT TENNIS CANADAFounded in 1890, Tennis Canada is a non-profit, national sport association with a mission to lead the growth of tennis in Canada and a vision to become a world-leading tennis nation. The organization values teamwork, passion, integrity, innovation, and excellence. Tennis Canada owns and operates the premier National Bank Open presented by Rogers WTA and ATP Tour events, four professional ATP and ITF sanctioned events and financially supports four other professional tournaments in Canada. Tennis Canada operates junior national training centres/programs in Toronto, Montreal, Vancouver, and Calgary. Tennis Canada is a proud member of the International Tennis Federation, the Canadian Olympic Committee, and the Canadian Paralympic Committee, and serves to administer, sponsor, and select the teams for Davis Cup, Billie Jean King Cup, the Olympic and Paralympic Games and all wheelchair, junior and senior national teams. Tennis Canada invests its surplus into tennis development. For more information on Tennis Canada please visit www.tenniscanada.com and follow the organization on Facebook and Twitter.

ABOUT NATIONAL BANK OF CANADA

With $370 billion in assets as at April 30, 2022, National Bank of Canada, together with its subsidiaries, forms one of Canada’s leading integrated financial groups. The Bank has more than 28,000 employees in knowledge-intensive positions and has been recognized numerous times as a top employer and for its commitment to diversity. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank’s activities at nbc.ca or via social media such as FacebookLinkedIn and Twitter.

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United Airlines will offer free internet on flights using service from Elon Musk’s SpaceX

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CHICAGO (AP) — United Airlines has struck a deal with Elon Musk’s SpaceX to offer satellite-based Starlink WiFi service on flights within the next several years.

The airline said Friday the service will be free to passengers.

United said it will begin testing the service early next year and begin offering it on some flights by later in 2025.

Financial details of the deal were not disclosed.

The announcement comes as airlines rush to offer more amenities as a way to stand out when passengers pick a carrier for a trip. United’s goal is to make sitting on a plane pretty much like being on the ground when it comes to browsing the internet, streaming entertainment and playing games.

“Everything you can do on the ground, you’ll soon be able to do on board a United plane at 35,000 feet, just about anywhere in the world,” CEO Scott Kirby said in announcing the deal.

The airline says Starlink will allow passengers to get internet access even over oceans and polar regions where traditional cell or Wi-Fi signals may be weak or missing.

The Canadian Press. All rights reserved.



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Roots sees room for expansion in activewear, reports $5.2M Q2 loss and sales drop

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TORONTO – Roots Corp. may have built its brand on all things comfy and cosy, but its CEO says activewear is now “really becoming a core part” of the brand.

The category, which at Roots spans leggings, tracksuits, sports bras and bike shorts, has seen such sustained double-digit growth that Meghan Roach plans to make it a key part of the business’ future.

“It’s an area … you will see us continue to expand upon,” she told analysts on a Friday call.

The Toronto-based retailer’s push into activewear has taken shape over many years and included several turns as the official designer and supplier of Team Canada’s Olympic uniform.

But consumers have had plenty of choice when it comes to workout gear and other apparel suited to their sporting needs. On top of the slew of athletic brands like Nike and Adidas, shoppers have also gravitated toward Lululemon Athletica Inc., Alo and Vuori, ramping up competition in the activewear category.

Roach feels Roots’ toehold in the category stems from the fit, feel and following its merchandise has cultivated.

“Our product really resonates with (shoppers) because you can wear it through multiple different use cases and occasions,” she said.

“We’ve been seeing customers come back again and again for some of these core products in our activewear collection.”

Her remarks came the same day as Roots revealed it lost $5.2 million in its latest quarter compared with a loss of $5.3 million in the same quarter last year.

The company said the second-quarter loss amounted to 13 cents per diluted share for the quarter ended Aug. 3, the same as a year earlier.

In presenting the results, Roach reminded analysts that the first half of the year is usually “seasonally small,” representing just 30 per cent of the company’s annual sales.

Sales for the second quarter totalled $47.7 million, down from $49.4 million in the same quarter last year.

The move lower came as direct-to-consumer sales amounted to $36.4 million, down from $37.1 million a year earlier, as comparable sales edged down 0.2 per cent.

The numbers reflect the fact that Roots continued to grapple with inventory challenges in the company’s Cooper fleece line that first cropped up in its previous quarter.

Roots recently began to use artificial intelligence to assist with daily inventory replenishments and said more tools helping with allocation will go live in the next quarter.

Beyond that time period, the company intends to keep exploring AI and renovate more of its stores.

It will also re-evaluate its design ranks.

Roots announced Friday that chief product officer Karuna Scheinfeld has stepped down.

Rather than fill the role, the company plans to hire senior level design talent with international experience in the outdoor and activewear sectors who will take on tasks previously done by the chief product officer.

This report by The Canadian Press was first published Sept. 13, 2024.

Companies in this story: (TSX:ROOT)

The Canadian Press. All rights reserved.



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Trudeau says Ukraine can strike deep into Russia with NATO arms, Putin hints at war

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OTTAWA – Prime Minister Justin Trudeau says Ukraine should be allowed to strike deep inside Russia, regardless of Moscow threatening that this would draw Canada and its allies into direct war.

Russian President Vladimir Putin has warned that the NATO military alliance would draw itself into war if it allows Ukraine to use donated weapons to make long-range strikes inside Russia.

His comments come five weeks after Ukrainian forces stormed the border and put parts of Russian territory under foreign occupation for the first time since the Second World War.

Trudeau says Canada “fully supports Ukraine using long-range weaponry” to prevent Russian strikes on hospitals and daycares across the country.

He says Ukraine must win in fighting back against Russia’s invasion, or it will encourage other large countries to try absorbing their neighbours.

In May, Washington began allowing Ukraine to use American weaponry to strike inside Russia, but only for targets near the border being used to attack Ukraine’s second-largest city, Kharkiv.

“Canada fully supports Ukraine using long-range weaponry to prevent and interdict Russia’s continued ability to degrade Ukrainian civilians (and) infrastructure, and mostly to kill innocent civilians in their unjust war,” Trudeau told reporters at a news conference in Sainte-Anne-de-Bellevue, Que., on Friday.

“(Putin) is trying to deeply destabilize the international rules-based order that protects us all, not just in every democracy around the world, but in all countries around the world,” Trudeau said.

This report by The Canadian Press was first published Sept. 13, 2024.

— With files from the Associated Press.

The Canadian Press. All rights reserved.



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