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ACOA investments support young entrepreneurs in P.E.I. – The Journal Pioneer

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Ottawa is investing more than $500,000 to support young entrepreneurs on P.E.I.  

The Atlantic Canada Opportunities Agency (ACOA) is providing $518,000 in funding for Charlottetown’s Ignition Start Up Zone Inc.  

The funding includes:

  • $131,250 to offer specialized mentoring in investment readiness and investment attraction,
  • $105,000 to support executive in-residence initiative for startup companies and engage high-level expertise to help companies scale and compete in the global market and
  • $281,750 to provide 12 months of programming and support services to start-up, early-stage and high-growth potential companies on P.E.I. 

“The economic prosperity of Prince Edward Island is tied directly to the success of Island entrepreneurs and small businesses,” Charlottetown MP Sean Casey said in a statement. 

Sean Casey – Contributed

 

“The Startup Zone helps to create the right conditions for ideas to thrive, for creativity to flourish and for young entrepreneurs to grow,” said Casey.

“This funding will continue to strengthen the entrepreneur community and promote, new, innovative businesses.” 

The funding is part of $5.3 million ACOA is contributing to support 22 initiatives led by 16 organizations that focus on increasing entrepreneurship skills, awareness and opportunities for youth in Atlantic Canada. 

“The energy and ingenuity of young Canadians are critical to the success of our economy – not just in the future, but right now,’’ says Mélanie Joly, minister responsible for ACOA. 

“We know that young entrepreneurs have been hit hard by COVID-19, and we stand with them.”

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Japan may create up to $19 billion fund to promote green investment: sources – TheChronicleHerald.ca

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By Yoshifumi Takemoto and Kaori Kaneko

TOKYO (Reuters) – Japan’s government is considering creating a 1 trillion to 2 trillion yen ($9.63 billion to $19.27 billion) fund to promote investment in environment-friendlier areas, three government officials with direct knowledge of the matter told Reuters.

The fund will be part of the government’s third stimulus package to be compiled next week, which will also consist of measures to prevent the spread of the novel coronavirus and spending for disaster-proof infrastructure, the officials said.

It is one of several funds the government is considering creating, with targets including technical development in battery storage and carbon emission reduction, the officials said.

Prime Minister Yoshihide Suga has pledged to make green investment a pillar of his policy agenda as Japan aims to cut greenhouse gas emissions to net zero by 2050.

To that end, Japan may ban sales of new gasoline-engine cars by the mid-2030s in favour of hybrid or electric vehicles, public broadcaster NHK reported on Thursday.

(Reporting by Yoshifumi Takemoto and Kaori Kaneko; Writing by Leika Kihara; Editing by Christopher Cushing)

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Japan may create up to $19 billion fund to promote green investment: sources – The Guardian

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By Yoshifumi Takemoto and Kaori Kaneko

TOKYO (Reuters) – Japan’s government is considering creating a 1 trillion to 2 trillion yen ($9.63 billion to $19.27 billion) fund to promote investment in environment-friendlier areas, three government officials with direct knowledge of the matter told Reuters.

The fund will be part of the government’s third stimulus package to be compiled next week, which will also consist of measures to prevent the spread of the novel coronavirus and spending for disaster-proof infrastructure, the officials said.

It is one of several funds the government is considering creating, with targets including technical development in battery storage and carbon emission reduction, the officials said.

Prime Minister Yoshihide Suga has pledged to make green investment a pillar of his policy agenda as Japan aims to cut greenhouse gas emissions to net zero by 2050.

To that end, Japan may ban sales of new gasoline-engine cars by the mid-2030s in favour of hybrid or electric vehicles, public broadcaster NHK reported on Thursday.

(Reporting by Yoshifumi Takemoto and Kaori Kaneko; Writing by Leika Kihara; Editing by Christopher Cushing)

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Cominar Real Estate Investment Trust Announces December 2020 Monthly Distribution – Canada NewsWire

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QUÉBEC CITY, QC, Dec. 3, 2020 /CNW/ –  Cominar Real Estate Investment Trust (“Cominar”) (TSX: CUF.UN) announced today a distribution of 3.00 cents per unit to unitholders of record as at December 15, 2020, payable on December 31, 2020.

PROFILE AS AT December 3, 2020

Cominar is one of the largest diversified real estate investment trusts in Canada and is the largest commercial property owner in the Province of Québec. Our portfolio consists of 314 high-quality office, retail and industrial properties, totalling 35.8 million square feet located in the Montreal, Québec City and Ottawa areas. Cominar’s primary objective is to maximize total return to unitholders by way of tax-efficient distributions and maximizing the unit value through the proactive management of our portfolio.

SOURCE COMINAR REAL ESTATE INVESTMENT TRUST

For further information: Analysts and Investors: Sylvain Cossette, President and Chief Executive Officer, [email protected]; Antoine Tronquoy, Executive Vice President and Chief Financial Officer, [email protected], Tel: (418) 681-8151; Media: Sandra Lécuyer, Vice President, Talent and organisation, [email protected]

Related Links

www.cominar.com

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