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Alberta makes $10M investment in cancer therapy program – CTV Toronto

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CALGARY —
Health Minister Tyler Shandro unveiled new financial support for cancer care in the province during an announcement Monday morning.

Shandro says the provincial government will be investing $10M to a new CAR T-cell therapy program for patients in Alberta with specific types of leukemia and lymphoma, and the Alberta Cancer Foundation will provide an additional $5M to the initiative.

“CAR T-cell therapy trials have demonstrated durable remissions and potential cures in about 50 per cent of adults and 80 per cent of children and young adults,” said Shandro in a statement released during the announcement. “We want to provide Albertans with the same recovery opportunities, and that’s why we’re establishing a made-in-Alberta program. Our government is pleased to be partnering with the Alberta Cancer Foundation to make this happen.”

According to the province, Alberta joins Ontario and Quebec as the only provinces in Canada offering the therapy. A clinical trial of Alberta-manufactured CAR T-cells will be conducted at the Cross Cancer Institute, the Tom Baker Cancer Centre and the Alberta Children’s Hospital and treatment is expected to begin at the Tom Baker Cancer Centre by the end of 2020.

The investment will help fund nursing staff, health care worker training and education, patient education, lab and diagnostic imaging, and follow-up care.

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Unpacking the finance sector's climate related investment commitments – NewClimate Institute

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First analysis of financial sector climate-related investment pledges

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Financial institution’s climate-related investment targets have rapidly grown in recent years. In this report, we provide insights into the magnitude and ambition of these targets, and investigate their relationship with GHG emissions in the real economy. Specifically, this report maps out the financial sector’s climate-related investment targets against a range of indicators, such as monetary investments in ‘green’ projects, and required ‘green’ investments and GHG emission reductions. It thereby considers both climate-related investment pledges made by individual financial institutions as well as those made by major finance-related international cooperative initiatives (ICIs).


Main Findings:

Financial institution’s climate-related investment targets have rapidly grown in recent years. We find financial institutions with cumulative assets of at least USD 47 trillion under management are currently committed to climate-related investment targets. This represents 25% of the global financial market, which is around USD 180 trillion. The number and growth of such targets is significant and represents considerable momentum – even if the individual targets vary in their ambition and do not cover all assets under management.

While the trend and efforts of the financial sector are promising, it should be noted that financial institutions do not have full control over their investees’ emissions. Reducing the carbon intensity of a portfolio by divesting, with the objective of aligning it with the Paris Agreement, does not necessarily always lead to emission reductions in the real economy, as others can invest in the emission intensive assets that were sold. Only if a large share of the financial sector sets and works to actualise robust climate-related investment targets and effectively implements them, investees have to react and reduce their emissions. Currently, most financial institutions that have set such targets are located in Europe, the United States of America, and Australia. To align all financial flows with the Paris Agreement temperature goal, it is crucial that institutions in other parts of the world also commit to ambitious investment targets.

We distinguish between three main types of climate-related investment targets – or mechanisms – that financial institutions can use to influence global GHG emissions: divestment, positive impact investment, and corporate engagement. These mechanisms influence the actions investee companies must take – and correspondingly, global GHG emissions – in different ways (see Figure).

Cause effect relation between the different mechanisms, investee companies and global GHG emissions.

We identified a number of factors at the financial institution, company, and country level that can increase the likelihood that a climate-related investment targets will have an impact on actual emission levels. These include for example the size of a financial institution (measured by assets under management) and whether the targeted investee company has previous experience with ESG. The more these factors point in the right direction, the more likely that investment targets will lead to emissions reductions.

The factors play out differently per asset class and per target type. For example, a divestment target related to a government bond share may produce a different outcome than a divestment from a corporate bond; and corporate engagement is usually more effective if there is direct access to investee’s management.

Insights into the factors or impact conditions may support financial institutions in setting potentially more effective targets, policymakers to consider effective regulation and the scientific community, and the wider public, to better assess financial sector targets.


Contacts for further information: Katharina Lütkehermöller, Silke Mooldijk

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$90 million investment into connectivity infrastructure across B.C. – CKPGToday.ca

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Photo Courtesy: ID 180348991 © Michael Nesterov | Dreamstime.com

By Veronica Beltran

connecting B.C.

Sep 22, 2020 5:00 AM

VICTORIA—The Province is investing $90 million in connectivity to encourage a rapid expansion of high-speed internet access and drive regional economic development in rural areas, Indigenous communities, and along B.C.’s highways.

The one-time $90 million investment is part of B.C.’s Economic Recovery Plan for the Connecting British Columbia program and will target connectivity infrastructure projects for a new Economic Recovery Intake.

“Rural and Indigenous communities are an essential part of the province’s economic engine. Now is the time to invest in modern infrastructure so people living outside the city can also benefit from today’s technologies.”—Anne Kang, Minister of Citizens’ Services

“Ensuring people have the connectivity they need to be successful is a key part of our recovery from the COVID-19 pandemic. This investment will bring real and lasting benefits to families, workplaces and communities throughout B.C., ensuring the province emerges stronger than ever,” adds Kang.

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COVID-19 forces one of the biggest surges in technology investment in history, finds world's largest technology leadership survey – Canada NewsWire

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The largest technology leadership survey in the world of over 4,200 IT leaders, analyzing responses from organizations with a combined technology spend of over US$250bn, also found that despite this huge surge of spending, and security & privacy being the top investment during COVID-19, 4 in 10 IT leaders report that their company has experienced more cyber attacks.

Bev White, CEO of Harvey Nash Group said: “This unexpected and unplanned surge in technology investment has also been accompanied by massive changes in how organizations operate – with more organizational change in the last six months than we have seen in the last ten years. Success will largely be about how organizations deal with their culture and engage with their people.”

Steve Bates, Principal, KPMG in the US and global leader of KPMG International’s CIO Center of Excellence, said: “IT in the New Reality will be shaped by economic recovery patterns unique to each sector, location, and company. While every CIO is responding to these forces differently, one thing remains consistent; the urgency to act swiftly and decisively. Technology has never been more important to organizations’ ability to survive and thrive.

Full release here.

Media Contacts:

David Pippett
ProServ PR
[email protected] 
+44 (0) 7899 798197

Michelle Thomas
Harvey Nash
[email protected]
+44 (20) 7333 2677

Amy Greenshields
KPMG International
+1 416 777 8749
[email protected]

[1] See notes to editors.
[2] See notes to editors.

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SOURCE Harvey Nash Group

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