A roundup of the most newsworthy press
releases from Cision Distribution this week
TORONTO, May 3, 2024
/CNW/ - With thousands of press releases published each week, it
can be difficult to keep up with everything on Cision. To help
journalists and consumers stay on top of the week's most newsworthy
and popular releases, here's a recap of some major stories from the
week that shouldn't be missed.
The list below includes the headline (with a link to the full
text) and an excerpt from each story. Click on the press release
headlines to access accompanying multimedia assets that are
available for download.
- Canada to introduce new
rules around off-campus work hours for international
students
International students enrich Canada's social, cultural
and economic fabric. That is why, in recent months, Immigration,
Refugees and Citizenship Canada has introduced reforms to the
International Students Program, to ensure system integrity while
protecting students from fraud and financial
vulnerability. The Honourable Marc Miller, Minister of Immigration,
Refugees and Citizenship, announced today that
the temporary policy allowing students to work
more than 20 hours per week off campus will come to an end on
April 30, 2024, and it will not be extended. This fall, we
intend to change the number of hours students may work off campus
per week to 24 hours.
- T&T SUPERMARKET STATEMENT REGARDING RECENT FOOD
RECALL
Eight T&T Kitchen Brand items sold in British
Columbia and Alberta have been recalled due to
concerns related to potential Listeria contamination. The products
in question were promptly removed from shelves on April 25th,
2024. These products were sourced from a supplier facility (Jue Wei
Food Ltd.) where traces of listeria were found as part of their
routine inspection. These eight products were pre-packaged by Jue
Wei Food Ltd. and did not undergo any packaging or handling at any
T&T store or facility. There have been no reported illnesses
relating to these products. This recall does not involve T&T's
produce or meat departments. These products are not sold
in Ontario or Quebec stores.
- Tim Hortons week-long Smile
Cookie campaign returns TODAY with 100% of proceeds from each
cookie sold donated to local charities and community
groups
"Our annual Smile Cookie campaign is a beloved and cherished
tradition for Tim Hortons restaurant
owners, team members and guests because of the amazing impact we
can make together – while enjoying some delicious cookies,"
says Axel Schwan, President of Tim
Hortons. "Last year's Smile Cookie campaign raised a
record-breaking $19.7 million and I know our guests will
be rallying with us again this year to support over 600 charities
and community groups and the amazing work they do." Guests can
support a local charity or community group by purchasing Smile
Cookies or one of four adorable Smile Cookie personality pins: the
Loopy, Bugsy, Starry and Squirmy Smile Cookie pins.
- Celebrating Connectivity: telMAX brings Canada's Fastest Internet to The City of Richmond Hill.
This new infrastructure, privately funded by telMAX, will bring
cutting-edge fibre optic technology to the community, offering
ultra-fast and reliable Internet access. telMAX was
ranked Canada's Fastest Internet Service Provider by PC
Mag in 2022 and 2023. Richmond Hill marks the next step in
telMAX's expansion in the Greater Toronto Area. Today telMAX
offers internet, TV and phone services
in Brooklin, Stouffville, Newmarket,
and Aurora. This initiative is a demonstration of telMAX's
commitment to providing communities with lightning-fast
connections, superior local support, and a focus on delivering the
top-tier customer experience that only pure fibre optic networks
can offer.
- SILVERCORP TO ACQUIRE ADVENTUS, CREATING A GEOGRAPHICALLY
DIVERSIFIED MINING COMPANY BY ADDING THE ADVANCED EL DOMO
PROJECT
Silvercorp Chairman
and CEO, Dr. Rui Feng, said: "This
transaction will create a new globally diversified green metals
producer. It presents the opportunity for us to leverage our
technical expertise and strong balance sheet to unlock value for
all shareholders by constructing the El Domo project. We look
forward to working with the Government of Ecuador and
local communities, as well as leveraging the existing Adventus and
Curimining teams, to grow our business in Ecuador which
will generate sustainable economic, social, and environmental value
for all stakeholders."
- Air Canada Reports First Quarter 2024 Financial
Results
"Air Canada's solid first quarter results position our
airline for a strong performance in 2024. We had operating revenues
of $5.2 billion in the quarter, up $339
million from last year. Adjusted EBITDA grew by $42
million year over year to $453 million. I thank our
employees for their hard work taking care of our 11 million
customers and transporting them safely throughout the quarter. I
also commend them for improving our operations, notably a 13
percentage-point increase in system-wide, on-time arrivals,
preparing us for an anticipated busy summer period,"
said Michael Rousseau, President and Chief Executive Officer
of Air Canada.
- BCE reports first quarter 2024 results
"Today's results reflect the Bell team's continued ability to
successfully navigate a heightened competitive environment and
achieve operational results in line with our expectations for the
quarter," said Mirko Bibic, President and CEO of BCE
and Bell Canada. "Bell is off to a solid start with adjusted
EBITDA and margin that were ahead of plan, demonstrating the team's
focus on operational efficiencies and our continued efforts to
address near-term economic pressures, while effectively balancing
growth with profitability." "BCE's Q1 results demonstrate that
we're on the right path forward as we head further into 2024,"
said Curtis Millen, Chief Financial Officer of BCE
and Bell Canada.
- A First in Western Canada:
Avenue Living Leverages BMO's Retrofit Program to Add 179 New
Rental Units in Downtown
Edmonton
Avenue Living Asset Management, Ltd. (Avenue Living) is
proud to announce an innovative funding partnership with
BMO to revitalize a mixed-use multi-family residential and
commercial building at 10609 101st Street NW
in Edmonton, Alberta. The
nearly $28 million project was made possible
through BMO's short-term retrofit financing
program and includes energy retrofits and sustainability
upgrades that are expected to reduce the building's greenhouse gas
emissions by up to 64 per cent. Additionally, with a current
purpose-built rental vacancy rate of 2.4 per cent in the city, the
project's 179 new units will significantly contribute to meeting
the demand for housing in Edmonton's downtown core.
- The Secret is Out: Shake Shack is Heading to Yonge and
Dundas
Shake Shack has officially confirmed it will be shaking things up
at the corner of Canada's busiest intersection - Yonge
and Dundas. The 5,500-square-foot restaurant on the northeast
corner of Yonge and Dundas will continue the
transformation of this neighbourhood by providing locals and
visitors alike with a convenient and delicious dining option. "We
are thrilled to confirm the rumours and open our doors at Yonge
and Dundas, marking the beginning of a delicious journey for
Canadians," said Billy Richmond, Business Director at Shake
Shack Canada. "We're excited to serve up our signature Shack
classics along with some Canadian exclusives that we've developed
with our local culinary partners to be enjoyed
amongst Toronto's dynamic cityscape."
- Loblaw 2024 First Quarter Results Reflect Continued Focus on
Providing Everyday Value to Customers
Loblaw began 2024 with another quarter of strong operational and
financial results. The focus on retail excellence continued across
the Company's businesses driving sales growth, reductions in
shrink, and earnings growth. The Company's market leading discount
banners, private label brands, and personalized PC Optimum™ offers
resonated with customers. This resulted in higher store traffic,
strong market share gains in Food Retail, and revenue growth that
stands out against lower internal inflation. An increase in Drug
Retail sales reflected continued strength in front store beauty and
cough and cold products. Canada's Consumer Price Index
("CPI") for Food Purchased From Stores in March was 1.9%, the
lowest level recorded in more than two years and was below the
headline CPI in the first quarter of 2024.
Read more of the latest releases from Cision, see
our resources for journalists, and stay caught up on
the top press releases by following @cnwnews.
About Cision Canada
Cision is a comprehensive communications platform enabling more
than 100,000 public relations and marketing professionals around
the world to understand, influence and amplify their stories. As
the market leader, Cision enables the next generation of
communication professionals to strategically operate in the modern
media landscape where company success is directly impacted by
public opinion. Cision has offices in 24 countries through the
Americas, EMEA and APAC, and offers a suite of best-in-class
solutions, including Newswire, Brandwatch, Cision Communications
Cloud® and Cision Insights. To learn more, visit
www.cision.ca and follow @CisionCA on Twitter.
SOURCE Cision Canada