HX Expeditions Is Partnering With the Inuit Community to Launch Excursions in Arctic Canada—What to Know

Journeys into the most remote, untouched corners of the planet is nothing new for HX Expeditions (HX), an adventure cruise company that has done things differently since they charted a new route to the Arctic in 1896. Now, they're pushing the envelope again by offering Arctic excursions that were developed alongside locals—in this case, the Inuit community of Nunavut, a sparsely populated territory in Arctic Canada that can only be accessed by plane or boat.
The excursions are the first community-led program of this scale in the region, marking a first for the global cruise industry.
To create the excursions, HX teamed up with Inuit Elders, local residents, and community-born staff. The offerings are launching this summer on HX's 25-day Northwest Passage sailings—a route that has been transited fewer than 450 times by ship in recorded history.
'This kind of collaboration is exactly what's needed in Arctic tourism. It's encouraging to see it begin in a way that centers Inuit voices and priorities. From the community side, if this model continues to grow with care, it will strengthen the experience for both locals and visitors. I look forward to seeing how it evolves and the lasting positive impact it will have for our communities and the people who travel through them,' Mariah Erkloo, an HX Product Planner and Inuk who was born and raised in the Nunavut community of Pond Inlet, said in a release shared exclusively with Travel + Leisure .
And perhaps most importantly, HX shared in the release that '100 percent of excursion revenue goes directly to individuals and businesses in Nunavut' in order to keep the experiences community owned and to support economic growth.
So what can travelers expect from these excursions? They range from guided hikes with Inuit storytelling and discussions with locals on life in the North to Arctic char fishing using traditional techniques. The groups average 10 to 12 guests and offer travelers the rare chance to engage with the daily life and traditions of the people who call these remote islands home.
'These intimate excursions are an opportunity for travellers to create meaningful personal connections with local residents and experience the beauty of Inuit hospitality like never before,' Alex McNeil, HX's Chief Expedition Officer, said in the release. He shared that the partnership is just the beginning for HX, adding that 'we believe the future of exploration lies in collaboration—with the people who have called these regions home for generations.'
The new Canadian Arctic excursions are available aboard HX's Northwest Passage sailings that run westbound from Greenland to Alaska aboard MS Fridtjof Nansen and eastbound from Alaska to Greenland aboard MS Roald Amundsen . The excursions take place in Erkloo's hometown of Pond Inlet, along with Gjøa Haven and Cambridge Bay.
Pricing ranges from $50 CAD (around $36 USD) to $425 CAD ($305 USD). For a full list of excursions with details and pricing, visit travelhx.com.

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Associated Press

23 minutes ago

• Associated Press

NATO leaders gather Tuesday for what could be a historic summit, or one marred by divisions

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NATO's troop plans A key part of the commitment for allies to defend one another is to deter Russia, or any other adversary, from attacking in the first place. Finland and Sweden joined NATO recently because of this concern. Under NATO's new military plans, 300,000 military personnel would be deployed within 30 days to counter any attack, whether it be on land, at sea, by air or in cyberspace. But experts doubt whether the allies could muster the troop numbers. It's not just about troop and equipment numbers. An adversary would be less likely to challenge NATO if it thought the allies would use the forces it controls. Trump's threats against U.S. allies — including imposing tariffs on them — has weakened that deterrence. The U.S. is carrying the biggest military burden Due to high U.S. defense spending over many years, the American armed forces have more personnel and superior weapons but also significant transportation and logistics assets. 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Yahoo

39 minutes ago

• Yahoo

Fondaction's share price set at $16.70

Highlights of the fiscal year ended May 31, 2025 Share value of $16.70, down $0.03 from the value established following the 6-month period ended November 30, 2024 and up $0.55 from the fiscal year ended May 31, 2024 Annual shareholder return of 3.4%, while shareholder return for the last 6-month period was -0.2% Annual compound shareholder returns: 3.4% over 1 year; 3.6% over 3 years; 5.8% over 5 years and 5.0% over 10 years, excluding tax credits Comprehensive income of $133.4M for the 6-month period Net assets reached $4.04B on May 31, 2025, up $268M or 7.1% from $3.77B as at May 31, 2024 222,451 shareholders, an increase of 1.8% compared with May 31, 2024 The carbon footprint of listed investments on the financial markets ("Other investments" category) is estimated at 20.1 tonnes CO2eq/$M invested, which is 52% less than the benchmark index as at April 30, 2025 MONTRÉAL, June 23, 2025 /CNW/ - Fondaction announces that as of today, its share value is set at $16.70. This represents an increase of $0.55 from the share value as at May 31, 2024. For the 6–month period ended May 31, 2025, shareholder return was -0.2% and shareholder return over the last 12 months was 3.4%. Share value following the 6-month period ended November 30, 2024 was $16.73. "For the first time, Fondaction's net assets have surpassed the $4 billion mark. Our community of shareholders continues to grow. Nearly a quarter of a million people have chosen to entrust us with some of their savings to help prepare for their retirement and contribute to shaping the world in which they will enjoy it. Our conviction remains unchanged, even in a more challenging economic landscape: companies that generate positive environmental and social spinoffs are most likely to deliver better financial returns in the long term. It's these companies that we aim to support through our investments," says Geneviève Morin, President and Chief Executive Officer of Fondaction. 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Redemptions and purchases by agreement of shares totalled $254.5M, compared with $202.5M for the 2024 fiscal year. As a long-term investor, Fondaction has chosen to integrate sustainability as a key consideration in its investments. This approach explains why the carbon footprint of the "Other investments" portfolio (listed investments on the financial markets) is estimated at 20.1 tonnes CO2eq/$M invested, compared to 41.4 tonnes CO2eq/$M invested for the index selected by Fondaction, which is 52% lower than that of the securities of a benchmark portfolio as at April 30, 2025. These values are based on data available on April 30, 2025, and were calculated using the PCAF methodology, in tonnes of GHG emissions CO2 equivalent per million dollars of enterprise value. The benchmark portfolio is composed of 40% MSCI ACWI, 40% FTSE Canada Universe Bond and 20% TSX Composite. Each shareholder rate of return indicated represents the historical annual compound total rate of return including changes in share value and reinvestment of all dividends, as applicable, and does not take into account income taxes payable by any shareholder that would have reduced the return. The rate of return serves only to illustrate the effects of the historic growth rate and is not intended to reflect any future share values or the return on an investment in the shares. There are ongoing costs associated with owning shares in an investment fund. Fondaction shares are not guaranteed. They are an investment whose value and performance will fluctuate, and past performance should not be taken as an indication of future performance. Before investing, please read the prospectus at About Fondaction A forerunner for almost 30 years, Fondaction is the investment fund for individuals and companies that are mobilizing for the positive transformation of Québec's economy, making it fairer, more inclusive, greener and more performant. As a labour-sponsored fund created at the initiative of the CSN, Fondaction represents tens of thousands of savers and hundreds of companies committed to helping Québec progress. It manages more than $4B in net assets, as at May 31, 2025, invested largely in hundreds of businesses and on the financial markets, prioritizing investments that generate positive economic, social and environmental spinoffs in addition to a financial return. Fondaction helps maintain and create jobs, reduce inequalities and combat climate change. For more information, visit or our LinkedIn page. SOURCE Fondaction View original content: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Yahoo

2 hours ago

• Yahoo

Wisr AI Systems Inc. Accelerates Global Business Development at Web Summit Vancouver, InfoSec Europe, and VivaTech Paris

Vancouver, British Columbia--(Newsfile Corp. - June 22, 2025) - Wisr AI Systems Inc. (CSE: WISR) ("Wisr AI" or the "Company"), a leading provider of AI-driven cyber and third-party risk intelligence, is pleased to announce the successful execution of several strategic business development initiatives across recent key global technology conferences, including Web Summit Vancouver, InfoSec Europe in London, and VivaTech Paris. Web Summit Vancouver (May 27-30, 2025) Wisr AI participated as part of the official AI delegation at Web Summit Vancouver, where CEO Rob Goehring was featured on panels discussing the future of predictive AI in enterprise cybersecurity and risk management. The Company held targeted meetings with industry stakeholders, public-sector innovation leaders, and investors. These engagements served to strengthen Wisr AI's leadership role in Canada's AI sector while building new relationships across the North American innovation landscape. InfoSec Europe, London (June 3-5, 2025) At InfoSec Europe, one of Europe's leading cybersecurity conferences, Wisr AI advanced its market development objectives through high-level engagements with managed service providers, enterprise IT risk teams, and government-backed cyber programs. The Company showcased its predictive risk platform designed to detect vendor vulnerabilities, ingest global intelligence signals, and automate prioritization of emerging cyber threats. The event marked a key milestone in Wisr AI's strategy to expand its European footprint. VivaTech Paris (June 11-14, 2025) Wisr AI was honoured to be selected as part of Canada's official delegation to VivaTech Paris, where Canada was recognized as "Country of the Year". The event brought together over 180,000 attendees and 2,800 exhibitors, including a strong cohort of AI-focused companies from around the world. Wisr AI used the opportunity to demonstrate how its platform leverages artificial intelligence to improve cyber resilience and compliance across complex global supply chains. Throughout the conference, Wisr AI engaged in bilateral meetings with multinational corporations, innovation ministries, and enterprise risk teams. These discussions were supported by Canadian and provincial trade delegations and enabled the Company to identify potential new European partners, explore collaboration with cross-border regulatory frameworks, and align with emerging AI safety and sovereignty initiatives. Rob Goehring, CEO of Wisr AI, stated: "These global events provided a powerful platform for Wisr AI to expand its reach and share our vision of proactive, intelligence-led risk management. We're proud to represent Canadian innovation on the world stage and are encouraged by the momentum we've built with partners and prospects in both North America and Europe." Equity Incentive Grants The Company also announces that on June 20, 2025, Wisr AI adopted a "rolling" omnibus equity incentive plan (the "Incentive Plan") and granted a total of 4,550,000 stock options and 3,900,000 restricted share units ("RSUs") to certain directors, officers, and consultants of the Company. Each stock option is exercisable into one common share of the Company at a price of $0.15 per share for a period of up to 5 years. The RSUs vest in accordance with time-based criteria established by Wisr AI's Board of Directors, with none of the RSUs vesting until at least six (6) months following the grant date. The grants are intended to align the interests of the Company's team with long-term shareholder value creation and to support the continued growth and success of Wisr AI. The foregoing stock options and RSUs are subject to the Incentive Plan in all respects, as well as any required approvals of the Canadian Securities Exchange and the Company's shareholders. About Wisr AI Systems Inc. Wisr AI Systems Inc. (CSE: WISR) is a Vancouver-based technology company specializing in AI-powered cyber risk prediction and third-party risk intelligence. The Company's platform analyzes real-time global signals—including breach data, dark web intelligence, and firmographic context—to help organizations identify, prioritize, and act on emerging cyber and supply chain risks. Wisr AI supports enterprise resilience by enabling dynamic, scalable, and predictive governance, risk, and compliance (GRC) strategies. For further information, please contact: Robert GoehringChief Executive OfficerTelephone: +1 (778) 200-9005Email: ir@ The Canadian Securities Exchange has not in any way passed upon the merits of the matters referenced herein and has neither approved nor disapproved the contents of this news release. Forward-Looking Information: This news release may contain statements that constitute "forward-looking information" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and operating performance. Forward-looking information is often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" or similar expressions and includes information regarding, among other things, expectations for other economic, business, and/or competitive factors. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations of the Company's management, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; and compliance with extensive government regulation. This forward-looking information may be affected by risks and uncertainties in the business of the Company and market conditions. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law. To view the source version of this press release, please visit