Carney off to Europe for EU, NATO summits
Prime Minister Mark Carney is off to Europe today for back-to-back summits, where he's expected to make major commitments on security and defence. Carney will be joined by Foreign Affairs Minister Anita Anand, National Defence Minister David McGuinty and secretary of state for defence procurement Stephen Fuhr. (June 22, 2025).
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Danielle Smith touts Alberta supremacy at Rotary International Convention in Calgary
Premier Danielle Smith welcomed thousands of Rotary International delegates to Calgary on Sunday, using the stage to tout Alberta's economic strength, energy ambitions and approach to addiction recovery. More than 15,000 Rotary members from more than 120 countries are expected to gather in Calgary this week for the Rotary International Convention, a five-day event that runs through Wednesday at Stampede Park. Speaking at the official opening ceremony at the Scotiabank Saddledome, Smith — a former Rotarian herself — described Alberta as 'Canada's economic engine,' pointing to the province's population growth, economic climate and natural resource wealth. 'I want to take this opportunity to do just a little bit of bragging about this beautiful province,' she said. 'That is one of the perks of my job. I get to be the lead cheerleader for my favorite place in the world.' Peace pole, House of Friendship and more: What to know about the Rotary International Convention in Calgary Rotary convention kicks off at Stampede Park with House of Friendship grand opening Smith cited recent Statistics Canada data showing that Alberta led the country in population growth during the first quarter of 2025, gaining more new residents than the rest of Canada combined. Between Jan. 1 and April 1, Alberta's population grew by 20,562, while four provinces and one territory saw population declines, including record quarterly losses in Ontario and British Columbia. Alberta also had the highest net gain from interprovincial migration during that time. Smith attributed the growth to economic opportunity and a 'welcoming and free society,' drawing people to the province. 'Alberta has drawn in people from near and far for a few very good reasons,' she said. 'Investors see our low corporate taxes, our skilled workforce, and our business-friendly climate as an increasingly attractive package and our tech sector is growing as a result.' Smith also highlighted her government's efforts to expand mental health and addiction services, referring to the so-called 'Alberta recovery model.' 'Since 2019, our government has added around 10,000 addiction treatment spaces, including detox treatment and long-term recovery spaces,' she said. 'We recognize that we have a lot more work to do, but the Alberta recovery model is showing early signs of success, and we're very proud of what we have accomplished so far.' Much of her speech focused on promoting Alberta's energy sector. Smith praised the province's level of oil and gas production — currently averaging about four million barrels a day — and said the government intends to double that output. 'Over the years this industry has delivered extraordinary prosperity to our province and to the rest of Canada, and Alberta is proud to be one of the world's foremost producers of oil and natural gas, and we are proud of what that energy means for the world.' Smith also noted industry efforts to move toward a lower-carbon future, citing net-zero commitments and the province's leadership in carbon capture and hydrogen production. 'If, as we know, the world will need more oil and gas for decades to come, then our trading partners might as well buy it from a supplier that cares about human rights, a supplier that protects the environment and reduces emissions even as it increases production,' she said. While Rotary International is not a political organization, the international convention comes at a time of global geopolitical tension. Rotary International president Stephanie Urchick also addressed the audience, emphasizing the organization's mission to build unity across borders. 'The world right now can feel divided, but Rotary brings together people from every corner of the globe, not to erase our differences, but to celebrate them,' she said. 'That's how we spread peace, because peace is more than the absence of conflict, it's the presence of understanding.' Rotary International is a global service organization that boasts more than a million volunteer members focused on community and humanitarian efforts. The convention is expected to pump $81 million into Calgary's economy.
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Sequa Petroleum N.V. Update
LONDON, June 23, 2025--(BUSINESS WIRE)--Regulatory News: (BOURSE:MLSEQ) Further to its announcement of 19 May 2025, Sequa Petroleum N.V. (the "Company") has continued to monitor the situation and has not received any indication that progress towards completion of the Transaction will restart. Despite extensive efforts the Company has not been able to raise new equity capital, and without completion of the Transaction the Company will not be able to maintain a going concern nor pursue its business development strategy. Accordingly, the Company has started to reduce its remaining financial liabilities as required to pursue closure of the Company in compliance with statutory provisions for dissolution of the Company and its subsidiaries, and in a solvent manner. The Company is preparing for an extraordinary general meeting of shareholders to be held in the near term to resolve on the dissolution process. View source version on Contacts info@ Sign in to access your portfolio
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After U.S. strikes in Iran, Torontonians with family in Iran, Israel worry for loved ones
U.S. strikes on Iran this weekend are reverberating in Toronto, as with some in the city fear for their loved ones in the Middle East while others protested outside the U.S consulate in reaction. On Saturday, the U.S. military attacked key Iranian nuclear sites in Fordo, Natanz and Isfahan, the latest development in an escalating conflict between Israel and Iran. Mina Morshed, a Toronto woman who has family in Tehran, told CBC TV's Rosemary Barton Live that her parents and sister are in Tehran and she spoke to them a few days ago. She said she has tried to tell them that they are not alone. "I am worried about my parents, family, friends," Morshed said. WATCH | Iranian Canadian in Toronto worries for family in Tehran after U.S. strikes: Those with family in Israel have similar concerns. Laurent Attali, a Toronto-born Montrealer now living in Etobicoke, said he has been trying for days to get his two daughters and their families, who live near Tel Aviv, out of Israel. He said he bought them two sets of plane tickets that were cancelled by the airlines. Attali said the latest plan is for them to go by bus from Tel Aviv to the Amman airport in Jordan, but it's not a good solution, as Amman is considered hostile to Israelis because of Palestinian supporters who live there. He said he thinks the Canadian government could charter a boat or plane from Israel to get Canadians people out. Now, Attali said he has been glued to the television to figure out where the bombs are being dropped in Tel Aviv to see if the sites are near where his family and friends live. "For us, since that evening, we have been 10 to 15 hours a day [watching] the TV. We are all the time at the TV," he said. Protestors gather outside U.S. consulate Sunday Meanwhile, hundreds of people gathered outside the U.S. consulate on Sunday afternoon to protest U.S. military action in Iran. Organizers of the "Hands Off Iran" rally said in a media advisory that the demonstrators condemn Western involvement in the conflict, and are also calling on the Canadian government to sanction Israel and to implement an arms embargo on Israel. Parsa Golesorkhi, an organizer of the rally, said he has been watching his hometown of Tehran get bombed in what he called an "unprovoked, illegal and criminal act of aggression" by Israel and now, the United States. "We are here first of all to condemn this aggression against our people — and we are not just as Iranians, but standing with our allies from different communities, from the Palestinian community, from the Jewish community," Golesorkhi said. Noah Shack, CEO of the Centre for Israel and Jewish Affairs, based in Toronto, said attacks on Iranian nuclear sites are justified given the danger that they pose to the world. "The Iranian nuclear program poses a threat not just to Israel but to the broader Middle East and indeed the world," he said. "This is a dangerous regime and the world is safer without them having access to nuclear weapons." Prime Minister Mark Carney, in a post on X, said on Sunday that the U.S. military action was "designed to alleviate" threats posed by Iran, but the situation in the Middle East remains "highly volatile." "Stability in the region is a priority," Carney said. "Canada calls on parties to return immediately to the negotiating table and reach a diplomatic solution to end this crisis."
