Toronto Pearson awards $1.57M Uplift Fund to 11 local organizations to support workforce development, skilled trades training
TORONTO, June 3, 2025 /CNW/ - Toronto Pearson is awarding $1.57 million through its Uplift Fund to 11 organizations dedicated to supporting workforce development and expanding the construction skilled trades in communities surrounding the airport. The airport is also committing to broadening its focus to include organizations and job seekers across the entire Pearson Economic Zone over the next three years.
This investment will provide more than 2,000 local residents with job placements, training, and career coaching in communities around Toronto Pearson, including Brampton, Mississauga, and Etobicoke.
The fund focuses on two streams: breaking down barriers to meaningful employment and growing the construction skilled trades workforce – a new stream that addresses the need to support the construction industry and supports Toronto Pearson's long-term growth plans.
"Toronto Pearson understands the importance of partnering with community organizations, as we move forward with plans to build the airport of the future," said Deborah Flint, President and CEO of Toronto Pearson. "The Uplift Fund is just one way we're catalyzing economic growth and helping to build a skilled workforce that represent the broad experiences of people in the region. We are committed to opening doors, removing barriers, and creating opportunity for people who live and work within our community."
The Uplift Fund, part of the Propeller Project, has contributed more than $5 million in community funding over the past five years. Since 2018, Toronto Pearson's Uplift Fund has been investing and collaborating in programming, advocacy, and research to support local residents seeking to gain the skills, connections and opportunities to retain meaningful employment.
The 11 organizations are:
Construction Skilled Trades Stream
ACCES Employment, Connecting to Careers in Construction - Connecting young refugees and newcomers in Peel and Etobicoke to construction apprenticeships through mobile outreach and Ontario employment programs.
Afro Canadian Contractors Association, Project Ascend: Building Pathways to Success for BIPOC Contractors - Supports BIPOC contractors with skills training in bidding and estimating, mentorship, and post-program support to help them win contracts and grow their businesses.
Building Up, Building Up a Network of Holistic Supports for Long-term Construction Careers - Provides marginalized individuals with long-term career support in the trades, including case management, mentorship, financial coaching, and employer connections.
Skills for Change, Women in Skilled Trades Green Leadership Academy - Empowers newcomer and racialized women in trades with leadership training and industry connections, promoting inclusion in the green economy.
Workforce Development Stream
Achev, Job Action Club - Helps low-income residents in Brampton and Mississauga overcome unemployment through job coaching, skills training, and job search support.
CNIB, Come to Work: Building Brighter Futures - Supports job seekers with sight loss by building employer partnerships and connecting talent to meaningful work through training and career development.
Hospitality Workers Training Centre (HWTC), Uplifting Women's Careers Program - Advances racialized women in hospitality from entry-level to leadership roles through intensive training and career coaching, addressing labour shortages and inclusion.
Humber College, NextPath Project: Communication Micro-Credential Program - Assists internationally trained professionals in bridging employment gaps through communication training, job trials, and credential recognition support.
The DAM, Youth Employment Program - Prepares youth for the workforce with personalized coaching, training, certifications, and career exploration, reducing employment barriers.
The King's Trust Canada, Skills Academy: Creating Pathways to Employment for Young People - Equipping young people with the essential skills employers are seeking such as communication, teamwork, and problem-solving to help them land a job and excel in the modern workplace, highlighting a gap in critical professional skills.
YWCA Toronto, Empower Works Program: Pathways to Higher-Paying and Meaningful Work for Women and Gender Diverse Individuals - Supports women and gender-diverse individuals in accessing higher-paying jobs through tailored career planning, employer connections, and empowerment programming.
About Toronto Pearson
The Greater Toronto Airports Authority is the operator of Toronto Pearson International Airport, Canada's largest airport and a vital connector of people, businesses, and goods.
Toronto Pearson has been named "Best Large Airport in North America serving more than 40 million passengers" seven times in the last eight years by Airports Council International, the global trade representative of the world's airports. Toronto Pearson was also recognized in 2025 as one of "Canada's Best Employers" by Forbes.
For operational updates and passenger information, please visit @TorontoPearson/@AeroportPearson on X. You can also follow us on Facebook or Instagram.
SOURCE Toronto Pearson
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2025/03/c6800.html
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
a day ago
- Yahoo
Innocan Pharma Announces Presentation of Narrative Review on Long-Acting Synthetic Cannabidiol for Chronic Pain at PAINWEEK Conference
HERZLIYA, Israel and CALGARY, AB, June 20, 2025 /CNW/ -- Innocan Pharma Corporation (CSE: INNO) (FSE: IP4) (OTCQB: INNPF) ("Innocan" or the "Company"), a pioneer in the pharmaceutical and biotechnology industries, proudly announces that the recently published narrative review titled "Considering Long-Acting Synthetic Cannabidiol for Chronic Pain: A Narrative Review" (DOI: has been officially accepted for presentation at PAINWEEK 2025, the national conference on pain management, taking place this September in Las Vegas, Nevada. PAINWEEK is a prestigious event that brings together leading clinicians, researchers, and educators in the field of pain medicine, offering a unique platform to showcase innovative research and best practices. The narrative review, selected through a competitive peer-review process, provides important insights into the potential of synthetic cannabidiol (CBD), administered through extended-release formulations, as a well-tolerated, non-opioid analgesic alternative. Innocan is developing LPT-CBD, an innovative injectable liposomal drug product designed for the sustained release of synthetic CBD. Supported by multiple animal studies, LPT-CBD has demonstrated steady plasma CBD levels for up to four weeks, prolonged pain relief, and excellent tolerability—offering a promising alternative to current opioid medications and addressing the urgent need to reduce opioid dependency. LPT-CBD will be showcased at the PAINWEEK conference to thousands of healthcare professionals and potential pharmaceutical partners, positioning it at the forefront of groundbreaking non-opioid chronic pain management solutions. "We are honored to be included among the esteemed voices presenting at PAINWEEK this year," said Iris Bincovich, Chief Executive Officer of Innocan. "This recognition underscores our commitment to advancing evidence-based pain care and contributing meaningful research to the field." About Innocan: Innocan is an innovator in the pharmaceuticals and wellness sectors. In the pharmaceuticals sector, Innocan developed a CBD-loaded liposome drug delivery platform with exact dosing, prolonged and controlled release of synthetic CBD for non-opioid pain management. In the wellness sector, Innocan develops and markets a wide portfolio of high-performance self-care and beauty products to promote a healthier lifestyle. Under this segment Innocan carries on business through its 60% owned subsidiary, BI Sky Global Ltd., which focuses on advanced, targeted online sales. Contact Information: For Innocan Pharma Corporation:Iris Bincovich, CEO+1 5162104025+972-54-3012842+442037699377info@ NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. Caution Regarding Forward-Looking Information Certain information set forth in this news release, including, without limitation, the Company's plans for human trials of its LPT-CBD platform, is forward-looking information within the meaning of applicable securities laws. By its nature, forward-looking information is subject to numerous risks and uncertainties, some of which are beyond Innocan's control. The forward-looking information contained in this news release is based on certain key expectations and assumptions made by Innocan, including expectations and assumptions concerning the anticipated benefits of the products, satisfaction of regulatory requirements in various jurisdictions and satisfactory completion of production and distribution arrangements. Forward-looking information is subject to various risks and uncertainties that could cause actual results and experience to differ materially from the anticipated results or expectations expressed in this news release. The key risks and uncertainties include but are not limited to: global and local (national) economic, political, market and business conditions; governmental and regulatory requirements and actions by governmental authorities; and potential disruption of relationships with suppliers, manufacturers, customers, business partners and competitors. There are also risks that are inherent in the nature of product distribution, including import/export matters and the failure to obtain any required regulatory and other approvals (or to do so in a timely manner). The anticipated timeline for entry to markets may change for a number of reasons, including the inability to secure necessary regulatory requirements, or the need for additional time to conclude and/or satisfy the manufacturing and distribution arrangements. As a result of the foregoing, readers should not place undue reliance on the forward-looking information contained in this news release. A comprehensive discussion of other risks that impact Innocan can be found in Innocan's public reports and filings which are available under Innocan's profile at Readers are cautioned that undue reliance should not be placed on forward-looking information as actual results may vary materially from the forward-looking information. Innocan does not undertake to update, correct or revise any forward-looking information as a result of any new information, future events or otherwise, except as may be required by applicable law. Logo: View original content: SOURCE Innocan Pharma Corporation 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
3 days ago
- Yahoo
Dynamic Funds announces securityholder approval for fund mergers and other changes and June 2025 cash distributions for Dynamic Active ETFs and ETF Series
TORONTO, June 18, 2025 /CNW/ - Securityholder approval for Dynamic Funds mergers 1832 Asset Management L.P., as manager of Dynamic Funds (the "Manager"), today announced that it has received securityholder approval at the special meetings of the securityholders held on June 18, 2025, to merge certain funds (the "Mergers"). The Mergers are expected to take effect on or about July 18, 2025. The following mutual funds (each, a "Terminating Fund") will be merged into the corresponding mutual fund (each, a "Continuing Fund") set out below: Terminating FundsContinuing Funds Merger Type Dynamic Credit Spectrum Fund to merge into Dynamic Active Credit Strategies Private Pool Taxable Dynamic European Equity Fund to merge into Dynamic International Dividend Private Pool Non-Taxable Additional information concerning the Mergers is contained in the meeting materials that were mailed to securityholders in connection with the special meetings and which are also available on and at Securityholder approval for Dynamic Strategic Resource Class – Investment Objective and Reference Index Change The Manager today announced that it has received securityholder approval to change the investment objective and the reference index for the performance fee and benchmark of Dynamic Strategic Resource Class, which will be renamed to Dynamic Strategic Mining Class. These changes are anticipated to be implemented on or about July 11, 2025. The investment objective of the fund will be changed to: Dynamic Strategic Mining Class seeks to provide long-term capital appreciation by investing primarily in global equity securities of companies involved in the exploration, development and production of physical commodities such as precious metals, base metals, critical minerals, uranium, rare earths and/or ferrous metals. The reference index for the performance fee and benchmark of the fund will be changed to MSCI World Metals and Mining Index (C$). Additional information concerning the investment objective and performance fee reference index changes is contained in the meeting materials that were mailed to securityholders in connection with the special meetings and which are also available on and at June 2025 cash distributions for Dynamic Active ETFs and ETF Series Dynamic Funds today announced the June 2025 cash distributions for the Dynamic Active ETFs and ETF series units of certain Dynamic Funds (ETF Series) listed on the TSX, which pay on a monthly or quarterly basis. Unitholders of record on June 25, 2025 will receive cash distributions for the respective Dynamic Active ETFs and ETF Series payable on June 30, 2025. The details of the cash distribution amounts per unit are as follows: Dynamic Active ETF Ticker symbol (TSX) Cash distribution per unit ($) Distribution frequency Dynamic Active Bond ETF DXBB 0.070 Monthly Dynamic Active Canadian Bond ETF DXBC 0.059 Monthly Dynamic Active Canadian Dividend ETF DXC 0.082 Monthly Dynamic Active Corporate Bond ETF DXCB 0.077 Monthly Dynamic Active Crossover Bond ETF DXO 0.091 Monthly Dynamic Active Discount Bond ETF DXDB 0.075 Monthly Dynamic Active Energy Evolution ETF DXET 0.003 Quarterly Dynamic Active Enhanced Yield Covered Options ETF DXQ 0.162 Monthly Dynamic Active Global Equity Income ETF DXGE 0.050 Monthly Dynamic Active Global Financial Services ETF DXF 0.100 Quarterly Dynamic Active Global Infrastructure ETF DXN 0.183 Quarterly Dynamic Active International Dividend ETF DXW 0.200 Monthly Dynamic Active Ultra Short Term Bond ETF DXV 0.053 Monthly Dynamic Active Preferred Shares ETF DXP 0.097 Monthly Dynamic Active Real Estate ETF DXRE 0.150 Quarterly Dynamic Active Retirement Income ETF DXR 0.087 Monthly Dynamic Active Tactical Bond ETF DXB 0.064 Monthly Dynamic Active U.S. Investment Grade Corporate Bond ETF DXBU 0.075 Monthly Dynamic Credit Opportunities Fund DXCO 0.112 Monthly Dynamic Global Fixed Income Fund DXBG 0.070 Monthly Dynamic Short Term Credit PLUS Fund DXCP 0.095 Monthly Commissions, trailing commissions, management fees and expenses may be associated with mutual fund investments, including exchange-traded funds (ETFs). Please read the prospectus before investing. The securities held by an ETF can change at any time without notice. Mutual funds and ETFs are not guaranteed, their values change frequently, and past performance may not be repeated. For more information about Dynamic Funds, please visit the Dynamic Funds website. About Dynamic Funds Dynamic Funds is a division of 1832 Asset Management L.P., which offers a range of wealth management solutions, including mutual funds, actively managed ETFs, liquid alternative mutual funds and investment solutions for private clients, institutions and managed asset programs. 1832 Asset Management L.P. is a limited partnership, the general partner of which is wholly owned by Scotiabank. Dynamic Funds® is a registered trademark of The Bank of Nova Scotia, used under license by 1832 Asset Management L.P. © Copyright 2025 The Bank of Nova Scotia. All rights reserved. Website: |Twitter: @DynamicFunds | LinkedIn: SOURCE Dynamic Funds View original content to download multimedia: 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
3 days ago
- Yahoo
Scotia Global Asset Management announces June 2025 cash distributions for Scotia ETFs
TORONTO, June 18, 2025 /CNW/ - Scotia Global Asset Management announced today the June 2025 cash distributions for the Scotia ETFs listed on the Cboe Canada exchange, which pay on a monthly or quarterly basis, as noted below. Unitholders of record on June 25, 2025 will receive a cash distribution payable on July 3, 2025, as noted below. Scotia ETF name Ticker symbol Cash distribution per unit ($) Distributionfrequency Scotia Canadian Bond Index Tracker ETF SITB 0.045 Monthly Scotia Canadian Large Cap Equity Index Tracker ETF SITC 0.133 Quarterly Scotia Emerging Markets Equity Index Tracker ETF SITE 0.247 Quarterly Scotia International Equity Index Tracker ETF SITI 0.348 Quarterly Scotia Responsible Investing Canadian Bond Index ETF SRIB 0.047 Monthly Scotia Responsible Investing Canadian Equity Index ETF SRIC 0.137 Quarterly Scotia Responsible Investing International Equity Index ETF SRII 0.312 Quarterly Scotia Responsible Investing U.S. Equity Index ETF SRIU 0.070 Quarterly Scotia U.S. Equity Index Tracker ETF SITU 0.076 Quarterly For more information on the Scotia ETFs, please visit the Scotia Exchange Traded Funds (ETF) website. Commissions, trailing commissions, management fees and expenses may be associated with mutual fund investments, including exchange-traded funds (ETFs). Please read the prospectus before investing. Mutual funds and ETFs are not guaranteed, their values change frequently and past performance may not be repeated. About Scotia Global Asset ManagementScotia Global Asset Management® is a business name used by 1832 Asset Management L.P., a limited partnership, the general partner of which is wholly owned by Scotiabank. Scotia Global Asset Management offers a range of wealth management solutions, including mutual funds, ETFs, liquid alternative mutual funds, private asset funds and customized investment solutions for institutions and managed asset programs. For more information, please visit About ScotiabankScotiabank's vision is to be our clients' most trusted financial partner and deliver sustainable, profitable growth. Guided by our purpose: "for every future," we help our clients, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With assets of approximately $1.4 trillion (as at April 30, 2025), Scotiabank is one of the largest banks in North America by assets, and trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit and follow us on X @Scotiabank. SOURCE Scotiabank View original content to download multimedia: Sign in to access your portfolio
