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Cision Canada
3 days ago
- Business
- Cision Canada
RICHARDS PACKAGING INCOME FUND ANNOUNCES JUNE 2025 DISTRIBUTION
TORONTO, June 19, 2025 /CNW/ - Richards Packaging Income Fund (TSX: (the "Fund") announced today its cash distribution for the month ended June 30, 2025 of Cdn$0.11 per unit. This distribution will be to unitholders of record at the close of business on June 30, 2025 and will be payable on July 14, 2025. Unitholders who are non-residents of Canada may be required to pay all withholding taxes payable in respect of any distributions of income by the Fund, whether such distributions are in the form of cash or additional units. About Richards Packaging Income Fund The Fund owns Richards Packaging Inc. which since 1912 has served a wide customer base throughout North America comprised of over 18,000 regional food, beverage, cosmetics, healthcare, and other enterprises. SOURCE Richards Packaging Inc.
4 days ago
- Health
'Sephora kids' are using anti-aging creams. A new study says harms aren't just skin deep
If you've recently witnessed a 10-year-old smear their face with an $80 anti-wrinkle cream — either in real life or in any number of Get Ready With Me TikTok videos — you're probably already aware of the "Sephora kids" skin-care trend (new window) that has young people clamouring for anti-aging products thanks in part to what they see on social media. Now, a new study published in Pediatrics (new window) this month, the first peer-reviewed paper of its kind, found that skin-care solutions promoted on TikTok not only offer little to no benefit for children and teens, but they can actually be harmful. And the risks go beyond skin damage (although, there is that, too), the authors note. It's problematic to show girls devoting this much time and attention to their skin, corresponding author Dr. Molly Hales, a postdoctoral research fellow and dermatologist in the department of dermatology at Chicago's Northwestern University Feinberg School of Medicine, said in a news release (new window) . We're setting a very high standard for these girls. The pursuit of health has become a kind of virtue in our society, but the ideal of 'health' is also very wrapped up in ideals of beauty, thinness and whiteness. The authors in the study (new window) analyzed 100 unique videos by content creators between the ages of seven and 18, with an average 1.1 million views each. On average, each regimen featured six products, totalling about $230 Cdn. On the higher end of the scale, some of the girls used more than a dozen products on their faces, the authors said. WATCH | Explaining the 'Sephora kids' trend: Début du widget Widget. Passer le widget ? Fin du widget Widget. Retourner au début du widget ? They found that only a quarter of the skin-care routines included sunscreen use, the most popular videos contained an average of 11 irritating active ingredients for young skin (such as hydroxy acids) and the content creators often layered multiple active ingredients or the same one over and over in multiple products. In one video, the authors say, one girl applied 10 different products on her face in 10 minutes. The videos also sometimes had racially encoded language that emphasized lighter brighter skin, the authors noted. The problem with 'Sephora kids' The "Sephora kids" trend (new window) , where children as young as eight or nine use anti-aging skin-care products purchased from beauty retailers such as Sephora, started rising in popularity last year — and so have attempts to stop it. In California, for example, Alex Lee, a member of the State Assembly, has been pushing a bill that would ban the sale of anti-aging products (new window) that contain potent and harsh ingredients to kids under the age of 18. In May, CBS reported (new window) that the bill quietly died without a vote. And last December, Quebec's Order of Chemists published a warning (new window) that some skin-care products designed for adults and popularized on social media should be avoided by children because the active ingredients can be harmful to young skin. The products often contain strong active ingredients that young skin isn't properly equipped to handle, said Dr. Julia Carroll, a dermatologist and lecturer at the University of Toronto, who was not involved in the current study. WATCH | Quebec chemists warn about skin-care products and tweens: Début du widget Widget. Passer le widget ? Fin du widget Widget. Retourner au début du widget ? Younger skin is typically more sensitive, so ingredients like alpha-hydroxy acids and retinoids can cause irritation, drying, peeling and dermatitis, Carroll told CBC News. It can actually sensitize their skin and give them a lifelong allergy to an ingredient, she said. The trend also creates a dependency where kids think they need a 10-step routine, Carroll added, when really they just need a gentle cleanser, a moisturizer and a sunscreen. Gen Alpha drives sales Canadians spent almost $9 billion US (new window) on beauty and personal-care products in 2024. According to Statistics Canada, (new window) households started spending substantially more on personal care after the COVID-19 pandemic, increasing by 30 per cent in 2023 compared with 2021. Meanwhile, Generation Alpha continues to drive skin-care sales (new window) in the United States, according to recent Nielsen data. A global Mintel marketing intelligence report (new window) this year noted that this digital-first generation also has spending power projected to reach $5.5 trillion US by 2029, when the oldest of the cohort will be 19 years old. Members of Gen Alpha, who were born roughly between 2010 and 2024, see beauty influencers and their routines as sources of inspiration, the Mintel report says. However, this acceleration into adult-oriented skin care often results in routines that prioritize appearance over health — a gap that the beauty industry must address, it adds. For now on TikTok (new window) , where there are some 18.3 million Get Ready With Me videos, Gen Alpha influencers (new window) show off their skin-care routines and hauls on videos with millions of views (new window) and comments. In the Pediatrics journal study, the authors found that these products tend to be marketed heavily to younger consumers. They also expressed concern (new window) that it's nearly impossible for parents and pediatricians to track exactly what children or adolescents are viewing. A girl poses in front of her phone with a sheet mask on her face. Most tweens just need a gentle cleanser, a moisturizer and a sunscreen, says a Toronto dermatologist. We're seeing kids as young as eight or nine who are using anti-aging ingredients they picked up on TikTok, Carroll said. You're setting kids up for an unrealistic beauty standard that isn't really appropriate for an eight-year-old, nine-year-old, 10-year-old. They already have usually pretty perfect skin, so to set them down that road that early can be quite harmful. LISTEN | The Dose: How do cosmetics affect my skin health? (new window) Natalie Stechyson (new window) · CBC News · Senior Writer & Editor Natalie Stechyson has been a writer and editor at CBC News since 2021. She covers stories on social trends, families, gender, human interest, as well as general news. She's worked as a journalist since 2009, with stints at the Globe and Mail and Postmedia News, among others. Before joining CBC News, she was the parents editor at HuffPost Canada, where she won a silver Canadian Online Publishing Award for her work on pregnancy loss. You can reach her at X (new window) Instagram (new window)
Yahoo
6 days ago
- Business
- Yahoo
Freehold Royalties Declares Dividend for June 2025
CALGARY, Alberta, June 16, 2025 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX: FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.09 per common share to be paid on July 15, 2025 to shareholders of record on June 30, 2025. These dividends are designated as 'eligible dividends' for Canadian income tax purposes. Freehold is uniquely positioned as a leading North American energy royalty company with approximately 6.1 million gross acres in Canada and approximately 1.2 million gross drilling acres in the United States. Freehold's common shares trade on the Toronto Stock Exchange in Canada under the symbol FRU. Freehold Royalties Ltd. Todd McBride, CPA, CMAInvestor Relationst. 403.221.0833e. tmcbride@ Nick Thomson, CFAInvestor Relationst. 403.221.0874e. nthomson@ 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
Cision Canada
6 days ago
- Business
- Cision Canada
NEMESIA SARL ACQUIRES SHARES OF LUNDIN MINING CORPORATION
LUXEMBOURG, June 16, 2025 /CNW/ - Nemesia S.à.r.l, "(Nemesia"), a company controlled by trusts settled by the late Adolf H. Lundin, of 42, Boulevard Grande Duchesse Charlotte, L-1330 Luxembourg, announced today that on June 13, 2025, it had acquired an aggregate of 900,000 common shares of Lundin Mining Corporation ("Lundin Mining" – TSX "LUN" - NASDQ Stockholm "LUMI") at an average price of Cdn$14.1016 per common share for a total of Cdn$12,691,440.00 representing approximately 0.11% of the then issued and outstanding common shares of Lundin Mining. These common shares were acquired through the facilities of the Toronto Stock Exchange. View PDF version As a result of this acquisition, Nemesia now holds 172,280,617 common shares or approximately 20.14% of the issued and outstanding common shares of Lundin Mining. Despite their zero holdings in common shares of LUN, Zebra Holdings and Investments S.à r.l. , Lorito Doraline S.à r.l., Lorito Floreal S.à r.l., Lorito Arole S.à r.l., and Lorito Orizons S.à r.l continue to be considered as joint actors with Nemesia. These are all private Luxembourg companies controlled by trusts settled by the late Adolf H. Lundin and residing at 42, Boulevard Grande Duchesse Charlotte, L-1330 Luxembourg. Nemesia acquired the common shares of Lundin Mining for investment purposes. Nemesia and its joint actors may from time to time make future investments in or dispose of common shares of Lundin Mining depending upon the business and prospects of Lundin Mining and future market conditions. A copy of the Early Warning Report to be filed pursuant to National Instrument 62-103 may be obtained from Barry Baker - +1 604 603-1575.
Yahoo
11-06-2025
- Automotive
- Yahoo
Rare-earth recycler Cyclic Materials to invest $34.2M in Ontario plant amid China export curbs
Cyclic Materials plans to invest Cdn $34.2 million (US $25 million) to expand its rare-earth recycling plant in Kingston, Ont., as China's export restrictions on the magnetic materials vital to electric-vehicle motors send automakers and suppliers scrambling. The homegrown Ontario company said the renovated 140,000-square-foot (13,000-square-metre) site expected to open in early 2026 will serve as the company's 'industrial and innovation backbone.' The plant in Kingston, midway between Toronto and Montreal, will be capable of processing 500 tonnes of magnet-rich feedstock into mixed rare earth oxide annually, five times its capacity today. 'Kingston is where Cyclic began — and now it's where we're anchoring our commercial future,' company CEO Ahmad Ghahreman said in a release. Read more: Live updates on tariff news and impacts Interactive map: Auto manufacturing sites in Canada, the U.S. and Mexico The commitment follows a US $20 million company investment in an Arizona plant in April that will break down end-of-life magnetic products such as EV motors, computer hard-disk drives and wind turbines. The plant capable of processing 25,000 tonnes of scrap annually is also expected to open early next year. The Arizona 'spoke' will carry out the first step in Cyclic's two-stage rare-earth recycling process, and the Kingston 'hub' the second. Together, the plants will extract and recycle rare-earth elements neodymium, paseodymium, terbium and dysprosium, which are key elements in permanent magnets. The average EV has about 0.5 kilograms (one pound) of rare earths, while internal-combustion-engine vehicles have about half that, according to the International Energy Agency. China dominates the market for such rare-earth elements, and export controls introduced in April have created a bottleneck for the little-known materials crucial for producing high-performance motors, pushing them to the top of automotive priority lists in recent weeks. Cyclic said its recycling process offers an alternative to rare earths produced in China and a 'fast track to domestic supply security.' Along with quintupling the production space at its Kingston plant, Cyclic said it will install labs and a small-scale scrap material line, establishing the site as an r&d hub. The expansion project is expected to increase Cyclic's workforce in Kingston to 65 from 20. 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
