
Auto dealership company AutoCanada looking for a chief executive
Once a new chief executive is in place, the company says Antony will serve as non-executive chair for a transition period.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Winnipeg Free Press
7 minutes ago
- Winnipeg Free Press
Edmunds: Five expert tips to make cross-country EV driving easy
The idea of a cross-country road trip in an electric vehicle might seem daunting. After all, it's not hard to envision getting stranded on the side of the road with a depleted battery or being stuck in a parking lot, charging for hours. But there are ways to easily avoid these worst-case scenarios. The experts at Edmunds have plenty of experience driving electric vehicles, and here they share their five best tips on how to make cross-country driving in an EV easy. Use EV route planning applications Minimizing the number of charging stations you visit and your time at them is key to efficient road-tripping in an EV. To accomplish this, use a route planning application. A route planner helps you determine where and when you should stop to charge to reach your destination. The navigation system in most new EVs typically has this functionality built in. You simply enter your destination, and the navigation system automatically calculates where you will need to charge along your route. In our experience, Tesla vehicles have the best route planning capability. EVs that utilize Google Maps as their onboard navigation system have a similar capability. Many of the latest EVs from General Motors, such as the Chevrolet Equinox EV, have Google Maps integration. Alternatively, you can use an EV route planning smartphone app such as A Better Route Planner (ABRP) or PlugShare. We prefer ABRP because it's available as an app or through an internet browser. It also shows more details at each stop, like the expected battery percentage. When using a route planner, stick to Level 3 fast charging stations when driving. Slower Level 2 stations will take hours but are ideal for overnight charging. Use Tesla charging stations The Tesla Supercharger network of fast charging stations is the largest in the country. We recommend using them on a cross-country trip because they are usually very reliable and have more charging stalls per location than most networks. Teslas have access to them and certain non-Tesla EVs are also eligible to use them, but most non-Tesla EVs need an adapter to charge at a Tesla Supercharger. Check with your local service center or search online to determine if your EV is compatible. If you have a non-Tesla EV that has access, change the settings in your route planner to include Tesla stations. If your EV cannot charge at Tesla stations, you'll need to utilize other third-party charging station networks. Some of the largest networks include Electrify America, EVgo and ChargePoint. Have a backup plan, and leave a range cushion When planning a route that does not use Tesla Superchargers, it's best to have a backup charging station for each stop. Charging stations can sometimes be out of order, and in some cases, like during a holiday or on busy highways, there could be long lines. To find the status of a specific charging station, download the app of the company the station belongs to. Make sure to leave yourself enough range to make it to your backup station as well. Stay in hotels with on-site charging stations Staying at hotels with on-site charging stations can save time and money. Hotel charging stations are typically Level 2 stations that can fully charge your battery overnight, allowing you to start your trip immediately instead of charging before you hit the highway. They are usually more affordable than fast charging stations, and in some cases, are free. One way to find hotels with charging stations is by using the PlugShare app. This app contains a database of charging stations, and you can filter it to show stations connected with lodging locations. Use charging stations that have amenities It's fair to expect that each charging stop you make in your EV will take 20-45 minutes. To make the most of that time, charge at stations with a convenience store, retail store or restaurant nearby. That way, you can use the bathroom, grab some stacks or even get a full meal while your vehicle is charging. Many charging stations are located near stores or restaurants, but not all. You can use Google Maps or similar smartphone apps to find out what's within walking distance of the charging stations you plan on using. You can change the stations your route planner recommends as long as they aren't too far away. Edmunds says Planning a cross-country trip in an EV takes extra effort, but doing it properly can make the journey nearly as smooth as in a gas-powered car. Give yourself access to as many fast charging stations as possible by choosing an EV that's capable of using Tesla Supercharger stations. ____ This story was provided to The Associated Press by the automotive website Edmunds. Michael Cantu is a contributor at Edmunds.


Globe and Mail
7 minutes ago
- Globe and Mail
PlasCred Awarded $5 Million Grant from Emissions Reduction Alberta to Advance Neos Facility
Calgary, Alberta--(Newsfile Corp. - July 23, 2025) - PlasCred Circular Innovations Inc. (CSE: PLAS) (FSE: XV2) (the " Company" or " PlasCred"), an Alberta-based clean technology company focused on advanced plastic recycling, is pleased to announce it has been awarded $5 million in non-dilutive funding from the Alberta government through Emissions Reduction Alberta (" ERA") to support the development of its first commercial-scale facility, Neos. PlasCred has already demonstrated proof-of-concept success with patent-pending Primus, its pilot-scale unit, which has been operational since May 2023. Primus has served as a foundational testing platform, validating the conversion of waste plastics into high-value Renewable Green Condensate™, a low sulphur, low carbon circular naphtha used as feedstock for the production of virgin plastic (" Condensate"). " By investing in advanced materials and circular economy solutions, we're helping Alberta's industries stay competitive, create jobs, and reduce emissions. This funding supports technologies that make better use of our resources while cutting costs. It's a win for both the economy and the environment." said Justin Riemer, CEO, Emissions Reduction Alberta With the Alberta government's support through ERA, PlasCred is advancing from pilot validation to commercial deployment, building on the technical and operational insights gained from its Primus facility to begin construction of the Neos facility and ensure a smooth transition to full-scale operations. " The Alberta government and ERA's support marks a critical milestone for PlasCred as we transition to commercial deployment," said Troy Lupul, President & CEO of PlasCred. "With this funding, we can move forward on construction, attract additional project capital, and demonstrate the role Alberta-based innovation can play in scaling circular solutions for hard-to-recycle plastics." Strategic Scalability in Alberta's Industrial Heartland PlasCred's entire scalability strategy is anchored at CN Rail's Scotford Yard in Fort Saskatchewan, inside Alberta's Industrial Heartland Canada's pre-eminent hydrocarbon-processing corridor. The permitted yard offers enclosed industrial buildings, a 200-car siding, existing utilities, and direct Class I rail connectivity. This combination delivers reliable inbound feedstock logistics and seamless outbound product shipment while giving PlasCred access to a highly skilled process-operations workforce and a business-friendly regulatory environment. Neos and the follow-on Maximus complex will be co-located at Scotford, capturing shared infrastructure and operating synergies. The Neos facility will initially process 100 tonnes (metric) of post-consumer plastic waste per day converting it into approximately 500 barrels per day of condensate. Once operational, the Neos facility is expected to divert 36,500 tonnes of plastic waste annually and reduce greenhouse gas emissions by an estimated 51,000 tonnes of CO₂e per year. The design incorporates PlasCred's proprietary dual catalytic pyrolysis technology. This approach minimizes energy consumption, improves safety, and enables the efficient conversion of mixed and contaminated plastics, including PVC and PET. Unlike incineration or waste-to-energy approaches, PlasCred's process produces a circular petrochemical feedstock that can be reused in the production of new, food-grade plastics. The system has been validated through over two years of continuous operation at the Primus pilot facility in Calgary. The Neos facility is forecasted to generate approximately $19 million in annual revenue and $6.9 million in EBITDA, based on management assumptions regarding feedstock cost, uptime, and offtake pricing. Neos has an estimated capital cost of $25 million, with construction targeted to begin later this year, subject to final project financing and permitting. Based on internal forecasts and current engineering assumptions, the project is expected to deliver an internal rate of return (IRR) of approximately 22.8% and a payback period of 4.3 years. These forward-looking estimates are based on internal models and subject to risks including construction timing, input costs, operations, and market conditions. The projected economics remain strong even without accounting for potential upside from plastic credit monetization or byproduct sales. PlasCred has executed a definitive five-year offtake agreement with a global commodities company (" GCC") for 100 percent of Neos production at a fixed price of $120.00 CAD per barrel, inclusive of freight terms. The agreement also includes a right of first refusal (" ROFR") on future volumes from PlasCred's next phase facility, Maximus. This offtake structure ensures predictable revenue and underpins long term capital planning. Neos will integrate Palantir Foundry, an industrial data platform from Palantir Technologies to capture real-time data on feedstock, facility performance and product quality; generate auditable life-cycle assessments (LCA) that verify every tonne of waste plastic is converted into new plastic and support Extended Producer Responsibility (EPR) compliance; track plastic-credit issuance, greenhouse-gas (GHG) emissions, and logistics for both inbound feedstock and outbound product; and fuse all inputs into a digital twin that delivers 360-degree operational visibility and AI-driven optimisation across PlasCred's entire business. The proposed Maximus facility is engineered to launch at 400 metric tonnes per day, approximately 2,000 barrels per day, and scale up to 2,000 tonnes per day, or 10,000 barrels per day condensate, through modular expansion. This co-location approach leverages existing enclosed infrastructure, CN integrated rail logistics, and shared site services, offering significant cost and execution advantages while anchoring Alberta as a hub for scalable, low carbon plastic circularity. PlasCred is well positioned for sustainable, long-term growth through a combination of strategic site selection, integrated logistics, and secured revenue from industry partnerships. Its co-located infrastructure at CN's Scotford Yard enables scalable deployment while minimizing execution risk. With support from the Alberta government through ERA, PlasCred is accelerating to commercial operations at Neos. This milestone highlights the strength of Alberta-developed technology and reinforces the province's leadership in advancing circular economy infrastructure. Neos represents a significant step forward in scaling clean, plastics-to-plastics innovation rooted in Alberta's industrial and innovation ecosystem. About PlasCred Circular Innovations Inc. PlasCred is at the forefront of rebalancing the future of plastics. The company is transforming plastic waste by granting it a valuable second life. With a vision of advancing towards a climate-positive future, PlasCred aspires to be among the largest advanced plastic waste recyclers in North America and globally. Their groundbreaking patent-pending technology is set to revolutionize the approach to plastic waste management and advanced recycling. PlasCred also has strategic partnerships with CN Rail, Palantir Technologies Inc., the Government of Alberta, Fibreco Export Inc., and a Global Commodities Company. These collaborations provide PlasCred with world-class logistics, advanced operational intelligence, and stable long-term revenue, supporting its leadership in the global circular plastics economy. For further information on PlasCred, visit our website at ON BEHALF OF THE BOARD Troy Lupul - President & CEO Forward-looking Statements Forward-looking statements in this release include, but are not limited to: the timing and cost of constructing the Neos facility; projected operating performance, revenues, EBITDA, internal rate of return and payback period; expected greenhouse-gas reductions; the availability of financing, feedstock and regulatory approvals; and the Company's broader commercialization and expansion plans. Such statements are subject to a variety of risks and uncertainties that could cause actual results to differ materially from those expressed or implied, including, without limitation: construction and commissioning risks, cost overruns, supply-chain disruptions, operational performance at scale, feedstock pricing and availability, changes in commodity prices, regulatory or permitting delays, counter-party risk under offtake or financing agreements, and general economic conditions. A discussion of these and other factors that may affect future results is contained in the Company's continuous disclosure filings available under its profile on SEDAR+ at Forward-looking statements are not guarantees of future performance and readers should not place undue reliance on them. Except as required by applicable securities laws, the Company undertakes no obligation to revise or update any forward-looking statements to reflect new events or circumstances.


Globe and Mail
7 minutes ago
- Globe and Mail
Wolverine Worldwide Announces Second Quarter Fiscal 2025 Conference Call for August 6, 2025
Wolverine World Wide, Inc. (NYSE: WWW) today announced that it expects to report its second quarter fiscal 2025 financial results on Wednesday, August 6, 2025, at approximately 6:30 a.m. ET. Following the press release, the Company will host a conference call at 8:30 a.m. ET to review results and discuss current business trends. Investors and analysts interested in joining the call are invited to dial 1-800-715-9871 (international callers, please dial 1-646-307-1963) approximately five minutes prior to the start of the call. The conference call will be broadcast live and accessible under 'Webcasts & Presentations' in the Investor Relations section of A recorded replay of the call will be available shortly after the conclusion of the call and remain available until August 13, 2025. To access the telephone replay, dial 1-800-770-2030 (international callers, please dial 1-609-800-9909). The access code for the replay is 9927992. ABOUT WOLVERINE WORLDWIDE Founded in 1883, Wolverine World Wide, Inc. (NYSE:WWW) is one of the world's leading designers, marketers, and licensors of branded casual footwear and apparel, performance outdoor and athletic footwear and apparel, kids' footwear, industrial work boots and apparel, and uniform footwear. The Company's portfolio includes Merrell®, Saucony®, Sweaty Betty®, Hush Puppies®, Wolverine®, Chaco®, Bates®, HYTEST®, and Stride Rite®. Wolverine Worldwide is also the global footwear licensee of the popular brands Cat® and Harley-Davidson®. Based in Rockford, Michigan, for more than 140 years, the Company's products are carried by leading retailers in the U.S. and globally in approximately 170 countries and territories. Wolverine Worldwide is a Great Place to Work® Certified™ company. For additional information, please visit our website,