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CBC
6 minutes ago
- CBC
Elizabeth May says she won't lead Green Party in next election
Green Party Leader Elizabeth May told supporters Tuesday that she won't be leading the party into the next election. May — who is currently the only Green MP — made the announcement in an email to party members which was shared with CBC news. She said she intends to stay on as an MP and leader pending the results of an upcoming leadership review. "My voice, as the sole Green MP in the House of Commons, is stronger as leader. I intend to grow our parliamentary caucus before stepping down," May said in her email. May has led the party through five federal elections dating back to 2008. She stepped down as leader following the 2019 vote and the party selected Anamie Paul to lead the party in the following election. After Paul's departure in the wake of the 2021 election, May returned to co-lead the party alongside Jonathan Pedneault. Pedneault took the lead as the face of the Green's national campaign this past spring, but failed to secure a seat. He resigned days after the election, leaving May as the sole party leader. In her email on Tuesday, May said the party's governing council will decide the best timing for a leadership vote, and that the party is determined to make it a "positive experience" — likely referring to Paul's exit following months of party infighting. "Succession planning in any political party is tricky, but our federal council is determined to learn from past mistakes and make the transition to new leadership a positive experience that builds the party," she wrote.
CBC
6 minutes ago
- CBC
Calgary announces $30M for Indigenous affordable housing project
Social Sharing For the first time, the City of Calgary is launching an Indigenous-led affordable housing project to provide homes for Indigenous people in the city — and it is contributing $30 million to make it happen. Maa'too'maa'taapii Aoko'iyii'piaya, the Blackfoot name for the program, aims to create between 150 and 300 units in what the city calls a "historic investment." Elder Jackie Bromley of Kainai Nation is on the advisory committee, and gifted the name to the program. She called the initiative a symbol of reconciliation in action. "Maa'too'maa'taapii Aoko'iyii'piaya is more than a program. It is a promise," said Bromley. "It is a recognition that Indigenous nations and communities hold the knowledge, the vision and the strength to build homes that honour who we are." "Too often, decisions were made for us, not with us. This program changes that story," she said. Systemic barriers to housing The city says Indigenous people are disproportionately affected by homelessness, making up 41 per cent of the homeless population despite representing only three per cent of Calgary's total population. In the city, 3,800 Indigenous households are currently struggling to afford and keep their housing. Calgary Mayor Jyoti Gondek was on hand to launch the program Tuesday. She said Indigenous people continue to face systemic barriers when it comes to finding a place to call home. "We have heard that there is discrimination when looking for a home to rent; there is exclusion from culturally safe housing; and there are systemic inequities that perpetuate harm and that keeps intergenerational trauma going, and that keeps families in crisis," Gondek said. The team lead for the city's Indigenous Housing Program, Samantha Efthimiou, said the term "culturally safe" refers to the space and freedom to carry out traditional Indigenous practices, "places where we can smudge without being judged, where we can do ceremony without having questions asked, without being asked permission to have a naming ceremony in our complex." Applications open next week The program is open to all Treaty 7 First Nations, the Otipemisiwak Métis Government Districts 5 & 6 and Indigenous non-profits in Calgary. Organizations chosen for the program can receive up to $150,000 over two years for planning and engagement. The remainder of the $30 million will cover up to 40 per cent of eligible capital costs for the building and construction of the affordable units. Operational costs will not be covered. Those interested can submit funding proposals starting Aug. 25, the same day the city will host a virtual information session. As for a timeline on when the first units could be complete and ready for move-in, the city said that will depend on the project type, but it anticipates the earliest could be the start of 2027. Gondek pointed to the use of modular builds as a way to expedite the process. She said she hopes in the future, the program can grow to create more units than currently planned. "It seems like a small number when you look at the crisis, but for every single person that we can house, that matters. That is a life that has changed," said Gondek.
Globe and Mail
35 minutes ago
- Globe and Mail
Will Trump's New Executive Order Fast-Track Lockheed's Space Ambitions?
On Aug. 13, U.S. President Donald Trump signed a new executive order, aimed at dramatically accelerating the U.S. commercial space industry by reducing environmental review timelines, streamlining launch and spaceport permits, and expediting approvals for novel missions to enhance national and economic security. This regulatory push should act as a major growth catalyst for defense titan, Lockheed Martin Corp. ( LMT ), which has been at the forefront of the space industry for more than half a century now. Notably, Lockheed is a prime contractor for NASA's deep-space Orion spacecraft and builds key satellites for national security. LMT's most direct benefit comes through its joint venture with Boeing, United Launch Alliance ('ULA'), which is a major player in launching crucial government payloads. In particular, the order's mandate to expedite environmental reviews at launch sites and the push to reform safety rules for vehicles with advanced flight termination systems can be projected to expedite ULA's Vulcan Centaur rocket launch with less delay and cost. As this executive order slashes regulatory delays and costs, Lockheed's strategy to commercialize Orion through reusability and flexible missions should prove beneficial. By streamlining launch cadence and approvals, the order directly supports Lockheed's push to improve cost-effectiveness and meet NASA's evolving space exploration needs more competitively. Other Stocks to Benefit LMT apart, stocks like Boeing ( BA ) and L3Harris Technologies ( LHX ) that are deeply involved in space missions should also benefit from the aforementioned executive order, which pushes to substantially increase commercial space launch cadence. Notably, Boeing is part of NASA's Space Launch System ('SLS'), the only proven deep-space optimized, super-heavy lift rocket built to carry astronauts and cargo farther and faster than any rocket in history. BA is the prime contractor for the SLS program's core stage, upper stage and avionics systems. On the other hand, L3Harris is involved in the Artemis II mission through its Aerojet Rocketdyne business unit, which provides the RS-25 engines that power the SLS core stage. The company supported more than 2,100 space launches that provided critical intelligence to the United States. The Zacks Rundown for LMT Shares of LMT have lost 9% in the year-to-date period against the industry 's 26.9% growth. The company's shares are trading at a discount on a relative basis, with its forward 12-month Price/Earnings being 16.26X compared with its industry's average of 27.54X. The Zacks Consensus Estimate for LMT's near-term earnings has moved south in the past 60 days. LMT currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. See our %%CTA_TEXT%% report – free today! 7 Best Stocks for the Next 30 Days Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Boeing Company (BA): Free Stock Analysis Report Lockheed Martin Corporation (LMT): Free Stock Analysis Report L3Harris Technologies Inc (LHX): Free Stock Analysis Report This article originally published on Zacks Investment Research (
