
Capital Group Canada Appoints Two New Executives to Key Leadership Roles Français
Shim brings nearly 25 years of experience in both institutional and retail asset management to her new position. Most recently, she served as vice president of corporate initiatives for Guardian Capital Group. She holds a master of finance degree and a bachelor's degree in commerce from the University of Toronto and is a CFA charterholder.
Tuira joins Capital Group with over 20 years of experience, having most recently led Invesco Canada's Institutional Distribution business, where he oversaw sales, client servicing and consultant relations across Canada. He holds a bachelor's degree in commerce with a minor in economics from McMaster University and holds the CFA and CAIA charters.
"Angela's extensive experience in both retail and institutional product strategy, management and development, combined with Mike's experience and network across the Canadian institutional market, will be incredibly valuable as we aim to become the partner of choice for our clients, offering a comprehensive suite of investment solutions to assist them in achieving their investment objectives amid an evolving industry landscape," said Rick Headrick, president of Capital Group Canada.
Capital Group manages portfolios using a distinctive investing approach, The Capital System™, which combines independent decisions with collaboration and diverse perspectives. It seeks to deliver long-term results across market cycles with less volatility. In Canada, the Capital Group organization's institutional investment strategies are offered as separate accounts and are used by a variety of corporations (for defined benefit plans) and public funds as well as endowments, foundations and other institutional investors. Capital Group's Canadian mutual funds are also offered for use in defined contribution plans.
Both Shim and Tuira will be based in Capital Group's Toronto office.
About Capital Group
Capital International Asset Management (Canada), Inc. is part of Capital Group, a global investment management firm originating in Los Angeles, California. Since 1931, the Capital Group organization has been singularly focused on delivering superior results for long-term investors using high-conviction portfolios, rigorous research and individual accountability. As of March 31, 2025, Capital Group manages approximately US$2.8 trillion in equity and fixed income assets for millions of individual and institutional investors around the world.
Capital Group manages equity assets through three investment groups. These groups make investment and proxy voting decisions independently. Fixed income investment professionals provide fixed income research and investment management across the Capital Group organization; however, for securities with equity characteristics, they act solely on behalf of one of the three equity investment groups.

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


Cision Canada
41 minutes ago
- Cision Canada
Canadian Multiple Sclerosis Nurses Among Winners of International Nightingale Award 2025
Four Canadian nurses are among eleven global recipients of the International Nightingale award for excellence in MS nursing. The awards are presented by the International Organization of Multiple Sclerosis Nurses (IOMSN) with support from Merck KGaA, Darmstadt, Germany. MISSISSAUGA, ON, June 4, 2025 /CNW/ - EMD Serono, the biopharmaceutical business of Merck KGaA, Darmstadt, Germany in the US and Canada, is pleased to announce four Canadian nurses are among the recipients of the International Organization of Multiple Sclerosis Nurses (IOMSN) 2025 International Nightingale Award. The International Nightingale Award was launched in 2020 by IOMSN, with support from Merck KGaA, Darmstadt, Germany in celebration of the International Year of the Nurse and Midwife. "As a company dedicated to advancing multiple sclerosis care for over 25 years, we recognize that MS nurses play a vital role in providing care and support to patients. We are excited to collaborate with the IOMSN in this initiative, which celebrates nursing professionals and supports impactful projects that enhance patient outcomes," said Javed Alam, Managing Director of EMD Serono Canada. Having Canadian recipients of the International Nightingale Award recognizes the significance of MS nurse contributions to patient management and highlights the leadership role that Canadian nurses play on a global level. Shantha George, a community MS nurse practitioner in Edmonton, will receive $5,000 USD to support her Fight Back: Living Well with MS Program, an initiative that focuses on lifestyle management for mental health where patients learn tips to manage anxiety and depression including breathing techniques, drumming and yoga. Stephanie McLeod, a nurse practitioner at the Alberta Neurologic Centre in Calgary will receive $5,000 USD to support the development of a new program to enhance patient and family education, empowering those affected with MS with the knowledge and support they need. Lou-Anne Robertson, a registered nurse at the Central Alberta Multiple Sclerosis Clinic in Red Deer will receive $5,000 USD to support her efforts to raise awareness about the benefits of MS nurse certification for patient care and professional growth. Trudy Campbell, a nurse practitioner at the Halifax MS Clinic, Nova Scotia Health will receive $5,000 USD to support her work on evidence informed, holistic care pathways related to health promotion to support healthy aging for persons with MS. "Since 2020, IOMSN, EMD Serono and Merck KGaA Darmstadt, Germany have proudly celebrated 'The Lady with the Lamp', Florence Nightingale, who is a symbol of compassion, data-driven care, and nursing excellence. The IOMSN Nightingale Awards empower nurses to bring bold ideas to life, driving meaningful change for those living with MS" said Bonnie Blain, President of the IOMSN. " These awards not only recognize achievement but also inspire continued innovation and leadership in nursing. We are thrilled to partner again with Merck KGaA Darmstadt, Germany to present the 2025 International Nightingale Awards. I am honored to celebrate these Canadian Nightingale Recipients whose impactful work has the potential to improve the lives of their patients and resonate across their communities." The International Nightingale Award was awarded to eleven eligible candidates who live and work in countries outside of the United States. Each will receive funding of up to 5000 US Dollars for current projects that require ongoing and/or additional funding for the growth of the program; proposed time-limited projects; personal activities that will support the professional growth and development of an MS nursing professional; and/or nursing research in MS or a related field. About Multiple Sclerosis Multiple Sclerosis (MS) is a degenerative autoimmune disease in which the myelin sheath around the nerves in the brain and spinal cord are inflamed and often damaged. It is estimated that approximately 2.3 million people have MS worldwide. Canada has one of the highest rates of MS in the world with one in 385 people living with the disease. While symptoms vary, the most common symptoms of MS include extreme fatigue, lack of coordination, weakness, tingling, impaired sensation, vision problems, bladder problems, cognitive impairment and mood changes. The relapsing forms of MS are the most common type at the time of diagnosis. About the International Organization of Multiple Sclerosis Nurses (IOMSN) Founded on May 30, 1997, International Organization of Multiple Sclerosis Nurses (IOMSN) is the first and only international organization focusing solely on the needs and goals of professional nurses, anywhere in the world, who care for people with multiple sclerosis. Mentoring, educating, networking, sharing - the IOMSN supports nurses in their continuing effort to offer hope. The mission of the IOMSN is the establishment and perpetuation of a specialized branch of nursing in multiple sclerosis; to establish standards of nursing care in multiple sclerosis; to support multiple sclerosis nursing research; and to educate the health care community about multiple sclerosis; and to disseminate this knowledge throughout the world. The ultimate goal of the IOMSN is to improve the lives of all those persons affected by multiple sclerosis through the provision of appropriate healthcare services and to make hope happen! About EMD Serono, Canada EMD Serono, Canada, is the Canadian biopharmaceutical business of Merck KGaA, Darmstadt, Germany. EMD Serono, Canada has integrated cutting-edge science, innovative products and devices, and industry-leading patient support and access programs. EMD Serono, Canada has deep expertise in neurology, fertility and endocrinology, as well as a robust pipeline of potential therapies in neurology, oncology, immunology and immuno-oncology. Today, EMD Serono, Canada has more than 100 employees across Canada with headquarters in Mississauga, Ontario. About Merck KGaA, Darmstadt, Germany Merck KGaA, Darmstadt, Germany, a leading science and technology company, operates across healthcare, life science and performance materials. Around 56,000 employees work to make a positive difference to millions of people's lives every day by creating more joyful and sustainable ways to live. From advancing gene editing technologies and discovering unique ways to treat the most challenging diseases to enabling the intelligence of devices – the company is everywhere. In 2018, Merck KGaA, Darmstadt, Germany, generated sales of € 14.8 billion in 66 countries. The company holds the global rights to the name and trademark "Merck" internationally. The only exceptions are the United States and Canada, where the business sectors of Merck KGaA, Darmstadt, Germany operate as EMD Serono in healthcare, MilliporeSigma in life science, and EMD Performance Materials. Since its founding in 1668, scientific exploration and responsible entrepreneurship have been key to the company's technological and scientific advances. To this day, the founding family remains the majority owner of the publicly listed company.


Cision Canada
41 minutes ago
- Cision Canada
FuelPositive Announces Reinstatement of Trading
TORONTO, June 4, 2025 /CNW/ - FuelPositive Corporation (TSXV: NHHH) (OTCQB: NHHHF) (" FuelPositive" or the " Company") announces that its common shares will be reinstated for trading on the TSX Venture Exchange at the open of markets on or about June 6, 2025. The Company was delayed in filing its annual audited financial statements for the fiscal year ended September 30, 2024, which were due on January 30, 2025. As a result, the Ontario Securities Commission issued a Cease Trade Order (" CTO") on February 3, 2025. The annual audited financial statements and accompanying management's discussion and analysis and officer certifications were completed shortly thereafter, and the CTO was revoked on February 24, 2025. The Company then entered the TSX Venture Exchange's standard reinstatement review process. Annual General Meeting The Company also announces that it intends to convene an annual general meeting (the " Meeting") of shareholders to be held prior to the end of August 2025. The most recent annual general meeting was held on July 12, 2023. Plans for the upcoming Meeting are currently underway and will be announced shortly. The policies of the TSX Venture Exchange require the Company to hold an annual general meeting in each calendar year and no longer than fifteen months from the previous meeting. Due to unexpected disruptions and challenging circumstances, the Company was unable to meet this timing requirement in 2024. The Company confirms that the non-brokered private placement previously announced on December 4, 2024, was interrupted and the offering's planned timeline was impacted by the duration of the reinstatement review process following the lifting of the CTO, and as a result has expired. The Company previously received advances towards the private placement totaling $621,000. The Company intends to settle these advances through the issuance of units of the Company on terms to be determined based on prevailing market conditions at the time. Completion of any settlement remains subject to the approval of the TSX Venture Exchange. With reinstated trading, the Company intends to launch a new private placement to raise the working capital needed to support strategic growth. The size and terms of the offering will be determined based on prevailing market conditions and company priorities at the time of launch. Corporate Communications Engagement The Company also confirms, further to its news release of February 25, 2021, that RB Milestone Group LLC (" RBMG") is engaged by the Company to provide corporate communications and investor relations advisory services on an ongoing basis. RBMG is a US-based corporate communications firm that specializes in investor relations advisory. RBMG is currently engaged on a month-to-month basis, for which it is entitled to receive a monthly cash fee of US$10,813. The Company is at arms-length to RBMG, and compensation of RBMG does not include any securities of the Company. To the knowledge of the Company, RBMG does not have any interest, directly or indirectly, in the securities of the Company. Media Strategy Engagement At the request of the TSX Venture Exchange, the Company also confirms that it previously engaged Quantum Ventures SEZC (" Quantum") to advise on media creation and online awareness strategies. Quantum provides media, awareness and strategic consulting services. Quantum was engaged for an initial twelve-month term, expiring April 2025, in consideration for a one-time fee of US$100,000. The engagement, which was undertaken in preparation for the activation of the Company's first ammonia production system, was affected by delays in the system's launch and has since concluded. The Company is at arms-length to Quantum, and compensation of Quantum did not include any securities of the Company. Partnership Development Services The Company engaged Planet Ventures Inc. (" Planet"), an arm's-length party, to support strategic partnership development and facilitate key stakeholder introductions in Manitoba. These services were intended to increase brand visibility in anticipation of the Company's green ammonia system becoming operational by the end of July 2024. While initial work began as planned, the Company had to pause the balance of services until the system is commercially ready, ensuring maximum impact upon resumption of services. As a result, the Company holds a service credit on reserve with Planet in the amount of $453,750, ready to be deployed in alignment with system launch. This amount was originally miscatagorized and has been reclassified as a prepaid expense in the interim financial statements for the six-month period ended March 31, 2025. Corporate Governance As part of its continued commitment to best practices in governance and transparency, and in preparation for the significant scaling of its operations, the Company is building upon its corporate framework with the formal adoption of a Related Party Transactions Policy and a Corporate Disclosure Policy. These policies build on the Company's existing internal practices and reflect its proactive approach to maintaining strong governance as the Company grows. About FuelPositive: Groundbreaking AgTech and Green Energy: FuelPositive's containerized Green Ammonia systems are redefining the ammonia industry by decentralizing production and placing control directly in the hands of farmers. This innovative model enables on-site generation of green nitrogen fertilizer and carbon-free fuel, reducing dependence on volatile supply chains and pricing. Each ton of ammonia produced by a FuelPositive system eliminates up to 2 tons of CO₂e emissions, offering both environmental and economic advantages. Designed for simplicity, reliability, and remote monitoring, the systems integrate seamlessly into farm operations, allowing farmers to produce what they need and when needed, without added complexity. First System Delivery: A Milestone in Sustainable Agriculture: In June 2024, FuelPositive delivered its first commercial demonstration system, the FP300, to Tracy and Curtis Hiebert's 11,000-acre grain farm near Sperling, Manitoba. This milestone marks a major advancement for both the Company and the future of sustainable agriculture. The upcoming system activation will further highlight the transformative impact of FuelPositive's technology on farming practices, supporting a more resilient and sustainable food system. Manitoba: A Global Center of Excellence: FuelPositive is positioning Manitoba at the forefront of decentralized Green Ammonia production. With a bold vision to establish a world-leading manufacturing hub in the province, the Company is set to drive economic growth, create high-value jobs in engineering, science, and skilled trades, and make Manitoba a global centre of excellence for sustainable agriculture and clean technology. FuelPositive Corporation is based in Ontario and Manitoba (Canada) and trades on the TSX Venture Exchange under the symbol NHHH and on the OTCQB in the USA under the symbol NHHHF. For further information, please contact: Ian Clifford Co-Founder, Chief Executive Officer and Board Chair [email protected] Tel: 416.535.8395 Investor Relations United States & International: RB Milestone Group (RBMG) [email protected] Investor Relations Canada: Transcend Capital Inc. Cautionary Statement Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This news release contains certain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") that are based on expectations, estimates and projections as of the date of this news release. The information in this release about future plans and objectives of the Company are forward-looking statements. These forward-looking statements are based on assumptions and estimates of management of the Company at the time they were made and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect. Many of these uncertainties and contingencies can directly or indirectly affect and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking information is provided to provide information about management's expectations and plans relating to the future. The Company disclaims any intention or obligation to update or revise any forward-looking information or to explain any material difference between subsequent actual events and such forward-looking information, except to the extent required by applicable law.


Global News
an hour ago
- Global News
U.S. ‘can't fight a war' without American steel, Trump tariff chief says
U.S. Commerce Secretary Howard Lutnick on Wednesday defended the doubling of steel and aluminum tariffs by claiming the United States 'can't fight a war' without domestic production of those materials. Lutnick made the comments while denying the immediate real-world implications that steep tariffs will have on U.S. manufacturing during testimony in front of the U.S. Senate appropriations committee that focused in part on U.S. President Donald Trump's tariff policy. 'The big issue is, you can't fight a war without steel and aluminum production in America,' Lutnick said during an exchange with Democratic U.S. Sen. Jeanne Shaheen of New Hampshire, who was asking if he or Trump consulted with the Pentagon before raising those tariffs. 'If you don't have the ability to make your own steel and aluminum, you can't fight a war, and that is what the president's doing. He's trying to make sure that we make sufficient steel and aluminum to protect our defence.' Story continues below advertisement 'Which I certainly support,' Shaheen said, to which Lutnick replied, 'Sounds like we exactly agree.' 'But I don't agree on the way it's been done,' Shaheen responded, 'because we're not going to have the steel that we need immediately to provide the supplies that we need immediately. So we need to do a little better planning before we put in place those kinds of tariffs.' Trump signed an executive order Tuesday that raised tariffs on steel and aluminum imports from 25 per cent — a rate put in place three months ago — to 50 per cent, effective Wednesday. 2:34 Why is Trump doubling steel and aluminum tariffs? In her exchange with Lutnick, Shaheen highlighted concerns from a ball bearing manufacturer in her state that supplies the U.S. aerospace industry. Get breaking National news For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. Sign up for breaking National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy While she didn't name the company, she said it has only one domestic steel supplier, with the rest of its materials sourced from Canada and the Indo-Pacific. Story continues below advertisement 'Those (foreign suppliers) have been eliminated under the tariffs,' she said, adding that the company is facing both rising costs and production lead times that have grown from 20 weeks to two-and-a-half years. 'What was the determination about how you address those kinds of extended lead times for companies that are producing equipment that's critical to our national security?' she asked. 'It's really a cost issue, not an access issue,' Lutnick replied. 'Well, not according to this company in New Hampshire,' Shaheen said. 'It's an access issue for them.' 'Well, that would be illogical since it's just a tariff, which is monetary,' Lutnick said. 'It's not a sanction. It's just a monetary one.' Canadian steel and aluminum producers — as well as other sectors affected by Trump's various tariff regimes, like automakers — have said higher price points for their products have led to cancelled U.S. contracts. 2:06 Canada ponders response to Trump's latest steel tariffs threat The Canadian Steel Producers Association said last weekend that doubling tariffs to 50 per cent 'essentially closes the U.S. market to our domestic industry for half of its production' and will create 'mass disruption' to North American supply chains. Story continues below advertisement Trump and Lutnick have said tariffs on countries and industries are meant to drive manufacturing back to the U.S. by raising the cost of foreign goods. The tariffs on steel and aluminum specifically were imposed under national security concerns. Trump administration officials have focused particularly on China, warning Beijing could cut off supplies if the trade war escalates. White House economic advisor Kevin Hassett told ABC News on Sunday that China is 'dumping' cheap steel products into the U.S. and other countries 'because it prepares them to win a war, because they're the only ones who can make steel.' 'If we have cannons but not cannonballs, then we can't fight a war,' Hassett said. 'We have to have a steel industry that's ready for American defence.' U.S. defence and aerospace manufacturers have relied on Canadian steel and aluminum for decades — including in wartime. Canada supplied raw materials, components and fully built military vehicles and equipment to the U.S. during the Second World War, helping to bolster American military forces. It later did the same for U.S. forces in the Korean, Vietnam and Middle East wars, as it has for Britain and other allies. To this day, Canadian steel and aluminum is used to build American aircraft, missiles, space technologies and other equipment. Story continues below advertisement The Canadian government has vowed to bolster its own domestic defence industry with Canadian-made steel and aluminum in an effort to protect those industries from Trump's tariffs and move away from U.S. reliance. Defence Minister David McGuinty told a conference of defence contractors last week that the government's goals for boosting the Canadian sector will match the speed at which production ramped up during the Second World War. Lutnick on Wednesday continued to insist that higher tariffs and related costs are a separate issue from supply, and even offered to explain 'how steel works' to Shaheen after the public testimony. 'The company that I've been talking to in New Hampshire understands how it works,' Shaheen responded, 'and they have a problem. They don't need you to explain it to them. They know because they've been in business for years.'