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What happens if Canada Post workers reject final offer

What happens if Canada Post workers reject final offer

CTV News10 hours ago
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Canada Post spokesperson Jon Hamilton on what happens next if workers reject the Crown corporation's final offer.
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Access Advance Announces HEVC Advance and VVC Advance Pricing through 2030
Access Advance Announces HEVC Advance and VVC Advance Pricing through 2030

National Post

time26 minutes ago

  • National Post

Access Advance Announces HEVC Advance and VVC Advance Pricing through 2030

Article content BOSTON — Access Advance LLC ('Advance') today announced the results of several significant decisions by the Licensors in both the HEVC Advance and VVC Advance Patent Pools. Both patent pools opted to maintain their current royalty rates and caps for Licensees who sign before December 31, 2025, and to extend an incentive that aligns the royalty caps for Advance's Multi-Codec Bridging Agreement ('MCBA') and the VVC Advance Patent Pool for Licensees who sign the MCBA during the same period. Article content The result is that Licensees who join the HEVC Advance program, gaining access to more than 27,000 patents, on or before December 31, 2025, can lock in current rates and caps through 2030. This protection applies both to ongoing royalty obligations and calculation of royalties due for past sales. Article content Additionally, both current and new HEVC Advance Licensees who join the VVC Advance Patent Pool and execute the MCBA by December 31, 2025, will enjoy MCBA royalty caps that match the royalty caps for the VVC Advance program. This reflects an extension of an incentive that expired June 30, 2022, and locks in current rates through 2030, effectively reducing the current MCBA royalty caps and reinforcing Access Advance's commitment to rewarding early adopters of its platform licensing approach. Article content Beginning on January 1, 2026, the HEVC royalty rates will be updated to align HEVC Advance pricing with the existing VVC Advance royalty rate structure, which the VVC Advance Licensors voted to maintain at current levels through 2030, making the value proposition of the MCBA even more beneficial for Licensees across Access Advance's video codec platform licensing programs. Article content 'Access Advance is pleased that both groups of Licensors opted for marketplace stability and predictability with their decisions largely to maintain rates and caps at existing levels and providing an additional incentive for Licensees to sign the MCBA. After nearly a decade of stable HEVC rates, the measured adjustment for Licensees joining after 2025 reflects the tremendous growth and value that the HEVC Advance Patent Pool now delivers to the marketplace in light of the increased prevalence of HEVC devices and content,' said Peter Moller, CEO of Access Advance. 'When we launched, we anticipated coverage of approximately 35% of all HEVC standard essential patents. Today, our pool represents an estimated 75-80% of the global HEVC patent landscape – more than doubling our initial projections. The approved rate adjustment of 25%, which will go into effect for new Licensees on January 1, 2026, while less than a full doubling that our coverage would justify, ensures fair compensation for innovators while maintaining our commitment to transparent, FRAND licensing. And, with these changes, there are clear benefits to a company joining our VVC program and securing the MCBA's discounts even if their products do not yet include VVC functionality.' Article content Industry-Leading Patent Coverage Article content The HEVC Advance Patent Pool has evolved from its initial launch with fewer than 500 patents to become the industry's most comprehensive licensing solution, now covering over 27,000 patents essential to H.265/HEVC technology. This dramatic expansion represents the largest consolidation of HEVC standard-essential patents available through any single licensing program globally. Article content The patent pool's success in attracting major patent holders demonstrates the market's confidence in Access Advance's balanced approach to intellectual property licensing. Recent additions include leading technology companies across mobile devices, consumer electronics, automotive, and emerging IOT applications. Article content Opportunity for Flexibility, Savings and Efficiencies Article content Access Advance encourages both current licensees and prospective partners to evaluate their multi-codec licensing strategies before the December 31, 2025 deadline. Companies implementing both HEVC and next-generation VVC technologies can realize significant cost savings and operational efficiencies through the MCBA structure. Article content The alignment of HEVC rates with VVC rates also creates opportunities for companies to adopt a unified approach to video codec licensing across their product portfolios, simplifying compliance obligations while accessing the industry's most comprehensive patent coverage, and providing maximum flexibility for future technology adoption. Article content For licensing inquiries and detailed rate information, interested parties should contact Access Advance at licensing@ About Access Advance: Article content Access Advance LLC is an independent licensing administrator company formed to lead the development, administration, and management of patent pools for licensing essential patents of the most important video codec technologies. Access Advance provides a transparent and efficient licensing mechanism for both patent owners and patent implementers. Article content Access Advance manages and administers the HEVC Advance Patent Pool for licensing over 27,000 patents essential to H.265/HEVC technology and the VVC Advance Patent Pool for licensing essential patents to VVC/H.266 technology. The company's Multi-Codec Bridging Agreement provides eligible licensees with a single discounted royalty rate structure for licensees participating in both the HEVC Advance and VVC Advance pools. In addition, Access Advance offers the VDP Pool, a comprehensive licensing solution for video streaming services covering HEVC, VVC, VP9, and AV1 codecs. For more information, please visit: Article content Article content Article content Article content Contacts Article content Media Contact: Article content Article content Meredith Hollander Article content Article content Article content Access Advance LLC Article content Article content Email: Article content press@ Article content Article content Website: Article content Article content Article content

U.S. boycotts ‘clearly' having impact, B.C. premier says following ambassador's remarks
U.S. boycotts ‘clearly' having impact, B.C. premier says following ambassador's remarks

CTV News

time26 minutes ago

  • CTV News

U.S. boycotts ‘clearly' having impact, B.C. premier says following ambassador's remarks

B.C. Premier David Eby appears in Vancouver, on Monday, May 26, 2025. THE CANADIAN PRESS/Darryl Dyck B.C. Premier David Eby is encouraging residents to continue spending their vacations within Canada following remarks from the U.S. ambassador Monday morning. Pete Hoekstra, an appointee of U.S. President Donald Trump, appeared at the Pacific Northwest Economic Region summit in Bellevue, Wash., where he was asked about the decrease in Canadians crossing the border. 'Canadians staying home, that's their business,' Hoekstra said, in audio of the event provided by Eby's office. 'If you want to ban American alcohol, that's fine. It doesn't necessarily send real positive signals in terms of their treating us well. There are reasons why the president and some of his team refer to Canada as being mean and nasty to deal with.' Data from U.S. customs shows the number of travelers crossing the border from Canada has declined sharply since last year, amid ongoing concern and frustration over Trump's comments about the country becoming the 51st state. Eby responded to Hoekstra's remarks in a statement Monday afternoon, saying: 'Clearly, our efforts are having an impact.' 'I say to my fellow Canadians: Keep it up. Keep buying Canadian. Keep your vacations Canadian,' the premier said. 'We won't take these attacks our jobs, our economy and our sovereignty, lying down. We'll stand strong together.'

Saskatchewan announces trade-related memorandums of understanding with Manitoba, PEI
Saskatchewan announces trade-related memorandums of understanding with Manitoba, PEI

CTV News

time26 minutes ago

  • CTV News

Saskatchewan announces trade-related memorandums of understanding with Manitoba, PEI

Premier of Saskatchewan Scott Moe speaks to media following the First Minister's Meeting in Saskatoon, Sask., Monday, June 2, 2025. THE CANADIAN PRESS/Liam Richards Saskatchewan has now added two more provinces to its list of improved interprovincial trade partners, as leaders from across Canada continue to move toward more integration in the face of U.S. tariffs. Saskatchewan Premier Scott Moe signed Memorandums of Understanding (MOU) with his opposite numbers in Prince Edward Island and Manitoba on Monday. The agreements include a framework for direct-to-consumer alcohol sales between the provinces, in addition to measures aimed at boosting interprovincial labour mobility and investment while strengthening public safety and maintaining Crown corporations. A similar MOU was signed between Saskatchewan and Ontario prior to the first ministers meeting in Saskatoon in early June. The total value of interprovincial trade between Saskatchewan and PEI was $44.25 million in 2021 – while trade with Manitoba totalled $6 billion. The announcements come as provincial premiers gathered for three days of meetings in Muskoka, Ont. and just days after Moe called on all provincial leaders to join the New West Partnership. 'You see numerous memorandum of understandings being signed, various pieces of legislation building on, not only the Canadian Free Trade Agreement that we have and some of the exemptions that are being removed, but maybe a discussion today about moving forward with a little bit more expansive agreement,' Moe said told reporters, referring to his New West Partnership pitch. 'These are all steps. They're steps in the right direction. We need to have free and open trade between our provinces.'

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