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Mackenzie Investments Announces Estimated Reinvested Distributions in Connection with the Termination of Mackenzie Global Sustainable Dividend Index ETF Français

Mackenzie Investments Announces Estimated Reinvested Distributions in Connection with the Termination of Mackenzie Global Sustainable Dividend Index ETF Français

Cision Canada29-05-2025
TORONTO, May 29, 2025 /CNW/ - Mackenzie Investments ("Mackenzie") today announced the following estimated reinvested distributions (the "Estimated Reinvested Distributions") in respect of the termination of the Exchange Traded Fund ("ETF") listed below that trades on the Toronto Stock Exchange (TSX).
The termination, which will take place on or about June 4, 2025, was first announced on March 14, 2025. In all cases, these Estimated Reinvested Distributions will be reinvested on or about June 4, 2025 to unitholders of record on June 4, 2025.
The Estimated Reinvested Distributions will not be paid in cash but will be reinvested and the resulting units immediately consolidated, so that the number of units held by each investor will not change.
Details for Terminating ETF:
Further information about Mackenzie ETFs can be found at mackenzieinvestments.com.
Commissions, management fees, brokerage fees and expenses all may be associated with Exchange Traded Funds. Please read the prospectus before investing. Exchange Traded Funds are not guaranteed, their values change frequently and past performance may not be repeated.
The payment of distributions is not guaranteed and may fluctuate. The payment of distributions should not be confused with an Exchange Traded Fund's performance, rate of return or yield. If distributions paid by the Exchange Traded Fund are greater than the performance of the Exchange Traded Fund, your original investment will shrink. Distributions paid as a result of capital gains realized by an Exchange Traded Fund, and income and dividends earned by an Exchange Traded Fund are taxable in your hands in the year they are paid. Your adjusted cost base will be reduced by the amount of any returns of capital. If your adjusted cost base goes below zero, you will have to pay capital gains tax on the amount below zero.
About Mackenzie Investments
Mackenzie Investments ("Mackenzie") is a Canadian investment management firm with approximately $213 billion in assets under management as of April 30, 2025. Mackenzie seeks to create a more invested world by delivering strong investment performance and offering innovative portfolio solutions and related services to more than one million retail and institutional clients through multiple distribution channels. Founded in 1967, it is a global asset manager with offices across Canada as well as in Beijing, Boston, Dublin, Hong Kong and London. Mackenzie is a member of IGM Financial Inc. (TSX: IGM), part of the Power Corporation group of companies and one of Canada's leading diversified wealth and asset management organizations with approximately $269 billion in total assets under management and advisement as of April 30, 2025. For more information, visit mackenzieinvestments.com
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ZYUS Life Sciences Announces Closing of Second Tranche of Unit Offering
ZYUS Life Sciences Announces Closing of Second Tranche of Unit Offering

Cision Canada

time43 minutes ago

  • Cision Canada

ZYUS Life Sciences Announces Closing of Second Tranche of Unit Offering

SASKATOON, SK, Aug. 15, 2025 /CNW/ - ZYUS Life Sciences Corporation (the " Company") (TSXV: ZYUS), a Canadian-based life sciences company focused on the development and commercialization of novel cannabinoid-based pharmaceutical drug candidates for pain management, is pleased to announce that, further to its press release dated July 29, 2025, it has closed the second tranche (the " Second Tranche") of its non-brokered private placement (the " Offering") of units of the Company (each a " Unit") for up to CAD $1,000,000. Under the Second Tranche of the Offering, a further 140,845 Units were issued for aggregate gross proceeds of CAD $100,000. The aggregate gross proceeds raised in the Second Tranche and first tranche of the Offering (which closed on July 29, 2025) (the " First Tranche") is approximately $0.42 million. The Company has issued a total of 591,126 Units each priced at $0.71 per Unit in the First Tranche and the Second Tranche. 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Feasibility without First Nations isn't feasible
Feasibility without First Nations isn't feasible

Winnipeg Free Press

timean hour ago

  • Winnipeg Free Press

Feasibility without First Nations isn't feasible

Opinion Earlier this month, the governments of Ontario, Alberta and Saskatchewan signed an agreement to explore the 'feasibility of a new west-east pipeline to bring western oil and gas to southern Ontario refineries and ports.' In a news release, Alberta premier Danielle Smith said: 'By advancing a Canadian energy corridor from Alberta to Ontario, we are securing long-term energy access for families and businesses, creating thousands of jobs, and opening new doors for trade and investment, while strengthening our position as a global energy leader.' There's only one problem, and it's a big one: Manitoba Premier Wab Kinew didn't sign it. So much for feasibility. Since the federal government's passing of the One Canadian Economy Act (Bill C-5), which promises to expedite approvals for projects deemed 'in the national interest,' provinces have been rushing to position themselves with Prime Minister Mark Carney's cabinet in the hopes their regional initiatives and economic dreams will come true. Ontario has even passed its own version of the federal bill, in what is surely a move to speed up approval for the Ring of Fire critical mineral project despite Indigenous opposition. The challenge for all of this — if you can call it a challenge — has been Canada's legal requirement under Section 35 of the Constitution to attain 'free, prior, and informed consent' when it comes to including and respecting Indigenous and treaty rights. Simply put, few provinces have partnership agreements with First Nations to build economic projects and, for those that do, these were made after lengthy and costly court battles, negotiations, and conflict. The federal bill, Ontario's bill and the 'feasibility' agreement between Alberta, Saskatchewan and Ontario has no First Nations, Métis or Inuit approval. In other words, they are not worth much and are simply a cause for conflict. To be honest, development occurred much quicker when Canada was genocidal. Until the past five decades, Canada never had a legal duty to consult Indigenous peoples on the land, water, the economy, or frankly anything really — so, it didn't. Since the country's founding in 1867 (and arguably before that), Canadian legislators took Indigenous and treaty land, moved people whenever and wherever, and made unilateral decisions on Indigenous lives and families all the time. When law got in the way, other laws were passed under the justification that Canada's national interests were paramount. This meant that swaths of Indian reserve lands were taken whenever a company, corporation, or the military wanted. Or, that masses of Indigenous leaders were imprisoned, Indigenous women were stripped of rights, and children were taken. All this happened blatantly. A few kilometres from where Winnipeggers sit was the St. Peter's Indian Band, whose lands in and around Selkirk were taken illegally in 1907 while the community was removed to what is now Peguis Indian Reserve. The tide started to change in the 1970s, when Canada's Supreme Court recognized that Indigenous title (and therefore law, government, and rights) existed and Canada had to start to act justly, humanely, and with consideration of their humanity. Things were supposed to be different — but old Canadian habits die hard. From the One Canadian Economy Act to the actions of provincial premiers, Canadian leaders continue to act as if Indigenous peoples are an afterthought, using age-old arguments that Canada's 'national interests' are paramount. That is, until Kinew — who has not shied away from interest in lucrative land and resource projects — refused to join his provincial counterparts. 'In other parts of the country with other levels of government, there's the commitment to maybe push things through with legislation first,' Kinew told media, explaining his decision. 'That puts other partners on the back foot.' Don't be confused. When Kinew says 'other partners,' he means First Nations, Inuit, and Métis rights holders. What the premier is doing isn't because he's First Nations, it's because he's trying to follow Canadian law. History has proven it's a tremendous waste of time, money, and energy to exclude Indigenous rights holders from conversations surrounding land, resources, and, frankly, the country. The first and most important 'project in the national interest' is to include Indigenous governments at the outset of every single decision this country makes. Anything else is illegal. An unprecedented step however requires an unprecedented idea. For Kinew, it's a Crown corporation (on par with entities such Manitoba Hydro and Manitoba Public Insurance) that can assemble Indigenous leadership to review and give approval of economic land and resource projects alongside provincial regulators. This 'Crown Indigenous corporation' would require buy-in and unity from Indigenous leadership — and seems to have almost immediately gained it. This week, the Southern Chiefs' Organization and the Manitoba Métis Federation came to an agreement to collectively 'advance economic reconciliation, protect Indigenous rights, and collaborate on major infrastructure and development projects across Manitoba.' That's no coincidence. That's First Nations and Métis holders on the front foot and reserving their spot at the table. Niigaan SinclairColumnist Niigaan Sinclair is Anishinaabe and is a columnist at the Winnipeg Free Press. Read full biography Our newsroom depends on a growing audience of readers to power our journalism. If you are not a paid reader, please consider becoming a subscriber. Our newsroom depends on its audience of readers to power our journalism. Thank you for your support.

Manitoba businesses brace for Air Canada strike
Manitoba businesses brace for Air Canada strike

Winnipeg Free Press

time2 hours ago

  • Winnipeg Free Press

Manitoba businesses brace for Air Canada strike

Manitoba businesses could be dealt another blow if a looming strike by Air Canada flight attendants halts operations at the country's largest airline this weekend. The Canadian Federation of Independent Business said Friday that small businesses are 'deeply concerned' with the prospect of a shutdown at Air Canada, which was set to take effect at 1 a.m. ET on Saturday. 'They're already facing massive economic uncertainty, said Brianna Solberg, CFIB's provincial director for Manitoba, Saskatchewan and the North. 'One third of Canadian small firms depend on the summer season for their revenues. They can't afford to lose even a single day or take a hit to tourism.' Solberg said a strike could result in cancellations for hotels, restaurants and other tourism operators. 'And we've already had a couple of major things impact the tourism sector, one being the global trade uncertainty, and also the wildfires this year, which caused a lot of people to put a pause on making some tourism-related bookings,' she said. SUPPLIED / FREE PRESS FILES 'One third of Canadian small firms depend on the summer season for their revenues. They can't afford to lose even a single day or take a hit to tourism,' said Brianna Solberg, CFIB's provincial director for Manitoba, Saskatchewan and the North. 'One third of Canadian small firms depend on the summer season for their revenues. They can't afford to lose even a single day or take a hit to tourism,' said Brianna Solberg, CFIB's provincial director for Manitoba, Saskatchewan and the North. Earlier this year, the province urged people to avoid travelling to certain destinations in Manitoba to keep hotel rooms available for wildfire evacuees. 'It's been a difficult year for small business in Manitoba,' Solberg said. The looming strike that could see thousands of Air Canada flight attendants walk off the job is frustrating for all involved, said a labour negotiations expert — and that's exactly why strikes can be so effective. In essence, the power of a strike often stems from its ability to affect not just the employer, but also the public and allied stakeholders. Julia Smith, an associate professor of labour relations at the University of Manitoba, has studied flight attendant union activism extensively and said the widespread impact of a strike makes it a powerful bargaining tool. 'Workers want to work, they're frustrated that they're not getting paid, employers are frustrated because they're not making money, and whoever is accessing the service, whether it's a passenger or a customer, they're frustrated because they can't get what they need,' Smith said. Wednesdays What's next in arts, life and pop culture. A spokesperson for Travel Manitoba said Friday the Crown Corporation is watching developments closely, and with concern. 'Any disruptions to airline traffic negatively impact overall tourism numbers, further compounding a challenging summer season in our province, which has seen many tourism operators struggling because of the impact of wildfires,' the spokesperson said. 'We are hoping the parties are able to come to an equitable agreement as soon as possible.' If an agreement between Air Canada and the Canadian Union of Public Employees isn't reached before 1 a.m. ET Saturday, 10,000 flight attendants will strike, grounding all airline flights and affecting roughly 130,000 travellers per day. The strike's effects were already being felt Friday, with Air Canada announcing on X that it had cancelled 34 flights, affecting more than 7,000 passengers. This follows Thursday's disruption, when more than 300 flight attendants failed to report for work, cancelling 19 flights and impacting more than 3,000 passengers. Mark Nasr, Air Canada's chief operations officer, said Thursday that as many as 500 flights could be cancelled by the end of Friday. By midday Friday, 294 flights had been scrapped, affecting 55,726 passengers, and the union had rejected the company's request for binding arbitration. The dispute centres on wage increases and compensation for unpaid work hours. Flight attendants issued a 72-hour strike notice on Wednesday, prompting Air Canada to issue a lockout notice in response. The airline has offered to pay half of a flight attendant's hourly rate for pre-departure duties performed before a plane pushes back from the gate. CHRISTINNE MUSCHI / THE CANADIAN PRESS Mark Nasr, Air Canada's chief operations officer, said Thursday that as many as 500 flights could be cancelled by the end of Friday. Mark Nasr, Air Canada's chief operations officer, said Thursday that as many as 500 flights could be cancelled by the end of Friday. Smith called the lockout 'a bold move' and noted it's generally a sign that negotiations aren't going well. 'There are far more strikes than lockouts, and that's simply because employers don't want to do that, they want to get back to work,' Smith said. 'So it's usually a sign that things are quite hostile and toxic when you're seeing employers walk out.' Meanwhile, the Angus Reid Institute reports that Canadians are largely siding with the flight attendants in the dispute. The independent, self-commissioned poll found three-in-five (59 per cent) believe Air Canada should provide full hourly wages for all aspects of a flight attendant's work, while 41 per cent say keeping airfares low should be the priority. 'Notably, however, more frequent fliers — those who have taken to the skies three times or more in the last year — are evenly split on the matter, with half (51 per cent) siding with flight attendants demands, and the other half more focused on not seeing the increased costs of such compensation passed along to them,' the release said. Scott BilleckReporter Scott Billeck is a general assignment reporter for the Free Press. A Creative Communications graduate from Red River College, Scott has more than a decade's worth of experience covering hockey, football and global pandemics. He joined the Free Press in 2024. Read more about Scott. Every piece of reporting Scott produces is reviewed by an editing team before it is posted online or published in print — part of the Free Press's tradition, since 1872, of producing reliable independent journalism. Read more about Free Press's history and mandate, and learn how our newsroom operates. Our newsroom depends on a growing audience of readers to power our journalism. If you are not a paid reader, please consider becoming a subscriber. Our newsroom depends on its audience of readers to power our journalism. Thank you for your support.

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