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CanadianSME Small Business Awards 2024 Celebrates 'Thriving Together: Small Business Leadership in the AI Age'

CanadianSME Small Business Awards 2024 Celebrates 'Thriving Together: Small Business Leadership in the AI Age'

MISSISSAUGA, Ontario, July 23, 2025 (GLOBE NEWSWIRE) — The CanadianSME Small Business Awards 2024, proudly presented by Google Canada, took centre stage on June 20, 2025, at the Metro Toronto Convention Centre, gathering over 400 of Canada's most dynamic entrepreneurs, innovators, and changemakers for a remarkable evening celebrating small business excellence across the country.
This year's theme, 'Thriving Together: Small Business Leadership in the AI Age,' spotlighted the powerful synergy between collaboration and technology. It underscored the immense potential of artificial intelligence in enabling small and medium-sized enterprises (SMEs) to innovate, scale, and lead in an evolving digital world.
The evening opened with remarks from SK Uddin, Founder of CanadianSME, followed by special addresses from Hon. Nina Tangri, Associate Minister of Small Business for Ontario, and Daniel Tisch, President and CEO of the Ontario Chamber of Commerce. Together, they recognized the critical contributions SMEs make to Canada's economic resilience and innovation.
A keynote address by Natasha Walji, Managing Director at Google Canada for Google Customer Solutions, titled
'Your AI Advantage: Thriving in a Rapidly Changing World,'
provided actionable insights on harnessing AI to drive business growth.
'At Google Canada, we are deeply committed to empowering Canadian small & medium enterprises (SMEs) to not just compete, but to thrive in a rapidly evolving digital landscape. We believe in the power of technology, especially AI, to level the playing field for SMEs, to unlock their full potential and to help them grow & scale profitably.'
Highlights of the 2024 Award Winners Include:
The winners for the awards are:
1) Steven Amidjinov, Co-Founder & CEO/CGO at The SEED Agency for the Young Entrepreneur of the Year 2024
2) Lamar Falconer, CEO & Co-Founder of AltoLeap Inc. for the Black Entrepreneur of the Year 2024
3) Page Pros for the Digital Business of the Year 2024
4) INKAS® Safe Manufacturing for the Best in Manufacturing Award 2024
5) Fondation Émergence for the 2SLGBTQI+ Inclusive Excellence Award 2024
6) Pathway Communications for the Google Tech Business of the Year 2024
7) Spark Centre & Dr. Phone Fix for The Sustainable Business of the Year 2024
8) Showpass & Missing Link Security T.A.B.B. Enterprise for the Fastest Growing Company Award 2024
9) UPS Small Business of the Year (Up to 50 Employees) Award 2024
10) Best Professional Services Award 2024
11) Vestacon Limited for the Canon Business of the Year Award 2024, 50+ employees
12) Roam for the Startup Business of the Year 2024
13) Réal Breton, CEO of iFinance Canada, for the Xero Technopreneur of the Year 2024
14) GlobalVision for Excellence in Data Privacy & Security 2024
15) RBC Small Business of the Year 2024 (Up to 10 Employees)
16) COSTI Immigrant Services for The Community Impact Award 2024
17) Kalada Sika, Founder & CEO of Ntradex Solutions Inc. for the Immigrant Entrepreneur of the Year 2024
18) Snuggle Bugz for the E-commerce Business of the Year Award - 2024
19) Stephanie Loureiro, Chief Strategy Officer (CSO) + Product Strategy Advisor of Speer Technologies Inc. for the Business Woman of the Year 2024
20) Sarah Hopkins, Founder & Matriarch of Three Sisters Consulting for the Indigenous Entrepreneur of the Year 2024
21) Altrum for the Customer Service Excellence of the Year 2024
22) Baskits & STACKT for the Best in Retail Award - 2024
23) Emily Lyons, Founder and CEO of femme fatale media for the Entrepreneur of the Year 2024
24) AiZtech Inc. for the Best in AI & Automation Award 2024
25) Totum Life Science Inc. & Puppy Sphere for the Best in Health and Wellness Business Award 2024
26) NAV43 INC for the Best Business Innovation of the Year 2024
27) Kumaran Nadesan, Co-Founder and Deputy Chairman of 369 Global Inc for the Inspirational Leader of the Year 2024
28) BIPOC Executive Search Inc. for The Diversity and Inclusion Award - 2024
29) Miix Analytics Inc. for the CSR Excellence Award - 2024
———————————————————————————————
Key Sponsors & Partners
'Congratulations to all the finalists and winners,' said Paul Gaspar, small business director at UPS. He added that UPS, a long-time supporter of CanadianSME, is 'committed to empowering Canadian entrepreneurs and honoured to take part in celebrating our Canadian business owners.'
'At Canon Canada, we're proud to support the innovation, resilience, and ambition of Canadian small businesses. They are the heart of our economy, and we're committed to providing the workflow solutions and support they need to thrive and grow,' stated a spokesperson from Canon Canada.
Xero shared, 'Xero is proud to support the Canadian SME Awards and sponsor the Technopreneur of the Year Award, celebrating innovation and leadership in the small business sector. Congratulations to Réal Breton, CEO of iFinance, for earning this year's honor. At Xero, we're committed to empowering small businesses through technology and championing the entrepreneurs driving Canada's economic future.'
'9thCO was honoured to be involved and recognized by CanadianSME. It was inspiring to be surrounded by so many passionate Canadian founders and operators. Congratulations to the winners and their extended teams!' commented Justin Cook, President of Internet Marketing & Development at 9thCO.
Planning is already underway for the 2025 Awards, promising another landmark celebration of the country's vibrant small business ecosystem. The Canadian SME Small Business Awards 2024 underscore the vital importance of celebrating and empowering entrepreneurs who drive innovation and shape the future of Canada's economy.
About CanadianSME
CanadianSME is a national publication and platform dedicated to empowering small and medium-sized businesses in Canada. Through its magazine, events, and thought leadership, CanadianSME provides essential resources, insights, and connections to help entrepreneurs grow and thrive.
For more information, visit
www.smeawards.ca
.
Contact:
info@canadiansme.ca
416-655-0205
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Air Canada and flight attendants union resume talks for the first time since strike began

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Air Canada and flight attendants union resume talks for the first time since strike began

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Las Vegas tourism is down. Some blame Trump's tariffs and immigration crackdown

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Las Vegas tourism is down. Some blame Trump's tariffs and immigration crackdown

LAS VEGAS -- Tourism in Las Vegas is slumping this summer, with resorts and convention centers reporting fewer visitors compared to last year, especially from abroad, and some officials are blaming the Trump administration's tariffs and immigration policies for the decline. The city known for lavish shows, endless buffets and around-the-clock gambling welcomed just under 3.1 million tourists in June, an 11% drop compared to the same time in 2024. There were 13% fewer international travelers, and hotel occupancy fell by about 15%, according to data from the Las Vegas Convention and Visitors Authority. Mayor Shelley Berkley said tourism from Canada — Nevada's largest international market — has dried up from a torrent 'to a drip.' Same with Mexico. 'We have a number of very high rollers that come in from Mexico that aren't so keen on coming in right now. And that seems to be the prevailing attitude internationally,' Berkley told reporters earlier this month. Ted Pappageorge, head of the powerful Culinary Workers Union, called it the 'Trump slump.' He said visits from Southern California, home to a large Latino population, were also drying up because people are afraid of the administration's immigration crackdown. 'If you if you tell the rest of the world they're not welcome, then they won't come,' Pappageorge said. Canadian airline data shows fewer passengers from north of the border are arriving at Harry Reid International Airport in Las Vegas. Air Canada saw its passenger numbers fall by 33% in June compared to the same time a year ago, while WestJet had a 31% drop. The low-cost carrier Flair reported a whopping 62% decline. Travel agents in Canada said there's been a significant downturn in clients wanting to visit the U.S. overall, and Las Vegas in particular. Wendy Hart, who books trips from Windsor, Ontario, said the reason was 'politics, for sure.' She speculated that it was a point of 'national pride' that people were staying away from the U.S. after President Donald Trump said he wanted to make Canada the 51st state. 'The tariffs are a big thing too. They seem to be contributing to the rising cost of everything,' Hart said. At downtown's Circa Resort and Casino, international visits have dipped, especially from Canada and Japan, according to owner and CEO Derek Stevens. But the downturn comes after a post-COVID spike, Stevens said. And while hotel room bookings are slack, gaming numbers, especially for sports betting, are still strong, he said. 'It's not as if the sky is falling,' he said. Wealthier visitors are still coming, he said, and Circa has introduced cheaper package deals to lure those with less money to spend. 'There have been many stories written about how the 'end is near' in Vegas,' he said. 'But Vegas continues to reinvent itself as a destination worth visiting.' On AAA's annual top ten list of top Labor Day destinations, Las Vegas slipped this year to the last spot, from number six in 2024. Seattle and Orlando, Florida — home to Disneyworld — hold steady in the top two spots, with New York City moving up to third for 2025. Reports of declining tourism were news to Alison Ferry, who arrived from Donegal, Ireland, to find big crowds at casinos and the Vegas Strip. 'It's very busy. It has been busy everywhere that we've gone. And really, really hot,' Ferry said. She added that she doesn't pay much attention to U.S. politics. Just off the strip, there's been no slowdown at the Pinball Museum, which showcases games from the 1930s through today. Manager Jim Arnold said the two-decade-old attraction is recession-proof because it's one of the few places to offer free parking and free admission. 'We've decided that our plan is just to ignore inflation and pretend it doesn't exist," Arnold said. 'So you still take a quarter out of your pocket and put it in a game, and you don't pay a resort fee or a cancelation fee or any of that jazz.' But Arnold said he's not surprised that overall tourism might be slowing because of skyrocketing prices at high-end restaurants and resorts, which 'squeezes out the low end tourist.' The mayor said the rising cost of food, hotel rooms and attractions also keeps visitors away. 'People are feeling that they're getting nickeled and dimed, and they're not getting value for their dollar,' Berkley said. She called on business owners to 'see if we can't make it more affordable' for tourists.

Coloplast A/S – Interim Financial Report, 9M 2024/25
Coloplast A/S – Interim Financial Report, 9M 2024/25

Business Upturn

time38 minutes ago

  • Business Upturn

Coloplast A/S – Interim Financial Report, 9M 2024/25

By GlobeNewswire Published on August 19, 2025, 10:33 IST 2024/25 Interim financial results, 9M 2024/25 1 October 2024 – 30 June 2025 Coloplast delivered organic growth of 7% and an EBIT margin1 of 28% in Q3. Reported revenue in DKK grew 1% with negative impact from currencies and the Skin Care divestment. Organic growth rates by business area: Ostomy Care 6%, Continence Care 8%, Voice and Respiratory Care 9%, Advanced Wound Care 4% and Interventional Urology 4%. Growth in Ostomy Care was driven by broad-based contribution across regions, except for China which delivered low-single digit growth, as expected. Growth in Continence Care was driven by continued strong contribution from the Luja™ portfolio. Voice and Respiratory Care growth was driven by continued good momentum in both Laryngectomy and Tracheostomy. Growth in Advanced Wound Dressings was -2%, driven primarily by a significant decline in China which was impacted by a preventative and voluntary product return of all Biatain® Adhesive foam dressings in the market. The product return is expected to have a negative revenue impact of around DKK 80 million in H2, of which around DKK 20 million impacted Q3. Kerecis grew 17%, with a 13% EBIT margin before PPA amortisation. Growth in the quarter was impacted by a slowdown in the out-patient setting due to the LCD postponement in April, causing a temporary market shift to high-priced products. Growth momentum in Q4 is expected to improve, with a good start to the quarter in July. Growth in Interventional Urology was driven by good momentum in the US Men's Health business, partly offset by continued negative impact from the product recall in Bladder Health and Surgery of around DKK -10 million in Q3. EBIT 1 was DKK 1,915 million, a 2% increase from last year. The EBIT margin 1,2 was 28%, against 27% last year. was DKK 1,915 million, a 2% increase from last year. The EBIT margin was 28%, against 27% last year. Changes to the Executive Leadership Team announced, to support the successful execution of the new company strategy towards 2030. 9M 2024/25 organic growth of 7% and EBIT margin1 of 27%. Reported revenue in DKK grew 4% to DKK 20,914 million. Organic growth rates by business area: Ostomy Care 6%, Continence Care 8%, Voice and Respiratory Care 9%, Advanced Wound Care 9% and Interventional Urology 1%. EBIT 1 was DKK 5,718 million, a 4% increase from last year. The EBIT margin 1 was 27%, on par with last year 2 . was DKK 5,718 million, a 4% increase from last year. The EBIT margin was 27%, on par with last year . Adjusted3 net profit before special items was DKK 3,778 million, a DKK 15 million decrease from last year, negatively impacted by non-cash effect from net financial expenses. Adjusted3 diluted earnings per share (EPS) before special items decreased by 1% to DKK 16.76. Adjusted3 ROIC after tax before special items was 15%, on par with last year. FY 2024/25 guidance is unchanged with organic growth of around 7% and an EBIT margin before special items of 27-28%. Organic growth now includes the negative impact from the product return in Advanced Wound Dressings in China, partly offset by good momentum in the other business areas. Reported growth in DKK is now expected to be 3-4%, with around 2%-points negative impact from currencies and around 1.5%-points negative impact from the Skin Care divestment. The assumptions on the reported EBIT margin before special items are largely unchanged. Special items expectations are unchanged, around DKK 450 million. Expectations on capital expenditures and tax rate (ordinary and effective) are also unchanged. 'We deliver a third quarter as expected with 7% organic growth and an EBIT margin of 28%, maintaining our financial guidance for 2024/25. Our Q3 performance was driven by broad-based growth across our chronic care businesses, offsetting the challenges in China. I'm pleased to see the global Coloplast organisation continuing to deliver on our priorities and moving the business forward. The search for Coloplast's new CEO remains on track. I look forward to presenting our 2030 strategy at our Capital Markets Day on 2 September alongside the new Executive Leadership Team, announced today,' says interim CEO Lars Rasmussen. 1. before special items expenses of DKK 83 million in Q3 2024/25 and DKK 241 million in 9M 2024/25. 2. before special items expenses of DKK 36 million in Q3 2023/24 and DKK 70 million in 9M 2023/24. 3. Adjusted for the impact from the Kerecis IP transfer. Conference call Coloplast will host a conference call on Tuesday, 19 August 2025 at 11.00 CEST. The call is expected to last about one actively participate in the Q&A session please sign up ahead of the conference call on the link here to receive an e-mail with dial-in details: Register here Access the conference call webcast directly here: Coloplast – 9M 2024/25 conference call For further information, please contact Investors and analysts Anders Lonning-SkovgaardExecutive Vice President, CFO Tel. +45 4911 1111 Aleksandra DimovskaVice President, Investor RelationsTel. +45 4911 1800 / +45 4911 2458 Email: [email protected] Kristine Husted MunkSenior Manager, Investor RelationsTel. +45 4911 1800 / +45 4911 3266 Email: [email protected] Simone Dyrby HelvindSenior Manager, Investor RelationsTel. +45 4911 1800 / +45 4911 2981 Email: [email protected] Press and media Peter MønsterSr. Media Relations ManagerTel. +45 4911 2623 Email: [email protected] Address Coloplast A/SHoltedam 1DK-3050 HumlebaekDenmark Company reg. (CVR) no. 69749917 Website This announcement is available in a Danish and an English-language version. In the event of discrepancies, the English version shall prevail. Coloplast was founded on passion, ambition, and commitment. We were born from a nurse's wish to help her sister and the skills of an engineer. Guided by empathy, our mission is to make life easier for people with intimate healthcare needs. Over decades, we have helped millions of people to live a more independent life and we continue to do so through innovative products and services. Globally, our business areas include Ostomy Care, Continence Care, Advanced Wound Care, Interventional Urology and Voice and Respiratory Care. The Coloplast logo is a registered trademark of Coloplast A/S. © 2025-08. All rights reserved Coloplast A/S, 3050 Humlebaek, Denmark. Attachment 06_2025_9M_2024_25_Earnings_release Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.

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