logo
Danielle Smith touts Alberta supremacy at Rotary International Convention in Calgary

Danielle Smith touts Alberta supremacy at Rotary International Convention in Calgary

Yahoo3 hours ago

Premier Danielle Smith welcomed thousands of Rotary International delegates to Calgary on Sunday, using the stage to tout Alberta's economic strength, energy ambitions and approach to addiction recovery.
More than 15,000 Rotary members from more than 120 countries are expected to gather in Calgary this week for the Rotary International Convention, a five-day event that runs through Wednesday at Stampede Park.
Speaking at the official opening ceremony at the Scotiabank Saddledome, Smith — a former Rotarian herself — described Alberta as 'Canada's economic engine,' pointing to the province's population growth, economic climate and natural resource wealth.
'I want to take this opportunity to do just a little bit of bragging about this beautiful province,' she said. 'That is one of the perks of my job. I get to be the lead cheerleader for my favorite place in the world.'
Peace pole, House of Friendship and more: What to know about the Rotary International Convention in Calgary
Rotary convention kicks off at Stampede Park with House of Friendship grand opening
Smith cited recent Statistics Canada data showing that Alberta led the country in population growth during the first quarter of 2025, gaining more new residents than the rest of Canada combined. Between Jan. 1 and April 1, Alberta's population grew by 20,562, while four provinces and one territory saw population declines, including record quarterly losses in Ontario and British Columbia.
Alberta also had the highest net gain from interprovincial migration during that time.
Smith attributed the growth to economic opportunity and a 'welcoming and free society,' drawing people to the province.
'Alberta has drawn in people from near and far for a few very good reasons,' she said. 'Investors see our low corporate taxes, our skilled workforce, and our business-friendly climate as an increasingly attractive package and our tech sector is growing as a result.'
Smith also highlighted her government's efforts to expand mental health and addiction services, referring to the so-called 'Alberta recovery model.'
'Since 2019, our government has added around 10,000 addiction treatment spaces, including detox treatment and long-term recovery spaces,' she said. 'We recognize that we have a lot more work to do, but the Alberta recovery model is showing early signs of success, and we're very proud of what we have accomplished so far.'
Much of her speech focused on promoting Alberta's energy sector. Smith praised the province's level of oil and gas production — currently averaging about four million barrels a day — and said the government intends to double that output.
'Over the years this industry has delivered extraordinary prosperity to our province and to the rest of Canada, and Alberta is proud to be one of the world's foremost producers of oil and natural gas, and we are proud of what that energy means for the world.'
Smith also noted industry efforts to move toward a lower-carbon future, citing net-zero commitments and the province's leadership in carbon capture and hydrogen production.
'If, as we know, the world will need more oil and gas for decades to come, then our trading partners might as well buy it from a supplier that cares about human rights, a supplier that protects the environment and reduces emissions even as it increases production,' she said.
While Rotary International is not a political organization, the international convention comes at a time of global geopolitical tension.
Rotary International president Stephanie Urchick also addressed the audience, emphasizing the organization's mission to build unity across borders.
'The world right now can feel divided, but Rotary brings together people from every corner of the globe, not to erase our differences, but to celebrate them,' she said. 'That's how we spread peace, because peace is more than the absence of conflict, it's the presence of understanding.'
Rotary International is a global service organization that boasts more than a million volunteer members focused on community and humanitarian efforts.
The convention is expected to pump $81 million into Calgary's economy.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Wisr AI Systems Inc. Accelerates Global Business Development at Web Summit Vancouver, InfoSec Europe, and VivaTech Paris
Wisr AI Systems Inc. Accelerates Global Business Development at Web Summit Vancouver, InfoSec Europe, and VivaTech Paris

Yahoo

timean hour ago

  • Yahoo

Wisr AI Systems Inc. Accelerates Global Business Development at Web Summit Vancouver, InfoSec Europe, and VivaTech Paris

Vancouver, British Columbia--(Newsfile Corp. - June 22, 2025) - Wisr AI Systems Inc. (CSE: WISR) ("Wisr AI" or the "Company"), a leading provider of AI-driven cyber and third-party risk intelligence, is pleased to announce the successful execution of several strategic business development initiatives across recent key global technology conferences, including Web Summit Vancouver, InfoSec Europe in London, and VivaTech Paris. Web Summit Vancouver (May 27-30, 2025) Wisr AI participated as part of the official AI delegation at Web Summit Vancouver, where CEO Rob Goehring was featured on panels discussing the future of predictive AI in enterprise cybersecurity and risk management. The Company held targeted meetings with industry stakeholders, public-sector innovation leaders, and investors. These engagements served to strengthen Wisr AI's leadership role in Canada's AI sector while building new relationships across the North American innovation landscape. InfoSec Europe, London (June 3-5, 2025) At InfoSec Europe, one of Europe's leading cybersecurity conferences, Wisr AI advanced its market development objectives through high-level engagements with managed service providers, enterprise IT risk teams, and government-backed cyber programs. The Company showcased its predictive risk platform designed to detect vendor vulnerabilities, ingest global intelligence signals, and automate prioritization of emerging cyber threats. The event marked a key milestone in Wisr AI's strategy to expand its European footprint. VivaTech Paris (June 11-14, 2025) Wisr AI was honoured to be selected as part of Canada's official delegation to VivaTech Paris, where Canada was recognized as "Country of the Year". The event brought together over 180,000 attendees and 2,800 exhibitors, including a strong cohort of AI-focused companies from around the world. Wisr AI used the opportunity to demonstrate how its platform leverages artificial intelligence to improve cyber resilience and compliance across complex global supply chains. Throughout the conference, Wisr AI engaged in bilateral meetings with multinational corporations, innovation ministries, and enterprise risk teams. These discussions were supported by Canadian and provincial trade delegations and enabled the Company to identify potential new European partners, explore collaboration with cross-border regulatory frameworks, and align with emerging AI safety and sovereignty initiatives. Rob Goehring, CEO of Wisr AI, stated: "These global events provided a powerful platform for Wisr AI to expand its reach and share our vision of proactive, intelligence-led risk management. We're proud to represent Canadian innovation on the world stage and are encouraged by the momentum we've built with partners and prospects in both North America and Europe." Equity Incentive Grants The Company also announces that on June 20, 2025, Wisr AI adopted a "rolling" omnibus equity incentive plan (the "Incentive Plan") and granted a total of 4,550,000 stock options and 3,900,000 restricted share units ("RSUs") to certain directors, officers, and consultants of the Company. Each stock option is exercisable into one common share of the Company at a price of $0.15 per share for a period of up to 5 years. The RSUs vest in accordance with time-based criteria established by Wisr AI's Board of Directors, with none of the RSUs vesting until at least six (6) months following the grant date. The grants are intended to align the interests of the Company's team with long-term shareholder value creation and to support the continued growth and success of Wisr AI. The foregoing stock options and RSUs are subject to the Incentive Plan in all respects, as well as any required approvals of the Canadian Securities Exchange and the Company's shareholders. About Wisr AI Systems Inc. Wisr AI Systems Inc. (CSE: WISR) is a Vancouver-based technology company specializing in AI-powered cyber risk prediction and third-party risk intelligence. The Company's platform analyzes real-time global signals—including breach data, dark web intelligence, and firmographic context—to help organizations identify, prioritize, and act on emerging cyber and supply chain risks. Wisr AI supports enterprise resilience by enabling dynamic, scalable, and predictive governance, risk, and compliance (GRC) strategies. For further information, please contact: Robert GoehringChief Executive OfficerTelephone: +1 (778) 200-9005Email: ir@ The Canadian Securities Exchange has not in any way passed upon the merits of the matters referenced herein and has neither approved nor disapproved the contents of this news release. Forward-Looking Information: This news release may contain statements that constitute "forward-looking information" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and operating performance. Forward-looking information is often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" or similar expressions and includes information regarding, among other things, expectations for other economic, business, and/or competitive factors. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations of the Company's management, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; and compliance with extensive government regulation. This forward-looking information may be affected by risks and uncertainties in the business of the Company and market conditions. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law. To view the source version of this press release, please visit

If You Invested $10K In Equity LifeStyle Stock 10 Years Ago, How Much Would You Have Now?
If You Invested $10K In Equity LifeStyle Stock 10 Years Ago, How Much Would You Have Now?

Yahoo

time2 hours ago

  • Yahoo

If You Invested $10K In Equity LifeStyle Stock 10 Years Ago, How Much Would You Have Now?

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Equity LifeStyle Properties Inc. (NYSE:ELS) is a real estate investment trust owning and operating manufactured home communities, RV resorts and campgrounds in North America. The company's stock traded at approximately $27.63 per share 10 years ago. If you had invested $10,000, you could have bought roughly 362 shares. Currently, shares trade at $63.07, meaning your investment's value could have grown to $22,827 from stock price appreciation alone. However, Equity LifeStyle also paid dividends during these 10 years. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Peter Thiel turned $1,700 into $5 billion—now accredited investors are eyeing this software company with similar breakout potential. Learn how you can Equity LifeStyle's dividend yield is currently 3.29%. Over the last 10 years, it has paid about $13.08 in dividends per share, which means you could have made $4,734 from dividends alone. Summing up $22,827 and $4,734, we end up with the final value of your investment, which is $27,561. This is how much you could have made if you had invested $10,000 in Equity LifeStyle stock 10 years ago. This means a total return of 175.61%. However, this figure is significantly less than the S&P 500 total return for the same period, which was 238.79%. Equity LifeStyle has a consensus rating of "Outperform" and a price target of $73.23 based on the ratings of 13 analysts. The price target implies a more than 16% potential upside from the current stock price. Trending: Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. The company on April 21 announced its Q1 2025 earnings, posting FFO of $0.83, in line with expectations, while revenues of $387.33 million missed the consensus estimate of $398.72 million, as reported by Benzinga. For full-year 2025, the company expects net income per common share in the range of $1.97 to $2.07, and FFO per share of $3.01 to $3.11. Check out this article by Benzinga for five analysts' insights on Equity LifeStyle Properties. Given the expected upside potential, growth-focused investors may find Equity LifeStyle stock attractive. Furthermore, they can benefit from the company's solid dividend yield of 3.29%. Read Next: Maximize saving for your retirement and cut down on taxes: . , which provides access to a pool of short-term loans backed by residential real estate with just a $100 minimum. Image: Shutterstock This article If You Invested $10K In Equity LifeStyle Stock 10 Years Ago, How Much Would You Have Now? originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Avoid the OAS Clawback: Dividend Strategies Every Retiree Should Know
Avoid the OAS Clawback: Dividend Strategies Every Retiree Should Know

Yahoo

time2 hours ago

  • Yahoo

Avoid the OAS Clawback: Dividend Strategies Every Retiree Should Know

Written by Kay Ng at The Motley Fool Canada For many Canadian retirees, the Old Age Security (OAS) pension is a welcome source of income. But for those with moderate to high retirement income, the OAS clawback — officially known as the OAS recovery tax — can reduce or even eliminate this benefit. Fortunately, with the right dividend strategies, retirees can build a reliable income stream while minimizing their exposure to the clawback. As of 2025, the OAS clawback begins when your net income exceeds $93,454. For every dollar above this threshold, you lose $0.15 of OAS benefits. This can result in thousands of dollars in lost income annually. Net income, for tax purposes, includes interest income, Registered Retirement Income Fund (RRIF) withdrawals, and even capital gains. However, eligible Canadian dividends (and income or gains received inside a Tax-Free Savings Account (TFSA)) — can provide tax-efficient income and help retirees avoid hitting that clawback threshold. Dividends from Canadian corporations benefit from the dividend tax credit, which significantly reduces the effective tax rate for your Canadian dividend income compared to interest income or RRIF withdrawals. This makes Canadian dividend stocks an essential part of any OAS-conscious retirement strategy. Even better, dividends, interests, and gains earned inside a TFSA are completely tax-free — they don't count as income for OAS purposes at all. TELUS (TSX:T) is a dividend stock worthy for retirees to take a closer look at. As one of Canada's Big Three telecom providers, TELUS offers stable cash flows and a strong track record of returning capital to shareholders. Dividend yield: Currently, TELUS offers a dividend yield of approximately 7.5% — well above the Canadian stock market yield of about 2.7%. Payout frequency: TELUS pays dividends quarterly, giving retirees regular, reliable income. Dividend growth: TELUS tends to increase its dividend semi-annually. Last month, it just announced a new plan, targeting annual dividend growth of 3-8% from 2026 through 2028. Sector stability: High debt levels and capital-intensive investments are a common theme in the telecom sector. As well, the sector is faced with increasing competition and pricing pressure. That said, TELUS continues to generate substantial operating cash flows. Furthermore, it targets a long-term payout ratio that's 60-75% of its free cash flow. For retirees looking to build a dependable income stream without pushing their net income into OAS clawback territory, TELUS is a solid idea. Use a TFSA first: If you have excess room in your TFSA, you can consider holding some big-dividend stocks like TELUS in your TFSA to keep that income out of your taxable net income. Otherwise, hold big-dividend Canadian stocks in your non-registered account to enjoy the dividend tax credit. Delay RRSP withdrawals. Consider delaying RRIF conversions until age 72, and in the meantime, draw from non-registered accounts or the TFSA. Split pension income. If you have a spouse, pension income splitting can lower one's income and reduce the chance of hitting the clawback threshold. Limit interest-heavy investments. Guaranteed Investment Certificates and bond interest are fully taxable and can quickly drive up net income. Favour eligible dividends instead if it makes sense for your situation. Watch capital gains. Selling stocks with large unrealized gains in a non-registered account could push you into clawback territory. Aim to harvest capital gains strategically in non-registered accounts or target these gains in your TFSA. The OAS clawback is a real risk for many Canadian retirees — but with a smart dividend strategy, it can be minimized or even avoided entirely. Dividend stocks like TELUS, when held in tax-efficient accounts, can provide steady income without the tax drag. By planning carefully and making tax-smart investment decisions, you can protect both your OAS benefits and your retirement lifestyle. The post Avoid the OAS Clawback: Dividend Strategies Every Retiree Should Know appeared first on The Motley Fool Canada. More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Kay Ng has a position in TELUS. The Motley Fool recommends TELUS. The Motley Fool has a disclosure policy. 2025

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store