Tariffs and their effect on northern Ont. focus of final day of northern municipal conference
The FONOM conference wrapped up in North Bay on Wednesday as delegates met with cabinet ministers and talk tariff threats from the U.S.
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CBC
11 minutes ago
- CBC
Weight of traditional knowledge discussed at public hearing for Diavik's water licence
A handful of Indigenous governments want to see more criteria enshrined in the conditions of Diavik diamond mine's new water licence, to determine that water will be safe for cultural uses. The Wek'èezhìi Land and Water Board (WLWB) is holding a public hearing about the company's application for a 10-year water licence renewal, at the cultural centre in Behchokǫ, N.W.T.,̀ this week. The Tłı̨chǫ government, the Yellowknives Dene First Nation, the Łutsel K'e Dene First Nation and the Deninu Kųę́ First Nation are all participating in the hearing, along with representatives of the federal and territorial governments and an environmental monitoring board. Violet Camsell-Blondin, who presented Wednesday morning on behalf of the Tłı̨chǫ government, told the hearing that both Western science and Indigenous traditional knowledge should be used to assess the water of Lac de Gras, the tundra lake in which Diavik operates, about 300 kilometres northeast of Yellowknife. "Cultural use criteria should not have a lower status or less clout in measuring successful closure and influencing the return of security deposits," she said. The WLWB has already required Diavik to incorporate traditional knowledge and cultural use criteria in its plans – but the Tłı̨chǫ, the Łutsel K'e Dene and the Yellowknives Dene want it to have the same weight as scientific monitoring and for it to be tied to the return of security deposits. What are cultural use criteria? An amendment to Diavik's current water licence required that cultural use criteria be developed for dumping processed kimberlite back into the open pits which will eventually, as part of closure, be filled with water and reconnected to Lac de Gras. A letter from the Tłı̨chǫ government to the board during that amendment process a few years ago describes cultural use criteria as the clarity, temperature, colour, smell and taste of the water, as well as whatever unnatural material might be in it. Diavik held workshops with Indigenous partners to establish that criteria and summarized in a report afterwards that healthy water would look clear, feel cold, smell clean, taste fresh and sound alive. "A lot of times science will say the water is good, you could drink it, but they won't drink it," said Patrick Simon, a Deninu Kųę́ First Nation councillor participating in the hearing, adding that scientists also use numbers that are hard to understand to communicate that water is safe. "If I told you, as an Indigenous person, the water is good, you can drink it, I will not only drink it but I'll show you the freshness of the water and the vibrancy, the clarity and even the feeling …. When we're around bad water it don't feel good. When we're around good healthy water, we feel alive, we feel connected. It's part of us." Simon said cultural use criteria will help Indigenous people decide whether they want to drink the water and harvest the animals in and around Lac de Gras once Diavik has closed. 'Flexibility should be maintained,' Diavik says A decision for the WLWB to make, once the hearing is over, is whether traditional knowledge and more cultural use criteria should be enshrined in the conditions of the licence – or whether those will be discussed further as part of the mine's closure plan. Diavik has expressed preference for the latter, stating in its presentation this week that it "strongly recommends that flexibility should be maintained" by discussing cultural use criteria through the final closure and reclamation plan and not establishing "fixed" licence conditions. Diavik is already in the process of creating a traditional knowledge monitoring program with its Indigenous partners that'll be submitted to the land and water board for approval. "Adding licence conditions might restrict the program that's in development. [The program] that really, at the end of the day, communities are developing for us," said Sean Sinclair, Diavik's manager of closure. "Potentially putting that in a box through licence conditions … we don't think it would necessarily be helpful and that it could be more flexibly managed through the closure plan." In a letter to the board ahead of the hearing, Diavik also said that there's uncertainty about how cultural use criteria would be evaluated for regulatory compliance. Diavik is trying to set itself apart from a history of abandoned mines in the N.W.T by closing responsibly. Its existing water licence expires at the end of the year, and it needs another one to wrap up production in March 2026, carry out closure, and start initial post-closure monitoring up until 2035. The hearing wraps up in Behchokǫ̀ on Wednesday.
Cision Canada
12 minutes ago
- Cision Canada
TELUS Submits Non-Binding Indication of Interest to Acquire Full Ownership of TELUS Digital Français
Acquisition would offer TELUS Digital shareholders liquidity at a compelling value and enhance TELUS Digital's ability to effectively respond to changing market dynamics Closer operational integration between TELUS and TELUS Digital to supercharge AI and SaaS transformation across telecommunications, health, agriculture and consumer goods sectors TELUS Digital to continue as a key enabler to TELUS' growth strategy and operational efficiency VANCOUVER, BC, June 12, 2025 /CNW/ - TELUS Corporation (TELUS) today announced that it has submitted a non-binding indication of interest (IOI) to the board of directors of TELUS International (Cda) Inc. (TELUS Digital) in respect of a proposed transaction pursuant to which TELUS would, directly or indirectly through one of its subsidiaries, acquire all of the issued and outstanding subordinate voting shares and multiple voting shares of TELUS Digital not already owned directly or indirectly by TELUS for a price per share of US$ 3.40 to be paid in cash, TELUS common shares or a combination of both. The proposed price represents a premium of approximately 15% to TELUS Digital's closing share price on the New York Stock Exchange (NYSE) on June 11, 2025, and a premium of approximately 23% over TELUS Digital's 30-day volume weighted average trading price based on Canadian composite (Toronto Stock Exchange and all Canadian marketplaces) and U.S. composite (New York Stock Exchange and all U.S. marketplaces) as of such date. TELUS has asked the TELUS Digital board of directors to begin a process to review the IOI and appoint a special committee of independent directors to evaluate the proposal. "Our proposal to fully acquire TELUS Digital reflects our belief that closer operational proximity between TELUS and TELUS Digital will enable enhanced AI capabilities and SaaS transformation across all lines of our business, including telecommunications, TELUS Health and TELUS Agriculture & Consumer Goods, driving positive outcomes for the customers we serve," said Darren Entwistle, President and CEO of TELUS. "We anticipate that our deep familiarity with TELUS Digital will enable us to conclude this proposed transaction, with appropriate engagement from TELUS Digital, quickly and efficiently and, post-closing, effectively integrate the business and the team. TELUS Digital will continue to be an important business unit within TELUS, underscored by its demonstrated leadership in customer service excellence, digital transformation and heartfelt caring in the communities where team members live, work and serve. Accordingly, we believe the terms of our proposal are compelling for TELUS Digital shareholders and our leadership team looks forward to working constructively with the independent members of TELUS Digital's board of directors to progress the proposed acquisition. Notably, we believe this proposed transaction will yield meaningful benefits for TELUS Digital and importantly, for our customers and investors." Any financing undertaken in the near term will be designed with a view to being neutral to TELUS' balance sheet net debt to EBITDA leverage ratio, as TELUS maintains focus on deleveraging priorities. The IOI is a non-binding indication of interest and is subject to, among other matters, confirmatory due diligence satisfactory to TELUS, agreement on transaction structure, the negotiation and execution of mutually acceptable definitive transaction documents, and the approval of the proposed acquisition by the TELUS Digital board of directors. Further, the consummation of the proposed acquisition, even if definitive transaction documents are entered into, would be subject to customary closing conditions for transactions of this nature, including, among others, the receipt of shareholder approvals required under applicable securities laws, including Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions, and court approval. No agreement has been reached between TELUS and TELUS Digital, and no assurances can be given that definitive transaction documents with respect to the proposed acquisition will be entered into, as to the final terms of any transaction or that a transaction will be consummated. Barclays is acting as exclusive financial advisor to TELUS, and Stikeman Elliott LLP and A&O Shearman are acting as legal advisors. TELUS and its advisors stand ready to work with the TELUS Digital board of directors to agree the terms of, and implement, the proposed acquisition. TELUS currently beneficially owns an aggregate of 152,004,019 multiple voting shares and 6,874,822 subordinate voting shares, representing approximately 92.5% of the outstanding multiple voting shares, 6.1% of the outstanding subordinate voting shares, representing 57.4% of all outstanding shares, and 86.9% of the combined voting power of all outstanding shares. The foregoing percentages are based on 164,381,876 multiple voting shares and 112,477,222 subordinate voting shares issued and outstanding, as reported by TELUS Digital in its condensed interim consolidated financial statements for the three months ended March 31, 2025. TELUS currently has no additional plans or intentions that relate to its investment in TELUS Digital other than those described in the IOI. Nonetheless, it may or may not purchase or sell multiple voting shares, subordinate voting shares or other securities of TELUS Digital in the future on the open market or in private transactions, depending on market conditions and other factors. Depending on market conditions, general economic and industry conditions, TELUS Digital's business and financial condition and/or other relevant factors, TELUS may at any time develop other plans or intentions in the future relating to one or more of the actions set forth in Items 5(a) through (k) of TELUS' early warning report or Items 4(a) through (j) of TELUS' Schedule 13D. TELUS does not intend to make additional disclosure regarding the proposed acquisition until a definitive agreement has been reached or unless disclosure is otherwise required under applicable securities laws. A copy of the early warning report (to which a copy of the IOI is attached) filed by TELUS in connection with the submission of the IOI is available on TELUS Digital's profile on SEDAR+ at A copy of Amendment No. 3 to Schedule 13D (to which a copy of the IOI is attached) filed by TELUS in connection with the submission of the IOI is, or will be, available on the U.S. Securities and Exchange Commission's EDGAR database at Alternatively, you may contact TELUS Investor Relations at 1-800-667-4871 in order to obtain a copy of the early warning report or Amendment No. 3 to Schedule 13D. The headquarters and principal executive offices of TELUS Digital are located at Floor 5, 510 West Georgia Street, Vancouver, British Columbia, Canada V6B 0M3. This press release does not constitute an offer to buy or sell or the solicitation of an offer to sell or buy any securities. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with registration and other requirements under applicable law. Forward-Looking Statements This news release contains forward-looking statements about future events pertaining to the proposed acquisition, including expectations in respect of the proposed acquisition and the completion of such proposed acquisition, the realization of expected benefits to TELUS, TELUS Digital and their respective shareholders, including the realization of the synergies and other benefits of combining TELUS Digital's businesses with TELUS, and the ability of the businesses of TELUS Digital to respond to changing market dynamics, seizing considerable growth opportunities and leveraging strong demand. The terms TELUS, we, us and our refer to TELUS Corporation and, where the context of the narrative permits or requires, its subsidiaries. Forward-looking statements include any statements that do not refer to historical facts, including statements relating to the proposed acquisition. Forward-looking statements are typically identified by the words assumption, goal, guidance, objective, outlook, strategy, target and other similar expressions, or future or conditional verbs such as aim, anticipate, believe, could, expect, intend, may, plan, predict, seek, should, strive and will. These statements are made pursuant to the "safe harbour" provisions of applicable securities laws in Canada and the United States Private Securities Litigation Reform Act of 1995. By their nature, forward-looking statements are subject to inherent risks and uncertainties and are based on assumptions, including assumptions about future economic conditions and courses of action. These assumptions may ultimately prove to have been inaccurate and, as a result, our actual results or events may differ materially from expectations expressed in or implied by the forward-looking statements. There is significant risk that the forward-looking statements will not prove to be accurate. Readers are cautioned not to place undue reliance on forward-looking statements as a number of factors could cause actual future performance and events to differ materially from those described in the forward-looking statements. Among the factors that could cause actual results to differ materially include, but are not limited to, those relating to whether the proposed acquisition will be approved by the TELUS Digital Board, whether any definitive agreement will be successfully negotiated and executed in connection with the proposed acquisition, whether the proposed acquisition or any other transaction will be consummated, the possibility for the proposed acquisition, even if a definitive agreement is entered into, not to be completed on the terms and conditions, or on the timing, contemplated thereby, and that it may not be completed at all, due to a failure to obtain or satisfy, in a timely manner or otherwise, required shareholder and court approvals and other conditions to the closing of the proposed acquisition or for other reasons, the possibility that TELUS may not realize any or all of the anticipated benefits from the proposed acquisition, as well as the other risk factors as set out in our 2024 annual management's discussion and analysis and in other TELUS public disclosure documents and filings with securities commissions in Canada (on SEDAR+ at and in the United States (on EDGAR at Additional risks and uncertainties that are not currently known to us or that we currently deem to be immaterial may also have a material adverse effect on our financial position, financial performance, cash flows, business or reputation. The forward-looking statements contained in this news release describe our expectations at the date of this news release and, accordingly, are subject to change after such date. Except as required by applicable law, TELUS disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement contained herein to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. This cautionary statement qualifies all of the forward-looking statements in this document. About TELUS TELUS (TSX: T, NYSE: TU) is a world-leading communications technology company, generating over $20 billion in annual revenue with more than 20 million customer connections through our advanced suite of broadband services for consumers, businesses and the public sector. We are committed to leveraging our technology to enable remarkable human outcomes. TELUS is passionate about putting our customers and communities first, leading the way globally in client service excellence and social capitalism. Our TELUS Health business is enhancing more than 150 million lives worldwide through innovative preventive medicine and well-being technologies. Our TELUS Agriculture & Consumer Goods business utilizes digital technologies and data insights to optimize the connection between producers and consumers. Operating in 32 countries around the world, TELUS Digital (TSX and NYSE: TIXT) is a leading digital customer experience innovator that designs, builds, and delivers next- generation solutions, including AI and content moderation, for global and disruptive brands across strategic industry verticals, including tech and games, communications and media, eCommerce and fintech, banking, financial services and insurance, healthcare, and others. Guided by our enduring 'give where we live' philosophy, TELUS, our team members and retirees have contributed $1.8 billion in cash, in-kind contributions, time and programs including 2.4 million days of service since 2000, earning us the distinction of the world's most giving company. For more information about TELUS, please visit follow us at @TELUSNews on X and @Darren_Entwistle on Instagram. Media Relations Steve Beisswanger [email protected]
CTV News
24 minutes ago
- CTV News
Two Aeroplan members lose $13,000 in points after getting hacked
Two Ontario residents told CTV News they were saving points for their dream vacations but found out they were hacked, losing points worth about $13,000. Aeroplan is one of the most popular loyalty programs in Canada with about five million Canadians as active members. If you're one of those five million, you may want to check your account. Aeroplan points are being targeted by scammers hoping to convert them into gift cards. Two Ontario residents told CTV News they were saving points for their dream vacations but found out they were hacked, losing point amounts valued at almost $13,000. 'I was totally shocked. I couldn't believe it at first until I checked again and they were gone,' said Frances Parkin of Toronto. Parkin told CTV News she was an English language teacher in France in the 1960s and was saving her points to take a trip back to Paris. She said she had 417,500 Aeroplan points collected—worth about $8,000—which went missing. 'Someone had purchased a series of gift cards (with my points),' said Parkin, who also admitted she hadn't checked her account for more than a year. 'It's like seeing your bank account disappearing,' added John Guiler of Markham. Guiler is also a long-time collector of Aeroplan points and has been collecting them for over 35 years. Both Guiler and his wife love to travel and after he retired last year, they were planning to use their saved Aeroplan miles to take a dream vacation. But, he said he was shocked when his 245,000 points—worth about $5,000—went missing. 'In January we started to look at trips and discovered we had missing points,' Guiler said. His said his account had been hacked by someone who also bought gift cards, and he was told by Aeroplan the points would not be returned. 'They had refused to reinstate the points because they were stolen over a year ago. I never had any indication I had fraud on my account.' When CTV News reached out to Aeroplan's parent company, Air Canada, a spokesperson said in a statement, 'We are sorry to hear about their experience, but unfortunately the length of time that has elapsed, with the customer only notifying us nearly two years after this issue arose, makes it impossible for us to investigate.' 'Moreover, while we have safeguards in place to protect accounts, under the terms that customers agree to when they enrol in Aeroplan, we state clearly that members should notify us 'immediately' of any concerns about their accounts. We also note that they are responsible for monitoring their account activity, as early detection is important for reinforcing security.' Rewards Canada—a website that monitors loyalty offerings and provides information on loyalty programs—told CTV News to prevent theft, it's better to use strong passwords, enable two-factor authentication, secure your email account, beware of phishing scams and monitor your account activity often. 'There has been a lot of security issues with accounts being hacked or taken over and people lose those points or miles,' said Patrick Sojka, founder of Rewards Canada. 'I recommend people check their loyalty balances at least a minimum of once a month or more. These points are just like cash, so treat it like cash.' Both Guiler and Parkin are frustrated their hacked points are gone for good. 'To not have any possibility of redeeming them was shocking,' said Parkin. Aeroplan points can be lost due to fraud, but you can also lose them due to 'account inactivity.' To keep your points from expiring you need to make at least one Aeroplan transaction every 18 months.
