Montreal wants to install 11,000 new EV charging stations by 2030. Is that actually doable?
The announcement, made at the Montreal Climate Summit, has those in the EV industry wondering if the lofty goal is possible. Currently, there are more than 3,000 charging stations across the island.
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Globe and Mail
38 minutes ago
- Globe and Mail
As Global Migration Patterns Respond to Political Uncertainties The Spanish Group Shares Key Transformational Trends in Language
Accurate and Certified Multilingual Services Increasingly Critical in Countries Seeing Higher Migration Rates from the United States IRVINE, CA - The Spanish Group, an internationally recognized and ISO-Certified translation service, is sharing key transformational trends in language as global migration patterns shift and more U.S. citizens leave the country. More Americans Leaving the Country A recent Talker Research survey found that 17% of Americans would like to move outside the U.S. in the next five years, and 2% already have plans in place. Expatsi, a company that provides relocation tours and expat resources, says that two-thirds of users who complete an online assessment want to leave the U.S. by 2026, with 12% saying they hope to move in the next six months. 'We're seeing sharp increases in legal, healthcare, and educational translations in particular due to global migration patterns,' said The Spanish Group CEO Salvador Ordorica. 'Countries like Canada, Germany, and Australia are leading this trend, focusing on multilingual services to support immigrant integration, patient care, and legal access.' Dominant languages continue to be English, Mandarin Chinese, Spanish, Arabic, and Portuguese due to major trading groups, with increasing demand for Hindi, Bahasa Indonesian, and Vietnamese as Southeast Asian markets expand. Multilingualism Becoming a Business Imperative 'As companies enter new regions, they're realizing that English-only strategies limit market penetration. This will amplify demand for specialized translation, localization, and transcreation services that go beyond word-for-word translations to ensure brand alignment, compliance, and customer connection,' said Ordorica. 'Multilingualism is increasingly seen not just as a courtesy but as a business imperative, particularly in Asia and Africa.' Importantly, Ordorica noted, African languages like Swahili and Amharic are also on the rise, reflecting the continent's growing role in global commerce. 'We're observing growth in requests for indigenous languages, such as Nahuatl from Mexico and Yoruba in West Africa,' he said. 'While they're not widely used in global trade, localizing in these languages creates powerful connections with domestic audiences, opens new consumer bases, and strengthens corporate social responsibility narratives.' About The Spanish Group Founded in 2013 by Salvador Ordorica, CEO, The Spanish Group is an internationally recognized ISO 9001:2015 and ISO 17100:2015 certified translation service offering 123 languages and unparalleled language precision, localization, cost effectiveness, and efficiency. The Spanish Group sets itself apart by working with certified, professionally trained linguists all over the globe who are native speakers and deeply experienced specialists in a variety of fields. The Spanish Group is trusted by Fortune 500 companies, law firms, small businesses, universities, embassies, and other governmental agencies to deliver accurate, culturally-correct translations and localizations that help them operate seamlessly across multiple languages. For more information, visit: Media Contact Company Name: The Spanish Group Contact Person: Pam Abrahamsson Email: Send Email Phone: 503-298-9749 Country: United States Website:
Globe and Mail
38 minutes ago
- Globe and Mail
Newmont's Soaring Unit Costs Warrant Caution: Can It Protect Margins?
Newmont Corporation 's NEM first-quarter 2025 results show concerning increases in unit costs. Its gold costs applicable to sales rose 16% year over year to $1,227 per ounce. All-in sustaining costs (AISC) — the most important cost metric of miners — were $1,651 per ounce for the same period, reflecting a roughly 13% sequential and 15% year-over-year increase. The rise was attributed to a decline in production due to non-core asset divestments as Newmont shifts its focus to Tier 1 assets. Newmont expects gold AISC for the total portfolio to be $1,630 per ounce in 2025, reflecting a rise from $1,516 per ounce in 2024. The impacts of increased direct operating costs are leading to cost inflation. Higher materials, labor and contract services costs, despite somewhat easing lately, remain a concern. The company, in particular, is stung by higher labor costs, which constitute about half of its direct costs. For the second quarter, NEM sees unit costs to be similar to or modestly higher than the first quarter due to higher sustaining capital spending. Sustaining capital is expected to peak in the second quarter due to the ramp-up of planned investments. Higher production costs warrant caution, as they will likely weigh on NEM's profitability. This calls for prudent cost management to maintain competitiveness and sustain margins. Among its major peers, Barrick Mining Corporation B also faced cost pressure in the March quarter. Barrick saw a 22% sequential increase in AISC, reaching $1,775 per ounce. This upside was influenced by operational challenges, higher total cash costs per ounce and an uptick in minesite sustaining capital expenditures. Lower production, partly due to the suspension of operations at Barrick's Loulo-Gounkoto mine, also contributed to the rise. For 2025, Barrick projects AISC in the range of $1,460-$1,560 per ounce, indicating a year-over-year increase at the midpoint. Agnico Eagle Mines Limited 's AEM AISC declined 0.6% in the first quarter due to the deferral of certain sustaining capital expenditures. However, Agnico Eagle projects the same to increase in the remainder of 2025. Agnico Eagle forecasts total cash costs per ounce in the range of $915 to $965 and AISC per ounce between $1,250 and $1,300 for 2025, suggesting a year-over-year increase at the midpoint of the respective ranges. The Zacks Rundown for NEM Newmont's shares have shot up 43.2% year to date against the Zacks Mining – Gold industry's rise of 48.1%, largely driven by the gold price rally. Image Source: Zacks Investment Research From a valuation standpoint, NEM is currently trading at a forward 12-month earnings multiple of 12.12, a roughly 9.6% discount to the industry average of 13.4X. It carries a Value Score of A. The Zacks Consensus Estimate for NEM's 2025 and 2026 earnings implies a year-over-year rise of 20.1% and 11.7%, respectively. The EPS estimates for 2025 and 2026 have been trending higher over the past 60 days. NEM stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Newmont Corporation (NEM): Free Stock Analysis Report Agnico Eagle Mines Limited (AEM): Free Stock Analysis Report Barrick Mining Corporation (B): Free Stock Analysis Report
National Post
42 minutes ago
- National Post
Ethereum Community Releases Comprehensive Report Outlining Ether's Bull Case to Institutional Investors
Article content Article content Mike Silagadze, and Other Leading Figures from the Ethereum Community Article content NEW YORK — Members of the Ethereum community today announced the release of a new report targeting institutional investors that presents 'The Bull Case for ETH.' The report, which can be found in full here, represents a collaborative effort between many prominent leaders and researchers from the Ethereum ecosystem, with contributors that include Etherealize co-founders Vivek Raman, Danny Ryan, and Grant Hummer, as well as Founder and CEO of Mike Silagadze. Article content The report outlines why ETH – the native asset underpinning Ethereum's transformative ecosystem – is among the most significantly mispriced assets in global markets, offering one of the largest asymmetric upside opportunities across all asset classes today. With the global financial system poised for a generational transformation as more and more institutions begin to put their assets onchain, Ethereum has emerged as the most viable base layer for a fully digital and composable financial ecosystem – already hosting over 80% of all tokenized assets and serving as the default platform for stablecoins and institutional blockchain infrastructure. As the report explains, ETH is more than just a store of value – it is the fuel, collateral, and reserve asset fueling the financial system of the future. ETH is digital oil powering the financial digital economy. Article content The report details why ETH should be considered a core allocation in institutional strategies that prioritize long-term value creation, technology exposure, and future-proof financial infrastructure – laying out its case across three core sections: Article content Understanding ETH: The Digital Oil of the Digital Economy – Explores the relationship between Ethereum and ETH, ETH's utility and unique properties, proper valuation frameworks for assessing ETH's value as an asset, and the reasons it is currently undervalued and underrepresented in the portfolios of institutional investors looking for asymmetric opportunities and productive stores of value. Article content Ethereum: The Infrastructure Driving ETH's Ascent – Covers the structural, technological, and economic drivers behind the Ethereum network's growing momentum, and presents a case for why Ethereum's likely position as the foundational layer of the global digital financial system will support and amplify ETH's economic importance. Article content Ethereum & AI: The Economic Engine of the Autonomous Economy – Evaluates Ethereum's potential role and value in a financial system powered by autonomous agents. Article content 'We've reached a tipping point where Ethereum and ETH are no longer optional for traditional finance,' said Vivek Raman, co-founder and CEO of Etherealize. 'ETH is becoming the indispensable asset at the heart of a new, digitally native financial system, where tokenization and onchain infrastructure are the norm, not the future. Simply put, ETH is digital oil: the essential fuel for tomorrow's global financial rails. The chance to be early in this transformation and to harness ETH's unmatched value is more powerful than ever. Our goal with this report is to educate institutions at this critical moment.' Article content 'Institutional investors have been so focused on Bitcoin and its narrative as a store of value that they have overlooked an asset with far greater growth potential,' said Joseph Lubin, Founder and CEO of Consensys and Co-founder of Ethereum. 'ETH not only shares the same store of value properties that made Bitcoin popular, but it also has extensive utility, offers more predictable scarcity, and provides a regular yield, positioning it as the ultimate productive reserve asset. As Ethereum further entrenches itself as the backbone of the digital economy, ETH becomes more indispensable – not only as the fuel powering Ethereum, but as a strategic investment in the infrastructure of the future.' Article content The report's full list of contributors includes: Danny Ryan, Vivek Raman, Grant Hummer, Zach Obront, Rodrigo Vazquez, Ryan Berckmans, Leo Lanza, Hanniabu, Mike Silagadze, Anthony Sassano, Ryan Sean Adams, Andrew Keys, Tim Lowe, Maria Shen, Ken Deeter, Amanda Cassatt, Aftab Hossain, William Mougayar, Mariano Di Pietrantonio, Agustin do Rego, and Valeria Salazar. Article content About Etherealize Article content Etherealize is a project focused on accelerating the adoption of and bringing institutional assets onto Ethereum. Founded in 2024, Etherealize serves as a bridge between traditional and decentralized finance, offering research, educational content, and products that support the integration of real-world assets onto the Ethereum blockchain. Etherealize aims to help establish Ethereum as the digital back office for Wall Street – enabling a new era of financial infrastructure that is digital, programmable, transparent, and open to the world. Article content is a liquid staking protocol that allows stakers to retain control of their keys while delegating validator operations to a node operator. Formed under a shared vision of what DeFi should be, offers stakers a decentralized, non-custodial staking solution that can serve as a building block for web3 infrastructure. Article content Article content Article content Article content Media Contact: Article content Article content Nate Johnson Article content Article content Article content Article content Article content Article content
