Latest news with #Burnaby
Associated Press
a day ago
- Business
- Associated Press
Ostrom Climate Announces Leadership Update
BURNABY, BC / ACCESS Newswire / July 21, 2025 / Ostrom Climate Solutions Inc. ('Ostrom' or the 'Company') (TSXV:COO)(Frankfurt:9EAA), a leading provider of carbon project development and climate solutions, announced today that Tejinder Virk stepped down as Chief Executive Officer and from the Company's Board of Directors for personal reasons. Navdeep Dhaliwal, Executive Chairman of Ostrom, will assume CEO responsibilities to ensure continuity and maintain focus on the Company's strategic priorities. Mr. Virk joined Ostrom's Board in November 2023 and was appointed CEO in September 2024. During his tenure, he led the Company through a period of strategic transition and restructuring to establish a focused strategy on high-quality carbon credit origination, institutional sales and trading, while streamlining operations and rightsizing the Company's cost structure. 'It has been an honour to lead Ostrom and work with such a passionate and committed global team,' said Mr. Virk. 'Together, we have innovated new products, adopted global best practices, built a more disciplined platform, and established an international pipeline of high-quality carbon projects. As a shareholder of Ostrom, I look forward to seeing the Company continue to improve and unlock long-term shareholder value.' 'The Board thanks Tejinder for his leadership and contributions to Ostrom during a pivotal phase,' said Mr. Dhaliwal. 'We remain committed to delivering value to our shareholders and advancing Ostrom's mission to deliver impactful climate solutions globally.' About Ostrom Climate Solutions Inc. Ostrom is one of North America's leading providers of carbon project development and management services, climate solutions, and carbon credit marketing. Over the past 12 years, Ostrom has validated and verified forest carbon projects globally for voluntary and regulated markets, having developed 16 million acres of forest land for conservation and monetized over 10 million carbon credits. Based out of British Columbia, Canada, the Ostrom team has a global reach, has worked with over 200 organizations globally, including Fortune 500 companies, managed projects in partnership with indigenous stakeholders and has extensive on-ground experience in emerging markets. Ostrom is focused on developing high-quality carbon projects that have a positive impact on the environment, local communities and biodiversity. Ostrom is publicly listed on the TSX Venture Exchange (COO) and the Frankfurt Stock Exchange (9EAA). Please visit us at To receive corporate updates via e-mail, please subscribe here. For more information regarding the Company, please contact: Ostrom Climate Solutions Inc. Suite 380 - 4111 Hastings Street, Burnaby BC, V5C 2J3, Canada Email: [email protected] Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this Release. Cautionary Statement Regarding Forward Looking Statements This news release contains certain statements that may be deemed 'forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words 'expects', 'plans', 'anticipates', 'believes', 'intends', 'estimates', 'projects', 'potential' and similar expressions, or that events or conditions 'will', 'would', 'may', 'could' or 'should' occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or realities may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change. SOURCE: Ostrom Climate Solutions Inc. press release
CTV News
5 days ago
- CTV News
Witnesses sought after elderly women struck in Burnaby, B.C., hit-and-run
Two elderly pedestrians are in hospital with serious injuries after being struck by a hit-and-run driver in Burnaby, B.C., Thursday night. Police were called to the area of Willingdon Avenue and Union Street just before 9:30 p.m. to find two women, aged 73 and 85, had been hit by a vehicle that fled the scene, Burnaby RCMP said in a statement. According to BC Emergency Health Services, three ambulances responded to the scene and paramedics provided treatment to two victims who were taken to hospital in a 'serious but stable condition.' Anyone who witnessed the event or believes they have relevant information is asked to contact the Burnaby RCMP via 604-646-9999.
CBC
5 days ago
- CBC
2 elderly women seriously injured in Burnaby hit-and-run, days after senior hit in East Vancouver
Social Sharing Two elderly women are in hospital with serious injuries after a hit-and-run in Burnaby on Thursday night, the second hit-and-run involving a senior pedestrian in Metro Vancouver in under a week. Burnaby RCMP say officers were called just before 9:30 p.m. on July 17 to Willingdon Avenue and Union Street following reports of a motor vehicle collision involving two pedestrians. When police arrived, they found two women, aged 73 and 85, suffering from serious injuries. Both were transported to hospital. In a statement Friday, the RCMP said the driver of the vehicle did not remain at the scene. B.C. Emergency Health Services says it responded to the scene with two ambulances with primary care paramedics and an ambulance with advanced care paramedics. "Paramedics provided emergency medical treatment to two patients who were transported to hospital in serious but stable condition," said BCEHS spokesperson Brian Twaites in a statement. Mounties say they are canvassing the area for surveillance footage and are urging anyone who saw the collision or has dashcam video to come forward. Descriptions of the suspect and the vehicle involved have not yet been released, but police say more information will be provided "as soon as practicable." VPD investigating separate hit-and-run in East Vancouver The incident comes just days after a 70-year-old woman was hit by the driver of a grey SUV in East Vancouver. Police say the woman was crossing Grandview Highway at Slocan Street shortly before 5:30 p.m. on July 11 when the vehicle hit her and continued driving eastbound without stopping. The Vancouver Police Department says investigators are working to identify the driver and vehicle involved. "We believe there were several bystanders who attempted to chase after the vehicle," said Const. Tania Visintin in a statement Friday. "Investigators would like to speak with anyone who witnessed the collision. We also want to speak to the driver of the grey SUV to determine what circumstances led up to the incident." The woman suffered serious but non-life-threatening injuries and was taken to hospital. Police in both cities are asking witnesses or anyone with relevant information to contact investigators.
CTV News
5 days ago
- Health
- CTV News
Toxic gas leak injures four workers, 80 evacuated, in Burnaby, B.C.
A truck from the Burnaby Fire Department is seen on May 26, 2025. BURNABY — A release of toxic bromine gas into the air in an industrial area of Burnaby, B.C., sent four workers to hospital and forced the evacuation of 80 others. The Burnaby Fire Department says in a statement that they responded to a report of an airborne chemical in the 8,000-block of Wiggins Street late Thursday. A statement from the department says they used portable air monitoring systems to detect the noxious gas and find its origin. It says four workers in a nearby business who were experiencing symptoms of exposure, including nose, throat and lung irritation, were treated with oxygen on site and then taken to hospital. All four are in stable condition and the department says the evacuation of other people was temporary while crews determined it was safe to return. It says Burnaby fire crews monitored the plume and ventilated all affected buildings, and while the statement didn't identify the origin of the gas release, it says there's no ongoing risk to exposure of the chemical. This report by The Canadian Press was first published July 18, 2025.
Yahoo
5 days ago
- Health
- Yahoo
Toxic gas leak injures four workers, 80 evacuated, in Burnaby, B.C.
BURNABY — A release of toxic bromine gas into the air in an industrial area of Burnaby, B.C., sent four workers to hospital and forced the evacuation of 80 others. The Burnaby Fire Department says in a statement that they responded to a report of an airborne chemical in the 8,000-block of Wiggins Street late Thursday. A statement from the department says they used portable air monitoring systems to detect the noxious gas and find its origin. It says four workers in a nearby business who were experiencing symptoms of exposure, including nose, throat and lung irritation, were treated with oxygen on site and then taken to hospital. All four are in stable condition and the department says the evacuation of other people was temporary while crews determined it was safe to return. It says Burnaby fire crews monitored the plume and ventilated all affected buildings, and while the statement didn't identify the origin of the gas release, it says there's no ongoing risk to exposure of the chemical. This report by The Canadian Press was first published July 18, 2025. The Canadian Press 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
