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Top Free-Market Think Tank Unsure That Canada Needs More Pipelines
Top Free-Market Think Tank Unsure That Canada Needs More Pipelines

Canada Standard

time3 days ago

  • Business
  • Canada Standard

Top Free-Market Think Tank Unsure That Canada Needs More Pipelines

On the day that Prime Minister Mark Carney was flying to Washington for a high stakes meeting with United States' president Trump, Alberta Premier Danielle Smith delivered a speech demanding pre-approved oil corridors to the Pacific, Atlantic and Arctic coasts under the barely veiled threat of separation of Alberta from Canada. Approving-and potentially paying for-additional oil pipelines out of western Canada has become a kind of loyalty test for federal politicians, writes Mitch Anderson for DeSmog. Smith and other industry surrogates seem to want Carney to demonstrate his fealty to the oil patch or face the prospect of a national unity crisis. Since oil pipelines are somehow being elevated to the importance of a Canadian sovereignty deal-breaker, it is worth asking: are they actually needed? Not according to the Macdonald Laurier Institute (MLI), one of Canada's most influential free-market think tanks. This pro-oil and gas organization stated in an April report that there is currently "sufficient pipeline capacity" for western Canadian oil, arguing that "Canadian oil prices are remarkably strong at the moment." That MLI is not a full-throated cheerleader of additional pipelines is illuminating in contrast to Smith's over-heated oil patch rhetoric. The think tank, after all, has received funding from the likes of Imperial Oil, Enbridge and a foundation founded by oil and gas billionaire Charles Koch. MLI is also a partner of Atlas Network , a U.S. organization that supports over 500 "free market" organizations around the world. MLI also threw cold water on Smith's arctic pipe dreams, stating in a 2024 opinion piece that "roads and seasonal ports in the Canadian North are incredibly expensive to build and maintain, and their use case is limited." MLI went on to predict that "Canadian oil and gas are very unlikely to be shipped and exported through northern ports" due to high costs, poor economics and short ice-free seasons. Other real world evidence demonstrates there is currently no credible business case for new Alberta oil pipelines. The newly completed Trans Mountain pipeline expansion was only 77% full during 2024 and is projected to have 16% excess capacity in 2025. Trans Mountain just downgraded its forecasts out to 2028 showing the massively expensive project still won't be fully utilized three years from now. View our latest digests The company recently confirmed it has no plans to build a third pipeline on their existing right-of-way to Vancouver and could add another 300,000 barrels per day of improvements to existing systems-if needed. Since none of these upgrades are underway, one can conclude that existing capacity will be sufficient for several years into the future. Enbridge is likewise not proposing any new pipelines out of Alberta, instead investing C $4 billion in upgrades on its systems that will add 345,000 barrels per day of capacity by 2028. Enbridge president and CEO Gregory Ebel stressed to investors this month that the company's focus is on " super permit light " incremental improvements, with no projected plans out to 2035 for additional pipelines from western Canada. There are exactly zero private sector players proposing new oil pipeline projects anywhere in Canada, despite the "build, baby build" mantra being repeated by Carney, who advocated during his election campaign for a pipeline to Quebec. The last such oil pipeline proposal was way back in 2014 with the Energy East pipeline project, which was abandoned by investors before the approval process was even completed due to plunging oil prices and far cheaper pipeline options. With private sector pipeline proponents nowhere to be found, does Smith then expect the public to pay for another pipeline in hopes that her rage-farming will finally cease? The eye-wateringly expensive Trans Mountain pipeline was only completed by Canadian taxpayers shelling out $34 billion, of which the public will likely be out of pocket over $18 billion even if it is finally sold to private investors. This massive Canadian subsidy in service of expanded fossil fuel extraction was hardly a nation-building project. When the most expensive infrastructure project in Canadian history finally became operational in May 2024 it did not even garner a photo op , and has seemingly resulted in only increased separatist vitriol from Alberta. Related: Seven Ways Fossil Fuel Subsidies Undermine Energy Security The unused TMX capacity after a year of operating further illustrates that just because a new pipeline is built is no guarantee that oil companies will choose to use it if cheaper tolls are available elsewhere. Despite relentless rhetoric about a "lost decade" due to hostile Ottawa energy policies, Alberta oil production increased by 40% since the federal Liberals came to power in 2015. Canadian oil and gas revenues exceeded $1.1 trillion between 2015 and 2022. The five biggest oil producers in Alberta enjoyed annual operating profits of $44.3 billion in 2021-22-a tenfold increase since 2015. So where did the money go? Those same five companies plowed $20 billion of record-breaking profits into dividends and stock buy-backs in 2022 - more than double the proportion paid out to investors in 2014. And since only 25% of those shareholders are Canadian and even fewer live in Alberta, the vast majority of that windfall is going elsewhere. Meanwhile the embers of ignorance so cynically fanned by Smith are already beginning to singe the fabric of our country. Several separatist parties are now racing to be the first to sacrifice our nation on the altar of ginned-up oil industry grievances. In the absence of a credible and costed business case, the public trolling by Alberta politicians around mythical pipelines is dangerous nonsense and needs to stop. This story originally appeared on DeSmog and is part of Covering Climate Now , a global journalism collaboration strengthening coverage of the climate story. Source: The Energy Mix

Medical Learning Institute Inc Launches reelCE™, a Social-First Approach to Earning Continuing Education Credit
Medical Learning Institute Inc Launches reelCE™, a Social-First Approach to Earning Continuing Education Credit

Yahoo

time19-05-2025

  • Health
  • Yahoo

Medical Learning Institute Inc Launches reelCE™, a Social-First Approach to Earning Continuing Education Credit

Non-Profit Breaks the CE Mold by Tapping Industry Influencers to Create Short-Form, Evidence-Based Video Content for Busy, Always-Connected Healthcare Providers SAN FRANCISCO, May 19, 2025 (GLOBE NEWSWIRE) -- Medical Learning Institute Inc (MLI), a non-profit jointly accredited continuing education (CE) provider, today announced the launch of reelCE™, enabling busy healthcare providers to earn CE credits by watching short-form videos created by well-respected clinician-educators on social media. MLI's reelCE™ series, 'Unlocking the Secrets of Severe Asthma: From Pathways to Precision,' was unveiled today at the American Thoracic Society's 2025 International Conference. The series comprises 15 one-minute videos focused on skills and strategies for key topics in severe asthma, including the pathophysiology of severe asthma, current treatment modalities, management of exacerbations, emerging therapies, and translating recent scientific evidence into practice. reelCE™ is the next step in MLI's social media initiative, which started with TikToktivity™, a series focused on 'Game-Changing Therapies For Treating Anemia in Patients Living with LR-MDS.' Launched in 2024, this initial program captured more than 1.4 million views with three-minute TikTok-style micro-courses. 'We found an innovative way to meet today's HCPs where they're spending their downtime – on social media. In a world of constant distractions and limited time, reelCE™ offers one-minute videos right in their feeds,' says Kristin Gusack, RD, CHCP, MLI's executive director. 'These bite-sized moments are designed to spark curiosity and reveal practice gaps, prompting learners to explore further. From there, HCPs are directed to our learning management system (LMS) for deeper engagement with accredited content and evidence-based strategies to improve patient care. With reelCE™, they can pursue education that's both efficient and intentional.' Starting today, the course content is available on MLI's website and will be posted across TikTok, X, Instagram, LinkedIn and YouTube, among others, over the course of three weeks, with all 15 micro-courses available on social media by Friday, June 6. The course content will be shared not only on MLI's social channels, but also by the faculty with their own followers. Providers can unlock CE credit by diving into the content, exploring downloadable practice aids, and by answering a few quick questions in MLI's LMS. 'This educational design encourages self-reflection by presenting ungated, accredited CE content directly to HCPs on their favorite social media channels. We also found it's a way to engage learners of all ages, not just younger HCPs who are digital natives; for example, a quarter of the views on TikToktivity™ came from people aged 55 and older, a percentage comparable to that of viewers aged 25 to 34,' Gusack added. MLI tapped board-certified content creators as their faculty to produce the series: ENT Surgeon Dr. Karina Cañadas (@teachmedoc) Allergist & Immunologist Dr. Payel Gupta (@nycdoctor) Allergist & Immunologist Dr. Farah Khan (@ Asthma, Allergy & Immunology Specialist Dr. M. Waseem Imam (@foodandallergy) Allergist & Physician Dr. Juanita Mora (@ Dr. Tonia Farmer (@drnosebest), a distinguished otolaryngologist with 28 years of experience, serves as the campaign's content chair. She lent her expertise to MLI's science team to ensure content alignment with current industry standards, as well as created informative videos to guide learners through the process of earning CE credit through reelCE™. Known as 'Dr. Nose Best' on social media with a combined following of over 700,000 across channels – including HCPs and patients – Dr. Farmer shares expert insights on severe asthma care, covering airway management and conditions like rhinitis that exacerbate asthma. Her leadership of this project empowers HCPs with practical strategies, thereby enhancing patient outcomes through guideline-driven care and innovative therapies. 'Reinventing how CE content is created and consumed gives us an opportunity to maximize our impact with providers and, ultimately, improve patient outcomes,' said Dr. Farmer. 'Our focus with this series is ensuring healthcare professionals know how to properly identify and manage severe asthma, an often misunderstood or misdiagnosed condition.' This course was designed for a team-based care approach, including physicians, nurse practitioners, physician associates and other healthcare professionals specializing in asthma. This educational activity is supported by an independent medical education grant from GSK. To learn more about reelCE™, visit About Medical Learning Institute (MLI)MLI is a nonprofit organization that delivers accredited, evidence-based continuing education designed to improve clinical practice and patient outcomes. Working across therapeutic areas, MLI partners with leading medical experts and behavior change specialists to develop engaging learning experiences for a broad range of healthcare professionals. Through innovative formats and educational design, MLI helps clinicians stay current, close practice gaps, and ultimately elevate the standard of care. For more information, visit CONTACT: MEDIA CONTACT Stephanie Kartelias for MLI 732-425-4588 skartelias@ SALES & MARKETING CONTACT Ted Seiler for MLI 601-937-0447 tseiler@

Medical Learning Institute Inc Launches reelCE™, a Social-First Approach to Earning Continuing Education Credit
Medical Learning Institute Inc Launches reelCE™, a Social-First Approach to Earning Continuing Education Credit

Yahoo

time19-05-2025

  • Health
  • Yahoo

Medical Learning Institute Inc Launches reelCE™, a Social-First Approach to Earning Continuing Education Credit

Non-Profit Breaks the CE Mold by Tapping Industry Influencers to Create Short-Form, Evidence-Based Video Content for Busy, Always-Connected Healthcare Providers SAN FRANCISCO, May 19, 2025 (GLOBE NEWSWIRE) -- Medical Learning Institute Inc (MLI), a non-profit jointly accredited continuing education (CE) provider, today announced the launch of reelCE™, enabling busy healthcare providers to earn CE credits by watching short-form videos created by well-respected clinician-educators on social media. MLI's reelCE™ series, 'Unlocking the Secrets of Severe Asthma: From Pathways to Precision,' was unveiled today at the American Thoracic Society's 2025 International Conference. The series comprises 15 one-minute videos focused on skills and strategies for key topics in severe asthma, including the pathophysiology of severe asthma, current treatment modalities, management of exacerbations, emerging therapies, and translating recent scientific evidence into practice. reelCE™ is the next step in MLI's social media initiative, which started with TikToktivity™, a series focused on 'Game-Changing Therapies For Treating Anemia in Patients Living with LR-MDS.' Launched in 2024, this initial program captured more than 1.4 million views with three-minute TikTok-style micro-courses. 'We found an innovative way to meet today's HCPs where they're spending their downtime – on social media. In a world of constant distractions and limited time, reelCE™ offers one-minute videos right in their feeds,' says Kristin Gusack, RD, CHCP, MLI's executive director. 'These bite-sized moments are designed to spark curiosity and reveal practice gaps, prompting learners to explore further. From there, HCPs are directed to our learning management system (LMS) for deeper engagement with accredited content and evidence-based strategies to improve patient care. With reelCE™, they can pursue education that's both efficient and intentional.' Starting today, the course content is available on MLI's website and will be posted across TikTok, X, Instagram, LinkedIn and YouTube, among others, over the course of three weeks, with all 15 micro-courses available on social media by Friday, June 6. The course content will be shared not only on MLI's social channels, but also by the faculty with their own followers. Providers can unlock CE credit by diving into the content, exploring downloadable practice aids, and by answering a few quick questions in MLI's LMS. 'This educational design encourages self-reflection by presenting ungated, accredited CE content directly to HCPs on their favorite social media channels. We also found it's a way to engage learners of all ages, not just younger HCPs who are digital natives; for example, a quarter of the views on TikToktivity™ came from people aged 55 and older, a percentage comparable to that of viewers aged 25 to 34,' Gusack added. MLI tapped board-certified content creators as their faculty to produce the series: ENT Surgeon Dr. Karina Cañadas (@teachmedoc) Allergist & Immunologist Dr. Payel Gupta (@nycdoctor) Allergist & Immunologist Dr. Farah Khan (@ Asthma, Allergy & Immunology Specialist Dr. M. Waseem Imam (@foodandallergy) Allergist & Physician Dr. Juanita Mora (@ Dr. Tonia Farmer (@drnosebest), a distinguished otolaryngologist with 28 years of experience, serves as the campaign's content chair. She lent her expertise to MLI's science team to ensure content alignment with current industry standards, as well as created informative videos to guide learners through the process of earning CE credit through reelCE™. Known as 'Dr. Nose Best' on social media with a combined following of over 700,000 across channels – including HCPs and patients – Dr. Farmer shares expert insights on severe asthma care, covering airway management and conditions like rhinitis that exacerbate asthma. Her leadership of this project empowers HCPs with practical strategies, thereby enhancing patient outcomes through guideline-driven care and innovative therapies. 'Reinventing how CE content is created and consumed gives us an opportunity to maximize our impact with providers and, ultimately, improve patient outcomes,' said Dr. Farmer. 'Our focus with this series is ensuring healthcare professionals know how to properly identify and manage severe asthma, an often misunderstood or misdiagnosed condition.' This course was designed for a team-based care approach, including physicians, nurse practitioners, physician associates and other healthcare professionals specializing in asthma. This educational activity is supported by an independent medical education grant from GSK. To learn more about reelCE™, visit About Medical Learning Institute (MLI)MLI is a nonprofit organization that delivers accredited, evidence-based continuing education designed to improve clinical practice and patient outcomes. Working across therapeutic areas, MLI partners with leading medical experts and behavior change specialists to develop engaging learning experiences for a broad range of healthcare professionals. Through innovative formats and educational design, MLI helps clinicians stay current, close practice gaps, and ultimately elevate the standard of care. For more information, visit CONTACT: MEDIA CONTACT Stephanie Kartelias for MLI 732-425-4588 skartelias@ SALES & MARKETING CONTACT Ted Seiler for MLI 601-937-0447 tseiler@ 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

Hazelview Investments Secures One of the Largest CMHC Loans to Deliver 856 Purpose-Built Rental Homes in Toronto's West End
Hazelview Investments Secures One of the Largest CMHC Loans to Deliver 856 Purpose-Built Rental Homes in Toronto's West End

Cision Canada

time08-05-2025

  • Business
  • Cision Canada

Hazelview Investments Secures One of the Largest CMHC Loans to Deliver 856 Purpose-Built Rental Homes in Toronto's West End

TORONTO, May 8, 2025 /CNW/ - Hazelview Investments has secured one of the largest CMHC-insured loans ever issued under the MLI Select program. The funding will advance the development of 856 new purpose-built rental homes in one of Toronto's most ambitious and community-oriented master-planned sites, located at the intersection of Bloor St. West and Dufferin Ave. Financing for this construction loan was provided by First National Financial LP. This financing reflects Hazelview's disciplined approach to capital structuring. By aligning our development strategy with housing priorities at every level, we are able to access high-quality financing solutions that enhance project performance and reduce long-term risk. This CMHC-insured loan is a clear example of how thoughtful engagement with government programs can unlock value for both investors and communities. "Securing this financing reflects our belief that doing the right thing for communities also delivers long-term value for investors," said Michael Williams, Head of Development at Hazelview Investments. "The scale and structure of this loan allow us to move forward confidently with a project that meets high standards for livability, sustainability, and financial performance." Exceeding MLI Select Requirements Hazelview's application to CMHC qualified under both the energy efficiency and accessibility categories of the MLI Select program. The development surpassed baseline requirements, resulting in a total of 120 points, above the program's maximum benefits threshold. Energy Efficiency The project earned the full 100-point energy efficiency incentive by achieving ~40 percent improvement over the National Energy Code for Buildings (2017), driving meaningful reductions in both energy consumption and greenhouse gas emissions, while also providing enhanced indoor comfort, better air quality, and reduced utility costs for future residents. Accessibility Hazelview achieved an additional 20 points through Rick Hansen Foundation Level 1 certification. The building complies with CSA B651:23, meaning all homes are 100 percent visitable and all common areas are barrier-free. A share of units will meet full accessibility standards under the Rick Hansen framework. These features offer meaningful benefits to residents, including those with permanent or temporary disabilities, older adults, and families with young children. The design enables safe, independent movement throughout the building and supports more inclusive urban living. Designed as a Complete Community The overall project is part of a broader vision to deliver long-term community value. A historic $79.8 million community benefits package is included as part of the development of this site, including a $12.5 million cash contribution to establish land trusts that will acquire affordable housing. The community benefits package includes: a new City-owned community hub and daycare on the first two floors of the former Kent School building an 8-storey building with 56 purpose-built units to be conveyed to the City, exclusively for public affordable rental housing a new bus-accessible public road that prioritizes the safe and convenient transportation for students and visitors alike a new public park an underground pedestrian connection to the Dufferin TTC subway station Each of these elements was designed with the surrounding neighbourhood in mind. By integrating housing, amenities, and infrastructure into one connected plan, Hazelview is contributing to the long-term social and economic health of the area. "Bloor Street is one of those centrepieces of Toronto. It's a historic street that defines the east-west spine of the city. Hazelview's vision for this landmark corner of Bloor St. W and Dufferin Ave., helps raise the standard for apartment living in our city, one that we have yet to see at this quality and scale. They are helping create a true vertical neighbourhood, that is accessible, sustainable, and family-oriented. It's the kind of multi-unit housing Toronto needs very badly, and we are thrilled that we were able to help support that vision," says Barry Gidney, AVP, Commercial, First National Financial LP. Hazelview's integrated investment and development platform allows us to execute large-scale projects with alignment from concept through operations. With over two decades of experience and a deep understanding of local markets, we continue to invest with discipline, insight, and an ownership mindset. For more information, visit: Bloor & Dufferin – Hazelview. About Hazelview: Hazelview is a global real estate investment, development, and property management firm. Since 1999, Hazelview has delivered strong, risk-adjusted returns across all market cycles by taking an ownership-driven approach and leveraging deep local and global market insights. The firm invests in both private and public real estate markets through its strategically integrated platform. With a focus on purpose-built rental communities, Hazelview develops and manages high-quality residential properties that prioritize resident wellbeing and fosters community connection. To learn more, visit and

At US$70.95, Is It Time To Put Mueller Industries, Inc. (NYSE:MLI) On Your Watch List?
At US$70.95, Is It Time To Put Mueller Industries, Inc. (NYSE:MLI) On Your Watch List?

Yahoo

time21-04-2025

  • Business
  • Yahoo

At US$70.95, Is It Time To Put Mueller Industries, Inc. (NYSE:MLI) On Your Watch List?

Mueller Industries, Inc. (NYSE:MLI), is not the largest company out there, but it received a lot of attention from a substantial price movement on the NYSE over the last few months, increasing to US$82.67 at one point, and dropping to the lows of US$68.50. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Mueller Industries' current trading price of US$70.95 reflective of the actual value of the mid-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at Mueller Industries's outlook and value based on the most recent financial data to see if there are any catalysts for a price change. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Great news for investors – Mueller Industries is still trading at a fairly cheap price. According to our valuation, the intrinsic value for the stock is $108.61, but it is currently trading at US$70.95 on the share market, meaning that there is still an opportunity to buy now. What's more interesting is that, Mueller Industries's share price is theoretically quite stable, which could mean two things: firstly, it may take the share price a while to move to its intrinsic value, and secondly, there may be less chances to buy low in the future once it reaches that value. This is because the stock is less volatile than the wider market given its low beta. See our latest analysis for Mueller Industries Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. With revenues expected to grow by a double-digit 20% over the next couple of years, the outlook is positive for Mueller Industries. If the level of expenses is able to be maintained, it looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation. Are you a shareholder? Since MLI is currently undervalued, it may be a great time to accumulate more of your holdings in the stock. With a positive outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as financial health to consider, which could explain the current undervaluation. Are you a potential investor? If you've been keeping an eye on MLI for a while, now might be the time to make a leap. Its prosperous future outlook isn't fully reflected in the current share price yet, which means it's not too late to buy MLI. But before you make any investment decisions, consider other factors such as the strength of its balance sheet, in order to make a well-informed buy. Keep in mind, when it comes to analysing a stock it's worth noting the risks involved. While conducting our analysis, we found that Mueller Industries has 1 warning sign and it would be unwise to ignore it. If you are no longer interested in Mueller Industries, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio

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