logo
#

Latest news with #ADN

Construction begins on seven social and affordable housing units for families and individuals in Nominingue
Construction begins on seven social and affordable housing units for families and individuals in Nominingue

Yahoo

time18-06-2025

  • Business
  • Yahoo

Construction begins on seven social and affordable housing units for families and individuals in Nominingue

NOMININGUE, QC, June 18, 2025 /CNW/ - The governments of Canada and Quebec, the Municipality of Nominingue and the Association Développement Nominingue (ADN) today marked the start of construction of Place Dumas, a seven-unit social and affordable housing project for families and individuals in Nominingue. This project represents an investment of over $2.8 million. The event was attended by Chantale Jeannotte, Member of the National Assembly for Labelle and Parliamentary Assistant to the Quebec Minister Responsible for Housing, on behalf of France-Élaine Duranceau, Quebec Minister Responsible for Housing; by Francine Létourneau, Mayor of Nominingue; and by Gaétan Courchesne, President of ADN. The Société d'habitation du Québec (SHQ) is providing nearly $1.5 million for this project through the Programme d'habitation abordable Québec (PHAQ). This funding comes from the federal government's $992M contribution to Québec under the Canada-Québec Agreement on the Housing Accelerator Fund, as well as from the $992M investments announced by Québec in its fall 2023 and fall 2024 economic updates. The Municipality of Nominingue is also providing the organization with $45,000, in addition to granting a 35-year tax credit. Quotes: "Thanks to the Canada-Quebec Agreement under the Housing Accelerator Fund, our government is tackling the housing crisis across the country. Place Dumas is a perfect example of how all levels of government can work together to build more affordable homes and stronger communities." The Honourable Gregor Robertson, Minister of Housing and Infrastructure "Our government is sparing no effort to ensure that more Quebecers are able to enjoy a quality living environment. Our financial contribution to this project will enable seven households to stay in their community. This project demonstrates once again that our investments in the creation of affordable housing reach all regions of Quebec and benefit all people." France-Élaine Duranceau, Quebec Minister Responsible for Housing "I'm proud to see this major project get under way in Nominingue. This investment by our government, through the Société d'habitation du Québec, shows our firm commitment to meeting the needs of diverse clienteles in all regions of Quebec. I congratulate ADN for taking the initiative on this project, as well as the many partners and collaborators involved." Chantale Jeannotte, Member of the National Assembly for Labelle and Parliamentary Assistant to the Quebec Minister Responsible for Housing "The Municipality of Nominingue is thrilled to have partnered with ADN for this inspiring project, which will bring new life to our community. I applaud the exceptional work of the ADN volunteers who made this project possible." Francine Létourneau, Mayor of Nominingue "With its affordable housing and daycare centre on the way, Place Dumas is a key asset for attracting young families and workers essential to Nominingue's economic vitality. This project contributes directly to the sustainability of businesses and services in our village core." Gaétan Courchesne, President, Association Développement Nominingue Highlights: Three eligible households could benefit from the Société d'habitation du Québec's (SHQ) Rent Supplement Program, ensuring that they will not spend more than 25% of their income on rent. This additional assistance is covered by the SHQ (90%) and the Municipality of Nominingue (10%). About Canada Mortgage and Housing Corporation Visit for the most-requested Government of Canada housing information. CMHC plays a critical role as a national facilitator to promote stability and sustainability in Canada's housing finance system. Its mortgage insurance products support access to home ownership and the creation and maintenance of rental supply. CMHC actively supports the Government of Canada in delivering on its commitment to make housing more affordable. CMHC research and data help inform housing policy. By facilitating cooperation between all levels of government, private and non-profit sectors, it contributes to advancing housing affordability, equity, and climate compatibility. Follow us on X (formerly Twitter), YouTube, LinkedIn, Facebook and Instagram. About the Société d'habitation du Québec As a leader in housing, the SHQ's mission is to meet the housing needs of Quebecers through its expertise and services to citizens. It does this by providing affordable and low-rental housing and offering a range of assistance programs to support the construction, renovation and adaptation of homes, and access to homeownership. To find out more about its activities, visit SocietehabitationQuebecHabitationSHQLinkedIn SOURCE Canada Mortgage and Housing Corporation (CMHC) View original content to download multimedia: 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

Construction begins on seven social and affordable housing units for families and individuals in Nominingue Français
Construction begins on seven social and affordable housing units for families and individuals in Nominingue Français

Cision Canada

time18-06-2025

  • Business
  • Cision Canada

Construction begins on seven social and affordable housing units for families and individuals in Nominingue Français

NOMININGUE, QC, June 18, 2025 /CNW/ - The governments of Canada and Quebec, the Municipality of Nominingue and the Association Développement Nominingue (ADN) today marked the start of construction of Place Dumas, a seven-unit social and affordable housing project for families and individuals in Nominingue. This project represents an investment of over $2.8 million. The event was attended by Chantale Jeannotte, Member of the National Assembly for Labelle and Parliamentary Assistant to the Quebec Minister Responsible for Housing, on behalf of France-Élaine Duranceau, Quebec Minister Responsible for Housing; by Francine Létourneau, Mayor of Nominingue; and by Gaétan Courchesne, President of ADN. The Société d'habitation du Québec (SHQ) is providing nearly $1.5 million for this project through the Programme d'habitation abordable Québec (PHAQ). This funding comes from the federal government's $992M contribution to Québec under the Canada-Québec Agreement on the Housing Accelerator Fund, as well as from the $992M investments announced by Québec in its fall 2023 and fall 2024 economic updates. The Municipality of Nominingue is also providing the organization with $45,000, in addition to granting a 35-year tax credit. Quotes: "Thanks to the Canada-Quebec Agreement under the Housing Accelerator Fund, our government is tackling the housing crisis across the country. Place Dumas is a perfect example of how all levels of government can work together to build more affordable homes and stronger communities." The Honourable Gregor Robertson, Minister of Housing and Infrastructure "Our government is sparing no effort to ensure that more Quebecers are able to enjoy a quality living environment. Our financial contribution to this project will enable seven households to stay in their community. This project demonstrates once again that our investments in the creation of affordable housing reach all regions of Quebec and benefit all people." France-Élaine Duranceau, Quebec Minister Responsible for Housing "I'm proud to see this major project get under way in Nominingue. This investment by our government, through the Société d'habitation du Québec, shows our firm commitment to meeting the needs of diverse clienteles in all regions of Quebec. I congratulate ADN for taking the initiative on this project, as well as the many partners and collaborators involved." Chantale Jeannotte, Member of the National Assembly for Labelle and Parliamentary Assistant to the Quebec Minister Responsible for Housing "The Municipality of Nominingue is thrilled to have partnered with ADN for this inspiring project, which will bring new life to our community. I applaud the exceptional work of the ADN volunteers who made this project possible." Francine Létourneau, Mayor of Nominingue "With its affordable housing and daycare centre on the way, Place Dumas is a key asset for attracting young families and workers essential to Nominingue's economic vitality. This project contributes directly to the sustainability of businesses and services in our village core." Gaétan Courchesne, President, Association Développement Nominingue Highlights: Three eligible households could benefit from the Société d'habitation du Québec's (SHQ) Rent Supplement Program, ensuring that they will not spend more than 25% of their income on rent. This additional assistance is covered by the SHQ (90%) and the Municipality of Nominingue (10%). About Canada Mortgage and Housing Corporation Visit for the most-requested Government of Canada housing information. CMHC plays a critical role as a national facilitator to promote stability and sustainability in Canada's housing finance system. Its mortgage insurance products support access to home ownership and the creation and maintenance of rental supply. CMHC actively supports the Government of Canada in delivering on its commitment to make housing more affordable. CMHC research and data help inform housing policy. By facilitating cooperation between all levels of government, private and non-profit sectors, it contributes to advancing housing affordability, equity, and climate compatibility. Follow us on X (formerly Twitter), YouTube, LinkedIn, Facebook and Instagram. About the Société d'habitation du Québec As a leader in housing, the SHQ's mission is to meet the housing needs of Quebecers through its expertise and services to citizens. It does this by providing affordable and low-rental housing and offering a range of assistance programs to support the construction, renovation and adaptation of homes, and access to homeownership. To find out more about its activities, visit

Tencent Video Strikes European Deal for ‘Blades of the Guardian' With ADN (EXCLUSIVE)
Tencent Video Strikes European Deal for ‘Blades of the Guardian' With ADN (EXCLUSIVE)

Yahoo

time10-06-2025

  • Entertainment
  • Yahoo

Tencent Video Strikes European Deal for ‘Blades of the Guardian' With ADN (EXCLUSIVE)

Chinese streaming giant Tencent has inked a deal with France-based Animation Digital Network (ADN) for its martial arts epic 'Blades of the Guardians,' Variety has learned. The agreement gives ADN rights to the animated series across its subscription VOD and OTT platforms, bolstering its slate of premium global content. The acquisition aligns with Tencent Video's broader global push to position animation as a growth engine for the platform. The streamer is actively courting international partners as part of its long-term strategy to bring high-end Chinese animation to wider audiences. More from Variety Annecy Player 'The Mourning Children' Seeks to Give Life to Recorded History Post 'Flow,' the Baltics Bring a Magnificent Seven of New Animation Titles to Annecy Crunchyroll Secures Key International Theatrical Rights to 'Jujutsu Kaisen: Hidden Inventory / Premature Death - The Movie' (EXCLUSIVE) Three years in the making, the series combines stylized action with cinematic storytelling, drawing inspiration from the Sui and Tang dynasties. Produced by Tencent Penguin Pictures alongside Coloured Pencil Animation, 'Blades of the Guardians' aims to marry historic detail with modern flair. 'Blades of the Guardian' is adapted from the hit Chinese comic and follows mercenary Dao Ma as he traverses the perilous deserts of the Western Regions. Tasked with a seemingly simple escort mission to Chang'an, Dao Ma quickly becomes entangled in imperial conspiracies, unleashing a chain of bloodshed, betrayal and destiny. Tencent Video remains a dominant player in China's streaming market, offering a deep library of dramas, features, variety shows, sports, documentaries and animation. With a growing portfolio of original animated content, the company is ramping up co-productions with top-tier studios around the world to develop projects with global appeal, at the same time that Chinese features are starting to gain popularity with global audiences at the box office. The 'Blades of the Guardians' deal was announced during the Annecy International Animation Film Festival, where Tencent continues to showcase its commitment to expanding the reach of Chinese animation on the world stage. Best of Variety 'Harry Potter' TV Show Cast Guide: Who's Who in Hogwarts? 25 Hollywood Legends Who Deserve an Honorary Oscar New Movies Out Now in Theaters: What to See This Week

Tommy Tuberville announces plans to run for Alabama governor
Tommy Tuberville announces plans to run for Alabama governor

Yahoo

time27-05-2025

  • Business
  • Yahoo

Tommy Tuberville announces plans to run for Alabama governor

U.S. Sen. Tommy Tuberville formally entered the 2026 campaign for governor of Alabama on May 27, launching a campaign website shortly before announcing his candidacy on Fox News. 'I will be the future governor of the great state of Alabama,' Tuberville said from Byron's Smokehouse in Auburn. 'I've still got 18 months to go with President Trump to make America great again. We've got a lot of work to do.' The campaign website says Tuberville is running on 'fighting back against woke ideology,' growing Alabama jobs, improving education and securing the border, among other platforms. 'We're going to make education better again, and we're going to do everything possible to make sure our kids, when they graduate in this great state, the yellow hammer state, that they stay in this state and work,' he said. Tuberville, a first-term U.S. senator who owns a beach home in Walton County, Florida, has faced questions throughout the years about his residency in Alabama. The governor of the Alabama Daily News reported in April that his Auburn home has had a homestead exemption since 2018. Until recently, the property was under his wife and son's name, according to ADN. 'My wife and I, Suzanne, moved here over 25 years ago. As you know, I coached, and it was a great time. We made some great friends,' he said. 'So a few years ago, I decided to give back to this great country.' Tuberville announced his campaign after weeks of dodging the question from multiple outlets. He changed his social media to 'Coach for Governor' prior to the appearance on Fox News. More: Thousands fill Coleman Coliseum as President Trump delivers speech for commencement The first-term senator and former Auburn University football coach was endorsed by President Donald Trump in his 2020 campaign for U.S. senator. Tuberville defeated incumbent U.S. Sen. Doug Jones, a Democrat, after a general election campaign where he limited most interviews and appearances to friendly conservative media outlets. His campaign for governor leaves that seat open for the 2026 midterm elections. Tuberville is the first declared Republican candidate in the contest. Current Lt. Gov. Will Ainsworth was expected to run after Gov. Kay Ivey's term ends, but he announced May 21 that he would not campaign for the state's highest office to spend time with his family. Agriculture and Industries Commissioner Rick Pate told that he abandoned thoughts of running for governor after the rumors of Tuberville's candidacy began. Gov. Kay Ivey, who has served in the office since 2017, is term-limited. A message seeking comment from Ivey was sent May 27. The primary is set for May 19, 2026, and the general election is set for Nov. 3, 2026. This article originally appeared on The Tuscaloosa News: U.S. Sen. Tommy Tuberville to run for Alabama governor in 2026

Is Acadian Timber Corp.'s (TSE:ADN) Recent Stock Performance Influenced By Its Financials In Any Way?
Is Acadian Timber Corp.'s (TSE:ADN) Recent Stock Performance Influenced By Its Financials In Any Way?

Yahoo

time26-05-2025

  • Business
  • Yahoo

Is Acadian Timber Corp.'s (TSE:ADN) Recent Stock Performance Influenced By Its Financials In Any Way?

Most readers would already know that Acadian Timber's (TSE:ADN) stock increased by 4.0% over the past month. Given that stock prices are usually aligned with a company's financial performance in the long-term, we decided to investigate if the company's decent financials had a hand to play in the recent price move. Particularly, we will be paying attention to Acadian Timber's ROE today. Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders. We've discovered 3 warning signs about Acadian Timber. View them for free. Return on equity can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Acadian Timber is: 5.7% = CA$19m ÷ CA$340m (Based on the trailing twelve months to March 2025). The 'return' is the income the business earned over the last year. That means that for every CA$1 worth of shareholders' equity, the company generated CA$0.06 in profit. View our latest analysis for Acadian Timber So far, we've learned that ROE is a measure of a company's profitability. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics. At first glance, Acadian Timber's ROE doesn't look very promising. We then compared the company's ROE to the broader industry and were disappointed to see that the ROE is lower than the industry average of 17%. Although, we can see that Acadian Timber saw a modest net income growth of 10% over the past five years. So, there might be other aspects that are positively influencing the company's earnings growth. For example, it is possible that the company's management has made some good strategic decisions, or that the company has a low payout ratio. Next, on comparing Acadian Timber's net income growth with the industry, we found that the company's reported growth is similar to the industry average growth rate of 8.7% over the last few years. Earnings growth is a huge factor in stock valuation. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. What is ADN worth today? The intrinsic value infographic in our free research report helps visualize whether ADN is currently mispriced by the market. The high three-year median payout ratio of 67% (or a retention ratio of 33%) for Acadian Timber suggests that the company's growth wasn't really hampered despite it returning most of its income to its shareholders. Besides, Acadian Timber has been paying dividends for at least ten years or more. This shows that the company is committed to sharing profits with its shareholders. On the whole, we do feel that Acadian Timber has some positive attributes. Namely, its high earnings growth. We do however feel that the earnings growth number could have been even higher, had the company been reinvesting more of its earnings and paid out less dividends. That being so, according to the latest industry analyst forecasts, the company's earnings are expected to shrink in the future. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company. 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. 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

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