Lakers send D'Angelo Russell to Nets in trade for Dorian Finney-Smith, Shake MiltonREGINA, SK , Dec. 5, 2024 /CNW/ - In the 21st century, a reliable and affordable clean electricity grid is the backbone of a strong economy. Today, more than 80% of Canada's electricity is generated from clean sources like hydropower, wind, solar, and nuclear—and it's a big part of the reason why companies are choosing to invest in Canadian workers and business. In Saskatchewan, companies like Jansen , which mines potash, are cleaning their operations and meeting global potash demand. By taking action to expand clean power, new economic opportunities are being unlocked while workers and families can get ahead with lower energy bills. As we build more power to meet our growing energy needs, lower power rates are front and centre. Today, the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, announced a suite of over $265 million job-creating investments into SaskPower and Saskatchewan clean electricity projects to address our shared priorities and build a clean future. Investing to build more renewable power The Government of Canada's Smart Renewables and Electrification Pathways Program (SREPs) is delivering over $12 million in job-creating federal investments for local and Indigenous-led renewable power projects, including: Over $2.7 million for the 1.4-megawatt Cosette Solar Project in Estevan , owned in part by White Bear First Nations Nearly $2.7 million for the one-megawatt NM Solar Project in Lomond No. 37, owned in part by White Bear First Nations $2 million for the 100-megawatt Prairie Coast Solar Project in Lajord Over $1.8 million for the one-megawatt Kiyam Solar Project near Gladmar , partly owned by Mistawasis Nêhiyawak First Nation Over $1.8 million for the one-megawatt Iskotew Solar Project near Alsask , partly owned by Mistawasis Nêhiyawak First Nation. Over $1.3 million for the 500-kilowatt (AC) La Plonge Solar Project with English River First Nation Once fully completed, these solar projects would provide electricity equivalent to powering nearly 20,000 homes every year—more than Saskatchewan's third-largest city, Prince Albert . To date, this federal fund has delivered over $90 million in support for job-creating clean power projects across Saskatchewan , primarily with Indigenous partners. These projects will enable local economic growth and deliver clean, affordable energy to communities while advancing economic reconciliation, and we will continue to work with the people of Saskatchewan to ensure future power demand is met with clean, affordable, and reliable energy. Modernizing and upgrading Saskatchewan's grid The Government of Canada's Future Electricity Fund is transferring over $256.7 million to SaskPower for a range of job-creating, clean power projects, which will grow and modernize the provincial energy grid while getting costs down for ratepayers and driving reliability. Through the fund, Indigenous clean energy projects will receive $42 million . This includes: Nearly $70 million for over 6,000 km of critical rural power line reliability upgrades, including replacement of aging installations and system upgrades. Over $55 million for a 60 megawatt/60-megawatt hours battery storage system and associated technologies to help manage peak demand and integrate renewables. Nearly $80 million for a new substation and two 240-kilowatt transmission lines connecting the province to the Southwest Power Pool in the United States , facilitating 500 megawatts of additional transmission service. Over $9 million to support consumer and household energy efficiency programs, including SaskPower's new Energy Efficiency Discount Program that helps pay for ENERGY STAR appliances, home insulation, and other cost-saving measures for families. Over $20 million to help retrofit Northern First Nations' homes and help new buildings achieve higher cost-saving energy efficiency performance standards. Over $5 million to develop power generation in remote and northern communities, while replacing aging distribution infrastructure. Nearly $14 million to add 400 megawatts of wind power and 300 megawatts of solar generation in south-central Saskatchewan by 2027. So far, a portion of this funding has been allocated to support the implementation of a 200-megawatt wind facility project partnership between Innagreen Investments and Awasis Nehiyawewini Energy Development Limited and a 100-megawatt solar project partnership between Iyuhána Solar LP and Ocean Man First Nation. And additional investments to train more Indigenous power line technicians alongside the Saskatchewan Indian Institute of Technologies. As demand for electricity grows, the opportunity to power our communities and the world with clean, affordable, and reliable power is a win-win-win—for workers, for affordability, and for the environment. The Government of Canada's plan is working to drive greenhouse gas pollution down while the economy grows and inflation cools. Together, with provinces and territories, Indigenous peoples, municipalities, industry, and workers, the Government of Canada is seizing the opportunity ahead to build a strong economy with good-paying sustainable jobs, low energy bills, and to ensure a healthy environment for our children and grandchildren. Quotes " Canada works best when Canadians work together. As someone with deep roots in Saskatchewan , I know that these investments in Saskatchewan's electricity grid will create jobs and ensure the province remains a destination of choice for investors looking to expand their operations. From Indigenous solar projects to small modular reactor permitting and transmission upgrades the federal government will be a partner and staunch supporter to ensure that we build up and power a strong and reliable 21st century economy, without making compromises on affordability." – The Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources "We are Powering Canada Forward by unlocking opportunities in every province and territory, leveraging their unique strengths to rapidly grow and responsibly decarbonize their grids. Thanks to a suite of historic investments, industrial pricing returns, permitting reform, demand-side measures, and other federal actions, we are already seeing great progress to support Saskatchewan's growing demand for electricity. The Government of Canada is proud to partner with other governments, utilities, workers, and local and Indigenous communities to help unlock economic opportunities that cut power bills, create good jobs, and build a strong and sustainable economy." – The Honourable Steven Guilbeault, Minister of Environment and Climate Change "White Bear First Nations is excited to announce a new solar energy project that aims to harness the power of the sun. This initiative represents a step toward our commitment to sustainability and the well-being of our people. This project reflects our values of respecting the land and ensuring a sustainable future for generations to come. We believe that investing in renewable energy is vital for both our community's health and the health of our planet. The project has been made possible through a partnership with Compass Energy and funding support from government grants. We look forward to participating in developing additional solar and other renewable projects in the Nations traditional territory." – Chief Jonathan Pasap , White Bear First Nations "The revenue received from this program was instrumental to make the project a reality. In order to have a positive impact on the development corporation of Misty Ventures, it is these two projects that give us the opportunity to benefit for 20 years in partnership with SaskPower and the Power Purchase Agreement. We are very grateful for the support from the Smart Renewables and Electrification Pathways Program and Natural Resources Canada!" – Robert Daniels , President and Chief Executive Officer, Misty Ventures Inc., the Economic Development branch of Mistawasis Nêhiyawak First Nation Quick facts In addition to these measures, Minister Wilkinson announced the furthering of the Government of Canada's permitting of small modular reactors (SMRs) in Saskatchewan first announced earlier this year, and underlined the good progress achieved to date by Canada and Saskatchewan in renewing the equivalency agreement on phasing out coal-fired electricity in the province. Saskatchewan has some of the highest wind, solar, and geothermal potential in Canada , in addition to having the conditions for an end-to-end nuclear fuel supply chain. The Government of Canada is working to help provincial partners unlock barriers to achieving their own energy plans while Powering Canada's Future. The Government of Canada has delivered a historic suite of over $75 million in previously announced investments in Indigenous-led clean power projects in Saskatchewan , including with the Ochapowace Nation, Lac La Ronge Indian Band, Star Blanket Cree Nation, Cowessess First Nation , the nine First Nations of the Meadow Lake Tribal Council, and the First Nations Power Authority of Saskatchewan . Independent experts from Clean Energy Canada forecast that there will be over 130,000 clean energy jobs added in Saskatchewan between 2025 and 2050. Findings from the Canadian Climate Institute demonstrate that a model of the federal Clean Electricity Regulations for a clean, reliable, and affordable grid is achievable in Saskatchewan , and in fact, provides a lower-cost pathway than SaskPower's 2050 net-zero plans when accounting for signaled federal investment. These findings by Dr. Brett Dolter were reviewed by Tim Eckel and John Wright , Former President and Chief Executive Officer of SaskPower. Powering Canada's Future combines historic investments and balanced, fair regulations to ensure new electricity production in Canada is built with the affordable, reliable, clean, and renewable energy sources that Canadians expect. Across Canada , electricity operators are taking advantage of the more than $60 billion over the next decade in federal support to help build 21st century electricity grids. All G7 countries have committed to build a net-zero grid as a foundational measure for enabling achievement of net zero economies by 2050. Electrification is helping to save families money on their energy bills, such as by driving hybrid trucks or installing all-season heat-pumps that have lower operating costs. These cost-saving technologies are supported by purchase incentives and rebates programs from the Government of Canada , helping to put hundreds of dollars more in the pockets of Canadian families every month. Besides significant cost savings, several studies have found that clean electricity can enable lower and more stable electricity bills, since the shift away from fossil fuel electricity also protects ratepayers from volatile electricity prices caused by global price shocks associated with coal and natural gas-powered electricity. For example, Manitoba , Quebec , British Columbia , and Ontario largely operate cleaner electricity grids that provide stable and affordable power and energy reliability during the coldest winter days. The Future Electricity Fund is comprised of proceeds collected from electricity-generating facilities covered by Canada's Output-Based Pricing System, which is the regulatory trading system for industry under Canada's carbon pollution pricing system. The federal Output-Based Pricing System is designed to ensure there is a price incentive for industrial emitters to reduce their greenhouse gas emissions and spur innovation. Related products Backgrounder: The Government of Canada Announces Over $256.7 Million in Fund for Clean Electricity Projects in Saskatchewan Associated links Federal Support for Small Modular Reactor (SMR) Development in Saskatchewan Canada Sparks Progress on Clean Electricity With Federal Funding in Saskatchewan The Road to Net-Zero Electricity in Saskatchewan – Canadian Climate Institute Canada's Interim Sustainable Jobs Plan 2030 Emissions Reductions Plan Environment and Climate Change Canada's X page Environment and Climate Change Canada's Facebook page Environment and Natural Resources in Canada's Facebook page Environment and Climate Change Canada's LinkedIn page Environment and Climate Change Canada's Instagram page SOURCE Environment and Climate Change Canada View original content: http://www.newswire.ca/en/releases/archive/December2024/05/c5442.html © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Reaves scores 20 points as Iona secures 79-73 victory over ColgateLakers send D'Angelo Russell to Nets in trade for Dorian Finney-Smith, Shake Milton

Shares of PDD Holdings Inc. ( NASDAQ:PDD – Get Free Report ) have been given an average rating of “Moderate Buy” by the thirteen ratings firms that are currently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is $173.40. A number of research firms recently issued reports on PDD. Macquarie raised PDD from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $126.00 to $224.00 in a report on Monday, October 7th. Dbs Bank lowered PDD from a “strong-buy” rating to a “hold” rating in a report on Friday, November 22nd. Benchmark decreased their price target on PDD from $185.00 to $160.00 and set a “buy” rating for the company in a report on Friday, November 22nd. Jefferies Financial Group lowered their price objective on shares of PDD from $181.00 to $171.00 and set a “buy” rating on the stock in a research report on Thursday, November 21st. Finally, JPMorgan Chase & Co. downgraded shares of PDD from an “overweight” rating to a “neutral” rating and cut their price objective for the stock from $170.00 to $105.00 in a research report on Friday, November 22nd. Get Our Latest Report on PDD Hedge Funds Weigh In On PDD PDD Trading Down 1.4 % Shares of PDD stock opened at $97.45 on Friday. The company’s fifty day moving average is $109.65 and its two-hundred day moving average is $121.76. PDD has a 1 year low of $88.01 and a 1 year high of $164.69. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.15 and a current ratio of 2.15. The company has a market capitalization of $134.08 billion, a P/E ratio of 9.52, a PEG ratio of 0.29 and a beta of 0.66. PDD Company Profile ( Get Free Report PDD Holdings Inc, a multinational commerce group, owns and operates a portfolio of businesses. It operates Pinduoduo, an e-commerce platform that offers products in various categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverage, electronic appliances, furniture and household goods, cosmetics and other personal care, sports and fitness items and auto accessories; and Temu, an online marketplace. See Also Receive News & Ratings for PDD Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PDD and related companies with MarketBeat.com's FREE daily email newsletter .

NEWARK, N.J. (AP) — Emerance Maschmeyer turned in 34 saves on 35 shots on goal and the Ottawa Charge held off the New York Sirens 3-1 on Sunday for their second win in six games. Playing their first game in 10 days, the Charge got a first-period goal from Emily Clark and Shiann Darkangelo and Kateřina Mrázová added second-period goals to build a 3-0 lead through two periods. Ottawa has scored at least three goals in all five of its meetings with New York over two seasons. Alex Carpenter earned a third-period assist to extend her scoring streak to nine straight games dating to last season. Sarah Fillier’s goal moved her into a tie for the league lead with eight points in her first eight games after being drafted No. 1 by the Sirens. Ottawa’s defense neutralized much of New York’s speed advantage and used a strong penalty kill to take a 1-0 lead after one period after Clark tipped home a wrist shot from the point by Brianne Jenner six minutes into the game. The Charge added two goals in the first seven minutes of the second period but could not capitalize on a pair of power plays late in the period. Fillier wasted little time getting New York on the board in the third period, firing a shot past Maschmeyer 23 seconds into the period, but the keeper saved the next dozen shots, including an almost three-minute finish when the Sirens pulled goalkeeper Corinne Schroeder to gain a player advantage. New York’s Jill Saulnier was activated off long-term injured reserve following an upper body injury sustained in the opening game December 1. ___ AP hockey: https://apnews.com/hub/hockey

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Reaves scores 20 points as Iona secures 79-73 victory over ColgateNoneSyrian government services come to ‘complete halt’ as workers stay at home

NoneRamping Up: White House Urges Ukraine to Expand Military Amid Ongoing ConflictThe House of Representatives voted to block the immediate release of the ethics report involving former Rep. Matt Gaetz. The vote was 206 to 198 — with all but one Republican, Rep. Tom McClintock, voting to refer the report back to the Ethics Committee. The House Ethics Committee investigated allegations of sexual misconduct involving Gaetz, along with accusations of illicit drug use and the alleged acceptance of improper gifts. Gaetz has denied any wrongdoing and the Department of Justice announced last year it would not bring charges against him. “Today, the majority of the House of Representatives took the easy way out,” said Rep. Sean Casten. “They could have ensured a vote on whether or not former Members should be held accountable when they face serious and credible allegations of sexual misconduct, including having sex with minors. Instead, the House voted to sweep these allegations under the rug and set an unfortunate precedent that, if you are ever facing scrutiny, resigning from Congress can make your problems go away. Gaetz resigned from Congress in November, days before the potential release of the report. His resignation set off a debate in Washington about whether the report should still be released since he was no longer a sitting member of Congress. RELATED STORY | Johnson against release of House Ethics Committee report involving Gaetz House Speaker Mike Johnson said the report shouldn't be released, claiming it set a bad precedent. "The rules of the House have always been that a former member is beyond the jurisdiction of the Ethics Committee," he said in November. However, there was mounting pressure to release the report from Democrats and some Republicans as Gaetz was the nominee to be the next attorney general. The former congressman ultimately decided to withdraw his name from consideration, saying the nomination had become a distraction. RELATED STORY | Matt Gaetz says he's removing his name for consideration for attorney general

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Syria’s prime minister said that most cabinet ministers were back at work on Monday after rebels overthrew President Bashar Assad. However, some state workers failed to return to their jobs and a United Nations official said the country’s public sector had come “to a complete and abrupt halt”. Meanwhile, streams of refugees crossed back into Syria from neighbouring countries, hoping for a more peaceful future and looking for relatives who disappeared during Mr Assad’s brutal rule. There were already signs of the difficulties ahead for the rebel alliance now in control of much of the country. The alliance is led by a former senior al-Qaida militant, who severed ties with the extremist group years ago and has promised representative government and religious tolerance. The rebel command said they would not tell women how to dress. “It is strictly forbidden to interfere with women’s dress or impose any request related to their clothing or appearance, including requests for modesty,” the command said in a statement on social media. Nearly two days after rebels entered the capital, some key government services had shut down after state workers ignored calls to go back to their jobs, the UN official said, causing issues at airports and borders and slowing the flow of humanitarian aid. Rebel leader Ahmad al-Sharaa, who was known by his nom de guerre Abu Mohammed al-Golani, also met with Prime Minister Mohammad Ghazi Jalali for the first time. Mr Jalali stayed in Syria when Mr Assad fled and has sought to project normalcy since. “We are working so that the transitional period is quick and smooth,” he told Sky News Arabia TV on Monday, saying the security situation had already improved from the day before. At the court of Justice in Damascus, which was stormed by the rebels to free detainees, Judge Khitam Haddad, an aide to the justice minister in the outgoing government, said that judges were ready to resume work quickly. “We want to give everyone their rights,” Mr Haddad said outside the courthouse. “We want to build a new Syria and to keep the work, but with new methods.” But a UN official said some government services had been paralysed as worried state employees stayed at home. The public sector “has just come to a complete and abrupt halt,” said Adam Abdelmoula, UN resident and humanitarian co-ordinator for Syria, noting, for example, that an aid flight carrying urgently needed medical supplies had been put on hold after aviation employees abandoned their jobs. “This is a country that has had one government for 53 years and then suddenly all of those who have been demonised by the public media are now in charge in the nation’s capital,” Mr Abdelmoula told The Associated Press. “I think it will take a couple of days and a lot of assurance on the part of the armed groups for these people to return to work again.” In a video shared on a rebel messaging channel, Mr al-Sharaa said: “You will see there are skills” among the rebels. The Kremlin said Russia has granted political asylum to Mr Assad, a decision made by President Vladimir Putin. Kremlin spokesperson Dmitry Peskov declined to comment on Mr Assad’s specific whereabouts and said Mr Putin did not plan to meet with him. Damascus was quiet Monday, with life slowly returning to normal, though most shops and public institutions were closed. In public squares, some people were still celebrating. Civilian traffic resumed, but there was no public transport. Long lines formed in front of bakeries and other food stores. There was little sign of any security presence though in some areas, small groups of armed men were stationed in the streets.