Author: Mark Lowey

Survey: Canadian universities are increasingly cutting fossil fuels from their investment portfolios

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A growing number of Canadian universities, including some of the country’s largest, are significantly reducing the industrial carbon in their investment portfolios, a R$ survey shows. Less than a handful of universities are divesting specifically from fossil fuel holdings, but many schools also are using a “responsible investing” approach which considers environmental, social and governance factors.

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Canada Pension Plan must divest from fossil fuels, new report argues

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The Canada Pension Plan Investment Board, which manages the CPP’s $420-billion portfolio, should immediately divest from all fossil fuel holdings in response to the climate emergency and to reduce financial risk for current and future CPP recipients, says the lead author of a Canadian Centre for Policy Alternatives report.

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The Short Report, March 4, 2019: Kirsty Duncan moves for a standing committee on science and research; Alberta cuts post-secondary education funding; Canadian miners make an action plan

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The Short Report: New Parliamentary standing committee proposed for science and research; new Protein Industries Supercluster projects; Alberta cuts post-secondary education funding while Ontario increases it; boosting competitiveness of Canada’s mining sector; creating research internships for students; Canadian science for the Moon; developing small nuclear reactor technology; and more.

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Eddyfi in Quebec expands global reach with back-to-back acquisitions

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Eddyfi has acquired two overseas companies that expand the Quebec City-based tech firm’s capability and reach in the fest-growing global market for non-destructive technologies and services. More than $600 million in private equity and debt financing was raised to complete the acquisitions and pursue other strategic opportunities.

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