Barcelona grabs last quarterfinal spot in Women's Champions League with 3-0 win in Stockholm
NoneStock market today: Wall Street’s rally stalls as Nasdaq pulls back from its record
AP Sports SummaryBrief at 5:38 p.m. ESTTechpump signs with Gataca as Pornhub plays word games with OfcomBroncos, left tackle Garett Bolles agree on 4-year extension to protect rookie quarterback Bo Nix
Stock market today: Tech stocks and AI pull Wall Street to more records
Apple Inc. stock rises Wednesday, still underperforms marketTwo Greenpeace activists were arrested after chaining themselves to a replica oil pumpjack outside Conservative Leader Pierre Poilievre’s official residence in Ottawa Thursday morning. Activists Keith Stewart and Trevor Cluthé were arrested and charged with mischief and intimidation, Greenpeace communications campaigner Laura Bergamo said shortly after the arrest. At 7 a.m. on Nov. 21, Greenpeace activists set up the installation in the driveway of Stornoway, the official residence of the Opposition leader, and chained Stewart and Cluthé to the structure. The demonstration sought to draw attention to what Greenpeace calls the Conservative Party’s “anti-climate agenda” with Poilievre eager to send Canadians to the polls for what he dubs a “carbon tax election.” Firefighters cut the chains tying Stewart and Cluthé to the pumpjack structure just after 9 a.m. so they could be arrested. The structure was removed by a tow truck shortly after. “We’re here today to send a message to Pierre Poilevre that Greenpeace will not stand idly by while he rips up Canada’s Climate Protection Plan, and we hope no one else will either,” Stewart said in an interview before his arrest. “We know we have the capacity to avoid the worst impacts of climate change. That means making the biggest polluters, oil and gas companies, do their fair share. Pierre Poilievre has promised to let them off the hook... That means everyone else pays the cost in wildfires, in heat waves, in floods, climate change is here now.” Cluthé hopes their protest will “raise more awareness among Canadians of Polievre’s complete disregard for the environment and the climate crisis,” he said in an interview early Thursday morning with Canada’s National Observer. “We’re here in support of Indigenous folks and all the other marginalized communities that always take the brunt of the climate crisis first,” Cluthé said. Last November Poilievre said he is not proposing Canada withdraw from the Paris Agreement (an international commitment to limit global warming) but he has yet to present a climate plan. He says that if elected he will scrap the consumer carbon price. Poilievre was not seen exiting Stornoway on Thursday morning, but his children left through the back door. Police, RCMP and personal security were present for the entirety of the Greenpeace action. A few hours later, Poilievre held a press conference at Parliament Hill and was asked in French about the Greenpeace protest and what Canada’s climate objectives would be under a Poilievre government. Poilievre reiterated that his approach to climate and environment would entail “technology, not taxes.” Poilievre said, in French, that the conservatives are the “only party with an environmental plan” and the plan is “energy abundance.” This includes speeding up construction permits for hydropower, ramping up critical mineral production in Canada and exporting natural gas, Poilievre said. Along with oil and gas expansion, Poilievre has also supported carbon capture technology and nuclear power. While the Conservatives’ stance on the consumer carbon tax is clear, Poilievre has not said whether he would keep the industrial carbon pricing system for large polluters. The latter has a bigger impact on reducing emissions than the consumer fuel charge. A Canadian Climate Institute analysis from March 2024 looked at which federal climate policies will have the biggest impact and found the industrial carbon pricing system will comprise 20 to 48 per cent of Canada’s emission reductions by 2030. Along with a pledge to kill the consumer carbon price, Poilievre opposes a slew of incoming and existing policies including a cap on planet-warming greenhouse gas emissions from oil and gas production, regulations to clean up Canada’s electricity grid by 2035 and the current clean fuel regulations.
Lenexa, KS, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (the “Company”) today announced it received a delinquency notification letter from Nasdaq on November 25, 2024, which indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the delayed filing of the Company’s Quarterly Report on Form 10-Q for the period ended September 30, 2024 (the “Quarterly Report”). The Nasdaq Listing Rule requires listed companies to timely file all required periodic financial reports with the U.S. Securities and Exchange Commission (the “SEC”). This notification has no immediate effect on the listing of the Company’s securities on Nasdaq. Nasdaq has informed the Company that it must submit a plan to regain compliance with respect to the filing requirement by January 24, 2025. If the plan is accepted, Nasdaq can grant an exception of up to 180 calendar dates from the due date of the initial delinquent filing for the period ended September 30, 2024, or until May 19, 2025, to regain compliance. The Company is working diligently to file the Quarterly Report as promptly as practical, and expects to return to a normal filing cadence in 2025. About Digital Ally Digital Ally Companies (NASDAQ: DGLY) through its subsidiaries, is engaged in video solution technology, human & animal health protection products, healthcare revenue cycle management, ticket brokering and marketing, event production and jet chartering. Digital Ally continues to add organizations that demonstrate the common traits of positive earnings, growth potential, innovation and organizational synergies. For additional news and information please visit www.digitalally.com Forward-Looking Statements Statements made in this press release that are not descriptions of historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are based on management’s current expectations and assumptions and are subject to risks and uncertainties. If such risks or uncertainties materialize or such assumptions prove incorrect, our business, operating results, financial condition, and stock price could be materially negatively affected. You should not place undue reliance on such forward-looking statements, which are based on the information currently available to us and speak only as of today’s date. All statements other than statements of historical fact are forward-looking statements. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company’s performance or achievements to be materially different from any expected future results, performance, or achievements. Forward-looking statements speak only as of the date they are made and the Company assumes no duty to update forward-looking statements, except as required by law. Actual future results, performance or achievements may differ materially from historical results or those anticipated depending on a variety of factors, some of which are beyond the control of the Company, including, but not limited to, the risks described from time to time in the Company’s periodic filings with the SEC, including, without limitation, the risks described in the Company’s 2023 Annual Report on Form 10-K and Quarterly Report on Form 10-Q for the quarterly periods ended March 31, 2024 and June 30, 2024 under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” (as applicable). These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. All information is current as of the date this press release is issued, and the Company undertakes no duty to update this information. Contact Information Stanton Ross, CEO Tom Heckman, CFO Digital Ally, Inc. 913-814-7774 info@digitalallyinc.com
We needed it – Pep Guardiola relieved to end Man City’s winless run
The Edmonton Oilers’s next three games will determine where the team is at this season. You can bet general manager Stan Bowman will be paying close attention when his team visits the Minnesota Wild on Thursday, then hosts the Vegas Golden Knights on Dec. 14 and the Florida Panthers on Dec. 16 to see if they can compete with elite NHL teams. The Wild are the top team in the Western Conference and showing no signs of slowing down, while the Golden Knights are the best team in the Pacific Division. If the Oilers can win both games, they could start competing for top spot in the West. Of course, the Oilers have had the Florida contest circled on their calendars since losing Game 7 of the Stanley Cup Final on June 24. The Panthers have played well this season, while the Oilers have just started to look like the same team as last season, and they will be looking for revenge. Expect the atmosphere at Rogers Place to be fully charged. If the Oilers sweep the next three games, they’ll be making a statement that they are Stanley Cup contenders. If they lose the next three, Bowman will be taking notes on his squad’s deficiencies to get ready for the 2025 NHL Trade Deadline on March 7. I’m expecting the Oilers to win two of three based on their recent solid defensive play. Oilers Rank Third in the Pacific Division The Oilers are in third place behind the Golden Knights and the Los Angeles Kings with 34 points but are only one point ahead of the Vancouver Canucks and Calgary Flames. They are 7-3-0 in their last 10 games and have played well at home with a four-game unbeaten streak at Rogers Place. If the Oilers can somehow win the next three games, they could gain ground on the Golden Knights and possibly put some space between themselves and the Canucks and Flames. Their schedule is favourable after the next three games, when they host the Boston Bruins on Dec. 19, the San Jose Sharks on Dec. 21 and the Ottawa Senators on Dec. 22...but you can’t count your chickens before they hatch. Oilers’ Recent Improvement Linked to Strong Play of Two Key Players Two of the biggest contributors to the Oilers’ recent success have been defenceman Darnell Nurse and goaltender Stuart Skinner. Nurse looks like he’s finally healthy and he’s been the player Oilers fans imagined he could be . When Nurse is paired with Brett Kulak, the Oilers have a legitimate second pairing behind Mattias Ekholm and Evan Bouchard. Edmonton has been solid in their own end lately, and that’s benefited goaltenders Skinner and Calvin Pickard. In his last two games, Skinner outduelled 4 Nations Face-Off Team Canada goalie Jordan Binnington in a 4-2 victory over the St. Louis Blues on Dec. 7. Then Skinner beat one of the best goalies in the NHL, Andrei Vasilevskiy, three nights later when the Oilers defeated the Tampa Bay Lightning 2-1 on Dec. 10. Skinner’s recent play has helped him move up to a .895 save percentage (SV%) , and if the trend continues, he’ll be over the .900 SV% mark before the end of the calendar year. Oil Country Live and Die with Each Win and Loss As of Dec. 12, the Oilers have 54 games remaining in their season. They’ve played one-third of their schedule so far and after another slow start, they’re finally starting to show signs of being the Stanley Cup contenders everyone expected them to be at the beginning of the season. If the Oilers sweep the next three games, we might start hearing plans for a Stanley Cup parade down Jasper Avenue. If they lose two or all three games, and Oil Country will need a serious boost of positivity before the holiday season because it could get nasty on social media. Where do you think the Oilers are right now? Post your predictions on how you think the team will do against three of the best teams in the NHL in the comments below. This article first appeared on The Hockey Writers and was syndicated with permission.
Esco Technologies director Valdez sells $349,049 in stockNo. 7 Tennessee extends its season-opening winning streak to 7 games in 78-35 win over UT MartinEditor's note: Liu Chunsheng, a special commentator on current affairs for CGTN, is an associate professor at the Beijing-based Central University of Finance and Economics. The article reflects the author's opinion and not necessarily the views of CGTN. An important item discussed by the 13th session of the Standing Committee of the 14th National People's Congress held in Beijing from December 21 to 25 was the draft of a private sector promotion law. Some are also calling it the "Private Economy Promotion Law." This reflects the Chinese government's keen attention to the development of the private economy and marks a new stage in its development. The private economy is an important part of China's market economy and a significant force driving economic and social development. By the end of September 2024, there were over 55 million registered private enterprises nationwide and 125 million individual businesses. This data demonstrates the vitality of the private economy and its irreplaceable role in the national economy. The importance of the private economy is reflected in multiple aspects. It is a significant engine of economic growth. Under the innovation-driven development strategy, private enterprises, with their keen market sense and flexible institutional advantages, have become the main force in technological innovation and industrial upgrading. The private economy is also the primary channel for employment. A large number of private enterprises absorb a substantial amount of labor force, alleviating employment pressure. It is an important source of tax revenue. Private enterprises contribute a considerable portion of the national tax revenue, providing strong support for the country's fiscal balance and public services. Particularly, it has demonstrated unique flexibility and resilience in responding to challenges. Whether in communications facilities, the Internet, and the digital economy, or electric vehicles and household appliances, they have become an important driver of the development of China's advanced productive forces. Given the important position and contributions of the private economy, China attaches great importance to its healthy and sustainable development. The Third Plenary Session of the 20th Central Committee of the Communist Party of China (CPC) in July proposed formulating a private economy promotion law, which was not only an affirmation of the status of the private economy but also provided legal protection for its future development. The recent Central Economic Work Conference also emphasized introducing a private economy promotion law, further demonstrating China's determination and strategic considerations. Since the reform and opening up, the private economy has seen remarkable achievements. A private economy promotion law will establish policies and practices for the sector since the reform and opening up, especially since the 18th National Congress of the CPC in 2012, as legal systems. This will help consolidate reform achievements, address concerns, and boost confidence in the development of the private economy. The daft provides provisions in terms of ensuring private businesses' fair participation and competition in the market, improving the investment and financing environment for these businesses, supporting their technological innovations, optimizing services and strengthening the protection of their rights and interests. For example, in terms of fair competition, the draft stipulates that various economic organizations can enter the fields outside the negative list for market access equally according to the law and regulations on implementing the fair competition review system. In terms of investment and financing, the draft reduces institutional transaction costs, and optimizes the investment and financing environment for the private economy. These measures will help break market barriers, optimize the business environment, and stimulate market vitality. These measures will protect the legitimate rights and interests of private enterprises, enhancing their confidence and sense of security. Besides encouraging and supporting the development of the private economy, the draft also emphasizes regulation and guidance. It stipulates that the production and business activities of private economic organizations will comply with laws and regulations and not hinder market and financial order, or seek profits through bribery and fraud. They should not damage the ecological environment, and impair the legitimate rights and interests of workers and social and public interests. At the same time, the draft encourages private enterprises to participate in national scientific and technological research projects and supports capable organizations to take the lead in undertaking major technological research tasks. This will help integrate the private economy into national strategies, promote the entrepreneurial spirit, and improve its overall quality and development level. As of the end of 2023, statistics show that the number of valid invention patents held by national high-tech enterprises and technology-based small and medium-sized enterprises reached 2.134 million, accounting for nearly three-quarters of the total held by domestic enterprises, indicating a continuous improvement in the innovation level of private enterprises. The draft of the Private Economy Promotion Law also proposes supporting the open sharing of public research and development platforms and common technology platforms to provide equal services for technological innovation by private enterprises and promote in-depth industry-academia-research integration. These measures will help private enterprises better participate in national scientific and technological research projects and achieve high-quality development. The rule of law is a basic way of governing a country and an important guarantee for the healthy development of the market economy. Taking measures to promote the development of the private economy according to legal norms will help build a legal environment and social atmosphere conducive to the common development of various ownership economies. (If you want to contribute and have specific expertise, please contact us at opinions@cgtn.com. Follow @thouse_opinions on Twitter to discover the latest commentaries in the CGTN Opinion Section.)
Cisco Systems Inc. stock rises Wednesday, still underperforms marketCooley also contributed five rebounds for the Bears (4-3). AJ Lesburt Jr. scored 16 points, going 6 of 10 (4 for 8 from 3-point range). Landon Lewis shot 5 of 8 from the field to finish with 12 points, while adding eight rebounds. Joseph Octave finished with 24 points, seven rebounds and two steals for the Seawolves (2-5). Stony Brook also got 17 points and three steals from Ben Wight. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
Eggers and Bruner: Liberals Raging About Health Care Should Look in the MirrorThe maritime industry is on the verge of a new era in connectivity with the launch of The Hood, a social platform built with a bold mission: to unite seafarers, their families, and maritime professionals into one vibrant, inclusive community. The Hood is more than just a networking tool. It is a space for meaningful connection, where industry members can support and empower one another. Inspired by terms like ‘sisterhood’ and ‘brotherhood,’ The Hood captures the spirit of family and mutual support. Members can job hunt, chat with colleagues, or share ideas and experiences with ease—no matter where in the world they are. The vision behind The Hood began six years ago when Josephine Le, Founder and Managing Director, first entered the maritime industry and recognised its uniqueness. She observed how challenging life at sea can be, especially for those away from home for long stretches, and saw the need for a space where maritime professionals could truly connect and support each other. After extensive research to understand the industry’s unique needs, Ms Le brought The Hood to life as a well-thought-out platform designed specifically to address these challenges. “I remember first joining the industry and feeling an immediate sense of community, but I also saw the isolation seafarers experience and some outdated recruitment practices,” said Josephine Le, Founder and Managing Director of The Hood. “The Hood was born out of a desire for connection and dependability. Even in the ever-evolving chaos like the current social media landscape, it speaks to our natural tendency to gravitate towards any kind of link to real connections and how these digital anchors can become the bedrock of a real community” Josephine Le, Founder and Managing Director “Our goal is simple but powerful: to build a community where strangers become family, and where members feel truly supported and empowered. Whether you’re just starting out or have spent years at sea, The Hood is here to help you connect, share, and belong.” The Hood serves every corner of the maritime world. Engineers can create dedicated groups to swap technical know-how, deck officers can discuss navigation and regulations, and cadets can find mentors. This tailored approach allows maritime professionals of all kinds to find support and camaraderie, right in their own space. By choosing the delicate balance between the ease of use for the less technological savvy and the advanced features of the professional page, the Hood gives the younger generation of our industry an enhanced social media tool with all their favourite features while providing the value of industry expertise by bringing the seasoned experts to the community. Starting with a dual social/professional profile feature, the platform will offer free Career Hub page for users, ability to store and share CV and documents directly, dedicated online centres for wellbeing support, e-learning, news section, and a coming soon e-shop—resources that speak directly to the community’s unique needs. The Hood is not just about work; it’s about creating an enduring community for the maritime sector. As it expands to offer more features, it will remain dedicated to its mission of uniting and uplifting the industry, helping maritime professionals, their families, and seafarers build bonds that extend far beyond the workplace. Join The Hood today and be part of a thriving community where the maritime community connect, collaborate, and belong. Sign up here: Source: The Hood
Brown wins 77-54 against Stony Brook
The fifth round of the Champions League is in the bag, just three rounds remaining before we discover who is through to the last 16, who is going to endure a nervy playoff battle and whose European season is over. This week brought thrilling results: Manchester City blowing a three-goal lead against Feyenoord , Bayer Leverkusen and Arsenal running up the goals in impressive fashion and missed penalties by superstars at both ends in Liverpool's win over Real Madrid. Here's our pick of the best players, lining up with a back three to celebrate the impressive results from Leverkusen and Inter: Not exactly a vintage week for the men between the sticks, was it? Thibaut Courtois was among the few Real Madrid players who could leave Anfield with his head held high but he might feel he could have done better for Liverpool's opener. Given that no one was both faultless and busy, we're going to have to go for a compromise candidate. An exceptional 87 minutes from Riznyk weren't undone just because his cleansheet and then Shakhtar's points were snatched away by Malik Tillman (more on whom later) and Ricardo Pepi. I mean, what do you even want him to do about those goals, which followed 10 saves, the best of which were quite excellent? Even that first goal he conceded was millimeters from an outstanding save, Riznyk hurling himself low to his left to meet Tillman's impudent low free kick. The second? There could have been two goalkeepers between the sticks and they weren't getting close. The third seemed specifically designed to ruin Rizynk's night, a PSV leg doing just enough to divert the ball in totally the opposite direction, leaving Pepi with a tap in. Sometimes goalkeepers do their bit and still end up having a bad night. In such circumstances, it's worth highlighting what they did right. Yes, we're immediately playing fast and loose with the formation. Look, there are a load of strikers and attacking midfielders I've got try to get in. Conor, you're just going to have to work it out. Given how successfully you took to dealing with the best forward on the planet (if we can still call Kylian Mbappe that), I'm pretty confident this won't be beyond you. After all, what a reducer that was in the second half. MAC ALLISTER FINISHES A LOVELY MOVE FROM LIVERPOOL TO HIT REAL MADRID EARLY IN THE SECOND HALF ⚡ pic.twitter.com/7iYRlrN9Vg And the assist. The assist! Weighted with precision, one pass took two players out of the game while ensuring that Alexis Mac Allister could take the ball in stride and squirm a shot away before Raul Asensio got across to cover. There are few better compliments you can offer in this context than to say it was an assist Trent Alexander-Arnold would have been proud of. Well, you have to have someone from Inter in your backline. The Italian giants look like they have that most vital component of Champions League contenders, an elite-level defense. A record of five cleansheets from as many games would be remarkable whoever the opponents were but the 2023 finalists have already held out against Manchester City, Arsenal and an RB Leipzig side who desperately needed anything to save their European season. Inter held them utterly at arm's length, just seven shots worth a combined 0.15 xG. Such defensive excellence is the sort of collective effort that rarely fits comfortably into a pick your best players format. So, sorry Alessandro Bastoni and Hakan Calhanoglu, but it's De Vrij for me -- his clearances and interceptions snuffing out what pressure RB Leipzig were able to apply on the Inter goal. A week where so many teams conceded three-plus goals doesn't make it easy to pick out the best defenders. Either your team were so dominant that you didn't have to do a lot of defending or, well, you conceded half a dozen goals. Then again, if anyone can be forgiven for conceding a few goals it's the Feyenoord defense, in which Hancko and his teammates got a clearing boot on a fair few of the many crosses and cutbacks that Manchester City hurled into their area. Following up 88 of the most demanding minutes you can ask of a defender with a lung-busting run into the penalty area to flick home the equalizer was all the more impressive. FEYENOORD COME BACK FROM 3-0 DOWN TO STUN MANCHESTER CITY 😱 pic.twitter.com/HWB2NGMOjN Arguably the best individual performer across this week, Llorente's dominance from right back ensured that Atletico Madrid were able to run up an almighty score in Prague, something that could count for a great deal when the final places in the top eight are handed out. Most immediately apparent were the two assists, Llorente busting a gut to be in place to one-two with Julian Alvarez before slipping the ball to Angel Correa towards the death, giving the Argentine plenty of work to do it must be said. Atletico were dominant enough that they didn't need Llorente to excel defensively but he did that too with four tackles won from four, six of seven successful duels and eight ball recoveries. Not too shabby at all for a player making his first start since late September. Pick your favorite: the audacious free kick that just had enough to kickstart the comeback or the absolute howitzer that seemed to swing one way and then the other to draw PSV level in the most thrilling game of a barnburner of a match week? For pure vision, this author's preference is for the opener, not least because a bit of guile was absolutely going to be required to defeat a goalkeeper as obdurate as Shakhtar's. Even those who thought Crvena zvezda were a fair wedge better than their record didn't see that coming! Then again, you look at their side and it's hard to see why they shouldn't be able to at least give it a go against a side like Stuttgart. On an evening where everyone in red excelled, it was hard to pick a star man but UEFA's technical panel opted for former Milan man Rade Krunic. "He made a significant impact, showcasing a clinical left-foot finish to give his side the lead, plus creating the fourth goal with a decisive line-breaking pass on the counterattack," they said. Who are we to argue? Look, we could really just hive off a spot in this XI for the remainder of this season and put Florian Wirtz's name on it. The figurehead of Bayer Leverkusen was his customarily excellent self in the 5-0 drubbing of Salzburg. You could, however, say the same about Grimaldo, as joyous a watch as there has been in European football over the last 15 or so months. Let him drift off his flank for even an instant and he is going to take a shot. By the final whistle at the BayArena, he'd taken seven of them, the pick of them a delicately lofted free-kick that Alexander Schlager swiftly concluded wasn't even worth diving for. Alejandro Grimaldo with a BEAUTY of a freekick 🤩 pic.twitter.com/5USnytTjVN With half an hour played, Grimaldo had added an assist too, a smart pass inside to Wirtz that speaks to the connection these two have on the Leverkusen left. The latter is often the one who gets the most glowing praise from their collective efforts. There's no harm shining the light on Grimaldo for once. If Arsenal didn't have Odegaard, could they have really hoped to eviscerate a much-heralded Sporting opponent in anything like the manner they just did? Whether or not the Norwegian is his side's very best player is the sort of fruitless debate Gooners can savor but after his last two games, Odegaard has the best case to be this team's ceiling raiser. "He is an unbelievable player and the day he returned, there was a big smile on my face," Bukayo Saka said of his captain. A "top three" midfielder in Europe, according to William Saliba. They know how good Odegaard is. Sporting just found out in the cruelest of fashions. There are worse times to deliver your first senior goal than a Champions League tie where your side can all but guarantee a spot in the knockout playoffs (at least). Not bad timing for the second goal either. Both spoke to qualities it tends to take much more than 20 years to develop, lurking in the right spots for a cutback while being prepared to gamble that mistakes and rebounds would fall his way. What is it about Gian Piero Gasperini and strikers? The likes of Duvan Zapata, Luis Muriel and Ademola Lookman have hardly looked like superstars before arriving at Atalanta, nor did Retegui when he departed Genoa with nine goals to his name in all competitions last season. Already this term he has 14 in 19 games, two of which came as Young Boys were brushed aside at the Wankdorf Stadium. Retegui's first goal was that of an outstanding center forward, timing his run perfectly to break the Young Boys offside trap and whipping a ferocious finish across goal, the ball bending elegantly into the side-netting. The second was no less impressive, a great first touch off Charles De Ketelaere before the 25-year-old took a breath and rolled it home. This is the output of a high-grade striker. Was Retegui that before Gasperini got his hands on him?POND INLET , NT , Nov. 21, 2024 /CNW/ - Partnering with Indigenous Peoples, communities and businesses is critical to building inclusive, sustainable and resilient natural resource sectors in Canada . Today, the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, announced a $2.1-million investment under the Indigenous Natural Resource Partnerships (INRP) program to the Qikiqtani Inuit Association (QIA) for an Inuit-led project in Nunavut . Results of the project will include: QIA will purchase heavy equipment simulators dedicated to the Pond Inlet Research and Training Centre. Inuit Nunavummiut will be able to receive vital training in their home territory. Systemic barriers to Inuit participation in the natural resource economy will be reduced. Meaningful partnerships and engagement in the critical minerals sector will be advanced. The Government of Canada remains committed to advancing meaningful partnerships with Indigenous Peoples and enabling the development of innovative natural resource projects that will produce benefits for generations to come. Quote "Today's investment is about fostering Inuit mining expertise to create more jobs and drive economic growth in ways that advance economic reconciliation. It is our priority to enable the full participation of Indigenous partners in the development of a natural resource economy on our way to a clean energy future — a future where all communities can take advantage of technologies that reduce costs and provide job opportunities in vitally important industries." The Honourable Jonathan Wilkinson Minister of Energy and Natural Resources Quick Facts Mineral exploration and mining are among the largest private sector industries in Nunavut , accounting for 41.23 percent of the gross domestic product in 2021. In 2022, Nunavut was responsible for eight percent of total iron ore production in Canada . Budget 2022 allocated $80 million over five years, starting in 2022–23, to renew and expand the INRP program to all natural resource sectors and all regions of Canada . The expanded program provides targeted funding to Indigenous communities across Canada to build the capacity and establish the partnerships necessary to secure economic opportunities from natural resource projects and become equal partners in Canada's net-zero transition. The QIA is a Designated Inuit Organization under the Nunavut Agreement (Nunavut Land Claims Agreement). QIA is a regional Inuit organization representing the 13 Inuit communities in the Qikiqtani Region of Nunavut . Key to its mandate is the implementation of Inuit-led and Inuit-driven solutions for the betterment of the Qikiqtani Region. QIA aims to strengthen the benefits of Nunavut's mining industry by establishing educational facilities and training that will see an increased percentage of Nunavut Inuit youth hired in positions relating to critical minerals exploration, operations, research and monitoring. Related Information Indigenous Natural Resource Partnerships Critical minerals in Canada Iron ore facts Follow us on LinkedIn SOURCE Natural Resources Canada View original content: http://www.newswire.ca/en/releases/archive/November2024/21/c4303.html © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.