A roundup of the most newsworthy press
releases from Cision Distribution this week
TORONTO, May 24, 2024
/CNW/ - With thousands of press releases published each week,
it can be difficult to keep up with everything on Cision. To help
journalists and consumers stay on top of the week's most newsworthy
and popular releases, here's a recap of some major stories from the
week that shouldn't be missed.
The list below includes the headline (with a link to the full
text) and an excerpt from each story. Click on the press release
headlines to access accompanying multimedia assets that are
available for download.
- The Whistle Dog is now back at A&W thanks to its
dedicated fandom!
The Whistle Dog is a delicious hot dog nested in a toasted bun,
topped with relish, real cheddar cheese, and bacon. Celebrated as a
legacy menu item, the Whistle Dog is the one A&W product that
has sparked overwhelming demand from fans since its discontinuation
from the permanent menu in 2017. The return of the Whistle Dog for
another round is a result of the fandom's continued efforts to
bring it back and relieve their nostalgic memories.
- DRONE DELIVERY CANADA AND
VOLATUS AEROSPACE CORP. ANNOUNCE TRANSFORMATIVE MERGER OF EQUALS
CREATING GLOBAL LEADER IN DRONE TECHNOLOGY AND
SERVICES
Under the Merger, which the boards of directors of both companies
have approved, the combined company will be led by a board of
directors and management team of experienced drone technology
industry and business leaders, bringing together the cultures,
strengths, and capabilities of both companies. By joining forces,
Volatus and Drone Delivery Canada plan to immediately begin
commercialization efforts, which is intended to enhance shareholder
value by forging a robust, financially sound enterprise focused on
immediate and long-term revenue with a clear path to sustainable
growth and market leadership. Subject to customary closing
conditions, the Merger is expected to close in the third quarter of
2024.
- Air Canada Significantly Increases Service to Ottawa
"Ottawa is an important part of Air Canada's network and in
response to demand, we are growing our capacity to our nation's
capital city by almost 60 per cent compared to 2023. We are very
excited to add more flights to the rest of the country with the
extension of key non-stop routes to year-round and additional
capacity to other cities. We are also adding capacity to popular
sun destinations and in conjunction with our joint venture partner
United Airlines, increasing options for travel to and from the
U.S.," said Mark Galardo, Executive Vice President, Revenue
and Network Planning, at Air Canada.
- RECONAFRICA ANNOUNCES AN OPERATIONS UPDATE, JOINT VENTURE
UPDATE AND TERMINATION OF FTB CAPITAL INC. CONTRACT
CIBC (TSX: CM) (NYSE: CM) announced today that it is offering a 2%
discount on its common The Company has progressed its joint venture
process to the next level of detailed discussions and continues to
negotiate contract terms relating to its farm out process. In its
review, Management has placed a strong emphasis on negotiating
terms that will enable the Company to execute a multi-well
exploration drilling program targeting wells in both the Damara
Fold Belt and Rift Basin plays over the next 12 to 24 months.
Results from these discussions are expected to conclude in the next
several weeks.
- Acosta Group to Acquire CROSSMARK and Product Connections,
Adding Complementary Headquarters Sales Services, Retail Solutions
and New Sampling and Demonstration Capabilities That Drive Growth
for Brands and Retailers
"The acquisition of CROSSMARK and Product Connections
organizations, with outstanding people and complementary sales,
retail, and marketing services and solutions, represents another
milestone in our transformation journey," said Brian Wynne,
CEO of Acosta Group. "Today's announcement reflects our commitment
to continued investment in our people, technology, client and
customer relationships, and business overall, creating enhanced
value for all of our stakeholders."
- Saying the quiet part out loud: Nova Scotia premier's office recognized with
award for punting promises to empower province's information and
privacy commissioner
The Premier of Nova Scotia, Tim Houston, has been
selected as the 2023 recipient of the provincial Code of Silence
Award for Outstanding Achievement in Government Secrecy for his
bait-and-switch on the 2021 election promise by his own
government-to-be to strengthen his province's notoriously toothless
freedom of information law by giving order-making power to its
information. commissioner. The nomination for this award came
from Stephen Kimber, a freelance journalist and Professor at
the King's School of Journalism, whose recent article in the
Halifax Examiner documented the sad history of the
Premier's about-face in lurid detail.
- Amp Finalises Commercial Agreements for Cape Hardy Advanced
Fuels Precinct
Amp has been in discussions to develop the Cape Hardy Advanced
Fuels precinct, in collaboration with Iron Road Ltd and The
Government of South Australia, for the past two years. During
that time, Amp has made significant development progress. The
project's concept, design, and pre-Front End Engineering Design
(FEED) phase have been studied and reviewed by two leading global
engineering firms, Arup and Technip Technologies, as Amp targets
completion of pre-FEED studies for the first 1 GW electrolyser
phase over the next 9 months. FEED scoping and contracting is
currently underway ahead of awarding the FEED contract in late 2024
or early 2025.
- Tims turns 60! Today, May
17th, marks the 60th anniversary of the first Tim Hortons restaurant opening in Hamilton, Ont.
"We want to thank our
guests for making us a part of their lives day after day, year
after year, and decade after decade. We also want to thank our
restaurant owners and their team members for their daily dedication
and pride in upholding the high standards of what Canadians love
and expect from us while on their Tims Run."
- LCBO's tax bill threatens consumers' favourite
brands.
Claiming to be seeking the best price for consumers,
the LCBO is unilaterally clawing back payments on products sold in
2023, based on claims that Quebec's liquor board (the
SAQ) obtained similar products for a lower price. But liquor
boards, not suppliers, largely dictate pricing in their
provinces. Quebec's system has long applied a requirement
for the lowest retail price. Ontario, however, has long had a
system with a mandatory minimum retail price for consumers that
raises prices every year. Now the LCBO is applying a punitive
lowest wholesale price requirement, unfairly squeezing suppliers.
We believe the LCBO is taking advantage of its own purchasing rules
and inflating its revenues with no savings for consumers.
- RBC expands strategic partnership with METRO Inc. to offer
Canadians greater everyday value
"We are very proud to
expand our loyalty partnership with METRO Inc., one
of Canada's leading and most prominent Canadian food
retailers," said Niranjan Vivekanandan, senior vice president
& head, Loyalty & Merchant Solutions, RBC. "Combining
the Moi Rewards program with Avion
Rewards' broad suite of benefits across key consumer spend
categories will now bring grocery value and savings to consumers
and families at a time when they need it the most."
Read more of the latest releases from
Cision, see our resources for
journalists, and stay caught up on the top press
releases by following @cnwnews.
About Cision Canada
Cision is a comprehensive communications platform enabling more
than 100,000 public relations and marketing professionals around
the world to understand, influence and amplify their stories. As
the market leader, Cision enables the next generation of
communication professionals to strategically operate in the modern
media landscape where company success is directly impacted by
public opinion. Cision has offices in 24 countries through the
Americas, EMEA and APAC, and offers a suite of best-in-class
solutions, including Newswire, Brandwatch, Cision Communications
Cloud® and Cision Insights. To learn more, visit
www.cision.ca and follow @CisionCA on Twitter.
SOURCE Cision Canada