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Canada’s Cooling Tech May Miss Moon Mission Due to Budget Shift

Toronto firm’s cooling system for NASA’s Artemis IV faces uncertainty as U.S. budget proposal puts moon mission at risk.

Berg’s Breakthrough Tech Caught in Lunar Crossfire

Toronto-based Berg Chilling Systems has crafted a highly specialized cooling unit for NASA’s Artemis IV mission, aiming to support human spaceflight back to the moon. The unit, installed atop the Mobile Launcher 2 (ML2) at Kennedy Space Center, is engineered to endure the intense environment of the Space Launch System (SLS)—including searing heat of 1,200°C and liftoff forces reaching 8.9 million pounds of thrust.

Despite its readiness, political tides may leave the system grounded. The Trump administration’s proposed 2026 budget suggests a pivot away from the moon mission, placing the future of Artemis IV—and Berg’s tech—under threat.

Built to Cool, Designed to Last

Berg’s cooling hardware is “purpose-built” for the ML2 platform and the Orion capsule it supports. According to company president Don Berggren, this project ranks among the firm’s “most technically demanding” in its 52-year history. Beyond Artemis IV, the cooling unit is designed with durability in mind—engineered to resist decades of corrosion and serve NASA for up to 25 years.

But the uncertainty surrounding Artemis IV casts doubt on whether the system will ever fulfill its mission. “If Artemis IV is cancelled, the cooling system may not be used,” spokesperson Stephanie Yeung told BetaKit.

Why the Moon Still Matters

Berg Chilling Systems and other stakeholders in the space sector continue to advocate for the lunar mission. The moon, they argue, is a crucial stepping stone to Mars. “To go to Mars, NASA has got to go to the moon first,” said Yeung, emphasizing that lunar operations provide essential testing grounds for technologies destined for deep space.

NASA’s Artemis program is designed to reestablish a sustained human presence on the moon for the first time since 1972. Originally aiming for a 2024 crewed landing, NASA has now moved that goal to 2027. Artemis IV, scheduled for a 2028 launch, would send astronauts and a habitation module to the Lunar Gateway—an orbital platform that supports moon landings and future Mars missions.

Canada’s Longstanding Role in Space Innovation

Canadian technology has long played a vital role in NASA’s endeavors. From the iconic Canadarm systems developed by Spar Aerospace and MDA Space to the upcoming Canadarm3 for the Lunar Gateway, Canada’s engineering talent has been indispensable.

Recent milestones include KA Imaging—a spinoff from the University of Waterloo—which contributed the first medical X-ray system in space aboard the Fram2 private mission.

Despite setbacks, Canada’s contributions to space exploration remain a point of national pride and global significance.

Stay tuned to Maple News Wire for more on Canada’s role in global space innovation.

Kim Furlong to Exit CVCA as Canadian VC Faces Uncertainty

Kim Furlong to step down as CVCA CEO after Invest Canada 2025, leaving amid challenges in Canada’s venture capital landscape.

Canadian Venture Capital and Private Equity Association (CVCA) CEO Kim Furlong has announced her decision to step down following this year’s Invest Canada Conference. Her departure, scheduled for July 4, marks the end of a transformative tenure during a period of considerable turbulence for Canada’s VC industry.

“Time for Someone Else to Step In”

Furlong, who assumed the CEO role in January 2019, said she made the decision earlier this year as CVCA nears the end of its current strategic cycle. “I didn’t see myself doing it for another five years,” she told BetaKit. “For me, but also for the organization, it was time for someone else to step in.”

Although she hasn’t disclosed her next move, she confirmed her post-CVCA plans are already in place. “It was a privilege to serve this industry for the past six-and-a-half years,” she said.

Steering Through Industry Highs and Lows

Under Furlong’s leadership, the CVCA navigated the peaks of pandemic-fueled investment booms and the troughs of ongoing macroeconomic challenges. She championed major policy initiatives, including the Venture Capital Catalyst Initiative (VCCI), diversity efforts, and resistance to proposed tax hikes on capital gains.

Board Chair Jeanette Wiltse praised Furlong’s impact, stating, “The legacy of her work will continue to shape the association and the industry for years to come.”

Departure Amid a Sector-Wide Reckoning

Furlong’s exit comes as Canada’s VC sector wrestles with an identity crisis. Q1 2025 data revealed a five-year low in VC deal volume, sluggish seed-stage investment, and an exodus of emerging fund managers. Industry insiders are grappling with weak domestic funding, reliance on U.S. capital, and concerns about Canada’s narrative as a declining VC ecosystem.

“It’s a nervous time,” Furlong acknowledged. “But the foundation is solid, and it’s here to stay.”

Pushing Policy Until the Final Day

With an impending federal election, CVCA recently released a white paper advocating for measures to boost domestic investment. Key recommendations include a temporary capital gains tax inclusion rate reduction, recapitalization of VCCI, reforms to SR&ED, and pension fund engagement.

Furlong confirmed ongoing talks with the Department of Finance and emphasized she will continue lobbying “until my final day in office.”

A Lasting Influence

Despite the challenges, Furlong noted that Canada’s VC ecosystem has evolved significantly since 2019—with more sophisticated firms and a larger pool of promising startups. Still, she stressed the need for better investment mechanisms and continued public-private collaboration.

“There’s work to be done,” she said, “but this industry is strategically important for Canada’s future.”

Stay tuned to Maple News Wire for continued updates on Canada’s innovation economy.

Dr. Mike Mahon Named Permanent CEO of Alberta Innovates

Alberta Innovates appoints Dr. Mike Mahon as permanent CEO ahead of Inventures 2025, unveiling a bold new vision for Alberta’s innovation ecosystem.

Alberta Innovates has officially named Dr. Mike Mahon as its permanent Chief Executive Officer, following unanimous approval from its board of directors. The announcement comes just days before the organization reveals its strategic vision at Inventures 2025, Alberta’s premier tech and innovation conference.

Dr. Mahon, who stepped in as interim CEO last July, originally joined the agency to guide it through a significant transition period. His appointment follows a comprehensive review and the development of a long-term roadmap for Alberta’s innovation future.

From Interim to Architect of Innovation

Dr. Mahon’s leadership journey began amid a pivotal shift at Alberta Innovates. Tasked with evaluating the agency’s programs and redefining its mission, he led a strategic review aimed at recalibrating its role in Alberta’s growing tech landscape.

With over two decades of academic leadership—including 13 years as president of the University of Lethbridge and a decade as dean at the University of Alberta—Dr. Mahon brought the institutional expertise needed to reimagine the agency’s impact.

A Shift in Mission: Supporting What’s Built

Board Chair Tony Williams highlighted a key evolution in Alberta Innovates’ role—from building an innovation ecosystem to enabling the one now thriving.

“The ecosystem is operational,” Williams noted. “What we need now is a leader who understands how to accelerate it, connect it, and take it to the global stage.”

Under the go-forward plan, the agency will prioritize supporting existing organizations, expanding national and international collaborations, and connecting innovators across sectors.

Fueling Alberta’s Talent and Global Reach

Dr. Mahon emphasized the importance of growing Alberta’s tech talent and attracting innovation-focused enterprises to the province.

“Our goal has always been to bring bright minds to Alberta,” Mahon said. “This new chapter allows us to build on that vision with purpose and alignment.”

The announcement aligns with a broader surge in Alberta’s tech sector. The province placed third nationally for venture capital investment in Q1 2025 and contributed $13 billion to GDP through its tech industry in 2023.

Inventures 2025: A Platform for the Future

Both Mahon and Williams are set to take the stage at Inventures 2025 in Calgary this Friday to present Alberta Innovates’ forward-looking strategy. The agency is also expected to finalize its business plan with the provincial government and other partners in the coming weeks.

In an increasingly competitive and uncertain economic landscape, Alberta Innovates is positioning itself as a national and global force in research, entrepreneurship, and emerging technologies.

Stay tuned to Maple News Wire for continued coverage of Alberta’s innovation momentum.

Good Earth Coffeehouse Unveils Refreshing Summer Seasonal Drinks

Good Earth Coffeehouse Brews Up Summer Flavor

Good Earth Coffeehouse, a proudly Canadian brand known for quality coffee and wholesome food, has introduced its exciting new summer seasonal drinks. Designed to capture the essence of summer, these beverages blend refreshing citrus and fruit-forward flavors that promise to delight every palate.

Summer Sips with a Twist of Citrus and Fruit

This season’s lineup features four standout creations:

  • Yuzu & Pineapple Tea Lemonade: A tangy mix of tropical yuzu, pineapple, lemonade, and Orange Blossom Tea, finished with a lemon garnish for a bright, citrusy kick.

  • Yuzu & Orange Blossom Tea Sparkler: Sparkling water combines with yuzu, pineapple, and Orange Blossom Tea for a bubbly, refreshing burst of flavor.

  • Orchard Cold Brew: Bold Cold Brew coffee meets sweet peach and orange notes, topped with a fresh orange slice for a rich, fruity twist.

  • Orchard Smoothie: A smooth blend of peach and orange, evoking the fresh, juicy taste of a summer orchard.

Rooted in Canadian Heritage and Quality

Since 1991, Good Earth Coffeehouse has remained committed to ethically sourced coffee and fresh, wholesome food. While these new drinks draw inspiration from global flavors, the company stays true to its Canadian roots and dedication to quality.

Available Now Across Canada

These summer seasonal drinks are now being served at all Good Earth Coffeehouse locations nationwide. To find your nearest café and experience these refreshing creations, visit goodearthcoffeehouse.com.

Good Earth Coffeehouse continues to blend innovation with tradition, offering Canadians a perfect way to savor summer in every sip.

Calgary Stampeders Dominate B.C. Lions 26-16 in CFL Preseason Opener

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Stampeders Kick Off CFL Preseason with a Strong Win

The Calgary Stampeders launched their CFL preseason campaign with a convincing 26-16 victory over the B.C. Lions on Monday at Starlight Stadium. Running backs Ludovick Choquette and Tiyon Evans each found the end zone, while the defense recorded three crucial sacks.

Key Plays Propel Calgary to Early Lead

Quarterback Quincy Vaughn added a one-yard rushing touchdown, and veteran kicker Rene Paredes nailed two field goals, including a long 52-yard kick. These contributions helped Calgary maintain control throughout the game.

Lions Show Fight but Fall Short

B.C. Lions quarterbacks Chase Brice and Jeremiah Masoli each threw touchdown passes, and kicker Mark McNamee connected on a field goal. Despite outgaining Calgary slightly in net offense, the Lions were hampered by 11 penalties totaling 187 yards.

Offensive and Defensive Highlights

Calgary’s offense produced 247 net yards, with Choquette rushing 47 yards on six carries and Evans adding 44 yards on 11 carries. Ishmael Hyman led receivers with three catches for 34 yards. Quarterbacks Phillip Walker Jr., Josh Love, and Logan Bonner combined for modest passing yards, with Bonner throwing one interception.

Meanwhile, Brice completed 14 of 20 passes for 135 yards, and Masoli added 43 yards on limited attempts. Nathan Rourke, expected to start for the Lions, saw limited action with just one pass.

Penalties and Missed Opportunities

The Lions’ 11 penalties proved costly, while Calgary was flagged six times. These infractions affected momentum and field position, ultimately influencing the game’s outcome.

Looking Ahead for Both Teams

Last season, the Stampeders finished last in the West Division and missed the playoffs, while the Lions placed third but fell in the West semifinal. This preseason victory offers Calgary a promising start as both teams prepare for the regular season.

Calgary’s balanced attack and stout defense set the tone early, signaling their intent to rebound strongly this CFL season.

Alberta Wildfire Issues Crucial Safety Tips for May Long Weekend

Alberta Wildfire Warns of Increased Fire Risks This May Long Weekend

With the May long weekend marking the start of summer adventures for many Albertans, wildfire officials urge caution. This period often sees a spike in human-caused fires, threatening the province’s forests and outdoor enjoyment.

Human Activity Drives Most Wildfires During Holiday Weekend

Last year, Alberta Wildfire reported that 32 of 33 wildfires during the Victoria Day weekend were sparked by human actions. In 2023, 16 of 25 fires were similarly caused. Common culprits include unattended campfires, burning debris, sparks from off-road vehicles, discarded cigarette butts, and agricultural activities.

Officials Clarify Restrictions Aim to Protect, Not Restrict

Kevin Hunt, Alberta Wildfire’s public information officer, stresses that fire safety rules are not meant to limit outdoor fun. Instead, they are based on careful assessment of current weather and fire risk conditions to protect both people and nature.

Fire Bans and Restrictions Impact Recreation Plans

At Crimson Lake Provincial Park near Rocky Mountain House, Alberta Wildfire and Parks officials have been informing visitors about existing fire bans and safety measures. These guidelines may affect camping and other outdoor activities, so planning ahead is essential.

As Albertans gear up for the long weekend, following wildfire safety advice can help ensure a safe and enjoyable start to the summer season.

Banff Prepares for Summer Amid Wildfire Fears After Jasper Blaze

Banff Faces Growing Wildfire Concerns After Jasper Fire

As summer approaches, anxiety is rising in Banff National Park. The scars left by last summer’s devastating Jasper wildfire serve as a stark reminder of the threat looming over the Rockies. Experts warn that dry conditions and dense forests could fuel another intense fire season near Banff and Canmore.

Fire Breaks and Indigenous Logging Used to Combat Wildfires

To protect communities, Parks Canada has expanded fire breaks like Carrot Creek, clearing dense forests to slow fires and reduce fuel. This year, an Indigenous logging company was hired to clear several hectares near Banff, with timber sales funding ongoing land management. These fire breaks mark the beginning of new ecosystems that will require careful stewardship.

Decades of Fire Suppression Have Increased Risk

While wildfires are natural in the Rockies, decades of fire suppression have allowed forests to become thick tinderboxes. Fire plays a crucial role in releasing seeds and renewing forests, but the lack of controlled burns has made recent summers more dangerous. Prescribed burns, a traditional Indigenous practice, have been reintroduced since the 1980s to help manage forest health.

Community Efforts Aim to Reduce Fire Hazards

In Canmore, local resident Simon Bagshaw has focused on educating homeowners about wildfire risks, encouraging them to clear flammable debris and maintain their properties. However, engaging part-time residents remains a challenge. Meanwhile, Banff’s fire department is closely monitoring the situation, mapping vulnerable homes and planning for potential evacuations of thousands.

Jasper Wildfire Spurs Increased Local Preparedness

The impact of the Jasper fire has motivated many Banff residents to participate in incentive programs for fire prevention, including removing flammable trees and installing sprinklers. Fire Chief Keri Martens notes that community awareness has grown significantly since last year’s disaster.

Urgent Calls for Faster, More Inclusive Forest Management

Cliff White, former Parks Canada fire management coordinator, acknowledges progress but stresses the need for faster action and greater involvement of those affected by wildfires. “This is not Mickey Mouse stuff anymore,” he says, underscoring the seriousness of the situation.

With dry weather persisting and wildfire risks escalating, Banff is preparing for a challenging summer. Through fire breaks, community engagement, and lessons learned from Jasper, the region hopes to protect its residents and natural beauty from future devastation.

Saskatoon Forestry Farm Plans Major Bear Exhibit Expansion

Expansion Plans Proposed for Saskatoon Forestry Farm Bear Exhibit

Designs have been developed by the Saskatoon Forestry Farm Park and Zoo to expand and modernize their grizzly bear exhibit. The project, which will be presented to the Saskatoon city council, aims to provide a larger, more enriching space for the bears Koda and Mistaya.

Multi-Phase Project to Enhance Wildlife Habitats

The expansion will unfold in three phases. Initially, Koda and Mistaya will be relocated to a bigger enclosure within the zoo. Subsequent phases include plans to create updated exhibits for black bears and polar bears. Ultimately, the zoo hopes to introduce a full pack of 8 to 10 Arctic wolves alongside the three female wolves currently housed.

Future-Focused Exhibit Design to Accommodate More Species

Zoo operations manager Jeff Mitchell explained that the new bear exhibit is being designed with future animal displays in mind. “If we build a new exhibit, what other animals can we display?” Mitchell said, highlighting the zoo’s commitment to long-term planning and animal welfare.

Intensive Care Required for Bear Upkeep

The care of bears demands significant resources. Mitchell noted that up to three keepers are needed daily to tend to one or two polar bears. This year, nearly eight hours per day have been dedicated by a keeper specifically to enrich the bears’ environment, acknowledging the current space is below ideal standards.

Funding and Timeline Challenges Ahead

Funding for this ambitious project is hoped to come from the city, the zoo society, and fundraising efforts. Mitchell expressed confidence in community support but cautioned that construction and fundraising could take up to six years before completion.

New Animal Arrival Teased Amid Expansion Plans

While the expansion is underway, the zoo promises exciting news soon. “We have a brand-new animal coming out this week that we are excited to announce, but you’re going to have to wait for that,” Mitchell teased, keeping visitors eager for upcoming developments.

With these plans, the Saskatoon Forestry Farm Zoo is poised to enhance its role as a premier destination for wildlife education and conservation, offering improved habitats and new species for visitors to enjoy.

Central Waitlists Cut Surgery Delays, Study Finds

A new Canadian study shows centralized waitlists for hip and knee surgeries can drastically reduce delays—without needing more doctors or ORs.

Central Waitlists Could Drastically Reduce Surgery Wait Times, Study Shows

A new study is shedding light on a practical solution to one of Canada’s long-standing healthcare issues: long wait times for joint replacement surgeries. According to research published in the Canadian Medical Association Journal, centralizing waitlists for hip and knee replacements could significantly reduce delays—without increasing healthcare budgets or adding more operating rooms.

How It Works: Patients Share a Common Line

In most of Ontario today, patients are referred by their family doctor to a specific orthopedic surgeon. The problem? That surgeon might already have a long waitlist, while others nearby may have availability.

Dr. David Urbach, head of surgery at Toronto’s Women’s College Hospital and lead author of the study, compares it to standing in line at a busy grocery store.

“It’s like waiting at one checkout while another opens with no one in line,” Urbach said. “A centralized system would let patients move through one common line, cutting down wait times across the board.”

The Study: Three Models, One Clear Winner

Researchers analyzed data from over 17,000 patients across Ontario who were referred for hip or knee replacement in 2017. They compared three referral systems:

  1. Direct Referral: Patients are referred to a specific surgeon, who manages their own waitlist.
  2. Shared Surgery Pool: Patients are assessed by one surgeon but assigned to the next available one for surgery.
  3. Full Centralized Model: Both assessments and surgeries are assigned through a central system pooling all available specialists.

Model 3, the fully centralized system, consistently delivered the shortest wait times—cutting delays by up to 281 days in some regions.

Wait Time Reductions Across Ontario

In regions like Toronto, average wait times dropped from 257 to 146 days. In Western Ontario, the reduction was even more dramatic: from 536 to 255 days. Importantly, these gains were achieved without new funding, infrastructure, or staff.

The study confirmed that most of the delay comes after the initial consultation—during the wait for surgery. A centralized queue allowed higher-priority cases to be served more efficiently, improving equity and access across regions.

Changing the Culture of Surgical Care

While the benefits for patients are clear, adoption among surgeons has been mixed. Some fear losing control over their referrals or their patient rosters.

“Surgeons are understandably cautious,” Urbach said. “But the system isn’t about taking autonomy—it’s about working as a team to help patients faster.”

Dr. Olufemi Ayeni, president of the Canadian Orthopaedic Association, believes a shift is underway.

“There’s growing openness,” Ayeni said. “Surgeons don’t want to see patients suffering on long waits. It even raises concerns about increased opioid use.”

Already Working in Parts of Canada

The idea isn’t purely theoretical. Centralized referral systems are already reducing wait times in provinces like Quebec and Alberta, and e-referral networks in Ontario have shaved 54 days off orthopedic surgery delays, according to Dr. Mohamed Alarakhia of the eHealth Centre for Excellence.

Prince Edward Island has also begun implementing centralized management for joint replacement surgeries under Health PEI.

A Solution Hiding in Plain Sight

The study’s authors believe the answer to Canada’s orthopedic backlog is within reach—if more regions adopt shared-care models and centralized waitlist management.

“We don’t need more surgeries—we need smarter systems,” Urbach said. “If we can align incentives and create true team-based surgical care, patients will suffer less, and outcomes will improve.”

BC Hydro Faces Rising Demand, Drought & Trade Tensions

As demand surges, BC Hydro navigates drought, trade tensions, and energy imports. Is B.C. ready for its electric future?

British Columbia’s electricity provider, BC Hydro, is under mounting pressure as it navigates rising demand, persistent drought conditions, and an evolving trade landscape with the United States. After two decades of relative stability, the utility now faces an expected 15% surge in demand by 2030—raising questions about whether the province is prepared to meet this challenge.

Balancing Imports and Capacity: The Power Gap Debate

In 2024, BC Hydro imported a net 13,600 gigawatt hours—22% of total electricity sources. While the utility insists it has adequate power, critics remain unconvinced. Former B.C. environment minister Barry Penner argues the province is relying too heavily on electricity imports, mostly from the U.S., and warns that geopolitical uncertainties—such as potential policy shifts under a future Trump administration—could jeopardize that supply.

Weathering the Drought: Climate Impacts on Power Supply

BC Hydro attributes the spike in imports to ongoing drought conditions and a low snowpack since fall 2022. This has forced the utility to preserve reservoir levels, costing $1.5 billion in higher-than-expected import expenses. These conditions prompted an April 1 rate hike of 3.75%, with another expected next year.

Investing in the Grid: The Push for Long-Term Stability

To prepare for the future, BC Hydro has laid out a $36 billion, 10-year capital plan aimed at modernizing infrastructure, boosting distribution, and connecting new power sources. The Site C dam and 10 renewable energy projects—mostly wind—are expected to contribute a 16% capacity boost. Another call for power is planned for 2025, aiming to add 8% more.

Energy Efficiency and Domestic Growth: A Dual Strategy

While BC Hydro pursues capacity expansion, it also sees energy efficiency as a critical lever. The utility estimates its conservation efforts could save up to 2,000 gigawatt hours by 2030—enough to power 200,000 homes. Clean Energy Canada’s Mark Zacharias says rapid advancements in technology could help offset climate-related volatility and improve grid stability.

Skepticism Remains: Will Projects Arrive in Time?

Despite new project announcements, Penner notes that the first guaranteed delivery from the new renewable projects isn’t expected until 2031. Delays, underperformance, or cancellations could create shortfalls, a risk even BC Hydro has acknowledged.

Reducing Dependence on the U.S.: Toward Energy Sovereignty

Consensus is growing around one solution: stronger ties within Canada. BC Hydro leaders and energy experts agree that British Columbia must lessen its dependence on U.S. electricity markets by deepening east-west collaboration with provinces like Alberta. While BC Hydro still profits from U.S. energy trading—via its Powerex division—it sees domestic stability as key to long-term affordability and resilience.

Stay tuned to Maple News Wire for more updates on Canada’s energy future.

Canada Unveils 60-Man Roster for 2024 Gold Cup

Canada announces a 60-player preliminary roster for the CONCACAF Gold Cup, with key absences and rising talents ahead of the June 4 final squad deadline.

Canada Names Preliminary Squad for CONCACAF Gold Cup

Canada Soccer has announced its 60-man preliminary roster for the 2024 CONCACAF Gold Cup, marking the first step toward finalizing the national squad for North America’s premier tournament. The roster will be trimmed to 23–26 players by June 4, ahead of the competition’s kickoff on June 14.

Tournament Returns to Canadian Soil

The 18th edition of the Gold Cup will run from June 14 to July 6 across 14 stadiums in the U.S. and Canada, with Vancouver hosting Group B matches. This marks the third time the tournament is coming to Canada, following events in 2015 and 2023.

Canada to Face Honduras, Curaçao, and El Salvador

Canada, currently ranked 30th in the world, begins its campaign on June 17 against Honduras at B.C. Place. The team then travels to Houston for clashes with Curaçao on June 21 and El Salvador on June 24 at Shell Energy Stadium. The top two teams from each group will advance to the knockout stage.

Jesse Marsch Suspended for Group Stage Start

Head coach Jesse Marsch will be absent from the sidelines for Canada’s first two group matches due to a suspension from the CONCACAF Nations League. Assistant staff will lead the team until his return.

MLS Clubs Heavily Represented

The preliminary roster showcases a strong domestic presence, including six players from CF Montreal, five from Toronto FC, and four from the Vancouver Whitecaps. Notable inclusions are Victor Loturi, Richie Laryea, Jonathan Osorio, and Sam Adekugbe.

Davies, Millar Out Due to Injury

Canada’s captain Alphonso Davies is recovering from knee surgery and will not participate. Liam Millar also remains sidelined with a similar injury. Jonathan Osorio and Richie Laryea, however, are nearing returns from recent setbacks.

Rising Stars and European Presence

The roster features emerging young talents such as 17-year-old winger Shola Jimoh and 19-year-old Santiago Lopez. Also making headlines is Kwasi Poku, who earned recognition as the 2024 CPL Best Canadian U-21 Player before a record-breaking transfer to Belgium.

Veterans like Jonathan David and Stephen Eustaquio are included, though club commitments with Lille and Porto could cause scheduling conflicts due to the FIFA Club World Cup.

Canada’s Gold Cup History and Expectations

Canada has qualified alongside CONCACAF mainstays like the U.S., Mexico, and Panama. Historically, Canada won the Gold Cup in 2000 and has reached the semifinals on three other occasions. In the 2023 edition, the team exited in the quarterfinals after a penalty shootout loss to the U.S.

With a deep, talented pool and recent success, Canada eyes a strong run this summer.

Stay tuned to Maple News Wire for more on Canada’s Gold Cup journey.

April Inflation Slows to 1.6% Amid Carbon Tax Relief

Canada’s April inflation cooled to 1.6%, impacted by carbon price removal and ongoing U.S. tariffs. Here’s what it means for future interest rates.

April Inflation Cools as Carbon Price Cut Kicks In

Statistics Canada is poised to release April’s inflation report, with economists anticipating a significant dip in the annual inflation rate—from 2.3% in March to 1.6%. This decline follows the federal government’s move to remove the consumer carbon tax at the beginning of April, a decision aimed at easing cost-of-living pressures, particularly at the gas pump.

Gas Price Relief Signals Immediate Consumer Impact

The elimination of the carbon price translated into instant savings for Canadian motorists. With fuel costs making up a noticeable portion of household expenses, this relief likely played a critical role in April’s softer inflation reading.

Tariffs Take Hold—But Impact Remains Limited for Now

April also marked the first full month of tariffs introduced in the ongoing trade tensions between Canada and the United States. Despite concerns, RSM economist Tu Nguyen suggests that while some Canadians may have faced higher prices on select imports, such as automobiles, these shifts are not expected to significantly affect the headline inflation rate—at least not yet.

Eyes on June: Bank of Canada’s Next Move

The April inflation data will be a key input as the Bank of Canada prepares for its next interest rate decision on June 4. A cooler inflation environment could strengthen the case for a rate cut, though policymakers will also be monitoring wage growth, consumer spending, and global economic signals in the weeks ahead.

Stay tuned to Maple News Wire for the latest updates on Canada’s economic landscape.