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Canada Commits $235 Million in New Aid to Ukraine at NATO Summit

  Foreign Affairs Minister Anita Anand speaks with the media as she arrives for a meeting of NATO foreign ministers in Brussels on Wednesday.  Canada has announced a significant new package of support for Ukraine, pledging $235 million in funding during meetings of NATO ministers in Brussels and The Hague. The announcement was made by National Defence Minister David McGuinty and Foreign Affairs Minister Anita Anand , underscoring Canada’s ongoing commitment to Ukraine’s defense against Russia’s war of aggression. Key Details of the Announcement $200 million will go toward NATO’s Prioritised Ukraine Requirements List (PURL) , a package of critical military capabilities sourced from the United States and valued at approximately USD $500 million . These capabilities were specifically identified by Ukraine as urgent needs to strengthen its defense. An additional $35 million will support NATO’s Comprehensive Assistance Package for Ukraine , which provides medical supplies,...
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Indigo Books & Music Inc. lays off staff as part of its strategic plan to return to profitability

 

Indigo Books & Music Inc. has laid off an unspecified number of staff as part of the retailer’s ongoing efforts to streamline its operations. The cuts stem from the company’s strategic plan meant to return the business to profitability. 

The company has seen several quarters of losses and a flurry of executive and board changes over the last year. Most recently, the company reported a net loss of $22.4 million in its second quarter, a period when founder and chief executive Heather Reisman retired and turned the business over to Peter Ruis. Ruis left the company abruptly in September, making way for Reisman to return.


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