Video thumbnail

Sher-E-Punjab Top 10 News

Stay updated with the latest happenings

All News

10 articles found

BC Hydro to acquire Island generation facility to meet growing electricity demand
Canada
August 5, 2026

BC Hydro to acquire Island generation facility to meet growing electricity demand

BC Hydro will acquire Island Generation, a generating facility in Campbell River, to secure electricity reliability on Vancouver Island and provide capacity to support British Columbia’s growing demand for electricity.Island Generation will provide capacity that can be called upon during periods of peak demand. The natural gas-fired facility has operated an average of approximately 15 days a year over the past five years when needed for reliability. It will continue to serve that role while BC Hydro expands its portfolio of clean and renewable-electricity resources to meet demand.“British Columbia’s economy is growing, communities are expanding, and more homes, businesses and industries are choosing clean electricity,” said Adrian Dix, Minister of Energy and Climate Solutions. “Securing Island Generation will help ensure we have capacity to support that growth, while making historic investments in conservation, renewables and the clean-electricity infrastructure our province needs.”The acquisition supports BC Hydro’s Powering Growth plan to conserve energy, optimize existing assets and build new clean and renewable electricity infrastructure. It ensures BC Hydro can continue delivering reliable electricity during peak demand periods as demand grows throughout the province. This investment complements BC Hydro’s recently announced first utility-scale battery energy storage project on Vancouver Island, which will strengthen regional reliability and support the Island’s long-term growth.“Today’s announcement is an important step for Campbell River and Vancouver Island, and one that council has strongly advocated for on behalf of our community,” said Kermit Dahl, mayor, Campbell River. “The Island Generation facility plays a critical role in supporting energy reliability during peak demand and emergencies, while helping create the certainty needed for future industrial investment. We support the continued expansion of clean and renewable energy alongside practical, dependable capacity that helps keep communities, businesses and critical services safe and supported as Vancouver Island’s energy system evolves.”Recent load forecasts show British Columbia will require additional capacity sooner than previously anticipated, driven by population growth, electrification and expanding industrial development. Island Generation will provide BC Hydro with a dependable and cost-effective source of capacity that can support the grid when demand is highest, like the coldest days of the year, while helping ensure reliability for homes, businesses and communities throughout the province.The 275-megawatt facility has supplied electricity to BC Hydro under a long-term electricity purchase agreement since 2002 and plays an important role in supporting reliability on Vancouver Island and the provincial electricity system. Island Generation supports 15 full-time jobs locally. Acquiring the facility will secure long-term access to this existing asset while BC Hydro continues advancing significant investments in new clean-energy resources and infrastructure.

Read More
Richmond RCMP warns people about impersonation calls
Canada
August 5, 2026

Richmond RCMP warns people about impersonation calls

Richmond RCMP is warning the public about an increase in reports of scammers posing as police officers to get bank and credit card information. In one recent file, a resident received a call from an unknown woman claiming to be a police officer and provided their credit card information, resulting in fraudulent transactions totalling more than $1,000.These scammers use caller ID spoofing, so the call often appears to come from a real police phone number. During the calls, victims are told that someone is trying to defraud them and that police need their card information to prevent further fraudulent activity.“Police will never ask for your credit card information, banking details, or PIN over the phone, for any reason,” said Corporal Eddie Chow of the Richmond RCMP . “If an agency calls you and asks you for financial information, hang up. You can always call back on a number you look up yourself. That check costs nothing and it stops the scam.”Richmond RCMP reminds residents:Treat any unexpected call asking for card, banking, or PIN details as a scam, even if the number looks legitimate. Caller ID can be faked.Verify before you act. Hang up and call back on a number you look up yourself. Do not trust the number given to you or that you see on display or on call records.Speak with a trusted friend or family member before you share anything.Pass it on. The more people who know how these calls work, the fewer of them succeed.If you’ve already shared your information:Call your bank or credit card provider right away. They can stop transactions, reverse charges, and replace your card.Report it to your police of jurisdiction.Report it to the Canadian Anti-Fraud Centre at 1-888-495-8501 or antifraudcentre.ca.These scams can target anyone. Talking about them with the people around you is the best protection.

Read More
US Justice department withdraws Business Review letter
World
August 5, 2026

US Justice department withdraws Business Review letter

The Justice Department’s Antitrust Division (“Antitrust Division”) is withdrawing a 1987 Business Review Letter issued to Institutional Shareholder Services . ISS is a foreign-owned proxy advisory firm that advises its clients on how to vote shares their clients hold for thousands of corporate governance questions each year. ISS and Glass, Lewis & Co. LLC (“Glass Lewis”), control more than 90 percent of the proxy advisory market and their clients’ holdings represent a significant ownership stake in the United States’ largest publicly traded companies. As a result of this concentration of market power, ISS and Glass Lewis have tremendous influence in corporate governance matters and, based on their market dominance, shape the policies of America’s largest companies.At the time that the Antitrust Division issued its 1987 BRL to ISS, proxy advising as an industry was in its infancy. The Letter noted that, based on the understanding that ISS “will offer advice only on matters relating to the exercise of voting rights on issues of corporate governance, and that ISS will not provide advice or engage in discussions with respect to the corporate operations or business activities,” the Department of Justice “ha[d] no current intention to bring action under the antitrust laws to enjoin the establishment and operation of ISS.” The 1987 BRL did not address corporate consulting services, which ISS now offers in connection with proxy voting services. ISS’s business model is now in direct conflict with the language in the Letter. ISS is, in fact, now providing advice with respect to corporate operations. In so doing, ISS wields enormous influence over corporate governance issues and policies through its proxy voting services.A Business Review Letter “states only the enforcement intention of the Antitrust Division as of the date of the letter, and the Division remains completely free to bring whatever action or proceeding it subsequently comes to believe is required by the public interest.” While the 1987 BRL stated the Division’s enforcement intention at that time, the Letter is not applicable to ISS’s current business practice of corporate consulting services. These issues were not a part of ISS’s original business model and are outside the scope of the 1987 BRL. Indeed, the representation at the time that ISS would not “provide or engage in discussions with respect to the corporate operations or business activities” may run contrary to ISS’s business model today. The 1987 BRL expressly qualified the Antitrust Division’s enforcement position to exclude services directed at corporate operations or activities. The Department of Justice has since clarified that while antitrust safe harbors for passive investment protect most beneficial corporate governance advocacy, they do not protect the use of commonly held stock in competitors to encourage market-wide reductions in output or other anticompetitive conduct. To be clear, proxy advising is not inherently problematic and the lawful exercise of voting rights pursuant to a proxy advisor recommendation does not raise competition concerns. The Antitrust Division is withdrawing its 1987 BRL because the Letter does not reflect ISS’s current business practices or the Antitrust Division’s view of those practices. Moreover, the concentration of market power in the proxy advisory market raises significant competition concerns.The Antitrust Division has previously recognized potential competitive concerns in the proxy advisory industry. In 2020, the Division filed comments before the Securities and Exchange Commission in a rulemaking process about proxy voting advice.The Antitrust Division is committed to protecting the rights of all Americans, including by promoting competition, reducing barriers to entry, and ensuring full compliance with the antitrust laws in the proxy advisory market.

Read More
B.C.’s future doctors start classes at SFU
Canada
August 5, 2026

B.C.’s future doctors start classes at SFU

People throughout the province are one step closer to strengthened community and primary care access, as the new Simon Fraser University (SFU) Stephens Family School of Medicine welcomes its first cohort of future doctors.“Like many places, B.C. is facing a shortage of doctors. But our plan is making a difference – connecting thousands of people to a family doctor or nurse practitioner every week and helping B.C. lead the country in doctors per person,” said Premier David Eby. “The long-term solution is to train more doctors here at home. The students starting at the SFU Stephens Family School of Medicine today will care for families through some of life's happiest and hardest moments. We need to keep building on the progress we’re making to ensure care is there for you when and where you need it." On Wednesday, Aug. 5, the cohort of 48 medical students have their first day of orientation in the school of medicine’s interim learning space.A curriculum for communityThe new students will complete a curriculum designed to advance primary care and train doctors to provide team-based, person-centred care to serve diverse communities throughout B.C.The three-year program will deliver a comprehensive medical education through a year-round curriculum, including summer studies. Students will graduate one year quicker than many other medical schools so they can deliver care sooner.Students will graduate with a doctor of medicine degree, and start their residencies as early as 2029. While the focus of the curriculum is community and primary care, students will be well equipped to pursue residencies across the full range of specializations.“We’re taking action to train more doctors right here at home, so British Columbians can get the care they need, when and where they need it,” said Jessie Sunner, Minister of Post-Secondary Education and Future Skills. “I want to congratulate the inaugural class of medical students as they begin their journey to becoming doctors. SFU Stephens Family School of Medicine, and the students committed to receiving their medical education and serving the community, will strengthen the entire health-care system, improving access to primary care throughout B.C.”While 48 medical students make up the inaugural 2026 class, the student cohorts will increase in phases, reaching a steady state of 120 students a year by 2035.

Read More

TRENDING NOW

Latest News

Stay updated with breaking news and trending stories

Sher-E-Punjab Podcast

PLAYLISTS

Advertisement Space

Sher-E-Punjab Popular Podcast

Podcast (Shows audio)

shape
shape
4.8★ Rating • 50K+ Downloads

Download Our Mobile App

Stay connected with the latest news, podcasts, and updates. Get real-time notifications and enjoy seamless content on the go.

Real-time Updates
Offline Reading
Push Notifications
Mobile App Download
Loading...
Subscribe

Get Weekly Updates

Join 50,000+ subscribers getting the latest insights delivered to their inbox.

A
B
C
D
+50K subscribers
✓ Weekly updates
✓ No spam
✓ Unsubscribe anytime