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Canadian Investors Endorse Sustainable Finance

Business Wire



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Institutional investors welcome new report from Canada’s Expert Panel
on Sustainable Finance

TORONTO–(BUSINESS WIRE)–#ClimateChange–Institutional investors are endorsing sustainable finance and welcoming
a new
from Canada’s Expert Panel on Sustainable Finance.

The Expert Panel’s report includes fifteen recommendations to support
the growth and development of sustainable finance in Canada. Sustainable
finance refers to capital flows, risk management activities, and
financial processes that incorporate environmental and social factors as
a means of promoting sustainable economic growth and the long-term
stability of the financial system.1

The report has been welcomed by the Responsible Investment Association,
a network of financial professionals and investment organizations
representing more than C$12 trillion in assets under management.

“Prudent investors are always mindful of big changes that are happening
in the market, and climate change is one of the biggest drivers of
change in the global economy today,” said Dustyn Lanz, CEO of the
Responsible Investment Association. “Investors need reliable information
and a clear policy framework to better understand how climate change and
other societal challenges could impact their portfolios. They also need
a stable financial system in which to operate. The Expert Panel’s report
marks an important step forward on all of those fronts.”


The Co-operators Group Ltd.
“Climate change is the defining
issue of our times. It has and will continue to impact the financial,
social and environmental prosperity of current and future generations.
As risk experts, we cannot turn a blind eye,” said Rob Wesseling,
President and CEO of The Co-operators Group Limited. “Our mission is to
provide financial security for Canadians and their communities, and
therefore we must engage on topics that risk their security. We fully
support the findings of the Expert Panel on Sustainable Finance,
believing that Canadian financial institutions play a pivotal role in a
smart transition to a sustainable, low-carbon economy.”

University of Toronto Asset Management Corporation
“We fully
support the final report of the Expert Panel on Sustainable Finance, and
we strongly believe in the benefits of integrating ESG considerations
into our investment decisions,” said Daren M. Smith, President and Chief
Investment Officer of University of Toronto Asset Management
Corporation. “In order to do this, we need high quality, reliable data,
and the panel’s recommendation to establish a Canadian Centre for
Climate Information and Analytics would be an innovative step in this
regard. Like the panel, we believe ‘climate change opportunity
and risk management need to become business-as-usual in financial
services, and embedded in everyday business decisions, products and
.’ In our view, this is just smart investing.”

Addenda Capital
“Addressing the long-term impacts of climate
change and other sustainability challenges urgently requires courageous
leadership from the Canadian business community,” said Roger Beauchemin,
President and Chief Executive Officer of Addenda Capital. “The Expert
Panel has delivered 15 recommendations that would help the financial
sector further embed climate change and other sustainability
considerations into everything we do. We call on our peers to join us in
embracing these recommendations.”

NEI Investments
“We’ve long considered it our duty as
responsible investors to help clients build a more sustainable future on
the path to achieving their goals,” said Frederick M. Pinto, Senior Vice
President and Head of Asset Management with NEI Investments. “The
recommendations from the Expert Panel provide a strong foundation for
doing that, with the potential for new investment opportunities and risk
management tools. We intend to support and participate in their
implementation in whatever ways make sense for our clients, their
communities, and for Canada.”

RBC Global Asset Management
“Climate risk is one of the most
pressing issues of our time, affecting almost all sectors and
industries,” said Melanie Adams, VP & Head, Corporate Governance &
Responsible Investment with RBC Global Asset Management. “We
congratulate Canada’s Expert Panel on Sustainable Finance on its
comprehensive report and in particular, its endorsement of thoughtful,
consistent and comparable climate-related disclosures to enable
investors to properly assess the climate-related risks and opportunities
faced by companies.”

AGF Management Ltd.
“There’s never been more evidence that
sustainability can create long-term value for shareholders, while also
contributing to a better environment, healthier communities and good
corporate governance practices,” said Kevin McCreadie, Chief Executive
Officer and Chief Investment Officer of AGF Management Limited. “As a
leader in the development of sustainable investing initiatives, a
sustaining member of the Responsible Investment Association (RIA) and
signatory to the UNPRI, we continue to support the growth and
development of sustainable finance in Canada through our participation
in developing standards and best practices within our industry.”

Desjardins Group
“As Canada’s leading cooperative financial
group, Desjardins is proud to contribute to Canada’s sustainable finance
market and was pleased to offer input to the Expert Panel on Sustainable
Finance,” said Gregory Chrispin, Executive Vice-President, Wealth
Management and Life and Health Insurance with Desjardins Group.
“Desjardins has been offering responsible investment funds to its
members and clients since 1990, an offer that has been evolving ever
since to better meet investors’ needs. We firmly believe that
sustainable finance is an important lever to Canada’s sustainable

About the Responsible Investment Association
The Responsible
Investment Association (RIA) is a Canadian network of more than 300
institutional investors and investment professionals who practice and
support responsible investing. The RIA’s institutional members
collectively manage more than $12 trillion in assets. To learn more
about the RIA, please visit

1 Government of Canada (2018). Interim Report of the Expert Panel
on Sustainable Finance.


Media Enquiries
Nick Buccheri, Manager, Communications and
Digital Media, RIA
(416) 461-6042 x5

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Business Wire

Cambodia Junior National Canoe Team Members to Visit Japan as Part of Japan Exchange Program JENESYS 2019

Business Wire



Reading Time: 2 minutes

TOKYO–(BUSINESS WIRE)–Sixteen members of the Cambodia junior national canoe team are scheduled to visit Japan from September 17–25 as part of the Japan Exchange Program JENESYS 2019 promoted by the Ministry of Foreign Affairs (MOFA).

We invite the group to enjoy canoe-related tours and lectures in Tokyo, and then to visit Ishikawa Prefecture to participate in the 15th Japan Canoe Sprint Junior/Junior Youth Komatsu Tournament, joint practice with the Japan national team, a social gathering with high school students, and other activities, all in an effort to promote personal exchange between Japan and Cambodia through sports. Our aims with these activities are to effectively share the appeals of Japan and to further promote the future development of the sports industry in Cambodia and friendly relations between Cambodia and Japan.

We hope that participants in this program will proactively share the appeals of Japan and other information after returning to Cambodia.

For reference: Japan Exchange Program JENESYS 2019

People with the ability and future mission to deliver messages between Japan and the countries and regions of Asia and Oceania are invited and dispatched in order to promote an understanding of Japan with regard to politics, economics, society, culture, history, foreign policy, and the like, and pro-Japanese people and experts on Japan are discovered in order to strengthen Japan’s message to other countries and expand Japan’s diplomatic foundation by having the guests and dispatchees take the initiative to spread information about the diplomatic stance, appeals, and other facets of Japan.


Tuesday, September 17

Arrive in Japan, orientation, lecture by the Japan Canoe Federation, etc.

Wednesday, September 18

Tour Sea Forest Waterway, etc.

Thursday, September 19

Travel to Ishikawa Prefecture

Courtesy visit to the Komatsu City Office

Joint practice with the Japan national team

Friday, September 20

Visit Komatsu Ltd.

Social gathering

Saturday, September 21–Monday, September 23

Participate in the 15th Japan Canoe Sprint Junior/Junior Youth Komatsu Tournament

Tuesday, September 24

Travel to Tokyo

Presentation of outcomes, etc.

Wednesday, September 25

Depart Japan


Inquiries about the program

JENESYS 2019 ASEAN + East Timor Project Implementing Agency

JTB Kasumigaseki Operations Department

Contact: Junji Mise (Mr.), Yutaka Shintani (Mr.)

TEL: +81-3-6737-9447

Weekdays: 9:00-18:00 (Closed on weekends and holidays)


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Business Wire

CommerceWest Bank Supported Caterina’s Club and Provided Warm Meals, Affordable Housing, and Job Training Assistance to Low-Income Families

Business Wire



Reading Time: 2 minutes

IRVINE, Calif.–(BUSINESS WIRE)–CommerceWest Bank (OTCBB: CWBK) supported Caterina’s Club and provided warm meals, affordable housing and job training assistance to low-income families throughout Southern California. Caterina’s Club “Feeding Kids in America” program feeds over 25,025 children a week. The “Welcome Home” program provides qualified families, living in the dark environment of a motel, with the necessary resources to move into the safety and stability of an apartment or condo.

Chef Bruno Serato commented, “It’s time to stop talking about it and do something about it.” He continued, “Thank you all so much for supporting Caterina’s Club, the children, and families we serve. This year’s gala wouldn’t be a success without grand supporters such as CommerceWest Bank. Thank you!”

Ivo A. Tjan, Chairman and CEO of CommerceWest Bank, stated, “A lot of families take for granted how meaningful it is to sit down and have a nightly dinner. It is disheartening to think of, especially when thousands of children in our community go to bed hungry, without an adequate roof over their head.” He continued, “We are excited to be able to help Chef Bruno Serato provide warm meals and affordable housing to underprivileged children and low-income families in our community.”

CommerceWest Bank is a California based full service commercial bank with a unique vision and culture of focusing exclusively on the business community. Founded in 2001 and headquartered in Irvine, California. The Bank serves businesses throughout the state with an emphasis on clients in Orange County, San Diego, Los Angeles, and Riverside Counties. We are a full service business bank and offer a wide range of commercial banking services, including concierge services, remote deposit solution, online banking, mobile banking, lines of credit, working capital loans, commercial real estate loans, SBA loans, and cash management services.

Mission Statement: CommerceWest Bank will create a complete banking experience for each client, catering to businesses and their specific banking needs, while accommodating our clients and providing them high-quality, low stress and personally tailored banking and financial services.

Please visit to learn more about the bank. “BANK ON THE DIFFERENCE”


Ivo A. Tjan, Chairman and CEO

Work Phone: 949-474-5278 (Media Only)

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Business Wire

Cabinet painting is a cost-effective way to modernize the kitchen and increase property value.

Business Wire



Reading Time: 2 minutes

CALGARY, Alberta–(BUSINESS WIRE)–Kitchen renovations have one of the highest returns on investment compared to other home renovations. A modern, updated kitchen will add value to a property and make it more attractive to buyers. The largest financial component of a kitchen renovation is the cabinetry.

“Homeowners can experience huge savings on their kitchen renovation when they choose cabinet painting over a full cabinet replacement,” said Chris White of New Look Cabinets in Calgary. “Cabinet painting can make the kitchen look like new, at a fraction of the cost.”

The best advice is to hire Calgary cabinet painters for this project, but homeowners can attempt to DIY cabinet painting. Here are some instructions on how to paint kitchen cabinets.

  1. Choose paint: Choose a paint that will best adhere to your cabinet material and give lasting durability. You should also consider what paint colour will best suit your home’s overall design and your personal taste.
  2. Prepare the kitchen: Before starting, remove everything from the kitchen and cabinets that might get in the way.
  3. Remove cabinet doors, drawer fronts, and hardware: Take everything off the cabinet boxes and label it for easy reassembly.
  4. Clean and sand the surfaces: Wipe down all surfaces with a grease-removing cleaner. Then lightly sand all doors, drawer fronts and side panels. Remember to wipe off the dust afterwards.
  5. Prime and paint the cabinets: You can choose to paint them using a brush, compressor and paint gun, or have them painted by Calgary cabinet painters in a professional spray shop. Be sure to apply a primer and allow it to completely dry before putting on the top coat.

Homeowners should be aware that cabinet painting is a time consuming, detail-oriented job. If you are not comfortable with your ability, or you do not have enough time to complete the job properly, you should consider hiring professional cabinet painters.

“We have the experience, skills and equipment to get the job done efficiently and with seamless, professional results,” said White. “If you can’t commit the time, it is well worth the money to have your kitchen cabinets painted by a professional company.”

New Look Cabinets & Interiors is a RenovationFind Certified Painting Company in Calgary. They specialize in interior painting, as well as cabinet painting, cabinet refinishing and furniture refinishing. They offer superior workmanship, excellent customer service and are passionate about every project they work on. For more information, or for help with your next paint job, visit


Chris White


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