Intellect Design Arena strengthens its global sales leadership
Dave is a seasoned technology leader known for enabling organisations to transform their technology landscapes. Before joining Intellect, he served as Chief Technology Officer at Central One. His extensive career also includes over 25 years at Accenture, where he held several senior roles. His appointment at Intellect comes alongside 140+ talented professionals who joined Intellect after the successful transfer of Forge and Member Direct from Central One to Intellect in March 2025.
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Time of India
an hour ago
- Time of India
Canada likely to back new oil pipeline as project of national interest: PM Carney
A new oil pipeline to the British Columbia coast is highly likely to be included on a list of projects deemed to be of national importance to the Canadian government, Prime Minister Mark Carney told the Calgary Herald newspaper in an interview published on Sunday. "I would think given the scale of the economic opportunity, the resources we have, the expertise we have, that it is highly, highly likely that we will have an oil pipeline that is a proposal for one of these projects of national interest," Carney said in a Saturday interview. The prime minister said that it would be up to the private sector to make the proposal, rather than a "top-down approach" from the government, saying "we want this, we want that." Carney, who was attending the annual Calgary Stampede , also said that he supported a proposed C$16.5 billion ($12.14 billion) carbon capture system for Alberta's oil sands to merit a spot in the list of projects. Carney's comments come weeks after Canada's Senate passed a bill to fast-track approval for natural resource and infrastructure projects. The bill speeds up approval of projects deemed of national interest, potentially including mines and oil pipelines, and eliminates some trade barriers between provinces. Canada is the world's fourth largest oil exporter. The oil and gas initiatives being put on the list come as Canada is trying to wean itself from economic dependence on the United States, where it sends some 75 per cent of its exports.
New Indian Express
9 hours ago
- New Indian Express
Trump steps up push for trade deals before July 9 deadline, but hints at more time for talks
Trump imposed elevated tariff rates on dozens of nations that run meaningful trade surpluses with the US, and a 10% baseline tax on imports from all countries in response to what he called an economic emergency. There are separate 50% tariffs on steel and aluminum and a 25% tariff on autos. Since April, few foreign governments have set new trade terms with Washington as the Republican president demanded. Trump told reporters early Friday that his administration might be sending out letters as early as Saturday to countries spelling out their tariff rates if they did not reach a deal, but that the US would not start collecting those taxes until Aug. 1. On Friday night, he said he would 'probably send out 10 or 12' letters on Monday, each reflecting 'different amounts of money, different amounts of tariffs and somewhat different statements.' He and his advisers have declined to say which countries would receive the letters. Treasury Secretary Scott Bessent rejected the idea that Aug. 1 was a new deadline and declined to say what might happen Wednesday. 'We'll see," Bessent said on CNN's "State of the Union". "I'm not going to give away the playbook.' He said the US was 'close to several deals,' and predicted several big announcements over the next few days. He gave no details. "I think we're going to see a lot of deals very quickly,' Bessent said. Trump has announced a deal with Vietnam that would allow US goods to enter the country duty-free, while Vietnamese exports to the US would face a 20% levy. That was a decline from the 46% tax on Vietnamese imports he proposed in April — one of his so-called reciprocal tariffs targeting dozens of countries with which the US runs a trade deficit. Asked if he expected to reach deals with the European Union or India, Trump said Friday that 'letters are better for us' because there are so many countries involved. 'We have India coming up and with Vietnam, we did it, but much easier to send a letter saying, 'Listen, we know we have a certain deficit, or in some cases a surplus, but not too many. And this is what you're going to have to pay if you want to do business in the United States.' Canada, however, will not be one of the countries receiving letters, Trump's ambassador, Pete Hoekstra, said Friday after trade talks between the two countries recently resumed. 'Canada is one of our biggest trading partners,' Hoekstra told CTV News in an interview in Ottawa. 'We're going to have a deal that's articulated." Canadian Prime Minister Mark Carney has said he wants a new deal in place by July 21 or Canada will increase trade countermeasures. Hoekstra would not commit to a date for a trade agreement and said even with a deal, Canada could still face some tariffs. But 'we're not going to send Canada just a letter,' he said.
Time of India
a day ago
- Time of India
Trump energy bill cuts clean power funding and puts Canadian jobs at risk
US President Donald Trump signed the 'One Big Beautiful Bill Act' into law on Friday(July 4), delivering sweeping tax cuts and energy reforms that could derail North America's clean energy goals and deal a blow to Canadian jobs , investment, and climate plans. The legislation, more than 800 pages long, eliminates key clean energy subsidies introduced during Joe Biden 's presidency, including tax credits for home solar, heat pumps, and battery storage. It also scraps electric vehicle (EV) rebates of up to US$7,500 for new and US$4,000 for used vehicles starting October 1. Why it matters to Canada Much of Canada's EV manufacturing, mining, and battery production was built on the promise of North American integration, a shared supply chain supported by Biden-era climate incentives. The rollback of those supports could now stall projects and push companies to reconsider investments. 'This interrupts whatever delicate momentum we had toward stronger climate policy and a clean energy transition,' said George Hoberg, a climate policy professor at the University of British Columbia. Live Events Major wind and solar projects in the US that once had up to a decade to qualify for tax credits must now be operational by the end of 2027. Projects that haven't started construction within the next year may lose federal backing. This could impact over 28 gigawatts of planned projects, according to Atlas Public Policy. Canada's clean energy workers are watching closely. The Laborers' International Union of North America (LIUNA), which represents workers in both countries, warned the bill could destroy jobs. 'These solar and wind projects weren't abstract policy ideas,' said LIUNA general president Brent Booker. 'They were real job opportunities for real people.' Oil and gas get a boost While clean energy takes a hit, fossil fuels get a boost. Trump's bill expands offshore drilling leases and adds tax incentives for oil, gas, and coal companies. The American Petroleum Institute called it 'a win for American-made energy.' Canadian Prime Minister Mark Carney is pursuing his own energy agenda, including carbon capture projects and a zero-emission vehicle mandate. But experts say Trump's bill makes that harder. 'It doesn't make it impossible,' Hoberg said. 'But it increases the cost and political resistance.' Canada may still benefit Experts say US uncertainty could push clean tech companies north, especially those looking for hydropower and a stable climate policy. But Canada must act fast. Trade experts are urging Ottawa to offer investment incentives or waive tariffs on US parts to stay competitive.
