Air Canada Reports September Load Factor And Updates Guidance

The average production estimate of 11 analysts surveyed by Bloomberg News was 32.7 million tons. The canola harvest in Canada, the worlds largest grower, may climb 15.9 percent to 16.0 million tons, up from Julys forecast of 14.7 million tons and surpassing the record output of 14.6 million tons in 2011, according to the report. Analysts in a Bloomberg survey forecast 16.4 million tons. Statistics Canada said it interviewed about 10,500 farmers from Sept. 3 to Sept. 10. The estimate excludes production in British Columbia and Canadas Atlantic provinces, which account for 2 to 4 percent of the national total, the agency said. There are record yields being reported for crops in many areas and the market will not be surprised if canola production exceeds 16 million tons, Chuck Penner, the owner of LeftField Commodity Research, said in a telephone interview from Winnipeg before the report. Its safe to say 2013 is going to be one to remember, he said. Higher Yields The average wheat yield is forecast to be a record 48.0 bushels per acre, Statistics Canada said today, up from 42.6 bushels per acre in 2012. While planting in many parts of Western Canada was delayed this spring by excess moisture and below-normal temperatures, farmers managed to sow most of their crop by mid-June, according to reports from Alberta , Manitoba and Saskatchewan, the largest grower of spring wheat.

Canada Lithium Announces Project Update

Today, at a symposium hosted by the Canadian Network for Maternal, Newborn and Child Health (CAN-MNCH), the Honourable Christian Paradis, Minister of International Development, outlined the impact of Canada’s leadership and underscored the need to continue to promote effective partnerships and innovative responses. “Thanks in part to the leadership of Prime Minister Harper the world has turned its attention to improving the health of women, newborns and children in developing countries; and we have seen extraordinary reductions in maternal and child mortality rates as a result,” said Minister Paradis. “Despite these advances many challenges still exist. Our government will continue to work with our outstanding Canadian partners to ensure we remain accountable, transparent and focused on delivering concrete results for those in need.” IMPACT 2025: Working Together for Global Maternal, Newborn & Child Health brings together close to 200 Canadian experts on maternal, newborn and child health to explore the successes, challenges and next steps for maintaining momentum and accelerating impact in improving the lives of the most vulnerable women and children. “Canada continues to be a leader in the global effort to see that women and children do not die or suffer needlessly from preventable causes,” said Dr. Dorothy Shaw, Chair of CAN-MNCH, a federally funded coalition of almost 70 Canadian non-governmental organizations, academic institutions and health practitioners working abroad in women’s and children’s health. “Over the past few years, evidence is showing that investments in maternal and child health are having a tremendous impact – millions more women, newborns and children are surviving and thriving today than a decade ago. We are achieving lasting progress and we must stay the course.” As a demonstration of Canada’s leadership in addressing the health of women and children, Prime Minister Harper recently hosted a United Nations event on women’s and children’s health where he announced $203.55 million to increase immunization against diseases; improve the delivery of primary health care to women and children; reduce childbirth and pregnancy deaths; and increase the accountability of public spending. Three years into Canada’s five-year, $2.85 billion commitment to the G8 Muskoka Initiative on Maternal, Newborn and Child Health, which included $1.1 billion in new funding and maintaining ongoing spending of $1.75 billion, Canada is on target to deliver on its entire commitment with more than 60 percent of the funding already disbursed and making a real difference in countries where maternal and child mortality are high. Canada’s focus is on ensuring access to better health services, addressing leading diseases and illnesses, and improving nutrition Follow us on Twitter: @DFATDCanada Contacts:

Canada Boosts Wheat Output Forecast as Crop May Surpass Record

Markets close in 5 hrs 44 mins Stock Watch Air Canada Reports September Load Factor and Updates Guidance Press Release: Air Canada 16 hours ago +0.4100 Third quarter load factor of 86.2% near all-time high Third quarter adjusted net income and EBITDAR (excluding the impact of benefit plan amendments in 2012) forecasted to be above last year’s MONTREAL , Oct. 3, 2013 /CNW Telbec/ – For the month of September, Air Canada reported a system load factor of 83.2 per cent, versus 84.9 per cent in September 2012 , and a system load factor for the third quarter of 86.2 per cent, versus a record of 86.3 per cent for the quarter last year. System traffic for September increased 1.9 per cent on a system-wide capacity increase of3.9 per cent. Air Canada reports trafficresults on asystem-widebasis, including Air Canada rouge, which began operations on July 1, 2013 , and regional airlinesfrom which Air Canada purchases capacity. “I am pleased to report solid traffic results for the month of September, led by strong gains of almost six per cent in the Pacific market,” said Calin Rovinescu, President and Chief Executive Officer. “For the third quarter, our load factor of 86.2 per cent is in line with last year’s all-time high for the same period and is a strong indication of the effectiveness of our capacity management strategy given the increase in industry capacity that came into the markets in the quarter. Based on our third quarter load factor, and coupled with the ongoing positive results of our cost transformation and revenue enhancement initiatives, we expect EBITDAR (excluding the impact of benefit plan amendments in 2012) and adjusted net income for the third quarter to be above last year’s level for the same period. “Our achievements in September are the result of our ongoing focus on the execution of our priorities. During the month, we successfully completed the refinancing of our 2010 notes, an important milestone in achieving our priorities as this significantly lowers our cost structure, strengthens our balance sheet and improves our credit profile. We also announced the implementation of an expanded commercial agreement with Air China, our valued Star Alliance partner, for enhanced codeshare and interline services that provide our customers seamless connections on a single itinerary for travel via our respective hubs to new destinations in China and in Canada . This year’s Ipsos Reid Business Traveller Survey released in September confirms that Canada’s frequent business travelers recognize Air Canada as their preferred airline by a growing margin – the widest margin versus our domestic competitors since 2008. This recognition by our most discerning customers reflects Air Canada’s award-winning product and our employees’ focus on taking care of our customers while transporting them safely to their destination,” concluded Mr. Rovinescu. Updated Outlook As a result of the impact of cost reduction initiatives across various expense line categories, including sales and distribution costs, food, beverage and supplies and other operating expenses, Air Canada now expects its third quarter 2013 adjusted CASM to decrease between 3.0 to 3.5 per cent when compared to the third quarter of 2012 (as opposed to the adjusted CASM decrease of 1.5 to 2.5 per cent projected in its August 7, 2013 news release). Taking into account the projected improvement in adjusted CASM for the third quarter of 2013, Air Canada now expects its full year 2013 adjusted CASM to decrease in the range of 1.5 to 2.0 per cent from the full year 2012 (as opposed to the 1.0 to 2.0 per cent decrease projected in its August 7, 2013 news release). Air Canada continues to expect its full year 2013 system and domestic ASM capacity to each increase in the range of 1.5 to 2.5 per cent when compared to the full year 2012. Air Canada expects that the Canadian dollar will trade, on average, at C$1.03 per U.S.

Canada’s Leadership in Women and Children’s Health Saving Lives Around the World

The mining operation is scheduled to resume at the end of the month. Crushing, grinding and concentrator circuits are fully operational and ramp-up to design capacity could be achieved quickly as the hydro-metallurgical commissioning advances. The kiln is operating at its design temperature of approximately 1,000 degrees and the kiln throughput is being systematically increased over 50%. The commissioning of the hydro-metallurgical circuit is ongoing, including the sulphate, neutralisation, lithium carbonate and purification circuits. The previously planned upgrades to the carbon dioxide process have been completed and lithium carbonate product currently in the system will be processed through the new circuit. Through the commissioning phase, the Company continues to monitor working capital levels. Product shipments to Tewoo in China are scheduled to resume at the end of October. About Canada Lithium Corp. The Company holds a 100% interest in the Quebec Lithium Project near Val d’Or , the geographical heart of the Quebec mining industry. It has completed construction and is in the commissioning phase of an open-pit mine and on-site processing plant with estimated capacity to produce approximately 20,000 tonnes of battery-grade lithium carbonate annually. Metallurgical tests have produced battery-grade lithium carbonate samples. A five-year off-take agreement for a minimum of 12,000 tonnes per year was recently signed with Tewoo-ERDC, one of China’s largest commodities traders.

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