Business
Business Spotlight – Calgary Start-Up Innovating Carbon Capture
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Let me begin by saying that the ecosystem of tech and green entrepreneurs in Alberta never ceases to amaze me. Respect to our educational institutions and accelerator programs that are supporting start-up ventures grow and get to a stage of market validation. The difficulty for some may be immediate revenue, but the potential for their technology and benefit to our planet are the key differentiators as we move towards a new green economy here in Alberta. The conversation may stay polarized on whether keeping all our eggs in the oil and gas basket is our best foot forward, but there’s promise in this province to be the driving force behind a sustainable energy future. In 2016, renewable energy sources made up only 12.3% of the total energy generated in Alberta, four years on we now find ourselves advancing towards our 2030 goal with vast improvements from highly skilled individuals, the question is, who is doing all the hard work?
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(2020 Emerging Leaders – Roger Mah receives accreditation from Clean50 )
We spoke with Roger Mah, a Calgary entrepreneur who co-founded his company ZoraMat Solutions Inc. His company specializes in carbon capture, bio gas purification and natural gas efficiency improvements. While studying for his bachelor’s degree in Applied Chemistry from the University of Calgary, he spent over a year working in research and development as part of his degree in the Alberta Oil Sands. He mentions:
“It gave me perspective on the economic engine that drives this province. That was part of what pushed me towards my Ph.D at the University of Calgary.”
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(From Left – CSO George Shimizu, CEO Roger Mah and CTO Jared Taylor)
After finishing his Ph.D in Chemistry, he received the opportunity to do a non-traditional postdoctoral fellowship, allowing Roger to work for the CMC Research Institute. Nearing the end of his term with the CMC Research Institute, an opportunity emerged for Roger to take this technology from his Ph.D supervisors group out of the lab and implement it to a possible commercial application. With backing from GreenSTEM, Roger and his co-founders, George Shimizu (CSO) and Jared Taylor (CTO), armed with support, experience and education, founded ZoraMat Solutions Inc in January of 2019.
“It has allowed me to really put 100% of my effort and time into this company and give it real a shot…”
GreenSTEM is an entrepreneurial pilot program for science, technology, engineering, math masters and Ph.D. graduates. The 2-year program enables entrepreneurship and provides a two-year commercialization runway for “deep technology” companies involved in science based innovation. You can learn more about their support for entrepreneurs here.
Repurposing Carbon
Carbon dioxide is a commodity with some value. It is used, both directly and as a feedstock, by a range of industries and has been for over a century. Most CO2 used by industries today is a byproduct of fossil fuel processes, often from natural gas or coal-fueled plants. Just like burning fossil fuels, it transfers CO2 from the geosphere to the atmosphere. If CO2 that is pulled out of the air became more plentiful and cheaper, we could see the change by competing with earthbound CO2 . In theory, any industry that uses carbon from under the ground for fuel, beverages, directly in industrial processes, as a feedstock to create other products, could switch to air-captured CO2 if the appropriate chemical process is taken. Airborne CO2 emissions have a low concentration which can make capturing large quantities a challenge. ZoraMat’s solution is to capture CO2 as part of the industrial process, preventing CO2 from entering the atmosphere.
What is Zoralite?
Roger defines Zoralite as a ‘specialty chemical’, similar in look to flour. On a molecular level is where the real chemical innovation plays its part. Zoralite acts like a molecular ‘sponge’ to soak up CO2 from emissions in the presence of water, which works as a competitive advantage for their team. Zoralite can capture CO2 from wet industrial flue gas streams then release the CO2 by applying heat or vacuum. In the efforts to exemplify the processes using the ‘sponge’ analogy, Roger mentions:
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(Zoralite)
“Zoralite soaks up the carbon dioxide, similar to soaking up the grime from a pan in your kitchen sink. Then, what comes through is a clean dish or your treated gas. Then you can use a process to squeeze out that sponge. So for us, what we do is we heat it up or we apply a vacuum. And by squeezing the sponge, all of that dirty water comes up, or for us, a pure stream of CO2.”
A simplified analogy but an extensive process that has taken years to develop. This technology could play a major role in what we see as a collaborative effort moving into a new green economy while re evaluating our industrial energy efficiency. The team at ZoraMat is actively seeking partnerships to help scale this process for larger commercial use. If you would like to learn more about ZoraMat or Zoralite, check out their website here or to contact their team.
“A New Dawn Towards A Clear Blue Sky” – ZoraMat Solutions Inc.”
For more stories, visit Todayville Calgary
Business
Trump: Tariffs on Canada, Mexico to take effect next week
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MxM News
Quick Hit:
President Donald Trump confirmed that a 25 percent tariff on all goods from Canada and Mexico will take effect next week. The move is intended to pressure the neighboring countries to take stronger measures against undocumented migration and fentanyl trafficking into the U.S. Despite discussions with Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum, Trump stated the tariffs will proceed as scheduled.
Key Details:
- The tariffs were initially set for February 4 but were delayed by 30 days following conversations with Trudeau and Sheinbaum.
- Trump emphasized the need for “reciprocal” tariffs, stating the U.S. has been “mistreated very badly” by many countries.
- Canada and Mexico have threatened to retaliate if the tariffs are implemented, which could impact over $900 billion in U.S. imports.
Diving Deeper:
President Donald Trump announced on Monday that his administration will move forward with imposing a 25 percent tariff on all Canadian and Mexican goods, effective next week. The decision aims to pressure the two countries into taking stronger actions to curb undocumented migration and fentanyl trafficking into the United States.
Speaking at a joint press conference with French President Emmanuel Macron, Trump stated, “The tariffs are going forward on time, on schedule.” This declaration comes as the new deadline approaches on March 4, after an initial delay of 30 days from February 4, following phone conversations with Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum.
During the press conference, Trump emphasized the broader issue of tariff reciprocity, claiming, “We’ve been mistreated very badly by many countries, not just Canada and Mexico.” He stressed the need for fairness in international trade, stating, “All we want is reciprocal. We want reciprocity. We want the same.”
Although Trump did not explicitly mention fentanyl or migration in his remarks, his statements apply additional pressure on Canada and Mexico to address his administration’s concerns. According to the White House, Trudeau informed Trump on Saturday that Canada has achieved a 90 percent reduction in fentanyl crossing the U.S. Northern Border and that Canada’s Border Czar will visit the U.S. next week for further discussions.
Together, Canada and Mexico account for more than $900 billion in U.S. imports, including vehicles, auto parts, and agricultural products. Both countries have indicated that they will retaliate if the tariffs are imposed. In a concession to inflation concerns, Trump noted that energy imports from Canada would face a lower tariff rate of 10 percent.
The move underscores Trump’s continued focus on securing U.S. borders and achieving trade reciprocity, while also setting the stage for potential trade conflicts with America’s closest trading partners.
Business
COVID lockdowns in Canada cost small businesses $60 billion in first year alone
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From LifeSiteNews
In the first year of COVID lockdowns Canada’s small-to-medium-sized businesses, many of which are family-run, lost a combined $60 billion in gross profit, according to recently released statistics.
On February 18 Statistics Canada released a report regarding “Borrowing, repayments and bankruptcies” from Ottawa’s Canada Emergency Business Account (CEBA) program, finding that businesses with less than $1.5 million in annual expenses “experienced a drop in gross profit, totaling a loss of nearly $60 billion” from 2019 to 2020.
The CEBA program was struck in March of 2020 to give out businesses affected by COVID lockdowns interest-free loans of up to $60,000. The loans came with strings attached, however, and had to be paid back by a certain date to only have to pay a partial amount back.
The report noted that the COVID lockdowns, which were imposed by all provincial governments as well as mandated by the federal government for the agencies it ran, from 2020 to most of 2021, were “most challenging for client-facing industries.
Businesses that reported the biggest declines in gross profit were “client-facing ones, such as food service and drinking places, hotels, and offices of dentists and physicians,” noted the report. Many of these are family-run businesses.
When it comes to bankruptcies, the report noted that they rose sharply from about mid-2022 to early 2024, notably coming after businesses had to start repaying the CEBA loans, which came due on January 18, 2024.
COVID vaccine mandates, as well as lockdowns, which came from provincial governments with the support of the federal government, split Canadian society. The mRNA shots have been linked to a multitude of negative and often severe side effects in children.
In many provinces, such as Alberta, small and medium-sized businesses also fought back via lawsuits against their governments and health agencies, which put in place COVID rules.
LifeSiteNews reported last November, that a class-action lawsuit on behalf of dozens of Canadian business owners in Alberta who faced massive losses or permanent closures due to COVID mandates, was given the go-ahead to proceed by a judge.
As a result of COVID dictates, many Canadians fought back, most notably in the form of the 2023 Freedom Convoy, which saw thousands of Canadians from coast to coast come to Ottawa to demand an end to COVID mandates in all forms. Despite the peaceful nature of the protest, Prime Minister Justin Trudeau’s government enacted the never-before-used Emergencies Act (EA) on February 14, 2022.
As reported by LifeSiteNews, the Freedom Convoy’s two main leaders Tamara Lich and Chris Barber face a possible 10-year prison sentence. LifeSiteNews reported extensively on their trial, the verdict of which will be released on March 12.
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