Canada Markets open in 2 hrs 6 mins

Chemtrade Logistics Income Fund Declares May 2022 Distribution

  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • CGIFF

TORONTO, May 20, 2022--(BUSINESS WIRE)--Chemtrade Logistics Income Fund (TSX: CHE.UN) today announced that it has declared a cash distribution of $0.05 per unit for the month of May 2022 payable on June 27, 2022 to unitholders of record at the close of business on May 31, 2022.

Holders of units who are non-residents of Canada will be required to pay all withholding taxes payable in respect of any distributions of income by the Fund.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220520005013/en/

Contacts

Rohit Bhardwaj
Chief Financial Officer
Tel: (416) 496-4177

Ryan Paull
Business Development Manager
Tel: (973) 515-1831

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting

Latest Stories

  • Hong Kong in limbo 25 years after British handover to China

    HONG KONG (AP) — When the British handed Hong Kong to Beijing in 1997, it was promised 50 years of self-government and freedoms of assembly, speech and press that are not allowed on the Communist-ruled Chinese mainland. As the city of 7.4 million people marks 25 years under Beijing's rule on Friday, those promises are wearing thin. Hong Kong's honeymoon period, when it carried on much as it always had, has passed, and its future remains uncertain, determined by forces beyond its control. Before

  • UK's Whitbread taps head of pizza franchisee as new CEO

    51-year-old Paul, leaves London-listed Domino's Pizza Group at a time when the UK firm is firefighting sky high inflation after hedging itself against wheat prices which have soared due to the Ukraine conflict, while Whitbread navigates rising costs and labour shortages. Paul returns for a second stint at Whitbread in early January - he previously served as CEO at Whitbread's coffee chain Costa Coffee ahead of its sale to Coca-Cola in 2019 - succeeding Alison Brittain, who will retire at the end of the firm's 2023 fiscal year.

  • Sri Lanka sends 2 ministers to Russia for oil amid crisis

    COLOMBO, Sri Lanka (AP) — Sri Lanka is sending two government ministers to Russia to negotiate for fuel — one of the necessities nearly exhausted as a result of the Indian Ocean nation's economic collapse. The plan comes as Washington and its allies aim to cut off energy imports from Russia in line with sanctions over its war against Ukraine. Since its invasion in late February, global oil prices have skyrocketed, prompting a number of countries to seek out Russian crude, which is being offered

  • Australia prioritizes reducing emissions and cheaper EVs

    CANBERRA, Australia (AP) — Australia’s new government is putting climate change at the top of its legislative agenda when Parliament sits next month for the first time since the May 21 election, with bills to enshrine a cut in greenhouse gas emissions and make electric cars cheaper, a minister said on Wednesday. A bill will be introduced to commit Australia to reducing its emissions by 43% below 2005 levels by 2030 when Parliament sits on July 26, Minister for Climate Change and Energy Chris Bow

  • YUMY CANDY ANNOUNCES PERMANENT LISTING WITH ONE OF CANADAS LEADING PHARMACY CHAINS LONDON DRUGS AND HAS DOUBLED ORDER VOLUMES AFTER SUCCESSFUL TRIAL LAUNCH

    The Yumy Candy Company Inc., (CSE: TYUM) ("Yumy" or the "Company") Canada's first publicly traded low sugar, plant-based confectionery company, is pleased to announce that is has secured a permanent listing with London Drugs, one of Canada's leading retail pharmacy chains with 78 stores across Canada. In addition to pharmacy services, London Drugs locations also focus on the sales of non-perishable food items and a limited selection of grocery items. London Drugs Limited is owned by Georgia Main

  • Oil price cap could strike Russia's war chest - if enforced

    GARMISCH-PARTENKIRCHEN, Germany (AP) — Leaders of the world’s biggest developed economies are weighing a cap on the price of Russian oil meant to strike at the main pillar of the Kremlin's finances following its invasion of Ukraine — and to limit the havoc that high energy prices are wreaking worldwide. Details haven't been agreed at the Group of Seven summit in Elmau, Germany, but the basic idea would be to tie the price cap to the services that make trading oil possible. For instance, insurers

  • Airbnb makes ban on parties permanent

    Airbnb Inc said on Tuesday it will make permanent its ban on parties in homes listed on its platform after seeing a sharp drop in reports of unauthorized gatherings since the prohibition was put in place in August 2020. The company announced seeing a 44% year-after-year drop in the rate of party reports since implementing the policy. “This is an issue where I don’t know if I’d say there’s a finish line,” said Ben Breit, a spokesperson for the company, adding that Airbnb will keep working to address the issue.

  • Lockheed wins $2.3 billion contract to build Black Hawk helicopters

    Lockheed Martin Corp won a $2.3 billion contract to build at least 120 H-60M Black Hawks as the U.S. military continues its search for a next-generation helicopter, the Pentagon said on Monday. The five-year contract includes options for an additional 135 aircraft which will be available to the Army as well as other U.S. agencies and allies, pushing the potential total contract value to $4.4 billion with options, the Army said in a statement. "This multi-year agreement allows the Army to meet current and future capability needs through upgrades, remanufacturing, replacement, and technology insertions," said Colonel Calvin Lane, the Utility Helicopters project manager.

  • Is Blackline (TSX:BLN) Stock Worth Your Attention in 2022?

    Blackline Safety Corp. (TSX:BLN) stock has struggled in the year-over-year period, but there are some positives to glean from its earnings. The post Is Blackline (TSX:BLN) Stock Worth Your Attention in 2022? appeared first on The Motley Fool Canada.

  • Empty shelves, huge discounts as Russia's Decathlon stores close

    Empty shelves and prices discounted by as much as 70% greeted shoppers who visited Decathlon stores in Russia over the weekend before the French sports equipment retailer closed its stores on Monday, hampered by supply constraints. Scores of Western brands have left Russia following a backlash against its military incursion into Ukraine, with McDonald's, IKEA and Renault among the more high-profile. One shopper, Lyubov, said Decathlon's departure was "sad", but was adamant that Russian consumers would cope.

  • Hong Kong regulator sharpening scrutiny of derivatives after Archegos saga

    Hong Kong's financial watchdog is tightening oversight on derivatives markets after the collapse of Archegos Capital Management, a senior official at the city's Securities and Futures Commission (SFC) said on Tuesday. Archegos, a U.S.-based family office of investor Bill Hwang which had $36 billion in assets, blew up last year when it was caught short on highly leveraged trades and left global banks with $10 billion in losses. A majority of Hwang's exposure was built via a type of equity derivative traded over the counter, written by his bank counterparties, which helped him to circumvent rules requiring reporting positions to U.S. regulators.

  • Crypto crash threatens North Korea's stolen funds as it ramps up weapons tests

    The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, four digital investigators say, threatening a key source of funding for the sanctions-stricken country and its weapons programmes. North Korea has poured resources into stealing cryptocurrencies in recent years, making it a potent hacking threat and leading to one of the largest cryptocurrency heists on record in March, in which almost $615 million was stolen, according to the U.S. Treasury. The sudden plunge in crypto values, which started in May amid a broader economic slowdown, complicates Pyongyang's ability to cash in on that and other heists, and may affect how it plans to fund its weapons programmes, two South Korean government sources said.

  • Sony accelerates PC gaming push with Inzone gear

    Sony Group Corp said on Wednesday it's launching a new line of headphones and monitors targeting the growing PC market for videogames as the Japanese conglomerate looks beyond its core PlayStation console gaming audience. Sony, whose PlayStation 5 console has been affected by supply chain snarls, last month announced a pivot towards releasing more titles on PC and mobile devices as subscription services and tech advances open up gaming to a wider audience. The Inzone line, developed by a unit outside Sony's main gaming business, aims to leverage Sony's audio and display technology, areas where Sony is seen as retaining an edge even as the company has transformed itself into an entertainment behemoth spanning movies, music and games.

  • Customs officer union demands more hires as travel turbulence continues

    MONTREAL — The federal border agency is not moving fast enough to fill staff shortages that have bogged down airport traffic and revved up passenger frustration, says the union representing customs officers. "With no end in sight to delays affecting travellers at airports and border crossings across the country, it’s clear the Canada Border Services Agency (CBSA) has no plan to get travel back on track any time soon," the Customs and Immigration Union said in a release Monday. The federal govern

  • As COVID fears ebb, Japan readies for tourists from abroad

    TOKYO (AP) — The rickshaw men in Tokyo are adding English-speaking staff, a sure sign Japan is bracing for a return of tourists from abroad. Japan’s border controls to curb the spread of coronavirus infections began gradually loosening earlier this month. That's great news for Yusuke Otomo, owner of Daikichi, a kimono rental shop in Asakusa, an old district of Tokyo famous for its temples, quaint restaurants and rickshaw rides. He can barely contain his excitement. “Those were a hard three years

  • Hyundai Motor delays launch of upgraded Nexo hydrogen car - newspaper

    Hyundai Motor Co has decided to delay the launch of its upgraded hydrogen-powered Nexo SUV to 2024 due to issues with its fuel cell development, a South Korean newspaper reported on Wednesday, citing the auto parts industry. The South Korean automaker had planned to kick off mass production and sales of its new Nexo in the second half of next year, but has decided to postpone to 2024, the Seoul Economic Daily reported. The Nexo was launched in 2018.

  • Canadian dollar climbs to 2-week high as China eases COVID curbs

    The Canadian dollar strengthened for a third straight day against its U.S. counterpart on Tuesday as the easing of COVID-19 restrictions in China bolstered investor sentiment. Global shares were higher and the price of oil, one of Canada's major exports, rose following China's decision to ease some quarantine requirements for international arrivals, a move that raised hopes for stronger growth and a revival in demand for commodities. U.S. crude prices advanced 1.3% to $110.98 a barrel, while the Canadian dollar was trading 0.3% higher at 1.2844 to the greenback, or 77.86 U.S. cents.

  • Toyota misses May production target in third monthly shortfall

    TOKYO (Reuters) -Toyota Motor Corp's global production for the first five months of 2022 fell 9.7% short of its own target on average, raising questions about whether the Japanese automaker will be able to maintain its current target for the year. The world's largest automaker by sales said it produced 634,940 vehicles in May, 5.3% fewer than in the same month last year and short of its target of about 700,000. It was the third consecutive month that Toyota has missed its monthly goal.

  • CWC ENERGY SERVICES CORP. ANNOUNCES VOTING RESULTS OF ELECTION AND CHANGES TO ITS BOARD OF DIRECTORS

    (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that, at its annual general meeting of shareholders held June 28, 2022, each of the seven nominees proposed as a director and listed in CWC's management information circular dated May 24, 2022 were elected as directors to serve until the next annual meeting of shareholders or until their successors are elected or appointed. The results of the voting for each director are set out below:

  • New Investors: 1 Cheap Canadian Bank Stock to Start a TFSA Retirement Fund

    National Bank of Canada (TSX:NA) is a bargain Canadian bank stock that new investors should consider loading up for their long-term TFSA fund. The post New Investors: 1 Cheap Canadian Bank Stock to Start a TFSA Retirement Fund appeared first on The Motley Fool Canada.