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Marine mammal camp nurtures budding scientists

first_imgEducation | Environment | Oceans | Outdoors | Southcentral | WildlifeMarine mammal camp nurtures budding scientistsAugust 26, 2016 by Shahla Farzan, KBBI-Homer Share:Homer resident Lee Post helps a camper position sea lion flipper bones. (Photo by Shahla Farzan/KBBI)The phrase “summer camp” usually brings to mind images of toasted marshmallows, campfires and wobbly canoe trips.One thing that you won’t find at a typical summer camp: bones.For the kids at this year’s “Marine Mammal Mystery Camp,” bones are a pretty big part of the experience.“That’s a really strange shaped bone. It reminds me of a camel,” one camper said, giggling.You see, instead of making s’mores, these kids are putting together a sea lion skeleton.“That bone goes there, this one goes there,” said one camper as she carefully positions the flipper bones.Every year, the Center for Alaskan Coastal Studies in Homer hosts the five-day, four-night camp at Peterson Bay Field Station.Campers range in age from 9 to 15, but they have one thing in common: they’re seriously into marine mammals.Homer resident Lee Post, aka “Mr. Bone,” helps the campers arrange the 10-foot Stellar sea lion skeleton on three folding tables.“For a lot of these kids that’s the first time they’ve gotten to hold real bones or look at ’em,” Post said.The curved rib bones and knobby vertebrae look like weathered pieces of wood. Putting the skeleton together has been a little difficult, Post said, because some of the bones are missing.“It’s a total missing piece puzzle!” Post said.With a total of 20 kids, this is the biggest marine mammal camp they’ve had since it began in 2011.They do a variety of activities, but a whale watch is clearly the highlight of the week.The next morning, the campers pile onto the Torega, a 30-foot boat painted canary yellow.Captain Karl Stoltzfus carefully maneuvers around Gull Island in Kachemak Bay. The rocky little island is covered in dozens of seabirds.Local naturalist and one of the counselors leading the camp Axel Gillam points out the different seabirds.“The ones with the long weird necks? Those are called cormorants,” Gillam explains.Captain Karl scans the horizon, looking for the spray of a whale surfacing. Although humpback whales are the most common species in Kachemak Bay, he said that you can sometimes see orcas and other fin whales.“You never know what’s gonna be out here,” he said, squinting into the sun.In the back of the boat, Axel tells the campers what to expect.“What you guys want to look and listen for is the blow. So when the whale comes up to the surface, it’ll go ‘PSSHH’,” Gillam said, mimicking the sound of a whale.They peer through binoculars, jostling for a spot at the edge of the boat.“There she blows!” one camper shouts.The glossy dark skin of a humpback appears above the water for a few moments, then the whale dives again, showing its curved tail flukes.Axel lowered a special piece of underwater equipment called a hydrophone, or a small golf ball-sized microphone on a long cord, into the water.“Since we’re listening for humpbacks, it’s going to sound like a classic whale noise,” he said.The kids pressed their ears against a big speaker, straining to hear the sounds of the whale.The humpback appeared again in the distance, but the speaker was silent.Later in the week, the campers return to Homer. They clustered around a plastic folding table under a pop-up tent. They’re about to watch a sea otter necropsy, which is like an autopsy, but for animals.Adriana Ferello-Shehan, who works with the U.S. Fish and Wildlife Marine Mammal Management office, lays out her dissection tools on the table along with a pile of plastic vials.The otter on the folding table is 5 feet long from head to tail and about 80 pounds. He was found washed up on the Homer spit, but Adriana isn’t sure why he died.That’s what the necropsy is for.“Do you guys know what rigor is? Yeah, rigor mortis,” she said. “He’s still a little stiff, which is good because that means that he’s fresh.”Ferello-Shehan is a bit like a detective collecting evidence. She takes samples from a tooth, whiskers, fur, urine and feces. She also collects tiny pieces of the otter’s organs to send away for analysis, including his heart and liver.She carefully dissected the heart, revealing a huge blood clot.“I opened it up and you guys can see how much clotting there is,” she said, holding the otter’s heart in her hand.The kids leaned in for a closer look.Inside one of the otter’s main arteries near its legs is another big clot.“You see how thick it is. And you can actually feel the jello feel that we were feeling with those clots,” Ferello-Shehan said.Clotting in the heart and arteries is a good indication that this otter died from a bacterial infection, she said.Last year, several hundred otters died around Kachemak Bay from Streptococcus bacterial infections.She’s quick to point out that while this type of bacteria can be fatal for otters, humans can’t catch it.The Center for Alaskan Coastal Studies provides a variety of programs throughout the year for all ages. More information is available at this story:last_img read more

In pictures: Battersea Power Station’s Malaysia Square is a stunning new public space

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramHero Wars This game will keep you up all night! Hero Wars MoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailThe Chef PickElisabeth Shue, 57, Sends Fans Wild As She Flaunts Age-Defying FigureThe Chef PickUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementFungus EliminatorIf You Have Toenail Fungus Try This TonightFungus Eliminator In pictures: Battersea Power Station’s Malaysia Square is a stunning new public space Lynsey Barber whatsapp (Source: Battersea Power Station Development Company) A new part of the massive redevelopment at Battersea Power Station has been revealed for the first time.Plans for Malaysia Square, a huge public space at the entrance to the famous power station towers, were unveiled by the Malaysian Prime Minister Najib Razak and London Mayor Boris Johnson on a visit to the Malaysian capital Kuala Lumpur.Architect firm Bjarke Ingels Group won the competition to design the space, chosen by Malaysian owner Battersea Project Holding Company.The sweeping space will link the renovated building with the new Electric Boulevard development where a host of new homes, shops, cafes, bars and restaurants are being built.The space will have a two-level “urban canyon” with stairways and bridges inspired by the Malaysian landscape and includes limestone, granite, marble, sandstone, gravel and dolomite cladding to represent the materials found in the country and inspired by Gunung Mulu National Park.There will also be a hibiscus-shaped fountain in the centre of the space representing Malaysia’s national flower.(Source: Battersea Power Station Development Company)“Bjarke Ingels Group’s concept will ensure that this incredible project has a dynamic public square that offers Londoners and visitors an inspirational experience that will live long in the memory, “ said Johnson.“The innovative and thoughtful concepts underlying the creation of Malaysia Square honours the heritage and shared history of two nations to form a vibrant and exciting public space for residents and visitors to meet, mingle and shape the future together,” said Battersea Project Holding Company chairman Liew Kee Sin.”It is the shareholders’ fondest wish that this will become an enduring landmark which celebrates the best of global East-West collaborations while giving every Malaysian who visits this spot in Central London a true sense of belonging and reminder of home,” added Liew. Share whatsapp Monday 1 December 2014 10:48 am Show Comments ▼ Tags: Battersea Power Station bridges and landmarks London buildingslast_img read more

General Election 2015: Tories look to build on coalition record with right-to-buy extension

first_img More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comKansas coach fired for using N-word toward Black playerthegrio.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comInstitutional Investors Turn To Options to Bet Against‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comKamala Harris keeps list of reporters who don’t ‘understand’ her: Express KCS General Election 2015: Tories look to build on coalition record with right-to-buy extension whatsapp Share whatsappcenter_img Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunUndoComedyAbandoned Submarines Floating Around the WorldComedyUndoGameday NewsNBA Wife Turns Heads Wherever She GoesGameday NewsUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndoBridesBlushThis Is Why The Royal Family Kept Quiet About Prince Harry’s Sister BridesBlushUndoNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyUndo The Conservatives will today put Britain’s housing crisis at the centre of their election campaign, pledging to boost the supply of new homes and extend the right-to-buy policy to housing association tenants.Prime Minister David Cameron will use the official manifesto launch to argue that the Tories are “the party of working people”. He will point to the coalition government’s record of achieving all-time-high employment levels, boosting training for young people and encouraging saving. “My message to Britain is this,” he is expected to say. “We have come this far together. Let’s not waste the past five years. Now is not a time to put it all at risk, but to build on the progress we have made.” Building houses makes up a core part of the manifesto, with Cameron saying that a Tory government would provide the funding for 400,000 new homes on brownfield land over the next parliament. The plan would involve local authorities bidding for chunks of a   £1bn fund, using the money to clean up brownfield sites and develop the infrastructure necessary for homes to be built on the land. Additionally, Margaret Thatcher’s famous right-to-buy scheme – which allows tenants in council houses to buy their homes – will be extended to housing association tenants. The Conservatives say the plan will give 1.3m families the chance to own their own homes. Each home sold under the scheme will be replaced with a new property, the manifesto promises. To pay for the replacement homes, and to fund the brownfield projects, the Conservatives say they will force local authorities to sell off vacated properties “which rank among the most expensive third of all properties of that type in their area.” “No-one will have to move house,” the party promises. The plans were met with a mixed reception by housing activist groups last night. “Investing to get brownfield ready for development is welcome, but we would urge the Conservatives to focus this spending in the areas like London where house prices are the most unaffordable for working people,” said Priced Out’s Duncan Stott. “In order to get the homes we desperately need built, we must look to both brownfield and greenfield sites,” Stott added. However, the Tory manifesto will instead pledge to protect the greenbelt from developers. Yesterday Eric Pickles, who served in the coalition government, argued that Ed Miliband’s party would differ in its approach to greenbelt land. “Labour Party drops protection of greenbelt from its manifesto,” Pickles tweeted. “Was in 2010 but no mention in today’s manifesto.” Miliband denied the charge at a separate news conference, however, insisting that a Labour government would “put brownfield first and to restore the brownfield first principle.” The Conservatives’ plan to extend right-to-buy faces criticism over the potential taxpayer cost of the scheme, meanwhile. “We fully support the aspiration of homeownership but extending Right to Buy to housing associations is the wrong solution to our housing crisis,” said Ruth Davison of the National Housing Federation. “A very conservative estimate of this policy puts the cost to the tax payer of at least £5.8bn – no paltry sum in times of austerity and a figure that could grow into the tens of billions as more people become eligible,” she added. Visit our General Election poll tracker to see how each party is faring in the build-up to 7 May.   Show Comments ▼ Monday 13 April 2015 9:34 pm Tags: General Election 2015last_img read more

Best of the Brokers for 27 August 2015

first_imgThursday 27 August 2015 5:58 am by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUnify Health LabsRandy Jackson: This 3 Minute Routine Transformed My HealthUnify Health LabsSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunComedyAbandoned Submarines Floating Around the WorldComedyForbesThese 10 Colleges Have Produced The Most Billionaire AlumniForbesGameday NewsNBA Wife Turns Heads Wherever She GoesGameday NewsEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity Mirror Share whatsapp More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale Show Comments ▼center_img Best of the Brokers for 27 August 2015 Express KCS To appear in Best of the Brokers, email your research to [email protected] Partners reiterated its “buy” recommendation on the oil services firm, but cut its price target from 300p to 280p, following results for the first half. The company maintained its 4.5p interim dividend, which the broker said “further strengthens the case for Cape as an attractive income stock”.FENNERPanmure Gordon retained its “sell” rating on the manufacturer, warning that the share price may “fall a lot further” unless the board focuses on the balance sheet. It added: “We look forward to hearing how the management is planning to pay a dividend by finding new savings in the stationary cupboards.”GREEN DRAGON GASCantor Fitzgerald retained its “buy” recommendation on the gas firm after a “solid set of results” for the first half of 2015. The broker said the numbers, which included a 121 per cent increase in gross profit, showed “both financial and operational progress”, and reduced the target price from 832p to 812p. whatsapp Tags: NULLlast_img read more

Top names in health and medicine gather in Davos for World Economic Forum

first_img [email protected] FABRICE COFFRINI/AFP/Getty Images HealthTop names in health and medicine gather in Davos for World Economic Forum By Megan Thielking Jan. 21, 2019 Reprints Not in attendance: Top officials from the Trump administration. National Institutes of Health Director Francis Collins — who helped plan the scientific sessions and was scheduled to attend — canceled his trip due to the government shutdown. Collins was slated to participate in a number of panels, including a talk about the need for global guidelines that govern gene editing. President Trump, Secretary of State Mike Pompeo, Treasury Secretary Steven Mnuchin, and other U.S. leaders who were scheduled to attend the conference also canceled their trips.This year’s meeting features panels on progress in vaccine development, financial investment in global health, and the need for breakthroughs to treat Alzheimer’s disease. Global health experts will lead a panel on what needs to happen to confront new biological threats that haven’t yet been identified, dubbed Disease X. Several groups will also unveil new initiatives to address growing mental health challenges. About the Author Reprints Megan Thielking News Editor Some of the biggest names in science and medicine are in the Swiss ski resort town of Davos this week to rub elbows with world leaders and one-percenters — and talk about the future of health care.The annual meeting of the World Economic Forum, which gets underway Tuesday, draws in health, medicine, and biopharma leaders from across the globe. Novartis CEO Vasant Narasimhan, Moderna CEO Stéphane Bancel, Johnson & Johnson chief scientific officer Paul Stoffels,and AC Immune CEO Andrea Pfeifer will be in attendance. They’ll be joined by other top names in the field, including global health philanthropist Bill Gates, WHO Director-General Tedros Adhanom Ghebreyesus, and former CDC director Julie Gerberding.It’s not just biopharma royalty that’ll be in attendance. It’s also actual royalty: Prince William, the Duke of Cambridge, is taking part in a panel on promoting mental health across the globe.advertisement Tags Davos @meggophone last_img read more

Canadian pensions post solid gains in first quarter: RBC

IE Staff Resurgent global stock markets continued to lift pension assets in the first quarter, according to the latest survey from Toronto-based RBC Investor Services. Within the $460 billion RBC Investor & Treasury Services All Plan universe, defined benefit (DB) pensions earned 4.4% in the quarter ending March 31, 2013, bringing 12-month results to 9.4%. Budget 2021 revives tax issues from 2019 Facebook LinkedIn Twitter “On the back of optimism over the U.S. recovery, and central bank commitments to maintain loose monetary policies, investors built on last fall’s run, helping pension plans to maintain momentum,” said Scott MacDonald, head, pensions, insurance, and sovereign wealth strategy for RBC Investor & Treasury Services. Global equities continued to be the top performing asset class as pension plans kept pace with the MSCI World Index, gaining 10.0% for the quarter. “Strength came primarily from the U.S. market which set new highs, but also from Japanese stocks, up in excess of 20% in local currency terms. Pensions did well to match the World benchmark, as most were under exposed to the U.S. market,” noted MacDonald. Canadian equity markets also contributed to pension performance as the S&P/TSX Composite rose 3.3% in the quarter. “Advances were fairly broad but weakness in mining stocks drove the heavily weighted materials sector down 10.4%. However, most pension plans were under exposed and subsequently outperformed the index by 1.4% for the quarter,” said MacDonald. Bonds generated lacklustre returns as longer duration maturities were affected early in the quarter. Added MacDonald: “With recent events in Cyprus spooking some investors back to the bond market, Canadian pension plans earned 0.6% over the last three months in their fixed income allocation.” RBC Investor Services is part of Royal Bank of Canada’s (TSX:RY) Investor & Treasury Services segment. Related news Share this article and your comments with peers on social media Keywords PensionsCompanies RBC Investor Services Federal budget fails to support needed pension reform, retiree group says Canadian plan sponsors post positive quarter despite bond slump read more

Former fund rep committed fraud: BCSC

first_imgJames Langton Retail trading surge on regulators’ radar, Vingoe says Regulators in British Columbia have found that a former mutual fund rep violated securities law by carrying out an illegal distribution of securities in raising several million dollars for real estate developments, and that he committed fraud in the process. A hearing panel of the B.C. Securities Commission (BCSC) found that former mutual fund rep, Michael Jerome Knight, along with another man, Jeffrey Karl Wiegel, and their three companies (0772835 B.C. Ltd., Local 1661 Building Inc. and Almaval Building Inc.) sold securities without a prospectus and without being registered. It found that they illegally raised approximately $1.9 million by distributing securities in one of the companies to 31 investors; and that they illegally raised another $1.7 million by distributing securities in another company to 19 investors. DoJ launches task force to tackle Covid-19 fraud Imposters among us, CSA warns Facebook LinkedIn Twittercenter_img Related news Share this article and your comments with peers on social media Keywords FraudCompanies British Columbia Securities Commission The panel also found that Knight, who was registered as a mutual fund rep between 1992 and 1995, breached an earlier commission order that prohibited him from “engaging in acts in furtherance of a trade and investor relation activities”. And, it ruled that Knight “committed fraud by falsely claiming that a promissory note on behalf of Almaval would become secured by a mortgage on land located at 3701 West Broadway, Vancouver.” “Knight knew that Almaval did not own the property at 3701 West Broadway,” it said. “We find that Knight had subjective knowledge of the prohibited act, being the failure to tell the investors that Almaval did not own the property.” However, the panel dismissed the same fraud allegations against Wiegel. It found that the commission did not prove that charge in his case. “In oral submissions the executive director also admitted that he had not introduced any evidence that confirmed (or even suggested) that Wiegel had subjective knowledge of the deceit at the time it was made, other than his subsequent actions. Wiegel’s later actions do not necessarily equate to his having knowledge of the deceit at the time it was made. He may have had other motivations for his subsequent actions. We do not find that the executive director has satisfied the burden of proof in establishing Wiegel’s subjective knowledge of the deceit,” it said. The decision notes that Knight attended the hearing but did not testify or enter any other evidence in the proceedings. It says that the corporate respondents were given notice of the proceedings but did not attend. And, Wiegel gave testimony and tendered documentary evidence in his defence. The panel did not hand down sanctions in the case. It directed the two sides to make submissions on sanctions according to the schedule set out in the findings.last_img read more

Investors Group proposes fund mergers

first_img Horizons proposes merger of two cannabis ETFs Investors Group today announced several proposed changes to its fund lineup The proposals include fund mergers, an investment objective change and the creation of a new “Premium Series.” Additionally, Series Ti of Investors Capital Yield Class will be closed to all investments on Feb. 5, and terminated on May 15. New portfolios from IG Wealth Management Share this article and your comments with peers on social media CI Investments announces 30 fund mergers Keywords Fund mergersCompanies Investors Group center_img IE Staff Proposed fund mergers The proposed mergers involving Investors Capital Yield Class and Investors Short Term Capital Yield Class and Investors Premium Money Market Fund are expected to take effect at the close of business on May 15, subject to any necessary securityholder and regulatory approvals: Investors Capital Yield Class (all Series other than Series I and Series Ti) to merge into Investors Canadian Bond Fund; Investors Capital Yield Class – Series I to merge into iProfile Fixed Income Pool – Series I; Investors Short Term Capital Yield Class to merge into Investors Mortgage & Short Term Income Fund; and Investors Premium Money Market Fund to merge into Investors Canadian Money Market Fund – Premium Series. Investor Groups says the mergers will result in the potential for improved long-term performance in larger continuing funds. Proposed investment objective change Securityholders of Investors Managed Yield Class will be asked to approve a change of the fund’s investment objective that will change it from a specialty fund to a money market fund. If approved, the fund’s name will change to Investors Canadian Money Market Class. The renamed fund will aim to provide a stable current return through exposure to Canadian money market securities by investing in other money market mutual fund(s) and/or directly in money market securities. Initially, it is expected that the fund will invest in units of Investors Canadian Money Market Fund. The proposed changes will become effective on May 1, pending required approvals. Securityholder meetings Securityholders of Investors Managed Yield Class will be asked to approve the objective change of their fund, and securityholders of the merging funds/series, other than Investors Premium Money Market Fund, will be asked to approve the mergers, at special meetings to be held on April 20, in Winnipeg. Money market funds merger The Investors Group Funds Independent Review Committee (IRC) has approved the merger of Investors Premium Money Market Fund into Investors Canadian Money Market Fund. To facilitate this merger, a new “Premium Series” of Investors Canadian Money Market Fund is being created with the same fee structure as that offered by Investors Premium Money Market Fund into which Investors Premium Money Market Fund will be merged. This merger will be effective at close of business May 15, at which time the Premium Series of Investors Canadian Money Market Fund will be available for sale. Related news Facebook LinkedIn Twitterlast_img read more

Youngsters Laud YEP

first_imgYoungsters Laud YEP Office of the Prime MinisterJune 27, 2009 RelatedYoungsters Laud YEP RelatedYoungsters Laud YEP FacebookTwitterWhatsAppEmail Scores of young people turned out at the Runaway Bay HEART Academy in St. Ann on Thursday (June 25) for the St. Ann leg of the Young Entrepreneurs Programme (YEP) orientation session.The youngsters, who also journeyed from Trelawny, were eager to learn about how they could go about starting their own business and were excited about the YEP initiative that was conceived with them in mind.“I must say thanks to the Government of Jamaica for having launched this programme. I think it will be beneficial to young entrepreneurs,” said participant, Damion Johnson. He told JIS News that the session was very informative and “I think as young persons, we will be able to leave from here inspired to build Jamaica, because step-by-step, we can achieve our goals.”Another participant, Andre Yishu, lauded YEP as a positive move for young people. “I have always had this idea of starting my own business and this is a good channel to develop it and hopefully, one day, my business might be one of the top businesses in Jamaica,” he told JIS News, pointing out that his focus would be in the field of science in the area of chemical development.Meanwhile, Ocho Rios High School student, Shadae James, said she was desirous of starting a business in goat rearing to satisfy the national demand for goat meat. “The other day I was listening to the news and I heard that the Government would be placing great emphasis on goat rearing in the country so as to develop the sector and boost production of goat meat. I decided I would do goat rearing because it would benefit me and the country would benefit as well,” she stated.In addition, 22-year old Adrene Scarlett, noted that the session was very interesting and she was glad for the opportunity to learn how to start a business. “I benefitted from the session and hopefully, couple years down the line I will have my business plan and know exactly what I want to work on, whether it be food, art, or fashion,” she said, adding that whatever her line of business, it would market brand Jamaica.Project Co-ordinator for YEP, Wayne Beecher, told JIS News that he was pleased with the turnout at Runaway Bay, noting that it was the best attended session so far.“We are expecting 100 persons per location, per event, and that was not realised in all cases apart from the Half-Way-Tree session. Runaway Bay has been the best session with some 130 participants, who are all keen on going on to the next level,” he informed.He explained that the next level of the programme involved a three-day workshop “where participants would be given expert assistance in fine-tuning their business plans, as well as moving forward into the actual plan with business advisors and business mentors helping to coach them in the process”.Mr. Beecher is appealing to young persons across the island to seize this opportunity. “I want to tell them to get ready for the time of their lives, to come out and experience what is available to them. They are going to become part of an elite group because the world’s most successful persons are in fact entrepreneurs, so they need to come out and see what is possible and make the best use of it,” he encouraged.YEP was established by the Government to assist tertiary and secondary level school-leavers with an interest in operating their own business, to access training and financing.Under the programme, funding in the sum of $200 million will be made available by the Development Bank of Jamaica (DBJ) to Micro Finance Institutions (MFI) for on-lending to secondary and tertiary level school leavers with feasible business ideas.The island-wide orientation sessions, which started in Kingston on June 17, will run until July 9, and are being conducted by a team of business development experts from the Jamaica Business Development Corporation (JBDC), Heart Trust/NTA and Success Finance Company.Sessions continued today at the Port Maria Vocational Training Centre in St. Mary and tomorrow (June 27) at the Cornwall Automotive Training Institute, Montego Bay St. James; and Kenilworth HEART Academy, Sandy Bay, Hanover.center_img Advertisements RelatedYoungsters Laud YEPlast_img read more

Rebuilding and reforming in a year like no other

first_imgRebuilding and reforming in a year like no other The Morrison Government has this year passed major pieces of legislation to cushion the blow of the COVID-19 pandemic, keeping Australians in jobs, businesses in business and sparking a faster-than-anticipated economic recovery.Despite 2020’s challenges, the Government has also successfully delivered on its promises to cut red tape and improve Australia’s economic competitiveness, with reforms to the tax system, insolvency, financial services and foreign investment.In total, the Government passed more than 40 pieces of legislation in 2020 from the Treasury Portfolio, including:JobKeeperA key feature of the Government’s Economic Recovery Plan is the temporary JobKeeper Payment which has been an economic lifeline to millions of Australians, helping to keep businesses in business and Australians in jobs.Announced in March, legislated in April and extended in September, the JobKeeper Payment provided a critical economic lifeline for Australian businesses and their employees at the height of the pandemic.The first phase of JobKeeper supported more than 3.6 million workers and around 1 million businesses, with payments totalling nearly $70 billion in the six months to the end of September.RBA analysis released in November indicated that JobKeeper has saved at least 700,000 jobs.Cash Flow BoostThe Government’s economic response also provided direct cash flow support to small and medium businesses and not-for-profit entities to keep operating, pay their bills and retain staff.The Boosting Cash Flow for Employers measure was announced and legislated in March, with the first payments beginning in April.In total, this measure is expected to provide around 800,000 small business and not-for-profit entities with support totalling around $35.5 billion.The cash flow boost has offered vital support to businesses and not-for-profit entities weathering the COVID-19 crisis, ensuring they recover strongly and continue to grow.JobMaker Hiring CreditUnveiled in October’s Federal Budget, the $4 billion JobMaker Hiring Credit is helping younger Australians, hit particularly hard by the pandemic, get back to work.Parliament passed legislation in November, securing fixed payments of $200 per week for an eligible employee aged 16 to 29 years and $100 per week for an eligible employee aged 30 to 35 years, paid quarterly in arrears by the Australian Taxation Office.The JobMaker Hiring Credit is expected to support around 450,000 positions for young Australians.Tax ReliefFollowing the Federal Budget in October, the Government secured the passage of legislation through Parliament to deliver tax cuts for more than 11 million Australians, backdated to 1 July this year.By bringing forward Stage two of the Personal Income Tax Plan and providing the additional low and middle income tax offset, hard working Australians will have more money in their pockets at a time when they need it most.The legislation also recognises the importance of businesses in the economic recovery, by allowing those with a turnover of up to $5 billion to immediately deduct the full cost of eligible depreciable assets as long as they are first used or installed by 30 June 2022.Insolvency ReformsIn order to help businesses dealing with the economic impact of COVID-19, the Government successfully passed legislation to enact the most important changes to Australia’s insolvency framework in 30 years.The reforms introduce a new, simplified debt restructuring process, drawing on key features of the Chapter 11 bankruptcy model in the United States. They will apply to incorporated businesses with liabilities of less than $1 million – covering around 76 per cent of businesses subject to insolvencies today, 98 per cent of whom who have less than 20 employees.The measures take effect on 1 January 2021, reducing costs, cutting red tape and ultimately helping more small businesses to recover from the COVID-19 crisis.Foreign Investment FrameworkIn December, the Government passed legislation giving effect to the most significant reforms to the Foreign Acquisitions and Takeovers Act 1975 in nearly 50 years.This ensures Australia’s foreign investment framework keeps pace with emerging risks and global developments, including similar changes to foreign investment regimes in comparable countries.Responding to the Hayne Royal CommissionThe Government continues to bolster protections for consumers and small businesses as part of its response to the Hayne Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.In December, Parliament passed legislation addressing 20 recommendations, strengthening unsolicited selling (anti-hawking) provisions and preventing pressure selling, introducing a deferred sales model for add-on insurance products and making the handling and settlement of insurance claims a ‘financial service’.These changes are complemented by providing further clarity regarding the role of the regulators and enhancing the requirements of financial institutions reporting breaches of the law which will ensure significant misconduct is reported and investigated sooner.The Government’s legislative agenda in 2021 will continue to create jobs, rebuild our economy and secure Australia’s future. /Public Release. 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