Ottawa

Government to the Rescue, Again

Retrieved on: 
Tuesday, December 1, 2020
Fiscal policy, Government debt, Government

If debt financing costs remain low, the federal government can manage but theres no doubt that the COVID-19 crisis will constrain federal finances for decades to come.

Key Points: 
  • If debt financing costs remain low, the federal government can manage but theres no doubt that the COVID-19 crisis will constrain federal finances for decades to come.
  • The government deserves credit for expediency of the measures enacted in short order at the beginnings of the pandemic.
  • Federal government debt is forecast to be manageable despite the significant increase as the government can finance these new measures at rock bottom rates.
  • There is a risk, however, that bond yields could rise above what the government expects, given the massive increases to government debt issuance in Canada and globally.

Purplefarm Genetics Granted Licenses for Cannabis Cultivation, Processing and Federal Medical Sales

Retrieved on: 
Monday, November 30, 2020
Medicinal plants, Entheogens, Euphoriants, Herbalism, Health sciences, Branches of biology, Psychoactive drugs, Cannabis, Cannabis smoking, Medical cannabis, Legality of cannabis

JOHNSTOWN, Ontario, Nov. 30, 2020 (GLOBE NEWSWIRE) -- Purplefarm Genetics Inc. a cannabis company in Johnstown, Ontario, is proud to announce that it has been awarded licenses from Health Canada pursuant to the Cannabis Act for Cultivation, Processing, and Federal Medical Sales.

Key Points: 
  • JOHNSTOWN, Ontario, Nov. 30, 2020 (GLOBE NEWSWIRE) -- Purplefarm Genetics Inc. a cannabis company in Johnstown, Ontario, is proud to announce that it has been awarded licenses from Health Canada pursuant to the Cannabis Act for Cultivation, Processing, and Federal Medical Sales.
  • Purplefarm Genetics focus is to grow unique cultivars for the Canadian medical and recreational market: cultivars that are consistently cannabinoid and terpene rich.
  • With a commitment to transparency and cultivation excellence, the Purplefarm Genetics team is excited to share with the Canadian market what can be achieved with cannabis flower when no shortcuts are taken.
  • In this same vein, we are excited to introduce something new to Canadian patients and consumers said Mitchell Alswiti, Founder of Purplefarm Genetics.

REMINDER - Canada’s unions to respond to federal government’s fiscal update

Retrieved on: 
Monday, November 30, 2020
Yussuff, Canadian Labour Congress, Trade unions

OTTAWA, Nov. 30, 2020 (GLOBE NEWSWIRE) -- Canadas unions will be responding to the federal governments Economic and Fiscal Snapshot, scheduled for today.

Key Points: 
  • OTTAWA, Nov. 30, 2020 (GLOBE NEWSWIRE) -- Canadas unions will be responding to the federal governments Economic and Fiscal Snapshot, scheduled for today.
  • Canadas unions have been calling for targeted federal investments to help workers and their families get through the pandemic and to ensure a swift economic rebound and recovery.
  • Hassan Yussuff, President of the Canadian Labour Congress, will be available to comment once the update is released.

Canada’s actuaries support a standard and open framework for disclosure of ESG risks

Retrieved on: 
Monday, November 30, 2020
Finance, Money, Economy, Actuarial science, Ethical investment, Actuary, Ethical banking, Auditing, Environmental, social and corporate governance, ESG Quant

Improved ESG disclosure will help change behaviours.

Key Points: 
  • Improved ESG disclosure will help change behaviours.
  • It will also strengthen investment decision-making as stakeholders will be better able to assess risk exposures.
  • As Canadian businesses and governments work to rebuild the economy, this is the right time to introduce transparency in financial reporting mechanisms and disclosure requirements.
  • Improved disclosure and common standards for financial reporting will allow actuaries to better assess the financial impacts of ESG risks on insurance companies and pension plans.

Canada’s unions to respond to federal government’s fiscal update

Retrieved on: 
Friday, November 27, 2020
Yussuff, Canadian Labour Congress, Trade unions

OTTAWA, Nov. 27, 2020 (GLOBE NEWSWIRE) -- Canadas unions will be responding to the federal governments Economic and Fiscal Snapshot, scheduled for Monday, November 30.

Key Points: 
  • OTTAWA, Nov. 27, 2020 (GLOBE NEWSWIRE) -- Canadas unions will be responding to the federal governments Economic and Fiscal Snapshot, scheduled for Monday, November 30.
  • Canadas unions have been calling for targeted federal investments to help workers and their families get through the pandemic and to ensure a swift economic rebound and recovery.
  • Hassan Yussuff, President of the Canadian Labour Congress, will be available to comment once the update is released.

NAV CANADA Announces Commencement of Bondholder and Noteholder Consent Solicitation

Retrieved on: 
Friday, November 27, 2020
Nav Canada, Solicitation, RBC Dominion Securities, Air navigation service provider, Human activities

The proposed amendments are described in detail in the Joint Consent and Proxy Solicitation Statement dated November 27, 2020 (the Circular).

Key Points: 
  • The proposed amendments are described in detail in the Joint Consent and Proxy Solicitation Statement dated November 27, 2020 (the Circular).
  • NAV CANADA has retained RBC Dominion Securities Inc. as Solicitation Agent, D.F.
  • King Canada as Information Agent and AST Trust Company (Canada) as Tabulation Agent in connection with the Consent Solicitation and Meeting.
  • Air traffic management systems developed by NAV CANADA are used by air navigation service providers in countries worldwide.

NAV CANADA reports October traffic figures

Retrieved on: 
Thursday, November 26, 2020
Air navigation service providers, Nav Canada, Aviation, Air traffic control, Air traffic management, Human activities

OTTAWA, Nov. 26, 2020 (GLOBE NEWSWIRE) -- NAV CANADA announced today its traffic figures for the month of October 2020, as measured in weighted charging units for enroute, terminal and oceanic air navigation services, in comparison to the last fiscal year.

Key Points: 
  • OTTAWA, Nov. 26, 2020 (GLOBE NEWSWIRE) -- NAV CANADA announced today its traffic figures for the month of October 2020, as measured in weighted charging units for enroute, terminal and oceanic air navigation services, in comparison to the last fiscal year.
  • Traffic in October 2020 decreased by an average of 59.5 per cent compared to the same month in 2019.
  • NAV CANADA is a private, not-for-profit company, established in 1996, providing air traffic control, airport advisory services, weather briefings and aeronautical information services for more than 18 million square kilometres of Canadian domestic and international airspace.
  • Air traffic management systems developed by NAV CANADA are used by air navigation service providers in countries worldwide.

Marijuana use by drivers behind the wheel must remain a top road safety priority

Retrieved on: 
Thursday, November 26, 2020
Cannabis smoking, Cannabis, Entheogens, Euphoriants, Road traffic safety, Psychoactive drugs, Branches of biology, Drugs

National trends are summarized in TIRFs Road Safety Monitor 2020: Trends in Marijuana Use Among Canadian Drivers.

Key Points: 
  • National trends are summarized in TIRFs Road Safety Monitor 2020: Trends in Marijuana Use Among Canadian Drivers.
  • The increasing presence of marijuana among drivers killed in road crashes, even prior to legalization, is reported in the second fact sheet, Marijuana Use Among Drivers in Canada, 2000-2017, also sponsored by Desjardins.
  • While more drivers continue to use marijuana behind the wheel since 2018, fewer drivers did so in 2020 as compared to 2019.
  • In these instances, the non-use of safety equipment by drivers using marijuana or alcohol further increases the likelihood drivers will not survive a crash.

Canadian Museum of Nature announces winners of the 2020 Nature Inspiration Awards

Retrieved on: 
Thursday, November 26, 2020
Countries, Articles, Government of Canada, Canadian Museum of Nature, Sarnia, Culture of Canada, Museum, Canada

OTTAWA, Nov. 25, 2020 (GLOBE NEWSWIRE) -- During an online ceremony this evening, the Canadian Museum announced the winners of its national Nature Inspiration Awards for 2020.

Key Points: 
  • OTTAWA, Nov. 25, 2020 (GLOBE NEWSWIRE) -- During an online ceremony this evening, the Canadian Museum announced the winners of its national Nature Inspiration Awards for 2020.
  • They join other honorees recognized by the museum, which is Canadas national museum of natural history and natural sciences.
  • Winners of the 2020 Nature Inspiration Awards:
    Youth category (aged 17 and under) Sophia Spencer, Sarnia, Ontario
    Sophia Spencer, now aged 11, was teased at a young age for her interest in insects.
  • About the Canadian Museum of Nature:
    The Canadian Museum of Nature is Canada's national museum of natural history and natural sciences.

Yvon Charest receives President’s Award from the Canadian Institute of Actuaries

Retrieved on: 
Wednesday, November 25, 2020
Actuarial science, Canadian Institute of Actuaries, Business organizations, Organizations, Society of Actuaries, Institute and Faculty of Actuaries, Institute of Actuaries, Actuary, Charest, Articles, International Actuarial Association

OTTAWA, Nov. 25, 2020 (GLOBE NEWSWIRE) -- During the closing ceremonies of last weeks act20, the annual conference of the Canadian Institute of Actuaries (CIA), longtime member and volunteer Yvon Charest was presented with the Institutes prestigious Presidents Award.

Key Points: 
  • OTTAWA, Nov. 25, 2020 (GLOBE NEWSWIRE) -- During the closing ceremonies of last weeks act20, the annual conference of the Canadian Institute of Actuaries (CIA), longtime member and volunteer Yvon Charest was presented with the Institutes prestigious Presidents Award.
  • The annual award is conferred by the CIAs President to a person who has made significant contributions to the actuarial profession in Canada.
  • Charest graduated in actuarial science from Laval University in 1979, becoming a Fellow of the CIA in 1982 and a Fellow of the US Society of Actuaries in 1981.
  • The CIA thanks and celebrates Yvon Charest for his notable contributions to the Institute and to the actuarial profession in Canada.