Reconciliation

Asbury Automotive Group Reports Second Quarter 2023 Financial Results

Retrieved on: 
Tuesday, July 25, 2023

Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), one of the largest automotive retail and service companies in the U.S., reported second quarter 2023 net income of $196 million ($9.34 per diluted share), a decrease of 2% from $201 million ($9.07 per diluted share) in second quarter 2022.

Key Points: 
  • Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), one of the largest automotive retail and service companies in the U.S., reported second quarter 2023 net income of $196 million ($9.34 per diluted share), a decrease of 2% from $201 million ($9.07 per diluted share) in second quarter 2022.
  • Second quarter 2023 adjusted net income, a non-GAAP measure, decreased 16% year-over-year to $188 million ($8.95 per diluted share) compared to adjusted net income of $223 million ($10.04 per diluted share) in second quarter 2022.
  • Four of the divestitures closed in the first quarter, three in the second quarter, and nine in the fourth quarter of 2022.
  • Additional commentary regarding the first quarter results will be provided during the earnings conference call on Tuesday, July 25, 2023, at 10:00 a.m.

Dr. Jeff Hennessy named Acadia University’s 17th President 

Retrieved on: 
Tuesday, July 18, 2023

"I am excited to name Dr. Jeff Hennessy as Acadia University’s next President and Vice-Chancellor," says Henry Demone, Chair of Acadia’s Board of Governors and its Presidential Search Committee.

Key Points: 
  • "I am excited to name Dr. Jeff Hennessy as Acadia University’s next President and Vice-Chancellor," says Henry Demone, Chair of Acadia’s Board of Governors and its Presidential Search Committee.
  • "Jeff is passionate about Acadia, has outstanding academic and administrative leadership experience, proven collaboration skills, and expertise in the unique and meaningful liberal arts education Acadia provides its students."
  • Hennessy comes to Acadia from Mount Allison University in Sackville, New Brunswick, where he is the Interim President and Vice-Chancellor.
  • Hennessy is married to Dr. Erin Hennessy, a Wolfville dentist, Acadia graduate, and former president of the Nova Scotia Dental Association, and they have a son, Rory.

OPG reports on 2022 Environment, Social, and Governance performance

Retrieved on: 
Thursday, July 13, 2023

Report highlights progress on climate change actions, ED&I, and Reconciliation

Key Points: 
  • Report highlights progress on climate change actions, ED&I, and Reconciliation
    TORONTO, July 13, 2023 /CNW/ - Ontario Power Generation (OPG) has released its annual Environmental, Social, and Governance (ESG) Report , updating performance in these key focus areas over the past year.
  • The report also demonstrates how OPG incorporates ESG principles into its corporate strategy, business model, risk management framework, and performance targets, to deliver value to the Province and the communities OPG serves.
  • "As we work to electrify life in one generation, we will continue to prioritize sustainability, safety, diversity, and Reconciliation," said OPG Board Chair, Wendy Kei.
  • "And we will keep striving to be a socially responsible and beneficial neighbour for communities and Indigenous partners across the province."

The Voice alone won't solve the issues facing Indigenous people. Everyone has to do that work

Retrieved on: 
Tuesday, June 27, 2023

This may be why many Australians are expressing hope the Voice to Parliament is going to solve such problems.

Key Points: 
  • This may be why many Australians are expressing hope the Voice to Parliament is going to solve such problems.
  • Indigenous leaders, scholars, activists and community members have spent decades suggesting solutions to inequities in this country, which still haven’t been implemented.
  • Read more:
    Attention managers: if you expect First Nations' staff to do all your 'Indigenous stuff', this isn't support – it's racism

Indigenous people have already offered solutions

    • And expecting an Indigenous “Voice” to be a fix-all for inequities brought about by the colonial project is unrealistic and problematic.
    • As Indigenous academics have pointed out, often issues placed under Closing the Gap targets are lost in the list.
    • Indigenous leaders, communities and organisations have led research focusing on racism, Indigenous deaths in custody, the Stolen Generations, and the harm caused by the Northern Territory intervention.

What will be different this time?

    • The Voice to Parliament could potentially represent the views of Indigenous communities and hopefully assist in informing policy and legal decisions that impact our lives.
    • But the Voice to Parliament cannot solve the deeply entrenched racism and bigotry in Australian society, media, and institutions.
    • And expecting it to do so is assigning the role and responsibility of addressing racism to the people experiencing it.

Even if we get the Voice, non-Indigenous people still need to ‘do the work’


    After I asked my students who is responsible for reconciliation work we discussed the kind of work that needs to be done by all non-Indigenous peoples to address the ongoing damage of colonisation. This (ongoing) work requires everyone to:
    • We cannot rely on one strategy to “solve” the racial divide in Australia.
    • The issues Indigenous People face need to be addressed now instead of passively waiting to see if we get the Voice to Parliament.

Before the Barunga Declaration, there was the Barunga Statement, and Hawke's promise of Treaty

Retrieved on: 
Friday, June 23, 2023

This week at Parliament House during Barunga Festival, four NT Land Council representatives presented Prime Minister Anthony Albanese with the Barunga Declaration.

Key Points: 
  • This week at Parliament House during Barunga Festival, four NT Land Council representatives presented Prime Minister Anthony Albanese with the Barunga Declaration.
  • Signed by the four NT Land Council representatives, the declaration calls on Australians to vote “yes” in the upcoming referendum for an Indigenous Voice to Parliament.
  • NT Land Council representatives Dr Samuel Bush-Blanasi (Northern Land Council), Matthew Palmer (Central Land Council), Gibson Farmer Illortaminni (Tiwi Land Council) and Thomas Amagula (Anindilyakwa Land Council) brought the Barunga Declaration to Parliament House.

Treaty ’88 and the Barunga Statement

    • The Barunga Statement was the outcome of years of careful deliberation and discussion.
    • It was delivered from “the Indigenous owners and occupiers of Australia”, requesting the Australian government legislate for national land rights and begin treaty negotiations.
    • It also called for laws for a national elected Aboriginal body, and recognition of customary law by police and justice systems.
    • The Barunga Statement was presented during a time where there were increasing calls for a treaty.
    • The Treaty ’88 campaign declared that Australia was invaded by a foreign power with no treaty.

‘Treaty by 1990’

    • However, others have highlighted the reconciliation movement’s departure from treaty.
    • Playwright Wesley Enoch and actress Deborah Mailman’s play 7 Stages of Grieving includes a poem emphasising instead the “wreck”, “con” and “silly” in reconciliation.
    • This would symbolise the burial of hopes for a treaty, saying
      Sovereignty became treaty, treaty became reconciliation and reconciliation turned into nothing.

To properly consider the Voice, we need to look to how we got here

    • However, the Voice aims to address a key problem that recreates disadvantage: First Nations’ political power.
    • First Nations peoples have long sought representation to seek particular rights to land, culture and heritage, language, self-determination and self-governance.
    • The referendum for a Voice is the first of a three-part sequence of reforms, outlined in the 2017 Uluru Statement, followed by treaty and truth-telling.

SHARE Names New Directors

Retrieved on: 
Thursday, June 22, 2023

TORONTO, June 22, 2023 /CNW/ - The board of directors of SHARE (Shareholder Association for Research & Education) is pleased to announce the appointment of four new directors to its volunteer board.

Key Points: 
  • TORONTO, June 22, 2023 /CNW/ - The board of directors of SHARE (Shareholder Association for Research & Education) is pleased to announce the appointment of four new directors to its volunteer board.
  • "Each of our board members brings a wealth of experience, expertise and insight to support the mission of SHARE," said Colette Murphy, CEO of the Atkinson Foundation and chair of the SHARE board.
  • "We are lucky to be able to draw on the contributions of our board to help shape and oversee SHARE's strategy and future directions," said Kevin Thomas, CEO of SHARE.
  • Through shareholder engagement, advisory services, and cutting-edge research, SHARE mobilizes investor leadership for a sustainable, inclusive, and productive economy.

ROYAL CANADIAN MINT CELEBRATES NATIONAL INDIGENOUS PEOPLES DAY WITH A NEW $2 COMMEMORATIVE CIRCULATION COIN

Retrieved on: 
Tuesday, June 20, 2023

OTTAWA, ON, June 20, 2023 /CNW/ - On the eve of the Summer Solstice, a day of great significance for First Nations, Inuit and Métis people across Canada, the Royal Canadian Mint is honouring their rich and diverse cultural heritages with a $2 commemorative circulation coin celebrating National Indigenous Peoples Day.

Key Points: 
  • OTTAWA, ON, June 20, 2023 /CNW/ - On the eve of the Summer Solstice, a day of great significance for First Nations, Inuit and Métis people across Canada, the Royal Canadian Mint is honouring their rich and diverse cultural heritages with a $2 commemorative circulation coin celebrating National Indigenous Peoples Day.
  • For the first time on a Canadian circulation coin, three different artists have collaborated on a single reverse design.
  • "Since 1996, National Indigenous Peoples Day has been an opportunity to celebrate First Nations, Inuit, and Métis people," said The Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance.
  • "National Indigenous Peoples Day is an opportunity to both celebrate and honour the diverse cultures of Métis, Inuit and First Nations.

ROYAL CANADIAN MINT CELEBRATES NATIONAL INDIGENOUS PEOPLES DAY WITH A NEW $2 COMMEMORATIVE CIRCULATION COIN

Retrieved on: 
Tuesday, June 20, 2023

OTTAWA, ON, June 20, 2023 /CNW/ - On the eve of the Summer Solstice, a day of great significance for First Nations, Inuit and Métis people across Canada, the Royal Canadian Mint is honouring their rich and diverse cultural heritages with a $2 commemorative circulation coin celebrating National Indigenous Peoples Day.

Key Points: 
  • OTTAWA, ON, June 20, 2023 /CNW/ - On the eve of the Summer Solstice, a day of great significance for First Nations, Inuit and Métis people across Canada, the Royal Canadian Mint is honouring their rich and diverse cultural heritages with a $2 commemorative circulation coin celebrating National Indigenous Peoples Day.
  • For the first time on a Canadian circulation coin, three different artists have collaborated on a single reverse design.
  • "Since 1996, National Indigenous Peoples Day has been an opportunity to celebrate First Nations, Inuit, and Métis people," said The Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance.
  • "National Indigenous Peoples Day is an opportunity to both celebrate and honour the diverse cultures of Métis, Inuit and First Nations.

BMO Marks National Indigenous History Month and National Indigenous Peoples Day with Support for Indigenous-Led Organizations that Empower Communities

Retrieved on: 
Thursday, June 15, 2023

"While our commitment to Indigenous customers and communities is part of how we do business every day, each year we welcome the opportunity to mark National Indigenous History Month and National Indigenous Peoples Day in meaningful ways through our support of key initiatives and by continuing to innovate to serve Indigenous colleagues, customers and communities."

Key Points: 
  • "While our commitment to Indigenous customers and communities is part of how we do business every day, each year we welcome the opportunity to mark National Indigenous History Month and National Indigenous Peoples Day in meaningful ways through our support of key initiatives and by continuing to innovate to serve Indigenous colleagues, customers and communities."
  • BMO's gift will support the Home for Reconciliation capital expansion initiative, ensuring thousands more can access programs and supports in 2024.
  • For more than three decades, BMO has been working with Indigenous communities to support their economic self-determination.
  • For more information about how BMO works with Indigenous communities in Canada, click here to view BMO's annual Indigenous Partnerships and Progress Report.

Iteris Reports Record Fiscal 2023 Fourth Quarter Revenue Up 24% Year Over Year and Record Full Year Revenue Up 17% Year Over Year

Retrieved on: 
Tuesday, June 13, 2023

(NASDAQ: ITI), the global leader in smart mobility infrastructure management, today reported financial results for its fiscal fourth quarter and full year ended March 31, 2023.

Key Points: 
  • (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today reported financial results for its fiscal fourth quarter and full year ended March 31, 2023.
  • This revenue growth was driven primarily by increased demand for Iteris’ ClearMobility Platform, including in particular its sensor products.
  • Revenue in fiscal 2023 increased 17% to $156.1 million, compared with $133.6 million in fiscal 2022.
  • Iteris will conduct a conference call today to discuss its fiscal fourth quarter and full year 2023 results.