Subsidy

Titan Logix Corp. Reports Fiscal 2021 Q3 Financial Results

Wednesday, July 21, 2021 - 9:30pm

Gross profit for the third quarter of fiscal 2021 increased by $175,987 to $558,164 or 52% of revenue compared to $382,177 or 49% of revenue in the comparative prior period.

Key Points: 
  • Gross profit for the third quarter of fiscal 2021 increased by $175,987 to $558,164 or 52% of revenue compared to $382,177 or 49% of revenue in the comparative prior period.
  • During the fiscal quarter the Company continued with its participation in the Canada Emergency Wage Subsidy Program ("CEWS").
  • The Company realized $161,900 of subsidies in the fiscal quarter and $345,747 in the nine month period, partially offsetting compensation expenses.
  • Total expenses in the third quarter of fiscal 2021 were $698,233 as compared with $962,612 in the comparative prior period.

Pew Urges WTO Members to Prioritize Fisheries Subsidies Effort After Deal Is Delayed Again

Friday, July 16, 2021 - 2:01am

Isabel Jarrett, manager of The Pew Charitable Trusts' project to end harmful fisheries subsidies, issued the following statement:

Key Points: 
  • Isabel Jarrett, manager of The Pew Charitable Trusts' project to end harmful fisheries subsidies, issued the following statement:
    "World Trade Organization members are closer than ever to reaching an agreement two decades in the making that would reduce harmful fisheries subsidies.
  • "Although the final WTO fisheries subsidies deal should include a transition period that allows developing countries extra time to implement the agreement, there should be no permanent exceptions to any rule.
  • And developed nations should never be permitted to provide harmful subsidies unless they can prove that those subsidies do not negatively affect fish stock levels.
  • "WTO members must seal the deal as soon as possible on a strong fisheries subsidies agreement that delivers on ambitious sustainability goals, ultimately improving the health of fisheries and fishing communities around the world."

Pew Urges WTO Members to Prioritize Fisheries Subsidies Effort After Deal Is Delayed Again

Friday, July 16, 2021 - 1:44am

Although WTO member countries failed to strike a deal today, they paved the way for an agreement later this year.

Key Points: 
  • Although WTO member countries failed to strike a deal today, they paved the way for an agreement later this year.
  • Isabel Jarrett, manager of The Pew Charitable Trusts' project to end harmful fisheries subsidies, issued the following statement:
    "World Trade Organization members are closer than ever to reaching an agreement two decades in the making that would reduce harmful fisheries subsidies.
  • "Although the final WTO fisheries subsidies deal should include a transition period that allows developing countries extra time to implement the agreement, there should be no permanent exceptions to any rule.
  • "WTO members must seal the deal as soon as possible on a strong fisheries subsidies agreement that delivers on ambitious sustainability goals, ultimately improving the health of fisheries and fishing communities around the world."

New Oceana-Supported Research Maps Wealthy Nations’ Harmful Fisheries Subsidies Supporting their Fleets Abroad, Including in the Waters of Least Developed Countries

Wednesday, June 30, 2021 - 12:00pm

For the first time, harmful subsidies worth billions of dollars from wealthy nations can now be tracked to destinations around the world, including to least developed countries (LDCs) and the high seas.

Key Points: 
  • For the first time, harmful subsidies worth billions of dollars from wealthy nations can now be tracked to destinations around the world, including to least developed countries (LDCs) and the high seas.
  • Looking solely at distant water fishing activity beyond a countrys own waters the top 10 spent $5.4 billion in harmful subsidies fishing in the waters of 116 other nations, and another $800 million on the high seas.
  • In the waters of several LDCs, the catches made and estimated subsidies received by foreign fleets surpasses those of the domestic fleet.
  • These top subsidizers may therefore be supporting their own fishing fleets by transferring overfishing risks to the waters of countries that can least afford it.

American Mask Manufacturer's Association Launches, Aims For Closer Ties With Government, Federal Agencies

Thursday, April 29, 2021 - 1:06pm

"Not only did this leave our country at the mercy of foreign suppliers, but many Americans lost family and friends because of this extremely solvable vulnerability.

Key Points: 
  • "Not only did this leave our country at the mercy of foreign suppliers, but many Americans lost family and friends because of this extremely solvable vulnerability.
  • Therefore, AMMA is encouraged by the Biden Administration\'s Mask Innovation Challenge: Building Tomorrow\'s Mask .
  • "The continued price undercutting and subsidizing by foreign governments and companies puts America\'s mask manufacturing base at significant risk.
  • We will need the continued support of our federal and state governments to ensure American companies can compete.

FAU Poll Shows Hispanic Consumer Confidence Soars

Thursday, April 8, 2021 - 4:00pm

"This optimism is a product of the benefits received by families hit hard by the pandemic," said Monica Escaleras , Ph.D, director of FAU BEPI.

Key Points: 
  • "This optimism is a product of the benefits received by families hit hard by the pandemic," said Monica Escaleras , Ph.D, director of FAU BEPI.
  • "The extended unemployment benefits, $1,400 direct payments, emergency rental assistance and health care subsidies, among other benefits, have provided support to families in need."
  • Consumers showed a significant increase in optimism in four out of the five questions used to generate the index.
  • The poll is based on a sampling of 542 U.S. Hispanics, 18 years of age and older, from Jan. 1 to March 31.

GVIC Reports Third Quarter Results

Friday, November 13, 2020 - 11:50pm

Wage subsidies from the Canadian Emergency Wage Subsidy (CEWS) were $7.7 million recorded for the quarter including joint ventures and associates.

Key Points: 
  • Wage subsidies from the Canadian Emergency Wage Subsidy (CEWS) were $7.7 million recorded for the quarter including joint ventures and associates.
  • After adjusting for the extra quarter of ATP funding and the losses, EBITDA including joint ventures and associates for the quarter was $2.8 million excluding wage subsidies.
  • GVIC received $11 million in cash and retained 100% of the cash flow of the businesses relating to the 45% interest for two years.
  • The 26.8% decline in consolidated revenues for the third quarter was an improvement from the 32% decline in the second quarter.

Glacier Reports Third Quarter Results

Friday, November 13, 2020 - 11:50pm

The energy and mining group revenues were off 15%, a significant improvement from the 25% decline in the second quarter.

Key Points: 
  • The energy and mining group revenues were off 15%, a significant improvement from the 25% decline in the second quarter.
  • Print community media advertising revenues, including joint ventures and associates, were off 30% for the quarter compared to last year, an improvement from the 49% year-over-year decline in Q2.
  • Consolidated EBITDA including joint ventures and associates was $2.4 million for the quarter excluding wage subsidies.
  • The Company recorded wage subsidies from the Canadian Emergency Wage Subsidy of $7.1 million for the quarter.

QRCA Partnership with Rybbon Brings New Benefits to All Qualitative Research Members

Wednesday, October 7, 2020 - 3:00pm

MCLEAN, Va., Oct. 7, 2020 /PRNewswire-PRWeb/ -- QRCA , the premier global association for qualitative professionals, and Rybbon , a leader in the research incentives space, announced a partnership today.

Key Points: 
  • MCLEAN, Va., Oct. 7, 2020 /PRNewswire-PRWeb/ -- QRCA , the premier global association for qualitative professionals, and Rybbon , a leader in the research incentives space, announced a partnership today.
  • QRCA members can leverage new benefits as a result of this partnership.
  • QRCA members who become new Rybbon customers will receive 10% off Rybbon's Team and Enterprise plans and a subsidy towards their QRCA membership renewal.
  • If a qualitative researcher is a Rybbon Team or Enterprise plan customer, but not a QRCA member, Rybbon will provide a subsidy towards their new QRCA membership.

New Survey: COVID-19 Takes Toll on Wage Increases

Wednesday, September 23, 2020 - 3:00pm

According to the survey, 34% expect no change and 15% expect a decrease in their companys wages.

Key Points: 
  • According to the survey, 34% expect no change and 15% expect a decrease in their companys wages.
  • Culo says that once government subsidies, such as the Canadian Emergency Wage Subsidy (CEWS), come to an end, we will have a better picture of how companies are actually doing.
  • Bruce Hein, Express franchise owner in Sarnia, Ontario, has seen a similar trend, noting the majority of his clients are keeping wages the same.
  • If necessary, companies seem more willing to lay off workers or freeze hiring instead of cutting pay.