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Brit premiums fall in the face of increased competition and downward pressure on rates

Net earned premium decreased by 6.1 per cent to $1.5bn.Read more: Brit Insurance profits dive after IPO costs eat into earningsThe firm’s combined ratio – the amount of costs and losses compared with premiums earned – increased to 96.4 per cent from 91.7 per cent. Brit said this included a 4.5 per cent contribution from major losses compared with a nil contribution in the prior year.Profit after tax jumped to $158m from $16m.Brit generated $464m of cash during the year, compared with $96.7m in 2015.Why it’s interesting  Brit premiums fall in the face of increased competition and downward pressure on rates In September 2016 we announced the launch of Syndicate 2988, which has a capacity of £52m ($82m) for its first year of trading. Syndicate 2988 reaffirms our commitment to the Lloyd’s market and will help us further position Brit as the specialist underwriter of choice, “It is pleasing to have seen a number of initiatives successfully launched during the year, and to see those initiated in recent years delivering profitable premium growth for the group.”In the current environment, we believe this proactive approach and emphasis on innovation is an important complement to our disciplined underwriting. Friday 17 February 2017 8:16 am whatsapp Insurance firm Brit said it had weathered a tough year and was confident changes and initiatives would enable the firm manage market headwinds.The figuresGross written premiums fell from $2.0bn (£1.6bn) to $1.9bn, a decrease of 2.3 per cent on a constant exchange rates basis. Market conditions have, as expected, remained difficult during 2016, with the industry experiencing continued pressure on premium rates. Against this backdrop with increased catastrophe activity, we delivered a respectable combined ratio. The external change was slightly more simple to digest than the management merry-go-round. The insurer put its audit up for tender and PwC prevailed, ousting incumbent EY.What the company said Wilson said: whatsapp Oliver Gill Share Brit’s executive chairman Mark Cloutier highlighted tough market conditions. He said: “Competition from new entrants and additional capacity from existing competitors with appetite to grow has put continuing downward pressure on rates.”The insurer, which was bought by Canadian giant Fairfax in 2015, stressed the combined ratio was a result of major losses, implying comparisons ought to take this fact into account.Read more: Apollo and CVC look to sell off Brit insuranceBrit has made a number of internal and external changes to the way it is governed.Richard Ward stepped down as chairman on 1 January, to be replaced by the firm’s then chief exec Cloutier. Matthew Wilson was appointed as the firm’s new chief exec with Gordon Campbell appointed as non-exec director. Ipe Jacob and Bijan Khosrowshahi resigned as directors at the end of December. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeWeniixLook: The Future of Cars! – WENIIXWeniixUndocarammelloWhat are the top 10 most expensive cat breeds in the world ? – CarammellocarammelloUndoAir AmbulanceYou May Need To Keep Emergency Air Ambulance Service Saved. 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The global vaping industry risks being choked in a regulatory cloud

first_imgBut we live in a connected world, and most governments are loath to act unilaterally. Politicians look to the rest of the world for guidance. What do they see? Vaping is being banned in many countries. The US and Europe are imposing onerous and costly regulations on the industry. China, the country producing the vast majority of the world’s vaping products, is actively discouraging the take-up of these products by their own citizens.And most importantly, they see the WHO Framework Convention on Tobacco Control using bad science to push a firm anti-vaping message.Should the WHO deliver a similar message this week, it is not hard to imagine that it will give pause to policymakers, even those convinced of the benefits of vaping. Why? Because the WHO garners respect that most other parts of the UN no longer do.This is the organisation that removed smallpox from the planet and has come tantalisingly close to doing the same to polio. Deaths from malaria have halved between 2000 and 2015. These are monumental achievements, worthy of great admiration – but addiction is not a virus that can be vaccinated against.Thus we and our UK partners, the UK Vaping Industry Association, call on the WHO to heed its own advice and “put people at the centre of change”. It’s important to understand how we got here, because New Zealand didn’t embrace vaping due to government action. There was no permissive legislation or endorsement of vaping. And it certainly wasn’t due to public health initiatives. Vaping grew by word of mouth, by vapers becoming vendors and advocates sharing the life-changing benefits of this technology.This has been happening all over the world, so why is the outlook particularly positive in New Zealand? I argue that it is actually because our government took no strong action for or against vaping.When vape shops such as the one I operated started pushing the existing laws by selling e-liquid with nicotine, the authorities noticed but chose not to prosecute and instead to observe.Public health academics engaged with both vaping advocates and with vendors. Even if we often didn’t agree, we were talking. And then a District Court Judge forced the issue, ruling that the Smoke Free Environments Act was relevant only to smoked and chewed tobacco, not vaping products.Our government recognised that it could not rely on old laws never intended to address these new products – it is now assessing them based on what they are, not what they resemble. whatsapp Wednesday 10 October 2018 5:29 am by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryBetterBe20 Stunning Female AthletesBetterBeRest Wow68 Hollywood Stars Who Look Unrecognizable NowRest Wowmoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment Guruzenherald.comDolly Finally Took Off Her Wig, Fans Gaspedzenherald.comZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyGive It LoveThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayGive It Love Geneva is a long way from London, and the other side of the world from New Zealand, but vapers worldwide would do well to keep a close eye on these proceedings.Five years is a long time in tobacco control. In 2013, I had just started vaping and there was essentially no vaping industry in New Zealand. Kiwis had two options: order online from abroad, or from a single expensive local website. Liquid containing nicotine had to be imported from overseas.Read more: Industry groups call on WHO to change stance on vapingThere were no opportunities to try devices or sample flavours, and no access at all for people without credit cards or internet access.Today, smokers New Zealand looking to switch to reduced-harm nicotine products can walk into a vape shop and get advice, support, and access to hardware and liquids for the same price as a pack of cigarettes. Top-down, globally coordinated campaigns have often been tried and failed in healthcare. Let nicotine addicts choose in a free marketplace of reduced-harm options, and let countries legislate in culturally sensitive ways suiting their individual circumstances.I have faith that New Zealand will regulate well on behalf of vapers, smokers, non-smokers and children. I hope that the WHO can create an environment where other governments may tread the same path.Read more: MPs tell Hammond: Don’t even think about a vape tax The World Health Organisation (WHO) is meeting in Geneva this week to shape tobacco and vaping regulation over the next five years.center_img whatsapp Share Michael Brader The global vaping industry risks being choked in a regulatory cloud Tags: Trading Archivelast_img read more

The 10 Tastiest Halloween Treats at Disneyland This Year

first_imgFood & DrinkThe 10 Tastiest Halloween Treats at Disneyland This YearBrought to us by the editor of The Disney Food BlogBy A.J. Wolfe – October 12, 2017814ShareEmailFacebookTwitterPinterestReddItIt is, once again, Halloween Time at Disneyland Resort, and this year’s a good one. Not only is there a colorful and super-adorable Halloween overlay in Cars Land, but there are devilish treats all over both parks, and clever foods galore. These are your must-eats for October 2017.1. Bat Wing SundaePhoto courtesy of Disneyland ResortThe Bat Wing Sundae can be found at Clarabelle’s Hand-Scooped Ice Cream in California Adventure, and it’s pretty epic. The ice cream is white chocolate/raspberry swirl, and it’s topped with raspberry “splatter” and a big bat wing cookie. This one is super Insta-worthy, and it’s delicious, too.2. Spider Silk Ice Cream SandwichPhoto by Heather Sievers (@DininginDisney)The Spider Silk Ice Cream Sandwich (located at Clarabelle’s in DCA) wins points for longevity. A huge black macaron is filled with a scoop of charcoal/tart cherry ice cream–and that color? It lingers in the mouth. But it’s so fantastic that it’s totally worth it. 3. Campfire S’mores Funnel Cake Photo by Heather Sievers (@DininginDisney)AAAAAH! The Campfire S’mores Funnel Cake is probably our favorite ever. You can get yours at Stage Door Cafe, but bring a friend because you’ll need to share. That crazy huge Disneyland funnel cake is covered in chocolate/chile ganache, toasted marshmallow sauce, little marshmallows, graham cracker crumbles, and crushed peanut butter candy. Sweet on sweet is what’s up in here.4. Dreamsicle BeignetsPhoto by Heather Sievers (@DininginDisney)OK, so does anyone else think this is a weird choice for Halloween? Dreamsicle? That’s orange and vanilla flavors. Like, Disneyland, did you get Summer mixed up with Halloween? But anyway, they’re delicious, and you completely must get them, so we’re putting them on our list of favorite Halloween foods even though they’re not Halloween-y at all. BUT they ARE orange-colored with that blingy sugar. So maybe that counts?5-6.Mummy Macarons (x2)Photo courtesy of Disneyland ResortThis entry in the best of Halloween treats actually includes two treats — and they’re both mummy macarons. The filling in the circular mummy macaron at Schmoozie’s in DCA is rainbow sherbet, and the macaron is drizzled with white chocolate to create the mummy’s customary wrap. The second mummy macaron is at Jolly Holiday Disneyland, and this time it’s Mickey-shaped. There’s still a mummy wrap drizzle of white chocolate, but the filling is a salted-caramel buttercream. Get one of each.Photo Jolly Holiday (Sabrina Lizette @EverythingDisney.55)7. CAR-achnid Pot PieThe CAR-achnid Pot Pie at Flo’s V-8 Cafe in Cars Land is one of our FAV-OR-ITE items for Halloween. It’s basically a savory chicken pot pie with the addition of dried cranberries, lending it some tartness. The butter crust is killer. And the CAR-achnid on top is just creepy enough without being so over-the-top-Halloween. Really, really, really — I know it seems boring, but get this.8. Oogie Boogie Popcorn BucketPhoto by Heather Sievers (@DininginDisney)Y’all. Oogie Boogie totally went viral last month, so we have to include him here. I know. He’s plastic. But he holds popcorn and he’s refillable, and he’s VIRAL, so he belongs in this list. Because what kind of Disneyland fan would you be if you DIDN’T have your Oogie Boogie popcorn bucket? You’d be disqualified like those people who don’t have their rose cup or their Haunted Mansion Tiki Mug. Oh, and Oogie Boogie glows in the dark. 9. Headless Horseman Straw Topper/ClipPhoto by Heather Sievers (@DininginDisney)Again. Plastic. But YOU MUST GET IT. (You can find him at Coca-Cola Corner in Disneyland and at counter service spots in DCA…when they’re not sold out.) This has got to be the best straw topper ever. The eyes of the horse and the pumpkin both light up with buttons that control them separately. You can also control the speed of the blink. Trust me. You will use this at home.10. Slow-Burnin’ Mac and Cheese ConePhoto by Heather Sievers (@DininginDisney)Over at the Cozy Cone Motel you’ll find the Slow-Burnin’ Mac and Cheese Cone. This black pumpernickel “cauldon” cone is filled with spicy red pepper mac & cheese, and it’s topped with red hot chile cheese puffs (Disneyland’s jumping on the hot cheeto bandwagon). So, I’m gonna be honest here. I’m including this because it’s a statement piece, but we didn’t love the cone itself, and the mac & cheese could have been spicier. But it has chutzpah, and sometimes that’s what counts. A.J. Wolfe is the publisher of The Disney Food Blog,RELATED: California Adventure Is Getting in on Halloween for the First Time, and Here’s What to Expect TAGSDisneylandHalloweenPrevious articleI Was Told That Breathwork Turns Your Hands Into Lobster Claws and Eviscerates Your SoulNext articleThe Five Best Things to Do in L.A. This WeekendA.J. Wolfe RELATED ARTICLESMORE FROM AUTHORDisneyland Cleansed Its Problematic Past—and Flung Itself Into the Culture WarsThe New Avengers Campus at California Adventure Has ‘a Ton’ of Easter EggsCheck Out the Rare Disneyland Artifacts That Sold for Big Bucks at Auctionlast_img read more

Side effects for COVID vaccine depends on person receiving it, experts say

first_imgModerna trial showing promise for expanding age requirement next month May 26, 2021 AdvertisementDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 comments RELATEDTOPICS AdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 comments Moderna COVID-19 vaccine safe for children ages 12 to 17, company says May 26, 2021 LEE COUNTY, Fla.– Each vaccine lists side effects like fever, aches, soreness. The severity of those side effects will be depend on the person receiving the shot, according to FGCU health professors.While some people who get the vaccines don’t experience any side effects at all others experience extreme side effects. “When people get the COVID19 vaccine, it’s expected there are going to be some side effects. Side effects vary between individuals so everyone is going to experience a different type of side effect,” the Director of the Physician Assistant Program at FGCU, Robert Hawkes explained. Moderna asking for full FDA approval of its COVID vaccine June 2, 2021center_img AdvertisementTags: Johnson & JohnsonModernaPfizer Moderna files for authorization of COVID vaccine in teens ages 12-17 June 11, 2021 AdvertisementTo see what side effects are possible for each vaccine you can go here. Advertisement Advertisementlast_img read more

U.S. stocks stage late rally

first_img Share this article and your comments with peers on social media TSX gets lift from financials, U.S. markets rise to highest since March North American markets largely pushed higher Friday after a choppy session, capping off a tumultuous period that has seen Canada’s main stock index drop more than 5% since last week and 8% from its all-time high.In Toronto, the S&P/TSX composite index was down 31.08 points or 0.21% to 15,034.53, after losing nearly 280 points and gaining more than 45 points throughout the day. Toronto stock market dips on weakness in the energy and financials sectors David Hodges S&P/TSX composite hits highest close since March on strength of financials sector Related news Facebook LinkedIn Twitter Keywords Marketwatch Stock market chart with world map 2jenn/123RF On the commodity-heavy TSX, defensive buys into the health-care and utilities sectors helped offset losses in the influential energy and materials sectors.In New York, stocks staged a late rally, with the Dow Jones industrial average finishing the session up 330.44 points or 1.38% to 24,190.90 — after briefly sinking as low as 500 points.Also watchSlideshow: Six things to understand about stock market turmoilMeanwhile, the S&P 500 index was up 38.55 points or 1.49% to 2,619.55, and the Nasdaq composite index was up 97.33 points or 1.44% to 6,874.49.Both the Dow and S&P 500 lost more than 5% for the week, as the Dow recorded 1,000-point drops on Monday and Thursday.The late rally across U.S. equity markets Friday could bode well for the next opening of markets on Monday.How stocks trade in the 30 minutes leading up to the close of markets — often called the most important half hour of the day — “typically sets the tone for the next trading session,” said Ian Scott, an equity analyst at Manulife Asset Management.Also readExpecting too much?Still, the defensiveness that stock markets have seen this week likely means that investors aren’t ready to fully embrace buying into the unusually large dips seen recently, as they have in the past. “It may keep drifting for a while,” Scott said.Financial analysts regard corrections as normal events but say the abrupt stock market rout that began last Friday might have been triggered by a combination of events that rattled investors. Those include worries about a potential rise in U.S. inflation or interest rates and budget disputes in Washington.Statistics Canada’s weaker-than-expected jobs report released Friday, in which jobs fell by 88,000 in January to give the labour market its steepest one-month drop in nine years, is also likely adding additional downward pressure on the TSX.Also readCanada shed part-time jobs in January“There’s going to be questions about whether that’s tied in the minimum wage increases we’ve had in Ontario,” Scott said. “The Canadian index is probably likely to take longer to rebound than the U.S. indices will, just given that the risk that NAFTA is going to be abolished seems to be increasing with time rather than increasing.”In currency markets, the Canadian dollar closed at an average trading value of US79.31¢, down 0.15 of a U.S. cent — continuing a sharp drop that has seen the loonie rocked by global equity volatility.The Canadian dollar tends to move on several types of data — particularly commodity prices, which also saw their fortunes reversed this week by the heightened levels of volatility in the market place.When oil prices fall, the loonie typically follows suit, especially against the greenback as oil prices are denominated in U.S. dollars. The March crude contract was down US$1.95 to US$59.20 per barrel on Friday.Elsewhere in commodities, the March natural gas contract was down 11¢ to US$2.58 per mmBTU. The April gold contract was down US$3.30 to US$1,315.70 an ounce and the March copper contract was down US5¢ to US$3.03 a pound.last_img read more

Title regulation still a “key priority” for Ontario

first_img Related news Queen's Park, Ontario legislature, exterior warasit/123RF Greg Dalgetty In May 2019, the Ontario government passed the Financial Professionals Title Regulation Act. Since then, FSRA has been consulting “vigorously” on its title protection framework for financial planner (FP) and financial advisor (FA) title users, White said.Under the framework, FSRA will choose existing financial services designations that would qualify credential-holders to use the FP or FA titles.White said FSRA is looking at credentialing bodies that demonstrate “a certain rigour” with regard to educational standards, conduct supervision and discipline.“We’ve identified the core competencies through group consultations with a variety of different licensing and designation bodies,” White said. “We think we are ready to go out and consult more formally.”Formal consultations will take time. FSRA must go through a 90-day consultation period before bringing a final rule on title regulation to the finance minister, at which point the finance minister would have a 60-day period to review the rule.But, given that this is Ontario’s first foray into FA and FP title regulation, White said FSRA will likely engage in more than one consultation period before developing a final rule.“We do expect it would be multiple consultations,” White said. “It would be very unlikely that we go out for one 90-day consultation and then go right to proposing the final rule for the minister, just because this is such a novel framework that we have in Ontario.”Assuming there are multiple consultation periods, in addition to the finance minister’s 60-day review, having title regulation in effect by 2021 would probably be a “best case” scenario, White said.“It can get done next year if we start soon — and that would, of course, be my goal — but we do need to make sure all the stakeholders during this disruptive time have the bandwidth to engage with this consultation now,” White said.The timing of consultations will depend on stakeholder availability, but FSRA itself is ready to act on title regulation, White said.“We’re ready to go because we think this is a very important piece of consumer protection legislation in Ontario and we want to bring it to fruition.” Share this article and your comments with peers on social media Ontario remains intent on regulating the use of “financial advisor” and “financial planner” titles in spite of the challenges posed by the Covid-19 pandemic.“It is a key priority for us to get this done,” Mark White, CEO of the Financial Services Regulatory Authority of Ontario (FSRA), said in an interview with Investment Executive. Facebook LinkedIn Twitter SEC charges five in US$2-billion crypto trading scheme Keywords Advisor titles,  RegulationCompanies Financial Services Regulatory Authority of Ontario Regulators must avert looming irrelevance: IAP Regulators issue new reporting guidance on systems outageslast_img read more

500 Persons Attend Health Fair in Southern St. James

first_imgRelated500 Persons Attend Health Fair in Southern St. James 500 Persons Attend Health Fair in Southern St. James UncategorizedJuly 19, 2007 FacebookTwitterWhatsAppEmail Approximately 500 residents from Maroon Town and surrounding communities in Southern St. James participated in a community health fair yesterday (July 18). The event was put on by the St. James Public Health Services at the Mount Edmondson Methodist Church grounds in Maroon Town.The health fair was the third in a series of four community outreach activities, aimed at educating citizens about their mental health. They took part in depression screening, blood sugar/pressure checks, HIV/AIDS education and health education.Other supporting agencies, such as the Registrar General’s Department (RGD), the Ministry of Labour and Social Security and Jamaica National (JN) Small Business Loan Department, were on hand to educate citizens on other aspects of their total development.Health Education Officer at the St. James Public Health Services, Serena Holder-Campbell, told JIS News that the health fair was carried out specifically to assist persons to understand more about their mental health and how they could assist in enhancing their total health development.“We realize that people are not comfortable to talk about their mental state and we feel that having this series of activities throughout the parish would create more emphasis on not just being a ‘mad’ person, but looking realistically at your mental state as your complete well being,” she said.“We also invited the other agencies to share about the registration of births and deaths and how people can release some of their stress level, especially when they are not employed, by starting a business of their own, which we feel is a part of their entire well being,” Mrs. Holder-Campbell added.She further informed that the St. James Public Health Services had planned to educate over 10,000 persons on their mental health and wellness throughout the four outreach programmes, the last of which is scheduled for Sam Sharpe Square in Montego Bay on July 27. Related500 Persons Attend Health Fair in Southern St. Jamescenter_img Related500 Persons Attend Health Fair in Southern St. James Advertisementslast_img read more

Finance Minister Says JA’s Credit Ratings Will Rise Again

first_imgFacebookTwitterWhatsAppEmail Minister of Finance and the Public Service, Hon. Audley Shaw, says reports from rating agencies, Standards & Poors and Fitch, indicate that Jamaica’s credit rating will improve to the single “B” category, soon.This is upon successful closing of liability management transactions under the proposed public debt exchange, which forms part of Government’s debt management strategy. He noted that this was cited in both agencies’ reports, which further downgraded Jamaica after the debt exchange was launched last Thursday.“We had always been in discussions with our three rating agencies and fully anticipated these actions. In fact, it is often considered a part of their methodology that issuers rated CCC or below be downgraded when undertaking certain types of liability management transactions,” Mr. Shaw told the House of Representatives in Kingston on Tuesday (January 19) .“The debt exchange is aimed at securing fiscal savings, by exchanging existing high cost debt for new instruments that have lower coupons and longer maturities. It has been designed, bearing in mind the need to avoid jeopardising the stability of the financial market. A financial system support fund will also be put in place to assist financial institutions that are participating in the exchange,” he said.Mr. Shaw also underscored the importance of having the full participation of the domestic investors in the process, if the initiative is to be successful. He thanked the financial market participants that have already rallied in support of the unprecedented move.The overall debt management strategy will include an assessment of the cost-risk analysis of alternative portfolio options, and enhance transparency and communication with market players and rating agencies by June, 2010, he explained.Mr. Shaw said that the Government will also seek technical assistance from the IMF to examine institutional features of the Government’s securities market in order to make it more competitive. RelatedFinance Minister Says JA’s Credit Ratings Will Rise Again RelatedFinance Minister Says JA’s Credit Ratings Will Rise Again RelatedFinance Minister Says JA’s Credit Ratings Will Rise Againcenter_img Advertisements Finance Minister Says JA’s Credit Ratings Will Rise Again Finance & Public ServiceJanuary 20, 2010last_img read more

Labor’s jobs plan will help shattered tourism and hospitality industry back on its feet

first_imgLabor’s jobs plan will help shattered tourism and hospitality industry back on its feet Tasmanian LaborVoucher scheme would be extended to food and dining$5 million contingency support grants would help businesses facing uncertaintyLabor’s number one priority is creating jobsA re-elected Labor Government will deliver a multi-million dollar support package to help Tasmania’s devastated tourism and hospitality industry find a post-COVID path forward, as part of its fully costed jobs plan.Labor Leader, and Shadow Tourism Minister, Rebecca White said the tourism and hospitality industry was critical to Tasmania’s economy and it was vital government does everything possible to help the sector back on its feet after the devastation of the COVID pandemic.“There are important steps government should be taking to help boost the tourism and hospitality industry such as extending the Make Yourself At Home voucher program to food and dining,” Ms White said.“When the voucher scheme ended in November a significant portion of the total funding allocation of $12.5 million had not been redeemed.“Labor would redirect the unallocated funding to food and dining instead of limiting it to accommodation and tourism experiences.”Ms White said there are significant unknowns over the coming 12 months and Labor would put in place measures to support business through that uncertainty.“Labor’s jobs plan sets aside $5 million for contingency support that could be allocated as grants, fee waivers, bill relief and other assistance. This will be very important given the ongoing uncertainty and the end of the JobKeeper program in March.“Nearly 3,500 jobs have been lost in the tourism and hospitality sector, including more than 700 in the past month and the industry continues to go backwards because the government just isn’t doing enough.“Labor’s plan will protect jobs in tourism, hospitality and the arts to get through to next summer.”Rebecca White MP Labor Leader /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Arts, business, Dollar, Economy, food, Government, industry, JobKeeper, jobs, Minister, pandemic, Tasmania, Tasmanian Labor, Tassie, tourismlast_img read more

Canada’s 10 best-selling pickup trucks in 2019

first_img RELATED TAGSGMCRamPickup TruckNon-LuxuryDriving By NumbersFeature StoryNew VehiclesNon-Luxury Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” 7 Aging vehicles that Canadians just can’t get enough of In the fourth-strongest year in the history of Canada’s auto market, Canadian sales of pickup trucks rose to an all-time record of 403,749 units.It’s a staggering result given the recency with which truck volume was little more than half this strong.Pickups, especially of the full-size sort, are ridiculously popular. In 2019, 21 per cent of the new vehicles sold in Canada were pickups — that’s 27 per cent more market share than trucks produced a decade ago. The F-Series’ dominance in the truck category – 36 per cent of all pickup sales – is especially impressive given the fact Ford’s top rivals are substantially newer designs. It’s not until you realize the F-Series owns 7.5 percent of the entire automotive market, outselling all but two auto brands, that you begin to understand just how successful this truck is. advertisement We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information.center_img COMMENTSSHARE YOUR THOUGHTS Trending in Canada How do Canadians stack midsize pickup versus full-size truck sales?Or should we say, Canada’s appetite for big trucks from traditional truck makers seems boundless. The original Big Three own virtually the entire full-size truck market, 96 per cent of it, to be precise. The evolution of the truck market, perhaps even the revolution we’re about to see among trucks, stands in stark contrast to the entrenched means by which truck shoppers acquire trucks.Truck buyers generally buy the same trucks truck buyers have always bought. Wildly updated versions, mind you, but trucks that wear the same badges sold out of the same buildings. As a result, this list of the 10 best-selling pickup trucks in Canada is unlikely to surprise, though the stratospheric figures represented herein certainly stand a chance at shocking some observers.10. Nissan Frontier: 3,723, down 10 percentThis truck has been sold, in largely identical form, for 15 years. Despite this fact, the Frontier still manages to produce noticeable (albeit not significant) Canadian volume; outselling its Titan stablemate, the Honda Ridgeline and the Jeep Gladiator in 2019. The Frontier will shortly be replaced by its successor, a long overdue transition in a segment that has modernized in leaps and bounds since 2005.9. GMC Canyon: 4,889, down 27 percentTake the Canyon’s disappointing 2019 sales figures on their own or combine them with the GMC’s fraternal twin, the Chevrolet Colorado. Together, the two trucks owned 32 percent of Canada’s midsize truck market in 2019, more than any individual competitor. But GM’s market share suffered greatly with Ford jumping back into the fray: one year ago, the duo’s share was 10 points stronger.8. Ford Ranger: 6,596Ranked eighth overall but third in its segment, the reborn Ford Ranger isn’t achieving the kind of sales success we saw from the older, much less costly Ranger. But then again, nobody expected it to. That long-lived Ranger ticked along for three decades with intermittent updates, selling in excess of 20,000 units as recently as 2009. The new Ranger has a different objective in a different era, playing a minor supporting role to the big brother that outsells it by a 22-to-1 margin.7. Chevrolet Colorado: 8,156, down 13 percentA distant number two in its small-midsize segment, the Chevrolet Colorado’s sharp 13-per-cent decline is not an uncommon outcome for competitors of the Ford Ranger in 2019. With the arrival of a new Ranger and its 6,596 sales, plus nearly 2,000 more sales from the Jeep Gladiator, the small-midsize segment didn’t exactly grow by leaps and bounds.For the most part, rivals such as this Chevrolet Colorado simply surrendered volume to the newcomers. Overall, small-midsize truck volume grew by fewer than 3,100 units compared with 2018.6. Toyota Tundra: 9,976, down 15 percentDesperately long in the tooth and distinctly inefficient at a time when top-tier rivals are making fuel economy in-roads, the Toyota Tundra’s 15-per-cent slide in 2019 volume can hardly be a surprise. The Tundra’s 2018 outcome – best-ever sales for a truck in its 12th model year – hardly seemed repeatable.5. Toyota Tacoma: 12,536, down 10 percentToyota Tacoma sales soared in 2018 to an all-time high of 13,878 Canadian units. By any other measure, the Tacoma’s 2019 outcome is hardly a disappointment. The Tacoma is the top seller in its segment despite supply that is sometimes restrictive and it also outsells its own full-size sibling in a market that’s overwhelmingly keen on full-size trucks.4. Chevrolet Silverado: 53,484, down 3 percentThe launch of an all-new truck isn’t supposed to result in a sales downturn during a year in which pickup truck sales increased. But perhaps you’ve noticed something: most pickup trucks on the market, Silverado included, didn’t improve upon their 2018 totals over the last 12 months. Together with its GMC Sierra partner and their midsize brethren, GM Canada’s market share in the overall truck market took a hit in 2019, sliding just a tick below 30 per cent.3. GMC Sierra: 54,400, down 3 percentGM’s replacement of its two full-size pickup trucks for 2019 earned somewhat mixed reviews. The styling certainly doesn’t please everyone, the interiors haven’t exactly moved upmarket, and the trucks don’t exactly feel all that new. But while the duo’s volume fell to a three-year low, it would be a reach to say the launch of the new GMC Sierra (and Chevrolet Silverado) has been a failure: the company sold nearly 9,000 per month.2. Ram P/U: 96,763, up 14 percentWhat caused pickup truck sales, and full-size pickup truck sales in particular, to rise to the next level in Canada in 2019? This truck. Which, in a sense, is really two trucks, because Fiat Chrysler Automobiles determined it would be prudent to sell the old Ram, known as the Classic, alongside the new Ram.It’s hard to argue with the result. Year-over-year, Ram market share in the full-size category jumped from 24 per cent to 27 per cent thanks to the addition of nearly 12,000 extra sales.1. Ford F-Series: 145,064, down 0.4 percentYou have to go back to 2008 to find a year in which Ford’s full-size truck line, headlined by the F-150, wasn’t Canada’s best-selling vehicle. Let’s be clear: that’s not just the best-selling truck, but the top-selling vehicle overall. Much as the small-midsize pickup truck segment is on the mend after years of neglect, none of the contenders earns a prominent position on this list of Canada’s 10 most popular pickup trucks in Canada in calendar year 2019.In fact, the number-one truck line outsells the entire midsize truck category by more than three-to-one. Moreover, the top four full-size trucks all outsell the entire midsize category. Set aside carbon tax complaints and electric fervour: Canada’s appetite for big trucks seems boundless.RELATED ‹ Previous Next ›last_img read more