first_img Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festival Bizarre situation as Ben Brennan breaks up Fianna Fáil-Fine Gael arrangement to take Graiguecullen-Portarlington vice-chair role Pinterest Electric Picnic Facebook WhatsApp News Twitter 139 days after the country went to the polls to vote in the General Election – it finally looks like we will have a new government.Negotiating teams for Fianna Fail, Fine Gael and the Green Party thrashed out a Programme For Government over the last number of weeks.That deal was agreed last week and was put before the members of the three parties who were asked to vote on whether they agreed with it or not.And with all three now in agreement, it is likely that Fianna Fail’s Michael Martin will be elected Taoiseach at a special Dail sitting in the Convention Centre tomorrow.The first vote back in was the Fine Gael party who accepted the deal by 80% Yes to 20% No.The party uses an electoral college system for votes of this nature that is weighted heavily in favour of the parliamentary party members, comprised of TDs, MEPs and Senators.50% of the vote goes for the Fine Gael parliamentary party, 25% to the membership, 15% to their executive and 10% to the elected councillors.The Parliamentary Party approved the deal (90-10%), as did Constituency Delegates (71-29%) and Executive Council (85-15%). The Council of Local Representatives was closer but it was still approved by 57% Yes to 43% No.The second vote returned was Fianna Fail. 14,375 people were eligible to vote and 11,071 of them did so.In the end, 74% were in favour and 26% against – so once again it was overwhelmingly passed.Both Fianna Fail and Fine Gael only required a simple majority of greater than 50% to pass the deal but the Green Party needed 66% and their vote was in last.1,892 votes were cast 1,435 voted yes. 457 voted no. So it got 76% yes and 24% No.SEE ALSO – CONFIRMED: GAA unveil revised inter-county schedule for remainder of 2020 Twitter TAGSFianna FailFine GaelProgramme for GovernmentThe Green Party Home News BREAKING: Ireland set to get new government as Fine Gael, Fianna Fail… News Facebook Previous articleCoronavirus Daily Noticeboard – Friday, June 26, 2020Next articleDeaths in Laois – Saturday, June 27, 2020 Alan HartnettStradbally native Alan Hartnett is a graduate of Knockbeg College who has worked in the local and national media since 2008. Alan has a BA in Economics, Politics and Law and an MA in Journalism from DCU. His happiest moment was when Jody Dillon scored THAT goal in the Laois senior football final in 2016. Electric Picnic Pinterest BREAKING: Ireland set to get new government as Fine Gael, Fianna Fail and Green Party members vote for deal RELATED ARTICLESMORE FROM AUTHOR By Alan Hartnett – 26th June 2020 WhatsApp Electric Picnic organisers release statement following confirmation of new festival datelast_img read more

first_img > Canadian Aggregate Bond Index ETF, which will track the S&P Canada aggregate bond index passively and hold Canadian fixed-income securities. > TD International Equity Index ETF, which will track the S&P EPAC ex-Korea LargeMidCap index and hold international equities passively. Both currency-hedged and non-hedged ETFs will be available. > TD S&P 500 Index ETFs, which will track the S&P 500 composite index passively and invest in U.S. large-cap stocks. Both currency-hedged and non-hedged funds will also be available for these ETFs. > TD S&P/TSX Capped Composite Index ETF, which will track the S&P/TSX capped composite index passively and invest in Canadian stocks. Leo Salom, executive vice president of TD Wealth Management, revealed in late 2015 that the firm would be launching a proprietary suite of ETFs. This is the second time Toronto-Dominion Bank has ventured into this product space. It had originally launched a line of ETFs in 2001, ahead of other banks, but closed those funds in 2006 because of lagging asset growth and weak trading volume. TD now joins Royal Bank of Canada and Bank of Montreal among the big banks providing ETFs. Tessie Sanci Toronto-based TD Asset Management Inc. (TDAM) has recently filed prospectus documents for its new lineup of exchange-traded funds (ETF), according to an ETF industry note by Montreal-based National Bank Financial Ltd. TDAM is looking to bring the following ETFs to the market: Share this article and your comments with peers on social media Companies TD Asset Management Inc. Facebook LinkedIn Twitterlast_img read more

first_imgthe canadian parliament and library during the fall michelloiselle/123RF Related news Will a minority government revisit small business taxation? How will the new government handle economic challenges? The Green Party of Canada wants to eliminate lower tax rates for capital gains and employee stock options, raise corporate taxes and charge a 5% surtax on commercial bank profits.The Greens released their platform on Monday for the Oct. 21 election. Along with environmental measures to dramatically reduce carbon emissions in the next decade and phase out fossil fuel production, leader Elizabeth May’s party platform would impact banking, real estate and pensions. New rules for employee stock option deductions likely to move forward Advisors’ reactions mixed following federal election The Greens would eliminate “loopholes” for the taxation of stock options and capital gains. Employee stock options are taxed at the same rate as capital gains, or one-half of personal income. The Liberals have introduced legislation to impose a $200,000 limit on stock options taxed at the preferential rate beginning next year.The NDP platform also calls for ending stock option deductions, as well as increasing the capital gains rate to 75%.The Greens would also raise the corporate tax rate to 21% from 15%, while leaving the small business rate at 9%.Elizabeth May’s party is also proposing a number of measures that would impact Canada’s banks, including a 5% surtax on commercial bank profits, and a financial transactions tax of 0.2%, similar to France’s.“Commercial banks accumulate huge profits — $43.15 billion for the five largest banks in 2018 alone,” the platform says. The surtax would not apply to credit unions, caisses populaires and co-ops.Other proposals that would impact Canada’s banking sector include limiting credit card interest rates to a maximum of 10 percentage points above the Bank of Canada prime rate, and limiting ATM fees to $1 per transaction (and prohibiting financial institutions from charging their own customers ATM fees).The Green platform responds to a long-standing request from Canada’s tax community to establish an arm’s-length federal tax commission to “analyze the tax system for fairness and accessibility, based on the principle of progressive taxation.”Other tax proposals include:Cracking down on offshore havens and requiring companies to prove that foreign affiliates are “actual functioning businesses for tax purposes.”Requiring foreign internet-based companies such as Netlfix, Facebook and Amazon to pay corporate tax in Canada.Eliminating the 50% corporate meals and entertainment expense deduction.Ending fossil fuel subsidies, including accelerated capital cost allowance, write-offs for oil and gas wells, and flow-through share deductions.Retirement and housing policyThe Greens would establish a universal Guaranteed Livable Income (GLI) program. This would replace existing income supports, such as disability payments, social assistance and income supplements for seniors, the platform says. The income would be based on a “livable” level for different regions, and additional income would be taxed and not clawed back.The platform also calls for an increase “over time” of the Canada Pension Plan target income replacement rate from 25% to 50%. The CPP Investment Board, meanwhile, would be required to divest coal, oil and gas shares.The Greens’ housing plan focuses more on building incentives and the rental market than on home ownership. The party would “re-focus” the Canada Mortgage and Housing Corporation’s mandate to support the development of affordable, non-market and co-operative housing.“With many housing markets demonstrably overvalued, and home ownership rates among the highest in the world, individual home ownership should not be the preoccupation of a public service housing agency and a national housing strategy,” the platform says.As expected, much of the platform is focused on the environment. The Greens would require a 60% cut in carbon emissions below 2005 levels by 2030, with net zero emissions in 2050. The current federal target is a 30% reduction from 2005 levels by 2030.To meet the target, no new pipelines, coal mining or oil and gas drilling would be approved and the Trans Mountain pipeline expansion would be cancelled.The platform calls for a “just transition” of workers in the affected sectors through income protection, job guarantees, retraining and resettlement.Read the full platform here. Keywords Federal election,  Taxes Share this article and your comments with peers on social media Mark Burgess Minority Liberal government has tax, pension implications Facebook LinkedIn Twitterlast_img read more

first_imgStacked white books on rules and regulations stuartphoto/123RF The Ontario government gave its blessing today to the Canadian Securities Administrators’ (CSA) client-focused reforms (CFRs), one of the final hurdles toward a set of regulatory reforms designed to enhance advisor/client relationships.Today’s OSC Bulletin included a notice that, on Nov. 26, Ontario’s Minister of Finance formally approved planned amendments to securities rules that include changes to suitability, know-your-client KYC, conflict of interest and disclosure provisions of the existing registration rules. James Langton OSC finalizes DSC ban Facebook LinkedIn Twitter Among other things, the reforms will require investment industry firms to resolve material conflicts of interest in the best interest of their clients, put clients’ interests first when determining suitability and enhance disclosure to clients.In a CSA notice setting out the final reforms, which was published in October, the regulators said that the CFRs are intended to “better align the interests of securities advisors, dealers and representatives with the interests of their clients, improve outcomes for clients and make clearer to clients the nature and the terms of their relationship with registrants.”Now that ministerial approval has been granted, the rule changes will formally take effect on Dec. 31, yet the specific requirements will be phased in over the next couple of years.For example, provisions that deal with conflicts of interest and relationship disclosure are slated to take effect on Dec. 31, 2020. The other changes will come into force on December 31, 2021.The industry self-regulatory organizations — the Investment Industry Regulatory Organization of Canada and the Mutual Fund Dealers Association of Canada — are expected to revise their own rules to conform to the new CSA requirements. Related news FCA seeks consumer duty standards Keywords Client-focused reformsCompanies Canadian Securities Administrators, Mutual Fund Dealers Association, Investment Industry Regulatory Organization of Canada, Ontario Securities Commission Conflicts, crypto, cyber risk: the year ahead in compliance Share this article and your comments with peers on social medialast_img read more

first_imgNew Year message from Scottish Secretary Alister Jack I think we can all agree we will be glad to see the back of 2020.We have spent months living through a global pandemic and our lives are almost unrecognisable from a year ago. For many, the tin lid on 2020 was the last minute – but sadly essential – restrictions on Christmas and immediately after.These restrictions, and the personal sacrifices so many people have made throughout the pandemic, are not easy, but they are vital if we want to continue to protect our NHS and save lives.I want to send my deepest condolences to all those who have lost loved ones to this cruel virus. We must not lose sight of the individual lives behind the statistics and we must keep working together to ensure that we defeat this virus for good.But as we say farewell to 2020, we should also take a moment to consider just how much we have all achieved in this most difficult of years.Over the past few months, we have risen to the challenge of this new virus. Confronting it with collective resilience, compassion, and generosity.I would like to thank everyone who has done so much this year.Our frontline workers – from health care staff to supermarket workers, teachers and everyone in between – have been nothing short of heroic. Looking after the ill, supporting the vulnerable, and keeping the country going. They have been an inspiration to us all. And our armed forces have been magnificent, helping all parts of the country throughout the pandemic.So many others have done their bit too. From picking up shopping and prescriptions for those who needed it, to organising spirit-lifting video chats and amazing charity fundraisers – individuals up and down the country have gone out of their way to look after friends, relatives, and neighbours, as well as strangers in need.With vaccines now rolling out across the UK, we are starting to see light at the end of the covid tunnel. We can now look to 2021 with optimism and confidence, and make it a year of successful recovery and regeneration.We have put in place the foundations to build back better from covid. From the New Year, with a great deal now in place with the EU, our coastal communities will flourish, and we will open up new global opportunities for Scottish businesses.The UK Government will continue to drive forward its ambitious programme of economic growth, through city deals, our Union connectivity review, and new freeports across the UK. We will continue to lead the world on climate change and will bring the world to Glasgow for COP26 in November.With the UK pulling together, 2021 will put us firmly on the road to recovery. The last thing we need in a year of opportunity is for Scotland to be mired in calls for another unwanted, divisive independence referendum. Now is not the time. Scottish people want instead to see the UK Government and the devolved administrations working together, in everyone’s best interest. We urge the Scottish Government to work with us to focus on supporting jobs and driving Scotland’s economic recovery.As we begin this new chapter, my firm hope is that, UK-wide, we embrace the many opportunities ahead of us. I believe that our future is bright.I wish everyone a happy and healthy New Year, and a better 2021. /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:charity, climate, climate change, EU, Europe, Government, referendum, resilience, Scotland, scottish, Secretary, statistics, supermarket, UK, UK Governmentlast_img read more

first_imgAustralian workers will be worse off under IR Omnibus Bill Australian workers who have sacrificed so much during the pandemic are going to be deeply affected by the Morrison Government’s proposed changes to industrial relations legislation, a senate inquiry into the IR Omnibus Bill will hear next week.The ACTU’s submission to the senate inquiry states that the changes will not only harm workers, but will hurt Australia’s post-pandemic economic recovery.Across three hearings in Townsville, Adelaide and Canberra, union members will provide their lived experience as evidence of the harmful impacts this bill will have on their lives.The ACTU’s main concerns with the IR Omnibus Bill include but are not limited to: making it easier for employers to casualise jobs that would have otherwise been permanent, making bargaining for better pay and conditions more difficult than it already is, allowing wage cuts, taking rights off blue collar workers on big projects, and weakening wage theft punishments in jurisdictions where it was already deemed a criminal act.The bill will also allow the Fair Work Commission to approve agreements that do not pass the Better Off Overall Test (BOOT) meaning workers could be significantly worse off, even though exemptions for exceptional circumstances already exist for businesses that are struggling to recover from the pandemic-related recession.Quotes attributable to ACTU Secretary Sally McManus,“As we have consistently said, we will not support a bill that leaves workers worse off.“The workers that will be most hurt by this bill are the ones that helped get this country through a once-in-a-century crisis: cleaners, delivery drivers, supermarket workers. They deserve job security and respect.“These laws will harm our economic recovery, they are a recipe for keeping wages low and jobs insecure.“As all working people know; bargaining with employers for better pay and conditions is already difficult enough. Australian workers are suffering from years of wage stagnation, and that is not the way to lead this country to economic recovery.“The rate of casualisation of our workforce desperately needs to be addressed. This bill will make the problem worse.“If this bill cannot be fixed, it needs to be dumped.” /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:ACTU, Adelaide, Australia, Australian, Canberra, Commission, fair work, Fair Work Commission, Government, job security, legislation, Morrison, Morrison Government, supermarket, Townsville, wage theftlast_img read more

first_imgLilliane Brady OAM to be commemorated with State Funeral Deputy PremierDeputy Premier John Barilaro today announced the former Mayor of Cobar and champion of Western NSW the late Lilliane Brady OAM will be commemorated with a State Funeral.“Lilliane Brady OAM was the longest serving female Mayor in NSW and will be formally acknowledged by the NSW Government for her decades-long commitment to regional NSW by way of a State Funeral,” Mr Barilaro said.“For 40 years Lilliane was a vocal advocate for her community and the broader western NSW region and fiercely fought for what she believed in.“While small in stature, Lilliane was a giant of local government for the last four decades and her unrivalled passion for the people of Cobar was critical in seeing the advancement of the community through local projects and funding.“After serving 20 years as Mayor of Cobar Shire Council, Lilliane leaves behind an enduring legacy, the likes of which we will never see again.“My deepest sympathy goes out to Lilliane’s family, friends, colleagues and the communities of regional NSW for which she fought tirelessly.”The State Funeral will be held in Cobar on Friday 19 February. /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:Australia, Cobar, community, council, Family, Government, New South Wales, NSW, Premierlast_img read more

first_imgStatement on National Security Advisor Jake Sullivan Leading First Virtual Meeting of U.S.-Israel Strategic Consultative Group The White HouseOn March 11, the United States and Israel will hold the first virtual U.S.-Israel Strategic Consultative Group meeting, led by U.S. National Security Advisor Jake Sullivan and Israeli National Security Advisor Meir Ben-Shabbat. The discussion will focus on regional issues, building on the close consultations between the two sides over the past several months. This meeting is part of the broader ongoing dialogue between the United States and Israel on the full range of issues of importance to the bilateral relationship, building on longstanding dialogues between our two nations under previous administrations. /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:building, dialogue, Government, Israel, security, United States, White Houselast_img read more

first_imgCOVID-19: Temporary suspension of service at Bloomfield, New Brunswick land border crossing From: Canada Border Services AgencyCOVID-19: Temporary suspension of service at Bloomfield, New Brunswick land border crossingBloomfield, New Brunswick land border crossing Due to the present public health situation and current travel restrictions, the CBSA has reviewed its operations in consultation with the United States Customs and Border Protection (U.S. CBP), and will temporarily suspend service at the Bloomfield port of entry effective May 8, 2021 at 23:59 (ADT). The port of entry is currently open from 9:00 a.m. to 5:00 p.m. on Monday to Saturday, and closed on Sunday.This measure is intended to be temporary in nature and is the result of low traffic volumes linked to the COVID-19 pandemic. The Bloomfield port of entry only processed a total of 69 travellers during the 2020/2021 fiscal year, a 96% decrease compared to the year before. This change is being undertaken to align service on both sides of the border. The CBSA plans to resume operations at the Bloomfield port of entry on October 1, 2021. The Agency will continue to monitor the public health situation as it evolves.Travellers must seek entry to Canada at an alternate port of entry, such as the Centreville border crossing (approximately 17 km north of Bloomfield; operating 6:00 a.m. to 10:00 p.m., seven days per week) or the Woodstock Road border crossing (approximately 32 km south of Bloomfield; operating 24 hours, seven days per week).Unless specifically exempted, travellers entering Canada must isolate themselves for 14 days if they have symptoms of, or confirmed, COVID-19, or quarantine themselves for 14 days if they do not have symptoms of COVID-19. All travellers 5 years of age or older, regardless of citizenship, must also provide proof of a valid COVID-19 test result at arrival.​ Full details about the travel restrictions can be found online.The Canada Border Services Agency (CBSA) continues to work diligently to prevent the spread of COVID-19 and its variants into Canada at all international ports of entry.Quick factsTravellers are required to wear a mask upon entry to Canada and while in transit to isolation or quarantine, unless the mask needs to be removed for security or safety reasons.At this time, all travellers, regardless of vaccination status, must follow entry, testing and quarantine requirements. All travellers, with limited exceptions, whether entering Canada by air or land, must use ArriveCAN. Travellers will need to submit the following information electronically before they board their flight or before arrival at a land border crossing:o travel and contact informationo quarantine plan (unless exempted from the mandatory requirement to quarantine set out in the emergency order under the Quarantine Act)o COVID-19 symptom self-assessment /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:Bloomfield, Border, Canada, citizenship, covid-19, Customs, Emergency, Government, isolation, pandemic, public health, quarantine, security, testing, United States, vaccination, Woodstocklast_img read more