Related news Keywords Investor protectionCompanies Ontario Securities Commission “These are boiler rooms … ponzi schemes, generally these scams involve a criminal element,” said Atkinson. “They are unregistered, they are not participants nor do they wish to be — they’re criminals.” Within the past two years the unit has helped to put about 15 people in jail, said Atkinson, something that the OSC could not do before the partnership. “We’re getting results,” he said. “I expect that to accelerate once this team really takes off.” The investigations tend to focus on smaller frauds that affect average investors and use the expertise of both organizations, such as the forensic accounting ability of the OSC and the wiretap and undercover capabilities of the police. Overall, the partnership has made the OSC enforcement division stronger, says Atkinson. “One of the results,” he says, “we’re making the OSC as effective, active and visible as possible by taking more cases to the criminal courts of justice.” Share this article and your comments with peers on social media OSC finalizes DSC ban The Ontario Securities Commission’s (OSC) crime unit is picking up momentum and helping to put more fraudsters in jail, says Tom Atkinson, director of enforcement, who spoke at the OSC Dialogue 2013 in Toronto on Tuesday. The crime unit — publically announced in June 2013 — is the result of a partnership formed between the police and the OSC to help bring more charges against people who defraud investors and who do not feel threatened by the regulator’s enforcement processes, including fines. NASAA approves model act for establishing restitution funds Retail trading surge on regulators’ radar, Vingoe says Fiona Collie Facebook LinkedIn Twitter
Jordan Press Previous federal budgets have used raw numbers on deficits and surpluses as evidence of how well governments are handling public finances. The Liberals began emphasizing the ratio of government debt to Canada’s economic output as a better measure. But as spending and borrowing have soared during the pandemic, neither is as useful as a “fiscal anchor” as it used to be.To guide decision-making, Page proposes a series of measures the Liberals can use to focus planned spending while also keeping federal finances healthy.They include setting a range for federal debt as a percentage of the overall economy over a 10-year period and yearly limits for spending increases.He also suggests the government prepare a policy response just in case economic conditions worsen, or improve beyond expectations.Page says the Liberals shouldn’t abandon all spending restraint because of Covid-19, despite what the government says about the need to support Canadians no matter what.Setting some framework would address concerns from Canadians about how much spending room the government has to address the next crisis, as well as addressing big policy issues like climate and income inequality, said Page, now the head of the Institute of Fiscal Studies and Democracy at the University of Ottawa.The deficit was last projected to hit $343.2 billion this year. The government has pledged an update this fall, but a date has yet to be set for one.The document is supposed to include rules the government plans to abide by as it goes about implementing some of its throne speech promises, such as national child care, but won’t have a specific budget target like a declining debt-to-GDP ratio.As Page points out in the article, published in “Policy” magazine, anchors remind governments they are not spending their own money, balance a natural political bias toward deficits instead of tax increases, and keep deficits from becoming uncontrollable.He suggests the Liberals could try to keep the national debt between 46 and 50 per cent of the overall economy, and do so over a 10-year period. Page also suggests to that spending could go up by at most four per cent annually, with priority placed on measures that would help the economic recovery.“The government has argued that this is not the time to set a medium-term fiscal anchor. We say it is time to open debate,” Page said in an email.The baseline scenario he and former PBO official Mostafa Askari produce, basing calculations on work of the current parliamentary budget office, suggest the base deficit could be $42.9 billion in 2027 and $36.9 billion in 2030.The national debt would top $1.5 trillion by the end of the decade and the debt-to-GDP ratio would fall to 46.2 per cent from 47.8 per cent this year. Last year, before the pandemic, the ratio was 31 per cent.The scenario is what Page and Askara describe as a “relatively disciplined fiscal framework,” but one without room for the Liberals’ throne speech promises. Share this article and your comments with peers on social media 123RF Canada’s first parliamentary budget watchdog says there are ways for the federal government to impose some discipline on its upcoming spending plans to keep the deficit from spiralling out of control.Kevin Page makes the argument in a paper publicly released Wednesday that the government should move away from spending to stimulate the economy as conditions improve following the shock of Covid-19. Covid vaccine-sharing discussions to dominate G7 summit talks Digital shift cushioned blow to post-pandemic growth outlook, BoC deputy says Economy grew at 5.6% annual rate in first quarter of year, Statistics Canada says Related news Keywords Economy, Coronavirus Facebook LinkedIn Twitter
New equipment will help marine service company expand From: Atlantic Canada Opportunities AgencyAdapting to meet customer needs helps companies in Atlantic Canada’s ocean industries to stay competitive and grow their businesses. With that in mind, Mid-Island Marine and Fabrication Limited will expand by adding a new travel lift that can repair and service bigger fishing vessels, creating up to 10 new jobs.May 6, 2021 · Triton, Newfoundland and Labrador · Atlantic Canada Opportunities Agency (ACOA)Adapting to meet customer needs helps companies in Atlantic Canada’s ocean industries to stay competitive and grow their businesses. With that in mind, Mid-Island Marine and Fabrication Limited will expand by adding a new travel lift that can repair and service bigger fishing vessels, creating up to 10 new jobs.Federal investment supports company’s growthScott Simms, Member of Parliament for Coast of Bays-Central-Notre Dame, on behalf of the Honourable Mélanie Joly, Minister of Economic Development and Official Languages, today announced a repayable contribution of $900,000 to Mid-Island Marine and Fabrication Limited.Companies in the marine and aquaculture industries are increasingly using larger vessels that require heavier lift capacity for service and repairs. This investment will enable Mid-Island Marine and Fabrication Limited to replace its smaller lift with a new 300-tonne remote operated travel lift that can accommodate larger vessels. The new equipment, which should be in place by this summer, will increase the total number of vessels the company services.Today’s announcement demonstrates the Government of Canada’s commitment to helping small- and medium-sized businesses grow, reach new markets and strengthen Atlantic Canada’s growing ocean economy.Quotes“Our ocean industries create good jobs and are an important part of Atlantic Canada’s economy. Our investments in companies such as Mid-Island Marine and Fabrication help to position our ocean sectors for sustainable growth, while also supporting the development of strong, resilient coastal communities.”– The Honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for ACOA“Mid-Island Marine and Fabrication operates a thriving business, creating economic activity that helps this province grow. We are committed to supporting local companies with their plans to upgrade and expand, so they can create jobs and be more competitive in the long-term.”– Scott Simms, Member of Parliament for Coast of Bays-Central-Notre Dame“Expansion of a new and larger travel lift will create more opportunities for aquaculture and fishery-related work in Newfoundland and Labrador, and Eastern Canada. It will also increase employment and revenue for the area.”– Peter Winsor, President, Mid-Island Marine and Fabrication LimitedQuick factsThe funding announced today is provided through ACOA’s Regional Economic Growth through Innovation (REGI) program.Based in Triton, Mid-Island Marine and Fabrication Limited operates a marine service facility with a lay down area, hydraulic and mechanical shop, welding and fiberglass shop. It also has specialized equipment including a travel lift, 23-tonne boom truck and scissors decks.The company services a number of industries, including aquaculture, mining, fishing and construction. It has customers throughout Canada, the United States as well as in St. Pierre-et-Miquelon, France.The Government of Canada is developing a Blue Economy Strategy to grow its ocean sectors through job creation, inclusion and conservation. Canadians are invited to share their views in an online engagement portal, which will collect diverse perspectives from coast to coast to coast, helping shape a strategy that will contribute to sustainable oceans, drive investment in ocean industries and create jobs in coastal communities as Canada charts its economic recovery from COVID-19. Online engagement is open until June 15, 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. 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Share Share via TwitterShare via FacebookShare via LinkedInShare via E-mail Categories:AcademicsCampus Community CU Boulder Engineering Center. (Credit: Glenn Asakawa/CU Boulder) Undergraduate and graduate students at CU Boulder will soon get new opportunities to pursue careers in the biomedical industry.At a meeting this week, members of the CU Board of Regents voted to approve a series of new degrees in biomedical engineering offered by the CU Boulder College of Engineering and Applied Science.Through these bachelor’s, master’s and doctoral degrees, students will have the chance to pursue classes from across the university, across engineering, biology and mathematics. The goal, organizers say, is to tap into a medical world that increasingly gears treatments to individuals and depends on rapidly evolving technologies.The degrees are the first of their kind in the CU system, and no other university in the state offers a stand-alone undergraduate degree in biomedical engineering.CU Boulder Provost Russell Moore touted the new programs, which could launch as early as fall 2020.“This initiative within the College of Engineering and Applied Science is well matched to our campus strengths in biomedicine, health and life sciences and should further strengthen educational and research collaborations in these areas across campus, in particular with the Department of Integrative Physiology, the BioFrontiers Institute and the Department of Biochemistry,” Moore said.It’s a particularly timely effort. Earlier this year, Forbes labeled biomedical engineering the most valuable college major. Bobby Braun, dean of engineering at CU Boulder, said that these latest educational opportunities will give students an edge in pursuing medical school or jobs in high-demand fields like bioimaging, neuroengineering, medical device design and more.“I am grateful to the more than 30 college faculty who signed on in support of these new degrees and more than 100 current students who spoke out in support of this effort,” Braun said. “By expanding our research and teaching mission, we will enhance the quality of life for all Coloradoans and grow our national impact in the medical and health sciences domains.”CU Anschutz Chancellor Donald M. Elliman Jr. added that the degrees will open up new opportunities for collaboration between his university and CU Boulder.“By hosting faculty research activities, sponsoring joint appointments and connecting CU Boulder engineering faculty with like-minded practitioners and clinicians on our medical campus, CU Anschutz looks forward to collaborating with the CU Boulder College of Engineering and Applied Science to strengthen the impact and national reputation of the biomedical, health and life sciences research across our state,” Elliman said. Published: June 13, 2019
Saleha joined Mobile World Live in October 2014 as a reporter and works across all e-newsletters – creating content, writing blogs and reports as well as conducting feature interviews…More Read more Altice set to compete with Orange in banking launch Altice’s Portugal unit is reportedly in discussions with two banks about tapping into its digital channels and offering a new generation of financial services next yearAlexandre Fonseca, CEO of Altice Portugal told Reuters: “We try to diversify because today’s operator is not the same as it was 10 or 15 years ago… A telecom today has to offer a wide range of services and products to the client,” he said. “We will continue to work to improve our services and be disruptive, not only in what we traditionally offer but also in areas we are less known for”.The chief added that Altice Europe’s plans to create a digital bank, reported last year, were on hold for the moment, but this will not stand in the way of the Portugal business going ahead with offering its own financial services.At the time it was said the service was likely to launch under the Alticebank name, fitting with the company’s new branding strategy to strengthen the Altice name globally.A launch into France’s banking sector would see it compete directly with Orange, which has had some teething troubles. Orange Bank was introduced in November 2017, having been delayed by four months due to issues related to quality and reliability. Subscribe to our daily newsletter Back Previous ArticleUS 5G drive boosts Ericsson bottom lineNext ArticleTele2 ups guidance as Com Hem deal nears Portugal Telecom launches mobile wallet pilot HomeMoneyNews Altice Portugal eyes mobile money Related Money Saleha Riaz Author AlticePortugal Tags AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 18 OCT 2018
TAGSjersey city hall annexNJ Transitsteven fulopvia SHARE Community Jersey CityPolitics & Policy Share on Facebook Tweet on Twitter Community Bayonne CarePoint Health reaches deal for Cigna Health Insurance to join their network RELATED ARTICLESMORE FROM AUTHOR Facebook Twitter Previous articleHoboken City Council unanimously votes to ban E-scooters on waterfront, parksNext articleNorth Bergen elected officials, police officers team up with ShopRite to fight hunger John Heinis The City of Jersey City has announced a new city-run bus service that will cost about $2 per ride as part of a cooperative effort with transportation company Via.Photo via Twitter.By John Heinis/Hudson County Viewâ€œAs NJ Transit continues to neglect the Cityâ€™s mass transit systems, and without help from the state, we are now creating our own innovative solutions that will meet the needs of our residents,â€ Mayor Steven Fulop said in a statement.â€œThis is the latest step towards our larger vision of getting cars off the road, while creating mobility in neighborhoods that sometimes lack connectivity to other parts of the City.â€The vendor partnership, the first of its kind in New Jersey, will create an innovative transit system with virtual stops and routes based on passenger demand.Areas of Jersey City identified as primary service areas will increase connectivity to other key shopping and business districts, government facilities, as well as PATH, ferry and light rail stations.â€œVia’s powerful technology is seamlessly integrating with public transit infrastructure around the globe, redefining the way people get around cities,” added Via co-founder and CEO Daniel Ramot.“We’re delighted to join forces with Mayor Fulop and the City Council to bring this cutting-edge, on-demand shuttle system to Jersey City, providing residents with a convenient, affordable, and congestion-reducing dynamic transportation alternative.”While Via operates in city’s across the country, they are best known for starting a similar networks using vans to shuttle commuters between uptown and downtown Manhattan.Using the Via app, riders will be able to hail a shuttle directly from their smartphone. Viaâ€™s advanced algorithms will enable multiple riders to also share the vehicle.Additionally, the technology will direct passengers to a nearby virtual bus stop within a short walking distance for pick up and drop off, allowing for quick and shared trips without lengthy detours, or inconvenient fixed routes and schedules.Via will operate at approximately $2 per ride, with discounts for seniors and low-income residents at $1 or less.Service will operate Monday through Friday from 6 a.m. to 10 p.m. While Via will operate with 14 vehicles in Greenville and the Heights, at least 10 percent of the programâ€™s fleet will be fully electric vehicles – with a focus on increasing the number of electric vehicles in the upcoming years.Furthermore, riders can request a wheelchair accessible vehicle should they indicate it is needed. This will also bring additional job opportunities to Jersey City, with Via drivers being paid well above the state minimum wage. By John Heinis – September 19, 2019 11:31 am 0 FBW says Prime Cycle’s new location violates state guidelines for Hoboken waterfront Jersey City announces new city-run bus service that will cost about $2 per ride Jersey City high school teacher suspended after rant calling George Floyd ‘a f***ing criminal’
dlewis33/iStock(HOUSTON) — When Houston police narcotics detectives served a search warrant on one of her clients in 2016 for possession of drugs, defense attorney Monique Sparks questioned the validity of the case as soon as she saw Officer Gerald Goines was involved.“I would say that at least for 10 years that I know of, he’s kind of been terrorizing the community,” Sparks told ABC News on Thursday. She said she has received numerous complaints from defendants about Goines’ questionable behavior, which she described as threatening and even criminal. But she said they were too afraid to file official grievances.“So they would tell me this and I’m like, ‘OK, what you have to do is make a report and they wouldn’t do it,” Sparks said, adding that most of the people targeted for arrest by Goines were low-income African Americans. “We would tell the prosecution this is what this cop did and it was just very hard to catch him or for people to want to take it up the chain.”Goines is the former Houston narcotics officer now facing murder charges stemming from a January 2019 botched drug raid in which a married couple was killed in a gunbattle that left four police drug-team members, including Goines, wounded. An investigation found Goines allegedly lied in an affidavit to get a judge to sign off on the no-knock warrant, an angry Houston Police Chief Art Acevedo said at a February 2019 news conference.On Wednesday, Houston District Attorney Kim Ogg revealed that a review of cases Goines played a substantial role in, between 2008 and 2019, found 69 people who may have been convicted on false evidence presented by Goines.“We need to clear people convicted solely on the word of a police officer whom we can no longer trust,” Ogg said in a statement.Ogg filed a motion on Wednesday requesting judges appoint lawyers for the 69 individuals so they can begin the process of possibly having their Goines-related convictions overturned.All charges were dismissed against Sparks’ client back in March 2019.“In the interest of justice, the ongoing investigation of Gerald Goines prevents us from moving forward to trial on this case at this time,” Dane Schiller, a spokesman for the Harris County District Attorney’s Office, said in a statement at the time announcing charges were being dropped against Sparks’ clients.Sparks said Oggs’ announcement this week came as no surprise to her or for many members of Houston’s poor black neighborhoods.“I think the truth has been known for a while that he was a dirty cop,” Sparks said. “This is just the first thing that surfaced that’s been made public. It was kind of common knowledge around the courthouse that he was a bad cop, but this made it common knowledge for everyone.”Goines was relieved of duty in the wake of the botched raid that left Dennis Tuttle, 59, and his wife Rhogena Nicholas, 58, dead.He had been a Hoston police officer for 25 years and was wounded in the line of duty three times, including during the raid on Tuttle and Nicholas’ home, Acevedo said at the time.In August 2019, Goines was charged with two counts of murder stemming from the deaths of Tuttle and Nicholas. Another Houston officer, Steven Bryant, was charged with tampering with a government document in an alleged attempt to help Goines cover up the illegally obtained search warrant.Authorities alleged that Goines falsely claimed in an affidavit that a confidential informant conducted two drug purchases of black tar heroin at the home of Tuttle and Nicholas after investigators learned the informant never went to the house, according to documents filed in Harris County District Court.Goines and Bryant have both pleaded not guilty to the state and federal charges filed against them.Both officers were charged in November with federal crimes of deprivation of rights under color of law, destruction, alteration or falsification of records in federal investigations and tampering with a witness, victim or informant.In an interview with ABC station KTRK-TV in Houston, Ogg said that in the 69 cases now suspected of being tainted, Goines was the sole witness.“People were convicted, they went to jail, they went to prison,” Ogg said.She said Goines, who is African American, investigated, arrested and sought charges against low-income African Americans.Goines’ attorney, Nicole Deborde, accused Ogg of attempting to influence potential jurors with her announcement this week and trying to make a publicity grab as she faces a Democratic primary election on March 3.“These are carefully timed media blitzes which are an end-run around the ethical rules that she can’t talk about the facts of the actual pending case,” Deborde told KTRK. “This is a transparent political Hail Mary as she approaches the primary deadline.”But Mike Doyle, an attorney representing the family of Rhogena Nicholas in a pending civil case against the Houston Police Department, applauded Ogg’s decision.“I think at this point, it calls into question whether anything he [Goines] did can be trusted,” Doyle told KTRK.Copyright © 2020, ABC Audio. 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Britain’s government is preparing for the “very real prospect” of leaving the European Union without a deal, Michael Gove, the new minister in charge of no-deal preparations, said.The U.K. “must operate on the assumption” that EU leaders will not agree to change the Withdrawal Agreement and that Britain will therefore leave without a deal, Gove wrote in an op-ed for the Sunday Times.While Boris Johnson’s government still hopes to strike a deal with Brussels, it will not “simply present parliament once again with the same Withdrawal Agreement it’s already rejected three times,” Gove wrote. As his government will not budge on the withdrawal date, the only way to avoid a no-deal Brexit on October 31 is if the EU agreed to “abolish the backstop.” “In the days and weeks ahead the prime minister and his team will undertake intensive efforts, talking to the EU’s leaders,” to start such a renegotiation, Gove wrote.EU leaders have insisted they won’t agree to scrap the backstop, designed to avoid a hard border in Ireland.”We still hope they will change their minds, but we must operate on the assumption that they will not. The prime minister has been crystal clear that means we must prepare to leave the EU without a deal on October 31, and I fully support this approach,” Gove wrote. Also On POLITICO Boris Johnson on ‘collision course’ with EU, says Ireland’s Coveney By Charlie Cooper and Maïa de La Baume Michael Gove appointed Cabinet Office boss By Emilio Casalicchio
The Disco Biscuits recently announced plans for a New Year’s run, with two nights at Chicago’s Concord Music Hall (12/26-27) followed by three nights in New York City at the Best Buy Theater (12/29-31). Support acts for the New York run have been announced, with Modern Measure playing on the 26th and 29th, Cosby Sweater on the 27th, and our good friends TAUK lending their efforts on the 30th. The 31st, as is the norm, will be strictly an “Evening with” night, with the Biscuits playing 3 full sets. Tickets for all shows can be purchased here.Tauk has been on our radar for awhile now, between their album release party for Homunculus at the now closed Sullivan Hall last year, to our recent interview with guitarist Matt Jalpert over the summer. This is a band that is clearly on the rise, and if you haven’t seen them yet, do not miss their opening set on the 30th. Trust us!Cosby Sweater is all over the place right now. On tour non-stop and playing with everyone from Pretty Lights, Umphrey’s McGee (hint hint at a potential upcoming afterparty), Deltron 3030, Lotus, EOTO, and a killer performance at this year’s Catskill Chill, Cosby and their Sweater are making waves quick.Modern Measure, made up of Kyle Holly (Music Production, Live Drums) and Charlie Thornton (Live DJ, Live Sampling, Music Production) has already set the bar high coming off of sold out performances in Atlanta, as well as touring across the United States, and a huge set at CounterPoint Music Festival and playing with acts such as STS9, Big Gigantic, Break Science, Zoogma, and more.The Biscuits are coming off a successful 3-night stand in Philly at City Bisco. Check L4LM’s review here.
An old friend of Kurt Cobain’s, Melvins frontman Buzz Osborne, claims that 90% of the recent critically acclaimed Cobain documentary Montage of Heck is complete bullshit.In a piece for The Talkhouse, Osborne dissects the film, calling the filmmakers out for a major lack of fact-checking. Osborne goes way back with the Nirvana guys, having attended high school with Cobain and playing with his band at Nirvana’s final show. Knowing him as well as he does, Buzz believes many of Kurt’s stories were just created to mess with people, and blames the film for lack of thorough research.Watch Kurt Cobain Read Hate Mail Wearing A Wedding Dress And Hitler Mustache“People need to understand that 90% of Montage of Heck is bullshit,” he writes. “Total bullshit. That’s the one thing no one gets about Cobain — he was a master of jerking your chain.”Certain things he calls him out on are the “I tried to fuck a fat retard” story (“That’s too good a story to have gone this long without me hearing about it”), his stomach issues (“He made it up for sympathy and so he could use it as an excuse to stay loaded”), living under a bridge (“As far as I know, Kurt never set foot under any bridge in that town, let alone lived under one”), and Courtney’s claims of a previous suicide attempt (“She’d have us believe that Kurt tried to off himself when she’d only thought about cheating on him?”).Watch Cobain Choose Band Name Nirvana In New ‘Montage of Heck’ Clip“I find it amusing that the filmmakers never bothered to fact-check simple stuff like this, and just took Kurt and Courtney at their word,” he writes. “Unfortunately, it matters very little what the facts are; what matters is what people believe. And when it comes to Cobain, most of what they believe is fabricated nonsense. Montage of Heck does nothing to counter that. With that in mind, it’s really hard to take any of this film seriously.”Source