Javid launches parting shot over Treasury ‘impartiality’

first_imgThursday 13 February 2020 10:00 pm Tensions between Number 10 and Number 11 dramatically came to a head during yesterday’s reshuffle, with Javid resigning in protest over plans to fire his advisers and merge his political team with the Prime Minister’s as part of a single economic unit. The 39-year-old Rishi Sunak, who was Javid’s deputy at the Treasury, was promoted to the biggest economic role in government.  Share Javid launches parting shot over Treasury ‘impartiality’ whatsapp Paul Howells, CEO of Accumulate Capital, said “2020 promised to be a period of relative calm… but instead yet another cabinet reshuffle has backfired.” Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreakerUndoFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterUndoMedical MattersThis Picture Shows Who Prince Harry’s Father Really IsMedical MattersUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyUndobonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comUndoMisterStoryWoman files for divorce after seeing this photoMisterStoryUndoNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoDefinitionThe Funniest Yard Signs EVER WrittenDefinitionUndo “The forthcoming Budget will probably be more of the Prime Minister’s making than would otherwise have been the case; this increases the likelihood of a bold budget with populist spending announcements,” he added. Former Chancellor of the Exchequer, Sajid Javid, speaks with a television news reporter after resigning from his post (Getty Images) “Consumers, businesses and investors are crying out for a bit of consistency and clarity from Westminster,” he continued. A government spokesman was unable to confirm what the unexpected switch meant for the Budget, which is scheduled for 11 March, having already been cancelled at least once since last summer. The City’s reaction to Javid’s departure was largely one of confusion with, Tom McPhail of Hargreaves Lansdown saying “the resignation of the chancellor just a few weeks ahead of the Budget was definitely not in the script. Show Comments ▼center_img The pound dropped sharply on news of Javid’s departure, but recovered as the City anticipated Sunak’s promotion would leave the path open for higher government spending. Sunak was himself replaced by former Brexit secretary Steve Barclay.  Javid and Sunak were not the only changes at the Treasury. Simon Clarke, who had been a highly effective exchequer secretary, has been moved out of the department, taking a role at the housing ministry. He is being replaced by Kemi Badenoch. Asked if the fiscal event was going ahead as planned, and if the fiscal rules set out by Javid would still stand, the government’s spokesman said only: “Preparations have been carried out and will continue at pace”.  Catherine Neilan Sajid Javid launched a parting shot at the Prime Minister yesterday after sensationally quitting as Chancellor, warning that Johnson and his aides were risking the “credibility” of the Treasury. Javid also urged Johnson to “ensure the Treasury as an institution retains as much credibility as possible” and said it was “crucial for the effectiveness of government that you have people are you who can give you clear and candid advice,” interpreted as a criticism of the plans to bring the fiercely independent Treasury under the PM’s aides’ control.  Despite run-ins with Boris Johnson’s chief adviser Dominic Cummings, it was widely thought that Javid would be safe in what was seen as a largely run-of-the-mill reshuffle. However, Javid said he “could not accept the conditions” attached to his reappointment in a letter to the Prime Minister released late last night.  The move signals less independence for the Treasury during a critical time for the country’s finances, as Number 10 looks likely to embark on a series of expensive infrastructure projects while also dealing with the potential fallout of Brexit once transition ends in December.  whatsapp But the landgrab was not totally unexpected. Javid has been at loggerheads with Johnson’s chief adviser Cummings for many months. The pair clashed over Cummings’ decision to sack former Treasury adviser Sonia Khan without her boss’ knowledge, while both teams descended into a briefing war with Number 10 dubbing Javid “Chino” – chancellor in name only.  last_img read more

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Number of workers on UK furlough scheme nears 9m

first_imgThe scheme will end entirely at the end of October, chancellor Rishi Sunak has said, with employers starting to cover some of the costs of furloughed wages from August. The deadline for employers to place new staff on furlough is tomorrow, and the scheme will be closed to new entrants from 30 June.  Some 2.6m self-employed workers have submitted claims for a total of £7.5bn under the government’s self-employment income support scheme, according to Treasury data. Almost nine million workers have now been furloughed (AFP via Getty Images) As of 7 June, 8.9m jobs were being supported by the government under its coronavirus job retention scheme, an increase of 200,000 on the week before.  Before the Open newsletter: Start your day with the City View podcast and key market data More From Our Partners Biden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Almost nine million workers have now been furloughed (AFP via Getty Images) Also Read: Number of workers on UK furlough scheme nears 9m Share Tags: Coronavirus “That’s a level of inactivity in the jobs market we haven’t seen, possibly ever,” he added. Almost 9m workers in the UK have been furloughed due to the coronavirus pandemic at a cost of £19.6bn, according to new figures from the Treasury. Tuesday 9 June 2020 10:38 am Show Comments ▼ Almost nine million workers have now been furloughed (AFP via Getty Images) Also Read: Number of workers on UK furlough scheme nears 9m “We’ve seen activity across the economy collapse, and we’ve seen a rapid rise in inactivity among workers – both people being made unemployed, but importantly… eight million people underemployed due to furlough schemes,” Andy Haldane said at an online conference.  The Bank of England’s chief economist warned yesterday that Britain is suffering from what could be a record amount of inactivity in its labour market due to the Covid-19 pandemic. Under the coronavirus jobs retention scheme, the government covers 80 per cent of the wages of staff who have been placed on furlough, up to a total of £2,500 per month. whatsapp whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreakerUndoFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyUndobonvoyaged.comTotal Jerks: These Stars Are Horrible People.bonvoyaged.comUndoinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsUndoNoteableyAirport Security Couldn’t Believe These Jaw-Dropping MomentsNoteableyUndo Number of workers on UK furlough scheme nears 9m Anna Menin Businesses have now claimed £19.6bn to cover the wages of furloughed employees, the data showed, up from £17.5bn the previous week. last_img read more

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BNP Paribas urges investors to pressure politicians on climate rules

first_img“It’s not enough to just be aware of what might happen, how might that unfold and how can we be best positioned,” Ambachtsheer said. Tags: Climate change COP26 Net zero Millie Turner BNP Paribas urges investors to pressure politicians on climate rules As the world’s eighth-largest bank by total assets, the move would help pressure fossil fuel heavyweights. “It’s increasingly well understood if we don’t implement the Paris Agreement, don’t tackle the biodiversity challenge and crisis, significant portions of GDP are at risk,” Ambachtsheer said. “We need a plan. We need to accelerate that plan.” “Investors have not been coordinated in supporting policymakers with those difficult decisions and accelerating the change. If we’re going to achieve net-zero by 2050, we have to work harder on that.” United Nations-backed Principles of Responsible Investment, which represents $103 trillion in assets under management, is the best forum for collaboration, Ambachtsheer suggested. whatsapp Bank BNP Paribas has begun urging investors to press politicians to commit to the Paris Agreement with policy and make rules for net-zero targets. whatsapp Also Read: BNP Paribas urges investors to pressure politicians on climate rules center_img Monday 10 May 2021 11:54 am Show Comments ▼ Global investors have been successful through collaborations like Climate Action 100+ in pressuring business giants like BHP, BP and Unilever to decarbonise their operations. Also Read: BNP Paribas urges investors to pressure politicians on climate rules Investors are failing to chase strong climate policies, global head of sustainability at BNP Paribas Asset Management, Jane Ambachtsheer, told Bloomberg. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikePost FunGreat Songs That Artists Are Now Embarrassed OfPost FunUndoMoneyPailShe Was An Actress, Now She Works In ScottsdaleMoneyPailUndoGameday NewsMichael Oher Tells A Whole Different Story About ‘The Blind Side’Gameday NewsUndoTaco RelishSuspicious Pics That Are Fishier Than The SeaTaco RelishUndoZen HeraldShe Inspired Three Of The Most Popular Songs EverZen HeraldUndoSportinal20+ Female Gymnasts And How They Look NowSportinalUndoTrend ChaserThey Were Famous In The ’70s. This Is Them TodayTrend ChaserUndoLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthUndoPaws ZillaIf A Bear Attacks You, Do What This Navy SEAL SaysPaws ZillaUndo The investment group’s commitment said: “As institutional investors, we have a duty to act in the best long-term interests of our beneficiaries… we believe that environmental, social, and corporate governance (ESG) issues can affect the performance of investment portfolios.” Share Also Read: BNP Paribas urges investors to pressure politicians on climate rules More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Instead of chasing policies, however, investors should start chasing politicians to help identify policies that support business and communities to speed up the transition, the sustainability lead added.last_img read more

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Public pushes back against House’s proposed budget cuts

first_imgAging | Alcohol & Substance Abuse | Business | Juneau | Mental Health | Southcentral | Southwest | State GovernmentPublic pushes back against House’s proposed budget cutsMarch 1, 2016 by Andrew Kitchenman, KTOO and Alaska Public Media Share:A crowd representing a variety of interests gathered in the House Finance Committee room during public testimony on the state budget, Feb, 29, 2016. (Photo by Skip Gray/360 North)Alaskans giving public testimony this week on the House’s budget proposal oppose cuts to many areas.The Republican-led majority released a budget proposal this week that included $145 million more in cuts than Gov. Bill Walker’s budget. It would reduce spending on everything from public libraries to senior benefits.Roughly 100 people testified Monday and Tuesday on the budget.The cuts include reduced grants to mental health and addiction treatment programs.Residents also opposed cuts to prekindergarten, public libraries and the University of Alaska. And they said they want the House to avoid cuts to senior benefits and public broadcasting.Juneau resident Kara Nelson directs Haven House, a faith-based home for women leaving prison. She opposed cuts to behavioral health grants.“There are over 120 people today alone that died from an accidental overdose in our nation,” Nelson said. “That is an Alaska Airlines flight that died every single day, and that was in 2015. And so I urge you that we are trying to lessen the beds in our prisons, but we have no supports already to support the well-being of our people.”Elizabeth Ripley, executive director of the Mat-Su Health Foundation, shared her concerns over behavioral health cuts.“Cutting behavioral health grants will only reinforce the current system that drives people to seek care in the emergency room,” Ripley said. “A 2013 data analysis shows that Mat-Su Regional Emergency Department had five times the number of visits than our community mental health center. These visits to one hospital cost Alaskans $23 million in 2013, not including doctor, EMS or police costs.”Kodiak Public Library Director Katie Baxter urged House Finance Committee members to restore funding for the Online With Libraries, or OWL, program. It funds high-speed internet connections and receives federal funds — known as E-Rate — that match state contributions.“I am here to urge you to restore the governor’s funding of $761,800 to restore the OWL internet connectivity program,” Baxter said. “This program is an intricate system that is cost efficient that involves local and federal funding. By eliminating the OWL program as the house subcommittee has done, now we are leaving federal E-Rate dollars on the table. And I for one really don’t want to do that.”The House Finance Committee will hear more public testimony Wednesday and Thursday.Share this story:last_img read more

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In St. Paul, this Alaskan vows ‘Never Trump’

first_imgAudio Playerhttps://media.ktoo.org/2016/10/ann-20161020-10.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.You can find our other interviews with Alaska voters here:In Anchorage, a Trump supporter keeps the faithIn St. Paul, this Alaskan vows ‘Never Trump’Young Clinton fan ‘totes’ her supportFor this Anchorage Republican, Johnson trumps TrumpFor Trump supporter, Clinton presidency raises fears of ‘last days’Share this story: Alaska’s Energy Desk | Politics | Southwest | WesternIn St. Paul, this Alaskan vows ‘Never Trump’October 20, 2016 by Zoë Sobel, Alaska’s Energy Desk Share:Bill Briggs is a Hillary Clinton supporter in St. Paul. (Photo by Zoë Sobel/KUCB)As Election Day approaches, we’re checking in with voters around the state, asking what issues matter to them most — and who they’re supporting for president.Yesterday we heard from Julie Tisdale, a Trump supporter in Anchorage.Tonight we hear from Bill Briggs of St. Paul. Briggs is 60. He’s lived in St. Paul for 10 years, and manages the island’s seafood processing plant. And he is definitely not on the Trump train.He spoke with Zoë Sobel of Alaska’s Energy Desk.last_img read more

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Biogen to pay $22 million for illegally using charities to pay kickbacks to Medicare patients

first_img What is it? About the Author Reprints By Ed Silverman Dec. 17, 2020 Reprints [email protected] AP/Biogen Ed Silverman Log In | Learn More Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. Unlock this article — plus daily coverage and analysis of the pharma industry — by subscribing to STAT+. First 30 days free. GET STARTED What’s included?center_img GET STARTED Biogen to pay $22 million for illegally using charities to pay kickbacks to Medicare patients Tags biotechnologySTAT+ Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry. @Pharmalot STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. Biogen (BIIB) has agreed to pay $22 million to resolve allegations that donations it paid to charities were actually kickbacks to Medicare patients used to cover out-of-pockets costs for its multiple sclerosis medicines.This is only the latest instance in which federal authorities have cracked down on such arrangements between drug makers and patient assistance charities. Over the past three years, some of the biggest names in the pharmaceutical industry – including Gilead Sciences (GILD), Pfizer (PFE), Amgen (AMGN), a Johnson & Johnson (JNJ) unit, Sanofi (SNY), and Novartis (NVS) – have reached similar agreements, as have several charities. Pharmalot last_img read more

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NASA’s Ingenuity makes history as first helicopter flight on another planet

first_imgCuriosity rover spots colorful, sparkling clouds on Mars June 2, 2021 New NASA photo shows our galaxy’s ‘violent energy’ June 1, 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 The chopper autonomously flew through the thin Martian atmosphere, with no help from its teams on Earth.“We can now say that human beings have flown a rotorcraft on another planet,” said MiMi Aung, Ingenuity project manager at JPL “We’ve been talking about our Wright Brothers moment on another planet for so long. And now, here it is.”The-CNN-Wire™ & © 2021 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. RELATEDTOPICS Advertisement Advertisement The Ingenuity helicopter has successfully completed its historic flight on Mars and safely landed back on the surface, according to NASA.The first powered, controlled flight on another planet took place at 3:30 a.m. ET.The helicopter team was in mission control at NASA’s Jet Propulsion Laboratory in Pasadena, California, early Monday morning to receive and analyze the first data from Ingenuity’s flight attempt, reported CNN.Information from the flight returned to Earth a few hours after it was completed. Senate confirms former Florida Sen. Bill Nelson as next NASA administrator May 1, 2021 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 AdvertisementCLICK HERE to watch as NASA receives confirmation of the successful flight.The helicopter was scheduled to take its first flight on April 11, but engineers found a command sequence issue that needed to be fixed.The Perseverance rover will take photos of the event and assist in collecting environmental data. It will also be what mission controllers use to communicate with the helicopter. Michael Collins, Apollo 11 astronaut, dies at 90 April 29, 2021 AdvertisementTags: MarsNASAPerseverancelast_img read more

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Authorities encourage residents to report on one another

first_img News Authorities encourage residents to report on one another There are signs that North Korea is running into serious difficulties with its corn harvest SHARE Sources are indicating that the North Korean authorities are using inminban or neighborhood watch meetings to encourage residents to report on each other for legal infractions. Officials from North Korea’s judicial agencies have attended the meetings and reminded residents of the phone numbers to call when reporting suspicious activities to the Ministry of State Security (dial 110), and the Ministry of People’s Security (dial 118). The repeated mention of these numbers has come with strong encouragement for residents to report on each other. “Residents are being instructed to report if they see anyone taking pictures of specific buildings or of homeless children,” a source in Ryanggang Province told Daily NK on May 3. “The authorities have long relied on residents to report on each other, but things are a bit different this time around because the authorities have given the residents phone numbers for law enforcement entities and are urging residents to quickly provide reports.” The developments suggest that the regime is responding to the influx of outside information into North Korea and the leaking of domestic information abroad. The source added that a new slogan is being used by the authorities to enable them to “uproot the breeding grounds for anti-socialist and counter-revolutionary activities in Ryanggang Province,” and that residents are being advised to avoid meeting with suspicious people to avoid becoming the target of an inquiry.“Party cadres are actually more commonly involved in illegal activities and drugs than normal residents, so these developments are making them nervous. Residents choose to tread carefully whenever the authorities ratchet up the pressure. They’re encouraging each other to be careful,” the source explained.Residents, however, are generally unwilling to report on each other because there is no reward for doing so. In addition, anyone who lodges a report must be on call until the situation is resolved. A separate source in Ryanggang Province explained that often the person submitting the report also falls under suspicion, so residents do not proactively seek to report incidents. “The safest practice is to pretend that you have not seen or heard anything unusual,” he said.“But as residents are also told that there will be punishments for those who do not report suspicious activity, there will be some who actually do call in to file a report.”  Facebook Twitter NewsEconomy News center_img By Kang Mi Jin – 2017.05.08 3:12pm Kang Mi JinKang Mi JinKang Mi Jin is a North Korean defector turned journalist who fled North Korea in 2009. She has a degree in economics and writes largely on marketization and economy-related issues for Daily NK. Questions about her articles can be directed to [email protected] North Korea Market Price Update: June 8, 2021 (Rice and USD Exchange Rate Only) News RELATED ARTICLESMORE FROM AUTHOR US dollar and Chinese reminbi plummet against North Korean won once againlast_img read more

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OSC bans fraudster

The penalties follow joint submissions from Pelcowitz and OSC staff on sanctions, which the commission found “was appropriate and proportionate” to the findings made against him after a hearing earlier this year. Following that hearing, the OSC ruled that Pelcowitz and IMG International Inc. (IMG) committed fraud; facilitated unregistered trading; and, acted contrary to the public interest. IMG was also permanently banned from the markets, and it was found jointly liable for the disgorgement order. In the case, OSC staff claimed that between August 14, 2008 and June 11, 2009, individuals identifying themselves as representatives of Nest Acquisitions and Mergers (Nest A&M) and IMG solicited investors as part of the advance fee scheme. Ultimately, the commission found that IMG and Pelcowitz had violated securities laws; but it dismissed the charges against Nest A&M, and an individual going by the name, Michael Smith, since OSC staff could not prove that they exist. Earlier, the OSC approved a settlement with another person accused in the scheme, and dropped its allegations against a fourth person. The Ontario Securities Commission (OSC) has ordered a $1 million in monetary sanctions, and a permanent market ban, against a man that it found participated in an advance fee scam. In its decision handed down last week, the OSC ordered that David Paul Pelcowitz must pay an administrative penalty of $300,000, over $600,000 in disgorgement, and $100,000 in costs. It also ordered that he be permanently ban from the markets. James Langton Share this article and your comments with peers on social media Related news Retail trading surge on regulators’ radar, Vingoe says Keywords FraudCompanies Ontario Securities Commission Imposters among us, CSA warns DoJ launches task force to tackle Covid-19 fraud Facebook LinkedIn Twitter read more

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Canada awards contract for reconfiguration work on Canadian Coast Guard Ship Sir Wilfred Grenfell

first_imgCanada awards contract for reconfiguration work on Canadian Coast Guard Ship Sir Wilfred Grenfell From: Public Services and Procurement CanadaThrough the National Shipbuilding Strategy, the Government of Canada is ensuring the Canadian Coast Guard (CCG) has the vessels it needs to keep Canadian waterways safe and accessible, while generating significant economic benefits to communities across Canada.Through the National Shipbuilding Strategy, the Government of Canada is ensuring the Canadian Coast Guard (CCG) has the vessels it needs to keep Canadian waterways safe and accessible, while generating significant economic benefits to communities across Canada.Following an open and competitive process, Public Services and Procurement Canada, on behalf of the CCG, has awarded a $17.3-million contract to Allied Shipbuilders Limited, in North Vancouver, British Columbia, for vessel life extension (VLE) work on the Canadian Coast Guard Ship (CCGS) Sir Wilfred Grenfell.The vessel will undergo VLE work, enabling it to take on a broader range of tasks, notably buoy tending and search and rescue. Work will include painting the hull and deck, updating navigation equipment and networks, installing a new cargo hold and hatch, replacing propulsion thrusters, modifying the ballast system and installing new machinery.This contract was awarded under the repair, refit and maintenance component of the National Shipbuilding Strategy, which provides ongoing opportunities for shipyards and suppliers across Canada. The contract will help create or sustain up to 140 jobs.Quotes“The National Shipbuilding Strategy continues to help stimulate the Canadian economy, creating and sustaining marine sector jobs, while maintaining federal fleets. This contract will deliver necessary upgrades to the CCGS Sir Wilfred Grenfell, so the Canadian Coast Guard can continue to carry out its important work on the west coast.”The Honourable Anita AnandMinister of Public Services and Procurement“The Canadian Coast Guard operates coast to coast to coast performing critical duties from icebreaking to search and rescue missions. It is crucial Coast Guard members have the most effective, modern equipment to meet the intense demands of their job. Under the National Shipbuilding Strategy, we are proud to announce that the life of the CCGS Sir Wilfred Grenfell will be extended, thanks to the skilled work of the Allied Shipbuilders. This contract will create up to 140 good jobs for Canadians and help restore a vital part of our Coast Guard’s fleet.”The Honourable Bernadette JordanMinister of Fisheries, Oceans and the Canadian Coast GuardQuick factsThe project will commence in February 2021, when the vessel will be towed to the supplier’s facility in North Vancouver, British Columbia, for dry-docking. Work will continue until mid-July 2021. The vessel will also be inspected by marine regulatory bodiesThe CCGS Sir Wilfred Grenfell is based in Victoria, British Columbia, serving the Western RegionThe vessel was constructed in 1985 by Marystown Shipyard in Newfoundland. Originally built as an offshore support vessel, it was converted into a search and rescue vessel by the CCG, and entered the Coast Guard service in December 1987As of December 2020, the Government of Canada has awarded more than $17.34 billion of National Shipbuilding Strategy-related contracts across the country; approximately $7.95 billion in contracts has been awarded under the repair, refit and maintenance pillar of the strategyThe CCGS Sir Wilfred Grenfell is named after Sir Wilfred Thomason Grenfell (1865-1940), a medical missionary to Newfoundland and Labrador, whose legacy includes the creation of hospitals, orphanages, social welfare centres, hospital ships and schools /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:British, Canada, Economy, Fisheries, Government, Grenfell, hospital, jobs, Jordan, meet, Minister, project, Public Service, rescue, Victorialast_img read more

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