Coast Capital, Qtrade to expand partnership

Share this article and your comments with peers on social media There’s $149 million in B.C.’s lost and found The expanded agreement would also further Coast Capital’s relationship with Montreal-based Desjardins Group, which purchased 40% of Qtrade’s shares early this month. In early April, Coast Capital made an agreement with the Quebec-based credit union to share expertise in products and services. Executives with Qtrade and Coast Capital expect an announcement on the final details of the partnership will be made before the end of the year. With 504,000 members Coast Capital is the largest credit union in Canada by membership. The credit union has a total of $14.6 billion in assets under administration and operates 50 branches in Vancouver, Fraser Valley and Vancouver Island. Qtrade provides extensive brokerage and wealth management platforms, services and solutions to Canadian retail clients and the customers of financial institutions. Surrey, B.C.-based Coast Capital Savings Credit Union and Vancouver-based Qtrade Financial Group have signed a letter of intent to expand their current wealth management relationship, the companies announced on Friday. The companies will now begin a period of negotiation, which, if successful, will allow Coast Capital to access Qtrade’s dealer and back office support for wealth management services. Merger of B.C. financial services, real estate regulators nears completion Ontario regulator to provide $500M credit facility to PACE Credit Union Related news Keywords Credit unionsCompanies Coast Capital Savings Credit Union, Desjardins Group, Qtrade Financial Group IE Staff Facebook LinkedIn Twitter read more

Achievement of casual employment certainty is welcome but rest of IR Omnibus Bill must not be adandoned

first_imgAchievement of casual employment certainty is welcome but rest of IR Omnibus Bill must not be adandoned Australia’s leading business groups welcome the passage through the Senate of amendments to the Fair Work Act that will deliver much needed certainty regarding casual employment. The amendments will provide:A clear definition of a ‘casual employee’;Protection against unfair ‘double-dipping’ claims that would have imposed costs of up to $39 billion on employers and led to widespread business closures and mass job losses; andRobust conversion rights for casual employees.We appreciate the extensive efforts made by the Government to develop the moderate and sensible package of reforms in the IR Omnibus Bill, and the support of Senators Pauline Hanson and Malcolm Roberts in working constructively with the Government on all the measures in the Bill.It is deeply disappointing that Senators Griff, Lambie and Patrick could not find a way to support measures in the Bill that would encourage the employment of hundreds of thousands of Australians.It is important that the Government does not abandon the rest of the Bill and further efforts need to be made over the months ahead to secure support. Otherwise, employers will be left with:An enterprise agreement system that is withering on the vine because of an unworkable Better Off Overall Test and Fair Work Commission approval requirements that are almost impossible to navigate;An award system that is far too complex and inflexible; andThe lost opportunity for project life greenfields agreements to drive investment and jobs.The legislation was the outcome of an extensive Government consultation process over the past nine months involving working parties of industry and union representatives. A sensible compromise was reached on the casual employment provisions aimed at boosting confidence, investment, job creation and wages.This statement is released by:Jenny Lambert, Acting CEO, Australian Chamber of Commerce and Industry (ACCI)Innes Willox, Chief Executive, Australian Industry Group (Ai Group)Jennifer Westacott AO, Chief Executive, Business Council of Australia (BCA)Steve Knott AM, Chief Executive, Australian Mines and Metals Association (AMMA)Denita Wawn, Chief Executive, Master Builders Australia (MBA) /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:ACCI, AusChamber, Australia, Australian, Australian Chamber, Australian Chamber of Commerce and Industry, Australian Industry Group, Business Council of Australia, Chamber of Commerce, Commission, employment, enterprise agreement, Fair Work Act, Fair Work Commission, Government, Investment, legislation, Pauline Hansonlast_img read more

South Africa Looking to Increase Exchanges in Arts and Culture

first_imgRelatedSouth Africa Looking to Increase Exchanges in Arts and Culture FacebookTwitterWhatsAppEmail South Africa, which has long been a friend of Jamaica, is looking to further collaborations with the island under the Agreement on Cooperation in the Field of Arts and Culture.The agreement, which dates back to 2009, is aimed at encouraging co-operation, as well as facilitating the exchange of knowledge, experience and achievements between both countries in the fields of arts and culture.It covers cultural exchanges, in which artistic people and/or groups including theatre groups, visual artists, actors, dancers, musicians, writers and journalists will participate in festivals, fairs and other events staged in each country, and the swap of cultural professionals across institutions.“We have facilitated discussions and have started talking about further collaborations. So that’s very exciting,” says South Africa’s High Commissioner to Jamaica, Her Excellency Mathu Joyini.She notes that already, under the agreement, a number of Jamaican artistes have gone to South Africa to perform, and Jamaican cuisine has been exposed and highlighted in the African country.In addition, she informs, Minister of Arts and Culture, Paul Mashatile has visited the island, while Minister of Higher Education and Training, Hon. Dr. Bonginkosi Nzimande, led a high level delegation to Jamaica on a four-day visit in November 2012.Last year, principals from the universities of Pretoria, KwaZulu-Natal and Zululand attended the Commonwealth University Conference at the University of West Indies (UWI) Mona campus, and the High Commission is organising a reciprocal visit from educators from the UWI and the University of Technology (UTech).High Commissioner Joyini tells JIS News that her country’s Government is also looking to take the collaboration beyond arts and culture and into other areas such as sports.“The one thing that Jamaica does particularly well is sports from the school level. It is something that we can learn,” she states.Jamaica and South Africa established diplomatic relations in 1994, following the election of a representative majority government in post-apartheid country. The Jamaican High Commission in Pretoria was opened in late 2006.Since the formal establishment of diplomatic relations in 1994, Jamaica and South Africa have deepened their relations.There is an active Jamaica -South Africa Friendship Association (JASAFA), and Jamaica observes the annual United Nation’s Nelson Mandela International Day, which is dedicated to furthering tolerance, peace and reconciliation.Mr. Mandela visited Jamaica in 1991 as head of the African National Congress (ANC), and in 2003, President Thabo Mbeki, became the first South African Head of State to visit Jamaica. The ANC was has been the ruling party of post-apartheid South Africa since 1994.The current President of the Republic of South Africa, His Excellency Jacob Zuma, was a guest of Jamaica during the Golden Jubilee celebrations on August 6, 2012.“I think the visibility of Jamaica has gone further since the visit of the South African President and some of the work that we have been doing. Jamaica has become quite visible in South Africa so all of that has been quite significant in moving forward the relations between the two countries,” Mrs. Joyini said.Jamaica was instrumental in the struggle against apartheid in South Africa and was one of the first nations in 1957, together with India, to declare a trade embargo against apartheid South Africa.Successive prime ministers of Jamaica were persistent in stating that apartheid South Africa represented a threat to international peace and have fought alongside the ANC for the liberation of the South African people.Jamaica hosted the United Nations Special Committee Against Apartheid in May of 1979, where an important declaration calling for new strategies to eliminate apartheid in Southern Africa, including mandatory sanctions against the apartheid regime was adopted.The Right Hon. Marcus Mosiah Garvey has been an inspiration to the African continent, and had an influence on the founding fathers of the ANC, amongst them, Sol Plaatjie.For his role in the liberation of the people of South Africa, former Prime Minister, the Most Hon. P.J. Patterson was presented with the Order of the Companions of O.R. Tambo, on South Africa’s Freedom Day, April 27. The Order, named after the late Oliver Tambo, who was the ANC’s president-in-exile for many years, is one of the country’s highest honours.Late former Prime Minister, Michael Manley, was posthumously recognised with the Order in 2004, for his contribution to the fight against apartheid.By Latonya Linton, JIS Reporter RelatedSouth Africa Looking to Increase Exchanges in Arts and Culture Advertisementscenter_img South Africa Looking to Increase Exchanges in Arts and Culture CultureMay 7, 2013 RelatedSouth Africa Looking to Increase Exchanges in Arts and Culturelast_img read more

Bobby Petrino to get $500,000 bonus for Louisville’s academic performance

first_imgThe University of Louisville football team’s academic performance again will result in Bobby Petrino having one of the largest bonus payouts for a public-school football coach.He will receive $500,000 because the school’s athletics compliance department has determined that the team’s new single-year NCAA Academic Progress Rate figure will be at least 935 or better, an athletics department spokesman told USA TODAY Sports on Friday.“We won’t have an official APR figure until May, but we have determined that it will meet the threshold to activate the bonus,” spokesman Kenny Klein said in an e-mail.The NCAA generally makes APR figures public in May, but schools are required to report their figures to the NCAA six weeks after the first day of fall-term classes. SALARIES: USA TODAY Sports databaseThe 935 APR threshold in Petrino’s contract is just above the minimum four-year average of 930 that the NCAA requires for teams to be eligible for postseason play. Last year, however, the Louisville football team’s single-year APR was 984 (out of a possible 1000) and its four-year average was 977, according to data published by the NCAA in May 2015. That put the Cardinals among the top 20 percent of all Division I football teams, according to the NCAA’s figures.Petrino’s qualification for the APR bonus will increase the value of the bonus he can get if the Cardinals end up playing in a bowl game by nearly $42,000. (They have a 3-4 record heading into Friday night’s game against Wake Forest.)If Louisville participates in a bowl game, Petrino receives a bonus equal to 1/12th of the sum of his $3 million basic annual pay and the APR bonus if he gets it. Without the APR payment, Petrino would have been set for a bowl bonus of $250,000.Follow the road to the 2015 College Football Playoff at The Football Four, our home to rate and debate the nation’s best. Based on his team’s achievements last season, Petrino was paid nearly $800,000 in bonuses — second among FBS public-school coaches to Missouri’s Gary Pinkel, who totaled $900,000, according to data compiled by USA TODAY Sports for football head coaches who are at the same school that employed them as the head coach last season.At least five other FBS head coaches also are set for at least $100,000 in bonuses this season, with more possible: Penn State’s James Franklin ($200,000), Memphis’ Justin Fuente ($170,000) Utah’s Kyle Whittingham (nearly $130,000), Bowling Green’s Dino Babers ($125,000) and LSU’s Les Miles ($100,000). Fuente can add to his total with a win by the Tigers on Saturday; Babers can do the same with a win by the Falcons on Wednesday.Alabama defensive coordinator Kirby Smart is set for a bonus of at least $120,000. He gets an amount equal to 8% of his $1.5 million base salary if the Crimson Tide plays in any bowl game, but the amount will be greater if the team plays in the Southeastern Conference title game or one of the SEC’s higher-paying bowl games.last_img read more