Western Canada Fashion Week

first_img Twitter Login/Register With: Advertisement LEAVE A REPLY Cancel replyLog in to leave a comment Facebook Photo: Kelly RosboroughWestern Canada Fashion Week (WCFW), which was established in 2005, has developed into a nationally-recognized fashion and design event and the second-largest Fashion Week in Canada. What sets us apart is our mission to create a community of all involved in the fashion and beauty industries, including media and production staff. WCFW demonstrates a commitment to the development of the fashion, art and design community through subsidizing all designers who showcase at our events, creating competitions that generate recognition and financial support for entrants, and providing year-round opportunities for designers to market collections and gain publicity. We are unique among fashion weeks around the world because we are a platform for established designers as well as an in-house incubator that discovers new talent and launches the careers of young designers. WCFW is a local event with a global vision, enabling our designers to work locally while reaching larger markets. Advertisement Advertisement About Western Canada Fashion Week We are proud to have been a part of launching the careers of designers such as Sid Neigum, Caitlin Power, Derek Jagodzinsky (LUXX ready-to-wear), Malorie Urbanovitch, and Jessica Halabi as well as models such as Linsay Willier (Canada’s Next Top Model). WCFW At a GlanceMain EventMarch + September; 9 days of runway showsDesigners50 local, national + international designers; notable past presenters include David Dixon, G-Star Raw, Izzy Cammerlleri, Joeffer Caoc + Paul HardyModels400 per yearAudience15,000+ attendees for WCFW + other fashion events per yearNotable GuestsCasey Affleck, Kreesha Turner, Lloyd Lewis (CTV), Mayor Mandel, Talla Rajaei (Big Brother Canada)Notable PerformersCitie Ballet, Quentisha, Manuela WüthrichMedia CoverageExtensive recognition including magazines (Avenue, Elle Canada, Flare, LOULOU), TV (City, CTV, Global), newspapers (Calgary Herald, Edmonton Journal, Globe and Mail, National Post, Vancouver Sun), radio (CBC Radio, HOT 107)PhotosOver 1 million hits on official WCFW Flickr page per seasonCommunity InvolvementLois Hole Hospital for Women, Canadian Breast Cancer Foundation, Global Women with Vision, Bavaria BMW fundraiser for Maier Centre for Autism Services, The Works Art and Design Festival, Edmonton International Fringe Theatre Festival, Couture for Cambodia, Bissell Center, HIV EdmontonUnique to WCFWCompetitions to develop the design community such as the Emerging Designer Competition, Costume Design Competition, Fantasy Hair & Makeup Competition, PHABRIKATED Design Competition (create a gown using non-fabric materials), For the Love of Winter (WinterCity Strategy Design Competition)Salon Showcase (featuring innovative hair teams and salons)Support for independent retailers, designers + local art communitiesYouth outreach programsIncubator ProgramDeveloped to nurture and support Western Canada’s young, local fashion entrepreneurs by providing them resources needed to create a marketable lineSOCIAL MEDIA LINKSWEB:  http://westerncanadafashionweek.comFACEBOOK:  https://www.facebook.com/WesternCanadaFashionWeek/last_img read more

Exceptional Canadian documentaries and VR showcased at MIP 2017

first_img Facebook TORONTO and MONTREAL, March 27, 2017 – The Canada Media Fund (CMF) and Telefilm Canada, have once again partnered with Canadian industry leaders to feature compelling content at this year’s MIPDoc and MIPTV.Three thought-provoking Canadian documentaries will share the spotlight at MIPDoc, taking place in Cannes on April 1 and 2. Three innovative Canadian virtual reality (VR) and augmented reality (AR) productions will also take centre stage at MIPTV, between April 3 and 6. Canadian producers will have the opportunity to share their expertise and showcase their quality productions to over 10,000 international global audiovisual industry leaders attending the subsequent events.Canada: a factual content production powerhouseAccording to the Canadian Media Producers Association, the documentary genre accounted for the largest single share of projects produced in Canada in 2015-2016. Canadian producers made 449 documentaries in that year, which accounted for approximately one-third of all film and television projects produced by Canadians and 40 per cent of all Canadian official coproductions. Canadian documentary production volumes reached $322 million, an increase of 18 per cent over the previous year. The CMF and Telefilm will feature the following three documentary projects at the MIPDoc session on April 2, 2017 at 11:15 am (CET), entitled “Canadian Documentary: When Creative Talent Takes Over.”Abandoned, Vice Canada (Ontario): Skateboarder Rick McCrank explores abandoned places with the people who love them long after the lights have gone out.Rhino’s Cry (Le Cri du Rhinocéros), Groupe Fair-Play (Québec): Actor Marc Labrèche tackles the difficult question of whether artists’ creativity has an “expiry date” by taking viewers on a touching journey into the lives of renowned Québec artists whose careers have spanned many years.Rumble: The Indians Who Rocked the World, Rezolution Pictures (Québec): The story of a missing chapter in the history of North American music: the Indigenous influence. This Sundance Film Festival award-winning documentary features music icons such as Jimi Hendrix, Buffy Sainte-Marie, Randy Castillo, and others; while showing how these talented Indigenous musicians helped shape the soundtracks of our lives.“Beginning with the National Film Board of Canada in the 1940s, our country has a long tradition in documentary filmmaking,” said Carolle Brabant, Telefilm Canada’s Executive Director. “So it’s with great pride that we witness one of the most interesting developments in 21st-century content creation: the rising popularity of this art form. With their ability to inform, challenge, shock and delight audiences in equal measure, Abandoned, Rhino’s Cry and Rumble: The Indians Who Rocked the World all promise to have successful international careers.”Through the Theatrical Documentary Program, in partnership with the Rogers Group of Funds, Telefilm supports Canadian production companies looking to finance feature-length documentary projects in production and post-production.Canadian VR and AR continue to soar highAccording to a Digi-Capital forecast, by 2020 the global VR market will reach US$108B. The International Data Corporation forecasts that Canada will spend $723M on AR and VR products and services in 2017 — an increase of more than 535% over last year. Canada’s market is predicted to reach $7.1B by 2020. From entertainment to healthcare, through education and industrial applications, new ways of using AR and VR are constantly being developed.The quality of VR and AR content is progressing exponentially thanks to the creativity and innovation of creators around the world, many of them in Canada. Recent data indicates that, currently, 22.5M people consume VR content around the world. A figure which is expected to reach 154M by 2020.“Creators around the world are turning to VR projects as a way to produce experiences that push the limits of art and technology. Canadian companies are at the vanguard of innovation in this technological and creative revolution,” said Valerie Creighton, President and CEO, CMF. “Since 2012-2013, the Canada Media Fund has invested in 59 innovative VR and AR projects, totaling $24.4M in funding. We also continue to promote Canadian VR at major markets such as MIPTV. We are eager to see what the future of VR holds and are certain that our investments in this new medium will deliver increasingly high-quality, immersive content for all to experience.”The following three Canadian AR and VR projects will be featured at a session on April 4, 2017 at 11:15 am (CET), entitled “Discover How Canadian VR and AR Give a New Dimension to This Artform.”Quand la foule devient cirque (When Spectators Become Performers), Ingrid Ingrid (Québec): Using their smartphone, spectators will take part in an urban and collective experience that reinvents the notion of a live show by transforming their experience from one of spectators to that of performers.Multi-Sensory Virtual Reality Historical Vignettes, SimWave Consulting (Ontario): A VR experience transporting users to the Great War trenches in 1917 France, with a particular focus on the impact Canadian Soldiers had in the battle of Vimy Ridge. This will be coupled with another multisensory VR experience taking users inside the train which carried King George VI and Queen Elizabeth on their 1939 Royal Tour across Canada.Welcome to Wacken, Secret Location and Banger Films (Ontario): An interactive VR documentary that takes viewers deep into Germany’s Wacken Open Air, the biggest heavy metal festival on earth. With the ability to hop across the grounds in an instant, users are granted impossible access to the event’s most restricted areas.Alongside the three featured VR projects, the CMF and Telefilm will exhibit an additional two Canadian VR productions at the MIPTV Canada Pavilion. These are Trek by Quebec’s Minority Media VR, and Bear 71, produced by the National Film Board of Canada’sVancouver studios.For more information on the Canadian exhibitors at MIPDoc and MIPTV, please click here.About the Canada Media FundThe Canada Media Fund (CMF) fosters, develops, finances and promotes the production of Canadian content and applications for all audiovisual media platforms. The CMF guides Canadian content towards a competitive global environment by fostering industry innovation, rewarding success, enabling a diversity of voice and promoting access to content through public and private sector partnerships. The CMF receives financial contributions from the Government of Canada and Canada’s cable, satellite and IPTV distributors. Please visit cmf-fmc.ca.About Telefilm Canada—Inspired by talent. Viewed everywhere.Celebrating 50 years in 2017, Telefilm is dedicated to the cultural, commercial and industrial success of Canada’s audiovisual industry. Through funding and promotion programs, Telefilm supports dynamic companies and creative talent at home and around the world. Telefilm also makes recommendations regarding the certification of audiovisual treaty coproductions to the Minister of Canadian Heritage, and administers the programs of the Canada Media Fund. Launched in 2013, the Talent Fund accepts private donations to principally support emerging talent. Visit telefilm.ca and follow us on Twitter at twitter.com/telefilm_canada and on Facebook at facebook.com/telefilmcanada. Advertisement Advertisement Advertisement LEAVE A REPLY Cancel replyLog in to leave a comment Login/Register With: Twitterlast_img read more


first_img Facebook The TV Junkies: There’s a lot of Rookie Blue alums that are involved in Saving Hope. Is that how this opportunity to do a few episodes came about?Missy Peregrym: Well, yes because it’s the same team of people and a lot of the Saving Hopewriters were on Rookie Blue. It was great, the same crew and I was just really happy to go back. It felt like a little bit of a reunion actually, but also super strange because it’s not what I used to do at all. It was just nice to be back in Toronto, I was happy to do that and see everybody.READ MORE Login/Register With: Things in our TV universe just seem better when Missy Peregrym is on our TV screen. It’s no secret we here at The TV Junkies loved and miss Rookie Blue, so we were overjoyed at the prospect of Peregrym’s two episode guest appearance on Saving Hope this season. As we saw last week, Peregrym is playing Layla, a self-help guru, who Alex (Erica Durance) helped through surgery. Peregrym returns Thursday night, as Layla convinces Alex to let her use her new age techniques to try and heal whatever is going on with Alex.This Saving Hope guest role won’t be the only time we can catch Peregrym. She has joined Season 2 of Syfy’s Van Helsing as Scarlett Harker and will make her debut when it premieres this fall. Not much is known about Scarlett, but Peregrym was able to share some about her experience joining Van Helsing when we recently spoke to her. She also discussed with us why she related so much to Layla and why, after taking some time after Rookie Blue, she feels more ready than ever to get back to work. Advertisement LEAVE A REPLY Cancel replyLog in to leave a comment Advertisement Twitter Advertisementlast_img read more


first_imgAdvertisement Twitter Facebook Login/Register With: Justin Bieber Advertisementcenter_img Justin Bieber confessed he was “struggling” with his mental health in a candid new Instagram post.The popstar opened up about his ongoing personal battle, and told his followers that he wasn’t feeling like himself.Alongside a black and white snap from 2016 of him praying with rapper Kanye West and manager Scooter Braun, the 25-year-old admitted he was in a “weird” place. “Just wanted to keep you guys updated a little bit hopefully what I’m going through will resonate with you guys,” he began. “Been struggling a lot. Just feeling super disconnected and weird. I always bounce back so I’m not worried just wanted to reach out and ask for your guys to pray for me. God is faithful and ur prayers really work thanks. the most human season I’ve ever been in facing my stuff head on.”According to People, the Canadian singer has been forced to postpone his second wedding to model Hailey Baldwin, just months after their intimate courthouse nuptials in September, as he seeks treatment for depression.“They will have a wedding ceremony with family and friends eventually,” a source told the outlet. “However, right now, Justin’s focus is getting well mentally.”The Sorry hitmaker recently admitted to previously suffering from an addiction to sex and the anti-anxiety drug Xanax, which he said left him feeling ashamed.“I found myself doing things that I was so ashamed of, being super-promiscuous and stuff, and I think I used Xanax because I was so ashamed,” he told Vogue. “My mom always said to treat women with respect. For me that was always in my head while I was doing it, so I could never enjoy it.“Drugs put a screen between me and what I was doing.” LEAVE A REPLY Cancel replyLog in to leave a comment Advertisementlast_img read more


first_img“I have spent a near half century devoted to making music and discovering talent all over the world so now it becomes a very daunting, emotional, and cathartic experience giving in to the process of having a film made about your life,” said David Foster. “I am both excited and nervous but most of all I hope that this film may serve as a guide to inspire young artists, songwriters, musicians and producers to relentlessly pursue their dreams and creative talents.”“We are honoured to partner with Melbar Entertainment on DAVID FOSTER: OFF THE RECORD,” said Randy Lennox, President, Bell Media. “David is a true visionary in popular music, and we know that his story will resonate with audiences on CTV and Crave.”“David Foster personifies everything I love about show business,” said Barry Avrich, Director. “And when else will I have a producer/director/star all in one try and tell me how to make a film!”Born in Victoria, BC, Foster began studying piano at age four. As the story goes, his mother was dusting the family piano, hit one of the keys, and was shocked when he correctly called out, “That’s an E!”, thus discovering he had perfect pitch. Starting as a studio musician, arranger, and recording artist with the band Skylark, Foster worked his way up the ranks to become one of the most successful songwriters and record producers in history. He’s behind 50 Top 20 hits; has 16 Grammy Awards; and another 47 nominations to his name, including three Academy Award nominations. He has also earned a reputation as a talent scout, playing a key role in the discovery and launch of Celine Dion, Josh Groban, and Michael Bublé. In 2002, David was inducted into Canada’s Walk of Fame and has also been inducted into The Canadian Music Hall of Fame, The Canadian Songwriters Hall of Fame, and the Songwriters Hall of Fame in the U.S. In 2013, he received his star on The Hollywood Walk of Fame. He also established the David Foster Foundation in 1985 with a mission to provide financial support to Canadian families with children in need of live-saving organ transplants, along with promoting organ donor awareness.DAVID FOSTER: OFF THE RECORD is produced by Melbar Entertainment in partnership with CTV. Bell Media President, Randy Lennox, music industry veterans Jeffrey Latimer and Marc Johnston, and Barry Avrich are Executive Producers. Avrich also serves as Director. Caitlin Cheddie is producer. Justin Stockman is Vice-President, SVOD and OTT, Bell Media. Tracey Pearce is President, Distribution and Pay, Bell Media. Pat DiVittorio is Vice-President, Programming, CTV and Specialty. Mike Cosentino is President, Content and Programming, Bell Media. Randy Lennox is President, Bell Media.SOCIAL MEDIA LINKS:Twitter:@CTV @TheLede_caFacebook:Facebook.com/CTVInstagram:@CTV @TheLede_caAbout Melbar Entertainment GroupEstablished is 1998, Melbar Entertainment Group is one of the largest producers of non scripted content in North America. Melbar has produced over 50 documentaries including the internationally acclaimed The Last Mogul, Prosecuting Evil, Blurred Lines and The Reckoning and has produced over 15 award winning stage to a screen adaptations of Shakespeare including The Tempest with Christopher Plummer and King Lear with Colm Feore. Melbar is currently in production on three new documentaries including Made You Look about the infamous Knoedler Gallery forgery and Reversal of Fortune about the political crisis in Turkey. Melbar also produces live entertainment specials including past productions of The Scotiabank Giller Prize, Canadian Screen Awards and The Canadian Sports Hall of Fame Awards.About CTVCTV is Canada’s #1 private broadcaster. Featuring a wide range of quality news, sports, information, and entertainment programming, CTV has been Canada’s most-watched television network for the past 18 years in a row. CTV is a division of Bell Media, Canada’s premier multimedia company with leading assets in television, radio, digital, and Out-of-Home. Bell Media is owned by BCE Inc. (TSX, NYSE: BCE), Canada’s largest communications company. More information about CTV can be found on the network’s website at CTV.ca.About CraveDelivering more Emmy® Award-winning programming than any other service, Crave is Canada’s prestige entertainment offering, with HBO, SHOWTIME®, Starz, Hollywood-hit movies, a superior collection of kid’s movies and programs, and thousands of hours of acclaimed television series, specials, factual programming, and originals that can’t be found anywhere else. Crave is the exclusive home of HBO in Canada, delivering HBO’s current slate of signature dramatic and comedic programs, documentaries, films, and live specials, as well as titles from HBO’s extensive off-air library. Crave is also home to current SHOWTIME series and specials, and past SHOWTIME hits. Crave Original hit series include LETTERKENNY; candid interview series MUCH STUDIOS PRESENTS: MIKE ON MUCH IN CONVERSATION WITH…; upcoming darkly funny “true crime” comedy NEW EDEN; apocalyptic new original comedic documentary series WE’RE ALL GONNA DIE; Crave Original stand-up series, and animated series LITTLEKENNY. Crave is available directly to all Canadians with access to the Internet at Crave.ca, via iOS and Android, and other platforms. It’s also available through participating television providers across six 24-hour High Definition linear and on demand channels. Crave is from Bell Media, Canada’s leading content company, providing Canada’s most-watched and most-acclaimed television programming on network, specialty, pay and digital platforms. Visit our website at Crave.ca. LEAVE A REPLY Cancel replyLog in to leave a comment Advertisement Facebook TORONTO, July 16, 2019 – Bell Media Studios and Melbar Entertainment Group have joined forces on a new feature documentary, DAVID FOSTER: OFF THE RECORD, it was announced today. The film about the 16-time Grammy Award-winning producer and composer is directed by Barry Avrich (The Last Mogul, Prosecuting Evil) and executive produced by Randy Lennox, Barry Avrich, Jeffery Latimer, and Marc Johnston. The project, currently in post-production, will enjoy a theatrical run before premiering on CTV and Crave. Broadcast details for CTV and Crave will be announced at a later date, as well as US and international release dates.Blending rare archival footage, interviews, and unprecedented access to Foster himself, DAVID FOSTER: OFF THE RECORD is an up close and personal look at the extraordinary career of a producer, composer, and entertainer who has helped sell more than a half billion records working with some of the most successful artists of all time. Powerful and sometimes humorous, the film follows Foster’s relentless ambition, hunger, and rise to the top, as he becomes an iconic producer and songwriter, working with the likes of Chicago and Celine Dion at the beginning of his career, and later with Barbra Streisand, Michael Bublé, and Andrea Bocelli, just to name a few. Viewers also receive an inside look at the next chapter in his career – a first for Foster – Broadway, and a look into his personal life, which has occasionally become front-page news.The film features interviews with friends, family, and fellow musicians, including: Barbra Streisand, Lionel Richie, Michael Bublé, Celine Dion, Quincy Jones, Clive Davis, Josh Groban, Katharine McPhee, Kristin Chenoweth, Peter Cetera, Chicago, daughters Erin and Sara Foster, Diane Warren, Carole Bayer Sager, and more. Advertisement Login/Register With: Advertisement Twitterlast_img read more

In Manitoba flood fears yet to recede

first_imgAPTN National NewsManitoba’s Interlake region continues to be hit hard by flooding.Many First Nations in the area are preparing for another wave of water expected to hit in the coming weeks because of the deliberate dike breach near Portage La Prairie.Those in Lake Manitoba First Nation are working around the clock.APTN National News reporter Tiar Wilson explains.last_img

Homeless in Yellowknife at 50 below zero

first_imgAPTN National NewsWhile the number of homeless people living in Yellowknife continues to rise, there’s only one shelter for them to go to.Now some are saying it’s poorly managed.What are their options when temperatures fall to -50C?APTN National News reporter Wayne Rivers has the story.last_img

RCMP confirm child arrested in death of boy on Saskatchewan First Nation

first_imgAPTN National NewsThe RCMP confirmed what APTN National News first revealed last week that the alleged killer of a six year-old boy on a Saskatchewan First Nation is a child himself.Officers told media Tuesday in Regina they are working with social welfare officials to figure out the next steps.APTN’s Larissa Burnouf has been covering this story.last_img

Aboriginal Affairs refuses to release damning financial report

first_imgAPTN National NewsAboriginal Affairs is sitting on what some believe is a damning report of financial mismanagement by an Aboriginal aid agency in Manitoba.The Manitoba Association of Native Firefighters (MANFF) was paid $100-million dollars to care for people whose First Nation communities were flooded three years ago.As APTN’s Melissa Ridgen tells us, the report is complete but Ottawa won’t hand it over.last_img

A slap in the face Serial killer moved to medium security

first_imgTina HouseAPTN National NewsConvicted serial killer Cody Legebokoff has been moved from a maximum security prison in B.C. to an unidentified medium security facility in Ontario.It’s news that doesn’t sit well with missing and murdered Indigenous women and girls advocates and First Nation leaders.“It’s absolutely shocking that they would reduce his security measures to medium security,” says Grand Chief Stewart Phillip of the Union of B.C. Indian Chiefs. “It certainly is a slap in the face to the missing and murdered Indigenous women and girls movement.”In September 2014 Legebokoff, 24 at the time, was convicted on four counts of first-degree murder in the Prince George area deaths of three women and a teenage girl.He was sentenced to life in prison with no chance of parole for 25 years.Legebokoff’s first victim was 35-year-old Jill Stuchenko, who was last seen on Oct. 9,  2009.He has also been convicted in the murders of 23-year-old Natasha Montgomery, who disappeared on Sept. 1, 2010, and 35-year-old Cynthia Maas, who was last seen just a few weeks later, on Sept. 19, 2010.Legebokoff was arrested by police in November 2010, shortly after he disposed of the body of his fourth victim, 15-year-old Loren Leslie, on a logging road off the Highway of Tears.“The families, I can’t imagine what they are going through,” says Bernie Williams, who has spent 33 years fighting for justice for missing and murdered women and girls. “That is deplorable that is disgusting.”In a written statement Corrections Services Canada said that “all offenders are thoroughly evaluated and placed in facilities that can assure their security and meet their program needs. Rehabilitative efforts, leading to a gradual and controlled release, have proven to be a better way of protecting the public.”To this day Legebokoff has not disclosed the location of Montgomery’s remains.thouse@aptn.calast_img read more

First Nation leaders say feds Ontario ignoring cannabis jurisdiction

first_imgWillow FiddlerAPTN NewsFirst Nation communities in northern Ontario say Canada and the province are ignoring their jurisdiction as they roll out their cannabis legalization plans.Earlier this summer, Ontario approved eight First Nations to apply for on-reserve cannabis stores.But some communities are going ahead and exploring their own opportunities.wfiddler@aptn.ca@willowblasizzolast_img

New 25B contract awarded to manage nuclear weapons lab

first_imgALBUQUERQUE, N.M. – Overseeing a top nuclear weapons laboratory that has had security and safety problems will be the responsibility of a new management team that includes two universities and a research firm that does work around the world, the U.S. government announced Friday.The National Nuclear Security Administration chose Triad National Security LLC as the winning bidder to manage Los Alamos National Laboratory, the birthplace of the atomic bomb. Comprised of Ohio-based Battelle Memorial Institute, Texas A&M University and the University of California, the team will begin taking over later this year.The contract — worth an estimated $2.5 billion a year — marks a big step as federal officials look to get the lab back on track after safety lapses and missed goals.The lab in recent years has mishandled plutonium and mistakenly shipped nuclear material to other federal facilities via a commercial cargo plane. It also inappropriately packaged waste that led to a radiation release and a nearly three-year closure of the nation’s only underground nuclear waste repository.Criticism of the lab’s safety record has intensified as the federal government pushes to restart production of plutonium cores for the nation’s nuclear weapons arsenal.Following serious concerns about management more than a decade ago, the University of California formed a consortium with Bechtel and other private companies to become Los Alamos National Security LLC.Problems persisted, however, and federal officials announced in 2015 that the contract wouldn’t be renewed due to missed performance goals.The National Nuclear Security Administration followed up in 2017 with a request for proposals that called for the would-be contractor to foster a “security conscious culture,” something watchdog groups have said has been missing at the lab.NNSA Administrator Lisa Gordon-Hagerty didn’t address the lab’s previous problems in a statement issued Friday. Instead, she mentioned its history of scientific innovations related to national security.“The lab will continue to be a critical resource to ensure the future safety and security of the United States as we begin work on new endeavours, like the effort to recapitalize our plutonium pit mission,” she said.Gordon-Hagerty was referring to a recent recommendation by her agency that Los Alamos each year produce at least 30 plutonium cores — the triggers for nuclear warheads.Production of the cores has been based at Los Alamos since the 1990s, although none have been turned out since 2011 because of safety problems and concerns about a lack of accountability.At least 50 cores, also known as pits, will be produced each year at the U.S. Energy Department’s Savanna River Site in South Carolina under the recommendations outlined in May.The effort is worth hundreds of jobs and billions of dollars in federal funding that would be needed to either revamp existing buildings or construct new factories to support the work.The National Nuclear Security Administration said Triad was “the best value” when all factors were considered and will provide future stability for up to 10 years if all contract options are exercised.The contract is a boon for U.S. Energy Secretary Rick Perry’s alma mater. Texas A&M regents who authorized pursuit of the deal include some of Perry’s biggest political donors and his personal attorney.Asked whether Perry, a former governor of Texas, spoke with Texas A&M officials or regents during the bidding process, A&M System spokesman Laylan Copelin on Friday referred to a brief statement that didn’t address Perry’s possible involvement.In that statement, University of California and Texas A&M officials said they were committed to building on seven decades of world-class research and innovation at Los Alamos.The National Nuclear Security Administration said Perry played no role in the evaluation or selection of Triad.Asked about the lab’s troubled history, the University of California’s Office of the President said it could not provide any more information about the new management team’s plans until the transition begins later this year.The University of California has played a role in management since the lab’s inception in the 1940s as part of the Manhattan Project.Watchdog groups that have been critical of the safety lapses at the New Mexico lab were concerned about the University of California’s continued role and political influence in that state.Greg Mello with the Los Alamos Study Group questioned whether the universities, Battelle and the other companies will be able to keep clear lines of responsibility.___AP writer Paul Weber contributed to this report from Austin, Texas.last_img read more

San Francisco Federal Reserve names Mary Daly as president

first_imgWASHINGTON – The Federal Reserve Bank of San Francisco on Friday announced the appointment of Mary Daly, a longtime Fed economist and a labour market specialist, as the next president of the regional bank.Daly replaces John Williams, who became president of the New York Federal Reserve Bank in April. When she begins Oct. 1, Daly will be among three women who lead one of the 12 Fed regional banks. The Fed, under pressure from activist groups, has made efforts to diversify its leadership.Daly, 55, who joined the San Francisco Fed in 1996 as a research economist, was appointed director of research in 2017. She has studied wages and jobs and economic inequality and has written several books. She earned her bachelor’s degree from the University of Missouri-Kansas City and a Ph.D. in economics from Syracuse University.As San Francisco Fed President, Daly will receive a vote on interest rate policy at the December meeting of the Fed’s policymaking committee. After that, she will not have a voting right until 2021. Each year, the Fed’s interest rate committee rotates voting rights among its regional presidents.“I believe very strongly in the Federal Reserve’s mission and in the important role we play in helping to create strong, stable economic conditions in all corners of the country that allow individuals and businesses to prosper,” Daly said in a statement.In April, Daly said she thought the economy “is very strong and the outlook is very bright.” She downplayed concerns that low unemployment might lead to rapid wage gains and higher inflation. Instead, she noted that “there is little sign of this in the data.” She also argued that even if wage gains accelerated, the Fed “would have time to adjust policy to limit the impact on overall price inflation.”Those remarks suggest that Daly may lean toward the “dovish” camp of Fed policymakers. The Fed’s doves typically focus more on the central bank’s mandate to maximize employment than on its other mission to keep inflation under control.Last year, Daly co-wrote an influential paper that argued that wage growth has been slowed by an aging U.S. population. Young workers, who typically earn relatively low pay, are replacing a larger generation of older, higher-paid baby boomers, who are increasingly retiring.Diane Swonk, chief economist at Grant Thornton and a leading Fed watcher, noted that Daly’s research also highlighted the disproportionate impact of the Great Recession on young adults, who absorbed huge amounts of student loan debt just as wages for entry-level workers were weakening.Daly will provide needed expertise to the Fed board on the job market, Swonk added. At 3.9 per cent, the unemployment rate is near an 18-year low. But with an unusually large proportion of Americans neither working nor looking for work, setting Fed policy is trickier than in the past.If the Fed raises short-term rates only slowly, the economy may remain strong enough to pull more of those people into jobs. But the risk is that inflation could rage out of control. On the other hand, if Fed policymakers raise rates too aggressively, the economy could tip into recession and cause job losses.Those questions “will determine the pace at which rates go up,” Swonk said. “She will provide the Fed key insight on that.”last_img read more

UN report says fragile climate puts food security at risk

first_imgBANGKOK — A United Nations report says that feeding a hungry planet is increasingly difficult as climate change and depletion of land and other resources undermines food systems.A report by the U.N. Food and Agricultural Organization released Wednesday says population growth requires supplies of more nutritious food at affordable prices.But increasing farm output is hard given the “fragile state of the natural resource base” since humans have outstripped Earth’s carrying capacity in terms of land, water and climate change.Food security is also endangered by civil strife and other conflicts. In Yemen, where thousands of civilians have died in airstrikes by a Saudi-led coalition, the aid group Save the Children says 85,000 children under 5 may have died of hunger or disease in the civil war.The Associated Presslast_img read more

Seattle homes attract fewer multiple bids as market cools

first_imgSEATTLE — Prospective home buyers in Seattle as late as last year faced the prospect of entering bidding wars or getting edged out by competitors with cash. That’s not the case anymore.At one point in 2017, 92 per cent of homes sold in the city featured multiple bidders, the Seattle Times reported . Since then, there’s been a cooling of the market.Just 21 per cent of homes sold in Seattle in November had multiple bidders, according to the Redfin real estate brokerage firm. It’s the lowest rate since the firm began tracking in 2011.Seattle now has the lowest rate of bidding wars among cities tracked by Redfin, the company said.Across the broader Seattle metro area, 79 per cent of homes had multiple offers in 2017. That has fallen to 25 per cent, also the lowest on record.For buyers, finding a home in the overheated market could be depressing. Some made offers and were immediately outbid, sometimes by $100,000 or more, or lost out to competitors offering cash.Home buyers sometimes had so sign away rights, such as backing out of a sale if the home was damaged.As late as February, Seattle led the nation in home sales with more than one bidder, but the change has been rapid.The number of buyers continues to fall and more sellers are seeing homes stay unsold for weeks, prompting them to cut list prices.The new scenario gives prospective buyers several advantages. With homes selling on average in three to four weeks, up from one week a year ago, buyers have more time to think over one of the biggest purchases of their lives.Sellers largely no longer “offer review dates,” a deadline for buyers to submit their bids, usually a week after the listing goes live, said Peng Tea, a broker for John L. Scott. Instead, they take bids on a first-come, first-served basis.Buyers also are getting a break on terms. Fewer are being asked for nonrefundable earnest money and sellers have been more willing to fix things such as defective plumbing.“You’ll have a much higher likelihood of keeping some protections for yourself as a buyer,” Tea said. “It’s a much more favourable market for a buyer today, especially as you go toward the higher price points. You have more power to negotiate.”Several reasons are behind the cooling market. Interest rates rose, which cut into buyers’ earnings power. Rents in the past year stayed flat, lessening pressure on people to buy. Prices grew more than twice as fast as incomes for half a decade, making it harder to purchase homes.Brokers also report reported less investment money from Chinese buyers more likely to make all-cash offers.Seattle reflects a national trend. Markets are cooling in other areas, especially in pricey West Coast cities.The national rate of multiple bids was 22 per cent in November, the lowest in at least seven years, and down from 59 per cent at the start of the spring, according to Redfin.___Information from: The Seattle Times, http://www.seattletimes.comThe Associated Presslast_img read more

Business Highlights

first_imgCHELMSFORD, Mass. — Army looks for a few good robots, sparks industry battleThe Army is looking for a few good robots. Not to fight — not yet, at least — but to help the men and women who do.These robots aren’t taking up arms, but the companies making them have waged a different kind of battle. At stake is a contract worth almost half a billion dollars for 3,000 backpack-sized robots that can defuse bombs and scout enemy positions. Competition for the work has spilled over into Congress and federal court.___Euro currency remains a work in progress on 20th birthdayFRANKFURT, Germany (AP) — The euro is about to celebrate its 20th birthday, but the countries that use it are still wrestling with how the shared currency should work and how to fix flaws exposed by the debt crisis that marred its second decade.The euro was launched on Jan. 1, 1999, when 10 countries fixed their exchange rates to it and handed decisions on interest rates to the newly-founded European Central Bank. Euro notes and coins went into circulation three years later.The shared currency was seen as a solution to the constant quarrels over exchange rates that had marked European politics after World War II and as a logical extension of the European Union’s tariff-free trade zone. Britain, notably, opted out, but 19 of 28 EU countries use the euro.___North Korea’s ‘Singapore shops’ expose gap in sanctions pushPYONGYANG, North Korea (AP) — Despite the unwanted publicity of a criminal trial for one of their main suppliers, business is booming at Pyongyang’s ‘Singapore shops,’ which sell everything from Ukrainian vodka to brand-name knock-offs from China. The stores stock many of the very things United Nations’ sanctions banning trade in luxury goods are intended to block and provide a nagging reminder that not all potential trade partners are lining up behind the U.N.’s pronouncements or the Trump administration’s policy of maximum pressure on the North.Especially when there’s a buck — or a few million bucks — to be made.The stores are anything but secret.___US pending home sales slipped 0.7 per cent in NovemberWASHINGTON (AP) — Fewer Americans signed contracts to buy homes in November as higher mortgage rates and prices continued to squeeze would-be buyers out of the market.The National Association of Realtors said Friday that its pending home sales index dipped 0.7 per cent last month to 101.4. The index based on contract signings has dropped 7.7 per cent over the past year and has recorded 11 straight year-over-year decreases.___Tesla names Oracle’s Ellison to board in SEC settlementNEW YORK (AP) — Tesla named Oracle’s Larry Ellison and an executive from Walgreens to its board Friday as part of a settlement with U.S. regulators who demanded more oversight of CEO Elon Musk.Ellison and Kathleen Wilson-Thompson, an executive vice-president at Walgreens Boots Alliance, join the board as independent directors, effective immediately.Musk got into trouble with the Securities and Exchange Commission in early August when he said in a tweet that he had “funding secured” to take the electric car company private at $420 per share.___GOP and Democrats trade blame for shutdown, no deal in sightWASHINGTON (AP) — The partial government shutdown will almost certainly be handed off to a divided government to solve in the new year, as both parties traded blame Friday and President Donald Trump sought to raise the stakes in the weeklong impasse.As agreement eludes Washington in the waning days of the Republican monopoly on power, it sets up the first big confrontation between Trump and newly empowered Democrats. Trump is sticking with his demand for money to build a border wall with Mexico, and Democrats, who take control of the House on Jan. 3, are refusing to give him what he wants.Trump raised the stakes on Friday, reissuing threats to shut the U.S.-Mexico border to pressure Congress to fund the wall and to shut off aid to three Central American countries from which many migrants have fled.___EPA proposes easing regulation of mercury from coal plantsWASHINGTON (AP) — The Environmental Protection Agency is considering backing off of its regulation of toxic mercury emissions from coal-fired power plants.In an announcement Friday, the EPA proposes what would be another Trump administration rollback of federal enforcement under the Clean Air Act. It’s the latest administration effort on behalf of the country’s coal industry.___Wall Street faces annual losses despite solid gains for weekWall Street capped a week of volatile trading Friday with an uneven finish and the market’s first weekly gain since November. Still, a rough month of December has erased all the market’s 2018 gains and nudged the S&P 500 closer to its worst year since 2008.___The S&P 500 index fell 3.09 points, or 0.1 per cent, to 2,485.74. The Dow Jones Industrial Average dropped 76.42 points, or 0.3 per cent, to 23,062.40. The Nasdaq added 5.03 points, or 0.1 per cent, to 6,584.52.Benchmark U.S. crude rose 1.6 per cent to settle at $45.33 a barrel in New York. Brent crude, used to price international oils, inched up 0.1 per cent to close at $52.20 a barrel in London.The Associated Presslast_img read more

Initial public offerings scheduled to debut next week

first_imgNEW YORK — The following is a list of initial public offerings planned for the coming week. Sources include IPO ETF manager Renaissance Capital, and SEC filings.Week of Jan. 21.New Fortress Energy – New York, 22 million shares, priced $17-$19, managed by Morgan Stanley/Barclays. Proposed Nasdaq symbol: NFE. Business: Fortress-backed owner of LNG liquefaction and regasification facilities.The Associated Presslast_img

Trudeau says pipeline wouldnt get approval without environmental confidence

first_imgTrudeau says he’s confident his government’s ocean protection and emergency preparedness plans will protect Canada’s environment and he wouldn’t have approve the expansion of the Trans Mountain pipeline otherwise.About 100 people protesting against the pipeline expansion chanted “Leave it in the ground” not far from where the prime minister was getting a tour of a Canadian Coast Guard ship.Trudeau says decisions aren’t based on who shouts the loudest, but on science and evidence.About 200 people have been arrested near Kinder Morgan’s marine terminal in Burnaby, B.C., in the last month during protests against the pipeline expansion.Trudeau travels to Fort McMurray, Alta., on Friday when he was scheduled to visit a new Suncor facility.Conservative Leader Andrew Scheer was also on a B.C. tour swing during this week’s break from Parliament. VICTORIA, B.C. – Prime Minister Justin Trudeau says his message of environmental protection and the need for an oil pipeline are the same as he visits British Columbia and Alberta this week.Trudeau told reporters in Victoria that the federal government needs to build a strong economy and protect the environment at the same time.He said pipeline protesters outside the event probably approve of his government’s carbon pricing plan, and when he gets to Alberta he’ll likely meet people who aren’t happy about that idea but like the pipeline approval. Scheer spent three days in B.C.’s Okanagan Valley, a region where the Conservatives would like to win back some of the seats they lost to the Liberals and NDP in 2015.In visits to Kelowna, Penticton and Oliver, Scheer delivered speeches on everything from small business tax changes to government debt, and promised again that the first bill he would introduce if he becomes the prime minister is the repeal of a requirement for every province to have a price on pollution.Scheer also spent time lambasting the Liberals new gun legislation, which aims to tighten controls on the sale and trackingof firearms, calling it a new gun registry. The Liberals say the bill is not a registry, but helps police investigating gun crimescenter_img with new requirements for retailers to keep records of inventory and sales for at least 20 years, while ensuring sellers make sure a buyer’s license is valid before selling them a gun.(THE CANADIAN PRESS)last_img read more

Precision Drilling to buy Trinidad Drilling in friendly deal valued at 1

first_imgThe Trinidad board is unanimously supporting the Precision offer and rejecting a previous hostile takeover bid of $1.68 per share cash from Ensign Energy Services Inc., also of Calgary, that was announced on Aug. 30.However, the transaction requires approval from two-thirds of votes cast by Trinidad shareholders and a simple majority of Precision shareholders at separate special meetings.A combined Precision-Trinidad would have more than 200 active rigs in its North American fleet after the transaction, and 322 total rigs. Of those, Precision has identified 50 that would be held for sale.It projects more than $30 million in annual synergies from the combination, through improved corporate efficiency and facility consolidations.Precision shares closed Thursday at $4.44, making the offer of 0.445 share worth about $1.98 per Trinidad common share. Trinidad shares closed Thursday at $1.84 per share on the Toronto Stock Exchange.(THE CANADIAN PRESS) CALGARY, A.B. – Two of Canada’s largest oil and gas drillers have agreed to combine in a deal worth about $1.03 billion, positioning them to have the third-largest contract drilling fleet in the United States.Under the friendly deal reached by the two Calgary-based companies, Precision Drilling Corp. will buy Trinidad Drilling Ltd. in exchange for shares worth about $540 million. Precision will also assume $477 million in debt.If the deal closes as expected, Trinidad shareholders will own about 29 percent of Precision, which is Canada’s biggest contract drilling company.last_img read more