NewzIntel.com

Category: Politics

  • MIL-OSI USA: Waller, Centralized and Decentralized Finance: Substitutes or Complements?

    Source: US State of New York Federal Reserve

    Thank you for inviting me to speak today.1 I have participated in this conference for nearly 20 years and have often presented my research on monetary theory, banking, and payments. So, I believe this is the right audience to speak to regarding the role of centralized finance and the emergence of decentralized finance, or defi for short. Over the past few years, there has been a lot of attention and work on defi, which will be a major focus of my remarks. Many argue that defi will replace traditional centralized finance while others argue that it merely extends traditional finance methods and trading activities onto new platforms. It is in this sense that I want to address the question of whether centralized finance and defi are substitutes or complements to each other.
    Advances associated with defi have the potential to profoundly affect financial market trading. While I believe these advances could lead to efficiency gains, I recognize the significant value that has been delivered for centuries by financial intermediaries and through centralized financial markets. Before I share my views on the promise of these new technologies, let me tell you where I’m coming from on these issues.
    I am an economist, and so my first inclination is to think about the underlying economics driving an issue. But to understand the value proposition of defi, it is useful to first recall why centralized financial market trading arose in the first place. Centralized finance clearly provides benefits to people, but obviously also comes with some costs. I am going to take a few minutes to discuss those benefits and costs before turning to the question at hand.
    Let’s start with the economics of trading. Most financial trades are “pairwise” in that the seller of an object needs to find a buyer of that exact object. The problem is that it is often complicated, costly, and time-consuming to search for a buyer. This gives rise to the need for someone to step in and help buyers and sellers match in a faster and less costly manner. In short, there is a profit opportunity for someone to intermediate the trade.
    Another name for intermediaries is middlemen. Why would we pay a middleman? In their paper from nearly 40 years ago, Ariel Rubenstein and Asher Wolinsky described it eloquently: “What makes the middlemen’s activity possible is the time-consuming nature of the trade, which enables middlemen to extract surplus in return for shortening the time period that sellers and buyers have to wait for a transaction.”2
    Let me contextualize the value of middlemen with an example I used for years when teaching money and banking. Suppose you had some extra income from saving and wanted to lend it out to earn interest. How would you do that? First, you would have to advertise that you had funds to lend. Then, you would have to wait for the right person who needed that exact amount of funds, which could be a long time. Once you met the right person, you would have to negotiate when repayment would occur. Next, you would need to know a lot of information about the person receiving your funds and the likelihood you would get repaid. This is needed to assess the risk of the transaction and the compensation you would need to give up your funds. You would also need a lot of legal advice to draw up a contract and stipulate how the contract would be enforced under a range of conditions. Finally, since you are the sole source of funding, you will bear the entire cost of a default. It should be clear that this would be a daunting exercise for most people and explains why they would turn to a middleman who specializes in this type of activity to do all this on their behalf.
    It is for these reasons that banks arose as early as in ancient Mesopotamia to carry out some of these functions.3 Similar issues arise when it comes to other ways of transferring resources from one person to another, as occurs from non-bank debt, equities and insurance contracts. Many point to trades of shares in the Dutch East India Trading Company in Amsterdam in the 1660s as the origins of the first modern stock exchange. Lloyds of London was founded as a means of pooling funds to share risk and return in the shipping industry, thus becoming the first insurance firm. The fact that similar arrangements still exist centuries later is a testament to the value of intermediation and centralized financial trading.
    However, these arrangements are not without drawbacks. An obvious drawback of intermediation from the perspective of those wishing to trade is that those middlemen must get paid. That is, there are transaction costs. Another drawback of intermediation is that you typically must turn over control of your assets, such as savings or stocks, to the intermediary for them to be traded. This creates a classic “principal-agent” problem whereby incentives between the principal—you—and the agent—the intermediary—may not be aligned. That can raise concerns about custody arrangements and recourse to regain control of one’s assets. Intermediation also requires recordkeeping arrangements that customers can trust accurately reflect their true holdings. In other words, centralized finance requires a substantial amount of trust. With all that in mind, let me turn to how and why technological innovations have given rise to defi.
    In a capitalist system, the existence of profits provides incentives for others to enter the market, offer a better product, and compete away any excess profits. This can be done by the creation of new financial firms that can provide the same or better service at a lower cost. Often that occurs through innovations and exploiting new technologies. Think about how the invention of the telegraph and the telephone revolutionized trading. More recently, the advent of the internet further advanced the ease and speed of financial trading. These are examples of how financial trading has evolved over time. And the next wave of innovations in financial market trading could be driven by technological advances that alleviate some potential drawbacks of the centralized approach.
    Often broad technological advances emanate from narrower efforts to design products or processes that solve specific problems. For example, one technology used to support portable home appliances like vacuum cleaners was originally developed to support the space program.4 Similarly, the development of crypto-assets led to the development of technologies that are fueling possibilities in defi.
    We don’t have enough time for me to cover the full history of crypto-assets, but I will focus on several key elements that have affected the evolution toward defi. An early crypto-asset—Bitcoin—was developed to function in a world in which trust among individuals did not exist. Rather than relying on intermediaries which require trust, Bitcoin relied on technology to facilitate trade. Bitcoin was also designed for privacy. No one would know who was buying or selling Bitcoin. This was achieved through cryptographic technology and private keys. In addition, it allowed individuals to maintain control of their crypto-assets throughout the entire trading process. That is, they no longer had to delegate control to others. Finally, all records were kept on a form of distributed ledger called a blockchain, which has design features that promote transparency and are censorship-proof. No individual or government could destroy the records of trades or take ownership of the objects traded.
    With that history in mind and before we delve into the question of whether defi and centralized finance are substitutes or complements, I think it is useful to carefully define some terms. This will make sure we’re all talking about the same things. As I described in a speech last year, I think of the crypto ecosystem as consisting of three parts:

    a crypto-asset, which generally refers to any digital object traded using cryptographic techniques;
    technology that directly facilitates trading crypto-assets; this includes smart contracts and tokenization;5 and
    a database management protocol used to record trades and ownership of assets, commonly referred to as the blockchain, which includes both permissioned and permissionless distributed ledger technologies.

    It is easy to see how the emergence of these technologies could lead one to think of defi as a substitute for centralized finance. For example, the technologies are allowing for individuals to trade assets without giving up control of those assets to an intermediary—a critical distinction with centralized finance.
    However, there are other uses emerging from these technologies that look more like complements to centralized finance. For example, distributed ledger technology, or DLT, may be an efficient and faster way to do recordkeeping in a 24/7 trading world. We already see several financial institutions experimenting with DLT for traditional repo trading that occurs 24/7. But before these ledgers can be used to facilitate transactions in traditional assets—like debt, equity, and real estate—these assets must be tokenized. Undertaking the process to tokenize assets and use distributed ledgers like blockchain can speed up transfers of assets and take advantage of another innovation: smart contracts.
    Rather than relying on each party to separately carry out the transaction, smart contracts can effectively combine multiple legs of a transaction into a single unified act executed by a smart contract. This can provide value as it can mitigate risks associated with settlement and counterparty risks by ensuring the buyer will not pay if the seller does not deliver. While these efforts are still in early stages, the functionality could expand to a broad set of financial activities. The bottom line is that things like DLT, tokenization, and smart contracts are just technologies for trading that can be used in defi or also to improve efficiency in centralized finance. That is why I see them as complements.
    Stablecoins are another important innovation in defi. Stablecoins were created in the crypto universe in hopes of providing a “safe” asset with a stable value for trading. Nearly all stablecoins are pegged to the U.S. dollar one-for-one. They provide an opportunity for buyers and sellers to transact in a decentralized fashion with the stablecoin used as the settlement instrument. Because they are effectively digital currency, stablecoins can reduce the need for payment intermediaries and thereby reduce costs of payments globally. But their safety is not assured. History is replete with cases in which synthetic dollars became subject to runs. Stablecoins thus face all of the same issues any substitute for genuine U.S. dollars faces. If appropriate guardrails can be erected to minimize run risk and mitigate other risks, such as their potential use in illicit finance, then stablecoins may have benefits in payments and by serving as a safe asset on a variety of new trading platforms.
    These technologies will almost certainly lead to efficiency gains over time, but as they develop, we should think carefully about their role in the broader financial landscape.
    Is it really possible to completely decentralize finance using these technologies? The answer is obviously “no.” Intermediation is still valuable for the average person, and we see this by the existence of trading exchanges in the crypto world. All these platforms involve giving custody of one’s crypto-assets to an intermediary, who conducts trades on behalf of the client. This reintroduces the need for trust in these platforms just as trust is needed in modern banking systems.
    Returning to the technologies behind defi, one must ask whether there are unique risks associated with the use of these technologies. If so, what is the nature of these risks? Are they contained to just those people directly engaging with the technologies, or could there be broader spillovers to society? For example, can these technologies increase the risk of inadvertently providing funds to bad actors? In centralized finance there are regulations that require banks to know who their clients are. Are similar rules and regulations needed around some of these new technologies? When it comes to our financial plumbing, which affects every person or business in one way or another, I think a balanced view of expeditious disruption and long-term sustainability is merited.
    So where does that leave us? Ultimately, I believe that advances in technology have the potential to drive efficiency gains in finance, just as technological innovation has done for centuries. While there are certain services emerging through defi that cannot be provided by centralized finance, the technological innovations stemming from defi are largely complementary to centralized finance. They have the potential to improve centralized finance, thereby increasing the significant value that financial intermediaries and centralized financial markets deliver. I look forward to seeing the continued evolution of financial technology and the benefits that evolution will bring to the households and businesses served by the financial system.

    1. I would like to dedicate these remarks to an old friend and longtime participant of this conference, Paul Klein, who passed away unexpectedly two months ago. The views expressed here are my own and are not necessarily those of my colleagues on the Federal Reserve Board or the Federal Open Market Committee. Return to text
    2. See Ariel Rubinstein and Asher Wolinsky, “Middlemen,” The Quarterly Journal of Economics 102 (August 1987): 581–93, https://academic.oup.com/qje/article-abstract/102/3/581/1887969. Return to text
    3. See Benjamin Bromberg, “The origin of banking: religious finance in Babylonia (PDF),” The Journal of Economic History 2 (May 1942): 77–88. Return to text
    4. See National Aeronautics and Space Administration, “Spinoff from a Moon Tool (PDF),” January 1, 1981. Return to text
    5. See Christopher J. Waller, “Thoughts on the Crypto Ecosystem” (speech at Global Interdependence Center Conference: Digital Money, Decentralized Finance, and the Puzzle of Crypto, La Jolla, CA, February 10, 2023). Return to text

    MIL OSI USA News –

  • MIL-OSI USA: N.C. State Archives Offers Symposium Commemorating 250th Anniversary of Edenton Tea Party

    Source: US State of North Carolina

    Headline: N.C. State Archives Offers Symposium Commemorating 250th Anniversary of Edenton Tea Party

    N.C. State Archives Offers Symposium Commemorating 250th Anniversary of Edenton Tea Party
    jejohnson6

    From Edenton to Congress and from petitions to gubernatorial proclamations, women’s participation in North Carolina politics has risen for 250 years.

    Join the America 250 NC commemoration with the Friends of the Archives during a free hybrid symposium, “From Edenton to Congress.” This program in the Department of Natural and Cultural Resources Building in Raleigh (109 E. Jones St.) or online will share highlights of North Carolina women’s political history and relevant collections from the State Archives to commemorate the 250th anniversary of the Edenton Tea Party.

    The program will include new research on the 1774 Edenton women’s petition, a discussion of “Jane Pratt: North Carolina’s First Congresswoman,” by author Marion Deerhake, records from Governor Beverly Perdue’s administration, and remarks by League of Women Voters President Dianna Wynn.

    The event Friday, Nov. 1, from 1-5 p.m. will include a reception featuring yaupon tea — America’s native tea, courtesy of the Friends of the Archives, who also will be holding their annual meeting. Register in advance for online participation: https://www.zoomgov.com/webinar/register/WN_bYlWTvBmRfyUtDEwRHVhfA#/registration. For more information or to RSVP, please contact Danielle Shirilla, dani.shirilla@dncr.nc.gov or 919-814-6881.

    About the State Archives
    The State Archives serves as the custodian of North Carolina’s historical records, preserving and providing public access to a wealth of archival materials. Through its diverse collections, educational programs, and exhibitions, the State Archives plays a crucial role in promoting an understanding and appreciation of North Carolina’s rich historical legacy.

    About the North Carolina Department of Natural and Cultural Resources
    The N.C. Department of Natural and Cultural Resources (DNCR) manages, promotes, and enhances the things that people love about North Carolina – its diverse arts and culture, rich history, and spectacular natural areas. Through its programs, the department enhances education, stimulates economic development, improves public health, expands accessibility, and strengthens community resiliency.
    The department manages over 100 locations across the state, including 27 historic sites, seven history museums, two art museums, five science museums, four aquariums, 35 state parks, four recreation areas, dozens of state trails and natural areas, the North Carolina Zoo, the State Library, the State Archives, the N.C. Arts Council, the African American Heritage Commission, the American Indian Heritage Commission, the State Historic Preservation Office, the Office of State Archaeology, the Highway Historical Markers program, the N.C. Land and Water Fund, and the Natural Heritage Program. For more information, please visit www.dncr.nc.gov.
    Oct 18, 2024

    MIL OSI USA News –

  • MIL-OSI USA: Following Report That 30% of Border Patrol’s Cameras are Broken, Rep. Angie Craig Urges Vote on Bipartisan Border Agreement

    Source: United States House of Representatives – Congresswoman Angie Craig (MN-02)

    NBC News Investigation: “30% of the cameras in Border Patrol’s main surveillance system are broken, memo says

    WASHINGTON, DC – Following news reports that nearly one-third of the surveillance cameras used by U.S. Customs and Border Protection along the southern border are not working, U.S. Representative Angie Craig renewed her call for a vote on the bipartisan border agreement.

    In a letter to House Speaker Mike Johnson, Rep. Craig noted the bipartisan border deal negotiated earlier this year included $170 million for remote video surveillance towers and $47.5 million to update mobile surveillance systems along the southern border.

    “The safety and security of our nation’s southern border is nothing to play politics with. I’ve stood ready to pass comprehensive border security policy and funding legislation and I know colleagues on both sides of the aisle are ready to vote for this bill,” wrote Rep. Craig.

    Rep. Craig has been a leading voice for bipartisan border security reform – successfully urgingPresident Biden to take executive action to decrease illegal border crossings earlier this year.

    Over a year ago, Rep. Craig visited the southern border with 17 Republicans and urged bipartisan action to keep communities safe.

    Earlier this year, Rep. Craig joined the Democrats for Border Security Task Force and led the House effort to secure federal funding to install fentanyl scanners at the southern border.

    President Biden signed Rep. Craig’s bipartisan END FENTANYL Actinto law in March to help stop the smuggling of illicit fentanyl through U.S. ports of entry.

    Click here to read Rep. Craig’s letter to Speaker Johnson.

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Attorney General James Urges Federal Court to Reverse Restrictions on Access to Abortion Medication Mifepristone

    Source: US State of New York

    NEW YORK – New York Attorney General Letitia James and a coalition of 17 attorneys general today filed an amicus brief in support of a district court decision finding that North Carolina can not impose unnecessary and burdensome restrictions to access mifepristone that were rejected by the U.S. Food and Drug Administration (FDA). The coalition filed an amicus brief in Bryant v. Stein, asking the United States Court of Appeals for the Fourth Circuit to uphold the district court’s decision. The coalition argues that mifepristone has been safely and widely used for decades, and barriers to accessing mifepristone can drive up medical risks for patients.

    “Mifepristone is a safe medication that has been used by millions of people, and these dangerous restrictions are causing real harm to people across the country,” said Attorney General James. “Reproductive health care should not be weaponized as a tool to win political points; it is a human right that should be accessible to everyone who needs it. I will always defend people’s reproductive rights and access to this critical health care.”

    Mifepristone is a historically safe, FDA-approved medication used for abortion, as well as for treatment of miscarriage. When the FDA first approved its use in 2000, it added conditions for its distribution to ensure safe use. Since then, pursuant to its federal mandate to balance drug safety with patient access, the FDA has adopted a risk evaluation and mitigation strategy (REMS) program for mifepristone. As required by federal law, the FDA has periodically reevaluated the mifepristone REMS program and has reduced the original restrictions imposed on mifepristone to better balance safety with access. 

    Since 2016, the FDA has removed certain restrictions on mifepristone access, such as the requirement to obtain mifepristone in person and from a physician, on the grounds that these restrictions neither improved patient safety nor adequately minimized burdens on the health care system. In 2023, North Carolina imposed various restrictions on the use and distribution of mifepristone, including many of the restrictions that were expressly removed by the FDA. The plaintiff, an abortion provider in North Carolina, sued to challenge the state restrictions as preempted by federal law. The district court held that, while states have broad authority to regulate health care, a state law that reimposes restrictions removed by the FDA under the agency’s statutory authority to create REMS would be preempted. The coalition’s amicus brief defends the district court’s decision as striking the proper balance between state authority and FDA regulation. 

    Joining Attorney General James in filing the brief are the attorneys general of California, Colorado, Connecticut, Delaware, Illinois, Maine, Maryland, Massachusetts, Michigan, Minnesota, New Jersey, New York, Oregon, Pennsylvania, Rhode Island, Vermont, Washington, and the District of Columbia. 

    Today’s action is the latest in Attorney General James’ efforts to defend access to reproductive care and protect reproductive freedom in New York and nationwide. In May, Attorney General James sued an anti-abortion group and 11 crisis pregnancy centers for promoting unproven abortion reversal treatment. In April, Attorney General James led a coalition of attorneys general in urging Congress to expand access to reproductive health services and pass the Access to Family Building Act. In March, Attorney General James co-led a multistate coalition of attorneys general and filed an amicus brief with the United States Supreme Court in Idaho v. U.S. and Moyle v. U.S., urging the court to maintain a preliminary injunction that required Idaho hospitals to provide emergency abortion care consistent with the federal Emergency Medical Treatment and Labor Act (EMTALA). In January, Attorney General James led a coalition of 24 attorneys general urging the U.S. Supreme Court to protect access to mifepristone. In December 2022, Attorney General James secured a court order to stop militant anti-abortion group Red Rose Rescue from blocking access to abortion care in New York.

    MIL OSI USA News –

  • MIL-OSI USA: Governor Lamont, Congressional Delegation Secure $125 Million Federal Grant for Phase 3 of I-91, I-691, Route 15 Interchange Reconfiguration in Meriden

    Source: US State of Connecticut

    (HARTFORD, CT) – Governor Ned Lamont, Senator Richard Blumenthal, Senator Chris Murphy, Congresswoman Rosa DeLauro, Congresswoman Jahana Hayes, Congressman John B. Larson, and Transportation Commissioner Garrett Eucalitto today announced that the Connecticut Department of Transportation (CTDOT) has been awarded a $125 million competitive grant from the U.S. Department of Transportation through President Joe Biden’s Bipartisan Infrastructure Law to support Phase 3 of the construction project reconfiguring the highway interchange that connects Interstate 91, Interstate 691, and Route 15 in Meriden.

    This interchange is one of the most congested, outdated, and crash prone highway corridors in Connecticut, and the state leaders have been unified in working to secure federal funding that will enable the state to complete a major reconfiguration of this area.

    CTDOT is currently constructing the second of the project’s three phases. The project’s overall goal is to reduce congestion and improve safety by eliminating dangerous weaving points, correcting roadway geometry, and adding multi-lane exits. Upon completion of Phase 3 in 2030, the project will see the replacement and rehabilitation of several bridges and the addition and extension of auxiliary lanes to reduce crashes and improve traffic flow.

    Governor Lamont said, “This area of highway is one of the most heavily congested in Connecticut and our administration has made its reconfiguration a priority because it’s about time that we do something about the backups, crashes, and delays that this oddly designed section of roadway causes nearly every day. This is a major reconfiguration of a very heavily traveled area and it’s going to take some time to complete, but ultimately central Connecticut will benefit from finally easing the congestion on these highways. We’re able to execute this project thanks to the funding released by President Biden’s Bipartisan Infrastructure Law, and I applaud Connecticut’s outstanding Congressional delegation for not only helping to get this law passed but also working to ensure that our state benefits from it in a major way. I thank the Biden-Harris administration and the U.S. Department of Transportation for working with our administration to secure the funding for this important project.”

    Senator Blumenthal said, “I am proud that a historic $125 million in federal funding will support the reconfiguration of one of Connecticut’s most congested interchanges. This redesign will provide relief to the countless motorists who pass through every day and provide much-needed infrastructure upgrades. I will continue fighting to deliver federal investments to Connecticut that make our roads and highways more safe and secure.”

    Senator Murphy said, “Getting through the congestion on I-91, I-691, and Route 15 has become a daily headache for Connecticut drivers. This $125 million in federal dollars from the Bipartisan Infrastructure Law will help realign ramps, replace aging bridges, improve drainage, and support other long-needed infrastructure upgrades that streamline the flow of traffic, create good-paying jobs, and ensure a safer, smoother commute for thousands of people.”

    Congresswoman DeLauro said, “This is another victory for Connecticut. When my fellow Congressional members and I worked on the Bipartisan Infrastructure Act, we understood the law’s potential to benefit communities throughout the state. With funding now in place for Phase 3 of the reconfiguration of Interstate 91, Interstate 691, and Route 15, we are generating well-paying jobs, fixing bridges, expanding traffic lanes on I-91, making our roads safer, and enhancing road conditions.”

    Congresswoman Hayes said, “Reconfiguring the I-91, I-691, Route 15 interchange will reduce traffic and increase safety for drivers. I am delighted to see another federal investment awarded to move this project forward. Investing in modernizing infrastructure benefits communities, and I will continue to work with my Congressional colleagues to prioritize more projects that deliver for Connecticut.”

    Congressman Larson said, “Connecticut has some of the most congested and dangerous highways and interchanges in America. I worked with the entire Connecticut Congressional delegation to pass the Bipartisan Infrastructure Law so we can cut down on traffic congestion, repair aging roads and bridges, and support good-paying union jobs. I applaud Governor Lamont and Commissioner Eucalitto for their ongoing commitment to improving our infrastructure and revitalizing our communities, and I look forward to continuing to work with them to support projects across the state, including the Greater Hartford area, that accomplish those goals.”

    Commissioner Eucalitto said, “Improving safety is our number one priority at CTDOT and it is the number one goal of this project. Without federal support from the Bipartisan Infrastructure Law, projects like this can sit idle for decades while Connecticut pays the price. We are thankful to Governor Lamont and the state legislature for ensuring we had matching funds to secure this grant, appreciative of our Congressional delegation for its steadfast advocacy, and grateful to our partners at USDOT who allow us to dream big once again.”

    The cost of the project’s first phase totaled $80 million and was entirely funded by the state. The second phase is supported by a combination of $50 million in state funding and $200 million federal funding from the Bipartisan Infrastructure Law. The third phase will be supported by the $125 million federal grant announced today, as well as additional state funding. Combined, the expenditure for all three phases is anticipated to be more than $500 million.

    This project includes a project labor agreement with the building trades, providing good-paying jobs and workforce development training for the next generation of workers.

    The first phase began in early 2023 and is aimed at repairing bridges, adding a lane of traffic to I-91, and making related road improvements. This includes:

    • Realigning and reconfiguring the ramp from I-691 eastbound to I-91 northbound (Exit 1A old Exit 11) to two lanes to meet traffic demand.
    • Bridge replacement due to the proposed ramp realignment.
    • Adding an auxiliary lane on I-91 northbound to relieve congestion and improve safety caused by a steep uphill grade.

    This second phase began in June and includes:

    • Adding a new two-lane exit ramp from Route 15 northbound to I-91 northbound to reduce traffic congestion on the Exit 68 N-E ramp.
    • Closing the existing Exit 17 ramp from I-91 northbound to Route 15 northbound and re-routing traffic to Exit 16 to provide a two-lane exit ramp with a right-side traffic merge onto Route 15 northbound.
    • Reconfiguring the existing Exit 68W ramp from Route 15 northbound to I-691 westbound to two lanes.
    • Reconfiguring the acceleration and deceleration lanes to provide adequate traffic weaving distances to improve safety.

    The third phase will include:

    • A new two-lane exit ramp from Route 15 southbound to I-91 southbound to reduce traffic congestion on the existing Exit 67 ramp.
    • A new two-lane I-91 southbound ramp to Route 15 southbound to reduce traffic congestion on the existing Exit 17 ramp.
    • Reconfiguring the ramp from I-691 eastbound to Route 15 southbound (Exit 10) to two lanes.
    • Reconfiguring the ramp from I-91 southbound to I-691 westbound (Exit 18) to two lanes.

    Members of the public are encouraged to learn more about the project, get the latest updates, and subscribe to construction alerts by visiting the project’s website at i-91i-691route15interchange.com.

     

    MIL OSI USA News –

  • MIL-OSI Canada: Government of Canada announces $3 million in funding to support tourism recovery in Jasper and the region

    Source: Government of Canada News (2)

    Jasper is one of Canada’s most iconic destinations, treasured by Canadians and renowned around the world.

    October 18, 2024 – Jasper, Alberta

    Jasper is one of Canada’s most iconic destinations, treasured by Canadians and renowned around the world. With its proximity to majestic mountains and clear blue lakes, Jasper draws over two million visitors from across Canada and around the world every year. This summer’s wildfires had a devastating impact on Jasper and the region’s economy, which is built on tourism. That’s why the Government of Canada is taking action to support Jasper’s recovery and help its tourism industry come back strong.

    The Honourable Soraya Martinez Ferrada, Minister of Tourism and Minister responsible for the Economic Development Agency of Canada for the Regions of Quebec, alongside Marsha Walden, President and CEO of Destination Canada, the Honourable Joseph Schow, Alberta Minister of Tourism and Sport, Richard Ireland, Mayor of the Municipality of Jasper, David Goldstein, CEO of Travel Alberta, and Tyler Riopel, CEO of Tourism Jasper, today announced $3 million in support from the Government of Canada to help Jasper and the region’s tourism industry recover, rebuild and retake its place on the world stage. This is made possible through collaboration between Destination Canada and Travel Alberta, which are integrating their marketing strategies to showcase one of Canada’s most sought-after experiences.

    Key marketing initiatives delivered by Destination Canada include:

    • investing in Destination Canada-led seasonal marketing campaigns, in collaboration with Travel Alberta, with a focus on the United States—Canada’s top international arrivals market;
    • co-investing in opportunities for targeted Destination Canada-led marketing programs in additional key markets such as the United Kingdom, France, Germany, Japan, South Korea, Australia and Mexico;
    • hosting Canada’s largest global tourism media event in Jasper in September 2025, which will be organized in collaboration with Travel Aberta and Tourism Jasper and will serve as a platform to foster relationships between over 80 top-tier travel media outlets from around the world and Canadian tourism industry representatives; and
    • leveraging Destination Canada’s $50 million International Convention Attraction Fund.     

    These important investments build on significant support for Jasper already announced by the Government of Canada. This began with calling in the Canadian Armed Forces to fight the wildfires in July. As Jasper began to recover, the government matched donations and ensured local residents received the benefits and services they needed. As the town started rebuilding, the government quickly made changes to put the municipality in charge of the effort. This work is being directed by a special cabinet committee, led by the Honourable Randy Boissonnault. 

    Today’s announcement followed Minister Ferrada and Minister Schow’s co-hosting of the annual Canadian Council of Tourism Ministers meeting in Banff, Alberta and subsequent tour of the region. At the meeting, federal, provincial and territorial ministers responsible for tourism discussed challenges facing the tourism sector and cross-governmental opportunities to support its growth.

    Marie-Justine Torres
    Press Secretary
    Office of the Minister of Tourism and Minister responsible for the Economic Development Agency of Canada for the Regions of Quebec
    marie-justine.torresames@ised-isde.gc.ca
    613-327-5918

    Media Relations
    Innovation, Science and Economic Development Canada
    media@ised-isde.gc.ca

    For easy access to government programs for businesses, download the Canada Business app.

    MIL OSI Canada News –

  • MIL-OSI USA: Hageman Introduces Expedited Appeals Review Act Allowing Challengers of an Agency Decision an Expedited Verdict by a Neutral Arbiter

    Source: United States House of Representatives – Wyoming Congresswoman Harriet Hageman

    Washington, D.C. – Today, Congresswoman Hageman introduced the Expedited Appeals Review Act (EARA), which provides entities before the Department of the Interior’s Board of Land Appeals (IBLA) the opportunity to file for an expedited review so they can quickly go to court in front of a neutral arbiter.

    Under current law, challengers of an agency decision within the Department of Interior (DOI), must appeal to the IBLA, an administrative court that is also housed within the DOI.  The use of administrative courts pose a variety of constitutional issues, including in relation to the separation of powers, as the agencies who adopt the regulations seek to enforce them through their in-house court system, such as the IBLA.  Over 90% of these cases are typically resolved in the agency’s favor, while often taking years for the case to be decided.

    “We are a government ‘of, by and for the people’ and every agency and their employees should be accountable to the people. It is no wonder that the current construct of in-house courts ruling on cases where the agency’s policies are in question tend to fall on the side of the government almost exclusively.

    “In my 3 decades of practicing law I witnessed cases argued before agency-appointed judges on numerous occasions and then waited as the IBLA delayed issuing a decision. Not only does this leave the non-agency party in limbo as to the outcome of their case, but also costs them significantly in potential fees and penalties waiting for their cases to be considered.

    “This broken system needs to be fixed so that American citizens and companies have a fighting chance against the DOI’s ongoing agenda against our legacy industries.  My bill gives these parties the opportunity to expedite the process and pursue an impartial route in those circumstances where the IBLA is refusing to timely address the matter in front of it.  

    The Expedited Appeals Review Act ensures that if IBLA fails to make a decision within 18 months of the appeal being filed, the applicant can demand an expedited review. The IBLA then has 6 months to resolve the case. Failure to do so allows for that non-agency party to proceed to district court where they will be granted the opportunity to conduct discovery and develop the administrative record.

    Background:

    • The IBLA is a regulatorily constructed, pseudo-judicial, administrative court within the Department of the Interior. It oversees appeals of agency actions, including those from the Bureau of Land Management, Bureau of Ocean Energy Management, Bureau of Safety and Environmental Enforcement, Office of Natural Resources Revenue, and Office of Surface Mining Reclamation and Enforcement.
    • Currently, there are seven administrative judges, four of which were appointed in the last year. · There are over 650 appeals sitting before the IBLA, many of which have been pending for over five years.
    • During an appeal, the agency establishes the administrative record. Frequently, the record is heavily redacted and purposefully excludes documents that favor the appellant. In fact, IBLA judges have explicitly found that the Department compiled administrative records in bad faith and in a biased manner.
    • In FY ’23, IBLA decided only 36 cases on the merits, 34 (94%) of which upheld the Department’s decision. Once a case is finally decided, the administrative record is set and the agency’s decision receives deference, only being overturned if it is found to be arbitrary and capricious. And even if a party wins in District Court, the Court will remand the decision to the agency, restarting the entire process.
    • As a member of the House Judiciary Committee, Rep. Hageman spearheaded an oversight hearing titled “Reining in the Administrative State: Agency Adjudication and Other Agency Action” which exposed the unconstitutionality of administrative courts, including their denial of due process and jury trial rights as well as infringement on the separation of powers
    • Prior to taking office as Wyoming’s lone congressional member, Harriet Hageman was an attorney defending individuals and entities against government agencies, winning cases opposing several of the agencies that are within the Department of Interior.

    ###

    Contact: Chris Berardi, Sr. Advisor/Communications Director

    MIL OSI USA News –

  • MIL-OSI USA: Duckworth, Foster Reinforce Support for IVF Providers and Families

    US Senate News:

    Source: United States Senator for Illinois Tammy Duckworth
    October 17, 2024
    [NAPERVILLE, IL] – U.S. Senator Tammy Duckworth (D-IL) and U.S. Congressman Bill Foster (D-IL-11) today hosted a discussion with IVF providers, advocates and families on the challenges they face with IVF access at risk across the country after Donald Trump’s Supreme Court Justices overturned Roe v. Wade. Duckworth and Foster were joined by Dr. Amanda Schwartz of the Reproductive Medicine Institute, Dr. Megan Sax of Fertility Centers of Illinois and the Beck Family, a Crystal Lake-based family who used assisted reproductive technology to conceive their two children. Photos from today’s event are available on the Senator’s website.
    “After a decade of struggling with infertility, I was only able to have my two beautiful girls through the miracle of IVF,” Duckworth said. I’m grateful I had access to IVF to become a mom when I wanted to become a mom but now, thanks to Donald Trump, that right to reproductive care is at risk for millions of women across this country.  And while so many Republicans continue to claim to support families and IVF, their actions and their votes prove that the American people can’t take them at their word.”
    “I was proud to join Senator Duckworth in Naperville today to reinforce our commitment to protecting access to reproductive treatments like IVF,” said Foster. “Far-right politicians and judges have no business meddling in how Americans choose to start and grow their families. I will continue working with my colleagues in Congress to ensure that every woman – no matter what state she lives in – has access to IVF and all forms of reproductive health care.”
    Duckworth has been the leader in Congress on protecting access to IVF. Duckworth’s Right to IVF Act, comprehensive legislation she led with U.S. Senators Patty Murray (D-WA) and Cory Booker (D-NJ), would establish a right to IVF and other assisted reproductive technology (ART), expand access for hopeful parents, Veterans and federal employees and help lower the costs of IVF for middle class families across the country. Despite publicly claiming to support IVF for the millions of Americans who rely on it to build their families, nearly every Senate Republican voted against the bill in June and again last month.
    The Right to IVF Act builds upon Duckworth’s previous legislation, the Access to Family Building Act. Earlier this year, after the Alabama Supreme Court ruling that put access to IVF at risk for families across that state, Duckworth led a group of Senate Democrats in calling for the bill’s passage through unanimous consent, only for Republican U.S. Senator of Mississippi Cindy Hyde-Smith to object and block Duckworth’s effort. This was the second time Senate Republicans blocked Duckworth-led legislation that would protect access to IVF nationwide. The Access to Family Building Act builds on previous legislation she introduced in 2022.
    Duckworth was the first Senator to give birth while serving in office and had both of her children with the help of IVF. In 2018 she advocated for the Senate to change its rules so she could bring her infant onto the Senate floor.
    -30-

    MIL OSI USA News –

  • MIL-OSI USA: Jayapal Commends TPS Protections for Lebanese Nationals Currently in the United States

    Source: United States House of Representatives – Congresswoman Pramila Jayapal (7th District of Washington)

    WASHINGTON — U.S. Representative Pramila Jayapal (WA-07), Ranking Member of the Immigration Integrity, Security, and Enforcement Subcommittee, released the following statement after Department of Homeland Security (DHS) Secretary Alejandro Mayorkas announced new actions to provide temporary immigration protections to eligible Lebanese nationals currently in the United States.

    “Today’s announcement is welcome news amid the dire humanitarian crisis and regional conflict facing the Lebanese people. As the situation on the ground worsens, the United States must fulfill our responsibility to provide refuge to those fleeing violence and unprecedented economic, political, and financial disasters. I thank the Biden-Harris administration for supporting Lebanese nationals in their time of need through a new Temporary Protected Status (TPS) designation, which was one of the Progressive Caucus’ key recommendations on our executive action slate. Combined with President Biden’s previous Deferred Enforced Departure (DED) designation, these measures will provide some level of peace of mind to thousands of Lebanese families.”

    Issues: Immigration

    MIL OSI USA News –

  • MIL-OSI United Kingdom: Warrington Borough Council: Assistant Best Value Inspector appointment letters

    Source: United Kingdom – Executive Government & Departments

    Letters appointing Assistant Best Value Inspectors in relation to Warrington Borough Council.

    Applies to England

    Documents

    Warrington Borough Council: Assistant Inspector appointment letter (Michael Hainge)

    PDF, 163 KB, 1 page

    Warrington Borough Council: Assistant Inspector appointment letter (Richard Paver)

    PDF, 163 KB, 1 page

    Details

    Copies of the letters from Max Soule, Deputy Director Local Government Stewardship and Interventions at the Ministry of Housing, Communities and Local Government to Michael Hainge and Richard Paver, detailing the decision by ministers to appoint them as Assistant Inspectors in relation to Warrington Borough Council under section 10 of the Local Government Act 1999.

    Updates to this page

    Published 17 October 2024

    Sign up for emails or print this page

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Government partners with civil society to transform lives across the UK

    Source: United Kingdom – Executive Government & Departments

    Government marks ‘new beginning’ of relationship with civil society to tackle some of society’s most pressing issues with launch of a new ‘Civil Society Covenant’

    • Government marks ‘new beginning’ of relationship with civil society to tackle some of society’s most pressing issues
    • Prime Minister Keir Starmer and Culture Secretary Lisa Nandy host No10 roundtable discussion and reception with key civil society representatives 
    • Event signals start of a period of wider engagement over the Autumn to forge a bold new partnership between Government and civil society 

    The creation of a ‘Civil Society Covenant’ will usher in a new era of partnership between government and civil society and help tackle some of the country’s biggest challenges, the Prime Minister and Culture Secretary will announce today. 

    The new Covenant is designed to harness the knowledge and expertise of voluntary, community, social enterprises (VCSEs) and charities to deliver better outcomes for communities right across the country.

    Civil society occupies a unique place in public life by providing support to those in need, binding communities together and helping drive growth. Across the country, there are countless examples of what partnership between civil society and government can achieve, including youth activities to support vulnerable teenagers and tools to support people into work. 

    The new Covenant will build a new partnership between government and civil society based on trust and mutual respect. Crucially, it will unlock the dynamism, innovation and trusted reach of civil society across communities, helping to deliver the defining missions of this government; driving economic growth and opening up opportunity to all.

    As a first step, a Covenant Framework has been developed in consultation with key civil society bodies, including the National Council for Voluntary Organisations (NCVO) and Association of Chief Executives of Voluntary Organisations (ACEVO). 

    The inclusion of key representative organisations recognises the expertise civil society offers in tackling disadvantage, driving cohesion, supporting democracy and community voices both at home and abroad.

    Culture Secretary Lisa Nandy will chair a roundtable discussion with civil society leaders at 10 Downing Street today to launch the Covenant Framework. This will be followed by a reception hosted by Prime Minister Sir Keir Starmer to welcome leaders from a range of civil society organisations. Attendees will represent civil society from across the four nations, including grass roots charities and social enterprises covering a range of diverse communities. 

    Prime Minister, Sir Keir Starmer said: 

    To fix the foundations of our country we need a fundamental reset of the relationship between government and civil society.

    That is why we’re building a new partnership with the sector to tackle the complex social and economic challenges we face as a country.

    By harnessing the dynamism, innovation and trusted reach of civil society organisations, we can boost growth and deliver better outcomes for communities right across the country”.

    Culture Secretary, Lisa Nandy said:   

    The Covenant paves the way for a new era in the relationship between government and civil society — one that recognises the critical role the sector plays as a trusted partner in achieving shared goals for the benefit of communities across the UK.

    Voluntary organisations, charities and social enterprises all understand the challenges being faced every day in our villages, towns and cities and the government wants to work hand-in-hand with them to help fix them — changing lives for the better.

    National Council for Voluntary Organisations (NCVO) CEO, Sarah Elliott said: 

    We are proud to be working with the Government on the Civil Society Covenant. This foundational moment resets the relationship between government and civil society, ensuring the expertise of charities and social enterprises are central to decision making. We look forward to continuing our work with partners across the sector to achieve this vision.

    Association of Chief Executives of Voluntary Organisations (ACEVO) CEO, Jane Ide said: 

    ACEVO welcomes the government’s commitment to work together to develop a Civil Society Covenant which aims to redefine our relationship for the benefit of the people, causes and communities we serve. Effective leadership relies on collaboration, trust, and mutual respect — values that underpin this Covenant. Civil society leaders are essential partners in realising this vision and ensuring its principles are upheld.

    Wales Council for Voluntary Action (WCVA) CEO, Dr Lindsay Cordery-Bruce said: 

    WCVA has proudly worked alongside the Welsh Government for over 20 years to ensure positive and meaningful engagement with the third sector. We welcome the new Covenant as the next step in the civil society movement across the UK. A new Covenant that complements the existing arrangements in the devolved nations will offer an opportunity to build on good practice.” 

    Locality CEO, Tony Armstrong said: 

    We welcome the government’s commitment to resetting its relationship with civil society. Local community organisations have long played a vital, yet often overlooked role in addressing society’s most pressing issues. We see every day what community power can achieve, and the support of government at all levels will allow community organisations to do even more to help local people thrive.

    Refugee Council CEO, Enver Solomon said: 

    It is very encouraging to have a government firmly committed to reaching a new deal on how it works with the voluntary sector as it responds to the huge challenges society and public services face. 

    Charities bring years of invaluable frontline experience, service innovation and an independent perspective that can make government policy and delivery stronger and grounded in the reality of people’s lived experience.

    Four key principles will form the basis of the Covenant Framework: transparency, recognition, participation and partnership. They will act as a starting point for wider engagement across Government, the public sector and civil society. 

    The initiative aims to improve Government and civil society’s ability to tackle complex social and economic challenges by uniting the unique capabilities of the two to facilitate better outcomes for communities which would otherwise be impossible to achieve in isolation. 

    Today’s events at Downing Street will kickstart a period of engagement throughout the autumn, with consideration given to ensuring broad representation is achieved across the full breadth of civil society, inclusive of organisations of all purposes, sizes, geographical locations and demographic focus.

    In parallel, engagement will take place across Government including the Devolved Governments, Arm’s Length Bodies, local authorities and Mayoral Combined Authorities.

    The robust engagement period will culminate in the publication of a final co-created Covenant to be published next year. 

    ENDS

    Additional quotes:

    National Association for Voluntary and Community Action (NAVCA) CEO, Maddy Desforges said: 

    We welcome Government’s explicit recognition of the VCSE’s role in tackling complex and deep rooted societal problems. Local VCSE support organisations form critical connections between the VCSE and statutory partners and capture communities’ unique knowledge and problem solving insights. We are excited to work with Government to collaborate and deepen our relationship to support and develop resilient communities.

    Voice4Change England Director, Kunle Olulode MBE said: 

    Voice4change England welcomes the opportunity to work with government on setting out a new relationship with voluntary organisations, social enterprises and civil society generally. 

    It is long overdue for the government to engage seriously with the parts of the Black and Minoritised third sector we are involved in, so we are keen to make it work. We look forward to constructive, meaningful engagement and positive changes for all in British Society.

    Notes to editors: 

    • The Covenant Framework can be viewed here.
    • The Civil Society Covenant will support partnerships between: 1. national government and associated public bodies including executive agencies and arm’s length organisations 2. civil society organisations including charities, community groups, social enterprises, funders and contributors to the impact economy.
    • While the Covenant scope will focus on core Voluntary, Community and Social Enterprise (VCSE) organisations, relevant industry bodies including Trade Unions were also consulted as part of the initial drafting via engagement with NCVO and ACEVO.  
    • The Covenant will not override existing arrangements between civil society and the Devolved Governments, local authorities and combined authorities, but will instead seek to support these existing relationships.
    • For further details and information on contributing to the engagement, visit https://www.ncvo.org.uk/get-involved/civil-society-covenant

    Updates to this page

    Published 17 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI Canada: Government of Canada funds new initiatives across Canada to prevent youth dating violence

    Source: Government of Canada News

    Today, the Honourable Ya’ara Saks, Minister of Mental Health and Addictions and Associate Minister of Health, announced almost $15.5 million, over the next five years, for 12 projects that focus on youth dating violence prevention across Canada. These projects will promote healthy relationships through the delivery and testing of innovative, evidence-based interventions, as well as training for service providers and educators.

    October 17, 2024 | Calgary, Alberta | Public Health Agency of Canada

    Youth dating violence can have long-lasting health and social consequences, including physical injury, mental health impacts, higher-risk of substance use and difficulties in future relationships. The Government of Canada is committed to providing the support to help youth develop and maintain healthy relationships throughout their lives.

    Today, the Honourable Ya’ara Saks, Minister of Mental Health and Addictions and Associate Minister of Health, announced almost $15.5 million, over the next five years, for 12 projects that focus on youth dating violence prevention across Canada. These projects will promote healthy relationships through the delivery and testing of innovative, evidence-based interventions, as well as training for service providers and educators. These initiatives will help foster safe environments where young people can form positive, healthy relationships free from abuse. By supporting these efforts, we can help reduce the prevalence of dating violence and help provide a safer future for youth living in Canada.

    The successful funding recipients are community associations and non-profit organizations as well as universities from across Canada, who are all dedicated to delivering and testing impactful programs and interventions that will make a lasting difference for youth and their communities. They include the Antigonish Women’s Resource Centre and Sexual Assault Services Association, the University of Calgary, Université du Québec à Montréal, the University of Windsor, the Coaching Association of Canada, Family Service Saskatoon, the Immigrant and Refugee Community Organization of Manitoba, L’Anonyme, Lakehead University, Elizabeth Fry Toronto, the Students Commission of Canada, and the Victoria Sexual Assault Centre.

    “Young people deserve to grow up in safe, nurturing environments, free from the fear of violence and abuse, especially in their romantic relationships. By supporting these 12 initiatives, we are giving young people across Canada more tools and resources to foster healthy relationships and build a better, safer future for themselves and their communities.”

    The Honourable Ya’ara Saks
    Minister of Mental Health and Addictions and Associate Minister of Health

    • Nearly half of Canadian teens (45%) report experiencing dating violence since age 15.

    • The 12 projects announced today are the result of a call for proposals.

    • The nearly $15.5 million investment supports projects that scale up, deliver, and further test youth dating violence prevention interventions that have been shown to be effective, as well as those that meet the needs of key populations, such as youth with a disability, Black and racialized youth, and those who are part of immigrant, refugee and newcomer communities.

    • The Public Health Agency of Canada is investing up to $21 million per year until 2026, and more than $14 million ongoing to support projects that promote safe relationships, prevent youth dating violence, family violence and child maltreatment, and equip health professionals and service providers to recognize and respond safely to gender-based violence.

    • As part of the federal Gender-based Violence Strategy, the Government of Canada has invested more than $800 million since 2017, with $44 million per year ongoing in preventing gender-based violence (including family violence), supporting victims, survivors, and their families and promoting a responsive  justice system.

    • In addition, the Government of Canada invested $539.3 million over five years (2022 to 2027), to support provinces and territories in their efforts to implement the National Action Plan to End Gender-based Violence.

    Yuval Daniel
    Director of Communications
    Office of the Honourable Ya’ara Saks
    Minister of Mental Health and Addictions and Associate Minister of Health
    819-360-6927

    MIL OSI Canada News –

  • MIL-OSI Canada: Alberta’s best receive province’s highest honour

    Source: Government of Canada regional news

    “The Alberta Order of Excellence inductees for 2024 reflect the best traits the people of our province have to offer: innovation, determination and a deep-seeded commitment to serving others. I know that their stories and their many contributions will serve to inspire fellow Albertans now and in the future.”

     Lt.-Gov. Salma Lakhani 

    This year’s inductees bring the total membership of the Alberta Order of Excellence to 220 over the past 45 years. Established in 1979, the Alberta Order of Excellence is the province’s highest honour and is an official part of the Canadian Honours System.

    The new Alberta Order of Excellence members are:

    DON BEGG – Don Begg of Cochrane is a bronze sculptor known around the world for his detailed and life-like figures. His work commemorates the human spirit by showcasing historical moments and everyday life on the Prairies.

    ROBERT FOSTER – Dr. Robert Foster of Edmonton is a globally recognized pharmaceutical scientist. He has improved the lives of thousands with his ground-breaking research, development and dedication to improving the standard of care in medicine.

    CATHERINE FRASER – As Chief Justice of Alberta, the Honourable Catherine Fraser of Edmonton strengthened fairness and equality in domestic and international justice systems, improving access to impartiality in the courts and defending the rule of law.

    WILL FERGUSON – Will Ferguson of Calgary is a gifted author. His award-winning work spans diverse genres and contributes to greater awareness among Canadian and international readers about historical and contemporary Canadian identity.

    STEPHEN MANDEL – As Edmonton’s 34th mayor, Stephen Mandel drove a period of abundant growth and transformation for the city. His dedication to serving Albertans is evident in his work as a philanthropist, volunteer and advocate for the arts and social issues.

    KIM RUETHER – Kim Ruether of Fairview founded the Project Brock Society to save lives.

    She has taught thousands how to treat sudden cardiac arrest using AEDs, expanded research on resuscitation and improved international 911 dispatch protocols.

    NANCY SOUTHERN – Nancy Southern of Calgary is the visionary Chair and CEO of ATCO Ltd.  Her significant contributions reach far beyond the world of commerce as she also leads by example on relevant social and community issues.

    GARNETTE SUTHERLAND – Dr. Garnette Sutherland of Calgary is a world-renowned neurosurgeon, professor and health technology innovator. He used space technology to develop neuroArm to make brain surgery more precise and return patients safely to their families. 

    Related information

    • Alberta Order of Excellence

    MIL OSI Canada News –

  • MIL-OSI Canada: Monumental federal investment of over $1.6 million to support local businesses, local tourism, and economic diversification in the East Algoma – Lake Huron North Shore area

    Source: Government of Canada News

    News release

    FedNor funds will support three projects fostering new and existing businesses as well as tourism

    October 17, 2024 – Elliot Lake, ON – Federal Economic Development Agency for Northern Ontario – FedNor

    Terry Sheehan, Member of Parliament for Sault Ste. Marie and Parliamentary Secretary to the Minister of Labour and Seniors, today announced a total FedNor investment of $1,696,000 in three projects in the East Algoma – Lake Huron North Shore area. The announcement was made on behalf of the Honourable Patty Hajdu, Minister of Indigenous Services and Minister responsible for FedNor.

    Of the total funds, $1,600,000 will go to the East Algoma Community Futures Development Corporation (EACFDC) in support of operating costs for a five-year period beginning April 1, 2024. The funding will help EACFDC provide business counselling and investment services to small and medium-sized businesses, as well as leadership in community strategic planning and socio-economic development. In the previous five-year operating period, EACFDC assisted over 50 businesses, including new startups. They also helped create or maintain over 100 jobs in their catchment area.

    The remaining FedNor funds will go to the City of Elliot Lake for two projects. $72,000 will support the community in developing a detailed tourism strategy. This project will provide the City of Elliot Lake with detailed activities and measurable goals on how to increase tourism. The remaining $24,000 will support the community in completing infrastructure service for a new industrial park development. This will include project design and electrical hook up of a lift station. These two projects will strengthen the local economy by supporting business development, and by bolstering hospitality and retail in the community.

    Quotes

    “The East Algoma area is not only one of the most breathtaking places in a country of exceptional beauty, it is also a place of great opportunity made up of many diverse communities. These FedNor funds are going to help continue to strengthen and support communities in the area, and ensure that a strong economy continues to grow alongside the scenic views that make East Algoma a special place.”

    –       Terry Sheehan, Member of Parliament for Sault Ste. Marie and Parliamentary Secretary to the Minister of Labour and Seniors

    “Today’s monumental federal investment will not only support local businesses in East Algoma, providing them with services needed to meet their growing operations and creating strong and diverse regional economies, but also help the City of Elliot Lake to help develop a detailed tourism strategy. Our government will continue funding strong and diverse regional economies because we understand: Canada is strongest when we are succeeding together.”

    –       The Honourable Patty Hajdu, Minister of Indigenous Services and Minister Responsible for FedNor

    “We are very proud of the work we do in supporting local businesses, organizations, and their communities. Every person here at the East Algoma Community Futures Development Corporation loves this area, and these FedNor funds will help us to directly build our home communities. We look forward to continuing to collaborate with and help entrepreneurs and their businesses succeed.”

    –       Shawn Heard, General Manager, East Algoma Community Futures Development Corporation

    “Our community is a special place home to welcoming, hard-working people, and we are excited to share Elliot Lake with the world. We are a small city of big outdoors and bigger hearts, and FedNor’s support is helping us to expand local businesses and capitalize on opportunities to showcase this beautiful area to people far and wide.”

    –       Andrew Wannan, Mayor, City of Elliot Lake

    Quick facts

    • The East Algoma Community Futures Development Corporation (EACFDC) is a community-based, non-profit organization located in Blind River and governed by a volunteer board of directors from the region.

      • Their catchment area is over 120,000 square kilometres and extends from St. Joseph Island in the west to Spanish in the east.

    • The City of Elliot Lake is located on Highway 108, Between Sudbury and Sault Ste. Marie. Elliot Lake serves as an important service hub for many surrounding small communities.

    • The majority of funds announced today are provided through FedNor’s Community Futures Program (CFP), through which FedNor supports 24 Community Futures Development Corporations (CFDCs) located throughout Northern Ontario.

      • These community-based, not-for-profit organizations are staffed by professionals and are each governed by local volunteer board of directors familiar with their communities’ needs, concerns and future development priorities.

    • Additional funds announced today are provided through FedNor’s Northern Ontario Development Program (NODP), through which FedNor invests in projects led by municipalities, First Nations, and other organizations and institutions that support community economic development, diversification, job creation and self-reliant communities in Northern Ontario.

    Associated links

    Contacts

    Jennifer Kozelj
    Press Secretary
    Office of the Minister of Indigenous Services and Minister responsible for FedNor
    jennifer.kozelj@sac-isc.gc.ca

    Federal Economic Development Agency for Northern Ontario
    Media Relations

    MIL OSI Canada News –

  • MIL-OSI United Kingdom: New Chair appointed to lead Senior Salaries Review Body

    Source: United Kingdom – Executive Government & Departments

    Lea Paterson announced as Chair of the Senior Salaries Review Body.

    Today, Thursday 17 October 2024, the Government has announced that Lea Paterson will be the new Chair of the Senior Salaries Review Body (SSRB).

    Lea brings extensive experience from public policy, regulation, HR and financial journalism. She has held a number of senior roles at the Bank of England, including serving as the Bank’s Executive Director of People & Culture, and as the organisation’s first Director of Independent Evaluation. 

    Lea is currently a Board Member at the Independent Parliamentary Standards Authority, an independent member of Warwick University’s Remuneration Committee, and a Civil Service Commissioner. She also holds a number of voluntary and community roles. 

    As Chair of the SSRB, Lea will provide strong leadership at a senior level and a clear direction of the policy, financial and operational levers that impact on remuneration decisions, especially in the public sector. 

    The SSRB provides independent advice to the Prime Minister and senior ministers on the pay of many of the nation’s top public servants. 

    The SSRB’s remit covers senior civil servants, the judiciary, the senior military, certain senior managers in the NHS, Police and Crime Commissioners and chief police officers.

    This is a Prime Ministerial appointment with Cabinet Office being the sponsoring department. The appointment process for this role was in full accordance with the Commissioner for Public Appointments’ Code of Practice.

    The Rt Hon Pat McFadden, Chancellor of the Duchy of Lancaster, said: 

    Congratulations to Lea on her appointment as Chair of the Senior Salaries Review Body. 

    This role requires someone with financial expertise, strong leadership skills and dedication to public service, and Lea’s skills and experience across many relevant fields will be invaluable. 

    I wish her the best of luck in her new role.

    Lea Paterson, incoming Chair of the Senior Salaries Review Body, said: 

    I’m delighted to have been appointed as Chair of the Senior Salaries Review Body.  

    I’m looking forward to working with colleagues to deliver independent, evidence-based advice that not only helps to attract and retain great talent for our public services, but also ensures value for money for the taxpayer.   

    I would also like to thank the outgoing Chair Pippa Lambert for her sterling leadership of the SSRB.

    Ends

    Updates to this page

    Published 17 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI Global: Why America is buying up the Premier League – and what it means for the future of ‘soccer’

    Source: The Conversation – UK – By Kieran Maguire, Senior Teacher in Accountancy and member of Football Industries Group, University of Liverpool

    When the Premier League broke away from the rest of English football in 1992, its 22 clubs generated £205 million in its debut season, and the average player earned £2,050 a week. Thirty years later, despite having two fewer clubs, the league’s revenue had increased by 2,850% to £6.1 billion and the average player earned £93,000 a week.

    At the heart of this extraordinary growth is an American revolution. In the Premier League’s inaugural season, football was still in recovery from the horrors of the stadium disasters at Hillsborough and Heysel. Owners tended to be from the local area and with a business background. The only foreign owner was Sam Hamman at Wimbledon, a Lebanese millionaire who bought the club on a whim having reportedly been much more interested in tennis. The season ended with Manchester United (under Alex Ferguson) winning the English game’s top league for the first time in 26 years.

    Now, if the Texas-based Friedkin Group’s recent deal to buy Everton goes through, 11 of the 20 Premier League clubs will be controlled or part-owned by American investors. The US – long seen as football’s final frontier when it comes to the men’s game – suddenly can’t get enough of English “soccer”.

    Four of the Premier League’s “big six” are American-owned – Manchester United, Liverpool, Arsenal and Chelsea – while a fifth, Manchester City, has a significant US minority shareholding. Aston Villa, Fulham, Bournemouth, Crystal Palace, West Ham and Ipswich Town also have varying degrees of American ownership.

    And it’s not even just the glamour clubs at the top of the tree. American investment has also been significant lower down the football pyramid, led by the high-profile acquisition of then non-league Wrexham by Hollywood actors Ryan Reynolds and Rob McElhenny, and Birmingham City’s purchase by US investors including seven-time Super Bowl winner Tom Brady. American investment in football has reached places as geographically diverse as Carlisle and Crawley in England, and Aberdeen and Edinburgh in Scotland.


    The Insights section is committed to high-quality longform journalism. Our editors work with academics from many different backgrounds who are tackling a wide range of societal and scientific challenges.

    So why the American obsession with English football? And how real are concerns that these US owners could collude to “Americanise” the traditions of the Premier League – whether by reducing the risk of relegation, introducing some form of “draft pick” system, or moving matches and even clubs to other cities?

    The Premier League’s first US owner

    Manchester United was the first Premier League club to come under American ownership – after a row about a horse.

    In 2005, United was owned by a variety of investors including Irish businessmen and racehorse owners John Magnier and J.P. McManus. Their erstwhile friend Ferguson, the United manager, thought he co-owned the champion racehorse Rock of Gibraltar with them – a stallion worth millions in stud rights. They disagreed – and their bitter dispute was such that Magnier and McManus decided to sell their shares in the football club.

    The Miami-based Glazer family – already involved in sport as owners of NFL franchise the Tampa Bay Buccaneers – had already been buying up small tranches of shares in United, but the sudden availability of the Irish shares allowed Malcolm Glazer to acquire a controlling stake for £790 million (around £1.5 billion at today’s prices).

    The fact Glazer did not actually have sufficient funds to pay for these shares was a solvable problem. In the some-might-say commercially naive world of top-flight English football before the Premier League, Manchester United was a club without debt, paying its way without leveraging its position as one of the world’s most famous football clubs. Glazer saw the opportunity this presented and arranged a leveraged buy-out (LBO), whereby the football club borrowed more than £600 million secured on its own assets to, in effect, “buy itself” in 2005.

    Despite the need to meet the high interest costs to fund the LBO, United continued winning trophies under Ferguson – including three Premier League titles in a row in 2007, 2008 and 2009, as well as a Champions League victory in 2008. Amid this success, the club felt that ticket prices were too low and set about increasing them, with matchday revenue increasing from £66 million in 2004/05 to over £101 million by 2007/08.

    Commercial income was another area the Glazers were keen to increase. United set up offices in London and adopted a global approach to finding new official branding deals ranging from snacks to tractor and tyre suppliers – doubling revenues from this income source too.

    But in this new, more aggressive world of “sweating the asset”, the debts lingered – and most United fans remained deeply suspicious of their American owners. (Following their father’s death in 2014, the club was co-owned by his six children, with brothers Avram and Joel Glazer becoming co-chairmen.)

    Today, despite its partial listing on the New York Stock Exchange and the February 2024 sale of 27.7% of the club to British billionaire Sir Jim Ratcliffe for a reputed £1.25 billion, United still has borrowings of more than £546 million, having paid cumulative interest costs of £969 million since the takeover in 2005. But with the club now valued at US$6.55 billion (around £5bn), it represents a very smart investment for the Glazer family.

    Indeed, while the prices being paid for football clubs across Europe have reached record levels, they are still seen as cheap investments compared with US sports’ leading franchises. Forbes’s annual list of the world’s most valuable sports teams has American football (NFL), baseball (MLB) and basketball (NBA) teams occupying the top ten positions, with only three Premier League clubs – Manchester United, Liverpool and Manchester City – in the top 50.

    With NFL teams having an average franchise value of US$5.1 billion and NBA $3.9 billion, many English football clubs still look like a bargain from the other side of the pond.

    The risk of relegation

    The latest to join this US bandwagon, the Friedkin Group – a Texas-based portfolio of companies run by American businessman and film producer Dan Friedkin – is reported to have offered £400m to buy Everton, despite the club’s poor financial state.

    “The Toffees” have been hit by loss of sponsorships as well as two sets of points deductions for breaching the Premier League’s financial rules, leading to revenue losses from lower league positions. While the new stadium being built at Liverpool’s Bramley-Moore dock has been yet another financial constraint, it will at least increase matchday income from the start of next season.

    Everton’s new stadium at Bramley-Moore dock will open in time for the start of the 2025-26 season.
    Phil Silverman / Shutterstock

    A wider reason for the relative bargain in valuations of European football clubs is the risk of relegation – something that is not part of the closed leagues of most US sports. While the threat of relegation (and promise of promotion) has always been an integral part of English and European football, the jeopardy this brings for supporters – and a club’s finances – does not exist in the NFL, NBA, Major League Soccer and similar competitions.

    The Premier League, with its three relegation spots at the end of each season, has featured 51 different clubs since it launched in 1992. Only six clubs – Arsenal, Spurs, Chelsea, Manchester United, Liverpool and Everton – have been ever present, with Arsenal now approaching 100 years of consecutive top-flight football.

    Other Premier League clubs have experienced the dramatic cost-benefit of relegation and promotion. Oldham Athletic, who were in the Premier League for its first two seasons, now languish in the fifth tier of the game, outside the English Football League (EFL). In contrast, Luton Town, who were in the fifth tier as recently as 2014, were promoted to the Premier League in 2023 – only to be relegated at the end of last season.

    While it is difficult to compare football clubs with basketball and American football teams, the financial difference between having an open league, with relegation, and a closed league becomes apparent when you look at women’s football on both sides of the Atlantic.

    Angel City, a women’s soccer team based in Los Angeles, only entered the National Women’s Soccer League (NWSL) in 2022 and is yet to win an NWSL trophy. But last month, the club was sold for US$250 million (£188m) to Disney’s CEO Bob Iger and TV journalist Willow Bay – the most expensive takeover in the history of women’s professional sport.

    In comparison, Chelsea – seven-time winners of the English Women’s Super League and one of the most successful sides in Europe – valued its women’s team at £150 million ($US196m) earlier this summer. While there are a number of factors to this price differential, the confidence that Angel City will always be a member of the big league of US soccer clubs – and share very equally in its revenue – will have made its new owners very confident in the long-term soundness of their deal.

    The story of Angel City FC, the most expensive team in women’s sport.

    A further attraction for American investors is the potential to enter two markets – one mature (men’s football) and one effectively a start-up (the women’s game) – in a single purchase. In the US, the top men’s and women’s clubs are completely separate. But in Europe, most top-flight women’s teams are affiliated to men’s clubs – with the exception of eight-time Women’s Champions League winners Olympique Lyonnais Feminin, which split from the French men’s club when Korean-American businesswoman Michele Kang bought a majority stake in the women’s team in February 2024).

    While interest in, and hence value of, the WSL is now growing fast, the women’s game in England is dwarfed by viewer ratings for the Premier League – the most watched sporting league in the world, viewed by an estimated 1.87 billion people every week across 189 countries.

    These figures dwarf even the NFL which, while currently still the most valuable of all sporting leagues in terms of its broadcasting deals, must be looking at the growth of the Premier League with some jealousy. This may explain why some US franchise owners, such as Stan Kroenke, the Glazer family, Fenway Sports Group and Billy Foley, have subsequently purchased Premier League football clubs.

    Ironically, for many spectators around the world, it is the intensity and competitiveness of most Premier League matches – brought on in part by the threat of relegation and prize of European qualification – that makes it so captivating. However, billionaire investors like guaranteed numbers and dislike risk – especially the degree of financial risk that exists in the Premier League and English Football League.

    European not-so-Super League

    In April 2021, 12 leading European clubs (six from England plus three each from Spain and Italy) announced the creation of the European Super League (ESL). This new mid-week competition was to be a high-revenue generating, closed competition with (eventually) 15 permanent teams and five annual additions qualifying from Europe. According to one of the driving forces behind the plan, Manchester United co-chairman Joel Glazer:

    By bringing together the world’s greatest clubs and players to play each other throughout the season, the Super League will open a new chapter for European football, ensuring world-class competition and facilities, and increased financial support for the wider football pyramid.

    The problem facing the Premier League’s “big six” clubs – and their ambitious owners – is there are currently only four slots available to play in the Champions League. So, their thinking went, why not take away the risk of not qualifying? However, the proposal was swiftly condemned by fans around Europe, together with football’s governing bodies and leagues – all of whom saw the ESL proposal as a threat to the quality and integrity of their domestic leagues. Following some large fan protests, including at Chelsea’s Stamford Bridge, Manchester City was the first club to withdraw – followed, within a couple of days, by the rest of the English clubs.

    Under the terms of the ESL proposals, founding member clubs would have been guaranteed participation in the competition forever. Guaranteed participation means guaranteed revenues. The current financial gap between the “big six” and the other members of the Premier League, which in 2022/23 averaged £396 million, would have widened rapidly.

    For example, these clubs would have been able to sell the broadcast rights for some of their ESL home fixtures direct to fans, instead of via a broadcaster. All of a sudden, that database of fans who have downloaded the official club app, or are on a mailing list, becomes far more valuable. These are the people most willing to watch their favourite team on a pay-per-view basis, further increasing revenues.

    At the same time, a planned ESL wage cap would have stopped players taking all these increased revenues in the form of higher wages, allowing these clubs to become more profitable and their ownership even more lucrative.

    American-owned Manchester United and Liverpool had previously tried to enhance the value of their investments during the COVID lockdowns era via ProjectBig Picture – proposals to reduce the size of the Premier League and scrap one of the two domestic cup competitions, thus freeing up time for the bigger clubs to arrange more lucrative tours and European matches against high-profile opposition.

    Most importantly, Project Big Picture would have resulted in changing the governance of the domestic game. Under its proposals, the “big six” clubs would have enjoyed enhanced voting rights, and therefore been able to significantly influence how the domestic game was governed.

    Any attempt to increase the concentration of power raises concerns of lower competitive balance, whereby fewer teams are in the running to win the title and fewer games are meaningful. This is a problem facing some other major European football leagues including France’s Ligue 1, where interest among broadcasters has dwindled amid the perceived dominance of Paris St-Germain.

    So while to date, American-led attempts to change the structure of the Premier League have been foiled, it’s unlikely such ideas have gone away for good. The near-universal fear of fans – even those who welcome an injection of extra cash from a new billionaire owner – is that the spectacle of the league will only be diminished if such plans ever succeed.

    And there is evidence from the women’s game that the US closed league format is coming under more pressure from football’s global forces. The NWSL recently announced it is removing the draft system that is designed (as with the NFL and NBA) to build in jeopardy and competitive balance when there is no risk of relegation.

    Top US women’s football clubs are losing some of their leading players to other leagues, in part because European clubs are not bound by the same artificial rules of employment. In a truly global professional sport such as football, international competition will always tend to destabilise closed leagues.

    Why do they keep buying these clubs?

    Does this mean that American and other wealthy owners of Premier League clubs seeking to reduce their risks are ultimately fighting a losing battle? And if so, given the potential risks involved in owning a football club – both financial and even personal – why do they keep buying them?

    The motivations are part-financial, part technological and, as has always been the case with sports ownership, part-vanity.

    The American economy has grown far faster than that of the EU or UK in recent years. Consequently, there are many beneficiaries of this growth who have surplus cash, and here football becomes an attractive proposition. In fact, football clubs are more resilient to recessions than other industries, holding their value better as they are effectively monopoly suppliers for their fans who have brand loyalty that exists in few other industries.

    From 1993 to 2018, a period during which the UK economy more than doubled, the total value of Premier League clubs grew 30 times larger. And many fans are tied to supporting one club, helping to make the biggest clubs more resilient to economic changes than other industries. While football, like many parts of the entertainment industry, was hit by lockdown during Covid, no clubs went out of business, despite the challenges of matches being played in empty stadiums.

    Added to this, the exchange rates for US dollars have been very favourable until recently, making US investments in the UK and Europe cheaper for American investors.

    So, while Manchester United fans would argue that the Glazer family have not been good for the club, United has been good for the Glazers. And Fenway Sports Group (FSG), who bought Liverpool for £300 million in 2010, have recouped almost all of that money in smaller share sales while remaining majority owners of Liverpool.

    Despite this, the £2.5 billion price paid for Chelsea by the US Clearlake-Todd Boehly consortium in May 2022 took markets by surprise.

    The sale – which came after the UK government froze the assets of the club’s Russian oligarch owner, Roman Abramovich, following the invasion of Ukraine – went through less than a year after Newcastle United had been sold by Sports Direct founder Mike Ashley to the Saudi Arabian Public Investment Fund for £305 million – approximately twice that club’s annual revenues. Yet Clearlake-Boehly were willing to pay over five times Chelsea’s annual revenues to acquire the club, even though it was in a precarious financial position.

    Clearlake is a private equity group whose main aim is to make profits for their investors. But unlike most such investors, who tend to focus on cost-cutting, the Chelsea ownership came in with a high-spending strategy using new financial structuring ideas, such as offering longer player contracts to avoid falling foul of football’s profitability and sustainability rules (although this loophole has since been closed with Uefa, European football’s governing body, limiting contract lengths for financial regulation purposes to five years).

    Chelsea’s location in the one of the most expensive areas of London, combined with its on-field success under Abramovich, all added to the attraction, of course. But there are other reasons why Clearlake, along with billionaire businessman Boehly, were willing to stump up so much for the club.

    From Hollywood to the metaverse

    While some British football fans may have viewed the Ted Lasso TV show as an enjoyable if slightly twee fictional account of American involvement in English soccer, it has enhanced the attraction of the sport in the US. So too Welcome To Wrexham – the fly-on-the-wall series covering the (to date) two promotions of Wales’s oldest football club under the unlikely Hollywood stewardship of Reynolds and McElhenney.

    Welcome To Wrexham, season one trailer.

    The growth in US interest in English football is reflected in the record-breaking Premier League media rights deal in 2022, with NBC Sports reportedly paying $2.7 billion (£2.06bn) for its latest six-year deal.

    But as well as football offering one of increasingly few “live shared TV experiences” that carry lucrative advertising slots, there may also be more opportunity for more behind-the-scenes coverage of the Premier League – as has long been seen in US coverage of NBA games, for example, where players are interviewed in the locker room straight after games.

    According to Manchester United’s latest annual report, the club now has a “global community of 1.1 billion fans and followers”. Such numbers mean its owners, and many others, are bullish about the potential of the metaverse in terms of offering a matchday experience that could be similar to attending a match, without physically travelling to Manchester.

    Their neighbours Manchester City, part-owned by American private equity company Silverlake, broke new (virtual) ground by signing a metaverse deal with Sony in 2022. Virtual reality could give fans around the world the feeling of attending a live match, sitting next to their friends and singing along with the rest of the crowd (for a pay-per-view fee).

    Some investors are even confident that advancements in Abba-style avatar technology could one day allow fans to watch live 3D simulations of Premier League matches in stadiums all over the world. Having first-mover advantage by being in the elite club of owners who can make use of such technology could prove ever more rewarding.

    More immediately, there are some indications that competitive matches involving England’s top men’s football teams could soon take place in US or other venues. Boehly, Chelsea’s co-owner, has already suggested adopting some US sports staples such as an All-Star match to further boost revenues. Indeed, back in 2008, the Premier League tentatively discussed a “39th game” taking place overseas, but that idea was quickly shelved.

    The American owners of Birmingham City were keen to play this season’s EFL League One match against Wrexham in the US, but again this proposal did not get far. Liverpool’s chairman Tom Werner says he is determined to see matches take place overseas, and recent changes to world governing body Fifa’s rulebook could make it easier for this proposal to succeed.

    The potential benefits of hosting games overseas include higher matchday revenues, increased brand awareness, and enhanced broadcast rights. While there is likely to be significant opposition from local fans, at least American owners know they would not face the same hostility about rising matchday prices in the US as they have encountered in England.

    When the Argentinian legend Lionel Messi signed for new MLS franchise Inter Miami in 2023, season ticket prices nearly doubled on his account. And while there is vocal opposition to higher ticket prices in England, this is not borne out in terms of lower attendances for matches against high-calibre opposition – as evidenced by Aston Villa charging up to £97 for last week’s Champions League meeting with Bayern Munich.

    Villa’s director of operations, Chris Heck, defended the prices by saying that difficult decisions had to be made if the club was to be competitive.

    Manchester United’s matchday revenue per EPL season (£m)


    Kieran Maguire/Christina Philippou, CC BY

    For much of the 2010s, with broadcast revenues increasing rapidly, many Premier League owners made little effort to stoke hostilities with their loyal fan bases by putting up ticket prices. Indeed, Manchester United generated little more from matchday income in the 2021-22 season, as football emerged from the pandemic, than the club had in 2010-11 (see chart above).

    However, this uneasy truce between fans and owners has ceased. The relative flatlining of broadcast revenues since 2017, along with cost control rules that are starting to affect clubs’ ability to spend money on player signings and wages, has changed club appetites for dampened ticket prices. This has resulted in noticeable rises in individual ticket and season ticket prices by some clubs.

    However, season ticket and other local “legacy” fans generate little money compared with the more lucrative overseas and tourist fans. They may only watch their favourite team live once a season, but when they visit, they are far more likely not only to pay higher matchday prices, but to spend more on merchandise, catering and other offerings from the club.

    Today’s breed of commercially aware, profit-seeking US Premier League owners – pioneered by the Glazer family, who saw that “sweating the asset” meant more than watching football players sprinting hard – understand there is a lot more value to come from English football teams. The clubs’ loyal local supporters may not like it, but English football’s American-led revolution is not done yet.


    For you: more from our Insights series:

    To hear about new Insights articles, join the hundreds of thousands of people who value The Conversation’s evidence-based news. Subscribe to our newsletter.

    Kieran Maguire has taught courses and presented on football finance for the Professional Footballers Association, League Managers Association, FIFA and national football associations in Europe.

    Christina Philippou is affiliated with the RAF FA, and Premier League education programs.

    – ref. Why America is buying up the Premier League – and what it means for the future of ‘soccer’ – https://theconversation.com/why-america-is-buying-up-the-premier-league-and-what-it-means-for-the-future-of-soccer-240695

    MIL OSI – Global Reports –

  • MIL-OSI United Kingdom: Millions of shoppers to be protected by new Buy-Now, Pay-Later rules

    Source: United Kingdom – Executive Government & Departments 3

    New rules will give millions of Buy-Now, Pay-Later users key protections offered by other forms of credit.

    • Providers will have to ensure lending is affordable – stopping users from accumulating unmanageable debt  
    • Rules deliver better protection for shoppers and clarity for innovative sector after years of uncertainty

    Millions of shoppers are set to be protected by new rules for Buy-Now, Pay-Later products.  

    Buy-Now, Pay-Later products have become increasingly popular in recent years as they allow people to spread the cost of purchases over time, but users currently do not have access to a range of key protections provided by other consumer credit products.  

    The Government has today launched a consultation on proposals to fix this by bringing Buy-Now, Pay-Later companies under the supervision of the Financial Conduct Authority (FCA) and applying the Consumer Credit Act, ensuring users receive clear information, avoid unaffordable borrowing, and have strong rights when issues arise.  

    Economic Secretary to the Treasury Tulip Siddiq said:     

    Millions of people use Buy-Now, Pay-Later to manage their finances, but the previous government’s dither and delay left them unprotected.     

    We promised to take action before the election and now we are delivering. Our approach will give shoppers access to the key protections provided by other forms of credit while providing the sector with the certainty it needs to innovate and grow.

    The new rules will allow the FCA to apply rules on affordability – meaning that Buy-Now, Pay-Later companies will have to check that shoppers are able to afford repayments before offering a loan, which will help to prevent people building up unmanageable debt.

    Companies will also need to provide clear, simple and accessible information about loan agreements in advance so that shoppers can make fully informed decisions and understand the risks associated with late repayments. Consumer Credit Act information disclosure rules will be disapplied so that the FCA can consult on bespoke rules that ensure users are given this information in a way that is tailored to the online setting in which Buy-Now, Pay-Later products are generally used.    

    Buy-Now, Pay-Later users will be given stronger rights if issues arise with products they purchase, making it quicker and easier to get redress. This includes applying Section 75 of the Consumer Credit Act, which allows consumers to claim refunds from their lender, and access to the Financial Ombudsman Service to make complaints. 

    Rocio Concha, Which? Director of Policy and Advocacy, said:

    Which? has been a leading voice calling for the regulation of Buy Now Pay Later for years so it’s positive that new rules are coming in that should provide much-needed protections for users of these products.

    Our research found that many BNPL customers do not realise they are taking on debt or consider the prospect of missing payments, which can result in uncapped fees, so clearer information about the risks involved as well as the use of affordability checks and options for redress would be a win for consumers. 

    We are keen to see legislation quickly passed to ensure that BNPL users are protected as strongly as consumers using other credit products.

    Sebastian Siemiatkowski, Co founder and CEO of Klarna, said:

    Congratulations to Tulip Siddiq and the government on moving quickly! They have been working with the industry and consumer groups long before coming into office. We’re looking forward to carrying on that work to put proportionate rules in place that protect consumers while fostering growth.

    Michael Saadat, International Head of Public Policy at Clearpay said:

    We welcome today’s update from City and FinTech Minister, Tulip Siddiq, on BNPL regulation. It is encouraging that HM Treasury has listened to industry feedback and evolved the previous framework to ensure a more proportionate approach to regulation. We have always called for fit-for-purpose regulation that prioritises customer protection, delivers much-needed innovation in consumer credit and that sets high industry standards across the board.

    We will continue to support the Government and the FCA to deliver fit-for-purpose regulation that ensures consumers are protected in a way that supports the UK’s thriving FinTech sector.

    Chris Woolard, Author of the 2021 Woolard Review, which looked at change and innovation in the unsecured credit market, said:  

    Today marks a significant milestone for consumer-focused financial regulation. The proposed package of regulation would implement the recommendations of the Review and mean millions of people up and down the UK will benefit from stronger financial protection as they borrow using BNPL, especially the most vulnerable in society. The incoming regulation will also provide long-term certainty and standards for the market.

    The consultation will be conducted quickly – closing on 29 November – to reflect the urgent need for action to protect consumers.  

    Final legislation is expected to be laid in Parliament in early 2025. Once the legislation is laid, the FCA will finalise the rules so they can take effect in 2026 – bringing clarity to the sector after years of uncertainty about how it will be regulated.  

    This follows the Prime Minister saying he would remove regulation that needlessly holds back investment and growth. Today’s announcement brings in much needed regulation that stops people spiralling into debt.

    Justin Basini, Co-Founder and CEO of The ClearScore Group said:  

    We welcome this consultation to bring Buy-Now, Pay-Later borrowers under the same protections and creditworthiness assessments as other mainstream financial products such as credit cards and loans.  

    It is a sensible step in ensuring that this new, important form of credit continues to provide much-needed flexibility for consumers while also managing any risks.

    Updates to this page

    Published 17 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI Security: Media Invited to Attend IAEA’s First International SMR Conference, Industry Night

    Source: International Atomic Energy Agency – IAEA

    The International Atomic Energy Agency (IAEA) will host the International Conference on Small Modular Reactors and their Applications next week for stakeholders to discuss opportunities, challenges and enabling conditions to accelerate the development and ensure safe and secure operation of SMRs.

    The conference, which is the first IAEA conference on SMRs, will take place from 21 to 25 October at IAEA headquarters in Vienna. The Conference, including Industry Night, is open to the media.

    IAEA Director General Rafael Mariano Grossi will open the conference on 21 October at 14:00 (CET), followed by a ministerial keynote from Ghana and a high-level panel with industry and regulatory executive leaders.

    Over 1000 participants from 95 countries and 17 international organizations and non-governmental organizations are registered to participate in the event. 

    The conference is organized into 44 technical sessions under four main topics: SMR design, technology and fuel cycle; legislative and regulatory frameworks; safety, security and safeguards; and considerations to facilitate deployment of SMRs. In addition, five plenary sessions, four side events and about 100 posters will be presented. The provisional programme is available here. 

    Plenary sessions will be livestreamed on the IAEA website (no login required). For further virtual access to technical sessions, please register online as an observer. Recordings will be available on the “IAEA Conference and Meetings” App available on Google Play and the iTunes Store.

    Please note, side events will be livestreamed through the app. Industry Night will not be livestreamed.

    IAEA experts will be available for interviews. Please send your request to press@iaea.org.

    Industry Night

    SMR developers will present their projects at all development stages during Industry Night, Tuesday, 22 October, 17:45 to 20:00. Organized by the IAEA and World Nuclear Association, about 20 companies will engage with participants to discuss topics related to specific designs.

    Accreditation

    All journalists – including those with permanent accreditation to the Vienna International Centre (VIC) – are requested to inform the IAEA Press Office of their plans to attend the conference in person. Journalists without permanent accreditation to the VIC must send copies of their passport and press ID to press@iaea.org by 12:00 CEST on Friday, 18 October.

    We encourage those journalists who do not yet have permanent accreditation to request it at UNIS Vienna.

    MIL Security OSI –

  • MIL-OSI Security: U.S. Attorney Ryan K. Buchanan Issues Press Release Relating to the November 2024 General Election

    Source: Office of United States Attorneys

    ATLANTA –  U.S. Attorney Ryan K. Buchanan announced today that an Assistant U.S. Attorney will serve as the District Election Officer (DEO) and lead the efforts of his Office in connection with the Department of Justice’s nationwide Election Day Program for the upcoming November 5, 2024, general election.   The DEO is responsible for overseeing the District’s handling of election day complaints of voting rights concerns, threats of violence to election officials or staff, and election fraud, in consultation with the Department of Justice’s Headquarters in Washington.

    “Every eligible citizen must be free to vote without interference or discrimination and have that vote counted as part of a fair and free election,” said U.S. Attorney Ryan K. Buchanan.  “Critical to the preservation of this sacred right is our duty to ensure that election officials and staff, many of whom are elder members of our communities, be permitted to serve without being subject to unlawful threats of violence.  The Department of Justice will always work tirelessly to protect the integrity of the election process.”

    The Department of Justice performs an important role in deterring and combatting discrimination and intimidation at the polls, threats of violence directed at election officials and poll workers, and election fraud.  The Department will address these violations wherever they occur.  The Department’s longstanding Election Day Program furthers these goals and also seeks to ensure public confidence in the electoral process by providing local points of contact within the Department for the public to report possible federal election law violations.

    Federal law protects against such crimes as threatening violence against election officials or staff, intimidating or bribing voters, buying and selling votes, impersonating voters, altering vote tallies, stuffing ballot boxes, and marking ballots for voters against their wishes or without their input.  It also contains special protections for the rights of voters, and provides that they can vote free from interference, including intimidation, and other acts designed to prevent or discourage people from voting or voting for the candidate of their choice.  The Voting Rights Act protects the right of voters to mark their own ballot or to be assisted by a person of their choice (where voters need assistance because of disability or inability to read or write in English).   

    U.S. Attorney Buchanan added, “The franchise is the cornerstone of American democracy.  We must all endeavor to guarantee that those who are entitled to the franchise can exercise this right if they choose, and that those who seek to corrupt or interfere with this right are brought to justice.”

    To respond to complaints of voting rights concerns and election fraud during the upcoming election, and to ensure that such complaints are directed to the appropriate authorities, the District’s AUSA/DEO will be on duty in this District while the polls are open.  The DEO can be reached by the public at (404) 581-6001.

    In addition, the FBI will assign special agents to be available in each field office and resident agency throughout the country to receive allegations of election fraud and other election abuses on election day.  The local FBI field office can be reached by the public at 770-216-3000.

    Complaints about possible violations of the federal voting rights laws can also be made directly to the Civil Rights Division in Washington, DC via a complaint form at https://civilrights.justice.gov/ or by phone at 800-253-3931.

    “Ensuring free and fair elections depends in large part on the assistance of the American electorate,” said U.S. Attorney Buchanan. “It is important that anyone aware of specific information about voting rights concerns or election fraud makes that information available to the Department of Justice.”

    But please note that in the case of a crime of violence or intimidation, you should call 911 immediately and before contacting federal authorities.  State and local police have primary jurisdiction over polling places, and almost always have faster reaction capacity in an emergency.

    For further information please contact the U.S. Attorney’s Public Affairs Office at USAGAN.PressEmails@usdoj.gov or (404) 581-6016. The Internet address for the U.S. Attorney’s Office for the Northern District of Georgia is http://www.justice.gov/usao-ndga.

    MIL Security OSI –

  • MIL-OSI Russia: Dmitry Grigorenko: A friendly, open approach by officials to communicating with citizens is important

    MILES AXLE Translation. Region: Russian Federation –

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    International Forum “Client-Centricity in Public Administration 2024”

    October 17, 2024

    International Forum “Client-Centricity in Public Administration 2024”

    October 17, 2024

    Forum “Client-centricity in public administration – 2024”

    October 17, 2024

    Previous news Next news

    International Forum “Client-Centricity in Public Administration 2024”

    Approaches and tools for implementing the federal project “State for People” were discussed at the international forum “Client-centricity in public administration – 2024”. The event included discussions on the introduction of client-centricity principles in public administration. The federal project “State for People” is supervised by Deputy Prime Minister – Chief of Staff of the Government of Russia Dmitry Grigorenko.

    “Identifying human needs, constantly improving the interaction between government bodies and citizens are important components of the entire public administration system. And here, not only the quality and convenience of government services and services that people use, but also the friendly, open approach of each employee of the departments that citizens contact, play a significant role,” commented Dmitry Grigorenko.

    The forum participants discussed the importance of preparing department employees to work with citizens, their training, developing professional and personal qualities, as well as working with people’s opinions about the quality of public services.

    In particular, it was noted that the federal project “State for People” involves testing government services for simplicity and accessibility. It is carried out in a network of user testing laboratories in 9 regions of Russia. In them, government services and services are tested for compliance with customer-centricity standards, and their ease of use is assessed.

    Another important part of the federal project is the “life situations” services, which help people receive the full range of services necessary to solve a specific problem.

    On the portals of public services and “MSP.RF” 15 “life situations” of the federal level have been launched, and by the end of 2024 it is planned to implement 34. On average, one “life situation” combines 16 services. To date, more than 1.4 million people have used the “life situations” services on the portal of public services. Also this year, 85 regions have begun to implement more than 400 “life situations”.

    Experts from Brazil, South Africa, Qatar, the UAE, and Serbia took part in the panel session “International Experience of Client-Centric Transformation of Public Administration”. The experts shared their experience of implementing client-centric principles in the work of government bodies and emphasized the importance of providing public services not only in person, but also electronically.

    The forum “Customer-centricity in public administration – 2024” brought together about 1.5 thousand representatives of federal and regional authorities, governors, and heads of municipalities of Russia.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://government.ru/nevs/53031/

    MIL OSI Russia News –

  • MIL-OSI United Kingdom: Updated Police Station Representative Register

    Source: United Kingdom – Executive Government & Departments

    The Police Station Representative Register (PSRR) is a listing of probationary and accredited representatives maintained by the Legal Aid Agency.

    The LAA used to publish the register on the GOV.UK page on a regular basis but has listened to feedback that whilst useful this only provided a version that was 100 per cent accurate on the day it was published.

    Ongoing management sees representatives join and be suspended from the register on a daily basis so whilst, for example, solicitors could confirm a representative was on the register at time of last publication they were unable to confirm the same was still true prior to instructing them.

    Access the Register

    The register is available via both GOV.UK Standard Crime Contract 2022 and DSCC online

    Further information

    Whilst we hope this change will be seen as beneficial by all stakeholders feedback is welcome along with further suggestions for improvement and can be sent to Sean Haszard.

    Updates to this page

    Published 17 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: UK to support NATO space launch capabilities and artillery supplies

    Source: United Kingdom – Executive Government & Departments

    Defence Secretary agrees to range of initiatives from boosting ease of access to space and virtual training to developing cutting-edge drones.

    NATO allies could be set to use Britain’s launch vehicles and space ports, following new work that will see the alliance start work to rapidly deploy assets to space. 

    With adversaries attempting to maximise their advantages in space, the Defence Secretary John Healey MP today signed a letter of intent, which will see NATO allies work closer on government and commercial space launch capabilities. 

    Attending his first NATO Defence Ministerial, the Defence Secretary also signed up to a range of multinational long-term projects, from virtual training to drone procurement. 

    Tomorrow and Saturday (Friday 18 October, Saturday 19 October) the Defence Secretary will attend the G7 Defence Ministers meeting. 

    The meeting, hosted by the Italian Presidency of the G7, in Naples, will see the Defence Secretary meet with his G7 opposite numbers.  

    On the margins of the G7, Mr Healey will also attend a meeting of the Global Combat Air Programme, with his Italian and Japanese counterparts.

    Today’s space cooperation announcement will see the UK help develop NATO’s space capabilities. 

    Known as the STARLIFT programme, it will build space launch capabilities across the alliance and will see the UK, alongside our allies and commercial partners, create a network of space launch capabilities across the alliance.  

    Defence Secretary John Healey MP said:

    By developing these cutting-edge technologies, we are setting up our Armed Forces for the battlefields of the future, and creating significant opportunities for British industry.

    Our Government’s commitment to NATO is unshakeable. Together with our partners, we will ensure the collective security of our citizens and strengthen our alliance for decades to come.

    Virtual training 

    The UK is today signing a letter of intent to share virtual simulator training across NATO, allowing Allies to train and work together without the need for a physical deployment, saving time, resources and money. 

    Artillery munitions 

    The UK has agreed today that NATO will create a single test network to enable allies to use different munition types, such as 155mm, on various artillery systems. This will ensure greater flexibility in joint operations. 

    Drones 

    The Defence Secretary also confirmed that the UK will take part in a project to develop cutting-edge drones. 

    The UK has played a key role in sending thousands of drones to Ukraine, where we have seen first-hand the vital role they have played in fighting back against Putin’s forces. 

    NATO allies will work together to develop these unmanned platforms which will gather intelligence, surveillance and deliver strike capabilities.  

    UK participation also helps to integrate the MQ-9B/Protector uncrewed aircraft capability into the NATO Intelligence, Surveillance and Reconnaissance Force and defence of the High North and Arctic region. 

    The UK’s participation in these ambitious projects underline our unshakeable commitment to NATO.

    Updates to this page

    Published 17 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Research shows concerning level of poor practice in the IVA market

    Source: United Kingdom – Executive Government & Departments

    Insolvency Service working with regulators to improve support for people with debt

    • Research was commissioned by the Insolvency Service in light of concerns about the Individual Voluntary Arrangement market. 

    • Of the 310 terminated IVAs that were examined, 60% showed evidence of poor practice by providers. 

    • The Insolvency Service is working with the industry’s regulators to address the situation. 

    Latest research commissioned by the Insolvency Service has shown evidence of poor practice among providers of Individual Voluntary Arrangements. 

    Individual Voluntary Arrangements (IVAs) are a legally binding agreement between a person who is insolvent and their creditors.  

    They are administered by licensed Insolvency Practitioners, usually last for between five and six years, and give people the opportunity to pay an affordable monthly contribution towards their debts. 

    After concerns were raised about the way IVAs were being offered to people who signed up to them, the Insolvency Service commissioned independent research to look into the market. 

    The research, which has been published today, looked at 310 randomly selected IVAs which had been both registered and terminated between 2021 and 2023, and found that 60% showed evidence of poor practice in the early stages. 

    Examples of poor practice included people’s income and expenditure not being recorded accurately by providers, other debt solutions being incorrectly dismissed and providers failing to make sure people understood what they were signing up to. 

    Claire Hardgrave, the Head of Insolvency Practitioner Regulation for the Insolvency Service said:

    Poor practice in the IVA market isn’t in anyone’s interest. It is bad for the economy, for creditors and providers, and it has negative consequences for people dealing with problem debt, including those who are vulnerable.

    While IVAs can work well for many, if an IVA is unsuitable it can leave people struggling with their household budget, being in debt for longer, or even taking on more debt to make their IVA payments.

    We are working with the industry’s regulators on ways to improve this important area of support for people with debt, to make sure they are always given the best advice.

    Across England and Wales, a total of 64,050 IVAs were registered in 2023. 

    The agreements freeze a person’s debts, stop recovery action and provide debt-relief, allowing them to become debt free over a set period. They often provide a better outcome for consumers and creditors than alternative debt solutions, such as bankruptcy.  

    Despite steps to improve poor practices over the past few years, the Insolvency Service has still received reports of poor practices, including aggressive marketing towards people in financial distress which fails to mention the fees which organisations charge or the cheaper alternatives available. 

    Following the publication of its research, the Insolvency Service is continuing to progress its work with regulatory bodies on actions to improve the IVA market. 

    Measures being investigated include creating new advertising protocols, simplifying the process for people entering IVAs, making sure people are presented with more information before they sign up to an IVA and providing better training for Insolvency Practitioners’ staff. 

    Anna Hall, Corporate Director for Debt at the Money and Pensions Service, said: 

    This research shows how incredibly important it is that those who are struggling with debt have access to free and impartial advice, helping them to understand the best way to manage their financial situation.

    For free and impartial guidance, visit MoneyHelper.org.uk to access our debt advice locator tool which provides information about free and confidential debt advice online, over the phone or near to where you live.

    A debt adviser will treat everything you say in confidence, never judge you, and will suggest ways of dealing with debts that you might not know about.

    For more information about IVAs and this research, see here.

    Updates to this page

    Published 17 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI: Westhaven Completes Brokered Private Placement for Gross Proceeds of C$6.0 Million, Including C$1.5 Million Strategic Investment from Rob McEwen

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

    VANCOUVER, British Columbia, Oct. 17, 2024 (GLOBE NEWSWIRE) — Westhaven Gold Corp. (TSX-V:WHN) (“Westhaven” or the “Company”) is pleased to announce the closing of its previously announced brokered private placement (the “Offering“) for aggregate gross proceeds of C$6,000,004.50, which includes the full exercise of the agent’s option for proceeds of C$1,000,002.50. Under the Offering, the Company sold the following:

    • 10,000,000 units of the Company (each, a “Unit”) at a price of C$0.15 per Unit for gross proceeds of C$1,500,000 from the sale of Units;
    • 5,714,300 common shares of the Company that qualify as “flow-through shares” within the meaning of subsection 66(15) of the Income Tax Act (Canada) (each, a “Traditional FT Share”) at a price of C$0.175 per Traditional FT Share for gross proceeds of C$1,000,002.50 from the sale of Traditional FT Shares; and
    • 15,909,100 flow-through units of the Company (each, a “Charity FT Unit”, and collectively with the Units and Traditional FT Shares, the “Offered Securities”) at a price of C$0.22 per Charity FT Unit for gross proceeds of C$3,500,002 from the sale of Charity FT Units.

    In connection with the Offering, Rob McEwen made a strategic investment of C$1.5 million. Following the completion of the Offering, Mr. McEwen owns approximately 5.3% of the issued and outstanding common shares of the Company. Mr. McEwen is the founder and former Chairman of Goldcorp, is currently the Executive Chairman and largest shareholder of McEwen Mining Inc. and is a member of the Mining Hall of Fame.

    Each Unit consists of one common share of the Company (each, a “Unit Share”) and one half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Charity FT Unit consists of one common share of the Company that quality as a “flow-through share” within the meaning of subsection 66(15) of the Income Tax Act (Canada) (a “Charity FT Unit Share”) and one half of one Warrant, which will also qualify as a “flow-through share” for the purposes of the Income Tax Act (Canada). Each Warrant entitles the holder to purchase one common share of the Company (each, a “Warrant Share”) at a price of C$0.22 per Warrant Share at any time on or before October 17, 2026.  

    Red Cloud Securities Inc. (the “Agent”) acted as sole agent and bookrunner in connection with the Offering. In consideration for their services, the Agent received a cash commission of C$346,867.77 and 1,815,564 broker warrants (the “Broker Warrants”), with each such Broker Warrant exercisable for one common share of the Company (a “Broker Share”) at a price of C$0.15 per Broker Share at any time on or before October 17, 2026.

    Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”), the Units and Charity FT Units (the “LIFE Securities”), representing gross proceeds of C$5,000,002.00, were sold to purchasers in the provinces of Alberta, British Columbia, Manitoba, Ontario, and Saskatchewan (the “Canadian Selling Jurisdictions”), the United States and certain offshore jurisdictions pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the “Listed Issuer Financing Exemption”). The Unit Shares, Charity FT Unit Shares and Warrants that were issued, and the Warrant Shares that may be issued upon due exercise of the Warrants, pursuant to the sale of the LIFE Securities will be immediately freely tradeable under applicable Canadian securities legislation if sold to purchasers resident in Canada. The Traditional FT Shares sold pursuant to the Offering were offered by way of the “accredited investor” exemption under NI 45-106 in the Canadian Selling Jurisdictions and Quebec. The Traditional FT Shares are subject to a hold period under Canadian securities laws ending on February 18, 2025.

    The Company intends to use the net proceeds from the sale of Units for working capital and general corporate purposes. The gross proceeds from the sale and issuance of the Traditional FT Shares and the Charity FT Units will be used to incur “Canadian exploration expenses” on the Company’s mineral projects in British Columbia and will qualify as “flow-through mining expenditures”, as both terms are defined in the Income Tax Act (Canada) (collectively, “Qualifying Expenditures”), which will be incurred on or before December 31, 2025 and renounced to the subscribers of the Offering with an effective date no later than December 31, 2024 in an aggregate amount not less than the gross proceeds raised from the sale of the Traditional FT Shares and Charity FT Units. In addition, with respect to British Columbia resident subscribers or those who are eligible individuals under the Income Tax Act (British Columbia), the Qualifying Expenditures will be eligible for the 20% BC mining flow-through share tax credit.

    The securities offered have not been, nor will they be, registered under the U.S. Securities Act of 1933, as amended, or any state securities law, and may not be offered, sold or delivered, directly or indirectly, within the United States, or to or for the account or benefit of U.S. persons, absent registration or an exemption from such registration requirements. This news release does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of securities in any state in the United States in which such offer, solicitation or sale would be unlawful.

    On behalf of the Board of Directors

    WESTHAVEN GOLD CORP.

    “Gareth Thomas”

    Gareth Thomas, President, CEO & Director

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    About Westhaven Gold Corp.

    Westhaven is a gold-focused exploration company advancing the high-grade discovery on the Shovelnose project in Canada’s newest gold district, the Spences Bridge Gold Belt. Westhaven controls ~60,950 hectares (609.5 square kilometres) with four gold properties spread along this underexplored belt. The Shovelnose property is situated off a major highway, near power, rail, large producing mines, and within commuting distance from the city of Merritt, which translates into low-cost exploration. Westhaven trades on the TSX Venture Exchange under the ticker symbol WHN. For further information, please call 604-681-5558 or visit Westhaven’s website at http://www.westhavengold.com

    Forward Looking Statements:

    This press release contains “forward-looking information” within the meaning of applicable Canadian and United States securities laws, which is based upon the Company’s current internal expectations, estimates, projections, assumptions and beliefs. The forward-looking information included in this press release are made only as of the date of this press release. Such forward-looking statements and forward-looking information include, but are not limited to, statements concerning the Company’s expectations with respect to the Offering, including the use of proceeds of the Offering. Forward-looking statements or forward-looking information relate to future events and future performance and include statements regarding the expectations and beliefs of management based on information currently available to the Company. Such forward-looking statements and forward-looking information often, but not always, can be identified by the use of words such as “plans”, “expects”, “potential”, “is expected”, “anticipated”, “is targeted”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved.

    Forward-looking information involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, and without limitation: the Company will not be able to raise sufficient funds to complete its planned exploration program; that the Company will not derive the expected benefits from its current program; the Company may not use the proceeds of the Offering as currently contemplated; the Company may fail to find a commercially viable deposit at any of its mineral properties; the Company’s plans may be adversely affected by the Company’s reliance on historical data compiled by previous parties involved with its mineral properties; mineral exploration and development are inherently risky industries; the mineral exploration industry is intensely competitive; additional financing may not be available to the Company when required or, if available, the terms of such financing may not be favourable to the Company; fluctuations in the demand for gold or gold prices generally; the Company may not be able to identify, negotiate or finance any future acquisitions successfully, or to integrate such acquisitions with its current business; the Company’s exploration activities are dependent upon the grant of appropriate licenses, concessions, leases, permits and regulatory consents, which may be withdrawn or not granted; the Company’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; there is no guarantee that title to the properties in which the Company has a material interest will not be challenged or impugned; the Company faces various risks associated with mining exploration that are not insurable or may be the subject of insurance which is not commercially feasible for the Company; the volatility of global capital markets over the past several years has generally made the raising of capital more difficult; inflationary cost pressures may escalate the Company’s operating costs; compliance with environmental regulations can be costly; social and environmental activism can negatively impact exploration, development and mining activities; the success of the Company is largely dependent on the performance of its directors and officers; the Company’s operations may be adversely affected by First Nations land claims; the Company and/or its directors and officers may be subject to a variety of legal proceedings, the results of which may have a material adverse effect on the Company’s business; the Company may be adversely affected if potential conflicts of interests involving its directors and officers are not resolved in favour of the Company; the Company’s future profitability may depend upon the world market prices of gold; dilution from future equity financing could negatively impact holders of the Company’s securities; failure to adequately meet infrastructure requirements could have a material adverse effect on the Company’s business; the Company’s projects now or in the future may be adversely affected by risks outside the control of the Company; the Company is subject to various risks associated with climate change, the Company is subject to general global risks arising from epidemic diseases, the ongoing conflicts in Ukraine and the Middle East, rising inflation and interest rates and the impact they will have on the Company’s operations, supply chains, ability to access mining projects or procure equipment, supplies, contractors and other personnel on a timely basis or at all is uncertain; as well as other risk factors in the Company’s other public filings available at http://www.sedarplus.ca. Readers are cautioned that this list of risk factors should not be construed as exhaustive. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. The Company cannot guarantee future results, performance, or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information. The Company undertakes no duty to update any of the forward-looking information to conform such information to actual results or to changes in the Company’s expectations, except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.

    The MIL Network –

  • MIL-OSI USA: Governor Kelly Announces 2024 Kansas Economic Report, Highlighting Key Points of Growth – Governor of the State of Kansas

    Source: US State of Kansas

    TOPEKA – Governor Laura Kelly announced today that the 2024 Kansas Economic Report shows growth in the state’s labor workforce, continued low unemployment, and record exports. The report, produced by the Labor Market Information Services division of the Kansas Department of Labor (KDOL), comprehensively analyzes the state’s economic health and labor market trends.

    The annual publication highlights critical data on employment, unemployment, labor force participation, job growth, personal income, and more, providing an essential resource for businesses, policymakers, and job seekers.

    • Labor Force Growth: In 2023, Kansas saw a 0.6% increase in its labor force, adding 8,385 individuals and bringing the total labor force to over 1.51 million. The number of employed Kansans reached a record high of 1.47 million, reflecting the state’s resilience and ongoing recovery.
    • Unemployment Rates: Kansas maintained a low unemployment rate, rising slightly to 2.7% in 2023, still well below the national average of 3.6%. Despite the modest increase, Kansas continues to outperform the national labor market.
    • Job Market Rebounds: Kansas’ nonfarm jobs surpassed pre-pandemic levels, with a total of 1.44 million jobs in 2023. Private sector employment led this growth, adding 23,800 jobs, while the government sector added 3,700 jobs.
    • Industry and Occupational Projections: Health care, transportation, and computer-related occupations are expected to grow significantly through 2032. Occupations typically requiring a bachelor’s degree are expected to add the most jobs from 2022 to 2032.
    • Export Growth: Kansas’ export market hit a record of $14.1 billion in sales, driven by growth in the transportation equipment and processed foods sectors. However, exports to Kansas’ top trade partners—Mexico, Canada, and Japan—have declined over the year.

    “The growth we are seeing is encouraging and shows the progress made in revitalizing our state’s economy,” Governor Laura Kelly said. “This report reinforces my administration’s commitment to making Kansas the best state to live, work, and raise a family.”

    “Kansas continues to show resilience in its economic recovery, as demonstrated by rising employment numbers and strong job growth in key sectors,” Kansas Secretary of Labor Amber Shultz said. “However, demographic challenges such as a shrinking younger population highlight the need for careful attention to workforce development as we plan for the future.”

    The report also discusses long-term demographic trends, citing concerns about the state’s aging population and declining numbers of younger workers, which could pose challenges to future labor force sustainability.

    To address those issues, the Kansas Department of Commerce has been working with businesses to attract new talent. It recently launched its Love, Kansas campaign to bring those who left the state back to their roots in Kansas.

    “It’s simple: we need more humans in Kansas to keep up with the phenomenal economic growth our state is experiencing,” Lieutenant Governor and Secretary of Commerce David Toland said. “The best way to do that is to first approach Kansans who left the state for economic opportunities elsewhere and invite them to build a life in a place they know and have connections to, whether in their hometown or elsewhere in the state.  And with the Love, Kansas campaign, we aren’t just extending an invitation to those who once called Kansas home to come back–we’re also inviting families from around the country to build their lives in the Sunflower State.”

    KDOL’s full report is available here.

    ###

    MIL OSI USA News –

  • MIL-OSI Canada: World-class cancer facility opens in Calgary

    Source: Government of Canada regional news

    [embedded content]

    Alberta’s government is committed to providing Albertans with the high-quality health care they need, including access to cancer care research, screening, prevention and patient-centred treatment. About half of Albertans will develop cancer in their lifetime, with more than 23,300 new cancer cases expected this year. Alberta’s government is committed to improving treatments and outcomes for cancer patients and supporting screening and prevention initiatives to prevent future cases.

    On Oct. 28, one of the largest government infrastructure projects in the province’s history, the Arthur J.E. Child Comprehensive Cancer Centre (Arthur Child), will officially open services to patients. The Arthur Child has an extensive scope and integration of cancer care services, making it one of the most advanced cancer centres in the world. The centre will open in phases to ensure that the final stages of quality assurance around every aspect of the building are carried out.

    “Every life lost to cancer is one too many. For those living with cancer and the family and friends who care for them, the opening of the Arthur Child is a move forward and a point of hope. This centre will not only provide needed cancer care as a world-class research facility, it will also focus on prevention and early detection that we hope will one day lead to a future without cancer.”

    Danielle Smith, Premier

    With 127,000 square metres of space, including 160 inpatient beds and more than 9,200 square metres dedicated to research, the Arthur Child will provide world-leading care and treatment to patients while driving innovation and working towards a future without cancer. As the cancer care centre for all of southern Alberta, the new Arthur Child has been built to be significantly larger than the Tom Baker Cancer Centre.

    “Alberta’s government will continue to do everything it can to prevent future cancer cases and to improve treatment and outcomes. This world-class facility was designed to meet the needs of today while preparing for the future, ensuring Albertans receive the highest level of care possible.”

    Adriana LaGrange, Minister of Health

    “Opening the Arthur J.E. Child Comprehensive Cancer Centre is a monumental milestone for cancer patients and their families. This project brought together engineers, patient advisers and medical professionals to create a facility that will affect the lives of Albertans for years to come.”

    Pete Guthrie, Minister of Infrastructure

    “This facility is a result of Cancer Care Alberta’s deep dedication to patient-centred care. Designed with our patients’ active involvement, every detail reflects their needs and aspirations. It’s more than just a structure; it’s a beacon of hope where compassionate care meets cutting-edge technology.”

    Athana Mentzelopoulos, president and CEO, Alberta Health Services

    The Arthur Child was created with input from cancer patients and their families. Since 2014, patient and family advisers have volunteered more than 4,800 hours to help bring the project from conception to completion.

    The Arthur Child offers both inpatient and outpatient services, placing patients at the centre of a multidisciplinary health system.  Research at the facility will focus on prevention, early detection, patient-centred treatment, supportive care and patient experiences and outcomes.

    “The excellence in care and research at the Arthur Child is an illustration of the incredible generosity of Albertans. Community support through the OWN Cancer fundraising campaign has helped bring the vision of this world-class facility to life and will transform cancer care in Alberta.”

    Wendy Beauchesne, CEO, Alberta Cancer Foundation

    “The future is brighter for cancer patients in Calgary, Canada and beyond thanks to the research that will happen at the Arthur Child and its translation into better treatments, better patient experiences and better patient outcomes.”

    Ed McCauley, president and vice-chancellor, University of Calgary

    “When I started with the patient and family advisory council for the new cancer centre at its inception in September 2014, I could only dream of what we would be able to accomplish. I did know that I needed this work to help me find purpose and opportunity within the heartbreak of my cancer diagnosis. Now, 10 years later, to be a part of the celebration of these dreams coming to life in such tangible and inspiring ways has me overcome with pride and excitement.”

    Charlotte Kessler, patient

    Quick facts

    • Services at the Arthur Child include:
      • more than 100 patient exam rooms
      • 160 inpatient unit beds
      • more than 90 chemotherapy chairs
      • increased space for clinical trials
      • 12 radiation vaults, with three more shelled in for future growth
      • new on-site underground parking with 1,650 stalls
      • outpatient cancer clinics
      • clinical and operational support services
      • research laboratories
    • Construction on the centre was completed in 2022.
      • Workers accumulated approximately eight million hours of on-site work during construction. At the peak of construction, more than 1,650 trades and construction workers were on site. 
    • The building received LEED Gold certification, setting a new standard for health care facilities.
      • This certification recognizes excellence in areas such as energy efficiency, water conservation and indoor environmental quality, and reflects a commitment to creating a healthy and sustainable environment for patients and staff.
    • The most diagnosed cancers in Alberta are breast, prostate, lung and colorectal cancer. These cancers account for 49 per cent of new cases and 47 per cent of cancer deaths.

    Related information

    • Arthur J.E. Child Comprehensive Cancer Centre

    Related news

    • Appointments scheduled at new cancer centre (Sept. 16, 2024)

    Multimedia

    • Watch the news conference

    MIL OSI Canada News –

  • MIL-OSI USA: SBA Steps in: Disaster Assistance now Available for Florida Businesses and Residents Affected by Hurricane Milton, Helene and Debby

    Source: United States Small Business Administration

    WASHINGTON – Low-interest disaster loans from the U.S. Small Business Administration (SBA) are available to businesses and residents in Florida following the announcement of a Presidential disaster declaration for Hurricane Milton that began on Oct. 5.  SBA has opened a Business Recovery Center (BRC) at the Entrepreneurs Collaborative Center, in Tampa. The SBA opened the Center to assist businesses and residents who were affected by Hurricanes Milton, Helene and Debby.  

    “SBA’s mission-driven team stands ready to help small businesses and residents in Florida impacted by this disaster in every way possible under President Biden’s disaster declaration for certain affected areas,” said SBA Administrator Isabel Casillas Guzman. “We’re committed to providing federal disaster loans swiftly and efficiently, with a customer-centric approach to help businesses and communities recover and rebuild.”

    On October 15, 2024, it was announced that funds for the Disaster Loan Program have been fully expended. While no new loans can be issued until Congress appropriates additional funding, we remain committed to supporting disaster survivors. Applications will continue to be accepted and processed to ensure individuals and businesses are prepared to receive assistance once funding becomes available.

    Applicants are encouraged to submit their loan applications promptly for review in anticipation of future funding.

    The disaster declaration covers Brevard, Charlotte, Citrus, Clay, Collier, DeSoto, Duval, Flagler, Glades, Hardee, Hendry, Hernando, Highlands, Hillsborough, Indian River, Lake, Lee, Manatee, Marion, Martin, Okeechobee, Orange, Osceola, Palm Beach, Pasco, Pinellas, Polk, Putnam, Sarasota, Seminole, St. Johns, St. Lucie, Sumter, Volusia and the Miccosukee Tribe of Indians of Florida which are eligible for both Physical and Economic Injury Disaster Loans from the SBA. Small businesses and most private nonprofit organizations in the following adjacent counties are eligible to apply only for SBA Economic Injury Disaster Loans (EIDLs): Alachua, Baker, Bradford, Broward, Levy, Miami-Dade, Monroe and Nassau counties in Florida.  

    SBA’s Customer Service Representatives are available at the Centers to assist business owners complete their disaster loan application, accept documents, and provide updates on an application’s status. Walk-ins are accepted, but you can schedule an in-person appointment at an SBA Business Recovery Center in advance.  The Centers will operate as indicated below.

    Business Recovery Center (BRC)

    Pinellas County  

    Entrepreneurs Collaborative Center

    2101 E Palm Ave  

    Tampa, FL 33605

    Hours:            Monday – Friday, 8 a.m. to 5 p.m.  

                            Saturday, 9 a.m. to 2 p.m.  

    Closed:          Sunday  

    Business Recovery Center (BRC)

    Pinellas County  

    SPC Epicenter at St. Petersburg College

    13805 58th Street N, Suite 1-200

    Clearwater, FL 33760

    Hours:        Monday – Friday, 8 a.m. to 5 p.m.

    Closed:       Saturday and Sunday

    Business Recovery Center (BRC)

    Manatee County  

    Rocky Bluff Library

    6750 US-301  

    Ellenton, FL 34222

    Hours:         Monday – Saturday, 9 a.m. to 6 p.m.                    

    Closed:        Sunday

    Business Recovery Center (BRC)

    Sarasota County  

    Sarasota Christian Church

    2923 Ashton Rd  

    Sarasota, FL 34231

    Hours:        Monday – Saturday, 9 a.m. to 5 p.m.

    Closed:       Sunday

    “SBA’s Business Recovery Centers are a cornerstone of our support for business owners,” said Francisco Sánchez, Jr., associate administrator for the Office of Disaster Recovery and Resilience at the Small Business Administration. “At these centers, business owners can meet face-to-face with specialists to apply for disaster loans and access a wide range of resources to guide them through their recovery.”

    Disaster survivors should not wait to settle with their insurance company before applying for a disaster loan. If a survivor does not know how much of their loss will be covered by insurance or other sources, SBA can make a low-interest disaster loan for the total loss up to its loan limits, provided the borrower agrees to use insurance proceeds to reduce or repay the loan.

    Businesses and private nonprofit organizations of any size may borrow up to $2 million to repair or replace disaster-damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.  

    For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations, the SBA offers Economic Injury Disaster Loans (EIDLs) to help meet working capital needs caused by the disaster. Economic Injury Disaster Loan assistance is available regardless of whether the business suffered any physical property damage.

    Disaster loans up to $500,000 are available to homeowners to repair or replace disaster-damaged or destroyed real estate. Homeowners and renters are eligible for up to $100,000 to repair or replace disaster-damaged or destroyed personal property.

    Interest rates are as low as 4% for businesses, 3.25% for nonprofit organizations, and 2.813% for homeowners and renters, with terms up to 30 years. Interest does not begin to accrue, and monthly payments are not due, until 12 months from the date of the initial disbursement. Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition.

    Building back smarter and stronger can be an effective recovery tool for future disasters. Applicants may be eligible for a loan amount increase of up to 20% of their physical damages, as verified by the SBA for mitigation purposes. Eligible mitigation improvements may include a safe room or storm shelter, sump pump, French drain or retaining wall to help protect property and occupants from future disasters.  

    “SBA’s disaster loan program offers an important advantage–the chance to incorporate measures that can reduce the risk of future damage,” said Sánchez. “Work with contractors and mitigation professionals to strengthen your property and take advantage of the opportunity to request additional SBA disaster loan funds for these proactive improvements.”

    With the changes to FEMA’s Sequence of Delivery, survivors are now encouraged to simultaneously apply for FEMA grants and the SBA low-interest disaster loan assistance to fully recover.  FEMA grants are intended to cover necessary expenses and serious needs not paid by insurance or other sources. The SBA disaster loan program is designed for your long-term recovery, to make you whole and get you back to your pre-disaster condition.  Do not wait on the decision for a FEMA grant.

    Survivors impacted by Hurricanes Helene and Debby should submit separate applications for each disaster. For information and to apply online visit sba.gov/disaster. Applicants may also call the SBA’s Customer Service Center at (800) 659-2955 or send an email to disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    The filing deadline to return applications for physical property damage is Dec. 10, 2024. The deadline to return economic injury applications is July 11, 2025.

    ###

    About the U.S. Small Business Administration  

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit http://www.sba.gov. 

    MIL OSI USA News –

  • MIL-OSI USA: Smith Statement on Constitutional Reforms Passed by Mexican Legislature

    Source: United States House of Representatives – Congressman Adrian Smith (R-NE)

    Washington, D.C. – Congressman Adrian Smith (R-NE) released the following statement on the Constitutional Reform of Strategic State Industries and Enterprises which passed the Mexican Senate. The legislation which had previously passed in the lower house, gives increased market preference to state-owned electric utilities.

    “For years, the Biden-Harris administration has largely stood by as Mexico’s disregard for its USMCA commitments places American workers at risk. While these changes to Mexico’s constitution present new barriers to its USMCA compliance which were unanticipated when the agreement was enacted, impediments to a healthy bilateral trade relationship are not new, which is why I have repeatedly urged USTR to conduct robust engagement with stakeholders and Mexican leaders. I am disappointed by this administration’s lack of urgency and cooperation in defending the integrity of USMCA. Lack of enforcement of our agreements, not to mention a lack of long-term strategy, destabilizes the regulatory environment and weakens our competitiveness, ultimately putting American industry in a precarious position. With the review of USMCA coming in 2026, we should be strengthening, not neglecting, our engagement with one of our closest trading partners.”

    BACKGROUND:

    In September, Smith led a bipartisan group of colleagues in sending a letter to United States Trade Representative Katherine Tai expressing concerns regarding proposals related to electricity, mining, genetically modified corn, and regulatory bodies which were set to be considered by the Mexican government.

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Remarks by President  Biden at a Memorial Service for Mrs. Robert F.  Kennedy

    US Senate News:

    Source: The White House
    3:53 P.M. EDT
    THE PRESIDENT:  Hello.  (Applause.)
    Joe, thank you.
    Thank you, thank you, thank you.  (Applause.) 
    I’m sure you’re clapping because I’m the last speaker. 
    Well, that was worth that partial comment — or concert.  You know what he said on the way out?  Can I tell them, pal?  He said, “If I get a Grammy, I’m going to give it to you,” the only guy in this whole darn church who can’t sing a note.  (Laughter.)
    My dad used to have a band and sang.  He said, “Joey, I don’t know where the hell you came from.  You can’t carry a tune.  You can’t sing.  You can’t dance.  I don’t know where you came from, but I love you anyway.”  (Laughter.)
    Father MacMillan, thank you for everything.  Thank you for — for being so good to us. 
    President Clinton, President Obama, distinguished guests; the Kennedy family, children, grandchildren, great-grandchildren, and extended family, it’s been an emotional journey listening to all of you.  When I knew I was going to be the last speaker, I thought, “How did that happen?”  Because, you know, it brings back so many memories. 
    Ethel was always there for so many people, and she played an essential role in my life as well — maybe a little different than with others.  She was there as soon as I entered political office in 1972 as a 29-year-old kid before I got sworn in. 
    I was in her brother-in-law’s office — Teddy’s office — hiring staff — I was only 29; you had to be 30 years old to be sworn in, and I wasn’t 30 yet — when I got a phone call from the fire department in my — by my house saying there had been an accident.  A tractor-trailer had broadsided my wife’s automobile, Christmas shopping with a Christmas tree on top, on December 18th, and killed my wife and killed my daughter, and my boys weren’t expected to live. 
    When I lost my family — and she was there.  Joe, your mom was there then — then.  
    As soon as I got elected president, I received a letter from your mom.  The letterhead was titled Mrs. Robert Kennedy, and in her very neat handwriting, she had written that she took great comfort in knowing the country was in good hands. 
    She had no idea, for a 29-year-old kid in that circumstance, how much it meant.  Because as some of you know — Bill knows — I didn’t plan on sticking around after that accident. 
    She said she was honored and proud there was a bust of her husband, Bobby Kennedy, in my office, the Oval Office. 
    I have only two political heroes in my life: Dr. King and Bobby Kennedy.  Not a joke.  So, I didn’t realize — my two colleagues from the — who were president know — you get to pick what you want in your office, and I wanted to be able to see both of them from my — from the Resolute Desk by the fireplace: Dr. King and Bobby Kennedy.
    And days later, I received another letter from her that I’ll always remember, and I know all of you look forward to each year: a valentine card — a valentine card.  Which, in our house, Valentine’s Day is known as “Jill’s holiday.”  (Laughter.)
    Like Ethel, Jill is a practical joker.  This was no surprise — it was no surprise that Jill loved Ethel’s card that year, which said — I’m not sure the hundred others who receive it felt the same way because, apparently, she sent that card — she sent it to everyone that year.  (Laughter.)  It was a picture of me and Ethel surrounded by hearts.  (Laughter.)  Oh, you think I’m kidding.  I — it meant a lot to me, I’m telling you.
    Printed — the language on the card, it said — in the printed language of the card, it said, “I’m not Biden my time waiting for you, Valentine.”  (Laughter.)  And then in her handwriting, she says, “‘Cause he’s no ordinary Joe.”  (Laughter.) 
    I don’t know how many of you got that damn valentine, but I tell you what, it meant a lot to me.  (Laughter.)  I’ve received a lot honors in my life, but that might be the best one I’ve ever received.  (Laughter and applause.)
    You know, yes, Ethel was Mrs. Robert Kennedy.  She was one of my politi- — he was my — as I said, one of my political heroes.  But I always knew her as Ethel Kennedy, a hero in her own right.  I loved Bobby Kennedy.  I’ve only met him once when I was in Syracuse law school and he was campaigning.  But I — I just — I admired him so damn much. 
    I’ve told John Kerry this, my buddy.  I — I could picture Bobby at my kitchen table with my dad and my mom.  I could picture him there.
    But, you know, Ethel was a hero in her own right, full of character, full of integrity and empathy — and genuine empathy. 
    She was full of laughter and joy and light.  She was a great athlete in her own right, for real.  She was a mother.  Literally, there was nothing, from my perspective and, I suspect, most of you, that she couldn’t do — nothing.
    Four years later, after I had gotten — after Bobby — she lost her beloved Bobby, she invited me and my boys to her home after the accident left my family broken, having lost my wife and daughter, my boys barely making it.  Along with Teddy, she got me through a time I didn’t want to stick around.  I wanted no part of being in the Congress or the Senate.  I mean it.
    I’d spoken to my governor, because we had elected a Democratic governor, to find a replacement for me.  But Teddy and Ethel Kennedy would hear nothi- — none of it. 
    You know, the fact is, like she did for the country, Ethel helped my family find a way forward with principle and purpose. 
    We saw how she picked up Bobby’s cause and stamped her own mark on the country.  Marching for civil rights, as you heard about today, and working to end poverty at home, attempting to secure peace abroad, and so much more.  She once said, “For anyone to achieve something, you have to show a little courage.  You’re only on this Earth once.  You must give it all you’ve got.”
    Reminded me of my mom.  My mom used to say, “Joey, courage lives in every heart, and one day you’ll be called upon.  Be ready to stand up.”  And that’s not — that’s from Catherine Eugenia Finnegan Biden, and she meant it.  She meant it.
    For over 50 years, with Ethel’s own iron will and moral courage, she gave it everything she had, and we’re a better nation and a better world because of Ethel Kennedy. 
    Let me close with this.  On a Sunday in May this year, I delivered a commencement speech at Morehouse College in Atlanta.  I noted that had we been in church that day, there’d be a reflection about the resurrection and redemption.  We remember Jesus was buried on Friday, and on Sunday, he rose again.  But we don’t talk nearly enough about that Saturday when his disciples felt all hope was lost — all hope was lost. 
    In our lives and in the life of the nation, we have those Saturdays — and thank God your mom, your grandmom, your great-grandmom was — was there for me — to bear witness to the day before glory, to see people’s pain and not look away.  But work is to be done on Saturday, is to move pain to purpose.  How can faith get a person, get a nation through what is coming? 
    Well, my message to all of us here today and to the entire the country is look to Ethel Kennedy’s faith. 
    To the Kennedy family — presumptuous of me to say this and maybe sound inappropriate, but to the Kennedy family, the Biden family is here for you, as you’ve always been for us.  You changed the life of my boys.  You really did.
    When I lost my son Beau, he was attorney general of the state of Delaware.  And he volunteered to join the National Guard as attorney general.  You either have to be state property or federal property.  And he temporarily gave up his office to go with his unit for a year in Iraq.  And unfortunately, I was in — in out — in and out of Iraq, as Barack knows, because — and Afghanistan 30-some times.  And I got to see him several times.
    But the bad news was he was about a quarter to a half mile away from a burn pit — 100 yards long, 10 feet deep, burning everything from waste to — everything, poisoning the air.  And he came home with Stage 4 glioblastoma and he died.  Your mom was there then too. 
    I apologize.
    So, from the Biden family to the Kennedy family, the hymn that’s very close to our heart based on the 91st psalm, it goes like this: “May he raise you up on eagle’s wings and bear you on the breath of dawn, and make you to shine like the sun, and hold you in the palm of his hand.” 
    May God bless Ethel Kennedy, and may we — she re- — may be — she be reunited with the blessed pieces of her soul in Heaven.
    God bless you all.  And thank you for letting me participate.  Thank you.  (Applause.)
    4:04 P.M. EDT

    MIL OSI USA News –

  • MIL-OSI Canada: Governments strengthening mental health services for international agricultural workers

    Source: Government of Canada News (2)

    News release

    Federal-provincial investment will provide new mental health resources

    Oct. 17, 2024 – Toronto, Ontario  –  Agriculture and Agri-Food Canada

    The governments of Canada and Ontario are investing nearly $1.8 million over 2 years to provide international agricultural workers (IAWs) in Ontario with enhanced access to mental health supports in Spanish, Tagalog, French and English.

    Delivered by the Canadian Mental Health Association (CMHA), Ontario Division, in close partnership with its Windsor-Essex and Brant-Haldimand-Norfolk regional branches, the International Agricultural Worker Wellness Program will support IAWs with managing stress, homesickness and isolation. The program will provide referrals to free local services, including recreational activities, primary care, counselling, support groups, in-person workshops, and more.

    The program will launch in early 2025 and be delivered over 2 years, with resources available in Spanish, French and English in year 1, expanding to include Tagalog in year 2. The program will focus on the Windsor-Essex region first and then expand to Brant-Haldimand-Norfolk in year two. Both regions have high populations of IAWs. In the second year, the program will also offer support to farm operators with workshops on how to create safer workplaces.

    This investment recognizes the critical contribution IAWs make in Ontario’s agricultural economy. It builds on the success of the IAW Welcome Centre and the IAW Welcoming Communities Initiative.

    This program is funded through the Sustainable Canadian Agricultural Partnership (Sustainable CAP), a 5-year (2023-2028), $3.5-billion investment by federal, provincial and territorial governments to strengthen competitiveness, innovation, and resiliency of Canada’s agriculture, agri‐food and agri‐based products sector. This includes $1 billion in federal programs and activities and a $2.5 billion commitment that is cost-shared 60% federally and 40% provincially/territorially for programs designed and delivered by the provinces and territories.

    Quotes

    “Working far from home can be tough, and it’s so important that our international agricultural workers have access to the mental health supports they need. Through the IAW Wellness Program, we can better support these workers with tailored programs and services so they can continue to help us deliver top-quality products to Canadians, and the world.”  

    – The Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food

    “Ontario respects and appreciates the international agricultural workers who call our province home and who contribute so much to our almost $51 billion agri-food sector. The IAW Wellness Program will help these important workers access the supports and services needed to improve their quality of life and better integrate into our dynamic agri-food workforce of over 871,000 men and women.”

    – Rob Flack, Ontario Minister of Agriculture, Food and Agribusiness

    “International agricultural workers are integral to Ontario’s agriculture industry and food supply, so it’s critical that this population has mental health support while they’re living and working in our province. Since 2022, CMHA’s team at Agriculture Wellness Ontario has been working to reduce mental health stigma and meet the needs of the agricultural community. We’re delighted to work with our branches to offer this new program for international agricultural workers.”

    – Camille Quenneville, Chief Executive Officer, Canadian Mental Health Association, Ontario Division

    “Mental health care plays a crucial role in supporting the well-being of migrant workers, who often face unique challenges like family separation and cultural transitions. It’s heartening to see the governments of Canada and Ontario develop the IAW Wellness Program. By offering services in their first languages, this initiative ensures that migrant workers feel understood and supported, which is vital for their mental health. This empowers individuals to navigate daily challenges and fosters a more inclusive and compassionate community for everyone. Such efforts are essential for building a society that values the well-being of every migrant worker.”

    – Martin Varela, Chairman, Migrant Worker Community Program

    Quick facts

    •  In 2023, Ontario launched the Virtual Welcome Centre, a web page of resources for IAWs available in English, Spanish and French. It includes information and links about worker rights and responsibilities, adjusting to life in Ontario, health care, human and labour trafficking, and living and working safely in the community. 

    • The IAW Welcoming Communities Initiative, announced in September, supports municipalities and not-for-profits in creating an inclusive and welcoming environment for international agricultural and food workers. Eligible activities include introducing or enhancing translation supports and transportation services.   

    • The governments of Canada and Ontario also recently announced a $178,000 expansion of the Farmer Wellness Initiative to include delivery of services in Spanish for Ontario farm workers.

    • For more information about OMAFA programs and services, contact the Agricultural Information Contact Centre (AICC) at 1-877-424-1300 or at ag.info.omafa@ontario.ca.

    Associated links

    Contacts

    For media:

    Annie Cullinan
    Director of Communications
    Office of the Minister of Agriculture and Agri-Food
    annie.cullinan@agr.gc.ca

    Media Relations
    Agriculture and Agri-Food Canada
    Ottawa, Ontario
    613-773-7972
    1-866-345-7972
    aafc.mediarelations-relationsmedias.aac@agr.gc.ca
    Follow us on Twitter, Facebook, Instagram, and LinkedIn
    Web: Agriculture and Agri-Food Canada

    Makena Mahoney
    Minister’s Office
    Makena.Mahoney@ontario.ca

    Meaghan Evans
    Communications Branch
    OMAFRA.media@ontario.ca

    MIL OSI Canada News –