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ETF industry to continue growing as competition picks up: report

Share this article and your comments with peers on social media Companies BMO Global Asset Management “While still in its infancy, Canada’s ETF industry has shown impressive growth, with a compounded annual asset growth rate of 18.5% over the last five years, and 28.6% over the last 10,” said Rajiv Silgardo, co-CEO of BMO Global Asset Management. “In 2012, we expect the industry will continue to grow, although competition will be stiffer and market conditions more volatile.” The outlook report suggests that the emergence of new ETF providers will contribute to increased competition this year. “All providers will seek to capture share,” the report says. “There will definitely be more ETFs introduced in 2012, in particular from the newer participants in the industry.” New ETFs are likely to include actively managed ones, according to BMO. While these products are currently only offered by one provider – and comprise a small fraction of industry assets – BMO notes that some “large and well-known” firms are looking to enter this segment of the market. BMO also expects the launch of more hybrid structures in 2012, such as mutual funds that invest explicitly – or partially – in ETFs. As new products emerge and providers compete for market share, BMO expects that prices will come under pressure. “We believe the plain vanilla market capitalization-based ETFs will be cannibalized by cheaper or better constructed alternatives, unless providers can find a new class of investors for those,” the report says. Another theme advisors can expect to see this year is further industry consolidation. Last week, BlackRock Inc. announced a deal to acquire Claymore Investments, Inc., and BMO says this development represents a trend that’s likely to continue, which could lead to the termination of some of the ETFs currently trading on the market. Lastly, BMO’s outlook says advisors should anticipate that ETFs will attract the attention of regulators this year. It notes that in 2011, regulatory concerns emerged in Europe in connection to synthetic ETFs that use asset-based swaps to create desired investment exposures. In particular, regulators expressed concerns around a lack of transparency into the underlying investments of these ETFs, and the potential for conflicts of interest. “While we did not have similar issues in Canada, we believe that regulators globally will be more focused on this industry in 2012. In particular, they will want to educate themselves more as ETFs continue to multiply,” the report says. Megan Harman Facebook LinkedIn Twitter The Canadian exchange traded fund business will continue to grow and evolve in 2012, and advisors are likely to see greater price competition and the emergence of more sophisticated ETFs, according to a new report from BMO Asset Management Inc. In the Canadian ETF Outlook 2012, released on Tuesday, BMO suggests that the industry is set for dramatic change and further growth in the year ahead. Statistics released by the Canadian ETF Association on Monday showed that in 2011, industry assets grew by nearly 13% to $43.1 billion. read more

ESMA finalizes advice on future rules for financial benchmarks

first_img Final bell tolls for LIBOR The European Securities and Markets Authority (ESMA) has finalized its technical advice to the European Commission on important aspects of the rules for financial benchmarks, in the wake of the LIBOR manipulation scandal, the regulator announced on Thursday. Regulators have been beefing up oversight of these critical metrics after the manipulation of various benchmarks came to light in the past several years. Share this article and your comments with peers on social media James Langton Keywords Europe,  Financial benchmarks The new regulatory framework aims to clarify the behaviours and standards expected of benchmark administrators and contributors, in an effort to ensure that benchmarks are produced in a transparent and reliable manner. “In finalizing our advice, we have listened carefully to stakeholders and they have expressed concerns in particular about duplicative reporting regimes under different pieces of EU legislation. Where existing reporting mechanisms can be used for new regulatory purposes, we will always strive to streamline processes and I believe our advice on measuring benchmarks’ reference values reflects that commitment,” said Steven Maijoor, chair of ESMA, in a news release. The European Commission will prepare the final rules for benchmarks for implementation by Jan. 1, 2018. center_img U.S. LIBOR may live a little longer Facebook LinkedIn Twitter CSA adopts benchmark oversight regime Related newslast_img read more

Formal review underway into Ashley Youth Detention Centre incident

first_imgFormal review underway into Ashley Youth Detention Centre incident Roger Jaensch,Minister for Human ServicesThe Department of Communities Tasmania has commenced a formal review into an incident that occurred at the Ashley Youth Detention Centre (AYDC) last night.This is a standard practice when such incidents occur, as it is important that we understand how they occurred and what measures can be put in place to prevent them happening again.It’s important to understand that AYDC is a therapeutic facility that aims to safely and securely accommodate young offenders with a view to rehabilitation and a positive return to life within our community.The Tasmanian Government has commenced our $7.3 million major infrastructure redesign and upgrade of the Centre to ensure its fit for purpose as part of a state-wide, contemporary, therapeutic youth justice system.Safety and security measures related to the facilities at Ashley Youth Detention Centre are being addressed as part this extensive infrastructure upgrade.The Department of Communities responds to all recommendations by the Custodial Inspector, including those made in the 2018 inspection report.In response to those recommendations the Department of Communities Tasmania has taken a range of actions to ensure the ongoing security and suitability of the site as a therapeutic youth justice facility. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Ashley, AusPol, Australia, community, detention, Government, Human, Human Services, incident, infrastructure, justice, Minister, Safety, security, TAS, Tasmania, Tassie, Youthlast_img read more

Territory Exploration Grants Open

first_imgTerritory Exploration Grants Open NT GovernmentApplications are now open for Round 14 of the Territory Government’s exploration drilling and geophysics grants.This program, which is part of the $26 million Resourcing the Territory initiative, is the biggest investment by any Territory Government into programs to attract and support resources exploration in the Territory.Round 14 sees the funding criteria expanded to include drilling in brownfields areas (close to known mineral deposits), as recommended by the Territory Economic Reconstruction Commission.The program provides co-funding assistance of 50 per cent of the program cost, up to $125,000.Round 13 awarded up to $1 million in funding to five exploration drilling projects and seven geophysics projects from ten companies.The Geophysics and Drilling Collaboration project funding is for programs to be undertaken during 2021, and applications will close on 3 May 2021. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:AusPol, Australia, Commission, exploration, Government, Investment, Northern Territory, project, resourceslast_img read more

Hospitality and tourism training group appoints CEO

first_imgHospitality and tourism training group appoints CEO Sarah Courtney,Minister for Small Business, Hospitality and EventsWe know that those in the hospitality and tourism industries have been some of the most impacted by the COVID-19 pandemic and the Government is committed to continuing to work with these important sectors to build a skilled workforce and develop a sustainable, industry-led approach to training.These industries underpin Tasmania’s economy and that’s why we supported the establishment of the Tasmanian Hospitality and Tourism Training organisation (THTT).The Liberal Government has supported THTT with funding of $1 million over two years, through State Growth, and I am pleased that THTT is now one step closer to opening its doors with the inaugural appointment of the Chief Executive Officer.This is an exciting milestone and I congratulate Ms Emilie Donovan on her appointment as CEO of the THTT.Ms Donovan, from Deloraine, joins THTT with over two decades of experience working for the Australian Maritime College’s Training and Consultancy Division, providing industry-led specialised non-accredited and accredited training tailored to align to industry needs and demands. Emilie understands the importance of working with industry to provide the right training at the right time.The THTT will complement private training providers and TasTAFE’s Drysdale arm to expand the market and offer industry informed training programs.This training group will further support the workforce development and training needs of the industry. It demonstrates our clear commitment to improve training options for these important sectors and fulfils our long term aspiration to grow our skilled Tasmanian hospitality and tourism workforces.This is in addition to the action we are taking to build a bolder TasTAFE with a strategic approach to deliver hands-on training through courses that best equip Tasmanians to get a job.I would like to thank the Tasmanian Hospitality Association and the Tourism Industry Council of Tasmania for their ongoing commitment to creating new pathways and employment opportunities for Tasmanians. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:AusPol, Australia, Australian, business, covid-19, Deloraine, Drysdale, employment, Government, industry, maritime, Minister, pandemic, Small Business, sustainable, TAS, Tasmania, Tassie, workforcelast_img read more

2018 Ford Mustang GT wants to help you be a good neighbour

first_img COMMENTSSHARE YOUR THOUGHTS When you have a 460-horsepower V8 at your disposal in the 2018 Ford Mustang, things can get … noisy. It’s a blessing or a curse, depending on the situation.Downshifting from sixth to fourth while going through a tunnel on the highway? Perfect. Sneaking into your neighbourhood in the middle of the night or heading to work at 6 a.m. on a Sunday while everyone else is fast asleep? Well, that’s a bit tricky.Thankfully, Ford has you covered with a couple of new tricks for the Mustang GT’s active exhaust system – Quiet Start and Quiet Exhaust. The former lets drivers start up the Mustang GT without disturbing anyone, while latter keeps the V8’s rumble to a minimum. Both features can be programmed to activate between certain hours – perfect for sneaking out for a midnight drive or heading to work before sunrise. And once you’ve cleared your sleepy neighbourhood, the system can be deactivated. Neat, eh?Steve von Foerster, Ford’s former head of vehicle engineering, originally came up with the idea. As the story goes, a neighbour of his complained to the police about his loud Shelby GT350. Von Foerster left before the cops arrived, so he didn’t end up with a ticket. He didn’t get mad, either – instead, von Foerster set out to make the Mustang GT a little more courteous. Now it’s up to Mustang owners to actually use the feature. Perhaps if Quiet Exhaust would automatically activate upon leaving Cars and Coffee meets, we’d be spared the mishaps. Trending Videos Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” See More Videos advertisement PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca The Rolls-Royce Boat Tail may be the most expensive new car ever RELATED TAGSFordMustangCoupeNewsCars and Car DesignCulture and LifestyleFord Motor CompanyFord MustangMuscle CarsSteve von Foerster Trending in Canada We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. Created with Raphaël 2.1.2Created with Raphaël 2.1.2 2018 Ford Mustang GT ‹ Previous Next ›last_img read more

Vineyard to Vintner 2017, a Weekend of Exclusive Tastings, Food Pairings…

first_imgReddIt AdvertisementVineyard to Vintner will take place April 28-30, 2017, in the Napa Valley. Tickets are released February 14, 2017. One, two and three day packages are available.STAGS LEAP DISTRICT, Napa, CA, February 1, 2017 – The Stags Leap District Winegrowers announced today that tickets to Vineyard to Vintner 2017 go on sale Tuesday, February 14, 2017, at 9:00 a.m. PST. Each year, member wineries of the Stags Leap District Winegrowers open their doors for this one weekend, giving visitors exclusive access to the wines, vineyards and people behind this iconic wine region. Visitors receive personal, backstage access to vintner homes and historic wineries alike, with private tours, barrel tastings and food pairings, all set amongst the glorious vineyards and towering Palisades of the Stags Leap District.“Vineyard to Vintner offers visitors a wine experience like no other,” said Nancy Bialek, Executive Director of Stags Leap District Winegrowers. “It’s a full weekend with library wine dinners, open houses and a vintner-hosted lunch.  Guests have unparalleled vintner and winemaker access and can taste the world-renowned Cabernets of this region, in the most relaxed of settings. Cabernet fans look forward to this weekend, year after year.”This year’s Vineyard to Vintner hosting wineries include Baldacci Family Vineyards, Chimney Rock Winery, Cliff Lede Vineyards, Clos Du Val, Ilsley Vineyards, Lindstrom Wines, Malk Family Vineyards, Odette Estate, Pine Ridge Vineyards, Quixote Winery, Regusci Winery, Shafer Vineyards, Silverado Vineyards, Stag’s Leap Wine Cellars, Stags’ Leap Winery, Steltzner Vineyards, and Taylor Family Vineyards.The Vineyard to Vintner weekend includes:– Exclusive Vintner-Hosted Library Wine Dinners: Friday, April 28, 2017 // 6:30 PM – 10:00 PM Vineyard to Vintner begins Friday night with four distinct dinners. Each 45-person dinner is co-hosted by several vintners and is prepared by a famed Napa Valley chef. The 2017 Friday dinner venues include Cliff Lede Vineyards, Clos Du Val, Silverado Vineyards, and Stags’ Leap Winery. Each co-hosting vintner digs deep into their cellars to share their most cherished library wines for this food and wine experience.– Back-Stage Open Houses: Saturday, April 29, 2017 // 10:00 AM – 4:00 PMOn Saturday, individual Winery Open Houses provide back-stage access to the Association’s member wineries. Guests spend the day with vintners and winemakers at their private homes and historic wineries and enjoy special access to wines and food not available to the general public.– Vintner-Hosted Lunch and Appellation Collection Tasting: Sunday, April 30, 2017 // 11:30 AM – 2:00 PMThe Vineyard to Vintner weekend concludes Sunday with a vintner-hosted farm-to-table buffet lunch. Set among the sprawling vineyards at Regusci Winery V2V guests also get the first “sneak peak” of the 2014 Stags Leap District Appellation Collection.Tickets and Additional InformationTickets go on sale, February 14, 2017. You can find more information and purchase tickets, at http://www.stagsleapdistrict.com/V2V. Prices range from $690 for a three-day pass, to $545 for a two-day pass (Friday/Saturday), $340 for a two-day pass (Saturday/Sunday), and $195 for a Saturday single-day pass. ‘Signature Wine Weekends for Two’ packages are available for $3,399 and include two passes for all three days of the event, the limited 2014 Appellation Collection of 17 handcrafted 2014 SLD designated Cabernet Sauvignons each signed exclusively by the vintners, and one Solle two-bottle jacquard and leather embossed wine tote. More information can be found at www.stagsleapdistrict.com/V2V.About Stags Leap District Winegrowers:The Stags Leap District Winegrowers is a non-profit association of vintners and growers united by the mission of enhancing the reputation of the appellation and its wines, and sharing its quality with the wine-loving world. The SLDWA is comprised of 17 wineries and 10 grower members. Wineries include:  Baldacci Family Vineyards, Chimney Rock Winery, Cliff Lede Vineyards, Clos Du Val, Ilsley Vineyards, Lindstrom Wines, Malk Family Vineyards, Odette Estate Winery, Pine Ridge Vineyards, Quixote Winery, Regusci Winery, Shafer Vineyards, Silverado Vineyards, Stag’s Leap Wine Cellars, Stags’ Leap Winery, Steltzner Vineyards, and Taylor Family Vineyards. To learn more about the Stags Leap District, please visit stagsleapdistrict.com or find the Association on Facebook.com/StagsLeapDistrict, Instagram.com/SLDistrict Twitter @SLDistrict.Advertisement Twitter Facebook Pinterest TAGSConsumerStags Leap District Winegrowers Share Linkedin Previous articleKorbel California Champagne Launches Exclusive Floral WrapNext articleRhone Rangers to Honor Sondra Bernstein with Lifetime Achievement Award Press Release Email Home Industry News Releases Vineyard to Vintner 2017, a Weekend of Exclusive Tastings, Food Pairings and…Industry News ReleasesWine BusinessVineyard to Vintner 2017, a Weekend of Exclusive Tastings, Food Pairings and Backstage Access to the Private Homes and Historic Wineries of the Iconic Stags Leap District By Press Release – February 1, 2017 80 0 last_img read more

History in the Making: Historic “TIPO” Wine Brand Returns

first_imgReddIt AdvertisementTIPO, one of California’s most Iconic and Historic Wine Brands has come back to life. TIPO was originally established in 1906 and was considered “America’s Greatest Wine” both before and after Prohibition. TIPO was a popular brand for over seven decades.Now it is being reintroduced by STAMA WINERY in Lodi, California. STAMA is located at 17521 N. Davis Road in Lodi, California.The wines are being produced by Franck Lambert, the former Winemaker for Michael-David Winery, famous for their “7 Deadly Zins” wine. Franck is an esteemed Winemaker born and raised in France.The label design, based on the original 1906 TIPO label has been updated and modernized by Ricardo Kanakaris, a 35 year wine industry veteran, host and co-producer of the web show WINE NATION TV and former owner of PAVONA WINES in Monterey, California.STAMA WINERY was established in 2003 and grows 200 acres of Cabernet Sauvignon, Zinfandel, Sauvignon Blanc and Merlot. Their Tasting Room is located at 17521 N. Davis Road and is open from 11 A.M. to 5 P.M. Daily.Advertisement Pinterest Share Facebook Previous articleWomen of the Vine & Spirits™ to Stream 2017 Global Symposium Live and On-DemandNext articlePortocork Adds to Sales Team Press Release TAGSConsumerStama WineryTIPO Wines Email Home Industry News Releases History in the Making: Historic “TIPO” Wine Brand ReturnsIndustry News ReleasesWine BusinessHistory in the Making: Historic “TIPO” Wine Brand ReturnsBy Press Release – February 8, 2017 84 0 Linkedin Twitterlast_img read more

Rebranded CAP Yielding Positive Results

first_imgRebranded CAP Yielding Positive ResultsJIS News | Presented by: PausePlay% buffered00:0000:00UnmuteMuteDisable captionsEnable captionsSettingsCaptionsDisabledQualityundefinedSpeedNormalCaptionsGo back to previous menuQualityGo back to previous menuSpeedGo back to previous menu0.5×0.75×Normal1.25×1.5×1.75×2×Exit fullscreenEnter fullscreenPlay Advertisements Photo: JIS PhotographerMinister of Education, Hon. Rev. Ronald Thwaites (left), congratulates scholarship awardees, and students on the Career Advancement Programme (CAP), Adrian Stephenson (centre), and Nyoka Taylor (right). They were presented with the scholarships valued over $3 million, by the United States based Union Institute and University, recently at the Jamaica Pegasus Hotel, in New Kingston. RelatedTop Performers Honoured by Caribbean Examinations Council The Ministry of Education is reporting that the rebranded Career Advancement Programe (CAP) has seen notable improvements in students’ attitude and enrollment.The programme has achieved improvements in the National Vocational Qualification of Jamaica (NVQ) examination results by 5 per cent over 2013; and an increase in the NVQ registration of students for continuing assessment from 17 per cent to over 87 per cent.For the current academic year the projection is for 6,000 students to participate in the programme, up by 2,000 over last year.Providing an update on the second chance initiative for students, Chief Education Officer, Dr. Grace McLean, says she is pleased with the “transformational” approach by the students, and the “integrated” placing of the second seekers by Principals and teachers.“We have seen almost a transformation of the general attitude and interest of our students, and of great importance, we are now seeing where our Principals and teachers are integrating those students who are now getting a second chance for their education into the regular school programme,” she noted, at a recent education symposium, held at the Jamaica Pegasus Hotel, in New Kingston.“That’s a significant achievement. Despite the fact that they are getting a second chance, they are treated as our students in the secondary system at different times during the day, to advance their education,” Dr. McLean added.Under the revamped CAP programme, sixth form students who are pursuing the Caribbean Advanced Proficiency Examination (CAPE), have the option to pursue both the academic and vocational pathways that will enable them to receive dual certification.The sixth form option includes a skill component based on course offerings within particular institutions. These are high schools or community colleges that have a registered and established sixth form programme. During the current academic year, some 6,000 students aged 16 to 18 years are slated to receive career related training in 53 institutions islandwide.Recently, the United States based Union Institute and University awarded two CAP students from the Haile Selassie High School, in St. Andrew, with scholarships worth over $3 million.The university had high praise for the initiative, which was first implemented in 2010, to cater for students between the age cohort 16-18, who did not succeed at the first go at the secondary level.“I am really grateful for it. Haile Selassie High School has helped me a lot,” says scholarship recipient, Adrian Stephenson, in an interview with JIS News.“Persons getting a second chance can do well. I know they can do well; if I am here, they can,” he says.Nyoka Taylor, who also received a scholarship, says students on the programme should at all times be “confident, believe in yourself, and when the opportunity comes knocking, you should take it.”Minister of Education, Hon. Rev. Ronald Thwaites, tells JIS News that the students are “very fortunate, and they are emblematic of the possibility of so many students who may not make it the first time, but for whom the State and other benefactors offer a second chance.”“This is an opportunity that we want to make available to everyone in Jamaica, so that no one will be left behind. It is left to all of us to combine for that end,” the Minister urges.He says the Ministry appreciates the work of teachers who volunteer to take on the task of dealing with those young people who had challenges with the formal system, but are now seeking to make a change.“If each of them can be lifted up, not looked down on as the failures of the system, then what a remarkable possibility and talent will emerge in their lives and what a change will take place in our land,” the Minister argues.Skill programmes offered under CAP include hospitality, tourism, Information and Communication Technology (ICT), construction, agriculture and health services.It also provides technical option for students who are so inclined. This option is open to students who attain at least one subject in the Caribbean Secondary Examination Certificate (CSEC), or proficiency in the HEART Trust diagnostic examination, or its equivalent.They can then pursue Technical Vocational Education and Training (TVET) courses at levels one and two, in addition to core courses, including Mathematics and English. Rebranded CAP Yielding Positive Results EducationDecember 31, 2014Written by: Garfield L. Anguscenter_img Story HighlightsThe Ministry of Education is reporting that the rebranded Career Advancement Programe (CAP) has seen notable improvements in students’ attitude and enrollment.The programme has achieved improvements in the National Vocational Qualification of Jamaica (NVQ) examination results by 5 per cent over 2013; and an increase in the NVQ registration of students for continuing assessment from 17 per cent to over 87 per cent.Under the revamped CAP programme, sixth form students who are pursuing the Caribbean Advanced Proficiency Examination (CAPE), have the option to pursue both the academic and vocational pathways that will enable them to receive dual certification. RelatedNYS to Help Participants Complete Tertiary Education RelatedEducation Minister Calls for New Way of Teaching Mathematics FacebookTwitterWhatsAppEmail last_img read more

North East Manchester Road Rehabilitated

first_imgNorth East Manchester Road RehabilitatedJIS News | Presented by: PausePlay% buffered00:0000:00UnmuteMuteDisable captionsEnable captionsSettingsCaptionsDisabledQualityundefinedSpeedNormalCaptionsGo back to previous menuQualityGo back to previous menuSpeedGo back to previous menu0.5×0.75×Normal1.25×1.5×1.75×2×Exit fullscreenEnter fullscreenPlay Meanwhile, Mayor of Mandeville and Chairperson of the Manchester Parish Council, Brenda Ramsay, said the West Road project represents a “mission accomplished” for the Council, which recommended it for rehabilitation under JEEP.She also encouraged the residents to assist in maintaining the roadway. “Even if we (Council) don’t get to it with the regularity that we should, if there is a drain that is blocked…take steps to have it cleaned, in the interim,” she told the residents.For her part, JEEP’s Programme Director, Carolyn Gardner, also welcomed completion of the West Road project, which she noted started under the tenure of her predecessor, Lucile Brodber.Member of Parliament for North East Manchester, Audley Shaw, expressed gratitude for the stakeholder collaboration involved in repairing West Road and other corridors in the constituency, under JEEP.Speaking on behalf of the citizens, West Road resident, Howard Bennett, expressed thanks to Councillor for the Walderston Division, in which the corridor is located, Burton Wright, for his representation on their behalf to have the road repaired. RelatedFunding Identified for Southern Coastal Highway Project Photo: Melroy SterlingState Minister for Transport, Works and Housing, Hon. Richard Azan (2nd left), is assisted by Jamaica Emergency Employment Programme (JEEP) Director, Carolyn Gardner (centre); and Mandeville Mayor, Councillor Brenda Ramsay (2nd right), to cut the ribbon at Thursday’s (June 11) re-opening ceremony for West Road in Cobbla, Manchester. The road was rehabilitated at a cost of $6.5 million, under Phase Four of the JEEP component of the Ministry’s Major Infrastructure Development Programme (MIDP). Story HighlightsThe 1.9-kilometre West Road, which serves residents of Cobbla and adjacent communities in North East Manchester, has been rehabilitated by the Ministry of Transport, Works, and Housing, at a cost of $6.5 million.The road, which had deteriorated extensively, was repaired under Phase Four of the Jamaica Emergency Employment Programme (JEEP), a component of the Ministry’s Major Infrastructure Development Programme (MIDP). Advertisements North East Manchester Road Rehabilitated Works / ConstructionJune 13, 2015Written by: Douglas Mcintosh Related$38 Million Transportation Centre to be Built in Linstead The 1.9-kilometre West Road, which serves residents of Cobbla and adjacent communities in North East Manchester, has been rehabilitated by the Ministry of Transport, Works, and Housing, at a cost of $6.5 million.The road, which had deteriorated extensively, was repaired under Phase Four of the Jamaica Emergency Employment Programme (JEEP), a component of the Ministry’s Major Infrastructure Development Programme (MIDP).Work on the two-week project, which was completed in March, included paving of the roadway and construction of drains and verges.This project complements similar works carried on other roads in the constituency and wider parish, under various programmes administered by several agencies, including the Jamaica Social Investment Fund (JSIF).West Road was symbolically re-opened by Transport, Works and Housing State Minister, Hon. Richard Azan, on June 11.The State Minister emphasised the need to effect road repairs, particularly within communities, and to maintain the corridors.To this end, he said there is need for property owners to pay the requisite taxes to assist in facilitating road maintenance programmes.He urged the Manchester Parish Council to ensure compliance by property owners. “The Council must insist that every person who has property on West Road (and other roads) must pay their taxes…to ensure that we maintain this road, and others. We have to make sure that everyone plays his or her part in what we are doing,” he stressed. FacebookTwitterWhatsAppEmail Related$1 Billion to be Spent on Infrastructural Projectslast_img read more

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