Fund sales rise in November: IFIC

Related news Canadian fund sales exceeded $23B in February Mutual fund sales slump continued in November Overall mutual fund net sales reached $468.9 million in the month, pushing year-to-date net sales to $20.1 billion, IFIC reports. Once again, long-term funds led the way, totaling net sales of $1.2 billion in the month, whereas money market funds suffered net redemptions of $710.3 million. Year-to-date, long term net sales totaled $26 billion, and money market redemptions were $5.84 billion. Overall net sales were up notably from $282.5 million for the previous month, but they were significantly below last November’s net sales of $2.51 billion. Bond funds were the top selling asset class in November, with net sales totaling $1.67 billion, compared to net sales of $1.5 billion last month. This was offset by equity fund net redemptions of $1.70 billion, up from $1.52 billion last month. Balanced fund net sales in November totaled $1.04 billion, compared to net sales of $566.9 million last month. Total mutual fund assets under management at the end of the month were $772.6 billion, compared to $773.7 billion in the previous month; a decrease of $1.05 billion, or just 0.1%. Since the beginning of the year, total mutual fund assets have decreased by just 0.75%, from $778.5 billion. Mutual fund net sales rose in November, finishing just shy of $500 million, the Investment Funds Institute of Canada said Thursday. Long-term funds continued to generate net sales in November, while money market funds remained stuck with net redemptions. Mutual fund sales outpaced ETFs in September James Langton Share this article and your comments with peers on social media Keywords Fund salesCompanies Investment Funds Institute of Canada Facebook LinkedIn Twitter read more

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Support Extended For Victorian Businesses

first_imgSupport Extended For Victorian Businesses VIC PremierThe Victorian Government will double existing support payments for businesses affected by the extension of the circuit-breaker restrictions.Victorians are joining together and keeping their doors closed to safeguard the community and the economy in the long run – we appreciate the efforts and sacrifices being made across the state and recognise the real cost of this action for businesses.Building on the $250.7 million support package announced last Sunday, a new allocation of up to $209.3 million will flow to small and medium-sized businesses, taking the total support package to $460 million.Up to 90,000 businesses will benefit from the original support. About 70,000 of these businesses located in metropolitan Melbourne will be affected by the extension of restrictions beyond Thursday 3 June and will be eligible for the new support.Business Costs Assistance Program grants of $2,500 for eligible businesses directly affected by the industry restrictions, including restaurants and cafes, event suppliers, accommodation providers and non-essential retailers, will be doubled to $5,000 for eligible businesses in metropolitan Melbourne.Regional businesses that are unable to open due to ongoing restrictions, such as nightclubs and amusement parks, will also be eligible for the extension payment. Metropolitan businesses that will have restrictions eased from Friday will not be eligible for the extension payment.Licensed Hospitality Venue Fund grants of $3,500 for businesses holding an eligible liquor licence and food certificate will be doubled to $7,000 for eligible businesses in metropolitan Melbourne.Applications are scheduled to open on Thursday 3 June 2021 – including for regional businesses applying under the original package – and will be open until 11.59pm on Thursday, 24 June 2021. Businesses will only need to fill one application.The extra allocations take the support for the Business Costs Assistance Program to $370 million and the Licensed Hospitality Venue Fund to $70 million. Details on the $20 million Events Support Package for operators in the events industry who have incurred losses due to restrictions will be provided shortly.The Victorian Government has renewed its request for JobKeeper support for workers from the Commonwealth Government.Businesses can register their interest in the Business Costs Assistance Program at business.vic.gov.au and will be notified when applications open. Businesses eligible for the Licensed Hospitality Venue Fund payment will be emailed directly by Business Victoria with a link to their grant application form.As stated by Acting Premier James Merlino “Our decisions are guided by the advice of the Chief Health Officer to protect the health and wellbeing of Victorians – as they have been throughout the pandemic.”“This is hard for everyone and this extra support means businesses can be in a position to recover strongly once their doors reopen.”As stated by Treasurer Tim Pallas“We are standing with Victorian businesses and workers – providing them with the support they need to get through this challenging time.”As stated by Minister for Industry Support and Recovery Martin Pakula“Industry and business have been magnificent contributors to our efforts to combat this virus and they continue to play a leading role.” As stated by Minister for Small Business Jaala Pulford“We know businesses that are currently closed will be counting the days until they can re-open. The efforts of our small business community have been heroic, and we are proud to support them.” /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, building, business, commonwealth, community, Economy, Government, health, industry, JobKeeper, Melbourne, Minister, pandemic, Premier, Small Business, Victoria, wellbeinglast_img read more

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1,751-car Subaru parade sets new Guinness record during pandemic

first_img 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 Subiefest is an annual gathering of Subaru owners and fans of the vehicle brand, and this year, despite the pandemic, over 1,700 Subie enthusiasts decided to gather to idle around a parking lot, and set a world record.Usually when Subarus are gathered in a parking lot, they’re busy steering through the cones of an autocross course, but this time they weren’t going quick enough to hit any apexes, and instead set a record for the world’s longest Subaru train.Some 1,751 cars were organized into a giant queue of Subaru vehicles, ranging from new WRX STIs to vintage metal such as a 1980 Subaru GL. Previously, the record for the largest Subaru parade was a 549-vehicle line in Moscow, Russia. advertisement First Look: 2022 Lexus NX The sport-cute’s looks have been softened, but its powertrains and infotainment offerings have been sharpened COMMENTSSHARE YOUR THOUGHTS We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. Trending in Canada Trending Videoscenter_img See More Videos Subscribe to Plugged In on Apple Podcasts, Spotify, Stitcher, and Google Podcasts. RELATED TAGSSubaruNon-LuxuryNew VehiclesInstagramNon-Luxury The Rolls-Royce Boat Tail may be the most expensive new car ever There have been larger gatherings of vehicles than this Subaru meet that have made it into the record books — 2,325 Porsches formed a parade in Germany in 2008; and there was a 2,728-strong line of original air-cooled Beetles in Brazil organized in 1995.The parade was for more than just fun and games. This time, the event organizers decided to ask participants to make a donation to Feeding America instead of selling tickets. The event raised enough money to provide 241,800 meals. The charity made up an additional 258,200 meals to bring the total to 500,000. We’d get in line for that, too.LISTEN: This week on our Plugged In podcast, we talk all things Polestar with North American boss ‹ Previous Next ›last_img read more

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Prowein Business Report 2020 Available Now

first_imgReddIt Home Industry News Releases Prowein Business Report 2020 Available NowIndustry News ReleasesWine BusinessProwein Business Report 2020 Available NowBy Press Release – December 15, 2020 330 0 TAGSProWein Share Facebook Linkedin Email Twitter Pinterest AdvertisementOn behalf of ProWein (International Trade Fair for Wines and Spirits), the Geisenheim University (Germany) surveyed experts from 49 countries at the end of 2020, covering the entire value chain of the wine industry. This year’s survey focused on the effects of COVID-19 on the global wine industry.December 15 – According to Prof. Simone Loose, Director of the Institute for Wine and Beverage Research at the University of Geisenheim, the ProWein Business Report is the first report worldwide to quantify the global impact of Covid-19 on the different areas of the wine sector and to measure the expectations for the necessary future direction of the wine industry. “The extraordinary importance of the Covid-19 topic for the wine industry is demonstrated by the very high participation rate of international experts, doubling to almost 3,500 participants compared to previous years,” says Bastian Mingers, Project Director of ProWein. This underlines the informative value of the current Business Report. “Everyone in the industry has a high interest in comparing with others the effects they experienced for their business. At the same time, all businesses are looking for solutions  and possible strategies to get out of the crisis. SummaryThe Covid-19 pandemic and the resulting decline of the economic situation are the most acute threats to the wine industry, which are suppressing other challenges such as health policy, climate change and the international trade war. Hotel and restaurant closures caused by the pandemic have led to a global disruption of wine distribution channels. Food retailing and online trading, and to some extent the specialist wine trade, have benefited from these shifts in many countries. However, the lack of foreign tourists caused by Covid-19 led to a sharp drop in local wine consumption in many wine-growing countries.The impact of the Covid-19 crisis on wine producers varied depending on their sales focus. Smaller wineries were particularly affected by the closures of restaurants and hotels and the lack of tourists. The simultaneous global impact of the pandemic also led to a global decline in wine exports, especially to countries with a high proportion of wine consumption at social events and in restaurants. The industry expects only a very slow recovery of tourism and exports and anticipates a further deterioration of the economic situation in 2021.For the majority of wine producers in Spain, France and Italy, several of their strongest sales channels, in terms of value and volume, have been negatively affected at the same time. These effects, by far, could not be compensated by increases in online sales.In response to the pandemic, both retailers and producers intensified their online communication, opened online shops, conducted online tastings and offered delivery services. This digital transformation of the wine industry, which was greatly accelerated by Covid-19, will continue in the future, according to the experts.Cost reductions and government aid programs have so far been able to avert extensive job losses and plant closures. However, the experts expect the industry to consolidate and become increasingly concentrated as the pandemic progresses and some businesses are forced to close down. In the future, companies will also strive for greater diversification across different sales channels and markets in order to spread their risk more effectively. For example, producers are trying to switch mainly to direct customer business and food retailing, which will further intensify competition in these channels in the future. It is feared that cost reductions and postponed investments will also slow down the adaptation of the wine sector to climate change and the improvement of environmental sustainability.Although many consumers have indulged in wine during the pandemic, experts expect that the economic consequences of Covid-19 will lead to more price-sensitive consumers and lower sales of premium wines in the future. In contrast, global sales of wine as a whole are expected to recover for the most part after Covid-19.Current challenges of the wine industryCovid-19 and the economic situation are currently the main threats to the wine sectorThe effects of the Covid-19 crisis and the expected negative impact on the global economic situation are by far the most important challenges facing the wine industry this year. Compared to last year, the threat of climate change and health policy have receded somewhat into the background due to the acute threat of the pandemic but are still considered important.Covid-19 causes disruption in wine distribution channels Covid-19 restrictions change sales of wineAs a result of global restrictions, the Covid-19 crisis has led to an abrupt change in the purchasing behavior of consumers. In many countries there have been extensive closures and restrictions in the restaurant and hotel industry. International tourism, which is of immense importance for sales in countries such as Spain, France and Italy also came to a virtual standstill. In return, consumers were more dependent than before on buying their wine at food retailers or online.Closure and restriction of HoReCaThe restrictions imposed by Covid-19 mainly affected restaurants and hotels, 77% of which, according to the results of the survey, had to close down at least temporarily. The hygiene measures imposed led to higher operating costs, restrictions in the services offered, lower occupancy rates and declining turnover for more than 60% of the restaurants and hotels. The whole sector suffered and still suffers from the almost complete cancellation of private and public events and festivities.Compared to restaurants and hotels, the wine trade was much less affected, with only 25% of businesses having to close and/or suffering a loss of turnover. On the other side, 38% of wine retailers reported increased sales since March 2020.Economic consequences for HoReCaHotels and restaurants have been hit hardest economically by the closures, hygiene measures and the lack of tourism. For about 80% of the businesses, the economic situation has deteriorated due to Covid-19, 30% of which deteriorated very strongly. Starting from a positive level in 2019, the economic situation of hotels and restaurants has thus fallen drastically to the most negative value of all examined sectors of the wine industry. In contrast, the current economic situation of the specialist wine trade is the most positive of all sectors, even if it is declining compared to the previous year. Wholesalers and importers lie between the two extremes with a significant decline but largely satisfactory economic situation.Economic consequences for wine producersOverall, the majority of international wine producers were negatively affected by the Covid-19 related changes in sales volumes. Through their listing in the food retail trade, larger producers in particular, such as wineries and cooperatives, were able to compensate for part of their losses. Nevertheless, almost 60% of the businesses reported economic losses due to Covid-19. 70% of the smaller wineries, which depend even more on wine tourism and gastronomy, have seen their economic situation deteriorate due to Covid-19. Even though the wine producers have increased their sales via online channels, these were based on a very low starting level and for most of the wineries they, by far, could not compensate the losses from the important sales channels of gastronomy, export and wine tourism. Mediterranean wine producers in particular lack easy access to consumers in Central and Northern Europe due to the regulation of intra-European online trade in wine.Exports down due to global impact of the pandemicDue to the global scale of the pandemic, sales channels have shifted virtually simultaneously in all wine markets of the world. As a result, there was a strong negative feedback loop on wine exports from the three main producing countries, with France and Spain already affected by additional import tariffs to the U.S. since October 2019. Italy’s export loss was smaller due to the exemption from the import duties.Besides the U.S., import markets such as China and Hong Kong were particularly affected by the declines. There, private wine consumption is still relatively low and wine is consumed mainly on special social occasions, which no longer took place due to Covid-19. Exports to countries such as the Netherlands or Switzerland, where wine plays an important role in the gastronomy sector, also declined in 2020. The prospects for a recovery in exports in 2021 are modest.Reactions from businessesOnline communication is boomingAs a result of the crisis, both producers and retailers completely realigned their marketing with a very strong focus on all online channels. 60% of the wine producers and about 50% of the retailers as well as hotels and restaurants intensified the communication with their customers via social media (Facebook, Instagram etc.). Every third wine retailer placed online advertisements. Almost every fourth winery and every fifth wine retailer conducted online tastings to reach their clients and customers during the lockdown. Likewise, every fourth winery and every tenth wine retailer opened a new, company-owned online store.Wine producers focused on direct consumers and looked for new sales channelsSales to direct customers could be increased for 44% of wine producers – specifically through special offers with discounts (46%) and increased customer activation via newsletters (40%). Every fourth wine producer tried to profit from the sales increases in the food trade and online trade by negotiating new listings there.Delivery service as the safe means of the hourAccording to the motto “if the consumer can’t come to the wine, then the wine comes to the consumer”, every second wine retailer, every third restaurant and every fourth wine producer offered a delivery service for their products. This enabled a contactless and safe delivery of the goods without wine consumers having to leave their homes. For restaurants, however, this delivery service was only able to compensate for a fraction of the revenue, as the ambience, flair and service of a restaurant visit cannot be delivered to the customer’s home.Cost reduction necessary and public aid programs used80% of the businesses negatively affected by the crisis had to reduce their expenses and costs in order to survive economically. Half of the businesses postponed planned innovations and investments. Four out of ten companies used public aid programs, also to be able to continue paying employees. One in five producers was forced to lay off employees. One in ten producers surveyed took part in crisis distillation, which was intended to remove excess quantities from the market in many countries (except for countries such as Germany where crisis distillation was not permitted). Across Europe, around 10 million hectoliters (more than one German annual harvest) were stored or distilled as part of the crisis measures authorized by the European Union.Change in consumer behaviorConsumers spoiled themselves with wineDuring the lockdown, retailers observed a higher willingness to spend money among consumers, who for instance treated themselves to a special wine as compensation for their cancelled trip abroad. Due to the fact that many consumers spent their vacation at home this year, they also turned more often to local and regional wines. The demand for sparkling wine suffered particularly from the lack of social occasions and celebrations where it is usually drunk.  More price-sensitive customers expected in the futureThe expected negative economic effects of the Covid-19 crisis will also weigh on consumers’ disposable income in the future. The wine trade therefore expects wine buyers to be more price-sensitive in the future, but at the same time hopes for an increase in demand for regional and sustainably produced wines.Only slow recovery of gastronomy and exports expectedExperts unanimously expect a slow recovery for the restaurant and hotel industry. The majority expect further restraint and caution on the part of tourists even after the crisis, and only one in three hopes for a rapid and strong increase. Therefore, hotels, restaurants and their wine suppliers still require a great deal of persistence to bridge this phase and survive economically. Every third expert is optimistic and expects a complete recovery of wine sales in the gastronomy sector after Covid-19, which also offers opportunities for new innovative business concepts.Demand from the wine trade slightly lowerFour out of ten purchasers from the specialist wine trade, gastronomy and hotel industry intend to list and purchase new wines from new producers in 2021. On the other hand, one in three trade businesses feels compelled to buy less wine next year due to necessary cost savings and reduction of tied capital.Expectations for the futureSustained effect of shift in sales channels expectedThe experts agree that online trade in wine will continue to play a very strong role after the pandemic. Similarly, respondents believe that wine sales via food retailers will emerge stronger from the crisis. One in three also expects premium wines to be sold via food retailers in the future.Future demand for wine expected to be slightly below the previous levelFor the post-Covid-19 period, one in seven experts expects a recovery in demand for wine to the previous level. The proportion of respondents who expect an incomplete recovery is slightly higher than the proportion who expect wine demand to increase. The wine trade, with its focus on Central Europe, is slightly more optimistic than wine producers with their focus on Southern Europe. Wine producers from Germany and the New World, as well as wine retailers, expect demand for premium wines to be stronger after the crisis than before it. The expectations of wine producers from Southern Europe for premium wine are rather subdued.Future strategic adjustment of the wine sectorDigital transformation of the wine industry acceleratingCompanies from all parts of the wine value chain agree that digitization will play a much stronger role in the wine industry. Even though there are still legal hurdles in cross-border online sales between EU countries, two out of three experts agree that in the future producers will focus more on their direct digital marketing. Also, 56% of retailers plan to increase their spending on digital marketing and more than one in three want to invest in new ways to reach their customers more effectively (digitally). In addition, the advancement of digitalization in wine production will continue to accelerate and experts agree that the Covid-19 crisis is unlikely to slow down this process.Covid-19 accelerates structural change and diversificationIn the view of the experts surveyed, the sudden collapse of important sales channels and export markets is likely to result in wine producers having to diversify more to reduce their dependence and the risk of individual channels and markets. This will only be possible through further business growth or partnerships that allow further specialization in the sales area and ensure the necessary sales volume. Two out of three producers surveyed expect the Covid-19 crisis to have such a negative impact on the industry that some of the producers will not survive economically. This will lead to a further acceleration of the ongoing structural change, which will result in fewer but larger businesses.Covid-19 slows down sustainability movement in the industryThe last ProWein Business Report 2019 showed that escalating climate change has led to a growing commitment to sustainability in the wine sector. However, the majority of measures to protect the environment require investments by the businesses. Covid-19 has already led to the postponement of investments and has attacked the economic substance of many businesses necessary for measures to increase sustainability. Three out of ten experts therefore fear that producers will not be able to increase their environmental sustainability and adapt to climate change as quickly as necessary.The study was conducted on behalf of ProWein by the Department of Wine and Beverage Business at Geisenheim University headed by Prof. Dr. Simone Loose and her team. ProWein and Geisenheim University look forward to continuing the success of the ProWein Business Report over the coming years. By publishing this report ProWein provides the wine industry with a unique market barometer for a long-term sample period and addresses key issues in the industry with annual focus themes. We thank everyone who participated in the survey and hope for continued active participation of wine producers and marketers going forward.COVID-19 is the biggest challenge for the global wine industryThe pandemic causes disruption of distribution channelsHotels, restaurants and exports hit particularly hardOnly slow recovery expected, further losses in 2021Digitization and structural change are acceleratingAdvertisement Previous articleFox Creek Wines in McLaren Vale Purchased by Great MatesNext articleWing & Barrel Ranch Memberships Finalize as Stunning Multiuse Clubhouse Nears Completion Press Releaselast_img read more

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St. Elizabeth farmers receive more help from Alpart

first_imgRelatedSt. Elizabeth farmers receive more help from Alpart RelatedSt. Elizabeth farmers receive more help from Alpart FacebookTwitterWhatsAppEmail MANDEVILLE — As part of ongoing efforts to cushion the effects of the temporary cessation in bauxite mining, mining company Alpart, and its community council is providing $3 million in agricultural assistance to farmers in St. Elizabeth. At the handing over ceremony held on April 18, at the Alpart Sport Club, in Nain, in the parish, the farmers received 450 vouchers valued at $2.7 million, from Alpart, while the Alpart Community Council gave 45 spray pumps valued at $300,000. “The Council has decided to implement a revolving spray pump system in our communities. The pumps will be available to all bonafide farmers in their respective communities and will be used on a scheduled basis,” explained Administrator of the Alpart Community Council, Camilla Blake. “For example, if there are 20 farmers in Nain, all these farmers will have access to the pumps… logistics in terms of who get the pumps when and for how long will be worked out and managed by our representatives. This programme will complement Alpart’s stimulus programme, and agricultural development is critical in safeguarding our ability to feed ourselves,” Miss Blake added. Guest speaker at the ceremony and Chief Technical Director at the Ministry of Agriculture, Dr. Marc Panton, said he was pleased with the work of the Community Council, and the spirit of the residents. He said the donations will further boost their effort to engage in best practices. “What we see is a community willing to volunteer, give their time, work together and drive their own development. It says there is opportunity to develop, to grow and to increase your efficiency and become better farmers,” Dr. Panton stated. By GARFIELD L. ANGUS, JIS REGIONAL OFFICE RelatedSt. Elizabeth farmers receive more help from Alpart St. Elizabeth farmers receive more help from Alpart AgricultureApril 26, 2011 Advertisementslast_img read more

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Donegal Cllr says reoffending criminals should be sentenced to ‘hard labour’

first_img Pinterest Gardai continue to investigate Kilmacrennan fire Google+ 365 additional cases of Covid-19 in Republic Pinterest Donegal Cllr says reoffending criminals should be sentenced to ‘hard labour’ RELATED ARTICLESMORE FROM AUTHOR Further drop in people receiving PUP in Donegal Google+ Facebook WhatsApp Twittercenter_img A Donegal County Councillor has said that re-offending criminals should be sentenced to ‘hard labour’.Councillor Patrick McGowen says that simply sending reoffenders to prison for a few weeks or months doesn’t work.He says people are being robbed and terrorised in their homes across Donegal, often by people who have already been jailed for such offences.Councillor McGowan says the current system isn’t working and its time to get tough on criminals:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2014/07/pmg.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Twitter Previous articleYoung Donegal man dies in TorremolinosNext articleUpdate: Young Killybegs man who died on Holiday in Spain named News Highland Facebook Main Evening News, Sport and Obituaries Tuesday May 25th By News Highland – July 4, 2014 Man arrested on suspicion of drugs and criminal property offences in Derry WhatsApp 75 positive cases of Covid confirmed in North Newslast_img read more

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Canadian Eventers Crowd the Leaderboard at The Fork and Chattahoochee Hills

first_img Horse Sport Enews SIGN UP Subscribe to the Horse Sport newsletter and get an exclusive bonus digital edition! Email* We’ll send you our regular newsletter and include you in our monthly giveaways. PLUS, you’ll receive our exclusive Rider Fitness digital edition with 15 exercises for more effective riding. Canadian athletes made a strong statement with multiple top-10 placings at The Fork & 2018 FEI World Equestrian Games (WEG) Eventing Test Event in Mill Spring, NC, on April 6-8, 2018, as well as at the Chattahoochee Hills Horse Trials in Fairburn, GA, on April 7-8.The WEG Test Event provided the Canadian Equestrian Team athletes with the opportunity to get a feel for the grounds, rings and courses at the Tryon International Equestrian Center (TIEC), which will host WEG in September 2018.Lisa Marie Fergusson of Langley, BC was the top-ranked Canadian in the CIC 3* division of the WEG Test Event. She placed 11th with Honor Me, her 12-year-old Welsh Sport Horse gelding sired by Brynarian Brenin, known affectionately as ‘Tali’. On April 6, Fergusson and Tali started off in 23rd place with a dressage score of 34.70 penalties. The following day, they catapulted to 10th in the standings after executing a clear cross-country round with just two time penalties. Fergusson and Tali completed the event on a score of 43.50 after the show jumping phase, in which they incurred two penalty points.A strong Canadian contingent followed Fergusson’s lead: Jessica Phoenix of Cannington, ON placed 12th with 44.80 on Amara Hoppner’s 11-year-old Thoroughbred gelding, Bogue Sound, Colleen Loach of Dunham, QC placed 13th with 45.50 on Peter Barry’s 14-year-old Selle Français gelding, Qorry Blue D’Argouges, and Phoenix also placed 14th (46.20 penalties) on her veteran major games partner, Pavarotti (Pavarotti Van De Helle x Foxiland), Don J. Good’s 16-year-old Westphalian gelding.In the CIC 2* division, Dasha Ivandaeva of Newmarket, ON earned eighth place on Daria Ivandaeva’s 16-year-old Polish Warmblood gelding, Autorytet (Banita x Askar). The duo started in 14th place with a score of 38.30 penalties after dressage, but improved in the cross-country and show jumping rounds to rise to eighth with a final score of 61.50.Loach racked up top 10 placings in the CIC 1* division riding a triple-threat string of horses. She nabbed fourth riding Foreign Quality (Warrant x Calvados), a seven-year-old Dutch Warmblood gelding owned by Peter Barry and known around the barn as ‘Badger’. The pair began in ninth place after incurring 31.60 penalties in the dressage test. They only added one time penalty to climb to fifth after show jumping, and 4.40 time penalties after a clear jumping effort cross-country to end in fourth on a score of 37.00.Loach also stayed in the top 10 throughout all three phases on Barry’s six-year-old Hanoverian gelding, Vermont (Van Helsing x Heraldik XX), on whom she scored 41.70 to finish in seventh place. She placed ninth with her own six-year-old Hanoverian gelding, FE Golden Eye (Goldfever x Contendro I), finishing on a score of 46.50 penalties.“I am very lucky to have such a talented string of young horses coming up behind Qorry,” said Loach of her CIC 1* mounts. “Badger, Vermont and FE Golden Eye are improving every time out, and it is a pleasure to see them learn and evolve. I am very grateful for all of the support I receive from Peter and Susan Barry, Mandy Bernhard and my parents, and I look forward to the future with these youngsters.”Loach was joined in the CIC 1* top 10 by Bradley Champagne of Guelph, ON, who captured 10th place with a score of 58.20 penalties on his 10-year-old Thoroughbred/Warmblood gelding, Wallaroo W, sired by Staccatto.Success at Chattahoochee HillsCanadian athletes also saw success at the Chattahoochee Hills Horse Trials. Holly Jacks-Smither of Orangeville, ON was the top-placed Canadian in the CIC 3* division, capturing seventh place on More Inspiration, a 13-year-old Thoroughbred gelding sired by Inspired Prospect that she co-owns with her husband, Bruce Smither. The pair held on to ninth place throughout the dressage and jumping phases, but jumped clear on cross-country, and added just 8.80 time penalties, pushing them to a seventh place finish on a final score of 47.40.Hawley Bennett-Awad of Aldergrove, BC was right behind Jacks-Smither in eighth place, scoring 51.50 on her 14-year-old British Sport Horse mare, Jollybo (Jumbo x Danzig Connection). Kyle Carter, a Canadian who resides in Sparr, FL, scored 51.50 for ninth place on FR’s Trust Fund (Ringfort Tinkatoo x Head of the River), the 12-year-old Dutch Warmblood/Thoroughbred gelding he co-owns with Jennifer and Riley Carter.In the CIC 2* division, Shelby Brost of Red Deer, AB climbed to fifth place on her 15-year-old Thoroughbred mare, Crimson (Etta x Cojak). After starting out in 10th with 37.20 penalties in dressage, she rode a foot-perfect show jumping round and added just 8.40 time penalties cross-country rounds to finish up with a total of 44.80.Carter followed in eighth place, scoring 58.80 on Sumas Cooley, the seven-year-old Irish Sport Horse gelding he co-owns with Jennifer Carter.For more information and full results from the Chattahoochee Hills April Horse Trials, visit www.chatthillseventing.com. For full results from The Fork FEI Eventing WEG Test Event, click here.The Fork FEI Eventing WEG Test Event – Top 20 Canadian ResultsCIC 3*Placing / Athlete / Horse / Owner / Final Score11th / Lisa Marie Fergusson / Honor Me / Lisa Marie Fergusson / 43.5012th / Jessica Phoenix / Bogue Sound / Amara Hoppner / 44.8013th / Colleen Loach / Qorry Blue D’Argouges / Peter Barry / 45.4014th / Jessica Phoenix / Pavarotti / Don J. Good / 46.2018th / Karl Slezak / Fernhill Wishes / Kirk Hoppner & Karl Slezak / 48.20CIC 2*Placing / Athlete / Horse / Owner / Final Score8th / Dasha Ivandaeva / Autorytet / Daria Ivandaeva / 61.50CIC 1*Placing / Athlete / Horse / Owner / Final Score4th / Colleen Loach / Foreign Quality / Peter Barry / 37.007th / Colleen Loach / Vermont / Peter Barry / 41.709th / Colleen Loach / FE Golden Eye / Colleen Loach / 46.5010th / Bradley Champagne / Wallaroo W / Bradley Champagne / 58.2015th / Dasha Ivandaeva / Valentina / Dasha Ivandaeva / 87.00Chattahoochee Hills April Horse Trials – Top 20 Canadian ResultsCIC 3*Placing / Athlete / Horse / Owner / Final Score7th / Holly Jacks-Smither / More Inspiration / Bruce Smither & Holly Jacks-Smither / 47.408th / Hawley Bennett-Awad / Jollybo / Hawley Bennett-Awad / 51.509th / Kyle Carter / FR’s Trust Fund / Kyle, Jennifer & Riley Carter / 51.50CIC 2*Placing / Athlete / Horse / Owner / Final Score5th / Shelby Brost / Crimson / Shelby Brost / 44.808th / Kyle Carter / Sumas Cooley / Kyle & Jennifer Carter / 58.80 Tags: Lisa Marie Fergusson, Honor Me, 2018 World Equestrian Games, Chattahoochee Hills Horse Trials, More Inspiration, 2018 WEG Eventing, The Fork WEG Eventing Test Event, Holly Jacks-Smithe, More from Horse Sport:Christilot Boylen Retires From Team SportAfter an exemplary career as one of Canada’s top Dressage riders, seven-time Olympian Christilot Boylen has announced her retirement from team competition.2020 Royal Agricultural Winter Fair CancelledFor only the second time in its history, The Royal Agricultural Winter Fair has been cancelled but plans are being made for some virtual competitions.Royal Agricultural Winter Fair Statement on 2020 EventAs the Province of Ontario starts to reopen, The Royal’s Board and staff will adhere to all recommendations put forward by government and health officials.Government Financial Assistance for Ontario FarmersOntario Equestrian has recently released this update of several financial assistance packages available, including those for farm business.last_img read more

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Kyle Busch grabs top spot in final New Hampshire practice

first_imgRELATED: Final practice results | Truex on pole | Weekend scheduleKyle Busch secured the top spot in final Monster Energy NASCAR Cup Series practice Saturday at New Hampshire Motor Speedway.Busch, a two-time New Hampshire winner, clocked a fast lap of 130.950 mph around the 1.058-mile track. Busch’s Joe Gibbs Racing No. 18 Toyota is scheduled to start seventh in Sunday’s Overton’s 301 (3 p.m. ET, NBCSN, PRN, SiriusXM NASCAR Radio).Martin Truex Jr. and Denny Hamlin tied for second on the leaderboard, posting identical speeds of 130.568 mph. Truex’s Furniture Row Racing No. 78 Toyota will lead the 39-car field to green after claiming the Coors Light Pole in Friday qualifying. Hamlin’s speed came in a back-up car, unloaded after his primary car was damaged in a crash in opening practice.Kyle Larson landed the fourth-fastest spot in final practice at 130.514 mph in the Chip Ganassi Racing No. 42 Chevrolet. Larson will start last in Sunday’s 301-lapper after his apparent pole-winning qualifying speed was disallowed Friday.Chase Elliott completed the top five, just ahead of Hendrick Motorsports teammate Jimmie Johnson in the 55-minute final tune-up.Aric Almirola, set to make his first start after a seven-race absence because of injury, was 21st-fastest in the Richard Petty Motorsports No. 43 Ford. Almirola has been sidelined since suffering a broken back in a May 13 crash at Kansas Speedway.Seven teams had time deducted from Saturday’s final practice for either failing pre-race inspection last week at Kentucky Speedway or pre-qualifying inspection Friday at New Hampshire — or both. The following teams were held for 15 minutes:Stewart-Haas Racing No. 4 Ford of Kevin HarvickHendrick Motorsports No. 24 Chevrolet of Chase ElliottHendrick Motorsports No. 88 Chevrolet of Dale Earnhardt Jr.The following teams were docked 30 minutes of time in final practice:Stewart-Haas Racing No. 14 Ford of Clint BowyerChip Ganassi Racing No. 42 Chevrolet of Kyle LarsonFurniture Row Racing No. 77 Toyota of Erik JonesCircle Sport/The Motorsports Group No. 33 Chevrolet of Jeffrey EarnhardtTruex tops in Saturday early practiceRELATED: Practice 2 results | Best 10-lap timesCoors Light Pole winner Martin Truex Jr. backed up his show of speed Saturday morning in the second Monster Energy NASCAR Cup Series practice at New Hampshire Motor Speedway.Truex, the series’ points leader, registered the fastest lap in the 55-minute session, driving the Furniture Row Racing No. 78 Toyota to a 131.338 mph speed. He’ll start first in Sunday’s Overton’s 301 (3 p.m. ET, NBCSN, PRN, SiriusXM NASCAR Radio) on the 1.058-mile track.Kyle Larson, second to Truex in the standings, was also second to Truex on the practice leaderboard, just .001 seconds back at 131.333 mph in the Chip Ganassi Racing No. 42 Chevrolet. Larson had initially taken first place in Friday’s qualifying, but his speed was disallowed after his car failed post-qualifying inspection for an unapproved rear decklid fin.Jimmie Johnson was third-fastest in the Hendrick Motorsports No. 48 Chevrolet at 131.184 mph, just ahead of his teammate Chase Elliott in fourth (131.162). Brad Keselowski rounded out the top five (131.071) in the Team Penske No. 2 Ford.Aric Almirola, in the midst of his first race weekend since breaking his back in a May 13 crash at Kansas, was 25th-fastest in the Richard Petty Motorsports No. 43 Ford.Teams experimented with different racing grooves after track workers re-applied the PJ1 traction agent in the turns. Officials added to the bottom lane and then extended the top lane with a four-foot wide strip of the traction compound before Saturday’s on-track activity.last_img read more

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Jerry Garcia Alligator Guitar, Other Items Owned By His Estate Go Up For Auction

first_imgJerry Garcia‘s famed Alligator custom Fender Stratocaster guitar is going up for auction. The guitar is one of several items from the late Grateful Dead guitarist that will be auctioned off by Bonhams at the upcoming “Alligator! A San Franciso Rock Star’s Guitars, Art & More” event, set to take place on December 10th in Los Angeles.Jerry Garcia used Alligator as his main guitar from mid-1971 to mid-1973, was originally purchased by Graham Nash in 1970 from a pawn shop in Phoenix and gifted to Jerry. According to an article published on Fender.com, Alligator underwent many modifications. “The Dead were gear obsessives from the start,” explains Fender.com, ” And their innovations in live sound would come to transform the industry. By the time Nash gifted Garcia with the Strat, the band had spun off their own instrument and gear-building auxiliary company, the still-operational Alembic. With guidance by Dead sound guru and former LSD chemist Owsley Stanley, the technicians at Alembic experimented constantly, and Garcia’s Strat found itself on the Alembic workbench numerous times.”JerryGarcia.com notes that Jerry last played the guitar on-stage at Roosevelt Stadium in Jersey City, New Jersey on August 1st, 1973 and that Alligator is currently owned by the Jerry Garcia Estate.Related: A Brief History Of Jerry Garcia’s Five Most Well-Known GuitarsAnother Jerry Garcia guitar featured in the auction is a Martin D-28 acoustic Garcia used during the multi-band Festival Express tour of Canada in 1970. Garcia’s classic comic book collection is also included in the auction, split up into multiple lots. Other items include Jerry’s collection of Mad magazines, as well as amplifiers, test pressings of an Aoxomoxoa remix and Workingman’s Dead, gold records, a set of typed lyrics for “Passenger” with annotations by Garcia, and a signed picture of Larry Bird.More details on all items going up for auction can be found here.[H/T JamBase]last_img read more

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Stint with FDNY ‘A Proving Ground’ for West Point Cadets Preparing for Battlefield Deployments

first_imgThe ride-alongs are part of Zederbaum’s rapid-fire class, which crams about 170 hours of instruction into several weeks. Zederbaum said the exercise was intended to give cadets the necessary experience to be certified as EMTs, plus a clinical awareness of injuries they may see on the battlefield. The cadets can perform CPR and other procedures, but they’re not allowed to stick anyone with a needle. “This place is a proving ground,” said Benjamin Zederbaum, who runs the recently established cadet medical intensive training course at West Point. “It’s trial by fire. There’s drama here. This is a tough town.” “It’s a perfect fit,” said John Peruggia, chief of the Fire Department’s Emergency Medical Service Command. “We have many difficult and challenging assignments every day. We wanted to give them some practical exposure.” It turned out the man had only a bad cut on a lip. More than three dozen cadets hit city streets Saturday for a double shift with the Fire Department’s emergency medical technicians, who handle everything from traffic accidents to construction crane collapses. NEW YORK — Before they hit the battlefields of Iraq and Afghanistan, West Point cadets have gotten a taste of chaos, New York City style.center_img Cadet Zachary West, 18, saw trauma on his first call. He was a little rattled when he saw a man covered in blood, but pulled himself together and immediately helped, following instructions from an EMT. Last month, cadets on a similar training stint delivered a baby and performed CPR on seven people, saving two of them. If cadets see injuries on deployments, “at least it won’t be the first time,” said Fire Department Capt. John Wieland. Peruggia said FDNY will answer about 1.5 million calls this year. About 500,000 to 600,000 of those calls are categorized as immediately or potentially life-threatening. “It was intense,” said Cadet Emily, 23, who was unable to revive a 62-year-old woman who had no pulse. “When the time comes, I won’t be bogged down by fear.”last_img read more

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