United States federal budget

VOLT LITHIUM SUCCESSFULLY CLOSES FINANCING RAISING $6.8 MILLION

Retrieved on: 
Friday, August 4, 2023

Calgary, Alberta, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Volt Lithium Corp. (TSXV: VLT) ("Volt" or the "Company") is pleased to announce that it has successfully raised $6.8 million under its previously announced financing (the “Offering”).

Key Points: 
  • Calgary, Alberta, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Volt Lithium Corp. (TSXV: VLT) ("Volt" or the "Company") is pleased to announce that it has successfully raised $6.8 million under its previously announced financing (the “Offering”).
  • Volt was also advised on the Offering by 3L Capital Inc.
  • Under the public offering, Volt issued 14,956,590 units ("HD Units") at a price of $0.22 per HD Unit and 11,262,500 flow-through units ("FT Units") at a price of $0.24 per FT Unit and, raising gross proceeds of approximately $6 million.
  • Through both the Offering and Concurrent Private Placement, Volt raised gross proceeds of approximately $6.8 million.

VOLT LITHIUM ANNOUNCES FILING OF PROSPECTUS SUPPLEMENT IN RESPECT OF $6 MILLION MARKETED PUBLIC OFFERING OF UNITS AND ANNOUNCES $1.2 MILLION CONCURRENT PRIVATE PLACEMENT OF UNITS

Retrieved on: 
Friday, July 28, 2023

Canaccord Genuity Corp. (“Canaccord Genuity”) are leading the Offering on behalf of a syndicate of agents including Paradigm Capital Inc. (collectively, the “Agents”).

Key Points: 
  • Canaccord Genuity Corp. (“Canaccord Genuity”) are leading the Offering on behalf of a syndicate of agents including Paradigm Capital Inc. (collectively, the “Agents”).
  • Each Warrant will entitle the holder to purchase one Common Share at an exercise price of $0.33 for 24 months following the completion of the Offering.
  • If the Over-Allotment Option is exercised in full, the aggregate gross proceeds of the Offering will be $6,900,000.
  • The aggregate gross proceeds from the Offering (assuming full exercise of the Over-Allotment Option) and the Concurrent Private Placement will be approximately $8,100,000.

goeasy Ltd. Reports Record Results for the First Quarter & Provides Updated Forecast

Retrieved on: 
Tuesday, May 9, 2023

MISSISSAUGA, Ontario, May 09, 2023 (GLOBE NEWSWIRE) -- goeasy Ltd. (TSX: GSY), (“goeasy” or the “Company”), one of Canada’s leading non-prime consumer lenders, today reported results for the first quarter ended March 31, 2023.

Key Points: 
  • During the quarter, the Company produced loan originations of $616 million, up 29% compared to $477 million originated in the first quarter of 2022.
  • At quarter end, the gross consumer loan receivable portfolio was $2.99 billion, up 39% from $2.15 billion in the first quarter of 2022.
  • Operating income for the first quarter of 2023 was a record $102 million, up 28% from $80 million in the first quarter of 2022.
  • Adjusted diluted earnings per share1 was a record $3.10, up 14% from $2.72 in the first quarter of 2022.

DGAP-News: Sectoral Asset Management: ccccc

Retrieved on: 
Monday, September 6, 2021

These initiatives reflect a shift in the government's priorities, a move from "growth first" to a balancing of growth and sustainability.

Key Points: 
  • These initiatives reflect a shift in the government's priorities, a move from "growth first" to a balancing of growth and sustainability.
  • Although at first glance this regulatory shift appears abrupt and unpredictable, it is consistent with President Xi's stated objectives.
  • Sectoral Asset Management was founded in 2000 and is exclusively focused on managing global healthcare portfolios.
  • Sectoral continuously aims to achieve supe- rior returns for our investors by concentrating on pri- mary research.

Global Email Security Solutions Industry (2020 to 2027) - Key Market Trends and Drivers - ResearchAndMarkets.com

Retrieved on: 
Monday, July 12, 2021

The "Email Security Solutions - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Email Security Solutions - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • Amid the COVID-19 crisis, the global market for Email Security Solutions estimated at US$8.8 Trillion in the year 2020, is projected to reach a revised size of US$11.2 Trillion by 2027, growing at a CAGR of 3.5% over the period 2020-2027.
  • Products, one of the segments analyzed in the report, is projected to record 3.1% CAGR and reach US$7.5 Trillion by the end of the analysis period.
  • The U.S. Market is Estimated at $2.4 Trillion, While China is Forecast to Grow at 6.4% CAGR
    The Email Security Solutions market in the U.S. is estimated at US$2.4 Trillion in the year 2020.

Fraser Institute News Release: Federal government interest costs could increase to $35 billion if costs return to 2019-20 levels

Retrieved on: 
Tuesday, June 29, 2021

VANCOUVER, British Columbia, June 29, 2021 (GLOBE NEWSWIRE) -- Federal government interest costs could increase to $35 billion in 2021-22, an increase of $13 billion, if costs return to 2019-20 levels, finds a new study released today by the Fraser Institute, an independent, non-partisan, Canadian public policy think-tank.

Key Points: 
  • VANCOUVER, British Columbia, June 29, 2021 (GLOBE NEWSWIRE) -- Federal government interest costs could increase to $35 billion in 2021-22, an increase of $13 billion, if costs return to 2019-20 levels, finds a new study released today by the Fraser Institute, an independent, non-partisan, Canadian public policy think-tank.
  • If interest costs increase, governments across Canada could see their already large budget deficits grow even larger, said Jake Fuss, senior economist at the Fraser Institute and co-author of Interest Cost Risks to Government Budgets.
  • The study answers a simple question: what would happen to government interest costs (essentially the interest paid on outstanding debt) and government budgets if interest costs returned to the near-historically low levels of 2019-20?
  • The study finds that the federal government and every provincial government (except New Brunswick) would experience an increase in interest costs in fiscal year 2021-22.

AARP Survey: Overwhelming Bipartisan Majority Oppose Social Security and Medicare Cuts to Reduce Deficit

Retrieved on: 
Wednesday, May 26, 2021

WASHINGTON, May 26, 2021 /PRNewswire/ --An AARP survey released today finds that 85% of Americans age 50+ oppose cutting Social Security and Medicare to reduce the federal budget deficit.

Key Points: 
  • WASHINGTON, May 26, 2021 /PRNewswire/ --An AARP survey released today finds that 85% of Americans age 50+ oppose cutting Social Security and Medicare to reduce the federal budget deficit.
  • The poll shows overwhelming opposition from both Republicans (88%) and Democrats (87%) on cutting Social Security benefits to pay down the deficit.
  • "Older Americans overwhelmingly oppose cutting Social Security and Medicare to reduce the deficit.
  • AARP is urging Americans to make their voices heard in support of Social Security and Medicare.

Capital Southwest Announces Financial Results for Fourth Quarter and Fiscal Year Ended March 31, 2021 and Announces Increase in Total Dividends to $0.53 per share for the Quarter Ended June 30, 2021

Retrieved on: 
Tuesday, May 25, 2021

For the quarter ended March 31, 2021, Capital Southwest reported total investment income of $17.2 million, compared to $19.0 million in the prior quarter.

Key Points: 
  • For the quarter ended March 31, 2021, Capital Southwest reported total investment income of $17.2 million, compared to $19.0 million in the prior quarter.
  • For the quarter ended March 31, 2021, total operating expenses (excluding interest expense) were $3.6 million as compared to $4.5 million in the prior quarter.
  • The increase during the quarter was due to an increase in average debt outstanding as compared to the prior quarter.
  • For the quarter ended March 31, 2021, Capital Southwest had tax expense of $0.9 million, compared to $1.5 million in the prior quarter.

Media Availability - Canada’s unions respond to Federal Budget 2021

Retrieved on: 
Monday, April 19, 2021

b'OTTAWA, April 19, 2021 (GLOBE NEWSWIRE) -- CLC President Hassan Yussuff and CLC Executive Vice-President Larry Rousseau will be available to comment once the federal budget has been tabled on April 19th.

Key Points: 
  • b'OTTAWA, April 19, 2021 (GLOBE NEWSWIRE) -- CLC President Hassan Yussuff and CLC Executive Vice-President Larry Rousseau will be available to comment once the federal budget has been tabled on April 19th.
  • Mr. Yussuff will provide comment in English and Mr. Rousseau will provide comment in French.\nCanada\xe2\x80\x99s unions have released their pre-budget submission outlining the top federal budget priorities for workers and their families.\nAmong the top priorities for Canada\xe2\x80\x99s unions are:\nfully containing the public health crisis and implementing national pharmacare;\ninvesting in the care economy; and\ngetting Canadians back to work and fully-employed in safe, decently-paid, productive and sustainable jobs.\nFor more information and to set up an interview, please contact:\n'

The Macro Challenges of Population Aging

Retrieved on: 
Wednesday, April 14, 2021

The paper, entitled The Macro Challenges of Population Aging , is the fifth in a series of issue briefs on the aging of America called The Shape of Things to Come .\n"The dramatic shift in the age structure and growth rate of the U.S. population poses a series of challenges that reach far beyond the impact on the federal budget," said Robert L. Bixby, executive director of The Concord Coalition.

Key Points: 
  • The paper, entitled The Macro Challenges of Population Aging , is the fifth in a series of issue briefs on the aging of America called The Shape of Things to Come .\n"The dramatic shift in the age structure and growth rate of the U.S. population poses a series of challenges that reach far beyond the impact on the federal budget," said Robert L. Bixby, executive director of The Concord Coalition.
  • "The aging of America could affect everything from employment and productivity growth to the nation\'s social mood and its place in the world order.
  • In this issue brief, we take a broad look at the macro implications of population aging.
  • Ensuring a positive outcome, however, will require confronting the challenges posed by population aging.