Vance

• Each Fund expects to commence a tender offer on or about September 26, 2023, with the expiration of the tender offer currently anticipated to be on or about October 25, 2023 (each, a “Tender Offer,” and, together, the “Tender Offers”).
• If the number of common shares tendered for a Fund exceeds the maximum amount of the Fund’s Tender Offer, the Fund will purchase shares from tendering shareholders on a pro-rata basis (disregarding fractional common shares).
• Accordingly, there is no assurance that a Fund will purchase all of a shareholder’s common shares tendered in the Fund’s Tender Offer.
• A Fund may determine not to accept shares tendered in the Tender Offer under various circumstances, as will be set forth in the offering materials.

• Since the implementation of the Canada-United States Free Trade Agreement in 1988, both Liberal and Conservative governments have pursued and continue to pursue more free-trade zones with additional partners in Europe, the Americas and the Pacific Rim.
• Economic and social criticisms of free trade, particularly from more left-wing positions, are well-established and longstanding.

Conservative shift

• They also reflect not so much an economic critique as they do a preoccupation with social and cultural policy.
• In fact, these criticisms are tied to many of the broader transformations that are beginning to characterize contemporary conservative politics.
• Modern-day conservative enthusiasm for free trade consolidated in the 1980s as a component of a broader shift to neoliberalism that, while felt across the political spectrum, was particularly pronounced for the right.

Class divisions

• Vance and Josh Hawley — have developed a more comprehensive form of opposition.
• Vance has criticized free trade for empowering a cosmopolitan, socially progressive urban class at the expense of the average American worker.
• Shut out of wage and labour mobility, he says these working-class Americans are unable to establish a base of financial independence necessary for thriving communities.
• Read more:
  The two key issues on the table to bring Canada back into NAFTA

Canada’s conservative history

• But recent federal Conservative leaders, while generally supportive of further trade liberalization, have alluded to changing their thinking on trade and foreign policy.
• Former Conservative Party of Canada leader Erin O’Toole, for example, broadly referred to a “Canada First” approach that emphasized greater industrial self-sufficiency along with skepticism towards China.
• John A. Macdonald’s national policy, as pursued by Conservative governments throughout the early 20th century, levied high tariffs on foreign imported goods to help Canadian manufacturing withstand American competition.

• MOORESVILLE, N.C., June 19, 2023 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today announced the appointment of Quonta (Que) Vance as Executive Vice President, Pro and Home Services, effective immediately.
• Vance most recently served as Lowe's Senior Vice President, Transportation and Final Mile.
• He joined Lowe's in 2019 as Division President, North Division, before moving to merchandising as Senior Vice President, General Merchandising Manager, Building Products.
• "His unique background as a Division President, merchandising GMM of building products and supply chain Senior Vice President, positions him well for his new assignment."

• The annual competition, which is known for recognizing emerging and established songwriters, received more than 15,000 entries from 150 countries.
• Founded in 2002, ISC is recognized to be one of the most respected and prestigious songwriting competitions in the world.
• ISC is pleased to award the gifted singer/songwriter Ondara its highest honor, the 2022 Grand Prize.
• Originally from Kenya but now residing in the United States, the Grammy-nominated artist Ondara wins a $50K prize package that includes $25K in cash, as well as various other prizes.