Bill to reinforce protection for journalists’ sources discussed with justice ministry

first_img Use the Digital Services Act to make democracy prevail over platform interests, RSF tells EU June 4, 2021 Find out more Receive email alerts “We’ll hold Ilham Aliyev personally responsible if anything happens to this blogger in France” RSF says News Reporters Without Borders met with justice ministry officials yesterday to discuss a draft government bill to reinforce protection for the confidentiality of journalists’ sources. While welcoming the improvements contained in the bill, which is to be published in mid-March after the Council of State has given its view, the press freedom organisation voiced its reservations about the restrictions to be placed on this protection. Reporters Without Borders met with justice ministry officials yesterday to discuss a draft government bill to reinforce protection for the confidentiality of journalists’ sources. While welcoming the improvements contained in the bill, which is to be published in mid-March after the Council of State has given its view, the press freedom organisation voiced its reservations about the restrictions to be placed on this protection.Under the draft law, the judicial authorities would be able to violate the confidentiality of journalists sources “on an exceptional basis” and “in the framework set by the law” and only when the “nature and gravity of the offence justify it.” Reporters Without Borders thinks these provisions are too vague and would allow investigators and judges to restrict the law’s application.Reporters Without Borders said the restrictions on the protection of sources needed to be more specific. The organisation would like them to be better defined and more protective for journalists, as they are in a Belgian law, which says “journalists may only be forced to identify (their) sources of information (…) if they are likely to prevent offences being committed that pose a serious threat to a person’s physical safety” or that are acts of terrorism. The Belgian law also says that the information must of “crucial importance for preventing these offences from being committed.”The French draft law would also reinforce provisions concerning searches of journalists’ homes. A judge would have to present and the journalists would be able to object to the seizure of files, including computer files. If an objection was made, the files would be placed under seal and the decision on whether or not the seizure could go ahead would be taken by an independent, specialist judge at a hearing at which both the journalist and investigating judge were present.The draft bill, which is to be incorporated into article 2 of an 1881 law on press freedom, would guarantee the confidentiality of sources for all journalists as broadly defined in the labour law. This definition includes online media employees. Reporters Without Borders pointed out to the justice ministry that it does not however include bloggers or local press contributors.Reporters Without Borders also proposed that the new law should be accompanied by specific training in its application for police and gendarmerie investigators. News Help by sharing this information FranceEurope – Central Asia News Follow the news on France to go further RSF_en February 26, 2008 – Updated on January 20, 2016 Bill to reinforce protection for journalists’ sources discussed with justice ministry Organisation June 2, 2021 Find out more RSF denounces Total’s retaliation against Le Monde for Myanmar story News FranceEurope – Central Asia May 10, 2021 Find out morelast_img read more

Continue reading

RSF condemns attacks on journalists during anti-Islam movement’s anniversary in Dresden

first_img “It is an alarming escalation to see Pegida’s regular chants of ‘lying press’ turning into beatings and kicks against journalists more and more frequently,” said Michael Rediske, executive member of RSF Germany’s board of directors. “Violence against journalists is unacceptable, no matter if it is perpetrated by Pegida supporters or counter-demonstrators. Now the judiciary is called upon in order to swiftly find the perpetrators and hold them accountable so that such acts of violence will not come to be considered normal.”German foreign broadcaster Deutsche Welle TV’s journalist Jaafar Abdul Karim and his camera crew wanted to capture the atmosphere among Pegida supporters when they were surrounded by protestors and obstructed in their work. Insults including “wog” (“Kanake”) were yelled at Abdul Karim. One protester hit the reporter on the neck before disappearing into the crowd.Jose Sequeira, a camera operator for the Russian video agency Ruptly, was attacked as he was filming among Pegida supporters. One perpetrator threw his equipment to the ground before six or seven men started hitting his head and back, until he managed to withdraw towards the closest police officers.A young photographer reported to the police he had been held and beaten by several people while taking pictures among Pegida supporters, according to a media report. The attackers finally took his camera and fled.An employee of Deutschlandradio suffered minor injuries from an assault by a drunk counter-protester, accusing him to promote Pegida by covering the protests.These attacks on journalists from Pegida supporters are not the first. On September 28th two journalists had been attacked during a demonstration in Dresden: A supporter of the anti-Islam movement kicked an employee of regional public broadcaster MDR, while a journalist working for the local paper Dresdner Neueste Nachrichten was hit in the face. In both incidents, the perpetrators were able to disappear into the cheering crowd before police even arrived at the scene.Journalists were also attacked or harassed during Pegida protests in other German cities, including in Leipzig on January 21st and in Braunschweig on February 2nd. On 26th January a TV crew for public broadcaster WDR was only able to report from a Pegida demonstration in Duisburg under police protection. Shortly before, extremists had published mock death notices on the internet, cynically “bemoaning” the supposed death of journalists from the region who are known to cover the neo-Nazi activities, there, critically.Germany is ranked 12th out of 180 countries in RSF’s annual World Press Freedom index. Use the Digital Services Act to make democracy prevail over platform interests, RSF tells EU October 21, 2015 – Updated on January 20, 2016 RSF condemns attacks on journalists during anti-Islam movement’s anniversary in Dresden News RSF_en At least three journalists have been attacked by so-called supporters of Pegida (a German acronym for “Patriotic Europeans against the Occident’s islamization”), during demonstrations organized on October 19th in Dresden for the first anniversary of the xenophobic movement, while a participant of a counter-demonstration assaulted a radio station staff member. June 2, 2021 Find out more News May 31, 2021 Find out more Follow the news on Germany Receive email alerts March 30, 2021 Find out more GermanyEurope – Central Asia to go further News Organisation German BND Act: A missed opportunity for press freedom RSF asks Germany to let Myanmar journalist Mratt Kyaw Thu apply for asylum GermanyEurope – Central Asia Help by sharing this information Newslast_img read more

Continue reading

GOLD CUP AT SANTA ANITA STAKES QUOTES – SATURDAY JUNE 25, 2016

first_imgDAVID HOFMANS, MELATONIN, WINNER: “I think mostly we gave him enough time to get rid of that awful thing in his body (Equine Protozoal Myeloencephalitis or EPM). I think that held him back and since we got rid of that he’s developed into such a nice horse.“The emotions were pretty high. I’m normally low key but today I was really nervous. It was his big test today. I thought there were some quality horses in here that he had to beat in order to think about going on (to bigger things). The difference is that today he validated himself. Any horse can beat any horse, on any given day. But to do it again, and maybe even again, then you start thinking.”“He’s a very smart horse. You can see that Joe could do whatever he wanted with him. They’re perfect together.“We were gunning for the Breeders’ Cup Classic anyway but to win this is quite a bonus! (The Gold Cup is a Win and You’re In Challenge Race guaranteeing Melatonin automatic berth, with fees paid, into the $6,000,000 Breeders’ Cup Classic at Santa Anita Nov. 5).”NOTES: The winning owner is Susan Osborne of Glendale, CA, who races as Tarabilla Farms, Inc. JOCKEY QUOTES TRAINER QUOTES JOE TALAMO, MELATONIN, WINNER: “He’s a jockey’s dream. He just does his thing. He does not have to go to the lead. As you saw, he laid second, comfortably. What impressed me the most about him today was when Win the Space came to him at the eighth pole, he just battled back. He gives you everything he’s got.“He’s not a horse that grabs the bit much, but he relaxed really well, two, three deep today. Especially going distances like this, you don’t see horses coming from too far back. That helps him, the fact that he can inherit the lead whenever he wants to.“If they went even quicker, it wouldn’t have mattered. It’s not like he has to be up on the pace, he could have been further back.“I knew I had a lot of horse turning for home, but my horse dug in so nicely. I don’t know what else to say, he’s an unbelievable horse and the sky’s the limit.”center_img -30- GARY STEVENS, WIN THE SPACE, SECOND: “It was a huge run. It was a fun race. He settled great for his first time going a mile and a quarter and it was just a really professional race from him. Great job and well done by everybody in that barn.”last_img read more

Continue reading

SA Women’s Sevens set for tough Hong Kong test

first_img27 August 2014The Springbok Women’s Sevens team has been drawn to face France, China and Mexico in their pool matches at the IRB Women’s World Sevens Qualifier in Hong Kong next month, the International Rugby Board announced on Tuesday.South Africa is among the 12 countries going head-to-head at the Shek Kip Mei Stadium on 12 and 13 September for the four places up for grabs in the core group of the 2014/2015 IRB Women’s Sevens World Series.Core teamsNew Zealand, Australia, Russia, England, Spain, the USA and Canada have already secured their places in the tournament, while Japan, China, Kenya, Brazil, Fiji, Mexico, Hong Kong, France, Netherlands, Portugal, Argentina and South Africa will battle it out for the last four core team places.The top four teams at the conclusion of the 2014/2015 World Series will qualify automatically for the 2016 Rio Olympic Games.OptimisticSpringbok Women’s Sevens coach Renfred Dazel was optimistic on Tuesday that his team could qualify for the World Series, but he expected them to be tested physically and mentally in Hong Kong.“Every team will enter the competition with the same goal and that is to qualify for the World Series, with an eye on having a shot at Olympic qualification, so we have to approach each match with the same determined attitude,” Dazel stated.“We faced France in the Amsterdam World Sevens Series leg in May and suffered a 0-26 defeat and they beat us 19-5 in the Hong Kong Invitational in March, so we know we are in for a tough start to the series.“We have also seen China and Mexico in action and they have players with good skills and speed, so we will certainly not write them off.”Training campDazel, however, said if his team was able to maintain the high tempo of their training sessions throughout their two-week training camp in Stellenbosch and replicate that form on the field in the tournament, they could achieve their goal.“I have been impressed with the players’ focus and the intensity of our training sessions on the first two days of the camp,” he said. “This is exactly what I expect from the players in Hong Kong.“We all realise the importance of progressing to the semi-finals of the tournament and one can sense that in the players’ attitude and work ethic. They know they will have to be at their best to achieve it.”In Pool B, Japan, Fiji, Argentina and Fiji will do battle, while Pool C features Hong Kong, Brazil, the Netherlands and Portugal.2014/15 IRB Women’s Sevens World SeriesThe 2014/15 IRB Women’s Sevens World Series will feature six rounds, beginning on 4 and 5 December in Dubai, the United Arab Emirates.Sao Paulo, Brazil, will be the venue for round two of the action on 7 and 8 February, with the third round taking place in Atlanta, the USA, on 14 and 15 March.The action moves north of the border to Langford in British Columbia. Canada, for round four on 18 and 19 April, then crosses the Atlantic Ocean for the fifth round in London, the United Kingdom, on 15 and 16 May.The World Series concludes in Amsterdam, the Netherlands, on 22 and 23 May.SAinfo reporterlast_img read more

Continue reading

Too many acres targeted for planting corn

first_imgShare Facebook Twitter Google + LinkedIn Pinterest U.S. farmers reacted to global markets in making a major shift by intending to plant more acres in corn this year than last, a situation that could add to abundant supplies and result in lower prices for producers, Purdue University agricultural economist Chris Hurt says.Farmers indicated in a U.S. Department of Agriculture survey they would plant 6 percent more acres of corn this year — 93.6 million, the most since 2013 and the third highest since 1944 — because of a world surplus of wheat and reduced sorghum demand from China.Farmers expect to reduce their acreage of both wheat and sorghum and replace it with corn and cotton. Cotton acreage would increase by 11%.“The bottom line is that 93.6 million acres is too much corn acreage that with normal yields will cause further building of already-large corn inventories,” Hurt said. “Production would be expected to move above 14 billion bushels, with corn prices at harvest falling to the lower $3 per bushel.”The reduction in wheat acreage is related to low prices from the surplus of that crop and increased international competition. The lower demand for sorghum is the result of reduced use in Chinese feeding rations, causing sorghum prices to drop relative to corn.The shift is less apparent in the Corn Belt. Still, corn there could increase by 1.5 million acres. Somehow, Hurt said, farmers in the Corn Belt also are going to plant 840,000 more acres of soybeans, and more wheat acres as well. This made Hurt wonder whether farmers might have over-estimated their total acreage numbers.The Prospective Plantings report of the USDA’s National Agricultural Statistics Service, released Thursday (March 31), is based on a nationwide survey of 83,000 farm operators. It was conducted in the first two weeks of March.The estimated corn planting area nationally is up 6% from last year’s 88 million acres. Soybean farmers nationally intended to plant 82.2 million acres, down less than 1% from 82.6 million from last year.Hurt said soybean stock supplies were about 40 million bushels lower than expected, indicating that more soybeans might have been used than expected or the size of the 2015 crop was over-estimated. In addition, soybean acreage nationally was 660,000 acres smaller than pre-report estimates. This means, Hurt said, that the 2016 crop would have U.S. average prices near $9 for the marketing year.“These reports together suggest that the market prices of corn and soybeans will now adjust to give producers reduced financial incentives to plant corn and increased price incentives to plant more soybeans, spring wheat and other spring-planted crops,” he said.Hurt noted that spring weather also will be important in determining how many acres get planted to each crop. The weather has tended to favor an early start to the planting season, which generally favors corn acreage.last_img read more

Continue reading

Paving the Way for an Efficient Light Bulb in Every Socket

first_imgThe U.S. Department of Energy has just updated and expanded its definition of what constitutes an everyday light bulb in our homes and businesses, paving the way for the Trump administration to implement the second phase of a bipartisan law signed by President George W. Bush to cut the energy waste of bulbs. Energy efficiency standards were sorely needed because the incandescent light bulb had not been significantly updated since the days of Thomas Edison, more than 125 years earlier.Once the 13-year transition to more efficient light bulbs is completed, U.S. consumers will save more than $10 billion on their electric bills every year and there no longer will be a need to generate the amount of electricity that’s produced by more than 30 large power plants annually. The savings are so large because the average U.S. household has around 40 lighting sockets and more than 2 billion sockets nationwide still contain inefficient bulbs.First, some history: Back in 2007, President Bush signed a law passed by a bipartisan Congress to phase out inefficient incandescent light bulbs. The first phase, which occurred between 2012 and 2014, went smoothly and the old incandescents were replaced on store shelves by halogen incandescent bulbs that used about 28% less energy. Where are we in the transition to LEDs?LED bulbs are now widely available and have decreased in cost from more than $20 per bulb to less than $5, and in some cases can be purchased for as little as $2 each when bought in a multipack. And each bulb can save consumers $50 to $150-plus, depending on rated lifetime, brightness, and local utility rates. As a result, LED light bulbs have grown from just 1% of the market a few years ago to more than 20% of all bulbs sold today, with additional increases expected as LED prices continue to decline.But first the new administration must adopt and enforce the next phase of updated standards under the 2007 law, to ensure that virtually all the sockets in the United States contain an efficient bulb, which will reduce consumer bills, cut electricity use, and create jobs. While some members of Congress are leading an all-out assault on regulation, why would anyone want to roll back bipartisan light bulb efficiency legislation that’s saving their constituents money, helping to clean the air, and leading to American job growth?Let’s hope the Trump administration sees the light and quickly sets in motion the second phase of these beneficial efficiency standards aimed at avoiding needless energy waste by our light bulbs. The 2007 law also required the Department of Energy (DOE) to review and update as necessary the definition for “general service lamps” (GSLs), the technical term for the everyday light bulbs used in our homes, and to increase the efficiency levels required for bulbs sold after 2020 to at least 45 lumens per watt (LPW). (Lumens refers to the amount of light a bulb produces and watts the amount of power it draws.) That’s triple the efficiency of the conventional incandescent bulbs sold before 2012. (Note: Today’s LED bulbs already meet the 45 LPW benchmark. In fact, the typical LED replacing the old 60-watt incandescent only uses 10 watts to produce the same amount of light and has an efficiency level of around 80 LPW.) RELATED ARTICLES Are efficient versions available?Today, three years ahead of the projected effective date, one can already find an energy-efficient, long-lasting version of virtually all the bulbs covered by DOE’s updated definition.Shoppers visiting their local big box and hardware stores can find a broad selection of LED bulbs that are drop-in replacements for their old incandescent bulbs. The new LEDs do everything the old bulbs did except waste energy. They start instantly, are usually dimmable, deliver the same quality of light, and depending on the bulb, last between 10 and 25 years under normal usage (3 hours per day) compared to just one year or so. What is a “general service light bulb”?Because light bulbs come in all sizes and shapes, a clear definition is needed to determine which bulbs will be covered by the future standard — and just as importantly, which ones won’t.The updated DOE definition adds some commonly used bulb types like the reflector bulbs that go into the increasingly popular recessed cans/down lights and the flame-shaped candelabra bulbs often used in chandeliers and sconces. DOE also listed bulbs to be exempted due to their niche applications and unique characteristics — such as the bulbs that go into ovens, bug lights, etc.center_img Martin’s 10 Rules of LightingGBA Encyclopedia: LightingGBA Product Guide: LightingHigh Performance Lighting Guide from IBACOSLighting Research Center website Lighting Systems in Southwestern HomesLUMEN Coalition lighting information websiteLED Lights Brighten Our Nearly Completed Home What about jobs?With a few exceptions, the improved incandescent and halogen bulbs sold in America are no longer made here, and are manufactured instead in factories in Mexico, China, or Hungary. The good news is that several thousand U.S. jobs have been created to research, design, market, and manufacture LED bulbs and related products, which dwarfs the number of remaining domestic jobs tied to incandescent bulbs. For example:Cree Inc., one of the top-selling LED brands, employs more than 3,000 in its North Carolina and Wisconsin plants and offices.Lumileds in San Jose, California, makes LEDs that go into household light bulbs and car headlights, as well as other LED lighting products.Soraa, a high-end lighting company that makes the LED spotlights favored by retailers, was founded by a University of California Santa Barbara professor who won the Nobel Prize for inventing the blue LED, which enabled energy-saving white LED light bulbs to be created. Headquartered in Fremont, California, Soraa is building a factory in upstate New York that will add 300 manufacturing and 120 R&D jobs. New definitions for general service lampsIn fulfillment of its statutory obligations, the Department of Energy just issued the updated definition for the types of light bulbs that will be considered “general service lamps.” This step paves the way for the eventual conversion of our nation’s light bulbs to dramatically more efficient ones. The new definition culminates a nearly year-long process led by the DOE that provided multiple opportunities for input from manufacturers, retailers, and other stakeholders.Now that the new definition has been updated, it will be up to the Trump administration and new secretary of the U.S. Department of Energy to adopt and enforce the next phase of the 13-year transition: the 45 LPW minimum standard scheduled to go into effect in 2020. Because the standards are technology-neutral, bulb manufacturers can use whatever technology they prefer — incandescent, CFL, LED, or any other — as long as the bulbs produce at least 45 LPW. However, given their superior energy efficiency, long life, and cost savings, the bulbs meeting the improved standard are most likely to be LEDs. (To learn more about the standards, see our NRDC Fact Sheet.)Here’s some more information on the new definition and the amazing LED innovation occurring in the lighting space, all of which is translating into massive energy savings and lower consumer electric bills, and will lead to new U.S. jobs. Noah Horowitz is senior scientist and director of the Center for Energy Efficiency, Energy & Transportation Program at the National Resources Defense Council, where this post was originally published.last_img read more

Continue reading

Bagley’s big 2nd half leads No. 5 Duke past No. 9 UNC

first_imgFamilies in US enclave in north Mexico hold sad Thanksgiving Google honors food scientist, banana ketchup inventor and war hero Maria Orosa Mushers, fans gather for world’s most famous sled dog race For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. Duke was 8 of 15 from 3-point range in the second half — the Blue Devils made just 1 of 10 from that distance in the first half — and outrebounded North Carolina 24-13 after halftime.Cameron Johnson scored 16 points for the Tar Heels (22-9, 11-7), while Kenny Williams and Luke Maye each had 13. Three weeks after they rallied from a double-figure deficit to beat their fiercest rivals, it was the Blue Devils’ turn to flip the script.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSLillard, Anthony lead Blazers over ThunderSPORTSMalditas save PH from shutoutDuke trailed by 11 with 14 1/2 minutes to play before the ACC’s top offense finally found its rhythm, hitting four 3s in 4 1/2 minutes to erase that deficit. That came as part of a 25-10 burst keyed by six 3s that put the Blue Devils ahead to stay.BIG PICTURE North Carolina: The Tar Heels had a chance to spoil Duke’s Senior Night for the third time in their last four regular-season-ending visits to Cameron, and sweep their fiercest rivals. Instead they’ll enter the postseason on a two-game losing streak.Duke: This very well might have been the final game at Cameron for a good chunk of the starting five, with Allen — the team’s lone senior — surrounded by three potential one-and-done freshmen and coach Mike Krzyzewski acknowledging in the leadup to the game that “it’s the last game probably for a few of our other kids, too.” The offense came alive just in time to send Allen — and maybe the others — out the way they wanted.UP NEXTNorth Carolina: Heads to the ACC Tournament next week in Brooklyn.Duke: Heads to the ACC Tournament next week in Brooklyn.ADVERTISEMENT Typhoon Kammuri accelerates, gains strength en route to PH Brace for potentially devastating typhoon approaching PH – NDRRMC Pussycat Dolls set for reunion tour after 10-year hiatus Police teams find crossbows, bows in HK university PLAY LIST 01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City Duke’s Marvin Bagley III (35) dunks over North Carolina’s Brandon Robinson (4) during the first half of an NCAA college basketball game in Durham, N.C., Saturday, March 3, 2018. (AP Photo/Ben McKeown)DURHAM, N.C. — Marvin Bagley III had 18 of his 21 points in the second half along with 15 rebounds, and No. 5 Duke pulled away to beat No. 9 North Carolina 74-64 on Saturday night.Grayson Allen added 15 points in his final game at Cameron Indoor Stadium, and Gary Trent Jr. had 13 points — including three 3-pointers in the final 10 minutes — to help the Blue Devils (25-6, 13-5) clinch the No. 2 seed in the Atlantic Coast Conference Tournament.ADVERTISEMENT Don’t miss out on the latest news and information. MOST READ LOOK: Iya Villania meets ‘Jumanji: The Next Level’ cast in Mexico John Lloyd Cruz a dashing guest at Vhong Navarro’s wedding Typhoon ‘Tisoy’ threatens Games LATEST STORIES Read Next View commentslast_img read more

Continue reading

9 months agoBournemouth, Southampton chasing Brentford defender Chris Mepham

first_imgTagsTransfersAbout the authorPaul VegasShare the loveHave your say Bournemouth, Southampton chasing Brentford defender Chris Mephamby Paul Vegas9 months agoSend to a friendShare the loveBournemouth and Southampton are chasing Brentford defender Chris Mepham.The Sun says Bournemouth are set to bid £15m for Mepham as they look to land the young defender ahead of Southampton.Bournemouth boss Eddie Howe wants a centre-back to complete his January spending after landing Dominic Solanke and Nathaniel Clyne early in the window.Brentford defender Mepham is a long-term target and Howe failed with a £10million summer bid for the 21-year-old Wales international.But he will move for him again and launch a £15million raid to get him ahead of south-coast rivals Southampton, who are also interested in Bees forward Ollie Watkins. last_img read more

Continue reading

Aurora Cannabis ramping up production but recreational pot shortages to linger

first_imgTORONTO – Aurora Cannabis saw “strong demand” for recreational pot during the initial few weeks of legalization in Canada and it expects consumer appetite to continue to outstrip supply for “some time.”The Edmonton-based pot producer was able to meet “just about all” of its supply obligations leading up to and after pot for adult use was legalized on Oct. 17, but it will take time to ramp up its cannabis production in the coming quarters, said Cam Battley, Aurora’s chief corporate officer.“We’ve heard the discomfort of provinces who across the board have not been able to achieve sufficient supply,” he told a conference call with financial analysts discussing the company’s latest financial results.“We, we think, have done better than other companies, our peers. We will be ramping up, we will be able to pick up some of the slack soon. But we can’t do that immediately.”The cannabis producer’s comments came as it reported its results for the three months ended Sept. 30. During the first quarter of its 2019 financial year it delivered revenues of $29.7 million, more than triple the $8.2 million during the same period last year. It also posted a profit of $104.2 million, up from nearly $3.6 million a year ago, boosted by an unrealized non-cash gain on derivatives and marketable securities.The average net selling price was $9.19 per gram in the quarter, up 12 per cent compared with a year ago, boosted by an increase in cannabis extracts sold.Analyzing the performance of marijuana companies is difficult because of accounting rules used in the agriculture industry that require companies to put a value on their pot plants before they are harvested, and approaches differ between producers on how to apply these guidelines.With the legalization of recreational cannabis on Oct. 17 — making Canada the second country in the world after Uruguay to do so — the market for pot has opened up.The roll-out of adult pot use in Canada has been plagued with problems including product shortages in many markets, as demand has outstripped supply. Some government entities tasked with the sales and distribution of recreational cannabis in various provinces have said they are receiving less product than expected and have warned the shortages could last for months.Aurora’s results did not encompass recreational cannabis sales post-legalization, but management did provide some initial insights into how the roll-out has gone.Although not all provinces and territories were providing cannabis sales details, Aurora said the adult use market for the company has been a “success” thus far, with its products ranking among the top selling products and brands in many of the provinces the it committed to supplying.Aurora brands accounted for roughly 30 per cent of the total market supplied through the Ontario Cannabis Store, while it also had the top four best-selling dried flower products in British Columbia, the company said.Martin Landry, an analyst with GMP Securities, said it was a larger market share than was expected for the company, particularly in Ontario.“We were pleasantly surprised by the traction their products are getting in the retail market,” he said.Alcanna Inc., which operates five Nova Cannabis stores in Alberta and in which Aurora has a 25 per cent stake, saw $3.7 million in sales during the first 19 days, Battley said Monday.Aurora noted the revenue for its latest quarter included about $600,000 from its initial shipments received by provinces in the final days of September ahead of the legalization.The company added that during the three months ending Sept. 30 and subsequently the company has made “significant progress towards increasing its production capacity, including receipt of various sales and production licenses.”For example, in September, it received its production license from Health Canada for its Aurora Eau facility in Lachute, Que., and opened its doors on Nov. 5.Aurora is aiming to ramp up production from an annualized run rate of 70,000 kilograms to 150,000 kilograms.The cannabis producer could sell every gram it produces between now and June into the adult use market, said chief executive Terry Booth, citing the assessment of the company’s production team.“We are tempering it, we are meeting our commitments. And when we have extra supply, which we will… We will allow that for sale in the adult usage market. Remember that the medical market and the European market can fetch us more dough, full stop,” he told analysts.The company’s focus remains the international medical market, particularly in the EU, Booth said.“The future is bright for the medical cannabis system and we’re a medical cannabis company globally… This adult usage is just small sliver of a very big piece of pie.”Companies in this story: (TSX:ACB)last_img read more

Continue reading

CAPP CEO calling on feds to cut energy sector taxes

first_imgIn answer to a question, however, McMillan said last year’s budget sent a “terrible signal to the world” by limiting allowable tax deductions for oil and gas exploration wells.He added there are currently some 50 changes to energy industry policies being contemplated by provincial and federal governments, including recently proposed sweeping changes to the Canadian Environmental Assessment Agency and the National Energy Board, that are harming Canada’s reputation as a transparent and fair place to do business.McMillan said he’s heard from some Calgary-based energy CEOs with operations in the U.S. who say lower taxes are making them more likely to invest there than in Canada. OTTAWA, O.N. — The head of the group that represents Canada’s oil and gas industry is calling on the federal government to cut taxes and ease regulatory burdens to restore the energy sector’s competitiveness with the United States and other global producers.Tim McMillan, CEO of the Canadian Association of Petroleum Producers, says Canada is “falling behind” and must act now to restore investor confidence, citing in particular lower corporate taxes and business-friendly regulatory changes by the U.S. under President Donald Trump.McMillan appeared at a news conference in Ottawa one day before the federal budget is presented but the event was cast as the introduction of a series of economic reports, not an attempt to influence the budget.last_img read more

Continue reading