Two new developments will support those most at risk of homelessness
Mississauga ― The governments of Canada and Ontario are investing over $23.5 million in two new affordable housing developments in Peel Region, providing 219 homes for individuals, families, seniors and people with disabilities.
“Home is a place of safety and refuge. Our government is dedicated to housing more Canadians which is why we are proud to have invested in these developments in Peel Region. These new units are more than just safe and affordable places to live, they are key to a better life for the residents who call them home,” said Adam Vaughan, Parliamentary Secretary to the Minister of Families, Children and Social Development.
“Our government is committed to ensuring all Ontarians have access to an affordable place to call home,” said Steve Clark, Minister of Municipal Affairs and Housing. “These important investments in Peel Region are the latest examples of the good things that can happen when we work together to help those most in need in our province.”
The Indwell affordable housing project on Lakeshore Road East will include 68 affordable housing units, a food bank and support program for people with disabilities. Funding for the project is being delivered through the joint federal-provincial Social Infrastructure Fund and Investment in Affordable Housing Program.
The East Avenue affordable housing project will include 151 affordable housing units for individuals, families and seniors. Funding for the project is being delivered through the joint federal-provincial Investment in Affordable Housing Program and the Ontario Priorities Housing Initiative.
“This investment is great news for Peel Region. I am proud our government is taking action to increase the supply of affordable and accessible housing for our most vulnerable citizens, including seniors and people with disabilities,” said Rudy Cuzzetto, MPP Mississauga-Lakeshore. “These two projects are a great addition to Mississauga and I congratulate all those who have worked so hard to provide stable housing and access to support services, such as counselling, addiction services, and life-skills training.”
“On behalf of Peel Regional Council, I wish to sincerely thank the Government of Canada and Province of Ontario for their partnership in helping Peel to build much-needed affordable housing. The magnitude of Peel’s critical affordable housing shortage, heightened by the effects of the pandemic as more individuals and families are losing or at risk of losing their housing, demands that all levels of governments continue to work together,” said Nando Iannicca, Chair of Region of Peel.
“When we all work together, we can achieve practical, immediate solutions that address homelessness in our cities and province,” said Jeff Neven, Indwell’s Executive Director. “Here in Port Credit, all levels of government, community members, the BIA, social service organizations, and churches are working together with Indwell to create new homes for 68 people.”
- The Social Infrastructure Fund (SIF) and Investment in Affordable Housing (IAH) Program are joint federal-provincial programs to fund the creation and repair of affordable housing. They also provide down payment assistance for homeownership and rental assistance to families and individuals in need.
- Under the SIF and IAH programs, service managers have the flexibility to select which program components to participate in – such as new rental construction, home repair, housing allowances, rent supplements or home ownership – based on local housing needs in their communities.
- The Ontario Priorities Housing Initiative builds on the success of the Investment in Affordable Housing program and addresses local priorities in the areas of housing supply and affordability.
- Ontario has provided $350 million in funding to help stop the spread of COVID-19 and keep vulnerable people safe. This includes funding to local service managers and Indigenous program administrators who were given the flexibility to expand the key services they already offer to meet their local needs, including supporting people having a hard time paying rent.
Foreign investment in Dubai plummets in first half 2020 – The Journal Pioneer
DUBAI (Reuters) – Foreign direct investment in Dubai fell by 74% in the first half of the year compared to the same period of 2019, as the coronavirus pandemic stalled parts of the global economy.
The Middle East financial and trade hub drew in 12 billion dirhams ($3.3 billion) in the six months to June 30, according to a government of Dubai statement released on Monday.
The statement did not provide a comparative figure, but the government last year reported 46.6 billion dirhams in first half foreign direct investment.
Sami al-Qamzi, head of Dubai’s economic department, said the pandemic has presented challenges but that stimulus packages had driven “positive developments” in the investment environment.
Dubai’s government media office did not immediately respond to an emailed request for further comment.
Dubai was locked down for several weeks as part of government efforts to curb the coronavirus, causing many businesses to temporarily shutter.
The United Arab Emirates has recorded 61,352 cases of the virus and 351 deaths. The Gulf state does not disclose where in the country the infections and deaths have occurred.
(Reporting by Alexander Cornwell; Editing by Andrew Cawthorne)
Business Development Return On Investment During New Normal – Forbes
In the marketing world, many businesses focus on ROI (return on investment). However, when the business does not obtain the immediate monetary results it desires, the decision makers begin to pull away from social media marketing. This is especially true with ROI during a time of crisis, such as the pandemic.
But, there is another side of the coin called return on influences, says social media marketing expert Christopher Tompkins.
“Many businesses have begun investing more time and money into individuals or organizations who can represent their brand and bring credibility and value,” says Tompkins, founder, head strategist, and CEO of The Go! Agency. His latest book is The Go Method: 22 Simple Steps to Creating a Social Media Strategy That Works!
If you’re spending money trying to promote a product or service, Tomkins says it is essential to be fully aware of your return on investment and return on influence. There are a few things to consider first:
Know how to budget correctly. “So many people think that spending thousands of dollars on advertising will result in a huge win for their company,” says Tomkins. “Yes, more money can result in a greater ROI, but, what if you don’t have thousands to spend in order to acquire new customers? You need to be smart and strategic with what you do have. You’ll want to know as much about your target audience as possible. Don’t waste your money showing your ad to everyone in the world, when you could be showing your ad to just your target audience.”
Know your KPIs and marketing goals. “Speaking of being strategic, you must know your KPIs (key performance indicators),” says Tomkins. “These are specific S.M.A.R.T. goals (specific, measurable, attainable, relevant, time-bound) that you can keep track of as your campaign progresses. Without these, you’re making business decisions that are based on feelings instead of figures. If you aren’t careful, you could be spending money on marketing efforts that end up in little to no results.”
Know how to track your ROI using analytics. “If you don’t already have traffic tracker set up on your website, what are you waiting for?” asks Tomkins. “This is one of the easiest ways to see your website traffic, where they came from, and what pages on your website had a greater increase in visitors than others. Most social media sites offer their own specialized pixel so you can maximize your advertising spend with them, enabling you to only pay for when someone clicks through to your site.”
Know your measurements…and what they mean. “When you are measuring your level of influence, there is not a fancy equation that will help you deliver the ideal metric,” says Tomkins. “Each business has its own needs and its own unique focus. Is it important for you to have a high number of people connected to your profiles? Then the size of your audience will be something that you will want to measure and keep track of. Are you looking to get your audience engaged with your content actively? Then you want to track likes, comments, reactions, and shares. Want to use social media links as calls to action to visit your website? Then you need to track the amount of traffic that you are generating via each site.”
My advice: social media augments marketing and branding efforts, it is not the whole effort. Each social media channel can serve as a branding and expertise hub where a business can illustrate to its target-rich audience the value that the brand brings to the table and why the decision makers need to be interested. Remember, nothing invested means nothing gained.
NEI's Responsible Investment Program Earns Highest Marks Possible from the Principles for Responsible Investment – Canada NewsWire
TORONTO, Aug. 4, 2020 /CNW/ – NEI Investments (“NEI”) is proud to announce it has been awarded the top score of “A+” across all assessed categories in the 2020 report by the UN-supported Principles for Responsible Investment (the “PRI”), the world’s leading proponent of responsible investment. While NEI has consistently received strong marks for its responsible investment program, these are the highest grades the company has achieved.
“These outstanding results reflect the deep commitment across our entire organization to ESG best practices and to the broader principles of responsible investing,” said Frederick M. Pinto, Senior Vice President and Head of Asset Management for NEI. “For more than 30 years, we have been leaders in delivering the most comprehensive and effective responsible investment program in Canada, enabling our clients to build toward their financial goals while making a positive impact on the world. The PRI assessment shows we are succeeding.”
The PRI works to understand the investment implications of environmental, social and governance (“ESG”) factors and to support an international network of over 3,000 signatories in integrating these factors into investment and ownership decisions. NEI Investments was among the first signatories when the PRI launched in 2006.”
“The guiding principles that were adopted by the PRI were fully embedded in our work long before we became a signatory,” said David Rutherford, Vice President of ESG Services for NEI. “For us, this goes beyond a single year’s assessment—these results speak to the power of a thoughtful and consistently applied approach that’s built on a strong foundation and refined over time.”
“From strategy and governance to corporate engagement and manager oversight, we’re thrilled the PRI has recognized the high level of asset management expertise we bring to our responsible investment solutions,” said John Bai, Vice President and Chief Investment Officer for NEI. “Our success is the result of deep integration internally and healthy, collaborative relationships with our external sub-advisors.”
About NEI Investments
“NEI Investments” and “NEI” refer to Northwest & Ethical Investments L.P., an Ontario limited partnership.
NEI Investments is a Canadian asset manager committed to providing focused investment solutions advised by best-of-breed, independent portfolio managers. NEI delivers disciplined, active asset management with a longstanding focus on environmental, social and governance factors, and a well-defined corporate engagement process designed to create sustainable long-term value. NEI is a wholly owned subsidiary of Aviso Wealth, a national, integrated financial services company, with over $70 billion in assets. For more information please visit www.neiinvestments.com and www.aviso.ca
SOURCE NEI Investments
For further information: For media inquiries, please contact: James Morris, VP, Content Marketing and Communications, Aviso Wealth, [email protected]
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