TORONTO, Jan. 14, 2022 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (the “REIT”) announced today that the Trustees of the REIT have declared a distribution of $0.06667 per unit for the month of January 2022, representing $0.80 per unit on an annualized basis. The distribution will be payable on February 15, 2022, to unitholders of record as at January 31, 2022.
Unitholders can participate in the REIT’s Distribution Reinvestment Plan (“DRIP”). Eligible investors registered in the DRIP will have their monthly cash distributions used to purchase Trust Units and will also receive bonus units equal to 3% of their monthly cash distributions. Complete details of the DRIP are available on the REIT’s website at www.nwhreit.com or from a unitholder’s investment advisor.
About NorthWest Healthcare Properties Real Estate Investment Trust
NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (NorthWest) is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. The REIT provides investors with access to a portfolio of high-quality international healthcare real estate infrastructure comprised of interests in a diversified portfolio of 192 income-producing properties and 16.2 million square feet of gross leasable area located throughout major markets in Canada, Brazil, Europe, Australia and New Zealand. The REIT’s portfolio of medical office buildings, clinics, and hospitals is characterized by long term indexed leases and stable occupancies. With a fully integrated and aligned senior management team, the REIT leverages over 250 professionals in nine offices in five countries to serve as a long-term real estate partner to leading healthcare operators.
This press release contains forward-looking statements which reflect the REIT’s current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ materially from those projected herein. The REIT disclaims any obligation to update these forward-looking statements.
SOURCE NorthWest Healthcare Properties Real Estate Investment Trust
For further information: Paul Dalla Lana, CEO at (416) 366-8300 x 1001
Ontario investment to add 300 student, 88 child care spaces in London, Ont. – Globalnews.ca
The Ontario government says it’s investing nearly $10 million to build and improve two London, Ont., schools.
In a release issued Saturday, the provincial government said the investment will aim to support the creation of 300 student spaces and 88 licensed child care spaces.
The first project involves $7.2 million in improvements to Eagle Heights Public School at 284 Oxford St. W. It will add 300 new elementary student spaces.
The other project will see the government provide $2.7 million for a new child care centre at Northeast London Elementary School at a London site to be acquired.
This project includes adding 88 child care spaces, an infant room, two toddler rooms and two preschool rooms.
“The projects are part of a provincewide investment of more than $600 million to support new school and child care spaces,” the statement read. “The overall investment will support 78 school and child care related projects.”
© 2022 Global News, a division of Corus Entertainment Inc.
Disclosures Show Dr. Fauci’s Household Made $1.7 Million In 2020, Including Income, Royalties, Travel Perks And Investment Gains – Forbes
Last night, U.S. Senator Roger Marshall received Dr. Anthony Fauci’s unredacted FY2020 financial disclosures. The release following a heated Senate exchange between Fauci and Marshall which concluded with Fauci called the senator a “moron.”
The financial disclosures contain a wealth of previously unknown information. For example, the Fauci household’s net worth exceeds $10.4 million.
During the pandemic year of 2020, their household income, perks and benefits, and unrealized gains totaled $1,782,807 — including federal income and benefits of $868,812; outside royalties and travel perks totaling $119,626; and investment accounts increasing by $794,369.
Here are the numbers as compiled by the auditors at OpenTheBooks.com, an organization I lead. This analysis used previously known information plus the newly released disclosures.
Investment Income: $794,369
Disclosures show $794,369 in gains in the Fauci stock, bond, and money market portfolio during 2020. The total value of Dr. Fauci’s investment account was $8.4 million and his wife’s investments totaled another $2.1 million.
These funds were held in a mix of trust, retirement, and college education accounts. Fauci has an IRA worth $638,519 (up $42,291); a defined benefit brokerage account totaling $2,403,522 (up $241,418); and a revocable trust worth $5,295,898 (up $342,694). His wife’s revocable trust is worth $1,962,819 (up $156,123) and an IRA totaling $120,277 (up $11,843).
Some on the right have speculated that Fauci may have profited off the pandemic. The disclosures show that he’s invested in fairly broadly targeted mutual funds, with no reported holdings of individual stocks.
Fauci’s disclosures show that he owns a stake in a San Francisco restaurant, Jackson Fillmore, worth between $1,000 and $15,000: but received no income from the restaurant in FY2020 (or in FY2019).
Previously, NIH had released heavily redacted financial disclosures of Dr. Fauci. Redactions included the fund balances, so a net worth analysis was impossible until now.
Dr. Fauci is the director of the National Institutes of Allergies and Infectious Diseases and his wife Christine Grady is the chief bio-ethicist at the National Institutes of Health.
Background: Fauci earned $434,312 in cash compensation (FY2020) outearning all 4.3 million federal employees including the president and four-star generals in the U.S. military. Between 2010 and 2020, Dr. Fauci earned cash compensation of $3.7 million from his federal employer. Review Fauci’s ten-year salary history in my previous column published at Forbes.
Fauci’s wife, Christine Grady is the chief bio-ethicist at the National Institutes of Health and made $234,284 in FY2020, as disclosed by FOIA to OpenTheBooks.com in August 2021. Grady’s FY2019 pay was also $234,284 and since 2015, Grady made $1.3 million in cash compensation.
However, Fauci’s financial disclosures only show that Grady made $176,000 for FY2020.
NIH does still not disclose Fauci’s current salary (FY2022) or last year’s salary (FY2021), despite comment requests for the information. Therefore, Fauci earned an estimated total of roughly $900,000 during the period.
Perks And Pension Benefits: Est. $200,500
Federal employees have a lucrative amount of paid time off, subsidized healthcare, pension benefits and a myriad of other perquisites. For example, after just three-years, a rank-and-file federal employee receives 44 days of paid time off. Dr. Fauci has held a federal job for 55 years.
A good faith estimate of the taxpayer cost of those benefits is 30-percent multiplied by the salary amount for Dr. Fauci and his wife.
Background: In December, published at Forbes, Fauci stands to reap a golden parachute retirement pension estimated at $350,000 per year, the highest in federal history. With cost of living increases, Fauci would receive over $1 million during his first three years of retirement.
Royalties And Professional Reimbursements: $106,328
Disclosures show that Dr. Fauci edits the medical textbook, Harrison’s Principals of Internal Medicine and serves on the board of the publisher, McGraw Hill. In 2020, Fauci received $100,000 as an editor of the publication. In July 2020, Fauci also received $6,328 for a six-day trip to La Jolla, CA to attend a board meeting of McGraw Hill, the publisher.
Background: OpenTheBooks filed a Freedom of Information Act lawsuit to get a copy of all royalties paid to current and retired NIH scientists since 2005. When NIH would not release the information, a federal lawsuit was filed in October with Judicial Watch and production is scheduled to start on February 1st.
Gifts And Travel Reimbursements: $13,298
Galas: Fauci and his wife collected $8,100 to attend three virtual galas.
Here is the breakdown: $5,000 in for the Robert F. Kennedy (RFK) “Ripple of Hope” gala in December 2020. $1,600 to attend “An Evening Of Hope” virtual event in April 2020 and $1,500 to attend a “Prepared For Life” virtual gala in October 2020.
When Fauci was named Federal Employee Of The Year at the 2020 Samuael J. Heyman Service To America Medals awards program he was paid $5,198 for the virtual star-studded event.
Background: Fauci’s FY2021 disclosure is scheduled for release in May. The disclosure should contain interesting information. For example, in January 2021, as reported by NPR, Fauci received a $1 million prize for the prestigious Dan David Prize affiliated with Tel Aviv University for “speaking truth to power.”
Most likely Fauci kept $900,000 of that prize with 10-percent awarded to Fauci-picked scholarship winners.
Comment was requested from Dr. Fauci and NIH; updates forthcoming with any response.
No, Fauci’s Records Aren’t Available. Why Won’t NIH Immediately Release Them? Published January 12, 2022 | Forbes
Dr. Anthony Fauci’s Golden Parachute Will Exceed $350,000 Per Year – The Largest in U.S. Federal Government History Published December 28, 2021 | Forbes
Dr. Anthony Fauci’s Little Known Biodefense Work. It’s How He Became The Highest Paid Federal Employee. Published October 20, 2021 | Forbes
Dr. Anthony Fauci: The Highest Paid Employee In The Entire U.S. Federal Government Published January 21, 2021 | Forbes
Global crypto funds post sharp gains in 2021 -BarclayHedge
Global cryptocurrency funds racked up steep gains last year after most digital currencies soared in price, led by bitcoin and ether amid strong institutional interest and greater acceptance from regulators worldwide, according to BarclayHedge, a division of Backstop Solutions
The BarclayHedge cryptocurrency traders index was up 138.1% for 2021, according to data the firm posted on Friday, showing results for about 39 funds, or less than 50% of the digital asset management firms it tracks. That followed record gains of 173% in 2020, as crypto funds benefited from extreme volatility that the coronavirus pandemic stoked across financial markets.
Bitcoin gained 60% in 2021 as it hit a record peak of $69,000 in November, while ether, the token used for the Ethereum blockchain, surged roughly 400%.
“There is an air of legitimacy now. Bitcoin is no longer viewed as an esoteric digital currency used only on the fringes by techies and cypherpunks,” according to CoinDesk’s annual crypto and blockchain review for 2021.
For the month of December, however, crypto funds showed losses of around 11%, as bitcoin and ether slumped as well. Bitcoin dropped 19% last year, while ether fell 20%.
“Crypto was the only sub-sector that didn’t make money in December, as many of the industry’s headline assets suffered whiplash from a sharp price downturn,” said Ben Crawford, head of research at BarclayHedge.
Crypto’s more traditional cousin, foreign exchange, on the other hand, turned in modest returns in 2021.
BarclayHedge’s currency trader’s index showed a gain of 2.2% last year, based on 60% of funds that reported. Currently there are 40 FX programs tracked by BarclayHedge.
The 2021 gain for FX funds followed a 4% rise in 2020. Returns were subdued last year as global central banks kept a lid on interest rates, depressing volatility.
Currency funds’ returns, meanwhile, showed an anemic 0.23% rise in December.
(Reporting by Gertrude Chavez-Dreyfuss; Editing by Alden Bentley and David Gregorio)
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