Thursday 18 February 2021 8:42 am Share Barclays, alongside other major high street banks, has been hit by additional credit impairment charges due to the economic impact of coronavirus. In an earning calls the chief executive insisted Barclays would keep a “significant presence” in Canary Wharf despite a shift to home working during the pandemic. A suspected “fat finger” trade knocked billions from Barclays’ value yesterday Sudeepto Mukherjee, senior vice president of financial services at Publicis Sapient, said the bank’s resilience was largely due to its diversified business model. The bank announced a dividend of 1p per share, as well as a £700m share buyback, after regulators banned payouts last year following the outbreak of Covid-19. James Warrington The performance drove up the bank’s bonus pool six per cent in 2020 to £1.6bn. Barclays to resume dividend as Covid loan provision hits £4.8bn Profit for the fourth quarter fell more sharply, dropping from £1.1bn to £0.6bn. Total income for the year was flat at £21.8bn. It came as Barclays reported a pre-tax profit of £3.1bn last year. This was 30 per cent down on the previous year but well ahead of analyst forecasts. Tags: Barclays However, boss Staley’s overall pay fell from £5.9m to £4m as the bank missed its profit target for the year. Show Comments ▼ By contrast, its consumer, cards and payments division dropped by more than a fifth to £3.4bn due to lower credit card balances, reduced payment activity and lower margins. Income from this division surged 22 per cent to £12.5bn, accounting for more than half the bank’s income. “Barclays will have to continue to focus more on cost reductions via digitisation and get their retail businesses to be competitive as consumer spending picks up in 2021 to maintain their strong performance against rivals,” he said. whatsapp Barclays chief executive Jes Staley said the bank was well provisioned for impairments, adding that it expected to deliver a “meaningful improvement” in returns in 2021. A suspected “fat finger” trade knocked billions from Barclays’ value yesterday Also Read: Barclays to resume dividend as Covid loan provision hits £4.8bn A suspected “fat finger” trade knocked billions from Barclays’ value yesterday Also Read: Barclays to resume dividend as Covid loan provision hits £4.8bn Pandemic impact Staley had prompted speculation that Barclays could reduce its office space in the financial hub after he said Covid-19 could make large offices a thing of the past. Barclays today said it will resume its annual dividend as the banking giant’s profit suffered a less severe hit from the pandemic than expected. But this was offset by a strong performance in Barclays’ investment bank, which benefited from a surge in trading volumes and volatility early in the year. A suspected “fat finger” trade knocked billions from Barclays’ value yesterday Also Read: Barclays to resume dividend as Covid loan provision hits £4.8bn whatsapp The bank said it had set aside £4.8bn for bad loans in 2020, more than double the amount of the previous year.
Rising jet fuel prices could harm already fragile air cargo growth as shippers look likely to seek cheaper transport modes.US airline stocks fell sharply last week in response to an eight-month high in oil prices following violence in Iraq. Although government forces yesterday wrestled back control of Iraq’s biggest oil refinery, it remained closed after workers were evacuated.Last week’s IATA Jet Fuel Price analysis showed prices had risen 3.7% on a week earlier, or 3.9% up on a year ago.Although global inventory levels remain low – which historically can trigger increased airfreight demand – and there is a chance of a US west coast port strike that could lead to emergency transport, shippers are likely to be put off by fuel price rises and uncertainty. By Alex Lennane 20/06/2014 Market growth is already fragile. Airfreight volumes in May were generally higher than last year, but growth has slowed and forwarders have revealed decreasing confidence.The six-month outlook for airfreight, according to the Stifel Logistics’ Confidence Index, fell 3.7 points, with all tradelanes in decline, although outbound Europe saw the sharpest fall, with Europe-US falling 5.3 points and Europe-Asia decreasing 4.8 points. The index is still 4.4 points above last year overall, but June saw a decline of 1.9 points. Danske Bank’s European freight forwarding index also indicated that volumes fell from in May over April.The headline statistic this year – much quoted by those hoping to put a good spin on air cargo growth – was PACTL’s record tonnage in March.Shanghai’s main cargo handler announced international cargo volumes of 121,876 tonnes in March, up 17.8% on the previous year, but this growth is now slowing. May saw volumes fall to 114, 432, down from April’s 115.072. It still remains 14.7% above last year, however.Guangzhou Airport, meanwhile, saw freight volumes rise 11.6%, while Hong Kong reported an 8.3% increase, or 6.2% for the first five months, driven in part by transhipment traffic.Cathay Pacific saw an upswing of demand in May by 13.9% over a year earlier. The carrier said that although major product launches “failed to materialise”, transpacific routes were robust. Europe, however, was weak and the carrier cut back capacity. It noted that exports from Dhaka fell as Bangladesh continued to see unrest in its manufacturing sector.In Bangkok, the main cargo handler, BFS, also ssw growth rates decline. While the numbers suggest that Thailand has yet to see any significant impact of the political unrest in its freight market (although transhipment volumes fell 12%), year-on-year growth fell from 9% in April to 4% in May, while 2014’s cumulative growth fell from 9% to 8%.The continued weakness in Europe saw Lufthansa Cargo’s May volumes fall year-on-year by 3.1%, and cumulatively by 3.2%, although load factors remained steady at 68.5. The best figures from the group were in Asia.Subsidiary Swiss bucked the trend with revenue tonne km rising 9.9%, and load factors reaching 72.4%. Fraport, the Frankfurt-headquartered airport group, saw cargo rise 6.9%, exactly the same as Heathrow, which saw volumes to Mexico rise 54%, China 38% and Brazil 21%. American Airlines Cargo and US Airways’ combined growth was 6.4% up in May.With summer belly capacity at its height and jet fuel prices on the rise, continued pressure on yields seems more than likely.“Recent developments in the demand environment suggest that growth could weaken in months ahead, “ said IATA in is cargo e-chartbook.“Business confidence has flattened and world trade volumes have started to decline.”It cited high jet fuel prices and new aircraft deliveries as keeping downward pressure on yields.
Twitter New Arles road opens but disquiet over who was invited to official opening By LaoisToday Reporter – 30th September 2018 Charlie Flanagan on Electric Picnic: ‘I’d ask organisers to consult with community leaders’ WhatsApp Previous articleProperty Watch: Five homes in Laois for sale for €150,000Next articleLIVE BLOG: Follow all of the action from this evening’s Laois SFC semi-finals in O’Moore Park LaoisToday Reporter Council Pinterest Jim and Jane WallaceSEE ALSO – Internationally-acclaimed movie filmed in Laois set for homecoming TAGS2004Abbeyleix Five Laois monuments to receive almost €200,000 in government funding Twitter Anita Bonham, Deirdre Moynan and Irene Bonham at the Abbeyleix & District Lions Club First Anniversary Charter Celebration in The Abbeyleix Manor Hotel. Picture: Alf Harvey. There’s nothing like photos from a Black Tie event.This week our Moment in Time feature looks back on a dinner in Abbeyleix on the first weekend in October in 2004.And Alf Harvey’s images make for great snapshot in time as usual.The event in the Abbeyleix Manor Hotel was organised by the Abbeyleix and District Lions Club.Among those in attendance were Kevin Hutchinson, the then-president of the Abbeyleix and District Lions Club as well as Syl Murphy, its regional chairman, and John O’Donovan, the District Governer.Also in attendance was Michael Martin, then principal of Ballinakill NS and now a leading light in the Laois Simon Community among other things.Des Sutton, who is principal of the Holy Family Senior School in Portlaoise, was there with his wife, Edel, who sadly passed away just a few years later in 2007. Des and Edel’s daughter Claire was Laois Rose in 2007.The style was impressive. We’ve no doubt those featured will enjoy looking back.Darragh Martin, Emma Hutchinson, Kevin Hutchinson, president Abbeyleix & District Lions Club and Catherine Hutchinson.Andy Ring, Jacinta and Micheal MartinAnita Bonham, Deirdre Moynan and Irene BonhamValerie McDonald, Edel Sutton, David McDonald and Des SuttonAllison O’Connell, Jane Wallace, Catherine Hutchinson and Jacinta MartinAt the Abbeyleix & District Lions Club First Anniversary Charter Celebration in The Abbeyleix Manor Hotel. From left: Patty Murphy, Frank Brennan, past president; John O’Donovan, District Governor; Syl Murphy, Regional Chairman; Kevin Hutchinson, president Abbeyleix & District Lions Club; Therese O’Donovan and Catherine Hutchinson.Paul O’Toole, Liam Og Hyland, Eddie Kilbane, Aubrey Nuzum and Stuart HudsonMichael Broderick, Tony Roe, Padraig Hyland and Barry HylandKatie McEvoy and Therese Kavanagh Home We Are Laois Moment in Time Moment in Time: Black Tie event in Abbeyleix in 2004 We Are LaoisMoment in Time Moment in Time: Black Tie event in Abbeyleix in 2004 RELATED ARTICLESMORE FROM AUTHOR Community WhatsApp Facebook Facebook Pinterest Community
Insurance advisors are facing a variety of regulatory changes that could impact their businesses substantially in the next few years, according to Grant Swanson, executive director of the licensing and market conduct division at the Financial Services Commission of Ontario (FSCO). Speaking at the Independent Financial Brokers (IFB) fall summit in Toronto on Tuesday, Swanson said the changes are largely in response to weak economic conditions, the prolonged period of low interest rates, and the ongoing fallout from the sub-prime mortgage crisis. Secure your business against cybercrime “As a result of the [sub-prime] crisis, there’s been a lot more attention put on regulation, and asking, ‘how can we ensure that the problems that occurred three years ago don’t happen again?’” he said. “It affects your lives.” Here are three regulatory developments that should be on advisors’ radar. 1. Globalization of standards Regulatory standards for the financial services industry are increasingly being set at an international level, Swanson said. Specifically, the International Association of Insurance Supervisors (IAIS) released a new version of insurance core principles last year, which constitutes the globally accepted framework used in the evaluation of insurance regulators. “This is really the beginning of the globalization of standards,” Swanson said. Although it’s not necessarily mandatory for Canadian regulators to meet these new global standards, Swanson said it’s important for them to comply in order to uphold the country’s reputation. “This is really very significant to Canada,” he said. “The quality of Canada’s reputation is affected by our ability to meet these international standards.” The International Monetary Fund (IMF) will be conducting an audit of Canadian insurance regulators next year, to assess their compliance with the core principles. Some aspects of the new principles, including the market conduct rules, pertain specifically to insurance advisors, Swanson said. Thus, he encourages advisors to familiarize themselves with the rules. 2. Electronic commerce As digital technology becomes increasingly prominent, regulators are turning their attention to the supervision of business conducted electronically. The Canadian Council of Insurance Regulators (CCIR) is set to release a position paper for consultation in the coming months, setting out proposals in this area, Swanson said. Specifically, the paper will address topics such as rate-comparison websites, and whether they should be subject to supervision; and whether consumers should have access to advice from a licensed agent when they’re using an electronic channel to purchase insurance policies. “This can cover a wide waterfront of issues,” Swanson said. 3. National disciplinary database In an effort to make it easier for clients to identify advisors who have engaged in misconduct, regulators are taking steps to establish a Canada-wide disciplinary action database, Swanson said. Currently, regulators in each province post disciplinary proceedings on their respective websites. However there’s no database containing such actions on a national scale. “It’s very, very difficult to go to one place and see if somebody has a disciplinary action in another province. And people can be licensed in different provinces,” Swanson said. “A lot of people have asked for this over the years.” The project to launch this national database is currently underway, Swanson said. Facebook LinkedIn Twitter Life insurers missing out on younger clients Megan Harman Share this article and your comments with peers on social media Disability insurance needs not being met Three big mistakes to avoid when hiring staff Related news Keywords Insurance regulationsCompanies Independent Financial Brokers of Canada
IE Staff Canaccord reports record revenues, drops proposal to acquire RF Capital Wealth management firm MacDougall, MacDougall & MacTier Inc. (3Macs) Wednesday announced the acquisition of Toronto-based Castellum Capital Management Inc. Karen Shoffner, president and Owen Phillips, executive vice president will become part of 3Macs subsidiary MacDougall Investment Counsel Inc., which is dedicated to serving the investment management needs of individual investors, foundations and institutions on a discretionary basis. Keywords Wealth managementCompanies MacDougall, MacDougall & MacTier Inc. One in five Canadian investors plans to switch wealth providers: EY study Earlier this year, 3Macs announced a strategic growth plan to increase its national footprint and bring its more than 160-year history and expertise to more Canadian investors and institutional type clients. The acquisition of Castellum signals another milestone for the firm. “This is a transformative year for 3Macs and MacDougall Investment Counsel Inc. as we continue to build on our success and invest in our platform to better serve the needs of our clients, advisors and portfolio managers,” says Randy Ambrosie, 3Macs CEO. “The expertise and values shared by Karen and Owen in managing wealth aligns perfectly with MacDougall Investment Counsel’s philosophy.” The acquisition of Castellum, scheduled to close in November, will strengthen both 3Macs and MacDougall Investment Counsel’s position as a leading independent wealth management organization. Since announcing its acquisition of two Desjardins Securities branches located in Toronto and North York, earlier in the year, the firm has been steadily increasing its assets under management. In August, 3Macs also announced an investment in a state-of-the art technology platform with Fidelity Clearing Canada ULC. Share this article and your comments with peers on social media TD getting new head of private wealth, financial planning Facebook LinkedIn Twitter Related news
Related news Bitcoin surge doesn’t affect damages, B.C. court says The Superior Court of Justice — Ontario has denied certification of a proposed shareholder class-action lawsuit against mining firm Silvercorp Metals Inc. The shareholders had sought to sue the company alleging that its deficient disclosure caused their losses. According to the court decision, the proposed plaintiff in the case argued that he lost money after short sellers posted negative information about Silvercorp on the Internet. The company then saw its share price drop 20%. “The short-sellers made a huge profit; the shareholders lost millions,” the decision states. “The mining company publicly denied the allegations in the Internet postings and tried to show that no misrepresentations were made. To no avail. class actions were filed in the U.S. and Canada, including this one in Toronto.” The anonymous postings questioned the company’s financial accounting, as well as its mineral estimates, production numbers and mineral grade levels. The company tried to publicly refute those allegations, and the B.C. Securities Commission (BCSC) launched an investigation into the company’s technical disclosures. In response, Silvercorp retained AMC Mining Consultants, which drafted a technical report examining the firm’s ore production, and provided updated estimates of future production. Ultimately, the BCSC closed its investigation with no action. The BCSC later brought fraud charges against one of the primary short-sellers, who made $2.8 million when the company’s share price collapsed. However, a BCSC hearing panel dismissed the allegations against him, ruling that while his conduct was “morally unsupportable”, it didn’t amount to fraud. See: BCSC dismisses fraud allegations against hedge fund manager The proposed shareholder class action alleged that the AMC report proved that the company’s previous disclosure was misleading. “The gist of the plaintiff’s complaint is that the AMC [report] shows that the earlier representations about mineral production and grade levels as set out in the [company’s reports] were over-stated and, in a word, untrue,” the court decision states. As a result, the plaintiff alleged misrepresentation, a lack of timely disclosure, and negligence in producing reports that it knew, or should have known, had not been prepared in accordance with industry standards or properly audited. However, the court ruled that even if the various “deficiencies” identified by the securities commission “could be characterized as possible negligence this alone is not enough to clear the [certification] hurdle, especially when it appears that the commission was content with the AMC retainer and no further action was taken.” Similarly, the court found that there is no prospect of succeeding at a trial on the allegations of a lack of timely disclosure by the company, and it concluded that the misrepresentation claim should not be certified either. The motions for leave and certification was dismissed by the court. James Langton Universal life policies can’t be used for unlimited deposits, appeal court rules Facebook LinkedIn Twitter Keywords Lawsuits Share this article and your comments with peers on social media Court approves data breach settlements with BMO, CIBC
Dr. Tufton Endorses Agricultural Diversification AgricultureFebruary 5, 2010 FacebookTwitterWhatsAppEmail Minister of Agriculture and Fisheries, Hon Christopher Tufton, has endorsed the signing of four new contracts, Wednesday (February 3), under the European Union’s (EU) Banana Support Programme (EUBSP), which aim at diversifying Jamaica’s agricultural sector.The signing ceremony at the Bodles Research Station, Old Harbour, St. Catherine saw the inking of contracts totaling $169 million with Forest Conservancy, the Cocoa Industry Board, Christian Aid and the Competitiveness Company.Minister of Agriculture and Fisheries, Dr. Christopher Tufton (right), and Head of the Rural Development Section, European Union, Federico Berna, converse during the reopening of the rehabilitated artificial insemmination lab and handing over of a high-tech greenhouse, at Bodles in Old Harbour, St. Catherine, Wednesday (February 3).The agreements are for grants for projects in communities affected by the fallout in the banana sector, and are aimed at increasing the production of alternative crops, as well as infrastructure improvements, training and the establishment of new markets.Speaking at the function, Dr. Tufton said his Ministry fully endorsed efforts to find alternative economic activities, as well as the thrust to resuscitate rural life by organising communities around certain projects.He commented that the concentration of economic activities in urban centres was a “mistake”, and that Jamaica’s development depended largely on the economic development of rural communities.“If you create opportunities, no matter how simple it seems, and you provide those opportunities for Jamaicans who reside in the rural parts of our country, those opportunities have tremendous spin-offs and will aid in the process of development across the landscape of our country,” he insisted.Minister of Agriculture and Fisheries, Dr. Christopher Tufton (right), hands over the contract for a project to be undertaken under the European Union (EU) Banana Support Programme to Competitiveness Associate at The Competitiveness Company, Jhenelle McIntyre, during a ceremony in which three other contracts were also signed and an artificial insemination lab and a high-tech greenhouse handed over to the Ministry, at Bodles Research Station, Old Harbour, St. Catherine, Wednesday (February 3). Looking on is Head of the Rural Development Section, European Union, Federico Berna.Noting that most of rural Jamaica depends on Agriculture, he said the failure of the sector would lead to the demise of rural life. He commended the EU programme for its support to small agricultural projects in rural Jamaica.He stated that evidence has shown that it is not necessarily multi-million dollar projects that provide the desired multiplier effects, but small businesses such as those supported by the EUBSP.Wednesday’s ceremony also included the official reopening of a newly rehabilitated and equipped Artificial Insemination Lab and the handing over of a high-tech greenhouse. The lab is the first and only of its kind in the English-speaking Caribbean.The projects were completed through the collaborative efforts of the Ministry of Agriculture and Fisheries, the Rural Agricultural Development Authority (RADA) and the EUBSP.Head of the Rural Development Section, European Commission to Jamaica, Frederico Berna, commended the Ministry on its work to encourage local food production, and said the EU was pleased to be a partner in the project. RelatedDr. Tufton Endorses Agricultural Diversification RelatedDr. Tufton Endorses Agricultural Diversification RelatedDr. Tufton Endorses Agricultural Diversification Advertisements
Half of Londoners likely to have Covid jab if offered, according to latest Mile End Institute poll Queen Mary University of LondonMore than a third of respondents (35 per cent) had already received their first dose of a vaccine. Of those who hadn’t been vaccinated, younger Londoners were less likely to get vaccinated, with almost a fifth (19 per cent) of 18-24 year olds saying they are unlikely to have the vaccine if offered to them.The poll indicates that efforts to promote the uptake of the vaccine among ethnic minority groups have so far been successful with Black, Asian and Minority Ethnic (BAME) Londoners even more likely to say they will have the vaccine (56 per cent) compared to White Londoners (46 per cent). However, the poll results show that fewer BAME Londoners have received the vaccine since January (22 per cent) in comparison to White Londoners (44 per cent).Dr Patrick Diamond, Associate Professor of Public Policy at Queen Mary and Director of the Mile End Institute, said: “The results suggest that efforts to combat vaccine hesitancy among BAME communities are having some impact, building on the perceived success of the national vaccination programme. However, our results show that so far, fewer BAME voters have actually received a vaccine. It is far too soon to declare victory in efforts to combat racial inequality in vaccine uptake.”Handling of the pandemicIn terms of how well or badly voters think the nation’s leaders are handling the pandemic, Boris Johnson’s position has improved by nine percentage points since the last poll in November, with 37 per cent now saying he is doing well in comparison to 28 per cent. The number of voters who think he is doing badly has also fallen from 64 per cent to 59 per cent.While Londoner’s generally positive view of Sadiq Khan’s handling of the pandemic has remained steady, more Londoners think Keir Starmer is handling the pandemic badly (39 per cent) than well (34 per cent). Even so, Labour remains electorally strong across the capital.Dr Patrick Diamond added: “Boris Johnson’s leadership ratings have improved in London, buoyed no doubt by the perceived success of the Government’s vaccination programme. Sadiq Khan is also doing well. The difficulty for Keir Starmer is that unlike the prime minister and the mayor, he has less opportunity to prove his competence and effectiveness when he is merely leader of the opposition. He can only say but he cannot do.”More information All figures are from fieldwork conducted for the Mile End Institute (which should be credited as the commissioner and designer of the survey) by YouGov Plc. Fieldwork was conducted online between 29 March – 1 April 2021. Total sample size was 1,192 adults living in inner and outer London. The figures have been weighted and are representative of all adults in London (aged 18+). YouGov is a member of the British Polling Council and abide by their rules. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Asian, Boris Johnson, British, building, Commissioner, director, Government, inequality, leadership, London, Minister, pandemic, Prime Minister, Professor, Queen, Queen Mary University of London, university, vaccination
Clark County Today presents “Our School” project A daily series to highlight Clark County’s high schools, what makes them special, as told by students.Read more AdvertisementThis is placeholder textTags:CamasClark CountyLatestOur Schoolshare 0 Previous : Trucker donates enough food to serve more than 1,000 meals to Woodland’s children Next : Clark County adds 19 confirmed COVID-19 cases, one more death over the weekendAdvertisementThis is placeholder text Posted by Paul Valencia|Sunday, March 29, 2020 |in : Youth Our school: Camas PapermakersPosted by Paul ValenciaDate: Monday, April 13, 2020in: Youthshare 0 City and school take pride in each other as PapermakersThe school has powerhouses in football and gymnastics.Drama and choir are the talk of the community, as well.And of course, the academics. The science. The math. All of the academics.Everything at Camas is big.Yet small, too.That is why Camas High School is so successful.Chloe Higgins said seniors at Camas High School will always be connected through memories. Photo courtesy Chloe Higgins.“The thing that makes Camas really special is what makes the town itself special. We have that small-town feel, but it’s a large school. You have this sense of connectedness,” senior Chloe Higgins said. “Camas, the community, makes it a great school,” added Audrey Tehrani, a senior and the student body president. “All the teachers are super helpful with all of the students. There are great relationships with each grade between teachers and administrators. Just makes it a lot easier to be happier at school and more positive. “The small town makes it a great community. Everyone knows each other, and they are able to bond well.”Tehrani has been in leadership since her middle school days. She is also a member of the National Honor Society.There might not be enough room on the internet to list all of Higgins’ activities and achievements. A brilliant mind and artist, she is in the Magnet program (math, science, technology), plus she is an actress and in the choir. As the ASB sergeant at arms, she used her voice to handle the daily announcements at school. At Camas, the students miss the big things, and the little things, too.“I would tell a joke every day,” Higgins said. “It was the nicest part of my morning, the energy needed to get through the day.”She calls the teachers at Camas “caring and very genuine.” And she appreciates her classmates.“We represent so many great groups of people with different opinions and different beliefs,” she said. “It doesn’t bring conflict. It enriches our experience together.”Audrey Tehrani, the student body president at Camas, said positivity and helping others were her main goals. Photo courtesy Audrey TehraniTehrani said she took for granted seeing her teachers and classmates every day.“I really miss that social interaction. I enjoyed my classes this year,” she said.There will be no more In-building learning this academic year. The students of Camas still have each other, though, and they still have one of the most famous mascots in Washington: The Papermaker. “It’s so iconic,” Higgins said. “Especially during football season when we go all-in and crazy. Everyone is completely in love of being from Camas. … We have a good thing going on.”Seeing The “C” or the Papermaker brings joy to Tehrani.“It makes me feel good,” Tehrani said. “Our community is so close. It makes me feel a sense of pride in my town. The accomplishments the school makes are huge in the community. The accomplishments are celebrated by the community.”Higgins also wanted to point out that she and many of her classmates understand they have it a lot better than most. The schools are well funded, and many of the families are economically stable.“We can be advocates for people who do not have that,” Higgins said. Tehrani said that is certainly a goal of leadership.“It has really shown me community service,” she said of her experience in ASB. “You have to do what’s good even when nobody’s watching. It has shown me to make a positive out of any negative situation. Do what you can to improve your school and town. “I just love the impact I can have on people through leadership,” Tehrani added. “It was where I felt most comfortable. I wanted to leave a legacy at Camas High School of positivity and helping others through community service.” Advice to other students during the school closure:“To remember everything comes in seasons. There will be seasons in life. This is just one of the down seasons. This, too, will pass,” Higgins said. And to the seniors: “We will have life after this, and we will be connected through this. Connections come through trauma. We’ll always have this town, and we’ll always have the memories. We’ve made tremendous memories. We will come out of this with a fresh new perspective. We will be so grateful for what we have.”Tehrani wants others to take advantage of this ever-changing situation.“Use this time to slow down. Sometimes life is so busy and fast you don’t get to take in the small, good things in life,” Tehrani said. “It will be a good time to spend time with family and learn about yourself. Do things by yourself you never had time for.”More schools:
advertisement The Rolls-Royce Boat Tail may be the most expensive new car ever The company has also taken a 1966 Beetle and added an electric drivetrain, meaning the little Bug can now do highway speeds. There are some people who don’t like what the boys at Zelectric are doing to vintage cars, but in our mind, if you’re making them faster and more reliable, there’s nothing wrong with that. Zelectric conversions are said to be completely reversible as well, so there is no harm done. Trending Videos ‹ Previous Next › A Californian company called Zelectric has converted a 1967 Porsche 912 into a fully functioning and daily-drivable electric classic, The Verge reports.When new, the Porsche 912 sat at the bottom of the line for Porsche sports cars, being driven by a weak four-cylinder from the previous 356. Lots of swaps have been done to put the upgraded flat-six into 912s, but the future is electric, so why not oblige?Under the hood (er, trunk) of the 912 is the motor, inverter and rear differential from a Tesla Model S P85. A smaller 32-kWh pack from LG Chem is used instead of the Tesla battery, and it’s been split into two 16-kWh packs in order to keep the weight of the car balanced. The 912 now makes 550 horsepower and 4,500 lb.-ft. of torque. Take that, 911. PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. See More Videos COMMENTSSHARE YOUR THOUGHTS Range is expected to be about 225 kilometres, if you’re not flooring it everywhere.If you want one, Zelectric is planning on selling a kit for roughly US$50,000, meaning if you have an old 912 and want it to have more pep, you can perform the work yourself. If you’re less than handy, Zelectric will build it for you for US$100,000. RELATED TAGSPorscheLuxuryClassic CarsElectric CarsClassic Cars & TrucksElectric VehiclesLuxury VehiclesNew Vehicles Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” Trending in Canada