Strategy to be Discussed at Geology Matters

first_imgNova Scotia’s natural resources strategy will be among the topics highlighted at the 35th annual Geology Matters 2011 conference, Monday, Oct. 24 and Tuesday, Oct. 25, in Halifax. “We are bringing the message of Nova Scotia’s natural resources strategy, that resources such as minerals will be managed sustainably to continue to bring jobs, economic growth, environmental protections, and a greater quality of life to Nova Scotia,” said Charlie Parker, Minister of Natural Resources. The Geology Matters theme is Growing the Economy. Mining employs thousands of Nova Scotians and contributes close to $500 million annually to the provincial economy. “Despite general economic uncertainties globally, there is excellent opportunity in the mining industry in Nova Scotia, a province with favourable mineral endowment and infrastructure to support exploration, development, and production,” said Pat Mills, president of the Mining Association of Nova Scotia. “Now is the time for industry, government, and other key groups to seize the moment in this province, and the Geology Matters conference helps to build that momentum.” Monday will feature a presentation on the goals and actions of the province’s natural resources strategy, The Path We Share, released in August, and a keynote address by Mr. Parker. The day will also include a student workshop to introduce students to the programs of the mineral resources branch of the Department of Natural Resources, as well as employment opportunities in geosciences. On Tuesday, the Wetlands 101 workshop will teach delegates about the province’s wetlands and the policies and regulations in place to protect them. There will be displays and presentations by Natural Resources, universities, prospectors, Natural Resources Canada, companies engaged in mineral exploration, development, and mining, and other groups. The conference will feature numerous guest speakers. To learn more, visit www.gov.ns.ca/NATR/MEB/oh/index.asp .last_img read more

TD joins list of Canadian banks raising dividend

[np_storybar title=”Our love affair with debt keeps banks on top” link=”https://business.financialpost.com/2012/08/28/our-love-affair-with-debt-keeps-canadas-banks-on-top/”%5DCanadian banks are living up to their reputation for cranking out profits even in brutal conditions — and they have Canadians’ appetite for debt to thank. But for how long? [/np_storybar]TORONTO — TD Bank has joined the list of Canadian banks raising its dividend in the third quarter, pushing it 7% higher on improved earnings.The bank says its quarterly dividend will be 77 cents, an increase of five cents.Meanwhile, the bank reported Thursday that quarterly net income rose to $1.7 billion, or $1.78 per share, from $1.49 billion or $1.58 a share, in the comparable year-earlier period.[np-related /]After adjustments, the bank’s net income was $1.82 billion or $1.91 per diluted share.Revenue increased to $5.84 billion from $5.38 billion.Analysts had estimated that, on average, the bank would earn $1.84 per share, according to Thomson Reuters. Revenues were projected at $5.79 billion.TD raised its dividend in the first quarter of 2012 despite a drop in net income. In the second quarter, TD was the biggest gainer among Canadian banks, seeing profits rise nearly 21% from the year-earlier period.But chief executive Ed Clark warned at the time that slowing loan growth and persistently low interest rates could impact growth over the rest of the year.Earlier this month, TD sold its U.S. insurance business to USI Insurance Services for an undisclosed price.TD Bank is one of North America’s biggest retail banks, with operations across Canada and in several parts of the U.S. northeastern and mid-Atlantic states. [np-related /] read more