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New arts cafe for Huntingdon's Commemoration Hall huntspost.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from huntspost.co.uk Daily Mail and Mail on Sunday newspapers.
Company gets $1.9M loan for PPE production, concerns about supply chain continue kitchener.ctvnews.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitchener.ctvnews.ca Daily Mail and Mail on Sunday newspapers.
Swenco Ltd. received a FedDev Ontario repayable contribution of over $1.9 million to expand operations for the full-time production of COVID-19-related personal protective equipment. Swenco Ltd. has established a second Waterloo-based facility dedicated to the full-time production of surgical face masks for domestic and international supply. With this investment, the company outfitted its new facility with a certified clean room and specialized manufacturing equipment for mask production. Swenco Ltd. will produce 7.6 million masks per month upon project completion, with more than 75 per cent of the masks to be sold domestically to aid Canada’s COVID-19 relief efforts and increase domestic production capacity. ....
KITCHENER A Waterloo Region company producing surgical masks amid the COVID-19 pandemic has received a repayable contribution of $1.9 million from the federal government. Swenco Ltd. built a second facility to produce surgical face masks, including a certified clean room and specialized equipment to manufacture masks. In a news release, the government said the company will be able to produce 7.6 million masks per month and will sell more than 75 per cent of their products will be sold domestically. “The Government of Canada is committed to enhancing our domestic and international supply of certified PPE with made-in-Canada solutions. Through FedDev Ontario, today s investment in Swenco Ltd. again answers the call to action to ensure vital equipment is available for essential frontline workers across Canada, while creating jobs right here in Waterloo Region, said Waterloo MP Bardish Chagger in the release. ....
Although withdrawing money from a pension fund appears a remarkably simple means of plugging an income shortfall, even if it’s a relatively temporary one, most finance professionals would caution against such a move, believing it should be a last resort The pandemic’s impact “has caused many people to reassess their financial affairs,” says Henry Gaskin, chief investment officer at award-winning Chartered Financial Planners, SG Wealth Management. “We’ve seen a wide spread of financial outcomes so far this year, from people who have been able to save more (with their income unchanged and expenditure down), to others who have been extremely hard hit through disruption of their work and/or family affairs.” ....