![]() Poilievre slams Bernier’s Brandon visit as ‘stunt’ Colin Slark 5 minute read 3:00 AM CDTĬonservative Party of Canada Leader Pierre Poilievre had harsh words for Maxime Bernier’s over the latter’s appearance at a recent Brandon School Division board of trustees meeting. Klemick currently serves as president of CUPE Local 2096, which represents 44 health-care workers. ![]() “This is certainly going to impact the community since other health services are already overwhelmed - where are people going to go?” Klemick said in a Friday afternoon news release from Canadian Union of Public Employees Local 2096. Without these seven workers, Klemick is unsure if the Brandon Clinic can still provide a lot of the services mentioned above, which means that Westman residents seeking care will need to visit the Brandon Regional Health Centre or some other local health-care entity instead. These seven health-care workers - five full-time nurses, one casual nurse and one person responsible for transcription - were allegedly told about their termination Friday morning, which came as a “huge shock” to 16-year veteran of the clinic Dawna Klemick. The Brandon Clinic has laid off seven health-care workers who are responsible for providing a variety of important services for the entire Westman region, including biopsies, excisions, mental health exams, dressings and pediatric support. The CCMS will also support the industry shift to a T+1 settlement cycle for the Canadian and US markets in 2024, to promote increased efficiencies and collateral mobility, while reducing operational risk.Brandon Clinic job cuts ‘huge shock’ Kyle Darbyson 3 minute read 3:00 AM CDT The initial phase of the CCMS will be offered to market participants in Canada’s secured funding market, providing an automated and efficient process throughout the transaction cycle. Targeted for launch in the third quarter of 2023, the new CCMS will facilitate optimisation and collateralisation of securities finance activities throughout the Canadian market. Clients will also benefit from Clearstream’s industry-leading technology and digital innovation, such as the cloud-based, digital collateral schedule capability known as OSCAR.” CCMS will deliver increased liquidity and efficiency while minimising exposures, supporting the Canadian market on its endeavor to move to T+1. In TMX, we have found an excellent partner to deliver our proven first-class triparty repo capability to the Canadian market. Sam Riley, Chief Executive Officer of Clearstream Securities Services, added: “It is at the heart of Clearstream’s collateral management strategy to provide our clients with reliable and scalable state-of-the-art solutions that reduce the frictional costs of trading through transparency and automation. The new CCMS will enable our clients to better meet the continuously evolving collateral requirements of today’s markets, while supporting the growth of repos as an investment product for Canadian buy and sell side clients.” “In keeping with our purpose to make markets better and empower bold ideas, TMX is firmly committed to seeking out innovative, workable solutions to client challenges and strengthening Canada’s financial ecosystem. “We are pleased to work together with Clearstream, a world-leader in post-trade infrastructure and securities services in pursuit of a customised mobility and liquidity solution for Canada’s secured finance industry,” said John McKenzie, Chief Executive Officer of TMX Group. Together, TMX Group and Clearstream are working to leverage the combined strength of their complementary services to develop and deliver the CCMS, which will include the introduction of Canada's first domestic triparty repo capability. ![]()
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