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Guelph, Ont. council formally condemns resolution letter on Bills 5 and 17
Guelph, Ont. council formally condemns resolution letter on Bills 5 and 17

Global News

time12-06-2025

  • Politics
  • Global News

Guelph, Ont. council formally condemns resolution letter on Bills 5 and 17

A Guelph, Ont., city councillor's criticism of the Ford government's controversial Bill 5 will be heard at Queen's Park. On Tuesday, city staff unanimously approved Ward 5 Coun. Leanne Caron's resolution of bills 5 and 17. The letter formally condemns the Bills. However, Caron said she's not confident it'll land in the hands of Ontario Premier Doug Ford. 'Bill 23 and Bill 124 did not get more housing built and those were bills in the last term of this government that were promised more housing. So, I just don't believe that this government is listening, and this letter will fall on deaf ears,' Caron said. Bill 5 received royal assent on June 5, and it includes legislation that gives the Ontario government the power to designate some areas as special economic zones to speed up economic development projects. Story continues below advertisement Bill 17, Protect Ontario by Building Faster and Smarter Act, was passed in May and focuses on the province's goal of building more homes, infrastructure and businesses. Get breaking National news For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. Sign up for breaking National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy Caron said the bill doesn't build economic growth, as it overlooks provincial laws and ignores environmental protections. Critics argue Bill 5 takes away rights from Indigenous groups. Caron said the federal government has a role to play, including Dominique O'Rourke, a former councillor and current MP for Guelph. 'As a former city councillor, she (O'Rourke) was a champion for some of these protections and local land-use planning regulations that we've put in place to build great cities,' Caron said. Global News attempted to contact O'Rourke, but she was unavailable to provide comment by the time of publication. Mike Schreiner, MPP for Guelph and leader of the Green Party of Ontario, said he's happy to see council pass the resolution against the bill. He refers to Bill 5 as a 'power grab' by Ford. 'He's essentially given himself and his hand-picked cabinet ministers the power to select hand-picked companies or projects who can operate in special economic zones and have laws applied or not applied to them,' Schreiner said. Caron also believes Schreiner's voice is being heard in Ottawa. Story continues below advertisement Schreiner said multiple groups of people are expressing their concerns over the bill, including Indigenous organizations, environmental and labour groups, and farmers, and he said it's going to take that kind of citizen mobilization to put pressure on Ford to repeal Bill 5. 'People are mobilizing to oppose Bill 5 in the same way they mobilized to force the premier to backtrack on his plans to open the Greenbelt for development,' he said. Moving forward, Caron said the city will take a wait-and-see approach and continue to focus on issues surrounding affordability and housing. 'There's still a lot that this city needs to do to move forward on our city-building agenda and we're going to need the province to be partners on that,' she said.

Virtus Total Return Fund Inc. Bolsters Strategy with Portfolio Manager
Virtus Total Return Fund Inc. Bolsters Strategy with Portfolio Manager

Yahoo

time30-05-2025

  • Business
  • Yahoo

Virtus Total Return Fund Inc. Bolsters Strategy with Portfolio Manager

Newfleet's Benjamin Caron added as portfolio manager HARTFORD, Conn., May 30, 2025--(BUSINESS WIRE)--Virtus Total Return Fund Inc. (NYSE: ZTR) today announced that Newfleet Asset Management's Benjamin Caron, CFA, senior managing director and portfolio manager, has been added as a portfolio manager on the Fund, which is managed by Newfleet and Duff & Phelps Investment Management Co. Caron, with over 25 years of experience in the investment industry, is a member of Newfleet's multi-sector portfolio management team that manages several multi-sector fixed income open-end and closed-end mutual funds, ETFs, and off-shore vehicles, including Global Multi-Sector Income, Low Duration Core Plus Bond, Short Duration Core Plus Bond ETF, and Multi-Sector Bond ETF. "As an industry veteran, Ben continues to be an invaluable resource as his background and expertise supports our focus of building out our strategies to meet our clients' needs," said David L. Albrycht, CFA, Newfleet's president and chief investment officer, who also manages the Fund with Steven Wittwer, CFA, executive managing director and senior portfolio manager, and Rodney Clayton, CFA, managing director, portfolio manager, and senior research analyst, both of Duff & Phelps. Caron was also added as a portfolio manager to the GF Multi-Sector Income, Multi-Sector Intermediate Bond, and Multi-Sector Intermediate Bond Series. He earned a B.A. from Syracuse University and an M.B.A. from Suffolk University and is a Chartered Financial Analyst (CFA®) charterholder. With Caron's addition, Connie Luecke, CFA, senior managing director and senior portfolio manager at Duff & Phelps, will step down as portfolio manager to the Fund effective today. Luecke remains a portfolio manager to DNP Select Income Fund Inc., a closed-end fund advised by Duff & Phelps. About the Fund Virtus Total Return Fund Inc. is a diversified closed-end fund. Its investment objective is capital appreciation, with income as a secondary objective. Virtus Investment Advisers, LLC, a registered investment adviser and an affiliate of Virtus Investment Partners, Inc., is the investment adviser and Duff & Phelps Investment Management Co. and Newfleet Asset Management are the subadvisers to the Fund. For more information on the Fund, contact shareholder services at (866) 270-7788, by email at closedendfunds@ or through the Closed-End Funds section of Fund Risks An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund's shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a premium or discount to their NAV. For more information about the Fund's investment objective and risks, please see the Fund's annual report. A copy of the Fund's most recent annual report may be obtained free of charge by contacting "Shareholder Services" as set forth at the bottom of this press release. About Duff & Phelps Investment Management Co. Duff & Phelps Investment Management Co. pursues investment strategies with exceptional depth of resources and expertise. With more than 35 years of experience managing investment portfolios, Duff & Phelps has earned a reputation as a leader in investing in global listed infrastructure, global listed real estate, clean energy, and diversified real assets in institutional separate accounts and open- and closed-end funds. For more information, visit About Newfleet Asset Management Newfleet Asset Management provides comprehensive fixed income portfolio management in multiple strategies. The Newfleet Multi-Sector Strategies team that manages the Virtus Total Return Fund Inc. employs active sector rotation and disciplined risk management in portfolio construction, avoiding interest rate bets, and remaining duration neutral to each strategy's stated benchmark. Newfleet Asset Management is a division of Virtus Fixed Income Advisers, LLC, which is a registered investment adviser affiliated with Virtus Investment Partners. For more information, visit About Virtus Investment Partners, Inc. Virtus Investment Partners (NYSE: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. We provide investment management products and services from our investment managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at There can be no assurance that the portfolio will achieve its investment objectives. An investment in the portfolio is subject to the risk of loss of principal; shares may decrease in value. View source version on Contacts For Further Information: Shareholder Services(866) 270-7788closedendfunds@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Virtus Total Return Fund Inc. Bolsters Strategy with Portfolio Manager
Virtus Total Return Fund Inc. Bolsters Strategy with Portfolio Manager

Business Wire

time30-05-2025

  • Business
  • Business Wire

Virtus Total Return Fund Inc. Bolsters Strategy with Portfolio Manager

HARTFORD, Conn.--(BUSINESS WIRE)-- Virtus Total Return Fund Inc. (NYSE: ZTR) today announced that Newfleet Asset Management's Benjamin Caron, CFA, senior managing director and portfolio manager, has been added as a portfolio manager on the Fund, which is managed by Newfleet and Duff & Phelps Investment Management Co. Caron, with over 25 years of experience in the investment industry, is a member of Newfleet's multi-sector portfolio management team that manages several multi-sector fixed income open-end and closed-end mutual funds, ETFs, and off-shore vehicles, including Global Multi-Sector Income, Low Duration Core Plus Bond, Short Duration Core Plus Bond ETF, and Multi-Sector Bond ETF. 'As an industry veteran, Ben continues to be an invaluable resource as his background and expertise supports our focus of building out our strategies to meet our clients' needs,' said David L. Albrycht, CFA, Newfleet's president and chief investment officer, who also manages the Fund with Steven Wittwer, CFA, executive managing director and senior portfolio manager, and Rodney Clayton, CFA, managing director, portfolio manager, and senior research analyst, both of Duff & Phelps. Caron was also added as a portfolio manager to the GF Multi-Sector Income, Multi-Sector Intermediate Bond, and Multi-Sector Intermediate Bond Series. He earned a B.A. from Syracuse University and an M.B.A. from Suffolk University and is a Chartered Financial Analyst (CFA®) charterholder. With Caron's addition, Connie Luecke, CFA, senior managing director and senior portfolio manager at Duff & Phelps, will step down as portfolio manager to the Fund effective today. Luecke remains a portfolio manager to DNP Select Income Fund Inc., a closed-end fund advised by Duff & Phelps. About the Fund Virtus Total Return Fund Inc. is a diversified closed-end fund. Its investment objective is capital appreciation, with income as a secondary objective. Virtus Investment Advisers, LLC, a registered investment adviser and an affiliate of Virtus Investment Partners, Inc., is the investment adviser and Duff & Phelps Investment Management Co. and Newfleet Asset Management are the subadvisers to the Fund. For more information on the Fund, contact shareholder services at (866) 270-7788, by email at closedendfunds@ or through the Closed-End Funds section of Fund Risks An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund's shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a premium or discount to their NAV. For more information about the Fund's investment objective and risks, please see the Fund's annual report. A copy of the Fund's most recent annual report may be obtained free of charge by contacting 'Shareholder Services' as set forth at the bottom of this press release. About Duff & Phelps Investment Management Co. Duff & Phelps Investment Management Co. pursues investment strategies with exceptional depth of resources and expertise. With more than 35 years of experience managing investment portfolios, Duff & Phelps has earned a reputation as a leader in investing in global listed infrastructure, global listed real estate, clean energy, and diversified real assets in institutional separate accounts and open- and closed-end funds. For more information, visit About Newfleet Asset Management Newfleet Asset Management provides comprehensive fixed income portfolio management in multiple strategies. The Newfleet Multi-Sector Strategies team that manages the Virtus Total Return Fund Inc. employs active sector rotation and disciplined risk management in portfolio construction, avoiding interest rate bets, and remaining duration neutral to each strategy's stated benchmark. Newfleet Asset Management is a division of Virtus Fixed Income Advisers, LLC, which is a registered investment adviser affiliated with Virtus Investment Partners. For more information, visit About Virtus Investment Partners, Inc. Virtus Investment Partners (NYSE: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. We provide investment management products and services from our investment managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at There can be no assurance that the portfolio will achieve its investment objectives. An investment in the portfolio is subject to the risk of loss of principal; shares may decrease in value.

Virtus Total Return Fund Inc. Bolsters Strategy with Portfolio Manager
Virtus Total Return Fund Inc. Bolsters Strategy with Portfolio Manager

Associated Press

time30-05-2025

  • Business
  • Associated Press

Virtus Total Return Fund Inc. Bolsters Strategy with Portfolio Manager

HARTFORD, Conn.--(BUSINESS WIRE)--May 30, 2025-- Virtus Total Return Fund Inc. (NYSE: ZTR) today announced that Newfleet Asset Management's Benjamin Caron, CFA, senior managing director and portfolio manager, has been added as a portfolio manager on the Fund, which is managed by Newfleet and Duff & Phelps Investment Management Co. Caron, with over 25 years of experience in the investment industry, is a member of Newfleet's multi-sector portfolio management team that manages several multi-sector fixed income open-end and closed-end mutual funds, ETFs, and off-shore vehicles, including Global Multi-Sector Income, Low Duration Core Plus Bond, Short Duration Core Plus Bond ETF, and Multi-Sector Bond ETF. 'As an industry veteran, Ben continues to be an invaluable resource as his background and expertise supports our focus of building out our strategies to meet our clients' needs,' said David L. Albrycht, CFA, Newfleet's president and chief investment officer, who also manages the Fund with Steven Wittwer, CFA, executive managing director and senior portfolio manager, and Rodney Clayton, CFA, managing director, portfolio manager, and senior research analyst, both of Duff & Phelps. Caron was also added as a portfolio manager to the GF Multi-Sector Income, Multi-Sector Intermediate Bond, and Multi-Sector Intermediate Bond Series. He earned a B.A. from Syracuse University and an M.B.A. from Suffolk University and is a Chartered Financial Analyst (CFA®) charterholder. With Caron's addition, Connie Luecke, CFA, senior managing director and senior portfolio manager at Duff & Phelps, will step down as portfolio manager to the Fund effective today. Luecke remains a portfolio manager to DNP Select Income Fund Inc., a closed-end fund advised by Duff & Phelps. About the Fund Virtus Total Return Fund Inc. is a diversified closed-end fund. Its investment objective is capital appreciation, with income as a secondary objective. Virtus Investment Advisers, LLC, a registered investment adviser and an affiliate of Virtus Investment Partners, Inc., is the investment adviser and Duff & Phelps Investment Management Co. and Newfleet Asset Management are the subadvisers to the Fund. For more information on the Fund, contact shareholder services at (866) 270-7788, by email at [email protected], or through the Closed-End Funds section of Fund Risks An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund's shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a premium or discount to their NAV. For more information about the Fund's investment objective and risks, please see the Fund's annual report. A copy of the Fund's most recent annual report may be obtained free of charge by contacting 'Shareholder Services' as set forth at the bottom of this press release. About Duff & Phelps Investment Management Co. Duff & Phelps Investment Management Co. pursues investment strategies with exceptional depth of resources and expertise. With more than 35 years of experience managing investment portfolios, Duff & Phelps has earned a reputation as a leader in investing in global listed infrastructure, global listed real estate, clean energy, and diversified real assets in institutional separate accounts and open- and closed-end funds. For more information, visit About Newfleet Asset Management Newfleet Asset Management provides comprehensive fixed income portfolio management in multiple strategies. The Newfleet Multi-Sector Strategies team that manages the Virtus Total Return Fund Inc. employs active sector rotation and disciplined risk management in portfolio construction, avoiding interest rate bets, and remaining duration neutral to each strategy's stated benchmark. Newfleet Asset Management is a division of Virtus Fixed Income Advisers, LLC, which is a registered investment adviser affiliated with Virtus Investment Partners. For more information, visit About Virtus Investment Partners, Inc. Virtus Investment Partners (NYSE: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. We provide investment management products and services from our investment managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at There can be no assurance that the portfolio will achieve its investment objectives. An investment in the portfolio is subject to the risk of loss of principal; shares may decrease in value. View source version on CONTACT: For Further Information: Shareholder Services (866) 270-7788 [email protected] KEYWORD: CONNECTICUT UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: ASSET MANAGEMENT PROFESSIONAL SERVICES FINANCE SOURCE: Virtus Total Return Fund Inc. Copyright Business Wire 2025. PUB: 05/30/2025 09:00 AM/DISC: 05/30/2025 08:58 AM

Former Cape golfer Jason Caron continued improbable run by nearly winning Senior PGA Championship
Former Cape golfer Jason Caron continued improbable run by nearly winning Senior PGA Championship

Boston Globe

time26-05-2025

  • Sport
  • Boston Globe

Former Cape golfer Jason Caron continued improbable run by nearly winning Senior PGA Championship

'I feel very emotional,' said Cabrera, who Advertisement Cabrera spent 20 months in an Argentine prison after he was accused of making threats toward former partners. He was released on parole in August 2023 and won a PGA Tour Champions event last month before missing the cut at the Masters. 'I thought that I was going to fail, especially after being sitting without touching a club for a while,' Cabrera said. 'I've been working very, very hard and I feel that all the hard work pays off and this is what I'm having right now.' Advertisement Caron, a 1990 graduate of Dennis-Yarmouth who played on both the PGA Tour and developmental Korn Ferry Tour up through 2003, is the head golf professional at Mill River Club in Oyster Bay, Long Island. He played his way into last year's Senior PGA Championship and also tied for fourth. Through qualifying and sponsor's exemptions, Caron would up playing seven events during the PGA Tour Champions regular season in 2024, with a pair of further top fives qualifying him for the tour playoffs. A tie for third in the second of three playoff events landed him inside the tour's top 36 for the season — good enough for full membership in 2025. Caron opted to keep his full-time job at Mill River, but packed in events during the winter. The Senior PGA was his ninth, from which he's already earned more than $530,000. (In addition to tying for fourth this week, he had three top 10s in his first five starts, including losing in a playoff at the Cologuard Classic in March.) 'A year ago, I definitely would have said, 'Whoa, this can't happen,' ' Caron

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