Latest news with #dissolution
CBC
13-06-2025
- Business
- CBC
Yukon Chamber of Commerce closing shop, calling it a 'refresh'
The Yukon Chamber of Commerce is going out of business. Members of the advocacy group unanimously voted at its annual general meeting on Wednesday to dissolve the 40-year-old organization. However, the chamber's executive director Patti Balsillie characterizes it as a "refresh," suggesting that a new organization could be formed to take its place as the voice of Yukon's business community. "Maybe this is the phoenix coming out of the ashes. But we needed to create a crisis perhaps, to instigate what could be a better formula," Balsillie said. "The motion was, 'yes, let's dissolve,' and the ancillary was, 'and let's get back to the original intent.'" Balsillie says the chamber as it is right now is "no longer financially sustainable," with less revenue coming in. She said the COVID-19 pandemic changed how many businesses spend their money, and the chamber suffered as a result. A significant portion of the chamber's money comes from its members. She also described a changing landscape for non-profit business advocacy groups in the Yukon, with more and more of them doing similar work. "The lane is very congested," Balsillie said. "[The chamber's] relevancy was eroded by apathy, by people thinking somebody else will do the work, there are other volunteers that have my back — but no, you have to show up." She said the organization will remain open at least through the summer, to sell assets, pay bills, and plan its formal dissolution. Still, she described the end of the chamber as akin to a "pause," before something else forms to take its place. She believes there's still a role for an organization that represents businesses across the territory. "To be a part of a conversation about the end of an era sucks," she said. "More than ever, a voice for business in Yukon really needs to be represented. And the structure that we were doing it under is wasn't sustainable. So this is an opportunity to do a refresh." Community chambers 'exploring collaboration' In a news release on Thursday, three of the organization's members — the Whitehorse, Dawson City, and St. Elias (Haines Junction) chambers of commerce — say they are "saddened" by the Yukon chamber's dissolution, saying it "leaves a significant gap in territorial representation for Yukon's community Chambers and for businesses operating in Yukon communities." The three community organizations also say they are "exploring collaboration across the territory," and will "provide updates as these discussions evolve." Justine Hobbs, interim executive director of the Dawson chamber, said on Thursday that she believes there's now momentum "towards something new and exciting." "So it's sort of a mixed feeling, you know, saddened, but also excited," she said. "We're really interested in building like, a new model that focuses on Yukon-wide advocacy, policy development and just effective communication." Hobbs said there is a need for a group that represents businesses beyond their local communities. For example, she says, a Whitehorse-based business might operate in other communities and be affected by regulations or policies in those places. "I think there's a bit of a worry from business members that if they link up with a community chamber, that they won't actually be represented in the right way," Hobbs said.
Asharq Al-Awsat
04-06-2025
- General
- Asharq Al-Awsat
What Might Happen in Israel's Parliamentary Dissolution Vote?
Opposition party Yesh Atid has submitted a vote to dissolve the Israeli parliament, known as the Knesset, for June 11, amid rising tensions in the ruling right-wing coalition. Here are some key facts about the Knesset, the procedure for a dissolution vote, which would lead to an election, and possible scenarios. KNESSET COMPOSITION Total seats: 120 Simple majority needed to pass the vote: 61 Current government majority: 8 seats LEGISLATIVE PROCEDURE The Yesh Atid motion faces four votes with an absolute majority of the Knesset required in the final stretch to become law, thereby bringing a premature end to the legislature and triggering an election, which must be held within five months of the motion passing. In practice, if the initial vote passes, the subsequent stages could occur all the same day or take months. OPPOSITION STRATEGY A bill to dissolve parliament will only be brought to a vote if Yesh Atid is confident of securing a majority. If not, it can withdraw the motion anytime before June 11, preventing a vote. ALTERNATIVE SCENARIOS Ultra-Orthodox coalition parties could decide to leave the government to protest at its failure to put forward a law granting exemption from military service to ultra-Orthodox men. At the same time, they might refuse to vote for dissolution of parliament, allowing a minority government to continue. COALITION NUMBERS The coalition led by Prime Minister Benjamin Netanyahu has a majority of around 68 seats in parliament, though its size has fluctuated due to internal political shifts. The two coalition ultra-Orthodox parties, United Torah Judaism and Shas, hold 18 seats collectively. If they united with the opposition, they would have enough votes to dissolve parliament and trigger early elections a year ahead of schedule.
CTV News
29-05-2025
- Business
- CTV News
Sudbury's Wordstock festival faces dissolution amid financial woes
Wordstock Sudbury Literary Festival board recommends dissolution amid financial woes, with final vote set for next week. The Wordstock Sudbury Literary Festival faces dissolution as its board recommends disbanding due to financial struggles, with members voting on the decision next week after founder Heather Campbell's layoff and rising costs forced the painful move, mirroring challenges hitting literary festivals nationwide. The Wordstock Sudbury Literary Festival could soon come to an end after its board of directors recommended dissolving the organization due to mounting financial pressures. The board's decision follows the recent layoff of founder and director Heather Campbell as the festival grapples with rising operating costs and limited funding opportunities. A final vote on the recommendation will take place at a virtual membership meeting scheduled for June 4. Kyla Heyming - Wordstock An undated photo of Wordstock Sudbury chair Kyla Heyming. (Wordstock) 'Wordstock for me is one of the reasons I decided to stay in the city, so it's even more bittersweet,' said Kyla Heyming, the festival's board chair, on Wednesday evening. 'It's something I got to enjoy, promote, share, and help build. We're at this point where I have to try and face the reality of it all—we are recommending the dissolution of something that's so near and dear to my heart.' In a news release, the board acknowledged the difficulty of the decision, citing the festival's strong community impact since its founding in 2013. 'Heather built Wordstock from the ground up, and her passion for literature has left an indelible mark on this community,' Heyming said. 'But given the financial pressures and resource limitations we're facing, we believe it's time to have an honest and respectful conversation with our membership.' Wordstock Sudbury Literary Festival The most recent Wordstock Sudbury Literary Festival logo. (Wordstock/Facebook) Wordstock's struggles reflect broader challenges for small arts nonprofits across Canada. The board emphasized its gratitude to sponsors, volunteers, and attendees who supported the festival over the years. Further updates will follow next week's membership meeting.
CBC
29-05-2025
- Business
- CBC
Wordstock Sudbury Literary Festival recommends members vote to dissolve the organization
The Wordstock Sudbury Literary Festival board is recommending its members vote to dissolve the organization. Kyla Heyming, Wordstock's board chair, said the festival is not financially viable in its current form. "Some of the grants we've received in the past have pulled out," Heyming told CBC's Up North. "We've been getting less money from grants than we usually get and it's just not sustainable anymore." Heyming said the festival has grown in recent years to provide programming year-round, and has depended on grants from both federal and provincial levels of government. But a lot of those grants have dried up. "We're often not getting any feedback back," she said, referring to the different grant agencies. Last year, Heyming said it cost around $100,000 to put on the festival. "We've grown and that's what's been fantastic," she said. But that growth has also come at a cost, with employees needed to run various programs and initiatives. Heyming said the recommendation to dissolve the festival does not come lightly. She said the board even hired someone to help find the festival more sponsorship opportunities, but that didn't work out. "If by, you know, some miracle people really want to volunteer, get involved, if we get a miracle funding or sponsorship that allows us to continue, then we won't have to recommend to dissolve,"Heyming said. But she added that the current financial reality for the festival, without a last-minute "miracle" means it can't be sustained.
Jordan Times
21-05-2025
- Business
- Jordan Times
Committee threatens proceedings against concealing assets linked to banned Muslim Brotherhood
Headquarters of the Muslim Brotherhood group in downtown Amman (JT file) AMMAN — The Ministry of Social Development's committee tasked with dissolving the Muslim Brotherhood on Wednesday warned individuals and entities against covering assets belonging to the dissolved association. The committee warned that those hiding assets could face money laundering charges and other legal consequences, the Jordan News Agency, Petra, reported. "All individuals possessing movable or immovable property belonging to the now-dissolved association, whether registered in their names, transferred to them or acquired through contracts with the association (including lease agreements), who fail to rectify their legal status and reach a settlement with the Ministry of Social Development before the set deadline will be subject to legal accountability and prosecution, "the committee said. The committee said that "thorough' investigation is underway into certain assets and properties that were not disclosed by individuals who acquired them through the dissolved group, either directly or through inheritance, Petra reported. On 14 May 2025, the Ministry of Social Development gave individuals a one month deadline to rectify their status with the committee and submit supporting documents, warning against legal proceedings against those failing to do so. "These actions are based on the dissolution committee's decision and the Court of Cassation's ruling no. 8392/2019, dated 10 February 2020, which declared the Muslim Brotherhood Association, established in 1946, legally dissolved as of 16 June 1953, the committee said in a statement, cited by Petra. "All assets and holdings of the dissolved association will be transferred to the Associations Support Fund under the Ministry of Social Development, in accordance with Article 25 of the Associations Law in force."
