Categories
World News

Trudeau Appoints Mary Simon Canada’s First Indigenous Governor Normal

MONTREAL — Prime Minister Justin Trudeau appointed Canada’s first Indigenous governor general on Tuesday, a seminal moment as the country seeks to reconcile with its Indigenous population after decades of systemic mistreatment.

As governor general, the appointee, Mary Simon, a diplomat and leading Indigenous rights advocate, will represent Queen Elizabeth II as Canada’s official head of state. While the role is largely ceremonial, it is high profile and has wide symbolic resonance in a country where the governor general is the crown’s representative in Canada’s system of constitutional monarchy.

Prime Minister Justin Trudeau of Canada called the appointment a significant moment. “Today after 154 years, our country takes a historic step,” he said at the Canadian Museum of History in Gatineau, Quebec. “I cannot think of a better person to meet the moment.”

The appointment of Ms. Simon, who served as Canada’s ambassador to Denmark, comes as Canada is reeling, following the discovery of hundreds of unmarked Indigenous graves, many of them children, who attended church-run schools in British Columbia and Saskatchewan.

The finding of the graves has spurred national soul searching about the country’s discrimination against Indigenous people, who for decades have been forced to grapple with racism, inadequate access to health and economic opportunities and lack of autonomy.

The appointment follows the resignation of Julie Payette, who stepped down in January after months of media reports that she and a top adviser had belittled and publicly humiliated employees, often reducing them to tears. In response, the government commissioned an independent review that several Canadian news outlets said had blamed her for fomenting a toxic work environment.

Ms. Simon, an Inuk from Kuujjuaq, a village in northeastern Quebec, said on Tuesday that her appointment would help engender reconciliation.

“I can confidently say that my appointment is a historic and inspirational moment for Canada and an important step forward,” she said. “Indeed, my appointment comes at an especially reflective and dynamic time in our shared history.”

Indigenous leaders welcomed the appointment, calling Ms. Simon a skilled diplomat who was well placed to champion Indigenous concerns and act as a mediator between disparate groups.

Perry Bellegarde, the president of the Assembly of First Nations, a national organization representing Indigenous people, praised the appointment. “Mary is a diplomat, an advocate and a strong Inuk Woman,” he wrote on Twitter.

Vjosa Isai contributed reporting from Toronto.

Categories
Business

Vacation gift-card shopping for might assist enhance retail gross sales in 2021: Invoice Simon

This holiday season, gift card spending could spike, and that could help boost retail sales over the next year, former US President and CEO of Walmart Bill Simon told CNBC on Thursday.

Payment service Blackhawk Network found in a survey that shoppers spent an average of around $ 313 on gift cards during the holidays. This is an increase of 19% from the 2019 average. In addition, 52% of respondents said they would likely buy more gift cards in 2020 than in the past.

In a Closing Bell interview, Simon said the increased spending on gift cards could initially have a negative impact on retailers already grappling with the disruption caused by the coronavirus pandemic.

“Gift cards are shaky … because you don’t see the sale when the customer buys the card. You see the sale when it’s actually exchanged,” he said. “So if you try to measure Christmas sales, you will have this liability on the balance sheet, which is not a sale even though the sale was closed.”

However, the impact of gift card purchases could be much more beneficial with a view to the next year, explained Simon, who was President and CEO of Walmart US from 2010 to 2014.

One reason for this is that recipients tend to spend more than the face value of the gift card when shopping. “In general, you see about 20 to 30% more than the gift card,” he said.

The second reason is that, according to Simon, there may be “3% to 5% breakage, which means that cards are not redeemed”. “It’s a bit of a godsend for retailers, but it will also take time for them to finish.”

There could be fluctuations as retailers realize the benefits of buying Christmas gift cards over the next year, Simon said, pointing to the ongoing uncertainty surrounding Covid-19. When asked if retailers could have above-average sales in the first quarter, Simon replied, “They could and should.”

“If people still don’t want to get out, they may not be able to redeem their cards until the second quarter and it can happen later in the year,” said Simon. “But I think what we’re seeing in the increase in gift card shopping seems likely.”