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IASB proposes to ease disclosure requirements for subsidiaries
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Celestica Announces Second Quarter 2021 Financial Results
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NA Proactive news snapshot: Canada Silver Cobalt Works, Benchmark Metals, Empress Royalty, Boosh Plant-Based Brands UPDATE .
A glance at some of the day s highlights from the Proactive Investors US and Canada newswires Your daily round-up from the world of Proactive
Canada Silver Cobalt Works Inc is set to start a drill program in the next 30 days at its Graal-Nourricier - Lac Suzanne property in Quebec following the receipt of a drill permit. The asset is one of 15 properties on 689 claims covering over 38,000 hectares (Ha), which are believed to be prospective for nickel, copper, and cobalt - electric vehicle (EV) battery metals. Laurentia Exploration will carry out the drilling, which will focus on the Bouguer Anomalies Targets at the property.
Red White & Bloom Reports Fourth Quarter and Full Year 2020 Financial Results Red White & Bloom Brands Inc. Vancouver, British Columbia, CANADA
1 CDN $28.6 million, an increase of 290% over the third quarter
- Fourth quarter 2020 revenue of CDN $15.7 million, an increase of 158% over the third quarter
- Full Year 2020 adjusted sales
1 $37.8 million and Revenue at $23.3 million
RWB” or the “
Company”) is pleased to report fourth quarter and full year 2020 financial results and is providing certain full year 2020 financial results and select subsequent events. The Company will be filing its 2020 audited financial statements and related Management s Discussion and Analysis (“MD&A”) today.
Management Commentary
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Businesses are downsizing their office space and renegotiating leases as employees work from home, and they need to look at how they’re accounting for the leases under the new rules.
A recent poll from Deloitte found that two-thirds (66.9%) of companies surveyed have launched or plan to initiate a study looking at how they use real estate in the post-pandemic world. Deloitte’s recent report,
related infographic, discuss the various considerations and issues of the leases standard from the Financial Accounting Standards Board, known as Topic 842 or ASC 842 for its number in FASB’s Accounting Standards Codification.
Since the pandemic spread across the U.S. last year and organizations responded by closing their offices and asking employees to work from home, companies have been rethinking their real estate strategy, exiting space before a lease ends, modifying their lease agreements to accommodate extra space for social distancing and increasing their real estat
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