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The Western Investment Company of Canada Limited: Western Investment Company Confirms Strong Growth at Fortress Insurance, Sees Stability Returning to Other Portfolio Companies as It Files Q1 Statements

High River, Alberta (Newsfile Corp. - May 31, 2021) - The Western Investment Company of Canada Limited (TSXV: WI) ("WICC" or "Western") announces that it has filed its Q1 Financial Statements and MD&A ....

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The Western Investment Company of Canada Limited: Western Investment Company Reports Positive Net Income for Final Quarter of 2020 and Expects Fortress Insurance and GlassMasters to Be Key Drivers of Growth in 2021

The Western Investment Company of Canada Limited: Western Investment Company Reports Positive Net Income for Final Quarter of 2020 and Expects Fortress Insurance and GlassMasters to Be Key Drivers of Growth in 2021
WICC CEO, Scott Tannas provided the following commentary:
The past year was a battle. It seemed every day brought new challenges and required skills and endurance beyond any previous measure. I m pleased to report that WICC and its portfolio companies have come through intact and are ramping up for a strong 2021. While our 2020 year end results show a net loss of $3.615 million, the majority of this is a non - cash write down of goodwill taken during the turbulent and uncertain days at the onset of the pandemic. With that difficult period behind us, our team is focused on achieving a record year for sales and net income in 2021. ....

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Openpay's deathly default T&Cs

The terms and conditions of buy now pay later provider Openpay are coming under scrutiny from payments experts after the company revealed it was adding a major private hospital network to its list of approved merchants. ....

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Interactive projector to helps entertain, stimulate Warman care home residents

SASKATOON
The Diamond House Senior Care home in Warman is thinking outside the box to help its guests pass the time while the home takes precautionary measures to prevent the spread of COVID-19.
A smart projector, called OBIE, is filled with sensors that interact with residents, said Diamond House Senior Care Home administrator Kelvin Ooms.
People can play games while also participating in more soothing activities like gardening.
“OBIE with its bright colours and it’s interactiveness, our residents are very easily engaged, with their hand motions on the table, engaging with the other residents while they are playing the games. So cognitively they are very active,” said Ooms. ....

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COVID outbreak declared at P.A. care home

Meanwhile, Timanaska Development Corporation, which has offices in Prince Albert, also had an outbreak.
Five office workers were quarantined until Dec.18, according to Orrin Greyeyes, the president and CEO.
“Everyone is working from home,” he told
paNOW.” We’ve basically shut it down for the rest of the year. We have a fairly large amount of employees working across the province but only a few people were affected in our office.”
Greyeyes said everyone affected is in good health.
He said Timanaska Development Corporation has over a dozen companies under its umbrella.
One of them Northern Medical Supplies Corp. supplies personal protective equipment like masks and protective suits. ....

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