Arts network gets support via Chatham-Kent’s Hydro One fund

Chatham-Kent Arts and Culture Network has won municipal funding via the Hydro One Reserve to continue its community mission. The network, which works to expand the arts locally, will get $25,000 a year for three years at no cost to taxpayers. “We are grateful to Mayor Darrin Canniff and the municipality . . . for […]

More funding needed for child welfare

Protecting the region’s most vulnerable children has become increasingly more difficult in recent years due to inadequate funding to the child welfare sector, the local children’s aid society says. Family and Children’s Services of Lanark, Leeds and Grenville says they are facing a series of challenges due to a lack of provincial funding in recent […]

Today’s Hottest Earnings Reports: Lucid, Realty Income, Disney, and More

The first-quarter earnings season continued with Lucid Motor (LCID) posting its expectedly weak results. The EV firm posted revenue of $172.74 million, up by 15.6% Y/Y yet it lost 30 cents a share.In Q1, Lucid produced 1,728 vehicles and plans to produce 9,000 for the year. The 1,967 delivery is up by 39.9% Y/Y. It has ample liquidity after raising $1.0 billion and ended the quarter with $5.03 billion.Dividend investors will appreciate Realty Income (O) results. The firm posted funds from operations of $1.05 billion. For FY 2024, expect the firm to post $4.22 a share.Watch the market’s…