SAN DIEGO, CA / ACCESSWIRE / April 18, 2024 / Heritage Global , Inc. (NASDAQ:HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, is excited to announce its participation in the highly anticipated Planet MicroCap Showcase: VEGAS 2024 at the Paris Hotel & Casino in Las Vegas on Wednesday, May 1, and Thursday, May 2, 2024.

Heritage Global’s CEO, Ross Dove, will be leading a “Top Tier Track” Q&A session on Wednesday, May 1, 2024, at 10:00 a.m. PDT. The Q&A, featuring Maj Soueidan from GeoInvesting.com, promises to offer valuable insights into Heritage Global’s vision, strategies, and unique positioning in the market. Additionally, Heritage Global will be available for one-on-one meetings on Thursday, May 2, 2024, providing attendees with an exclusive opportunity to engage directly with the company’s leadership.

Reflecting on the upcoming showcase, Ross Dove, CEO of Heritage Global, commented, “We’re thrilled to be participating in the Planet MicroCap Showcase: VEGAS 2024. This event serves as an ideal platform for us to connect with investors, share our compelling story, and highlight the strengths that set Heritage Global apart in the industry.”

To access the live presentation, please use the following information:

Planet MicroCap Showcase: VEGAS 2024
Date: Wednesday, May 1, 2024
Time: 1:00 PM Eastern Time (10:00 AM Pacific Time)
Webcast: https://www.webcaster4.com/Webcast/Page/3026/50116

If you would like to book 1×1 investor meetings with Heritage Global, and to attend the Planet MicroCap Showcase: VEGAS 2024, please make sure you are registered here: https://planetmicrocapshowcase.com/signup

1×1 meetings will be scheduled and conducted in person at the conference venue: Paris Hotel & Casino in Las Vegas, NV

The Planet MicroCap Showcase: VEGAS 2024 website is available here: https://planetmicrocapshowcase.com/

If you can’t make the live presentation, all company presentation “webcasts” will be available directly on the conference event platform on this link under the tab “Agenda”: https://planetmicrocapshowcase.com/agenda

News Compliments of Accesswire

About Heritage Global Inc (NASDAQ:). (“HG”)

Heritage Global Inc. (NASDAQ: HGBL) values and monetizes industrial & financial assets by providing acquisition, disposition, valuation, and lending services for surplus and distressed assets. This aids in facilitating the circular economy by diverting useful industrial assets from landfills and operating an ethical supply chain by overseeing post-sale account activity of financial assets. Specialties consist of acting as an adviser, in addition to acquiring or brokering turnkey manufacturing facilities, surplus industrial machinery and equipment, industrial inventories, real estate, and charged-off account receivable portfolios through its two business units: Industrial Assets and Financial Assets.

About Planet MicroCap

Planet MicroCap is a global multimedia financial news, publishing and events company focused on news dissemination, providing information, data and analytics for the MicroCap investing community. We have cultivated an active and engaged audience of folks that are interested in learning about and to stay ahead of the curve in the MicroCap space.

If you would like to attend the Planet MicroCap Showcase, please register here: https://planetmicrocapshowcase.com/signup

Contact:

Investor Relations:
John Nesbett/Jennifer Belodeau
IMS Investor Relations
203/972.9200
InvestorRelations@hginc.com

SOURCE: Heritage Global, Inc. via Planet MicroCap

View the original press release on accesswire.com

By Fergal Smith

TORONTO (Reuters) – Canada’s plan to raise taxes on the savings of wealthy people and corporations is likely to hold back investment, potentially adding to the productivity malaise that has held back economic growth in recent years, say economists.

In a bid to increase revenue to pay for housing and other programs, Canada’s annual budget on Tuesday proposed increasing the share of capital gains that is subject to taxation to two-thirds from one-half for people with annual investment profits greater than C$250,000 ($181,752) as well as for companies and trusts.

Raising capital gains taxes could discourage savings, say economists, a key driver of business investment, which fell in the fourth quarter for the sixth time in the last seven quarters and has been unable to sustain a move above the 2014 peak.

“The Canadian economy needs savings and it’s the relatively wealthy that now have less incentive to save — or more incentive to move those savings out of the country,” Derek Holt, head of capital markets economics at Scotiabank, said in a note.

“Less reward after-tax is likely to discourage risk-taking. Discourage investment. Discourage anything that might address Canada’s productivity problems.”

Last month, Bank of Canada Deputy Governor Carolyn Rogers (NYSE:) said that Canada’s record of poor productivity growth is an “emergency,” adding that businesses urgently needed to boost investment to address the problem.

“What’s still missing is a clear plan to promote productivity and restore economic growth in Canada. Canada continues to slip further behind our competitors in both of these categories,” Perrin Beatty, president and CEO at the Canadian Chamber of Commerce, said in a statement.

“Our lagging productivity and stalled GDP growth means Canadians are becoming collectively poorer and working harder to just remain where they are today.”

The Liberal government of Prime Minister Justin Trudeau says that the new tax measure will affect 0.13% of the population and make the system more fair.

Still, Canadian GDP per capita, a key measure of living standards, has stagnated in recent years as the economy relied on historically high levels of immigration to boost activity.

“Increasing the cost of capital might appear to be good politics to some, but it is bad economic policy for all,” Goldy Hyder, Business Council of Canada president and CEO, said in a statement.

“Wealth redistribution is not wealth creation and the spending measures introduced today will saddle Canadians with debt without encouraging the strong and sustained economic growth they deserve.”

($1 = 1.3755 Canadian dollars)

Seabourn Makes Milestone Moment as First Cruise Line to Appoint Aboriginal Traditional Owners as Godparents

SEATTLE, April 18, 2024 /PRNewswire/ — Seabourn, the leader in ultra-luxury cruises and expedition travel, is thrilled to announce the Wunambal Gaambera Traditional Owners as godparents of Seabourn Pursuit, the line’s newest ultra-luxury, purpose-built expedition ship.

Seabourn is the first cruise line to appoint Traditional Owners as godparents of a ship. The naming of Wunambal Gaambera Traditional Owners as godparents of Seabourn Pursuit serves as a symbolic gesture of stewardship and responsibility toward the environment and the communities that Seabourn visits, as well as Seabourn’s commitment to sustainable tourism. The naming ceremony will take place on Seabourn Pursuit’s June 22-July 2, 2024 voyage in the Kimberley region of Australia.

“We believe no one can give a better blessing to our ship than the communities we visit. We truly believe in the transformative power of travel, and when we visit local communities, we are able to both celebrate their culture and drive positive sustainable change in the places they call home,” said Natalya Leahy, president of Seabourn. “When we set out to name the godparent for Seabourn Pursuit, we knew we wanted to do something that celebrates this special moment for the ship and also allows us to drive long-term sustainable positive change in line with the values Seabourn and our guests stand for.”

The Wunambal Gaambera people are the Traditional Owners of a region in the Kimberley that includes the sea country of Ngula Jar Island (Vansittart Bay) and Yirinni (Hunter River), and the freshwater country of Ngauwudu (Mitchell Plateau).

Christening the ship is a symbolic event that bestows blessings upon everyone who will ever sail on board. The godparents bring good luck and protection to the vessel with this maritime tradition. Godparent to the Wunambal Gaambera people can be described as garrangarru“ which is a word used to describe a mother or listener. Wunambal Gaambera Aboriginal Corporation (WGAC), its country and people, embody ideal ambassadors or godparents for Seabourn Pursuit. Their rich cultural history and deep connection to the land and sea, alongside their established sustainable tourism initiatives along the Kimberley Coast, make them a natural fit for Seabourn Pursuit’s inaugural season in Western Australia.

Representatives from the Wunambal Gaambera Aboriginal Corporation will be at Ngula Jar Island on the Uunguu Coast to welcome Seabourn Pursuit guests and to participate in the inaugural dedication ceremony on June 29, 2024.

A Lasting Partnership: Investing in Sustainable Tourism
As part of this appointment with the Wunambal Gaambera Traditional Owners, Seabourn will make a donation to assist Wunambal Gaambera to develop a self-sustaining industry, producing authentic works of art and craft by Wunambal Gaambera artists to sell. In addition, Seabourn will also supply the Wunambal Gaambera Aboriginal Corporation with pearl shells and various art supplies and polishing materials to foster sustainable, commercial arts and craft initiatives year-round for Wunambal Gaambera artists and craft producers.

Seabourn intends to work alongside Wunambal Gaambera Traditional Owners as they share their unique Uunguu Experience “ the sharing of their Wanjina Wunggurr culture through welcome and smoking ceremonies; rock art tours; junba song and dance; and art and stories from the Uunguu Rangers looking after and keeping the country healthy.

“We, the Wunambal Gaambera people, have a communal need and responsibility to look after and prosper from our country. Seabourn’s contributions will assist us to be on country, look after and keep our land and sea country healthy, strengthen our Wanjina Wunggurr culture, and create economic opportunities for our people,” said Catherine Goonack, Chairperson of the Wunambal Gaambera Aboriginal Corporation. “It is important we are looking after our country in the way of our Wanjina Wunggurr law. We are happy when we and our future generations are living and working on our healthy Wunambal Gaambera Country. We appreciate Seabourn’s support to us in these efforts and look forward to sharing our unique Uunguu Experience with Seabourn and their guests as the garrangarru or Godparents of the Seabourn Pursuit.”

Seabourn’s monetary contribution, along with funding already received from the State Tourism Authority, Tourism Western Australia, will contribute to Wunambal Gaambera’s development of tourism facilities and products for Traditional Owners to live on their country during the dry season when tourism operators can access the vast coastline of the Kimberley region. Seabourn congratulates Wunambal Gaambera Aboriginal Corporation’s implementation of their Uunguu Visitor Management Plan to reconnect with their country, to manage visitor access and take leadership in the tourism industry, and to engage with water-based visitors who arrive on their land, thus participating in the value chain that operators like Seabourn offer. Ngula Jar Island will be featured on all Seabourn itineraries in the Kimberley, ensuring consistent visitation to Wunambal Gaambera Country.

“This is a wonderful collaboration of Wunambal Gaambera and Seabourn that is augmented by Tourism Western Australia, demonstrating our shared values and the promise of greater opportunities for Traditional Owners in the Kimberley region. We are proud to support Wunambal Gaambera’s Ngula Jar Island development as we strive to position Western Australia as the leading Australian destination for authentic Aboriginal experiences,” said Carolyn Turnbull, Managing Director of Tourism Western Australia. “We know visitors to Western Australia ” the Dream State ” are seeking immersive Indigenous experiences and the work we are supporting on Ngula Jar Island will enable this to happen. The ongoing visitation fueled by premium cruise tourism operators, like Seabourn, provides the necessary market to make this initiative successful and sustainable.”

Seabourn’s newest ultra-luxury, purpose-built expedition ship, Seabourn Pursuit, is an intimate ship with private, yacht-like atmosphere, featuring 132 luxuriously appointed ocean-front veranda suites ” taking ultra-luxury travelers further, deeper, and closer to the most coveted and remote destinations in the world. Led by a world-class 24-person Expedition Team to deliver immersive experiences throughout the entire journey, each voyage offers exclusive experiences such as curated shore excursions, cultural tours, guided Zodiac cruises, hikes, nature walks, snorkeling and scuba diving.

Further information on Seabourn Pursuit, suites and public spaces of the ship can be found here. For more details about Seabourn, or to explore the worldwide selection of Seabourn cruising options, contact a professional travel advisor, call Seabourn at 1-800-929-9391, or visit www.seabourn.com.

About Seabourn:
Seabourn represents the pinnacle of ultra-luxury ocean and expedition travel and operates a suite of seven modern ships. The all-inclusive, boutique ships offer all-suite accommodations with oceanfront views; award-winning dining; complimentary premium spirits and fine wines available at all times; renowned service provided by an industry-leading crew; a relaxed, sociable atmosphere that makes guests feel at home; a pedigree in expedition travel through the Ventures by Seabourn program and two new ultra-luxury purpose-built expedition ships, including Seabourn Venture that launched in 2022 and Seabourn Pursuit in 2023. Seabourn takes travelers to every continent on the globe, visiting more than 400 ports including marquee cities and lesser-known ports and hideaways. Guests of Seabourn experience extraordinary offerings and programs, including partnerships with leading entertainers, dining, personal health and wellbeing, and engaging speakers.

Seabourn is a brand of Carnival (NYSE:) Corporation and plc (NYSE/LSE: CCL and NYSE: CUK).

For additional information about WGAC, please visit:

Find Seabourn on Twitter, Facebook (NASDAQ:), Instagram, YouTube and Pinterest (NYSE:).

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VIEW VIDEO HERE