Forestry woes stop 2007 Frog's Breath tournament.Golfers hoping to take a swing at the annual Frog's Breath Charity Golf Tournament and Social event will have to wait as this year's has been cancelled. Held in the Tri-Town area, the event typically features two qualifying rounds at local golf courses before moving the players to the Frog's Breath course in New Liskeard. The final competition pairs Canadian PGA (1) (Professional Graphics Adapter) An early IBM PC display standard for 3D processing with 640x480x256 resolution. It was not widely used. (2) (Programmable Gate Array) See gate array and FPGA. professionals with participants, who vie for the top prize of a trophy and bragging rights. Net proceeds Net Proceeds The amount received after all costs are deducted from the sale of a piece of property or security. Notes: In the case of an investor selling a security, net proceeds represent the proceeds from the sale minus any trading costs (i.e. commissions). from the event, which also includes an auction and dinner, are donated do·nate v. do·nat·ed, do·nat·ing, do·nates v.tr. To present as a gift to a fund or cause; contribute. v.intr. To make a contribution to a fund or cause. to a variety of causes and organizations in the Tri-Town and Timmins areas. The cost of the event is largely funded by Grant Forest Products, with the assistance of additional industry sponsors. However, industry-wide financial hardship has halted this year's event. "This year, there's been a downturn in the oriented strand board Oriented strand board, or OSB, or waferboard, or Sterling board (UK), is an engineered wood product formed by layering strands (flakes) of wood in specific orientations. industry and the forestry industry as a whole, and we don't want to put undue pressure on Grant Forest Products or their suppliers," says Susie Johanson, executive director, Frog's Breath Foundation. "Many people in the industry have been laying off employees just to stay afloat, and we can't be asking them to be giving money to this event, even if it is a good cause. So cancelling it this year is the responsible thing to do." Last year, 190 golf teams participated in the event and over 1,100 people ate at the follow-up charity dinner. As a result of event proceeds, sponsorships and donations, the foundation was able to donate $750,000 towards the Kirkland District Health Centre in 2006, as compared to the $500,000 split between the Temiskaming Hospital and the Englehart and Area Community Complex project in 2005. The tournament has raised over $10 million over the last nine years, helping to fund various large-scale projects as a CAT scan CAT scan (kăt) [computerized axial tomography], X-ray technique that allows relatively safe, painless, and rapid diagnosis in previously inaccessible areas of the body; also called CT scan. machine for New Liskeard, as well as a local sports complex and a hospital project in Englehart. Johanson says such amounts are extremely strong for Northern Ontario Northern Ontario is the part of the province of Ontario which lies north of Lake Huron (including Georgian Bay), the French River and Lake Nipissing. Northern Ontario has a land area of 802,000 km² (310,000 mi²) and constitutes 87% of the land area of Ontario, although it , especially when compared to similar events involving high-profile participants. "I was looking at an event that Mike Weir
Michael Richard Weir C.M., O.Ont. (born May 12, 1970) is a professional golfer on the PGA Tour. Weir was born in Brights Grove, Ontario, Canada. He attended St. attends which is for Heart and Stroke, and the event brought in $37,000. And I thought, 'Oh my goodness,' in comparison to us, a small town giving out a cheque for $750,000, it's unbelievable." Despite the cancellation of this year's event, Johanson says the foundation remains financially strong, largely because Grant Forest Products provides it with an amount similar to that which it has raised. This allows the foundation to use the interest from this investment to make a series of small donations in two periods throughout the year. Because such donations are not pulled from the foundation's primary finances, the cancellation of the charity tournament will not prevent similar small donations from being made next year. The foundation recently provided $100,000 worth of donations to various local clubs and foundations, such as the Englehart and Temiskaming nordic ski clubs, a local minor hockey Minor hockey is ice hockey for minors. There are minor hockey leagues all across Canada and Northern United States. Players are classified by age, and the rules (especially for checking) vary from class to class. team, a community choir and the Cobalt Classic Theatre, among others. Following the June deadline for donation applications, another round of small donations will be held. Such successes have been due to the generosity of Northern Ontarians, she says, pointing to the fact that the scope of the event requires the assistance of nearly 500 volunteers. She also credits Grant Forest Products, whose founder Peter Grant Sr. also began the Frog's Breath Foundation. Regardless of the current state of the industry, Johanson says the foundation expects forestry's fortunes to improve enough to allow for on the tournament again next year. "It's going to be our 10th anniversary, and we want to be able to do it in a big splash Big Splash could refer to:
A term describing an industry that is sensitive to the business cycle and price changes. Many cyclical industries produce durable goods such as raw materials and heavy equipment. , and we fully anticipate that next year we'll be hosting the event again." www.frogsbreath.ca By NICK STEWART Northern Ontario Business Northern Ontario Business is a Canadian magazine, which publishes monthly in Greater Sudbury, Ontario. The magazine covers business news and issues in Northern Ontario. |
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