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Towner - 2 Carlo Allegri - 1 . Towner - 1 Michael Ross - 1 Dollarama - 1 That’s - 1 Chris Towner - 1 ” - 1
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2 mentions found


☆ Dollarama says CFO Towner to step down
  + stars: | 2023-07-10 | by ( Reuters Staff | ) www.reuters.com   time to read: 1 min
FILE PHOTO: A Dollarama store is pictured in Toronto, Ontario, Canada, June 5, 2018. REUTERS/Carlo Allegri/File Photo(Reuters) - Canadian discount store chain Dollarama said on Monday its chief financial officer, J.P. Towner, would step down in the coming months to pursue another career opportunity. He became Dollarama’s finance head in March 2021, succeeding Michael Ross who stepped down after more than a decade with the company. Prior to taking up the role at Dollarama, Towner was the finance head of construction and engineering firm Pomerleau Inc.Dollarama said while it had started looking for a new finance chief, Towner would remain in the role as the company announces its second-quarter results. The retailer beat sales estimate in its most recent quarter on strong demand for its cheaper groceries and household supplies.
Persons: Carlo Allegri, . Towner, Michael Ross, Towner, Dollarama Organizations: REUTERS, Pomerleau Inc Locations: Toronto , Ontario, Canada, Dollarama
☆ Despite debt ceiling deal, US debt will spike to record high by 2029: CBO
  + stars: | 2023-06-29 | by ( Matt Egan Tami Luhby | Matt Egan | Tami Luhby | ) edition.cnn.com   time to read: +2 min
US debt held by the public will climb to a record high of 107% of the gross domestic product in 2029, the nonpartisan Congressional Budget Office projected on Wednesday. The projection comes despite the bipartisan debt ceiling deal hailed by its backers as a major deficit reducer. In 2029, debt held by the public will total about $36 trillion, or $104,300 per person, according to the Committee for a Responsible Federal Budget, a non-profit public policy organization. Debt held by the public is expected to hit 181% of GDP in 2053, far exceeding any previous record. To put it another way: US debt in 2053 could equal about $384,700 per person, compared to $75,700 today, according to Towner.
Persons: That’s, Chris Towner, Towner, ”, Michael Peterson, Peter G Organizations: New, New York CNN, Republicans, Democrats, CBO, Federal, Budget, Social Security, Peterson Foundation Locations: New York, United, Towner
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