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Tenaris ADR Rep 2 Ord Shs T.TS.B


Primary Symbol: TS

Tenaris S.A. is a holding company, which is a steel producer with production facilities in Mexico, Argentina, Colombia, United States and Guatemala. The Company supplies round steel bars and flat steel products for its pipes business. It operates through Tubes business segment. The Tubes segment includes the production and sale of both seamless and welded steel tubular products, and related services primarily for the oil and gas industry, principally oil country tubular goods (OCTG) used in drilling operations, and for other industrial applications with production processes that include in the transformation of steel into tubular products. It operates in geographical areas, such as North America, South America, Europe, Middle East and Africa, and Asia Pacific. Its products and services include OCTG, Premium Connections, Rig Direct, Offshore Line Pipe, Onshore Line Pipe, Hydrocarbon Processing, Power Generation, Sucker Rods, Coiled Tubing, Industrial and Mechanical, and Automotive.


NYSE:TS - Post by User

Post by pennylane101on Apr 19, 2020 4:44pm
276 Views
Post# 30927589

Article in The Star today...

Article in The Star today...Who writes this stuff???!    Apparently some people receiving welfare or disability top up their income with prostitution but COVID has hit the prostitution industry hard and no, they can't apply for CERB. How unjust!!!!!  I can just see Trudeau's daily briefing tomorrow announcing billions of dollars being allocated to prostitutes across the country. Here are a few excerpts from the article:  
  

Sex workers say they’re at risk, have been left out of Canada’s COVID-19 response


Many sex workers in Canada either do not qualify for the federal government’s Canadian Emergency Response Benefit or they are afraid to apply.

Many people believe sex work is decriminalized in Canada and only criminal for those who purchase it, but this is a misunderstanding of the law, says Jenn Clamen, national co-ordinator of the Canadian Alliance for Sex Work Law Reform.

There are provisions in the Criminal Code that make workers immune from prosecution, but not from arrest.

“That means sex work is still criminalized for everybody,” she said.


This is one of the biggest barriers for these workers in accessing the CERB. While they are eligible for this benefit, as is anyone who has made at least $5,000 in the last year and has lost their income to COVID-19, many sex workers will simply not apply for it.

“The CERB only allows for people who are documented in some way to apply for it, because it means you have to file your taxes next year, it means you have to be in the tax system, it means you have to be accounted for in that way,” Clamen said.

Kit Rothschild, violence prevention co-ordinator for the Pace Society in downtown Vancouver, echoed these concerns.

“For a lot of people who don’t feel safe filing their taxes as workers, it’s really brought up a lot of stigma in just applying for or trying to apply for government benefits because a lot of people just don’t qualify.”

Workers who are paid through bank e-transfers could be risking their clients’ confidentiality and could be placing them in legal trouble — another reason sex workers would avoid signing up for government benefits that require banking information.

There are also some people who are on government benefits, such as social assistance or disability support, who resort to sex work to supplement the subsistence amounts they receive from these programs. They could be cut off or have money clawed back if they admitted to their additional income in a government application, Rothschild said.

 

“If they are folks who are on ministry benefits and also working and they maybe don’t claim all of what they’re making, then they are not eligible for CERB, but nobody who’s on disability or welfare right now is being given enough money to actually take care or their health,” she said.

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