Terry fox a canadian individual whose contribution made a difference Research Paper

Terry fox a canadian individual whose contribution made a difference in the lives of canadians or non-canadians - Research Paper Example He continued his run for 143 days during which he covered 5.373 kilometres in the country. The run ended up his life but gave him worldwide lasting legacy. The essay aims to discuss the contribution of Terry Fox who was an ordinary young man that turned to the national hero in Canada due to his remarkable contributions and efforts to insist Canadians to make some donation for cancer research. His efforts resulted in annual fund raising run in Canada as well as other countries of the world and the funds collected from the run are used for providing cancer patients with better treatment and cure through detailed research work. His contributions not only benefited the Canadians but the people outside the Canada also avail the benefits of the cancer research conducted with the help of funds and public awareness raised by his run (Murphy, 2005). Fox was a basketball player and distant runner. He played for the Port Coquitlam, British Columbia, high school and Simon Fraser University teams. He was diagnosed with osteosarcoma, a form of bone cancer in 1977 due to which his right leg was removed from his body at about six inches about his knee. He however continued to run with the artificial leg and also played wheelchair basketball in Vancouver and also won three national basketball championship events. The time he spent in the hospital was the worst time of his life that he always hated (Chivers, 2009). His experience made him realize that there is very little money spent in Canada for the cancer research that must be raised to bring improvement in the condition of people and help fighting the cancer patient with their disease. He decided to raise money and awareness all over the country to fight against cancer. He decided to insist the Canadians to donate one dollar for the cancer research. He persuades people that when 24 million Canadians will donate just one dollar it will help collecting around 24 million rupee

Risk Assessment for Retail Property Investments in Ireland and Europe Essay

Risk Assessment for Retail Property Investments in Ireland and Europe - Essay Example The rise of disposable income (predicted to exceed 100 billion by 2010) and population growth in Ireland are the reasons that led to the escalation of the retail property segment. The retail investments contributed 52% of the total property investments in 2006. Retail parks and retail outlet centres have shown the most prominent growth in the retail sector since the year 1990. Some counties in Ireland like Leitrim and Roscommon do not have any shopping centre facilities at all while others like Laois, Kilkenny, Carlow, Westmeath and Louth are oversupplied (Market News, 2006). The oversupply is a cause of concern for the retailers as it leads to more competition. The depression in the housing market, rising unemployment and other adverse economic conditions have affected the spending capacity of the customers in a negative fashion (Retail sector becoming more competitive, 2008). Fig. 1 shows the pedestrian foot fall in the first three months of 2008 on the two main streets of Dublin i.e. Grafton Street (down 9% as compared to the previous five years) and Henry Street (down 12%)(Finfacts Team, 2008). However the conditions in Ireland are better than in other European nations. There is a vast scope of foreign retail investments in the country as compared to other European countries. The spending power of people is superior and the economic conditions are favourable for the retail expansion than those in other countries of Europe. The growth of the property sector also depends on the global economic scenario. The availability of funds from the banks for new ventures in the retail sector will also hamper its growth. There is a concern about the oversupply and resulting stagnation as happened in the housing market. The investors must make sure that the overdevelopment does not have a negative impact on the rental and capital values. As shown in the fig.2 the rents in a major street in Dublin are very high compared to other countries in Europe and are stable over a couple of years, with retail shopping centres making the major contribution (Finfacts Team, 2008a). Fig.2 (Finfacts Team, 2008) The current scenario in the retail market in other European nations is as follows: There is a vast scope of retail development and investment in the Baltic States of Estonia, Latvia and Lithuania. The retail sector is not fully developed yet and offers a great possibility of economic expansion. Eastern European countries like Poland, Hungary and Czech Republic have saturated retail markets in major cities and the focus of development is shifting to smaller regions. There is a huge retail investment opportunities in form of shopping malls and retail stores in Central European countries like Slovakia, Romania, Bulgaria and Russia. Portugal and Denmark will mark more than normal retail trade expansion. Demand in these countries is more than supply, making them potential development prospects. UK is likely to experience a slowdown in the retail market investments as shown in fig.3. Fig.3 (Finfacts Team,