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Published Thursday February 14, 2017
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MONITOR

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Destination

Much in common between communities, but the Tech Museum is a San Jose stand-out

Waterloo Region residents who visit San Jose, California, will probably feel quite at home, very quickly. The two communities have a lot in common – except for the southern California climate, of course.

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Trade

Trump expects only 'tweaking' of trade relationship with Canada

By Andrea Hopkins | WASHINGTON Reuters

President Donald Trump said on Monday the United States would be "tweaking" its trade relationship with Canada, stopping short of calling for a major realignment in a development likely to please visiting Canadian Prime Minister Justin Trudeau.

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Report

NAFTA Makes North America Great(er)

Toronto - Scotiabank Economics released the first of its North America Free Trade Agreement (NAFTA) Reports series. In its report, Scotiabank Economics cites how NAFTA has been a success story for Canada, the United States and Mexico over the 23 years since the agreement was signed.

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CPA Business Monitor

Economic optimism up but oil prices and protectionist sentiments cited as top challenges

Toronto - Optimism about the national economy is up among professional accountants in leadership positions with oil prices and protectionist trade attitudes viewed as top challenges, according to a new survey conducted for Chartered Professional Accountants of Canada (CPA Canada).

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Travel Ban

Guelph Psychology Prof Sees Travel Ban Negatives in Personal Light

Guelph - When University of Guelph psychology professor Saba Safdar sees refugees fleeing war to come to a safe land, she contrasts their experiences with her own. When the Iranian-born academic hears about a travel ban that targets Iran and six other countries, she can see how her own daughter, raised in Canada but living in the U.S., gets defensive about her heritage.

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Trust Report

Canada at populism, trust crisis tipping point

2017 Edelman Trust Barometer reveals almost half of Canada's general population distrusts key institutions

Toronto - The 2017 Edelman Trust Barometer confirms that Canada can no longer count itself immune from the global trend of populism and sinking institutional trust. For the first time since Edelman started tracking the general population, Canada finds itself among countries who distrust their institutions. Trust in business, media and government is in trouble.

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Agri-Food

University of Guelph Poised to Help Canada Become Agri-Food Leader: Report


Guelph - A new federal report identifies the University of Guelph as a key player in developing Canada into a global agri-food leader. The final report of the Advisory Council on Economic Growth highlights agriculture as a major engine of economic growth for Canada. It lists U of G as a key contributor in helping the agri-food sector meet its potential for growth.

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Cost of Love

Love Hurts (Financially) to the Tune of $66,444.09

Finding love in Canada doesn't come cheap, according to the 5th annual Cost of Love study by RateSupermarket.ca.

Toronto - According to the 2017 Cost of Love study from RateSupermarket.ca, the cost of a budding relationship through to full bloom is $66,444.09, up seven per cent from last year.

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Foodies

Culinary students and top chefs compete for Iron Chef title

Kitchener - On February 9, Conestoga Culinary students teamed up with the region’s top chefs for Iron Chef Waterloo Region. More than 300 guests attended the event at Bingemans to sample signature dishes from 10 chef action stations.



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DEVELOPMENTS

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Acquisition

RDM Corporation Announces Definitive Agreement to be Acquired by Deluxe Corporation

Cash Consideration of $5.45 per Common Share Price Represents a 35% Premium to 90-Day Volume-weighted Average Enterprise Value

Waterloo - RDM Corporation, yesterday announced that it has entered into a definitive arrangement agreement (the "Agreement") with a subsidiary of Deluxe Corporation, pursuant to which Deluxe has agreed to acquire all of the outstanding common shares of the Company for cash consideration of $5.45 per common share (the "Transaction"). All amounts, unless stated otherwise, are in Canadian dollars.

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Technology

The Intelligent Community Forum Names the Top7 Intelligent Communities of 2017

New York, NY/Taipei, Taiwan - At the conclusion of “The Internet of Cities Forum” in Taipei, Taiwan today, the Intelligent Community Forum announced its list of the Top7 Intelligent Communities of the Year to an audience of national and municipal leaders from Taiwan, Canada, Estonia, the Netherlands and Vietnam. The 15th annual Top7 list includes communities from four nations, with Australia, Canada and Taiwan each contributing two, and Russia contributing a seventh community in a first-time achievement for that nation. In alphabetical order, they are:

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Mobile Management

Sandvine's Cloud Services Policy Controller can now view, control, and protect mobile data

Waterloo - Sandvine, announced the launch of mobile data management features for its Cloud Services Policy Controller. These new features help the business customers of communications service providers to better understand, manage, and secure their employees' domestic and international mobile data usage.

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Education

Laurier implements presidential transition plan

Waterloo – Wilfrid Laurier University has begun implementing a plan to ensure a smooth transition in senior leadership. Max Blouw will complete his second term as President and Vice-Chancellor on June 30, 2017. As announced Jan. 11, Deborah MacLatchy, who has served as the university’s Provost and Vice-President: Academic since 2009, will begin her five-year term as President and Vice-Chancellor on July 1.

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B-Corp

Kindred Credit Union joins global movement of people using business as a force for good

B Corp certification acknowledges highest standards of social and environmental performance.

Kitchener – Kindred Credit Union announced it has joined over 2,000 socially and environmentally committed businesses by earning certification as a B Corporation (B Corp). The international standard is a rigorous framework that measures a company’s social and environmental performance, accountability and transparency. B Corp certification is a growing movement of businesses around the world that voluntarily choose to hold themselves to these standards, and includes more than 180 in Canada, and 80 in Ontario.

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ION News

First ION train shipping from Thunder Bay today

Waterloo Region – The Region of Waterloo’s first ION light rail transit vehicle will be shipped from Bombardier’s Thunder Bay plant starting today. Delivery is expected to take 10 to 12 days.

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Report

Hydro One Reports Positive Fourth Quarter Revenue and Operating Cost Trends

With operational transformation well underway, Hydro One completes first full year as a public company

Toronto - Hydro One Limited, Ontario's largest electricity transmission and distribution company, announced its financial and operating results for the fourth quarter ended December 31, 2016.

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Carbon Free

OPG's Niagara Reservoir Refurbishment Completed Ahead of Schedule and Under Budget

Upgrade ensures flexible, carbon-free power for another half century

Niagra Falls - Ontario Power Generation (OPG) has successfully completed another project ahead of schedule and under budget. The reservoir refurbishment project for the Sir Adam Beck Pump Generating Station (PGS) will ensure carbon-free electricity for another fifty years or more.




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TALKS

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City Planning

Jeff Speck: 4 ways to make a city more walkable

Freedom from cars, freedom from sprawl, freedom to walk your city! City planner Jeff Speck shares his "general theory of walkability" — four planning principles to transform sprawling cities of six-lane highways and 600-foot blocks into safe, walkable oases full of bike lanes and tree-lined streets. Jeff Speck is a city planner and the author of "Walkable City." He is a city planner and architectural designer who, through writing, lectures, and built work, advocates internationally for more walkable cities.






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COLUMNS

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Chart of the Week

Oh Canada - 2 New Records

by Michael Hayhoe

First, the TSX finally broke out to new all-time highs last week. We finally broke through the summer of 2014 previous high of 15,685 (we closed today at 15,729). We have pushed up to this level 4 times in the last 10 years as you can see above and each time we have failed and fallen back. Will we finally breakout and continuing climbing?? We will see.





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EVENTS

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Lunch & Learn, February 14, 2017

Leading and Following:The Leadership Dance

How to Nurture Healthy Board & Staff Relationships, “Learn to dance without stepping on each other’s toes”

On Tuesday, February 14th, Cathy Brothers will understand more about the dance and the steps you take to nurture healthy working relationships between board and staff.

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March 15, 2017

Art In Public Spaces: Call for Proposals

CAFKA is seeking submissions for its biennial exhibition of contemporary art in the public spaces of the Region of Waterloo in June 2018. The biennial exhibition is curated by CAFKA’s Program Committee, which will consider submission proposals as part of its curatorial research.

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April 27, 2017

Fashion for Life Finds an Elegant New Venue

Cambridge – The Cambridge Memorial Hospital is very pleased to announce that Fashion for Life has found a new location for its April 2017 “White Party” Fundraiser in support of Breast Reconstruction at CMH.

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August 21-23, 2017

Canada’s largest apparel and textile sourcing show announces major expansion as Canadian industry imports reach all-time high

Thousands of retailers, manufacturers, designers and industry execs to benefit from 50 percent more exhibit space, new trends showcase and top speaker roster at Apparel Textile Sourcing Show

The apparel and textile industry is alive and well – and thriving – in Canada. That’s the message of organizers of Canada’s largest apparel and textile sourcing show, Apparel Textile Sourcing Canada (ATSC), which successfully debuted in Toronto in August 2016 with more than 200 booths of merchandise and in excess of 1,800 attendees.






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