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Thursday June 28, 2018

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MONITOR


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Philanthropy

Heffner Toyota Donates 2018 RAV4 to JA Waterloo Region

Heffner Toyota has donated a new Toyota RAV4 to Junior Achievment Waterloo Region. Heffner Toyota has been a long time supporter of JA and the work that JA does in our community. “We are very appreciative of the Heffner family’s support of Junior Achievement and excited t hat thi s idea has come to fruition, ” said Brian Breckles (right), President & CEO of JA Waterloo Region.


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Power of Drones

Drones for Humanity: Forum Initiative Aims Unlock Societal Benefits of Unmanned Aerial Vehicles

The World Economic Forum’s new Drone Innovators Network will see aviation authorities sharing research and best practices, and collaborating on innovative new policies; At the network’s inaugural event, at the Swiss Federal Institute of Technology in Zurich, Europe’s first nationwide Unmanned Traffic Management system will put “digital stop signs” in the sky

Zurich, Switzerland – Drones can deliver medical supplies, make dangerous jobs safer and protect endangered species. However, regulations in many countries prevent drones from fulfilling their potential by blocking their access to airspace. Governments are struggling to develop regulations that harness the benefits of drones while minimizing the risks.






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Development

Waterloo approves 25-storey tower in uptown

The City of Waterloo has approved a major development in Waterloo uptown that will significantly alter the King Street skyline. The Torgan Corporation development includes a two-storey addition to the current four storeys at 80 King St. S, which will include 68,000 total square feet of office space. To the east of the retail and commercial development will be a 19-storey tower on top of a six-storey podium, containing 216 units and 252 bedrooms. The podium will contain a parkade for residents of the building.


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Finance Banking

Transparency strengthens public trust and makes monetary policy more effective, Governor Poloz says

Transparency in monetary policy can help build trust with the public and financial markets and promote a more resilient economy, Governor Stephen S. Poloz said in a speech yesterday. “We can be clearer in our communications with the general public,” Governor Poloz told the Greater Victoria Chamber of Commerce. “And we will be as clear as we can be with financial markets, always guided by what we know and by what we do not know.”





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Transportation

Waterloo Regional Council endorses preliminary Stage 2 ION LRT route

Regional Councillors endorsed the Project Teams’ Preliminary Proposed Route (2018) for Stage 2 ION - LRT from Kitchener to Cambridge, but directed staff to continue to evaluate options in the Preston area.


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Tourism

World Tourism Organization and Globalia announce the first and largest worldwide competition for tourism startups

This pioneering initiative for the tourism sector reaches out to 164 countries to find startups aiming to transform tourism; Whether tech-based or non-technological, early-stage or more mature, any startup with innovative ideas capable of revolutionizing the way we travel and enjoy tourism is welcome to participate.

The tourism sector has taken a giant step into the future. The World Tourism Organization (UNWTO), in partnership with Globalia, the leading tourism group in Spain and Latin America, announced the launch of the 1st UNWTO Tourism Startup Competition. It is the world’s first and largest initiative devoted to identifying new companies that will lead the transformation of the tourism sector. In order to find the best projects, the call for competitors will be launched in 164 countries.


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COLUMNS & COMMENTS


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Financial Markets

Let Me Be Clear: From Transparency to Trust and Understanding

Remarks by Stephen S. Poloz - Governor speech to the Greater Victoria Chamber of Commerce

I am happy to be here in Victoria, a city with a beautiful natural setting and an economy that successfully blends old and new. You have the benefits of being a provincial capital and a natural tourist destination. And, today, the high-tech sector is your largest private industry.


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Food Processing

Soup's on: major upheaval awaits the food industry

Kraft Heinz may not get its hands on Campbell Soup, but the industry still faces major consolidation and widespread change - By Sylvain Charlebois

Campbell Soup Co. stocks soared after news suggesting the company could be bought by Kraft Heinz Co., one of 3G Capital and Warren Buffett's pet projects in the food sector. Even though the deal is highly unlikely, the rumours point to a much larger story in food processing. Since 2013, the acquire-and-cut modus operandi has worked well and made Kraft Heinz a more profitable enterprise. The 3G Capital-Buffett duo acquired Heinz in 2013 and then Kraft two years later.


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Blockchain

How to Make Sure Your Blockchain Project Doesn’t Fail

Recent studies show that 92% of blockchain projects fail. Vytautas Kaseta, president of Crypto Economy Organization, shares 8 tips to building a successful blockchain application

According to a recent study, 92% of blockchain projects fail, and the average lifespan of a blockchain startup is 15 months. However, blockchain technology doesn‘t seem to to lose its hype. What should blockchain developers know to be among the 8% of successful startups?


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Book & Tips

Change or Be Dragged: How to (Painlessly) Reinvent Yourself When Life Demands It

Change can be difficult, uncomfortable, and frightening. But sooner or later, most of us will have to reinvent ourselves (or risk getting left behind in today's fast-paced world). Successful businessman and author Paul G. Krasnow shares tips to help you embrace change and start moving in a better direction.

In these fast-paced times, it seems like change is the only constant we have. Some people accept change gracefully, while others hold on kicking and screaming. But today it's more important than ever to embrace change and be able to reinvent yourself. Why? Because innovation is changing markets daily, because our global economy has leveled the playing field and introduced more competition than ever before, and because life occasionally compels us to move in a new direction—like it or not.





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RESEARCH & EDUCATION


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Health & Wellbeing

Dementia research gets a boost with new Schlegel Research Chair

Waterloo – While more and more older adults are living with dementia, many are living well , thanks in part to researchers like Dr. Carrie McAiney . She works together with individuals with dementia, their families , and care partners to understand and address their future and current needs . Through collaboration , Dr. McAiney is redefining dementia care and support . With nearly two decades of research experience, Dr. McAiney has been appointed the Schlegel Research Chair in Dementia. The position is shared with the Schlegel - UW Research Institute for Aging (RIA) and the University of Waterloo ’s Faculty of Applied Health Sciences (AHS) . It marks the 10th Schlegel Chair position supported by the Schlegel family to enhance care and quality of life for older adults , and the fifth Schlegel Research Chair at UWaterloo .


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Health & Wellbeing

AI and radar technologies could help diabetics manage their disease

People with diabetes could be able to monitor their blood sugar without drawing blood using a system now being developed at the University of Waterloo. In a recent study, researchers combined radar and artificial intelligence (AI) technologies to detect changes in glucose levels without the need for painful finger pricks several times a day.


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Pay Models

How family physicians are paid is linked to their rate of referral to specialists

Researchers at Western University, University of Ottawa and the Institute for Clinical Evaluative Sciences (ICES) show that family physicians who switched from a blended fee-for-service payment scheme to a blended capitation model (a fixed rate per patient per year) increased their referrals to specialists by more than five per cent.


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Pensions

Retirement Savers Would Benefit from Longer CPP/QPP and OAS Deferral Period

Retirement savers would benefit from greater flexibility and security with a longer Canada and Québec Pension Plans (C/QPP) deferral period, according to a new report by the C.D. Howe Institute. In “Deferring Receipt of Public Pension Benefits: A Tool for Flexibility” authors Antoine Genest-Grégoire, Luc Godbout, René Beaudry, and Bernard Morency show that deferring receipt of public pension benefits makes retirement planning cheaper for Canadians who use capital accumulation plans such as RRSPs and defined contribution plans.


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Study

Autonomous Vehicles Will Clog City Centres unless Lawmakers Step Up, Says Boston Study

Shared autonomous vehicles will reduce the number of cars and overall travel times in cities but potentially worsen traffic and increase travel times in downtown areas, a World Economic Forum study suggests; To avoid pockets of increased congestion caused by switching from mass transit, state and local lawmakers must put forth policies and incentives that maximize the benefits of autonomous vehicles

Autonomous vehicles (AVs) will increase, not decrease, traffic in already overcrowded downtown areas. That is one of the main findings of a joint World Economic Forum and Boston Consulting Group (BCG) study with the City of Boston, released today. While AVs will reduce the numbers of cars and overall travel times across cities as a whole, the effect is not evenly distributed, with concentrated downtown areas potentially seeing a deterioration in traffic flow. City and state governments can intervene to encourage higher sharing of AVs and avoid a significant move away from mass transit systems, which remain essential for urban mobility.


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Food Awareness

Majority of teenagers need food safety education

A new study from the University of Waterloo highlights a low level of awareness among youth around the proper precautions they need to take when it comes to handling food. The study measured 32 different food-handling behaviours among Ontario high school students in grades 10 to 12. It found that fewer than 50 per cent of the recommended practices were followed by students, including basic hand hygiene and procedures to prevent cross-contamination.


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Global Tourism

International Tourism exceeds expectations in the first months of 2018

Growth in the Americas is estimated at 3%, with strongest results in South America (+8%). The Caribbean (-9%) is the only sub-region to experience a decrease in arrivals during this period

Madrid, Spain - International tourist arrivals grew 6% in the first four months of 2018, compared to the same period last year, not only continuing the strong 2017 trend, but exceeding UNWTO’s forecast for 2018. Growth was led by Asia and the Pacific (+8%) and Europe (+7%). Africa (+6%), the Middle East (+4%) and the Americas (+3%) also recorded sound results. Earlier this year, UNWTO’s forecast for 2018 was between 4-5%.


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Immigration

Release of the Report of the Independent Review of the Immigration and Refugee Board

Ottawa - The final report of the Independent Review of the Immigration and Refugee Board is now available here:


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WATERCOOLER


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Announcment

Grand River Energy Solutions Appoints New President

Grand River Energy Solutions Corporation (GRE), a joint venture company, owned by the three utility holding companies; Cambridge and North Dumfries Energy Plus Inc., Kitchener Power Corp. and Waterloo North Hydro Holding Corporation welcomes Michael Savel, as President and CEO. GRE delivers a range of innovative turn- key solutions designed to meet the needs of commercial, industrial and institutional customers . Michael and the experienced team at Grand River Energy are helping customers explore and identify new opportunities and financially efficient solutions embracing advanced energy technology including: Solar Net Metering, Virtual Net Met ering, Energy Storage, Metering, Electrical Vehicle Charging and technologi es that support energy electrification.


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National Recognition

Telecom Computer Inc. Scoops HPE Canadian Top Growth Partner of the Year Award

Burlington - Ontario-based technology solution provider Telecom Computer Inc. wins the Hewlett Packard Enterprise Top Canadian Growth Partner of the Year 2018 award at its Global Partner Summit. In a ceremony at its Global Partner Summit in Las Vegas, Hewlett Packard Enterprise (HPE) announced its Partner of the Year winners in its global regions and alliances.


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Living Wage

Kindred Sponsors Ontario Living Wage Network’s Employer Program Manager

Kindred Credit Union is pleased to announce $10,000 in funding to the Ontario Living Wage Network (OLWN). For the second consecutive year, Kindred’s contribution will help fund a full-time program manager role at OLWN. The process to become a living wage employer can take several months and an Employer Program Manager is essential to ensure that the Living Wage movement in Ontario continues to gain momentum.


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Recognition

Regional Council honours exemplary citizens in Waterloo Region

Waterloo Region – The Region honoured a number of volunteers at Regional Council tonight.

“Volunteers are at the heart of this great community and it is important that we pause to recognize all that they do”, said Regional Chair Ken Seiling. The Ontario Heritage Award for Lifetime Achievement and the Ontario Senior of the Year Award was given out.


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Sports Event

Kitchener-Waterloo selected to host Canada Soccer’s 2020 Toyota National Championships U-15 Cup

The Cities of Kitchener and Waterloo are excited to announce their selection by Canada Soccer to host the 2020 Toyota National Championships U-15 Cup, one of Canada’s premier amateur soccer competitions that brings together clubs from coast to coast to coast. The competition is scheduled to take place from October 7th– 12th, 2020. The full slate of host cities for the 2020 and 2021 championships were announced by Canada Soccer after an extensive bid evaluation process. The six host cities were selected from 15 candidates that expressed interest in hosting either the adult, U-17 or U-15 competitions.




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EVENTS


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June 28, 2018

Every Voice Counts - Add your voice for Social Development!

On June 28th, Social Development Centre Waterloo Region will be hosting their 51st Annual General (Social) Meeting at St John the Evangelist Anglican Church in downtown Kitchener. Members have always kept them grounded, and they wish to have your voice this year in setting up our Future Focus!

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July 9-20, 2018

Laurier’s BrainWorx summer camp uses fun to teach children about psychology

Crafts, games, sports, outdoor play – and plenty of learning about psychology and the brain. That’s what BrainWorx, a unique summer camp at Wilfrid Laurier University’s Waterloo campus, offers children aged six to nine. BrainWorx is run by Professor Kim Roberts, director of Laurier’s Child Memory Lab and a member of Laurier’s departments of Psychology and Criminology. Campers will have a chance to participate in studies that explore how children learn, remember and differentiate information. In the process, they learn how research works and about the areas being researched – all while having fun.


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July 10-12, 2018

OpenText Announces Inaugural Women in Technology Summit at OpenText Enterprise World 2018 in Toronto

Former U.S. Chief Technology Officer Megan Smith Leads an Inspiring Full-Day Lineup of Prominent Speakers and Panel Discussions

Waterloo – OpenText™, the global leader in Enterprise Information Management (EIM), announced its inaugural OpenText Women in Technology Summit at this year’s Enterprise World conference in Toronto, Ontario. In recognition of International Women’s Day and a global call to Press for Progress, OpenText is releasing its lineup of prominent speakers who will focus their talks on the opportunities and challenges of achieving diversity in the technology sector. OpenText Vice Chair, CEO and CTO Mark J. Barrenechea also released a blog on Press for Progress.


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July 17, 2018

Apparel Textile Sourcing Canada Show to Unveil Futuristic Clothing

Fashionwear that diagnoses, treats health conditions among products to be featured at Toronto show, August 20-22

Toronto – Canada is leading the way in breakthrough technologies in the rapidly-growing apparel and textile industry, with many innovations set to be unveiled to the public at the upcoming Apparel Textile Sourcing Canada (ATSC) show, August 20-22, 2018 in Toronto.


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November 8, 2018

Discover Rockway - Gr. 7-12 Open House

This event is an opportunity to see Rockway in action, meet the faculty, administration, parents and students and see why Rockway might be the right place for your family. Join us! Register at Rockway.ca






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Copyright, 2018