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Thursday August 2, 2018

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MONITOR


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Industry

Online grocery stampede changing the food retail landscape

The Amazon-Whole Foods buyout shocked the grocery world and is now leading to death by a thousand cuts for the food industry - By Sylvain Charlebois

One after the other, grocers are going online. All of them, at some point over the last 12 months, have announced some sort of commitment to an e-commerce strategy. Costco launched its home delivery pilot in Ontario, while Maxi, Loblaws' discount stores in Quebec, jumped on the virtual bandwagon with their Click and Collect program. Grocers are no longer content with waiting for customers to walk through the door. They now accept that they must go after and work harder for the money. The wake-up call for food retailers came when Amazon purchased Whole Foods in the U.S. in August 2017.


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Canada: GDP

The economy outperforms

Economic growth surprised to the high side in May; Goods producing industries, mainly oil extraction and agriculture were the main surprises; Q2 now looks on pace to post the best quarterly growth rate in four quarters - by David Watt

The economy outperformed in May. There were broad gains in economic activity. Indicators of short-term economic momentum suggest that the economy is stabilizing following a period of moderating growth since mid-2017. Some of the good news in the month was expected. For example, preliminary data had pointed toward solid gains in wholesale and retail trade. As well, the professional and scientific services sector continues to make a notable positive contribution to economic growth.


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Award Winners

2018 GTAN Pauli Awards

Following their June Investor Meeting, GTAN hosted their 7th annual Pauli Awards at Bingemans in June. GTAN honoured two outstanding members of their angel group and an investee company whose efforts over the past year have earned them the titles of Angel of the Year, David Borges Community Builder and Company of the Year. “As we close out our ninth season, it was an honour to celebrate the achievements of our 2018 Pauli Award Winners,” says President of GTAN Rob Douglas. “We were delighted to have a full house of members and guests join us for our June Investor Meeting and in recognizing the award recipients before our summer break.”

The Angel of the Year Award was presented to GTAN Angel David Rich (above centre), who has demonstrated to be an active member, contributing significant time and investments throughout the past year.






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Global Tourism

Laying out a Sustainable Future for Urban Tourism

Urban tourism and its potential for more sustainable and inclusive cities will be the major focus of the 7th UNWTO Global Summit on Urban Tourism (16-19 September 2018) in Seoul, Republic of Korea. The Summit aims to set out a vision looking to 2030 for this rapidly-growing tourism segment. The Summit, the first of its kind in North-East Asia, is designed to encourage new strategic approaches to the challenge of a growing tourism sector and its impact on urban destinations, through sharing of innovative ideas and experiences. Innovative approaches to competitiveness in urban destinations, technology’s impact on urban tourism, rejuvenation of cities, and increasing inclusion in city development are among the topics to be featured.


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Trade

Canada can eliminate supply management by following Australia's lead

The opening of the dairy market was done systematically over eight years to allow time for farmers to transition - By Jon Berry, Alan Oxley and Dan LeRoy

As trade tensions between Canada and the United States over North American Free Trade Agreement (NAFTA) renegotiations continue, and U.S. President Donald Trump places Canada's protection of various sectors of its agricultural industry front and centre, Canadian policy-makers would be well advised to learn lessons from their Commonwealth cousins in Australia about phasing-out supply management. Canada's policy of supply management means that Canadians pay much higher prices for staple foods such as milk, cheese, eggs and poultry. These higher prices are enforced in two ways.


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Fund Raising

The Home Depot’s Kitchener West and Waterloo stores raise $15,000 to Help Local Youth

Waterloo, July 31, 2018: The Home Depot’s Kitchener West and Waterloo stores have supported Waterloo Region youth for five years and through their Orange Door Project fundraising campaign have collectively raised more than $135,000 for Safe Haven Shelter. In June, the two local stores constructed very creative displays to attract the attention of their in-store customers and they invited customers to purchase a “paper door” for $2 at the checkout. This year, The Home Depot and its customers raised $15,000 to help prevent youth homelessness in Waterloo Region.






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Relocation

Mappedin Doubles in Size and Announces Move to Waterloo and 13,000 sqft of Newly Renovated Office Space

Mappedin announced its move from Downtown Kitchener to 13,000 sqft of newly renovated office space in Waterloo. The company, which serves some of the world’s leading REITs and mall owners has experienced dramatic growth since it was founded in 2011, with employee numbers swelling to 56, representing a nearly 50% annual growth in staff numbers over the past year. With more growth on the horizon, it was time for the company to more than double its square footage, says MappedIn Founder and CEO Hongwei Liu. “Our new office space is a perfect fit for where and who we are a business today and who we’ll be in the future,” says Liu. “In selecting our new home, Waterloo was the top pick. It’s close to home for many of our employees, offers conveniences such as free parking, and is nearby to both University of Waterloo and Laurier University, making the location very convenient for co-op students.”


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Wheat Class

NFU asks CGC Commissioners to uphold farmers’ interests and Canada’s grain quality standards

On July 27, the National Farmers Union (NFU) wrote a letter to the three Commissioners of the Canadian Grain Commission (CGC) to express serious concerns about a proposal being developed for a new Eastern wheat class that would have no end-use quality requirements and a grading schedule that promotes selling via Identity Preserved (IP) contracts. After the grain sector rejected a proposal for a new class with no parameters in 2017, the CGC set up a consultation process to review and evaluate the existing eastern wheat class structure before implementing any changes. Both the new proposal and the process involved in developing it have raised concerns serious enough that the NFU has brought them to the attention of the Commissioners.


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Around the World

Rising healthcare costs draining pensioners finances in Kenya says survey

Nairobi - Kenyans in retirement use up to 25% of their scarce financial resources on the rising medical expenses leaving barely enough for other basic needs, a survey conducted by pension administrator, Enwealth Financial Services and Strathmore University has revealed. More than 80% of the pensioners surveyed expressed concern over the lack of adequate medical insurance to cater for the increasing risk of poor health in old age with only 30% having a comprehensive medical insurance cover. The findings raise the concern of whether the government and industry players are doing enough to address the issue of availability and affordability of healthcare in retirement.


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RESEARCH & EDUCATION


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Study

Better way found to determine the integrity of metals

Researchers at the University of Waterloo have found a better way to identify atomic structures, an essential step in improving materials selection in the aviation, construction and automotive industries. The findings of the study could result in greater confidence when determining the integrity of metals. Devinder Kumar, a PhD candidate in systems design engineering at Waterloo, collaborated with the Fritz Haber Institute (FHI) in Berlin, to develop a powerful AI model that can accurately detect different atomic structures in metallic materials. The system can find imperfections in the metal that were previously undetectable.


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R&D

AI system makes finding potholes cheaper and easier

Governments may soon be able to use artificial intelligence (AI) to easily and cheaply detect problems with roads, bridges and buildings. A new AI software system developed by researchers at the University of Waterloo automatically analyzes photographs taken by vehicle-mounted cameras to identify potholes, cracks and other defects. “If governments have that information, they can better plan when to repair a particular road and do it at a lower cost,” said John Zelek, an engineering professor at Waterloo. “Essentially, it could mean lower taxes for residents.”


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Education

Young Canadians gain experience on the farm

Young Canadians are pivotal to the growth of Canada’s agriculture sector. The Government of Canada is committed to helping young people gain the skills and work experience they need to transition into the labour market while learning sustainable farming practices for a cleaner more prosperous Canada. “The Agricultural Youth Green Jobs Initiative has been an excellent tool in the introduction and recruitment of qualified personnel to our operation. Through this initiative, we were able to accelerate a number of projects pertaining to plant health, food safety, and the incorporation of new greenhouse infrastructure and technology.







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WATERCOOLER


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Visitor Guide - Waterloo Region

LINK Picnic Festival


Joy & Magic for the whole family! Get ready for engaging activities at the LINK Picnic Festival and Family Carnival Costume Parade as it celebrates its 13th year of bringing African and Caribbean art, music, and culture to Waterloo Region. The festival will be held in Kitchener’s Victoria Park on Saturday, August 25th and Sunday, August 26th. Before the festival days at the park, the public can get involved through a free African Dance Class that begins on Thursday, August 2nd and Impromptu Drumming Workshops that occur in public spaces throughout the month.

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This Weekend

Blackwing Coffee Bar flies in to help 26th annual Mill Race Festival of Traditional Folk Music

Free-admission event Aug. 3, 4 and 5, 2018 in Cambridge ON

Cambridge – Blackwing Coffee Bar jumped in to help the 26th annual Mill Race Festival of Traditional Folk Music on the Civic Holiday weekend. A month ago, festival organizers learned that a key downtown music venue – the Kiwi Gastropub – had closed without warning. After announcing the 2018 Mill Race festival would go on with one fewer live music location, Blackwing’s owner called to offer the bar as a replacement performance area Aug. 3, 4 and 5, 2018. “We saw the post on Facebook and knew this was an opportunity for us to help the community and let everyone know we want to be involved in community events,” said Katherine Chiles, who also owns Death Valley’s Little Brother in Waterloo.


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Visitor Guide Ontario

Explore Unique Caribbean Flare at Grace JerkFest

Get immersed in the flavours and aromas of the islands from August 9th to 12th at Centennial Park in Etobicoke

There is nothing quite like the mixture of spice and smoke on the palate like you get with a traditional jerk cooking. “Jerk cooking is not only delicious, it is historically and culturally important to the Caribbean,” says Anthony Plummer, Executive Director of the Festival. “Today it is more than just a flavour from the islands. Jerk food can be found pretty much anywhere around the world. At Grace Jerkfest, we’ll take you back to its roots with some unique twists and variations that honour traditional jerk cooking and seasoning.”


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Aquisition

Dye & Durham acquires ESILaw, a leading practice management and accounting software solution provider to law firms

Dye & Durham announces today that it has acquired 100% of ESI Software Inc. Founded in 1983, ESILAW provides law firm practice management and financial accounting and billing tools that maximize productivity for law firms. The acquisition creates immediate synergies for both business lines by bolstering the combined product offers to an expanded customer base.


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Arts Fund

Region of Waterloo Arts Fund Open House on August 14

No pre-registration required; just stop by

The Region of Waterloo Arts Fund is hosting an Open House for artist and arts organizations interested in applying to the Fall 2018 round of grants. Arts Fund board members will be available to share general information about the Fund and its mandate. First-time applicants are encouraged to attend the 15 minute presentation at 5:15 p.m. This will be followed by an informal opportunity to engage with Directors and staff from 5:30 until 7 p.m.



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Sale

Western Financial Group announces acquisition of Ontario-based DMW Insurance Ltd.

Western Financial Group Inc. ("Western") continues to expand its operation through the acquisition of another Ontario-based brokerage. DMW Insurance Ltd., located in Toronto has joined Western's brokerage team which serves customers across Canada.



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EVENTS


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August 12, 2018

Cambridge Rotary Ribfest Returns

One of the most delicious events in the region is fast approaching on Friday August 10 to Sunday August 12 in Riverside Park, Cambridge. Enjoy FREE Admission, Parking, Entertainment & KidZone at this popular family-friendly event. A donation to Rotary is greatly appreciated.


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August 20-22, 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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October 24, 2018

Partners in Prevention Health & Safety Southwestern
Conference

Bringing the Latest OH&S Updates to Your Community

The Canadian health and safety landscape is constantly changing. Whether it’s new legislation, innovations in technology, quality and safety standards, changing demographics or workplace culture, today’s health and safety community is challenged with staying ahead of the curve.


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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