Published Tuesday January 23, 2018



U.S. Tax Reform - Part 2 of 6

Tax Reform Becomes Reality: What Does It Really Mean For Canadians?

by Julia Klann

Part II

On December 22, 2017, President Trump signed into law the biggest change in US tax law in over 30 years. As the world processes the changes to the US tax system, most of which are effective January 1, 2018 (and some with retroactive effect), Canadians with ties to the US tax system are wondering what the implications of tax reform will mean to them.

Economic Development

‘New Concept’ for Europe’s Revival

Policy recommendations put forward by policy experts from all stakeholder groups and youth from across the continent focus on five areas: human-centric economy; security and defence; migration and borders; democracy and governance; energy and sustainability; Concerns remain about Europe’s ability to shape the Fourth Industrial Revolution for the benefit of all and to fully leverage its innovation potential - WeForum January 2018

Europe’s leaders must embrace a bold and innovative programme of reform across the policy agenda to secure a peaceful, prosperous and stable future. This is the finding of a new research paper, New Concept for Europe, published today by the World Economic Forum.


See how the rest of the world lives, organized by income

What does it look like when someone in Sweden brushes their teeth or when someone in Rwanda makes their bed? Anna Rosling Rönnlund wants all of us to find out, so she sent photographers to 264 homes in 50 countries (and counting!) to document the stoves, bed, toilets, toys and more in households from every income bracket around the world. See how families live in Latvia or Burkina Faso or Peru as Rosling Rönnlund explains the power of data visualization to help us better understand the world.

Human Resource

Five Secrets to be a Great Interviewer

By Magi Grazian

With the generational and workforce demographic challenges adversely impacting everybody's ability to attract, hire, engage, develop and retain people, you need a leg up on ensuring that you are putting your best foot forward in the employee selection process. Gallup reports that, on average, 30% of all hires feel mismatched to their role, and almost 70% of all working people feel somewhat disengaged either in their role or in their organization. The reality about these statistics is that is all begins with the hire



Mayor of Waterloo launches new pilot workshop to inspire Grade 7 girls in STEAM

Mayor Dave Jaworsky launches a pilot workshop for Grade 7 girls interested in science, technology, engineering, art/design and mathematics – STEAM. The half-day session originated as an idea between the Mayor and his spouse Jan Jaworsky, both University of Waterloo mathematics graduates. “Statistics have shown that fewer girls pursue studies and eventually careers in math and engineering in particular than boys do. We need to break down any barriers and perceptions and show girls that if this is something they excel in and are interested in, they can pursue it,” said Mayor Jaworsky.

Small Business

Red tape costs Canadian businesses $10 billion Annually

Small businesses pay five times more per employee than larger businesses, says CFIB

The overall cost of regulation for Canadian businesses is $36.2 billion, $10 billion of which can be considered unnecessary, redundant or overly burdensome “red tape”. This is the finding of the latest research from the Canadian Federation of Independent Business (CFIB) being released on the first day of CFIB’s annual Red Tape Awareness Week.


Kitchener delivers sustainable budget under rate of inflation

Taxes to increase by 1.6%

Kitchener council approved their 2018 budget, which includes a city tax rate increase of 1.6 per cent. Based on the average residential household assessment of $300,000, the city portion of the annual property tax rate will increase by $17 per year, or $1.42 per month. Combined with water, sanitary and stormwater utility increases of 6.5 per cent ($73 per year or $6.08 per month) the overall annual increase for the average Kitchener homeowner in 2018 is $90.

Inclusive Development

Focus on GDP Fuelling Inequality and Short-Termism

Inclusive Development Index shows that economies are prioritizing policies that support short-term growth over inclusion and sustainability, despite concerns about social inequality: Of the G7 economies, Germany (12) ranks the highest. It is followed by Canada (17), France (18), the United Kingdom (21), the United States (23), Japan (24) and Italy (27).

Decades of prioritizing economic growth over social equity has led to historically high levels of wealth and income inequality and caused governments to miss out on a virtuous circle in which growth is strengthened by being shared more widely and generated without unduly straining the environment or burdening future generations. These are the findings from the World Economic Forum’s Inclusive Development Index 2018, which is released yesterday.

Parking & Getting Around

City of Waterloo Seeks Community Car Share Business

City of Waterloo Council approved a recommendation to begin negotiations with a Montreal - based for profit car - sharing company on a new agreement to replace the 2014 - 2019 agreement with the People’s Car Co-operative.

Technology Evolution

Meet Jarvis, Blackberry's self-driving car security software

In a keynote address at the North American International Automotive Show (NAIAS), BlackBerry Limited Executive Chairman and CEO, John Chen, unveiled BlackBerry Jarvis, a transformational software cybersecurity product. BlackBerry is initially marketing this solution to automakers, whose complex software supply chains create compelling and urgent use cases that Jarvis can help solve today. Jarvis is also applicable to other industry segments including healthcare, industrial automation, aerospace, and defense.

Trillum Fund

OLG makes 3rd Quarter Payment to Centre Wellington

Ontario Lottery and Gaming Corporation (OLG) issued a third-quarter (October to December, 2017) non-tax gaming revenue payment of $540,715 to the Township of Centre Wellington for hosting OLG Slots at Grand River Raceway. Since December 2003, Centre Wellington has received more than $28.5 million in non-tax gaming revenue.

Economic Development

Waterloo grants additional commercial building improvement loans

City of Waterloo Council approved the issuance of two commercial building improvement loans. The loans are for $30,000 each. One will be used at 56 King Street North for construction of new bathrooms, upgrading existing bathrooms and other enhancements. The second is for 33 Young Street and will see a residential unit converted to office space.Both loans were approved through the CommunityImprovement Plan (CIP) which awarded more than $950,000 in grants in 2017.


Mompreneurs Anna Lozano & Lindy Sood selected as Finalists for the2018 Mompreneur(R) Startup Award

The Top 23 finalists have been selected and local Mompreneurs Anna Lozano & Lindy Sood of Love Powered Co. in Milton have been named one of Canada’s Top moms in business by their peers and the community. The task of determining who will win the 2018 Mompreneur® Startup Award will now be left up to an expert panel of judges. The winner will be chosen based on a set of specific criteria including product & service innovation, growth potential and scalability, revenue, inspiration to others and community impact.


Environmental Ambition

New Partnership Aims to Sequence Genomes of All Life on Earth, Unlock Nature’s Value, Tackle Bio-Piracy and Habitat Loss

Initiative launched today could replicate success of Human Genome Project, which delivered huge scientific and medical advances and at least $65 to the US economy for every public dollar spent; By creating an open-source database for all plants, animals and single-cell organisms, it could provide the commercial incentive to preserve Earth’s biodiversity

The World Economic Forum announced today an ambitious partnership to sequence the DNA of all life on Earth and create an inclusive bio-economy, as part of its Fourth Industrial Revolution for the Earth Initiative.

Economic Sustainability

Reskilling Revolution Needed for the Millions of Jobs at Risk Due to Technological Disruption

Without reskilling, only 2% of workers would have an optimal opportunity to transition to new jobs – while 16% would have none at all

The global economy faces a reskilling crisis with 1.4 million jobs in the US alone vulnerable to disruption from technology and other factors by 2026, according to a new report, Towards a Reskilling Revolution: A Future of Jobs for All, published by the World Economic Forum.


Vaccines not protecting farmed fish from disease

The vaccines used by commercial fish farmers are not protecting fish from disease, according to a new study. The study was compiled by researchers at the University of Waterloo, the Pontifical Catholic University of Valparaiso and Chile’s University of Valparaiso. It showed vaccinated fish tend to show more symptoms when contracting diseases, with the health impacts and ultimately deaths occurring as if they’d never received a vaccine.



National Employment Report: Employment in Canada Decreased by 7,100 Jobs in December 2017

Employment in Canada decreased by 7,100 jobs from November to December according to the December ADP® Canada National Employment Report. The report is derived from actual ADP payroll data, measures the change in total nonfarm payroll employment each month on a seasonally-adjusted basis.


School Program Revamp Helps Kids

When a child or youth is struggling with complex mental health issues requiring intensive support, they can’t wait. A $100,000 grant from The Cowan Foundation enabled Lutherwood to reduce wait times and improve treatment and academic outcomes by restructuring its mental health treatment and academic program delivery.

Mental Health Services

Carizon Celebrates A Year of Providing Walk-In Counselling Services

In January of 2017, Carizon Family and Community Services was pleased to announce the launch of a new Walk-in Counselling Service for the residents of Waterloo Region. This move was designed to improve access to mental health services and complement counselling services delivered throughout the Region. Research has demonstrated better results when individuals receive help immediately according to local university researchers.

Leadership Event

Leadership Waterloo Region’s 15th Annual Fire & Ice Gala honouring Cambridge Self-Help Food Bank Executive Director, Pat Singleton

Pat Singleton, who went from recipient to Executive Director of the Cambridge Self-Help Food Bank, will be recognized for decades of outstanding service to the community at this year’s Leadership Waterloo Region Fire & Ice Gala.


Women in Capital Markets Announces New President and CEO, Camilla Sutton

The Board of Directors of Women in Capital Markets (WCM) announced that Camilla Sutton has been appointed President and CEO, effective January 22, 2018. Most recently, Ms. Sutton was Scotiabank's Global Head of Foreign Exchange.
"Camilla is a respected, talented and motivated leader with a strong business acumen, and a capital markets veteran. Her hire is a significant achievement for the organization," said Mari Jensen, Chair, WCM Board of Directors. "Camilla is the right leader for WCM during this important stage of growth, and I am confident she will continue to drive change in Canada's boardrooms, executive offices and workplaces."


Laurier remains a top choice for prospective students as first-year applications grow for fourth year in a row

Wilfrid Laurier University continues to be a top choice for students seeking an outstanding, high-quality university experience, according to application numbers released by the Ontario Universities’ Application Centre (OUAC).

AI & Humans

Pope Tells Participants Human-Centric Economy Is ‘A Moral Imperative’

In a message to participants, His Holiness Pope Francis urged participants at the World Economic Forum Annual Meeting to take bold steps to build a sustainable, human-centred future

His Holiness Pope Francis helped open the 48th World Economic Forum Annual Meeting with a special message, passionately calling on participants to overcome fragmentation between states and institutions and work together to facilitate more inclusive approaches in an increasingly globalized world.

Global Destinations in Conflict

Middle East & North Africa tourism consolidates recovery

International tourism in the Middle East and North Africa showed clear signs of recovery in 2017 with growths of 5% and 13%, respectively. Against this backdrop, tourism ministers, Spanish authorities and private sector gathered to discuss future tourism prospects at the Ministerial Round Table on Tourism Development in the MENA Region, during the Madrid International Tourism Fair in Spain (18 January, FITUR Madrid).

Global Accounting

If You Can’t Measure It, You Can’t Improve It: World Economic Forum Coalition Develops 55 New Financial Inclusion Metrics For World’s 2 Billion Unbanked

A coalition of the world’s leading international organizations and companies unveiled a new set of metrics that will help measure the access, usage and impact of financial services for the so-called “unbanked”; The metrics will allow the development of business strategies and public policies to lift people out of poverty by “financially including” them, as they allow more granular analysis of opportunities and roadblocks in developing markets

Last week the World Economic Forum and 15 of its partners launched a new financial inclusion measurement framework. It defines the metrics that are crucial to understanding and improving how hundreds of millions of people access and use financial products like digital payments, savings accounts, and loans in the developing world.


January 24, 2018

Grand Opening of Waterloo Wellington Local Health Integration Network and CarePartners Physiotherapy Care Centre

On Wednesday, January 24, the Waterloo Wellington Local Health Integration Network and CarePartners are celebrating the grand opening of a new physiotherapy care centre. Patients in Waterloo Wellington who have received hip and knee replacements will be able to access physiotherapy at this new location.

January 25, 2018

Clearly Spoken Reporting and Transcription services Celebrates 10 years with Open House

Celebrating 10 years of exceptional service and launching Clearly Solved, Arbitration and Mediation services, we invite you to attend our Open House.

January 26, 2018 - Lunch Event

Centre for Family Business - What can Communitech do for Family Business?

Avvey Peters is Vice President, Partnerships with Communitech. She focuses on strategic communications, advocacy, and partnership development to advance the Waterloo Region tech sector. Avvey is also cross-appointed as Managing Director of the Canadian Digital Media Network – a group of 26 innovation hubs across Canada, which focus on supporting the growth and success of small and mid-sized digital companies across the country.

February 1, 2018

CELC Employer Recognition Event

The Community Employment & Literacy Committee is hosting its second annual CELC Employer Recognition Event. This event recognizes employers who have gone above and beyond to support meaningful employment opportunities including but not limited to offering work experiences, training, and employment opportunities.

February 13, 2018

Child Witness Centre Host Pancake Lunch

Tuesday, February 13th marks the 20th Anniversary of the Child Witness Centre's Annual Pancake Lunch fundraiser. It's a highly-anticipated event that provides an opportunity to enjoy some networking with your colleagues, get together with friends or take your staff or clients to lunch while knowing that your attendance will make a significant difference in the lives of children and youth who have been victims or witnesses of abuse or crime.

April 26, 2018

Fashion for Life/White Party to Support SPY Imaging Technology for Reconstruction Patients

Fashion for Life/White Party will continue their mandate of supporting local cancer survivors with their event planned on April 26th. This will be the second year Fashion for Life/White Party directs their proceeds to Breast Reconstruction at Cambridge Memorial Hospital.

Thursdays After Hours


Unique Experience Starts… When The Doors Close

MAD (Museum After Dark) is for those looking for something a little different; something that kicks off as night falls and has the exclusivity of an after-hours soiree. Step out of your comfort zone for a truly INTEResting experience this New Year. THEMUSEUM’S multi-model art exhibition INTERACTION features drop-in programming geared toward the Region’s young professionals. And by young professionals, we mean those who are 19+ as INTERmix will have you slinging drinks faster than Tom Cruise in Cocktail. is distributed twice weekly; Tuesday and Thursday


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