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evolv1, Canada’s First Zero-Carbon Building, Officially Opens Its Doors
The Cora Group, a premier developer and manager of Class A office space located in the Waterloo Region, officially opened the doors to evolv1, the first-ever zero carbon office building in Canada. The building’s tenants include globally leading professional services firm EY, TextNow, one of North America’s fastest growing tech companies, as well as, the evolvGREEN partnership comprised of Sustainable Waterloo Region, the Accelerator Centre, Wilfrid Laurier University, and the University of Waterloo.
Last Friday, Ontario's Government announced it is taking its next step in opposing the federal government's unconstitutional carbon tax, which threatens Ontario jobs and would make life less affordable for families each time they leave home. "Most of Canada's progress towards meeting its greenhouse gas emission targets is due to action Ontario has taken without having to resort to a job-killing carbon tax," said Rod Phillips, Minister of the Environment, Conservation and Parks. "Ontario is already doing its part and our families, workers and businesses have already sacrificed a lot. There is no justification to punish them further with a carbon tax."
The Government of Canada is ensuring the right measures are in place to provide Canadian entrepreneurs with the resources and opportunities they need to succeed. Last Friday Bardish Chagger Member of Parliament for Waterloo announced additional FedDev Ontario funding of up to $5.5 million to create more jobs, companies and innovative products through the Accelerator Centre.
The Cowan Foundation is delighted to announce that Mary D’Alton will join The Foundation as Executive Direct or, effective January 2, 2019. Mary is a highly respected leader in the hospitality industry and a passionate philanthropist. In her most recent role, she was the Executive Director at Nutrition for Learning, Waterloo Region. Currently, she also sits on the boards of many non- profit org anizations.
In April 2018 the government of Saskatchewan decided to challenge the federal government’s jurisdiction in regard to climate action measures, arguing its Greenhouse Gas Pollution Pricing Act reaches beyond federal powers. To date, the governments of Ontario, Manitoba and New Brunswick are intervening in support of Saskatchewan while the government of BC is supporting the federal government.
Perimeter has taken another step to better support and encourage diversity in physics with the appointment of its first Equity, Diversity, and Inclusion Specialist.
Quantum physicist and Perimeter Affiliate researcher Shohini Ghose was appointed to the part-time role this fall. It builds on her work as the Director of the Laurier Centre for Women in Science at Wilfrid Laurier University, where Ghose is also a professor of physics and computer science specialising in quantum chaos theory.
GDP increased by 2.0% in Q3, matching the consensus expectation. The result was stronger than our expectation of a 1.7% gain. In the quarter, net trade was the main factor behind the gain, with smaller contributions from consumption and government spending. Overall, net trade made a 3.0 percentage point (ppt) positive contribution to GDP growth in Q3. This was the largest boost to GDP growth from net trade since 2016 Q4. Much of the quarterly increase in net trade was due to a sharp 7.8% drop in imports. HSBC's GDP forecast was based on a smaller contribution from net trade.
On the anniversary of the supposed handover of the Waterloo Region’s newest patient care wing, Patrick Gaskin, president and CEO of Cambridge Memorial Hospital (CMH), published an open letter to the community. In his letter, Gaskin describes the frustration the hospital has with the two-year construction delay and answers some of the questions he has been asked by concerned members of the community. He also states the hospital has exercised all of its options in accordance to the project agreement. The hospital will be in a position to act decisively in December.
Canadian companies that do business in the United States should determine how they will be affected by new proposed regulations affecting interest expenses. The IRS has now published proposed regulations that provide new details on the expanded application of the interest expense limitations in section 163(j), which were first included in the sweeping U.S. tax reform changes introduced in late 2017.
Don’t you wish your salesforce sold twice as much as your competitors, your business was extremely profitable and your salespeople and customers loved you? Is this even possible? Chik-fil-A produces twice as much revenue as any other fast food chain and they are closed on Sundays. An investment in Southwest Airlines in the early 1970’s of $10,000 dollars was worth close to $12 million in 2000—the highest return of almost any company in a 30-year period—and it’s a low cost airline in a very competitive industry. Zappos shoes went from start-up to being bought by Amazon in 10 years for more than 1 billion dollars. These companies all have one at least one thing in common.
With thousands of Canadian jobs being eliminated and tens of thousands more at risk from devastating U.S. tariffs on Canada's steel and aluminum industries, it is unconscionable for Prime Minister Justin Trudeau to sign a new North American trade deal, the United Steelworkers (USW) union says.
The Co-operators released a Climate Commitment, alongside the UN Environment Programme Finance Initiative's (UNEP FI) biennial Global Roundtable taking place this week in Paris, France. The commitment outlines actions the organization will take to address climate-related risk and seize opportunities presented by the low-carbon economy.
Heads of 50 major global businesses representing more than $1.5 trillion in total revenue today publish an open letter to world government leaders urging greater collaboration to accelerate outcomes in the race against climate change. Leaders from the Forum’s Alliance of Climate Action CEOs are committed to using their positions to help meet the Paris Climate Agreement goals. Thirty of the companies that signed the open letter succeeded in reducing emissions by 9%, (more than 47 million metric tonnes in absolute terms) between 2015 and 2016, the equivalent of taking ten million cars off the road for one year.
Many Canadian importers and exporters will welcome news that Canada’s new trade agreement with the United States and Mexico has moved closer to enactment. The United States-Canada-Mexico Agreement (USMCA), the revamped successor agreement to the North American Free Trade Agreement (NAFTA) took another significant step forward as the leaders of Canada, the United States and Mexico signed the proposed agreement at the G20 summit in Buenos Aires, Argentina on November 30, 2018. Now that the agreement has been signed, each of the countries’ legislatures are required to ratify the agreement before it enters into force.
Endy, Canada's leading online mattress brand, announced it has signed an agreement with Sleep Country Canada Holdings Inc. ("Sleep Country" or "Sleep Country Canada") (TSX: ZZZ) to be acquired for approximately $89 million. This acquisition represents a landmark deal in Canadian e-commerce.
A private member’s bill that would level the playing field for organic farms and businesses in Ontario passed second reading today, and took one step closer to becoming law. The bill, which passed first reading on Nov. 12th, was tabled by Jim McDonell, MPP for Stormont–Dundas–South Glengarry (PC). “Many Ontarians choose to pay a premium for organic food,” says MPP McDonell. “Should this Bill pass, it will provide consumer confidence in quality products for the continued success of the organic food industry.”
Wilfrid Laurier University has introduced the Laurier Experience Record, an online tool that allows students to maintain a comprehensive, validated record of their curricular and co-curricular activities and the skills and competencies they’ve gained. The Experience Record, combined with the recently renamed Experiential Learning & Career Development Centre, reflects Laurier’s focus on students’ access to experiential learning.
The Property and Casualty Insurance Compensation Corporation (PACICC) announce that Alister Campbell has been appointed President and Chief Executive Officer of the Corporation, to take effect February 4, 2019. Campbell's appointment will also mark the retirement date of PACICC's highly-respected and long-time President and CEO, Paul Kovacs. Paul will continue to serve as Executive Director of the Institute for Catastrophic Loss Reduction (ICLR). Lawrie Savage, Chair of the PACICC Board of Directors, stated that "Paul has served PACICC with distinction for 15 years and finding the right successor was certainly a challenge.
The City of Cambridge will hold its Council Inauguration ceremony on Tuesday, Dec. 4, 2018 in Council Chambers at Historic City Hall, 46 Dickson St at 7 p.m. During this ceremony, Mayor and Council will be formally sworn into office for the 2018-2022 term.
Yesterday the City of Kitchener the inaugural meeting of Kitchener’s new city council was held inside council chambers at city hall. The mayor and seven incumbent councillors won re-election in October and are joined by three new councillors: Christine Michaud representing Ward Four, Margaret Johnston representing Ward Eight and Debbie Chapman representing Ward Nine. This new council marks a historic moment for the City of Kitchener – for the first time, municipal council has equal gender representation with five women and five men.
Waterloo Region – The Region of Waterloo is working with Ontario Works recipients to mitigate any issues caused by a delay in the delivery of their December cheques.
The world’s largest leadership event is back by popular demand! Drayton Entertainment and the Cambridge Chamber of Commerce will once again team up to host Leadercast, an educational event aimed at developing leaders across all industries and at any career level, so they are better equipped to take on the next challenge and inspire others. The 2019 event will be streamed live at the Hamilton Family Theatre Cambridge on Friday, May 10.
The Immigration Partnership is partnering with the United Nations Migration Agency (International Organization for Migration - IOM) to host the second annual Global Migration Film Festival (GMFF) in Waterloo Region. Launched by the IOM to celebrate International Migrants Day on December 18, the GMFF features new films that capture the promise and challenges of migration for those who leave their homes in search of a better life and shows the unique contributions migrants make to their new communities.