Tuesday October 1 , 2019
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MONITOR


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Environment

Global tourism vulnerable to climate change

Climate change will have widespread consequences on the future of tourism, a new study from the University of Waterloo has found.

Researchers identified the highest levels of climate change vulnerability in regions where tourism growth is expected to be the strongest, and often coincides with countries that invest most heavily in their tourism sector. “Our research provides new insight into the geography of climate change risk to the global tourism economy and what that means for economic development in countries that depend on tourism,” said Daniel Scott, a professor at Waterloo’s Faculty of Environment, and executive director of the Interdisciplinary Centre on Climate Change (IC3) (photo). “The greatest risk exists in many developing countries, particularly small island states where tourism is also the largest sector of the national economy and the largest employer.”


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Trade

WTO lowers trade forecast as tensions unsettle global economy

The darkening outlook for trade is discouraging but not unexpected

Escalating trade tensions and a slowing global economy have led WTO economists to sharply downgrade their forecasts for trade growth in 2019 and 2020. World merchandise trade volumes are now expected to rise by only 1.2% in 2019, substantially slower than the 2.6% growth forecast in April. The projected increase in 2020 is now 2.7%, down from 3.0% previously. The economists caution that downside risks remain high and that the 2020 projection depends on a return to more normal trade relations.


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Changing Business

Laurier’s Lazaridis International Case Competition draws top business students from around the world

Waterloo – The Lazaridis School of Business and Economics at Wilfrid Laurier University will host its second annual Lazaridis International Case Competition from Oct. 13 to 19, attracting students and faculty from 12 leading business schools in North America, Europe and Asia. Students will compete against each other to come up with unique and creative solutions to real-world business problems. Students will also have the opportunity to learn from and network with leaders in the technology sector.


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Recognition

Local Aviation Professor Receives Education Award

Northern Lights Aero Foundation (NLAF) has awarded the Elsie McGill Education Award to Dr. Suzanne Kearns, as associate professor of aviation in the Faculty of Environment at the University of Waterloo and associate of Waterloo Wellington Flight Centre (WWFC) at the annual gala event on Saturday, September 28. Waterloo Wellington Flight Centre (WWFC) nominated Dr. Kearns in March for the award. Her many contributions and experience in aviation and education made her a strong candidate.





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Cyber-Security

Statement by the Solicitor General on the Opening of the OPP's New Cyber Operations Centre

Yesterday, Solicitor General Sylvia Jones issued the following statement to mark the opening of a state-of-the-art Ontario Provincial Police (OPP) facility dedicated to cyber operations: "Today, alongside OPP Commissioner Thomas Carrique, I had the privilege to be part of the opening ceremony for the OPP's new, state-of-the-art Cyber Operations Centre. With the rapid acceleration of technology and global access through the internet, crime has become increasingly sophisticated, dramatically changing the nature of policing and public safety in recent years. In addition to cyberbullying, child sexual exploitation, human trafficking, hacking, identity theft, online fraud, and ransomware, most criminal investigations rely on the recovery and analysis of some type of digital evidence — whether device-based or internet-based.


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Investment

Ontario Top Destination in North America for Foreign Direct Investment

Most New Jobs Created from Foreign Direct Investment of Any State or Province

Ontario is the North American leader in the number of new jobs created based on foreign direct investment (FDI), according to a new report. The Global Location Trends 2019 report by IBM shows that Ontario outpaced all other provinces and states with over 10,000 new jobs created from incoming FDI.


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Spending

FAO Releases It's Review of the Ministry of Education's 2019-20 Expenditure Estimates

Last week, the Financial Accountability Officer released Expenditure Estimates 2019-20: Ministry of Education.

This report supports the Standing Committee on Estimates’ review of the Ministry of Education’s 2019-20 Expenditure Estimates. The Expenditure Estimates sets out the spending requirements for ministries and constitutes the government’s formal request to the legislature for spending approval.


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Study

Saveurs 2019: A sustainable way to build consumer trust

Transparency: To enhance their brands, leading food-sector companies now recognize the importance of fostering trust; Emerging technologies: Consumers increasingly want to know exactly what they are eating or drinking, as well as where their food comes from and how it was grown, harvested and processed; Sustainable development: 65% of Canadians surveyed said they were willing to pay more for locally sourced foods.

Transparency, technology and sustainable development are three crucial factors that can reshape the contours of the food sector in the coming years. In its most recent report, Saveurs 2019, PwC Canada examines the interest of certain food sector players in transparency, sustainable development and technology, along with Canadian consumers' commitment to sustainability.


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Projection

Survey shows salaries expected to increase by 2.7 per cent in 2020

Annual Salary Projection Survey indicates strong wage increases across Canada, despite slowed economic growth

Employers in Canada are expecting base salaries to rise by an average of 2.7 per cent in 2020, according to Morneau Shepell's 2020 Salary Projection Survey. This is an increase from the actual 2.6 per cent average increase in 2019. The forecast includes increases in salary structure, length of service, cost of living and merit pay, and excludes salary freezes and promotional adjustments.


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Environment

How a made-in-Canada national tree planting strategy can help

By Rob Keen, Registered Professional Forester and CEO of Forests Ontario and Forest Recovery Canada

Good news is rare, though it seems like nearly every day for the past few weeks there have been new commitments by global leaders to fight climate change by planting huge numbers of trees. In my 38 years as a forester, I’ve never experienced enthusiasm for tree planting as powerful as what we’ve seen in 2019. The trigger? Climate change. So now, as Canadians, how do we harness and deploy large-scale tree planting on a national scale? Planting one trillion trees around the world may be one of the most effective ways to combat the impacts of climate change, according to a recent study by ETH Zurich University and the Food and Agriculture Organization of the United Nations.





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Appointment

Economical Appoints Liam McFarlane as Chief Risk and Actuarial Officer

Economical Insurance announced that Liam McFarlane, FCIA, FCAS, will be joining the company as its new Chief Risk and Actuarial Officer, effective October 21, 2019.

"Liam is one of the most recognized and respected actuarial experts in Canada and we're proud to add someone with his experience and influence to our executive leadership team," said Rowan Saunders, President and CEO of Economical. "Bringing a combination of consulting and executive leadership skills, Liam will ensure we continue to operate with the rigour and integrity required to be one of Canada's top P&C insurers."


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Retail

Ontario Chamber & Fire & Flower Launch Ontario Cannabis Policy Council

Ontario Cannabis Policy Council to Tackle Key Issues Undermining Ontario’s Recreational Cannabis Industry

Last week the Ontario Chamber of Commerce (the “OCC”) and Fire & Flower Inc. (“Fire & Flower”) have begun to work collaboratively with the Ontario Cannabis Policy Council (the “Council”). Following the release of the OCC’s recent report Supporting Ontario’s Budding Cannabis Industry, the Council’s primary focus is advocating for the industry’s growth across the province. “As the private adult-use cannabis retail market emerges in the province of Ontario, it is critical that industry has a voice in policy decisions that affect how consumers access legal cannabis. New product categories including concentrates and edibles will emerge in late 2019 and the introduction of these products will be of key importance to the growth of the industry. The Ontario Cannabis Policy Council is positioned to lead Canada’s adult-use cannabis industry with Ontario home to more than half of the licensed producers in Canada that employ thousands in the province,” shared Trevor Fencott, Chief Executive Officer of Fire & Flower and Co-Chair of the Ontario Cannabis Policy Council.


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Intergration

FCSSGW Acquiring Community TorchLight to Ensure Continuation of Services

Guelph – Family Counselling and Support Services for Guelph-Wellington (FCSSGW) will acquire Community TorchLight effective January 1, 2020. This integration is exciting news for the two organizations and the greater Guelph and Wellington communities. The evident synergies ensure the continuity of the telephone support services currently offered by Community TorchLight and enhances FCSSGW’s capabilities to provide integrated and seamless services to the communities of Guelph-Wellington in dealing with issues of mental health, trauma, addictions and self-harm.


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Marketing

Modernized 'New and Next' Ontario VQA logo tells the story of Ontario's local wine revolution

The Wine Marketing Association of Ontario (WMAO), in partnership with Ontario's Wine Appellation Authority (VQAO), reveals the modernized and striking 'New and Next' Ontario VQA logo, the emblem used by Ontario VQA wineries as a mark of origin, quality and authenticity. The VQA logo guarantees that only 100% Ontario grown grapes go into every bottle of Ontario VQA wine. 30 years after the inception of VQA, this new logo expresses how Ontario's wine region shines brightly on the international wine stage and is a beacon attracting global attention and motivating pride at home.


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Workplace

New evidence supports the positive impact of Emotional Intelligence in the workplace

A new report from PSI Talent Management reveals substantial academically verified evidence that Emotional Intelligence (EI) predicts job performance, supports employee engagement, enhances wellbeing and is important for effective leadership.

Accumulated evidence from over 30 years of research on EI is brought together for the first time in a report that answers important questions for organisations deciding how best to apply EI in assessment and development.





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Workplace

First Aid for Burned-Out Teams

By Kate Zabriskie

The team’s exhausted. They’re burned-out, and I am too. I don’t know if we can recover. We’ve been working at 150% for over a year – at least most of us have. More change? Really? We’ve been through three major transitions in as many months. Everyone is really on edge. I am pretty sure Susan is going to quit. Team? We work in the same building, but that’s about where it starts and stops. I’m hoping to get out of here soon. Even in the best of times, creating and maintaining a high-functioning team is work. When the team is burned-out, the task is infinitely harder, but it can be done.


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Change

Quarterhill Announces Executive Change

Doug Parker Steps Down as President & Chief Executive Officer

Quarterhill Inc. today announced that Mr. Doug Parker has resigned as President and CEO of Quarterhill effective immediately. Mr. Parker has also resigned as a Board member of the Company. The Board of Directors has begun a process to appoint a new CEO and further updates will made in due course. In the interim and until such time as a new President and CEO of Quarterhill is appointed, the CEOs of the Company's three main subsidiaries (International Road Dynamics, VIZIYA and WiLAN) and certain other senior executives will report directly to the Board.


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News

Cannabis study reveals how CBD offsets the psychiatric side-effects of THC

Researchers at Western University have shown for the first time the molecular mechanisms at work that cause cannabidiol, or CBD, to block the psychiatric side-effects caused by tetrahydrocannabinol (THC), the main psychoactive chemical in cannabis. It has been previously shown that strains of cannabis with high levels of THC and low levels of CBD can cause increased psychiatric effects, including paranoia, anxiety and addictive-behaviours, but why that was occurring was not fully understood. Steven Laviolette, PhD, and his research team used rats to investigate the role of a molecule in the brain’s hippocampus called extracellular-signal regulated kinase (ERK) which triggers the neuropsychiatric effects of THC.



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EVENTS



The cities of Kitchener, Waterloo and Cambridge, the Region of Waterloo, ArtsBuild Ontario, Region of Waterloo Arts Fund and the Impact19 Festival are welcoming Canada Council to Waterloo Region on September 27 and 28, 2019. Federal funding is available to support Waterloo Region artists and arts organization and Canada Council wants to see applications from under-represented areas like Waterloo Region


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To - October 3

Expanded Canadian Manufacturing Technology Show Returns to Toronto with Focus on Technologies Driving the Future of Canadian Manufacturing

Top-notch speaker roster includes industry innovators Jim Balsillie, Jean Charest and Ric Fulop

The future of Canadian manufacturing will take centre stage later this month as Canada’s leading industry event, the Canadian Manufacturing Technology Show (CMTS), returns to The International Centre in Toronto September 30 to October 3, bigger in both size and scope. The 2019 show – 10 per cent larger in both exhibitor and attendee numbers – is expected to attract more than 9,000 manufacturing professionals from across the country and the world and will feature more than 430 exhibits – with some 700 industry suppliers represented – more than 80 education sessions and 4 workshops.


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October 1, 2019

Laurier Criminology department presents public lecture on corporate crime prosecution

Brantford – The ways in which corporations that break the law are – or are not – punished will be the theme of a public lecture when Brandon Garrett (right), professor at Duke University School of Law, speaks at Wilfrid Laurier University’s Brantford campus on Oct. 1. The event is hosted by the university’s Criminology Department. Garrett, author of Too Big to Jail: How Prosecutors Compromise with Corporations, has been invited to speak on his research about out-of-court settlements with corporations in the United States.


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October 3-10, 2019

Social Planning Council of Cambridge and North Dumfries hosts All Candidates Meeting on Social Issues

The Social Planning Council of Cambridge and North Dumfries plans to host two All Candidate Meetings focusing on social issues facing our community. Candidates running in the upcoming federal election will be asked questions about social issues, such as healthcare and pharma care, housing, immigration, and climate change. Audience members will have the opportunity to ask the candidates questions.


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October 3, 2019

Innovation Expo – Second Annual Innovation Trade Show Event

Celebrate the impactful success and growth of more than 80 exhibitors from a variety of sectors including agri-food, manufacturing, social innovation and sustainable technologies.

Together, Innovation Guelph and Bioenterprise Corporation are building on the success of last year’s event by hosting their second Innovation Expo at the Grand Guelph on October 3, 2019, from 12 to 6 p.m. This exciting event, the largest of its kind in Guelph, is free to the public and celebrates the success and growth of more than 150 recipients collaboratively supported through Innovation Guelph’s Fuel Injection Program and Bioenterprise’s Seed Funding Program.


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October 3, 2019 Election - Debate

A Cultural Exchange 8.0 Offers Stage forDialogue on Arts and Culture in this Region.

Local federal candidates from the ridings of Kitchener Centre, Kitchener Conestoga, and Waterloo have agreed to share their vision for arts and culture in this Region. Not a traditional debate, the evening allows candidates to speak for a predetermined amount of time from the stage then join the public at round tables. After each candidate shares their vision they move to the next table ensuring small dialogues and face to face exchanges with all in attendance.


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October 4, 2019

Manufacturing Day 2019

Find Out What Local Manufacturing Is All About. Register Now For A Manufacturing Day Bus Tour!

MFG DAY is a North American event that addresses common misconceptions about manufacturing by giving manufacturers an opportunity to open their doors and show, in a coordinated effort, what manufacturing is — and what it isn’t. In Waterloo Region and Guelph, you have the opportunity to choose between two different tour buses.

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October 9, 2019

Guelph Chamber of Commerce To Host Candidates Debate for Upcoming Federal Election

The Guelph Chamber of Commerce, in partnership with the Guelph & District Association of Realtors will host a candidates debate on October 9th. This debate will be moderated by Shakiba Shayani, President & CEO of the Guelph Chamber of Commerce. Questions asked to the candidates will have come from members of the Guelph Chamber, Guelph & District Realtors Association and the general public.


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Oktober 11-19, 2019

Kitchener-Waterloo Oktoberfest Festhallen Tickets On Sale

Kitchener-Waterloo, Canada – Get ready to dust off your dirndls and lederhosen and celebrate Canada’s Greatest Bavarian Festival at your favourite festhalle. Kitchener-Waterloo Oktoberfest, a not-for-profit organization, has ticket for most accredited Festhallen. The Festhallen take pride in providing an authentic experience and hospitable atmosphere to over 700,000 fest-goers who visit the region annually during the nine-day festival. Festhallen tickets are limited and often sell out in advance of the festival, so buy your tickets early to experience the spirit of Gemütlichkeit.


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October 23, 2019



Partners in Prevention regional health and safety conference is coming to Kitchener! Hear from leading experts and motivating keynote speakers that will teach and inspire. Stay current with the latest updates in health and safety and visit the trade show to get all the news on trending health, safety and wellness products. Register today!


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November 13-15, 2019

Sixteenth Annual Ontario Economic Summit to Address Competitiveness Challenges for Ontario Industry

Ontario’s business community to gather in Toronto to drive Ontario’s economic agenda forward

The Ontario Chamber of Commerce (OCC) announced advance access registration for the sixteenth annual Ontario Economic Summit (OES), “Our Economy. Our Future. Our Ontario.” OES will be hosted in Toronto for the first time in almost a decade at Hotel X and Beanfield Centre from November 13 to 15.




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Copyright, 2019