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Serving Business, Economics, Entrepreneurs, Science and Technology |
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Friday, January 12, 2007 |
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Canada's largest solar research park launched
University of Toronto, ARISE Technologies and Portlands Energy Centre partner to make Toronto a leader in solar power research
TORONTO & Waterloo - The University of Toronto (U of T), ARISE Technologies and The Portlands Energy Centre (PEC) have joined forces to create Canada's largest solar research facility, which will be located on the PEC site on Toronto's waterfront.
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U of G First Canadian University to Let Employees 'Leave for Change'
The University of Guelph is the first university in Canada to support a new initiative that allows employees to volunteer their knowledge and skills overseas during short assignments in developing countries.
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Standard & Poor's assigns ratings to Manulife Bank of Canada
TORONTO - Standard & Poor's Ratings Services on January 11, 2007, assigned 'AA-' long-term and 'A-1+' short-term counterparty credit ratings to Manulife Bank of Canada with a stable outlook.
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Prepare for the Next Revolution in Business
Peterborough - Internationally-renowned business strategist and Trent University alumnus Don Tapscott has released a landmark new book for the corporate world entitled Wikinomics: How Mass Collaboration Changes Everything.
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ONTARIO GOVERNMENT ALLOCATES $30 MILLION TO NEWLY ALIGNED CCACs
REGIONS OF WATERLOO & WELLINGTON – The Ontario government is providing $1,386,100 to the Waterloo Wellington Community Care Access Centre to better serve their clients and increase access to local community care, John Milloy, MPP for Kitchener Centre and Liz Sandals, MPP for Guelph-Wellington announced January 11, 2007 on behalf of Health and Long-Term Care Minister George Smitherman.
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Ready to Work Program: Tourism & Hospitality Careers for Newcomers
Kitchener-Waterloo - Local and provincial industry and community representatives promote an exciting new Waterloo Regional initiative that brings together skilled immigrants in Kitchener-Waterloo and employers in the tourism and hospitality sector.
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Minister of Industry Visits General Motors Plant in Oshawa
OSHAWA - On Janaury 11, 2007, the Honourable Maxime Bernier, Minister of Industry and his Parliamentary Secretary, Colin Carrie, Member of Parliament for Oshawa, visited the General Motors (GM) of Canada Truck Assembly Plant.
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OSC Past Chair David Brown Joins Q4 Web Systems Advisory Board
Top securities regulator joins "world leader" in automated disclosure
TORONTO - Ontario Securities Commission (OSC) Past Chair David Brown has joined the advisory board of Q4 Web Systems; builder of the world's first and only system that manages, records and automates online disclosure.
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Gore Mutual Insurance Voted Number One
Cambridge - The Insurance Brokers Association of Ontario
(IBAO) has ranked Gore Mutual Insurance Company number one in their 2006 Rate
Your Companies Survey released January 10, 2007.
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Germany Scales Up its Investment Promotion Activities
New Investment Promotion Agency "Invest in Germany"
BERLIN, Germany - The federal government announced January 11, 2007, the merger of the two agencies "IIC - The New German Laender Industrial Investment Council GmbH" and "Invest in Germany GmbH." The new organization's name is "Invest in Germany."
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CME and ITAC Collaborate to Address Technology Adoption in Manufacturing
TORONTO - Canadian Manufacturers and Exporters (CME) and the Information Technology Association of Canada (ITAC) have formed a joint committee that will formulate strategies and programs to foster more rapid and effective adoption of technology in the manufacturing sector.
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Dr. David Suzuki Discusses Climate Change and other Current Topics
OAKVILLE - The Weather Network is proud to announce that Dr. David Suzuki, Chair of the David Suzuki Foundation and award winning scientist, environmentalist and broadcaster will be appearing on The Weather Network in a series of interviews with On-Camera Presenter Chris St. Clair.
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QUBE CINEMA AND CHRISTIE DIGITAL SYSTEMS HELP BOLLYWOOD BLAZE NEW DIGITAL CINEMA FRONTIER
World Premiere of Mani Ratnam’s “Guru” in Toronto is First Indian Feature Film to Be Mastered and Screened Digitally in JPEG2000 Format
TORONTO – Christie, a major provider of visual solutions for entertainment, business and industry, and Qube Cinema, Inc., a leading provider of end to end digital cinema solutions, announced that acclaimed writer-director Mani Ratnam’s much-anticipated feature film, “Guru”, starring Bollywood’s most celebrated actress, Aishwarya Rai, will have its world premiere in Toronto on Janaury 11, 2007, at the Elgin Theatre Centre.
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NCR's Waterloo Manufacturing Operations Moving to a Contract Manufacturing Model layoff 450 employees
WATERLOO – On January 11, 2007, NCR Corporation announced that it plans to move its Waterloo-based manufacturing to a contract manufacturing model as part of the company’s strategy to restructure its global operations.
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Davos Forum Sees Complacency Over Global Risks
“Governments and big companies world-wide need to better assess the
potential impact of the biggest global risks, like pandemic flu and global
warming, that could trigger other problems from rising oil prices to civil
unrest, the World Economic Forum (WEF) warned.
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Barcelo Hotels & Resorts Partners with Canada's Premier Loyalty Marketing Company, Aeroplan
TORONTO - Visitors to Barcelo Hotels & Resorts can now enjoy their vacation and earn rewards in Canada's premier loyalty program, Aeroplan. Registered Aeroplan members can earn Aeroplan Miles by staying at any Barcelo property at published, corporate, preferred, or BarceloBest Available rates.
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CAW's Hargrove Raises Urgent Concern About Loss of Autoworkers' Jobs
TORONTO - CAW President Buzz Hargrove sent a letter requesting a meeting with the newly appointed Environment Minister John Baird before he sets policy and establishes new legislation on the environment that affects auto jobs.
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The Honourable John Baird to Deliver Keynote Address at Holiday Inn Guelph
Guelph – The Guelph Chamber of Commerce in conjunction with The Conservative Party of Canada – Guelph Constituency Association will be hosting a special luncheon on Tuesday, January 23, 2007.
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Ethanol industry looking beyond corn
BROOKINGS, South Dakota - Explosive growth in the ethanol industry is prompting many corn farmers to look for an alternative source for the alternative fuel.
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Ontario Teachers' Pension Plan closes New Jersey and Vancouver segments of marine container terminal deal
TORONTO - On January 27, 2007 the Ontario Teachers' Pension Plan announced that, with all regulatory approvals received, it has completed its purchase of the first three of four marine container terminals in North America from Orient Overseas (International) Limited of Hong Kong.
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McGuinty M-I-A as Ontario economy shrinks
Economic slowdown caused by McGuinty mismanagement of economy
QUEEN'S PARK - Progressive Conservative Party Leader John Tory tonight said Ontario needs a real economic strategy not excuses and more broken promises after news emerged the province's economy is shrinking.
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Thursday January 11, 2007
ATS adjusts North American ASG capacity as next step in improvement program
CAMBRIDGE - ATS Automation Tooling Systems Inc. today announced it is reducing its Automation Systems Group (ASG) workforce in North America as part of an aggressive ongoing improvement program to strengthen performance and improve global market positioning.
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Safety-Kleen Canada Inc. wins Recycling Council of Ontario's Platinum Sustainable Technology Award
Provincial Minster of Environment Laurel Broten will announce a draft regulation with the intent of banning the practice of burning used motor oil in space heaters today January 11, Breslau.
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CSTD Southcentral Ontario invites you to our Sixth Annual One-Day Event -- THE LEADERSHIP JOURNEY:
Learn about behaviours to improve your effectiveness as a leader. Based on more than 20 years of research and the best seller by Barry Posner and Jim Kouzes, The Leadership Challenge identifies five critical behavioural practices.
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IMF's Rato: World Economy To Grow Strongly In '07
“The world economy is set to grow strongly in 2007, especially in Europe and emerging Asia, International Monetary Fund (IMF) Managing Director Rodrigo de Rato was quoted on Monday as saying speaking on the fringes of a meeting of the Bank for International Settlements in Basel, Switzerland.
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Sheer Economic Size Only One Indicator of Impact of Large Emerging Economies on Global System, Concludes CIGI Study
Waterloo – Scenarios of the impact on global institutions of the rise of large emerging economies such as China and India must rely on far more than simple projections of future economic size, concludes a working paper released by The Centre for International Governance Innovation (CIGI).
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Research Shows Uptick in Average Starting Salaries for IT Professionals
TORONTO - Information technology (IT) professionals in Canada can expect starting salaries in 2007 to increase an average of 3.5 per cent over 2006, according to the recently released Robert Half Technology 2007 Salary Guide. Larger increases in base compensation are expected in high-demand roles such as operations manager, telecommunications manager, and data security analyst.
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Hydro One wins international award for storm restoration
TORONTO - The Edison Electric Institute today honoured
Hydro One Networks as a winner of the association's "Emergency Recovery Award"
for outstanding efforts to restore electric service following three successive
severe storms this past summer and fall.
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EU Plans New Emission Cuts To Fight Global Warming
“The European Union should cut its emissions of greenhouse gases by at least 20 percent by 2020 from 1990 levels as part of a new energy policy to fight climate change, the EU's Executive Commission said on Wednesday Janauary 10, 2007.
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Thriving After 50
Known as the baby boomer generation, today’s 50-somethings are redefining aging in America. Nearly 78 million adults are over the age of 50. In fact, every 7.5 seconds someone turns the golden age.
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Sun Life Financial Acquires U.S. Group Benefits Business
TORONTO - Sun Life Financial Inc. announced on January 11, 2007 that it has reached an agreement to purchase the U.S. group benefits business of Genworth Financial, Inc. for US$650 million. The acquisition adds significant scale and scope to Sun Life's U.S. group business and is expected to be immediately accretive to earnings per share and return on equity.
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Canada's Current economic conditions
The economy continued to slow in the fall, with the gross domestic product (GDP) unchanged in October after contracting in September. Manufacturing, notably autos, was the weakest sector, while slower auto sales also dampened retail sales.
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National Science Foundation provides $14 million to advance research in comparative genomics
Scientists will find improved ways of studying the structure, function and evolution of the genomes of economically important plants, thanks to $14 million in new awards from the National Science Foundation (NSF).
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Strong Demand, Shortage of Skilled Accountants Lead to Rise in Compensation Levels
TORONTO - Business expansion and ongoing compliance requirements will drive the demand for skilled accounting and finance professionals and intensify recruitment challenges next year, according to the recently-released 2007 Salary Guide from Robert Half International.
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Commercial Software Price Index for November 2006
The Commercial Software Price Index (CSPI) is a monthly series measuring the change in the purchase price of pre-packaged software typically bought by businesses and governments.
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ATS'S Photowatt Technologies signs letter of intent to jointly develop Spheral Solar(TM) Technology
CAMBRIDGE - ATS Automation Tooling Systems Inc. on January 11, 2007, announced that its subsidiary, Photowatt Technologies Inc., has signed a non-binding letter of intent to enter into a business relationship with Clean Venture 21 Corporation ("CV21") of Kyoto, Japan and Fujipream Corporation ("Fujipream") of Hyogo, Japan, in order to advance the development of its Spheral Solar(TM) Technology.
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Toronto to top economic growth rankings - but not until 2008
OTTAWA - Toronto's economy will accelerate slightly in 2007, but it will be 2008 before it resumes its place as one of the fastest growing economies in Canada, according to the Conference Board's Metropolitan Outlook - Winter 2007.
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Pandora Networks Partners with D-Link To Promote Worksmart Unified Communications Services
LAS VEGAS — Pandora Networks, announced January 11, 2007 that Pandora and D-Link will jointly sell D-Link hardware with Pandora's hosted communication solutions for small and medium-sized business (SMB).
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Magna announces 2007 outlook
AURORA, ON For the full year 2007, we expect consolidated sales to be between $22.9 billion and $24.2 billion, based on full year 2007 light vehicle production volumes of approximately 15.5 million units in North America and approximately 15.6 million units in Europe.
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US And EU Talks Revive Hopes Of Trade Deal
“Negotiations between the US and the EU have revived hopes that a deal can
be struck on the stalled Doha round of world trade talks by the end of the
month, according to EU and American officials.
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Open Text Readies Summit 2007 Conference: Worldwide Event for Hummingbird Customers and Partners
CHICAGO - Open Text(TM) Corporation, the largest independent provider of enterprise content management (ECM) software and solutions, said today it will showcase the latest in ECM solutions, as well as present details on its strategy and product roadmap, at Summit 2007, the first worldwide user conference for Hummingbird customers and partners since Open Text acquired Hummingbird in October.
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University of Waterloo attracts Nobel Laureate Sir Anthony J. Leggett
WATERLOO - A winner of the 2003 Nobel Prize for Physics will bring his considerable talents and knowledge north in what can only be considered a brain gain. Sir Anthony J. Leggett has accepted a faculty position at the University of Waterloo.
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Canada's new government and the government of Ontario invest $93 million in municipal rural infrastructure
TORONTO - Delivering on their commitment to build sustainable communities, Canada's New Government and the Government of Ontario on January 11, 2007 announced a joint investment of $93 million in 72 communities under Intake Three of the Canada-Ontario Municipal Rural Infrastructure Fund (COMRIF).
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Sun Life Financial continues share repurchase program
TORONTO - Sun Life Financial Inc. announced January 10, 2007, that the Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid. Under the normal course issuer bid, Sun Life Financial may purchase up to 28,565,318 common shares, representing approximately 5% of the 571,848,948 currently outstanding common shares.
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Announcing the First-ever Information Technology Executive Leadership
Conference for SouthWestern Ontario
WATERLOO REGION - For the first time in Southwestern Ontario, Communitech presents "CIO/07" SouthWestern Ontario's first executive conference on technology solutions for business, dedicated to professional development and success for executive business technology teams.
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Plants point the way to coping with climate change
Roses flowering at Christmas and snow-free ski resorts this winter suggest that climate change is already with us and our farmers and growers will need ways of adapting.
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Wednesday January 10, 2006
LINAMAR CORPORATION ANNOUNCES AGREEMENT REGARDING
107 WOODLAWN ROAD PROPERTY IN THE CITY OF GUELPH
GUELPH – Linamar Corporation confirmed it is the purchaser of the ‘Imperial Tobacco’ property at 107 Woodlawn Road in Guelph in a release January 9, 2007 and announced that SYNNEX Canada Limited (nee EMJ) has entered into an arrangement to purchase the Woodlawn Road property from Linamar Corporation.
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Susan Smith, President and CEO of RBC Technology Ventures, Joins the Optosecurity Board of Directors
QUEBEC -- Optosecurity Inc., a company developing breakthrough security products that improve the performance of checkpoint security systems and screeners, today announced Susan Smith, President and CEO of RBC Technology Ventures, has joined its Board of Directors.
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New Housing Price Index November 2006
The cost of new housing rose again in November. Prices were up 0.5% nationally to reach 147.5 (1997=100). This resulted in a 12 month increase of 11.4% in contractors' selling prices.
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January 10, 2007 - Upcoming Communitech and Southern Ontario Technology Community Events
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Global warming concerns about to force North American governments to declare war on carbon emissions, according to CIBC World Markets report
TORONTO - All jurisdictions in Canada and the U.S. will have carbon dioxide (CO(2)) regulations in place by the end of the decade to address global warming concerns, forecasts a new report from CIBC World Markets.
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ONTARIO GOVERNMENT CONTINUES TO SUPPORT WORLD-CLASS RESEARCH IN WATERLOO REGION New Funding Strengthens Province’s Economic Advantage
WATERLOO REGION - The McGuinty government is investing $505,564 to help local researchers at the University of Waterloo and Wilfrid Laurier University, John Milloy, MPP for Kitchener Centre announced January 10, 2007.
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Steelworkers stand behind striking Canadian actors:
ACTRA negotiations plummet
TORONTO - United Steelworkers' (USW) National Director Ken Neumann said Tuesday that the first strike in 64 years by Canada's film and television performers would not have begun if independent producers recognized the value they get from Canadian performers.
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Strong resource prices creating wealth throughout the whole Canadian economy
OTTAWA - Despite a downturn in U.S. economic growth, Canada has enough strength in its domestic economy to grow by 2.7 per cent in 2007 and 3.3 per cent in 2008, according to the Conference Board's Canadian Outlook - Winter 2007.
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Edgar Allan Poe’s The Raven focus of new exhibition at Laurier
WATERLOO – The Robert Langen Art Gallery will feature Ryan Price’s artistic interpretation of Edgar Allan Poe’s poem The Raven in an exhibition which runs from January 17 to February 10, 2007.
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Ethanol boom boosts US corn prices
US corn prices will set records for the next few years thanks to the ethanol boom despite a surge in plantings that could exceed 15 per cent by 2008, analysts told the largest US farm group.
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Celebrate Scottish Poet Robert Burns’ 248th birthday at Guelph Civic Museum
The life and times of Scotland’s favourite poet will be celebrated at Robbie Burns Day at Guelph Civic Museum on Sunday, January 21, 2007 - 1:00 to 4:30 p.m.. Those who enjoy all things Scottish will be entertained with special talks, music, highland dancing, spinning and weaving, calligraphy, traditional food (here’s a great chance to try haggis!), and lots of family activities.
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How will ethanol growth affect rural America?
By Frank Holdmeyer
The huge growth in ethanol production will have little-to-no impact on food price inflation this year, according to Keith Collins, a USDA economist. "Food prices in 2007 will generally be a reflection of the price of crops consumed by consumers and meat prices, which have a very important role in food price inflation," said Collins on Sunday.
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Release Canadians from serfdom, says Green Party
OTTAWA - The Green Party says Canadians deserve a break - a real break, not the paltry two weeks' annual leave now given to most of the country's workers. The party is calling on the federal government to increase the Canadian worker's paid vacation time to a minimum four weeks, the standard entitlement in the European Union and also in non-EU nations such as Australia.
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Canada's Airports Urge Transport Minister to Say "Yes" to Open Aviation Area Talks with Europe
Airports urge federal government to pursue historic Open Aviation Area with Canada's second largest trading bloc and tourist source
OTTAWA - The Canadian Airports Council today welcomed the European Commission's proposal to open negotiations with Canada for the pursuit of an Open Aviation Area across the North Atlantic, and urged the Minister of Transport, Infrastructure and Communities to make concluding an agreement a priority for the coming months.
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Three more U.S. medical associations choose Toronto for international conventions
Toronto-area convention industry announces new investments and growing capacity to capitalize on momentum
TORONTO - As the prestigious Professional Convention Management Association (PCMA) Annual Meeting concluded Janaury 9, 2007 in Toronto, Tourism Toronto and the region's convention industry launch a new year of aggressive worldwide sales by announcing three new convention wins and plans to expand the region's appeal to meeting planners.
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Survey Reveals Creative Industry's Most Overused Lingo
TORONTO - Creative professionals who tout "outside-the-box" or "synergistic" thinking and promise to deliver "the big idea" to increase "ROI" may want to rethink their personal messaging in 2007.
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Canadian international merchandise trade moves in good direction for November 2006
Canada's merchandise exports rose 2.8% in November, halting two consecutive declines, with increases in all sectors but agriculture and forestry. Imports inched up 0.4% for the month.
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Canadian Corn Producers encouraged by Canada's decision to challenge U.S. farm subsidies at World Trade Organization
GUELPH, ON - Canadian Corn Producers (CCP) are encouraged by the request made yesterday by Canada for WTO consultations with the United States on subsidies provided to U.S. farmers under the U.S. Farm Bill, especially those provided to U.S. corn growers.
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Building permits November 2006
It took Canada's contractors only 11 months in 2006 to set a new annual record for the total value of building permits, thanks to strong residential and non-residential sectors. In November alone, municipalities issued $6.3 billion in building permits, a record monthly high.
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Ontario business outlook lags behind national average
TORONTO - Small business confidence in Ontario continued to trail the national average for the fourth consecutive quarter, according to research by the Canadian Federation of Independent Business (CFIB). The province now lags behind Nova Scotia and New Brunswick in terms of business confidence. Only a year ago, Ontario ranked third among all provinces, just behind the vibrant economies of Alberta and British Columbia.
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Quarterly Retail Commodity Survey Third quarter 2006
For the first time since the beginning of 2005, retail spending on automotive fuels, oils and additives increased by less than 10% on a year-over-year basis. Consumers spent $10.5 billion on automotive fuels, oils and additives in the third quarter of 2006, an annual increase of 7.5% compared to 26.0% for the same period last year.
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Canada fights U.S. crop subsidies
By Philip Brasher
WASHINGTON, D.C. - Canada is going to the World Trade Organization to challenge American subsidies for corn and other crops, an action aimed at getting Congress to overhaul commodity programs.Canadian officials say the subsidies encourage overproduction and distort trade in violation of international trade rules.
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Technology Innovation Enters New Era
Michael Dell Cites Customer Imagination as Most Important Driver of Innovation for 2007 and Beyond; Introduces New Gaming System, Flat-Panel Monitors, Home Media Suite
LAS VEGAS - The imagination of customers and millions of interactions with them every day are at the heart of groundbreaking new Dell products and services introduced January 9, 2007.
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Engineering students showcase innovative tech projects
WATERLOO - Students graduating from the University of Waterloo's electrical and computer engineering program this year will exhibit innovative projects at the seventh annual design project symposium on Wednesday, Jan. 17.
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CEO Confidence Improves Moderately, Conference Board Reports
The Chief Executives’ Confidence Measure, which had fallen to 44 in the third quarter of 2006, improved to 50 in the final quarter of 2006, The Conference Board reports in its latest survey of CEOs released Janauary 9, 2007.
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Nationally-Ranked Academic Medical Center Selects Open Text for Integrated Enterprise Information Management Solution
CHICAGO - Open Text(TM) Corporation, announced January 9, 2007 that Dartmouth-Hitchcock Medical Center (DHMC) is deploying Vista Plus(R), Open Text's enterprise information management (EIM) solution, to create a central electronic repository integrated with its PeopleSoft applications, to collect and store documents and streamline its report distribution process across its extensive operational network.
Last Chance to see Workers’ History Exhibit at Guelph Civic Museum
Due to popular demand, the history exhibit “Labouring All Our Lives: A Glimpse at Guelph’s Working Class Past” has been extended at the Guelph Civic Museum until January 28, 2007. The exhibit, was guest curated by Bonnie M. Durtnell, looks at the conditions Guelph workers faced in earlier times.
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Media union backs striking actors - "talent should be fairly paid"
OTTAWA - The association representing Canadian film and television producers needs to bring its bargaining positions into the 21st century, says Canada's largest media union.
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Ontario Government Continues to Invest in a Innovation Economy
New Round of Research Funding to Support 68 Projects Across the Province
SUDBURY, ON - The Government of Ontario's is strengthening it's economic advantage by investing in world-class research and development at 15 institutions in communities across the province, Parliamentary Assistant to the Minister of Research and Innovation John Wilkinson announced January 9, 2007.
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Canada's New Environment Minister Meets with Canadian Environmental Groups
VANCOUVER - Federal Environment Minister John Baird met January 9, 2007 with representatives from ten environmental non-governmental organizations as part of his outreach to Canada's environmental leaders. Greenpeace Canada, Pollution Probe, Nature Canada, Equiterre, the Pembina Institute, Sierra Legal Defence Fund, Sierra Club of Canada, World Wildlife Fund and the David Suzuki Foundation are expected to participate.
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Ontario government invests in bone health
-First and only osteoporosis therapy with vitamin D is now fully covered by the Ontario government -
TORONTO - Anchored by the latest in evidence-based medicine,the Janaury 9, 2007 announcement is heralded by Osteoporosis Canada as an "advance" in osteoporosis care and management for Ontarians and even Canada. "It is well-documented that improved access to effective medications leads to significant reductions in health care costs and increases in quality of life for those living with osteoporosis in Ontario," says Karen Ormerod, President & CEO of Osteoporosis Canada.
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Tuesday January 9, 2007
Biotechnology will help meet demand for food and fuel, BIO says
WASHINGTON - Biotechnology is helping American farmers continue to supply an economic, environmentally sustainable supply of food and raw material for biofuels, the Biotechnology Industry Organization (BIO) said January 8, 2007 in response to a recent Earth Policy Institute report.
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Waterloo Businessman Elected to Head Provincial Association
Dave Willis, President of Ayr Coach Lines Ltd. Of Waterloo has been elected Chair of the Ontario Motor Coach Association (OMCA) for 2007 and took over duties January 1.
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River Run Centre Hires Colleen Clack as New General Manager
The City of Guelph is pleased to announce the hiring of Colleen Clack to the position of General Manager of the River Run Centre. Ms. Clack will begin her new duties February 5, 2007. Ms. Clack succeeds Rob Mackay, General Manager from 1999 to 2007. Ms. Clack will report to Mr. Mackay, who was appointed Manager of Recreation and Culture in August, 2006.
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Global activity to moderate in 2007, with growth performances still favouring emerging regions, according to Scotiabank's Chief Economist
TORONTO - Global economic and financial market prospects increasingly will be shaped by the confluence of competitive and demographic forces, according to Scotia Economics' latest flagship report, Global Outlook, entitled New Age Meets Old Age.
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Council Approves Construction on Environmentally-Friendly Twin Pad Complex
On January 8, 2007, the City of Kitchener's Community Services Committee approved a recommendation to begin construction on what is likely to be the most environmentally-friendly, energy-efficient athletic complex in the country.
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Laurier concert commemorates anniversary of Beethoven’s death
WATERLOO –Wilfrid Laurier University violin and piano students will commemorate the 180th anniversary of Beethoven’s death during a public concert on January 14, 2007. Students will perform selections from all 10 of Beethoven’s violin sonatas, combined with an introduction outlining the historical significance of each piece.
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“Phenomenal Woman” package is available only at Canadian Radisson Hotels, Country Inns & Suites By Carlson and Park Plaza Hotels
TORONTO – Carlson Hotels Canada, has announced a new package to celebrate Phenomenal Women, and at the same time, contribute to an important cause, women’s cancer research. In addition, one phenomenal woman will be awarded an exceptional trip for two to London, England.
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G4techTV Canada premieres original reality series set in the world's first snowboarder hotel
TORONTO - Smoking or non-smoking room? Queen bed or two
twins? Stripper pole or beer-proof floor? G4techTV Canada's outrageous
original new reality series The Block offers viewers an exclusive pass to
first hotel chain that truly appreciates and caters to the snowboarder
lifestyle.
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Lexus Unveils Two High-Performance Vehicles at the 2007 North American International Auto Show
DETROIT - Lexus unveiled the IS-F high-performance luxury sedan and the LF-A sports-car concept at a press conference today at the 2007 North American International Auto Show (NAIAS) in Detroit.
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Avaya to Highlight How Retailers Can Improve Customer Service, Boost Productivity, at National Retail Federation Annual Conference and Expo
NEW YORK - Avaya, announced plans to show the many ways retailers of all sizes can use Intelligent Communications to improve customer service and boost productivity at the National Retail Federation 96th Annual Conference and Expo, January 14 - 17 at the Jacob Javits Convention Center.
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The Secret to Fitness is in the Bedroom
TORONTO - We're all familiar with the standard New Year's resolution of getting more fit. And true to form, according to a new survey by the Better Sleep Council Canada, three quarters (76 per cent) of Canadians say they plan to improve their physical fitness in 2007.
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ACTRA on strike - entertainment drought to follow in coming months
TORONTO - ACTRA is on strike as of Monday, January 8, 2007 in Ontario, Manitoba and Saskatchewan. ACTRA will be on strike in the rest of the country shortly, except British Columbia that is under a separate agreement.
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ACTRA illegally strikes and refuses to address new media
TORONTO - ACTRA has chosen to walk away from a comprehensive settlement package designed to close the gap on all of the issues remaining on the table. The package covers all outstanding proposals including New Media, Wages, Background Performers, Animation, Fact-Based Lifestyle Programs and Documentaries.
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Ontario Government's Investment Keeping Ontario Active
TORONTO - For 2007-2008, the Ontario government is planning to invest $5 million into the highly successful Communities in Action Fund (CIAF) program, Health Promotion Minister Jim Watson announced January 8, 2007.
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Ontario Government Invests $4 Million in Orillia Recreation
ORILLIA - The Ontario government is providing $4 million to Orillia's MURF (multi-use recreational facilities) project as part of the province's $190 million economic stimulus plan, announced Minister of Health Promotion Jim Watson January 8, 2007.
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Porter Airlines increases Montreal-Toronto flights to 9 a day
TORONTO - Porter Airlines increased its service January 8, 2007, between Toronto and Montreal to nine round-trips each weekday. Saturday's schedule includes two round-trips, plus four on Sundays. The route began Dec. 11, with four weekday return flights.
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Rogers OMNI Television Funds Once Upon a Time in Toronto
TORONTO - As part of its ongoing commitment to the independent production of ethnic/third language programming, Rogers OMNI Television today confirmed its funding of Once Upon a Time in Toronto, a Mandarin-language drama series and first-ever co-production between Canadian and Chinese companies.
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KITCHENER CMA (Waterloo Region) NEW HOME CONSTRUCTION WEAKER IN 2006
TORONTO - The Canada Mortgage and Housing Corporation (CMHC) released Kitchener’s preliminary housing starts data tJanuary 9, 2007. Kitchener Census Metropolitan Area (CMA) home construction in 2006 was at the lowest level since 1999.
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Canada's mix of taxes inefficient, expensive to enforce, and out of step with other industrialized nations
VANCOUVER - Canadian governments are too reliant on personal income and business taxes and need to rebalance the tax system to make it more efficient through additional use of consumption taxes such as the GST, according to a new study released January 9, 2007 by The Fraser Institute, an independent research organization.
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National tourism indicators Third quarter 2006 Up 18% since SARS in 2003
Tourism spending advanced 1.0% in the third quarter of 2006, after growing 1.2% in the second. The strength came entirely from a 2.2% increase in tourism outlays of Canadians. Spending by non-residents visiting Canada in contrast fell 2.8%.
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Housing starts in 2006 reach their second highest level in nearly two decades despite cooling in December
OTTAWA - New home starts are estimated at 227,400 in 2006, surpassing the level in 2005, reaching their second highest level in nearly two decades. However, the seasonally adjusted annual rate(1) of housing starts decreased to 211,500 units in December from November's 229,300 units, according to Canada Mortgage and Housing Corporation (CMHC) statement on January 9, 2007.
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Canada and India to collaborate on agriculture and biotechnology information exchange
OTTAWA, Ontario - Canada's New Government has announced the signing of a Memorandum of Understanding (MOU) with India to extend scientific collaboration in exchanging technology and expertise and in conducting research.
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Hewitt Study Reveals Multi-Generational Employees Changing the Workforce Landscape
TORONTO - If Canadian employers are going to succeed in attracting, retaining and motivating a multi-generational workforce, they will have to make adjustments to their human resources strategies, especially to meet the needs of younger employees, according to results from Hewitt Associates' 2007 Best Employers in Canada study.
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RIM and Yahoo! Bring Yahoo! Go for Mobile 2.0
Las Vegas, NV - Research In Motion (RIM) and Yahoo! Inc. have expanded their strategic global alliance to bring Yahoo! Go for Mobile 2.0 to millions of BlackBerry® users around the world. Starting January 8, 2007, users worldwide can download and enjoy the beta version of Yahoo! Go 2.0 on select handsets including the BlackBerry® 8700 Series, BlackBerry® 7130 Series and BlackBerry® Pearl™.
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Kitchener City Council Approves Membership of New Centre Block Evaluation Committee
KITCHENER - The membership of the new Centre Block Evaluation Committee, including four citizen advisors, was approved by City Council on January 8, 2007.
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UW's pharmacy school director will discuss how standard medications can pose risks
WATERLOO - The inaugural director of the University of Waterloo's new school of pharmacy and health sciences campus will outline how medications designed for the 'standard patient' may expose individual patients to unnecessary risk.
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World Economic Forum Annual Meeting 2007 – Enlarging the Davos Conversation
Geneva , Switzerland – The World Economic Forum will be using new Web applications to extend the discussions at the Annual Meeting 2007 to a much wider audience. Held under the theme The Shifting Power Equation, the debates and discussions at the Meeting will be open to the general public via traditional broadcast channels, but also via webcasts, podcasts and for the first time, vodcasts.
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IT360¡Æ Conference & Expoto occur April 30 - May 2, 2007
Toronto, ON, Canada - ITWorld Expo Canada, the event division of ITWorld Canada, introduces IT360¡Æ Conference & Expo, an innovative event providing business professionals a 360¡Æ experience in the information technology arena, April 30 – May 2, 2007 at the Metro Toronto Convention Centre.
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Seventy-three groups shut out of Ontario long-term care public hearings: More hearings needed on crucial care issues for elderly, frail residents
TORONTO - Because only four days of public hearings have been scheduled, seventy-three groups and individuals concerned with the care of residents in Ontario's nursing homes, homes for the aged and rest homes, are being shut out of public discussions on Bill 140, the government's proposed long-term care act.
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Could You Be Using Your Appliances All Wrong?
We all have at least one—a homeowner’s horror story of the time we called a service repair tech to fix the air conditioner, washer or stove then shelled out a hundred dollars for the service call only to discover the problem was something minor we could have fixed ourselves.
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Honda Accord Coupe Concept Debuts at North American International Auto Show
DETROIT, MI - The Honda Accord Coupe Concept reveals a totally new look for the next-generation Accord, along with key technologies for safety, fuel efficiency and performance.
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Monday January 8, 2007
“I THINK I CAN, I THINK I CAN”:OVERCONFIDENCE AND ENTREPRENEURIAL BEHAVIOR
Are Canadian entrepreneurs over confident?
High failure rates and low average returns suggest that too many people may be entering markets as entrepreneurs. Thus, anticipating how one will perform in the market is a fundamental component of the decision to start a business. Using a large sample obtained from population surveys conducted in 18 countries, we study what variables are significantly associated with the decision to start a business.
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UW set to launch 50th anniversary celebrations with 50s-style bash this Thursday
WATERLOO - The University of Waterloo will mark a half century at the forefront of Canada's post-secondary sector this year, beginning with a 50s-style celebration for its on-campus community.
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G4TechTV Canada's Attack of the Show broadcasts live from the 2007 Consumer Electronics Show
TORONTO - Gleaming big-screen plasma TVs, the coolest gadgets, newest tech and the greatest games! G4techTV Canada will be in the thick of an electronic treasure trove when Attack of the Show heads to Las Vegas for a special two-hour broadcast from the 2007 Consumer Electronics Show (CES), the world's largest annual consumer electronics show.
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Volkswagen Canada announces a 17% increase in December 2006 sales
AJAX - Volkswagen Canada sales totalled 2,990 new units for December 2006, compared with 2,555 new units in December 2005, an increase of 17%. There has also been a rise in YTD sales from 31,724 in December of 2005 to 35,123 units in December of 2006, an increase of 10.7%.
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Audi Canada achieves best year ever with December results
AJAX - Audi announced on January 8, 2007 that it achieved its best sales year ever in Canada with its December 2006 sales result of 625 new automobiles, a 23.8% increase over the 505 units sold in December 2005.
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RIM has Director Shuffle
Waterloo, ON - On January 5, 2006 Research In Motion Limited (RIM) provided this status update pursuant to the alternative information guidelines of the Ontario Securities Commission (OSC).
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Study: Demographic overlap of agriculture and rural - 1981 to 2001
The landscape in Canada's rural regions may be agricultural, but the human dimension certainly is not, according to a new study by Statistics Canada. Only a small share of Canada's rural population — and that in most Organisation of Economic Co-operation and Development (OECD) countries — benefits directly from policies aimed at supporting the agricultural sector.
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Challenging an "age"-old paradigm: HR leaders advise employers to manage workers individually, not according to Boomer or Gen X status
TORONTO - On January 8, 2007 The Canadian Council of Human Resources Associations (CCHRA) released a white paper, Managing Across the Generations in Canadian Organizations, which challenges the paradigm of categorizing employees by generational stereotypes and provides new perspectives on management strategies.
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Crude oil and natural gas: Supply and disposition increase in October 2006
Higher bitumen output from the Alberta oil sands, combined with higher offshore production in Newfoundland and Labrador, pushed up production of crude oil and equivalent hydrocarbons in October.
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Seven Hot Technologies Businesses Should Watch in 2007, Info-Tech Research Group Recommends
LONDON, ON - A new year means that many businesses are starting their planning cycles and a common pain-point is determining what resources to budget for. In order to help businesses of all sizes ease the strain of IT purchasing, Info-Tech Research Group offers a list of the seven hot technologies businesses should be on the lookout for in 2007.
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First Public Meeting on 2007 Budget to be held Tuesday, January 9
KITCHENER - Kitchener City Council will hold its first public meeting on the 2007 Budget this Tuesday, January 9 from 7 to 9 p.m. in the City Hall Rotunda. All are invited to attend.
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Prehistoric world takes shape at Waterloo Town Square's UWaterloosaurus store
WATERLOO -- After painting the Mennonite way of life, local artist Peter Etril Snyder will try his hand at portraying something a bit older -- a dinosaur.
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Kodak Brings Digital Photography to Life at the 2007 International Consumer Electronics Show
LAS VEGAS, NV - At the 40th anniversary of the International Consumer Electronics Show (CES), Eastman Kodak Company announced new products and services that bring the digital photography experience to a new level of personal expression.
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Four in ten Canadians have withdrawn from their RSP an average of three times, according to a Scotiabank study
Investors need to focus on regular RSP contributions, says Scotiabank financial expert
TORONTO - Forty per cent of Canadians have made an average of three withdrawals from their RSPs, according to a Scotiabank study on investment behavior among Canadian investors 18 years of age and older. The study also found that nearly half of those who have made at least one withdrawal do not intend on paying it back.
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Farm Product Price Index fell in October 2006
Prices farmers received for their commodities fell in October 2006 from the same month a year earlier, as overall prices for crops and livestock fell. Producers received prices for crops that were 3.5% below levels in October 2005, as lower overall prices were recorded for all crops except potatoes.
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McGuinty government to help promote conventions in select communities across Ontario
Funding To Help Province Attract More Convention Business to London, Windsor, Hamilton and Ottawa
TORONTO - The McGuinty government is helping to promote Ontario as a top business and tourism destination by creating a $2 million Convention Development Fund to help cities attract new national and international conventions and conferences, Tourism Minister Jim Bradley announced January 7, 2007.
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Rise in ethanol raises concerns about corn as a food
By Alexei Barrionuevo
CHICAGO - Renewing concerns about whether there will be enough corn to support the demand for both fuel and food, a new study has found that ethanol plants could use as much as half of America’s corn crop next year.
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Labour Force Survey for December 2006 - If the numbers are right we're blowing away the USA
Employment increased by an estimated 62,000 in December, pushing the unemployment rate back down to the 30-year low of 6.1% (-0.2 percentage points). Employment grew by 2.1% (+345,000) in 2006, the highest growth rate since 2002.
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2006 More Than A Record Year for Building Permits - Woodstock Makes History with Building Permit Construction Values
Just when they thought it couldn’t get any better, the City of Woodstock has redefined what a great year for growth looks like.
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Toyota FT-HS concept debuts at the 2007 North American International Auto Show
DETROIT - The Toyota FT-HS hybrid sports concept will make its debut at the 2007 North American International Auto Show. Pairing a potent hybrid powertrain with essential sports car fundamentals, the FT-HS concept was a joint undertaking of Calty, Toyota's North American-based, research and design center located in Newport Beach, Calif., and Toyota's California-based Advanced Product Strategy Group.
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DaimlerChrysler to build all-new 2008 Dodge Grand Caravan and Chrysler Town & Country at Windsor Assembly Plant
WINDSOR - The Chrysler Group announced January 7, 2007 that the all-new 2008 Chrysler Town & Country and Dodge Grand Caravan minivans introduced at the North American International Auto Show in Detroit will be built at DaimlerChrysler's Windsor Assembly Plant.
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Canada West Foundation's latest issue of Yardwork explains one method of saving productive agricultural land from urban growth
Calgary - Many farmers and ranchers in western Canada are struggling to maintain their way of life as the agricultural economy shifts.
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KORUNEX GLOBAL LOYALTY CARD SET TO MAKE MARKET ENTRANCE IN UK
BEACONSFIELD, BUCKS, UNITED KINGDOM - The Korunex Global Loyalty Card is set to make its introduction into the marketplace. Developed by Martin Anthony Lifestyle Solutions, Ltd., the new card is being described as the first card of its type to be designed for the digital age for both consumers and participating businesses.
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