Sun Life Financial reports record annual and quarterly earnings: Earnings exceed $2 billion for the year
Increases quarterly dividend on Common Shares and declares dividend on Preferred Shares
TORONTO & WATERLOO - Sun Life Financial Inc. announced record annual earnings of $2.1 billion for 2006 and record quarterly earnings of $545 million or $0.95 per share for the quarter ended December 31, 2006.
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Innovative Steam Technologies (IST) Partners with TEi-Struthers Wells
Cambridge - Two expert boiler producers have recently partnered to offer non-stop Enhanced Oil Recovery systems using simplified Once Through Steam Generator technology.
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Open Text Receives "Strong Positive" Rating in Records Management From Leading Industry Analyst Firm
Demand for Records Management Driven by Increased Industry and Government Regulations, Impact of Legal Discovery Requirements
CHICAGO - Open Text(TM) Corporation, on February 8, 2007 announced that analyst firm, Gartner Inc., has rated its records management products a "Strong Positive" in its "MarketScope for Records Management, 2007" report authored by research vice president, Kenneth Chin*.
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David Suzuki's "If you were Prime Minister" tour
David Suzuki wants to know what you would do for the environment if you were Prime Minister. On February 1st he began his 50-city tour in St. John’s, Newfoundland. He is asking Canadians to vote for the environment, to pressure politicians of all parties and demand change.
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Gerald Purgay Joins Right Management As Senior Vice President, Global Marketing
PHILADELPHIA, Gerald Purgay has joined Right Management as Senior Vice President, Global Marketing, with worldwide responsibility for corporate branding and marketing.
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The Ten Work-Happiness Secrets of People with Mental Retardation and other Severe Developmental Disabilities
Is your workplace making you crazy? Do your co-workers get on your last nerve? There is no question that work can be a place that tests your patience by lifting you up, tearing you down or sometimes completely ignoring your contributions.
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Canada's New Government Announces Repayable Investment in Advanced Earth Surveillance Technology
OTTAWA - The Honourable David Emerson, Minister of International Trade and Minister for the Pacific Gateway and the Vancouver-Whistler Olympics, on behalf of the Honourable Maxime Bernier, Minister of Industry, announced February 8, 2007 a $9.7 million repayable investment for research and development (R&D) in advanced earth-surveillance systems.
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Alenax (Tianjin) Bicycle Corp. develops revolutionary technology in indoor and outdoor cycling
Rochester - After many years of engineering research and development, the Alenax (Tianjin) Bicycle Corp., a China-based manufacturer has developed five innovative bicycle pedaling modes, in addition to the conventional circular pedaling motion. The Alenax bikes have the capability to function, alternately, in six different pedaling modes, including one that closely resembles the body's natural walking and jogging motions.
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CAA expands travel services and products through new partnership with AmericanTours International
THORNHILL - CAA South Central Ontario (CAA SCO), a member club of the Canadian Automobile Association, which in turn is a member club of the American Automobile Association, is pleased to announce a strategic equity partnership in AmericanTours International, LLC ("ATI LLC").
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Electrohome announces first quarter results
TORONTO - Management Discussion and Analysis - dated February 8, 2007. Electrohome's business is principally that of a holding company with a 31% interest in Mechdyne Corporation ("Mechdyne" - previously referred to as Fakespace Systems) which is the largest international company operating exclusively in the advanced visualization marketplace.
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Statistics Canada study says parents' low expectations influence whether youth pursue post-secondary education
Starting an education savings plan can influence expectations - NEED A SOURCE?
TORONTO - According to a Statistics Canada study released today, lower parental expectations is one of the reasons attributed to the gap in university attendance between youth from higher- and lower-income families, while financial constraints is cited as much less of a barrier.
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Voters send strong message to McGuinty about broken promises
Burlington by-election win a huge boost for PC Party with experienced woman joining Tory team
BURLINGTON - Progressive Conservative Party Leader John Tory tonight welcomed the election of a new PC MPP to Queen's Park, former Halton Region Chair Joyce Savoline.
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Laidlaw International Announces Agreement to Be Acquired by FirstGroup
NAPERVILLE, ILL. - Laidlaw International, Inc. announced February 9, 2007, that it has entered into a merger agreement with FirstGroup plc under which FirstGroup will acquire all of the outstanding common shares of Laidlaw International in an all cash transaction valued at approximately $3.6 billion, including the assumption of $0.8 million of debt.
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ARISE Announces Two New Appointments and Update on Options Outstanding
WATERLOO REGION - ARISE Technologies Corporation announced the appointment of Sjouke Zijlstra as Vice President and General Manager for its proposed German operations, as previously described in the Company's media release of January 2, 2007. In addition
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BrandIntel Names Winners of the Second Annual Automotive Consumer Voice Awards
Awards Given to Best Automotive Brands According to Consumer Discussions and Opinions
CHICAGO, IL and TORONTO-- In an awards ceremony held today at the 2007 Chicago Auto Show, BrandIntel, a leader in translating consumer-created content into reliable business intelligence, announced the winners of its second annual Consumer Voice Awards(TM).
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Open Text Reports Second Quarter 2007 Financial Results
Company Exceeds Street Expectations, Achieves Strong Cash Flow
WATERLOO - Open Text(TM) Corporation reported on February 8, 2007, unaudited financial results for its second quarter that ended December 31, 2006.(1)
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Best January in the company's history: Audi vehicle sales increase by 8.0 percent
INGOLSTADT - In January 2007, worldwide sales of Audi models rose by 8.0 percent compared to the same month of last year. "Despite difficult background conditions, Audi kept its foot on the throttle during the first month of 2007 and, with around 75,150 models sold, enjoyed the best January in the company's history", reported Ralph Weyler, Member of the Board for Marketing and Sales at AUDI AG.
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WATERLOO REGION (KITCHENER CMA) APARTMENT CONSTRUCTION PULLS JANUARY STARTS HIGHER
ONTARIO HOME STARTS JUMP IN JANUARY
TORONTO - The Canada Mortgage and Housing Corporation (CMHC) released Kitchener’s preliminary housing starts data February 8, 2007. January starts surged to their highest level since 1989.
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Toyota Canada Inc. announces pricing for the 2007 Toyota Tundra
North America's "Never Quit" full-size pick-up combines impressive
performance, compelling features and options, and an attractive price
TORONTO - Toyota Canada Inc. today announced that the all-new 2007 Toyota Tundra will be offered at a manufacturer's suggested price sure to put a smile on the faces of Canadian truck lovers.
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Brazil to invest $5 billion in biotech research
BRASILIA - Brazil plans to invest 10 billion reais ($4.76 billion) over the next 10 years into biotechnology research involving renewable energy, agriculture and rain forest pharmaceuticals, President Luiz Inacio Lula da Silva said on Thursday.
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Stock bell marks new ethanol distillery in Iowa
By Jerry Perkins
Wall Street came to Albert City on Wednesday, as US BioEnergy Corp. celebrated the opening of its third ethanol plant and its first in Iowa.
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Canadian Association of Emergency Physicians releases new recommendations to address emergency department overcrowding
OTTAWA - In response to public concern with delays in emergency departments and the impact of overcrowding and wait times on the health of Canadians, the Canadian Association of Emergency Physicians has issued a new position paper on emergency department (ED) overcrowding.
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Survey: As Online Ad Budgets Increase, Expect Advertisers to Demand More Accountability
SCHAUMBURG, Ill. - With use of Web sites and other digital media continuing to rise, it's not surprising that U.S. Internet advertising revenues grew more than 30 percent last year, topping $16 billion according to eMarketer estimates.
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McGuinty Liberals remain focused on strengthening Ontario by strengthening Ontarians
Premier congratulates newly elected Liberal Michael Chan and all
candidates
TORONTO - The McGuinty government remains focused on strengthening Ontario by strengthening Ontarians, said Premier Dalton McGuinty today following three provincial byelections.
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Thursday February 8, 2007
National Study Shows Vital Importance of Polytechnics
A national study done by Larry Smith of the University of Waterloo and Essential Economics Corporation identifies the unique value to Canada of the nation’s eight polytechnic institutes, but at the same time warns that without strong, long-term government investment in the sector, Canada runs the risk of losing the ability to compete against large, emerging nations such as China and India.
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First-ever CIO Conference in Southwestern Ontario releases key findings
WATERLOO REGION - Chief Information Officers and technology leaders will gather for Southwestern Ontario's first executive conference on technology solutions for business on February 15, 2007.
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Manulife Financial acquires 1100 Peachtree office tower in Atlanta
- 582,000 square foot building newest addition to Manulife's global real
estate portfolio -
ATLANTA - Manulife Financial, the second largest life insurance company in North America, has purchased the 1100 Peachtree Street office tower in Atlanta, Georgia from 1100 Peachtree Street Associates, L.P.
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Annual Survey of Software Development and Computer Services
Three of Canada's top information and communications technology (ICT) services industries, in 2005, combined for $30.7 billion in operating revenues in 2005, up 4% from the previous year.
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2006 a record breaking year for the global wind energy industry with Canada now ranking 12th in the world for total installed wind energy capacity
WIND ENERGY A GROWING CONTRIBUTOR TO
REDUCTIONS IN GREENHOUSE GAS EMISSIONS
OTTAWA - Based on the latest data issued by the Global Wind Energy Council, the Canadian Wind Energy Association (CanWEA) believes that Canada has begun to demonstrate that it is joining the global movement to rapidly implement green and renewable wind energy.
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ONTARIO GOVERNMENT IMPROVING ACCESS TO DIABETES EDUCATION
Investing $190,323 to Create Diabetes Education Team To Serve Waterloo Region
WATERLOO REGION The McGuinty government is improving access to diabetes care by creating a new diabetes education program for area residents affected by diabetes, John Milloy, MPP for Kitchener Centre announced February 7, 2007, on behalf of Health and Long-Term Care Minister George Smitherman.
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Rich Nations To Sign $1.5 Billion Vaccine Pact In Italy
“The Group of Seven (G7) rich countries will sign an agreement on Friday
to provide $1.5 billion to develop vaccines for poor countries, the
government of Italy, which is among those heading the initiative, said on
Tuesday.
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French Climate Plan May Be Distraction - UN Official
“A French-led plan to create a stronger UN agency must not be allowed to
sidetrack the world from the overriding goal of fighting global warming,
the UN's top climate change official said on Tuesday.
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New Housing Price Index for December 2006
The New Housing Price Index remained at 147.5 (1997=100) in December. This was the first time since June 2000 that prices did not advance at the national level. Compared to one year ago, contractors' selling prices increased 10.7%.
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G4TechTV Canada partners with Greedy Productions for the production of hit podcasting show
Revamped podcasting show Torrent moves production to Vancouver
TORONTO - G4techTV Canada is pleased to announce a partnership with Vancouver-based Greedy Productions Ltd. to revamp the hit podcasting show Torrent, a weekly one-hour Internet culture show for tech-savvy audiences looking for interesting, first-person, pop-tech stories from around the world.
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ETI SOFTWARE SERVES UP BSS/OSS CAPABILITIES FOR INDIANA MUNICIPALITY
~ Accelplus Deploys Triad OER/WO to Offer FTTP Services in Crawfordsville ~
ATLANTA, GA Accelplus, a division of Crawfordsville Electric Light & Power, the municipal electric utility owned by the City of Crawfordsville that delivers affordable and reliable video and broadband data services to the residents and businesses of the city and surrounding area, has deployed ETI Software's Triad Order Entry & Rating (OER) and Work Order (WO) modules as their primary billing and operation support systems.
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Cumberland Partners Expands With Acquisition of Wirth Associates as its Global Investment Partner
TORONTO - Gerald R. Connor, Chairman and Chief Executive Officer of Cumberland Private Wealth Management, is pleased to announce that Cumberland Partners Limited has successfully concluded its acquisition of Wirth Associates Inc., a privately held Canadian discretionary portfolio management company owned by its founder Alfred G. Wirth, who joins the Cumberland management team and Board of Directors as a shareholder.
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Palestinian crisis talks start in Saudi Arabia
Saudi Arabia - Palestinian President Mahmoud Abbas opened crisis talks with Islamist group Hamas on Wednesday February 7, 2007
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UW-based NERAM launches plan to fight air pollution
WATERLOO - A University of Waterloo-based research network says scientific evidence of the effects of air pollution on human health and the environment is clear enough to support global efforts to continue reducing outdoor levels.
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Guelph Excellence in Urban Design Award Winners Announced
On Monday night the first-ever Excellence in Urban Design Awards were presented at Guelph City Council by Mayor Karen Farbridge to five winners in four award categories. The winners are:
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Osprey Media Income Fund announces distribution payable March 15, 2007
MARKHAM - Osprey Media Income Fund announces that a regular monthly cash distribution of $0.064 per Unit will be paid on March 15, 2007 to holders of record of Units as at the close of business on February 28, 2007 in respect of the period from February 1 to February 28, 2007.
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Restaurant industry outraged by New Brunswick decision to ignore Supreme Court of Canada ruling
FREDERICTON - The decision by the Government of New Brunswick to keep millions of dollars it collected illegally from licensees is an outrageous abuse of power, says the Canadian Restaurant and Foodservices Association (CRFA).
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Loblaw announces new Chief Financial Officer
TORONTO - Loblaw Companies Limited is pleased to announce the appointment of William (Bill) Wells 46 to the position of Chief Financial Officer of the Company effective April, 2, 2007.
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Survey Shows Majority of Law Firms, Legal Departments Lack Succession Plans
TORONTO - Partners or senior lawyers depart from every law office at one time or another, yet most firms don't plan for this eventuality. In a recent survey, 53 per cent of lawyers polled said their law firm or legal department does not have a formal succession plan in place for key positions.
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Government mismanagement of Social Insurance Numbers costing Canadians as much as $2.4 billion
VANCOUVER - Mismanagement and fraud within Canada's system of Social Insurance Numbers is costing Canadians between $377 million and $2.4 billion annually, says a report from The Fraser Institute, an independent research organization with offices across Canada.
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Open Text Introduces First U.S. Department of Defense-Certified Records Management Solution For Microsoft Office SharePoint Server 2007
CHICAGO - Open Text(TM) Corporation, the largest independent provider of Enterprise Content Management (ECM) software and solutions, today announced another "first" in its continued leadership in delivering solutions with Microsoft:
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2003 Study: Why are youth from lower-income families less likely to attend university?
The gap in university attendance between youth from higher- and lower-income families is largely related to differences in academic performance at age 15 and parental influences, and to a lesser degree financial constraints, according to a new study.
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Apple Inc. and The Beatles’ Apple Corps Ltd. Enter into New Agreement
CUPERTINO, California and LONDONApple® Inc. and The Beatles’ company Apple Corps Ltd. are pleased to announce the parties have entered into a new agreement concerning the use of the name “Apple” and apple logos which replaces their 1991 Agreement.
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JUNO Nominated in Best Children’s Album Category
Best-loved and best-selling children’s author Robert Munsch’s newest storytelling performance CD, Murmel Murmel Munsch! received a prestigious 2007 JUNO Award nomination in the “Children's Album Of The Year” category. The JUNO Awards acknowledge artistic and technical achievement in all aspects of the music of Canada.
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Canadian Travel Management Company Wins International Award
SOUTHLAKE, TX and TORONTO - GetThere(R), the world's leading online corporate travel reservation technology, announced on Monday the 11 travel management company (TMC) winners of its new Luminary Awards. The agencies were honored for their achievements in driving increased travel savings for their corporate clients via use of the GetThere booking system in 2006.
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Steelworkers slam BC Premier for mill closure as log exports continue to skyrocket
BURNABY, BC - BC Premier Gordon Campbell continues to remain silent while Western Forest Products Inc. permanently closes its most profitable manufacturing operation, says United Steelworkers' (USW) Western Canada Director Steve Hunt.
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Toyota launches all-new 2008 Highlander and Highlander Hybrid at the 2007 Chicago Auto Show
CHICAGO - The all-new next-generation 2008 Toyota Highlander and Toyota Highlander hybrid mid-size sport utility vehicles (SUV) were unveiled at a press conference today at the 2007 Chicago Auto Show. "Highlander holds a unique distinction within the Toyota brand and within the industry," said Tony Wearing, Managing Director, Toyota Canada Inc.
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Global equestrian skill-at-arms games
Toronto - Hon Henry N R Jackman, OC, OOnt, CD, LLD announced that UNICEF Team Canada will represent Canada in March 2007, when the Sultanate of Oman hosts the global equestrian skill-at-arms games:
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Japanese Currency Devaluation Must Be G-7 Summit Issue, Hargrove Says
TORONTO - CAW President Buzz Hargrove says a federal government decision not to make currency manipulation an issue at the upcoming G-7 Finance Ministers' meeting is a mistake.
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Shell Canada supports B.C. Coast ReLeaf Fund
Vancouver, British Columbia - Tree Canada announces that Shell Canada Limited has made the first corporate contribution to the B.C. Coast ReLeaf Fund. The $30,000 donation, along with those from many private donors across Canada, will be used for tree planting and site restoration work in areas of B.C. recently affected by windstorms.
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Steve Jobs Speak Out Against DRM
In a very passionate statement on the Apple Website, the company’s CEO Steve Jobs speaks out about Digital Rights Management (DRM), and urges record labels to drop the restrictive technology and let consumers download tunes that can be played on any device…no strings attached.
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Canada's Wonderland Explores GTA For Talent
VAUGHAN, ON - Canada's Wonderland is in search of talented and trained figure skaters, singers, actors, variety artists, musicians, show technicians, and stage managers to star in the new 2007 show line-up.
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Canadian Manufacturing Rising To the Rail Challenge
HALIFAX - Cliff Mackay, President and CEO of the Railway Association of Canada, said the House of Commons Standing Committee's report on Industry, Science and Technology issues Tuesday can help Canadian railway supply manufacturers be more competitive in domestic and world markets.
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Housing starts strong in January
OTTAWA - The seasonally adjusted annual rate(1) of housing starts was 249,300 units in January, up from 212,600 units in December, according to Canada Mortgage and Housing Corporation (CMHC).
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Wednesday February 7, 2007
Waterloo Region’s Premiere Construction Firm Celebrates 25th Anniversary
WATERLOO Two thousand and seven marks an important milestone in the corporate and industrial sector of Kitchener-Waterloo, as Melloul-Blamey Construction, one of the region’s largest and most diversified construction firms, proudly celebrates its 25th Anniversary.
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Provincial Economic Outlook for 2007-08 by Sébastien Lavoie, Economist of Laurentian Bank Securities
MONTREAL - Sébastien Lavoie, Economist of Laurentian Bank Securities, has disclosed this morning the Provincial Economic Outlook for 2007-08.
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Building permits Annual 2006 Hit High in 2006
Construction intentions hit another record high in 2006, thanks mainly to soaring demand for residential and non-residential space in Western Canada. The annual level of permits has now increased for 11 consecutive years.
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Breslau Home Inspector attends Inspection World, the Leading National Conference for Home Inspectors in North America
Breslau - Alden E Gibson R.H.I. of Inspections by Gibson, a local home inspection business, has just returned from InspectionWorld, the annual conference of professional home inspectors, held in Anaheim, California.
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Nine years after organizing campaign: A first contract for steelworkersat Baron Metal Industries
TORONTO - United Steelworkers' (USW) Ontario/Atlantic Director Wayne Fraser announced Tuesday that a first collective agreement has been completed between the USW and Baron Metal Industries.
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Beijing and UN to Set Up Carbon Trading Exchange
“China and the United Nations are working to set up a carbon trading
exchange in Beijing, a move that could establish the Chinese capital as a
center for the global trade in carbon credits, according to the UN's top
official in China.
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ROCKETinfo Races for Lead in Putting Web 2.0 to Work
NEWPORT BEACH, CA-- - ROCKETinfo announced its new suite of Corporate Web 2.0 products and services that create the fastest, most reliable way to select, filter, and deliver all types of competitive and marketing information to the Web Sites and computer desktops of corporate America.
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Northrop Grumman's LITENING Precision Targeting System Achieves 600,000 Operational Hours Milestone
ROLLING MEADOWS, Ill.,-- Northrop Grumman Corporation announced on February 7, 2007, the achievement of over 600,000 operational hours for the company's LITENING precision targeting and sensor systems currently deployed with U.S. and allied forces.
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First Canadian Appointed to Lead UPS Canada
Tierney Focused on Driving Canada's Global Competitiveness
MISSISSAUGA - On February 6, 2007, UPS announced Mike Tierney as president of UPS Canada. As the first Canadian to be appointed to the position, Tierney will draw on his experience and knowledge of global commerce to drive performance and growth in the country.
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Government of Canada presents the long-term strategy to revitalize Marine Atlantic Inc.
OTTAWA - The Honourable Lawrence Cannon, Minister of Transport, Infrastructure and Communities, today released the long-term strategy to revitalize the passenger and freight ferry service operated by Marine Atlantic Inc. in Newfoundland and Labrador.
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January resale housing market - "Strong start for 2007"
TORONTO - The January resale housing market was the best January ever, registering 13 per cent more transactions than a year ago, Toronto Real Estate Board President Dorothy Mason announced February 6, 2007.
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Innovative technology will help improve health care for Toronto's homeless
TORONTO - Health professionals serving the homeless community in Toronto will be enabled to provide better health care thanks to innovative technology which gives them accurate, up-to-date information on their patients.
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Forest Products Industry Welcomes Industry Committee Recommendations to Improve the Competitiveness of Canada's Manufacturing Sector
OTTAWA - The Forest Products Association of Canada (FPAC) today welcomed recommendations contained in the report tabled by the Standing Committee on Industry, Science and Technology to address the challenges confronting the Canadian manufacturing sector.
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407 International Reports 2006 Results
TORONTO - 407 International Inc. announced on February 6, 2007 revenues of $455.7 million for the year ended December 31, 2006, compared to $420.3 million in 2005. Earnings before interest, taxes, depreciation and amortization ("EBITDA"(1)) totalled $352.7 million for 2006 compared with $316.3 million for 2005.
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Based on a survey carried out in 16 countries - Canadian baby-boomers and retirees are among those least likely to worry about the effects of aging on their appearance
MONTREAL - Canada is one of the countries where baby-boomers and retirees worry least about the effects of aging on the image they project. Only 20% of working people and 41% of retirees believe that they must do everything they can to prevent the effects of aging.
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Canada's 50 Best Managed Companies Announced 2006 winners showcase successful strategies for sustainable growth
M&M Meats listed as Best Managed
TORONTO - The 2006 winners of Canada's 50 Best Managed Companies award, announced February 7, 2007, achieved some of the strongest financial results since the program's inception 14 years ago - boasting consolidated sales of $8.3 billion and combined two-year sales growth of 31%
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Property taxes paid by businesses in Toronto and Vancouver Highest in Canada
TORONTO - For the third year in a row, a study by the Real Property Association of Canada (REALpac) in partnership with Altus Derbyshire, a Division of Altus Group Limited, shows that property taxes paid by businesses in Toronto and Vancouver are the highest in Canada.
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Portugal Telecom Places Orders for ECtel’s FraudView® Release 8, Valued at over $2 Million
ROSH HA'AYIN, Israel. ECtel Ltd. announced February 6, 2007, that Portugal Telecom has placed purchase orders for ECtel's next generation fraud detection and prevention solution, FraudView® Release 8.
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Financial and taxation statistics for Canadian enterprises operating in 2005
Corporate operating profits, bolstered by the surging oil and gas industry, hit their second consecutive record high in 2005.
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Upcoming Communitech Events - February 6, 2007
February 15th
CIO/07
Holiday Inn Kitchener
7:30am-4:00pm
Delegate Costs: $99.00
$75.00 each for two or more delegates
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Moms: Celebrate Your Newest Addition
Welcome Wagon coordinates baby shower event in Cambridge, Ontario
Welcome Wagon proudly presents its Spring Baby Shower on Sunday April 15, 2007 from 12:30 PM 4:00PM at the Hilton Garden Inn Kitchener/Cambridge located in Cambridge at 746 Old Hespeler Road (Hwy. 24 South & Hwy. 401).
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RECORD BREAKING DEMAND FOR GRADE 5 SNOWPASS THIS SEASON
Get Yours Now While Supplies Last! SnowPasses are still available!
Still 2 months of winter left!
The Grade 5 SnowPass that offers FREE skiing and snowboarding to Canada's grade
5 students (or those born in 1996) is so popular now that demand could exceed
supply for the first time since the program's inception in 1997.
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Zarlink Analog Foundry Awarded Contract to Supply New JFET Technology to Silicon Sensing Systems
SWINDON, UK - Zarlink Semiconductor announced February 6, 2007 that it has been awarded a contract from Silicon Sensing Systems Ltd., a BAE Systems and Sumitomo Precision Products joint venture company, for the supply of the JFETs (junction gate field-effect transistor) for Silicon Sensing Systems' next-generation capacitive gyro system.
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Ontario Leaders Seek Fairness in Upcoming Federal Budget
TORONTO - A non-partisan coalition of leaders from the business, non-profit and public sectors came together today to call on the federal government to treat Ontarians fairly in the next federal budget.
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Do the right thing Ontario, make a move now to fight ID Theft
TORONTO - Ontario Information and Privacy Commissioner Ann Cavoukian today called on the Ontario Government to show leadership in the battle against identity theft rather than relying exclusively on the federal government to bring in much-needed legislation.
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Canadian consumers surprise industry - More digital cameras purchased than expected
TORONTO - Last year delivered a surprise to the members of the Canadian Imaging Trade Assoc. (CITA): Canadian consumers bought more digital still cameras in 2006 than forecast by the association. Instead of witnessing a plateau in digital camera sales as expected, they rose by a considerable percentage.
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New president to assume new challenges at York U
Will lead Canada's third-largest university through 50th anniversary in 2009
TORONTO - The Chair of the Board of Governors of York University, Marshall M. Cohen, today announced the appointment of Dr. Mamdouh Shoukri as York's 7th President and Vice-Chancellor. The appointment was enthusiastically welcomed this evening at a meeting of the Board of Governors of the University.
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Tuesday February 6, 2007
RDM Corporation reports record first quarter results - Digital Imaging revenues triple over same period prior year
WATERLOO - RDM Corporation reported its financial results for the three month period ended December 31, 2006.
Q1 2007 Highlights |
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Agile Systems Receives Patent for Hybrid Stepper Motor Control
Waterloo - Agile Systems, a world leader in the design, development and manufacturing of advanced motion control technology, receives patent that promises to improve stepper motor performance.
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DMTI Spatial Launches the Location Hub(TM) Using a SaaS Delivery Model for Enabling Location Intelligence in the Enterprise
MARKHAM - DMTI Spatial (DMTI), a leading provider of location intelligence solutions launches the Location Hub(TM) using the Software as a Service (SaaS) delivery model.
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McGuinty Fails Ontario's College and University Students
Access Undermined Despite Aggressive PR Campaign
TORONTO - Toronto-Students are angry that the McGuinty government is still pushing forward with its plans for indefinite tuition fee increases of up to 8% per year. Minister of Training, Colleges and Universities Chris Bentley held a media conference February 5, 2007, at the Bloor Collegiate Institute announcing token measures to streamline applications for financial aid.
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CTV Ratings Alert - CSI Topples Super Bowl; CTV Delivers 7 out of 10 Top Shows of the Week
TORONTO - Not the Super Bowl 2007, not American Idol - nothing gets in the way of ratings powerhouse CSI which continues to steamroll the competition as the most-watched program on Canadian television.
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New website will allow students to estimate the exact costs of their post-secondary education
TORONTO - The Access Window, unveiled by Training, Colleges and Universities Minister Chris Bentley, is a positive initiative that will allow students and parents to better estimate the costs of a post-secondary education and examine the financial aid options available to them, according to the Ontario Undergraduate Student Alliance (OUSA).
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Book Review
Book Examines Global Implications of India and China’s Growth
What will China and India’s economic success mean for the rest of the world over the next 15 years? That’s the big question behind a new book, Dancing with Giants, released January 22 in London, by the World Bank’s Development Research Group and the Institute of Policy Studies in Singapore.
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CIBC World Markets questions Canadian retirement readiness as unused RRSP contribution room balloons to $491 billion
TORONTO - Canadians are expected to contribute a record of nearly $33 billion towards their RRSPs this year but this number is miniscule compared to the $491 billion they still have in unused RRSP contribution room, according to a CIBC World Markets report released February 6, 2007, entitled Retirement: Ready or Not?
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Process Photonics Launches Next-Generation Laser Machining System
FP1000 Ships to Global Electronics Manufacturers
OTTAWA - Process Photonics (PPI), announced that it has launched a new generation of laser machining systems for high performance, high volume manufacturing environments. PPI has shipped its first orders of the FP1000 to a major European automotive electronics manufacturer.
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"Energy GreenBoxes" delivered across Ontario by Friends of the Earth-Canada, the Ontario Association of Food Banks and sponsors
Climate change concern turns to practical action
Friends of the Earth-Canada and the Ontario Association of Food Banks joined Ontario's Minister of Energy and representatives from Enbridge Gas Distribution and Union Gas on Thursday February 1, 2007 to launch a pilot project
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Kitchener Selected for Canadian Expansion of German-Based CSB-System International
Waterloo Region - CSB-System International AG, headquartered in Geilenkirchen, Germany, announced on February 5, 2007, its opening of the Canadian offices in Kitchener, Ontario, part of Canada’s Technology Triangle.
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Mission Possible: Successful Canadian Cities.
This report, part of the final report of the three-year Canada Project, will make the case that when it comes to funding and governance for Canada’s cities, one size does not fit all.
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Boil Water Advisory- Rescinded
Waterloo Region The Boil Water Advisory (BWA) previously issued on February 4, 2007, has been rescinded for residents in the City of Waterloo.
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Food industry calls for a more balanced biofuel policy
By Ahmed ElAmin
With the increasing use of some of their raw materials for the production of biofuels, the food industry is starting to call on the European Commission to take measures to ensure they do not face further price hikes for their supplies.
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The Canadian Journalism Foundation Excellence in Journalism Award Call for Submissions - Deadline March 16, 2007
TORONTO - The Canadian Journalism Foundation (CJF) invites media organizations from across the country to apply for its Twelfth Annual Excellence in Journalism Award.
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Federal Act is a Blueprint for Federal-Provincial Co-operation
OTTAWA - The Canadian Federation of Students welcomes proposed legislation tabled by NDP Member of Parliament Denise Savoie calling on the federal government to set out a vision for post-secondary education.
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Ontario Establishes Presence In Three More International Markets
New International Marketing Centres In Paris, Mexico City And Beijing To Help Create Jobs In Ontario
TORONTO - Ontario Minister of Economic Development and Trade Sandra Pupatello and federal Minister of Foreign Affairs Peter MacKay have announced that three new Ontario international marketing centres will be co-located within the Canadian Embassies in Paris, Mexico City and Beijing.
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Sears Canada Announces Re-design of its Retirement Program - Changes effective in 2008
TORONTO - Sears Canada Inc. announced a re-design of its retirement program for associates that will come into effect in 2008. This will affect some, but not all, active associates.
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P.I.B. Brokers Pledges $100,000 “Coverage” for Elmira Youth Centre
Elmira Programmed Insurance Brokers Inc. has stepped firmly behind our community’s youth, with a $100,000 donation to the Woolwich Recreational Facility Foundation’s “Fit for the Future” campaign.
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City's Environmental Responsibility to Clean Up Additional Coal Tar
KITCHENER - On Monday February 5, City Council approved an additional $12.2 million in financing for the four-phase Gaukel and Joseph Street reconstruction project.
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UK farmers lag behind rest of Europe in bioenergy use
UK farmers are far behind their European counterparts in their plans to adopt bioenergy sources, according to a major survey.
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Commercialization expert accepts dual appointment at UW and Accelerator Centre
WATERLOO - The University of Waterloo and the Accelerator Centre have jointly appointed a technology-transfer expert with a rare understanding of business and academe to oversee the commercialization efforts of both organizations.
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More Than Nine In Ten Canadians Want Newspapers To Be Printed On Environmentally Friendly Paper
VANCOUVER - Ninety-four per cent of Canadians say newspapers should be published on environmentally friendly paper according to a poll by POLLARA that was released today by environmental publishing advocates Markets Initiative.
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Record 2006 results position BCAA for continued growth in membership, travel and insurance
Association posts 9% increase in operating revenues, 36% increase in net income
BURNABY, B.C - In 2006, the British Columbia Automobile Association (BCAA) capped off its first century and kicked off a new growth strategy with its most successful year ever.
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Canadian CEOs very confident in future revenue
TORONTO - The majority of the world's CEOs are very confident for their future revenue growth according to PricewaterhouseCoopers' (PwC) 10th annual Global CEO Survey. CEOs expect this business expansion will be fuelled by improved market penetration, geographic expansion, and mergers and acquisitions (M&A).
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Ontario Government Building Opportunity For Newcomers
Canada's First Provincial Government Internship Program
Helping Internationally Trained Professionals Succeed
TORONTO - Canada's first provincial government internship program for internationally trained professionals is helping skilled newcomers get work in their fields, said Ontario Premier Dalton McGuinty.
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McAfee, Inc. is first security company to provide solution to protect Microsoft Exchange Server 2007
MARKHAM, ON - McAfee, Inc. announced February 5, 2007, that it is the first security vendor to support customers running Microsoft Exchange Server 2007. The new release of McAfee(R) GroupShield(R) 6.0.3 provides Exchange customers with comprehensive protection against incoming viruses, spyware, spam and phishing.
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France And 45 Other Countries Call For World Environmental Monitor
“Forty-five nations joined France in calling for a new environmental body
to slow global warming and protect the planet, a body that potentially
could have policing powers to punish violators.
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Consumer Confidence Boost Housing Activity
Ontario - Housing activity will continue to moderate into 2008 but thanks to healthy consumer confidence will remain above historical averages, according to the 2007 first quarter CMHC Housing Market Outlook - Canada Edition released February 5, 2007.
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Fiscal Decentralization in ChinaPotential Next Steps Human Development and Public Services Research
Fiscal decentralization is widely recognized as an essential component in China’s remarkable transition to a market economy.
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The Largest Refinery in the Western Hemisphere Adopts Livelink ECM
System;
Provides Records and Document Management for Compliance
CHICAGO- Open Text(TM) Corporation announced February 5, 2007 that energy giant HOVENSA has chosen to update their manual document management processes to an enterprise-wide ECM solution.
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Does your company fall prey to corporate politics? 9 ways to solve the problems
Pittsburgh, PA Well, the Democrats have taken over the House and Senate and most people are waiting anxiously to see what happens. Will the new leaders actually make progress toward their ideals or will partisan bickering result in gridlock?
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Faculty of graduate studies honours external award holders
Laurier’s faculty of graduate studies held a reception recently to honour the nearly 75 master’s and doctoral students who hold external scholarships, fellowships and awards.
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Ontario Power Generation's Nuclear Division Signs Contract for Decision Dynamic's Oncore Software
Oncore Deployed as Part of OPG's Cost & Schedule Improvement Program
CALGARY - Decision Dynamics Technology Ltd. (TSX-V:DDY) announced today that its Oncore cost and contractor management software is being deployed by the Nuclear Division of Ontario Power Generation (OPG).
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Monday February 5, 2007
Patent for sensorless motor drive technology greatly improves the robustness of sensorless motor control.
Waterloo, ON Agile Systems, a world leader in the design, development and manufacturing of advanced motion control technology, announced that it has been granted the first in a series of 5 patent pending applications for control of electric motor products by the US Patent & Trade Office (USPTO).
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Retiring "rich" is more than a matter of money for many Canadians, RBC poll finds
TORONTO - While 61 per-cent of Canadians rate the amount of savings necessary for a comfortable retirement as an extremely important consideration in deciding when to retire, lifestyle issues are now highlighted as significant factors by a growing number of Canadians, according to RBC Financial Group's latest RRSP poll.
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Ontario Government To Make Retirement Homes Better For Seniors
Consultations On Standards Of Care Begin February 12 in Toronto
TORONTO - The public gets its chance to say what the standards of care should be in Ontario's retirement homes, as the Ontario government holds an open consultation session in Toronto on Monday, February 12, Minister Responsible for Seniors Jim Bradley said February 5, 2007.
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Sun Life Financial sponsors 2007 International Congress on Ethics
Event draws attention to importance of ethics in business environment
TORONTO - Sun Life Financial Inc. announced February 2, 2007 that it is the Official Sponsor of the 2007 International Congress on Ethics. The congress is an important global ethics event that reflects Sun Life's values and commitment to ethical business behaviour.
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Volkswagen Canada January 2007 Sales Results
AJAX - Volkswagen Canada is pleased to announce that its sales totalled 2,363 new units for January 2007, compared with 1,753 new units in January 2006, an increase of 34.8%.
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ATS announces updated Photowatt Technologies' filings
CAMBRIDGE - ATS Automation Tooling Systems Inc. on February 2, 2007 announced that its subsidiary, Photowatt Technologies Inc., has filed an amended registration statement with the United States Securities and Exchange Commission and intends to file an amended preliminary prospectus with Canadian securities regulators relating to the initial public offering of Photowatt Technologies' common shares.
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Editorial: India overheats
An editorial published in The Economist writes: “India cannot run as fast
as China without further reform.
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Briefly Noted from February 2, 2007
For both the EU Council presidency and the G8 presidency “Africa is the top issue linking them,” German Development Minister Heidemarie Wieczorek-Zeul stressed in the Bundestag on Thursday. Among the "Africa goals" of the double presidency she cited, among others, combating AIDS and also a "pact for sustained economic growth".
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Eyes of Business Are on Qatar as Gulf State Hosts the First Forbes CEO Middle East Forum
An Icon of Business and Sophistication, Forbes Plants a Flag in Doha for Historic February 26-28 Event
DOHA, QATAR - The dynamic Arabian Gulf State of Qatar, known for its progressive political and business environment, will welcome the prestigious Forbes CEO conference series to the Middle East, a first-of-its kind event.
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Security, good governance, and development hard to come by in Afghanistan - Defeating the Taliban was easy.
Bringing security, good governance, and economic and social development to Afghanistan are much, much, harder, and will likely require the presence of foreign troops for years to come, Col. (retired) Mike Capstick told a group of students and other interested people at Laurier Thursday February 1, 2007.
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Region of Waterloo and CUPE Local 1656 representing Region of Waterloo - Outside Workers reach tentative agreement
Waterloo Region - A tentative agreement was reached tonight between the Region of Waterloo and Local 1656 of the Canadian Union of Pubic Employees (CUPE), representing approximately 225 outside workers.
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NPRA urges US Congress to avoid additional biofuels mandates
By Giles Clark
Speaking at theUS Senate Energy and Natural Resources Committee’s Transportation Biofuels Conference, Charles T. Drevna, Executive Vice President of NPRA, the National Petrochemical & Refiners Association, called on Congress to avoid further biofuel mandates beyond the existing federal renewable fuels standard.
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Bankruptcies fall despite rising debt levels
TORONTO - The Office of the Superintendent of Bankruptcy reports that the number of consumer bankruptcies and consumer proposals fell in Canada in 2006 by 4.3%, the first decline since 2002 and the largest decline since 1998, even though the level of debt is rising. Consumer filings in Ontario declined by 2.1% in 2006.
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A balanced decision by the Nova Scotia Utility and Review Board
HALIFAX - February 5, 2007 decision by the Nova Scotia Utility and Review Board (UARB) on Nova Scotia Power's fuel cost and previously approved costs is balanced, said Nova Scotia Power President Ralph Tedesco.
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Study: A new look at commuting distance
The best way of solving commuting-related problems may not be to move jobs closer to residential areas, according to a new study published recently in Urban Geography.
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Independent summary shows new UN climate change report refutes alarmism and reveals major uncertainties in the science
TORONTO - An independent review of the latest United Nations report on climate change shows that the scientific evidence about global warming remains uncertain and provides no basis for alarmism.
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Soft landing for housing starts in 2007 and 2008
OTTAWA - Housing starts will moderate this year to 209,500 units after reaching 227,395 units in 2006, according to Canada Mortgage and Housing Corporation's (CMHC) first quarter Housing Market Outlook, Canada Edition report.
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AIC Releases Study: Innovation in Farming
OTTAWA - For the first time, how a farm markets its products is more important than how it produces them, according to a new study released February 5, 2007 by the Agricultural Institute of Canada (AIC).
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FCM president launches national campaign for long-term federal support for municipalities
OTTAWA - Federation of Canadian Municipalities (FCM) President Gloria Kovach will kick off her national campaign to secure a long-term federal committment to municipalities at the annual meeting of the Saskatchewan Urban Municipalities Association (SUMA), Feb. 6 in Saskatoon.
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PSAC ready to defend federal public services
OTTAWA - The Public Service Alliance of Canada (PSAC) is putting the defense of quality public services on the bargaining table in the upcoming round of negotiations with the federal government for over 100,000 federal public sector workers.
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Scientists Say Humans 'Very Likely' Cause Global Warming
“The words of warning about global warming from the top panel of
international scientists Friday were purposely blunt: ‘warming of the
climate system is unequivocal,’ the cause is ‘very likely’ man-made, and
‘would continue for centuries.’
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The Children's Wish Foundation of Canada and Lexus of Canada are pleased to announce their newly formed partnership
TORONTO - The Children's Wish Foundation of Canada and Lexus of Canada are pleased to announce their newly formed partnership. Through a significant corporate donation, Lexus of Canada will be supporting the Children's Wish Foundation in their drive to raise much needed funds to grant wishes for children who are coping with high-risk, life threatening illnesses.
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Take Back Control of Their Ad Revenue with FAST AdMomentum
OSLO, NORWAY - Fast Search & Transfer(TM), on February 5, 2007 unveiled FAST AdMomentum(TM), a private-label contextual advertising and monetization platform for online media companies, retailers and telecommunications service providers.
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Sun Life Financial completes perpetual Preferred Share issue
TORONTO - On February 2, 2007 Sun Life Financial Inc. announces the successful completion of a domestic public offering of $250 million of Class A Non-Cumulative Preferred Shares Series 5 (the "Preferred Shares") at $25 per share yielding 4.50% annually.
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SolutionInc and Fast Data Technology Partner to Deliver Intelligent Content Control Solutions to Customers
HALIFAX, NS and BOULDER, CO - SolutionInc Technologies Limited and Fast Data Technology have joined forces to add web content control as a new offering to SolutionInc's portfolio of services.
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Audi Canada announces January sales results
AJAX - Audi Canada announced its January 2007 sales result of 458 new Audi's sold. This result represents a 1.1% increase over the 453 units sold in December 2006. Year to date, Audi Canada sales are 458 units.
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U of G Team Tops at Wheels In Motion, Proceeds To Help Community
The Universit
y of Guelph’s Health and Performance Centre (HPC) team was the top fund-raising group in Canada at the Guelph 2006 Wheels in Motion, it was recently learned.
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Boil Water Advisory for North Waterloo Residents
Waterloo Region - On Sunday February 4 A Boil Water Advisory was issued for Residents in the City of Waterloo located in North Waterloo bounded by Northfield Dr., Bearinger Rd., Westmount Rd., and Weber St. /Parkside Dr. The area includes Corrie Cres., 590 577 Glen Manor Blvd., 222 Pinegrove and 556 625 Mount Anne Dr.
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PetroSun announces final testing for algae biofuel process
By Giles Clark
PetroSun, Incorporated announced last week that the field testing of the cultivation of algae for biodiesel production has now progressed to the final stage prior to the construction of a commercial cultivation facility.
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