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World News
Exchanges - News Archive - 2006

Q1-Week 1
Q1-Week 2
Q1-Week 3

News - Friday, January 27, 2006 Last week
Exchange Magazine 2005 Issues

November December 2005
October 2005
September 2005
July August 2005
June 2005
May 2005
March April 2005
January February 2005
BMO Financial Group Predicts - High-Growth Future for Waterloo Region’s Diverse Economy

Canada’s Technology Triangle, Waterloo Region - Stellar performance of the Waterloo Region and nearby community of Guelph is evidenced in the BMO Economic Outlook report which today was unveiled at a breakfast event in Kitchener. The BMO Financial Group estimated 2005 growth to be at 5.1 per cent, outpacing the provincial and national growth rate.
more...

GBG Software Paves Way to Profitable Future for Pepsi Bottler

WATERLOO, ONTARIO - Award winning Pepsi-Cola bottler Nagel Beverage becomes a leader among bottlers with GBG's 'effective store management' software suite. "GBG has the technology we need to move forward," said Nagel Beverage CEO Vance Miller in speaking to the company's decision to roll out GBG's full complement of Direct-Store-Delivery (DSD) software over 2006.
more...
Search for New Customers Displaces Cost-Cutting as Impetus for Global Expansion: PwC 9th Annual Global CEO Survey

TORONTO - Canadian CEOs more concerned about regulation, trade barriers/protectionism barriers than global counterparts
As companies expand across the globe, especially into the BRICs economies-Brazil, Russia, India, and China-finding new customers and markets, not just cost cutting, is now their primary goal, according to PricewaterhouseCoopers' 9th Annual Global CEO Survey.
more...
NCR Retail Systems Manager is the first to monitor, diagnose and resolve retail technology issues across the entire enterprise

ATLANTA –NCR Corporation has introduced an enhanced version of NCR Retail Systems Manager (RSM), a software tool that monitors, diagnoses and resolves store technology issues remotely. Featuring a new Enterprise Edition module, RSM is the first solution of its type to extend remote management throughout a retail chain.
more...
OBASANJO, BROWN AND GATES CALL ON WORLD LEADERS TO FUND NEW PLAN TO STOP TUBERCULOSIS

Davos, Switzerland, 27 January 2006 - Nigerian President Olusegun Obasanjo, UK Chancellor of the Exchequer Gordon Brown and Bill Gates today called on world leaders to rally behind a major new action plan to treat 50 million people and prevent 14 million tuberculosis deaths worldwide over the next ten years.
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Welding Technology Students Earn Excellence Awards Five students in the Manufacturing Engineering Technology

Welding and Robotics program of Conestoga College have received awards for outstanding program-related achievements, presented by welding industry businesses and associations. Lincoln Electric Award Lincoln Electric Canada is a manufacturer and supplier of products and services to the arc welding industry.
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Skills Requirement Link FROM WWTAB

Please find below the link to a study of skill requirements, skill change and skill utilization in the local manufacturing sector. This joint study was commissioned by WWTAB and our sister training board GETAB based in Brantford.
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DALSA Reports Fourth Quarter and Fiscal Year End 2005 Financial Results

DALSA Corporation, an international high performance semiconductor
and electronics company, today reported revenue of $41.8 million in the fourth
quarter, 2005
more...

Tourism for Tomorrow Awards 2006 Announce Finalists - Shortlist Showcases the World’s Leading Examples of Best Practice in Tourism Development

London, UK, 26 January 2006 - Today the World Travel & Tourism Council (WTTC) announced the 12 finalists for the 2006 Tourism for Tomorrow Awards. The prestigious Awards represent the highest accolade for best practice in tourism development around the world.
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WORLD ECONOMIC FORUM LAUNCHES GLOBAL RISK REPORT

Davos, Switzerland - The Global Risk Report 2006, released by the World Economic Forum today, provides a concise overview of the global risks facing the world in 2006 and beyond, and puts global risk mitigation at the core of the Davos agenda.
more...
The CUIS Program: Celebrating 20 Years of Co-operation

BURLINGTON, ON, Jan. 26 - The CUMIS Group and The Co-operators are celebrating the 20th anniversary of an historic and highly successful joint venture that has strengthened the Canadian co-operative financial system.
more...
Improved China-Japan Relations Vital, Six-Party Summit on North Korea Needed - SGI President Issues Annual Peace Proposal

TOKYO - In his annual peace proposal issued yesterday, SGI (Soka Gakkai International) President Daisaku Ikeda calls for improved relations between China and Japan. He also calls for a summit-level meeting of all the states currently participating in the Six-Party Talks on the issue of North Korean nuclear disarmament.
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China Seeks New Drivers of Growth

Davos, Switzerland - China, which grew by 9.9% in 2005, must stimulate domestic demand to reduce its reliance on exports to drive growth. "China needs to redirect its growth model more to private consumption," said Stephen S. Roach, Chief Economist, Morgan Stanley, USA, at a plenary session on China’s integration into the global economy at the World Economic Forum Annual Meeting 2006. "The process of reform, transformation and growth is now at a very important juncture. There’s potentially a very important turning point that is close at hand."
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BONO AND BOBBY SHRIVER LAUNCH PRODUCT RED TO HARNESS POWER OF THE WORLD’S ICONIC BRANDS TO FIGHT AIDS IN AFRICA

Davos, Switzerland - Yesterday, at the World Economic Forum Annual Meeting 2006 in Davos, Switzerland, Bono and Bobby Shriver announced Product RED, an economic initiative designed to deliver a sustainable flow of private sector money to the Global Fund to Fight AIDS, Tuberculosis and Malaria.


Thursday, January 26, 2006
RIM sets software to avoid service disruption
By: Matt Hamblen

Computerworld (U.S. online)  (26 Jan 2006) - Research In Motion Ltd. (RIM) said Wednesday that it has a software work-around design that is ready and can be implemented if necessary to resolve its patent dispute with NTP Inc. Mark Guibert, vice president of corporate marketing at Waterloo, Ontario-based RIM, responded to a question from Computerworld about the status of any work-around in an e-mail Wednesday, and he said that RIM has built software. But he gave few details.
more...

Sleeman Breweries shares slip on lowered 2005 earnings guidance

Guelph - Sleeman Breweries Ltd. shares dipped Tuesday after the company slashed its preliminary 2005 earnings guidance due to competitive pressure in the beer market.
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Manulife Mutual Funds ranks first in customer service for five consecutive years

TORONTO- For the fifth consecutive year, Manulife Mutual Funds, a division of Elliott & Page Limited, has been named the best in Canada for customer service among its competitors, according to an ongoing study by Environics Research Group.
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LEADERS SET AGENDA FOR WORLD ECONOMIC FORUM MEETING 2006

Davos, Switzerland, 25 January 2006 - Business, political and social leaders have mapped out the agenda for this year's World Economic Forum Annual Meeting, which opened yesterday.
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CHINA WILL RELY ON DOMESTIC DEMAND FOR ECONOMIC GROWTH, SAYS ZENG

Five-year plan seeks to double GDP

Davos, Switzerland, 25 January 2006 - China said today it will rely on domestic demand to fuel economic growth for the next five years while developing the country's natural resources in an environmentally sustainable manner.
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Developing States Set To Post Fastest Economic Growth In 2006: United Nations

The world economy is expected to grow at 3.3 percent this year, with developing countries set to post the biggest gains on the back of low interest rates, tame inflation and strong commodity demand, Agence France Presse reports a UN report said Tuesday.
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MERKEL DELIVERS OPENING ADDRESS TO 2006 ANNUAL MEETING

Chancellor of Germany calls for reforms, new business vibrancy in Europe

Davos, Switzerland, 25 January 2006 – Angela Merkel, Federal Chancellor of Germany, delivered the opening address at the World Economic Forum Annual Meeting 2006 tonight with a call for Germany "to become the leading country in ideas".
more...
TSN's 2005 A Record Year

TORONTO, With the 2005 calendar year now at a close, final year-end ratings data confirms TSN not only dominated the sports airwaves, but experienced significant audience growth in all time periods and demographics. In fact, it was record growth. Nielsen Media Research confirms that TSN continues to be the fans' choice for sports in Canada and that the network is in the midst of an unprecedented ratings boom. Audience comparisons for 2005 vs. 2004 show.
more...
Canadian Newspaper Association Presents the Canadian Launch of Blacked Out: Government Secrecy in the Information Age by Alasdair Roberts

TORONTO - Journalists, journalism students, and supporters of open government are invited to meet Professor Alasdair Roberts, Canada's foremost international authority on freedom of information and an expert contributor to the Gomery Commission, at the Canadian launch of his new book, Blacked Out: Government Secrecy in the Information Age.
more...
Trivial PursuitT and BalderdashT inventors launch new board games

Toronto, Ontario - More eagerly anticipated for some than the arrival of the Xbox, two of the world's greatest game inventors are stepping back into the limelight to unveil their new creations at the Canadian Toy and Hobby Fair in Toronto Saturday Jan. 28 - Monday Jan. 30.
more...
HEDGE FUNDS NAME Lehman Brothers TOP FIRM FOR EXECUTION AND SALES-TRADING IN ALPHA MAGAZINE RANKING

New York — Hedge fund managers say Lehman Brothers provides the best trade execution for both New York Stock Exchange–listed equities and Nasdaq Stock Market shares, according to a survey published in the January/February issue of Institutional Investor’s Alpha, released.
more...
WORLD LEADERS EMBRACE “THE CREATIVE IMPERATIVE” AT THE WORLD ECONOMIC FORUM ANNUAL MEETING 2006

It’s no longer business as usual as leaders at the World Economic Forum Annual Meeting seek new, creative capabilities to meet global challenges

Davos, Switzerland, 25 January 2006 – The 36th World Economic Forum Annual Meeting in Davos has opened with calls for business, political and civil society leaders to harness creativity to provide new answers to the world’s problems.
more...

THE WORLD ECONOMIC FORUM TO OPEN OFFICE IN CHINA

China to be Forum’s “hub” for a new breed of emerging global players

Davos, Switzerland, – The National Development and Reform Commission (NDRC) of the People’s Republic of China and the World Economic Forum have today formally agreed to establish a representative office of the Forum in China.
more...
Former Prime Ministers Campbell, Clark, Mulroney and Turner Join Together to Name The Next Great Prime Minister, Feb. 4 on CTV

TORONTO - The daily polls, endless politicking and incessant attack ads may be gone, but the battle has just begun to name Canada's Next Great Prime Minister. As confirmed last night on CTV's eTalk Daily, four former Prime Ministers will gather on-stage in Toronto next week to elect a potential future leader of the country in a landmark CTV special.
more...
The new Canadian Business Online

TORONTO- Canadian business decision makers and investors seeking a one-stop electronic source for the information, perspective and direction that makes them successful in their businesses, their careers and with their money need look no further than the new Canadian Business Online.
more...

BARCLAYS GLOBAL INVESTORS TOP ALPHA’S RANKING OF EUROPE’S LARGEST HEDGE FUND FAMILIES

NEW YORK — Barclays Global Investors takes top honors as Europe’s biggest hedge fund manager, according to a new ranking published by Institutional Investor’s Alpha magazine. In Alpha’s Europe Hedge Fund 50, our third annual ranking of Europe’s biggest single-manager hedge fund families by assets, BGI moves up from fourth place in 2005 to No. 1 this year.
more...


Wednesday, January 25, 2006
Automated Benefits Initiates Two More Software Pilots - Symbility Expands into the U.S. Northeast

WATERLOO - Automated Benefits Corp. announced that it's wholly owned subsidiary, Symbility Solutions Inc., has begun software pilot programs with two U.S.-based insurance carriers in the Northeast region.
more...

2005 was warmest year on record: NASA
By Deborah Zabarenko

WASHINGTON, Reuters - Last year was the warmest recorded on Earth's surface, and it was unusually hot in the Arctic, U.S. space agency NASA said on Tuesday.
more...
Waterloo professional support service staff reach tentative settlement

WATERLOO - The Waterloo Professional Support Services Personnel (PSSP) bargaining unit, who are members of the Ontario Secondary School Teachers' Federation (OSSTF), reached a tentative settlement with their employer.
more...

Sun Life Financial Launches Business-Building Tools For Advisors of Group Retirement Savings Plans

WATERLOO, ONTARIO- Sun Life Financial has launched a unique set of business-building tools to help plan advisors build and strengthen relationships with employers who sponsor group retirement savings plans.
more...


Canadians Made CTV No. 1 in Election Coverage

TORONTO - Once again, Canadians made CTV their broadcaster of choice for last night's historic Federal Election. Nielsen Media Research Canada confirms that CTV drew the most viewers of any network with 1.48 million viewers, 18 per cent more viewers than coverage on CBC (1.253 million viewers) and 92 per cent more viewers than Global (771,000).
more...
Waterloo Wellington Training and Adjustment Board business survey request
more...
WIHIR and Borden Ladner Gervais LLP announce partnership

WATERLOO - The Waterloo Institute for Health Informatics Research (WIHIR) at the University of Waterloo and Borden Ladner Gervais LLP (BLG) are pleased to announce that BLG has joined WIHIR as a corporate sponsor.
more...

Employment Insurance for November 2005 (preliminary)

The seasonally adjusted estimated number of Canadians receiving regular Employment Insurance benefits fell 1.4% from October to 496,510 in November and stood 4.2% lower than at the same time in 2004.
more...
2006 Salary Guide for IT Professionals Research Shows Average Starting Salaries to Remain Stable

TORONTO - Information technology (IT) professionals in Canada can expect starting salaries in 2006 to remain near or at 2005 levels, according to the Robert Half Technology 2006 Salary Guide. On average, starting salaries are projected to increase 1.7 per cent in 2006.
more...
Steelworkers call for compensation reform in Newfoundland & Labrador: Otherwise injured workers doomed to a life of pain and poverty

ST. JOHN'S - United Steelworkers' Assistant Ontario/Atlantic Director Marie Kelly has told a committee reviewing Newfoundland and Labrador's Health, Safety and Compensation system that, despite the highest average employer assessment rates in the country, the province has the lowest maximum ceiling on compensation benefits.
more...
US Investor Confidence Index Declines to 76.0 in January

BOSTON - State Street Global Markets, the investment research and trading arm of State Street Corporation (NYSE:STT), released the results of the State Street Investor Confidence Index(R) for January 2006.
more...
Momentum Conferencing Becomes First Canadian Conferencing Service Provider to Offer WiredRed's Multiparty Video

VANCOUVER, BRITISH COLUMBIA - Momentum Conferencing Corporation, a 100% Canadian-owned conferencing provider, announced that it will begin offering WiredRed's e/pop Web Conferencing, which makes Momentum the first full service conferencing supplier of e/pop in Canada. Branded as Momentum InMotion, the technology adds the face-to-face connection of live, multiparty video
more...


Tuesday, January 24, 2006
RIM PATENT DISPUTE IS SENT BACK TO VIRGINIA COURT - Supreme Court takes a pass on BlackBerry case
By James S. Granelli
Los Angeles Times

The Supreme Court refused Monday to intervene in a long-running legal dispute over BlackBerry e-mail pagers, increasing pressure on BlackBerry maker Research in Motion to settle the patent fight.
more...
Ford Announcements Shocking, Painful Blow
TORONTO - At a press conference in Toronto following today's Ford "Way Forward" announcements, CAW president Buzz Hargrove released the following statement:
Ford's announcement of up to 30,000 job cuts in North America, and up to 14 plant closures, is a shocking, painful blow that will shake the foundations of the whole North American auto industry.
more...
Canadians elect a Conservative Minority, Stephen Harper government.

Guelph and Kitchener Centre lose bellwether standing as Redman and Chamberlain maintain Liberal stronghold.

Area Standings

Kitchener-Waterloo - Andrew Telegdi with 47% of the vote
Kitchener-Centre - Karen Redman with 43% of the vote
Kitchener-Conestoga - Harold Albrecht with 40% of the vote
Cambridge - Gary Goodyear with 43% of the vote
Guelph - Linda Chamberlain with 40% of the vote
Wellington-Halton Hills - Michael Chong with 50% of the vote
more...
Industry Leaders Form Alliance to Foster Growth of Mobile Digital TV and Accelerate DVB-H Deployment in North America

Las Vegas, NV – A group of the industry’s leading wireless and entertainment companies announced the formation of a new organization created to promote the growth and evolution of Digital Video Broadcasting – Handheld (DVB-H), an open procedure standard for broadcast digital TV reception on mobile devices.
more...
CAW's Hargrove Calls on 3 Opposition Parties to Block Tory Changes

TORONTO - Canadian Auto Workers President Buzz Hargrove this evening expressed relief that Stephen Harper's Conservatives did not win a majority mandate from Canadian voters, and called on the three opposition parties to present a united front against the Conservatives to prevent the more extreme elements of Harper's program.
more...
Ambitious students at UW and WLU challenge their peers in a friendly competition.

WATERLOO, ON – UW and WLU students are facing off to determine once and for all: who’s really got what it takes? Waterloo vs. Laurier Apprentice is a scholarship program conceived, developed and run entirely by students from the University of Waterloo and Wilfrid Laurier University. The winning student will receive a $2,500 scholarship to his or her university.
more...

Statement from John Tory on the federal election results

QUEEN'S PARK - Ontario Progressive Conservative Party Leader John Tory issued the following statement on the election victory by the Conservative Party of Canada.
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ARISE Signs Fourth Letter of Intent to Supply PV Cells

KITCHENER, ON - ARISE Technologies Corporation announced that Blitzstrom GmbH of Germany, has signed a Letter of Intent to purchase 5 MWp of ARISE photovoltaic ("PV") cells targeted for production in 2007 and 10 MWp targeted for production in 2008.
more...

RDM Corporation appoints new Chief Financial Officer

WATERLOO, ON- RDM Corporation , a leading developer of specialized software and hardware products for electronic payment processing, today announced the appointment of James Merwin as the Company's Chief Financial Officer, effective January (23), 2006.
more...
Unisys selects RDM to enhance electronic check offering

WATERLOO - RDM Corporation (TSX: RC), the leading developer of specialized software and hardware products for electronic payment processing today announced that Unisys Corporation has selected the RDM EC6000/7000i series imager to offer a feature rich, low cost check electronification solution to its customers.
more...

First Capital Realty announces aquires 589 Fairway Road and two other Canadian properties

TORONTO - First Capital Realty Inc. owner, developer and operator of supermarket anchored neighbourhood and community shopping centres located predominantly in growing metropolitan areas, announced today the acquisition of three income-producing properties, in separate transactions, with an aggregate purchase price of approximately $38.1 million.
more...
Google vs the US Government

For the past few years privacy advocates have made a lot about the huge amounts of data search engines collect, saying these are ripe for the picking by government agencies and other companies interested in the vast amounts of personal information.
more...

Most Comprehensive Collection of Canadian Family Research Records Online Launches at www.ancestry.ca

PROVO, UTAH - A online network connecting families, MyFamily.com, Inc., has launched a new Canadian family research Web site offering the largest number of Canadian family research records online, including more than 150 million names, and the first and only fully indexed 1911 Census of Canada collection online.
more...
The Palestinian Authority’s election could significantly alter the way the area’s government operates.

Angus Reid Global Scan - Mario Canseco – This Wednesday, voters in the Gaza Strip and West Bank will renew the Palestinian Legislative Council for the first time since the death of Yasser Arafat. The election, postponed due to an electoral reform, will define the future of the area and, more than anything, outline the possibility of new peace talks with Israel.
more...
Diaspora series opens with illustrated lecture on Asian media

WATERLOO – A video artist and writer who made his mark tackling such controversial topics as racism and gay pornography will deliver the first of four lectures on diaspora, which generally describes people forced to live far from home due to political calamity.
more...

Doctors Without Borders Founder to Speak at U of G

The founder of the Canadian chapter of Médecins sans Frontières/Doctors Without Borders (MSF), an international organization dedicated to providing medical care to people living in vulnerable areas of the world, will speak Feb. 1 at 5:30 p.m. in Peter Clark Hall.
more...

Perimeter and Kitchener-Waterloo Art Gallery Partnership brings Canadian’s Best

In 2005, KW|AG and the Perimeter Institute formed a partnership to bring cutting edge visual art presentations by distinguished artist and cultural figures to the Region of Waterloo. The commitment to the world of ideas shared by both institutions and the desire to see art as part of the constellation of contemporary discussion is the basis of this partnership. Lectures this year have included noted Toronto photographer Edward Burtynsky and New York painter Eric Fischl.
more...

WTTC calls upon Austrian Presidency to withdraw taxing of aviation as a revenue source for EU budget

London – The World Travel & Tourism Council (WTTC) the global forum for business leaders in the Travel & Tourism industry, issued a statement calling upon the Austrian Presidency to withdraw plans for raising funds through the taxation of international air travel.
more...


Monday, January 23, 2006
Intelligent Community Forum Names Top Seven Intelligent Communities of 2006 - Waterloo one of two North American communities named

On January 17, Intelligent Community Forum announced its list of the Top Seven Intelligent Communities of 2006 at the annual conference of the Pacific Telecommunications Council in Honolulu, Hawaii, January 15-18.  This announcement followed the selection of the Smart 21 Communities on November 18, which were finalists for the prestigious Top Seven list. 
more...
UW plays key role as Waterloo named one of the world's Top Seven Intelligent Communities

WATERLOO - The University of Waterloo played a key role in the City of Waterloo being named by the Intelligent Communities Forum (ICF) as one of the Top Seven Intelligent Communities of 2006 in the world.
more...
Retail trade for November 2005

Retail sales advanced at the fastest rate of growth in four months in November, and nearly double the pace of the previous month. New motor vehicle sales were again a strong contributor to these gains
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U of G Awarded First Fulbright Chair

The University of Guelph has been awarded its first-ever chair from the Canada-U.S. Fulbright Program. The prestigious honour will bring esteemed visiting scholars to Guelph to collaborate with faculty and conduct research.
more...

UW to host Canadian Engineering Competition in 2008

WATERLOO - The University of Waterloo was successful in its bid to host the 2008 Canadian Engineering Competition (CEC), which attracts top engineering students from across the country.
more...

Webcast and Podcast Schedule Released ahead of World Economic Forum Annual Meeting 2006 in Davos

Geneva, Switzerland 23 January 2006 – The World Economic Forum has released its webcast and podcast schedule in the run-up to its Annual Meeting 2006 in Davos. The aim is to share the proceedings of the Meeting with as wide a public as possible and to increase the transparency of the Meeting.
more...
Toronto Star Negotiates Historic Living Agreement With its Largest Craft Union - New collective agreements extended to December 31, 2011

TORONTO - The Toronto Star and its largest craft union, representing the employees in Platemaking, the Pressroom and the Mailing Room, today announced the ratification of changes to three collective agreements and the extension of those collective agreements.
more...
Toyota sells 3,000,000th vehicle in Canada

TORONTO- Toyota Canada Inc. (TCI) today announced that the company has sold its three millionth vehicle in Canada. "In just over 40 years of doing business in Canada, we have hit an important milestone with the sale of our three millionth vehicle," said Kenji Tomikawa, President of TCI. "When we first began our operations in Canada, Toyota was an unknown brand name, with only a handful of dealerships and a limited model selection.
more...
University of Guelph Alumni Associations Seek Award Nominees

The U of G Alumni Association seeks nominations for five awards honouring the achievements of alumni and the contributions of volunteers.
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