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Business, Economics, Entrepreneurs, Environment, Science and Technology
Friday, June 15, 2007

Ontario's housing affordability levels off, says RBC Economics

TORONTO - According to a new housing report issued June 15, 2007, by RBC Economics, Ontario's housing market appears to have stabilized. "Healthy income gains were offset by modest house price growth, creating very little movement in affordability across all housing classes," said Derek Holt, assistant chief economist, RBC.
more...

Rising Canadian dollar not hurting Canadian economy despite big manufacturing job losses, finds new CIBC World Markets report

275,000 lost manufacturing jobs offset by 1.5 million gains in rest of economy

TORONTO - The rising Canadian dollar shows no sign of derailing the national economy as widespread job growth has dwarfed losses in Canada's dwindling manufacturing sector, according to a new report by CIBC World Markets.
more...

City of Kitchener Honoured with Urban Leadership Award

TORONTO - Kitchener City Council received the prestigious Canadian Urban Institute Award for City Livability at a luncheon at the Fairmont Royal York Hotel on June 14, 2007.
more...

Strong Ontario Demand lifted New motor vehicle sales in April 2007

Strong demand in Ontario helped national new motor vehicle sales surge 6.9% in April. This increase, the strongest since July 2005, followed flat sales in March 2007 and completely offset the declines of 3.4% in January and 3.4% in February.
more...

2007 Guelph Awards of Excellence Winners Announced

The Guelph Chamber of Commerce announced the recipients of the 2007 Guelph Awards of Excellence at June 13, 2007 Guelph Awards of Excellence gala event.
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Housing affordability deteriorates across Canada, says RBC Economics Climbing prices key driver of erosion

TORONTO - Canada's housing affordability eroded across all four housing types in the most recent quarter, according to the latest Housing Affordability report released today by RBC Economics.
more...

Warwick Commission to Study Consequences of Doha Development Round During Toronto Meetings

TORONTO - In its first overseas meeting, the Warwick Commission on 'The Multilateral Trading System after Doha' meets in Toronto on 15/16 June 2007. An initiative of the University of Warwick, one of the UK's leading universities, the Commission is Chaired by the Hon. Pierre Pettigrew and is made up of 17 other leading experts on world trade.
more...

Senior Sun Life Financial Inc. executives highlight success of global distribution strategy

TORONTO - Sun Life Financial Inc. will hold Investor Day 2007 at 8:30 a.m. ET on Wednesday, June 20 providing investors and analysts with an update on company performance, business strategy, and worldwide operations.
more...

Buffalo BioSciences Announces New Economic Development Training Service; Pins Key Expert to Lead Offering

BUFFALO, NY - Buffalo BioSciences, LLC, announced the launching of its new training services program for economic development organizations targeting technology sector growth, called "CATALYST SERVICES."
more...

Ontario Government Announces North America's First Clean Energy Standard Offer Program

Clean Energy Programs Another Step Forward Towards A Greener, Healthier Ontario

TORONTO - Two new initiatives that help reduce barriers for small energy generators and encourage larger co-generation projects will increase Ontario's supply of cleaner energy, Minister of Energy Dwight Duncan announced June 14, 2007.
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Ontario's Power Producers welcome new energy supply programs

TORONTO - The Association of Power Producers of Ontario (APPrO) complimented the Ontario government on today's announcement of both the Clean Energy Standard Offer Program (CESOP) and the release of further details on another round of Combined Heat and Power (CHP) procurement.
more...

Africa's AIDS Epidemic Slowing - World Bank

"The pace of Africa's deadly AIDS epidemic is slowing as communities are empowered to help themselves in tandem with better delivery of condoms and live-saving treatments, a World Bank report [Condoms, Drugs, NGOs, Slow HIV in Africa] said on Wednesday.
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Germany Urges World Bank to Focus on Africa, Climate Change

"German Development Minister Heidemarie Wieczorek-Zeul on Wednesday urged Robert Zoellick, the US nominee to head the World Bank, to focus on Africa and climate change during his mandate.
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Lack of Networks Hampers Entrepreneurs

An FT report on leading businesswomen writes that "For some women it is the bureaucratic barriers that have to be tackled when they attempt to get licenses or register companies in male-dominated business sectors. For others it is the challenge of overcoming perceptions and having to work that much harder to be accepted.
more...

UW researchers receive CFI support for wide-ranging projects

WATERLOO - Nine University of Waterloo researchers have received funding from the Canada Foundation for Innovation (CFI) to perform work in such wide-ranging areas as knee injuries, drug treatments, car pollution and obsessive-compulsive disorders.
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UK Farmers' leader calls for a realistic look at biofuels

Peter Kendall, President of the UK's National Farmers' Union yesterday (13th June) called for the UK to engage in a realistic assessment of biofuels.
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Boeing 'really excited' about biofuels

Air traffic is attracting increasing attention from politicians due to concerns about global warming. How can aircraft manufacturers help reduce greenhouse-gas emissions? How is the reduction-potential broken down between engine improvement and other areas?
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MACLEAN'S asks: If canada's economy is booming, why do we feel so poor?

Unemployment is at a 33-year low, the dollar is soaring, and the economy is hotter than it's been for years. So why are so many of us struggling to get by? Also in the issue of Maclean's hitting newsstands this week: Polygamy - Legal in Canada?
more...

Transcontinental achieves solid performance in second quarter and maintains earnings-per-share objective despite rise in canadian dollar

MONTREAL - Transcontinental today reported solid financial results for its second quarter ended April 30, 2007, despite a negative foreign exchange impact and a soft advertising market in certain segments. As mentioned in the previous quarter, management expects results for the second half to be higher than they have historically been compared to the first half.
more...

Ontario's Innovative Health Technology Businesses Get Boost from Strategic Partnership

TORONTO - A three-way collaboration between the Health Technology Exchange (htx.ca), National Research Council Canada Industrial Research Assistance Program (NRC-IRAP), and Ontario Centres of Excellence (OCE) Inc. is stimulating growth in Ontario's medical and assistive technologies industry.
more...

Toronto targets high-value U.S. gay travellers

TORONTO - Tourism Toronto announced today a series of initiatives aimed at strengthening Toronto's market position as one of the top international destinations for high-value U.S. gay travellers.
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Study: Labour force projections in Canada 2006 to 2031

Canada's labour force will continue growing, but the overall participation rate will fall sharply, during the next quarter century in the wake of the nation's low fertility and the retirement of millions of baby boomers, according to a new study.
more...

COM DEV Announces Second Quarter FY2007 Results

CAMBRIDGE - COM DEV International Ltd. announced June 14, 2007, its second quarter financial results for the three-month period ended April 30, 2007. All amounts are stated in Canadian dollars.
more...

Laurier to host international Greening of Industry conference Public Affairs

WATERLOO — A prominent group of international experts will gather at Wilfrid Laurier University from June 15 to 17 to discuss the role of organizations in sustainable development.
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Safari for Windows Public Beta Downloads Top 1 Million in First 48 Hours

CUPERTINO, California— Apple® announced that more than 1 million copies of Safari™ for Windows were downloaded in the first 48 hours since the free public beta was made available on Monday.
more...

Small business report card on the Canadian Food Inspection Agency shows "room for improvement"

OTTAWA - The average small business spends roughly a month out of each year complying with Canadian Food Inspection Agency (CFIA) regulations. This is among the key findings of a report: CFIA Report Card - A Small Business Assessment of the Canadian Food Inspection Agency, released June 14, 2007 by the Canadian Federation of Independent Business (CFIB)
more...

BrainTrust Canada launches new 'protectyourhead' social marketing campaign

KELOWNA, BC - BrainTrust Canada, a community rehabilitation organization dedicated to being a leader in injury prevention, is launching a hard-hitting social marketing campaign in BC targeted at the highest risk group for brain injury, males 16-24 years of age.
more...

MSBi Capital Extends its Reach with the Addition of two new Venture Partners

Montreal - MSBi Capital, a venture capital fund that specializes in sectors such as software, semiconductors, medical devices, biopharmaceuticals, cleantech and advanced technologies, today announced the addition of two new venture partners to its network to help the fund extend its reach and increase its visibility across key industries.
more...

CHINA'S FORMER FOREIGN MINISTER CALLS FOR DEEPER COOPERATION WITH AFRICA

Cape Town, South Africa - Li Zhaoxing, who recently stepped down as Foreign Minister of the People’s Republic of China, today said the relationship with Africa remains a priority for China and he expressed hope that it would go from strength to strength.
more...

Laurier to host personal and professional development day

WATERLOO — Wilfrid Laurier University and the Alumni Relations Office is hosting the third installment of the personal and professional development series, Developing Amidst Change: Maximize Your Personal and Professional Potential, on Friday, June 22.
more...

U of G Helps Raise $30,000 at Wheels in Motion

The University of Guelph community helped raised $30,000 to support national spinal cord research and address high-priority needs in the community during this year’s Wheels in Motion.
more...

Clean fuel research deal agreed by BP and Synthetic Genomics

Synthetic Genomics Inc., a privately-held company dedicated to commercializing synthetic genomic processes and naturally occurring processes for alternative energy solutions, has announced a significant, long-term research and development deal with BP.
more...

Ontario Government Seeing Results From Investment in Newcomers

Internationally Trained Newcomers Joining Ranks of Ontario's Professional Agrologists

GUELPH - The Ontario government is seeing results from an investment in innovative programming to help internationally trained agrologists find employment in their chosen field, Minister of Citizenship and Immigration Mike Colle announced June 14, 2007.
more...

City of Toronto unveils Phase I of its Climate Change and Clean Air Action Plan and Sustainable Energy Plan

TORONTO - After extensive public and stakeholder engagements, the City of Toronto's Climate Change and Clean Air Action Plan and Sustainable Energy Plan will take the first step toward approval at the Parks and Environment Committee.
more...



Thursday June 14, 2007

Ontario Government Investing In Green Communities

$220 Million Available In Grants And Loans For Municipalities To Reduce Greenhouse Gas Emissions

PETERBOROUGH - The Ontario government is providing $200 million in loans and $20 million in grants over the next three years to help municipalities reduce greenhouse gas (GHG) emissions.
more...

Foreign control in the Canadian economy in 2005

Foreign Corporations accounted for 21.2% of corporate assets in Canada, 29.9% of corporate operating revenues and 30.5% of corporate operating profits.

Statscan - The share of foreign control in the Canadian economy remained relatively stable in 2005. However, Canadian-controlled corporations had a better year financially than their foreign-controlled counterparts, according to a new report.
more...

One of the 'Fathers of the Internet' gives UW talk on WWW future trends, issues

WATERLOO - Widely known as one of the 'Fathers of the Internet,' Vinton Cerf will visit the University of Waterloo next week to give a public talk on the future of the World Wide Web, covering such issues as spam and fraud.
more...

Government finance: Revenue, expenditure and surplus 2007

The nation's federal, provincial, territorial and local governments, as well as the Canada/Quebec Pension Plans, recorded a combined surplus of $29 billion in 2007, up slightly from the $28-billion surplus in 2006
more...

CIOs report on third-quarter technology hiring projections

TORONTO - Chief information officers (CIOs) project continued hiring of information technology (IT) professionals in the third quarter of 2007, although at a more moderate rate than during the second quarter, according to a recent Technology IT Hiring Index and Skills Report. Twelve per cent of executives surveyed plan to add IT staff in the next three months and 1 per cent foresee personnel cutbacks.
more...

University of Guelph President Alastair Summerlee Dialogue Huge Success

The President’s Dialogue on Canada’s role as a global citizen attracted a packed audience of more than 600 University and community members Wednesday.
more...

Mississauga innovator uncorks wine bottle recycling revolution

MISSISSAUGA - MPI Packaging Inc., the first Canadian manufacturer of revolutionary plastic wine bottles, is pleased to announce that LCBO store shelves are getting filled with more and more of its bottles.
more...

SkyPower Closes on Investment From Lehman Brothers

NEW YORK and TORONTO - SkyPower Corp., one of Canada's leading renewable energy companies with a substantial portfolio of wind and solar projects across Canada, has announced that Lehman Brothers and its Private Equity business have acquired a significant equity stake in the company.
more...

D
riving tours offer a great way to enjoy rich history and scenery of Grand River Country

The Grand River watershed is loaded with historic sites, scenic vistas and great places to enjoy outdoor fun.
more...

Canada's Government Increases Canada's Access to Emerging Satellite Broadcasting and Telecommunications Services to Benefit Canadian Business and Consumers

OTTAWA - The Honourable Maxime Bernier, Minister of Industry, announced the results of a licensing initiative to authorize the development of new Canadian satellites that will increase and improve broadcasting and telecommunications services to Canadian entrepreneurs and consumers.
more...

"BUILD CAPACITY FOR GROWTH", SAY AFRICAN LEADERS AS WORLD ECONOMIC FORUM ON AFRICA OPENS

Cape Town, South Africa - African countries should focus on building the capacity necessary to help their economies sustain the strong growth many of them have achieved in recent years, two African leaders told participants at the opening session of the World Economic Forum on Africa.
more...

ATS to host fourth quarter conference

CAMBRIDGE - ATS Automation Tooling Systems Inc. today announced it plans to report its fourth quarter results prior to market opening on Wednesday, June 20, 2007.
more...

First Wi-Fi Based WiMAX Wireless Network to be Deployed Across Montreal

Official project launch planned for September

MONTREAL - Montreal will soon become the first Canadian city to deliver wireless Internet and mobile IP telephony to residents. A new WiMAX based Wi-Fi network is being deployed across the metropolitan area thanks to a joint venture between two Quebec-based businesses:
more...

Ontario Government Supports Program That Promotes Respect and Empathy in Ontario Schools

Roots Of Empathy Recognized For Contributions To Education in Ontario

TORONTO - The Ontario government is supporting Roots of Empathy's efforts to increase student empathy and build character in the province's students, Education Minister Kathleen Wynne announced June 13, 2007.
more...

O
ntario Government Improves Bridge In Leeds-Grenville

Thousand Islands Parkway Bridge To Be Repaired

LEEDS-GRENVILLE, ON - The Ontario government is improving Ontario's infrastructure by repairing the Thousand Islands Parkway Bridge near Gananoque, Hastings-Frontenac-Lennox and Addington MPP Leona Dombrowsky announced today on behalf of Transportation Minister Donna Cansfield.
more...

Bang & Olufsen Introduces BeoVision 7 - Its Premier LCD Screen to Arrive in North America

Perfect picture and sound technology provide the ultimate home theater experience

ARLINGTON HEIGHTS, Ill. - Bang & Olufsen, the Danish provider of high end home theaters and custom multi-room music systems, proudly announced the arrival of the highly anticipated BeoVision 7 -- its premier 40 inch LCD widescreen to launch in North America this summer.
more...

On average, households across ten major centres spent more than $11,000 on renovations in 2006

OTTAWA - Approximately 1.5 million households in 10 major Canadian centres surveyed(1) indicated they completed renovations last year, costing an average of more than $11,000, according to the new Renovation and Home Purchase Survey(2) released June 14, 2007 by Canada Mortgage and Housing Corporation (CMHC).
more...

Pamela Wallin Installed As Chancellor

Pamela Wallin, an accomplished and esteemed journalist, diplomat and entrepreneur, was installed June 13, 2007 as chancellor of the University of Guelph.
more...

Ontario Government Announces New Higher Rates For 2007 Ontario Savings Bonds

Bonds Staying Competitive With Similar Investments Mortgage Rate go up 4th time in one month.

TORONTO - Finance Minister Greg Sorbara announced increased interest rates for the 2007 issue of Ontario Savings Bonds (OSBs) to keep the bonds competitive in Ontario's investment market.
more...

Manulife Financial adds Member Progress Report to suite of leading retirement savings plan communications

TORONTO - Manulife's newest communication tool for pension plan members - the innovative Member Progress Report - will be introduced in July to members of group retirement savings plans with Manulife across Canada.
more...

ALLIANCE FOR A GREEN REVOLUTION IN AFRICA APPOINTS KOFI ANNAN AS ITS FIRST CHAIRMAN

Cape Town, South Africa - At the World Economic Forum on Africa, taking place from 13 to 15 June in Cape Town, the Alliance for a Green Revolution in Africa today announced the appointment of former UN Secretary-General Kofi Annan as its first Chairman.
more...

Ambassador Bridge to Continue Green Corridor Plans Despite Windsor City Council Ruling

WINDSOR - Despite the decision by City Council Monday evening to delay the demolition of six houses that the Ambassador Bridge owns on the east side of Indian Road, the company has pledged to continue with its plans to work with the Green Corridor to improve the landscape and lifestyle of the Windsor community.
more...

XM Canada achieves 270,000 subscribers

TORONTO - Canadian Satellite Radio Holdings Inc. through its XM Canada satellite radio service, announced June 11 it has achieved 270,000 subscribers as of the end of its third quarter ended May 31, 2007.
more...

FINALISTS ANNOUNCED FOR SOCIAL ENTREPRENEUR AWARDS SOUTH AFRICA 2007

Cape Town, South Africa – The Schwab Foundation for Social Entrepreneurship in partnership with Ernst & Young is pleased to announce the finalists for the Social Entrepreneur Awards South Africa 2007, acknowledging the positive impact of their efforts on South Africa through a focus on social change, innovation and sustainability.
more...

CFOs Report on third-quarter financial hiring projections

TORONTO - Financial executives expect to continue hiring accounting and finance professionals in the third quarter, according to the Robert Half Financial Hiring Index, although at a more moderate rate than during the second quarter.
more...

Agriculture-Brazil: David, Goliath and land reform
By Fabiana Frayssinet

RIO DE JANEIRO - The largest movement fighting for the distribution of unproductive rural property to landless peasant farmers in Brazil complains that the "euphoria" over the production of biofuels from sugar cane and other crops is aggravating the concentration of land ownership and driving up land prices.
more...

Employer pension plans (trusteed pension funds)

Statscan - Fourth quarter 2006Previous releaseThe market value of trusteed pension funds assets ended 2006 with a surge to $915 billion.
more...



Wednesday June 13, 2007

A failure to innovate results in poor grades on Canada's report card

OTTAWA - Canada's socio-economic performance is mediocre compared to other developed countries, according to the Conference Board's 11th annual snapshot of Canada's outcomes in six domains-Economy, Innovation, Environment, Education and Skills, Health and Society.
more...

Resurrection Students Strike Gold At National Skills Competition

Kitchener -The Trustees and Administration of Waterloo Region’s Catholic Schools congratulate the student team of Ian Hillier, Jamie Hobson, John Nguyen, Ken Nguyen, their teacher advisor Norm Dutrisac, and the Tech Department from Resurrection Catholic Secondary School for their winning performance in the Robotics Team Competition at the Skills Canada National Competition held last week in Saskatoon, Saskatchewan.
more...

UW's spring convocation awards student degrees, honorary degrees - long list

WATERLOO - The University of Waterloo will graduate more than 4,300 students and award 17 honorary degrees during spring convocation in UW's 50th anniversary year to be held on campus from Wednesday through Saturday (June 13-16).
more...

Thomson Financial Unveils New Webcasting Operations Center in Boston

Video Webcasting Emerges as a Viable Corporate Communications Tool

NEW YORK - Thomson Financial, an operating unit of The Thomson Corporation and a leading provider of information and technology solutions to the worldwide financial community, on June 12 announced it reached a major milestone by producing and creating its 100,000th client webcast.
more...

UW urges passing of Bill C-52

The University of Waterloo urges elected members of Parliament and the Senate to settle any outstanding political issues in order to grant passage of Bill C-52, the Budget Implementation Act currently making its way through the House and Senate.
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Montreal-Based Scam Allegedly Bilks Organizations of $10-Million

OTTAWA - The Competition Bureau today announced that criminal charges have been laid against three individuals allegedly involved in deceptive telemarketing activities in Montreal. The scam targeted businesses, not-for-profit organizations and government agencies across Canada, and invoiced them for toner cartridges they did not order and did not want.
more...

Waterloo Region Upcoming Technology Events by Communitech

Ian Russell is currently President of DiskStream Inc., a Waterloo-based start-up funded by TechCapital Partners. Prior to joining DiskStream Inc. as President, Ian held positions as Vice President, Software Components for Telelogic AB, Managing Director of Real Time Products Ltd., as well as a senior product management role at Research In Motion Ltd.
more...

Sex Conference to Explore Human Rights and Sexual Health

The 29th Annual Guelph Sexuality Conference, Canada’s largest and longest-running sexual health forum, runs June 19 and 20 at the University of Guelph. The event will bring together more than 400 educators, nurses, physicians, therapists, social workers, clergy, students and other health professionals from across North America.
more...

Ethanol production faces challenges, bright future
By Scott McMillion

Montana - Ethanol production is good for the economy and the environment, but it can and should get even better, proponents said at a conference here Monday.
more...

New Ontario Fire Code Released

TORONTO - Minister of Community Safety and Correctional Services Monte Kwinter has announced the release of Ontario's new edition of the Fire Code to better address Ontario's public fire safety.
more...

The Longest Charitable Cycling Event in the World - The Sears National Kids Cancer Ride

TORONTO - Sears Canada Inc. announced a major new charity initiative and alliance with Coast to Coast Against Cancer Foundation that will help raise awareness and funds for childhood cancer. In 2008, cyclists from across Canada will be able to register for a trans-Canada cycling adventure, traveling nearly 7,000 kilometers from Vancouver to Halifax in the Sears National Kids Cancer Ride.
more...

Virtek Vision Acquires Remaining 25% interest of FOBA

- Acquisition is consistent with Virtek's focus on Marking & Engraving business

WATERLOO - Virtek Vision International Inc., announced that it now owns 100 percent of its German subsidiary, FOBA Technology & Services GmbH, following the purchase of the remaining 25 percent interest in the Marking & Engraving products and systems company.
more...

Boomers Baffled about What it Means to be Executor of a Will According to BMO/Ipsos Reid survey:

- close to one-third think they would have to take care of the deceased's children
- one in four believe they would be obligated to adopt deceased's pets
- more than half think they would have to interpret what the deceased meant in any confusing parts of the will


TORONTO - As baby boomers prepare for the next phase of their lives and plan their estates, a recent survey for BMO Financial Group found that there is mass confusion over what the role of an executor actually entails.
more...

Lighting Canada's National Tower

Spectacular Light Show Launches CN Tower Illumination - June 28, 2007

TORONTO - National icon, architectural and engineering wonder, world's tallest - at sunset on June 28, 2007 the CN Tower will dramatically transform the Toronto night time skyline during a special public event premiering the innovative architectural illumination of Canada's National Tower and kicking off Canada Day weekend.
more...

General Social Survey: Navigating family transitions in 2006

Statscan - A growing proportion of fathers have taken leave from work for the birth or adoption of a child since 2001, although they have been returning to work sooner than mothers, according to a new report.
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LEADERSHIP WATERLOO REGION COMMENCEMENT 2007: A CELEBRATION OF LEADERSHIP

Kitchener – Leadership Waterloo Region, the only community leadership development program in Waterloo Region, is honouring its 22 outstanding community leaders (see attached list) who have spent the last 10 months enhancing their leadership skills and looking at the community through a different lens.
more...

Shipments declined in 12 of 21 manufacturing industries, which represent about 51% of total output Monthly Manufacturing Survey in April 2007

Statscan - Following a strong gain in March (+3.0%), manufacturing shipments edged down in April. Shipments decreased by 0.6% to an estimated $49.7 billion. Excluding the motor vehicle parts and accessory industries, manufacturing shipments increased 1.0% in April.
more...

INTERNAL COMMUNICATIONS AGENCY PARTICIPATES IN CHARITABLE CREATEATHON

CAMBRIDGE – Punch Integrated Communications invites non-profit organizations to submit applications for its 2nd annual CreateAThon®, scheduled for September 27, 2007. CreateAThon is a 24-hour blitz during which Punch provides marketing and creative services to non-profit organizations on a pro-bono basis.
more...

Canada's brightest young math minds gather at UW for 42nd annual seminar

WATERLOO - Some of the brightest math students from high schools across Canada are honing their skills this week as the University of Waterloo hosts the 42 annual Canadian Mathematics Competition Seminar.
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City of Kitchener Presents Senior of the Year Award

KITCHENER - The City of Kitchener honoured a ''true peer helper'' last night with its Senior of the Year Award. John Chernes was presented the award by City Council, who commended the local volunteer for all the work he's done with the city's senior peer support programs since 1999.
more...

Stingray™ for Ultra Definition Displays to Debut at InfoComm

LEXINGTON, Ky. – Mersive Technologies, an emerging display technology company that is redefining the ease with which ultra resolution, multi-projector displays can be designed, configured and maintained, on June 12 announced it is partnering with the National Science Foundation to define a new standard for how media can be transmitted, manipulated, and displayed on Ultra Definition (UD) devices.
more...

Alcan and Airbus sign multi-year supply high-performance aluminum contract

PARIS, France - Alcan has signed a new long-term agreement to supply Airbus with a variety of high-performance aluminum products, including plate, sheet, stringer, and small extrusions and tubes, for the full range of Airbus' aircraft programs, including the A380 and the new A350 XWB.
more...

The Co-operators Contributes Over $40,000 to Saskatchewanian Charities

REGINA - The Co-operators announced donations totalling $224,075 to 183 Canadian charitable organizations, including eight from Saskatchewan. The contributions were part of the Directed Donations program, in which each staff member directs $75 of corporate funds to the charity of his or her choice.
more...

INFRASTRUCTURE, INSTITUTIONS AND FINANCE CRUCIAL TO MAKING AFRICA MORE COMPETITIVE

New report from World Economic Forum, World Bank and African Development Bank takes stock of African competitiveness

Cape Town, South Africa, – African businesses can become far more competitive, but African governments and their international partners will need to improve access to finance, rebuild infrastructure and strengthen institutions.
more...

False beliefs about sexual abuse against children: A reality still too present in 2007

MONTREAL - An Echo survey undertaken by the Marie-Vincent Foundation, in cooperation with the Centre d'expertise en agression sexuelle Marie-Vincent, brings to light the overwhelming reality of child sexual abuse victims.
more...

Virtek Vision Reports Fiscal First-Quarter 2008 Results

- Sales of Marking & Engraving products up 44%, but gain is offset by decline in Imaging & Templating segment
- Breakeven net income reflects consolidated sales decline, foreign exchange loss, and changes in product mix

WATERLOO - Virtek Vision International Inc., announced its financial results for the fiscal 2008 first quarter ended April 30, 2007.
more...

Fraser Institute expands to Montreal; think tank to provide free market perspective en français

MONTREAL - The Fraser Institute, Canada's leading independent economic research and educational organization, is expanding to Quebec with the opening of a new Montreal office.
more...


Tuesday June 12, 2007

A Strong Hiring Climate in Canada for the Third Quarter of 2007 Predicts Manpower Employment Outlook Survey

Toronto – Canadian employers expect a solid hiring climate for the July to September period of 2007 according to the latest results of the Manpower Employment Outlook Survey, the most extensive, forward-looking employment survey in the world.
more...

Labour productivity, accelerates in First quarter 2007 says Statscan

The year 2007 opened on a solid note for productivity in the Canadian business sector. Between January and March, quarterly labour productivity growth accelerated to 0.7%, more than three times the pace in the previous quarter (+0.2%).
more...

The Co-operators Contributes $37,950 to Local Charities

GUELPH, ON - The Co-operators announced today donations totalling $224,075 to 183 Canadian charitable organizations, including ten from the tri-city. The contributions were part of the Directed Donations program, in which each staff member directs $75 of corporate funds to the charity of his or her choice.
more...

Toronto Named a MasterCard Worldwide Center of Commerce: Ranks 12th out of 50 Cities Driving Global Commerce

Vancouver, Toronto and Montreal Rank 1-2-3 in Ease of Doing Business

TORONTO - Toronto, Montreal and Vancouver have been named three of the world's 50 Worldwide Centers of Commerce(TM) - cities that drive global commerce. MasterCard Worldwide on June 12, made the announcement as part of its new groundbreaking research effort, the MasterCard Worldwide Centers of Commerce(TM) program, designed to provide insights and knowledge on how leading cities influence the global economy.
more...

Descartes Announces Steering Committee for 2007 - 2008 Global User Group

WATERLOO - Descartes Systems Group, a global on-demand software-as-a-service (SaaS) logistics solutions provider, announced the 2007 - 2008 Steering Committee for its Global User Group.
more...

Study: Rising education of women and the gender earnings gap from 1981 to 2001

Statscan - The earnings gap between young women and men only declined moderately during the 1990s, despite a dramatic increase in the proportion of young women holding a university degree, according to a new study.
more...

Virtual Causeway once again selected as one of Canada’s Fastest-Growing Companies

PROFIT Magazine recognizes Virtual Causeway’s 1298% growth over five years in 19th annual PROFIT 100 Ranking

Waterloo Region – Virtual Causeway has been named one of Canada’s fastest-growing companies in PROFIT magazine’s June 2007 issue. A leading outsource provider of integrated sales and marketing services, Virtual Causeway’s revenue increased by 1,298% during the five-year review period – exceptional results that secured the company 44th place in the 19th annual PROFIT 100 ranking.
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Apple Introduces Safari for Windows

Public Beta Available Today for Mac & Windows

WWDC 2007, SAN FRANCISCO— On June 11 Apple® introduced Safari™ 3, the world’s fastest and easiest-to-use web browser for Windows PCs and Macs. Safari is the fastest browser running on Windows, based on the industry standard iBench tests, rendering web pages up to twice as fast as IE 7 and up to 1.6 times faster than Firefox 2.
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Putin Calls For New Financial World Order

“Russian president Vladimir Putin called on Sunday for a radical overhaul of the world’s financial and trade institutions to reflect the growing economic power of emerging market countries – including Russia. Putin said the world needed to create a new international financial architecture to replace an existing model that had become ‘archaic, undemocratic and unwieldy’.
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Canada's most innovative university launches bold plan for sixth decade

WATERLOO - Six internationally recognized world-class programs, a tripling of graduate studies, two international campuses and quantum computing research second to none. Canada's most innovative university is marking its 50th anniversary with a plan for the next decade that aims for global excellence.
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With $15, 0000 MCGUINTY GOVERNMENT HELPS TO COMBAT ELDER ABUSE IN KITCHENER - OR NOT

Waterloo Region Committee on Elder Abuse Receives Funds to Help Prevent Abuse of Seniors

WATERLOO REGION - The Waterloo Region Committee on Elder Abuse has received $15,000 from the Ontario government which it may use to combat the abuse of senior citizens, John Milloy, MPP for Kitchener Centre, announced June 11, 2007.
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Rogers Media to Acquire Citytv Stations from CTVglobemedia Inc.

TORONTO - Rogers Media and CTVglobemedia Inc. announced an agreement under which Rogers Broadcasting, a Rogers Media subsidiary, would acquire five Citytv conventional television stations from CTVglobemedia Inc.
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Two innovative research centres approved

WATERLOO — How does our brain process the things we hear, see and feel? How does it control our memory, language and attention? What causes Parkinson’s disease, and how can we improve the lives of people with Parkinson’s and other movement disorders?
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City of Waterloo launches Committee recruitment process

Waterloo, ON – Whether you’re interested in the environment or arts and culture, trails and transportation or recreation and leisure, the City of Waterloo has a committee for you.
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Afghanistan: A Fragile State

Tackling Economic and Social Vulnerability
World Bank Feature Story

A definitive list of Fragile States is impossible to draw up since the defining characteristics Fragile States- are a continuum. Some countries have more fragile characteristics than others, and for many countries, fragile status is a phase.
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CFI Invests $1.5 Million in U of G Research

Increasing the efficiency of work teams, developing environmentally-friendly urban landscape systems and studying the relationships of proteins are just some of the University of Guelph research projects that received more than $1.5 million in support from the Canada Foundation for Innovation.
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Researchers have high hopes that a tropical grass known as a 'superweed' will one day replace crude oil

By Rick DelVecchio

MONTICELLO, Ill. - The farmer, standing in a field of tall grass, talked like an oilman.

The grass was waist-high as John Caveny held out a business card with his title printed in green: "Biomass Energy Wildcatter." He compared the potential energy productivity of the Corn Belt to that of East Texas more than 100 years ago.
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CTVglobemedia Inc. Accepts CRTC CHUM Decision A-Channels Retained

TORONTO - CTVglobemedia Inc. today announced its acceptance of the Canadian Radio-television and Telecommunications Commission (CRTC) ruling of June 8th, regarding the transfer of effective control of CHUM Limited.
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STRONG HIRING CLIMATE EXPECTED FOR KITCHENER/CAMBRIDGE AREA

Kitchener – Kitchener and Cambridge area employers expect a solid hiring pace for the third quarter of 2007, according to the latest Manpower Employment Outlook Survey.
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Brick Brewing reports first quarter results

WATERLOO - Brick Brewing Co. Limited Ontario's largest Canadian-owned and Canadian-based publicly held brewery released its first quarter financial results for the quarter ended April 30, 2007.
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Co-operators General Insurance Company Announces Closing of $100 Million Offering of a New Series of Preference Shares

GUELPH- Co-operators General Insurance Company announced June 12 that it has closed its bought deal offering (the "Offering") of $100 million of Non-Cumulative Redeemable Class E Preference Shares, Series C (the "Series C Preference Shares") underwritten by a syndicate of underwriters
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UW public panel explores world of quantum information processing science

WATERLOO - Four of the world's leading scholars will explore and explain the intriguing world of quantum information processing science at a University of Waterloo public panel to be held June 20 as part of the month-long Taming the Quantum World conference.
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Open Text to Showcase Leading Life Sciences Solutions at the Drug Information Association (DIA) Meeting in Atlanta

Solutions Built to Address Specific Market Needs; Support Essential Critical Processes for the Compliant Management of All Paper and Electronic Records and Documents

CHICAGO - Open Text(TM) Corporation, the largest independent provider of enterprise content management (ECM) software and solutions, today announced that it will showcase its industry-leading solutions for pharmaceutical and life sciences companies at the 2007 Drug Information Association (DIA) Meeting to be held in Atlanta, Georgia, June 17 - 21 at the Georgia World Congress Center.
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World Bank May Aid Forest Rescue - G8 Supports Project To Preserve Tropics In Bid To Help Climate

“The global effort to stem climate change could soon include paying countries in the tropical belt to not cut down their rain forests, beginning with a World Bank pilot project.
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United States Government Proclaimes June 21 Officially 'Go Skateboarding Day' by U.S. Congress

RANCHO SANTA MARGARITA, Calif.- Throughout history, skateboarders have not been given much recognition, but now they have their own official designated day to go skateboarding! The International Association of Skateboard Companies (IASC) has earned Special Congressional Recognition for their work encouraging young people to get outside and skateboard, and received an official proclamation of June 21 as Go Skateboarding Day.
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Striking Steelworkers to widen dispute

ERIN - Members of the United Steelworkers (USW) on strike against Guardian Building Products are taking their dispute beyond the picket line.
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Conestoga College-Wide Awards Honour Outstanding Students, Alumni, Faculty

Kitchener - As part of the 39th Convocation ceremonies of Conestoga College Institute of Technology and Advanced Learning on June 13-14, President John Tibbits will present the following College-wide achievement honours.
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Egyptian Minister of Communications and Information Technology signs higher education partnerships

Waterloo - Local business leader Shawky Fahel, who is also Vice Chair of Canadian-Arab Business Council, will hosted Dr. Tarek Mohamed Kamel, Minister of Communications and Information Technology,
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Apple Announces New Mac OS X Server Leopard Features

WWDC 2007, SAN FRANCISCO—On June 11 Apple® announced groundbreaking new features of Mac OS® X Server version 10.5 Leopard that make it even easier for users to set up and manage. Scheduled to ship in October, Leopard Server is the most significant improvement to the server operating system since Mac OS X Server was launched, introducing new features such as a wiki server, making it easy to connect groups over a shared intranet;
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HopeSpring hosts free public lecture on Complete Cancer Care

Waterloo – HopeSpring Cancer Support Centre is pleased to host a free public lecture on Complete Cancer Care, Saturday, June 23 from 6:00 to 9:00 p.m. This special evening of information and inspiration will be held at Luther Village on the Park, Sunshine Centre in Waterloo.
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Monday June 11, 2007

U of G Researcher Aims to Curb Compulsive Shopping

Almost everyone has succumbed to the urge of buying on impulse at least once, but a University of Guelph researcher is investigating what makes some of us more addicted to the shopping high than others.
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Manufacturing Suffers Further Job Loss, Latest Stats Show

TORONTO - National employment statistics released today by Statistics Canada continue to paint a disturbing job outlook for the manufacturing sector.
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Laurier to host Academic Council on the United Nations System for another term

WATERLOO – At its annual general meeting in New York on Friday, the Academic Council on the United Nations System (ACUNS) selected Wilfrid Laurier University, in partnership with the Centre for International Governance Innovation (CIGI), to host the ACUNS secretariat for a second five-year term.
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G8 To 'Consider Seriously' 50% Emission Cut By '50

“The G8 leading nations agreed that the world's biggest polluters need to be involved in setting a framework to tackle greenhouse gas emissions and said it will ‘consider seriously’ the idea of a 50 percent cut in emissions by 2050.
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U of G Wins an HP Technology Grant

The University of Guelph is one of four Canadian universities selected to receive a grant from HP Canada to help transform teaching and improve learning through innovative uses of technology.
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ONTARIO GOVERNMENT INVESTING MORE MONEY FOR BETTER HOSPITAL CARE IN WATERLOO REGION

An Additional $24 Million for Local Hospitals for 2007/2008

Kitchener – Residents of Waterloo Region will benefit from improved hospital care thanks to an increase of $24 million in base operating funding this fiscal year for St. Mary’s General Hospital, Grand River Hospital and Cambridge Memorial Hospital John Milloy, MPP, Kitchener Centre announced on behalf of Health and Long-Term Care Minister George Smitherman.
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World Economic Forum to Foster Dialogue and Cooperation at Russia CEO Roundtable

Top CEOs from the World Economic Forum bring the "Spirit of Davos" to St Petersburg

St Petersburg, Russia – Over 150 international CEOs from the World Economic Forum member companies will convene in St Petersburg, Russia for an exclusive World Economic Forum Russia CEO Roundtable which aims to foster dialogue and cooperation between Western and Russian companies.
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GLOBE FOUNDATION NAMES FINALISTS OF 2007 GLOBE AWARDS APPLAUDING ENVIRONMENTAL INNOVATION

Vancouver, B.C. – The GLOBE Foundation of Canada and The Globe and Mail are proud to present the finalists of the 6th annual GLOBE Awards for Environmental Excellence. These prestigious awards are designed to honour Canadian corporations who have successfully combined the demands of the competitive business world with the need for proactive sustainable strategies to benefit their companies, surrounding communities and the greater society.
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Toyota Tsusho Ground Breaking

Mayor Hardings Update

Woodstock - As construction continues on Toyota Motor Manufacturing Canada’s Woodstock plant, there are many other new construction projects going on nearby. These are the sites of many of the suppliers that are creating facilities specifically to meet the needs of TMMC.
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Tapestry Events Woven With Cultural Diversity

KITCHENER - Tapestry: Celebrations of Diversity is set to kick off its fifth year tomorrow. The festival, which celebrates the community's cultural diversity, will run until June 24. The line-up of festivities culminates in the celebration of the 40th anniversary of the KW Multicultural Festival, the keynote event in the series.
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New Housing Price Index increases again

The cost of new housing rose substantially (+0.8%) in April from the previous month. As a result, the New Housing Price Index climbed to 150.5 (1997=100). Compared to 12 months ago, contractors' selling prices were up 8.9%, down slightly from the 9.3% increase recorded in March.
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Alcan plans new world-class facility in China

TAPS NEW MARKET OPPORTUNITIES FOR ITS ALLOY PRODUCTS

ATLANTA, U.S.A. - Alcan Inc. announced today that it plans to build a world-class manufacturing facility in Tianjin, China to provide new innovative alloy cable products to serve the Chinese market.
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Festival brings together the world's experts on caregiving, disability, aging, and technology

Five distinctive international conferences generate solutions to the challenges facing the world's aging populations

TORONTO - The world's leading experts on topics relating to aging, disability, informal caregiving and new technologies are gathering in Toronto for a one-of-a-kind festival.
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Biofuels are benign, but at best a part solution

NEW DELHI - The world, it is said, belongs to those with the most energy. The fact is that energy and persistence are known to alter all things. Consider, for instance, the worldwide move to blend conventional automotive fuels with biofuels.
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Canada's Wireless Telecom Industry Calls For An Open Spectrum Auction

Government Must Ensure A 'Level Playing Field' For All Wireless Carriers

OTTAWA - The Canadian Wireless Telecommunications Association (CWTA) on June 11, 2007 called on the Government of Canada to ensure that the 2008 Advanced Wireless Services (AWS) spectrum auction is open and free of artificial measures.
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Social networking, blogs and gaming sites click with Canadians: Survey

TORONTO - The popularity of social networking and blogging among Canadian Internet users is not limited to teens and young adults, as a new poll by TNS Canadian Facts suggests that a sizeable number of middle-aged surfers are frequenting these types of Web sites.
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Industrial capacity utilization rates First quarter 2007

Canadian industries slightly increased the use of their production capacity during the first quarter of 2007, halting four consecutive quarters of decline.
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Canada's Top Youth Coming to U of G

Two of the young people named among the Top 20 Under 20 by the Globe and Mail have chosen to pursue their post-secondary education at U of G.
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Chinese delegation visits Laurier’s photonics labs

WATERLOO — A high-level delegation of academics and government officials from the Chinese province of Yunnan and the provincial municipality of Chongqing visited Laurier Friday to examine the university’s photonics laboratories and discuss possible linkages.
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Corruption In Schools, Universities Cost Billions: UNESCO

“Corruption and fraud in schools and universities worldwide is costing billions of dollars and compromising the future of youth, a report released by UN Educational, Scientific and Cultural Organization (UNESCO) in Paris says.
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World Economic Forum on Africa: "Raising the Bar" as the African Success Story Continues to Gather Pace

Geneva, Switzerland – More than 700 participants from 42 countries will participate in the 17th annual World Economic Forum on Africa, which will take place next week in Cape Town from 13 to 15 June. Under the theme “Raising the Bar”, the agenda for this year’s meeting will focus on building capacity for success.
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CRTC approves Rogers OMNI Alberta application - New voices for Alberta's Ethnocultural Communities

TORONTO - Earlier today the Canadian Radio-Television and Telecommunications Commission (CRTC) announced that Rogers OMNI Television was the successful applicant for multilingual licences in Alberta serving Calgary and Edmonton.
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Sangoma's A500 BRI Card Supports Asterisk® And Other Open Source Telephony Projects

STOCKHOLM / TORONTO - - Sangoma Technologies Corporation (TSXV: STC), a leading provider of connectivity hardware and software products including VoIP, TDM voice, WANs and Internet infrastructure, has released its new A500 BRI card designed to support the European and global open source telephony markets.
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Volkswagen Rabbit winner of Motoring 2007's "Family car (Under $30,000)"

AJAX, ON - Volkswagen Canada is delighted to announce that the prestigious Canadian television show Motoring 2007 has awarded the Volkswagen Rabbit the title of the best "Family car (Under $30,000)".
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Kaufman Lofts Welcome First Group of Residents

KITCHENER - The Kaufman Lofts welcomed its first group of new residents week of June 4. More than 30 new residential units on the first and second floors of the landmark building, located at 410 King St. W., were permitted for occupancy on June 4 and, according to the developer, five condominium owners moved into their lofts this week, and 13 more have picked up their keys and are expected to move in shortly.
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