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Business, Economics, Entrepreneurs, Environment, Science and Technology
Next Morning Post July 3, 2007 - Happy Canada Day Friday, June 29, 2007
Second Foundation Goes Global with purchase world-wide rights to NaviMeat Software

KITCHENER - Second Foundation is the exclusive North American partner for Navimeat. In an effort to increase penetration into the global meat processing market, Second Foundation has purchased the intellectual property associated with Navimeat software from IBM. The Navimeat solution is designed to support mid-sized and large companies in the meat industry, covering both the slaughtering and the processing side
more...

Research In Motion Reports First Quarter Revenue of fiscal 2008 was $1.082 billion

RIM Prepares To Ship 20 Millionth BlackBerry Handset

Waterloo, ON - Research In Motion Limited (RIM) reported first quarter results for the three months ended June 2, 2007 (all figures in U.S. dollars and U.S. GAAP).
more...

Restaurants, caterers and taverns April 2007

Total estimated sales in the restaurants, caterers and taverns industry reached $3.3 billion in April, a 1.9% increase over April 2006 on a year-over-year basis.
more...

The Class of 2007: Canada's Top Companies and Executives

Balsillie Tops Best Paid according to Report on Business Report.

TORONTO - Report on Business magazine unveils the year's most extensive and anticipated business ranking: The Report on Business Top 1000. The Top 1000 ranks publicly traded Canadian companies by profit and also includes an array of specialized rankings: 50 biggest private companies, 50 biggest income trusts, 50 best-paid executives, investment tables and rankings by industry.
more...

Significant drops in wholesale trade, oil and gas exploration, and motor vehicle manufacturing dampened growth in April 2007

Economic activity remained essentially unchanged in April, after growing 0.3% in March and 0.4% in February. Significant drops in wholesale trade, oil and gas exploration, and motor vehicle manufacturing dampened growth in April. Excluding these declines, the Canadian economy expanded by 0.3%
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BrandIntel Finds Apple iPhone Leading Online Discussion but Consumers Remain Neutral on Intent to Purchase

BrandIntel Report Highlights Consumer Purchasing Intent for Smartphone Market.
BlackBerry will continue to do well if iphone does not resonate with consumers.


TORONTO- BrandIntel released a new study analyzing consumer purchasing intent for leading smartphones by Apple, BlackBerry, Helio, LG, Motorola and Nokia.
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XM to become exclusive satellite radio carrier of NHL

NEW YORK, TORONTO, WASHINGTON, D.C.,- The National Hockey League and XM announced June 28, 2007 that on July 1, XM becomes the exclusive satellite radio home of the NHL.
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Economist Urges WTO-Like Body For Migration

“The World Bank's chief economist for Latin America said that international migration should be regulated with a system of multilateral accords similar to those negotiated under the auspices of the World Trade Organization.
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Desertification Threat To Global Stability-UN Study

“Desertification could drive tens of millions of people from their homes, mainly in sub-Saharan Africa and central Asia, the UN study [Re-thinking Policies to Cope with Desertification] warned on Thursday.
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MAKE Technologies and IBM Canada Ltd. announce a $3.2 million Medicare Legacy System Modernization Project for the Government of New Brunswick

Vancouver, BC and Toronto, Ont. – The initiative will improve the operating efficiency of the department through the implementation of modern computing platforms and capabilities, reduce overall operating costs through the retirement of the old system, and help enable the One Patient One Record (OPOR) strategy, a key component of the Department of Health’s Electronic Health Record initiative.
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Boomers in Mexico - Reporting 'Easy Access' Baby Boomers Rush South to Retire

PUERTO VALLARTA, MEXICO - The US Department of State estimates that out of the approximately four million Americans living overseas, between 600,000 and one million are in Mexico - up from about 200,000 a decade ago.
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Conestoga College Retail Florist Students Win Toronto Competition Prizes

Waterloo Region - The students in Conestoga*s Retail Florist program continue to earn praise and prizes for their imagination, creativity and technical excellence.
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National tourism indicators First quarter 2007 11 consecutive Advance led by Backyard Tourist

Tourism spending by non-residents slipped 0.4%, for a cumulative decrease of 13% since the end of 2004.

Tourism spending in Canada increased during the first three months of 2007, the 15th consecutive quarterly increase.
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More Than Half Of Humanity Will Live In Cities By Next Year, UN Report Says

“By next year, more than half the world's population, or about 3.3 billion people, will live in towns and cities, a number expected to swell to almost 5 billion by 2030, according to a UN Population Fund (UNFPA) report released Wednesday.
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New study: Significant regional differences in employee health

Quebeckers seek more help for stress, Albertans for addiction and Maritimers for credit and gambling issues and Toronto is more depressed than Montreal

CALGARY - A new study by Shepell-fgi has found the health of Canadians is as diverse as the economic and social makeup of the nation. The latest study by the Shepell-fgi Research Group examines Employee Assistance Programs accessed by 150,000 Canadians in over 1000 companies between 2003-2006.
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EU To Encourage Skilled Africans To Return Home To Aid Development

“The European Union wants to encourage skilled Africans to return home, saying their countries need them to develop their own economies, the European Commission said Wednesday.
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Former British Prime Minister Tony Blair Is Joining the Foundation Board of the World Economic Forum

Geneva, Switzerland – The former British Prime Minister Tony Blair is joining the Foundation Board of the World Economic Forum. The Forum, based in Geneva, Switzerland, is a foundation under the supervision of the Swiss government; the Foundation Board is its highest governance body.
more...

C
hina seen facing feedstock shortages for ethanol
By Niu Shuping

BEIJING - China is likely to face raw material shortages for an increasing number of ethanol plants until the technology matures to enable conversion of agricultural waste into biofuel.
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Canada's New Government reiterates its commitment to passenger protect

OTTAWA - The Honourable Lawrence Cannon, Minister of Transport, Infrastructure and Communities, today reiterated Canada's New Government's commitment to aviation security, specifically to the Passenger Protect program.
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Thursday, June 28, 2007

CHRISTIE CELEBRATES MORE THAN 3000 DIGITAL CINEMA INSTALLATIONS WORLDWIDE

With 79.6% Worldwide Market Share, Christie Maintains its Position as a Global Market Leader in Digital Cinema

CINEMA EXPO INTERNATIONAL/Amsterdam – Christie, a global leader in visual solutions for entertainment, business and industry, announced that it has installed more than 3,000 Digital Cinema systems worldwide, the first manufacturer to reach this important milestone.
more...

Relinquishing Work Duties Difficult for Vacationing Executives, Survey Shows

TORONTO - Vacationing creative executives may be spending more time looking at laptops than landmarks, a new survey suggests. Nearly half (47 per cent) of advertising and marketing executives said they check in at least daily while away from the office; only 13 per cent of respondents said they never attend to business matters when taking time off.
more...

Ottawa's Canada Day Celebration Shaped by Politics, Says Guelph Prof

As people gear up to wave the Canadian flag, watch fireworks and take in the musical celebration on Parliament Hill, many will be unaware of the huge role politics has played in the annual Canada Day show.
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Corel GPS Program Creates New Opportunities for the Channel

Expanded Product Portfolio and New Sales Certification Program Help Partners Harness Opportunities in Fast Growing Digital Media Market

OTTAWA - Corel Corporation, a leading developer of graphics, productivity and digital media software, today announced the launch of Corel GPS, a new channel program designed to help partners maximize sales opportunities with Corel's expanded software portfolio.
more...

IMF Joins Call For Sovereign Funds Scrutiny

“The International Monetary Fund has joined calls for greater scrutiny of state-controlled sovereign wealth funds, which it said lacked transparency and could pose risks to financial stability.
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Gore Mutual Insurance Company and Policy Works to Exchange Commercial Lines Data Electronically

CAMBRIDGE - Gore Mutual Insurance Company is pleased to announce that they have joined Policy Works Inc.'s Certified Data-Exchange Partner Program, in order to deliver a broker management system integration solution with Gore Mutual's GoBroker(TM) technology.
more...

WestJet announces year-round daily service to Calgary from the Region of Waterloo International Airport (YKF)

Waterloo Region – Thanks to strong community support, WestJet, Canada’s leading low-cost airline, announced today that it will expand its daily non-stop seasonal service to Calgary from the Region of Waterloo International Airport (YKF) to year round operation.
more...


ST. LOUIS BAR AND GRILL IS REBRANDED AND REJUVENATED

Toronto & Waterloo - St. Louis Bar and Grill no longer stands in the wings as they undergo an extensive rebranding effort. The latest portfolio includes a revamped interior and exterior store design by Mayhew.
more...

City of Kitchener Wins Several 2007 Hermes Awards for Communications, Marketing and Graphic Design

KITCHENER - Winners of the 2007 Hermes Awards for communications and marketing professionals around the world have just been announced and the City of Kitchener has received four awards in total: two gold and two platinum - plus an honourable mention.
more...

Prices Charged by Manufactures Decline May 2007

Statscan - Influenced by the strength of the Canadian dollar, prices for manufactured products declined in May after six consecutive monthly increases. Crude oil pushed down prices for raw materials.
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Osprey Media announces offer from Black Press

TORONTO - Osprey Media Income Fund announced today that it has received a definitive offer (the "Black Press Offer") from Black Press Ltd. to acquire all of the outstanding units of Osprey Media at a price of $8.25 in cash for each unit of Osprey Media.
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Canada Day celebrations at UW feature Ron Sexsmith, Franklin the Turtle

WATERLOO - Ron Sexsmith, 2005 Juno Award winner for songwriter of the year, and Franklin the Turtle will be among the big attractions as the University of Waterloo celebrates its 50th anniversary with its best Canada Day celebration.
more...

Inflation-Ravaged Zimbabwe Orders Prices Slashed

“President Robert Mugabe's government has ordered prices of basic goods and services to be slashed to protect Zimbabweans battling with the world's highest inflation rate, official media reported on Tuesday.
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OECD Sees Migration Rise By 10 Percent

“Migration into Organization for Economic Cooperation and Development (OECD) countries rose by 10 percent in 2005, according to the body's latest report.
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Mitel Sues ShoreTel for Patent Infringement

Four Mitel U.S. Patents Asserted

OTTAWA - Mitel Networks Corporation, the trusted innovator in unified IP communications solutions and applications, today announced that it has filed a lawsuit against ShoreTel Inc. in the U.S. District Court for the Eastern District of Texas, alleging infringement of four Mitel(R) patents - U.S. Patent Nos. 5,940,834, 5,703,942, 5,541,983, and 5,657,446.
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Safer boating standards set by Canada's New Government

OTTAWA - The Honourable Lawrence Cannon, Minister of Transport, Infrastructure and Communities, today announced changes to the Competency of Operators of Pleasure Craft Regulations, which now set higher standards for boating safety testing.
more...

Canadian Idol Top 18 Revealed as Three Toronto Competitors and One Quebec Singer are Voted Out

- Top 18 have option to compete with instruments next week for first time in North America -

Toronto - Half of Toronto's Canadian Idol competitors were eliminated tonight when Christine Hanlon (21), Derek Hoffman (17) and Justyn Wesley (22) received the fewest votes after performance shows on Monday and Tuesday.
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Wednesday June 27, 2007

The Canadian Manufacturing Hall of Fame (CMHOF) announced its 2007 inductees

Linamar Founder Frank Hasenfratz Inducted with host of other great contributors

WINDSOR, ON - The Canadian Manufacturing Hall of Fame (CMHOF) announced its 2007 inductees.
The vision and tenacity of these giants in industry have helped shape Canada's economy and their induction into the CMHOF will serve as a permanent testimony to future generations of their outstanding contributions.
more...

Study: A review of retail trade in the provinces 2006

Canada's retailers had their busiest year in nearly a decade in 2006, and it was consumers in the three westernmost provinces who increased their spending the most, according to a new study.
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Accellos, Inc. and the RFID Consortium Members Announce the Successful Development of RFID Capabilities within Accellos Enterprise 3PL

TORONTO, ONT. And COLORADO SPRINGS, CO – Accellos, Inc., a global provider of warehouse, 3PL, logistics, transportation and mobile fleet management solutions, announced the completion of their RFID consortium initiative, which addresses the emerging RFID requirements of the third-party logistics (3PL) market in the freezer, cooler and dry warehousing environments.
more...

Film, television and video post-production 2005

Total revenues in the film, television and video post-production industry increased in 2005 compared to the previous year, but an even larger gain in expenses held profits in check.
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Manulife Financial signs agreement to acquire Berkshire-TWC Financial Group Inc.

Purchase will significantly expand Manulife wealth management business in Canada

TORONTO - Manulife Financial Corporation and Berkshire-TWC Financial Group Inc. today announced that, subject to regulatory approvals, Manulife will acquire Berkshire's mutual fund and securities dealerships in Canada, consisting of more than 700 Advisors and 237 branches across Canada.
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ADB Considers Boosting Clean Energy Program To $1 Billion Annually

"The Asian Development Bank (ADB) said Tuesday it was planning to boost its clean energy program to $1 billion annually amid warnings Asia's contribution to green gas emissions could get worse.
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Interval Training Burns More Fat, Increases Fitness, University of Guelph Study Finds

Guelph - Interval training burns fat and improves fitness more quickly than constant but moderately intensive physical activity, according to research by a University of Guelph researcher.
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CFIB says Ag Ministers must develop farmer-friendly policies

REGINA - Canadian farmers want governments to introduce policies that are relevant and useful to the agriculture sector, particularly primary producers, according to the latest research by the Canadian Federation of Independent Business (CFIB).
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Family Time, Fireworks and Summer Fun on VIA Rail Canada

Children Under 12 Travel Free to Canada's Most Exciting Summer Festivals and Special Events

MONTREAL - Canada takes summer seriously - as in serious celebration. With fireworks, marching bands, and festivals for music lovers, performance art fans and of course, the kiddies.
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Moscow backs Greenpeace plan to identify GM foods
By James Kilner

MOSCOW - Moscow next week introduces a city-wide label to identify GM-free foods, a move ecologists hail as ground-breaking but which foreign producers say is complex and costly.
more...

Hydro One honoured as one of Canada's Top 50 Corporate Citizens: Third ranked utility in Canada

TORONTO - Hydro One has been recognized by Corporate Knights magazine as one of Canada's Top 50 corporate citizens.
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"Top Intelligent Community" woos tech expats

Waterloo Region invites Canadian techies living in the Valley to return home

Waterloo Region - On June 30, an entourage from Waterloo Region, Ontario Canada, will participate in the Digital Moose Lounge's 8th annual Canada Day family picnic in Huddart County Park in Woodside, California. The Waterloo area was recently awarded Top Intelligent Community of the Year, prestigious recognition in a worldwide competition conducted by New York's Intelligent Communities Forum.
more...

Toronto organizations resign from official committee for waterfront power plant

TORONTO - On June 26, 2007 community organizations resigned and walked away from a committee mandated by Ontario's Ministry of Energy for Toronto's waterfront power plant.
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Canadians Staying Close to Home for Summer Vacations, According to Scotiabank Study

Three-year Trend Suggests Canadians Continue to Support the Local Tourism Industry

TORONTO - One-half of Canadians are planning to take a vacation this summer with Canada as the destination of choice, according to Scotiabank's third-annual study on Canadians' summer travel intentions.
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Building Ontario's Culture of Innovation

Supporting Phase Two Of MaRS Discovery District Creates Opportunities For Ontarians

TORONTO - The expansion of the MaRS Discovery District will continue to build Ontario's culture of innovation, Premier Dalton McGuinty said June 26, 2007.
more...

Dr. Leo Groarke appointed principal/vice-president of Laurier Brantford

BRANTFORD — The Board of Governors of Wilfrid Laurier University has approved the appointment of Dr. Leo Groarke as the first principal/vice-president of the university’s Brantford campus.
more...

China Launches $1 Billion African Trade And Investment Fund

"China launched a $1 billion fund Tuesday to finance trade and investment by Chinese companies in Africa as part of efforts to nurture commercial ties with the resource-rich continent. The fund is part of Chinese aid and loans to Africa promised by President Hu Jintao at a November meeting with dozens of African leaders in Beijing. ..." [The Associated Press/Factiva]
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Canada's Corporate Tax Rate Among the World's Highest, but our GST Rate is Relatively Low, says KPMG's Annual Tax Rate Survey

TORONTO - The lowest corporate taxes among the developed economies are still to be found in the countries of the European Union, KPMG International's latest global corporate tax rate survey has found. Canada, however, stands out as having one of the highest corporate tax rates in the world.
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Fight Against Drugs Paying Off But More Efforts Needed: UN Report

"Efforts to eradicate the world's drug problem are paying off as cultivation, production and abuses appear to have stabilized worldwide, the UN said in its 2007 World Drug Report published Monday.
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JESSICA’S TINY FOOTPRINT LEAVES BIG SHOES TO FILL

Guelph, ON - A local Guelph family is preparing for their second annual fundraiser in support of research for Pediatric Brain Cancer in honour of the memory of their own one year old daughter’s valiant struggle with the disease. The second annual “Jessica’s Footprint – A Walk in the Park” takes place Saturday, July 14th , 2007 in Guelph at the York Road footbridge from 9-noon.
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SANGOMA TECHNOLOGIES RECEIVES NATIONAL TELECOM CERTIFICATION IN SOUTH AFRICA

TORONTO - Sangoma Technologies Corporation, a leading provider of connectivity hardware and software products including VoIP, TDM voice, WANs and Internet infrastructure, has received type approval and licensing from The Independent Communication Authority of South Africa for Sangoma's award-winning Advanced Flexible Telecommunications (AFT) series of digital hardware.
more...

Bruce Power New Build Project Referred to a Public Review Panel

OTTAWA - The Honourable John Baird, Minister of the Environment and Minister responsible for the Canadian Environmental Assessment Agency (the Agency), announced June 26, 2007 the referral of the Bruce Power New Build project for an environmental assessment by a review panel.
more...

Circumference Appoints David Quinn as Vice President of Business Development

OTTAWA - Circumference Technology Services, Inc. (Circumference), the trusted vendor for on-demand contact center technology and related services, is pleased to announce the appointment of David Quinn to the position of Vice President of Business Development.
more...

ATS files preliminary prospectus for rights offering and annual information form

CAMBRIDGE, ON - ATS Automation Tooling Systems Inc. today announced that it has filed a preliminary short form prospectus in connection with a distribution to its shareholders of rights exercisable to subscribe for common shares of the Company (the "Rights Offering"). The Rights Offering is subject to receipt of all regulatory approvals, including the approval of the Toronto Stock Exchange.
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Apple and AT&T Announce iTunes Activation and Sync for iPhone

Already Familiar to Tens of Millions of iPod Users

CUPERTINO, California and ATLANTA—Apple® and AT&T Inc. announced June 26 that iPhone™ users will be able to activate their new iPhones using Apple’s popular iTunes® software running on a PC or Mac® computer in the comfort and privacy of their own home or office, without having to wait in a store while their phone is activated.
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Tuesday June 26, 2007

$100 million initiative in Waterloo for social sciences largest ever in Canada

Philanthropist Jim Balsillie and key partners creating capacity in international affairs

Waterloo, ON –A $100 million initiative in the social sciences – the largest in Canadian history – was announced today at a press conference in Waterloo. Jim Balsillie has personally donated $50 million towards the creation of the Balsillie School of International Affairs, and to the Centre for International Governance Innovation (CIGI).
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Laurier to play key role in new Balsillie School of International Affairs

WATERLOO — Wilfrid Laurier University will play a prominent role in a $100-million initiative to make Waterloo a centre for international public policy and global governance research.
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Kitchener Launches Public Consultations on Centre Block Redevelopment

KITCHENER - The six-week public consultation process around the Centre Block redevelopment proposal was officially launched at Monday June 25 City Council meeting.
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2007 Best 50 Corporate Citizens in Canada Announced: Royal Bank of Canada Takes Top Spot

Toronto - Corporate Knights released the 6th Annual Best 50 Corporate Citizens in Canada, the definitive annual list of Canada's top corporate citizens, today at a Gala event held at the Four Seasons Hotel in Toronto.
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Open Text Releases FirstClass Collaboration Suite 9.0

New Archiving Capabilities Enable Customers to Comply with Regulatory Guidelines for the Storage and Retrieval of E-mail Messages

NATIONAL EDUCATION COMPUTING CONFERENCE, ATLANTA & WATERLOO - Open Text(TM) Corp. the largest independent provider of enterprise content management (ECM) software and solutions, today announced at the National Education Computing Conference (NECC) the release of FirstClass Collaboration Suite 9.0, the latest version of its integrated communications and collaboration software for learning organizations and businesses.
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New Taxation Measures Report considered by the Toronto Executive Committee

TORONTO - On June 25 the City of Toronto's Executive Committee considered a report on the possible new taxation measures available under the City of Toronto Act directed to maintain and improve the City's essential programs and services that are vital for a prosperous Toronto.
more...

Telmar's Patent-Pending ReSearch Guru Simplifies Media Research

Key Word Search Tool Simplifies Media Analysis for Non-Specialists

NEW YORK, NY - Telmar, the world's leading provider of media planning software, today announced the introduction of its new proprietary web-based search tool named ReSearch Guru(SM)
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Premier Food retailer Waitrose selects Quintiq for transport optimisation

Bracknell, Den Bosch, UK - Food retailer Waitrose has selected the Quintiq Advanced Planning and Scheduling Suite for its TOPS project (Transport Optimisation Planning System).
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Ontario Government Invests in Skills Training Centres

Modernizing Union-Employer Training Centres For Up-to-date Training

OAKVILLE, ON - The Ontario government is helping to train more apprentices and skilled workers by modernizing equipment at union-employer training centres, Chris Bentley, Minister of Training, Colleges and Universities, and Kevin Flynn, MPP Oakville, announced today while attending the grand opening of the new Ontario Sheet Metal Workers Training Centre.
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City of Toronto Proposes Additional Land Transfer Tax, Top Rate Now Highest in North America

TORONTO - Toronto's Executive Committee of City Council is considering implementing a land transfer tax that would make Toronto another high tax leader.
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Global metals M&A value doubles as consolidation continues

Toronto—Deal activity in the global metals industry is soaring to new highs according to ‘Forging Ahead’, the third annual report on global metals mergers and acquisitions by PricewaterhouseCoopers (PwC). The collective value of deals which took place in 2006 was $77.4 billion, more than double the $34.9 billion of the previous year.
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Prof Uses Museum Samples To Reveal History of Seabird's Diet

Using feathers from museum collections all over the world, a University of Guelph integrative biology professor has tested a new hypothesis about what led to population decline of a species of seabirds in Canada.
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Nanotechnology: consumers must be convinced benefits outweigh risks

Washington - “There is no doubt that nanotechnology has the potential to make the world a better place,” said Project on Emerging Nanotechnologies Chief Scientist Andrew Maynard. “But if consumers and other stakeholders are not convinced that the benefits outweigh the risks, many applications will not see the light of day.
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MEC announces next new 'green' store in Burlington, Ontario

VANCOUVER - Mountain Equipment Co-op(TM) (MEC), Canada's leading outdoor retailer, will open its next new store in Burlington, Ontario, in 2008. Located just south of the Queen Elizabeth Way near the Burlington GO Station at the intersection of Brant Street and Leighland Road, the store will enable the co-operative retailer to better serve its large and growing membership in southwestern Ontario.
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Ontario Government Invests $2 Million To Combat Crystal Methamphetamine Operations

Targeting Guns And Gangs, Organized Crime And Illegal Drugs

STRATFORD, ON - The Ontario government is investing $2 million to help Ontario communities combat the production, trafficking and use of crystal methamphetamine, Community Safety and Correctional Services Minister Monte Kwinter announced June 25, 2007.
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GolfNorth Properties Expands to 15 Courses with the Acquisition of Mystic Golf Club

WATERLOO – The future is looking bright for Mystic Golf Club. GolfNorth Properties Inc. of Waterloo is pleased to announce that it is the new owner of Mystic Golf Club in Ancaster.
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Prosperity Studios Calls Socially-Conscious Billionaires to Act Immediately

WASHINGTON, DC- - Ambassador Hope, Chair of Prosperity Studios, Inc., the private sector partner who wrote the plan, built the technology, and raised the funding, has united Wall Street, Silicon Valley, Hollywood and Capital Hill to support The President's Legacy - Hope on AFRICA is calling socially-conscious billionaires from around the world to act this week.
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Technology Industry Veteran Joins Descartes Board

WATERLOO - Descartes Systems Group announced that Michael Cardiff has been appointed to Descartes' board of directors.
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Singapore Senior Minister: "Good Leadership Is Critical"

2007 World Economic Forum on East Asia Closes

Singapore – Good leadership is critical to achieving strong economic growth, Goh Chok Tong, Singapore’s Senior Minister, told participants at the closing session of the 16th World Economic Forum on East Asia. “If you don’t have a government that understands the importance of macroeconomic policies, investment in education, and how to manage socioeconomic divisions in a country, it would be difficult for an economy to thrive,” Goh said.
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Moving Business Forward speakers to focus on Leadership in Guelph Ontario

Guelph – A compelling lineup of high profile speakers will share their insights on leadership at the Moving Business Forward conference this fall. This second annual event will be held at Guelph’s River Run Centre on November 13, 2007.
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Financial Services’ Transformation Explored in Technology and Innovation in Financial Services: Scenarios to 2020 in New Report from the World Economic Forum

Three scenarios explore how globalization and innovation will reshape the financial services sector over the coming years

Singapore – The pace of technology-led innovation and globalization is fundamentally changing the financial services landscape. Today, on the occasion of the World Economic Forum on East Asia in Singapore , the Forum launched its latest scenario report, aimed at exploring how these accelerating forces will transform the financial services sector through 2020.
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Payroll employment, earnings increase in April 2007

In April, the average weekly earnings of payroll employees (seasonally adjusted) increased $1.68 (+0.2%) to $765.36 from March. The year-to-date growth is 3.0%. This rate of change is calculated as the average weekly earnings of the first four months of 2007 compared to the average of the same four months in 2006.
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U.S. is creating 3 centers for research on biofuels
By Matthew L. Wald

WASHINGTON - The Energy Department is creating three bioenergy research centers to find new ways to turn plants into fuel.
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Actuaries Release 10-Point Prescription For Canada's Ailing Pension System

TORONTO - Canada's actuaries are calling for bold public policy measures and strong leadership by plan sponsors and members to reverse the steady decline in defined benefit pension plans and to protect the financial security of millions of Canadians when they retire.
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Community Living Guelph Wellington ready to force workers off the job

GUELPH - Community Living Guelph Wellington has started the clock ticking toward a lockout of more than 350 front line developmental services workers represented by the Canadian Union of Public Employees.
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Life's Not a Beach at Work

As the mercury rises, the majority of Canadian employees say beach wear too hot for the office, a new Monster.ca poll reveals

TORONTO - Roughly half of Canadians say flip-flops, tank tops, shorts and Capri pants are inappropriate for the office, with flip-flops topping the list, according to a new poll by Monster.ca.
more...

Radio listening in Decline as Listeners switch to more personal choices

Canadians devoted less time listening to their radios as a form of entertainment in 2006 than in previous years, especially teenagers and young adults, many of whom appear to be switching to digital music players and online music services.
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Monday June 25, 2007

Complacency May Be Asia’s Greatest Risk

Singapore – With Asia enjoying the kind of economic growth and investment it hasn’t seen in a decade, the greatest risk to its stability and prosperity may be simple complacency – complacency over growing financial pressures, over the growing cost of climate change, and over the potentially explosive results of yawning income disparities across the region.
more...

Construction starts on berm and new waterfront park
Major milestone in development of first new waterfront neighbourhood


TORONTO - Federal Environment Minister John Baird, Ontario Minister of Public Infrastructure Renewal David Caplan and Toronto Mayor David Miller today launched the start of construction of both a flood protection berm and the Don River Park in the West Don Lands, the first new community to be developed as part of waterfront revitalization.
more...

Province Gives Boost To Great Ontario Salmon Derby

Funding To Help Reel In More Visitors To Ontario

TORONTO - With participation exceeding 25,000, the Great Ontario Salmon Derby has become the world's largest freshwater fishing derby, and the Ontario government is providing $50,000 to attract even more anglers and spectators, Jim Bradley, Minister of Tourism announced June 24.
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Sun Life Financial maintains its interest in CI Financial Income Fund

TORONTO - Sun Life Financial Inc. announced that it has acquired 2,300,000 trust units of CI Financial Income Fund ("CI"), representing approximately 1.65% of those outstanding.
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Seagate Unveils One Terabyte Hard Drives as Explosive Growth of Digital Content Continues

SCOTTS VALLEY, Calif. - Seagate announced 1 terabyte (TB) hard drives that deliver an industry-leading combination of capacity, performance and reliability for a wide range of enterprise and desktop PC applications as rampant growth of digital content continues worldwide.
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US Senate Passes Anti-Consumer Energy Bill

Higher Prices, Less Power for the People

Washington, D.C., June 22, 2007—The Senate last night passed anti-energy legislation that will, if enacted, increase prices for consumers on an array of goods, including gasoline, automobiles and food, while doing nothing to increase supplies of affordable energy.
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Emerging Market Countries Becoming Big Investors Elsewhere: OECD

Brazil - "Companies from emerging market countries such as China and Brazil invested a record $115 billion in cross-border transactions last year, half of which flowed to western industrialized powers, the Organization for Economic Cooperation and Development (OECD) reported Thursday.
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New Chemistry Chair Appointed

The University has appointed Adrian Schwan as the next chair of the Department of Chemistry. His five-year term begins July 1, 2007.
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U of G Study Aimed at Creating Local Food System

Grocery stores have organic, vegetarian and vegan sections, so why not a locally grown section?

Guelph - U of G researchers are embarking on a one-year study aimed at breaking down barriers standing in the way of establishing a local food system. This project could ultimately lead to shoppers having the convenience of going to any local grocery chain and buying from a section solely dedicated to food produced in Guelph and Wellington County.
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Global News and CH News win national Radio-Television News Directors Awards

Global BC chosen as Canada's Best Newscast
Global Winnipeg wins Best Long Feature and CHBC Kelowna picks up award for Best Short Feature

VANCOUVER - CanWest MediaWorks is pleased to announce that Global and CH News have won several national 2007 Radio-Television News Directors Association of Canada (RTNDA) Awards, including a major victory by Global BC with judges choosing them as Canada's Best Newscast.
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Canada's Trade Deficit Culture Goods Widens

Canada's imports and exports of culture goods declined in 2006. The trade deficit widened to its largest level since 1999, as imports, especially from Canada's largest trading partners – the United States and China – continued to surpass exports.
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Treasury Aide Warns Of Sovereign Wealth Funds Risk

"Rapidly growing investment funds run by countries with large trade surpluses could pose a risk to financial market stability, a top US Treasury official said on Thursday.
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Singapore's Recommendations to Foster Innovation and Competitiveness

Singapore – Sharing Singapore’s recipe for always being ranked highly for competitiveness, Lim Siong-Guan, Chairman, Singapore Economic Development Board, recommended a heavy dose of “LSD” or “Lead, Speed and Differentiation” to encourage innovation in Asia.
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Grants totaling $78,315 awarded by Region of Waterloo Arts Fund

Support for Judy Chicago show at Waterloo’s Canadian Clay and Glass Gallery --
Rock the Mill festival in Cambridge celebrating its 10th year --
Helping CAFKA-TV get on the air

KITCHENER – The Region of Waterloo Arts Fund announces that it has made grants totaling $78,315 to artists and arts organizations, in response to proposals submitted for its spring 2007 deadline. Grants made this round include support to the Canadian Clay and Glass Gallery for the “Judy Chicago:
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Better biofuel uses best of both worlds
By Maryke Steffens

Researchers have made a new type of biofuel with more energy than ethanol, and which can be produced more quickly and efficiently than other biofuels.
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Natural Spaces Program Protects Heritage Lands in Durham Region

TORONTO - The Honourable Lincoln M. Alexander, Chairman of the Ontario Heritage Trust, David Ramsay, Minister of Natural Resources, and Caroline Di Cocco, Minister of Culture, announced two property acquisitions in Durham Region under Ontario's Natural Spaces Program.
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Segregated funds and principal protected funds offer security.
Malcolm Morrison - CP

It's a no-brainer that investors want to protect their capital but it's not easy to balance that goal with making money – the reason you have investments in the first place.
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Study: Trade and the industrial specialization of Canadian manufacturing regions 1974 to 1999

Canada's manufacturing sector more than doubled its level of export intensity – that is, exports as a proportion of total manufacturing output – between 1974 and 1999.
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