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May 2006 |
Quarterly financial statistics for enterprises First quarter 2006 Manufacturing shows some strength
Canadian corporate operating profits declined 2.6% to $56.1 billion in the first quarter of 2006, following five straight quarters of growth. Nevertheless, first quarter profits were the second strongest ever, surpassed only by the record high of $57.6 billion earned in the fourth quarter of 2005. Oil and natural gas export prices weakened in the first quarter, reducing profits in the oil and gas sector. A string of price increases had fueled a run-up in oil and gas profits over the past several quarters, a major factor in the recent overall profit growth.
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March April 2006
January February 2006
November December 2005
October 2005
September 2005
July August 2005
June 2005
May 2005
March April 2005
January February 2005 |
| Canadian Govt announces C$18.6 million in funding for world-class Genome Canada research facilities
Six science and technology platforms across Canada will receive more than $18.6 million in funding from Genome Canada over the next 15 months. The platforms provide the tools and expertise to analyze genomes in various ways and include services such as DNA sequencing, mapping, genotyping, microarrays, genetic analysis, proteomics and bioinformatics.
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ATS reports fourth quarter results; Announces developments in solar business
CAMBRIDGE - On May 24 ATS Automation Tooling Systems Inc. reported its financial results for the three months ended March 31, 2006.
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Galt Country Club Celebrates 100th Anniversary in 2006
CAMBRIDGE, ON – Waterloo Region’s oldest golf club will mark another milestone in its storied history as it celebrates its Centennial throughout 2006. From its humble beginnings as a private nine-hole golf club in 1906, serving the residents of the former towns of Galt, Preston, Hespeler, Berlin and Waterloo, through its expansion to 18 holes in 1930, the Galt Country Club has quietly developed a strong tradition as one of the premier private clubs in Southwestern Ontario.
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Census 2004 family income
For the second year in a row, couple families in Oshawa had the highest median total family income among all census metropolitan areas. The median is the point where half of the families' incomes are higher and half are lower.
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Key Findings Released from UV, Vitamin D and Health Conference
TORONTO - National health groups announced May 25, key findings from the first North American conference on UV, Vitamin D and Health, which took place in Toronto in March. The groups also identified areas where more research is needed about this topic.
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CMA designation the preferred employer choice for mid and senior financial management positions: EKOS survey
MISSISSAUGA - Professionals who have the Certified Management Accountant designation (CMA) are now the preferred choice nationally for employers who have an accountant on staff when hiring for mid- to senior-level financial management positions.
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www.strongontario.ca - New Website Informs Ontarians On Fight For Fairness
QUEEN'S PARK - Ontario Premier Dalton McGuinty today launched the new strongontario.ca website to keep Ontarians informed about the need for Ontario to get its fair share of the money it sends to Ottawa. "Ontario families have a right to expect that a fair share of their tax dollars will come back to Ontario, but right now that's not happening," says Premier Dalton McGuinty. "We want to make sure that Ontarians know about the need for fair federal funding and we want to give them a chance to have their say."
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Ontario Government To Establish Inter-Provincial Agreement To Fight Organized Crime
TORONTO - The Ontario government is in the process of entering into an inter-provincial agreement with Manitoba and Quebec to better combat organized crime, Ontario Attorney General Michael Bryant announced May 25. "In Ontario, the best response to organized crime is organized justice," Bryant said. "This agreement will demonstrate our shared will to fight organized crime and ensure well-resourced criminals cannot exploit potential divisions between provincial jurisdictions."
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Government of Canada Supports Mariposa Folk Foundation
ORILLIA - On behalf of Beverley J. Oda, Minister of Canadian Heritage and Status of Women, Bruce Stanton, Member of Parliament (Simcoe North), today announced $28,000 in funding for the Mariposa Folk Foundation's Folk Festival and Concert Series project.
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BASF drops plan to test GM potatoes in Ireland
DUBLIN, Rueters - German chemicals firm BASF has decided against planting genetically modified potato crops in Ireland this year, the country's Environmental Protection Agency (EPA) said on Wednesday May 24.
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Message from the Mayor-Welcome to North America Stainless
Mayor Kate Quarrie is pleased to welcome North America Stainless Canada Inc. (NAS) to Guelph with the opening here of their newly constructed facility. "North American Stainless is an exceptional community partner and their operation will provide many new employment opportunities for the city of Guelph, "Mayor Quarrie said. "I wish them every success in our city."
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UW museum exhibits Animal Games
WATERLOO - The Elliott Avedon Museum and Archive of Games at the University of Waterloo has just opened a new exhibition for animal lovers who like to play games. Animal Games features card games, board games, puzzles and children's games -- all based on animal themes. Visitors can discover new games and gain hands-on experience with them.
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REALLY BIG BUCKS - JAMES SIMONS LEADS ALPHA MAGAZINE’S RANKING OF THE WORLD’S 25 HIGHEST-PAID HEDGE FUND MANAGERS IN 2005
NEW YORK – James Simons of East Setauket, New York-based Renaissance Technologies Corp. earned an estimated $1.5 billion in 2005, making him No. 1 in the latest ranking by Institutional Investor’s Alpha magazine of the world’s most highly paid hedge fund managers. A year ago Edward Lampert of ESL Investments made headlines when he cracked the $1 billion mark
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| On Last Africa Stop, Bono Pledges Fight Over Trade
"On the last stop of a six-nation African tour, Bono said on Wednesday there was a new mood of optimism on the continent and new entrepreneurs were emerging, but farm subsidies and other trade barriers in large markets like the United States and Europe were blocking progress" reports The Washington Post.
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Young Newspaper Readers: Social Activists, Party Animals... or Both? - D-Code Survey Shatters Common Myths about Youth Readership
HALIFAX - Young Canadians who are frequent readers of newspapers are also more likely to vote in elections, volunteer time in community service, and be more socially active than less frequent readers, according to a ground-breaking national survey to be presented tomorrow in Halifax at the annual conference of the Canadian Newspaper Association (CNA).
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Secrets of Waterloo Region's high-growth tech sector revealed at Regional Innovation Networks conference
Waterloo Region - As leaders of North America's innovation communities converge in Waterloo Region to participate in a Regional Innovation Networks conference, the release of a Communitech's State of the Industry Report provides proof positive Waterloo Region is a tier 1 tech cluster to watch.
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Workers At AGS Automotive In Oshawa Ratify New Agreement
TORONTO - Workers at AGS Automotive Systems in Oshawa, Ontario have voted overwhelmingly today in favour of a new three-year agreement, bringing to an end a difficult and emotional dispute at the auto parts facility.
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Sara Angel appointed to position of editor-in-chief at Chatelaine
TORONTO - One of Canada's most accomplished publishing professionals has been appointed to the position of editor-in-chief at Chatelaine. Sara Angel will join Canada's leading women's magazine on June 1. The announcement was made earlier today by Kerry Mitchell, publisher and vice-president of Rogers Consumer Publishing, the owner of Chatelaine.
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Thursday May 25, 2006
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Retail Council of Canada Names Canadian Retail Hall of Fame Inductees: George Heller of Hbc and Harry Rosen of Harry Rosen Inc.
TORONTO - Retail Council of Canada (RCC) announced May 24 that Elmira's George Heller, Senior Director of Hudson's Bay Company (Hbc) and Toronto's Harry Rosen of Harry Rosen Inc., will be the 2006 inductees into the Canadian Retail Education Hall of Fame. Mr. Heller and Mr. Rosen were nominated and selected by a distinguished panel of current and former retail executives, as well as representatives from the financial, academic and consulting communities.
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| Official opening of The Bridges project
CAMBRIDGE - The Government of Canada, the Government of Ontario, the Region of Waterloo, the City of Cambridge and Making Room Community Support for the Homeless Inc. on May 24 celebrated the official opening of The Bridges, a unique and innovative affordable housing and shelter project that creates a 40 bed shelter, plus 3 family shelter units and 20 units of affordable housing for homeless people in Cambridge under the Canada-Ontario Affordable Housing Program.
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Go To Exchange Magazine for Business Making A Difference article on The Bridges
Top Ontario Teachers to Ponder Curriculum at Perimeter Institute in Waterloo
TORONTO - Perimeter Institute for Theoretical Physics is hosting an important gathering of Ontario's top physics teachers for a three-day conference examining science education, teaching methods and the transformative potential of modern physics.
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Leading indicators for April 2006
The composite leading indicator continued to rise, up 0.5% in April after a 0.6% gain in March. Consumer spending took the lead in growth, as the burst of demand in the stock and housing markets early in the year moderated in the spring. Stronger sales of durable goods offset a sharp downturn in the housing component. Both housing starts and house sales returned to more normal levels, after exceptional gains during the period of mild weather at the start of the year.
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Laurier to award five honorary degrees at spring convocations
WATERLOO – Two academics, two former politicians and a motivational financial writer/speaker are being awarded honorary doctorates at this spring’s five Wilfrid Laurier University convocations. On June 8, in Waterloo, Honorary Doctor of Laws degrees will be awarded to James Breithaupt and Dr. Alfred Pletsch.
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Foreign direct investment increases in 2005
Foreign direct investment in Canada increased three times faster than Canadian direct investment abroad through 2005, mainly as the result of the soaring Canadian dollar which lowered the value of existing investments abroad. Foreign direct investment in Canada increased by more than 9% while Canadian direct investment abroad rose by only 3%.
Businesses scramble to meet GST reduction deadline
Only five weeks remain for businesses to comply with the budget's impending GST cut - Ernst & Young tax advisors
TORONTO - Tax advisors at Ernst & Young caution Canadian businesses are facing pressure to prepare for the changes required to handle the 1% reduction in the GST announced earlier this month in the federal government's budget.
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$1-million gift from 3M allows UW to install innovative inventory system
WATERLOO – The University of Waterloo is about to become the first academic institution in North America to use a new inventory and security system from 3M. The university and the company are today announcing a $1-million gift-in-kind involving 3M’s One Tag radio frequency identification (RFID) system.
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Study: Screening job applicants
While nearly every new employee is interviewed in the course of job screening, one in eight recent hires in 2001 also reported undergoing a security check, according to a new study published today in Perspectives on Labour and Income. Medical examinations were required of 11% of recent hires, but have been declining in importance over time.
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Toronto SEO Expert to Address CICA's National IT Conference
TORONTO -Alan K'necht, President of K'nechtology, a Toronto Search Engine Optimization and Search Engine Marketing Company, to Speak at National IT Conference & Showcase for Accountants
Alan K'necht, a prominent SEO expert and the president of K'nechtology Inc., a Toronto search engine optimization and search engine marketing company, is scheduled to address the CICA National IT Conference & Showcase for Accountants on Tuesday, June 13, at the Hilton Toronto Hotel.
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In EU, front lines in food war
ATHENS - In this famously fractious country, there is one thing on which almost all Greeks agree: They do not want genetically modified crops grown, sold or eaten here. In 2004, the Parliament passed a national ban, but the European Union rejected it as an illegal trade barrier. Since then, all 54 Greek prefectures have passed local bans, testing international regulations and patience.
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Apple Joins Forces with Nike
Apple has partnered with Nike for Nike+iPod products, the first of which is a Sport Kit that lets the new Nike+ Air Zoom Moire footwear wirelessly talk to an iPod nano. The kit includes an in-shoe sensor and a receiver that attaches to the iPod nano. Once connected, information like time, distance, calories burned, and pace is stored in the unit and displayed on the screen, while real-time audio feedback is transmitted through connected headphones. The new line was unveiled by Apple and Nike's respective CEOs, Steve Jobs and Mark Parker, at an event in New York. The CEOs were joined by seven-time Tour de France champion Lance Armstrong and marathon world record-holder Paula Radcliffe.
Making Railway History in May and June
May is Locomotive 6167 month in California. A reproduction of Larry Fisher’s painting, "Guelph Welcomes 6167", is featured for May in the 2006 calendar by the Orchard Supply Hardware (OSH) company of California. Each year for the past 32 years, the company has published a calendar featuring railway scenes, recently from the paintings of Larry Fisher.
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Fuji's Blu-ray Media Hits Stores in June
Fuji Photo Film Canada, Inc. says that its branded Blu-ray media will be available in Canada next month, in single-sided BD-R (write-once) and BD-RE (re-writable) formats, with 25 GBs of storage. Once available, these discs can be used in Blu-ray drives with 1-2x write speeds.
Pacific Design Outfits PSPs
Pacific Design has constructed a line of cases for Sony's PlayStation Portable (PSP) handheld multimedia/gaming device, made of Italian-sourced polyurethane material, and scratch-resistant polyester interior that the firm says has a velvety look and feel. The cases come in various colour combinations, like black with a burnt red or bright blue stripe, or gray with an orange or yellow stripe.
Fido Debuts LG 9200 Wireless Phone
Fido has announced the exclusive Canadian launch of the LG 9200 wireless handset, which has an embedded instant messaging (IM) function that can be used with the Yahoo! and MSN services.
Keating Appoints V.P., Sales & Marketing
Keating Technologies Inc., a branch-outsourcing service to the high-technology industry, has announced the appointment of Frank Dion to the position of Vice President, Sales and Marketing.
Marketnews Goes Digital
Bomar Publishing Inc., publisher of Marketnews Magazine, is putting a new spin on its print edition with a complementary Digital Edition that allows registered subscribers to flip through virtual pages online, browse contents, print articles, and more.
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IBM's JSTART PROGRAM JUMP-STARTS SOFTWARE DEVELOPMENT FOR INNOVATIVE WIRELESS CONTENT DELIVERY SOLUTIONS
RALEIGH, NC / EXETER, UK – LastMile Communications Limited , an innovative provider of secure, edge-of- network wireless content delivery solutions, has joined IBM's jStart program, designed to drive customer adoption of emerging technologies. LastMile's collaboration with IBM through the jStart program will enable the company to fast track the development of its suite of software for both its WDirect 1000 Information Node and its Harvester software for mobile devices.
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Sustainable Buildings Canada launches new web site
On May 24 Sustainable Buildings Canada (SBC) launched its new web site , featuring news on upcoming events, green building resources and assessment tools, recent newsletters, and a listing of our members. The web site address is http://www.sbcanada.org
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World Bank Sets Out 5-Year China Development Plan
“The World Bank on Tuesday set out a new five-year plan for its development projects in China, lending up to $1.5 billion per year and focusing on poverty reduction as well as easing the environmental and social fallout of the country's economic boom,” reports Reuters.
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Diversity the Model for Growth -- May 25 workshop
TORONTO - In "A Tale of Two Economies", The Honourable Sinclair Stevens, President of the Commonwealth Advantage, in association with CATA, Canada's largest high-technology alliance, will tell an executive workshop how the diverse economic environments of the 53 Commonwealth states offer businesses bottom-line benefits, compared to dealing in a "monoculture" like the US. Mr. Stevens proposes that Canada is the model for the Commonwealth of the future - that we are "the Commonwealth in a nation".
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New Global Sales Director For Boutique Hotels & Resorts International®
MIAMI BEACH, FL - Boutique Hotels & Resorts International® announces the appointment of Ms. Stacy Dreyfus to Global Sales Director. With the constant growth of authentic member hotels and the continued need to introduce travel professionals of these genuine hotels, Boutique appointed a new Chicago based Global Sales Director. Boutique Hotels & Resorts International® provides the only trademarked collection of hand-selected genuine boutique hotels and resorts around the world.
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Waterloo Regional Children's Museum - A Big Adventure for Kids
On International Museums Day, Thursday, May 18, the Waterloo Regional Children’s Museum opened a new exhibit entitled The Big Adventure!
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Comtek and Res Precast Announce Strategic Relationship in Building Construction Industry
BURLINGTON, ON - On May 24 Comtek Advanced Structures ("Comtek") and Res Precast announced a joint agreement for the development and commercialization of a high strength composite insulated panel for use in the building construction industry. Under this agreement, Comtek will license its resin infusion technology to Res Precast and produce demonstration sample panels for market development. "The initial feedback from the market has been very positive," according to Bruce Taylor, General Manager of Res Precast. "Small scale samples have been successfully produced and we are beginning to produce full scale demonstration panels."
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Stopping threats on security, people and business on agenda at technology event
VICTORIA, BC - Security, human resources and business are some of the issues to be discussed at the 48th annual INFORMATICS technology event to be held in Victoria from May 28 to 30, 2006. CIPS, Canada's association of Information Technology (IT) professionals, is hosting INFORMATICS, which features six keynote sessions, more than 20 workshops, an executive roundtable and special events.
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FAMILY HEALTH TEAMS IMPROVING ACCESS TO HEALTH CARE IN WATERLOO REGION
KITCHENER – Two Kitchener Family Health Teams are helping to deliver better patient care to residents of Waterloo Region, Kitchener Centre MPP John Milloy highlighted May 24 on behalf of Health and Long-Term Care Minister George Smitherman.
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Business urged to do more in war on AIDS
By Ben Hirschler
LONDON - Four leading companies pledged to to do more in the fight against AIDS in Africa on Monday, in a move designed to spur other corporations into action. The initiatives come on the heels of rock star Bono's "Red" scheme, under which companies with global brands -- from credit cards to clothing -- agree to channel a portion of profits to the Global Fund to Fight AIDS, Tuberculosis and Malaria.
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What do you mean you don't speak English?
by Stefano Rellandini
Jack Campbell, from ActionAid's Emergencies and Conflict team, says the new U.N. "cluster" approach to disasters isn't working, if experience after October's Kashmir quake is anything to go by. Imagine disaster strikes in a corner of France. Casualties are high, chaos is total. An international relief effort rolls in, and proceeds to carry out all meetings and briefings in English, with not a French translator in sight. It just wouldn't happen.
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Wednesday May 24, 2006
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Waterloo Region businessman makes automotive history
A local automobile dealer is making Canadian automotive retailing history. John Hanson is owner of Hanson Chevrolet-Pontiac-Buick-GMC in New Hamburg, Ontario. On June 10, 2006, that business will celebrate the grand opening of the first ³dual showroom franchise² in Ontario. The new Hanson facility includes a full Chevrolet showroom, and a complete Pontiac-Buick-GMC showroom, all under one roof.
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Wilfrid Laurier University a Canadian leader in research on responsible organizations with opening of new centre
Waterloo - The Certified Management Accountants of Ontario (CMA Ontario) and the School of Business & Economics (SBE) at Wilfrid Laurier University are pleased to announce the official opening of the CMA Centre for Responsible Organizations on Wednesday, May 24, 2006
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First Public Meeting on Kitchener Central Library and Centre Block Projects Set for Tonight
KITCHENER - The first of two public meetings on the proposal to build a new central library on Centre Block will take place on Tuesday, May 23, beginning at 6:30 p.m. in the Council Chambers at Kitchener City Hall. This is an open public town hall meeting - to be conducted by an independent, professional facilitator - and all Kitchener residents are invited to attend. The primary focus of this meeting will be to provide an opportunity for citizens to share their views about plans for the potential construction on a new central library on the Centre Block site. The evening's discussions will focus on three questions:
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Income of individuals 2004
Median total income for individuals increased for the first time in three years in 2004. The median total income of individuals amounted to $24,400, up 1.5% from 2003.The median is the point where one half of incomes are higher and the other half are lower.
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Domestic travel Second quarter 2005 (preliminary)
Canadian residents made 50 million visits within the country during the second quarter of 2005. About 42.2 million of them were to visit friends or relatives and for pleasure. Together, these two categories accounted for 84.4% of all visits in Canada by Canadian residents. Of the remaining visits, 2.7 million were for business reasons and 5.1 million for other reasons such as bringing someone to the hospital.
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Railway carloadings March 2006 and first quarter 2006
Canadian railways recorded their biggest ever monthly increase in business in March as freight surged in almost every commodity category. Railways loaded 25.2 million metric tonnes of freight, up 4.0 million metric tonnes or 18.9% from February. Business usually increases with improved weather in March, which is also a longer month. But the gain this year was stunning.
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BlackBerry Connect for Palm Treo 650 Smartphone Now Available on Optus Network in Australia
Sunnyvale, CA and Waterloo, ON - Optus, Palm, Inc. and Research In Motion (RIM) announced May 23 the availability of BlackBerry® Connect™ for the Palm® Treo™ 650 smartphone on the Optus network in Australia. BlackBerry Connect enables new and existing Treo 650 users to benefit from many popular features of the “push”-based BlackBerry architecture via BlackBerry Enterprise Server™.
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Ontario's Wisdom Exchange Highlights Innovation For Business Growth Leading Growth Firms Drive Jobs And Prosperity, Waterloo Tech Park Recognized.
KING CITY - Ontario's leading growth firms have helped solidify the province's reputation as an innovative and globally competitive jurisdiction, Minister of Economic Development and Trade Joe Cordiano said May 23 during a speech to the 12th annual Wisdom Exchange.
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Study: Review of non-residential construction for 2005
Non-residential investment hit a record high in 2005 for the fifth year in a row, and the West can take a lot of the credit, according to a new study. Non-residential investment (commercial, industrial and institutional projects) hit $31.5 billion last year, up 8.7% from 2004. This was the strongest gain since 2002.
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EU nations divided over organic food rules
By Constant Brand
BRUSSELS, Belgium - European Union agriculture ministers were divided over plans Monday to set up new EU-wide labeling of organic and bio-produced foods. Officials said several countries argued that a European-wide logo to identify products classified as organic would confuse consumers already familiar with the labeling used in their own countries.
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Laurier partners with Chinese institute to offer sequential degree
WATERLOO – Wilfrid Laurier University is forging new links with one of China’s top software engineering schools by launching an initiative that will allow students from the Nanchang Institute of Aeronautical Technology (NIAT) to earn a Laurier science degree.
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Canada's new Government delivers long-term funding for Toronto'S Harbourfront Centre
TORONTO - Treasury Board President John Baird, Minister of Finance Jim Flaherty, and Minister of Canadian Heritage Bev Oda today announced $25 million to ensure sustained funding of Harbourfront Centre. "The Prime Minister made a personal commitment to long-term funding for the Harbourfront Centre and today we are delivering on that promise," said President Baird, who also serves as Minister responsible for Toronto's Waterfront. "Canada's new Government recognizes Toronto's Harbourfront Centre as a key contributor to the cultural vibrancy of the city and its waterfront." The Government of Canada will allocate $5 million per year over the next five years to support the operational requirements of the Centre.
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DESCARTES REPORTS RECORD EARNINGS IN FISCAL 2007 FIRST QUARTER FINANCIAL RESULTS
WATERLOO, ONTARIO -- The Descartes Systems Group Inc. released financial results for its fiscal 2007 first quarter (Q1FY07) ended April 30, 2006. All financial results referenced are in United States currency and, unless otherwise indicated, are determined in accordance with United States Generally Accepted Accounting Principles (GAAP).
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Survey: Quality of Life, Pay Top Relocation Considerations for Executives
TORONTO - Employers take note: Successfully recruiting top executives from outside of the area takes more than the promise of a plush office and an impressive job title. Thirty-three per cent of chief financial officers (CFOs) in Canada polled recently said the quality of life in a new city would most influence their decision to relocate for a job opportunity; 27 per cent cited compensation as the foremost consideration.
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Young Global Leaders to visit schools in Vancouver during Dignity Day
Geneva, Switzerland – The Forum of Young Global Leaders will hold its Annual Summit on the theme of Innovations 4 the Future in Vancouver, Canada from 8-11 June. This Summit will bring together leading thinkers, rising stars from business and politics, artists, activists and journalists under the age of 40 to explore the newest ideas and developments that will change our lives.
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CATHOLIC BOARD URGES CATHOLIC RATEPAYERS TO CHECK MUNICIPAL ENUMERATION FORMS
Kitchener -- The following letter is being sent home this week to families whose children attend Waterloo Region's Catholic Schools: CATHOLIC RATEPAYERS...CHECK YOUR MAIL
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Agribusiness giants hold different philosophies: ADM pursuing biofuels, while Cargill makes food its priority
One agribusiness giant is enthusiastic about using farmland to produce fuel. Another says growing food should be the top priority for those fields. Archer Daniels Midland Co., by far the country's largest ethanol producer, has taken an aggressive approach to biofuels including ethanol and biodiesel.
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EagleRider Revolutionizes Motorcycle Travel
LOS ANGELES, CA - EagleRider, already the world's leading motorcycle rental company, is now paving the way for a revolution in the way enthusiasts travel. EagleRider's world-renowned self-drive tours are now better than ever and experiencing an explosion in popularity.
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Keeping tabs on rogue GMOs
By Simon Terry
Conditions for the international trade of genetically modified organisms (GMOs) are to become tougher as a result of changes to the Cartagena Biosafety Protocol. Buried in the diplomatic language added to this United Nations agreement is a shift in the rules on food labelling that has deep ramifications for GM food cultivation.
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Streamlining reporting processes? The May 2006 issue of CMA Management explains five essential front-end project management rules for making it work
TORONTO - The May 2006 issue of CMA Management tackles the challenge of managing a technological overhaul of a business process. Introducing new technology may sound simple, but this month's case study of one organization's experiences demonstrate that it's rarely so straightforward.
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Regional Innovation Networks (RIN) Conference and Release of a State of the Industry 2006 Report
Across Canada and the U.S., experience has shown that communities with strong regional innovation networks - sometimes called "fourth pillar organizations" - are successful in facilitating innovation and developing strong tech clusters. On May 25th Regional Innovation Networks, a one-day conference in Waterloo Region will bringi together leaders from effective regional innovation networks in Canada and the U.S. to network, share solutions, and exchange best practices.
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Investor Confidence Index Rises to 85.9 in May
BOSTON - State Street Global Markets, the investment research and trading arm of State Street Corporation (NYSE:STT), released today the results of the State Street Investor Confidence Index(R) for May 2006.
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| WEF: Arab Stock Markets Seen Bouncing Back; Reform Needed
"Delegates at the World Economic Forum (WEF) meeting on the Middle East are confident the region's ailing stock markets are set for recovery, but say further reform is needed to reduce volatility," reports Dow Jones.
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| Britain To Commit At Least $15 Billion To Education In Africa
"The British government announced Monday that it will commit at least $15 billion to finance education in Africa over the next decade," reports Agence France Presse. "'In total, Britain will commit at least $15 billion over the next 10 years, four times as much as the $3.5 billion of the previous 10 years,' British Chancellor of the Exchequer Gordon Brown told the 'Financing for Development: From Commitment to Action' conference of African finance ministers in Nigeria's capital Abuja. Brown said he would press other G8 finance ministers at their meeting in June in St. Petersburg
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Be Safely Seated: Tips for Ensuring Children are Protected in your Vehicle
GUELPH - Summer is almost here. For many Canadian families, that means more travel and time in the car. With 8 out of 10 child car seats improperly installed, there's no better time to inspect your child's car seat and protect the ones you love. "Installing children's seats correctly is only the first step to protecting your little ones," said Valerie Lee, executive director of the Infant & Toddler Safety Association (ITSA).
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Tuesday May 23, 2006
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WATERLOO PORTRAIT PHOTOGRAPHER AWARDED 2006 CANADIAN PHOTOGRAPHER OF THE YEAR
Waterloo - David James Photography (David James Entwistle) established his portrait studio in Waterloo twenty-five years ago, and soon after earned the designation,“Craftsman of Photographic Arts”.
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Retail trade March 2006
Retail sales continued to climb in March after edging down in February, capping the strongest quarterly gain in four years. Retail sales increased by 1.5% in March from the previous month to reach a record high of $32.1 billion. March's advance boosted this year's first quarter results up 2.2% over those of the previous three-month period. Record sales were enjoyed by almost all types of retailers this quarter. Excluding auto retailers, sales in the first quarter of 2006 were also up 2.2%.
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Advertising Students Win Growers' Association Branding Honours
Mushrooms matter. Not only are they a popular and versatile food, they're also a big business. Adam Frank of Kitchener and Vil Louangxay of Cambridge, both students in the two-year Advertising program at Conestoga College, have each received $950 from the Canadian Mushroom Growers' Association (CMGA) for their winning efforts in an association-sponsored contest to rebrand the CGMA through development of a new logo and tagline.
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Wolseley Selects Descartes' Transportation and Delivery Management Solutions for UK Operations
WATERLOO -- The Descartes Systems Group Inc announced May 23 that Wolseley (Group Services) Limited has selected Descartes' solutions for logistics planning and execution for its UK operations.
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Waterloo Region launches "new" Rapid Transit website
The site has been reorganized and updated to provide easy access to all of the latest information about the ongoing Rapid Transit Environmental Assessment, including opportunities for public consultation and input.
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VoIPVoice Announces First Skype-Certified Phone to Be Sold in Apple's Retail Stores
MANCHESTER, ENGLAND - VoIPVoice, the leading manufacturer of innovative Voice over IP (VoIP) products, is delighted to announce the release of their long-awaited CyberPhone W for Mac. As a testament to its industry-leading simplicity, quality and design, it has just become the first Skype-certified device to be available in all Apple stores.
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Laurier prepares to step into 5th annual Commuter Challenge
This year marks the 5th annual Commuter Challenge in which Laurier will be participating. The Commuter Challenge is a friendly competition among a variety of regions within Canada that encourages the use of active and/or sustainable modes of transportation to and from work.
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Taking your tasks abroad?
Mississauga - “Successful executives know that core competencies are what give an organization its clear leadership position and when executed, differentiate it from competitors,” says Humayun Kabir, Managing Partner of Inforica. “Essentially global sourcing today isn’t only about cost-cutting – it is about determining where it makes most sense for a task to be performed.”
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Steelworkers accept agreement with St. John's Dockyard Ltd.
ST. JOHN'S - United Steelworkers' Ontario/Atlantic Director Wayne Fraser announced Friday that members of USW Local 9503 have voted to accept the latest contract offer from St. John's Dockyard Ltd., in advance of the previous contract expiry date of June 30.
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Study: Economic importance of transportation
Transportation services make a far bigger contribution to Canada's economy than the "for-hire" transportation industry alone would indicate, a new study has found. This study shows that the impact of the sector goes well beyond the many companies that provide "for-hire" transportation services, that is, those that use aircraft, trucks, ships or other equipment to offer services to clients for a fee in the market place. Transportation in Statistics Canada's System of National Accounts, which is used to evaluate the performance of the Canadian economy, only identifies for-hire services.
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Municipalities struggle to control overtime leading to budget deficits
MONTREAL — Many citizens across the United States and Canada are unaware of their municipality’s struggle to control overtime in their efforts to contain taxes and maintain service levels. However, a new survey reveals just how pervasive of a problem it has become in government. This new survey, “Municipalities Challenged to Manage Budgets and Overtime,” conducted by IDC Research and sponsored by Kronos® Incorporated , found that more than 80 percent of municipalities exceeded their overtime budget at least once in the past five years. The survey also uncovered that when municipalities do exceed their overtime budget, it’s by an average of 20 percent.
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Canadians Taking Transit at Record Level
TORONTO - Preliminary public transit ridership statistics for 2005 show an increase of 2.5% nationally for an all-time record of 1.63-billion trips taken in 2005, as reported by the Canadian Urban Transit Association (CUTA).
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Study: Impact of free trade on plant scale, length of production run and diversification 1973 to 1997
Canadian manufacturing plants reduced the number of their products during the 1990s following the Canada-US Free Trade Agreement (FTA), but increased their output and the length of their production runs, according to a new study.
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THEADLIBGROUP WINS ITS FIRST FRANKIE AWARD AT THE
2006 CANADIAN FRANCHISE ASSOCIATION CONFERENCE
Toronto, Ont - On Monday May 15th at the 2006 Canadian Franchise Association Conference in Niagara Falls, theadlibgroup was awarded the prestigious silver Frankie Award for their work on Shoeless Joe's Food Drive.
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MIDDLE EASTERN COMPANIES: GOING GLOBAL FAST
Sharm El Sheikh, Egypt, - Leaders of some of the biggest and fastest growing companies in the Arab world heralded a new regional confidence. Middle Eastern businesses are rejecting old geographic boundaries, taking their ambitions global.
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Laurier pair win Iron Chef competition
Laurier’s very own executive chef Tim Brooke and catering manager Kelly Ough recently took part in an Iron Chef Competition that was part of the first annual Chef’s Conference in Niagara Falls. The pair were teamed with two other chefs from Toronto and Barrie and together they beat out 17 other chefs from across the country.
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Seminis Monsanto-tie fuels "super vegetables"
by Carey Gillam
KANSAS CITY, Mo. - At Seminis Inc., the world's largest fruit and vegetable seed company, carrots come in a rainbow of colors and flavors, lettuce grows perfectly sandwich-sized, and a menu of "super vegetables" such as cancer-fighting broccoli are in development.
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Governments Have Failed To Stop Overfishing – Study
“Governments worldwide have failed to prevent overfishing in the oceans, where a proliferation of bottom-trawling threatens to wipe out deep sea species, conservation groups WWF and Traffic said on Friday,” reports Reuters.
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The 3rd Annual China Investment Forum
NEW YORK – Institutional Investor, a leading provider of highly interactive investment strategy conferences for senior money managers and financial executives, will host the China Investment Forum, along with co-hosts Bank of China and Merrill Lynch on June 1 – 2, 2006 at the Metropolitan Club in New York.
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Canada Shows Progress In Reducing Software Piracy
TORONTO - The Canadian Alliance Against Software Theft (CAAST) and the Business Software Alliance (BSA) today announced the findings of a global software piracy study that reveals Canada's software piracy rate decreased three percentage points from 36 per cent to 33 per cent in 2005, falling below the worldwide piracy rate which remained stable at 35 per cent.
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Flag Raiders Paintball Opens Second Location
Kitchener - After 23 years of business in Cambridge, Flag Raiders Paintball has opened an indoor paintball facility and pro shop on Gage Ave in Kitchener. In addition to their 60 acre outdoor playing facility on Kossuth Rd and retail store on King St E in Cambridge, Flag Raiders now offers paintball indoors!
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Indiana company explores crop-growing niche
By Rick Callahan
In a dark, cave-like chamber carved deep into a southern Indiana cliff, Doug Ausenbaugh is raising corn and tomatoes as vibrant as anything that might grow in a sun-drenched field. Regardless of the weather outside - flood, drought or blizzard - crops thrive in the blindingly bright growth chambers that Ausenbaugh's Controlled Pharming Ventures LLC has erected 160 feet below ground in one corner of a vast maze carved from limestone.
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WORLD ECONOMIC FORUM ON MIDDLE EAST HIGHLIGHTS KEY ACHIEVEMENTS
Sharm El Sheikh, Egypt - The World Economic Forum on the Middle East closed today with a call for government, business and civil society leaders to address collectively the many profound challenges confronting the region, including the reconstruction of Iraq, the Palestinian-Israeli conflict, the lack of essential infrastructure and the need to create 80 million jobs over the next 20 years.
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WATERLOO EXPANDS COMMUNITY MENTAL HEALTH SERVICES
WATERLOO REGION – The McGuinty government is investing $2,025,541 to improve access to community-based mental health services for people in Waterloo Region, John Milloy, MPP for Kitchener Centre announced today on behalf of Health and Long-Term Care Minister George Smitherman.
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New face to Canada's produce industry Peak of the Market's Larry McIntosh elected as the Canadian Produce Marketing Association's incoming Chairman of the Board
WINNIPEG - The Canadian Produce Marketing Association (CPMA) has elected its new incoming Chair. Larry McIntosh, President & C.E.O. of Peak of the Market will be inducted as only the 4th Manitoban ever to serve as Chair in the CPMA's 82-year history.
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Volkswagen Eos starting price announced
AJAX - Volkswagen announced August 19 that its all-new 2007 Eos hardtop convertible, which debuted in Canada at the 2006 Montreal Auto Show, will be offered at a base price of $36,900.
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