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Business, Economics, Entrepreneurs, Environment, Science and Technology
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Friday, July 06, 2007
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Reid's Heritage Homes Recognized for Healthy Housing(TM) Practices
GUELPH - Canada Mortgage and Housing Corporation (CMHC) recognized Reid's Heritage Homes today for building healthier houses. The presentation was made at the company's model home in Guelph's Westminster Woods community.
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U of G Names Premier's Research Chair
Guelph - A renowned Michigan State University professor will be joining the faculty of the University of Guelph as the Premier’s Research Chair in Biomaterials and Transportation.
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Ontario Court of Appeal Strikes Down Oshawa City By-Law Requiring Used-Goods Stores to Collect Personal Information
TORONTO - On July 4, the Ontario Court of Appeal struck down a City of Oshawa by-law requiring used-goods retailers to collect extensive and sensitive personal information from all customers seeking to sell their goods.
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UOIT awarded Tier 2 Canada Research Chair in Health Informatics
New laboratory will establish simulation environment designed to improve the care of neonatal intensive care patients
OSHAWA, ON. The University of Ontario Institute of Technology (UOIT) announced today that it has been awarded a prestigious Tier 2 Canada Research Chair in Health Informatics.
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A Heart for Truckers: Canadian Company Set To " Bless The Little Guy" With XenTx Product Line
AYR, ONT, CAN. - Green Performance Systems, a daughter company to OnTruck Exhaust and distributor of engine performance enhancement products, today announced that they are the exclusive Canada-wide distributor of XenTx Automotive Treatments for industrial and commercial markets.
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March Networks Wins Deal with Major U.S.-Based Retailer
OTTAWA - March Networks(TM), a leading provider of IP-based video surveillance solutions, announced today that a major U.S. retailer has selected its digital video software and systems as the preferred solution for the company's new and retrofit store builds in the U.S.
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BANK OF NEW YORK FAILS TO APPEAR IN RUSSIAN COURT TO DEFEND $22.5 BILLION LAWSUIT
Initial Hearing Began July 5 in Moscow Without The Bank Of New York
MOSCOW - The Moscow Arbitration Court heard opening arguments regarding the Russian Federation's $22.5 billion claim against The Bank of New York, Inc., now the Bank of New York Mellon Corporation, for money laundering activities the Bank had previously admitted.
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Where is the coal phase-out regulation?
Ontario - On June 18th, Premier McGuinty announced that he would issue a legally binding regulation requiring the complete phase-out of Ontario's dirty coal-fired power plants by 2014.
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EU, Brazil Ink Strategic Partnership Pact At Landmark Summit
“The EU and Brazil Wednesday signed a ‘strategic partnership’ to cement
relations at the first ever summit of the bloc and one of the world's
major developing economies.
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UN Business Summit Aims To Make Companies More Responsible
“UN Secretary General Ban Ki-moon opens Thursday one of the …biggest
meetings with business leaders to try to sharpen global standards for
corporate behavior.
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Alcan endorses United Nations Global Compact climate change statement
ALCAN JOINS MORE THAN 150 GLOBAL COMPACT PARTICIPANTS IN A CALL TO ACTION
ON CLIMATE CHANGE
MONTREAL - Alcan Inc. announced today that it has signed the UN Global Compact's "Caring for Climate: The Business Leadership Platform" statement. The official statement, which was announced in conjunction with the Global Compact Leaders Summit in Geneva, Switzerland, is a powerful call to action from the participants of the Global Compact who wish to advance practical climate change solutions and voice the need for all businesses, governments and citizens to take steps to address climate change.
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Chair of Multicultural Festival Honoured with Provincial Award
Guelph - Delfino Callegari, the volunteer chair of the Guelph and District Multicultural Festival, has been honoured with a Newcomer Champion Award from the Ontario Ministry of Citizenship and Immigration.
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South America forest and paper sector a new player on the global scene and leads for return on capital: PwC report
Vancouver South America is is emerging as a major global player in the forest, paper and packaging industry, presenting opportunities for producers as a supply base and as a growing market for forest, paper and paper-based packaging products. According to PricewaterhouseCoopers (PwC) in a new report titled Risks and Rewards: Forest, paper and packaging in South America
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Globalstar Announces New Satellite Data Modem for Ground-
Based Tracking and Data Monitoring Applications
Guardian Mobility Adds Tracer 3 Modem Family to Its Suite of
Globalstar Satellite-Based Skytrax 3 General Aviation Flight-
Following Solutions
MILPITAS, Calif. - Globalstar, Inc. , a leading provider of mobile satellite voice and data services to businesses, governments, and individuals, announced that simplex data integrator Guardian Mobility Corporation has launched a new group of satellite data modems known as the Tracer 3 Product Family.
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Ontario Liberal Party launches Dalton.ca
Candid new website highlights the leadership of Ontario's Premier
TORONTO - The Ontario Liberal Party unveiled a new website today that gives Ontarians the opportunity to get to know Premier Dalton McGuinty on a first name basis, learn more about his vision for Ontario and review highlights of his Liberal government's record for themselves.
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Microsoft Expanding Canadian Operations in Greater Vancouver Area
New Software Development Centre to Open Fall 2007
REDMOND, Wash., and TORONTO, ON July 5, 2007 Microsoft Corp. today announced that it is expanding its presence in Canada by opening a new software development centre in the Greater Vancouver Area, in British Columbia.
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Maple Leaf signs up a $4 million Canadian Sales Contract
CALGARY - Maple Leaf Reforestation Inc. is pleased to
announce the company has signed a two years sales contract for $28 million RMB
(approximately $4 million Canadian) with Liangcheng Dadi Forestry Co. Ltd.,
PRC, to purchase a variety of the company's tree seedlings.
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Construction to start on IGPC Ethanol plant in Alymer
AYLMER, ON - Integrated Grain Processors Co-operative and its wholly-owned subsidiary, IGPC Ethanol Inc., announced that it has closed on the financing of its 150 million litre ethanol plant to be built in Aylmer, Ontario. IGPC Chair Tom Cox thanked its lead lender, Société Générale, for skillfully arranging the $100 million loan package which enables IGPC to finance the construction of its ethanol plant.
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Thursday July 5, 2007
Canada's housing market forecast to perform strong and steady through 2007, with astounding momentum from solid second quarter
- Average house prices set to rise by 9.5 per cent nationally -
TORONTO - Canada's resale housing market finished the second quarter on strong and steady footing; surprising many by its astounding momentum. Healthy and robust conditions are expected to prevail through to year's end as all regions are poised to experience a rise in average house prices, with double-digit gains forecast for Edmonton, Calgary, Winnipeg and Regina, according to a report released today by Royal LePage Real Estate Services.
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Better use of idle time on daily commute would help close Canada's productivity gap with U.S.
Intel of Canada/Decima Research survey reveals mass transit commuters
under equipped by employers as urban traffic congestion worsens
TORONTO - Converting idle time into productive time on daily work commutes could help reduce Canada's productivity gap with the United States, according to a survey of mass commuters in Toronto, Montreal and Vancouver conducted by Decima Research and Intel of Canada.
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Calculating University Community's Ecological Footprint
Guelph - U of G is working with Zerofootprint on a cutting-edge initiative that will provide members of the University community the opportunity to measure their ecological footprint and reduce the collective impact on the environment.
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Growth in Litigation, Intellectual Property and Commercial Real Estate Fuelling Demand for Legal Services
TORONTO - Business is healthy for many law firms, a new survey shows. Sixty-nine per cent of lawyers polled said their firms are handling more projects and cases compared to one year ago; just 6 per cent said their current workloads have decreased.
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ThinData Sets the Record Straight on Email Delivery
Guide Helps Bridge the Chasm Between Marketers and Technologists
Toronto - ThinData has published The Marketer's Guide to Successful Email Delivery. The Guide was developed to bring together marketing and I.T. department professionals so that they can address one of today's most difficult business challenges.
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China's Environment Close To 'Breakdown': Govt Official
"China's environment is close to [the] breaking point and the situation is
endangering people's lives, one of the nation's top anti-pollution
officials said in comments published Wednesday.
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GRASS PELLET HEATING CUTS CO2 BY 87%, OVER NATURAL GAS
Bio-Fuel Study Shows That Grass Pellets Have Surprising Advantage In Cutting CO2
Toronto - Contrary to peak oil doomsayers, we won't freeze in the dark - we can continue to live in warm homes heated with grass. This is not a pot-inspired prediction, says Natural Heat spokesperson Bruce Hanson
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1,000-year-old Arctic ponds disappearing due to global warming
By Kris Connor
Research has uncovered alarming evidence that high Arctic ponds, many which have been permanent bodies of water for thousands of years, are completely drying out during the polar summer.
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"Building Canada" - Stronger, Safer, Better - Canada's New Government Takes Final Steps on Historic $33 Billion Infrastructure Plan
OTTAWA - Canada's New Government is moving forward on its $33 billion "Building Canada" infrastructure plan. Over the summer, meetings and negotiations will take place with provinces and territories to conclude agreements on the new funding programs announced in Budget 2007.
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Ontario Finalists Announced for the Most Prestigious Business Awards in Canada
The 14th annual Ernst & Young Entrepreneur Of The Year(R) Awards name
finalists
TORONTO - Out of an impressive list of nominees, 50 outstanding Ontario entrepreneurs who have demonstrated courage, determination and leadership have been chosen as finalists in the 2007 Ernst & Young Entrepreneur Of The Year Awards Program.
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Building permits for May 2007
Statscan - Construction sites in Western Canada will be humming this summer as the value of building permits, a leading indicator for construction activity, surged to its highest monthly level ever in May.
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Canadian IPO market remains stalled, PwC survey shows
TORONTO New public offerings on Canada’s equity markets remained stalled in the first half of 2007 with the value of new issues off 400% from the same period of 2006, the PricewaterhouseCoopers (PwC) six-month survey of initial public offerings reveals.
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Competition Bureau Completes Measures to Increase Competition in Grain Handling Industry
Ottawa - The Competition Bureau announced July 4 the finalization of a series of remedies to maintain and promote competition in the grain handling industry in Western Canada.
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K-W HOME SALES UP MORE THAN 14 PERCENT THIS YEAR
KITCHENER - Residential real estate sales continued their record pace in June, leading to a year-to-date increase of 14.6 percent.
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U of G Researchers Aim to Make Rainwater Harvesting Mainstream
Guelph - Home buyers can now add rainwater harvesting systems to the list of choices to make when it comes to purchasing a new house. A team of researchers with U of G’s School of Engineering has designed and piloted a household system that collects rainwater from the roof and pumps it into the home to be used to flush toilets, run the dishwasher or water the garden.
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BP's biotech bet
By Matthew Herper, Forbes.com
The energy giant has become the biggest investor in some of the most out-there genetics research.
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3M Canada Company forms alliance with Alberta-based Cantega Technologies Inc.
LONDON - 3M Canada announced a strategic alliance to market a power system solution manufactured by Edmonton-based Cantega Technologies Inc. The agreement provides 3M Canada exclusive rights within Canada to sell and market Greenjacket(TM) Wildlife Outage Mitigation Systems (Greenjacket).
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Wednesday July 4, 2007
LiveHive and Global Television partner to offer interactive TV
NanoGaming premieres with reality series BIG BROTHER 8 on July 5th
WATERLOO - LiveHive Systems is taking a pioneering role in interactive TV, and is pleased to announce that it has signed an agreement with Global Television for the premiere of the popular reality show BIG BROTHER 8 on Thursday, July 5, 2007. The launch of the new season will incorporate LiveHive’s interactive platform, NanoGaming.
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| L-R Dave Bullock, David Brennan, CA, Robert Riopelle, Jean-Pierre Bhavnani, Jean Paul Dupuis |
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Virtek Vision Selling iLS Division to Metris
- Sale is consistent with Virtek's strategy to focus on growth
opportunities for its Marking & Engraving business
- Sale of iLS assets to Belgian company to be completed for
approximately C$6 million in cash
- iLS operations will continue to be based in Waterloo, Ontario
WATERLOO- Virtek Vision International Inc., a leading developer and provider of high-value industrial laser solutions, today announced that it has signed an agreement for the purchase by Metris of the assets of Virtek's Intelligent Laser Systems (iLS) group for approximately C$6 million in cash.
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Toronto Mayor and Microsoft Canada open digital arts and technology skills centre in Jamestown, Rexdale
Rexdale Pro Tech Media Centre to offer community members skills
development through access to technology and education
MISSISSAUGA - Together with Toronto Mayor David Miller, Microsoft Canada today launched the Rexdale Pro Tech Media Centre in Jamestown - one of 13 priority neighbourhood areas identified by the City of Toronto for focused support and investment.
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CFI Announces Support for U of G Research
Guelph - For the second time in as many months, the Canada Foundation for Innovation has invested in research at the University of Guelph. The latest allocation of nearly $630,000 will support four diverse projects spanning the social and physical sciences.
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International Migration, Economic Development and Policy
World News - Edited by Caglar Ozden and Maurice Schiff, this new research book confirms that migration reduces extreme poverty in developing countriesby as much as 35 percent in migrant households in Mexico.
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Volkswagen Canada achieves 29.2% sales increase for June 2007
AJAX, ON - Volkswagen Canada is pleased to announce that its sales totalled 3,778 new units for June 2007, compared with 2,924 new units in June 2006, a jump of 29.2%.
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Tax issues that will have significant impacts on Canadian individuals, families and businesses
Don’t forget to take advantage of the new family tax savings
Putting together the puzzle of taxes that affect Canadian individuals and families is very complex. Because this year has been marked by many tax changes that will affect how people can positively manage their finances, now is the time to remind and recap the important, money saving tax moves made by the federal government in the recent budget.
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World Bank Publishes Recommendations For Economic Growth In Eastern Europe And Central Asia
"More productive public spending, lower fiscal deficits and greater reliance on non-distorting taxes could spur economic growth, according to Fiscal Policy and Economic Growth: Lessons for Eastern Europe and Central Asia, [report] released by the World Bank.
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2007 Commuter Challenge - A Success In Kitchener Waterloo, Cambridge Get with the Program!
Waterloo Region During the eighth Annual Waterloo Region Commuter Challenge held June 3 - 9, 2007, commuters in Waterloo Region found their own solution to cutting greenhouse gas emissions, rising gas prices and getting more active by taking the bus, biking, walking and carpooling to work instead of driving alone.
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Biofuel boom threatens pub supplies
By John Porter
Pubs could face rising prices and shortages of core food and drink products as an unforeseen consequence of increased investment in biofuels.
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ATS awarded US$14.3 million order for pharmacy packaging automation
CAMBRIDGE - ATS Automation Tooling Systems Inc. announced it has been awarded a US$14.3 million order to design, build, install and support a number of automated packaging systems for a market-leading healthcare company.
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What’s in the Pantry re-locates and adds the Pantry Cafe
Guelph - What’s in the Pantry will launch the Pantry Café at the beginning of August as the company expands to it’s new location still in the same Speedvale Shopping Centre at the intersection of Speedvale Avenue and Stevenson Street North in Guelph.
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Steelworkers vote to strike if no deal with Algoma Steel
SAULT STE. MARIE - The membership of the United Steelworkers' (USW) Local 2251 have voted 95 per cent in favour of strike action if necessary to reach a new collective agreement with Algoma Steel.
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Mercedes-Benz Canada reports best June, best 2nd Quarter and best half year ever
Mercedes-Benz Car Group sales were up by 11.5% in June
TORONTO - Mercedes-Benz Canada announced today that its June results were the best ever recorded at a total of 1,903 units. These numbers also contributed to the best second quarter ever of 5,731 units and the best half year ever in the company's history for a total of 9,710 units year-to-date.
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Television broadcasting in 2006 - Revenues 8.2% higher than in 2005
Statscan - Overall, operating revenues for the television broadcasting industry reached slightly more than $6 billion in 2006, a gain of 8.2% from 2005. It was the third largest year-over-year revenue increase in the past 10 years.
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Analysis: Biofuels -- vice or virtue?
By Stefan Nicola
BERLIN - Germany's biofuel companies hope for government support to keep their industry thriving. While critics say the environmental and social damages caused by the biofuel boom are severe, industry members say biofuels can be an important factor in the battle to stop global warming.
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U.S. plants largest corn crop in 63 years
By Giles Clark
U.S. farmers planted 92.9 million acres of corn in 2007, exceeding last year’s planted area by 19 percent and surpassing the March projection by 3 percent, according to the Acreage report released today by the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS). The actual planted acreage is the highest since 1944, when farmers planted 95.5 million corn acres.
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Community Foundations of Canada announces release date for Vital Signs, annual report card on health of communities
OTTAWA- Community foundations across Canada announced they will release their annual Vital Signs report cards, aimed at measuring the vitality of their communities, on Tuesday October 2nd, 2007.
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Tuesday July 3, 2007
The first line of defense in the war for talent
By Sean Slater National Practice Director - EAP and Organizational Wellness Ceridian Canada
Canada is in the midst of a global war that will soon affect every person and every organization in every province and territory. This isn’t the front-page war we hear about everyday; it’s the war that’s being reported on business pages across the country.
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Innovative Governance Arrangements Needed to Control Anticipated Health Crisis, Highlights New CIGI and Ashgate Volume
Waterloo Global health governance is in crisis and in desperate need of renewal, asserts an important new volume released by Ashgate and the Centre for International Governance Innovation (CIGI).
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Attacks Via Web and Email Strip Businesses of Cash
Sophos Announces Top Ten Web and Email-borne Threats for June 2007
BOSTON - Sophos, a world leader in IT security and control, has revealed the most prevalent malware threats causing problems for computer users around the globe during June 2007.
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World Bank To Focus On Climate In Latin America
Helping countries both prepare for climate change and fight it will be a key focus for the World Bank's work in Latin America over the next 12 months, its regional head Pamela Cox told Reuters.
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BBB Elects Setmans Group COO as New Board Chair
Waterloo Region - The Better Business Bureau of Mid-Western and Central Ontario, serving K/W, Guelph, Cambridge, the GTA and surrounding areas, has elected Denny Cybalski, COO of Setman Group, as Chair of their Board of Directors.
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Customization is key; Standardized approaches are not going to attract employees
By Adam Legge Director, Research and Business Information Calgary Economic Development
Calgary - Customization is everywhere. You can design your own custom Nike shoes. You can have your iPod engraved. And no one buys the standard floor plan of a new house. We love things that are tailored for us. We all want something unique and an expression or reflection of our preferences.
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Women Benefit The Most From Migrations
“It was common knowledge that the 200 million migrants who left their country of origin in order to improve their living conditions and wages were sending back ‘to their country’ some $200 million each year.
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Laurier student earns national leadership award
WATERLOO Kristy Bray took home two honours in June. She had worked towards the first one for four years; the other one was unexpected.
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Squeezing more fuel out of scraps
By Michael Kanellos
Catilin has come up with a way to let biodiesel manufacturers consume both of their major food groups: animal fat and vegetable oil.
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FDA inks deal with Europeans over food safety
By Kim Dixon
WASHINGTON - The U.S. Food and Drug Administration said on Monday it signed a pact with European regulators to share more information about the safety of the food supply.
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Consumers seeking move from couch to lap of luxury: CIBC World Markets
NEW YORK - CIBC - Investors wary of retail stocks amid a softening housing market can look beyond home-related companies to branded clothing and luxury retailers, says CIBC World Markets specialty retailing analyst Dorothy Lakner.
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Chancellor Appointed to Order of Canada
Guelph - University of Guelph Chancellor Pamela Wallin has been named to the Order of Canada, considered the country’s highest honour of lifetime achievement.
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Consumers' Association says "consumer protection" in Canada a joke
OTTAWA - Last week Canadians were informed that despite the recall by vigilant USA authorities of 450,000 defective tires manufactured in China, no such action could be contemplated for the same product imported into Canada.
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UpTown Waterloo Jazz Festival Celebrate it's 15 year
Waterloo - It's about Jazz in the Technology Capital -
Starting Thurs. July 12 the UpTown Waterloo Jazz Gala, featuring Emilie Claire Barlow.
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Celtel, EMS & RIM launch the BlackBerry solution in Kenya
Nairobi, Kenya, Dubai, and Waterloo, ON - Celtel Kenya launched the BlackBerry® Enterprise Solution from Research In Motion (RIM) (Nasdaq: RIMM; TSX: RIM) to mobile professionals in Kenya.
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Cooperation Needed to Address Caribbean Economic Challenges, CIGI Studies Conclude
Waterloo Caribbean nations need more robust cooperation within the region and with outside partners in order to address the pressing challenges of globalization. This recommendation flows from the first two studies of a new publication series launched today by the Centre for International Governance Innovation (CIGI).
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Nearly Half of Workers Have Misjudged an Employer's Culture, Survey Shows
TORONTO - Everyone wants a job that suits his or her work style and personality, but a new survey shows it's no easy task - for job seekers or employers. Nearly half (46 per cent) of administrative professionals said they have, at one time or another, misread a work environment.
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Most employees are just going through the motions
By Carol Kinsey-Goman
President
Kinsey Consulting Services
Calgary - It is time for a new social contract between employers and employees. Chances are, if your organization is like many others described in recent studies, half of your workers are doing just enough to get by, 25 percent are totally turned off and only one quarter are usefully engaged in building your organization and helping to meet your goals.
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Business cheques require changes to meet new Canadian specifications
Cheque Formats and Softwares May Require Modifications
OTTAWA - New specifications for Canadian cheque formats are now in effect. Businesses that are reprinting cheques or ordering a new supply should confirm the cheques comply with the specifications published by the Canadian Payments Association (CPA) in January 2005.
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Alberta companies search world for workers
By Maclean Kay
CALGARY - The repercussions from Alberta’s economic boom are literally being felt worldwide. As companies compete for talent, more and more Alberta companies have broadened their search to look beyond Canada’s borders for potential employees.
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Millennium Targets At Risk Without New Funds UN
“The world will struggle to meet the Millennium Development Goals (MDGs) on eradicating extreme poverty unless rich countries boost their international aid budgets, UN Secretary-General Ban Ki-moon said on Monday.
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Obstacles On The Road To Prosperity
In a commentary published in daily Bangkok Post, World Bank Lead Economist
Kazi Matin writes “Ten years on from the 1997 East Asian financial crisis,
Thailand is wealthier, has fewer poor people, is more integrated globally
and regionally and less vulnerable, externally and financially.
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