CAMBRIDGE - COM DEV International Ltd. on July 27 announced it has been awarded an Authorization to Proceed (ATP) valued at US $5.2 million (approximately CDN $5.9 million) to commence the design and manufacture of equipment for a European military communications satellite program. COM DEV expects the ATP to lead to a full contract valued at US $18.0 million (approximately CDN $20.5 million), with work carried out over the next 17 months at the Company's facilities in Cambridge, Ontario, and Aylesbury, UK.
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WORLD RECORD LARGEST SMOOTHIE GETS BROKEN AND PROCEEDS DONATED TO CANADIAN CANCER SOCIETY

Kitchener, Ontario — after 7 blenders, 3.5 hours of blending and over 25 000 ounces of smoothie (740 litres), one of the Booster Juice stores in Kitchener broke the current record for the World’s Largest Smoothie. To break this record Booster Juice had to surpass the previous record of 333 litres!
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OTTAWA, ONTARIO - The Competition Bureau announced on July 27 stated that it has reached a settlement with one of Canada's largest retailers of men's apparel, Grafton-Fraser Inc., resolving the Bureau's concerns over the company's pricing practices. Grafton-Fraser operates over 180 corporate stores under the banners of George Richards Big & Tall, Grafton & Co. (Stonehouse), Mr. Big & Tall, The Suit Exchange, Timberland and Tip Top Tailors. The settlement comes in the form of a Consent Agreement which was registered today with the Competition Tribunal.
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Premiers must engage the federal government to restore funding cuts to post-secondary education

Billions owed to provinces in cash transfer payments

St. John's, NL, - Canada's premiers must collaborate with the federal government to develop a national vision for post-secondary education that includes massive re-investment in core transfers to the provinces. Little progress has been made on the post-secondary education commitments made last year by the Council of the Federation; students are calling on the premiers to use the opportunity of this meeting to reaffirm the importance of affordable education.
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MONTREAL - New data presented in the latest Taking Stock report from the Commission for Environmental Cooperation (CEC) show that industrial chemical releases fell by 20 percent in North America between 1998 and 2003, including a reduction in releases to air of 21 percent.
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With rising costs and depleting supplies of fuel, as well as the negative environmental consequences associated with the use of fossil fuels, scientists are studying the viability of biofuels, which are sourced from agricultural products.
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RDM Corporation announces 50% revenue growth in third quarter of 2006

- Digital Imaging business more than doubles over prior year

WATERLOO - RDM Corporation , a leading developer of specialized software and hardware products for electronic payment processing, today reported its financial results for the three months ended June 30, 2006.
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“Indonesia needs to help small businesses by cutting red tape and improving their access to capital in order to tackle the country's high jobless rate, a senior economist at the World Bank said on Wednesday,” reports Reuters.
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Toronto lands three major U.S.-based conventions

Expected to generate $25.8 million in spending in Toronto area; U.S. convention business growing, defying trend in leisure market

TORONTO - Tourism Toronto and the Metro Toronto Convention Centre (MTCC) announced today that Toronto has won bids to host three new U.S. meeting groups. Barbershop Harmony Society, Federal Express Corporation, and Federation of Societies for Coatings Technology will host their meetings in Toronto.
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Bruce Power sets new production mark in first half of 2006

Unit 6 leads the way with 98 per cent capacity factor

TIVERTON - Bruce Power generated more electricity during the first half of 2006 than any time in its five-year history, increasing production by nearly 15 per cent compared to the first six months of 2005.
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New Officers Hired Through Safer Communities – 1,000 Officers Partnership Program

WATERLOO REGION — John Milloy, MPP for Kitchener Centre was pleased to welcome Community Safety and Correctional Services Minister Monte Kwinter to Waterloo Region on July 26. The Minister came to our community to highlight that the Waterloo Regional Police Service will soon have hired 41 new police as a result of the McGuinty government’s Safer Communities – 1,000 Officers Partnership program.
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Monthly traveller accommodation services price indexes for the second quarter of 2006 are now available. These indexes, which measure price movements of accommodation services, reflect changes in room rates, excluding all indirect taxes, for overnight or short stays, with no meals or other services provided.
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Bell Globemedia and CHUM Limited Announce Mailing of Offer and Take-over Bid Circular Together with Directors' Circular

TORONTO - Bell Globemedia Inc. ("BGM") and CHUM Limited ("CHUM") jointly announce that Bell Globemedia Acquisition Corporation has mailed to shareholders of CHUM its Offer and Take-over Bid Circular
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Monthly Survey of Manufacturing May 2006

A big boost in the production of aerospace products overshadowed an otherwise weak May for manufacturers.

Shipments advanced 0.3% to $50.9 billion in May, on the heels of widespread gains in the aerospace industry. The production of aerospace products and parts soared 79.8% to $1.6 billion in May, following a 36.6% drop in April.

Aerospace manufacturers work through orders

Global demand for domestic and military-related aircraft and parts has been fuelling the strength in aerospace manufacturing since early 2005. Loaded with orders, aerospace production has been quite volatile in recent months, and has contributed to investment in plants and the hiring of additional staff in the once beleaguered industry.
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Waterloo Region Welcomes over $763, 800 in Ontario Trillium Foundation Grants

Kitchener Centre MPP John Milloy welcomed $763, 800 in Ontario Trillium Foundation (OTF) funding on July 26 for ten local organizations impacting Waterloo Region.
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2005 a Challenging Year for Global Forest and Paper Products Industry:

VANCOUVER - 2005 was a challenging year for the global forest and paper industry, according to PricewaterhouseCoopers' (PwC) ninth annual Global Forest, Paper and Packaging Industry Survey, released today. Return on capital employed (ROCE), a key measure of performance in this capital-intensive industry, fell to an average of 4.5% in 2005 from 5.3% in 2004. This is far from the target of 10 to 12%.
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WATERLOO - Maplesoft(TM), the leading provider of high-performance software tools for engineering, science and mathematics, announced today the availability of the DynaFlexPro(TM)/Tire module. DynaFlexPro is a Maple(TM)-based tool for modeling and simulating the dynamics of complex mechanical multibody systems such as mechanisms, robots and machinery.
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Reuters News Alert July 26, 2006
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ODESSA, ON - Loyalist Township today approved an agreement to sell approximately 150 acres of industrial zoned land in the Taylor Kidd Industrial Park to Upper Canada Ethanol Inc. ("UCE"). UCE is intending to construct a $200 million fuel ethanol plant. The plant will produce 400 million litres of ethanol annually and will be one of the largest ethanol production facilities in Canada.
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TORONTO - Sears Canada Inc. on June 27 announced its unaudited second quarter results. Total revenues for the 13-week period ended July 1, 2006 were $1.428 billion compared to $1.522 billion for the 13 weeks ended July 2, 2005, a decrease of 6.2%. The decrease in revenues was primarily due to the sale of the Credit and Financial Services operations in the fourth quarter of 2005. Same store sales decreased 3.0%.
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OTTAWA - On July 25 Zarlink Semiconductor Inc. released results for the Fiscal 2007 first quarter ended June 30, 2006, prepared in accordance with U.S. Generally Accepted Accounting Principles (GAAP).
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TORONTO - As Canada's premiers enter the Council of the Federation's annual meeting this week, the Registered Nurses' Association of Ontario (RNAO), asks them to address three types of imbalances: fiscal; social and environmental.
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VANCOUVER - The Certified General Accountants Association of Canada (CGA-Canada) welcomes the Canadian Public Accountability Board's (CPAB) decision to accept the CGA Independence Standard, giving effect to the required rule change as of June 20, 2006.
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TORONTO - Miller Thomson LLP, Canada's tenth largest law firm, has announced that eight lawyers have joined the firm to form a London, Ontario office, effective August 1, 2006. The four partners in the office, F. Glenn Jones, A. Duncan Grace, Anthony G. J. Van Klink and John Downing, are all well known members of the London legal and business community.
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Less than half of Ontario’s high school students take physical education classes after Grade 9, and only a fraction are involved in school sports and recreation programs, a new study by a University of Guelph professor reveals.
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Lately, you feel a palpable sense of stress when you walk into your office. People are tense and not smiling. Nerves are stretched to the breaking point. Everyone operates in marathon mode, getting into the office early, working through lunch, and putting in one late night after another. And yet, despite the jackrabbit pace, important tasks aren't getting done. That's not surprising. There is a strong link between stress and lack of productivity--and the problem is more widespread than you might think.
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Are You Ready For Adventure?

Waterloo - HEARTWOOD PLACE will hold The Amazing Race for Heartwood Place on Saturday, September 16, 2006. This event, similar to The Amazing Race reality TV show, will take place across the Waterloo Region. Through the creation of two routes—one for families and one for teams of four adults—we will create an enjoyable event for our participants, while raising money for a very good cause.
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BEIJING - China intends to launch a satellite aimed at developing super space-enhanced fruit, vegetables and other crops, as it seeks ways to expand the nation's food production, state press said Monday. The Shijian-8, a recoverable satellite, will be launched aboard a Long March 2C rocket in early September, for a two-week mission that will expose 2 000 seeds to cosmic radiation and micro-gravity, the China Daily reported.
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Results could influence energy conservation, pollution reduction initiatives

WATERLOO - Students from 12 Shad Valley summer programs across Canada recently delivered results of an important light pollution beta-test initiative to the Canadian Space Agency (CSA). A shuttle launch planned for the end of August will see Canadian astronaut Steve McLean performing the same experiment on behalf of the CSA and NASA from beyond earth's atmosphere. Called the Canada/US Air Quality and Light Pollution Project, it will engage youth across North America before the next shuttle launch, scheduled for late August.
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M1 launches Singapore's first UMTS-enabled BlackBerry handset

Singapore and Waterloo, ON - M1 and Research In Motion (RIM) (Nasdaq: RIMM; TSX: RIM) have launched Singapore’s first UMTS-enabled BlackBerry®handset - the BlackBerry 8707vTM.
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Rogers' 6.2 million wireless customers among more than 2 billion GSM subscribers worldwide

TORONTO - Rogers Wireless today announced that this month marks the five year anniversary of the launch of its GSM (Global System for Mobile Communications) network in Canada. Since Rogers launched the service in July 2001, the global GSM subscriber base has quadrupled from approximately 500 million to more than two billion subscribers, while the Rogers Wireless subscriber base has increased from 2.7 million to more than 6.2 million wireless voice and data customers.
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Aircraft movement statistics June 2006

Aircraft take-offs and landings increased in June, surpassing the level recorded the same month a year earlier by 4.1%. The 42 Canadian airports with NAV CANADA air traffic control towers reported 406,811 aircraft take-offs and landings in June, up from 390,620 movements in June 2005.
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TORONTO - Studies conducted among college students show a new generation of trans-fat free, "high oleic" canola oils can ease the transition away from partially hydrogenated oils. When college students return to campuses this fall, they won't just be cracking open new books, they'll be cracking open new cafeteria menus, too...menus that are trans-fat free.
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On July 24 WLU announced Dr. Ruth Cruikshank, a professor from Laurier’s school of business and economics (SBE), has been appointed faculty associate for educational development. During her three-year appointment, Cruikshank will provide teaching-related support to all departments, faculty and teaching assistants. Her range of responsibilities will augment existing educational development programming by assisting the office of teaching support services in responding to the needs of faculty and students across the university.
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Are You Ready For Adventure?

Waterloo - HEARTWOOD PLACE will hold The Amazing Race for Heartwood Place on Saturday, September 16, 2006. This event, similar to The Amazing Race reality TV show, will take place across the Waterloo Region. Through the creation of two routes—one for families and one for teams of four adults—we will create an enjoyable event for our participants, while raising money for a very good cause.

Tax Memo: New Dividend Tax Regime Print-friendly version

Draft legislation released by the Department of Finance on June 29, 2006 implements the 2006 federal budget proposal that reduces personal taxes on “eligible dividends” paid after 2005. The proposal was initially released by the previous government in an announcement made on November 23, 2005.
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Laurier has adopted a new student response system called i>clicker that will be implemented in classrooms for the coming fall semester. Student response systems – commonly known as “clicker technology” – represent an evolving in-class student polling technology which will allow faculty to poll their students with multiple-choice questions to keep the students engaged in the material or determine whether students understand concepts during lectures.
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Laurier will be moving to a new version of WebCT, Campus Edition 6.0 (CE6), on September 1, 2006. With this move, Laurier will enter into an additional three-year commitment to use WebCT as the university’s supported learning management system (LMS).
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Certicom Security for Silicon Design Protection combines multi-stage authentication and key generation to protect IP and secure offshore manufacturing process

MISSISSAUGA - On July 24, Certicom Corp. launched Certicom(R) Security for Silicon Design Protection(TM) to help fabless semiconductor designers protect proprietary chip designs and reduce the growing problem of illicit surplus chip manufacturing for the gray market.
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The United States Continues its Reign as Top Spam-Relaying Country Even as Zombie Computers Gain European Momentum

LYNNFIELD, Mass. -- Sophos, a world leader in integrated threat management solutions, has published its latest "Dirty Dozen" report on the top twelve spam-relaying countries during the second quarter of 2006. Based on analysis of all spam messages received in the company's global network of spam traps, experts at SophosLabs noted that for the first time in more than two years, the United States has failed to further decrease its spam-relaying problem. The United States remains at the top of the chart, accounting for 23.2 percent of the world's spam, while its closest rivals China and South Korea both managed to notably reduce their statistics since Q1 2006.
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