Current Issue - July 2006 - "Billion Dollar Marketplace" Subscribe here
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for Friday, August 11, 2006
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June 2006 |
Electrohome's business is principally that of a holding company with a 31% interest in Mechdyne Corporation (operating as Fakespace Systems - "Fakespace") which is the largest international company operating exclusively in the advanced visualization marketplace. The Corporation also receives royalty income under two licensing agreements for the use of the Electrohome brand name.
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May 2006
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 |
Repeat Order Confirms the Continued Building of Strong Customer Relationship
WATERLOO, ONTARIO - TurboSonic Technologies, Inc. (OTCBB:TSTA), a leading provider of air pollution control technologies, today announced receipt of an additional $2.75 million USD to the prior July 20th announcement of a $1.85 million USD new OEM system contract from an ethanol producer, bringing the total order size to $4.6 million USD.
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When asked how Research in Motion would add 10 million more subscribers to its BlackBerry service, Co-CEO Jim Balsillie certainly didn't seem too worried about the question. "We're focused on the fundamentals, driving the hardware, the channel, launching carriers," he said. "I don't want to sound cavalier, but it's about when--not if."
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HAMILTON, - Stelco Inc. (TSX:STE) reported EBITDA of $19 million and a net loss of $31 million or $1.14 per share for the second quarter ended June 30, 2006. A number of unusual items during the quarter negatively impacted EBITDA by $49 million and net income by $54 million.
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VANCOUVER and NEW YORK - Intrawest Corporation ("Intrawest" or "the company") and Fortress Investment Group LLC ("Fortress") announced that they have entered into a definitive agreement under which funds managed by affiliates of Fortress will acquire all of Intrawest's outstanding common shares at a price of $35.00 per share payable in cash.
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By Peter Love - Ontario's Chief Energy Conservation Officer
The August 14th 2003 Blackout has emerged as one of the most powerful instruments shaping our attitudes toward energy conservation in Ontario.
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June 2006 Previous releaseCanada's merchandise trade surplus grew in June as exports rose for the second time this year and imports slipped for the second month in a row.
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WILMINGTON, DELAWARE and MISSISSAGUA, ONTARIO - DuPont has named William B. White president of DuPont Canada. White succeeds Douglas W. Muzyka, who was named president of DuPont Greater China and DuPont China Holding, Co. Ltd. last month.
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... the HOTTEST new trend in Childhood Memorabilia is this years most sought-after, unique Gift Idea!!!
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“Mexico's Finance Ministry said Thursday that it upped the amount of loan
prepayments it will make to multilateral institutions to $9 billion and
also paid down $3.38 billion in sovereign debt.
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“US President George W. Bush launched a new global campaign on Thursday to combat kleptocracy, or rampant government corruption, which he said undermines democracy and development in poor countries.
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“Greenland's ice sheet is melting more rapidly than expected, according to
data obtained from two National Aeronautics and Space Administration
satellites that measure the gravitational pull of the earth's rivers,
mountains and glaciers.
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| Thursday, August 10, 2006 |
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WATERLOO -- The Carnegie Foundation has recognized the University of Waterloo's leadership in teaching and learning as well as St. Jerome's University's strong emphasis on the liberal arts, selecting both institutions to participate in the Carnegie Academy for the Scholarship of Teaching and Learning (CASTL) institutional leadership program.
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Recent Laurier graduate Michael Stark has a passion for research and development. Less than a year after graduating with an Honours degree in Computer Science, Stark has created an enhanced tire pressure monitoring system to be used for keeping an eye on the giant, earth-mover tires used on mining vehicles.
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KITCHENER - The City of Kitchener has released the results of its 'Help Design Downtown' public consultation process which gave residents the opportunity to shape an exciting vision for the look and design of Kitchener's Downtown.
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TORONTO - Sun Life Financial Inc. (TSX/NYSE: SLF) today announced that C. James Prieur, age 55, is leaving effective September 6, 2006, to assume the position of Chief Executive Officer of Conseco, Inc., a U.S. insurance company.
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CAMBRIDGE, ON - ATS Automation Tooling Systems Inc. reported its financial results for the first quarter of fiscal 2007 (three months ended June 30, 2006).
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TORONTO, - Growth of the $62.7 billion Canadian travel industry is on track and many sectors are expected to exceed 2005 figures, despite issues ranging from government changes, the Western Hemisphere Travel Initiative (WHTI), a higher Canadian Dollar and increased energy costs. Executives from Best Western International, the Tourism Industry
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When it comes to eating, if vulnerable elderly adults are left on their own, they are at a much greater nutritional risk, says a University of Guelph professor.
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UN special envoy for AIDS in Africa, Stephen Lewis, on Wednesday called
for rich nations to cancel the debts of the world's poorest countries to
help them fight against AIDS and HIV infections.
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The United Nations has approved a Chinese chemical plant's sale of
greenhouse gas emission credits to the World Bank in the largest-ever
emission reductions deal.
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| Wednesday, August 9, 2006 |
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Ontario homeowners, businesses say going green makes more 'cents' than ever
GUELPH, ON, - As oil, gas and electricity costs continue to climb with no end in sight, more Ontario homeowners and businesses are discovering that 'going green' with renewable energy solutions from Selectpower Inc. is paying off for both the environment and the bottom line.
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MARKHAM, ON - Osprey Media Income Fund announced today that it has sold its business consisting of the publication of telephone directories to Canadian Phone Directories Inc. of Coquitlam, British Columbia. The business consists of the publication of 27 independent telephone directories under the Helpful Pages and Leader brands in selected markets across Ontario.
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Company Significantly Increases Capital, Reduces Interest Expense, Extends Maturities
PLANO, Texas - As part of a plan to significantly reduce Safety-Kleen's annual interest expense and enhance the company's capital structure, Safety-Kleen HoldCo., Inc., has completed a major recapitalization of the company.
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TORONTO - The Canada Mortgage and Housing Corporation (CMHC) released Kitchener’s preliminary July housing starts data today. Total housing starts in the Kitchener Census Metropolitan Area (CMA) jumped 30 per cent from the same month last year. Construction began on a total of 441 homes this month, up from 340 units this time last year. This was the highest July showing for home starts in over thirty years.
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HOUSTON, TX - Corrosion control works. NACE International, a professional association for Leaders in Corrosion Control Technology, see the recent detection of a dozen possible instances of corrosion and the eventual shutdown of a BP pipeline as evidence of the benefits and importance of corrosion control.
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NIAGARA FALLS, ON - Ontario Power Generation announced that the world's largest hard rock tunnel boring machine, "Big Becky", has been fully assembled and will soon be ready to begin boring the 10.4 kilometre Niagara Tunnel.
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The value of building permits slipped marginally in June, but the decline would have been much sharper without a burst of industrial projects in Alberta.
Municipalities issued permits worth $5.3 billion in June, down 1.4% from May, as the value of construction intentions in both the residential and non-residential sectors declined.
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Second quarter 2006 Previous release
There were 1,067,000 Canadian businesses with employees in the second quarter, up slightly from the previous quarter and 2.1% higher compared with 1,045,000 businesses during the same quarter last year.
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Sales of refined petroleum products totalled 8 535 100 cubic metres in June, down 1.6% from June 2005. Sales decreased in five of the seven major product groups, with heavy fuel oil sales down 22.6% or 148 400 cubic metres.
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OTTAWA - The federal government's unwillingness to negotiate with its Financial Officers has forced the Association of Canadian Financial Officers (ACFO) to file for conciliation, says Milt Isaacs, ACFO's chair.
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TORONTO - The Canadian Auto Workers union is donating $50,000 to help with humanitarian relief in the Middle East.
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| Tuesday, August 8, 2006 |
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WATERLOO, ON - Virtek Vision International Inc. (TSX:VRK) ("Virtek" or the "Company"), a leading developer of precision laser-based technologies, today announced that the Company has been awarded a $1.9 million contract to supply FOBA DP50 inline laser marking systems to a large Chinese Manufacturer.
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Employment was unchanged for the second consecutive month in July, as gains in full time were offset by similar declines in part time. This leaves overall growth so far this year at 1.3% (+210,000), up from the 0.9% gain observed over the first seven months of last year.
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Open Text(TM) Corporation, a leading provider of Enterprise Content Management (ECM) software, announced today that its FirstClass division has released the latest version of its suite of integrated communications and collaboration software, theFirstClass Collaboration Suite, for learning organizations and businesses.
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WATERLOO, ON - Open Text(TM) Corporation, a leading provider of Enterprise Content Management (ECM) software, today announced that it has entered into a definitive agreement with Hummingbird Ltd. ("Hummingbird") under which Open Text will acquire through a wholly-owned subsidiary, all of Hummingbird's outstanding shares in an all-cash transaction valued at US$27.85 per share, or approximately US$489 million.
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OTTAWA, ONTARIO - Today's job numbers from Statistics Canada's Labour Force Survey suggest a somewhat weaker overall job market, even though the national unemployment rate remains quite low.
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GE Advanced Materials, Silicones today announced the launch of NXT Z(a) silane, a breakthrough material that helps manufacturers of silica tires reduce production costs, virtually eliminate ethanol emissions and produce a higher performing tire.
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UW Research + Technology Park, Waterloo, ON – CGI, a global leader in information technology (IT) and business process services, adds Waterloo to more than 100 office locations from which over 24,500 professionals serve clients in 16 countries.
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NRC Realty Advisors, LLC, announced today the hiring of Jeff Pomerantz as Vice President of Business Development.
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Michel Frappier, Chief Executive Officer of Ontario Media Development Corporation since 2002, has been seconded to the Toronto 2015 World Fair Corporation as Chief Operating Officer. He started his new duties on August 1.
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"International Monetary Fund (IMF) Managing Director Rodrigo de Rato yesterday unveiled an ambitious agenda for next month's annual meeting of the IMF and World Bank in Singapore - and said he hopes to see some key decisions made there.
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“The European Union's trade chief on Monday defended a decision not to
attend a summit in Australia designed to revive stalled global trade
talks,” reports Reuters.
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Ottawa - On this day of recognition for our country's peacekeepers, Canada, the cradle of international peacekeeping, has 2300 soldiers in Afghanistan fighting terrorism and insurgency under NATO chain of command and a mere 60 serving with UN Peacekeeping Forces.
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| Friday August 4, 2006 |
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Robert M. Quarry Major Contributor to Canadian Marketing Industry
WATERLOO - Robert MacGregor Quarry will be sadly missed and kindly remembered for his many triumphs in life after his passing on July 27, 2006. One of Quarry’s greatest passions in life was the dynamic world of marketing communications. With his entrepreneurial spirit, dedication and leadership, he carved the foundation of Quarry Integrated Communications.
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ATS Automation Tooling Systems Inc. announces appointments
Nelson Sims to ATS Board of Directors Robert Franklin first Executive
Chairman of Photowatt Technologies
CAMBRIDGE - ATS Automation Tooling Systems Inc. today announced two senior governance appointments. Nelson M. Sims has been appointed to ATS's Board of Directors, and Robert Franklin has been appointed the first Executive Chairman of Photowatt Technologies, the Company's solar operations.
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Honda of Canada Mfg. achieves milestone; produces its four-millionth vehicle
ALLISTON - Honda of Canada Mfg. announced the
production of its four-millionth vehicle. A red 2006 Honda Civic sedan rolled
off the assembly line to mark the milestone. The Honda Civic, which begins its
19th year of production in Canada this fall, has been Canada's best-selling
passenger car the past nine consecutive years, and remained the country's
top-selling car through the first half of 2006.
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Mega Trio of exchanges dominates new markets listings according to a new Grant Thornton study.
TORONTO - Growth markets continue to offer favourable conditions for fledgling and high growth companies, with global new markets supporting companies with a combined market capitalization of US$4,222bn during 2005. The trend for polarization within these exchanges is evident however and the past three years has seen clear blue water separate NASDAQ, TSX-V and AIM from other new markets in terms of companies listed, according to Grant Thornton's 2006 Global new markets guide - insight into international capital markets.
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Canada Revenue Agency and the IRS Unravel Cross-Border Tax Scheme
OTTAWA - Officials of the Canada Revenue Agency (CRA) and the United States Internal Revenue Service (IRS) August 3 announced significant progress in unraveling an abusive cross-border tax scheme. This effort stems from leads and information first developed by the Joint International Tax Shelter Information Centre (JITSIC).
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World Bank Funds New Technology To Clean Up China's Air
"The World Bank announced Wednesday its latest venture designed to help clean up the noxious air pollution belched out by China's coal-fuelled
homes and factories," reports Agence France Press.
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| Thursday August 3, 2006
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U.S. economic slowdown will leave footprints on Canada's industrial landscape, say TD Economists
TORONTO - The imminent U.S. economic slowdown will leave various footprints on Canada's industrial performance. Industries highly exposed to the U.S. market such as manufacturing will expand slowly. Happily, Canada's strong economic diversification will help prevent the nation from feeling the full affects of a slowdown south of the border. Service-related industries will perform well because they are less vulnerable to U.S. economic activity and benefit more from healthy domestic conditions.
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Growth in Canadian International Air Traveller Numbers an Impetus for Air Policy Reform
OTTAWA - Much has been made in recent weeks about the decline in tourists coming to Canada due to the high Canadian dollar. But for Canada's airports, an increase in both overseas travellers and outbound Canadians are adding up to continued international traveller growth. The association representing Canada's airports says these results are further proof that Canada needs to reform its international air policy and pursue Open Skies agreements if the country is to realize its full potential for inbound and outbound travel.
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Rogers launches fastest Internet modem speed setting for residential market: 18 megabits per second.
TORONTO - Rogers Cable Communications today announced plans to launch an even faster new Rogers Yahoo! Hi-Speed Internet service, which will offer customers the fastest residential service. Rogers Yahoo! Hi-Speed Elite will provide a speed of up to 18 megabits per second (Mbps) and will be made available in Q4, 2006.
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Local health leaders selected for national fellowship
KITCHENER-WATERLOO - Ms. Inta Bregzis, Director, Quality and Risk Management Division at the Centre of Waterloo Region and Mr. Patrick Gaskin, Executive Vice President and Vice President, Regional Cancer Services at the Grand River Hospital have been selected as two of 26 participants in a prestigious national healthcare fellowship program-Executive Training for Research Application (EXTRA).
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Public school indicators 1997/1998 to 2003/2004
The report Summary Public School Indicators for the Provinces and Territories, released today, provides a comprehensive examination of public school indicators for the provinces and territories from 1997/1998 to 2003/2004.
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Study: Health and health care use in Canada and the United States
2003
Americans in the lowest income groups are much more likely than their Canadian counterparts to be in fair or poor health, according to a study comparing health status and access to health care services between the two nations.
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When is junior moving out? Transitions from the parental home to independence
by Pascale Beaupré, Pierre Turcotte, and Anne Milan
Children obtain most of their early socialization at home with their parents, where they acquire the experiences and ideas that will influence their adult years.1 Consequently, leaving the parental home is a significant event for both parents and children. For the parents, it may represent relief, pride in having fulfilled their parental role, and joy at seeing their children move towards greater independence. For the children, the first departure is a symbolic marker as they make the transition from youth to adulthood.
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Study: Fleeing the parental nest to independence 2001
Young adults are taking longer to leave the parental nest than their parents did, according to a new study examining transitions out of the home across five generations. The study, published today in the August 2006 electronic issue of Canadian Social Trends, focuses on early baby boomers born between 1947 and 1956, and Generation X born between 1967 and 1976.
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CIOs Place Increased Weight on Business Acumen When Evaluating Job Candidates
TORONTO - Those seeking employment in the technology sector
should hone their business skills, a new survey suggests. Forty-three per cent of chief information officers (CIOs) polled said they are placing greater emphasis today than five years ago on job candidates' knowledge of business fundamentals when considering them for information technology (IT) positions.
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Slash the Knot: How to Uncover and Overcome Your Biggest Obstacles
By Kevin Lawrence, Business Coach
www.CoachKevin.com
What does Alexander the Great have in common with Richard Branson, Michael Dell and Jim Pattison? Alexander the Great lived only 33 years – from 356 to 323 B.C. But in that short time, Alexander forged the greatest contiguous empire the world has ever known, stretching from south-eastern Europe to Egypt, and east as far as India.
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RONA CAPS WHIRLWIND WEEK WITH THE OPENING OF THREE NEW BIG BOX STORES
$77 million dollars total investment and 600 jobs created
Boucherville (Québec) - RONA's fast-paced and focused growth throughout the country was much in evidence in the last week, as Canada's leading distributor and retailer of hardware, home improvement and gardening products, opened three new big-box stores in a seven-day span.
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Japan To Propose 16-Nation Free Trade Area In Asia
“Japan will officially propose establishing a 16-nation free trade area
(FTA) in the Asian and Oceania regions during a ministerial meeting of the
Association of Southeast Asian Nations (ASEAN) and its partners, scheduled in Kuala Lumpur, Malaysia, in late August,” reports Asia Pulse
(Australia).
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Wednesday August 2, 2006
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Conestoga a Partner in First College Network for Industrial Innovation
KITCHENER, - In the first funding award of its kind, the Ontario Ministry of Research and Innovation has awarded $3.5 million to ten colleges under the Ontario Research Commercialization Program (ORCP) to help build college capacity for industry-focused research and commercialization.
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ARISE secures $284,748 contribution from Emerging Materials Knowledge Network
WATERLOO REGION, ON, - ARISE Technologies Corporation is pleased to announce that it has secured a $284,748 cash contribution from the Ontario Centres of Excellence (OCE) Inc. Emerging Materials Knowledge (EMK) Network for its photovoltaic (PV) research program being carried out in collaboration with the University of Toronto (U of T) and Komag, Inc. This contribution is a result of transferring the final year of the PV research program to the EMK Consortium from OCE's Centre for Materials and Manufacturing.
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The Beer Store Orders Another Round of NCR Managed Services
Five-year, multi-million dollar contract renewal taps into NCR’s services expertise at the point-of-sale
MISSISSAUGA, Ontario – The Beer Store, the primary distribution and sales channel for beer in Ontario, has tapped NCR to provide managed service support for its multivendor information technology (IT) environment that includes point-of-sale (POS), server and networking equipment. The five-year, multi-million dollar contract represents a renewal of an existing managed services agreement between the two companies and the continuation of a services partnership that began more than 10 years ago.
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General Social Survey: The Internet and the way we spend our time 2005
Heavy Internet users lead a considerably different lifestyle than individuals who do not surf the Web, according to a new study examining its impact on Canadians.The findings come from the 2005 General Social Survey on time use, which asked respondents to provide a detailed account of all of their activities over a 24-hour period.
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Honda Canada sales for July 2006
Honda Ridgeline and Honda Element set monthly sales records
TORONTO - Honda Canada Inc. reported combined sales of 14,845 units by its Honda and Acura divisions for July, down 3 per cent from last year. Acura Division reported sales of 1,617 units, down 15 per cent, and Honda Automobile Division sales were 13,228 units, down 1 per cent.
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Audi Canada marks best July ever
AJAX, ON - Today Audi Canada announced its July sales result of 700 new Audis sold, a 10.8% increase over the 632 units sold in July 2005. This marks the best result for the month of July in the history of Audi Canada and the best first seven months ever. The previous July sales record was 697 units sold in 1986.
These results were driven by continued success of the Audi A3 whose sales
increased by 12.4% compared with July 2005. A6 sales climbed by 16.1% compared
to July 2005, and A8 sales also increased by 21.1%. The A4 model range
increased by 7.6% over the same period last year.
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Ontario sets new record for peak demand
TORONTO - Ontario set a new all-time record for electricity demand of 27,005 megawatts (MW) at 5:00 p.m., exceeding the previous record of 26,160 MW set on July 13, 2005, reported Ontario's Independent Electricity System Operator (IESO).
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Nissan Canada Inc. July Sales Results
New Versa Hatchback leads NCI to sales increase of over 10%
MISSISSAUGA - Nissan Canada Inc. (NCI) released its
sales figures for July, 2006 today. The total sales figure for both Nissan and
Infiniti brands was 5,569 units, an increase of 542 units (10.8%).
In its first month in dealerships, the Nissan Versa Hatchback sold 715
units to lead all Nissan sedans.
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CAW Files Bargaining Complaint Against Durham Region Transit
OSHAWA, ON - The Canadian Auto Workers union is urging Durham Region Transit to return to the bargaining table in an effort to resolve the outstanding issues in negotiations with CAW Local 222 and its 300 members.
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Today (August 1) Eyelight turns 20!
Back in 1986 Ron and Debbie opened the doors of Eyelight at 560 Queen Street South, Kitchener. Today that building no longer exists, but Eyelight continues to provide Creative Marketing Services to the Region and surrounding area.
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Conestoga’s Continuing Education Courses, Services Rate Highly
Since 1995, Compustat Consultants Inc. has conducted periodic quality and satisfaction surveys across Ontario, to measure the performance of the province’s public colleges in the area of part-time adult continuing education.
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General Motors of Canada July Sales
(July 2006 had 25 selling days and July 2005 had 26 selling days)
OSHAWA, ON - For July 2006, General Motors of Canada dealers delivered 32,869 vehicles, down 24.2% over the same month last year. Passenger car sales for the month were off 26.8% to 15,528 units, and trucks were off by 25.2% to 17,341 units.
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Toyota Canada: Best July ever - Consecutive record sales from Toyota and Lexus divisions
TORONTO - Toyota Canada Inc. (TCI) on August 1 announced that it set a new July sales record, thanks to best-ever July performance from both the Toyota and Lexus divisions. TCI sold a total of 18,137 units, a 16.4 per cent increase over last July. The seven consecutive monthly sales records also mean that TCI continues its record Year-to-Date (YTD) sales pace, with 117,817 units ahead of 2005 by 13.5 per cent. It was a new July record for the Toyota Division, with sales of 17,110 units, up by 15.2 per cent over last July. Record YTD Toyota sales of 110,942 units are up by 12.9 per cent.
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Volkswagen Canada July 2006 sales results
AJAX, ON - Volkswagen Canada sales totalled 3,347 new units for July 2006, compared with 2,987 new units in July 2005. There has also been an increase in YTD sales from 16,980 in July of 2005 to 18,785 in July of 2006, a jump of over 10%. The monthly total is comprised of: 191 New Beetles, 181 Golfs, 156 GTIs, 817 Rabbits, 1,697 Jettas, 257 Passats, and 48 Touaregs.
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DaimlerChrysler Canada Reports July Sales
WINDSOR, ON - DaimlerChrysler Canada today reported a total of 18,642 units sold in July, including 4,759 cars and 13,883 trucks. Compared to the record-setting July, 2005, sales for the month are down 13.7 per cent. Car sales for July 2006 decreased 7.9 per cent and truck sales decreased 15.6 per cent. Both comparisons are impacted by the unusually high July 2005 sales, when employee pricing for all consumers was offered for the first time in Canada. DaimlerChrysler Canada's unique marketing and incentive programs will continue to support sales through August.
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Is A Franchise For You?
You’re thinking of buying a franchise, but you don’t know where to start. What should you consider before making the final decision? “With a franchise, remember that you are entering into a partnership and you want to make sure that partnership will work,” advises Chartered Accountant Marvin Martenfeld, Partner with DMCT LLP in Toronto. “A franchise is a marketing technique to distribute products or services, based on a legal contractual relationship.
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First steam generator ready for Bruce A Restart Arrival of new boilers major milestone in project to restart Units 1 & 2
TIVERTON, ON - The first of 16 massive steam generators destined for the Bruce A generating station is set to be delivered later this week, marking a major milestone in the project to restart Units 1 and 2.
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Selling Your Business
Planning to sell your business? Start soon and you can simplify the selling process, negotiate a fair price, and leave your business in good hands. “Selling your business is like getting your house ready to sell,” says Chartered Accountant Robert Sproule, Founding Partner, R.I.Sproule and Associates Ltd., in Ottawa. “Just as you tidy your house to make sure it shows well, you should also get your business ready to sell by ensuring that the your financial statements are tidy, accessible and straightforward.
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Survey: Employees and Managers weigh in on Water Cooler Chats
TORONTO - The gift of gab can lead to improved work
performance, according to employees, but managers may beg to differ. In recent
surveys, 40 per cent of workers said water cooler conversations increase
productivity by providing opportunities for employee bonding; only 29 per cent
of Canadian executives and 21 per cent of US executives agreed.
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Canada and Italy to Study Joint Hyperspectral Mission
LONGUEUIL, QC, - The Canadian Space Agency and the Italian Space Agency today announced they will collaborate on a feasibility study to evaluate the viability of a future joint Hyperspectral Space Mission. The announcement follows the signing last year of a long-term agreement between Canada and Italy to formalize continued cooperation in space-based Earth Observation.
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Tuesday August 1, 2006
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Bruce Power announces breakthrough hydrogen economy study with the University of Waterloo
TIVERTON - Bruce Power is pleased to announce, on July 31, that it has formed a partnership with one of Canada's top universities to establish the Bruce Power Hydrogen Economy Development Study at the University of Waterloo.
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Alberta's economy in a league of its own
OTTAWA - Alberta's economy is expected to grow by a
spectacular 6.6 per cent in 2006, and high energy prices mean that the torrid
pace is unlikely to subside any time soon, according to the Conference Board's
Provincial Outlook - Summer 2006.
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Boomers Bear the Health Burden of Smog
Ontario's aging population will be hit the hardest by the health impact of smog.
TORONTO - Ontario Doctors are warning the baby boomer
population about the dangers smog can have on their health. Alarming new data
released today by the Ontario Medical Association (OMA) shows that almost
6,000 Ontarians will die prematurely due to smog.
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Payroll employment, earnings and hours - May 2006
The average weekly earnings of payroll employees increased $2.96 (+0.4%) from April to May to $749.94 (seasonally adjusted). This brings the year-to-date growth in earnings to 4.1%. This annual rate of change is obtained by comparing the average weekly earnings of the first five months of 2006 with the average of the same months of 2005.
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Canada's new government helps to match foreign skilled workers with companies in need
CALGARY - The Honourable Monte Solberg, Minister of Citizenship and Immigration, today announced the creation of temporary foreign worker units in Calgary and Vancouver on a pilot basis, effective September 1, 2006.
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Gross domestic product by industry May 2006
Economic activity remained essentially unchanged in May, edging up 0.1% in both March and April. Goods production declined (-0.5% in May) for a third straight month, more than offsetting the gain in services (+0.2%). Except for a slight advance in the manufacturing sector, the main goods producing sectors (mining, oil and gas extraction and construction) declined in May. For services, the largest gains were registered in wholesale trade, the financial sector and public administration. Retail trade was down.
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New Arts Festival Investment Boosts Tourism And Cultural Capital
$2Million Provincial Investment Will Build On Toronto's Cultural Momentum
TORONTO - The McGuinty government is boosting tourism and supporting cultural industries by investing $2 million to help develop the 2007 Toronto Festival of Arts, Finance Minister Greg Sorbara announced July 31.
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10,000 Hydro One customers order PowerCost Monitors; more free units available to qualified customers
TORONTO - Hydro One customers in northern Ontario
have acted quickly and ordered 10,000 of the electricity monitors that Hydro
One is giving away for free. The handy little devices that help homeowners
save on their hydro bills are being ordered at a steady pace and units are
still available for those customers who haven't yet ordered theirs.
In total, 30,000 units are being made available on a first come first
served basis to Hydro One residential customers in northern Ontario.
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Computer and peripherals price indexes May 2006
The index for commercial computers declined 0.5% from April to 37.2 (2001=100). The index for consumer computers fell 1.0% to 19.1.
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Podcasting Taking a Hold in Canada First Comprehensive National Survey Shows Traction of New Media
Toronto - With the objective of understanding podcast growth and adoption in Canada, the first comprehensive podcasting survey has wrapped up and results are currently available at www.canadianpodcastlistenerssurvey.ca. Of particular note, survey findings indicate podcast listeners in Canada are almost evenly split between men and women, 59 per cent of podcast listeners are between 25-44 years old, and the baby boomer generation is embracing podcasting at almost double the rate than those under 24.
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Crude oil and natural gas: Supply and disposition May 2006
Crude oil and equivalent hydrocarbon production edged down 0.3% compared to the same period last year — the first percentage decline in year-over-year production since last December. The drop in production was largely a result of a decrease in crude bitumen (-14.3%) production in Alberta, due to a major turnaround at an oil sands field. Another contributing factor to the overall decline was a nearly complete shutdown of the Terra Nova oil field in Newfoundland and Labrador as a result of planned maintenance. Crude production and equivalent hydrocarbons declined 4.9% from April to May.
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PUNCH CHOOSES WATERLOO REGION NON-PROFIT ORGANIZATIONS TO RECEIVE FREE CREATIVE SERVICES
Cambridge, ON. — 11 Waterloo
Region non-profit
organizations will be the
beneficiaries of free
advertising and marketing
services provided by Punch
Integrated Communications Inc.
in its first annual
CreateAThon®. The 24-hour
work-around-the-clock effort
will begin Thursday, September
14th.
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Canada's Birth rate for 2004
Canada's crude birth rate (the number of live births for every 1,000 people in the population) edged downward to another record low in 2004 — despite a second straight increase in the number of live births.
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Elsevier and the Institution of Chemical Engineers Announce Publishing Alliance
AMSTERDAM, THE NETHERLANDS - Elsevier, a leading publisher in science and technology, has entered into a partnership with the Institution of Chemical Engineers, IChemE, to publish and create books in the Butterworth-Heinemann imprint that will reach the engineering community worldwide. Titles published under this co-branding program will cover key chemical, process engineering and related subjects and be written by leading experts in their fields.
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World Briefs July 31, 2006
Agence France Presse (07/28) writes that Ghana's
President John Kufuor left Accra at the head a high-powered delegation
late Friday to sign a five-year, $547 million aid package to help his
country develop agriculture and alleviate poverty for 1.5 million people,
officials said. The grant will be the largest offered so far through the
United States Millennium Challenge Corporation (MCC), established in 2004 as part of a US effort to help developing nations.
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Monday July 31, 2006
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Governments Increasingly Using Benchmarking to Improve Performance, Accenture Global Survey Finds
TORONTO - Governments at all levels are increasingly using benchmarking tools to improve organizational performance, although most see room for improving their benchmarking capabilities, according to a global study released Jul 31 by Accenture. Entitled "Assessment of Benchmarking Within Government," the study, based on a survey of more than 230 government executives in 10 countries, looked at the extent to which government organizations currently conduct benchmarking, the different benchmarking models used, the results, and plans for future activity. It also assessed leading practices and the benefits of using them. Benchmarking - which compares the efficiency and effectiveness of a process or processes in one organization to those in other organizations - is often used by private-sector firms to help lower costs while improving the performance of administrative services such as finance, human resources, payroll, procurement/supply chain, and information technology.
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Co-operators General Insurance Company reports second quarter 2006 profit of $49,629,000
GUELPH, ON, July 28 /CNW/ - Co-operators General Insurance Company today announced its financial results for the quarter ended June 30, 2006. For the second quarter, the Company reported consolidated after-tax net income of $49.6 million, compared to the $32.4 million profit for the same period in 2005.
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Germany Plans To Shake Up G8 Agenda
“Germany is to lead the Group of Eight (G8) leading industrial nations away from its focus on development issues when it assumes the rotating presidency next year. Instead, Angela Merkel wants next year’s G8 summit to focus more tightly on global economic matters, not least the issue of global imbalances,” reports The Financial Times (UK).
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Marijuana May Provide Nausea Relief to Chemo Patients, Prof Finds
A University of Guelph psychology professor has discovered that marijuana may help prevent anticipatory nausea – relief that many cancer chemotherapy patients can’t obtain from existing anti-vomit and anti-nausea drugs.
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Discovery May Provide Clues to Origins of Life
A new microbe that may hold clues to the origins of life on a harsh, young Earth has been discovered by an international team of scientists including a University of Guelph microbiologist.
Besides opening a window on the beginnings of life on Earth and the search for life on other planets, the researchers have found that primitive organisms thriving in extremely hot, acidic conditions may be important players in cycling crucial elements such as sulphur and iron at deep-sea vents.
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Ontario To Better Protect Workers Against Hazardous Substances
Tougher Exposure Limits Would Help Workers
TORONTO - The Ontario government is strengthening
protection for workers by proposing new or updated occupational exposure limits for 27 hazardous substances, Labour Minister Steve Peters announced July 28. "Protecting the health and safety of Ontario workers is a priority for our government," said Peters. "Exposure to hazardous substances can cause occupational illness, which impacts on individuals and families as well as businesses. That is why we are updating Ontario's exposure limits based on the most current information available."
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