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____ Summer Week 1 - July ____



Circulation: Exchange Morning Post is currently in it's summer distribution schedule ,
distributed weekly, every Thursday from June 29 - September 4

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Google(x)

Chris Urmson: How a driverless car sees the road

Chris Umson is the Director of Self-Driving Cars at Google[x]. Statistically, the least reliable part of the car is ... the driver. Chris Urmson heads up Google's driverless car program, one of several efforts to remove humans from the driver's seat. He talks about where his program is right now, and shares fascinating footage that shows how the car sees the road and makes autonomous decisions about what to do next.Since 2009, Chris Urmson has headed up Google’s self-driving car program.


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Demutualization

Economical announces enactment of federal P&C demutualization regulations

Waterloo — Economical Insurance announced yesterday that the Department of Finance has published final regulations for the demutualization of federally-regulated mutual property and casualty (P&C) insurance companies.

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New Ground to Serve Community

Rebuild Haven House Ground Breaking Celebration

Cambridge, ON- Women’s Crisis Services of Waterloo Region (WCSWR) held a ground breaking ceremony today to celebrate the start of construction of “Haven House”, a 45-bed shelter for women and children who are victims of domestic violence and abuse in the Region of Waterloo.

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Open Source

Grateful Dead Open Source Business Model One of the Most Successful

The Dead was one of the first and most successful open source business models - By Gary Carmell

Yes, I am a fan of the Grateful Dead. There was a period of time when they occupied an important part of my life when I was traveling to see many shows with friends and immersed in the Dead community. While I didn’t care much for some of the personal grooming habits, appearances, or recreational habits of some hard cored Deadheads, I did love their sense of adventure, warm personalities, and iconoclastic lifestyles. The music united us all regardless of our backgrounds or appearances. The Dead somehow aggregated a large number of society’s misfits into a tight knit community that allowed them to find a purpose in life. Ironically this anti-mainstream community came to grow to be so large that it ultimately became quite mainstream (much to the consternation of many) as the result of an incredibly successful and innovative business model.

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Global Business Models

Finance Sector Heading for Uber-Moment

New York, Geneva – Some of the world’s largest finance-sector companies are reviewing their business models following the rapid growth of financial technology (“fintech”) entrants in the sector. This is the main finding of a World Economic Forum report entitled The Future of Financial Services: How Disruptive Innovations Are Reshaping the Way Financial Services Are Structured, Provisioned and Consumed, which was being released yesterday.

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Ontario

Legislation and Regulation Changes Coming Into Force July 1, 2015

The following legislation and regulation changes will come into effect on July 1, 2015, listed alphabetically by responsible ministry: New Fees and Fee increases

Queens Park - The Ministry of the Attorney General: To support the work of engineers, amendments to the Professional Engineers Act will strengthen requirements for licensing, establish an engineering technologist class of limited licence, clarify requirements for engineering interns, and set out eligibility requirements for former presidents and Professional Engineers Ontario employees who wish to run for its governing council. Stronger new licensing requirements for professional engineers under the Open for Business Act will also be proclaimed into force.

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Appointment

Jayne Garland named Western's new Health Sciences dean

"Prior to her faculty appointment at Western, she was a postdoctoral fellow at the University of Arizona and practiced physiotherapy in Kitchener-Waterloo"

London - Jayne Garland has been appointed to a five-and-a-half year term as Western University's Dean of the Faculty of Health Sciences, effective January 1, 2016. A motor control and stroke rehabilitation expert, Garland returns to Western from the University of British Columbia where she currently serves as Professor and Head of the Department of Physical Therapy.

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Breaking Glass

Physicists shatter stubborn mystery of how glass forms

Waterloo - A physicist at the University of Waterloo is among a team of scientists who have described how glasses form at the molecular level and provided a possible solution to a problem that has stumped scientists for decades.

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Chart of the Week

How much time each day do you spend on your phone?

The average adult now spends almost 3 hours per day on their mobile phone, up from 1 hour just 4 years ago.



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Education

Catholic Board Welcomes New Chief Information Officer

Chris Demers succeeds Sandra Quehl as onlythe 2nd CIO in WCDSB’s history

Waterloo Region – The students, staff and trustees of Waterloo Region’s Catholic Schools are pleased to announce the appointment of Chris Demers as the Waterloo Catholic District School Board’s Chief Information Officer.

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Arts & Culture

Region of Waterloo Arts Fund awards 24 grants

Waterloo Region – The Region of Waterloo Arts Fund awarded 24 grants today for a total of $134,500. This was in response to proposals submitted by artists and arts organizations from throughout the Region of Waterloo.

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Appointment

Ed Clark Named as Premier's Business Advisor

Special Advisor Will Help Drive Initiatives to Grow a Vibrant and Dynamic Economy

Queens Park - Premier Kathleen Wynne has appointed Ed Clark to advise the government on how it can advance today's economy and prepare for the economy of tomorrow.

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Burden Reduction

Ontario Saves $50 Million for Businesses by Reducing Red Tape

Province Streamlines Services, Helps Businesses Succeed and Grow

Queens Park - Ontario’s strategic approach to cutting red tape has led to $50 million in savings and 2.4 million saved hours for businesses across the province in the last four years.

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Appointment

CIGI appoints Andrea Bjorklund as Senior Fellow to research investor state arbitration and economic law

Waterloo — The Centre for International Governance Innovation (CIGI) announced the appointment of Andrea Bjorklund as Senior Fellow with its International Law Research Program (ILRP), effective immediately. Andrea is a renowned expert in international arbitration and litigation, international trade and international investment. At CIGI, she will be researching topics in investor-state arbitration. Specifically, she will explore the role of state-owned enterprises in investor-state disputes, and whether practical difficulties related to the multiplicity of investment treaties can be overcome and sufficient harmonization of underlying laws can occur to create an appellate body for investor-state dispute settlement?

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Energy

Hydro One completes acquisition of Haldimand County Utilities Inc.

TORONTO - Hydro One announced the legal closing of the purchase of Haldimand County Utilities Inc. (Haldimand County Utilities). The Ontario Energy Board (OEB) approved the sale on March 12, 2015. As part of the approved deal, Haldimand County Hydro's 21,200 customers will see a 1 per cent reduction to their monthly distribution delivery rates effective July 1, 2015. In addition, distribution rates will be frozen for the next five years.

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Senate

Government abuses Parliament one last time

OTTAWA – June 30, 2015 – Abusing its majority and circumventing the rules of the Senate, the Government has cut off debate to force the adoption of the union-busting Bill C-377, An Act to amend the Income Tax Act (requirements for labour organizations).

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Shift in Economy

Four Reasons for Commercial Real Estate Optimism

"one property type in one city doesn’t represent the state of affairs across the country"

Toronto - Demand for Canadian office and industrial space points to areas of strength at a time when low oil prices are creating significant headwinds for the national economy. CBRE Limited’s National Office and Industrial Second Quarter 2015 Statistical Summary reveals four reasons why you should be optimistic about commercial real estate in Canada.

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Acquisition

Sun Life Financial to acquire investment manager Prime Advisors, Inc.

Further expands Sun Life Investment Management's institutional investment business
in the U.S.

TORONTO/REDMOND, WA - Sun Life Investment Management and Prime Advisors, Inc. announced yesterday an agreement whereby Sun Life Financial Inc. will purchase Prime from the firm's current owners. Prime is an investment management firm specializing in customized fixed income portfolios, primarily for U.S. insurance companies. As of May 31, 2015, the firm had approximately US$13 billion in assets under management on behalf of clients.

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