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____________________ Thursday August 21, 2014 ___________________

Current Issue: Exchange July/August 2014
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Ted Talks

Clint Smith: The danger of silence

We spend so much time listening to the things people are saying that we rarely pay attention to the things they don't," says slam poet and teacher Clint Smith. A short, powerful piece from the heart, about finding the courage to speak up against ignorance and injustice.

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E-commerce

OpenText Powers Hong Kong's Leading EDI Platform

WATERLOO/HONG KONG - OpenText announced yesterday that OpenText Trading Grid powers Hong Kong's leading EDI platform, ezTRADE. By providing regional enterprises access to the world's largest integration cloud, OpenText enables them to compete more effectively and execute any-to-any transactions on a global scale.

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Milestone

Gore Mutual Celebrates 175th Anniversary with $175,000 Donation to the YMCA

Gift will allow kids at YMCA camps to set sail towards their potential

John Haddock, CEO, YMCAs of Cambridge and Kitchener-Waterloo , Heidi Sevcik, President and CEO of Gore Mutual, Charlie Cipolla, Chair, Gore Mutual Foundation and Chair of the Gore Mutual Board of Directors

Cambridge – The YMCA is excited to announce that they have received a $175,000 donation from the Gore Mutual Foundation. This donation is made in celebration of Gore Mutual Insurance Company’s 175th anniversary. The $175,000 gift will allow 17 YMCA overnight camps in Ontario and British Columbia, to purchase or repair 175 boats.

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Eating Disorder

Western University-led study says anorexia nervosa should be considered a 'passion'

London - New findings from Western University suggest that characterizing anorexia, or anorexia nervosa, as a 'passion' will yield immediate and practical results in terms of treatment and therapy.

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Oligopoly

Uncorking Competition for Beer and Wine in Ontario

TORONTO - The lack of competition in Ontario's system for alcoholic beverage retailing causes higher prices for consumers and foregone government revenue, according to a report from the C.D. Howe Institute. In "Uncorking a Strange Brew: The Need for More Competition in Ontario's Alcoholic Beverage Retailing System," authors Paul R. Masson and Anindya Sen call for a more competitive system in alcoholic beverage retailing in Ontario, which would result in increased government revenue, lower prices, and more convenience for consumers.

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Networth

Study: Net worth of the household sector: A Canada–United States comparison, 1970 to 2012

Ottawa - Canadian household net worth per capita reached 77% of the United States' level in 2012, according to a new study, "Net Worth in the Household Sector, 1970 to 2012: A Canada–United States Comparison," released today in the Economic Analysis Research Paper Series.

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Homelessness

Canada Invests in Housing First Homelessness Initiatives in the Waterloo Region

Waterloo Region - Diane Finley, Minister of Public Works & Government Services, and Regional Minister for southwestern Ontario on behalf of the Honourable Candice Bergen, Minister of State (Social Development), announced that more than $2,200,000 in funding through the Regional Municipality of Waterloo as it implements Housing First, a proven, evidence-based approach to end homelessness.

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Super Bugs

Experts question value of common superbug control practices

Cologne, Germany - The jury is still out on the effectiveness of meticillin-resistant Staphylococcus aureus (MRSA) superbug control policies in hospitals, according to leading infectious disease experts in a Viewpoint published in The Lancet. In particular, screening and isolating infected patients—which have long been regarded as the gold standard MRSA prevention strategy and are required by law in some countries—have poor evidence for their effectiveness, say the authors.

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Mood

Thinking about your romantic partner generates "good stress" and boosts energy and mood

London - New research from Western University says pausing to think about your romantic partner generates "good stress" and adds an energy boost to your day. The findings were published recently in the journal, Psychophysiology.

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Internal Trade

Crowley says Government's Internal Trade Strategy an Important First Step

MLI’s Brian Lee Crowley says success of One Nation, One National Economy strategy
will depend on government’s willingness to get tough with provinces

OTTAWA – Macdonald-Laurier Institute Managing Director Brian Lee Crowley today applauded the government for taking a first step towards knocking down barriers to provincial trade with the release of its One Canada, One National Economy strategy.

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Merger

CGA Accounting Firm Expands Practice

Drouillard Sambrook Kingston (DSK) LLP Merges with Cambridge and Kitchener Firms

Cambridge - In July 2012, Waterloo region CGAs Paul Drouillard, Rob Sambrook and Jason Kingston joined forces and their unique skillset to become DSK LLP. Two short years later, on June 30, 2014 the IRS-registered firm officially merged with Forsyth Financial Services Inc. located in Cambridge, and Alan Wintrip C.A., Professional Corporation located in Kitchener.

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Fund Raising

MEDA Kilimanjaro climbers reach summit, raise $276K

Supporters surpass fundraising goal

WATERLOO – A group of 16 inspired MEDA – Mennonite Economic Development Associates – supporters have successfully completed their climb up Mount Kilimanjaro in Tanzania and surpassed their original $250,000 fundraising goal. Generous MEDA supporters have contributed $276,000+ so far for MEDA's work in creating business solutions to poverty around the world.

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Trade

Wholesale trade for June 2014

Ottawa - Wholesale sales rose 0.6% to $53.0 billion in June, a third consecutive increase. Gains in five subsectors, which together represented 69% of wholesale sales, more than offset a decline in the motor vehicle and parts subsector. Excluding this subsector, wholesale sales rose 1.2%. In volume terms, wholesale sales were up 0.7%.

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Technology

OpenText Launches Next Version of Document Management to Simplify Content Exchange for the Legal Industry

WATERLOO - OpenText announced the launch of eDOCS DM 10, the latest version of its Document Management solution for the legal market. With eDOCS DM 10, customers can capture, govern, find and securely collaborate on work product in a highly secure, centralized library, accessible from mobile devices, tablets, laptops and in the cloud. OpenText will be showcasing eDOCS DM 10 at booth #713/715 at the International Legal Technology Association (ILTA) conference, being held August 17-21, 2014, in Nashville.

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Council Info

Regional Council Meeting Notes

Waterloo Region - Council Info is a summary of discussion and the major items presented at the Council meeting held August 20.

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Philanthropy

UNION GAS supports Program to Get Every Child Outdoors

$5,000 grant to rare Charitable Research Reserve for conservation programs

CAMBRIDGE – Union Gas is helping a local environmental charity preserve, protect, restore and improve natural resources and the environment in the Waterloo Region, courtesy of a $5,000 grant awarded Wednesday.

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Guardians

World Economic Forum Announces New Foundation Board Members

The Foundation Board serves as the guardian of the World Economic Forum’s mission and values

Geneva, Switzerland - The Foundation Board of the World Economic Forum met on 20-21 August 2014. On this occasion and in accordance with the Forum’s mandate to be a representative group of key global stakeholders, the Foundation Board elected the following four members: Susan Hockfield, President Emerita and Professor of Neuroscience, Massachusetts Institute of Technology (MIT), USA; Klaus Kleinfeld, Chairman and Chief Executive, Alcoa Inc., USA; Jack Ma, Executive Chairman, Alibaba Group, People’s Republic of China; Jim Hagemann Snabe, Member of the Board, SAP AG, Siemens AG, Allianz SE, Germany.

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August 21, 2014

Groundbreaking ceremony for ION Held Today

Waterloo Region – Regional Chair Ken Seiling and members of Regional Council will welcome Peter Braid, Member of Parliament for Kitchener-Waterloo and Parliamentary Secretary for Infrastructure and Communities, as well as the Honourable Steven Del Duca, Ontario Minister of Transportation, to Waterloo Region today for the milestone ION groundbreaking event. The event will be held at the future site of the ION Operations, Maintenance and Storage Facility, 518 Dutton Drive, Waterloo at 11 am.

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September 10, 2014

Audiences Test Drive the Symphony at the 2014/15 Preview Event!

Kitchener - The Kitchener-Waterloo Symphony invites audiences to a special Season Preview event on Wednesday, September 10, 2014 at 7:30 pm at the Centre In The Square in Kitchener. Led by KWS’ new Assistant Conductor Daniel Bartholomew-Poyser and host Glenn Pelletier from 570 News, audience members will get a taste of the Symphony’s upcoming 2014/15 Season. Sponsored by Crosby Audi, the programme will include selections from Bach to A Midsummer Night’s Dream and Star Wars!

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September 11, 2014

Business Women’s Event to raise funds for the Sexual Assault Support
Centre of Waterloo Region

Kitchener – The Kitchener Waterloo-Business Women’s Association is pleased to host “Women Empowering Women – Tools for Success” on Thursday September 11 from 7-10 pm at The Tannery. All proceeds will be donated to two local charities: the Sexual Assault Support Centre of Waterloo Region (www.sasc.org) and Passion for Progress. Attendees can also “pay it forward” by sponsoring tickets for young students.

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