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Wednesday, May 7, 2008
Coaching for Success: Build relationships to improve performance

Friday, May 9, 2008
13th Annual Auction & Comedy Night – Illusion, Magic & Laughs


Tuesday May 13, 2008
Guelph Corridor Transportation and Economic Development Panel Discussion

Wednesday, May 14, 2008
TechWorking Breakfast with the Boss with Dr. Ilse Treurnicht-CEO of MaRS Discovery District

Wednesday, May 21, 2008
Delivering Successful Agile Projects – A Team Approach


Wednesday, June 4, 2008
Gazelles Inc: Mastering the One Page Strategic Plan


Wednesday, June 4, 2008
Science Superheroes Lecture Series with Brian Doody, CEO, DALSA Corp

CIGI May 2008 Public Events




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Business, Economics, Education, Entrepreneurs,
Environment, Science and Technology

Week 19 /
May 5, 2008 - May 9, 2008
\ Posted
Friday, May 09, 2008


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Boomers 2008

Canada's Boomers Primed to Spend, despite Troubled Economy: Poll

Ipsos Reid Study Warns Advertisers: Boomers Feel Neglected

TORONTO - Canada's slowing economy could get a shot in the arm from consumer spending by baby boomers, the country's wealthiest demographic group, according to the results of an Ipsos Reid survey to be released tomorrow at a newspaper industry conference in Toronto.

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Letter to Editor

OXO-BIODEGRADABLE PLASTICS ASSOCIATION

Sir, My attention has been drawn to a letter in your Journal on May 2nd from Jim Lunt about oxo-biodegradable plastics.


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Aquisition

Moneris Solutions Completes Acquisition of Keycorp Canada Inc.

TORONTO - Moneris Solutions, Canada's largest processor of credit, debit and gift card payments, today announced it has completed the acquisition of Keycorp Canada Inc. (KCI). KCI has been re-named MSC Moneris Services Corporation (MSC) and will be operated as a wholly owned subsidiary of Moneris Solutions Corporation.

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Housing Starts

CMHC REPORTS KITCHENER HOUSING STARTS STRONGER

TORONTO - The Canada Mortgage and Housing Corporation (CMHC) released Kitchener's preliminary housing starts data for the month of April today. Construction began on 252 homes in the Kitchener Census Metropolitan Area (CMA), more than double the 119 units started in the same month last year.

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Education

Conestoga Students Excel: Win 20 Ontario Skills Medals

At the 19th annual Ontario Technological Skills Competition (OTSC), held in Waterloo on May 5-6, Conestoga College enjoyed outstanding success as 20 students earned post-secondary level medals for their knowledge and applied skills in a variety of competition categories.

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Quarterly Results

Manulife Financial Corporation reports first quarter results with continuing strong sales performance

TORONTO - Manulife Financial Corporation reported shareholders' net income of $869 million and fully diluted earnings per share of $0.57, compared to net income of $986 million and fully diluted earnings per share of $0.63 in the prior year. The sharp declines in global equity markets, particularly in the U.S. and Asia, reduced reported earnings in the quarter by $265 million or $0.18 cents per share.

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Climate Change

Climate change and biofuels to cause further hunger in Africa say IIASA experts

LAXENBURG, Austria - International food prices have risen at unprecedented rates due to below-normal harvests, growing cereal imports, and increasing use of crop land for biofuels. And climate change will seriously affect many poor and food insecure countries.

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Food

Laurier hosts international workshop on sustainable food systems

WATERLOO — Students, scholars and practitioners from around the world are at Wilfrid Laurier University on May 7, 8 and 9 to discuss the key challenges facing the way we theorize, frame and deliver food through sustainable food systems.

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Not Satisfied

Minister of Industry Confirms Initial Decision on Proposed Sale of Macdonald, Dettwiler and Associates Ltd. to Alliant Techsystems Inc.

OTTAWA - The Honourable Jim Prentice, Minister of Industry, today wrote to Alliant Techsystems Inc. (ATK), pursuant to paragraph 23(3)(b) of the Investment Canada Act, to confirm that he is not satisfied that its application to acquire control of the Information Systems Business of MacDonald, Dettwiler and Associates Ltd. (MDA) is likely to be of net benefit to Canada.

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Education

COMMUNITY INVITED TO DISCUSS LEARNING AND LITERACY ISSUES IN K-W

Waterloo – Friends of The Kitchener and Waterloo Community Foundation (KWCF) are invited to attend the Annual Town Hall Meeting on Tuesday, May 13, 2008 at The Children’s Museum.

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Housing Starts

ONTARIO HOME STARTS INCH LOWER IN APRIL

Toronto - Ontario new home construction activity remained strong for a fourth consecutive month. Preliminary Seasonally Adjusted Annual Rate (SAAR) of urban* home starts edged lower to 73,000 units, down 5.4 per cent from 77,200 units in March.

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Wireless

UW and Polar Mobile launch innovation in mobile publishing

WATERLOO - The University of Waterloo has joined Maclean's and Canadian Business as one of the few publishers of a free weekly mobile news digest, becoming the first public-sector organization to use new technology developed at UW to provide this service.

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Energy

Ontario's Electricity Sector Needs Repair, Ending Central Procurement a Start

TORONTO - Economic and policy problems plague Ontario's electricity sector, six years after the government's initial attempt at market liberalization in 2002, says a Commentary released yesterday by the C.D. Howe Institute.

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Consumer

U.S. consumer sentiment inches up after six months of declining confidence, according to RBC CASH Index

NEW YORK - Americans' economic enthusiasm rallied slightly this month, increasing nearly 10 points and reversing six straight months of declining confidence, according to the most recent results of the RBC CASH (Consumer Attitudes and Spending by Household) Index.


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Skills Competition

ONTARIO YOUTH DEMONSTRATE THEIR SKILLS AND ACHIEVE TREMENDOUS RESULTS AS PART OF COMPETITION

KITCHENER – Students from across Ontario competed in various contests at the 19th Ontario Technological Skills Competition at RIM Park in Waterloo on May 5th and 6th. Students from the Kitchener/Waterloo Area, took home 52 medals.


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Education and Entrepreneurship

Laurier business student wins national entrepreneurship competition

WATERLOO — Laurier School of Business & Economics student Christopher Carmichael has won the national Wes Nicol Entrepreneurial Award in a competition against students from Acadia University, Carleton University, University of Guelph, University of Ottawa, and the University of Waterloo.

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150 year Anniversary

Miller Thomson Waterloo office celebrates 150th anniversary

WATERLOO – The Waterloo office of Miller Thomson LLP is celebrating its sesquicentennial – marking 150 years of serving the legal needs in its community.

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Business Excellence

2008 ICCT Business Excellence Award Winners Announced

Five outstanding leaders honoured by the Italian-Canadian business community

TORONTO – Winners of the 6th annual Italian Chamber of Commerce of Toronto Business Excellence Awards (BEA) were announced today in Toronto. The awards are presented to the most outstanding and innovative leaders from the Italian-Canadian business community each year.

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Quarterly Results

NASDAQ OMX Announces First Combined Quarterly Results

Net Income is $121.4 Million ($18.3 Million in Q107) $0.69 Diluted EPS ($0.14 Diluted EPS in Q107)

NEW YORK - The NASDAQ OMX Group today reported first quarter 2008 net income of $121.4 million, or $0.69 per diluted share, an increase of $103.1 million from $18.3 million, or $0.14 per diluted share, in the first quarter of 2007.

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Appointment

Ontario Place Welcomes New General Manager

John Tracogna named new Ontario Place General Manager

Toronto - Ontario Place, announced the selection of John Tracogna as the successful candidate in its search for a new General Manager. John will assume the General Manager's role on June 16 and will be responsible for providing leadership and direction to the lakefront attraction.

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Convention Facility

Ontario Champions New Ottawa Convention Facility

McGuinty Government Sparks Momentum For Proposals

TORONTO - The McGuinty government is eager to move forward with proposals for the Ottawa Congress Centre (OCC) redevelopment project, to stay on track to open a new international-class convention facility in Ottawa in April 2011.

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Guelph Leadership Conference

Visionaries at Work at the 3rd Annual Moving Business Forward Conference

Guelph – An outstanding group of high profile speakers will take the stage at the River Run Centre on November 4, 2008. The Guelph Chamber of Commerce will be holding the third annual Moving Business Forward conference for local business and community leaders.

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Architectural Innovation

CANADIAN ARCHITECTURAL FIRM WINS INTERNATIONAL DESIGN COMPETITION IN DUBAI INNOVATIVE CONCEPT WILL CREATE AN EXCEPTIONAL WATERFRONT DESTINATION

Toronto - ZAS Group of Companies of Toronto, Dubai and Vancouver, is pleased to announce that the firm has placed first in a limited design competition to design and construct five new residential towers along the Promenade section of the remarkable Dubai Marina in the United Arab Emirates.

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Education Health Research

U of G Receives $2.2 Million for Health Research

Guelph - The Canadian Institutes of Health Research (CIHR) is investing more than $2.2 million in University of Guelph research projects aimed at preventing and treating health conditions such as cancer, viral infections, aging and obesity.

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Traveller Accommodation 2006

Annual Survey of Traveller Accommodation

Statscan - Despite a decline in American visitors to Canada and a stronger Canadian dollar, Canada's traveller accommodation industry posted another strong economic performance in 2006.


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Acquisition

Transcontinental purchases Acquizition.biz

MONTREAL - Transcontinental Inc. announced the purchase of Acquizition.biz, Canada's largest Web-based platform for buying and selling businesses. Acquizition.biz offers more than 1,500 listings representing over 20 sectors of activity, including services, manufacturing, warehousing, processing, technology, retail, transport, the restaurant industry and lodging.

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Barcode of Life

China Pledges $25 Million for DNA Barcoding Project

Guelph - There is a new branch of the revolutionary "barcode of life" international library. China has pledged more than $25 million to the University of Guelph-based project that will allow the rapid identification of any animal, plant, fungus or protist.

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Housing

K-W HOME SALES CONTINUE TO COMMAND TOP DOLLAR

KITCHENER – The value of residential properties sold in Kitchener-Waterloo and area continues to post steady increases every month, even as sales pull back slightly from their record pace as evidenced by April sales results.

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Housing Starts

Canadian Housing Starts Dip in April 2008

Kitchener CMA an exception

OTTAWA - The seasonally adjusted annual rate(1) of housing starts was 213,900 units in April, down from 243,000 units in March, according to Canada Mortgage and Housing Corporation (CMHC).

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Lobsterfest

You Are Invited to Celebrate our 37th year of Lobsterfest at Bingemans on Friday, June 6th, 2008

Kitchener - The 1st Friday in June annual Rotary Lobsterfest is soon approaching and it is time to mark your calendar and purchase tickets for the Biggest Party Event Kickoff to summer!

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Foreign Policy

CIGI to host Canada Among Nations book launch today

New publication examines Canada’s foreign policy

Waterloo – Later today, the Centre for International Governance Innovation (CIGI) will host a wine and cheese reception to launch Canada Among Nations: What Room for Manoeuvre?, a book released this month by CIGI and Carleton University’s Norman Paterson School of International Affairs.

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Reseller Recognition

CDN recognizes FoxNet as top 100 Serivice Provider

Waterloo - On Thursday May 1st, FoxNet was named one of Canada's Top 100 Service Providers by CDN. The unveiling of the successful companies that made the list took place at the Paramount Conference & Event Venue in Woodbridge, Ontario. FoxNet is now the 89th Service Provider on this list. Having only one office in Canada, this is quite the accomplishment.

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Education

38th Junior Achievement Annual Future Unlimited Banquet a Great Success

Waterloo Region - Junior Achievement hosted its 38th Annual Future Unlimited Banquet on May 6th at the Knights of Columbus Hall in Kitchener. Approximately 175 attendees were on hand to celebrate the success of this year’s Company Program participants.

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Technology

The 10 most important technologies you never think about
by Neil McAllister

You may not spend much time considering Unicode, XML, and digital signal processing, but you couldn't get through your day without them.

___________________
Asia Analysis

Citi and JPMorgan Tie for Overall Best Analysis of Asian Equities in Institutional Investor's

2008 All-Asia Research Team Survey

New York, NY - With 26 total team positions each, Citi Investment Research and JPMorgan Securities share top honors for producing the best coverage of Asia’s equity markets, according to Institutional Investor's 15th Annual All-Asia Research Team survey.

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Quarterly Results

Globalstar, Inc. Announces First Quarter Results for 2008

Quarter Highlighted by Closing Acquisition for Brazilian Corporate Expansion, Accolades for the SPOT Satellite Messenge and Net Subscriber Growth

Post-Quarter Highlights Include Receipt of Expanded ATC Spectrum Authority From the FCC and Securing $150 Million in Additional Financing

MILPITAS, Calif. - Globalstar, Inc. announced its financial and operational results for the three month period ended March 31, 2008.

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Health Care

CHAMBER OF COMMERCE PROVIDES A SECOND OPINION ON HEALTH CARE

TORONTO – In a report released May 7, 2008, Ontario’s business advocate calls for an honest, thoughtful public debate about innovative and sustainable reforms to a health care system that continues to dominate provincial program spending in Ontario, leaving a declining share of revenues for other critical public investments.



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Ratified Agreement

Steelworkers ratify two-year agreement with Canadian General Tower

CAMBRIDGE - United Steelworkers' (USW) Ontario/Atlantic Director announced Tuesday that members of Local 862 have ratified a new two-year agreement with Canadian General Tower Limited (CGT).

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Innovation District

Guelph makes its mark on Queen's Park

City of Guelph meets with provincial decision-makers about Guelph's innovation district, climate change prevention, and energy conservation.

GUELPH – A City of Guelph delegation led by Mayor Karen Farbridge went to the home of the Provincial Legislature late last week to engage the Ontario government in discussion about key issues on Guelph’s agenda.

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Volunteerism

May 2008 Greater Kitchener-Waterloo Chamber Star Recipient - Bill Green

The Volunteer Member Services Committee is pleased to announce that Bill Green, President of GSP Group Inc., has been awarded the May 2008 Chamber Star.

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Top 40 under 40

Sun Life CFO Rick McKenney named to Canada's Top 40 Under 40(TM)

TORONTO - Sun Life Financial Inc. announced that Rick McKenney, Executive Vice-President and Chief Financial Officer, has been named a recipient of Canada's Top 40 Under 40(TM) for 2007.

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Aquisition

Tarpon Systems International LLC Announces Acquisition of Tarpon System From Acergy Group

HOUSTON - Tarpon Systems International LLC announced the acquisition of Tarpon System from the Acergy Group, including all patents, rights, and licenses, for an undisclosed amount. The acquisition, effective May 1, 2008, will broaden Tarpon's asset base and allow for a wider range of offshore oil and gas production solutions to include design and engineering, fabrication, installation management, and contracting.

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Free Trade

Study: Trade liberalization and productivity dynamics

The new study "Trade liberalization and productivity dynamics: Evidence from Canada," investigates the mechanism by which the Canadian-US Free Trade Agreement (FTA) contributed to the growth of productivity in the Canadian manufacturing sector.



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Union Manufacturing

CAW - Big Three Negotiations

TORONTO - Following a meeting with General Motors yesterday, the CAW met with Chrysler executives yesterday morning.

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White Paper

New Natural Resources Human Capital White Paper Released

The global Natural Resources market is nearing a crucial tipping point. While the worldwide demand for natural resources continue to grow, one major challenge that this sector faces is the scarcity of human capital and skilled leadership talent.

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Life Sciences

Strategies for Success: Deloitte Report Offers Canadian Life Sciences Industry a Blueprint to Foster Growth and Success

Canadian organizations must act now to respond to competition from emerging markets, chronic lack of funding, increased industry convergence and tightening regulations.

TORONTO - A Deloitte report released May 6, 2008 provides a blueprint for the Canadian life sciences industry to follow in order to foster future growth and success. Faced with shifting demographics, decreasing margins, evolving regulations and rising R&D costs, the report outlines how organizations must not only optimize the development processes, but also re-examine their underlying operational strategies.

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Evergreening Drug Patents

Consumers, Taxpayers to Pay More for Drugs Under Proposed Changes to Patent Rules

Federal government poised to ignore Supreme Court of Canada and reopen loopholes that allow for "evergreening" of drug patents

TORONTO - Proposed amendments to Canada's drug patent rules will force consumers and taxpayers to pay monopoly drug prices on top-selling prescription drugs for longer than they should by reopening loopholes that allow brand-name drug companies to unfairly keep competition from lower-cost generic prescription medicines off the market.
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Human Resources

How can you tell if you're a bad leader? Take note if you're losing customers and employees 'Business Lifeguard' tells SMEs

"Many entrepreneurs forget - business is personal."

TORONTO - An economic slowdown in Canada is one step closer to reality and there's only one way to ride out the tough times if you're an entrepreneur - make sure your leadership skills are top notch. Without these skills in place, you'll bleed customers, key employees and cash, according to Norm Nopper, Director, Varanor International.

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Quarterly Results

BCE reports 2008 first quarter results

- Solid Bell revenue growth; best performance in over two years
- Steady Bell EBITDA growth
- Record Q1 gross activations for Wireless
- Fewer residential NAS losses as Winbacks grow
- Strong growth in EPS before special items

MONTREAL - Revenue growth and disciplined cost control at Bell led to steady financial performance as BCE Inc., Canada's largest communications company, reported results for the first quarter of 2008 on May 7, 2008.

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Recreating the Past

Cutten Club Restoration Project Now Complete

Guelph, ON – It is no coincidence that the Cutten Club will closely resemble its original design first introduced to golfers more than 75 years ago!

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Work Force Focus

The May 2008 edition of Work Force Focus

This issue focuses on employment trends in the local Manufacturing Sector. Data is taken from the 2006 census as well as other current sources including the Labour Force Survey.

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Morning Column

Six Reasons Why Face-to-Face Trumps Mass Marketing
By Alan Bayham

Turn on the TV or radio, surf the Internet, open your mail (or e-mail) - what do you notice? You probably have a high volume of advertisements and marketing campaigns targeting you, begging for your attention and your business. But do you open every sales envelope or listen to every commercial? No. Then, why would you think your customers would be any different?

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Assistive Technologies

Neil Squire Society Receives Funding to Empower People With
Disabilities


BURNABY, British Columbia - The Neil Squire Society will receive up to $1,339,369 to deliver Employ-Ability, a project that will help up to 214 people with major physical disabilities who require specific adaptations to take part in an employment assistance program.
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Dubai Global Agenda

WORLD ECONOMIC FORUM AND THE GOVERNMENT OF DUBAI ANNOUNCE INAUGURAL SUMMIT ON THE GLOBAL AGENDA IN DUBAI

World’s foremost thinkers to meet in November 2008 to select top 10 breakthrough ideas for improving the state of the world

The Summit will be held in partnership with the Government of Dubai, following the recent signing of a memorandum of understanding

700 participants will aim to find solutions to the world’s most pressing challenges

Geneva, Switzerland – The Summit on the Global Agenda is a new, unique gathering of the world’s most influential thinkers – leaders from academia, business, government and society.

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Education Pop Culture

American Idol Becoming a Popularity Contest Isn't a Bad Thing, Says Prof

Guelph - American Idol has been criticized as being more of a popularity contest than a singing competition. But a University of Guelph economics professor argues that popularity boosts overall performance because it creates a more level playing field.

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Environmental Recognition

Rockway Golf Course receives prestigious environmental certification

KITCHENER - The City of Kitchener's Rockway Golf Course was recently named a fully certified Audubon Co-operative Sanctuary - a prestigious environmental honour that recognizes the courses outstanding efforts to protect the ecological systems on its property.

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Energy Biofuel

Ancient tree provides fuel for thought
by Rudi Maxwell

Peter Gould has a vision of being able to grow his own fuel on his property at Terania Creek.

Mr Gould has spent more than 10 years researching biofuels and eventually came up with what he and his business partner Martin Novak, of Whian Whian, believe is the perfect solution – a plant native to both India and northern Australia called pongamia.


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Ontario Wine Touring Guide

New Touring Guide for Ontario Wine Regions Available Think local for your vacation plans

NIAGARA - Touring the province's wine regions has never been so easy and fun thanks to the new 2008 Official Guide to the Wineries of Ontario which offers extensive information and tips on the best scenery, gourmet cuisine and world class wines - all right in your backyard.

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Investing

Nervous Canadian investors sitting on excess $45 billion in cash while waiting out market volatility

Canadians likely missing out on billions in investment opportunities

TORONTO - A highly volatile stock market has nervous Canadian investors pulling back on their investments and sitting on record amounts of cash, finds a new CIBC World Markets consumer watch report.


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BlackBerry World

Zain, EMS and RIM Launch the BlackBerry Curve 8320 Smartphone in Jordan

Amman, Jordan and Waterloo, ON- Zain in Jordan, part of the Zain group, EMS and Research In Motion (RIM) (Nasdaq: RIMM: TSX: RIM) today launched the Wi-Fi® enabled BlackBerry® Curve™ 8320 smartphone in Jordan.

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ISP Regulation

Statement of Cord Blomquist by Technology Policy Analyst, Competitive Enterprise Institute

Washington, D.C. —Today the House Subcommittee on Telecommunications and Internet will hold a hearing on the Internet Freedom Preservation Act of 2008 (H.R. 5353), introduced by Rep. Ed Markey (D-MA). This legislation would impose network neutrality regulation on all Internet Service Providers (ISPs).


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Education

Who has the best brain in Canada?

HAMILTON - High school students from across the country will compete for the title of "best brain in Canada" at the first CIHR Canadian National Brain Bee, testing their knowledge of neuroscience and their skill at patient diagnosis and neuroanatomy.

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Research Excellence

Thomson Reuters/King's College London Survey Explores U.K. Research Community's Concerns About New Research Excellence Framework

Participants Were Part of Conference Focusing On Increasing Importance of Research Evaluation in the New University Ranking Systems

PHILADELPHIA and LONDON - The Scientific business of Thomson Reuters and King's College London announced the results of a survey of representatives from 75 U.K. universities and research institutes examining key concerns about research evaluation in the new Research Excellence Framework (REF).

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Toronto to Quebec City

Bonjour Quebec! WestJet Announces New Date for Inaugural Flight to Quebec City

Ultra low fare of $79 each way on inaugural flight

CALGARY, ALBERTA - WestJet announced that the inaugural flight of daily non-stop service from Toronto to Quebec City will now depart on May 17, 2008. In addition, guests have the opportunity to take advantage of an incredibly low fare of $79 each way on this date only. This is greater than 64 per cent off the regular fare!

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Financial

How To Protect Yourself From Investment Scams
By Douglas Charney

As American consumers feel the pinch of a tight economy, many are looking for faster ways to make money and save for retirement. Unfortunately, such a mindset opens the door for investment scams, which are currently on the rise in terms of quantity and variety.

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Wireless Auction

DMTI Spatial Introduces Specialized Location Intelligence for Telcos Competing in Wireless Spectrum Auction

MARKHAM - DMTI Spatial (DMTI), a leading provider of enterprise location intelligence solutions, has announced the availability of its new Wireless Business & Network Planning Solution designed exclusively for Canadian telecommunications companies competing in May's Spectrum Auction.

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Wireless

BlackBerry gets new CRM goodies thanks to RIM-SAP alliance

BlackBerrys can now be outfitted with SAP's customer relationship management software. It will be integrated with the devices' e-mail, calendar and other applications.

by Elizabeth Montalbano

SAP and Research in Motion have teamed up to bring SAP's back-end business applications, beginning with CRM, to BlackBerry devices.

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Environment

Youth Helping to Fight Climate Change

Ontario Stewardship and Trees Ontario partner in student ranger program to restore and protect natural areas across southern Ontario.

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Health Care

80% of Customers Eat Out Less - Due to Food Allergies and Celiac / Coeliac Disease Impacting Quality of Life

Landmark Global Market Research Reveals

CHICAGO - Over 2,700 consumers and businesses from 35 countries participated in the new three-dimensional research study -- Understanding Gluten and Allergen-Free Experiences of Guests & Hospitality Worldwide.


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Patent Activity

Thomson Reuters Publishes 'World IP Today' Report, Analyzing Global Patent Activity and Technology Innovations in 2007

LONDON - Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today published two issues of World IP Today, analyzing global patent activity and technology innovations for the year 2007.

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Environment

rare to host Envirothon 2008 students

North Dumfries/Cambridge - On the evening of May 8th, from 6:45pm - 8:45pm, 120 youth from across the Province will be visiting the rare Charitable Research Reserve, Canada's largest urban green space.

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Excellence in Innovation

Descartes Grants Customer Excellence and Innovation Awards At 2008 User Conference

WATERLOO - Descartes Systems Group granted its 2008 Customer Excellence and Innovation Awards at its Global User Group Conference in Atlanta on April 14 to 16, 2008.

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Quarterly Results

Giesecke & Devrient reports strong growth in sales and earnings

Sales up by 20 percent, surpassing the 1.5-billion euro mark for the first time ever
Earnings increased by 73 percent to 161 million euros
Research and development expenditure raised by around a quarter to almost 100 million euros

Munich, Germany – The Munich-based technology group Giesecke & Devrient reported strong growth in sales and earnings in its consolidated results for fiscal 2007. The company’s worldwide operations, with a workforce of nearly 9,000 employees, generated net sales of 1.55 billion euros.

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Environment Recognition

EPA recognizes two Detroit residents with President's Volunteer Service Award

Detroit, Mich. - Two Detroit citizens were honored with the President's Volunteer Service Award on Monday, May 5, at the 2008 National Brownfields Conference at the Cobo Center in Detroit.

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Technology

SONY, DALSA and Post Logic Team With AMediaVision for First All 4K Production and Screening of Feature Length Movie

LOS ANGELES - "Reach for Me," the first feature-length motion picture to be shot and produced entirely in 4K, will be screened tonight on Sony's 4K Digital Cinema Projection Systems.

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Environment

Small Businesses Tackle Big Environmental Issues

Washington, D.C. - Small businesses can be the source of innovative ideas that change the way America does business on a huge scale. Today, the U.S. Environmental Protection Agency (EPA) announced $1.6 million in funding for seven small companies to commercialize green technologies that promise to deliver BIG results.

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Innovation Recognition

Greater Kitchener Waterloo Chamber of Commerce Recognized for Innovation

Kitchener, ON – On Saturday, May 3, 2008, the Greater Kitchener Waterloo Chamber of Commerce was awarded the 2008 Ontario Chamber of Commerce (OCC) Chair’s Award for innovation, for its role in the development of the Waterloo Region Immigrant Employment Network (WRIEN).

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Quarterly Results

Co-operators General Insurance Company reports first quarter 2008 net income of $10.5 million

GUELPH - The Board of Directors of Co-operators General Insurance Company ("Co-operators General") announced yesterday a quarterly dividend of $0.3125 per Non-Cumulative Redeemable Class E Preference Shares, Series C, payable June 30, 2008 to shareholders of record at the close of business on June 1, 2008.


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Foreign direct investment

The stock of foreign direct investment in Canada recorded the largest gain in eight years

Led by a continued wave of acquisitions by foreign investors, particularly in resource-based industries.

Statscan - At the same time, Canadian direct investment assets declined despite strong Canadian corporate investment flows in 2007, while the rise in the Canadian dollar against major foreign currencies resulted in a decrease in Canadian dollar direct investment holdings by year-end.

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Aquisition

COM DEV Receives Regulatory Approval for Acquisition of Passive Microwave Devices Product Line

EL SEGUNDO, CA/ Cambridge, On - COM DEV USA, LLC, a subsidiary of COM DEV International Ltd., today announced that it been granted regulatory approval from the Committee for Foreign Investment in the United States (CFIUS) for its proposed $12.2 million acquisition of the Passive Microwave Devices product line from L-3 Communications.

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Collaboration Innovation

Toronto company gets "top innovator" award for online collaboration tool

Octopz Inc. carried the day at the Canadian Innovation Exchange in Toronto, voted by investors as the most innovative company for its online collaboration tool for creative professionals.

by Brian Jackson
itbusiness Canada.ca

Toronto - Toronto-based Octopz Inc. was voted the top innovator for its online collaboration software targeting creative professionals at an event this week.

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World Economic Forum

PRESIDENTS HOSNI MUBARAK AND GEORGE W. BUSH TO OPEN WORLD ECONOMIC FORUM ON THE MIDDLE EAST IN SHARM EL SHEIKH

US President Bush to join President Mubarak at opening session
1500 Participants from 55 countries to take part – 18 - 20 May
Theme of the meeting “Learning from the Future”

Cairo, Egypt – US President George W. Bush will be among 12 heads of state and government welcomed by President Mubarak at the opening session of the World Economic Forum in Sharm El Sheikh on 18 May.

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Letter to Editor

I have proof

In response to Dr. Jim Lunt's letter to the editor re: Oxo degradable technology

I read Jim Lunt’s reaction and am completely baffled. Being from Missouri, after I received 10 gauge clear PLA film from Natureworks and their film producing partner, Bi-Ax, as well as the same gauge of oxo-biodegradable PE film from EPI and their film producing partner, Brentwood Plastics, I had both materials tested using a kinetic assay to determine biodegradation by an ASTM certified lab.

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Corporate Tax

CRA: Corporate Tax Harmonization Will Save Ontario Business Up to $190 Million a Year

OSHAWA - The Honourable Gordon O'Connor, Minister of National Revenue, and the Honourable Monique Smith, Ontario Minister of Revenue, today joined the Presidents of 160 Boards of Trade and Chambers of Commerce from across Ontario to outline the significant progress that has been made to harmonize the corporate tax system for Ontario businesses.

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Education

Student Leaders Elect Two New Student Trustees

Kitchener – Student leaders from Waterloo Region’s five Catholic high schools on April 30th elected Thomas Slabon of St. Mary’s High School and Alex Chmura of St. David Catholic Secondary School to represent students on the Waterloo Catholic District School Board’s Board of Trustees.


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Communication

Mayor Karen Farbridge of Guelph launches a blog

GUELPH – Mayor Farbridge has launched a blog, which she hopes will encourage more dialogue about civic affairs in the community.
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World Finance

World Bank Approves $7 Billion For Brazil

“The World Bank approved in Washington $7 billion in financing to Brazil for the next four years, of which $6 billion is concentrated in 2008 and 2009.

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Energy Bio Diesel

Vietnamese scientists extract biodiesel from sesame

Sesame, the familiar source of edible oil in Chinese and Vietnamese cuisine is also being developed to be a potential source of biodiesel. Sesame belongs to the Euphorbiacea family and is widely distributed in Africa, North America and the Caribbean.
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Environment

China To Study Steps To Help Halve Global Emissions By 2050

“In an apparent policy shift, China has agreed to ‘take notice of’ a Japanese proposal for halving global greenhouse gas emissions by 2050 and to ‘study measures’ to help meet the goal, sources familiar with Japan-China relations said Thursday.

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Home Renovations

Canadians go underground with home renovations

RSA encourages consumers to contact their insurance broker for valuable advice

TORONTO - A considerable number of Canadian homeowners are going underground and investing in renovations and valuable home contents, according to a survey commissioned by leading home, car and business insurer Royal & SunAlliance (RSA).

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Great Lakes - Water

Canada-U.S. ballast water inspections protect the Great Lakes and St. Lawrence Seaway ecosystem

OTTAWA - The Honourable Lawrence Cannon, Minister of Transport, Infrastructure and Communities, today announced support for a two-day event highlighting joint Canadian and American efforts to protect the Great Lakes and St. Lawrence Seaway from invasive species.

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Raising Cash

ARISE Technologies Corporation Announces $46.2 Million Bought Deal Treasury and Secondary Common Share Offering

WATERLOO - ARISE Technologies Corporation is pleased to announce that today it and a company controlled by Ian MacLellan, the Company's founder and Chief Technology Officer (the "Selling Shareholder") have entered into an agreement whereby a syndicate of underwriters led by Canaccord Adams and Clarus Securities Inc.

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Financial - Interest Rates

Interest rates set to climb back, taking resource stocks with them: CIBC World Markets

TORONTO - "Unrelenting pressure" on food and energy prices will reverse the direction of interest rates in the next 12 months, and lift energy and materials stocks to new record highs, notes a CIBC World Markets report.


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Human Resources Wages

National Construction Industry Wage Rate Survey

Statscan - The 2007 National Construction Industry Wage Rate Survey covered establishments with six or more employees in the construction industry in two provinces, Alberta and Saskatchewan.


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Human Resources

Dear Colleague,

Waterloo/Wellington - Today's employers need to be able to tap into all sectors of the labour market in order to meet their need for skilled workers.

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Aquisition

Corix Acquires the Barber Group of Companies

VANCOUVER, BRITISH COLUMBIA - Corix announced it has acquired the Barber Group of Companies (Barber Engineering and Controls Ltd., Barber Valve and Controls, BG Controls, and Besco Industrial Products).

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Ratified

Ford workers ratify new collective agreement

TORONTO - CAW members working at Ford in Oakville, Windsor, St. Thomas and Bramalea voted 78 per cent in favour of the new collective agreement the weekend of May 3 - 4, 2008.

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Canada vs canada

Team Canada Apparel to Be Produced in China-"Unacceptable", Says President of Teamsters Canada

MONTREAL, QUEBEC - Friday morning, the media reported that the clothing which will be worn by members of Team Canada will be manufactured in China.

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World News

Bush Pushes Shift In US Food Aid - President Proposes $770 Million Boost; New Tack in Africa.

"The Bush administration called for an emergency increase in US aid to alleviate the global food-price spike, as the administration and its allies seek to use the crisis to push for major changes in the way the world community manages the fight against hunger.

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Home Ownership

Get to Know Your Soil - How to keep your garden healthy

Tending a garden can be one of the simple joys of homeownership. If you're planning on gardening this spring, taking the time to learn a little more about your soil could help you have a healthier garden that saves you time and money in the long-run.

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Education Environment

2008 Ontario Envirothon Championships

St. George - The following teams have won at the regional level and will advance to the Ontario Envirothon Championships to be held May 7 to 10 at Tim Horton Onondaga Farms in St. George.

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Transportation Service Growth

Harper Power Products expands to Niagara Falls

The new facility is fully equipped for coaches, buses and trucks

TORONTO - John Cosgrove, President of Harper Power Products Inc. is pleased to announce the opening of a new Harper Regional Service Centre in Niagara Falls.

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Entrepreneurship

Starting up or starting over - rbc.com/tips helps Canada's newest entrepreneurs set up their own businesses

TORONTO - One of the challenges facing the 900,000 Canadians thinking about starting a business this year is where to go for advice to get the right start. This is particularly important to over half (57 per cent) of those aspiring entrepreneurs who, according to RBC's most recent Small Business survey, have never owned a business before.

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Health Care - Doctors

New OMA President Sets Recruitment and Retention as Priorities for Year
Points to predicted U.S. shortage as reason to remain vigilant

TORONTO - Dr. Ken Arnold, the new president of the Ontario Medical Association (OMA), says Ontario's health care system must be able to compete with other Canadian jurisdictions as well as the United States.

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Democracy & Right to Know

CAJ urges Ottawa to reverse decision on information database

OTTAWA - The Canadian Association of Journalists is deeply concerned by an ongoing pattern of shutting off access to information by the federal government.

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Slumber

Canada's Baby Boomers are Lacking in the Bedroom

Trend shows a drop in quality and quantity of sleep over a decade that could keep going, and impact Boomer health

TORONTO - If you're a Canadian Baby Boomer, new research indicates you likely have a complicated and unhealthy relationship with sleep at a time when you need it the most. New data from The Better Sleep Council Canada finds that even as sleep becomes more important to health as we age, Baby Boomers are not getting sufficient quality sleep and are neglecting its powerful ability to support a healthy lifestyle.