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Global Economies

Embracing the Growth Potential of Cities

As Asian cities grow, more attention will need to be paid to their environmental impact.

by James Adams
Vice President for the World Bank’s East Asia & Pacific Region

Mr Chair, Mr Kuroda, ladies and gentlemen:

It is with great pleasure that I take part in this important Summit dedicated to the challenges and opportunities of an urbanizing world. I am especially pleased to be able to represent at this event the Bank’s President, Mr Robert Zoellick – who has expressed considerable interest in the issues being raised here in Singapore.

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Sale of Operating Division

PrinterOn Transaction to Allow Company to Focus on Mobile Printing Business

Kitchener - PrinterOn Chairman Glen Wright has announced the sale of one operating division of the company to Open Text in Waterloo, Ontario.

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2008 June Car Sales

Volkswagen Canada June 2008 sales results

AJAX - Volkswagen Canada has announced that its sales totalled 3,898 new units for June 2008, a 3.2% increase compared to June 2007, and that it finished its best second quarter for sales in 7 years.

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Technology

Bell first in Canada to launch the hot Samsung InstinctTM

Full-featured multimedia touch-screen phone in stores August 8
Unlimited Internet access available for $10 a month

TORONTO – Bell announced it will introduce the Samsung InstinctTM, a stylish and highly intelligent touch-screen mobile phone, to Canada on August 8.

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Education

UW environmental studies leads national ranking of sustainable business programs

WATERLOO - The University of Waterloo has finished first in several categories that rank the 'planet friendliness' of various academic programs, including one dominated by universities with a school of business.

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Education

Dr. Leo Groarke named Acting Vice-President: Academic

WATERLOO — Dr. Leo Groarke, Principal/Vice-Principal of the Brantford campus of Wilfrid Laurier University, has accepted an appointment as Acting Vice-President: Academic for the university. The acting appointment runs from August 1, 2008 to June 30, 2009, after which Groarke will return to his position at Brantford.

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Purchase of Assets

Open Text Acquires Division of Spicer Corporation

WATERLOO - Open Text(TM) Corporation announced the acquisition of substantially all of the assets of Spicer Corporation (a privately held company) relating to its division that specializes in file format viewer solutions for desktop applications, integrated business process management (BPM) systems, and reprographics.

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Recognition of Excellence

Local Travel Company Receives Prestigious Award

Region of Waterloo - Goliger's TravelPlus has the received the prestigious Circle of Excellence award from Air Canada. This award recognizes the top 50 agencies is Canada for their sales efforts.

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3 years Later

Relationship building, union-style: Steelworkers ratify new deal with Babcock and Wilcox Canada

CAMBRIDGE - Three years after a strike against Babcock and Wilcox Canada, the United Steelworkers' (USW) Local 2859 has ratified a new three-year contract with the company that increases wages by a total of 8.5 per cent.

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Health Care

ONTARIO IMPROVING ACCESS TO COMMUNITY-BASED HEALTH CARE SERVICES

Ontario Government Provides $6.1 Million in Additional Funding To The Waterloo Wellington Local Health Integration Network

Waterloo Region - Residents in Waterloo Region now have better access to health care services closer to home as the McGuinty government injects new funding into community-based health.

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Growing Food Catastrophe

World Bank President to G8: ‘World Entering a Danger Zone’

The World — Group of 8 leaders and major oil producers must "act now" to address the "man-made catastrophe" caused by high food and oil prices, World Bank Group President Robert B. Zoellick said prior to the G8 Summit in Hokkaido, Japan, July 7-9.

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June 2008 Car Sales

June 2008 New Car Sales Results - Chrysler not reporting on July 2, 2008

GM Canada June 2008 Sales Results

June 2008 had 24 selling days vs. June 2007 with 27 selling days

Oshawa – For June 2008, General Motors of Canada dealers delivered 32,355 units, down 23.8% from a year ago.

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Guelph Chamber News

Attention Guelph, Kitchener, Cambridge, Waterloo and surrounding area businesses

Guelph Chamber of Commerce Board of Directors 2008-2009

We are delighted to let you know the results of last week’s vote for our incoming Board of Directors. With such a strong slate of candidates, we really could not lose. The complete Board is shown below, with the new candidates listed as Term 1.

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Education

UW joins international humanitarian computer network project

WATERLOO - Many University of Waterloo computers in libraries and labs that would otherwise be idle will be harnessed to help solve some of the world's most pressing humanitarian problems.


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Morning Column

The 12 Diet Myths that Sabotage Weight Loss
By Dr. Leslie Van Romer

Welcome aboard to America's diet-go-round, one you may have ridden a few times before. You plan, measure, count, weigh. You sacrifice, deprive, starve then crave. You sneak (as if you can really sneak from yourself). You guilt. You beat yourself up. You lose. You gain. You lose. You plateau. You get depressed, frustrated and feel like a hopeless failure.

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Environment and Innovation

Majority of Canadian engineering programs geared toward preaching principles of sustainability

Toronto - Corporate Knights Magazine unveils the fifth-annual Knight Schools ranking. The ranking analyzes how Canadian universities fare in integrating sustainability into the school experience.

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Morning Column

Use Intuition to Enhance Your Professional Success
By Jon Stetson

Ask any successful person what process he or she uses when making decisions, creating new ideas and strategies or knowing what to say to get people to take action, and the answer you'll hear most often is "intuition." Called by other names, such as "gut feeling," "a hunch," or even "a guess that seems to come out of nowhere," intuition is usually the real explanation for all those "educated guesses" that almost always seem right.

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Equity Building

The lack of money is never about money
by Sandi Gale

Thoughts, not money are the true capital

Toronto - Obtaining financial wealth starts by understanding that the concept of rags to riches is not just a dream, but merely a change in what you believe about money.

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Construction

Construction firms should look eastwards as growth slows in mature markets

Toronto —As the pipeline of construction projects comes under pressure in the mature markets of the US, UK and Western Europe, construction firms are increasingly looking to Central and Eastern Europe (CEE) to diversify their opportunities, according to research launched by PricewaterhouseCoopers (PwC). The scale of infrastructure investment needed in CEE and the steps taken by local government to enhance the attractiveness of these investments are key drivers attracting international interest in the region.

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Virtual Infrastructure

New Partner Joins Celtic House Venture Partners

OTTAWA - Celtic House Venture Partners is pleased to announce the appointment of Pierre-Andre Meunier as Partner effective July 2, 2008. Pierre-Andre will lead the firm's investment activities in the Ottawa-Montreal region. Pierre-Andre's operational and investment experience is complementary to that of the existing Celtic House team.

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2008 Corporate Citizens

Hydro One honoured in the Top Ten Corporate Citizens; Company ranks first amongst utilities

TORONTO - Hydro One has been recognized by Corporate Knights Magazine as one of Canada's Top 50 Corporate Citizens. The Company placed 6th in the annual ranking, moving 20 spots from its 2007 ranking, and placed first when compared against other companies in the utility category.

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Energy

Biogas fuels city buses, garbage trucks, taxi cabs, even a train in Sweden
By David Quigley

EDMONTON - With the relentless increases in oil prices, alternative fuels for transportation that promise clean, renewable energy are acquiring a higher profile.

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Climate Change

Will climate change forum generate more than hot air?
by Megan Rowling

Imagine a network of thousands of tiny weather stations dotted around Africa, each conveying critical meteorological data to farmers through mobile phones, radio or even comic books.

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Environment

Cambridge Stewardship Trailer Wins National Design Award

Cambridge - The City of Cambridge won a national design award on June 20, 2008. The 3M / Private Motor Truck Council 2008 Vehicle Graphics Design Award was presented to Speedpro and the City at an awards luncheon at Queen’s Landing in Niagara-on-the-Lake, Ontario.

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Justice, Law and Ethics

Canadian law programs rate high on sustainability

Social justice, human rights and professional ethics essential components in analysis

Toronto - In reviewing law programs, the researchers at Corporate Knights adopted a broad definition of sustainability that encompassed environmental and social concerns. Issues of social justice, human rights, professional ethics, cultural diversity, climate change, and conservation were considered.

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New Name

Manulife Securities is new name across Canada for combined Manulife, Berkshire-TWC businesses

TORONTO - Manulife Securities is the new trade name for a group of companies consisting of a mutual fund dealer, investment dealer and insurance agency operating across Canada, following Manulife's purchase of Berkshire-TWC Financial Group Inc.

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Education

Top Canadian graduate programs rated on sustainability

Study looked at environmental and social concerns - University of Waterloo renewed Environmental Undergraduate Program takes top spot in undergraduate work and Schulich School of Business at York University again was awarded the title of best sustainable MBA program in Canada.

Toronto, - On July 2, 2008 Corporate Knights Magazine unveils the fifth-annual Knight Schools ranking. The ranking analyzes how Canadian universities fare in integrating sustainability into the school experience.

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Entrepreneurship

Business 'Churning' Good for Nation's Economic Growth and Productivity According to Kauffman Foundation Report

Study provides insights into the role new firms play in economic growth

KANSAS CITY, Mo., – While the current economic turmoil arouses anxiety and concern over job losses and business failures, new research by the Ewing Marion Kauffman Foundation shows that the "churning" of jobs and businesses also sows the seeds for future growth and productivity gains. New firms play a vital role in the process that links churning to productivity gains.

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Retail

Golf Town Acquires Accolade Reaction Promotion Group

Leading Retailer Expands Corporate Sales Program

TORONTO – Golf Town – Canada’s largest golf retailer with unequaled selection and competitive prices at 39 locations coast to coast – announces the acquisition of Accolade Reaction Promotion Group Inc. (ARPG), the nation’s largest provider of corporate promotional products.

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Morning Column

The Employee-Customer Connection
By Bill Catlette and Richard Hadden

There are few connections in the world of business clearer than the one between how an organization treats its employees and how those employees treat their customers.

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Exchange Listing

CME Group to Move Listing to The NASDAQ Stock Market

Listing to Switch from Dually-Listed Status to Solely Listed On The NASDAQ Global Select Market

NEW YORK - The NASDAQ OMX Group, Inc. announced June 30, 2008 that CME Group will list its common stock solely on The NASDAQ Global Select Market. CME Group will cease listing on the NYSE on July 11, 2008 and commence trading on The NASDAQ Global Select Market on July 14, 2008 under the symbol (Nasdaq:CME). CME Group has been listed on the NYSE since December 2002 and dually listed its stock on the NASDAQ in May 2005.

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Financial

Manulife Investments expands IncomePlus fund offering

WATERLOO - Manulife Investments has announced that it will give clients and advisors significantly more investment choice in its industry-leading Guaranteed Minimum Withdrawal Benefit (GMWB) product, IncomePlus.

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Media

Supreme Court Decision Strengthens Press Freedom - Newspapers Laud Ruling in Landmark "Fair Comment" Case

OTTAWA - In its first decision concerning the libel defence of "fair comment" in nearly 30 years, the Supreme Court of Canada has come down strongly in support of free expression by upholding the dismissal of a lawsuit against Rafe Mair, a B.C. talk-show host known for strong opinions on controversial subjects.

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Video

Peter Diamandis: Stephen Hawking hits zero g

TED - X Prize founder Peter Diamandis talks about how he helped Stephen Hawking fulfill his dream of going to space -- by flying together into the upper atmosphere and experiencing weightlessness at zero g.

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Takeover - No Action

Virtek Retains Financial Advisor

Shareholders Advised To Take No Action In Response To Unsolicited Takeover Bid

WATERLOO - Virtek Vision International Inc. announced June 30 that the Company has engaged Genuity Capital Markets ("Genuity") as financial advisor. Genuity will assist with the review of an unsolicited takeover bid by StockerYale, Inc., as well as a review of strategic alternatives to the StockerYale bid.

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Morning Column

The Domain Blast
by Naseem Javed

Now you can buy any domain with any suffix. If a dotcom is gone, so what? For a cost, you can create your own suffix, any letters and any name.

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New Owners

New Owners at the Helm of The UPS Store Canadian Network

OAKVILLE - MBEC Communications Inc. (MBEC), the privately held Canadian company that owns The UPS Store and Mail Boxes Etc. master license in Canada, today announced new owners of the company.

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Morning Column

Take Your Biggest Problem … and Skip It
By Daniel Burrus

Every business has problems that can halt progress and cause the company to stagnate: slow cash flow, out-of-date technology, long sales cycles, etc. Often when trying to "fix" the problem, the company gets even more mired in the challenge and can't seem to get past the roadblock. Often they focus on the problem, shift into crisis management and let it dictate their every move.

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Energy

Plug Power and Ballard Extend Supply Agreement Through 2010

Agreement Strengthens Partnership Between Industry-Leading Fuel Cell Companies

LATHAM, N.Y. and VANCOUVER, British Columbia - Plug Power Inc. ), a leader in providing clean, reliable energy solutions, and Ballard Power Systems, a world leader in clean energy fuel cell products, announced July 2, 2008 that the two companies have extended their existing supply agreement through December 31, 2010. The previous agreement was set to expire May 1, 2009.

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Appointment

Forrest Colliver Joins EMS SATCOM as Vice President of
Business Development

Aeronautical Communications Expert to Drive Strategic Programs

OTTAWA - EMS SATCOM, a division of EMS Technologies, Inc. (Nasdaq:ELMG), announced that Forrest Colliver has joined the company as Vice President of Business Development. In this new role, Colliver will lead EMS SATCOM's strategic initiatives and oversee the division's partner programs and marketing.

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2008 Corporate Citizens

IBM Tops List of 50 Best Corporate Citizens in Canada for 2008

Toronto - Corporate Knights has released the 7th Annual Best 50 Corporate Citizens in Canada, the definitive annual list of Canada's top corporate citizens.

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Global Union

First Global Union Being Created to Build Bargaining Power

LAS VEGAS - The world's first global union will be unveiled at the United Steelworkers (USW) international convention July 2, 2008 in Las Vegas.

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Technology

Association Goes Global and Offers a New Tech Designation

Senior Execs and Academics now able to qualify for first-ever international designation

TORONTO - CIPS announced that the association has taken a leadership role globally and is now offering a new, internationally-recognized professional Information Technology (IT) designation. The new CIPS professional designation will be called the Canadian IT Professional (pending final trademark approval). This new Canadian professional designation will allow senior IT practitioners to qualify for the first-ever International Information Technology (IITP) designation(*) to be launched world-wide in 2009, and thus enjoy international professional recognition.


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Environment

Government records show close to no environmental regulation enforcement in Alberta's Tar Sands

LIBRARY LATE FEES IN CALGARY AND EDMONTON TOTAL 16 TIMES MORE THAN ENVIRONMENTAL FINES LEVIED AT TAR SANDS COMPANIES

TORONTO - After a recent spate of 'greening' campaigns by government and industry for the Tar Sands, information obtained by ForestEthics shows government is failing to enforce environmental regulations, giving oil sands companies a free ride.