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Business, Economics, Education, Entrepreneurs,
Environment, Science and Technology
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Week 7 /
February 11, 2008 - February 15, 2008 |
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Friday, February 15, 2008
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2008 Outlook
December International trade surplus shrinks to 9-year low - deeper drop to continue for 2008
"Goodbye twin surpluses," says Doug Porter, deputy chief economist at BMO Capital Markets. The U.S. share of Canada's exports fell to 76.4 percent last year from 79.2 percent in 2006.
OTTAWA - Many news organizations reported on yesterdays Statscan report highlighting Canada's trade surplus shrinking to a nine-year low in December, likely dragging down economic growth and possibly leading to the country's first current account deficit in more than a decade.
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Moving on
MEDA's loss a gain for TourMagination
Head of resource development moving to private sector
Waterloo, ON Mennonite Economic Development Associates (MEDA) has spawned another entrepreneur, this time from the ranks of its own management team. MEDA, which prides itself on creating business solutions to poverty, has accepted the resignation effective April 30 of Ed Epp, vice president of resource development, "with great reluctance," said president Allan Sauder.
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Climate Change
Study finds profit in cutting emissions
By Fiona Harvey in New York
New York - Financial Times Reported that half the cuts in greenhouse gas emissions needed to make the world safe can be achieved at a net profit to the global economy, a study has found.
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Energy - Fuel Efficient Awards
Most Fuel-efficient Vehicles Honoured with ecoENERGY for Vehicles Awards
TORONTO The Government of Canada recognized the manufacturers of the most fuel-efficient cars and light trucks for 2008 through the ecoENERGY for Vehicles Awards. The awards were presented today at the Canadian International Auto Show in Toronto by Mike Wallace, MP for Burlington, on behalf of the Honourable Gary Lunn, Minister of Natural Resources.
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Social Networking
RIM: BlackBerry's future lies in social networking
Research In Motion Co-chief executive Jim Balsillie says an enterprise social-networking revolution is on the way.
By Natasha Lomas
BARCELONA, Spain--The secret of the BlackBerry's success is security, according to Research In Motion's co-chief executive, Jim Balsillie, but social networking is its future.
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Climate Change
First datasets for U.S. "National Biomass and Carbon Dataset" now available; useful tool for bioenergy sector
Falmouth, MAScientists at the Woods Hole Research Center working to produce America's "National Biomass and Carbon Dataset" for the year 2000 (NBCD2000) are releasing data from nine project mapping zones. All NBCD2000 data products are being made available for download on a zone-by-zone basis and free of charge from the NBCD2000 project website.
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Quarterly Report
Manulife Financial Corporation reports record annual and quarterly results
TORONTO - Manulife Financial Corporation reported record shareholders' net income of $4,302 million for 2007, an increase of eight per cent over the full year 2006. Fully diluted earnings per share were $2.78, an increase of 11 per cent compared to the $2.51 reported a year ago. Return on common shareholders' equity(1) was a record 18.4 per cent for 2007, up from 16.8 per cent in 2006.
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Education Bioscience
Ontario Invests in New Research Complex at Brock
Ontario Government Supports Students and Research
ST. CATHARINES, ON - Ontario is investing in a new research complex at Brock University. The new Health and Biosciences Research Complex will create a place for leading researchers in health, biosciences and chemistry to explore ideas that will advance human health. Ontario will invest $33.5 million in the project.
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Clay Hampet - Black Gold
Survey: OPEC Pumps 32.25 mb/d Crude Oil in January, up 220,000 b/d
LONDON - The 13 members of the Organization of Petroleum Exporting Countries (OPEC) pumped an average 32.25 million (m) barrels per day (b/d) of crude oil in January, or a 220,000 b/d increase from December's rate of 32.03 million b/d, a Platts (http://www.platts.com/) survey of OPEC and oil industry officials showed February
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Climate Change
Global Business Leaders to Tackle Climate Change and Enact Industry-Wide Changes
TOKYO, JAPAN - A business group including leading companies such as Sony, Nokia and Nike has come together to present the Tokyo Declaration, a joint call to tackle the urgent issue of climate change.
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Expansion in Kitchener
Arbour Health Group opening a location in Kitchener
Arbour Health Group, a Guelph-based company that offers safe, efficient, and economical workplace solutions for injured employees, is opening a location at 585 Queen Street South in Kitchener.
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Innovation and Achievment
Harvard Business School Sets Out Centennial Activities
School Honors Past, Turns Focus to Future of Leadership in Business and Beyond
BOSTON, MA - Harvard Business School (HBS) will mark its Centennial in 2008 with a yearlong celebration of innovation and achievement and a series of special events designed to frame management education and research in the decades to come.
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Barcoding Books
International Barcoding Project Gets $5-Million Boost
Guelph - A revolutionary "library of life" that will allow the rapid identification of any animal, plant, fungus or protist is one step closer to reality. The provincial government today announced a $5-million investment in the International Barcode of Life (iBOL) project, which will be headquartered at the Biodiversity Institute of Ontario (BIO) at the University of Guelph.
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Expanding the Reach
The Ultra Sleek BlackBerry Pearl 8110 Smartphone with Built-in GPS Launches in Hong Kong
Hong Kong - Research In Motion (RIM) introduced the ultra sleek BlackBerry® Pearl 8110 smartphone in Hong Kong. Designed for people who want to make the most of their work and personal lives.
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Carbon Capture
New materials can selectively capture carbon dioxide, UCLA chemists report
UCLA chemists report a major advance in reducing heat-trapping carbon dioxide emissions in the Feb. 15 issue of the journal Science.
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Strategic Play
RBC to acquire Ferris, Baker Watts, Incorporated
Strategic move expands wealth management presence in key U.S. regions
MINNEAPOLIS, MN and WASHINGTON, DC - Royal Bank of Canada, and Washington D.C.-based Ferris, Baker Watts, Incorporated (FBW), announced the signing of a definitive merger agreement pursuant to which RBC Dain Rauscher Inc. will acquire FBW.
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Trade Mission
Minister Mackay to lead Canada's Atlantic Gateway business mission to India
HALIFAX - The Honourable Peter MacKay, Minister of National Defence and Minister of the Atlantic Canada Opportunities Agency (ACOA), will lead an Atlantic Gateway-focused business mission to India from February 18 to 22, 2008.
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2008 Outlook
Manulife's Wealth Business May Feel Mkt Pain - CEO
TORONTO - Insurance company Manulife Financial Corp (MFC.TO: Quote, Profile, Research) is in the best shape it has been in years, but management still worries about how financial market turmoil will affect the wealth-management side of the company, its top executive said on Thursday.
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Centres of Excellence
Government of Canada announces 11 new Centres of Excellence for Commercialization and Research
World-class centres will share $163 million to move discoveries out
of the lab and onto the marketplace
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OTTAWA - The Honourable Jim Prentice, Minister of Industry, today announced $163 million to establish 11 new Centres of Excellence for Commercialization and Research (CECRs). These centres will share $163 million to pursue major discoveries and bring them to the marketplace over the next five years.
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5 Horsemen
Open Letter: To the Right Honourable Stephen Harper, Prime Minister of Canada and the Honourable Gerry Ritz, Minister of Agriculture and Agri-Food Canada
OTTAWA - As the five chairmen of the national supply-management organizations we would like to clarify our intent and purpose in acknowledging the strong leadership and commitment of the federal government in our open letter dated February 11, 2008.
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Turn up the Volumn
NASDAQ Announces January Market Share Performance Statistics
Sets Records in Share Volume and Market Share in All U.S. Securities
Matched Volume in NYSE Securities Increased by over 200 Percent Year over
Year for January
Share Volume and Market Share Records Set in All U.S. Exchange Traded
Funds
NEW YORK, - The Nasdaq Stock Market, Inc. announced that its matched volume in all U.S. securities increased by 91%, a record high of 58.9 billion shares in January, as compared with 30.9 billion shares in January 2007. Consolidated volume in all U.S. securities in January was a record 186.4 billion, compared with 111.5 billion in January 2007.
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Education Libraries
MORE LIBRARY STAFF FOR STUDENTS IN WATERLOO REGION
Waterloo Region - Ontario Government Expands School Library Services Kitchener Elementary students in Waterloo Region are going to get extra help reading and learning in their school libraries, said Leeanna Pendergast, MPP Kitchener-Conestoga.
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50 Best Managed
Custom House Ltd. Named 'Best Managed Company' for Eight Straight Years
Global Payments Company achieves Platinum Status from Canada's Best Managed program for second year by focusing on core competencies
VICTORIA, BRITISH COLUMBIA--(Marketwire - Feb. 14, 2008) - Concentration on what it does best has landed global payments company Custom House Ltd., on the list of Canada's 50 Best Managed Companies for the eighth year in a row.
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Thursday February 14, 2008
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Association Reacts to Need for Policy Reform
Canada's Chemical Producers: 'Petromont Closing a Major Loss'
OTTAWA - The Canadian Chemical Producers' Association (CCPA) reacted to news that Petromont will be ceasing operations at its Quebec facilities, impacting over 300 workers.
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Educational Philanthropy
BLM Transportation Donation Advances Skills Education Future economic progress and prosperity depend on skills education * developing excellent programs of instruction appropriate to employers* needs and goals.
Guelph - Polytechnic institutions such as Conestoga College Institute of Technology and Advanced Learning seek corporate partners and supporters to guide this process, and Conestoga has found a partner in BLM Transportation Group of Kitchener.
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Post Paid Cellular Market
ENABIL Solutions Helps Virgin Mobile Canada Launch a Mobile Revolution
ENABIL's Simple and Flexible Software will Put Customers in The Driver's
Seat
CALGARY - ENABIL Solutions today announced that they were the successful vendor in the competitive process for Virgin Mobile Canada's Managed Customer Care and Billing Services; a selection that was made in March, 2007.
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Policy Change Needed
It's Time to Stand up for Victims, Not Criminals
OPP Association Urges Canadians to Sign Petition
BARRIE - It's time the rights of victims and their families outweighed those of criminals. That's the message from the President of the Ontario Provincial Police Association (OPPA), Karl Walsh, who is asking all concerned Canadians to sign an online petition at www.oppa.ca.
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Where's The Beef
Government of Canada teams up with cities to help Canadians travel cleaner and greener
OTTAWA - The Government of Canada will invest $4 million over three years in ecoMOBILITY initiatives. This funding is part of a $10-million program that was announced last year to help Canadians protect their health and environment by giving them more sustainable transportation choices.
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Ratified Agreement
Teamsters Canada: Membership at CP Ratifies Contract
OTTAWA - Teamsters Canada Rail Conference, representing all running trades employees at CP Rail, announced today that their members have ratified a new five year contract by a margin of 59%.
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Retail Sales Forecast - Quebec
Retail trade: 2007 Results and 2008 Outlook
MONTREAL - The Conseil québécois du commerce de détail (CQCD)/Retail Council of Quebec released earlier today the results of its annual report on the status of the retail industry and consumer spending in Quebec and Canada for the year 2007 and perspectives for retail sales for 2008. This study was conducted with the cooperation of Géocom Recherche.
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Commitment to Biotech
Farmers continue to show commitment and support for plant biotechnology in Canada and around the world
CropLife Canada releases two new independent studies on the commercial success of biotech soybeans and corn in Canada
TORONTO - Today's farmers are reaping the benefits as the global acreage of biotech crops continue to rise exponentially. According to the International Service for the Acquisition of Agri-Biotech Applications (ISAAA), global biotech crop acres have reached 282.4 million acres in 23 countries in 2007, an increase of 12 percent from 2006.
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Tourism Road Trips
Canada’s Heritage Day Signals Start to Week Long Heritage Events in Ontario.
North of Toronto - The week staring Monday February 18 is the time to celebrate and remember our past, our rich history and many cultures. Monday February 18 is a time to enjoy Ontario’s first family day along with Canada’s Heritage Day.
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Ontario Energy
Hydro One Releases 2007 Year-End Financial Results
TORONTO - Hydro One Inc. released its 2007 year-end results with net income for the year of $399 million and revenues of $4,655 million.
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Human Resources
Web 2.0 trend to revolutionize corporate training in the coming decade
TORONTO - Rip, mix and burn your training. Do some of these words sound familiar? It's how most people today are sharing and listening to their music. You create your music, rip or copy it, mix the songs to create new tunes and then burn it to a CD.
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2008 New Models
Volkswagen introduces two new models at the 2008 Canadian International Auto Show
AJAX - Volkswagen Canada is pleased to announce the Canadian debut of two new production vehicles at the 2008 Canadian International Auto Show in Toronto.
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Morning Column
Motivation Through Mission
By Bill Catlette and Richard Hadden
On September 12, 1962 in one of the best speeches ever made, President
John F. Kennedy committed the nation to a path of manned space
exploration that would take us to the moon. It launched a hope, a dream,
a view of the future as bold and bright as the moon he committed not
just an agency, but an entire nation to reach.
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Energy - Do It Yourself
Norbord opens biomass power plant at Scottish fibreboard factory - bioenergy meets almost 70 percent of company's total energy needs
Scotland - UK Energy Minister Malcolm Wicks has opened a multi-million pound biomass unit at the European headquarters of wood-products manufacturer Norbord, near Stirling in Scotland. The company will use the green energy to power its Cowie factory, drastically cutting the level of emissions from the power unit. Renewable biomass now meets more than 65 per cent of the multinational company's total energy needs and has cut emissions nearly by half over the past five years.
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Ongoing Recognition
EllisDon Corporation Maintains Status as one of Canada's Best Managed Companies
MISSISSAUGA - EllisDon Corporation today announced that it has re-qualified to maintain its status as a Best Managed company, according to Canada's 50 Best Managed Companies program for 2007. This marks the 5th year that EllisDon has made the prestigious list which is sponsored by Deloitte, CIBC Commercial Banking, National Post and Queen's School of Business.
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2008 New Models
Audi R8 Sweeps Canadian Car of the Year Awards
- Audi R8 declared "Canadian Car of the Year" by Automobile Journalists
- AJAC's "Best New Design" award presented to the Audi R8
- Audi R8 also named winner of AJAC's "Most Coveted Vehicle" award
Toronto - Audi Canada captured the triple crown of Canadian automotive awards with the all new R8 mid-engined sports car. At the opening press conference of the Canadian International Auto Show in Toronto, the spectacular Audi R8 was presented the 2008 "Canadian Car of the Year" award by the Automobile Journalists Association of Canada (AJAC).
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Morning Column
Attain Your Goals by Creating Your Life's Opus
By Douglas Vermeeren
Most people want to live a fulfilling and rewarding life. That's
why there's no shortage of self-help materials on how to set goals and
design an ideal life. However, even with the plethora of information
available on how to create the life of your dreams, many people still
feel dissatisfied and unable to reach key goals they've outlined for
themselves. What are these people missing?
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Offshore Legal Services
Legalwise Brings Offshore Legal Outsourcing Services to the Canadian Market
New Outsourcing Service Embraces Offshoring Trend to Alleviate Costs and Reduce Resource Requirements for Labour-Intensive Legal Tasks
TORONTO - Following on the heels of a rapidly growing trend in the U.S. and U.K., Legalwise Outsourcing Inc. introduced offshore legal outsourcing services to the Canadian market. By providing offshore legal services through an outsourced model to law firms and in-house lawyers across Canada, Legalwise is lowering the cost of labour-intensive legal tasks.
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International Trade Slips
Canadian international merchandise trade - December 2007
Statscan - Canada's merchandise trade surplus with the world shrank to its lowest level in nine years in December, as exports declined and imports edged up.
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Historical Stand Off
Victoria University Northrop Frye Hall occupation underway this morning
Students, academics, supporters demand that United Church of Canada
Archives stay put
TORONTO - Nearly two months after the United Church of Canada/Victoria University Archives were closed to the public, a coalition of activists, students and academic researchers are set to occupy the offices of Victoria University President Paul Gooch to try and stop the valuable 108-year-old collection from being removed from its home in the Birge-Carnegie Library of Emmanuel College.
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2008 New Models
Chrysler Canada showcases all-new 2008 & 2009 cars and trucks at 2008 Canadian International Automobile Show
- Chrysler Canada Keeps momentum going into 2008 with new products
- 2008 Dodge Challenger SRT8 Makes Canadian Debut in Toronto
- 2009 Dodge Ram 1500 Makes Canadian Debut in Toronto
- 2009 Dodge Journey Makes Toronto Debut
TORONTO - Chrysler Canada, the number two seller of automobiles in Canada, is using The 2008 Canadian International Automobile Show, February 15-24, as a stage to show off for the first time together three of its' most important new vehicles coming to market in 2008.
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Solid Quarterly Results
Sun Life Financial Reports Record 2007 and Solid Fourth Quarter Results
Annual operating earnings up 10%, earnings per share up 11%
Note to Editors: All figures shown in Canadian dollars unless otherwise
noted.
TORONTO - Sun Life Financial Inc.(1) today announced operating earnings(2) of $560 million for the fourth quarter of 2007. Fully diluted operating earnings per share (EPS)(3) of $0.98 increased 4% over the fourth quarter of 2006.
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Quarterly Dividends
Sun Life Financial increases quarterly dividend on Common Shares and declares dividend on Preferred Shares
TORONTO - The Board of Directors of Sun Life Financial Inc. today announced a quarterly shareholder dividend of $0.36 per common share, payable April 1, 2008 to shareholders of record at the close of business on February 27, 2008.
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Culture and Arts
Just For Laughs Road Show Announces Line-up for Centre In The Square Show
Kitchener, ON - The Just For Laughs Road Show is back at the Centre In The Square on Thursday April 10, 2008, 8:00 p.m. Get ready to laugh as the line-up this year will have you rolling in the aisles! The comedian’s booked for this performance are Jim Short, Joe Starr, Andrew Goose and Tim Nutt.
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2008 New Models
Toyota showcases sustainability concept vehicles - the Hybrid X and i-REAL - at the 2008 Canadian International Auto Show
TORONTO - Auto enthusiasts in the Greater Toronto Area will get their first look at the future as Toyota Canada Inc. (TCI) unveils the Toyota Hybrid X and Toyota i-REAL concept vehicles at the 2008 Canadian International Auto Show.
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2008 Canada's Budget
2008 Federal Budget What’s the Outlook for Tax Changes?
Ottawa - KPMG reports Finance Minister Jim Flaherty has announced that he will deliver the Conservative government’s third federal budget on February 26, 2008. The government’s minority status and ongoing speculation about the timing of the next federal election are undoubtedly influencing this year's budget-making process.
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US Internet Regulations
CEI Files Comments on "Net Neutrality"
Urges FCC to Let Network Practices Evolve in the Market
Washington, D.C. - On Wednesday the Competitive Enterprise Institute filed public comments with the Federal Communications Commission, urging the commissioners not to regulate the speed and pricing of traffic across broadband networks. CEI’s comments emphasized the problems with locking in a regulatory structure that would slow investment, innovation and growth in such a rapidly evolving industry.
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2008 Family Day
Families come first at The Children's Museum - Museum celebrates first Family Day
Kitchener - The Children's Museum in downtown Kitchener is thrilled to be offering special hours, prices and programming for the first ever Family Day, this coming Monday, February 18th.
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2008 Tax Tips - Child Benifits
Canada Revenue Agency: Apply for Child Benefits Online; it's Safe and Convenient
OTTAWA - The Canada Revenue Agency (CRA) announced today that, since its launch in July 2007, 11,851 Canadians have applied for child benefits online. This accounts for 3.8 percent of all new applications for child benefits.
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2008 New Models
Toyota Yaris and Toyota Prius win 2008 ecoENERGY for Vehicle Awards
TORONTO - Toyota Canada Inc. today announced that it received two awards for class-leading fuel efficiency from the federal government's 2008 ecoENERGY for Vehicle Awards program. Natural Resources Canada's Office of Energy Efficiency announced the winning vehicles today at the Canadian International Auto Show in Toronto.
Toyota's class-leading vehicles for fuel efficiency are as follows:
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2008 Carbon Calculating
'Footprint' Calculator to Be Launched Friday
Guelph - The University of Guelph will launch its web-based "Zerofootprint" calculator Friday February 15, at 11 a.m. on the main floor of the Library. The cutting-edge tool will allow people to measure their ecological footprint and reduce their collective impact on the environment.
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2008 Strategic Planning
Guelph Museums Launches Strategic Planning Process
Guelph - Guelph Museums Board of Management and staff are pleased to announce the launch of a strategic planning process. “Long-term planning for the future is important for all institutions, especially those that should reflect their community,” said Jim Hall, Chair, Museum Board of Management.
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Profit Forecast
Canada's oil extraction industry to enjoy another year of record profits
OTTAWA - Thanks to increasing oil sands production and record high oil prices, profits in Canada's oil extraction industry are expected to increase by almost 18 per cent to nearly $23 billion in 2008, according to the Conference Board's Canadian Industrial Outlook: Canada's Oil Extraction Industry - Winter 2008.
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2008 Honorary Degrees
Six to Receive Honorary Degrees During Winter Convocation
Guelph - Stephen Lewis, one of the world's most influential speakers on human rights, social justice and international development, will receive an honorary degree during winter convocation, which runs Feb. 19 to 22 in War Memorial Hall. ____________________
Health Care - Nursing Homes
Workers picket County of Oxford Courthouse
WOODSTOCK - Workers from Woodingford Lodge represented by CAW Local 636 are picketing the County of Oxford Courthouse in protest against the major concessions demanded by the county at the nursing homes.
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2008 Immigration
Immigration plan announced at UW
Waterloo - Two provincial cabinet ministers visited UW Tuesday February 12, to announce a change in the rules that will allow more international students to stay in the province, and thus in Canada, after they graduate.
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Wednesday February 13, 2008
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Potential for Hostile Takeover
Microsoft Could Go “Hostile” with Yahoo Offer
Statement of Cord Blomquist - Technology Policy Analyst, Competitive Enterprise Institute
Washington, D.C.On Monday Microsoft announced that it “reserves the right to pursue all necessary steps” to present its buyout offer to Yahoo shareholders. This statement was issued in response to Saturday’s rejection by Yahoo’s board of the $41 billion dollar offer from Microsoft.
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2008 Quarterly Results
ATS reports third quarter results and performance improvement initiatives
Healthcare revenue increased 22%
Computer-electronics revenue declined by 10%
Automotive revenue declined 13%
Energy market increased by 71%,
Other"markets increased 62%.
CAMBRIDGE - ATS Automation Tooling Systems Inc. today reported its financial results for the three and nine months ended December 31, 2007 - as well as a number of initiatives to restore profitability, reduce costs and improve operational effectiveness in fiscal 2009.
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Climate Change - World Action
UN chief, NY mayor urge world action on climate change
UNITED NATIONS New York Mayor Michael Bloomberg joined UN chief Ban Ki-moon here Monday in galvanizing world action to roll back climate change, an issue he described as "just as important" as nuclear proliferation and terrorism.
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Salary Still Tops
Survey Finds Salary Remains Top Draw for Job Candidates but Benefits Gaining in Popularity
TORONTO - A recent survey suggests that successfully wooing job candidates takes more than salary alone. While 31 per cent of chief financial officers (CFOs) interviewed said offering higher compensation than competitors is the most effective incentive for attracting accounting professionals.
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Environment - Assorted Information
Dear Editor,
Here are the current news and links on Terra Preta (TP) soils and closed-loop pyrolysis of Biomass, this integrated virtuous cycle could sequester 100s of Billions of tons of carbon to the soils.
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Communitech CIO Conference
CIO Conference returns to Southwestern Ontario
WATERLOO REGION - Chief Information Officers and technology leaders will gather in Waterloo Region on February 27 for CIO/08, Southwestern Ontario’s only executive conference on technology solutions for business.
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Broadened Use
The FeedRoom Inc. Deepens Integration with Open Text's Artesia Digital Asset Management Solution
Tighter Integration with Artesia DAM will Enhance FeedRoom Video
Offerings as Customer Base Grows and Needs Evolve
CHICAGO - Open Text(TM) announced that The FeedRoom Inc., a leading provider of Web video and digital media solutions and services, has broadened its use of Open Text's Artesia Digital Asset Management (DAM) solution as part of its ongoing mission to meet the evolving multimedia needs of its growing client base.
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Morning Column
The Real Reasons Employees Leave, and How to Keep the Best
by Jim Welch
Why do people leave teams and organizations?
The # 1 reason people leave jobs is because they fail to connect with their bosses as leaders and as people. People are rarely honest about why they leave a company. Too many associates that depart follow Jimmy Conway’s advice (played by Robert DeNiro) in the 1990 hit movie “Goodfellas,” who told Henry Hill (played by Ray Liotta), “Never rat on your friends and keep your mouth shut.”
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Philanthropy - Food
Presbyterian churches in Kitchener-Waterloo solicit supermarkets for Potato Blitz
Kitchener - House of Friendship is pleased to announce that five K-W Presbyterian churches will again be soliciting at nine supermarkets in Kitchener-Waterloo on Saturday, February 16, 2008 from 9 am 3 pm. This event is part of House of Friendship’s annual February Potato Blitz.
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Morning Column
Unlock the Power and Potential of Your Team: 5 Secrets to Empower Your People and Become a Better Leader
By Lee Froschheiser
As the boss or manager of your company, do you frequently feel like things are spinning out of control? If the answer is yes, you're not alone. All too often, employers find themselves struggling to keep pace with the day in, day out responsibilities of the job.
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Recognition from Peers
Alden E Gibson R.H.I. of Breslau, Ontario, Receives Special Service Award From American Society of Home Inspectors
BRESLAU, Ontario Alden E. Gibson R.H.I., a seasoned home inspector and founder of Inspections by Gibson in Breslau, Ontario, has been awarded the 2007 Special Service Award from the American Society of Home Inspectors (ASHI).
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Aging Infrastructure
Study: The age of public infrastructure, a provincial perspective - 2007
Statscan - The average age of public infrastructure has been falling almost steadily in most provinces for the past seven years. This rejuvenating trend was fuelled mainly by large investments in highways and roads in Quebec and Ontario, according to a new study.
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Carbon Capture
Carbon Capture Strategy Could Lead to Emission-Free Cars
ATLANTA Researchers at the Georgia Institute of Technology have developed a strategy to capture, store and eventually recycle carbon from vehicles to prevent the pollutant from finding its way from a car tailpipe into the atmosphere. Georgia Tech researchers envision a zero emission car, and a transportation system completely free of fossil fuels.
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2008 Waterloo Guelph Region Economic Report
Economic Report for Waterloo-Guelph Region
Outlook calls for Short-Term Pain, Long-Term Gains
Waterloo Region - The Waterloo Region and Guelph area is “one of the brightest stars in the Canadian economic skies,” according to a new report published by BMO Financial Group and Canada’s Technology Triangle Inc.
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Kitchener Supports Awareness of Climate change
City committee supports participation in Earth Hour movement
KITCHENER - The City of Kitchener is close to filling a spot on the long list of participants in the second annual Earth Hour challenge, which will take place March 29, 2008.
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2007 Year End Investment Data
Canadian Private Equity Buyouts Set New Records in 2007
Activity Levels Remain Solid through Q4
TORONTO - Canada’s Venture Capital and Private Equity Association (CVCA) together with research partner Thomson Financial today released yearend investment data for 2007, including details of fourth quarter activity.
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Aquisition
COM DEV Acquires Passive Microwave Devices Product Line From L-3 Communications
$12.2 million transaction accelerates Company's entry into US Government
Space market
El Segundo, CA, Cambridge, ON - COM DEV USA, LLC, a subsidiary of COM DEV International Ltd. Cambridge, Ontario Canada, announced that it has reached an agreement with L-3 Communications to acquire the Passive Microwave Devices product line of L-3 Communications Electron Technologies Inc. for $12.2 million.
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Indefinite Plant Closure
Shermag in Lennoxville - Closure for an indefinite period
ST-JEAN-SUR-RICHELIEU, QC - The 45 Steelworkers at Shermag in Lennoxville have just learned that their plant will be closing for an indefinite period of time. They will be laid off eight weeks from now.
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Aging Infrastructure
U.S. EPA releases inspection reports for South Marin sewage collection systems
SAN FRANCISCO Following the recent large sewage spills to the San Francisco Bay from a Marin County treatment plant, the U.S. Environmental Protection Agency today finalized and released inspection reports for five of six sewage collection systems that flow to the Sewerage Agency for Southern Marin wastewater facility.
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Morning Column
Three Steps to Increase Your Profits by Offering Coaching Services
By Milana Leshinsky
As a business owner, you know how important it is to offer your customers new products and services that make their life easier. But the fact is that thinking up new offerings can be expensive, time-consuming, and difficult.
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Best Managed
Canada’s 50 Best Managed Companies Announced 2007 winners flourish amid marketplace flux
Toronto The winners of the 2007 Canada’s 50 Best Managed Companies award enjoyed the highest profit and revenues since the program’s inception, boasting combined sales of $8.5 billion and average sales growth of 31%.
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Morning Column
Do you Provide World-Class Service?
By Michael Guld
Today's business environment is becoming increasingly complex and competitive due to globalization, new technology, increasing product proliferation, brand erosion, market segmentation, consumer skepticism and time poverty, rendering traditional business plans obsolete.
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Business Solutions Conference
Real Business Solutions for Going Green; Regional business conference draws top speakers
WATERLOO, ONTARIO: The 2nd Annual Environment and Business Conference will be held at the University of Waterloo on March 26, 2008. The conference attracts top speakers that will bring together local business leaders, entrepreneurs, community leaders and students interested in green business.
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2008 Tax Tips - Check Refund
Did you know...
OTTAWA - That you can check your refund, account balance, installment payments, RRSP deduction limit, Canada Child Tax Benefit, Universal Child Care Benefit, GST/HST credit, and much more on My Account?
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Try the Technology: Welding Showcase and Open House
Welding is dirty, noisy and dangerous, right? Wrong!
Guelph - The world of welding has far outgrown the usual stereotypes. Modern industrial welding is computerized, robotized and definitely high-technology. Those well versed in its ways have a diverse and sophisticated set of technical skills.
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Tuesday February 12, 2008
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Ontario Invest in the Future
Waterloo organizations to benefit from $28 million announcement development of breakthrough clean energy technologies
Ontario Centres of Excellence Injects $28 Million Into Breakthrough Clean Energy Technologies
Major investment in groundbreaking clean energy technologies promises to reshape the way Ontarians use and think about energy
Waterloo The Ontario Centres of Excellence (OCE) Inc. and its industry and academic partners announced an investment of $28 million in the research and development of six groundbreaking clean energy projects that promise to create cleaner and more efficient ways for Ontarians to generate, consume and manage energy.
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Threat of Another Closure
Martinrea threatens closure of Kitchener Frame, putting 800 out of work
KITCHENER - Kitchener Frame, owned by Martinrea International, announced it may be closing its doors in April 2009, putting 800 workers out of a job. Another 400 are currently on lay-off from the plant, which produces automotive frames.
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Education - UW Board of Governors
UW Fee increases, other board actions
Waterloo - UW’s board of governors gave its approval last week to tuition fee increases that will be effective in September 2008. Fees for current students, who will be in the upper years of undergraduate programs next fall, will rise by 4 per cent, while fees for first-year students will be increased by 4.5 per cent in “regulated” programs, including arts and science, and 8 per cent in “deregulated” programs, including engineering.
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Strike Deadline Approaches
Grand River Transit Bus Negotiations Continue
Waterloo Region Discussions are continuing between the Region of Waterloo and Canadian Auto Workers (CAW) Union Local 4304 (Grand River Transit/MobilityPLUS, operators, dispatchers, fleet mechanics and service attendants).
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New Technology
Open Text Launches Case Management Framework for Microsoft Office SharePoint Server 2007
New Extensions to Microsoft Office SharePoint Server 2007 Shorten
Development for Creating High-End Case Management Solutions
Partners See Major Opportunity to Help Enterprises Tap SharePoint for
Such Needs as Claims Processing and New Drug Applications
SAN JOSE, CA Waterloo, On - Open Text(TM), a global leader in enterprise content management (ECM), said yesterday that it is rolling out a new development framework with functional extensions to Microsoft Office SharePoint Server 2007 that can save developers significant time and money in the creation of scalable, high-end case management solutions.
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Interative Cooking Show
Laurier partners with Conestoga College to produce alumni cooking 'show'
WATERLOO The partnership between Wilfrid Laurier University and Conestoga College to produce digital media is really starting to cook.
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New NXT Vendor Partner
Macadamian Joins the Microsoft NXT Initiative as Delivery Partner
SUNNYVALE, CALIFORNIA - Macadamian, the software creation and usability partner trusted by many of the world's most successful software, VoIP, and health science companies, announced they have joined the Microsoft NXT initiative for independent software vendors (ISVs) as a NXT delivery partner.
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Philanthropy
OREA Donation makes grant to Anselma House and K-W Out of the Cold
Kitchener/Waterloo - Each October, the OREA REALTORS Care® Foundation considers grant applications from registered charitable organizations with a "shelter-related" component.
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Financial - Loans
Person-to-person loans finally come to Canada with the first online lending marketplace: IOU Central
MONTREAL - IOU Central, the first person-to-person online lending marketplace in Canada, officially launched its website today, February 12, 2008. IOU Central is an Internet-based market that enables people to borrow and lend money directly from and to other people in a safe, convenient, and highly reliable environment.
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Forecasting the Weather
WMO: La Niña conditions strengthen, expected to continue
Equatorial Pacific (Biopact) - The World Meteorological Organisation (WMO), drawing on data from a large number of scientific organisations and the international climate forecasting community, has released an El Niño/La Niña update, showing that the current La Niña event is stengthening.
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Biofuel - Manure Pipeline
BioEnergy Solutions at the World Ag Expo
TULARE, Calif. - BioEnergy Solutions announced that California's first biogas pipeline project using cow manure to create natural gas will begin final testing this week, with production of commercial grade renewable natural gas expected to begin in March.
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Canadian Healthcare - Survey
10TH edition of Health Care in Canada Survey - Canadians believe that wait times and shortage of doctors are the most important health issues
OTTAWA - The 10th annual edition of the Health Care in Canada Survey, the most comprehensive survey of Canadian public and health care providers' opinions on health care issues, was released yesterday.
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Transportation - Stats
For-hire motor carriers of freight, all carriers - Second quarter 2007
Statscan - There were an estimated 3,482 for-hire trucking companies based in Canada with annual revenues of $1 million or more in the second quarter of 2007, down from 3,570 carriers in the second quarter of 2006.
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Media - Close Open
Transcontinental announces closing of The Daily News in Halifax and the launch of a new daily Metro
MONTREAL - Transcontinental Media today announced that effective immediately it will no longer publish The Daily News of Halifax. Transcontinental also announced the launch of a free daily newspaper, Metro, for Halifax residents in partnership with Metro International S.A. and Torstar Corporation.
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Skilled Trades
Local Elementary School Students Introduced
To Careers In The Skilled Trades
Kitchener On Thursday, February 14th and Tuesday, February 26th, Grade 8 students from 25 area schools will participate in a Trades and Technology Day at Conestoga College. This joint initiative is organized by Conestoga College, the Waterloo Region District School Board, the Waterloo Catholic District School Board, the Wellington Catholic District School Board, and the Upper Grand District School Board.
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Outstanding Women of Laurier
Olympian Catriona Le May Doan to speak at Outstanding Women of Laurier event
WATERLOO Catriona Le May Doan, two-time Olympic gold medalist in speed skating, will deliver the keynote address at the third annual Outstanding Women of Laurier luncheon.
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GM 2007 Performance
GM Reports Preliminary 2007 Financial Results
- 2007 adjusted net loss of $23 million, reported net loss of $38.7
billion
v
- 2007 adjusted automotive operating pre-tax income improved by almost
$900
million
v
- Strong emerging market performance helps drive record automotive revenue
of $178 billion
- Adjusted automotive operating cash flow improvement of $2 billion
- Continued improvement in automotive earnings expected for 2008
DETROIT - General Motors Corp. announced today a 2007 calendar-year adjusted net loss, excluding special items, of $23 million, or $.04 per diluted share. This compares to adjusted net income of $2.2 billion, or $3.84 per diluted share in 2006, as significantly improved automotive performance was offset by large losses at GMAC.
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Energy - Solar - Partnerships
ARISE Technologies Corporation Congratulates McMaster University on Receiving Ontario Centres of Excellence Funding
WATERLOO - ARISE Technologies Corporation congratulates McMaster University ("McMaster") on its receipt of funding for its high-efficiency solar technology research project.
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Supporting Canadian Athetes
Gore Mutual Celebrates 60th Anniversary as Ontario School Curling Sponsor
Cambridge - Gore Mutual Insurance Company is proud to celebrate its 60th anniversary as a sponsor of the Ontario School Curling Championship. This is believed to be the longest consecutive sponsorship of a sporting event in Canada.
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Environment - Water
University of Guelph Prof Named Chair of North American Water Panel
Guelph - Geography professor Rob de Loe has been chosen to chair an advisory panel aimed at finding global solutions for freshwater preservation, conservation and access in Canada and around the world.
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2008 JUNO Potential
University of Waterloo Staff member's chance at a Juno
Waterloo - The Daily Bulletin reported that Thomas Kelp, a information technology manager in the UW graphics department and a Waterloo graduate (BMath 1999), is thrilled to have been co-nominated with local musician Danny Michel for a Juno award in his role as “video producer and director” of the indie concert music DVD “Danny Michel & the Black Tornados”.
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Office Productivity
TGI ... TUESDAY?
Second Day of the Week Remains Most Productive, Survey Shows
TORONTO - Why tackle today what can be put off until Tuesday? In a new survey, 53 per cent of executives said Tuesday is the most productive day of the week for employees, followed by Wednesday at 19 percent.
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Energy Use Recognized
New England Fortune 500 Companies Recognized for Green Power Purchases
Boston - Three major companies based in New EnglandStaples, Inc., State Street Corporation and Pitney Boweswere among 53 Fortune 500 organizations recently recognized by EPA for taking voluntary steps to purchase and use green power.
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Sporting Opportunity
Hockey Industry Veteran Named General Manager of Reebok-CCM Hockey
Len Rhodes to head Reebok's market leading global hockey business.
A search is currently underway for the new GM of Reebok Canada
CANTON, MASSACHUSETTS- - Reebok announced that Len Rhodes has been appointed to the position of General Manager, Reebok-CCM Hockey (formerly The Hockey Company).
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World News - Climate Change
New Technologies Must Tackle Climate Change: UN Official.
"New technologies are the only way to tackle climate change, a special adviser to the UN Secretary- General said in New Delhi Saturday.
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Growth Continues
Crate and Barrel Improves Customer Service and Saves Money With Descartes On-Demand Logistics Management Solution
WATERLOO -- Descartes Systems Group announced that Crate and Barrel has deployed Descartes' on-demand logistics management solution to support approximately 80% of its delivery volume across the United States.
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World News
G7 Finance Ministers Confirm Link With Emerging Economies
“The G7 major economic powers on Saturday confirmed their strong link with emerging economies, Japanese government officials said. G7 Finance Ministers met with their counterparts from China, Indonesia, South Korea and Russia to weigh the impact of the US sub prime woes.
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Biofuel - Global Assessment
FAO unveils important bioenergy assessment tool to ensure food security, shows global biofuels potential
UN - An international team of scientists under the United Nations' Food and Agriculture Organisation (FAO) has unveiled a much needed planning tool that allows countries to tap their bioenergy production potential while ensuring food security.
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Promotion
DMTI Spatial Promotes Kara John to Vice President, Intellectual Property and Privacy
MARKHAM - DMTI Spatial (DMTI), has announced the appointment of Kara John to Vice President, Intellectual Property and Privacy. As a member of DMTI's senior management team, Ms. John is responsible for the development, negotiation and management of all licensing agreements on behalf of the company.
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Monday February 11, 2008
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Working on Family Day - likely
Ontario Poll Results and Expert Analysis from Queen's School of Business suggest naming day "Family Day" not the most appropriate name
"all we are doing is letting them stay away for 24 hours, and then returning them to the same toxic circumstances"
KINGSTON - New survey results reveal that although six in ten (61 per cent) Ontarians will have February 18th (Family Day) off as a new statutory holiday, 13 per cent of those with a holiday plan to work at least one hour that day.
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Innovation in Hearing
Unitron Revolutionizes Hearing Aid Technology with the Launch of Yuu
First truly interactive, automatic hearing solution gives users
unprecedented control
KITCHENER - Unitron Hearing, a global leader in the development of innovative hearing solutions, has introduced Yuu(TM), the first truly interactive, automatic hearing aid that gives wearers unprecedented control of their hearing device.
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Union Impasse
A Joint Communication Re: Faculty Negotiations
Guelph - University of Guelph campus bulletin update on negotiations between the University of Guelph Faculty Association (UGFA) and the University.
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2008 Tax Tips - Guide
Tax guide hits hottest tax topics
TORONTO - Ernst & Young smoothes out crunch-time bumps for Canadian tax professionals with an updated version of their annual tome on personal tax returns: Ernst & Young's Guide to Preparing 2007 Personal Tax Returns.
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Brain Forensics
Brain Imaging Technology Not Ready for Forensic Use, Says Prof
Guelph - Technology that can monitor brain activity is moving into the world of forensic investigation faster than it should, according to new research by a University of Guelph psychology professor.
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Yahoo - Options
Yahoo seeks to restart merger talks with AOL
LONDON - Yahoo is seeking to restart merger talks with AOL as a means of defending itself against an unsolicited bid approach from Microsoft, the Times newspaper said on Monday, reproted Reuters.
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Green Car
CUTTING-EDGE RESEARCH IN WATERLOO CREATING WORLD’S
NEXT GENERATION “GREEN CAR”
Ontario Government Investing In Green Vehicle Technology
WATERLOO Developing more environmentally friendly, fuel-efficient and cost-effective vehicles is the goal of a new University of Waterloo research project. The project is one of four cutting-edge research projects at the University of Waterloo to receive funding from the Ontario government.
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Job in Shipbuilding
Shipbuilding Team Seeks Canadian Contractors for Navy Project
OTTAWA - On November 24, 2006 Public Works and Government Services announced that the team led by ThyssenKrupp Marine Systems Canada (TKMS Canada) Inc. was selected to receive a contract for the Project Definition Phase of the Joint Support Ship project.
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China's Media
East Asia Experts Discuss China's Media Dynamics at Feb. 12 Think Tank
Latest Session in the Society of Professional Journalists Journalism Education Series Sponsored by Marketwire Focuses on Societal, Economic and Political Changes Affecting the Far East Media Landscape
SAN FRANCISCO, CA- The Society of Professional Journalists (SPJ) continues its innovative Journalism Education Series with a think tank dedicated to helping public relations professionals and journalists understand the cataclysmic forces behind news dissemination in the Far East so they can more effectively navigate its complex media environment.
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Writers Union Endorses Deal
Writers' union backs deal to end Hollywood strike
By Steve Gorman and Kemp Powers
LOS ANGELES - Union leaders for striking Hollywood writers voted on Sunday to formally endorse a deal with studios to end their bruising three-month-old labor clash, calling an immediate halt to picketing and paving the way for writers to return to work by mid-week.
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US 2008 Economic Outlook
U.S. growth to recover in H2 2008
AMMAN - U.S. growth, hurt by a sharp housing market downturn, subprime worries and pending elections should pick up in the second half of 2008 driven by a stimulus package and the resilience of the economy, U.S. Commerce Secretary Carlos Gutierrez said on Monday.
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Biofuel - Energy Blending
US Directs More Renewable Fuel Headed for Tank
United States - EPA is raising the 2008 renewable fuels standard (RFS), which determines how much non-petroleum fuel will power your vehicle, to 7.76 percent. The move is in response to the Energy Independence and Security Act (EISA), which President Bush signed in December.
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Carbon Capture
Interdisciplinary "Centre for Innovation in Carbon Capture and Storage" launched
Nottingham, UK - An interdisciplinary research centre dedicated to reducing the planet’s carbon emissions from fossil fuels has been established at The University of Nottingham.
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Sinitic Dominance
CIBC introduces Chinese language to all of its ABMs across Canada
Chinese language services now offered by CIBC over the phone, internet,
at ABMs, and in many branches across the country
TORONTO - Chinese speaking clients can now access any of CIBC's 3,800 automated bank machines all across Canada in their own language. This is in addition to the Chinese language services.
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New Housing Price Index December 2007
Saskatoon leads with year over year, increase, Windsor deflates, Kitchener remains same
Statscan - The year-over-year growth rate in new housing prices accelerated for the first time in 16 months in December, mainly the result of strength in the housing market in the Prairie provinces.
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Longstanding Businesses
Awards honour longstanding businesses on February 12, 2008
KITCHENER - Longstanding local businesses will be honoured at Kitchener City Hall on Feb. 12 with the bi-annual Kitchener Business Heritage Celebration 2008.
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Entrepreneurial Enhancement
Program aids entrepreneurial co-op
Posted from the Inside Scoop newsletter for UW co-op students
Waterloo - UW’s Centre for Business, Entrepreneurship & Technology has launched an exciting new initiative called New Venture Pathways that can help interested students develop a practical understanding of business and the skills required to launch an entrepreneurial venture.
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WiMax
Samsung hopes to have Google phone early 2009
BARCELONA - Reuters reported that Korea's Samsung Electronics hopes to have a phone based on Google's Android mobile phone software platform by early next year, it said at the Mobile World Congress on Monday.
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Nortel and Motorola
Motorola, Nortel reportedly in talks to combine units
NEW YORK - Wall Street Journal reported that Motorola Inc and Nortel Networks Corp are in talks to combine their wireless infrastructure units. The article quaited people familar with the talks.
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2008 Tax Tips - New Comers
Are you a newcomer to Canada?
Did you know...
That if you are a newcomer to Canada, you may be eligible for credits and benefits such as the Canada Child Tax Benefit, the Universal Child Care Benefit, and the GST/HST credit?
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Roots and Shoots
Youth Activists gather at Jane Goodall exhibit
Kitchener - Today from 12-3 PM 100 Roots & Shoots group members from the Kitchener-Waterloo and surrounding area will gather at The Children's Museum for a special viewing of the Discovering Chimpanzee traveling exhibit showcasing the work of Dr. Jane Goodall, world renowned primatologist, humanitarian and United Nations Messenger of Peace.
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Ontario's Dog Sledding
Countdown begins to the '08 Cannington Dog Sled Race & Winter Carnival Feb. 22nd, 23rd and 24th
CANNINGTON - The 4th Annual Cannington Dog Sled Race & Winter Carnival is just days away - and this year, the fun-filled extravaganza taking place just minutes north of the GTA is bigger and better than ever before!
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World Health
Bird flu spreads to another Bangladesh district
DHAKA - Reuters Reports that Bird flu has spread to another district in Bangladesh despite efforts by authorities to contain it, taking the number of affected districts to 40, officials said on Sunday.
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2008 Golf Season
Golf Town creates corporate sales division with over 300,000 promotional products
Leading retailer offers custom golf and non-golf items for tournaments,
incentive programs and gifts
TORONTO - Golf Town has created a Corporate Sales Division to service rapidly-expanding demand for logo promotional products.
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Biochar - Agrichar- Carbon
Second International Biochar Conference announced, to explore carbon-negative bioenergy and biofuels
Biopact - The International Biochar Initiative (IBI) has announced its Second Annual International Meeting will take place at the Newcastle Civic Centre, | | |