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Tuesday March 24, 2009

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Ted Talks

Saul Griffith: Inventing a super-kite to tap the energy of high-altitude wind



In this brief talk, Saul Griffith unveils the invention his new company Makani Power has been working on: giant kite turbines that create surprising amounts of clean, renewable energy.

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US Recovery

Canada hails U.S. bank bailout, urges more in Europe

OTTAWA (Reuters) - The U.S. plan to cleanse toxic assets from bank balance sheets is an important step toward global recovery, but similar plans are also needed in Europe, Canadian Finance Minister Jim Flaherty said on Tuesday.

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Arts & Culture

‘ARTS TOGETHER: CREATIVE INTERSECTIONS’ MEDIA LAUNCH EVENT

KITCHENER, Ontario – Arts Together: Creative Intersections is set to launch in Waterloo Region and leaders of cultural organizations, businesses and universities have been invited to attend a special event to introduce this exciting new development.

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MEDIA

CIGI hosts The Agenda with Steve Paikin

Waterloo – The Agenda with Steve Paikin will be broadcasted from The Centre for International Governance Innovation (CIGI) on March 30, as part of TVO’s On the Road tour.

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Shareholder Claim

Brick Brewing Unfairly Snubs Shareholders

WATERLOO - BRICK BREWING CO. LIMITED announced today that it has received a Statement of Claim commenced by two of its shareholders in the Ontario Superior Court of Justice (the "Claim") claiming, among other things, that the non-brokered, non-arms' length private placement that closed on October 31, 2008 (the "Offering") was prejudicial and unfairly disregarded them.

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Venture Capital

Ontario Venture Capital Fund strengthens Ontario's venture capital industry with a commitment to Georgian Partners

TORONTO - The Ontario Venture Capital Fund (OVCF) today announced that it has made a commitment of up to $15 million to Georgian Partners Growth Fund I (Georgian Partners), an Ontario-based venture capital fund focused on expansion stage companies, including high-potential Ontario companies in the information technology, information aggregation, and enterprise software sectors.

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Education

WLU Budget update from President & Vice-Chancellor, Dr. Max Blouw

Waterloo - An enormous amount of effort has been devoted across our campuses to reducing budgets by five percent in 2009-10 and six percent in 2010-11. I would like to acknowledge the very difficult work that has been done so far, and to thank all those involved for their thoughtful and diligent attention to what is an unwelcome, stressful and challenging activity.

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Economy

Universities applaud Ontario government's economic leadership through infrastructure investments

TORONTO - The Ontario government's $4 billion investment in educational infrastructure will help create and strengthen the knowledge infrastructure of the economy as well as provide a boost to local job creation, according to the Council of Ontario Universities.

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Education

Government of Canada Helps Create the Ivey Centre for Health Innovation and Leadership

LONDON - The Honourable Tony Clement, Minister of Industry, today announced that the Government of Canada will help create the Ivey Centre for Health Innovation and Leadership. The internationally recognized Richard Ivey School of Business will bring together expertise from the business, health sciences and medical sectors to develop specialized talent and commercialize health innovations that will benefit Canada's health care providers and patients.

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Women

Study: Earnings of women with and without children 1993 to 2004

Statscan - A sizeable earnings gap exists between Canadian women with children and those without children, but much of this gap can be explained by differences in work experience and other characteristics. During the period 1993 to 2004, average hourly earnings of women with children were 12% below those of women without children.

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Ontario's Economy

Creating Jobs, Building Ontario

Ontario Government Stimulating Economy With Investment In Infrastructure

TORONTO - Ontario's infrastructure will get a $32.5 billion boost over the next two years, improving the roads, schools, and public transit that Ontario families - and our economy - rely upon.

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Environment

UW prof says cyclic ozone hole proves cosmic ray theory

WATERLOO - A University of Waterloo scientist says that an observed cyclic hole in the ozone layer provides proof of a new ozone depletion theory involving cosmic rays, a theory outlined in his new study, just published in Physical Review Letters.

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Retail

Williams-Sonoma 4th-quarter profit tumbles

NEW YORK (Reuters) - Retailer Williams-Sonoma Inc (WSM.N) reported a sharply lower quarterly profit on Tuesday as the recession and slumping housing market curbed sales of its home goods and said it could post a loss for the current year.

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Education

Carleton alumnus in the running as next Canadian astronaut

Ottawa – Carleton alumnus Matt Bamsey is one of 16 candidates selected by the Canadian Space Agency for its National Astronaut Recruitment Campaign.

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Recruiting

Toronto Graduates to be Offered Thousand in Cash to Relocate to Saskatchewan

Saskatchewan Premier and Saskatoon, Regina Mayors to visit Toronto next week with a list of employment opportunities in their thriving province

Toronto – Recent Toronto university and college graduates hard hit with tuition debt and bleak employment opportunities in today’s economic recession will be offered some relief – to the tune of $20,000 each – when a team of Saskatchewan politicians visits the city next week. All they have to do is move to Saskatchewan.

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Communications

Globalstar Announces HTT Hybrid Satellite GSM Global Asset- Tracking Product

Satellite Gateway Operators Integrate Global Expertise and Customer Requirements Into Affordable Multi-mode Solution Designed to Manage Location of Assets From Virtually Anywhere

MILPITAS, Calif. - Globalstar, Inc. today announced that Globalstar Independent Gateway Operator (IGO) Globalstar de Mexico has launched a multi-mode satellite asset tracking product.

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Appointment

Steve Carlin joins AEGON Capital Management as head of equities

TORONTO - Greg Ross, President and CEO of AEGON Capital Management Inc. (ACM), is pleased to announce the appointment of Stephen P. Carlin as Senior Vice President and Head of Equities, effective March 23, 2009.

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Announcement

Open House at UW Pharmacy School

Kitchener - As part of the Grand Opening Celebrations for the University of Waterloo’s School of Pharmacy, there will be a community open house on Saturday, April 18 from 10:00am to 2:00pm.

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World Trade

Trade Barriers Rise as the Recession's Grip Tightens

After repeated pledges by world leaders to avoid erecting trade barriers, protectionism is on the march, provoking nasty trade disputes and undermining efforts to plot a coordinated response to the deepest global economic downturn since World War II.

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Deal Maker

Geodis Wilson Uses Descartes to Standardize Global Customs Filings

ATLANTA - Descartes Systems Group, announced that Geodis Wilson, one of the world's largest freight forwarders, is using Descartes to standardize its global customs filing process.


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Communications

Skuku Teams with TriaGnoSys to Provide Roaming-Free, InFlight GSM Calls to Commercial Airline Passengers

PETACH TIKVA, Israel – Skuku, an international communications company specializing in network based telephony solutions, announced today that it has formed a partnership with the German company TriaGnoSys to provide the next generation of inflight GSM services for airline passengers, allowing them to avoid costly roaming charges while placing phone calls aboard commercial airlines.

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Letter to the Editor

In prior communications, I have predicted market corrections sooner as opposed to later.

Kitchener - If the recent Bloomberg reports are indicative of what is happening i.e. increased demand and short supply, then my commentary would at worst suggest that my timing is out by about 6-8 months (early) however, the fundamentals that I make reference to, accurately reflect both the issues and the longer term outcome.

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World Economy

UN Commission Proposes Substitute To G20

"The G20 must be substituted by a Global Economic Council under a UN commission proposal.... The advisory body, headed by Joseph Stiglitz, suggests the forming of the new body as a part of its examination of possible reforms of global financial institutions.... The new body, to function separately from the UN Security Council, is projected to have between 20 and 25 members...." [ADP News (Bulgaria, 3/23)/Factiva]



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