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Wednesday March 25, 2009

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Ted Talks

Jacqueline Novogratz: From a Nairobi slum, a tale of hope



Jacqueline Novogratz tells a moving story of an encounter in a Nairobi slum with Jane, a former prostitute, whose dreams of escaping poverty, of becoming a doctor and of getting married were fulfilled in an unexpected way.

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Funding Problems

Successive Frozen Funding Creates Need for Staff Reductions at KidsAbility

Waterloo - KidsAbility faces a significant budget deficit due to frozen government funding for two consecutive years while costs, primarily compensation and benefits, increased during the same time. Since KidsAbility has no working capital or reserves to support a deficit budget, the organization needs to balance its budget for the 2009/10 fiscal year.

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Energy

Quebec-Ontario electricity cooperation will pay big dividends

Ontario - Increasing cooperation between Ontario’s and Quebec’s electricity systems could help the two provinces meet their social, economic and climate goals according to Equiterre and the Ontario Clean Air Alliance (OCAA).

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Water

New report exposes 29 bottled water recalls and inadequate federal regulations

"Murky Waters" report describes the urgent need for health and environment regulations of bottled water in Canada

OTTAWA - In a new report released today by the Polaris Institute, the current state of federal bottled water regulations in Canada is shown to be woefully inadequate. The new report, Murky Waters: The urgent need for health and environmental regulations of the bottled water industry, describes numerous troubling findings:

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Low Income Help

HELPING FAMILIES IN THE REGIONAL MUNICIPALTIY OF WATERLOO

Ontario Government To Increase Ontario Child Benefit And Invest In Affordable Housing

Waterloo Region - Ontario is doing more to support low income families in the Regional Municipality of Waterloo who are facing challenging economic times.

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Environment

Atlantic snails are increasing dramatically in size, Queen’s researcher discovers

Change has important implications for the marine ecosystem

Kingston - A Queen’s University biologist has discovered that the shell lengths of northwest Atlantic Ocean snails – an important member of the Atlantic food chain – have increased by 22.6 per cent over the past century. Until now, this significant change in the marine ecosystem has gone unnoticed.

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Retirement

Taxes a top threat to retirement security, polls find

Apprehension growing as the taxman cometh

WINNIPEG - Despite hit and miss stock market returns and an economic downturn, some things don't change. According to new research by Investors Group, high income and property taxes continue to be seen as top threats to Canadians' retirement security. High taxes are viewed with the greatest apprehension (46 per cent), outstripping concerns about inflation, currency fluctuations, poor stock market returns (39 per cent), and fear of job loss (33 per cent).

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Recognition

Sentinelle Medical Receives Frost & Sullivan Excellence in Technology Award

TORONTO - Sentinelle Medical Inc., has been honoured with Frost & Sullivan's 2009 North American Excellence in Technology Award (within the MRI Scanners Market). Sentinelle receives this Award in recognition of the tremendous success of its Vanguard 1.5T breast imaging coils product line in 2008, highlighted by a number of exclusive distribution agreements secured with leading MRI manufacturers.

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Entrepreneurs

Students learn to launch careers in recessionary times

WATERLOO - Graduating students in the University of Waterloo's faculty of arts will learn at next week how to launch their careers in recessionary times from a leading expert on entrepreneurship.

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Entrepreneurs

Laurier student entrepreneur named central regional champion

WATERLOO—Tom Henderson, a fourth-year Laurier business student and owner of ProScape Land Design & Construction, has been named one of two regional champions in the Advancing Canadian Entrepreneurship (ACE) Student Entrepreneur Competition, sponsored by CIBC.


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Financing

CoolIT Systems Closes $6.2 Million financing

Capital plan supports mainstream performance-computing adoption of liquid cooling

Calgary – CoolIT Systems, the industry leader in advanced electronics cooling solutions, has completed a CDN $6.2M financing package. The investment was led by iNovia Capital, a leading venture capital fund manager, and included existing angel investors and AVAC Ltd.

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Arts & Culture

Laurier joins K-W Symphony Youth Orchestra for joint performance

WATERLOO—The Laurier Symphony Orchestra and the Kitchener-Waterloo Symphony Youth Orchestra will join forces for a concert at Kitchener’s Centre in the Square March 28.

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Recognition

Conestoga Students Earn Recognition from Ontario Flower Growers

Kitchener - The Ontario Flower Growers Co-operative recently held its 19th annual student floral design competition at its Mississauga headquarters. As has been the case in recent years, the student team from Conestoga’s Retail Florist program did exceedingly well, earning three honours in the competition which also included teams from Algonquin College of Ottawa, Seneca College of Toronto and the Canadian Institute of Floral Design of Etobicoke.

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World Economy

WTO Predicts Global Trade Will Slide 9 Percent This Year.

"The World Trade Organization (WTO) issued the most pessimistic report on global trade in its 62-year history, forecasting a drop of 9 percent or more in 2009.... 'Many thousands of trade-related jobs are being lost,' said WTO Director-General Pascal Lamy...." [The Wall Street Journal/Factiva]

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Education

Laurier announces finalists for Outstanding Women of Laurier Award

WATERLOO—Wilfrid Laurier University announced four finalists for the fourth-annual Outstanding Women of Laurier Award. The award will be presented at a luncheon Thursday, April 2 at The Waterloo Inn.

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Health Care Costs

Ontario's Healthcare Cost Recovery Act Misses the Mark

MONTREAL - Imperial Tobacco Canada stated that Ontario's lawmakers should take a stand against the rampant sales of illegal tobacco in Ontario rather than adopting politically expedient legislation such as the Tobacco Damages and Health Care Costs Recovery Act when they return to Queen's Park this week.

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Thinking Ahead

White House seeks powers to shut firms like AIG
By Glenn Somerville and David Alexander

WASHINGTON (Reuters) - The Obama administration on Tuesday mounted a full-scale push for government authority to shut down troubled institutions like insurer AIG to avoid the need for future bailouts.

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Economy

China economy has bottomed: central bank adviser
By Susan Fenton and Deborah Kan

HONG KONG (Reuters) - China's economy has touched bottom but further interest rate cuts remain an option, a Chinese central bank adviser said on Wednesday.


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Corporate Governance

The Saudi Arabian General Investment Authority and NASDAQ OMX Announce a Joint Corporate Governance Initiative

RIYADH, Saudi Arabia and NEW YORK - The Saudi Arabian General Investment Authority (SAGIA) and The NASDAQ OMX Group, Inc. have agreed to launch a joint initiative designed to raise investor awareness of effective corporate governance around the world.

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Product Launch

Descartes Unveils Its Next Generation of Logistics Solutions At Global User Group Conference

Comprehensive, Multi-modal, Multi-process Solutions Are Designed to Deliver Rapid Results for Customers

ATLANTA - Descartes Systems Group unveiled its latest generation of solutions at its Global User Group Conference in Atlanta, Georgia, which runs from March 24-26, 2009.

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MEDIA

U.S. bill seeks to rescue faltering newspapers
By Thomas Ferraro

WASHINGTON (Reuters) - With many U.S. newspapers struggling to survive, a Democratic senator on Tuesday introduced a bill to help them by allowing newspaper companies to restructure as nonprofits with a variety of tax breaks.

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Deadline Extended

‘Roaring 20’s’ Gala Tickets Still Available

Waterloo Region – Waterloo Regional Crime Stoppers will be hosting its Annual Fundraising Gala on Thursday, April 2nd, 2009. This year’s theme will be The Roaring 20’s.

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Energy

Cancelled Alberta rebate to give Solar industry chance to shine

CALGARY – The Canadian Solar Industries Association and the Solar Energy Society of Canada Inc. - Northern Alberta Chapter (SESCI-NAC) are pleased with the Alberta Government’s announcement Friday that it has cancelled its Natural Gas Rebate program.



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