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Monday April 6, 2009

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Ted Talks

P.W. Singer: Military robots and the future of war



In this powerful talk, P.W. Singer shows how the widespread use of robots in war is changing the realities of combat. He shows us scenarios straight out of science fiction -- that now may not be so fictitious.

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Aquisition

Second Foundation announces acquisition of Software Technology Concepts (STC) to support the continued growth of Epicor™ and Managed Services practices

KITCHENER – Second Foundation announces the acquisition of Software Technology Concepts, LLC (STC) in Erie Pennsylvania. This acquisition continues to build upon Second Foundation’s recent growth, adds valuable resources to the team, and opens up new market opportunities for their Epicor and Managed Services practices.

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Building Permits

The value of building permits fell 15.9% to $3.7 billion in February

This was the largest decreases came from the non-residential sector in Ontario.

Statscan - In the residential sector, the value of permits edged down 0.3% to $2.1 billion. The increase in the value of permits for multiple dwellings in British Columbia nearly offset the declines in the residential sector in six provinces.

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2009 Auto Restructuring

GM CEO Henderson says bankruptcy not inevitable
By Charles Abbott

WASHINGTON (Reuters) - Bankruptcy is not inevitable for General Motors Corp, said the automaker's new chief executive on Sunday, who is under White House orders to win more concessions from bondholders and unionized workers.

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2009 Auto Restructuring

Court okays Saab restructuring, sale seen soon
By Sven Nordenstam

VANERSBORG, Sweden (Reuters) - A Swedish local court on Monday granted General Motors' (GM.N) loss-making unit Saab an extension of the period it is protected from creditors, giving it further time to restructure.

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Accreditation

Proud to be accredited Nadcap

Kitchener - Bodycote’s Kitchener N (Canada) facility, part of the Heat Treatment North American division, has been awarded Nadcap accreditation to AC7102 for Aerospace Heat Treating services. 

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Strike

United Steelworkers at Prysmian in St-Jean-sur-le-Richelieu - Striking for Respect

BROSSARD, QC - Last night at 8:30 pm, the 200 United Steelworkers members working for Prysmian in St-Jean-sur-le-Richelieu called a strike to protest the standstill state of their negotiations and to demand respect. "After twenty negotiation sessions, we still haven't reached anything close to a settlement regarding non monetary issues.

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Milestone

McMaster’s nuclear reactor turns 50

Hamilton – When McMaster University’s nuclear reactor first opened, a Conservative was Prime Minister, the economy was in recession, and nuclear-based research was on the upswing.

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US Stocks

Futures turn negative on banks, tech

* Banks fall after analyst starts coverage; * Sun Micro, IBM talks break down; * Goldman Sachs downgrades Cisco; * Futures: Dow off 35, S&P 500 off 6, Nasdaq down 6.25 pct; * For up-to-the-minute market news click [STXNEWS/US]

By Chuck Mikolajczak

NEW YORK (Reuters) - U.S. stocks futures pointed to a lower open on Monday, as bank shares fell after an analyst initiated coverage on several large banks with an "underperform" or "sell" rating, sapping recent investor optimism on the financial sector.

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Financial Reporting

Canadians May Be Subject to Surprise New US Financial Reporting Requirements

If You're Travelling to the US for Business - Beware of FBAR

TORONTO - Canadian companies, their employees, and individuals who do business in the United States may be surprised to learn that they may be required to report detailed information to the IRS about their Canadian bank and financial accounts as early as June 30, 2009, if the accounts' value exceeds US$10,000, according to Jim Yager, Head of International Executive Services, KPMG.

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Real Estate

Kitchener-Waterloo Realtors Post Best Month in 6 Months

KITCHENER – For Realtors of the Kitchener-Waterloo Real Estate Board (KWREB), March marked their busiest month in half a year. Not since September of 2008 have sales reported through the KWREB’s MLS® exceeded 450 units.

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Philanthropy

A Brighter Future for Children with Disabilities

Waterloo - KidsAbility Foundation overtook Centre Court at Conestoga Mall with the help of media partners 96.7 CHYM, KIX 106.7, 570 News and Rogers TV for the 4th Annual Kids Can’t Wait Radiothon that was broadcasted live April 3, 2009. This 12-hour event raised an unbelievable $210,406 in support of programs and services at KidsAbility!

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Urban Tourism

1st ANNUAL JANE’S WALK IN KITCHENER, WATERLOO, and CAMBRIDGE MAY 2 and 3, 2009

Waterkoo Region - “No one can find what will work for our cities by looking at …suburban garden cities, manipulating scale models, or inventing dream cities. You’ve got to get out and walk” – Jane Jacobs

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Philanthropy

Goodwill creating jobs on a recycling platform

Kitchener, Ontario – Goodwill Industries, Ontario Great Lakes is expanding, creating jobs for those who need them most, providing employment services to thousands of job seekers and helping to sustain the environment through reuse and recycling millions of pounds of donated goods.

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Justice Proposals

Canadians Say Crime is Increasing

Newly announced criminal justice initiatives strike a positive chord

Harris/Decima - According to Senior Vice-President Jeff Walker: “The two new justice proposals announced last week by the Conservatives were met with approval by a majority of Canadians, which our data indicates owes to heightened concern about crime nationwide.” “Across the country, but particularly among residents of BC, Alberta, and among females, there is a very widely held belief that crime is on the rise”.

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US Bailout Cost

Estimated U.S. taxpayer cost for bailout jumps

WASHINGTON (Reuters) - U.S. congressional budget analysts have raised their estimate of the net cost to taxpayers for the government's financial rescue program to $356 billion, an increase of $167 billion from earlier estimates.

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Education Dismissal

University of Ottawa dismisses Denis Rancourt

OTTAWA — On March 31, 2009, a recommendation for the dismissal of Denis Rancourt was tabled at the meeting of the Executive Committee of the Board of Governors of the University of Ottawa and was unanimously approved.
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G20

G20 Increases IMF Firepower, Boosts Funds

"The G20 on Thursday tripled the International Monetary Fund's (IMF) resources, adding $500 billion for a total of $750 billion, giving it more firepower and putting it center stage in the battle against global financial crisis. A G20 summit of developed and developing countries also agreed to support a general allocation of $250 billion worth of IMF Special Drawing Rights (SDRs) to IMF member countries to boost liquidity...." [Reuters/Factiva]

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Immigration

WRIEN early April activities information update

Waterloo Region - The Working Centre reports that the Waterloo Region immigrant Loan Program has now serviced over 30 internationally trained individuals

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Taxman

The CRA Takes Action to Enforce Tax Laws

OTTAWA - Some Canadians are finding out the hard way that they cannot avoid paying their share of taxes.

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Guest Column

The Dos and Don'ts of Dealing with the Media
By Pam Lontos

As a business owner, you probably know how important publicity is to the success of your business. But the truth is, many entrepreneurs, high-level executives and even marketing and public relations managers (and maybe you're one of them) make crucial mistakes when dealing with the media - and then they end up on reporter's block call or spam e-mail lists. The good news is, by being aware of the more common dos and don'ts of dealing with reporters and editors, there are many steps you can take to avoid these pitfalls!

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Global Village

Canpages Inc. Clarifies Privacy Policy for Street Scene Photos

VANCOUVER - Canpages Inc., Canada's largest independent local search firm and directory publisher, clarified today the privacy policy for its Street Scene search feature.

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Global news

Developing World Offered $5 Billion Trade Finance

"The International Finance Corporation (IFC), the World Bank's private sector arm, on Thursday announced what it hopes will amount to a $5 billion pot available to banks to finance trade involving poor countries. Amid calls... that the developing world not be overlooked by the G20, the IFC has already put up its $1 billion share and expects other development finance institutions and governments to follow suit.

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Ranking

Google Your Way to the Top

Tips to keep your business from becoming a billboard in the forest

TORONTO – Making your company stand out on the Internet can seem like a daunting task. With well over a billion Internet searches per day and billions of pages to choose from, how is one company’s web page able to come out on top? According to Scott Wilson, a search engine optimization expert and CEO of RankHigher.ca, there are a few simple ways even small companies can top the page in their next potential customer’s Internet search.

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R&D

Innovative Carleton researcher in running for award

Ottawa – Post-doctoral fellow Sonia Chiasson is vying to take top honours in the student researcher category at the Ottawa Centre for Research and Innovation (OCRI) Awards on April 8 for her PhD research focused on online security. If she is successful, it would be Carleton’s sixth consecutive win in this category.









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