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Friday April 17, 2009

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Ted Talks

Tim Ferriss: How to feel like the Incredible Hulk



From the EG conference: Productivity guru Tim Ferriss' fun, encouraging anecdotes show how one simple question -- "What's the worst that could happen?" -- is all you need to learn to do anything.

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Monthly Survey of Manufacturing

Manufacturing sales increased 2.2% to $42.9 billion, the first increase since July 2008.

Ontario Leads the way with 7.2% gain

Statscan - Motor vehicle and motor vehicle parts industries in Ontario were behind most of the gains in February, following widespread slowdowns and shutdowns in January. Excluding motor vehicles and parts and accessories, manufacturing sales edged down 0.2%, the seventh monthly decline in a row.

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Auto Sales

VW may have ousted Toyota as world leader in Q1
By Chang-Ran Kim and Christiaan Hetzner

TOKYO/FRANKFURT (Reuters) - Volkswagen may have become the world's top-selling automaker in the first quarter as government incentives have fueled demand in its major markets, overtaking industry giant Toyota.

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Green Transportation

Waterloo Region is receiving $350,000 from the federal Green Municipal Fund for the Moving Forward 2031, the Regional Transportation Master Plan.

Region of Waterloo - A main objective of the RTMP is to create a sustainable community transportation vision that protects the natural environment, provides opportunity for social cohesion, creates an economically competitive market, and promotes a healthy lifestyle.

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Transportation

Longer Trucks Will Benefit Economy, Environment, Road Safety

Ontario Government Approves Pilot Program; Includes Restrictions On Use

TORONTO - Up to 100 vehicles will take part in a pilot program allowing commercial operators to pull two full-sized trailers. Known as Long Combination Vehicle (LCV) transport trucks, these vehicles transport light, bulky goods more safely, more economically, with less greenhouse gas emissions.

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Labour Challenges

CAW President to Address Challenging Economic Climate at CAW Council

PORT ELGIN - CAW President Ken Lewenza will address the myriad of challenges facing workers during the current global economic downturn as hundreds of union delegates from across the country gather at the CAW Family Education Centre in Port Elgin, Ontario today, Friday April 17.

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Economy

Americans less pessimistic about U.S. economy: Gallup

WASHINGTON (Reuters) - Americans are growing less pessimistic about the recession-hit U.S. economy's prospects, but they remain worried about job security, a Gallup survey showed on Thursday.

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Innovation

University of Ottawa Heart Institute is North America's First Clinical Site for Ultra-sophisticated X-Ray

New Technology Cuts Radiation Exposure, Reduces Procedure Time, Lowers Costs

OTTAWA - The University of Ottawa Heart Institute (UOHI) has installed North America's first dual axis rotational cardiac X-ray for clinical use, allowing physicians to more clearly locate and diagnose blockage in the heart's arteries. The ultra-sophisticated equipment cuts radiation exposure by 33%, reduces X-ray time by a similar amount and offers other benefits.

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US Economy

Fed officials see signs of improvement
By Kristina Cooke

NEW YORK (Reuters) - Two top Federal Reserve policy-makers took divergent views on the U.S. economy on Thursday, with the head of the Atlanta Fed seeing a return to growth later this year, while the head of the San Francisco Fed saw the potential for an even deeper contraction.

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Technology Competition

Canadian students finish second in U.S. automotive skills competition

TORONTO - North York students Kevin Birchall and Eric Salb from Northview Heights Secondary School placed second in the 2009 National Automotive Technology Competition at the New York International Auto Show - the lone Canadian team out of 29 schools invited to compete.

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Recognition

Guelph University Staff Earn Accolades

Guelph- Catherine Steeves, associate chief librarian at the University of Guelph's McLaughlin Library, has been named a 2009/2010 Research Library Leadership Fellow. She is among 21 people from across North America to earn the honour from the Association of Research Libraries (ARL).

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Health Care

Enforcement of Immunization of School Pupils Act Elementary and Secondary School Grades

Region of Waterloo - Under the Immunization of School Pupils Act, Region of Waterloo Public Health (ROWPH) is required to maintain the immunization records of all students in the region. ROWPH ensures that immunization coverage rates of students in Waterloo Region are optimized to protect students against vaccine preventable diseases.

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Electric Cars

Minister Clement Acts to Advance Automotive Research in Canada

TORONTO - The Honourable Tony Clement, Minister of Industry, announced the establishment of an automotive research fund designed to keep the Canadian auto industry competitive and sustainable.

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Reverse Innovation

Forward Thinking to Look Back 3.5 Billion Years.

London, ON – New state-of-the-art equipment funded by the Canada Foundation for Innovation (CFI) will allow researchers at The University of Western Ontario to look back more than 3.5 billion years at the chemistry of the planet’s crust, atmosphere and oceans, and to better understand complex interactions that occur between biology, rocks, air, soil and water.

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Lower Interest Rate

C.D. Howe Institute's Monetary Policy Council Calls for Bank of Canada to Lower its Benchmark Interest Rate

TORONTO - The C.D. Howe Institute's Monetary Policy Council (MPC) recommended that the Bank of Canada lower the overnight interest rate at its next announcement on April 21, 2009. The overnight rate is a very short-term money-market rate that the central bank targets for monetary policy purposes.

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What to Do

City seeks public's feedback on options for potential surplus lands

KITCHENER - City residents are encouraged to participate in a two-week public consultation process which will help Kitchener City Council decide whether or not to declare five city-owned properties as surplus to the city's needs.

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Culture & Asteroids

International Astronomical Union Names Asteroid after Tafelmusik

Toronto - On April 10, 2009, in recognition of Tafelmusik’s recent contribution to the International Year of Astronomy (IYA) 2009, the International Astronomical Union named an asteroid after Canada's acclaimed Tafelmusik Baroque Orchestra.

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Andy

Warhol Museum Director to speak this Sunday

Kitchener- In connection with the Children’s Museum’s, Andy Warhol’s Factory 2009, The Economical Insurance Group and the University of Waterloo’s Social Innovation Generation is presenting a lecture by Thomas Sokolowski at The Wax this Sunday.

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Health & Education

York U establishes research partnership with Southlake Regional Health Centre

TORONTO - York University scientists will soon have new research opportunities in biomedical and health research, thanks to a partnership between Southlake Regional Health Centre and York.

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Health Care Study

Pelvic pain as prevalent in teens as older males, Queen's study shows

Kingston - A Queen’s University research team has found that a painful pelvic affliction associated with adult men occurs as frequently in adolescent boys. Chronic prostatitis or chronic pelvic pain syndrome (CP/CPPS) is a urogenital disease associated with persistent and life-altering pelvic and genital pain.

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Words & Awards

Hon. Edward Goff Penny Memorial Prizes for Young Canadian Journalists

OTTAWA - Corina Milic, formerly of The Sault Star, and James Bradshaw of The Globe and Mail are the 2008 winners of the Hon. Edward Goff Penny Memorial Prizes for Young Canadian Journalists.

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Transportation

Enerjet chooses AFI KLM E&M for 737NG component support

PARIS and AMSTELVEEN, The Netherlands - Canadian charter airline Enerjet signed an exclusive 5 year component support contract with Air France Industries (AFI) and KLM Engineering & Maintenance (KLM E&M) covering maintenance and pool access for their growing fleet of 737NGs.

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MEDIA

CBC News reorganizes to provide better service

TORONTO - CBC News announced plans to reorganize all aspects of its newsgathering processes with particular attention to strengthening its ability to deliver on a 24-hour, seven day multiplatform news cycle. The reorganization is designed to strengthen its local news while maintaining its commitment to national and international coverage as Canada's leading news organization.

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Appointment

WANTED Technologies Announces Appointment of Tim Baskerville to Board of Directors

Quebec City, Quebec - WANTED Technologies, the leading source of insight and analysis based on hiring demand, announced today that Mr. Tim Baskerville will be joining its Board of Directors.

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Pensions

OSFI releases Estimated Solvency Ratio (ESR) for Federally Regulated Private Pension Plans

OTTAWA - The Office of the Superintendent of Financial Institutions (OSFI) has released the results of its latest solvency testing of federally regulated private pension plans.

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Curling

Canada’s Best Curlers to Battle in Guelph at The National

GUELPH, ONT. – The Capital One Grand Slam of Curling announced that the Sleeman Centre in Guelph, Ont. will host The National, the second leg of the men’s 2009-10 Capital One Grand Slam of Curling series, from January 6-10, 2010.

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Bonuses

Manulife Financial to Adopt Advisory Vote on Executive Compensation

TORONTO - Manulife Financial Corporation announced that it will provide shareholders with a non-binding, advisory vote on the Company's executive compensation policy starting at its annual meeting in 2010.

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Trade Agreement

LEADERS ACCLAIM NEW SOUTH-SOUTH TRADE AND INVESTMENT MODEL

* Latin America, Middle East and Asia form complementary economic blocs
* South-South relations to boom despite crisis

Rio de Janeiro, Brazil – Leading policy-makers and businesspeople, meeting at the 2009 World Economic Forum on Latin America in Rio, agreed that the recent boom in trade and investment between Asia, the Middle East and Latin America will continue despite the current international crisis.

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Global Economy

China Growth Slowest On Record, But Upturn In Sight

"China struggled out of the gate this year with its weakest quarter on record, but a pick-up in March showed the world's third-largest economy was on track for stronger growth in coming months.

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Global Economy

BRAZIL COMPETITIVENESS REPORT: HOW TO UNLEASH THE COUNTRY'S FULL COMPETITIVENESS POTENTIAL

* First-ever study of this kind analyses key strengths and weaknesses of Brazil’s competitiveness landscape
* Report findings: Brazil’s strengths are market size as well as sophisticated and innovative business sector; weaknesses remain in macroeconomic environment, institutions, goods and labour markets

Rio de Janeiro, Brazil – The World Economic Forum released today The Brazil Competitiveness Report 2009,the first ever study of this type for Brazil.The findings of the Report are being presented and discussed at the World Economic Forum on Latin America in Rio de Janeiro. The Report is the result of collaboration between the World Economic Forum and Fundação Dom Cabral.

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Latin Economy

OPTIMISM DESPITE GLOBAL CRISIS AS WORLD ECONOMIC FORUM ON LATIN AMERICA CLOSES

* Declaration sent to the Summit of the Americas envisions a new development cycle for the region with governments, business and communities working more closely together
* OAS Secretary-General Insulza expects the Obama administration to promote “policies with us, not policies for us”

Rio de Janeiro, Brazil – The World Economic Forum on Latin America closed on Thursday on a note of optimism for the region and called for “stronger collaboration” between private and public sector initiatives to address the global economic turbulence.

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Guest Column

You Can't Cut Your Way to Prosperity:
8 Powerful Financials that are Not in Your P&L Reports

Too many organizations are obsessed with their proft and loss reports. It hasn't occurred to them that they might be looking at the wrong numbers. Let's look at some numbers that just might have a bigger impact on the profit and loss, then some of the numbers that are on the report.

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Global Economy

Latin America Urged Against Protectionism

"Latin American leaders and executives urged governments in the region on Wednesday to stop erecting trade barriers, saying the financial crisis was a chance to tackle problems that have long hindered the region's competitiveness.



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