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Tuesday April 14, 2009

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Ted Talk

Shai Agassi: A bold plan for mass adoption of electric cars



Forget about the hybrid auto -- Shai Agassi says it's electric cars or bust if we want to impact emissions. His company, Better Place, has a radical plan to take entire countries oil-free by 2020.

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Expansion

Brick Brewing Company installs new canning line

WATERLOO - Brick Brewing Company announced that they are installing a new canning line in their Kitchener facility that will be operational May 1st. The line will be capable of producing an average of 75,000 cans per day.

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Forecasting the Economy

U.S. recession to end in H2 but unemployment to rise: survey

WASHINGTON (Reuters) - The U.S. economy is set to emerge from recession in the second half of this year as consumer spending and the housing sector recover, but unemployment will rise well into 2010, according to a survey.

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2009 Auto Restructuring

GM bankruptcy fears drag down auto stocks
By Eva Kuehnen and Fang Yan

FRANKFURT/SHANGHAI (Reuters) - General Motors stock fell sharply in Frankfurt on Tuesday on renewed bankruptcy fears, weighing on autos stocks across the region, as peer Chrysler pinned its hopes on a tie-up with Fiat.

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Recognition

New award honours Laurier's Residential Services director

Waterloo - After more than 25 years of service at Laurier, Residential Services director Mike Belanger has established a university-wide reputation for excellence. Belanger is well-known as a keen leader, true friend and inspiring mentor to many Laurier students and staff.

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Collective

DHL and CAW announce new collective agreements

Multi year agreements in BC, Alberta and Ontario provide hourly wage increase

TORONTO - DHL, the world's leading express delivery and logistics company, was pleased to announce today that the members of the Canadian Auto Workers (CAW) collective bargaining units at the company's Ontario, Alberta and British Columbia facilities have ratified new collective bargaining agreements. These new contracts will expire on March 31, 2013.

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MEDIA

A New Globe Investor for a New Economy

Faster, friendlier and smarter - enhanced Globe Investor helps investors make informed decisions about their money

TORONTO - The Globe and Mail has unveiled a significant redesign and enhancement of Globe Investor, its comprehensive web site for Canadian investors. Available at www.globeinvestor.com, the redesigned site is powered by a new, state-of-the-art platform that provides timelier news and information and a wider range of tools.

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US Small Business

Small business sentiment stays gloomy in March

WASHINGTON (Reuters) - Confidence among U.S. small businesses was stuck at 35-year lows in March, with employers stepping up layoffs even as the recession-hit economy shows some signs of improving, according to a survey.

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Hired

BMO Capital Markets Makes Key Hire in Leveraged Finance

Senior Investment Banker Eric Luftig joins New York City Office

NEW YORK - BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group, announced yesterday that it has hired senior investment banker Eric Luftig as Managing Director in its Leveraged Finance group. Mr. Luftig will be based in the firm's New York City office and is responsible for debt and equity private placements.

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Economy

Recent gains leave equity markets at risk of a pullback

Weak economy, earnings pose near term challenges

TORONTO - The recent upswing in North American equity markets looks vulnerable to being partially clawed back, creating another buying opportunity ahead of a more sustained rally late this year and into 2010, notes a new report from CIBC World Markets Inc.

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Biotech

UW researchers probe body composition and cancer, microorganisms and digital media with CFI support

WATERLOO - University of Waterloo researchers have received funding from the Canada Foundation for Innovation (CFI) to perform work in body composition and cancer, diversity of microorganisms and the use of digital media technologies.

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World War I

McMaster University to acquire rare trench maps to build on its extensive collection

Hamilton – McMaster University is set to acquire a rare and significant collection of World War I trench maps from one of the world’s leading experts, tripling its current archival collection to become one of the largest in the country.

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Negotiations

Hidden agenda of ABI in Becancour - Exploiting the economic crisis to gut a collective agreement

BECANCOUR, QC - Yesterday afternoon, management of the ABI smelter in Becancour made a surprise announcement - with no prior union consultation. It clearly demonstrated that ALCOA has a hidden agenda. "We accepted the mediator's report, which addressed all of the company's goals.

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R&D

Queen’s researchers receive over $1.5 million from Canadian Breast Cancer Foundation

Kingston - Queen’s University researchers have received over $1.5 million from the Canadian Breast Cancer Foundation, Ontario Region.

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Environment

Leading Companies in Canada Join Forces to Help Build Green Economy

Over $40 Billion in Buying Power Will Create Demand for Green Products and Services, Green Jobs

TORONTO – Greening Greater Toronto, an initiative of the Toronto City Summit Alliance, announced the creation of a working group of over 25 senior executives from some of Canada’s most recognized organizations who will encourage and lead other organizations to buy products and services that minimize environmental impact and create green jobs.

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Transportation Logistics

CEVA Logistics Using Descartes for Cargo 2000 Compliance

WATERLOO -- Descartes Systems Group, a global on-demand software-as-a-service (SaaS) logistics solutions provider, announced that CEVA Logistics, a leading global supply chain management company, is using Descartes Cargo 2000 to help it comply with business process and automation standards established by the International Air Transport Association (IATA).

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2009 Auto Restructuring

Canadian Auto Sector "Uniquely, Consistently Profitable," CAW Report Shows

TORONTO - A new study from the Canadian Auto Workers union confirms that Canada's automotive manufacturing industry has been uniquely and strongly profitable in recent decades.

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Financial

EarlyRETURNS absence management delivers results

Sun Life Financial announces dynamic new service for salary continuance programs

TORONTO - Sun Life Financial is pleased to introduce EarlyRETURNS, an innovative suite of absence management services for plan sponsors with salary continuance plans.

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Financial Markets

China offers funds to boost ASEAN

World News - "China has unveiled plans to establish a $10bn (?6.8bn) investment fund for south-east Asian countries. It has also offered credit of $15bn to the Association of South-East Asian Nations, or Asean.

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Awe Inspiring

Ontario Technological Skills Competition

Waterloo - The 20th Ontario Technological Skills Competition is Skills Canada – Ontario’s cornerstone event, attracting over 1, 600 competitors and 30, 000 visitors from across the province.

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Community

Schulich Engineering Students Support Calgary’s 10 Year Plan to End Homelessness

Calgary – With Calgary’s 10 Year Plan to End Homelessness entering its second year, the first year students of the Schulich School of Engineering at the University of Calgary are adding their design skills to the “Housing First” focus of the Plan.

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Medical Product Show

Public invited to attend Ninth Annual New Medical Product and Educational Venue

Oakville - MEDIchair Halton is hosting its Ninth Annual New Medical Product and Educational Venue which is complimentary for all health care professionals working with the disabled in our community. Representatives of many medical equipment manufacturers, Ontario Ministry of Health and Long Term Care.


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