Tom Shannon shows off his gravity-defying, otherworldly sculpture -- made of simple, earthly materials -- that floats and spins like planets on magnets and suspension wire. It's science-inspired art at its most heavenly.
KITCHENER – Students from across Ontario competed in various contests at the 20th Ontario Technological Skills Competition at RIM Park in Waterloo on May 4th and 5th. Students from the Kitchener/Waterloo Area, took home 53 medals.
Investment, Despite Current Wariness of Venture Capitalists, Recognizes Need for Risk Management Solutions for U.S. Banks
KITCHENER-WATERLOO - Covarity Inc., the leading commercial loan portfolio management software provider, announced that it has received an additional $3 million in venture capital funding from BDC (Business Development Bank of Canada), GrowthWorks, Tech Capital Partners, and VentureLink Group of Funds.
VINELAND - Officials from the University of Guelph (U of G) and the Vineland Research and Innovation Centre today signed a research partnership agreement to collaborate on national and international industry-driven horticulture research initiatives.
Acquisition supports Bell's strategic imperative to Accelerate Wireless
MONTREAL - Bell announced the $142-million acquisition by Bell Mobility of the 50% stake in Virgin Mobile Canada not already owned by Bell, along with an exclusive, long-term licensing agreement with the Virgin Group for continued use of the Virgin Mobile brand in Canada.
DETROIT (Reuters) - General Motors Corp said it burned through $10.2 billion in the first quarter as it failed to cut costs fast enough to offset a sharp decline in global sales and was kept afloat by a federal bailout.
Kitchener - At the 20th annual Ontario Technological Skills Competition (OTSC), held in Waterloo on May 4-5, Conestoga College enjoyed outstanding success as 19 students earned post-secondary level medals for their knowledge and applied skills in a variety of competition categories.
WATERLOO - Open Text(TM) Corporation announced unaudited financial results for its third quarter, ending March 31, 2009.(1) Total revenue for the third quarter was $192.0 million, up 7% compared to $178.8 million for the same period in the prior fiscal year. License revenue in the third quarter was $51.9 million, compared to $51.5 million for the same period in the prior fiscal year.
OTTAWA - The Honourable Jean-Pierre Blackburn, Minister of National Revenue and Minister of State (Agriculture), announced that preliminary numbers show the average refund for the 2008 tax year is once again over $1,400.
More than half of consumers say country is now on the right track
NEW YORK - Driven by reduced concern about current economic conditions and diminishing fears of job loss, U.S. consumer sentiment continued to rebound this month, according to the most recent results of the RBC CASH (Consumer Attitudes and Spending by Household) Index.
WATERLOO, ON, and AUSTIN, TX - Open Text(TM) Corporation, a global leader in Enterprise Content Management (ECM) software, and Vignette Corporation, the company that the world's leading brands rely on for innovative and dynamic web experiences, announced that they have entered into a definitive agreement pursuant to which Vignette will become a wholly owned subsidiary of Open Text.
WASHINGTON - The Honourable Dalton McGuinty, Premier of Ontario, Canada., will receive the Biotechnology Industry Organization’s (BIO) second annual International Leadership Award for his strong commitment to the development and growth of the biotechnology industry in Ontario, Canada.
Standard Life sells Metrotown Place III in Burnaby, BC for $14.25 million
VANCOUVER - Avison Young announced yesterday that it has negotiated British Columbia's first suburban office building sale (exceeding $5 million in value) since fall 2008.
Massage actually impairs blood flow to the muscle after exercise
Kingston, ON – A Queen’s University research team has blown open the myth that massage after exercise improves circulation to the muscle and assists in the removal of lactic acid and other waste products.
TORONTO - The Board of Directors of Sun Life Financial Inc. announced a quarterly shareholder dividend of $0.36 per common share, payable June 30, 2009 to shareholders of record at the close of business on May 27, 2009. This is the same amount as paid in the previous quarter.
TORONTO - The United Steelworkers (USW) union welcomed the announcement from Industry Minister Tony Clement that he will hold US Steel to the investment, research and production commitments it made to Canada in taking over Stelco.
TORONTO - Random House Canada is proud to announce that it has signed veteran journalist and author Peter C. Newman to write the first full-length biography of Liberal leader, prime ministerial contender and public intellectual Michael Ignatieff.
WATERLOO - A new print-on-demand machine at the University of Waterloo Bookstore will in mere minutes print a high-quality paperback book with colour cover at a low cost.
Statscan - The increase halted five consecutive monthly declines. March's increase came mainly from the non-residential sector in Ontario, Quebec and Alberta.
First quarter reported net loss of $6.0 billion Results reflect continuation of global economic downturn and lower industry-wide sales volume Losses partially offset by strong structural cost reduction due to aggressive restructuring efforts
DETROIT - General Motors today announced its financial results for the first quarter of 2009, which predominantly reflect the effects of continued global economic pressures and low auto industry volumes worldwide. Industry sales volume was down 21 percent globally in the first quarter versus the year-ago period, leading to significantly reduced volume and revenue for GM.
"US President Barack Obama on Tuesday announced a $63 billion, six-year health initiative to help people in the world's poorest countries, most of it to bolster existing programs.
Toronto - In its March 26, 2009 provincial budget, Ontario announced the intention to proceed with a value added tax. Effective July 1, 2010, provincial sales tax will be harmonized with the federal goods and services tax (GST), resulting in a federally administered 13% tax, of which the Ontario portion will be 8%. Details are expected to be released later in 2009.
Read or listen to any news report these days and you're sure to get negative information: workers being downsized, employees being forced to take pay cuts, big companies seeking bailout money, and yet another business closing its doors. With so much negativity dominating the nightly news reports, it's no wonder so many people are so stressed at work.
AURORA - Magna International Inc. reported financial results for the first quarter ended March 31, 2009. Magna posted sales of $3.6 billion for the first quarter ended March 31, 2009, a decrease of 46% from the first quarter of 2008.
BURNABY, BC - Premier Gordon Campbell cites the BC Chamber of Commerce to support claims that a higher minimum wage will kill jobs. But the Chamber either cannot or will not explain those numbers, say United Steelworkers.
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