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Wednesday May 6, 2009
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Ted Talks

Mae Jemison: A bold vision for teaching arts and sciences -- together



Mae Jemison is an astronaut, a doctor, an art collector, a dancer ... Telling stories from her own education and from her time in space, she calls on educators to teach both the arts and sciences, both intuition and logic, as one -- to create bold thinker

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Hall of Fame

Six New Canadian Business Leaders Become Order of the Business Hall of Fame Recipients

Jim Balsillie and Mike Lazaridis both named Companions

TORONTO - The Order of the Business Hall of Fame officially welcomed this year's Order of the Business Hall of Fame Companions 31st annual Gala Dinner Induction Ceremony last night at the Metro Toronto Convention Centre.

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Try and Try Again

Balsillie Makes Offer To Purchase Phoenix Coyotes

Conditional on Team in Southern Ontario

TORONTO - Jim Balsillie tabled an offer yetserday to purchase the Phoenix Coyotes, following the team's bankruptcy filing. The offer to purchase the team for $212.5 million (U.S.) is conditional on relocation to Southern Ontario, to become the seventh NHL franchise in Canada.

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Top 40 under 40

UW congratulates four alumni on Globe and Mail 's 2008 list of Top 40 Under 40

WATERLOO - The University of Waterloo is congratulating the four alumni named in this year's Globe and Mail's list of Top 40 Under 40. Winners of the award were chosen from more than 1,200 nominees by a 26-member independent advisory board. Candidates were selected on the following criteria: vision and leadership, innovation and achievement, impact, growth and development strategy, as well as community involvement and contribution.

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Recognition

BENNINGER RECOGNIZED AS BEING AMONG ELITE TOP TWO PERCENT OF PRODUCERS WITHIN COLDWELL BANKER COMMERCIAL® FOR 2008

Kitchener – Peter Benninger, Broker of Record and President of Coldwell Banker Commercial Peter Benninger Realty, has been recognized as one of Coldwell Banker Commercial’s® 2008 “Top Two,” a designation that is reserved for the elite top two percent of sales producers organization-wide.

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Make Him Pay

Star union calls for Torstar board to revoke outgoing CEO's 'obscene' severance

TORONTO - Union activists at The Toronto Star are asking Torstar Corp.'s board of directors to take back the $9.6 million in severance payments made to outgoing CEO Rob Prichard. The union has dubbed Prichard the '$24 million man' for his total compensation during his years at Torstar. He became Torstar CEO in 2002.

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Housing Market

CONSUMER CONFIDENCE INCREASING

KITCHENER-WATERLOO – There were 632 homes sold through the Kitchener-Waterloo Real Estate Board ‘s (KWREB) Multiple Listing Service® (MLS®) in April, a 27.4 percent increase compared with March 2009, marking the fourth consecutive month that sales have increased month over month.

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MEDIA

Rogers Broadcasting increases presence in Ontario

TORONTO - Rogers Broadcasting Limited (RBL) received CRTC approval on the purchase of radio stations K-Rock and KIX Country in Kingston, Ontario. Rogers had purchased a minority interest in these stations in 2000 and late last year made an arrangement to purchase the majority interest of partner K-Rock 1057 Inc.

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US Economy

U.S. private sector job loss slows in April

NEW YORK (Reuters) - U.S. private sector job losses slowed in April, coming in below economists' expectations, according to a report by ADP Employer Services on Wednesday.

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WLU Convocation

Louise Fréchette and Heather Reisman among Laurier honorary degree recipients

WATERLOO – A former top United Nations official, a former federal cabinet minister, the CEO of Canada’s largest book retailer and a photojournalist will receive honorary degrees at Laurier’s spring convocation ceremonies. Laurier will graduate more than 1,900 students at its Waterloo convocation ceremonies June 3-5, and approximately 360 students at the university’s Brantford campus June 10.

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Cancer Research

Hamilton researchers awarded more than $600,000 by the Canadian Cancer Society

HAMILTON - Three researchers in Hamilton will be awarded more than $600,000 in research funding, the Canadian Cancer Society announced today.

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Student Achievement

Junior Achievement Students Awarded $30,000 in Scholarships

Deloitte Inspiration Awards, Peter Mansbridge Youth Leadership Award and Peter Mansbridge Journalism Award Presented at The Order of the Business Hall of Fame Companion Induction Ceremony

TORONTO - Six outstanding high school students from across Canada were recognized at the Order of the Business Hall of Fame 2009 Companion Induction Ceremonies and Gala Dinner in Toronto last night. Four students were awarded a $2,500 Deloitte Inspiration Award scholarship, one recipient received the $10,000 Peter Mansbridge Youth Leadership Award, and another received the $10,000 Peter Mansbridge Journalism Award.

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Economic Development

Orangeville Implementing Plan For Economic Growth

McGuinty Government Supports Town's Long-Term Strategy

TORONTO - Ontario is helping the Town of Orangeville strengthen the local economy and build on tourism opportunities. The Town of Orangeville is implementing the key recommendations of its economic development and tourism strategy, which will:

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Innovation

Ministers Welcome Report by Science, Technology and Innovation Council

OTTAWA - The Honourable Tony Clement, Minister of Industry, and the Honourable Gary Goodyear, Minister of State (Science and Technology), received Canada's Science, Technology and Innovation System: State of the Nation 2008, the first public report by the Science, Technology and Innovation Council (STIC).

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Financial Markets

Leading North American scholars discuss global financial meltdown

WATERLOO – Laurier’s School of Business & Economics will host a one-day conference called Global Financial Crisis on May 15, 2009.

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H1N1

LITTLE OR NO EVIDENCE FOR SOME SWINE FLU INTERVENTIONS, AND DIRECT COMMUNICATIONS FROM HEALTH AGENCIES TO DOCTORS NEEDED

New York - The Lancet yesterday published a Online First an Editorial and a World Report, plus a Comment from Lancet Infectious Diseases Editor John McConnell, on the swine flu outbreak (now referred to as influenza A(H1N1)).

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Business Excellence

Six outstanding leaders honoured by the Italian-Canadian business community

TORONTO – Winners of the 7th annual Italian Chamber of Commerce of Toronto Business Excellence Awards (BEA) were announced today in Toronto. The awards are presented to the most outstanding and innovative leaders from the Italian-Canadian business community each year.

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Venture Capital

Q1 2009 PRIVATE EQUITY BUYOUT INDUSTRY: SLOWDOWN IN INVESTMENTS AND FUNDRAISING

TORONTO - CVCA- Canada’s Venture Capital and Private Equity Association together with research partner, Thomson Reuters, released Q1 2009 investment and fundraising data for the buyout industry that point to a slowdown in activity in Canada, comparable to the global slowdown in the buyout industry in the quarter.

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Literary Jurors

Two Carleton University professors named as jurors for 2010 Charles Taylor Prize

Ottawa – Noreen Taylor, chair of the board of trustees of the Charles Taylor Foundation, announced today that two of the jurors for the 2010 Charles Taylor Prize for Literary Non-Fiction are Carleton’s Andrew Cohen, professor of journalism and international affairs and Tim Cook, adjunct research professor.

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Conference

Martin Prosperity Institute To Host Conference on Cultural Mapping

Toronto - On June 9-11, 2009, the Martin Prosperity Institute, in partnership with the Ontario Ministry of Culture, and the City of Toronto - Economic Development, Culture & Tourism Division, will be hosting the inaugural Placing Creativity Conference at the MaRS Centre, 101 College Street, Toronto, Ontario, Canada.

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Accountability

Manulife Financial's 2008 Public Accountability Statement now available on-line

TORONTO - Manulife Financial Corporation's 2008 Public Accountability Statement, detailing the Company's philanthropic and sustainability efforts, is now available for download at www.manulife.com.

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Tax Free Savings

Government Applauded for Creation of the TFSA

OTTAWA - The Honourable Jean-Pierre Blackburn, Minister of National Revenue and Minister of State (Agriculture), and the Honourable Jim Flaherty, Minister of Finance, accepted a card, signed by Canadians from across the country, thanking the Government of Canada for introducing the Tax-Free Savings Account (TFSA) in the 2008 Budget. The card was presented by Peter Aceto, President and Chief Executive Officer of ING DIRECT Canada, in Ottawa this afternoon.

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Emerging Economy

Infrastructure To Remains As Bottleneck For Development In Asia: ADB Study

World News - "The backward infrastructure that suffered enormous pressure from Asia's rapid economic growth in recent years will continue to be a bottleneck for the region, said a book released by the Asian Development Bank (ADB) and ADB Institution on Monday at the 42nd ADB annual meeting in Bali.

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US Tax Proposal

Obama Corporate Tax Proposal Would Penalize U.S. Businesses Who Want to Compete in Global Marketplace

Tax Foundation Senior Research Fellow Argues America’s Real Problem is Increasingly Out-of-Line Corporate Tax System Internationally

Washington, DC- The following is a statement from Tax Foundation Senior Research Fellow, Robert Carroll, Ph.D., on President Barack Obama’s proposal to end tax deferral of profits from American businesses earned abroad:


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