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Wednesday May 27, 2009

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Ted Talks

Jay Walker on the world's English mania



Jay Walker explains why two billion people around the world are trying to learn English. He shares photos and spine-tingling audio of Chinese students rehearsing English -- "the world's second language" -- by the thousands.

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2009 Auto Restructuring

GM bond deadline passes, bankruptcy seen near
By John Crawley and Kevin Krolicki

WASHINGTON/DETROIT (Reuters) - General Motors Corp said on Wednesday that a crucial bond exchange proposal failed to gain enough support and that its board of directors would meet to review the automaker's options, clearing the path for what would be the largest U.S. industrial bankruptcy ever.

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Pensions

Rotman International Centre for Pension Management Releases Second Issue of Journal
By Ken McGuffin

Toronto - The second issue of a pension journal from the Rotman International Centre for Pension Management (ICPM) at the Rotman School of Management at the University of Toronto takes a timely look at investment beliefs, risk management, and pension funds in light of the financial crisis.

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New Business

BIOREM awarded $1.3 million in new orders

GUELPH - BIOREM Inc. announced today the receipt of two recent orders totaling $1.3 million for projects in the midwest and western coast of the United States.

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Skills Competition

Conestoga Students Win National Skills Medals

Kitchener - Three Conestoga entrants in the 15th Canadian Skills Competition (CSC) have come home from the Prince Edward Island event with medals that testify to their technical skills and problem-solving abilities. The CSC brings together in high-level, friendly competition Canada’s best technical and trades students, at both the secondary and the post-secondary levels.

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Innovation

Government of Canada Invests in Research and Development Project to Improve Safety and Security of Global Supply Chains

OTTAWA - The Honourable Tony Clement, Minister of Industry, announced a $3.1 million repayable investment in research and development (R&D) to be undertaken by TransCore Link Logistics Inc. for the satellite-based tracking of goods and monitoring of products.

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Education Funding

Laurier receives $26 million for Brantford Research and Academic Centre

BRANTFORD – The provincial and federal governments are contributing $13 million each to help Wilfrid Laurier University build a state-of-the art Research and Academic Centre on the university’s fast-growing Laurier Brantford campus.

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Housing

April new home sales encouraging

TORONTO - There were more new homes sold in the Greater Toronto Area in April, 2009 than in any other month since the onset of the global economic crisis last Fall, the Building Industry and Land Development Association revealed yesterday.

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Education Funding

Governments fund new home for Queen’s medical school

Kingston - The federal and provincial governments have announced $58 million for a state-of-the-art building to house expanded teaching, research, administrative and student facilities, that are currently scattered in several buildings, some of which are a century old.

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Media

Mediacom and Newsy.com Ink Innovative Partnership

Partnership will offer exclusive programming to Mediacom’s customers and test and define new models for news

Columbia, MO - Mediacom Communications and Newsy.com have agreed to launch an innovative partnership focused on delivering new forms of news content to Mediacom customers.

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Infringement Verdict

Jury orders Microsoft to pay $200M in damages to i4i

TORONTO - i4i, headquartered in Toronto, ON, Canada, received a $200 million patent infringement verdict from a federal jury who found that Microsoft Corp., the world's largest software maker, infringed on an i4i patent. The verdict was issued on May 20, 2009, in the U.S. District Court for the Eastern District of Texas, Tyler Division.

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Economic Strategy

Japan To Propose Land Investment Principles At Summit.

"Japan is to propose introducing a set of principles to ensure smooth investment in agriculture in developing countries at a G8 summit in Italy in July...said Tamaki Tsukada, Director of the Economic Security Division at the Ministry of Foreign Affairs.

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US Economy

U.S. recession to end soon, modest recovery seen: poll
By Lucia Mutikani

WASHINGTON (Reuters) - The U.S. recession is set to end "soon," but continued job losses and plunging house prices point to an economic recovery that will be more moderate than those experienced in previous downturns, a survey showed.

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Employer Pensions

Study: Shifting pensions:1991 to 2006

Statscan - In 2006, defined-benefit pension plans remained the predominant type of employer-sponsored plan but another type of plan has been gaining ground since 1991, especially in the private sector.

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Leadership

Executive Coach Launches Program To Prevent Overwhelmed Executives From Hitting The Wall

Kitchener - A recent leadership study revealed that 63.6% of leaders are rarely able to take solitary time during the work day for planning or professional development with most spending their days fighting fires and dodging crises. So, what does this mean for today’s executives?

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Global Environment

France, Germany Urge More Flexible Climate Pact.

"France and Germany suggested on Monday that rich nations should collectively guarantee deep cuts in greenhouse gases by 2020 while giving flexibility to laggards such as the US to catch up later.

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Service Award

Robert Half Canada recognized with Community Service Award

Canadian Employees Contribute More Than 7,500 Volunteer Hours to Nonprofit Organizations

TORONTO - Robert Half Canada has been recognized with the 2009 Community Service Award from the Association of Canadian Search, Employment and Staffing Services (ACSESS), the national voice of the employment and staffing industry. The award recognizes organizations that make an extraordinary commitment to, and have a genuine concern for, the community at large by supporting charities, educational and other community groups.

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Philanthropy

Community-Based Organizations Benefit from $213,000 from The Co-operators

GUELPH - The Co-operators announced $213,000 in grants to support the work of 11 community-based organizations that help disadvantaged people move toward self-reliance. Each of the organizations provides important services designed to help marginalized people overcome barriers and become more fully integrated into the economic and social networks of their communities.

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New Office

GE Capital Opens New Canadian Head Office in Montreal

MONTREAL - GE Capital, GE's financial services arm, announced that it has officially opened a newly designed Canadian head office at 1250, Rene-Levesque Boulevard West in downtown Montreal.

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NHL

A new generation of the Molson Family considers the possibility of bidding for the Montreal Canadiens hockey club

MONTREAL - A new generation of the Molson Family is considering the possibility of submitting a proposal to acquire the Montreal Canadiens hockey club.

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Pensions

Pension plan dominates talks between CAW and Air Canada

TORONTO - Talks between the CAW and Air Canada continue into a sixth day as the union makes every effort to secure the integrity of the pension plan while speculation that the company could go into CCAA lingers.

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Award Recognition

Innovative Research wins CIGI Researcher prestigious Cadieux-Léger Fellowship

Waterloo – Clint Abbott has been awarded the prestigious 2009-10 Cadieux-Léger Fellowship by the Department of Foreign Affairs and International Trade (DFAIT) to further his studies in the field of Canadian foreign policy.

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Acquisition

The envision Group Completes First Acquisition for 2009

OTTAWA - The envision Group is pleased to announce that it has successfully completed the acquisition of Vancouver based Interproject Systems Inc. (IPS).

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Energy Apology

Red Rock First Nation and Ontario Power Generation sign settlement agreement

TORONTO - The Red Rock First Nation (RRFN) and Ontario Power Generation (OPG) are pleased to announce the signing of a final settlement agreement that resolves past grievances from impacts of OPG operations in the Red Rock First Nation traditional territory and the formal delivery of an apology to the community by OPG for those impacts.



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