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Friday January 30, 2009

Ted Talks

Joe DeRisi: Hunting the next killer virus

Biochemist Joe DeRisi talks about amazing new ways to diagnose viruses (and treat the illnesses they cause) using DNA. His work may help us understand malaria, SARS, avian flu -- and the 60 percent of everyday viral infections that go undiagnosed.

2009 Auto Manufacturing

North American vehicle output slumps to multi-decade low, according to Scotia Economics

- Moderate improvement is expected by the spring

TORONTO - Faced with a sharp sales decline and excessive inventories, North American auto production turned sharply lower in December, and has been virtually shut down in January, according to the latest Global Auto Report released today by Scotia Economics.

Regional Economy

$206 million for Economic Development in Southern Ontario is good news for Waterloo Region

Waterloo Region - Canada's 2009 budget takes a proactive approach to tackling Canada's recession. The finance minister envisions a $34 billion deficit this year, followed by forecasted deficits until 2013, with the plan of spending $40 billion over the next two years to stimulate Canada's economy. The hope is that Canada will bounce back by 2010.

Manufacturing Innovation

Greener Technology Helps Create Auto Sector Jobs In Kitchener

Ontario Government Helps Mitchell Plastics Reduce Environmental Impact

TORONTO - Ontario is helping an innovative auto supplier invest in new technology that will boost productivity while reducing its impact on the environment.


New biotech invention to be launched worldwide

London - Invented at The University of Western Ontario, a novel therapy system for treating dysphagia has been licensed to Trudell Medical International (TMI) for development and world-wide distribution. The therapy system is currently undergoing clinical testing.


Communications saved Maple Leaf during listeriosis crisis

First-of-its-kind study shows tangible, crisis-mitigating impact of communications
by Julia Thompson

Hamilton - Maple Leaf Food's timely and frequent communications during this summer's listeriosis crisis allowed the company to recover consumer confidence a new study release has shown.

Auto Restructuring Talks

CAW Master Bargaining Committees Agree to Start Auto Restructuring Talks

TORONTO - At a special meeting in Toronto today, the CAW master bargaining committees at General Motors, Ford and Chrysler gave the union the authority to engage in extraordinary contract talks with the North American automakers as their restructuring process continues in the coming weeks.

Health & Education

Queen’s chemist sheds light on health benefits of garlic

A Queen’s-led team has discovered the reason why garlic is so good for us.

Kingston - It was widely believed that the organic compound, allicin – which gives the pungent vegetable its aroma and flavour – acts as an antioxidant. But until now it hasn’t been clear how allicin works, or how it stacks up compared to more common antioxidants such as Vitamin E and coenzyme Q10, which stop the damaging effects of radicals.

Global Economy


* Report: World facing “water bankruptcy” in many places, if current use trends continue

Davos-Klosters, Switzerland - Water is the nexus linking together a web of food, energy, climate, economic growth and human security; the world simply cannot manage water in the future in the same way as in the past or the economic web will collapse. This is the stark warning of a forecast released today by the World Economic Forum.

Water Quality

Ottawa River will be cleaner thanks to Great Lakes Legacy Act

CHICAGO - The Ottawa River will soon be much cleaner thanks to an agreement signed today between U.S. Environmental Protection Agency and the Ottawa River Group. They agreed to a $43 million cleanup of contaminated sediment in the river. Costs will be equally shared between EPA, using funds provided by the Great Lakes Legacy Act, and the local sponsors.

Financial Planning

Sun Life Financial study finds nearly half of Ontarians will be working past age 65

Unretirement(TM) Index reveals that workers are conflicted about their retirement prospects

TORONTO - According to the country's first ever "Unretirement(TM) Index" released today by Sun Life Financial, many Ontarians now expect to work longer for positive reasons, such as remaining mentally active and enjoying the people they work with, but they are also concerned about their financial readiness for retirement. These findings signal a departure from how Canadians have been retiring in the last few years and will have important implications for families, employers and society.

2009 Budget

Experts disagree on budget's ability to stimulate tech innovation, job growth in Canada

Some observers laud the Federal budget for allocating serious funds to science and technology projects – saying this could trigger future job growth, productivity and innovation. Others pan the budget for neglecting venture capital and equity funding.

by Michelle MacLeod, it

Significant funds allocated to Canada's science and technology infrastructure in the 2009 budget could stimulate future job growth and innovation in the high-tech sector, some observers say.

Global Economy

World Economy May Lose 51 Million Jobs - UN Agency.

"Up to 51 million jobs worldwide could disappear by the end of this year as a result of the economic slowdown that has turned into a global employment crisis, a UNs agency said on Wednesday.

Quarterly Report

DALSA Reports Fourth Quarter 2008 Financial Results

Waterloo - DALSA Corporation, reported revenues from continuing operations of $46.2 million for the quarter ended December 31, 2008, and net income from continuing operations of $4.3 million or $0.23 per share, diluted. For the full year 2008, the Company achieved record revenues of $206.0 million from continuing operations and record earnings from continuing operations of $21.9 million.

Canadian Steel

Steelworkers Union will try to make Buy-America policy work for Canada

TORONTO - United Steelworkers' (USW) National Director Ken Neumann said Thursday that his union will work to ensure the 'Buy America' provision in the US $825-billion economic stimulus package works to the benefit to the entire North American steel industry.

Global Economy


* White House envoy offers insights on her “old friend” in the Oval Office
* Timeless values, incredible diversity, opportunity and hope will guide new administration
* Extends call for “new era of global financial responsibility” to all: individuals, governments, corporations, philanthropic organizations

Davos-Klosters, Switzerland - Valerie Jarrett, fresh from her first week in the new administration of US President Obama, reinforced the president’s call on leaders from all nations to “seize gladly” the duties of collaborating and boldly embrace “a new era of global financial responsibility” - to each other, to our families, to our communities, to our country and to the world.”


Corporate Knights Magazine releases seventh-annual Responsible Investing Guide

Toronto - Today, Corporate Knights Magazine releases its seventh-annual Responsible Investing Guide. This guide assesses 64 Canadian mutual funds with self-stated environmental, social, and governance (ESG) goals based on the funds' performance, turnover rate, and adherence to responsible investment principles.


Academic disruption has ended at York University

Courses and other academic activities resume Monday, February 2

Toronto - The York University Labour Disputes Resolution Act, 2009 has been passed by the Ontario legislature and received royal assent. As a result, the Executive Committee of Senate declares that the disruption of academic activities that began on November 6, 2008 has ended.


U of G Seeks People to 'Leave for Change'

Guelph - When Lisbeth Sider boarded a plane for Vietnam in late October, it was a landmark event. She had never travelled outside Canada before (apart from a few shopping trips to Buffalo as a young child).

*Note: To review previous days go to Weekday tab at top of page.


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