Asteroid strikes get all the coverage, but "Medea Hypothesis" author Peter Ward argues that most of Earth's mass extinctions were caused by lowly bacteria. The culprit, a poison called hydrogen sulfide, may have an interesting application in medicine.
Companies Turn to Human Resource Outsourcing to Ease Growing Pains
TORONTO - While opening an office in Canada is an exciting way to expand into new markets, companies unfamiliar with the differences between the Canadian and American employment landscape can face many challenges. To ensure the transition into Canada is successful, it is vital that a company understand the legislative differences between Canada and the U.S., and the consequences of overlooking those differences.
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 Canadians now expect to work longer for positive reasons, such as remaining mentally active and enjoyment of career, but they are also concerned about their financial readiness for retirement.
Union added back previously dropped items.
CUPE continues to cripple student learning which has the potential to ripple through all future University negotiations
TORONTO - On Wednesday, Jan. 21 Premier McGuinty announced that he would send in his top mediator, Reg Pearson and provide him “with a limited amount of time to explore the possibilities of bringing the sides together” to “give this one more shot.” York welcomed this initiative and looked forward to working with the mediator in an effort to reach a settlement.
Canada's Charities and Nonprofits are extremely disappointed that the Budget fails to acknowledge the role they play in helping vulnerable Canadians
OTTAWA - This Budget made very little mention of Canada's charities and nonprofit organizations as they enter a period of increasing economic difficulty in meeting their mandates to serve vulnerable Canadians - despite the fact that Canada has 161,000 registered charities and nonprofits. These organizations marshal more than 12 million volunteers and 2 billion hours of volunteer time.
Up to $12B to support vehicle and equipment financing Getting Credit to Main Street Canada
TORONTO- The Hon. Jim Flaherty, federal Minister of Finance, announced the creation of the Canadian Secured Credit Facility (CSCF), with an allocation of up to $12 billion to support "the financing of vehicles and equipment for consumers and businesses, large and small."
OTTAWA - The Canadian Film and Television Production Association (CFTPA) is pleased the government has listened and given a two year extension to the Canadian Television Fund (CTF) and the Canada New Media Fund (CNMF).
TORONTO - The professional association that speaks out for registered nurses in Ontario says the federal budget deserves marks for spending on infrastructure projects, social housing and modest measures to help low income families but misses a prime opportunity to build Canada's health infrastructure by ensuring an adequate supply of nurses and other health providers to care for Canadians.
TORONTO - Finance Minister Jim Flaherty announced $2 billion dollars in infrastructure spending targeted at Colleges and Universities across Canada as part of the proposed federal budget. Lacking from the budget, however, were student support measures aimed at fostering the knowledge economy that Colleges and Universities can deliver.
OTTAWA - Canada's economic performance has faltered in the wake of a financial crisis that has engulfed global capital markets. The Investment Industry Association of Canada (IIAC) supports the announced budget initiatives that provide short-term support to individual Canadians and businesses, facilitate the flow of credit through the capital markets, and lay the foundation for recovery.
TORONTO - CVCA - Canada’s Venture Capital and Private Equity Association today expressed its disappointment at the absence of measures in the federal budget to improve access to venture capital for Canada’s most promising growth companies.
TORONTO - Ontario's college and college/university students are pleased that Minister of Finance, Jim Flaherty, has committed $2 billion in new infrastructure funds to repair, improve and expand our postsecondary education institutions in his 2009 Budget, says the College Student Alliance (CSA).
TORONTO - The federal government's refusal to address the shortfalls of Employment Insurance in the budget is a slap in the face to hundreds of thousands of unemployed workers, said CAW President Ken Lewenza. "Temporarily extending the benefit period by a mere five weeks is not enough to fix the crisis faced by unemployed workers."
TORONTO - Despite being pushed by the opposition-led coalition to do something to stimulate the economy in recession, the Conservative Government's budget is too small a step, says United Steelworkers' (USW) National Director for Canada, Ken Neumann.
Ottawa - Federal Minister of Finance Jim Flaherty presented the minority government's budget on January 27, 2009, against the backdrop of a deepening global economic crisis. PricewaterhouseCoopers states that the budget provides an economic stimulus of almost $40 billion over two years, resulting in projected deficits of $33.7 billion in 2009-10 and $29.8 billion in 2010-11.
VANCOUVER, BRITISH COLUMBIA - Canada's federal budget turns back the clock on Canada's past sound fiscal management and sets the nation back down the path of massive deficits and increased debt, said Niels Veldhuis, Fraser Institute senior economist.
"Governments are not doing enough to co-operate on rebuilding troubled financial systems and fiscal stimulus packages alone will not boost economic growth, according to the heads of the International Monetary Fund (IMF) and the World Bank.
Ottawa The Tourism Industry Association of Canada welcomed the announcement in yesterday's federal budget of a number of key funding initiatives worth more than $800 million to help support the competitiveness of Canada’s tourism and travel sector.
OTTAWA - The National Airlines Council of Canada ("NACC"), welcomes the federal government's decision outlined in Canada's Federal Budget to increase funding to the Canadian Air Transport Security Authority (CATSA). Aviation security is an essential service in Canada and the announcement that the Government of Canada will assume new security costs directly, rather than through new costs for air travellers, demonstrates the federal government's recognition of its responsibility in this matter. While the government's funding commitment is limited to 2009-10, the NACC advocates for a permanent federal fund dedicated to aviation security.
Waterloo - DALSA Corporation, an international leader in high performance digital imaging and semiconductors, announced today that Video Equipment Rentals ("VER"), an international AV, audio, broadcast and computer equipment rental company, has purchased DALSA's inventory of High Definition and Standard Definition ("HD/SD") camera related equipment.
WATERLOO - Descartes Systems Group, a global on-demand software-as-a-service (SaaS) logistics solutions provider, went live on January 26, 2009 with its Importer Security Filing (ISF) "10+2" service. This service is available to the more than 4,000 members of the Descartes Global Logistics Network to help them comply with this latest United States Customs and Border Protection's (CBP) ISF "10+2" initiative.
WHITE PLAINS, NY - ORTHOMETRIX, INC. announced today that its VibraFlex(R) series of whole body vibration technologies and devices received a Class II Medical Device License from Health Canada and may now be sold in the Canadian market as a medical device.
CAMBRIDGE - United Steelworkers' (USW) Ontario/Atlantic Director Wayne Fraser announced Monday that members of USW Local 2894 have ratified a new, three-year agreement with Tenneco Canada Inc. at its Walker Exhaust facility in Cambridge, ON.