Educating the poor is more than just a numbers game, says Shukla Bose. She tells the story of her groundbreaking Parikrma Humanity Foundation, which brings hope to India's slums by looking past the daunting statistics and focusing on treating each child as an individual.
TORONTO - The biggest takeaway from the recession for companies could be to move fast with necessary changes, according to a recent survey of chief financial officers (CFOs). When executives were asked to name the greatest lesson learned during the recent downturn, the top response was to take decisive measures to avoid multiple rounds of cost-cutting, cited by nearly three in 10 (29 per cent) of respondents.
Statscan - Tourism spending in Canada increased 0.4% in real terms in the fourth quarter of 2009, as outlays by both international visitors to Canada and Canadians were up. This was the second consecutive increase in tourism spending, following four negative quarters that started in the summer of 2008.
SHANGHAI - Manulife-Sinochem Life Insurance Company (MSL or Manulife-Sinochem) was honored with an award for excellence for 2009 by China's top government body. At the recommendation of the China Insurance Regulatory Commission (CIRC), MSL received an "Excellent Organization" award from the State Council National Economic Census Commission - the only foreign life insurance company to earn this prestigious recognition.
Kingston - Queen’s University business professor Louis Gagnon says this rise in interest rates by several Canadian banks means people should start looking ahead and be concerned about their financial future.
Operating profits for Canadian wholesalers totalled $33.6 billion in 2008, up 11.7% from 2007 as revenues increased at more than three times the pace of expenses. Overall, operating profits for wholesale as a percentage of total operating revenue increased from 4.3% in 2007 to 4.5% in 2008.
Statscan - Canadian retailers' operating profits as a share of operating revenue narrowed slightly to 5.0% in 2008 from 5.2% in 2007. Retailers were affected by changing economic conditions during 2008, especially late in the year.
Guelph - Should bioproducts manufacturers receive public subsidies to spur more "green" consumption? Should Canada follow other countries' lead and adopt specific targets for use of renewable resources?
ALLISTON - Honda of Canada Mfg. (HCM) is scheduled to add a second production shift to its Plant 2 facility in early 2011 that will increase daily output from 400 to 600 units per day, and will allow HCM to add more than 400 new positions.
MONTREAL - E&B (Economic and Business) DATA has observed a surge of announcements in new capital investments in Ontario in February. More than 1 billion $ of new investments were announced in February 2010 as compared to 120 million $ in February 2009.
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