At her Harvard University commencement speech, "Harry Potter" author JK Rowling offers some powerful, heartening advice to dreamers and overachievers, including one hard-won lesson that she deems "worth more than any qualification I ever earned." ____________________ Venture Capital
TORONTO/WATERLOO - Celtic House Venture Partners has led a $15 million Series "B" financing round of Avvasi. Based in Waterloo, Ontario, Avvasi is developing solutions that enable mobile network providers to measure, improve and monetize mobile video. The financing was co-led by Tech Capital Partners (Waterloo).
VANCOUVER - Port Metro Vancouver's 2009 year-end cargo statistics report significant growth in grain, specialty crops and petroleum products, a modest increase in export laden container volume, and a decrease in total container count. Overall, the Port's 2009 total tonnage declined 11 per cent compared to 2008.
TORONTO - Toyota Canada Inc., (TCI) today announced it will begin fixing accelerator pedals in recalled Toyota Division vehicles by the end of this week. Toyota's engineers have developed a solution that involves modifying the pedal assembly to eliminate the excess friction that has caused the pedals to stick in rare instances. ____________________ Futures
NEW YORK (Reuters) - Stock index futures rose on Monday after Wall Street ended January with its worst month in nearly a year as investors bet that data will show signs the U.S. economy continues to mend.
Six-in-ten Ontario residents are worried about debt
TORONTO - The January RBC Canadian Consumer Outlook report finds that Ontario residents expect to have their debt paid off by the age of 58, one year later than the national average. Nearly six-in-ten Ontario residents (59 per cent) are worried about their current debt level, compared to 58 per cent nationally.
At the 40th World Economic Forum Annual Meeting 2010, participants found that the global recovery is fragile, and now is the moment to rethink values as the world rebuilds prosperity
Davos-Klosters, Switzerland - At the conclusion of the 40th World Economic Forum Annual Meeting, participants pledged to rethink, rebuild and redesign the global economy based on sustainable principles.
US President Obama’s top economic adviser cites the fourth quarter GDP growth rate – estimated at 5.7% – as evidence that Obama’s policies have pulled the US economy back from the brink of a second Great Depression, but says more needs to be done to fight unemployment
Davos-Klosters Switzerland - In a wide-ranging interview with US TV talk show host Charlie Rose, Larry Summers, Director of the US National Economic Council, vigorously defended the Obama administration’s economic policies and regulatory proposals.
TORONTO - The January RBC Canadian Consumer Outlook Index dipped two points to 106, as consumers delayed major purchases, were less positive about their outlook for the Canadian economy and showed increased job anxiety. According to the survey, almost six in ten Canadians (58 per cent) are concerned about their current level of debt. However, fewer Canadians in the over 55 age group expressed concern (45 per cent), likely because fewer of them are still carrying debt.
New Trent in Oshawa Thornton Road Campus to Accommodate More Students and a Growing Range of Degree Programs and to Build on Trent’s 35 year Presence in Oshawa
Peterborough - Trent University Board of Governors announced Friday January 29 a new, compelling vision to transform the former St. Michael’s School on Thornton Road into a new campus for the delivery of its full-time and part-time programs for over 1,300 students in Oshawa and the Durham Region.
Expect tough financial regulation from the Obama Administration
Davos-Klosters, Switzerland - Expect “tough regulation” from the Obama Administration on financial services this spring, as well as an energy package. Addressing participants in a session on “The US Legislative Agenda: A Global Perspective” at the World Economic Forum Annual Meeting 2010, US congressmen and senators confirmed that despite bipartisan differences, there is agreement that financial regulation is imperative.
Capital funding will support campaign to Rebuild Anselma House
Waterloo Region - The Ontario government is investing $3.5 million in Women’s Crisis Services of Waterloo Region to support the rebuilding of Anselma House, Kitchener Centre MPP John Milloy announced today. The funding will help provide a new shelter to house and assist women and children in Waterloo Region who are fleeing domestic violence.
Guelph - As Haiti grapples with the aftermath of a catastrophic earthquake, a University of Guelph researcher is setting up a lab aimed at improving the lives of Haitians and limiting the destruction caused by natural disasters.
Leaders must balance the desire to keep a list on public debt against the dangers of a double dip recession, said Managing Director Dominique Strauss-Kahn of the International Monetary Fund (IMF)
Davos-Klosters, Switzerland - Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF) in Washington DC, warned the world’s economic leaders to remain cautious as they examine exit strategies from the various stimulus packages they have implemented in response to the global economic crisis.
London - “For individuals experiencing mild to moderate mental health concerns, or even everyday stresses, there is limited access to resources,” says Tara Morley, a University of Western Ontario psychology graduate student and member of Advocacy through Action. “The Finding your Way lecture series was designed as one attempt to fill this need.”
Grand Valley - As the Building Excellence Awards Submissions begin to roll into the GVCA office, I am again pleasantly surprised at just how good our GVCA member companies really are. Not only are the projects being entered a wonderful cross section of what our industry can do, but they also reveal a strong sense a pride in our teams and our work.
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