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Friday August 5, 2011
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Ted Talks
Jessica Green: Are we filtering the wrong microbes?
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Should we keep the outdoors out of hospitals? Ecologist and TED Fellow Jessica Green has found that mechanical ventilation does get rid of many types of microbes, but the wrong kinds: the ones left in the hospital are much more likely to be pathogens. |
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Arts and Culture
New Passport To Play Contest promotes area museums
WATERLOO REGION – The Region of Waterloo, in partnership with the Waterloo Regional Tourism Marketing Corporation and the Waterloo Region Record Community Partnerships Program, has launched a new promotion called Passport To Play. This initiative is a collaborative effort that promotes a group of participating museums and cultural attractions beginning in the late summer of 2011 through the spring of 2012.
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Business Growth
100th STORE OPENS IN QUEBEC
St. Jacob's - Home Hardware Stores Limited has reached a major milestone as the company opened its 100th store in Quebec. Tho Val Trem Inc. in Ste-Brigitte-de-Laval joined Home Hardware in August of 2010, pushing the number of stores in la belle province into triple digits.
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Sales
Steady Sailing for K-W Home Sales
KITCHENER-WATERLOO –There were a total of 512 home sales through the Multiple Listing System of the Kitchener-Waterloo Association of REALTORS in July, representing a slight increase of 1.6 percent compared to the same month last year.
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Arts and Culture
Edwin and Friends to wow Waterloo Region in the KWS’ most important fundraising event of the season
Kitchener - The Kitchener-Waterloo Symphony opens its 2011/12 season on September 17, 2011 with the organization’s largest fundraising event of the year - a Gala concert at the Centre In The Square featuring five guest artists and music close to Music Director Edwin Outwater’s heart.
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Technology
Canadian Women in Technology Waterloo Region - August 9 Social Event
Waterloo - The newly formed Waterloo chapter of Canadian Women in Technology is hosting a summer social next Tuesday, 5:30 to 7:30 PM August 9 at McCabe's Irish Bar and Grill in Kitchener, for everyone (men too!) to meet, network and learn more about the chapter.
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Union
Union Settlement Finalized for ECP Workers
TORONTO - BRANTFORD - The United Steelworkers has reached a final resolution of the controversy over severance pay for 84 workers at Engineered Coated Products in Brantford. Workers were forced on strike at the ECP plant in August 2008, after the parent company, Intertape Polymer, demanded a 25% rollback of wages and benefits.
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Employment
Weak Job Market a Concern for Real Economic Recovery, says CAW President
TORONTO - The announcement of continued job growth in Canada is in stark contrast to the more deeply rooted challenges facing our national labour market, said CAW President Ken Lewenza.
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Employment
Labour Force Survey
Statscan - Following three consecutive months of increases, employment was little changed in July. The unemployment rate declined by 0.2 percentage points to 7.2%, as fewer people participated in the labour market.
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PSA
Official Re-Opening of Historic Section of Main Street in Cambridge
Cambridge - Mayor Doug Craig and members of Cambridge City Council will officially mark the completion of a major make-over of a portion of Main Street in Galt at a ceremony taking place in advance of the Galt Grand Fest celebrations slated for this weekend. Cambridge elected officials will be joined by project partners, local dignitaries, along with a local performing arts dance troupe.
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PSA
Cambridge ‘Show Up and Show Off’ Youth Event Includes
The Vinyl Killer and Chalk Chicks
Cambridge - The City of Cambridge is pulling out the vinyl for a special youth event called ‘Show Up and Show Off’. The event will be offered at Cambridge City Hall (Civic Square), 50 Dickson Street, on Friday August 5th and runs from 6:00pm to 10:00pm.
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PSA
Rock the Mill in Cambridge
‘Final Thoughts’ Headlining at Music Festival
Cambridge - Pop, punk and rock musical genres are part of the line up for the 2011 Rock the Mill festival happening this Saturday August 6th. While the festival marks its 14th year since it began in Cambridge, what’s new is the location; the much anticipated event will take place in Civic Square at Cambridge City Hall, 50 Dickson Street on Saturday August 6th 1:00 – 11:00pm.
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Construction
Building permits
Statscan - Municipalities issued building permits worth $6.6 billion in June, up 2.1% from May, when growth was 20.9%. The increase in June was largely attributable to higher construction intentions for industrial and institutional buildings in Ontario and multi-family dwellings in British Columbia.
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Auto
Automatic Transmission Control Module Software Recall: 2005-2010 Accords, 2007-2010 CR-V's and 2005-2008 Elements
MARKHAM - Honda will voluntarily recall approximately 135,142 vehicles in Canada to update the software that controls the automatic transmission. Certain 2005-2010 4-cylinder Accord, 2007-2010 CR-V and 2005-2008 Element vehicles will be included in the voluntary recall.
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Manufacturing
$117 million Invested in Oshawa Auto Assembly Plant
All-New Cadillac XTS to Start Production in 2012
OSHAWA - General Motors will invest $117 million to prepare the Oshawa Assembly Plant to build the all-new Cadillac XTS, creating or retaining 400 jobs on the Flex Line.
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Alliance
Crelogix & Universal Guardian Acceptance form Canadian US Alliance
VANCOUVER - Crelogix Acceptance and Universal Guardian Acceptance announced an alliance from which their clients will now be able to seek funding in both Canada and the United States. Clients of Universal who are seeking funding and servicing for their Canadian customers will be able to utilize Crelogix; and clients of Crelogix who are seeking funding and servicing for their US customers will now be able to make use of Universal.
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Sales
July marks best ever year-to-date auto sales
MISSISSAUGA - Subaru Canada, Inc. announced that July year-to-date sales of Subaru symmetrical full-time All-Wheel Drive vehicles were up 2.6 percent, with 16,093 units retailed to date in 2011.
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Sales
July 2011 auto sales reported
TORONTO - Toyota Canada Inc. reported sales of 12,167 Toyota, Lexus and Scion cars, trucks and SUVs in July, 2011. TCI experienced rebounding sales in July which coincided with the ramp-up of North American built production. Although a decrease of 18.2% from July 2010, TCI July 2011 sales exceeded both May and June of this year. The company recorded a 6.1% month over month increase from June to July, against an estimated 14.2% decline in the total Canadian market over that same period.
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Sales
Strong July sales results and records new sales milestones reported
TORONTO - Mercedes-Benz Canada and its network of highly supportive dealers reported today that a total of 2,276 Mercedes-Benz and smart units were delivered to customers in July. This represents a 4.0% year-to-date sales increase, with a record-breaking total of 19,036 units delivered so far in 2011.
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Sales
Best July for auto sales on record in 86 year history
WINDSOR - Chrysler Canada today announced the best July sales in the Company's history, reporting sales of 23,385 for the month of July, 2011 compared with 22,319 in July 2010. July sales were up 5 per cent versus one year ago, representing the 20th consecutive month of year-over-year growth.
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Market
Preferred Share issue announced
TORONTO - Sun Life Financial Inc. announced a Canadian public offering of $200 million of Class A Non-Cumulative Rate Reset Preferred Shares Series 10R (the "Series 10R Shares"). The Series 10R Shares will be issued to the public at a price of $25.00 per share and holders will be entitled to receive non-cumulative preferential fixed quarterly dividends for the initial period ending September 30, 2016, as and when declared by the Company's board of directors, payable in the amount of $0.24375 per Preferred Share, to yield 3.90 per cent annually.
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Market
9% Increase in Common Share Dividend in Metals
TORONTO - Russel Metals Inc. announced that it has declared a dividend in the amount of Cdn$0.30 per share on its common shares, an increase of 9% over the prior rate. The dividend is payable on September 15, 2011 to shareholders of record at the close of business on August 29, 2011.
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