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Friday November 23, 2012

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Ted Talks

Louie Schwartzberg: Nature. Beauty. Gratitude.

Nature’s beauty can be easily missed -- but not through Louie Schwartzberg’s lens. His stunning time-lapse photography, accompanied by powerful words from Benedictine monk Brother David Steindl-Rast, serves as a meditation on being grateful for every day. (Filmed at TEDxSF.)

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Consumer Confidence

Canadian Consumer Confidence Rising - Holiday Spending Intentions Up Sharply

TORONTO - Canadian Consumer Confidence bounced back to its highest point since July 2011, and this, despite the Government's gloomy economic outlook which was announced during the same period as when the poll was taken.

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Price of Goods

Consumer Price Index rises in October 2012

Statscan - Consumer prices rose 1.2% in the 12 months to October, matching the increases in August and September. Energy prices rose at a slower year-over-year rate in October compared with September, while air transportation, food purchased from stores and property taxes posted larger price gains.

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Global Finances

Tax Reforms Continue Worldwide Despite Economic Turmoil, Electronic Filing Increasing Especially

London, United Kingdom — A new report from the World Bank, IFC, and PwC finds that governments continue to reform their tax systems despite global economic uncertainty, with 31 economies having taken steps from June last year through May 2012 to make it easier and cost less for small and medium businesses to pay taxes.

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Appointed Chair

READ Initiative Names Chair of Carleton Access Network

Ottawa - Carleton University’s Research, Education, Accessibility and Design Initiative is announced that David Berman will be serving a two-year appointment as chair of the Carleton Access Network, a new working committee on accessible information technology.

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Retail Sales

Retail trade edges up so slightly in September 2012

Retail sales edged up 0.1% to $39.1 billion in September, following increases in the previous two months. Retail sales in volume terms were flat. In current dollars, gains were reported in 7 of 11 subsectors, representing almost 70% of total retail trade.

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Engineering Fun

Students engineer a good cup of coffee

For most of us, pouring a cup of coffee is a routine task. But for a group of second-year students at Conestoga’s Engineering and Information Technology campus, getting their morning coffee is anything but routine.

Kitchener - Students in the Mechanical Engineering Technology Robotics & Automation program recently unveiled their coffee-pouring ‘Rube Goldberg’ machines. Based on machines popularized in the 1940s and 50s by Rueben Lucius ‘Rube’ Goldberg, a Rube Goldberg machine is a highly complex device created to perform a simple task. In this case, a simple roll of a marble set off a complex chain reaction that ended with coffee being poured into a cup.

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Xquaterly

RDM Corporation Reports Fourth Quarter and Year End Financial Results

Strong performance in Payment Processing Drives Increased Profitability

WATERLOO - RDM Corporation reported its financial results for the year and three-month period ended September 30, 2012. All figures are reported in U.S. dollars unless otherwise stated.

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EI

Employment Insurance claims rise 4.7% in Ontario.

Statscan - Following an increase in August, the number of people receiving regular Employment Insurance (EI) benefits in September declined slightly, by 5,700 (-1.1%), to 525,900. The number of beneficiaries edged down in Quebec, British Columbia and New Brunswick, while it rose slightly in Manitoba.

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Neuro Innovation

Virtual reality could spot real-world impairments

TORONTO – A virtual reality test being developed at UTSC might do a better job than pencil-and-paper tests of predicting whether a cognitive impairment will have real-world consequences.


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Jubilee Medal

Communitech HYPERDRIVE Program Director Doug Cooper Receives Queen Elizabeth II Diamond Jubilee Medal

Waterloo Region – Communitech announced yesterday that Doug Cooper, newly named Managing Director of Communitech’s $30+ million HYPERDRIVE program and formerly an Executive-In-Residence (EIR) with Communitech’s Venture Services program, will receive a Queen Elizabeth II Diamond Jubilee Medal at a ceremony in Ottawa last night. The Jubilee medal is in recognition of Cooper’s contribution to the business community as past Chair and member of the Executive Committee of the Information Technology Association of Canada (ITAC).

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Environment

Study: Drought Pushing World's Trees to Their Limits

Guelph - Most of the world’s trees – including rainforest species – live close to their “safety threshold” for coping with water stress, leaving them vulnerable to effects of droughts caused by climate change.

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Canadian Threats

Canadian Association of University Teachers launches Canada's Past Matters campaign

OTTAWA - The Canadian Association of University Teachers (CAUT) has unveiled a national campaign exposing the threats to Canada's cultural institutions and historic sites and proposing what must be done to reverse the damage.

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Socializing

Obesity in older adults tied to social circles: study

Kingston - Older people are influenced more by the people around them – friends, family members, co-workers and classmates – than younger people when it comes to obesity levels, according to a study by Queen’s University researchers.

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Election of Directors

Institute of Corporate Directors (ICD) elects six new members to its Board of Directors

TORONTO - The Institute of Corporate Directors (ICD) announced six new members to its Board of Directors: Gerald Grandey, John Irving, Frances Lankin, Stan Magidson, Sarah Raiss, and Jo Mark Zurel.

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Xquarterly

Economical Insurance reports financial results for Third Quarter 2012

Grew gross written premiums by 7.4%

WATERLOO – Economical Insurance announced consolidated financial results for the three months and nine months ended September 30, 2012. Economical reported consolidated net income of $29.0 million for the third quarter of 2012 compared to $1.4 million a year ago. Year to date net income for 2012 increased $56.0 million to $109.5 million. For the third quarter, Economical posted a combined ratio of 98.9%, an improvement of 3.1 percentage points from the same quarter a year ago. Year to date combined ratio for 2012 is 96.4% compared to 99.8% in 2011.

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Anti Fraud

Ontario Brokers Association Urge Immediate Adoption of Auto Insurance Anti-Fraud Task Force Report

Toronto - The Insurance Brokers Association of Ontario (IBAO) is urging the Ontario government to accept and implement the report introduced today by the Auto Insurance Anti-Fraud Task Force.

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Digital World

Canada Reaches Two Million .CA Internet Addresses

OTTAWA - The Canadian Internet Registration Authority (CIRA) announced today it has reached the two million mark for registered .CA Internet domain names. This milestone demonstrates Canadians' rapidly increasing adoption of .CA domain names for personal and business use: it took 21 years for one million .CA domain names to be registered and just four years to reach the next million.

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Exporting

Poll Shows Strong U.S. Support for Canadian Oil Supplier Relationship

CALGARY - Most Americans see Canada as a secure, reliable and environmentally responsible oil supplier that creates jobs and other economic benefits in the United States as part of the world's largest energy trading relationship.

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Job Jobs Jobs

OpenText Holding Recruiting Open House at Waterloo Headquarters November 28

The event will be held at OpenText’s 275 Frank Tompa Blvd. location on November 28th from 6 p.m. to 8 p.m.

Waterloo – OpenText announced that the company plans to hold a Recruiting Open House at its global headquarters in Waterloo, Ontario next week, as part of an initiative to meet growing demand for its Enterprise Information Management (EIM) solutions. Interested applicants can register for the Open House and view available roles atRecruiting Open House.

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Boat Show 2013

Canada’s Largest Boat Show Offers Great Family Value!

Toronto — The 55th Annual Toronto International Boat Show, Canada’s largest, marine marketplace, drops anchor January 12-20, 2013, at the Direct Energy Centre, Exhibition Place. A mid-winter rendezvous tradition for the boating community,

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Auto Sector

PROFITS FORECAST TO REACH 10-YEAR HIGH IN CANADA’S MOTOR VEHICLE MANUFACTURING INDUSTRY

Ottawa –The Canadian motor vehicle manufacturing industry is expected to post its third consecutive annual year of profitability in 2012. At $1.35 billion in pre-tax profits, the industry will enjoy its best bottom-line result since 2002, according to The Conference Board of Canada’s Industrial Outlook-Autumn 2012 outlook for Canadian automakers.

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Appointment

Guelph Hydro Appoints New Chief Financial Officer

Guelph - Guelph Hydro Inc. has appointed Pankaj Sardana to the role of Chief Financial Officer for Guelph Hydro Inc. and its two subsidiary companies, Guelph Hydro Electric Systems Inc. and Envida Community Energy Inc., effective November 12, 2012.

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Community Health

Grand River Hospital declares influenza A outbreak on portion of Union Terrace Two at Freeport Site

Kitchener - Grand River Hospital will be limiting visitors on UT2 (north court only) at its Freeport Site upon declaring an influenza A outbreak earlier today. The two affected patients are stable, isolated from other patients and receiving treatment.

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