Accommodations
Convention Meeting Space
Dining
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Shopping
Special Events
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Tuesday October 29, 2013

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Ted Talks

Mariana Mazzucato: Government -- investor, risk-taker, innovator

Why doesn’t the government just get out of the way and let the private sector -- the “real revolutionaries” -- innovate? It’s rhetoric you hear everywhere, and Mariana Mazzucato wants to dispel it. In an energetic talk, she shows how the state -- which many see as a slow, hunkering behemoth -- is really one of our most exciting risk-takers and market-shapers.

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Grant

Laurier announces $250,000 gift from the McGrath family

WATERLOO – Wilfrid Laurier University is pleased to announce a $250,000 gift from Gerard (Gerry) and Nancy McGrath in support of Laurier’s Centre for Excellence in Business Education and the construction of the new home of Laurier’s School of Business & Economics and Department of Mathematics. This brings the McGrath family’s total commitment to Laurier to well over $500,000. The Centre for Excellence in Business Education will be renamed the McGrath Centre for Excellence in Business Education.

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Food

Ontario Food and Beverage Processing Industry Driving Provincial Economy

Alliance of Ontario Food Processors report makes the case for Ontario's new job and prosperity engine

TORONTO - Yesterday, Norm Beal, Chair, Alliance of Ontario Food Processors releases five-year action plan for the Ontario food and beverage processing industry. "For too long, the food and beverage processing industry has been Ontario's best kept secret," said Norm Beal, Alliance Chair and President & CEO of Peninsula Ridge Estates Winery.

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Office Market

Greater Toronto Area office market pauses in wake of new development cycle and burgeoning sublet space

Avison Young releases its Third Quarter 2013 Greater Toronto Area Office Market Report

Toronto — The Greater Toronto Area (GTA) office market continues to deliver disappointing results. However, despite falling occupancy levels and rising availability and vacancy rates to date, the rental market, though fragmented, remains intact. A burgeoning sublet market is also raising concerns, having jumped 30% in the past year to 3.7 million square feet (msf) at the conclusion of the third quarter of 2013.

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Retail

Sears Canada Announces Transactions on Five Stores for $400 million

Toronto Eaton Centre, Sherway Gardens, Markville, London-Masonville, Richmond B.C.

TORONTO - Sears Canada Inc. announced today that it will terminate its leases in respect of five stores for a total consideration of $400 million. The agreement is definitive and only subject to customary closing conditions. The transaction is expected to close on or around November 12, 2013.

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Recognition

Most Outstanding Brokers at Provincial Brokers Association 93rd Annual Convention

Association acknowledges Broker network for community and professional contributions

Toronto - The Insurance Brokers Association of Ontario (IBAO) recently hosted its 93rd Annual Convention in Toronto, which included its prestigious Awards of Excellence Gala recognizing prominent insurance brokers and brokerages throughout Ontario.

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Sustainability

Youth Employment Report Author Sean Geobey Joins Social Enterprise as Director of Social Finance

Geobey will work along side the CANGO team to develop Canada’s emerging social finance sector.

Waterloo Region – Sean Geobey, author of the recent report on youth employment for the Canadian Centre for Policy Alternatives, will be joining CANGO as the firm’s Director of Social Finance. Geobey will work alongside the CANGO team to develop Canada’s emerging social finance sector; investments and initiatives that promote social and environmental sustainability while generating financial returns.

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Personal Finance

Canadians paying off their debt the good old-fashioned way - spending less

Financial Fitness regime is the key to healthy spending

TORONTO - Debt levels are on the rise across Canada, the number of Canadians who report being debt-free has decreased. Fewer than one-quarter (24 per cent) of Canadians are now debt free, down from 26 per cent in 2012, according to the 3rd annual RBC Debt Poll. Canadians are focusing on financial fitness with a year-round emphasis on spending less and saving more.

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Boat House Update

Victoria Park Boathouse Bidding Line Up

Kitchener - The Boathouse in Victoria Park is closed until further notice.The city believes in the food, beverage and entertainment concept for this venue. A request for proposal has been issued to seek an operator who can achieve that vision.

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Helping Out

ST. JACOBS FARMERS’ MARKET VENDOR RELIEF FUND ACCEPTING DONATIONS

Donate through The Kitchener and Waterloo Community Foundation to help Vendors

Waterloo Region – On September 10, just a week after the devastating fire at the St. Jacobs Farmers’ Market, individual community members and businesses alike began looking for ways to help the vendors impacted. The result was the creation of The St. Jacobs Farmer’s Market Vendor Relief Fund, set up to funnel monetary support from the community to the owners of businesses located in the St Jacobs Farmers’ Market who have lost employment, assets and business revenue.

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Pillar Award

Neighbours celebrate at Kitchener’s Festival of Neighbourhoods finale

KITCHENER – Kitchener Festival of Neighbourhoods held its 2013 season finale on the weekend to celebrate its 20th anniversary, and give away awards, including the draw for the city’s $10,000 capital improvement grant.

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Markets

Business Confidence in the Canadian Economy Climbs to Three-Year High

Business Index Finds Business Confidence at a Three-Year High; Canadian Businesses Among the World's Biggest Risk-Takers

RICHMOND, BC - Global business confidence is returning, encouraging a fresh attitude to risk-taking according to research published from more than 11,000 small and medium-sized businesses in 17 countries across the world. Businesses are now more confident than they have been for three years. All scores recorded this year were at their highest since the Business Index began in February 2011, suggesting that business confidence is recovering rapidly following the worst of the global economic crisis.

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Discovery

New imaging research shows increased iron in the brain in earliest stages of MS

London - While it’s been known for over a century that iron deposits in the brain play a role in the pathology of Multiple Sclerosis (MS), new imaging research from Western University helps to answer the question of whether these accumulations are a cause or consequence of the disease. The study led by Ravi Menon, PhD, of the Robarts Research Institute found iron deposits in deep gray matter, suggesting the accumulation occurs very early in the disease course. The researchers also found evidence casting further doubt on the controversial liberation therapy for MS. The research is in early publication online in Multiple Sclerosis and Related Disorders.

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Transit

Public Transit Revenue Tools Could Disrupt Industrial Development
Proposed 15% hike in development charges would impact GTA industrial market

TORONTO – At 745.0 million SF, the Greater Toronto Area (GTA) is the third largest industrial market in North America and is a major contributor to regional employment and national Gross Domestic Product. New revenue tools have been proposed to fund the expansion of public transportation in the region, but they could negatively impact the future growth of this important sector. One proposed method of revenue generation in particular, a 15.0% increase in development charges, would come at a time when municipalities had already been raising development charges and making industrial construction more costly. A special report by CBRE Limited examines the current development charge regime and the impact that new revenue tools could have on future industrial development in the GTA.

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Era

Your Will: The Overlooked Bucket-list Item

Financial Expert Explains the Vital Importance of this Document

Of the trendy terms to come around in the past decade, “bucket list” remains among the most useful, says retirement planning expert Jeff Gorton. “As a neologism, I hope it endures because it reminds us of how precious our time is – and that it’s important to plan wisely,” says Gorton, a veteran Certified Public Accountant and Certified Financial Planner, and head of Gorton Financial Group.

Special Events

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NOvember 16 & 17

Immersive learning in user experience offered at new design camp

STRATFORD - Registration is open for the inaugural uXperience Design Camp 2013 at the University of Waterloo Stratford Campus. uXperience Design Camp is aimed at students, software developers, designers, engineers, computer scientists, user experience (UX) professionals, educators, and industry leaders. It will give participants an immersive, hands-on learning experience in user experience design.

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November 7 & 8

Kitchener-Waterloo Symphony Celebrates 5-years of Intersections with Some of the Series’ Best Collaborations

Kitchener - The Kitchener-Waterloo Symphony opens the 2013/14 Intersections Series with Intersections Encore on November 7 & 8 at 7:30 pm at the Conrad Centre for the performing arts. This exciting program will feature some of the most memorable collaborations from the series over the last five seasons, including works from Dan Deacon and Nicole Lizée. An additional performance will take place at Toronto’s Koerner Hall on November 9.

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