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Tuesday November 5, 2013

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Ted Talks

Rodrigo Canales: The deadly genius of drug cartels

Up to 100,000 people died in drug-related violence in Mexico in the last 6 years. We might think this has nothing to do with us, but in fact we are all complicit, says Yale professor Rodrigo Canales in this unflinching talk that turns conventional wisdom about drug cartels on its head.

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R&D

Corporate R&D Spending Jumps 12.6% in the Face of Falling Revenues

Bombardier Inc. Tops Spending Table at $1.9 Billion, Blackberry a close second.

Toronto - Total research spending at Canada’s 100 leading companies leapt by 12.6% in Fiscal 2012 countering a combined revenue decline of –3.0%, according to this year’s annual Canada’s Top 100 Corporate R&D Spenders, released today by Research Infosource Inc..

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Brand vs Generic

New Report Highlights 10 Years of Broken R&D Promises to Canadians by Brand-Name Drug Companies

Longer drug monopolies in Canada do not result in increased domestic R&D spending

TORONTO - New data on pharmaceutical research and development spending in Canada provides further proof that no link exists between longer market monopolies for brand-name drug companies and increased domestic investments, Jim Keon, President of the Canadian Generic Pharmaceutical Association (CGPA) said yesterday.

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Community

Snow buddies needed for local seniors

WATERLOO REGION – Most people don’t want to think about the snowy winter that will soon be on its way, but community support agencies are working hard to find snow buddies for local seniors.

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Essentials

Proven Must-haves for the whole family

The sheer variety of natural health products available to Canadians can be overwhelming. Which products are right for women my age? Which are best for active men? And how do I make sure my picky eaters get all the nutrients they need? We get it. That’s why the Canadian Health Food Association has identified the must-have NHPs for busy families that are safe and beneficial for everyone in your family; Omega-3s, Probiotics, Vitamin D and a Multivitamin. Full guide.

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Grant

SJU Professor John Rempel receives grant for Saving Brains Program

WATERLOO – St. Jerome’s University is excited to partner on a project with Hanoi’s School of Public Health in Vietnam, involving Psychology professor, Dr. John Rempel. On October 23, 2013, a $270,000 Grand Challenges Canada Saving Brains Program grant was awarded to support the project led by Dr. Tran Bich from Hanoi’s School of Public Health and Dr. Lynn Rempel from Brock University. Professors John Rempel and Lynn Rempel will work alongside Professor Tran Bich and Dr. Dinh Hoa from Hanoi’s School of Public Health in Vietnam to conduct research on mobilizing fathers to be directly involved in the care and nurture of their infants alongside the mother as part of a parenting team and to indirectly enhance infants’ nutritional status by supporting the mother’s exclusive long-term breastfeeding.

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Growrth

OpenText Enters Into Agreement to Acquire GXS

Transaction Expected to Expand Information Exchange and Cloud Service Offerings

WATERLOO - Open Text Corporation announced today that it has entered into an agreement and plan of merger (Merger Agreement) to acquire GXS Group, Inc. (GXS), a leader in business-to-business (B2B) cloud integration, pursuant to which GXS will become a wholly-owned subsidiary of OpenText.

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Innovation

Government of Canada Partners with Industry to Develop Innovative Materials for Cars and Houses

NRC and industry to turn biomass into plastics and composites

OTTAWA - Greg Rickford, Minister of State, along with the National Research Council of Canada (NRC), announced the launch of the Industrial Biomaterials program, a new initiative that will help create more fuel-efficient vehicles and greener construction materials.

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xQuarterly

WestJet reports third quarter net earnings of $65 million

Airline achieves 34th consecutive profitable quarter and flies over 300,000 additional guests year over year

CALGARY - WestJet today announced its third quarter 2013 results, with net earnings of $65.1 million, or $0.50 per diluted share. This compares with the net earnings of $70.6 million, or $0.52 per diluted share reported in the third quarter of 2012. Based on the trailing twelve months, the airline achieved a return on invested capital of 13.8 per cent, compared with the 14.4 per cent reported in the previous quarter, and one of the best third quarters in WestJet history.

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Restructuring

Economical Insurance continues with streamlining operations; closes Moncton, New Brunswick branch

Ongoing commitment to business transformation and productivity enhancements

WATERLOO - Economical Insurance yesterday announced that it is making changes to its physical presence in the Atlantic region by closing its Moncton, New Brunswick branch. As part of Economical's business transformation, the company is streamlining operations and processes across the company to improve productivity and efficiency.

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Trade

Canada is on the Radar of Chinese Investors, but Not Seen as Destination of Choice

VANCOUVER - Canada ranks ninth as a destination for investment by Chinese companies, according to a survey released today by the Asia Pacific Foundation of Canada (APF Canada, www.asiapacific.ca), the China Council for the Promotion of International Trade (CCPIT) and the Jack Austin Centre for Asia Pacific Business Studies at Simon Fraser University (SFU). Six percent of Chinese firms picked Canada for their future foreign direct investment, while 35 percent chose the United States and 16 percent chose Germany.


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Global Debt

Unsustainable Debt and the Political Economy of Lending: Constraining the IMF's Role in Sovereign Debt Crises

CIGI Paper No. 19 - by Susan Schadler

Waterloo - The timely resolution of severe debt crises has long been one of the most difficult challenges for global financial cooperation. Focussing on the case of Greece, this paper examines how the euro crisis precipitated large International Monetary Fund (IMF) loans that violated the framework developed on the basis of the preceding decade to prevent a costly delay in restructuring.

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Strategy

December is Write a Business Plan Month: How to Include Your Marketing Strategy
By Marsha Friedman

December is National Write a Business Plan Month - so designated to encourage unhappy employees to become their own satisfied bosses. Whether your goal is to own your own business, become a consultant, a speaker or an author, you'll need to start with a business plan.

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Appointments

Scotiabank Announces Appointments to Senior Executive Team

TORONTO - Scotiabank today announced new appointments to its executive management team. Barbara Mason has been appointed to a new role as Chief Human Resources Officer reporting to the President and CEO. James O'Sullivan is appointed to the role of Executive Vice President, Global Asset Management, reporting to Global Wealth & Insurance Group Head, Chris Hodgson.

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