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____________________ Thursday April 3, 2014 ___________________

Current Issue: March/April 2014

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Ted Talks

Bill and Melinda Gates: Why giving away our wealth has been the most satisfying thing we've done

In 1993, Bill and Melinda Gates—then engaged—took a walk on a beach in Zanzibar, and made a bold decision on how they would make sure that their wealth from Microsoft went back into society. In a conversation with Chris Anderson, the couple talks about their work at the Bill & Melinda Gates Foundation.

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Global Markets

Latin American Leaders Set Out Strategies for Economic Resilience

Investing in infrastructure and reducing bureaucracy will increase competitiveness; Countries must invest more in education, including technical training

Panama City, – Political, business and academic leaders gathered for the ninth annual World Economic Forum in Latin America set out strategies for the region to move beyond dependence on commodity exports and face the challenges of a rapidly changing global economy. “We have to both generate wealth and the conditions for the population to access that wealth. The pie must be bigger and it must be divided more equally,” Frank De Lima, Minister of Economy and Finance of Panama, said.

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Education

Investment in Human Capital is Key to Sustained Growth in Latin America

Young population provides growth opportunities for economies, Professionals need to be incentivized to stay in the labour market

Panama City – Governments and private businesses need to invest more in human capital to ensure the region’s continued growth. Speaking at the World Economic Forum on Latin America, Laura Chinchilla, President of Costa Rica, explained that investing in Latin America’s relatively young population, through education, was key.

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HR

Job Interview Trips Up More Candidates Than Any Other Step in Hiring Process

TORONTO - Navigating the job application process can be tricky, and no area has more opportunities to go off track than the interview, according to a new Accountemps survey. Thirty-eight per cent of chief financial officers (CFOs) polled said the job interview is where candidates make the most mistakes, up 6 percentage points from a similar Accountemps survey conducted in 2010. Another 17 per cent of executives felt applicants most frequently slip up when writing their resumes.

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Social Entrepreneur

Latin America Social Entrepreneur of the Year Awards Presented at World Economic Forum Meeting in Panama

The Schwab Foundation announced the winners of the 2014 Latin America Social Entrepreneur of the Year awards at the World Economic Forum on Latin America in Panama City, Panama

Panama City – Seven Social Entrepreneurs were named today Latin America Social Entrepreneurs of the Year at the World Economic Forum on Latin America, taking place in Panama City, Panama. The awards were conferred by David Aikman, Managing Director, Head of New Champions, World Economic Forum in the presence of Laura Chinchilla, President of Costa Rica; Ricardo Martinelli, President of Panama; Otto Perez Molina, President of Guatemala and Kamla Persad-Bissessar, Prime Minister of Trinidad and Tobago.

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Announcement

Jennifer Justason, Appointment Announcement – Vice President, Finance, Cowan Insurance Group

CAMBRIDGE - Heather McLachlin, President of Cowan Insurance Group, announced that Jennifer Justason has been promoted to Vice President, Finance of Cowan Insurance Group Ltd., effective March 31, 2014. In this position Ms. Justason is accountable for the Company’s financial leadership, performance measurement and management, business continuity plan, operational effectiveness, and for providing strategic financial advice and analytics to the Leadership Team at Cowan Insurance Group. In addition, Cowan Insurance Group’s IT team will now report to Jennifer.

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Best Practices

New Report on Best Practices for Operating and Maintaining Infrastructure

Report provides an actionable framework, best practices and case studies for increasing the throughput of existing assets, reducing their operating costs and extending their lifetime

Panama City – The World Economic Forum, in collaboration with the Boston Consulting Group, has released a new report on best practices for operating and maintaining infrastructure. Strategic Infrastructure: Steps to Operate and Maintain Infrastructure Efficiently and Effectively looks at how to deal with the gap in infrastructure investment worldwide, which is estimated to stand at $1 trillion per year. Rather than focusing on constructing new assets, the report suggests governments should make the most out of existing infrastructure through more effective operations and maintenance (O&M). Using more than 200 real-life case studies, it provides guidance on how this can be done.

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Consumer Protection

Ontario Dialing Up New Consumer Protections Law Requires Clear Contracts and Caps on Cancellation Fees

Queens Park - Ontario's wireless and cell phone consumers will now get clear information and fewer surprises when they enter into cell phone and wireless services contracts.

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Goal Setting

How to Overcome Excuses - 6 Tips to Gain the Edge & Meet Your Goals

Great people throughout history often fail, quite miserably, before finally reaching their goals. “Van Gogh sold only one painting during his lifetime; Winston Churchill lost every public election until becoming prime minister at age 62; Henry Ford went bankrupt five times; Albert Einstein was a terrible student and was expelled from school; Sigmund Freud was booed from a stage”.

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April 4, 2014

Engineering students compete for $60,000 in design awards

Waterloo - The first annual Norman Esch Entrepreneurship Awards for Capstone Design will award six winning teams from the 2014 Capstone Design Symposia with prizes of $10,000 each.

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Global Opportunities

Latin American Leaders Call for Social Inclusion Through Economic Growth

Latin American leaders call for growth and social inclusion to go hand in hand

Panama City – Presidents and prime ministers opened the ninth World Economic Forum on Latin America in Panama City, with calls to make economic growth and social inclusion mutually reinforcing tendencies.

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Latin America

World Economic Forum Recognizes 16 Companies from Latin America as Global Growth Companies

Sixteen of the region’s fastest-growing companies have been invited to join the Global Growth Companies community

Panama City – The World Economic Forum yesterday announced its selection of Global Growth Companies (GGCs) in Latin America, consisting of 16 of the region’s most dynamic and high-growth companies. These companies are considered trailblazers, shapers and innovators that are committed to improving the state of the world.

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Management

Home Hardware Holds ‘Canada’s Best Managed Companies’ Status for Second Consecutive Year

St. Jacobs – Home Hardware Stores Limited is proud to be named one of Canada's Best Managed Companies for the second year in a row. Having initially received the designation in 2012, the company successfully re-qualified and retained its status for 2013."We are honoured to be redesignated as one of Canada’s Best Managed Companies. This designation reflects the core values upon which Home Hardware was founded - value, service and dependability- values that have enabled our dedicated Dealer-Owners to become an integral part of life in every Canadian province and territory," said Paul Straus, President and CEO, Home Hardware Stores Limited.

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Finances

Why Your Financial Advisor is Probably Not Your Friend

Who to Trust & What to Avoid in Learning About Money Management

The importance of money is impressed upon most Americans as soon as we’re old enough to buy candy. But the importance of money management is an entirely different story, says self-made millionaire Mike Finley.

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Announcement

Consulting Engineers of Ontario names new New Manager, Operations and Administration

TORONTO – Barry Steinberg, Chief Executive Officer of Consulting Engineers of Ontario (CEO) , announced the appointment of Cindy Gonsalves as Manager, Operations and Administration.

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Tech

HYPHEN EXPANDS RAPID PROTOTYPING CAPABILITIES

Offers Larger, More Durable 3D-printed Prototyping and End-use Parts

KITCHENER – Hyphen announced a significant upgrade to its capabilities with the purchase of the Stratasys Fortus 900mc 3D Production System from Cimetrix, one of Canada’s leading additive manufacturing solution providers. Using Fused Deposition Modeling (FDM®), the system builds durable, accurate, repeatable parts as large as 36 x 24 x 36 inches, with a selection of ten material options, including FDM® Nylon 12, to create more finely detailed building fixture, factory tooling, and end-use parts that are closer to a finished product than ever before. The new developments are part of Hyphen’s growth over the past year and a half, which has seen the lab broaden its services, establish new industry connections, and strengthen its leadership role in the additive manufacturing industry.

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Food Suppliers Sought

Wanted: Producers to supply product to the SCOR Food Hub

Tillsonburg – The South Central Ontario Region (SCOR) Food Hub is seeking farmers and food producers who are interested in being part of the SCOR Food Hub project. The demand for Ontario food has never been stronger, with consumers applying pressure on retail, institutional, and foodservice operators to have an increase of local and regional options available. In order to meet this demand at a competitive price, the SCOR Food Hub project is working to establish efficient and cost- effective ways of bringing more of Ontario’s diverse, high-quality products to these markets.

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Resources

Providing First Nations With Mineral Rights May Help Ease Uncertainty Over Canadian Mining Development

CALGARY - Canada could improve its attractiveness for mining investment by allowing private ownership of mineral rights, particularly if mineral rights were given to First Nations, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.

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April 25, 2014

Important Notice Regarding BBB's 38th Annual General Meeting

Kitchener - The 38th Annual General Meeting (AGM) for accredited businesses of the Better Business Bureau Serving Central Ontario is scheduled to be held on Friday April 25, 2014, at 10:00AM. The meeting will take place at our main office location at 354 Charles Street East, in Kitchener, Ontario.

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April 5, 2014

Help is on the way for students on the East Side of Waterloo

Waterloo - Oxford Learning Centre is opening a second franchise in the City of Waterloo. Owner/Director Allison Bourke is hosting a grand opening of Oxford Eastbridge on Saturday April 5, from 11 A.M. to 3 PM.

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