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_________ Tuesday November 4, 2014 _________

Exchange Magazine
November/December 2014
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Ted Talks

Alessandra Orofino: It’s our city. Let’s fix it

Too often, people feel checked out of politics — even at the level of their own city. But urban activist Alessandra Orofino thinks that can change, using a mix of tech and old-fashioned human connection. Sharing examples from her hometown of Rio, she says:

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Cognitive Impairment

Researchers discover why anesthetics cause prolonged memory loss

Toronto – Researchers at the University of Toronto’s Faculty of Medicine have shown why anesthetics can cause long-term memory loss, a discovery that can have serious implications for post-operative patients.

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R&D Spending

Top Corporate R&D Spending Advances 4.1%

R&D spending increased at 57 companies, fell at 41, and was flat at 2 others; Bombardier is Canada’s Largest Spender at $2.2 Billion; BlackBerry Limited held on to 2nd place even though its R&D spending dropped by -12.2% to $1.3 billion

Toronto – Canada’s leading firms raised their combined research spending to $12.5 billion in Fiscal 2013, an increase of 4.1% over the previous year, according to the annual Canada’s Top 100 Corporate R&D Spenders list released by Research Infosource Inc., Canada’s Source of R&D Intelligence. In total, R&D spending increased at 57 companies, fell at 41, and was flat at 2 others.

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Energy Sale

Sale of Brant County Power to Cambridge and North Dumfries Hydro Approved

OEB Approval: Decision and Order issued.

Brant - The sale of Brant County Power Inc. (BCP) to Cambridge and North Dumfries Hydro Inc. (CND) was approved on October 30th, when the Ontario Energy Board (OEB) issued its Decision and Order, endorsing the purchase to proceed. The transaction is expected to close on November 28, 2014. “We are pleased that, after a public and detailed review process, the OEB issued a favorable decision in support of the joining together of the two utilities,” said Ian Miles (photo), President & CEO of Cambridge and North Dumfries Hydro Inc.

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Trade

Strong performance in Canada's trade sector leads to growth for Canada's economy

Stronger demand for Canadian exports should boost business confidence and encourage investment and hiring in 2015

OTTAWA - Following a weak start to 2014, Canada's economic growth is picking up speed thanks to solid trade sector activity. Canada's real GDP growth is expected to accelerate to 2.6 per cent in 2015, up from this year's more modest increase of 2.2 per cent, according to The Conference Board of Canada's Canadian Outlook: Autumn 2014.

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Innovative Projects

Two projects in Waterloo Region win big at national awards

The Brownie Awards recognize leadership, innovation and environmental sustainability in brownfields redevelopment across Canada.

Waterloo Region – The Canadian Urban Institute (CUI) announced the winners of its 2014 Brownie Awards last week, and two Kitchener projects took home top honours. The CUI Brownie Award for Best Overall Project went to The Breithaupt Block by the Perimeter Development Corporation. Located near the Region’s King/Victoria Transit Hub in the City of Kitchener’s Innovation District, the site once housed a rubber manufacturing plant.

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Getting Around GTA

Union Station Signalling System will Help Improved Service for Transit Riders

Preparing for the anticipated doubling of ridership over the next 10-20 years

Queens Park - Ontario is making it easier for commuters to take public transit and is relieving congestion in the Greater Toronto Area and Hamilton Area (GTHA) with improvements to the entire signalling system within the Union Station Rail Corridor.

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Appointment

Collins Barrow Toronto announces new partner appointment

TORONTO - Collins Barrow Toronto LLP's Audit and Assurance group has a new partner: Mark Jakovcic, CPA, CA. Previously a senior manager, Mark will continue to oversee the planning and execution of audit engagements for public and private companies, including international engagements and public offering-related matters.

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Intent

Conference looks at corruption and what to do about it

TORONTO – York University’s Osgoode Hall Law School will host a major conference on November 6 and 7, 2014 that will look at corruption in business, finance, government and enforcement.

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Education

Waterloo North Hydro Support S.T.E.M Programing

Donation secures littleBits for THEMUSEUM’s Kids Inspiring Change program

Kitchener – Waterloo North Hydro is the most recent company to step up and enable THEMUSEUM to teach Science, Technology, Engineering and Math – often referred to as S.T.E.M. - principals to children of all ages through their donation of $3,500 to purchase littleBits.

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Manufacturing

Canadian manufacturing hits 11-month high in October

Latest reading pointed to the strongest improvement in overall business conditions since November 2013

TORONTO - Business conditions across the Canadian manufacturing sector showed a robust rebound in October, led by the fastest upturn in new order volumes since November 2013. As a result, production levels increased at an accelerated pace and manufacturing firms continued to boost their payroll numbers, according to the RBC Canadian Manufacturing Purchasing Managers' Index™ (RBC PMI™).

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Media

NetFlix competitor, shomi now available to Internet and cable customers

Nearly 500,000 Rogers Hi-Speed Internet customers to automatically get shomi as part of their existing plan until March 31, 2015

TORONTO - Rogers announced that a new subscription video-on-demand service, shomi™, will be available in a beta trial to all Rogers Internet or cable customers starting today. Eligible Rogers customers can sign up and begin a 30-day free trial, after which customers can enjoy shomi for only $8.99 per month.

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Recognition

Phillip Bernard Turcotte to Receive the Dr. John Davis Burton Award

Ottawa - Human Rights advocate, Phillip Bernard Turcotte, has won the prestigious Dr. John Davis Burton Award. Turcotte is being recognized for his outstanding contribution to awareness, equality and integration of people with disabilities in the educational community. Turcotte will speak about his experiences at the award ceremony on Nov. 6, 2014 at Carlton University.

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Habits Study

Exercise, healthy eating ... video games help boys stay healthy and happy

Research reveals playing video games before meals contributes to lower calorie intake

Toronto - A new study led by Ryerson nutrition professor Nick Bellissimo suggests that when boys, who have a healthy body weight, play a quick video game before a meal, tend to eat less and are happier.

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Print Magazine

GTAA And St. Joseph Communications To Publish A New Magazine for Airport Passengers

Associated tablet edition will also be available in English and French

TORONTO - The Greater Toronto Airport Authority (GTAA) and St. Joseph Communications, Media Group (SJM) announced the launch of a new quarterly magazine for outbound passengers at Toronto Pearson International Airport.

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Global Health Crises

Canada announces Ebola-related investment

There has never been a case of Ebola in Canada

WINNIPEG - Rona Ambrose, Minister of Health, and Dr. Gregory Taylor, Chief Public Health Officer of Canada, announced a $30.5 million investment and further actions to strengthen Canada's domestic preparedness and international response to the Ebola outbreak in West Africa.

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Aquisition

The Co-operators Acquires Drost Insurance Brokerage

GUELPH - Co-operators General Insurance Company announced that its wholly-owned subsidiary has purchased all of the issued and outstanding shares of a company that operates Drost Insurance Brokerage in Bath, New Brunswick (the "Brokerage"). The Brokerage's portfolio includes approximately $2 million in premiums from home, auto, farm and commercial insurance policies.

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Changing Views

Canadian Medical Cannabis Industry partners with Leading Physician Consortium

Five-city cross-Canada program to provide cannabinoid education for health care professionals

OTTAWA - The Board of Directors of the Canadian Medical Cannabis Industry Association (CMCIA) today announced a partnership with the Canadian Consortium for the Investigation of Cannabinoids (CCIC) to support, through an unrestricted grant, a 5-City Continuing Medical Education (CME) program to be held in February-March 2015.


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Recognition

Economical honoured with 2014 sustainability award from AkzoNobel

Recognizing Economical’s ongoing efforts in advancing sustainability of the collision repair industry

WATERLOO — Yesterday, Economical Insurance received the prestigious FIT Sustainability Award for2014 from AkzoNobel Vehicle Refinishes North America. As a recipient, Economical will participate at AkzoNobel’s fourth Sustainability Leadership Symposium. The symposium is being held November 3, 2014 in Las Vegas during 2014 SEMA Show as part of the conference’s education programs.

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Health Care

Court Upholds Ruling to Reinstate Refugee Health Care

Since the cuts many refugees and refugee claimants have experienced denial of service and delays in care

Toronto – Health for All welcomes the Federal Court of Appeal’s decision to uphold a ruling from earlier this summer demanding that the Conservative government reverse its “cruel and unusual” cuts to refugee health care. On October 31st, Judge Wyman Webb rejected the government’s request to delay reinstating the Interim Federal Health Program, leaving Ottawa until November 4th to restore access to the benefits.


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Car Sales

Toyota Canada Sales for October up 2.2% with Best October Ever for Lexus Canada

Best Ever Lexus RX Sales; Sixth consecutive monthly record for truck sales; Fourth straight monthly record for Toyota RAV4

TORONTO - For the sixth consecutive time, Toyota Canada Inc. (TCI) has set a monthly record for truck sales. In October, there were 9,472 Toyota and Lexus trucks sold, surpassing the previous record set last year.

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Car Sales

Mercedes-Benz Canada reports its best October ever

TORONTO - Mercedes-Benz Canada and its national dealer network reported that the company retailed 3,747 Mercedes-Benz, Sprinter and smart units throughout October, an increase of 11% when compared to last year. This outstanding performance represented the best October ever for the group bringing overall year-to-date growth to 8% or 2,467 units, with a grand total of 33,220 vehicles delivered so far in 2014.

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