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_________ Wednesday November 5, 2014 _________

Exchange Magazine
November/December 2014
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Ted Talks

Ameenah Gurib-Fakim: Humble plants that hide surprising secrets

In this intriguing talk, biologist Ameenah Gurib-Fakim introduces us to rare plant species from isolated islands and regions of Africa. Meet the shape-shifting benjoin; the baume de l'ile plate, which might offer a new treatment for asthma; and the iconic baobab tree, which could hold the key to the future of food.

Random Acts - Video request

RAK Nomination Challenge Spreads Kindness Throughout the Community

New social initiative is a part of the Random Act of Kindness Day® movement that sweeps the community each November.

KITCHENER-WATERLOO - Random Act of Kindness Day is November 7th and The Kitchener and Waterloo Community Foundation (The KWCF) in partnership with local community leaders, are inviting you to share images or videos via social media of random acts of kindness (RAKs) being performed throughout the community. This new social initiative is a part of the Random Act of Kindness Day® movement that sweeps the community each November.

Retail Credit Card Fees (Info Graphic)

The Voice of Retail Stops Unchecked Credit Card Fees

Retail Council of Canada's 7-Year Battle Achieves Important Results for Thousands of Merchants Across Canada

TORONTO - Retail Council of Canada (RCC) and its thousands of merchant members are delighted to learn their campaign to drive down the cost of credit card fees has generated important results. The Government yesterday announced voluntary agreements with the network providers VISA and MasterCard to reduce their respective credit card fees for consumer cards to an average effective rate of 1.50% for a period of five years.

Roles and Accountability

Steps to Transparency

Ontario Makes Mandate Letters for Parliamentary Assistants Public

For the first time, Ontario has publicly released cabinet ministers’ mandate letters to their Parliamentary Assistants, which outline their role and responsibilities in helping to deliver on the government’s plan. “Parliamentary Assistants work closely with ministers to support the implementation of key programs and initiatives. We are making their mandate letters public so the people of Ontario can see clearly how we are delivering on our plan to grow the economy and create jobs," said Kathleen Wynne, Premier.

Award Recognizes

St. Mary’s Respirologist Recognized for Medical Excellence

Kitchener – Dr. Mary Jackson, a respirologist at St. Mary’s General Hospital who is known for her commitment to compassionate patient care, has been chosen by the hospital to receive the 2014 Lackner Award for Medical Excellence. Dr. Jackson was nominated by staff in the Emergency Department and on the Chest Unit who say she treats all patients and staff with respect and is gentle but forthright when delivering a diagnosis. She has practised at St. Mary’s since 1987 and was a key player in the voluntary transfer of the Adult Cystic Fibrosis Clinic from Grand River Hospital to St. Mary’s in 2011. She continues as director of the clinic and is a strong advocate for her patients, including the vulnerable Cystic Fibrosis group.

Family Business

Insight Report: Running a Family Business

Netherlands - Insights into family businesses and the role of wealth managers in key developed and emerging economies came out of a report that analyzed key market trends, industry concentration, family business owners’ wealth, succession planning, and the role of wealth managers in family businesses across the globe.


Responding to consumers critical for growth of cattle industry

Traceability vital to the industry's long-term sustainability - By Ted Power, President ViewTrak Technologies

EDMONTON - Livestock producers all over the world understand the positive impact tracking and sharing animal data can have on the marketplace. They know that, due to recent "food scares," consumers want to know the food they are going to feed their families is safe. They want to know where it comes from, how it was raised, and what chemicals or drugs were used to create it.


Canadian international merchandise trade for September 2014

Canada's trade goes to a surplus of $710 million in September

Canada's merchandise imports declined 1.5% in September, while exports rose 1.1%. As a result, Canada's trade balance with the world went from a deficit of $463 million in August to a surplus of $710 million in September.

New Contract

COM DEV Wins Commercial Contract for Broadcast Satellite Covering Eastern Europe and Asia

CAMBRIDGE - COM DEV International Ltd., announced that it has been awarded a fully-funded contract valued at approximately $7.5 million to deliver passive microwave Ku-band equipment, including multiplexers, to be used on a high throughput communications satellite. The satellite is intended to provide broadcast and telecom services throughout Eastern Europe and Asia.


University of Waterloo president on official visit to South Korea

Waterloo - The president of the University of Waterloo in Canada is on a week-long trip to the Republic of South Korea to explore opportunities for further collaboration with several institutions and government agencies in the country. Professor Feridun Hamdullahpur, president and vice-chancellor of the University of Waterloo, is visiting South Korea during the first part of his trip to Asia, which also includes events in Hong Kong and Singapore.

Fuel Tax

London businesses raise concern that Ontario aviation fuel tax hike will limit economic opportunities in the region

LONDON - Yesterday, at a roundtable jointly hosted by the National Airlines Council of Canada, the London Chamber of Commerce and the London International Airport, business leaders and travel and tourism industry stakeholders met to discuss the importance of air transportation to the economy of the London region. Participants also expressed concerns that Ontario's 148 per cent increase in the province's aviation fuel tax will limit London region's ability to grow business, travel and tourism.


Education minister to speak to Laurier students Nov. 7

WATERLOO – Ontario Education Minister Liz Sandals will visit Wilfrid Laurier University on Friday, Nov. 7 to meet with teacher education candidates and share her thoughts about the future direction of education in an address titled, Teaching in the 21st Century.

Education & Literacy

Study: University graduates with lower levels of literacy and numeracy skills, 2012

Ottawa - In 2012, more than a quarter of university graduates in Canada aged 25 to 65 had a literacy score at the second level or below (out of five levels) in a survey on adult competencies led by the Organisation for Economic Co-operation and Development (OECD).


Transforming uncomfortable moments in the classroom

Waterloo - Laurier will host a free “forum theatre” workshop entitled TAs 4 Safety: Transforming Uncomfortable Moments in the Classroom. The workshop, which takes place Friday, Nov. 14 from 10 a.m. to 12:30 p.m. in BA308 on the Waterloo campus, will illustrate some of the complex teaching situations that arise in today’s university classrooms and offer suggestions and resources to help teaching assistants support students.


Magna announces third quarter and year to date results

AURORA - Magna International Inc. reported financial results for the third quarter ended September 30, 2014. In the three months ending September 30, 2014 Magna posted sales of $8.82 billion for the third quarter ended September 30, 2014, an increase of 6% from the third quarter of 2013. Magna achieved this sales increase in a period when vehicle production increased 8% in North America and 4% in Europe, both relative to the third quarter of 2013. In the third quarter of 2014, our North American and Asian production sales, complete vehicle assembly sales and tooling, engineering and other sales increased, while our European and Rest of World production sales decreased, in each case relative to the comparable quarter in 2013.


OpenText Named One of Canada's Top 100 Employers for the Fourth Consecutive Year

WATERLOO -- OpenText announced it has been named as one of Canada's top 100 Employers for the fourth consecutive year. The award recognizes companies for implementing innovative and cost-effective initiatives that every employer in the country can adopt. With more than 35,000 companies invited to participate, OpenText was selected after an extensive application process that included a detailed review of its operations and HR practices compared to others in their industry and region.

Bloomberg TV - Oil Prices - Video

Oil Prices: Where Are They Headed Next?

Bloomberg – Oil prices continue to tumble amid concerns over a global glut. Saudi Arabia has reduced the cost of crude as the U.S. increases supply. Bloomberg's Ryan Chilcote reports on "Countdown."

Eastern Ontario

Incubating and accelerating successes

Kingston - Queen’s University has been awarded $1.4M in funding from the Canada Accelerator and Incubator Program (CAIP) to strengthen the innovation ecosystem in Eastern Ontario. This award is part of a larger award that is also funding co-applicants Invest Ottawa and Wesley Clover International. The Queen’s allocation will enable Innovation Park and PARTEQ Innovations to deliver a variety of virtual and physical incubation services and acceleration programs to high potential startups and emerging SMEs in Kingston and other areas of Eastern Ontario.


ATS reports second quarter fiscal 2015 results

CAMBRIDGE - ATS Automation Tooling Systems Inc. today reported financial results for the three and six months ended September 28, 2014.


NATIONAL Public Relations Appoints Rick Murray as Managing Partner of its Toronto Office and Chief Digital Strategist for the Firm

TORONTO - Jean-Pierre Vasseur, president and CEO of RES PUBLICA Consulting Group, announced the appointment of Rick Murray, a veteran innovator and respected leader in the public relations industry, as managing partner of the Toronto office of NATIONAL Public Relations, as well as chief digital strategist for the Firm. RES PUBLICA is the parent company of NATIONAL Public Relations, Canada's largest strategic communications firm with offices across the country and in select global markets.

Global Markets - Health

India Stands to Lose More than $4.58 Trillion to Non-Communicable Diseases

New report from the World Economic Forum and Harvard School of Public Health finds that India stands to lose $4.58 trillion to non-communicable diseases, an amount more than double India’s annual GDP; Five key interventions reduce incidence of the diseases, and potentially provide a 15% return on investment

New Delhi, India – A new report released by the World Economic Forum and the Harvard School of Public Health finds that India stands to lose $4.58 trillion due to non-communicable diseases and mental disorders between 2012 and 2030, an amount more than double India’s annual GDP. The Economics of Non-Communicable Diseases Report provides an account of the forces driving this economic burden and an assessment of interventions that, if implemented, can reverse this trend with a return on investment of at least 15%.


Corporate Profiles (NEW)
Home & Leisure: The Attraction of Hot Tubs
Mayhew: Employee Engagement
is the New Black
The Shops Uptown Waterloo:
The Heart of the City
WalterFedy: Growing Outside The Box


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