Previous Week Next Week

____ Summer Week 2: July 9 - July 15, 2015 ____

Summer Schedule: Exchange Morning Post is
distributed weekly, every Thursday from June 29 - September 4

Interlocking Cycles

Dame Ellen MacArthur: The surprising thing I learned sailing solo around the world

What do you learn when you sail around the world on your own? When solo sailor Ellen MacArthur circled the globe – carrying everything she needed with her – she came back with new insight into the way the world works, as a place of interlocking cycles and finite resources, where the decisions we make today affect what's left for tomorrow. She proposes a bold new way to see the world's economic systems: not as linear, but as circular, where everything comes around. After setting a record for sailing around the world, Dame Ellen MacArthur has turned her attention toward creating a more "circular" economy — where resources and power recirculate and regenerate.

Energy Tooling

New made-in-Ontario tooling to support Bruce Power operations for decades to come

Cambridge - Bruce Power's maintenance and inspection activities will be enhanced through a new, state-of-the-art tooling system unveiled today by a coalition of respected Ontario-based companies that have used innovation to drive the province's nuclear industry forward by meeting the operational needs of the Bruce Power site.


Building permits for May 2015

Ottawa - The total value of building permits fell 14.5% to $6.7 billion in May, following two months of double-digit gains. Declines were recorded in five provinces, led by Ontario, which had posted a notable increase the previous month.

Language Processing

The Canadian Government Invests in Waterloo's Information Communications Technology Cluster

Waterloo – on July 7, MP for Kitchener–Waterloo Peter Braid announced an important investment that will help a Waterloo-based Information Communications Technology company build on its first-to-market advantage in China and expand its customer base.

Focus on Kids

The Cowan Foundation supports innovative, school based photography program through $25,000 donation to Focus on Nature

Guelph - Last month, The Cowan Foundation presented a cheque for $25,000 to Focus on Nature, an organization whose mission is to inspire young people to explore and connect with nature through photography. The donation will fund two school kits, which include cameras for the children to use, memory cards, laptops and a digital projector.


The Co-operators and The Natural Step Canada collaborate to develop young sustainability leaders

GUELPH - On July 8 The Co-operators and The Natural Step Canada announced a new partnership agreement to jointly deliver the IMPACT! Youth Program for Sustainability Leadership over the next four years. The collaboration significantly deepens the capacity of the IMPACT! program to achieve its vision of developing young sustainability leaders across Canada.


New York City Transit Authority Takes a Ride with OpenText

WATERLOO - OpenText announced July 7, 2015 that the New York City Transit Authority (NYCT) has implemented OpenText Analytics to manage and analyze its transit information to provide optimized transit service to the public. With OpenText Analytics, NYCT saves time and money while maintaining full visibility into the transit system to quickly identify and address any potential service issues.

Chart of the Week

When the tide goes out you get to see who is swimming naked

Kitchener - Below is a chart of the performance of 3 major equity markets over the last 20 years. The US is in black, Europe in blue & China in red. From a high level perspective they definitely seem to move together with each having a turn leading. Europe in the run up to the first peak in 2000, China in the run up to the second peak in 2007 and the US leading the last wave which sure seems to be cresting right about now.

Climate Change

Ontario Kicks Off Climate Summit of the Americas

Leaders from Ontario, Quebec, California Taking Steps to Build, Expand North America’s Largest Carbon Market

Queens Park - On July 8, 2015, Ontario officially opened the Climate Summit of the Americas and welcomed more than 300 delegates from 20 states and regions who will work towards commitments to reduce greenhouse gas emissions and discuss opportunities to invest in a global low carbon economy.

Earnings Family

Canadian Income Survey, 2013

Ottawa - The median after-tax income of Canadian economic families and persons not in an economic family was $53,500 in 2013, virtually unchanged from 2012. The median after-tax income of economic families of two or more people was $72,200, while for persons not in an economic family, the median was $28,200 in 2013.


Laurier to host Chengdu University faculty for training on teaching and learning

WATERLOO – A delegation of 15 faculty members from Chengdu University in China will be visiting Wilfrid Laurier University to participate in a training program focused on student-centered approaches to teaching from July 25 to August 21.


Drew Hayden Taylor named 2016 Edna Staebler Laurier Writer in Residence

Waterloo – Fiction writer and playwright Drew Hayden Taylor has been chosen as Wilfrid Laurier University’s incoming Edna Staebler Laurier Writer in Residence (WIR). Taylor is the award-winning author of 27 books, including adult and young-adult (YA) fiction as well as plays and essays. Taylor will be the fourth writer to hold the WIR position, fulfilling his term at Laurier from January to April 2016.


Canada's Mortgage Insurance Risk Needs a Better Backstop

Toronto - Canada's mortgage insurance risk needs a better backstop fund, according to a new report released today by the C.D. Howe Institute. In "Mortgage Insurance as a Macroprudential Tool: Dealing with the Risk of a Housing Market Crash in Canada," authors Thorsten V. Koeppl and James MacGee suggest an era of steadily rising house prices and high mortgage debt warrants concern over the potential exposure of Canada's mortgage insurance system – and taxpayers.

Mental Health - Video

Restraint and confinement still an everyday practice in mental health settings

Waterloo - Providers of mental-health services still rely on intervention techniques such as physical restraint and confinement to control some psychiatric hospital patients, a practice which can cause harm to both patients and care facilities, according to a new study from the University of Waterloo.


U.S. EPA Seeks Public Input on Bi-national Phosphorus Reduction Targets to Combat Lake Erie Algal Blooms

CHICAGO – The U.S. Environmental Protection Agency is seeking public input on proposed phosphorus reduction targets to combat harmful algal blooms in Lake Erie. The Great Lakes Water Quality Agreement requires the United States and Canada to adopt targets to reduce excess phosphorus levels for Lake Erie by early 2016.


Next Velocity Find Finals

Waterloo - The 10 finalists for the Velocity Fund $25K have been chosen! The pitches look to be incredibly varied this year, from electric shuttles to lead generation software to auto IoT to air compression tech in workout equipment.

International Prize

Robarts Research Institute awards the J. Allyn Taylor International Prize in Medicine to renowned cancer imaging researcher from Stanford University

London, Sanjiv S. Gambhir, MD, PhD, internationally-renowned cancer imaging researcher from Stanford University, is the recipient of the 2015 J. Allyn Taylor International Prize in Medicine. The Taylor Prize is awarded annually by Western University’s Robarts Research Institute. The recipient is nominated by the scientific community and selected by a peer jury which focuses on research areas that are integral to Robarts’ mandate. This year, the focus is “Cellular and Molecular Imaging in Cancer.” The Cancer Imaging Research Program at Robarts is focused on generating new cancer imaging tools and new molecular probes to detect specific types of cancer.

Global Health

First real-life trial finds oral cholera vaccine protects against endemic disease and could speed up global control efforts

Dhaka, Bangladesh - An oral cholera vaccine (Shanchol) given as part of routine health services is safe and protects against severe cholera in children and adults in urban Bangladesh where the disease is endemic, according to the first real-life trial of this vaccine published in The Lancet. The findings lend support to the use of the vaccine in routine mass vaccination programmes to help to control cholera in endemic countries.


CFA Institute Report Addresses Investment Professionals Growing Concern for Global Retirement Security

Report outlines ten principles for an ideal retirement system

NEW YORK - In an era of an aging population and increased attention on retirement systems around the world, CFA Institute, the global association of investment management professionals, has released An Ideal Retirement System, a report prepared by Mercer for CFA Institute. The study considers, through a set of 10 principles, what the investment management profession can do for clients to deliver adequate benefits that can be sustained and trusted by the community. The 10 principles are designed to be a foundation for dialogue and debate among the investment profession to consider and assess what changes are needed in pension and retirement systems.

Global Presence

Gowlings joins forces with Wragge Lawrence Graham & Co to launch new international law firm: Gowling WLG

TORONTO — Gowlings, a leading Canadian law firm, and Wragge Lawrence Graham & Co (WLG), a leading U.K. law firm, are joining forces to create a new international law firm called Gowling WLG. The new firm will launch in January 2016.

Fund Raiser Report

Tacofest raises funds for Meals on Wheels

Waterloo Region - We are proud to announce the third annual Waterloo Region Tacofest has raised over $29,000 for Community Support Connections – Meals on Wheels and More (CSC). Since the inception of Tacofest in 2013, the event has raised $66,000 for local seniors and adults with disabilities by supporting CSC’s Meal Subsidy Program.

Building Trade

Ontario Premier Announces International Missions

Trips to U.S. and Asia Will Expand Trade and Investment Opportunities

Queens Park - Premier Kathleen Wynne will travel to Colorado, California and China this fall to promote Ontario’s attractiveness as a trading partner and as a centre for investment. Premier Wynne made the announcement today during a speech to government and business leaders at the Toronto Global Forum — Pan American Edition.

Education Award

Joint Project by Maplesoft and the University of Waterloo wins Innovation in Education Award

Award recognizes use of technology to introduce pioneering educational practices

Waterloo — A collaborative project between the University of Waterloo and Maplesoft has won an award from the Canadian Network for Innovation in Education (CNIE). The Excellence and Innovation in the Integration of Technology in Educational Practices/Collaboration Award acknowledges the Secondary School Courseware project, a free online courseware site designed to support high school math students and teachers in calculus and precalculus courses.

Gene Therapy

First trial of gene therapy for cystic fibrosis to show beneficial effect on lung function

London, UK - For the first time gene therapy for cystic fibrosis has shown a significant benefit in lung function compared with placebo, in a phase 2 randomised trial published in The Lancet Respiratory Medicine journal. The technique replaces the defective gene response for cystic fibrosis by using inhaled molecules of DNA to deliver a normal working copy of the gene to lung cells.

Highest Civilian Honour

Several Waterloo people named to Order of Canada

Waterloo - Three professors from the University of Waterloo are among the list of several individuals with an affiliation with the University who were named to the Order of Canada. His Excellency the Right Honourable David Johnston, Governor General of Canada, announced 100 new appointments to the Order of Canada on July 1. The Order has three levels: Companion, Officer and Member.

Fund Raising

Bike to GROW tops $100K entering Ontario

Past MEDA interns cycling across Canada for Ghanaian women

WATERLOO – As they biked across the Manitoba border into Northern Ontario, Mary Fehr and Sarah French had extra power pushing their pedals. Past MEDA – Mennonite Economic Development Associates – interns Fehr and French are on a four-month bike ride across Canada, called Bike to GROW, to raise $150,000 for MEDA’s GROW (Greater Rural Opportunities for Women) project in Ghana.


Crown Strikers Support Law Reform, Renew Customer Campaign at Labatt's

TORONTO - United Steelworkers (USW) members embroiled in a 22-month labour dispute with beer can manufacturing giant Crown Holdings are advocating for legislative changes to prevent such prolonged and devastating disputes.


Religious groups could expedite response to biggest global health challenges of 21st century

Faith-based groups are an underused health resource that could be key to achieving adequate health care for all

New York - Faith-based organisations are crucial in achieving the promise of universal health coverage—an adequate standard of health care for all people—especially for poor and marginalised groups, according to a new three-part Series on faith-based health care, published in The Lancet. The Series argues that building on the extensive experience, strengths, and capacities of faith-based organisations (eg, geographical coverage, influence, and infrastructure) offers a unique opportunity to improve health outcomes.

Summer Camp

Laurier Arts Express camp hosts final performance

Waterloo – Wilfrid Laurier University’s Arts Express summer camp for children with special needs will stage the program’s final dance, drama and musical performance Friday, July 10, at 1:30 p.m. in the Maureen Forrester Recital Hall on Laurier’s Waterloo campus. Members of the public are invited to attend.


Community Forum On Employment Standards

Cambridge - The Social Planning Council of Cambridge and North Dumfries and The House of Friendship are hosting a community forum on employment standards. Topics such as labour laws, employee rights, temp agencies, precarious work, and part-time employment will be discussed. The panel will consist of Deena Ladd from the Workers’ Action Centre in Toronto, Shannon Down from Waterloo Region Community Legal Services, and community members with lived experience. The panel presentation will be followed by a question and answer period.

The Exchange Morning Post is a free business news service. Consider making a voluntary payment, to help us make this business and market news service better. Thanks in advance, your contribution is appreciated.

Share Special Sections

Content Opportunities

Share Your Story:
pressrelease @

Expand Your Reach:
advertise @

Exchange Business Communication Inc.
PO Box 248
Waterloo, Ontario, Canada

Content published on this site represents the opinion of the individual, organization and/or source provider. is a online daily journal of Exchange Business Communication Inc. Publishers of Exchange Magazine est. 1983. Privacy Policy. Copyright of Exchange produced editorial is the copyright of Exchange Business Communications Inc. 2015. Submitted editorials, comments and releases are copyright of respective source(s).