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____ Friday October 23, 2015 ____

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Future

Tom Uglow: An Internet without screens might look like this

Designer Tom Uglow is creating a future in which humanity's love for natural solutions and simple tools can coexist with our need for information and the devices that provide us with it. "Reality is richer than screens," he says. "We can have a happy place filled with the information we love that feels as natural as switching on lightbulb." As creative director in the Google Creative Lab, Tom Uglow sees a disconnect with how we design to deliver information and what makes us happy.


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Economy

Retail trade for August 2015

Sales in Ontario edged up 0.2% in August, the seventh consecutive monthly increase

Ottawa - Retail sales rose for the fourth consecutive month, advancing 0.5% to $43.6 billion in August. The increase was led by higher sales at motor vehicle and parts dealers. Excluding this subsector, retail sales were flat. Sales increased in 4 of 11 subsectors, representing 56% of retail trade. In volume terms, retail sales increased 0.7%.

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Labour Market

Why teenagers are skewing our picture of youth unemployment

Ottawa – Youth unemployment isn’t getting worse. We’re just measuring it wrong. That’s the conclusion economist Philip Cross reaches in a new paper, Serving Up the Reality on Youth Unemployment, for the Macdonald-Laurier Institute. Cross delves into the numbers to show that chatter about a “crisis” in youth unemployment fails to stand up to scrutiny The reason? The numbers on which this overheated rhetoric relies treat teenagers and those in their early 20s as equal. They’re not.

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Fire Safe

Waterloo firefighters move to 24-hour shift rotation

Waterloo - Recent arbitration decisions have awarded Waterloo Professional Firefighters’ Association a 24-hour shift rotation. Currently, firefighters work 10-hour day shifts for four days on, followed by four days off, which is then followed by four 14-hour night shifts.  Under the new 24-hour shift rotation, firefighters will work seven 24-hour days during a 28-day cycle averaging out to 42 hours per week, which is the same as with the previous shift rotation. 

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Grant

Year of the Code Program Gets $50,000 Boost From Libro Fund

By Christian Aagaard

Waterloo - There weren’t a lot of women in tech 30 years ago when Marty McFly roared through time in a souped-up DeLorean. Things have changed for the better in that regard; but there is still plenty of room for improvement. So Stephanie Rozek was all smiles Oct. 21 — Back to the Future Day — as she received a $50,000 grant for HackerGrrlz, a program under the wing of Year of Code Waterloo Region (YoCWR).

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Claims

Employment Insurance August 2015

Ottawa - In August, 7,900 fewer people received regular Employment Insurance (EI) benefits compared with July, down 1.4% to 536,800. On a year-over-year basis, the number of EI beneficiaries increased by 35,600 or 7.1%.

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VW Investors Claim

Labaton Sucharow Announces Opportunity for Volkswagen Investors Who Suffered Losses in the Emissions Scandal

New York - Labaton Sucharow LLP, AKD, and Breiteneder Rechtsanwälte Attorneys at Law announced an opportunity to join the Stichting Volkswagen Investors Claim, a nonprofit organization established in the Netherlands to represent the interests of investors in Volkswagen Group (“VW”) securities following the automobile manufacturer’s admission of fraud in the sale of cars with a built-in software that manipulated emissions test data (“defeat device”) and the subsequent decline in the share price of VW securities.

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Global Challenges

World’s Biggest Brainstorm Meeting to Tackle Top Global Challenges

The challenges represent the Forum’s priorities for public-private collaboration; will feature prominently at the Annual Meeting in Davos in January

Abu Dhabi, United Arab Emirates – Experts from the world’s leading research institutions, businesses and international organizations will meet in Abu Dhabi, United Arab Emirates, from 25 to 27 October for the World Economic Forum’s Summit on the Global Agenda 2015 to collectively develop solutions to address the most pressing issues shaping the global, industry and regional agendas.

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Chart of the Week

Oil Production One Year Later

Below is a chart of the 4-week average of US crude production. As you can see, it is still above last year's production at this time when oil was still $90 per barrel and just starting its major drop.

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Driving

407 International Reports Third Quarter Results

Southern Ontario Toll Road both for total trips taken and for total vehicle kilometres travelled

Toronto - 407 International Inc. announced today revenues of $277.6 million for the third quarter of 2015, compared to $245.7 million for the same period of 2014. Earnings before interest, taxes, depreciation and amortization ("EBITDA"1) totalled $236.8 million for the third quarter of 2015 as compared with $211.3 million for same period of 2014. The Company reported net income of $97.9 million for the third quarter of 2015, compared with net income of $80.9 million for the same period of 2014.

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Recognition

Carleton Engineering Professor Receives the CMHC Award for Excellence in Education

Ottawa - Carleton University’s Cynthia Cruickshank, associate professor in the research intensive Faculty of Engineering and Design, has won the Canada Mortgage and Housing Corporation (CMHC) – Excellence in Education Award to honour outstanding educational contributions to sustainable practices. "This award recognizes Carleton’s leadership in sustainable energy research and teaching innovation. Carleton engineering students are engaged with international researchers and laboratories active in energy research", says Cruickshank.

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Education

Canadian Technology Summit to Re-Imagine the Future of Computers in Schools

OECD Report Suggests the Need to Find More Effective Ways to Integrate Technology in Teaching & Learning

Toronto - It's never been a more vital time to connect industry & education thought leaders given that $76 Billion (according to the OECD) is spent annually around the globe on learning technology. The recent Global OECD Education Technology report challenged educators to make better use of technology purchases. "The apparent lack of improved student performance according to the study, speaks to the need to explore and redefine Canada's digital learning landscape through collaborative partnerships between education and business," says Robert Martellacci, Chair, Canadian EdTech Leadership Summit. The stage is set for the 6th Annual Canadian EdTech Leadership Summit on Tuesday, October 27 at the MaRS Discovery District.

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Planning for the Future

Millennials ignoring saving for retirement, says survey

Canadians put cost of healthcare, and oil and gas prices at the top of their concerns

Toronto - Four in ten (43 per cent) of the affluent millennials surveyed believe they will have more than enough income when they retire, despite putting saving for retirement near the bottom of their priorities, according to the most recent Manulife Investor Sentiment Index. They are also less concerned (seven per cent) than their parents and other age demographics that they will run out of money in retirement.

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Energy

New version of Bruce Power's free iPad App features calculator on how electricity options impact Ontario's climate change goals

Tiverton - Bruce Power has released an update to its free iPad App as part of its ongoing efforts to further inform the public on electricity generation in Ontario and the role played by clean, reliable and low-cost nuclear power. The updated App has a new focus on the role the electricity system plays in meeting Ontario's short and long-term climate change goals.

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Appointment

Hydro One Board of Directors Appoints Fiona Crean to Role of Ombudsman

Toronto - Yesterday, Hydro One Board of Directors announced the appointment of Fiona Crean to the role of Ombudsman for Hydro One. Having served most recently as the City of Toronto's Ombudsman, Ms. Crean has worked in the area of dispute resolution and complaints investigation for more than 25 years. Her background includes considerable multi-stakeholder experience in a variety of public settings, including the Ministry of Community Safety and Correctional Services, the City of Toronto, and York University as well as five years of experience as the Chief Operating Officer of the Office of the Ombudsman of Ontario.

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R&D

Many Employees Left in the Dark About Growth Prospects at Work

Professionals Want to Discuss Their Career Path, but Often Don't Get the Chance

Toronto - A new survey shows employees want more feedback on their future from the boss. In new research, nearly one in three (28 per cent) professionals said their managers never discuss their career paths with them. The data also suggests professionals are hungry for this information: 41 per cent said they would like to discuss their career paths at least quarterly; another 45 per cent want to review their options annually.

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Submit your Ideas

Magna challenges students to help shape the car of 2030

North American college students can win trips to CES 2016, cash prizes

Aurora - Magna International Inc. is tapping into the brain power of today's youth through its student innovation challenge. Magna is asking college students to answer questions such as: What features will the car of 2030 have? What will it look like? How will it perform? Students attending a college or university in Canada, Mexico or the United States are invited to submit their ideas at http://www.magna.com/studentinnovationchallenge by November 15, 2015, for a chance to attend CES 2016 in Las Vegas and compete in a team innovation competition with a total prize purse of $30,000.


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