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Open Source

Linus Torvalds: The mind behind Linux

Linus Torvalds transformed technology twice — first with the Linux kernel, which helps power the Internet, and again with Git, the source code management system used by developers worldwide. In a rare interview with TED Curator Chris Anderson, Torvalds discusses with remarkable openness the personality traits that prompted his unique philosophy of work, engineering and life. "I am not a visionary, I'm an engineer," Torvalds says. "I'm perfectly happy with all the people who are walking around and just staring at the clouds ... but I'm looking at the ground, and I want to fix the pothole that's right in front of me before I fall in."

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Education Partnership

Partnership supports Conestoga's Robotics Innovation Group

Kitchener - Conestoga’s Robotics Innovation Group (RIG) has partnered with Proto3000, a Vaughan-based engineering firm. Through the partnership, Proto3000 will provide $40,000 of engineering and 3D printing services to RIG to support the group as it builds and programs its humanoid robot, RIGbot.

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Blind Leadership

Canada's supply-management recipe leaves a bad taste

We should embrace the opportunity to reform our supply-managed sectors in order to become a much stronger trading economy - By Sylvain Charlebois

Guelph - Blindly compensating Canadian supply-managed sectors in response to international trade deals makes as much sense as bailing out Bombardier.
Stephen Harper's defunct Conservative government pledged last fall to pay $4.3 billion over 15 years to the supply-managed dairy, chicken and egg sectors. That amount is apparently based on the premise that Canada will open 3.25 per cent of its dairy market to duty-free imports, among other things, through the Trans-Pacific Partnership (TPP).

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Housing Starts

Housing Starts in Kitchener-Cambridge-Waterloo and Ontario

Waterloo Region - Housing starts in the Kitchener-Cambridge-Waterloo Census Metropolitan Area (CMA) were trending at 2,876 units in March compared to 3,437 units in February, according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts.

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European Agreement

Swenco engages new sales representation for European market

Waterloo - A new representation agreement in Europe will boost sales of a product line developed by Swenco Limited, a Canadian manufacturer of components for safety footwear. Swenco has named Paul Bowkett as its sales representative in Europe, responsible for attracting more business and retail customers on the continent to Swenco’s Steel-Flex-branded products.

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Education

Opening of Engineering Facility at York University

Queens Park - Attendees celebrated the grand opening of the Bergeron Centre for Engineering Excellence at York University last Friday, an innovative new facility that will help students develop the specialized skills and knowledge they need to compete for high-demand engineering jobs. “The Bergeron Centre for Engineering Excellence is a truly forward-looking, uniquely designed facility that will offer our engineering students unsurpassed experiential learning opportunities.

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Creative Stress

Survey Shows Execs Perform Better When Under a Little Pressure

Toronto - Work stress is par for the course for creative leaders. According to new research from staffing firm The Creative Group, seven in 10 (70 per cent) advertising and marketing executives interviewed said their job is somewhat or very stressful. But there's an upside: Nearly one-third (32 per cent) of respondents claimed the more stress they experience, the better their performance; another 60 per cent reported they thrive under some pressure.

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Expansion

Sun Life Financial increases its shareholding in Birla Sun Life Insurance from 26% to 49%

Investment strengthens Sun Life's long-standing partnership with the Aditya Birla Group; India is a major growth market for Sun Life in Asia

Mumbai - Sun Life Financial Inc. announced the completion of the transaction to increase its ownership in Birla Sun Life Insurance Company Limited ("BSLI") from 26% to 49%. It purchased the additional BSLI shares from Aditya Birla Nuvo Limited, a part of the Aditya Birla Group ("ABG"). The transaction was announced on December 2, 2015.

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Study

Hybrid strategy works best when high-technology companies go global

Finland - Following a hybrid competitive strategy leads to superior financial performance in the internationalisation of high-technology companies, shows a new Finnish study in the field of marketing. The study challenges the traditional viewpoint according to which companies can successfully go international by adhering to a single competitive strategy alone.

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Community Health

Preventable maternal and child deaths could be virtually eliminated in a generation, say leading experts

Average yearly investment equivalent to US$4.7 per person

Avoidable maternal and child deaths could be greatly reduced in a generation by rapid expansion of essential, highly-cost effective health interventions and services, according to some of the world’s top maternal and child health experts writing in The Lancet. The research is being presented at the Consortium of Universities for Global Health conference in San Francisco on April 9, 2016.

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Employment

Labour Force Survey for March 2016

Ottawa - After three months of little change, employment increased by 41,000 (+0.2%) in March, lowering the unemployment rate by 0.2 percentage points to 7.1%. With the gains in March, employment grew by 0.2% in the first quarter (+33,000). This was the fourth consecutive quarter with 0.2% employment growth.

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HR

The no. 1 reason people leave their jobs

by Ciaron Foley, Head of Frazer Jones

Companies can offer more money, training and development, recognition programs rewarding the right behaviours and many other benefits. But there are better ways to help you retain your key talent. In our Asia-Pacific HR Salary Survey for 2016, we asked HR professionals across the region about what motivates them to perform and remain with their employer. The results specific to Australian employees make interesting reading.

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Government Spending

Canada heads down the path to debilitating debt again

Deficit spending by the Trudeau government will simply slow our recovery and handicap future generations - By Gwyn Morgan

Victoria - The federal government's planned $30-billion budget deficit, to be followed by three more deficits totalling $113 billion, brings to mind former U.S. Secretary of State Henry Kissinger's observation that "It's not often that nations learn from the past, even rarer that they draw the correct conclusions from it."

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Emerging Leader

Kingsdale Shareholder Services' Ian Robertson Wins Top 40 Under 40 Emerging Leader Award

Robertson is the only Canadian in his award category on the list of U.S. award winners and recognizes Kingsdale's growing dominance as North America's only integrated proxy advisory firm

Toronto - M&A Advisor announced Ian Robertson, Kingsdale Shareholder Services' Executive Vice President, Communication Strategy, as a winner of the Annual M&A Advisor Top 40 Under 40 Emerging Leaders Awards. This award celebrates and recognizes the achievements of young and up-and-coming professionals who have reached a significant level of success and made a notable contribution to their industry and community.

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Bots & AI

Meet the man behind the rise of bots and our AI-driven future

by Caroline Fairchild, New Economy Editor at LinkedIn

For two straight quarters, deal activity in artificial intelligence has hit record highs. Dennis Mortensen is one of the biggest winners in all the craze. His startup x.ai is the creator of Amy Ingram, an AI-driven personal assistant that can schedule meetings for you. After testing Amy in beta for two years, Mortensen announced last week $23 million in Series B funding to bring Amy to market. In an interview, I chatted with Mortensen about the differences between Amy and Siri, the fundraising market right now and the future of AI.

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Infrastructure

$20M Connecting Links Funding Will Repair Municipal Roads, Bridges

Barrie One of 23 Municipalities Receiving Funding

Queens Park - Ontario is providing $20 million in 2016-17 to municipalities across the province through the Connecting Links program to make roads and bridges safer, create economic growth, and create or sustain jobs.

EVENTS

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This Week

National Volunteer Week April 10 - 16

Can Volunteering Really Help Your career?

Waterloo Region - It’s a busy life. You’re working hard at building your career, balancing your family obligations, staying in shape, pursuing hobbies and finding time to walk the dog. Is it really worth trying to find an extra few hours each week to volunteer for an organization in your community? “Yes,” says Carizon’s Volunteer Coordinator, Dale Gellatly. “There are many benefits to volunteering, not the least of which is that those volunteer hours can contribute to job satisfaction and can open new horizons in your career.”

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May 7, 2016

Millions of hours of compassion, millions of dollars in support

Grand River Hospital and Grand River Hospital Foundation celebrate hospital volunteers

Kitchener - To kick off National Volunteer Week from April 10th to 16th, Grand River Hospital (GRH) and Grand River Hospital Foundation (GRHF) are honouring the Grand River Hospital Volunteer Association (GRHVA) for their outstanding contributions to patient care.

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May 7, 2016

Jeans ‘n Scrubs is ready to rock for mental health in Waterloo Region!

Waterloo Region - The fourth annual Jeans ‘n Scrubs will take place on Saturday May 7, 2016 at RIM Park. Attendees will experience a great night of dinner catered by Wildcraft and dancing to two live bands with a silent auction all in support of mental health in Waterloo Region. This year’s charities are Grand River Hospital, St. Mary’s General Hospital, KW Counselling Services and Hospice of Waterloo Region.

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Today

UOIT’s first UAV-focused industry day at the ACE climatic wind tunnel

Oshawa – The ACE Climatic Wind Tunnel at the University of Ontario Institute of Technology (UOIT) will hold its first Unmanned Arial Vehicle (UAV) Industry Day to promote UAV technology and innovative culture at UOIT. Come fly a UAV, discover UAV careers, find out where the industry is heading and network with leading-edge companies.



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