Paris Climate Talks
Christiana Figueres: The inside story of the Paris climate agreement
What would you do if your job was to save the planet? When Christiana Figueres was tapped by the UN to lead the Paris climate conference (COP 21) in December 2015, she reacted the way many people would: she thought it would be impossible to bring the leaders of 195 countries into agreement on how to slow climate change. Find out how she turned her skepticism into optimism and helped the world achieve the most important climate agreement in history. Christiana Figueres is the executive secretary of the United Nations Framework Convention on Climate Change (UNFCCC), who led the recent COP 21 climate talks in Paris.
Major Canadian Cities
Ontario's Big City Mayors Encouraged By Prime Ministers Commitment To Partner With Cities on Key issues
Barrie - The Large Urban Mayors’ Caucus of Ontario (LUMCO) met with Prime Minister Trudeau and key members of his cabinet last week to discuss the issues facing the majority of cities in Ontario and across Canada, including infrastructure funding, job creation and affordable housing.
Libro Credit Union sharing $1 million in profits to grow prosperity across southwestern Ontario
London Libro Credit Union (Libro) announced fiscal 2015 results at its Annual General Meeting on Saturday, resulting in $1 million returned to Owners, in the form of dividends and profit sharing distributions.
Canada's international transactions in securities from February 2016
Ottawa - Foreign investment in Canadian securities reached $15.9 billion in February, mainly in Canadian dollar denominated instruments. At the same time, Canadian investors resumed their acquisitions of foreign securities by adding $4.4 billion to their holdings, following a $14.7 billion divestment in January.
Alberta business owners still worrying about labour
Calgary - Just as it was one year ago, Alberta small and mid-sized enterprise owners and operators (SMEs) are worried about labour and workforce issues. But the reasons they worry about employee-related issues has changed. That's the key finding from the latest edition of the ATB Business Beat survey.
Canadians Don't Trust Autonomous Vehicles, Yet
Ottawa - Canadians are wary of driverless cars, according to research released by the Canadian Automobile Association (CAA) on the eve of a major conference looking at the future of autonomous vehicles.
OpenText Signs Definitive Agreement to Acquire Certain Customer Experience Software Assets of HP Inc.
Waterloo - Open Text Corporation announced it has entered into a definitive agreement to acquire certain customer experience software and services assets from HP Inc.. The software assets acquired include HP TeamSite, a modern multi-channel digital experience management platform for web content management, HP MediaBin, a digital asset management solution, HP Qfiniti, an intelligent workforce optimization solution designed to improve enterprise contact center management, as well as HP Explore, HP Aurasma, and HP Optimost.
$4 Million Partnership to Reduce Barriers to the Development of Personalized Medicine in Oncology
'Personalize My Treatment' (PMT) Initiative aims to: Make Canada's rich scientific resources accessible to the research community; Create a comprehensive cancer database of tissue samples, genomic data and clinical data from the cancer patient population; Match patients to available clinical trials based on the profile of their cancer
MONCTON, NB - At an announcement made yesterday at the Dr. Georges-L.-Dumont University Hospital Centre, Merck, known as MSD outside the United States and Canada, confirmed its commitment to research and innovation in oncology by contributing a total of $2 million to the Exactis Innovation 'Personalize My Treatment' (PMT) initiative. In addition, the Cancer Research Society (CRS) and the New Brunswick Health Research Foundation (NBHRF) will also contribute $1 million each to help bring innovative precision medicine to Canadians living with cancer.
Rotman Professor Wins a 2016 Killam Prize from the Canada Council for the Arts.
Toronto An economist at the University of Toronto’s Rotman School of Management is the recipient of a prestigious award from the Canada Council for the Arts.
IMS Announces Major Upgrade to the DriveSync Connected Car Platform
DriveSync 5 introduces key innovations to give insurers more differentiation, more engagement and more value.
Waterloo - Intelligent Mechatronic Systems Inc. (IMS), a leader in connected car technology, announced a major upgrade to its DriveSync® platform. The upgrade is the culmination of years of research and development, introducing new innovations that address common industry challenges facing insurers around competitive differentiation, policyholder retention and program economics. DriveSync 5 enables customization without sacrificing speed to market; introduces engaging customer experiences that help ensure retention; and provides cost savings and increased value that further justify the business case for UBI.
Promoting the Vaughan Advantage
Vaughan - At a sold-out event hosted by the Economic Club of Canada in the Toronto Marriott Downtown Eaton Centre Hotel yesterday, Mayor Maurizio Bevilacqua and Transportation Minister Steven Del Duca discussed the Vaughan Advantage and the benefits of investing in the City of Vaughan. The session explored the City's relationship with the Province of Ontario to advance key city-building initiatives.
Mogo surpasses 200,000 member milestone leading Canada's increasing adoption of financial technology
Mogo achieves major milestone
Vancouver - More than 200,000 Canadians have signed up to become members of Mogo, the country's leading digital financial platform. "This clearly highlights that banking is no different than any other industry being disrupted by technology," said Dave Feller, CEO of Mogo. "As consumers increasingly looking for Uber like convenience in everything they do, it's clearer than ever that the traditional way of banking has being left far behind. Passing 200,000 members is a significant milestone for not only Mogo, but also FinTech in Canada. Similar to what we've seen with other disruptors, adoption is being driven by millennials which make up more than half of our members."
Banks, Start-Ups, Regulators Urge Common Response to Fintech
In a newly released paper, executives from large banks, start-ups and regulators including Western Union, UBS, HSBC, Ripple and Bank of England unite around recommendations to sustain the rise of fintech; Their recommendations focus on preservation of financial stability, ethical use of customer data and suitability of existing regulatory standards
New York For the first time, senior finance executives, start-ups and policy-makers agreed on actions to minimize risk and capitalize on opportunities created by technology-enabled innovation (commonly referred to as “fintech”). In a joint articulation prepared by the World Economic Forum, they propose four recommendations for the private sector and financial supervisors aimed at safeguarding financial stability and fostering fintech. The recommendations are to:
David and Donald Sobey give $2 million for StFX’s Mulroney Institute of Government
Antigonish, NS - St. Francis Xavier University President Dr. Kent MacDonald is pleased to announce that two of Canada’s outstanding entrepreneurs and business leaders David F. Sobey (left) and Donald R. Sobey (right), have donated $2 million to StFX’s planned Mulroney Institute of Government. The Sobey Scholarships have been established to support full-time undergraduate students who are academically focused and socially engaged, and enrolled in courses that will be associated with StFX’s Mulroney Institute of Government. The endowment will support two annual scholarships of $10,000 each, renewable for three additional years, and is part of the Xaverian Fund for Scholarships and Bursaries, established by Dr. MacDonald with a goal of raising $50 million for scholarships and bursaries.
State of the City
Mayor of Waterloo State of the City address Tomorrow
Waterloo - Mayor Dave Jaworsky will discuss our successes, challenges and progress at his State of the City breakfast meeting hosted by Rotary Waterloo.
Osprey WebCam now live
The Belwood Lake Osprey WebCam is now live.
Belwood Lake - Between April and September, this live webcam is above a nest near the entrance to Belwood Lake Park near Fergus. It captivated viewers in 2015 when it operated for the first time. The adult birds tended to their young under the watchful eye of viewers far and near. Within 24 hours of a Facebook posting that told people about the webcam, 19,000 people had been reached. Collectively, viewers spent 3.7 million minutes tuned in with up to 150 people watching at a time.