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____ Friday February 12, 2016 ____
Exchange Magazine for Business

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Mike Velings: The case for fish farming

We're headed towards a global food crisis: Nearly 3 billion people depend on the ocean for food, and at our current rate we already take more fish from the ocean than it can naturally replace. In this fact-packed, eye-opening talk, entrepreneur and conservationist Mike Velings proposes a solution: Aquaculture, or fish farming. "We must start using the ocean as farmers instead of hunters," he says, echoing Jacques Cousteau. "The day will come where people will demand farmed fish on their plates that's farmed well and farmed healthy — and refuse anything less." Mike Velings understands the potential for business to create durable solutions to complex world problems.


New Housing Price Index for December 2015

Following two months of no change, Kitchener–Cambridge–Waterloo recorded a 0.3% price increase in December. Builders reported that market conditions were the primary reason for the gain.

Ottawa - The New Housing Price Index (NHPI) edged up 0.1% in December, following a 0.2% increase in November. The advance was led by higher new home prices in Ontario and British Columbia. December marked the second consecutive month of slowing price gains.

Pipline Policy

Making Canada Resourceful on Energy Resources

Macdonald-Laurier Institute Senior Fellows write that a sound federal policy on pipelines would defend the national interest, avoid uncertainty in the regulatory process, and engage Aboriginal peoples - by Ken Coates and Sean Speer

Ottawa – Of all the issues facing Canada’s newly-elected Liberal government, few present more pitfalls than energy resource development. As the prime minister has acknowledged, a healthy resource sector is vital to Canada’s economy, and to fostering prosperity for Aboriginal peoples. He is right to make it a priority to renew Canadians’ faith in the regulatory process for pipelines, and to support the construction of energy infrastructure.


Selling wine in grocery stores comes with a high price says OPSEU

"Make no mistake about it: this is privatization of one of our Crown jewels," he said. "In the end, we'll all pay the price."

Toronto - The Ontario government's scheme to let grocery stores to sell wine is "a sell-out to corporate interests and a direct attack on the LCBO," the president of the Ontario Public Service Employees Union says.


Waterloo Wellington Dufferin Quarterly Job Demand Report

Waterloo Region - The quarterly report about the online job postings taking place within the Waterloo Wellington Dufferin area is now available. The report includes the job postings by website source, top locations, major NOC and by type. It also includes the top 10 occupations (by 4 Digit NOC) being posted.

Risk Management

Financial executive survey reveals more can be done to recognize and manage risk

Toronto - While many Canadian organizations are concerned with risk and have a documented management plan in place, a significant number (one in five) do not, according to a study by Chartered Professional Accountants of Canada (CPA Canada) and Financial Executives International Canada (FEI Canada).


Canadian Tire- Pinebush invests in the safety of women and children of Waterloo Region

Waterloo Region - Women’s Crisis Services of Waterloo Region is very proud to thank Canadian Tire – PINEBUSH for their support of the campaign to Rebuild Haven House, the shelter supporting abused women and their children in Cambridge and North Dumfries.


Recruitment for truck drivers in Atlantic Canada is changing

Vancouver - The Asia Pacific Gateway Skills Table released findings from the report titled Labour Force Profile of Professional Drivers Working at Ports in Atlantic Canada today. Conducted with the assistance of the Trucking Human Resource Sector Council Atlantic, the study collected and analyzed demographic information on professional drivers who service the Ports of Saint John and Halifax.


Ontario must increase financial support for low-income students

Kitchener - Conestoga and the province’s other public colleges are calling on the Ontario government to increase financial support for low-income students who want to pursue post-secondary education.


Job Vacancy and Wage Survey, third quarter 2015

Ontario had a job vacancy rate of 2.6%, in line with the national average

Ottawa - There were 401,000 job vacancies in Canada in the third quarter and the job vacancy rate was 2.6%.


‘NATO and the destruction of Libya’ next topic in Laurier’s Mandela lecture series

Waterloo – Leading African Studies scholar Horace Campbell will be the next speaker in the Nelson Mandela lecture series, hosted by Wilfrid Laurier University and the Tshepo Institute for the Study of Contemporary Africa.

Workplace Compensation

WSIB Releases 2016-2018 Strategic Plan

Toronto - The Workplace Safety and Insurance Board (WSIB) released its 2016-2018 Strategic Plan. The Strategic Plan reflects the WSIB's commitment to continue strengthening its operations to provide Ontario's workers and employers with even better service and value.

First Dividend

Hydro One Limited Board Declares 34 Cents per Common Share Dividend and Approves Creation of DRIP

First Dividend as Newly Public Company Comprised of 13 Cents for the Post IPO Portion of Fourth Quarter 2015 Plus 21 Cents for the Full First Quarter of 2016; March 31, 2016 Payment Date to Follow March 17, 2016 Record Date; Board also Approves Creation of Dividend Reinvestment Plan

Toronto - Hydro One Limited, the largest electrical transmission and distribution utility in Ontario, announced its that its Board of Directors declared a cash dividend to shareholders totaling 34 cents per share on each of its outstanding common shares.

Strategic Sales

Canadian companies eager to divest and fund growth through strategic sales

56% of Canadian companies plan to divest within two years

Toronto - Divestments are top of mind in corporate strategies as companies look to extract maximum value from strategic sales, according to EY's 2016 Corporate Divestment Study, an annual survey of corporate and private equity executives. This is even more top of mind for Canadian companies than their global peers" as 56% of Canadian companies are planning to divest within the next two years, versus 49% globally.

Now Listed

exactEarth Ltd. opened yesterdays market

Cambridge - Peter Mabson, Chief Executive Officer, exactEarth Ltd. (XCT), joined Rob Peterman, Director, Global Business Development, Toronto Stock Exchange & TSX Venture Exchange to open the market.


Canada: Spring of 2016 may rank in top 10 warmest on record

State College, PA - AccuWeather reports Spring of 2016 may rank in the top 10 warmest on record for Canada as a whole. The season will get off to an early start across a large portion of the country, as El Nino continues to exert its influence. El Nino is defined by above-normal ocean water temperatures in the central and eastern Pacific, near the equator. In Canada, this can result in warmer-than-usual springtime weather.


Government of Canada Supports Productivity Improvements for Manufacturer in Vaughan

Vaughan – Bardish Chagger, Minister of Small Business and Tourism, along with Francesco Sorbara, Member of Parliament for Vaughan–Woodbridge, announced an investment of up to $837,500 in Cutler Forest Products to increase productivity, expand operations and support job creation. This announcement was made on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for FedDev Ontario.


Overspenders in overdrive this past holiday season, shifting into savings mode in 2016

Ontario consumers kept the tightest lid on their holiday expenses, with the lowest number of overspenders in the country

Toronto - Despite their best intentions, the number of Canadians who are spending more than they expect to each holiday season continues to grow, reaching the highest point in five years this past December (41 per cent vs. 33 per cent in 2011). In fact, more Canadians in every region of the country except Ontario over-spent during the holidays, according to the 2016 RBC Post-Holiday Spending Poll.

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