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____ Wednesday February 17, 2016 ____
Exchange Magazine for Business

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Listening

Celeste Headlee: 10 ways to have a better conversation

When your job hinges on how well you talk to people, you learn a lot about how to have conversations — and that most of us don't converse very well. Celeste Headlee has worked as a radio host for decades, and she knows the ingredients of a great conversation: Honesty, brevity, clarity and a healthy amount of listening. In this insightful talk, she shares 10 useful rules for having better conversations. "Go out, talk to people, listen to people," she says. "And, most importantly, be prepared to be amazed." Celeste Headlee's years of interview experience gives her a unique perspective on what makes for a good conversation.

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Delayed Ontario Pension Plan

Government Responds to Ontario Chamber of Commerce Advocacy and Delays ORPP Implementation

Toronto - The Ontario Chamber of Commerce (OCC) is encouraged by the Government of Ontario’s decision to delay the implementation of the Ontario Retirement Pension Plan (ORPP). The OCC is now restating its call for government to support businesses’ transition to the new plan through a series of offset measures.

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Recognition

Rechargeable battery expert awarded prestigious E.W.R. Steacie Memorial Fellowship

Waterloo - A University of Waterloo researcher is the recipient of an E.W.R Steacie Memorial Fellowship from the Natural Sciences and Engineering Research Council of Canada (NSERC) for his work in developing new materials that make batteries and fuel cells smaller, lighter and longer-lasting.

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Ontario Finance

TFSA Welcomes Renewal of Partnership with Ontario Government

Toronto – Yesterday, the Ontario Government announced that it is renewing its partnership with the Toronto Financial Services Alliance (TFSA) for another three years.

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Digital Supply Chain

Coca-Cola Refrescos Bandeirantes Selects OpenText B2B Managed Services for its Global B2B Platform

Distributor Connects Retailers through OpenText Trading Grid to Create an Automated Digital Supply Chain with Full Visibility

Waterloo - OpenText announced that Coca-Cola Refrescos Bandeirantes, the exclusive distributor of Coca-Cola products in Brazil, has selected OpenText to manage its digital supply chain. Using OpenText B2B Managed Services, Refrescos Bandeirantes easily connects its retailers through the OpenText Trading Grid, a cloud-based B2B integration network, to increase its supply chain visibility and grow its business network.

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Commodity

Commodity slump weighing on Canadian and global economies

Widespread commodity price declines will depress the national economy through this year and probably into 2017 - By Jock Finlayson, Executive Vice-President, Business Council of British Columbia

Vancouver - The ongoing decline in commodity prices has hit Canada's economy hard, depressing incomes, and triggering layoffs and capital spending cuts. The U.S.-dollar prices of most internationally traded commodity products have slipped, hammering hundreds of resource companies (and their suppliers), and hurting business and consumer confidence across swaths of the country.

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Venture Capital

BDC Capital launches IT Venture Fund II, a $150 million venture capital fund to help build global Canadian IT companies

Eleven investments have already been made from the new fund into rapidly growing companies like Waterloo's Axonify, Vancouver's Cymax and Montreal's Hopper

Montreal - BDC Capital is launching its IT Venture Fund II, a new $150 million venture capital fund for the Canadian information technology (IT) sector. This second fund brings the amount under management by the BDC Capital IT Venture Fund group to $300 million, all of which is helping to build and support a new generation of global Canadian IT market leaders.

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Agreement

PT Whitesky Aviation Signs Agreement With Bell Helicopter for New Innovative Parts Service Plan

Singapore – Bell Helicopter, a Textron Inc. company, and PT Whitesky Aviation today signed an agreement for a new aftermarket parts service plan.

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Budworm

J. David Miller Wins NSERC Synergy Prize for Collaborative Spruce Budworm Breakthrough

Ottawa - David Miller, a professor in Carleton’s Department of Chemistry, is a winner at this year’s prestigious NSERC Synergy Awards for Innovation for a breakthrough that will reduce the devastating impact of the eastern spruce budworm on eastern North American forests.

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Education

Wellington Catholic Wants to Hear from You

Strategic Planning Survey offers chance to share thoughts on Wellington Catholic’s future

Guelph - The Wellington Catholic District School Board (WCDSB) has entered into the public phase of their strategic planning process with the launch of three online stakeholder surveys. Staff, students, parents, Catholic partners and community members are invited to share their ideas and thoughts for the board’s future until February 22, 2016.

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Giving

Community organizations receive $120,000 from The Co-operators

Guelph - Yesteday, The Co-operators announced eight donations totalling $120,000 to organizations across the country that are working to enhance the self-reliance and employability of marginalized youth and people with mental health challenges. The funding is being provided from The Co-operators Community Economic Development Funds.

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Retail

Retail Services Price Index for third quarter 2015

Ottawa - The Retail Services Price Index (RSPI) increased 1.7% in the third quarter, marking an eighth consecutive quarterly advance. Margin growth was widespread, with 7 of the 10 major retail sectors recording gains.

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Wholesale

Wholesale Services Price Index for third quarter 2015

Ottawa - The Wholesale Services Price Index (WSPI) edged down 0.2% in the third quarter. Five of the eight major sectors recorded margin declines, while three showed increases.

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Women in Business

Equal Funding For Female Start-Ups Could Lead To New Economic Prosperity

Female owned start-ups still struggle for equal access to venture capital funding despite generally higher ROI than male-owned businesses.

Tampa Bay, FL – Women-owned businesses are a $3 trillion economic force and support 23 million jobs but still face significant barriers compared to their male-owned counterparts when it comes to obtaining loans and growing their businesses, according to a report by the Senate Committee on Small Business and Entrepreneurship. Women entrepreneurs account for only $1 out of every $23 in small business lending, despite representing 30 percent of all small companies, and are more likely to receive less favorable terms than men.

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Balanced Feedback

Consumers Share Positive and Negative Experiences Equally

New Research Finds Good Experiences Are Shared Through Word of Mouth and Social Media as Frequently as the Bad

New York, NY – There’s both good and bad news when it comes to how consumers act when they use a brand. When a negative experience occurs, irate consumers may tell their friends and family and potentially even post a rant on social media. However, new research from Ipsos Loyalty reveals consumers are equally as likely to promote positive experiences in the same way.

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Travel

We Canadians Do Love to Travel!

Global report reinforces Canadians' love for travel both at home and abroad; neighouring U.S. destinations drop in popularity as European and Asian cities surge

Toronto - Once again New York, Las Vegas and London, England held fast as the top three international destinations for Canadians travelling outside the country in 2015. And even though demand for European destinations increased, there was renewed passion by Canadians to travel to more exotic destinations, a trend evident in the latest Hotel Price Index™ (HPI™) by Hotel.com.

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Manufacturing

Monthly Survey of Manufacturing for December 2015

Manufacturing sales increased 1.2% to $51.6 billion in December, their second consecutive advance.

Ottawa - In December, sales increased in the motor vehicle and wood products industries, representing over half of the national gain. Chemical products, miscellaneous products, ship and boat building, as well as other transportation equipment also posted higher sales, which accounted for almost one-third of the overall increase. Lower sales of petroleum and coal products partly offset the gains.

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Retirement - Guide

CPA Canada book helps retirement 'procrastinators'

Toronto - A new book, The Procrastinator's Guide to Retirement – How you can retire in ten years or less, published by Chartered Professional Accountants of Canada (CPA Canada) is aimed at those who are fifty-plus with a retirement plan that needs some work.

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Women in Business

50% of the small businesses in the U.S. are founded by women

Clearwater - Ventures led by women have won just 7 percent of all venture capital funding. Directly related to this, an MIT survey found a profound gender bias - “Investors prefer pitches presented by male entrepreneurs compared with pitches made by female entrepreneurs, even when the content of the pitch is the same,”.

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Celebrating Canada

Christie technology displays Northern Lights across Canada’s Parliament Hill

New projection mapping show continues celebration of Canadian nation building, partnership, discovery, valour, pride and vision

Kitchener – The ‘Northern Lights’ will be visible on Canada’s Parliament buildings again this summer thanks to a striking new projection mapping show delivered by 17 Christie® 3DLP® projectors with content provided by id3. The half hour ‘Northern Lights’ show celebrates Canadian history, achievements, the majesty of its vast landscape and the diversity of its people. The 2016 show runs from July 9 to September 10.

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Benefits

Canadians’ retirement savings ‘wholly inadequate’

by Jennifer Paterson

The value of retirement assets of Canadians aged between 55 and 64 without an employer pension is “wholly inadequate” at an overall median value of just $3,000, according to a new report. An Analysis of the Economic Circumstances of Canadian Seniors, by statistician Richard Shillington of Tristat Resources and released by the Broadbent Institute, found that, among this age group, 32% have less than $1,000 in retirement savings, 23% have more than $1,000 but less than one year’s savings, 15% have saved enough for one-to-five years, and only 18% have more than five years worth of savings.

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Parent-Led

Applications for Parents Reaching Out Grants Now Open

Ontario Supporting School Councils and Community Group Projects

Queens Park - Ontario is helping parents get more involved in their children's education by supporting local parent-led projects that encourage student learning and promote well-being.


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