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____ Wednesday March 2, 2016 ____
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Yarn Bombing

Magda Sayeg: How yarn bombing grew into a worldwide movement

Textile artist Magda Sayeg transforms urban landscapes into her own playground by decorating everyday objects with colorful knit and crochet works. These warm, fuzzy "yarn bombs" started small, with stop sign poles and fire hydrants in Sayeg's hometown, but soon people found a connection to the craft and spread it across the world. "We all live in this fast-paced, digital world, but we still crave and desire something that's relatable," Sayeg says. "Hidden power can be found in the most unassuming places, and we all possess skills that are just waiting to be discovered." Magda Sayeg uses handmade, eye-catching yarn bombs to shake up the way we see the world and make us notice things we hadn't seen before.

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GDP Industry

Gross domestic product by industry, December 2015

Ottawa - Real gross domestic product grew 0.2% in December, after rising 0.3% in November. Manufacturing and wholesale trade increased in December, while retail trade, mining, quarrying and oil and gas extraction as well as utilities posted notable declines. The output of service-producing industries rose 0.3%, mainly as a result of increases in wholesale trade, the finance and insurance sector and the public sector (education, health and public administration combined). The arts, entertainment and recreation sector as well as accommodation and food services also advanced. In contrast, retail trade declined notably.

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GDP

Gross domestic product, income and expenditure, fourth quarter 2015

Ottawa - Real gross domestic product (GDP) grew 0.2% in the fourth quarter, following a 0.6% increase in the third quarter. Lower final domestic demand and exports both contributed to the slower growth. Final domestic demand decreased 0.2% after flat second and third quarters. The decline was the result of lower business gross fixed capital formation, mainly in non-residential structures.

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R&D

Waterloo researchers awarded $3.9 million to partner with industry

Waterloo - Seven researchers at the University of Waterloo are receiving more than $3.9 million to collaborate with Canadian-based companies and government organizations on strategic research projects.

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Food & Drink

Food Renaissance in Waterloo Region

Creative dishes and craft beer create a foodie’s hidden gem

Waterloo — A growing relationship between local farmers and local chefs, catering to a sophisticated business crowd, is driving a surge of independent restaurants featuring local food and drink in Waterloo Region.

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Branding

Mennonite Savings and Credit Union members vote in favour of name change

Kitchener – Mennonite Savings and Credit Union (MSCU) will be changing its name to Kindred Credit Union. The change was approved at a Special General Meeting of members on February 29, 2016. The launch of the new Kindred Credit Union brand will begin in June 2016 with a phased rollout expected to be completed by the end of the year.

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Paper Survey

Executives Say Less Than 10 Percent of Business Processes will Rely on Paper by 2018

Canadian companies ahead of global counterparts in digitizing key business processes

Toronto - Data is the lifeblood of business today, and it's not easy digging through it to uncover insightful, actionable intelligence. That's one takeaway from a survey of 600 IT decision-makers in large US, Canadian and Western European organizations. The "Digitization at Work" report from Xerox shows the move from paper to digital processes is nearly upon us, however, many survey respondents admit they may not be ready for it.

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Aspiring Artist

Drayton Entertainment Announces New Musical Theatre Program for Youth

Waterloo Region – Drayton Entertainment announced the launch of its brand new Youth Musical Theatre Program, which will offer six, week-long training programs for aspiring young artists throughout southern Ontario.

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Accelerator

Support for Entrepreneurs and Early-stage Businesses in Southern Ontario

Guelph – New entrepreneurs in southern Ontario will benefit from an investment of up to $4.84 million in Bioenterprise Corporation announced yesterday by Lloyd Longfield, Member of Parliament for Guelph.



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Energy

Geopolitical conflicts, cybersecurity and changes in energy infrastructure present rising challenges and new opportunities

Global Energy Architecture Performance Index Report 2016 ranks 126 countries on their ability to deliver secure, affordable and sustainable energy

Geneva, Switzerland – Today the World Economic Forum released the fourth edition of the Global Energy Architecture Performance Index Report. The 2016 report puts the spotlight on energy security and access. Evolution in this area is being shaped by the fast transition underway in the energy sector, with several elements playing important roles, such as the fast growth of distributed renewable energy and recent developments in digital technology and international security.

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Architecture

Best in Architecture and Design Showcased as Ontario Association of Architects Releases 2016 Design Excellence Finalists

Toronto – Demonstrating the best in architectural design and innovation, finalists of the 2016 Ontario Association of Architects (OAA) Awards feature Canada’s top projects by Ontario architects, ranging from contemporary public libraries to thoughtfully-designed private residences.

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New Car Sales

Toyota Canada Inc. Reports February Sales Results

February sales record for TCI and TCI hybrids; Fourteenth straight monthly record for TCI truck sales and seventeenth straight for Lexus

Toronto - Toyota Canada Inc. (TCI) sold 14,284 Toyota, Scion and Lexus vehicles in February, up 9.9% compared to 2015. It's a new February record, which follows a new January record that started the year.

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Metal Mining

Laurier researcher awarded $550,000 to support responsible development in northern regions

Waterloo – Wilfrid Laurier University Professor James McGeer and his research team, including associate professor Scott Smith, have been awarded $550,000 from the Natural Sciences and Engineering Research Council (NSERC) Strategic Partnership Grants program to study the impact of metal mining on Canada’s environmentally sensitive north.

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Education

New Ontario Student Grant Making Tuition Free for Tens of Thousands of Students

Queens Park - Ontario is making college and university more accessible and affordable for low- and middle-income students and their families through the single-largest modernization ever of the Ontario Student Assistance Program (OSAP).

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T for D

UNWTO and China organize First World Conference on Tourism for Development

Madrid, Spain - The World Tourism Organization (UNWTO) and the Government of the People’s Republic of China will organize the First World Conference on Tourism for Development in Beijing on 18-21 May 2016. Under the theme ‘Tourism for Peace and Development’, the event aims to kick start a high level debate on the contribution of tourism to the Sustainable Development Goals (SDGs).

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Railways

CTA Review reflects previous government’s priorities, says NFU

Saskatoon - The statutory review of the Canada Transportation Act was tabled in Parliament on February 25, 2016. The eighteen-month review required by the Act was initiated in June 2014.

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Comment

Why the Collapse of the Next Industrial Revolution?

by Naseem Javed

Now that all the brilliance of the mighty popular World Economic Forum - 2016 in Davos, themed as The Fourth Industrial Revolution, has been fully captured, streamed and indexed. It’s now time to find a revolt. The ‘Big Question’ that was never asked--was it really about the mastery of the Fourth Industrial Revolution or a politically correct murmuring of a long overdue collapse of industrialized centricity itself?

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Social Purpose Scorecard

Credit Union Unveils Helpful Tool to Enhance Social Purpose Journey

London – Credit unions will be sharing a new Social Purpose Assessment Tool across the credit union industry to assist credit unions in strategic planning, operations and management. Credit unions can use this social purpose scorecard to know where they stand against best, leading and next practices in social purpose, corporate social responsibility and values-based banking. More importantly, the scorecard also suggests practices credit unions can adopt to increase their positive impact and enhance their social purpose mission.

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Bio in Remote Areas

Portable Biodiesel Refinery on Display at GLOBE 2016

Vancouver, BC - Visitors to the GLOBE Innovation Expo will get an up-close look at a made-in-B.C. portable biofuel refinery built inside a standard 20-foot shipping container. BioCube has successfully deployed its refinery on remote sites in The Congo, in India, and elsewhere around the world to produce fossil-free fuel for heavy equipment and power generation.

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Fraud Survey

Canadians concerned about protection of personal information

Toronto - Three quarters (75 per cent) of those participating in a new survey conducted for Chartered Professional Accountants of Canada (CPA Canada) are more concerned about fraud today than they were five years ago.

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Manufacturing

Investing in New Technologies and Productivity in Southern Ontario's Manufacturing Sector

Toronto - Bardish Chagger, Minister of Small Business and Tourism, along with Ahmed Hussen, Member of Parliament for York South—Weston, highlighted the success and resilience of Canadian manufacturing. Viscor Inc. was awarded $100,000 to purchase equipment to produce the latest in lighting components for industrial, commercial, and institutional lighting markets. Acquiring new equipment helped the company become more competitive and strengthen its ability to participate in global supply chains.

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Health Care

Vitamin D supplements in pregnancy do not improve bone health of babies, but study hints at seasonal effect

Southhampton, UK - Taking vitamin D supplements during pregnancy, as recommended for all women under UK guidelines, has no significant effect on the bone density of babies, according to the first randomised controlled trial of its kind, published in The Lancet Diabetes & Endocrinology journal. However, the findings suggest vitamin D supplements may be beneficial for babies born in winter months, potentially counteracting the seasonal drop in vitamin D levels caused by a lack of sunlight.

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Ontario Budget

Are We Forgetting The Trades?

MasonryWorx is encouraged to see that the 2016 budget includes significant spending plans for institutional buildings (schools, hospitals, etc.), but has concerns about how these buildings will be completed with the shortage of skilled trades people in Ontario.

Toronto – Last week, Finance Minister Charles Sousa released the Ontario budget for 2016. The masonry industry annouinced it's "happy to see that the Ontario Government is willing to continue investing in the province through pragmatic, balanced policy".

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Global Stocks

Bombay Stocks Post Largest Single-Day Rally Since 2009

Toronto - Indian stocks posted their largest single-day point gain, in local currency terms, over the past seven years, on the back of news that the government will stay the course of fiscal consolidation and take the necessary steps to invest in development across several sectors, as detailed in the 2016-17 Union Budget.

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Service For Your Copter

Bell Helicopter and Turbomeca Offer Comprehensive Aircraft Coverage on Bell 505

Bell Helicopter’s Customer Advantage Plans coupled with Turbomeca’s Service By the Hour program provides complete aircraft and engine protection for around $300 per flight hour.

Louisville, Kentucky – Bell Helicopter a Textron Inc. company, announced a collaboration with Turbomeca (Safran, Euronext Paris : SAF) to provide a complete service option for the Bell 505 protecting the entire aircraft - including engine coverage.

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PageRanking

Billion-dollar algorithms: Laurier lecture looks at inner workings of Google PageRank

Waterloo – Wilfrid Laurier University professor Ilias Kotsireas, from the Department of Physics and Computer Science, will present a lecture, “Do Billionaires Compute Eigenvalues? 20 Years of Google’s PageRank Saga” on March 8 at Laurier’s Waterloo campus.




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