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Monday November 2, 2009

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Ted Talks

Robert Wright: The evolution of compassion



Robert Wright uses evolutionary biology and game theory to explain why we appreciate the Golden Rule ("Do unto others..."), why we sometimes ignore it and why there’s hope that, in the near future, we might all have the compassion to follow it.


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GDP

Real gross domestic product decreased 0.1% in August 2009

Statscan - This was after being unchanged in July. Oil and gas extraction and, to a lesser extent, manufacturing were the main sources of the decline in August. Wholesale trade, agriculture and forestry also retreated. Conversely, increases in the public sector, utilities, retail trade and construction mitigated these declines.

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Human Resources

Employment quality in Canada "nose dived" in last six months

Job creation has been led by low-paying positions

TORONTO - The quality of employment in Canada has dropped significantly in the last six months, with all measures declining, finds a new report from CIBC World Markets Inc.

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US Markets

CIT Group files for bankruptcy
By Dan Wilchins and Elinor Comlay

NEW YORK (Reuters) - CIT Group Inc, a lender to hundreds of thousands of small and medium-sized businesses, filed for bankruptcy on Sunday, as the global financial crisis left it unable to fund itself and the recession clobbered its loans.

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Housing

ONTARIO HOUSING MARKETS WILL STABILIZE IN 2010

Toronto - Stable economic conditions across the province will help stabilize housing demand in 2010 according to the 2009 Fourth Quarter CMHC Housing Market Outlook - Canada Edition released today.

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Health Research

Human Genome, Glaxo lupus drug works in 2nd trial
By Toni Clarke and Ben Hirschler

BOSTON/LONDON (Reuters) - Human Genome Sciences Inc said its experimental lupus drug Benlysta was successful in a second large clinical trial, paving the way for approval of the first new treatment for the disease in 50 years.

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Health Resource

New report on tobacco use provides resource for policy leaders and advocates

WATERLOO - A collection of patterns and trends on tobacco use in Canada compiled by the new Propel Centre for Population Health Impact will help policy leaders and advocates focus their efforts on improving the health of Canadians through tobacco control.

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Retail

Holiday shoppers not likely to break the bank

Consumers continue to be cautious of discretionary spending

TORONTO - Canadian retailers should brace themselves for another challenging holiday shopping season, as recession-sapped consumers are unlikely to open their wallets too widely, too quickly, Ernst & Young says.

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Xquarterly

Co-operators General Insurance Company reports 2009 third quarter results

GUELPH - Co-operators General Insurance Company announced its consolidated financial results for the three months ended September 30, 2009. For the third quarter, Co-operators General reported a consolidated net loss of $16.1 million, compared to net income of $22.2 million for the same quarter in 2008.

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Innovation Transport

Ford and Azure Dynamics team up to deliver battery electric commercial van in 2010

The Transit Connect BEV is the first production vehicle from accelerated electric vehicle strategy, which includes Ford Focus BEV passenger car in 2011, and a next-generation hybrid and plug-in hybrid in 2012

DEARBORN, MI - Ford Motor Company announced that Azure Dynamics Corporation (TSX: AZD) has joined in a collaborative effort to deliver a pure battery electric Ford Transit Connect van for the United States and Canadian markets in 2010. Azure will integrate its Force Drive(TM) battery electric drive train in the Transit Connect van for commercial fleet and retail use.

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H1N1

BACKGROUND RATES OF ADVERSE EVENTS MUST BE TAKEN ACCOUNT OF DURING H1N1 VACCINATION CAMPAIGNS TO AVOID PUBLIC PANIC

Adverse health events—such as sudden deaths, spontaneous abortions, and Guillain-Barré syndrome—will occur in the general population whether or not they have been vaccinated against H1N1 influenza.

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2009 Auto Restructuring

Minister Clement Introduces Changes to Automotive Innovation Fund

TORONTO - At a meeting held October 30, 2009, with the Canadian Automotive Partnership Council (CAPC), Tony Clement, Minister of Industry, introduced changes to the Government of Canada's Automotive Innovation Fund (AIF) in order to increase investment in automotive research and development (R&D).

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Aquisition

Unity Life completes acquisition of insurance business of MetLife Canada

MISSISSAUGA - Unity Life of Canada, a Foresters(TM) company, announced today the completion of the assumption reinsurance agreement under which Unity Life has acquired substantially all of the insurance business of MetLife Canada, a subsidiary of MetLife, Inc.

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Prestige Car

Canadian auto journalists name Porsche Panamera Best New Prestige Car

MISSISSAUGA - The Automobile Journalists Association of Canada (AJAC) has named the new Porsche Panamera the Best New Prestige Car Over $75,000. The announcement was made at the end of AJAC's annual Canadian Car of the Year "TestFest" in Niagara-on-the-Lake, Ontario.

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Utility Vehicle

AJAC votes 2010 Subaru Outback Canada's Best New Utility Vehicle

TORONTO - The Automobile Journalists Association of Canada (AJAC) today named the all-new 2010 Subaru Outback Canada's Best New CUV/SUV under $35K. The announcement was made following AJAC's annual Canadian Car of the Year 'test fest' near Niagara, Ontario.

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Guest Column

Honesty ... Still the Best Policy
By Dr. Julia Rahn, Ph.D.

Imagine coming to work and already have collected fees, most of which is pure profit, while your business is closed. This is exactly what happens almost every day at a small golf academy in Southwestern Michigan, after the owner, in order to save on staffing costs, initiated an honesty box on the driving range.

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2009 Auto Restructuring

CAW Members at Ford Approve New Agreement

TORONTO - Thousands of CAW members working at Ford facilities in Oakville, Windsor, St. Thomas and Bramalea have voted in favour of a new agreement, ratifying the deal by 83 per cent during a series of meetings held over the past two days. The deal was reached on October 30 between the two sides.

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Writer Recognition

Shortlist announced for the Edna Staebler Award for Creative Non-Fiction

WATERLOO – Four books have been shortlisted for the 2009 Edna Staebler Award for Creative Non-Fiction. The $10,000 award, administered by Wilfrid Laurier University, encourages and recognizes Canadian writers for a first or second work of creative non-fiction that includes a Canadian locale and/or significance.

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Community

A Journey Through Addiction, Crime & Prison

In The Mind's Eye presents An Evening With Rick Osborne

Waterloo Region - The Waterloo Region Crime Prevention Council is pleased to announce In The Mind's Eye 2009 will open Tuesday, November 3, 2009 with a keynote address from Rick Osborne. Back by popular demand, Rick will share his persnal story, "A Journey Through Addiction, Crime & Prison" at Kitchener Waterloo Collegiate & Vocational School, 787 King St. West, Kitchener at 7:00 p.m. This event is free and open to the public.

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Tourism

VIA Rail Canada to boost famed transcontinental train's accessibility and appeal

MONTREAL - VIA Rail Canada announced a $19.5 million program for the reconfiguration of 12 of the stylish stainless steel passenger cars used on its western transcontinental train, the Canadian, to increase its accessibility and market appeal. The work is being funded from the $407 million allocated for passenger rail improvements under the Government of Canada's Economic Action Plan.





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