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Wetsuitman

Anders Fjellberg: Two nameless bodies washed up on the beach. Here are their stories

When two bodies wearing identical wetsuits washed ashore in Norway and the Netherlands, journalist Anders Fjellberg and photographer Tomm Christiansen started a search to answer the question: who were these people? What they found and reported in Norway’s “Dagbladet” is that everybody has a name, everybody has a story and everybody is someone. For the Norwegian newspaper Dagbladet, Anders Fjellberg investigated the story of "The Wetsuitman," along with his co-author, photographer Tomm Christiansen.

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Housing

Kitchener, Waterloo and Cambridge Housing Prices Healthy in the Third Quarter of 2015

Housing market boosted by employment growth in region’s technology sector

Waterloo Region - The Royal LePage House Price Survey released yesterday showed healthy price growth across all housing types surveyed in Kitchener, Waterloo and Cambridge. During the third quarter of 2015, the aggregate price of a home in this region rose 5.9 per cent year-over-year to $346,333.

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Chart of the Week

Opex vs Capex

Kitchener - The chart below shows the changing structure of China's voracious commodity demand. Notice the commodities at the top. They are what Goldman refers to as Opex (Operational) Commodities. They are "operating" commodities; commodities consumers use/consume in their everyday lives for heat or transportation or food. The demand for these is growing dramatically as China shifts to a "consumer driven" model much like we in the West are now.

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i-performance

CiPA Announce Winners of Inaugural Smart Community Applications and Solutions Awards

Waterloo wins Citizen-Centricity and Engagement and Kitchener takes Collaboration between Social and Business Groups

Toronto - i-CANADA and its partners announced the winners of the Community i-Performance Awards (CiPA). The awards are aimed at urban and remote communities, both large and small, that have put in place the best new Canadian innovations, technologies or processes for municipality-related infrastructure, environmental, educational, health, and security or sustainability outcomes.

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Art & Culture

CIGI Community Art Contest winners and artwork announced at public awards night

Waterloo - Eleven artists from the Region of Waterloo have been awarded prizes for artworks submitted to the CIGI Community Art Contest, a local competition hosted by the Centre for International Governance Innovation (CIGI) in Waterloo.

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Small Business

Seventy percent of Canadian small businesses either not growing or in decline

The three greatest worries for small businesses are (in order), finding new customers, retaining current customers, and managing cash flow.

Toronto - A recent national poll of 350 small businesses in Canada has revealed that their owners have three main worries; acquiring new customers, maintaining current customers, and managing cash flow. Published in the first-ever Lendified Canadian Small Business Index (The Lendified Index), the poll also found that 7 in 10 small businesses were either not growing or in decline. As well, 48% of business owners either rely on their personal lines of credit or use them regularly to manage cash flow.

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Non-Residential

Investment in non-residential building construction, third quarter 2015

Investment in non-residential building construction $12.9 billion in the third quarter 2015

Ottawa - Investment in non-residential building construction amounted to $12.9 billion in the third quarter, down 0.5% from the previous quarter. This was the third consecutive quarterly decline and largely reflected lower spending on the construction of commercial and industrial buildings.

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Health Care

Study quantifies threat of rising antibiotic resistance on surgery and chemotherapy

A 30% reduction in the efficacy of antibiotic prophylaxis could result in 120000 additional infections and 6300 infection-related deaths every year in the USA alone

Washington - Researchers report the strongest evidence yet that rising antibiotic resistance could have disastrous consequences for patients undergoing surgery or cancer chemotherapy. New estimates published in The Lancet Infectious Diseases journal suggest that up to half of infections after surgery and over a quarter of infections after chemotherapy are caused by organisms already resistant to standard prophylactic antibiotics in the USA.

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Operating Revenue

Consulting services for 2013

Ottawa - The management, scientific and technical consulting services industry group in Canada reported $17.3 billion in operating revenue and $12.4 billion in operating expenses in 2013, resulting in an operating profit margin of 28.4%.

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Acquisition

Scotiabank to Acquire JPMorgan Chase Credit Card Portfolio in Canada

The Credit Card Portfolio Includes Approximately 2 Million Active Customers and $1.7 Billion in Outstanding Receivables; Scotiabank to Become the First Bank in Canada to Offer Customers All Three Leading Credit Card Brands: Visa, AMEX, and MasterCard

Toronto - The Bank of Nova Scotia and JPMorgan Chase Bank, N.A. announced that the two companies have reached an agreement under which Scotiabank will acquire a MasterCard and private label credit card portfolio and the related credit card operations from JPMorgan Chase. The terms of the transaction are not financially material to Scotiabank or JPMorgan Chase. Scotiabank's common equity tier one capital ratio will be impacted by less than 10 basis points, primarily from the acquired assets. The acquisition will be accretive to Scotiabank's earnings in year one. This agreement is subject to regulatory approval.

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Top University

Waterloo is top research university among comprehensives for eighth straight year

Waterloo - The University of Waterloo is Research University of the Year among Canadian comprehensive universities eight years running, according to rankings that Research Infosource released yesterday.

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New Smartphone

Blackberry Introduces The World’s first BlackBerry Secure Smartphone Powered by Android

Waterloo - Priv has the authentic BlackBerry keyboard, legendary security, streamlined communications and productivity, combined with the wide world of Google Play™ store apps. It has been engineered with the world’s finest technology, and packaged in an ultra-thin, ergonomically perfect device with a keyboard hidden by SmartSlide technology.

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TPP Agriculture View Point

Trade agreements and food sovereignty don’t mix, says NFU

Saskatoon - On October 16, 1945, the United Nations Food and Agriculture Organization (FAO) was founded in Quebec City. World Food Day commemorates the occasion by celebrating the FAO’s mission to promote international cooperation to combat hunger, rural poverty, disempowerment and public apathy regarding these issues.

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Community

Lemonade gets neighbourhoods talking

Kitchener - What a summer! Kitchener’s neighbourhood strategy project team was at 27 events across the city, serving nearly 2,000 cups of lemonade. Now that's refreshing! More importantly, the project team received 1,308 surveys with important feedback on supporting safe and thriving neighbourhoods.

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Next Week

Local Government Week 2015

Waterloo Region - Local Government Week, taking place October 18-24, is a one-week school focussed campaign intended to celebrate the key role that Ontario municipal governments play in helping to define the character, priorities, amenities and physical make-up of Ontario’s diverse communities.

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This Weekend

Go ENG Girl this weekend

Waterloo - More than 100 girls in Grades 7 through 10 and their parents will attend Go ENG Girl at the University of Waterloo campus this weekend. The students will take part in hands-on learning activities such as building a rollercoaster and developing a medication coating that dissolves easily. They will also hear about the different programs of engineering study and exciting career opportunities in the field.


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