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Thursday October 18, 2018

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MONITOR

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Investment

KPMG renews commitment to Lazaridis accounting program at Laurier with a donation of $250,000

KPMG announced its renewed support for the accounting area at Wilfrid Laurier University’s Lazaridis School of Business & Economics with a $250,000 donation to the university Oct. 16. “Years before they choose their professions, our future leaders depend on the process of self-discovery and learning that academic programs like Laurier’s Lazaridis School of Business & Economics provide,” said Mary Jo Fedy, managing partner, KPMG LLP Waterloo office. “That’s why KPMG Foundation supports undergraduate and graduate business programs. Our firm's contribution is just one way we can help inspire young people to develop to their full potential.”


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Report

New report provides insight into the status of women in the arts in Canada

The Ontario Arts Council (OAC) has released The status of women in the Canadian arts and cultural industries: Research review 2010–18, a report commissioned from a research team led by Dr. Amanda Coles, a Canadian on faculty at Australia’s Deakin University. This report provides an important synthesis of existing research on the status of women in the arts in Ontario and Canada.The majority of existing research focuses on specific sectors (such as media arts/screen, theatre, etc.), rather than addressing the arts and cultural industries as a whole.


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Global Trade

“We must preserve what we have, even as we work to improve it”

In a speech delivered in London on 17 October, Director-General Roberto Azevêdo said that despite its imperfections, the multilateral trading system has delivered stability and predictability in commercial relations and helped fuel unprecedented growth and development around the world. “Let’s work together to shape the trading system that we want to see — one which can meet the challenges of today, and which continues to serve our economies and communities for generations to come,” he declared. The DG spoke at the inaugural International Trade Banquet hosted by the Lord Mayor of London, together with Secretary of State Liam Fox. This is what he said:


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Global Competitiveness

Changing Nature of Competitiveness Poses Challenges for Future of the Global Economy

The World Economic Forum’s annual study on the global economy finds a competitiveness landscape radically altered by the impact of the Fourth Industrial Revolution Under the new framework for competitiveness, the U.S. economy is the closest to the “competitiveness frontier”, followed by Singapore, Germany, Switzerland and Japan

The changing nature of economic competitiveness in a world that is becoming increasingly transformed by new, digital technologies is creating a new set of challenges for governments and businesses, which collectively run the risk of having a negative impact on future growth and productivity. This is the key finding of the World Economic Forum’s Global Competitiveness Report.


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Study

Canadian Parents Concerned About the Impact of Artificial Intelligence on Future Careers

Only 1 in 4 parents believe that AI will make life better

Parents in Canada are concerned about the future impact of artificial intelligence (AI) and robots on their children's lives, HSBC's The Value of Education - The Price of Success report reveals. Almost two out of five parents (38 per cent) are worried about the impact it will have on their child's future career.





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Co-creation

Investment in Arts & Culture Professionals for Waterloo Region

THEMUSEUM’s Second Annual Alternative Conference Receives $60K Boost

RBC announced that as part of their RBC Future Launch program, they are donating $60,000 over a three-year period to THEMUSEUM to support the Annual Alternative Conference. RBC Future launch is a catalyst for change – bringing people together to co-create solutions so young people are better prepared for the future of work. It is an initiative that invests in helping young people gain access and opportunity to the skills, job experience and career networks needed for the future world of work. RBC supported the event last year that attracted 70 people; this latest contribution ensures the accessibility and sustainability of the event.


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Cannabis

Statement from the Finance Minister on the Passage of the Cannabis Statute Law Amendment Act, 2018

The Honourable Vic Fedeli, Finance Minister, made the following statement on the passage of the Cannabis Statute Law Amendment Act, 2018:

"As a result of federal legislation, recreational cannabis became legal in the province of Ontario and across Canada today. With the passage of the Cannabis Statute Law Amendment Act, 2018, the Ontario government will:


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Change

Laurier positive psychology instructor says negative emotions integral to well-being

We’ve all been there: a big project comes back with a disappointing grade. We experience hurt in a relationship. Someone cuts us off in traffic. Any of these situations could cause us to feel a number of negative emotions – disappointment, frustration, even anger. According to Wilfrid Laurier University instructor Meghan Kirwin, experiencing these feelings is key to thriving.


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Recognition

Terry Davis and Stew Gingrich Inducted into Home Hardware Stores Limited Builders' Circle

Terry Davis, President and Chief Executive Officer of Home Hardware Stores Limited as well as Stew Gingrich, Vice-President, Human Resources were inducted into the Home Hardware Stores Limited Builders’ Circle this fall. The Builders’ Circle program was launched in commemoration of Home’s 50th anniversary in 2014 to honour and recognize retired members of the Board of Directors and Corporate Officers of Home Hardware Stores Limited for their past service; those who have


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Progress & Direction

Sell the Vision by Engaging the Team

by Murray Smith

In his classic The 7 Habits of Highly Effective People, Stephen Covey relates a parable about the importance of vision and leadership: A group of machete-wielding workers are cutting a path through dense jungle. It is hard, hot work. After some time, a leader climbs a tall tree to take a bearing. He discovers that the workers have drifted off course and calls down to them, “Stop cutting, you are going in the wrong direction.” And the workers reply, “Shut up. We are making progress.”


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Innovation

Volvo Cars Introduces Canada's First-Ever Vehicle Subscription Service

Click, Subscribe, Drive: Canadians can now subscribe to a new Volvo via their smartphones in less than ten minutes

Today, Volvo Cars is taking a bold step forward in the evolution of car ownership by launching CARE BY VOLVO in Canada. With technology changing the very nature of what it means to own a car, Volvo is embracing a new, streamlined approach to car ownership by offering its first subscription-based program.





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Innovation

All you can eat, including the packaging?

A strong case for taste and food safety will have to be made before consumers will be willing to eat their garbage - By Sylvain Charlebois

Within a year, single-use plastics and excess packaging have become public enemy No. 1. Everyone is talking about how our lives are overrun by too much plastic. A recent Greenpeace-led audit looked at waterways waste and companies involved. Much of the plastic trash cleaned up from Canadian shorelines this fall was traceable to five companies: Nestlé, Tim Hortons, PepsiCo, the Coca-Cola Co. and McDonald's. All these companies are part of the food industry, which is hardly surprising.


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Change

Guelph-Wellington to create Canada’s first food smart community

The City of Guelph and County of Wellington are partners in Our Food Future, a bold vision of a sustainable and thriving food economy that contributes new jobs, and values the planet, health, equity and dignity for everyone. Today, to coincide with World Food Day—an event that increases awareness of world hunger and inspires solutions for world change—the partners are launching a public awareness campaign and period of engagement with Guelph and Wellington communities.


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Connections & AI

Why we have an emotional connection to robots

We're far from developing robots that feel emotions, but we already have feelings towards them, says robot ethicist Kate Darling, and an instinct like that can have consequences. Learn more about how we're biologically hardwired to project intent and life onto machines -- and how it might help us better understand ourselves. Kate Darling investigates the relationship between humans and robots — now, and in the future.


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Non-profits

#CD4SG boosting social good nationwide

A new day has arrived to promote social good across Canada.

Capacity Canada, in partnership with Conestoga College, Alchemy Systems, Him & Her, Manulife, and the local creative community, will provide free design and marketing work to 21 non-profit organizations across Canada through Creative Day for Social Good (CD4SG).


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Tourism

Creating Smart Cities for Innovative Tourism Experiences

The UNWTO Conference on City Breaks: Creating Innovative Tourism Experiences (15-16 October 2018) concluded today in Valladolid, Spain, with a call for cities to become smart tourism destinations, where tourism governance and the digital economy mesh together to offer travellers diverse and authentic experiences.


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Development Fund

FinDev Canada and Finnfund sign cooperation agreement to advance the Sustainable Development Goals

The Development Finance Institutions will seek joint engagement opportunities and collaborate on best practices to contribute to the SDGs. The Development Finance Institutions (DFIs) of Canada and Finland, FinDev Canada and Finnfund, signed a Memorandum of Understanding (MoU) to foster cooperation to advance the Sustainable Development Goals.


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Finance - Global Change

UK Businesses Call on Banks to Step Up Innovation, Offer Open Banking Services

With one in six small to medium-sized enterprises ready to switch accounts, new research shows Open Banking, centralised banking apps and streamlined digital services are the key to encouraging competition in the market

A new study by Unisys Corporation exploring the attitudes of UK-based small to medium-sized enterprises (SME) about their banking providers reveals that, while business owners have high-levels of satisfaction with their financial institutions, many still express significant frustration with the banking technology offered, which inhibits them from accessing the banking services they require. Surveying over 450 SME owners in the UK, innovative banking services were cited as the biggest demand, highlighting an opportunity for banks to encourage SMEs to switch providers.






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Keeping The Earth

5 transformational policies for a prosperous and sustainable world

Johan Rockström works to redefine sustainable development.

In a talk about how we can build a robust future without wrecking the planet, sustainability expert Johan Rockström debuts the Earth3 model -- a new methodology that combines the UN Sustainable Development Goals with the nine planetary boundaries, beyond which earth's vital systems could become unstable. Learn more about five transformational policies that could help us achieve inclusive and prosperous world development while keeping the earth stable and resilient.


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Education

Peel board to offer the first skilled trades program of its kind in Peel

Colleges Ontario forecasts that by 2030 the province will face a skilled trades shortage of more than 500,000 workers.

Beginning September 2019, West Credit Secondary School will be home to the Peel District School Board's first Regional Skilled Trades program. The hands-on Regional Skilled Trades program provides experiential learning and career exploration opportunities while preparing students to meet skilled trades labour force demands locally, regionally and provincially.


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Future Market Report

Is Canada still open for Business?

The world market and requirements for Canadian companies to be competitive have changed rapidly in recent years but our tax system and regulatory framework have stood still. The last Royal Commission on taxation occurred in 1962 — seven years before humankind landed on the moon.


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Cap & Trade

FAO Esitmates Cancelling Cap and Trade Will Worsen Ontario's Budget

With the intent of leaving more money for businesses to invest in growth and regain confidence in Ontario's Economy, Fed's have a different plan with their carbon pricing plan

On Tuesday, Peter Weltman, Ontario’s Financial Accountability Officer, released A Financial Review of the Decision to Cancel the Cap and Trade Program. By cancelling the cap and trade program, the Province’s annual budget balance will worsen by a cumulative total of $3.0 billion over the next four years. “This deterioration in the government’s budget balance occurs because the loss of cap and trade revenues will exceed the savings from cancelling the related spending programs” says Weltman.



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WATERCOOLER


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Election

Waterloo breaks record for advance voting

More than 2,500 people voted in advance of the Oct. 22 municipal election, marking an estimated seven percent increase over the advance poll results of 2014, and an estimated 21 per cent increase over the advance poll results in 2010. Waterloo held five different advance polls, which resulted in 2,540 residents casting their ballots. This compares favourably to the 2,371 people who voted in advance in 2014 and 1,979 people in 2010.


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Health Care

A New Mission for the London Children’s Hospital

Children’s Health Foundation launches new fundraising initiative – Miracle Mission.

Miracle Mission is the latest fundraising initiative for Children’s Hospital, London Health Sciences Centre, launched on October 18 by Children’s Health Foundation. The mission, should the community choose to accept it, will be raising funds for much-needed equipment and value-added programs at the hospital.


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Grand Opening

Conestoga College celebrates grand opening of new Waterloo campus

Industry and community partners, current and former students and local dignitaries will join in the celebration as Conestoga marks the grand opening of its newly expanded campus in Waterloo at a special evening event tonight.



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EVENTS


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October 24, 2018

Partners in Prevention Health & Safety Southwestern
Conference

Bringing the Latest OH&S Updates to Your Community

The Canadian health and safety landscape is constantly changing. Whether it’s new legislation, innovations in technology, quality and safety standards, changing demographics or workplace culture, today’s health and safety community is challenged with staying ahead of the curve.


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November 8, 2018

Discover Rockway - Gr. 7-12 Open House

This event is an opportunity to see Rockway in action, meet the faculty, administration, parents and students and see why Rockway might be the right place for your family. Join us! Register at Rockway.ca


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November 8, 2018

The ultimate bowling and networking fundraiser



Brought to you by Grand River Hospital Foundation

Join us for The Grand Social Series: After-Work Edition! Bring your coworkers or employees for a night of bowling and networking! The fun gets rolling at 5 p.m. on Thursday, November 8, 2018 at Kingpin Bowlounge. Limited spots available so get your tickets soon! Proceeds support the children’s program at Grand River Hospital.


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November 13, 2018

SVP Waterloo Region Kicks Off Perfect Pitch Workshop for Charities Wrap Up Event

It’s not just tech companies that need to know how to pitch. Social Venture Partners Waterloo Region (SVPWR) announced the first pitch workshop for charities in Waterloo Region: Perfect Pitch. The Perfect Pitch workshop kicks off in September, and six charities will receive guidance from dedicated coaches from the business and tech/startup worlds in Waterloo Region. These charities will build their ability to tell their organization’s story with power and clarity. The workshop series will wrap up with an exciting Perfect Pitch event on Tuesday, November 13. That evening, the charities will take the stage in front of community members and judges with real cash awards on the line. For extra fun, during the evening, each audience member can decide which of the six charities receives proceeds from their admission ticket.





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Copyright, 2018