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Published Tuesday July 25, 2017
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MONITOR

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Start-Ups

Frost-protection for crops wins cold cash at Velocity Fund Finals


A biotechnology company that created a spray that helps farmers and growers protect crops from frost damage was among the big winners at the Velocity Fund Finals held today at the University of Waterloo. Velocity is a comprehensive entrepreneurship program at Waterloo.

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Recognition

Province recognizes Laurier PhD student’s research on traumatic brain injury from intimate-partner violence

Waterloo – Halina (Lin) Haag, a doctoral student in Wilfrid Laurier University’s Lyle S. Hallman Faculty of Social Work, is a recipient of the 2017-18 Ontario Women’s Health Scholars Awards, funded by the Ontario government and administered by the Council of Ontario Universities (COU).

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Transportation

Waterloop unveils new Hyperloop pod in advance of competition

Waterloop, a student design team at the University of the Waterloo, unveiled to the public the new prototype they designed and built for the upcoming SpaceX Hyperloop competition.

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Technology

Sandvine's OutReach Powers Vivo App Store in Brazil

Sandvine, announced that Vivo Brazil is using Sandvine's OutReach product to power a flexible and dynamic content portal called the Vivo App Store. OutReach has been successfully powering the Vivo App Store since 2016.

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Chart of the Week

Down It Goes

The US Dollar index ended the week at a new 52-week low, down against every major currency in 2017.

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Book

Eight Subscription Companies Worth Watching: Why They Are Growing and What They're Doing Right

The best subscription companies don't just thrive; they excel at solving an ongoing problem for subscribers and help them achieve their goals.

In recent years, the Membership Economy has been disrupting the old methods of doing business in a major way. Essentially, companies focus on long-term relationships rather than short-term profits, and customers respond with "forever transactions." It's all part of a major paradigm shift in which many businesses are rethinking how they fit into the lives of their customers and leveraging the power of network and community in entirely new ways. Subscription-based companies are at the center of this change—and no one is more excited about what they're achieving than business consultant Robbie Kellman Baxter.

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Share

OLG Makes Quarterly Payment to Centre Wellington

The Ontario Lottery and Gaming Corporation (OLG) issued a first-quarter (April to June, 2017) non-tax gaming revenue payment of $597,953 to the Township of Centre Wellington for hosting OLG Slots at Grand River Raceway. Since December 2003, Centre Wellington has received more than $27.3 million in non-tax gaming revenue.



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DEVELOPMENTS

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Innovation Lab

Kitchener’s new innovation lab director brings passion for vision, big ideas to the City

Karl Allen-Muncey a talented, inspiring leader says Mayor Berry Vrbanovic

The City of Kitchener announced that Karl Allen-Muncey (right) will join the city as its innovation lab director on September 5, 2017. Allen-Muncey is well known in Waterloo Region as a creative thinker, entrepreneur and new media and technology expert. “Karl’s passion for big ideas, and his passion for this community make him the ideal choice as the first director of Kitchener’s innovation lab,” said Mayor Berry Vrbanovic. “Karl’s understanding of the role that technology and innovation can play in the city’s relationship with citizens and the services we provide them will be a key strength for the success of this role.”

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Appointment

New Chief Executive Officer Appointed to lead The Ontario Trillium Foundation

The Ontario Trillium Foundation's Board of Directors is pleased to announce that it has appointed Katharine Bambrick (Schmidt) as the new Chief Executive Officer, effective September 11, 2017.

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Data Hub

Local Data Hub Launched in Cambridge

Standardized metrics catalyst for local and global change

The City of Cambridge, Ontario, Canada has been selected by the World Council of City Data (WCCD) to be one of the first of a global network of Local Data Hubs using city data to drive change. The launch of the Cambridge-WCCD Local Data Hub, along with seven other hubs worldwide, was announced during a forum this week at the United Nations (UN) in New York City on sustainable development.

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Labour Reforms

Survey finds New Workplace Legislation a Mixed Bag for Ontario Employers

A number of the policy changes could negatively impact Ontario's ability to compete in the global economy

The Human Resources Professionals Association released the results of a survey it conducted of its members to gather feedback and understand the impact of Bill 148 on large and small employers across Ontario.

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Building Capacity

Capacity Canada announces new partnership to strengthen communities

Capacity Canada announced a new partnership with the Suncor Energy Foundation for a unique program that aims to create strong, sustainable communities in Canada by strengthening the social profit sector. The Fueling Social Innovation program will help not-for-profit organizations build capacity in five Canadian communities over three years.

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Trade

Presentation calls for conservation of natural capital and investment in human capital

The implications of the targets set for the agri-food industry by the Federal Minister of Finance's Advisory Council on Economic Growth were the focus of a presentation by Ted Bilyea, former Chair of the Canadian Agri-Food Policy Institute (CAPI), last week at the meeting of the Canadian Federation of Agriculture in St. John's, Newfoundland.

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Venture Cap

AI accelerates in Canada: Record high investments in AI in the past five years, according to a recent report

Canadian VC-backed tech deals and funding slow down in the first half of 2017

Artificial Intelligence (AI) attracted $162M in investments across 12 deals in the first half of 2017, the highest amount of funding in Canada in the past five years, according to the MoneyTree™ Report from PwC Canada and CB Insights. Despite the record high in AI deals, investments in venture-backed companies based in Canada slowed down in the first half of 2017.

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Advocating

Guelph Chamber Advocates for Economic Impact Analysis on the Implementation of Fair Workplaces and Better Jobs Plan

Last Friday, the Guelph Chamber of Commerce made its submission to the Standing Committee on Finance and Economic Affairs. In its submission, the Chamber called on the Government of Ontario to take an evidence-based approach as it considers the implementation of the Fair Workplaces and Better Jobs Plan.

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Environment

A new model yields insights into glaciers’ retreats and advances

A University of Alaska Fairbanks study looking at the physics of tidewater glaciers has yielded new insights into what drives their retreat-and-advance cycles and the role that climate plays in these cycles. Lead author and UAF geophysics doctoral student Douglas Brinkerhoff said the study in Nature Communications reveals that shifting sediments drive the cycles among tidewater glaciers in temperate climates such as southern Alaska.

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Food Industry

Guelph Chamber Highlight’s Importance of Canada – U.S. Trade to Agri-Food Industry

The Guelph Chamber of Commerce made its submission to inform the North American Free Trade Agreement (NAFTA) renegotiation process. Canada, Mexico and the United States of America are currently preparing to renegotiate and modernize NAFTA. The Government of Canada sought the views of individuals and businesses on the renegotiation and modernization of the existing Agreement with the United States and Mexico. Given that NAFTA has been in force for over 20 years, the Government of Canada also sought information on the areas that have proved the most beneficial to Canadian exporters.




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EVENTS

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August 21-23, 2017

Vastly-Expanded Apparel Textile Sourcing Canada to Unveil Innovations in Smart Apparel and Textiles in First-of-its-Kind Showcase

Anticipation mounting for Toronto-based show, August 21-23, with exhibits already 95 percent sold, attendee registration exponentially higher than 2016

Toronto - Self-heating winter coats and boot insoles, t-shirts that monitor a person’s heart and breathing, leg bands that measure muscle performance and help prevent injuries, LED-backlit apparel and socks that improve balance.

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September 13-15

Waterloo Innovation Summit hosts forward-thinking conversations on disruptive trends

Some of the world’s foremost thinkers on disruptive technologies will gather at the University of Waterloo this September to discuss Canada’s role in the world’s next economy. Joining Canadian business, government and academic leaders at this year’s Waterloo Innovation Summit will be influential speakers from some of the world’s most cutting-edge companies and innovative schools of thought.


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Vote for Your Oktoberfest Beer

Craft Beers at Bingemans Oktoberfest

Online craft beer contest launches Bingemans’ 49th annual Bavarian celebration!

Kitchener — Summer may be just beginning, but planning is well underway for the most exciting Oktoberfest festhalle experience in Waterloo Region. With the launch of a brand new Oktoberfest website and a call out to have the people choose the beer that will be poured, Bingemans is putting together its most exciting Oktoberfest program in the 49 years it has been celebrating Bavarian culture in Waterloo Region.

Ongoing

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Ontario Food Festivals

Top 12 Food and Food Themed Summer Festivals

Pack up the family and your appetite and savour the season’s culinary delights

Festivals & Events Ontario (FEO) is thrilled to announce this year’s mouth-watering top 100 festivals that will delight your taste buds! Tickle your taste buds at any one of the delicious award-wining festivals and events this year!






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