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____________________ Thursday July 31, 2014 ___________________

Current Issue: Exchange July/August 2014
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CASL Why - Archived Video from 2012

Gary Kovacs: Tracking the trackers

Gary Kovacs is a technologist and the former CEO of the Mozilla Corporation, where he directed the development of Firefox.

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Acquisition

Searchlight Capital Partners and partners acquire M&M Meat Shops

Acquisition brings renewed focus and vision to the future of the brand with the aim of investing millions of dollars into bolstering the business at the chain’s roughly 400 stores and reversing their sliding sales.

TORONTO - Searchlight Capital Partners, L.P. and its partners announced yesterday the acquisition of M&M Meat Shops Limited, a Canadian company based in Kitchener, Ontario. Together with the acquisition, the Company announced the appointment of a Chief Executive Officer, Andy O'Brien, and a Chief Financial Officer, Sam Florio. The investmetn compnay intends to pitch M&M’s flash-frozen steaks and key-lime pies as being fresher than many of their fresh-food retail alternatives while trying to capitalize on mainstream supermarkets that have shrunk their frozen-food aisles, Erol Uzumeri, a founding partner of Searchlight, said in an interview with the Globe and Mail.

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To Market

Thalmic Labs begins shipping motion-control armbands

Applications for the Myo armband include use in medical settings, and for wireless computing and gaming

Thalmic Labs co-founders Stephen Lake, Matthew Bailey and Aaron Grant (l-r). Photo Tenille Bonoguore University Waterloo
CBC - Thalmic Labs, a startup based in Kitchener, Ont., is shipping pre-orders of its highly anticipated Myo armband, the latest innovation in the burgeoning field of wearable tech. The device allows users to control and manipulate computers, video games, smartphones, robotic devices, drones and other technology with arm gestures and movements. The company says Myo uses a new type of biosensor, which can pick up electrical impulses in a person's arm muscles. Aaron Grant, one of the co-founders of Thalmic Labs, says over 40,000 pre-orders for the armbands have been placed. Each armband costs $149.


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Women and Finance

5 Emotions to Watch Out for in Your Relationship with Money

Understanding Underlying Feelings Can Free Women for Financial & Personal Success, Says Business Coach

Everyone has a relationship with money, but for women, it’s much more fraught with emotion, says author Meriflor Toneatto. When we avoid and ignore those emotions, we allow them to quietly guide our decision-making – which inevitably holds us back.

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Ontario Pension Plan

Province Taking the Lead in the Face of Federal Inaction

Queens Park - Ontario is taking the next step with a first-of-its-kind mandatory provincial pension plan that would build on the strengths of the Canada Pension Plan (CPP).“The federal government has consistently refused to commit to an enhancement of the CPP, so Ontario is leading the way with the ORPP. After a lifetime of hard work and contributing to the economy, Ontarians deserve better than to face lowering standards of living in retirement. Without help, that future is discouraging for many, especially since two-thirds of Ontario workers don’t have access to a workplace pension and many are unable to save enough on their own to provide for a secure retirement," said Mitzie Hunter, Associate Minister of Finance.

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Communications Column

Be an Authentic Rock Star Communicator: Four Tips

How Candor Determines Performance and Results - L.J. Rittenhouse, CEO Rittenhouse Rankings

Investors in a hotel meeting room wait to hear presentations from two utility CEOs, a widely-followed financial analyst and a respected portfolio manager. The CEOs start. Each one shows PowerPoint slides that illustrate their large companies’ “bright futures.” As they speak, people in the audience read Blackberries and Wall Street Journals.

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Marketing

Corporate Video Shows Chronological Pace of Photo Shoot

Cambridge – Coquette has just released its 2015 promo video that is making giant strides for the Canadian company. Filmed during their most recent photo shoot, the creative team shows off their talents in this corporate project. Shot during the June photo shoot, an entire week long, it consists of the newest lingerie styles to be shown in their main lookbook. The video shows a chronological piece that walks viewers through the behind the scenes process.

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Agriculture Trade

Africa the next home of an agricultural revolution

Sooner than later, Africa will matter more to us than we matter to them - By Sylvain Charlebois

Guelph - Africa is rising, but its ascent is fraught with social and political challenges. Of the 10 fastest growing current economies in the world, seven of them reside in Africa, a continent that most Westerners think of as homogenous as well as a hotbed of civil unrest and famine.

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Union Opinion

B.C. Deal with China - Another Temporary Foreign Worker Debacle?

BURNABY, BC - Federal Employment Minister Jason Kenney should nix the B.C. Liberal government's plan to use temporary foreign workers to develop the province's liquefied natural gas industry, says the United Steelworkers (USW).

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Acquisition

BlackBerry Reinforces Mobile Security Leadership with Acquisition of Secusmart

Waterloo – BlackBerry has entered into an agreement to acquire Secusmart GmbH, a leader in high-security voice and data encryption and anti-eavesdropping solutions for government organizations, enterprises and telecommunications service providers in Germany and internationally.

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Aquisition

Long Bridge Inc. Completes Acquisition of Machine Control Systems

Guelph - Long Bridge Inc. of Cambridge announce the purchase of Machine Control Systems Ltd., 90 Monarch Road, Guelph. The Long Bridge management team, consisting of John Milligan, President and Peter Beacock - General Manager, have been working with Andrew Barlow, General Manager of Machine Control Systems and their team to ensure a successful transition of ownership and integration of these two companies while maintaining a singular focus of control panel construction.

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Appointment

OpenText Appoints John Doolittle Chief Financial Officer

WATERLOO - Open Text Corporation announced the appointment of John Doolittle as Chief Financial Officer. Mr. Doolittle is a senior executive with more than 20 years of financial experience, including most recently as Chief Financial Officer (CFO) of Mattamy Homes Limited, Canada's largest new home builder, and with Nortel Networks Corporation, where he held senior global finance roles.

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Acquisition

My IT Guy Acquires Virtual Planet

Acquisition for My IT Guy Increases Web and Email Hosting Capabilities

KITCHENER – My IT Guy Corp of Kitchener, announced that it has acquired Virtual Planet Inc., a boutique web and email hosting provider based in Kitchener. The purchase of Virtual Planet increases My IT Guy's ability to service the greater Kitchener-Waterloo area.

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