Share
SUBSCRIBE | DEADLINES | PREVIOUS EDITION | FEATURE STORIES




Thursday May 17, 2018

....................................................x
MONITOR


___________________________
Insurance Tipping Point

Waterloo study says insurance industry dangerously unprepared for extreme weather

As historic flooding caused by climate change devastates communities in New Brunswick and British Columbia, new research from the University of Waterloo reveals the insurance industry hasn’t considered a changing climate in their practices, putting homeowners at financial risk.


___________________________
Innovation Week

Rideau Hall Foundation launches inaugural Canadian Innovation Week

To coincide with Canadian Innovation Week, the RHF has launched Canadian Innovation Space

Ottawa - As part of its commitment to strengthening Canada's culture of innovation, the Rideau Hall Foundation (RHF) proudly introduces the first annual Canadian Innovation Week (May 22-31). The week will bring together partners and stakeholders from the innovation ecosystem to connect, cultivate and celebrate Canadian innovation.


___________________________
Guelph Excellence Awards

Robin-Lee Norris to Receive Lifetime Achievement Award

Guelph - On June 28, the Guelph Chamber of Commerce will join leaders in business, government and community to celebrate the achievements of outstanding local businesses, organizations and individuals at the 2018 Guelph Awards of Excellence Gala. Robin-Lee Norris, an accomplished business and community leader, will receive the Lifetime Achievement Award from the Guelph Chamber of Commerce at this gala event.





___________________________
Recognition - Updated

KWAR’s Top Honours Presented at Member Appreciation Gala

Dieter Wolle named Honorary Member; Karen Shartun is Volunteer Award Recipient; Whitney & Company was recognized for being a founding member

On Friday, May 11, 2018, the Kitchener-Waterloo Association of REALTORS® (KWAR) held its Member Appreciation Gala.


___________________________
Community Engagement

City and new partners respond to huge demand for Neighbourhood Matching Grant

$60,000 earmarked for 2018 has been entirely awarded

Demand for the City of Kitchener’s Neighbourhood Matching Grant – which funds resident-led, city supported projects that renew public places and bring neighbours together – has been so overwhelming that the $60,000 previously earmarked for 2018 has been entirely awarded.


___________________________
Pensions

Ontario adopts new funding and buy-out annuity regulations, proposes funding framework for MEPPs

An in-depth look at these and other subjects are covered in the current issue of the Morneau Shepell News & Views

Morneau Shepell released the May 2018 issue of its monthly newsletter, News & Views, in which the Company looked at a number of topics including: new recommendations on default options for defined contribution pension plans, changes to medical marijuana coverage, Ontario's adoption of new funding regulations, new regulations on buy-out annuities in Ontario and a proposed target benefit multi-employer pension plan funding framework in Ontario.


___________________________
Family Enterprise

The Family Enterprise Xchange Foundation Announces The Launch of The Leadership Council

Oakville – James Burton, Chair, Family Enterprise Xchange Foundation and Bill Brushett, President & CEO announced the launch of the Foundation’s Leadership Council, with the appointment of Olivier de Richoufftz, Robert Nason, Wendy Sage-Hayward, and Ruth Steverlynck.


___________________________
2018 Provincial Election

This is not a debate!

Meet the Candidates Forums on social issues and democratic reform.

Kitchener - The Social Development Centre Waterloo Region and its partners from social justice and environmental groups are organizing Meet the Candidates forums for the upcoming provincial election. These sessions are organized in a participatory format and will focus on social issues, such as income security, housing, health care, as well as democratic reform through electoral reform and environmental justice.





....................................................x
COLUMNS & COMMENTS


______________________________
Multi-Generational Management

Leadership Strategy in the Five-Generation Workplace

by Melanie Taylor
We are embarking on an exciting, yet challenging time in our organizations; for the first time in history, five generations will be working side-by-side. Each of the five has its own general traits and characteristics. Core values, work ethic, communication style, and feedback needs tend to be similar within a generation; however, these can vary greatly between the cohorts. Despite the differences, there are important similarities across the generations, including the expectation of job satisfaction, feeling valued, and having their needs met, whatever those needs may be.


___________________________
Housing

Barriers to Housing Supply Adding Six-Figure Sticker Shock – C.D. Howe Institute

Barriers to increasing housing supply, many stemming from excessive regulation, are driving up the price of homes in Canadian cities by six figures, finds a new report from the C.D. Howe Institute. In “Through the Roof: The High Cost of Barriers to Building New Housing in Canadian Municipalities” authors Benjamin Dachis and Vincent Thivierge calculate that the extra costs on new housing range from an average $229,000 in the eight most restrictive cities to $600,000 in Vancouver.





___________________________
Where to Draw the Line

Pipeline obstructionism costing Canada billions

According to a recent Fraser Institute study, lack of pipeline capacity will cost Canadian oil producers $15.8 billion this year - By Elmira Aliakbari and Ashley Stedman, The Fraser Institute

Canada's need for new pipelines is critical. The recent decision by Kinder Morgan, one of the largest energy infrastructure companies in North America, to halt all "non-essential spending" on the Trans Mountain pipeline expansion - which would run from Alberta, through British Columbia, to the coast - made headlines across the country.


___________________________
Methodology for Science

Scientists must be free to learn, to speak and to challenge

"You do not mess with something so fundamental, so precious, as science," says Kirsty Duncan, Canada's first Minister of Science. In a heartfelt, inspiring talk about pushing boundaries, she makes the case that researchers must be free to present uncomfortable truths and challenge the thinking of the day -- and that we all have a duty to speak up when we see science being stifled or suppressed.


___________________________
Economy

The (Mostly) Long and Short of Potential Output

Remarks by Lawrence Schembri - Deputy Governor, Ottawa Economics Association and CFA Society Ottawa

An important, if sometimes underappreciated, purpose of central bank speeches is to help the public understand what we are trying to achieve, and why. A greater understanding of our monetary policy actions helps make them more effective. And as a public institution, we have an obligation to highlight and demystify the concepts that guide our thinking in a way that all interested citizens, not just the experts in this room, can grasp.





....................................................x
RESEARCH & EDUCATION


___________________________
AI & Health

Researchers combine wearable technology and AI to predict the onset of health problems

A team of Waterloo researchers found that applying artificial intelligence to the right combination of data retrieved from wearable technology may detect whether your health is failing. The study, which involved researchers from Waterloo’s Faculties of Applied Health Sciences and Engineering, found that the data from wearable sensors and artificial intelligence that assesses changes in aerobic responses could one day predict whether a person is experiencing the onset of a respiratory or cardiovascular disease.


___________________________
Environment

Earthquakes between Halle and Leipzig in 2015 and 2017: A new study records deep processes for the first time and assesses the impact of possible damage to the metropolitan region

A team of scientists from Potsdam, Leipzig, Halle and Hanover has investigated the cause of unusually deep earthquakes in 2015 and 2017 in the Leipzig-Halle metropolitan region in a current study now published in the "Journal of Seismology". For their research geophysicists from the University of Leipzig, the State Office for Geology and Mining in Halle and scientists from the Federal Institute for Geosciences and Natural Resources Hannover (BGR) under the leadership of the GFZ German Research Centre for Geosciences in Potsdam have applied new methods. For the first time ever, this makes it possible to unravel details of the fracture mechanics of these weak quakes and to place them in a tectonic context. This indicates that large-scale geological fault systems between Halle and Leipzig, which run through the entire Earth's crust and which were previously classified as inactive, could be reactivated by earthquakes.


___________________________
Resident-led Community

Waterloo Council approves neighbourhood strategy

Waterloo city councillors have approved its first neighbourhood strategy, which outlines what the city will do over the next five years to support resident-led community building in Waterloo’s neighbourhoods. “Waterloo residents are proud of where they live,” says Mayor Dave Jaworsky. “This strategy, which was developed with residents, identifies the tools needed to increase connection and belonging in our neighbourhoods. It charts the way forward for an even friendlier Waterloo.”


___________________________
Productivity & Hiring

The High Price of a Low Performer

Survey: Canadian Managers Spend at Least One Full Day a Week Addressing Subpar Work

An employee who can't keep up with work takes a heavier toll on a business than some may think, new research suggests. Global staffing firm Robert Half recently asked CFOs in Canada to estimate how much time is spent coaching underperforming employees. The answer: 21 per cent of working hours, on average – that's just over eight hours out of a 40-hour workweek. Finance executives also acknowledged that hiring mistakes negatively affect team morale.


___________________________
Entrepreneurship

The Best Cities for Young Entrepreneurs

Study reveals top cities for startup opportunities, based on the Business Ecosystem and appeal to Millennials; San Fransisco, USA is the best city for young entrepreneurs, with a thriving startup scene and low unemployment; Seven US cities feature in the top ten for Business Ecosystem; Amsterdam, Netherlands only Western European city to feature in top 20 for Business Ecosystem.

Berlin, Germany - Furnished apartment search engine, Nestpick, has released a study revealing the top 110 cities for entrepreneurial millennials, based on factors such as startup ecosystem, and employment. The results are released as part of the larger Millennial City Ranking, which Nestpick released for the second year running earlier in 2018. Nestpick conducted this study in order to pinpoint which cities are successfully attracting this generation, and therefore a core future workforce.


....................................................x
WATERCOOLER


___________________________
Leadership Change

Green Economy Canada seeking new Executive Director in time of growth

Ten years since piloting the first Green Economy Hub at Sustainable Waterloo Region, and after five years of supporting the launch and growth of additional Hubs across Ontario, Mike Morrice (Exchange Cover from 2009) has made a decision to step away and make way for new leadership at Green Economy Canada (formerly Sustainability CoLab). We would like to thank him for his tremendous contributions over the past decade towards building a more sustainable economy and, in particular, in leading Green Economy Canada to where it is today.


___________________________
Fund Raiser

Shred Day: Protect your privacy and support a Regional Partner.

Shred Day in Cambridge offers peace of mind and an opportunity to support your community.

Waterloo Region - While many might consider identity theft to be a crime committed by secretive and brilliant computer hackers, it can also be very low tech. It can be as simple as sifting through your mail.


___________________________
Resident-led Community

Waterloo Council approves neighbourhood strategy

Waterloo city councillors have approved its first neighbourhood strategy, which outlines what the city will do over the next five years to support resident-led community building in Waterloo’s neighbourhoods. “Waterloo residents are proud of where they live,” says Mayor Dave Jaworsky. “This strategy, which was developed with residents, identifies the tools needed to increase connection and belonging in our neighbourhoods. It charts the way forward for an even friendlier Waterloo.”


___________________________
Outdoors

Pedalling Through Waterloo Region

Competitive or leisure, the scenery just looks better on the back of a bike

Waterloo — The Ontario Provincial Road Racing Championships are coming to Waterloo Region in June, highlighting the fantastic cycling opportunities across the region. Whether a competitive cyclist or just out for a enjoyable trek through pastoral countryside, the cycling in Waterloo runs the gamut from urban streetscapes to quaint villages, meandering rivers to forested lands.







....................................................x
EVENTS


___________________________
May 24, 2018

CFFB GALA AWARDS DINNER & DANCE

Join the CFFB on May24th as they celebrate the 20th Anniversary of CFFB by honouring family businesses for their successes! This highly anticipated gala evening recognizes innovation, inspiration and dedication to building strong families and better businesses. Plan your night so you are able to stay for our “After Party” and dancing!


___________________________
May 26, 2018

Distillation - The Essence of Waterloo

Projected photographs from juried Art$Pay photographers will be matched with local accompanists for an amazing one day only performance of sight and sound at the CIGI auditorium - AND - special presentation of selected photographs submitted by local secondary and post-secondary students on this theme.


____________________
June 8, 2018

WEAR RED for the heart of the women you love!



Heart Disease is the leading cause of premature death among Canadian women, claiming the life of 25,000 each year. That's more than the five most prevalent cancers COMBINED. It could be you, your sister, your mother, your friend. You can help. St. Mary's RedDAY is an opportunity to come together as a community to raise awareness of this serious health risk and how it can be prevented. On Friday June 8th, WEAR RED for the hearts of the women you love! Register your participation.


____________________
July 12, 2018

OpenText Announces Inaugural Women in Technology Summit at OpenText Enterprise World 2018 in Toronto

Former U.S. Chief Technology Officer Megan Smith Leads an Inspiring Full-Day Lineup of Prominent Speakers and Panel Discussions

Waterloo – OpenText™, the global leader in Enterprise Information Management (EIM), announced its inaugural OpenText Women in Technology Summit at this year’s Enterprise World conference in Toronto, Ontario. In recognition of International Women’s Day and a global call to Press for Progress, OpenText is releasing its lineup of prominent speakers who will focus their talks on the opportunities and challenges of achieving diversity in the technology sector. OpenText Vice Chair, CEO and CTO Mark J. Barrenechea also released a blog on Press for Progress.


____________________
August 20-22, 2018

Apparel Textile Sourcing Canada Show to Double in Size, Add New Categories in 2018

Popular China Brand Show to make Canadian debut as part of apparel textile event, drawing visitors from wide range of industry categories

Toronto - The Canadian apparel and textile industry got a boost last week with the announcement that the Apparel Textile Sourcing Canada (ATSC) show will double in size for 2018 and expand to include additional categories such as accessories, giftware, home electronics, footwear, luggage and housewares and general merchandise.




Not a Subscriber? Receive more articles on business issues

contact us

Publisher is Exchange Business Communication Inc.
No part of this article may be reproduced without written permission from the publisher.
Email Publisher

ISSN 0824-45
Copyright, 2018