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Published Thursday October 19, 2017
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MONITOR

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Appointment

Brian Breckles named President and Chief Executive Officer for Junior Achievement Waterloo Region

Waterloo Region – Junior Achievement of Waterloo Region has appointed Brian Breckles (photo) as its new President and Chief Executive Officer. Breckles is a long-time resident of Waterloo Region, and brings a wealth of public and private sector experience to the job. His career has spanned several senior leadership roles in the post-secondary education sector and the financial services industry. He holds a BA and an MBA from Wilfrid Laurier University, where he also once served as the Director of Alumni Relations.

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Tax Proposals

New passive income rules a step forward, may be insufficient to help small firms grow

Ottawa – The Canadian Federation of Independent Business (CFIB) said that the federal government made positive changes to its passive income rules on October 18, 2017, but warns that the amendments may not be sufficient to meet the needs of many small firms working hard to become medium-sized.

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Tax Proposal

By listening to farmers Morneau is moving in the right direction

Earlier this week, Finance Minister Bill Morneau announced some modifications to his proposed changes to the Income Tax Act. The announced measures are a step in the right direction, and the government is encouraged to go further by using the guidance provided by the thousands of farmers who have provided input into the consultations.

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Tax Proposals

Private Companies — Passive Income Relief Announced

Finance Minister Bill Morneau announced that there will be no tax increase on passive investment income below a $50,000 annual threshold as part of new changes to the private company tax proposals.

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Technology

Braze Mobility unveils obstacle-detection system for wheelchairs

Braze Mobility Inc. has launched an add-on system that can transform a regular wheelchair into a "smart" wheelchair able to help prevent collisions.

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Trends

97% of Canadian finance executives plan to increase spending this year amid rising competition

Despite ever-changing market conditions, Canada's finance executives are more optimistic than global counterparts about economic growth this year

Canadian businesses are focused on spending to boost their competitive advantage this year amid an increasingly unpredictable global context, according to a 2017 survey of Canadian senior finance executives.

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BlockChain

Cats Invade World's Largest Ethereum Hackathon

CryptoKitties Breeds Hundreds of Cats in 36 Hours to Promote Blockchain Product

Over the weekend, CryptoKitties, a product that aims to bring cats to the Ethereum blockchain, had a surprise alpha launch at the world's largest Ethereum hackathon in Waterloo, Ontario, Canada. With the premise that programmable scarcity is perfect for collectibles, CryptoKitties are 256-bit genomes. Each CryptoKitty is breedable, and there are physical characteristics that can only be unlocked by siring with another CryptoKitty.

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Governance

Capacity board members heading to Fort McMurray

Members of Capacity Canada’s board of directors are taking a trip this week to Fort McMurray, Alta., to participate in the national charity’s Board Governance BootCamp for Social Profits in that community, which continues to recover after a devastating wildfire last year.

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Competition

The new age of corporate monopolies

Margrethe Vestager wants to keep European markets competitive -- which is why, on behalf of the EU, she's fined Google $2.8 billion for breaching antitrust rules, asked Apple for $15.3 billion in back taxes and investigated a range of companies, from Gazprom to Fiat, for anti-competitive practices. In an important talk about the state of the global business, she explains why markets need clear rules -- and how even the most innovative companies can become a problem when they become too dominant. "Real and fair competition has a vital role to play in building the trust we need to get the best of our societies," Vestager says. "And that starts with enforcing our rules."

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Art & Culture

CIGI and THEMUSEUM Collaborate on Cuban Photography Exhibition

Exhibition follows the life of Fidel Castro, leader of the Cuban Revolution

Kitchener – Comandante, a photography exhibition featuring a series of 30 posthumous tributes to Fidel Castro, will be on display at Centre for International Governance Innovation (CIGI) in Waterloo through December 2017. The display is a collaboration between CIGI and THEMUSEUM in downtown Kitchener.

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Education

University of Waterloo holds 115th convocation this week

The University of Waterloo will award four honorary doctorates when more than 2,300 students receive degrees at convocation ceremonies taking place this week.

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Food Service

Delivery and E-Commerce Impact Foodservice Packaging Trends

Shifts in packaging materials, recycling and changes in preparation and distribution of meals are driving other trends

Delivery and e-commerce are two major new factors influencing the findings in this year’s Trends Report from the Foodservice Packaging Institute. “Each year our Trends Report searches for common threads found throughout the entire foodservice packaging value chain. This year we discovered how focused the industry is on the demands of increased e-commerce and delivery services,” said Lynn Dyer, FPI’s president. “As delivery options rapidly expand and evolve, so must the packaging.”


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MONITOR

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Recognition

The Rt. Hon. David Johnston wins the 2018 International Horatio Alger Award

Canada's 28th Governor General to be honoured at Washington, D.C. ceremony

The Right Honourable David Johnston, Canada's 28th Governor General, has been chosen to receive the International Horatio Alger Award in 2018. The announcement was made Tuesday night at the inaugural Horatio Alger Association of Canada Excellence Gala, held in Toronto. The event raised $2.6 million for the Association's pan-Canadian scholarship program.

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Community Health

Ontario Government muzzle engineers concerned about the health of Sarnia families, First Nations say NDP

Queen's Park —On Wednesday, NDP Research and Innovation critic and Kitchener-Waterloo MPP Catherine Fife demanded that the Wynne Liberals finally start listening to government engineers instead of industry lobbyists. Since 2009, the Liberal government has ignored serious concerns raised by engineers at the Ministry of Environment and Climate Change about the health impacts of petroleum refineries operating in the Sarnia area.

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Education

Maplesoft to Host User Summits in Toronto and San Diego with Focus on Online Education

Canada and United States among five stops in Maplesoft International Summit Series

Waterloo - Maplesoft has announced an International Summit Series on online education, two of which will be in North American cities. The series of five Maple T.A. and Möbius User Summits includes stops in Toronto (November 2-3, 2017) and San Diego (January 9, 2018) and will focus on transformations in online education. Educators, long-time customers and users will gather for discussions on evolving trends and technology in online education, and hear presentations on the latest news and features of Maplesoft’s online STEM courseware platform Möbius, as well as the popular testing and assessment tool Maple T.A.

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Energy

Trudeau, Notley said yes to pipelines, while really meaning no

While telling people that they understand the importance of the pipelines, Notley and Trudeau piled up the regulatory bricks to ensure they were not viable - By Ken Green

TransCanada's withdrawal of its proposal to build the Energy East and Eastern Mainline oil pipelines is a huge loss to Canada and Canadian workers - a $16 billion project regulated to death.

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Hall of Fame

JA Waterloo Region announces Entrepreneur Hall of Fame Inductees for 2017

Waterloo Region - JA Waterloo Region is excited to announce this year’s inductees into the Entrepreneur Hall of Fame. The 2017 JA Waterloo Region Entrepreneur Hall of Fame, presented by Economical Insurance, will honour the following inductees on November 2nd:

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Industry

Fisheries Investments and Jobs at Risk

The Fisheries Council of Canada (FCC) said future investments and jobs in fisheries are being compromised by a lack of clear federal decision making. The Council, which just concluded its Annual General meeting in Ottawa, is calling on the government to live up to its commitment for openness and transparency. "Decisions based on science, collaboration, openness and transparency, this is what the government promised the Canadian seafood sector," said Bruce Chapman, a member from the Atlantic Coast, "instead we face extraordinary uncertainty with the hiring of new workers and hundreds of millions of dollars of investment now on hold."

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Art & Sport

Artistic Gymnastics to come to Waterloo

Gymnastics Canada has announced that the 2018 Canadian Championships in Artistic Gymnastics will be hosted by the Kitchener-Waterloo Gymnastics Club and the City of Waterloo from May 22-27, 2018.

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AI Report

Machine learning and AI demand fundamental changes to the Canadian workforce: new report

Joint recommendations from the Human Resources Professionals Association and Deloitte Canada call for urgent action to prepare Canadian workers for change

A pioneering report co-authored by the Human Resources Professionals Association (HRPA) and Deloitte Canada calls on Canadian policy makers and business leaders to prepare Canadian workers now for the disruption that machine learning and artificial intelligence is having on our economy.

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Energy

Energy sector competitiveness: The United States breaks new ground, Canada loses ground

The drop in oil and gas investment and the abandonment of projects like the Energy East pipeline may well get worse in Canada due to the erosion of our competitive position relative to the United States. This is the main conclusion of a Research Paper published today by the MEI.

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Study

Financial blind spots: Close to 40% of Canadians feel their financial futures are not under control

A survey commissioned by Financial Planning Standards Council (the organization that confers the Certified Financial Planner designation in Canada) evaluated the financial habits and behaviour of Canadians and found a significant number are turning a blind eye to their personal finances due to confusion, a lack of knowledge or simply being overwhelmed. The Financial Blind Spots survey, conducted by FPSC, found that four-in-10 Canadians (39%) feel they don't have their financial future under control, while three-in-10 (29%) admit they are overwhelmed with their financial options.

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Global Trends

New World Economic Forum Platform Brings Together Top Global Think Tanks to Address Geostrategic Challenges

New, and often contending, strategic narratives are shaping national, regional and global agendas; Partners to provide strategic insights on critical geopolitical and geo-economic challenges

Geneva, Switzerland – The World Economic Forum launches its Global Platform for Geostrategic Collaboration to bring together leading policy research institutions (think tanks) to engage the global public on geostrategic challenges in a multipolar world.

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Change & Innovation

Are Managers the Biggest Barriers to Innovation?

Survey: Canadian Employees Want Innovation, Daily Tasks Bog Them Down

Companies may be their own worst enemy when it comes to innovation, research suggests. In a new survey by global staffing firm Robert Half, Canadian CFOs cited being bogged down by daily tasks and putting out fires (33 per cent) and lack of new ideas (26 per cent) and as the biggest barriers to innovation. These obstacles also have the potential to hinder hiring efforts. In a separate survey, 81 per cent of workers said a company's reputation for being innovative is an important consideration when evaluating potential employers.



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EVENTS

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October 18, 2017

Recognizing Outstanding Businesses in Cambridge

The Employment Facilitation Network of Cambridge and North Dumfries (EFN ) will be hosting the 12th Annual Employer Recognition Awards Event on Wednesday, October 18 in Cambridge. This event celebrates the outstanding employers who have provided training and employment opportunities to individuals who have either faced employment difficulties or required workplace experience.

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October 21, 2017

www.parentingnow.ca to launch in Waterloo Region.

On October 21, 2017 KW Counselling Services will launch an exciting new resource for the parents and caring adults of Waterloo Region. Parenting Now is the culmination of a two-year design study, Exploring the Future of Parenting Education, and represents the amazing insights gained from talking with the parents and caring adults of Waterloo Region.

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October 24-26

Laurier-led conference to explore the history of social welfare work in Canada

Waterloo – Social welfare work throughout Canada’s history has generally been intended to help the vulnerable. Sometimes, however, it has had the opposite effect. A conference being organized by Wilfrid Laurier University’s Faculty of Social Work will critically examine the legacies of that work.

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October 27, 2017

Continuity Planning With The Next Generation of Family Business Owners

THe Centre for Family Business invites family businesses to attend their October breakfast event. At this event attendees will hear from a panel of four second generation leaders who are playing significant roles in their family businesses.

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October 27, 2017

Upcoming Community Consultation for Workplace Development

The Workforce Planning Board is in the final development stages of a new 3 year Labour Market Plan for Waterloo Wellington Dufferin. Broad community consultations have taken place over the past six months or now it’s time to come together to discuss our findings and develop action steps to be incorporated into the plan.

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November 2, 2017

JA Waterloo Region announces Entrepreneur Hall of Fame Inductees for 2017

Waterloo Region - JA Waterloo Region is excited to announce this year’s inductees into the Entrepreneur Hall of Fame. The 2017 JA Waterloo Region Entrepreneur Hall of Fame, presented by Economical Insurance, will honour the following inductees on November 2nd:

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November 2-3, 2017

Maplesoft to Host User Summits in Toronto and San Diego with Focus on Online Education

Canada and United States among five stops in Maplesoft International Summit Series

Waterloo - Maplesoft has announced an International Summit Series on online education, two of which will be in North American cities. The series of five Maple T.A. and Möbius User Summits includes stops in Toronto (November 2-3, 2017) and San Diego (January 9, 2018) and will focus on transformations in online education. Educators, long-time customers and users will gather for discussions on evolving trends and technology in online education, and hear presentations on the latest news and features of Maplesoft’s online STEM courseware platform Möbius, as well as the popular testing and assessment tool Maple T.A.






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