8
MAY 2005 l exchangemagazine.com l 25 M en in Shorts – a bone-chilling fundraiser for the Children’s Wish Foundation organized by a band of merry courier drivers from Purolator’s Guelph terminal, is proud to announce that they raised $23,039 in the 2004-05 campaign. Now in its fifth consecutive year, Men in Shorts has raised a total of $74,400 for the Children’s Wish Foundation of Canada. “The eight men and one woman braved skin-freezing temperatures this winter, some days down to -27 degrees Celsius,” says Mike Heiner, organizer of the event. Heiner, amazed by the innovative ways employees raised funds at their work, has worked hard to raise the Men in Shorts’ profile each year. New to the project this year was Purolator head office, who helped out by creating awareness of the event prior to the launch. “Such a feat couldn’t be accomplished without the sup- port of everyone at the Purolator Guelph Terminal,” stated Heiner. “Over the past five years we’ve created many smiles and memories for children whose wishes have been granted. Look for us when the weather turns cold – November- December 2005.” There is no projected lack of skilled tradespeople in Waterloo-Wellington. There’s "no skill trade shortage; the community will not be impaired," said Professor Larry Smith, at the Skills Projection 2015 launch lunch organized by the Waterloo Wellington Training Adjustment Board (WWTAB). But Smith was quick to acknowledge this was in no way a statement calling for any less effort in the attrac- tion of migration into the Waterloo-Wellington area. Put simply, Smith said, "If we did not have the migration that we have, this community would not be as affluent." A report issued at the launch highlights only four trades out of 65 listed as con- cerns for under-supply of tradespeople: "boilermaker, machine tool builders/inte- grators, elevator contractors (mechanics) and jewellers." The study, which focused solely on Waterloo Region and Wellington County has produced unique results, so geographically centric that the findings are incompara- ble with national and provincial stats. Jurisdictions throughout Ontario would bene- fit greatly from a similar study. On April 1, 2005, 17 former AMJ Campbell Van Lines franchise owners launched Premier Van Lines, the second largest moving company in Canada. Mike Warnick, operator of the new local Premier Van Lines, is suddenly an equity holder in what is currently a $39 million dollar company operating in 22 key Canadian markets. In the driver’s seat is retired AMJ founder Tim Moore who will act as CEO. Moore sold AMJ in 1988 and formally left the company in 1999 to pursue real-estate interests. Warnick is ecstatic about been given a new opportunity with the same team. In a letter to customers, Warnick emphasized that “only the name has changed, all the great serv- ice remains the same.” Bruce Power has confirmed that it has reached a tentative agreement with a provincial negotiator for the potential restart of Units 1 and 2 at the Bruce A generating station in Tiverton. Restart of Units 1 and 2 would return another 1,500 MW of emissions-free electricity to Ontario, enough power to meet the 20% of businesses DO NOT reach their full potential! William Davies Consulting Inc “…Helping businesses achieve their potential! TEL (519) 569-1818 EMAIL: [email protected] WATERCOOLER Volkswagen Waterloo 550 Weber Street North, Waterloo, ON Tel: (519) 884-7470 Fax: (519) 884-7474 e-mail: [email protected] www.vwwaterloo.com Enter adulthood. Leave just as quickly. The New 2006 Jetta. Now in stock.

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Page 1: 20% of businesses DO NOT reach their full potential! · Canadian Hotel Income Properties Real Estate Investment Trusthas announced that, effective June 1, 2005, it will re-brand its

MAY 2005 l exchangemagazine.com l 25

Men in Shorts – a bone-chilling fundraiser for the Children’s WishFoundation organized by a band of merry courier drivers fromPurolator’s Guelph terminal, is proud to announce that they raised

$23,039 in the 2004-05 campaign. Now in its fifth consecutive year, Men in Shortshas raised a total of $74,400 for the Children’s Wish Foundation of Canada. “Theeight men and one woman braved skin-freezing temperatures this winter, somedays down to -27 degrees Celsius,” says Mike Heiner, organizer of the event.Heiner, amazed by the innovative ways employees raised funds at their work, hasworked hard to raise the Men in Shorts’ profile each year. New to the project thisyear was Purolator head office, who helped out by creating awareness of theevent prior to the launch. “Such a feat couldn’t be accomplished without the sup-port of everyone at the Purolator Guelph Terminal,” stated Heiner. “Over the pastfive years we’ve created many smiles and memories for children whose wisheshave been granted. Look for us when the weather turns cold – November-December 2005.”

There is no projected lack of skilled tradespeople in Waterloo-Wellington. There’s"no skill trade shortage; the community will not be impaired," said Professor LarrySmith, at the Skills Projection 2015 launch lunch organized by the WaterlooWellington Training Adjustment Board (WWTAB). But Smith was quick toacknowledge this was in no way a statement calling for any less effort in the attrac-tion of migration into the Waterloo-Wellington area. Put simply, Smith said, "If wedid not have the migration that we have, this community would not be as affluent."

A report issued at the launch highlights only four trades out of 65 listed as con-cerns for under-supply of tradespeople: "boilermaker, machine tool builders/inte-grators, elevator contractors (mechanics) and jewellers."

The study, which focused solely on Waterloo Region and Wellington County hasproduced unique results, so geographically centric that the findings are incompara-ble with national and provincial stats. Jurisdictions throughout Ontario would bene-fit greatly from a similar study.

On April 1, 2005, 17 former AMJ Campbell Van Lines franchise owners launchedPremier Van Lines, the second largest moving company in Canada. Mike

Warnick, operator of the new localPremier Van Lines, is suddenly anequity holder in what is currently a $39million dollar company operating in 22key Canadian markets. In the driver’sseat is retired AMJ founder TimMoore who will act as CEO. Mooresold AMJ in 1988 and formally left thecompany in 1999 to pursue real-estateinterests. Warnick is ecstatic aboutbeen given a new opportunity with thesame team. In a letter to customers,Warnick emphasized that “only thename has changed, all the great serv-ice remains the same.”

Bruce Power has confirmed that it hasreached a tentative agreement with aprovincial negotiator for the potentialrestart of Units 1 and 2 at the Bruce Agenerating station in Tiverton. Restartof Units 1 and 2 would return another1,500 MW of emissions-free electricityto Ontario, enough power to meet the

20% of businesses DO NOT reach their full potential!

William Davies Consulting Inc

“…Helping businesses achieve their potential!

TEL (519) 569-1818 EMAIL: [email protected]

WATERCOOLER Volkswagen Waterloo

550 Weber Street North, Waterloo, ONTel: (519) 884-7470 Fax: (519) 884-7474

e-mail: [email protected]

Enter adulthood.Leave just as quickly.

The New 2006 Jetta. Now in stock.

Page 2: 20% of businesses DO NOT reach their full potential! · Canadian Hotel Income Properties Real Estate Investment Trusthas announced that, effective June 1, 2005, it will re-brand its

annual needs of approximately one mil-lion homes.

Descartes Systems Group Inc. hasannounced the launch of its new OceanRate Management product, OceanRateBuilder. The launch coincided withthe start of the National Institute forTransport and Logistics ocean ratemanagement conference.

United Steelworkers’ Ontario/AtlanticDirector Wayne Fraser announcedmid-March that 490 members of theSteelworkers’ Local 862 have rati-fied an agreement with CanadianGeneral-Tower Ltd. of Cambridge, pro-viding wage increases in each of threeyears (55 cents in the first year; 55 centsin year two; and 50 cents in the thirdyear). The agreement also irons outinequities for skilled trades, adding a 25-cent adjustment for electricians, machin-ists, millwrights, pipefitters, carpenters,powerhouse operators and oilers.

Kitchener and Cambridge area employ-ers expect a robust hiring pace for thesecond quarter of 2005, according tothe latest Manpower EmploymentOutlook Survey. Survey data showsthat 41% of employers plan to hire forthe upcoming quarter (April to June),while 5% plan to reduce their work-force, stated Yvonne Tennenbaum ofManpower’s Kitchener office.

Toyota Canada Inc. is entering into athree-year commitment to support theenvironmental activities of TroutUnlimited Canada, a national not-for-profit organization dedicated to protect-ing the country’s freshwater resources.

Munich Reinsurance Company,Canadian Life and Health Operations,has established of four LeadershipAwards at the University of Waterloo.

Crude oil futures breached the US$57-per-barrel barrier on March 16, andtouched another all-time high, amidgrowing fears that the hike in produc-tion by the Organisation of PetroleumExporting Countries (OPEC) won’t beenough to meet rising global demand.

The U.S. fell from third to sixth placeamong the world’s most creditworthynations, according to sovereign-riskanalysts and economists who answeredInstitutional Investor’s latest bi-annual questionnaire on country credit-worthiness. As reported in the Marchissue of II, the U.S. had an average cred-it rating of 92.4 out of a possible 100,compared with 93.7 in the last survey,published in September 2004.

The Center for Political Accountabilityreleased a groundbreaking report that

found that corporate secrecy on politicalcontributions harms shareholders bydenying them information critical forevaluating management performanceand company behavior. “Corporatesecrecy surrounding political donationscarries a high price tag for sharehold-ers,” said CPA Co-Director Bruce F.Freed. “As we saw from the collapses ofEnron, Global Crossing, WorldComand Westar Energy, misbehavior aidedand abetted by undisclosed corporatecontributions can cost shareholders bil-lions of dollars in lost value and canexacerbate shareholder risk.”

Canadian Hotel Income PropertiesReal Estate Investment Trust hasannounced that, effective June 1, 2005, itwill re-brand its 201-room Kitchener,Ontario hotel as the Delta Kitchener.The hotel is located in Kitchener’s centralbusiness district and has been operatingunder the Four Points by Sheraton bannersince its acquisition by CHIP REIT in 1998.

26 l exchangemagazine.com l MAY 2005

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Page 3: 20% of businesses DO NOT reach their full potential! · Canadian Hotel Income Properties Real Estate Investment Trusthas announced that, effective June 1, 2005, it will re-brand its

A number of announcements havecome recently from Waterloo goldenchild Research in Motion, the biggestbeing the March 16 agreement resolv-ing litigation with NTP. The $450 mil-lion deal grants RIM “unfettered rightto continue its BlackBerry-related wire-less business without further interfer-ence from NTP or its patents.”

It was also announced that YahooInc. and America Online have linkedwith RIM’s BlackBerry “push” technolo-gy this week.

The companies plan to pre-installfull-color, graphical Yahoo Messengerclients on BlackBerry devices in thecoming months, in addition to workingon an enhanced version of Yahoo Mailfor the platform.

Mark Guibert, VP of corporate mar-keting at RIM, commented that“BlackBerry provides optimized messag-ing capabilities with its popular key-boards, large screens, intuitive naviga-tion and push-based connectivity.Through our relationship with Yahoo,BlackBerry users will enjoy anotherpowerful communications option to

keep them connected while away fromtheir desk." Currently, users can accessYahoo Mobile Internet, including search,news and sports features on BlackBerrydevices.

RIM also joined AOL’s MobileDeveloper Program to support AOLInstant Messenger (AIM) and ICQ servic-es on the BlackBerry wireless platform.Like RIM's previous deal with Yahoo,RIM has worked with AOL to giveBlackBerry users access to the mobileAOL Mail service in the past. Now, withthe mobile AIM or ICQ instant messag-ing interface, BlackBerry users will haveaccess to their AOL Buddy List featureor ICQ contact list to see which of theirfriends and family members are onlineand available to chat.

However, RIM has also faced somenew competition issues. Mobile phonesoftware maker Symbian hasannounced a licensing deal withMicrosoft Corp. Britain's Symbian said

it agreed to license synchronization soft-ware from long-time rival Microsoft in aneffort to win more corporate customers.

As a result, users of "smartphones"that run on Symbian software, over 20million devices, will be able to receivee-mails via network computers that runMicrosoft's Exchange Server software.These servers are used mainly forMicrosoft's Outlook e-mail and calen-dar applications. Nokia, which sellsmost of the Symbian-based smart-phones, last month signed a deal tolicense the same software.

These developments led SanFrancisco writer Andrew Orlowski tosuggest that Microsoft has declared RIMto be “Enemy Number One!” The con-tention is that Microsoft is focused onstopping the growth of the Blackberry,described by Orlowski as “the highlyaddictive ‘Crackberry’”.

The Marketing Committee of theNew Hamburg Board of Trade hasresponded to a major constructionchallenge. Road construction – in thedowntown core (during several monthsin 2005, 2007, 2008) and on Highway7&8 (2006) – threatens the commercialcore of the community, so the business-people are banding together to create a$40,000 marketing and promotion pro-gram to encourage consumers to con-tinue to do business in downtown NewHamburg during the disruptions..

ATS Automation Tooling SystemsInc. has promoted five company exec-utives. Mike Cybulski is appointedExecutive Vice President of Operations,Automation Systems Group. UweGeissinger is Vice President ofAutomation Systems Operations,Europe. Also named to executive man-agement is John Scott, Vice President,Quality and Strategic Processes. CarlGalloway is Vice President, Treasurer.Mike Verhoeve is Vice President,General Counsel.

MAY 2005 l exchangemagazine.com l 27

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Page 4: 20% of businesses DO NOT reach their full potential! · Canadian Hotel Income Properties Real Estate Investment Trusthas announced that, effective June 1, 2005, it will re-brand its

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Page 5: 20% of businesses DO NOT reach their full potential! · Canadian Hotel Income Properties Real Estate Investment Trusthas announced that, effective June 1, 2005, it will re-brand its

MAY 2005 l exchangemagazine.com l 29

continued from page 30MAKING A DIFFERENCE

place to live as well as work.” He addsthat the same can be said for attractingpeople in other professions and skilledtrades. “Skilled people can get goodjobs in many places, but not all com-munities can offer a wide range oflifestyle opportunities that are often thevalue added in tipping an employmentdecision,” Doherty feels.

Education also plays a crucial role ina knowledge-based economy. That’swhy the participation of local universityand college presidents on the PCWR isessential. Doherty says their presenceis “a great reflection of the kind of col-laboration we’re encouraging. Lots ofthings were already happening butwe’re striving to take it to the nextlevel.”

John Keating, President of ComDev,chairs the PCWR’s Post-SecondaryEducation Task Force.

Doherty and Bell point out thatmany metropolitan areas across NorthAmerica have adopted similarapproaches. The Toronto City SummitAlliance is one example. Chair DavidPicaut spoke at the Second AnnualProsperity Forum of Waterloo in Febru-ary, 2004. The Ottawa Partnership

(TOPS) is another. Todd Letts adds,“Progressive regions across NorthAmerica have developed similar initia-tives to our Prosperity Council. Eco-nomic jurisdictions, not municipalones, are now the relevant players incompetitive economic development.”

John Tennant, CEO of Canada ’sTechnology Triangle Inc (CTT) notes,“the PCWR contributed greatly to forg-ing a consensus on discussions aboutthe provision of employment lands forfuture development. It helped to ensurewe’re all singing from the same songsheet.”

Tennant adds that PCWR also pro-vides a mechanism to attract and hostpolitical leaders and dignitaries, notingthat the Premier and Ontario Ministerof Finance have both visited the regionunder the auspices of PCWR.“It makesa better impact when others can seewe are working together. It is also agreat forum to share analysis andideas.”

In commenting on the leadershipprovided by Doherty and Bell, Lettsremarked, “These two gentlemen arean awesome twosome. John Doherty’sability to convene, to bring people

together for a common cause, is quiteremarkable. John Bell brings tremen-dous credibility to the cause with hisunderstanding of competitiveness inour region. Together, they have a keenunderstanding of the world and anunbridled passion for our region. Bothdemonstrate a desire to help ourregion reach its full potential and posi-tion it as a global leader.”

John Tennant concurs. “We are luckyto have them. They are both highlyrespected in our community and bringbalance, fair-mindedness and commit-ment to the table. While the success ofthe PCWR is the work of many, they areour spiritual leaders and serve in keyroles.”

For their part, Doherty and Bell has-ten to add that in an organizationwhere everyone is already a leader at ahigh level, their role is much more oneof facilitation, rather than leadership inthe traditional sense. By bringingtogether leaders from all sectors of ourcommunity to work toward a commongoal, Doherty, Bell and the ProsperityCouncil of Waterloo Region are makinga difference by helping to take ourregion from good to great.

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Page 6: 20% of businesses DO NOT reach their full potential! · Canadian Hotel Income Properties Real Estate Investment Trusthas announced that, effective June 1, 2005, it will re-brand its

30 l exchangemagazine.com l MAY 2005

Going From Good to GreatThe Prosperity Council of Waterloo Region is providing leadership to ensure thatour already strong community does not rest on its laurels

BY BR IAN HUNSBERGER

“By challenging large employers in our community,back in 2003, to identify directions for which theywould hold themselves accountable in order to

make our region the best it can be, a ripple effect has beenput in place.” So said Todd Letts, President and CEO of theGreater Kitchener-Waterloo Chamber of Commerce, inresponse to a question from Exchange about how the Pros-perity Council of Waterloo Region (PCWR) is enhancing eco-nomic and lifestyle prospects for our community.

The PCWR is a federation of the four major business andeconomic development organizations in the Region of Water-loo – The Greater Kitchener-Waterloo Chamber of Commerce;the Cambridge Chamber of Commerce; Canada’s TechnologyTriangle Inc. (CTT); and Communitech Technology Associa-tion. According to the PCWR’s website (www.prosperitywater-

MAKING A DIFFERENCE

continued on page 29

looo.com) these organizations represent more than 3000businesses.

The PCWR grew out of the First Annual Prosperity Forumof Waterloo held in February of 2003 and attended by 125local movers and shakers, “to identify, champion and holdourselves collectively responsible for the tangible directionsrequired over the next decade to ensure prosperity for ourregion, so we can become the best we can be. It is built onthe premise that local cooperation can enhance our globalcompetitiveness.”

The Prosperity Council is co-chaired by John Doherty andJohn Bell. Doherty is a Managing Partner with GowlingsLafleur Henderson LLP in Kitchener. He is also a past-presi-dent of the Greater K-W Chamber of Commerce. Bell is Presi-dent and CEO of Polymer Technologies Inc in Cambridge,again recently recognized as one of Canada’s 50 Best Man-aged Companies in a ranking by the National Post, Queen’sUniversity School of Business, and CIBC. He also chairs theCambridge Memorial Hospital Board where he has givenleadership to eliminate the deficit and heal the woundsbetween the board and its charitable foundation.

Although recent reports from Statistics Canada indicatethe Kitchener Census Metropolitan Area (CMA) has the low-est unemployment rate of Canada’s 28 largest CMAs, Bellcautions, “we’re not as good as we think we are and weneed to remember we are now competing globally. Vibrancyis the outcome we’re looking for.”

A similar sentiment was expressed at the First AnnualProsperity Forum, and it resulted in the adoption of a “Goodto Great Agenda” that included five points:• to build a collaborative vision based on the Prosperity

model (strategy, tactics and measures);• to brand and market this region as one successful area for

business, arts and lifestyle;• to enhance regional health institutions with state of the art

facilities to attract and keep physicians and build expert-ise;

• to strengthen local post-secondary educational institutionsin size, quality and impact to attract and keep highly tal-ented people; and

• to create and fund a regional arts and culture developmentand promotion body. Doherty noted that Task Forces have been working in

each of these areas and the PCWR is producing a reportsummarizing their priorities.

As this agenda indicates, prosperity is viewed by thePCWR to be broader than the dictionary definition of beingsuccessful in terms of one’s finances. Doherty uses theexample of the initiative of the Greater K-W Chamber torecruit new physicians. “We’ve learned we have to offerlifestyle incentives such as high quality arts, culture andrecreation opportunities. Our community has to be a great

John Bell, left, and John Doherty co-chair The Prosperity Council

Page 7: 20% of businesses DO NOT reach their full potential! · Canadian Hotel Income Properties Real Estate Investment Trusthas announced that, effective June 1, 2005, it will re-brand its

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