Regional Municipality of Waterloo

Canadians ramp up pressure on Trudeau and Joly with coordinated blockades of weapons manufacturers as UN calls for immediate arms embargo on Israel

Retrieved on: 
Wednesday, February 28, 2024

Over 82,000 Canadians signed a parliamentary petition demanding an embargo on military exports to Israel, and 75 civil society groups called on Foreign Affairs Minister Mélanie Joly to resign if she won’t impose an arms embargo.

Key Points: 
  • Over 82,000 Canadians signed a parliamentary petition demanding an embargo on military exports to Israel, and 75 civil society groups called on Foreign Affairs Minister Mélanie Joly to resign if she won’t impose an arms embargo.
  • Canadian communities are demanding that the government end its complicity with Israeli genocide and stop all military exports.
  • All of the companies that have been targeted by actions this week are producing weapons and arms components that are being used by Israel to attack Gaza’s civilian population and infrastructure.
  • “It’s been over a month since the International Court of Justice ruled that Israel is plausibly committing genocide in Gaza.

Greater Toronto and Hamilton Annual Multi-Family Sales Drop to New Low, Reports Zonda Urban

Retrieved on: 
Thursday, February 1, 2024

TORONTO, Feb. 1, 2024 /PRNewswire-PRWeb/ -- Zonda Urban today released its annual 2023 and Q4-2023 Greater Toronto and Hamilton Area (GTHA) multi-family market survey results.

Key Points: 
  • TORONTO, Feb. 1, 2024 /PRNewswire-PRWeb/ -- Zonda Urban today released its annual 2023 and Q4-2023 Greater Toronto and Hamilton Area (GTHA) multi-family market survey results.
  • Annual sales volume fell 36% from a year earlier, following a 29% annual decline from 2021.
  • Condominium apartment sales felt the brunt of the ongoing downturn, falling 44% year-over-year to 11,629 sales, representing the slowest pace in over twenty years.
  • Demand for townhouses marked a high point for 2023 with annual volume rebounding 38% to 3,255.

EmployNext Expands Reach to Kitchener-Waterloo-Barrie Areas, Delivering Exceptional Employment Services to a Wider Community

Retrieved on: 
Tuesday, January 2, 2024

Following a successful launch in the Kingston-Pembroke catchment area on October 1st, 2023, this expansion marks a significant milestone in EmployNext's commitment to providing outstanding employment services to diverse regions.

Key Points: 
  • Following a successful launch in the Kingston-Pembroke catchment area on October 1st, 2023, this expansion marks a significant milestone in EmployNext's commitment to providing outstanding employment services to diverse regions.
  • EmployNext's unique approach to employment services combines a cutting-edge technology platform with enhanced personalized support to ensure a seamless experience for both job seekers and employers.
  • Employer Support Services: Assisting businesses in finding the right talent through targeted recruitment strategies and streamlined hiring processes.
  • As EmployNext continues its expansion, the consortium and its network of service providers and community partners remain dedicated to core values of integrity, innovation, and inclusivity.

Annual multi-family sales fall 44% in third quarter, Zonda Urban reports

Retrieved on: 
Wednesday, November 15, 2023

TORONTO, Nov. 15, 2023 /PRNewswire-PRWeb/ -- Zonda Urban today released its Q3-2023 Greater Toronto and Hamilton Area (GTHA) multi-family market survey results. Q3-2023 represented a contrast between demand for product types amid slow market conditions. Overall, new multi-family sales rose 7% year-over-year to 2,730; however, condominium apartment sales declined 23% from a year ago to 1,886 units, as the sale of new townhouse units rose 426% to 894, marking two consecutive quarters of annual growth in demand for at-grade units. Multi-family sales at an annualized pace of 15,971 are down 44% from last year.

Key Points: 
  • TORONTO, Nov. 15, 2023 /PRNewswire-PRWeb/ -- Zonda Urban today released its Q3-2023 Greater Toronto and Hamilton Area (GTHA) multi-family market survey results.
  • Multi-family sales at an annualized pace of 15,971 are down 44% from last year.
  • Despite challenging conditions, 18 new apartment projects with 6,556 had launched sales as of early November, an increase over Q4-2022.
  • The Q3-2023 Zonda Urban GTHA multi-family take report will be released shortly with further insight into the market.

Intellijoint Surgical Announces Reduction in Workforce, Focusing on Profitable Growth

Retrieved on: 
Wednesday, October 25, 2023

Kitchener, Ontario, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Intellijoint Surgical, a leading Canadian innovator in orthopaedic medical technologies, announced today a reduction in its workforce to ensure the company can grow sustainably, become profitable, and remain competitive.

Key Points: 
  • Kitchener, Ontario, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Intellijoint Surgical, a leading Canadian innovator in orthopaedic medical technologies, announced today a reduction in its workforce to ensure the company can grow sustainably, become profitable, and remain competitive.
  • Since founding Intellijoint in 2010, we have been fortunate to avoid an outcome like today,” said Armen Bakirtzian.
  • Countless more patients, providers, and physicians will benefit from our technology and we have a plan to maintain our aggressive growth.
  • Intellijoint Surgical remains focused on serving its customers, and expects no disruption to daily global operations for continued surgeon and patient success.

“Hands down, our favourite festival to play” – Bands request to join Riverfest lineup due to Elora, Ont. festival’s unique atmosphere

Retrieved on: 
Monday, July 31, 2023

Emily Haines of Canadian indie band Metric commented that Riverfest “stands out as something very special in my summer festival memories, it's such a gorgeous setting for a concert.

Key Points: 
  • Emily Haines of Canadian indie band Metric commented that Riverfest “stands out as something very special in my summer festival memories, it's such a gorgeous setting for a concert.
  • "Riverfest Elora is one of the little gems on the live music calendar each summer.
  • “We are the festival even the bigger bands will bring their entire families to,” he said.
  • “For anyone on the fence about whether to go: you want to be here.”
    Riverfest tickets can be purchased at RiverfestElora.com.

Scispot Graduates from Creative Destruction Lab, Setting Stage for Product Expansion and Increased Fundraising

Retrieved on: 
Tuesday, June 13, 2023

KITCHENER, Ontario, June 13, 2023 /PRNewswire-PRWeb/ -- Scispot, a Y Combinator-backed life science informatics company based in Kitchener-Waterloo and Seattle, recently graduated from the Computational Health Stream of the Creative Destruction Lab (CDL) program in Seattle. The CDL is a highly sought-after program focused on fostering growth in massively scalable, seed-stage science and technology-based companies. In 2022 alone, the CDL received more than 2,200 applications from 87 countries, and out of 650 ventures admitted, only 240 successfully graduated. Among these, just three were chosen to present at the prestigious Supersession in Toronto — Scispot is proud to be among these top three ventures.

Key Points: 
  • The CDL is a highly sought-after program focused on fostering growth in massively scalable, seed-stage science and technology-based companies.
  • In 2022 alone, the CDL received more than 2,200 applications from 87 countries, and out of 650 ventures admitted, only 240 successfully graduated.
  • "Scispot is an essential innovation in our data-driven landscape, ingeniously connecting disparate data and automating workflows within life science companies.
  • Currently supporting therapeutics and industrial bio companies, Scispot has big plans to expand its team and augment its product, positioning the company for explosive growth and fundraising success.

Empire Communities Proudly Supports Breslau Community Park Enhancements

Retrieved on: 
Friday, May 12, 2023

VAUGHAN, ONTARIO, May 12, 2023 (GLOBE NEWSWIRE) -- Empire Communities, one of North America’s largest privately held homebuilders, is pleased to support new enhancements to Breslau Memorial Park, contributing funds to construct an on-site splash pad.

Key Points: 
  • VAUGHAN, ONTARIO, May 12, 2023 (GLOBE NEWSWIRE) -- Empire Communities, one of North America’s largest privately held homebuilders, is pleased to support new enhancements to Breslau Memorial Park, contributing funds to construct an on-site splash pad.
  • The splash pad will be located in the Township of Woolwich in Waterloo at the Breslau Community Centre, by the picnic shelter and playground area, adding another opportunity for families in the Riverland neighbourhood to come together and enjoy community living.
  • Empire Communities, whose residential communities across Ontario span from Toronto to Brantford, Haldimand County, Kitchener-Waterloo, and Niagara, has been building single-family homes at Empire Riverland in the Breslau community since 2006.
  • “Empire aims to contribute to community enhancements that add to the vibrancy of everyday life where we build,” says Daniel Guizzetti, Co-Chief Executive Officer of Empire Communities.

Porsche Centre Kitchener-Waterloo inaugurates its sales pop-up store

Retrieved on: 
Monday, May 8, 2023

Toronto, ON, May 08, 2023 (GLOBE NEWSWIRE) -- Porsche Cars Canada, Ltd. (PCL) announces the opening of a temporary pop-up store ahead of the opening of the future Porsche Centre Kitchener-Waterloo.

Key Points: 
  • Toronto, ON, May 08, 2023 (GLOBE NEWSWIRE) -- Porsche Cars Canada, Ltd. (PCL) announces the opening of a temporary pop-up store ahead of the opening of the future Porsche Centre Kitchener-Waterloo.
  • It will allow customers the ability to interact with the brand and begin a relationship with the team before the opening of Porsche Centre Kitchener-Waterloo.
  • “We are delighted to bring the iconic Porsche brand to this vibrant community,“ said Francesco Policaro, CEO, Policaro Group.
  • Slated to open in the fall of 2023, the latest Porsche Centre will become the second for the Policaro Group, after Porsche Centre Oakville.

Fraser Institute News Release: Household incomes in Windsor and London fell from top third in Canada to the bottom third over fifteen years

Retrieved on: 
Thursday, March 30, 2023

The study finds that the two large CMAs in southwestern Ontario that are outside of the Toronto commuter shed, London and Windsor, were amongst the worst performers.

Key Points: 
  • The study finds that the two large CMAs in southwestern Ontario that are outside of the Toronto commuter shed, London and Windsor, were amongst the worst performers.
  • Of the 36 metropolitan areas in Canada covered by Statistics Canada, Windsor experienced the largest drop in its ranking for median household income—having the 11th highest median household income in Canada in 2005 to having the 33rd highest median household income in 2019.
  • By comparison, median household income (inflation-adjusted) increased by just 2.3 per cent in Guelph, and 0.5 per cent in London.
  • And median household income (inflation-adjusted) actually declined in Kitchener-Cambridge-Waterloo by 1.3 per cent, and by 7.1 per cent in Windsor.