You are here:   HomeNews Releases
Print

TORONTO, May 2, 2018 /CNW/ - The saying goes that a company is only as good as the people it keeps. But what if those people aren't fully engaged in their duties? According to research from staffing firm Accountemps, workers are disengaged at their jobs more than one-quarter (28 per cent) of the time, on average, leaving the door open to lost productivity, low morale and turnover.

When professionals were asked what would make them more engaged at work, the responses included*:

Better perks (free food, nap rooms, on-site gyms) 42%
Less bureaucracy/red tape 31%
More challenging work 27%
Lighter workload 24%
More team building/work outings 19%
A better boss 17%
Other 13%

*Multiple responses permitted

Respondents ages 18 to 34 said better perks (53 per cent) would help their motivation most at the office, followed by more challenging work (36 per cent). View data tables with a full breakdown of preferences by age.

"Engaged workers set the tone for a more positive, collaborative and productive organization at every level," said David King, Canadian president of Accountemps. "Cultivating employee commitment should be an ongoing priority for business leaders. Establish an open dialogue with your staff to learn what motivates them; allow them flexibility to explore new ideas and challenges in a culture that promotes their wellbeing, therefore encouraging a more satisfied and loyal workforce."

 
Print

ATHENS, Ga., May 1, 2018 — Engineered to protect temperature-sensitive products transported by trailer or rail through sub-freezing ambient conditions, Carrier Transicold’s Solara™ heating unit now features the APX™ control system, providing improved functionality. Carrier Transicold is a part of UTC Climate, Controls & Security, a unit of United Technologies Corp. (NYSE: UTX).

Using a Z482 2-cylinder diesel engine, compliant with the Environmental Protection Agency’s Tier 4 standard, the Solara unit can generate 50,000 BTU/hour of heating at 0 degrees Fahrenheit ambient to protect against the freezing of sensitive commodities such as produce, beverages, flowers, plants, paints and chemicals, pharmaceuticals and more.

“The addition of the APX controller means Solara unit users now enjoy the same advantages found with our trailer refrigeration system controls,” said Patrick McDonald, product manager, trailer products, Carrier Transicold. “The modular APX system combines control intelligence, temperature control and system reliability with amazingly simple operation.”

The APX controller has an easy-to-read, full-information dashboard-style display and is preloaded with Carrier Transciold’s programmable IntelliSet™ software to easily create heating parameters for different commodities. With the APX controller, the DataLink™ data recorder is now integral to the Solara unit, and a USB port makes for easy data downloading and uploading of information to the controller. Built-in diagnostics simplify service and troubleshooting for technicians.

Options for the Solara unit include:

             DataTrak™ software, which enables remote communications via telematics

             Flush-mount and surface-mount control panels, providing optional control placement on the outside or inside of the trailer

             Fuel-level sensors

             An open-door indicator

             Shutdown switches

Users can choose from fuel tank options ranging from 30 gallons to up to 120 gallons.

For more information about the improved Solara heating unit, turn to the experts in Carrier Transicold’s North America dealer network.

 
Print

TORONTO, April 27, 2018 /CNW/ - Cary Green, Chairman of Greenwin Inc., joins Canadian Real Estate Investment Trust ("CREIT")(TSX:REF.UN), the Ministry of Housing and the City of Toronto to announce plans to develop a new 0.9-acre mixed-use development featuring approximately 700 new rental suites in the City's Yonge/College corridor. Thirty percent of these units will be designated affordable.

Inspired by input from both the municipal and provincial governments, as well as the community, this vibrant two-tower development will be constructed on carefully curated parcels of land that are strategically located in close proximity to College TTC subway station, the University of Toronto, the University Avenue hospital network and the downtown financial core.

The Property is being acquired in partnership with CREIT as part of the first phase of the Provincial Affordable Housing Lands Program, which was established to leverage provincial land assets in order to develop a mix of market and affordable housing across the Province of Ontario. Greenwin and CREIT plan to deliver a two-tower, purpose-built rental community with approximately 700 units, 30% of which will be maintained as affordable rental housing for a period of 40 years.

"Today is an important milestone in Toronto's development history," said Cary Green, Chairman, Greenwin Inc. "Our city is in need of affordable housing and we are excited to partner with the Ministry of Housing and the City of Toronto to deliver on this important objective in creating sustainable, affordable housing in a mixed-income setting. Together, with our partner CREIT, we are looking forward to executing on this unique opportunity."

Rael Diamond, President and Chief Operating Officer of CREIT added, "We are delighted to expand our partnership with Greenwin on this well-located Property. Development projects of this calibre are difficult to acquire, so we are very pleased to have the opportunity to add this project to our development pipeline."

 
Print

Saskatoon, Saskatchewan, Canada, April 27, 2018

Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the first quarter ended March 31, 2018 in accordance with International Financial Reporting Standards (IFRS).

“We continue to focus on what we can control,” said president and CEO, Tim Gitzel. “In the first quarter we generated significant cash flow, which is due to our portfolio optimization activities, the benefits of our cost saving measures, and by pulling back on our production lever and drawing down inventory. While our average unit cost of sales was higher than a year ago, this was expected due to the care and maintenance costs incurred while production is suspended at the McArthur River and Key Lake operation.

“Today the market remains quiet. There are a lot of moving pieces, and utilities continue to evaluate the implications of what is perhaps best described as unprecedented noise in the political economy. Things like the possible trade action under section 232 of the Trade Expansion Act, the suspension of US Department of Energy’s excess uranium sales for the remainder of 2018, review of the Russian Suspension Agreement, and a potential Russian ban on all trade with US nuclear power companies. On the demand front, news remains mixed with additional Japanese reactor restarts, new construction announcements in China, India and the Middle East, further potential retirements in the US, and an announced phase out of nuclear power in Belgium.

“As 2018 unfolds we will continue to evaluate the market signals, however we remain resolved in our efforts to focus on what we can control and deliver long-term value to our shareholders.”

Summary of first quarter results and developments:

  • Net earnings of $55 million; adjusted net earnings of $23 million: Earnings were higher this quarter as compared to 2017, largely due to the gain realized on the restructuring of JV Inkai and higher realized prices and deliveries in our uranium segment. As part of our ongoing efforts to optimize our contract portfolio and realize uncertain future value today, we restructured a contract with one of our utility customers that advanced future deliveries into the quarter, resulting in higher sales volume in both the uranium and fuel services segments. As expected, our unit cost of production was higher this quarter due to the suspension of production at McArthur River and Key Lake and the change in reporting for JV Inkai.
  • Annual guidance largely unchanged: The 2018 financial outlook table in our annual MD&A remains largely unchanged. Based on the outlook provided in the table, we expect cash flow in 2018 to be similar to 2017.
  • Uranium market remains quiet: The market was at a stand-still in the first quarter of 2018 as utilities digest changing market dynamics. Market prices and contracted volumes remained low in the quarter.
  • Canada Revenue Agency (CRA) dispute, awaiting trial decision: The trial for 2003, 2005 and 2006 was concluded in September 2017. We remain confident in our position and await a decision from the judge. We expect to have a Tax Court decision within the next 12 months. In the first quarter we received a notice of reassessment from CRA for the 2012 tax year.
  • TEPCO dispute, arbitration schedule set: We expect arbitration to begin in the first quarter of 2019. The timing for a final decision will be dependent on how long the arbitrators deliberate following the conclusion of the hearing. We have filed our statement of claim for $682 million (US) plus interest and legal costs.

 
Print

GUELPH, ON, April 27, 2018 /CNW/ - Carol Poulsen, executive vice-president and chief information officer (CIO) of The Co-operators has been named one of the 10th annual Global Breakaway Leadership Award winners as part of Gartner Evanta's Global CIO Executive Summit.

The award recognizes five CIOs who are revolutionizing their organizations' competitive position in the marketplace through visionary leadership and business transformation. The CIO leadership award program is built on peer recognition, with CIOs able to vote for their peers in real time at the event.

"Carol is a business leader who has exemplified our purpose to provide financial security for Canadians and Canadian communities while building an industry-leading technology capability at The Co-operators," said Rob Wesseling, president and CEO of The Co-operators. "Carol's contributions at our most senior management table go far beyond the realm of technology and have substantially influenced our top-level strategies. She has been a champion of diversity and sustainability within our organization. During her tenure she has built a highly engaged high-performance team while substantially maturing our development processes, security infrastructure and innovation capabilities."

Carol joined The Co-operators as CIO in 2011. In this capacity, she oversees information technology planning and implementation, and works with the CEO and her peers on the senior leadership team on business strategy and execution for the organization. Her diverse background includes previous experience in insurance and banking, technology and business, as well as vendor experience including IT delivery, consulting, large account management and sales.

 

Page 5 of 10

<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>