News: Monday, March 2, 2009
Drive to safeguard 8,000 pensions:The shaky financial position of General Motors of Canada Ltd. and the underfunded status of its pension plan have prompted a group of retirees to organize in an attempt to protect their retirement benefits.
Ford, the last one standing? How Ford dodged a bailout
Innovation and Invention: Electric motor polarizes opinion
The Star first profiled Heins and his controversial invention a year ago. In a nutshell, he had figured out a way to eliminate the electromagnetic friction that typically limits the performance of an electrical generator – an effect known as “Back EMF.” Not only that, but he also learned how to redirect that magnetic energy so that, instead of causing resistance, it gave an electrical motor connected to the generator a significant boost.
First off, our recycled plastics go to China because we haven’t the facilities to deal with them in Ontario. Now, we in Ontario can’t handle our own compost kitchen waste! Green bin waste trucked to New York
CNN: Hard economic times a boon to libraries:
In times of recession, people take advantage of free services, and going to the library is among the most popular.
“I think people are just realizing how much information there is and they didn’t think about going to their local libraries before,” Hodges said.
In the past year, libraries across the country have seen dramatic increases in the use of their services, which in addition to free Internet access can include resume workshops and foreclosure seminars.
“Whenever you have tough economic times, public libraries are a place people go because they have no other alternatives or because they know they are going to get the kind of powerful information that will make a difference in their lives,” said Kristin McDonough, director of the Science, Industry and Business Library in New York City.
Yellow the New Green: What does this have to do with you? Mr. Zhang and Ms. Wu’s weird toilet — known as a “urine diversion,” or NoMix (after a Swedish brand), toilet — may have things to teach us all.
In the industrialized world, most of us (except those who have septic tanks) rely on wastewater-treatment plants to remove our excrement from the drinking-water supply, in great volumes. (Toilets can use up to 30 percent of a household’s water supply.) This paradigm is rarely questioned, and I understand why: flush toilets, sewers and wastewater-treatment plants do a fine job of separating us from our potentially toxic waste, and eliminating cholera and other waterborne diseases. Without them, cities wouldn’t work.
Create a walkable, cyclable city in Mississauga. This is just notice for a future meeting of the non-profit group; Walk & Bike for Life in Port Credit. What is interesting in this item is that it is funded by the Ministry of Health Promotion (Mississauga is among 22 across the province they’re working with to develop action plans for walkable, bike friendly areas)
Is Windsor participating in this program? Anybody know? And if not, why not!
Ministry of Health Promotion: Communities In Action Fund (CIAF)
States [sic] Windsor and Ontario Wear Blinders On The True Cost of Sprawl
We knock’em down in Windsor but in New York, PS 122 becomes a home for artist and arts groups!
Those squatters have not budged. In fact, today the arts groups—which include Painting Space 122, Performance Space 122, and theater company Mabou Mines—are institutions in their own right. (The AIDS Service Center NYC also operates there.) And they have forged a comfortable working relationship with New York City government.
Now, the collaboration between the city and PS 122’s tenants is breathing new life into the building itself. Currently it is wrapped in scaffolding as part of a phase-one undertaking to secure the envelope. And beginning in fall 2010, the New York City Department of Design + Construction (DDC) is scheduled to start a $13 million renovation of the interior so it fully complies with ADA and fire codes, as well as LEED-Silver standards. The DDC has tapped New York–based firm Deborah Berke & Partners Architects to design the project as part of its Design and Construction Excellence program.
Although PS 122’s tenants have matured over the years, their facility is a kind of flashback to salad days. The building is a jerry-rigged maze, the exploration of which uncovers 18 painting studios, 70- and 130-seat theaters, and administrative offices. A daycare center was spread non-contiguously over two floors, but moved out in 2008 due to the building’s condition. Now, heads of the resident arts groups plan to annex the former daycare, as well as its courtyard playground.
While Charles Clarke Square and park sit empty and lonely, 90 % of the time, Mississauga’s Downtown park “makes Mississauga more urban”
Mississauga’s nascent downtown has embarked on the path every urban planning department must eventually pursue: creating more green space.
And so, with this in mind, Mississauga’s Community Services Department recently gave the public a first glimpse at the design of a new 3.4 acre park near Square One and city hall.
“What’s so wonderful about this park is it’s about making Mississauga more urban,” landscape architect Janet Rosenberg.
“People can get out of their cars and at the same time there’s going to be a major density of people who are using it.”
Mississauga, which has embarked on a plan to fill out its suburban-style downtown, says construction of Community Commons Park will begin in May and take a year.
Infrastructure for the aged: But don’t doze off just yet, because this report, released by Infrastructure Canada and produced by PriceWaterhouseCoopers, contains some amazing stuff.
First, though, some good news: “As the boomers enter their senior years, evidence suggests that they will be relatively healthier, more independent, better educated, wealthier and lead more active lifestyles than any senior population to precede them. …
Now for the bad news: “Those aged 65+ are the most intensive users of health services.” Plus, the researchers may smile patronizingly at Granny posing for a picture atop Mount Everest, but once she gets back to her hometown, apparently she can’t be trusted on the street. ..
The report suggests “improvements” that “might include road systems which are more forgiving to driver error with improved road geometrics, signage, and advisory systems, with consistency across jurisdictions … There are also a number of other suggestions for improvements in the design of roadside environments which would cater to the needs of an aging population … dedicated pathways for electric wheelchairs/scooters; curb extensions to minimize exposure time in crosswalks; improved access points to public transport and commercial areas; reactive crosswalks which adjust to the users’ pace; tactile paving in sidewalk design; ramps and street furniture for lower impact mobility.”
Street furniture? Chairs and coffee tables in the middle of the road?
The Study: Population Aging and Public Infrastructure: a Literature Review of Impacts in Developed Countries
Farmers’ markets here to stay Those who write farmers’ markets off as little more than a fad embraced by the granite-countertop set might want to think again. Farmers’ markets have become a major economic force in Canada in recent years as their popularity has grown, according to a recent study, and there is every sign that the market movement is here to stay.
The study of 508 farmers’ markets across the country by Farmers’ Markets Canada, including several in Ottawa, found sales amount to more than $1 billion annually with a total economic impact of up to $3 billion. That’s a lot of heritage carrots!
The study, the first of its kind in Canada, should be welcome news in Ottawa where the recent birth and growing popularity of the Lansdowne Park farmers’ market has mirrored the national trend as consumers flock to places to buy fresh, locally grown food and produce.
Website: Farmers’ Markets Canada, Les Marches agricoles Canada
Could it happen here! As our economy tanks and retirement savings disappear will the Elderly Emerge as a New Class of Workers–and the Jobless
In praise of neighbourhood at Bayview
North American cities are essentially cannibalistic beasts. They chew up large chunks of their own pasts and landscapes and regurgitate them, mostly as suburban legolands, sky-eating condo towers, vast commercial corrals and, once in a blue moon, a sports castle.
Older towns, by which I probably mean European, the ones with a legacy of fine antique civic buildings, are generally long-sighted, anxious that their former glories not be overshadowed, whereas adolescent burghs like Ottawa are almost all short-sighted, architecturally myopic, unwilling to bother to look back into their relatively shallow history for inspiration. The future is the place to be, and we want our development projects to run free of any historic fetters. Ottawa has the perennial feel of a town which knows its glory years are yet to come and will impatiently throw up anything classless and low-budget for now that means our developers, who sitteth at the right hand of the mayor, can extract a profit from the levelled ground.
Sell the product, not the technology And other tips to market your green innovationBut like most panaceas, creating a thriving, internationally competitive green industry is easier said than done. In fact, as a new report pointed out last week, creating even one successful green company is a Herculean endeavour that demands more money and management smarts than most people comprehend.
The Cleantech Growth and Go-to-Market Report, released last week by sponsors Ontario Centre for Environmental Technology Advancement (OCETA) and Sustainable Development Technology Canada (SDTC), declared that Ontario’s cleantech industry “has the potential to become a world leader, promising thousands of high-value jobs, and a healthier environment for years to come.” But it also says this bright, low-carbon future hinges on the abilities of the province’s cleantech entrepreneurs - most of them first-time CEOs with backgrounds in engineering, not business or marketing - to “turn their technologies into products and services that compete in global markets.”
The Clean Technology Report: The 2009 OCETA SDTC Cleantech Growth & Go-to-Market Report PDF
End green “dithering,” utilities told: Energy and Infrastructure Minister George Smitherman says a major cultural shift across Ontario’s power-system agencies is needed if the province is to become a North American leader in renewable-energy development.
Smitherman said his goal is to get organizations such as Hydro One to be more proactive when it comes to accommodating green-energy projects on the grid. He plans to issue a “strong directive” to such agencies in the coming weeks to drive that message home.
Focus on Pedestrians: A foot-friendly plan for the west end …in Hamilton! While Windsor is going to widen every road it’s got, without bicycle lanes!
Small street improvements for pedestrians can make the Ainslie Wood and Westdale neighbourhoods more vibrant and healthy, according to a citizens committee.
“We want to make the community as walkable as possible,” said Suzanne Brown, a public health manager for the city, Westdale resident and member of the Ainslie Wood Westdale walkability committee.
“It’s a benefit. It’s a draw for families and we think it’s a healthier community.”
The committee, which conducted a walkability assessment in these older and more established neighbourhoods, submitted a report with 60 recommendations, all with a pedestrian focus, to the city.
I doubt if our mayor has ever walked a neighbourhood in this city….Oh wait! he’s flying off to somewhere secret!
Is this recession good for our Independent Retailers!
End the Exemption … in Ottawa!
There was a time when the downtown development-charge exemption was necessary.
The bylaw was designed to encourage builders to create infill between downtown towers. In theory, it would cause the construction of residences and office towers so as to revitalize Ottawa’s sagging core. The legislation was the product of decades of urban sprawl where developers built miles of mass-constructed homes and malls, resulting in a diminution of the core.
Now the world has changed. The establishment of the urban boundary has curbed growth in the countryside. But we have also seen our first taste of a new economic reality. High-priced oil last summer showed the cost of sprawl, not to mention the environmental toll. Furthermore, demographics have changed. The members of the boomer bulge are abandoning their suburban digs for smaller dwellings in town.
The writing is on the wall. The movement in our society is increasingly to the inner city.
There’s still gold in them thar Golden Horseshoe hills
Back to Southern Ontario, the auto industry and the fate of the Golden Horseshoe: One wonders what might have happened if, instead of offering the $4-billion bailout package to the Big Three, the governments had offered those funds to whomever submitted the most innovative and cost-effective proposals for stabilizing and revitalizing the industry. Perhaps the proposal from the Big Three would have carried the day, but maybe alternative proposals from Honda and Toyota, the parts manufacturers, a new consortium or some market-oriented think tank would have offered an even bigger bang for the buck.
Creativity report (Ontario In the Creative Age) falls short on strategy: Opinion:
A really new deal would stimulate the economy of the future, not the past: Richard Florida
For a stimulus to work today it has to stimulate the emerging creative economy, the engines of regional economic growth and higher incomes across Canada and the U.S.
Companies and workers in these fields also have “spillover effects.” Computer scientists and designers - unlike, say, lawyers and doctors - foster productivity in others, beyond the services they provide themselves. Creative industries also benefit from considerable synergy as arts and design combine with technology, from iPods to video games.
But it’s not enough merely to produce more scientists, engineers and artists or even high-tech entrepreneurs and entertainment moguls. We must also build an infrastructure and an economy that can sustain a demand for their creative efforts. In his book The Venturesome Economy, Columbia University business professor Amar Bhide shows how sophisticated, risk-taking consumers who demand new things and buy new products are the key to technological innovation in places such as Austin, Tex., and Silicon Valley.
And finally for Sunday morning. Enjoying those fresh veggies and strawberries et al in the dead of winter here? Go ahead and enjoy them, they just got really expensive! Not only are you eating well but you are drinking well also! Not bottled water silly but the water in those fruits and vegetables! Didn’t know that we are importing California and Mexican water, which they ain’t got much of now!
“This drought is having a devastating impact on our people, our communities, our economy and our environment, making today’s action absolutely necessary,” the Republican governor said in his statement.
Mandatory rationing is an option if the declaration and other measures are insufficient.
The drought has forced farmers to fallow their fields, put thousands of agricultural workers out of work and led to conservation measures in cities throughout the state, which is the nation’s top agricultural producer.
Agriculture losses could reach $2.8 billion this year and cost 95,000 jobs, said Lester Snow, the state water director.
Forget Oil! Got Water! The next world war!
Tags: Aging, arts groups, bailout, Boomers, California, composting, Creativity, Cyclable, Downtown, Downtown development, drought, electric motors, Farmers markets, foot-friendly, Ford, General Motors, GM, Golden Horseshoe, Green technology, GTA, Hamilton, Health Promotion, Independent retailers, Infrastructure, Kitchen waste, Libraries, Mississauga, neighbourhoods, New York, Ottawa, parks, Pedestrians, pensions, Reuse, Richard Florida, sprawl, Toilets, urban planning, Urine, Utilities, walkable, water emergency













A very funny video from the Onion:
In The Know: Should the Government stop dumping money into a Giant Hole
http://radar.planetizen.com/node/4514?prev=http%3A%2F%2Fradar.planetizen.com
Mutually assured destruction financial nuclear war - quantitative easing
Having run-out of options and unwilling to swallow the bitter medicine western economies turn to the financial nuclear option. Using Robert Mugabe’s Zimbabwe as the model for our financial system. Print money creating a temporary illusion of wealth and longer-term instability and inflation problems – brilliant!!!
Western economies are addicted to debt and dependent on credit from Asia and the Middle East. Even Canada the poster child for Western financial responsibility now has both a trade and massive budget deficits. So, how will Asians and Middle Eastern creditors react to having financial nuclear bombs dropped on there trillions of dollars of savings? Quantitative easing is mutually assured destruction financial nuclear war!
Quantitative Easing 101
http://www.bnn.ca/news/7706.html
Financial DefCon 1
China’s Premier Wen ‘Worried’ on Safety of Treasuries
http://www.bloomberg.com/apps/news?pid=20601068&sid=aVq1dGC2ozoY
The right stuff!
In my humble opinion, this is it. This is the defining moment of our time. In April the G20 meet and decide whether to follow the US, Great Britain, and Switzerland in quantitative easing. It is expected that the G20 will effectively endorse a futile attempt to reflate the world economy.
But everyone knows that this time reflation won’t work. We will lose the US dollar and the British pound in the process. We will destabilize the world. We will increase, already dangerously high, inequality. Quantitative easing will likely lead to conflicts and chaos for decades to come!
The problem is that the alternative is not palatable either. Correcting for a decade of mistakes will be painful. Unemployment will soar to the teens. Inflated unaffordable assets will free-fall in value. Businesses and governments will be squeezed. Many years of negative or no growth will be the norm. Governments rightly fear anarchy.
However, by facing-up to our mistakes now, by letting the correction process run it’s course we ensure that the pain is equitably distributed. The pain will be proportional to the false gains in the bubble years. Equality will improve. Thus, reducing the treat of anarchy.
Fairness is at the crux of the matter. Remember you cannot create something from nothing. Quantitative easing is just a shell game. It is a temporary illusion of gain that must be repaid in higher inflation later. It is a process that bails-out speculators, the wealthy, and big business now; and disproportionately saddles the rest of us with the pain, in the form of higher inflation, later. It increases inequality and thus the treat of anarchy.
Which brings me to the title of this post - the right stuff. This quantitative easing issue reminds me of “the miracle on the Hudson.” World leaders have a similar dilemma to the one US Airways Capt. Chesley Sullenberger faced. Our stricken economy cannot make it from this situation unscathed. Do will ignore this fact? And due to the fear of facing the unpalatable crash and burn in a futile effort to make it to a more appropriate landing location. Or due we face this situation with courage. And look to make the best of it, ditching our economy on the Hudson. Capt. Chesley Sullenberger had the right stuff. Let’s hope the G20 leaders have the right stuff too.
Tom Wolfe, The Right Stuff
As to just what this ineffable quality was … well, it obviously involved bravery. But it was not bravery in the simple sense of being willing to risk your life.… Any fool could do that.… No, the idea … seemed to be that a man should have the ability to go up in a hurtling piece of machinery and put his hide on the line and then have the moxie, the reflexes, the experience, the coolness, to pull back in the last yawning moment—and then to go up again the next day, and the next day, and every next day.… There was … a seemingly infinite series of tests.… A dizzy progression of steps and ledges, a ziggurat, a pyramid extraordinarily high and steep; and the idea was to prove at every foot of the way up that pyramid that you were one of the elected and anointed ones who had the right stuff and could move higher and higher and even—ultimately, God willing, one day—that you might be able to join that special few at the very top, that elite who had the capacity to bring tears to men’s eyes, the very Brotherhood of the Right Stuff itself.
G20 Recap
In the early lead up to the G20 meeting, governments were seemingly rushing to accept a wall street Faustian bargain.
The argument for quantitative easing - the Wall Street Faustian bargain to governments.
http://www.pimco.com/LeftNav/Featured+Market+Commentary/IO/2009/Investment+Outlook+Bill+Gross+March+2009+Hairy+Lips+Sink+Ships.htm
Then in the final week or so before the meeting, the implications of accepting said bargain began to surface.
-China calls for an end to the US dollar
http://uk.news.yahoo.com/22/20090323/tbs-uk-china-sdr-sb-b5819a3.html
-British cannot borrow to fund debt
http://www.marketwatch.com/news/story/British-government-bond-auction-fails/story.aspx?guid={36E76163-13F3-4E4C-85FF-76BD40B7934D}&dist=hpmp
-Tempers between Europe and the US reach boiling point.
http://finance.yahoo.com/news/EU-presidency-US-economic-apf-14737788.html
The result was a more balanced agreement- regulation and stimulus. But, is it the right balance? Only time will tell. I have my doubts, still largely the wrong type of stimulus.
http://www.financialsense.com/fsu/editorials/danielcode/2009/0403.html
At least everyone involved is more conscious of the implications of the crisis.
http://www.bnn.ca/news/8334.html
Hey Edwin - am I ever glad you’re back!
Nice to be back. I knew you’d be back too.
Wow, a banker saying, “don’t help the banks fix the economy.” Ed.Clark is my new hero.
Canada can’t lead global recovery: Clark
http://www.nationalpost.com/todays-paper/story.html?id=1471122
We cannot inflate our way out of this crisis
http://www.ft.com/cms/s/0/b498f790-4893-11de-8870-00144feabdc0.html
“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.”
Ernest Hemingway, “Notes on the Next War: A Serious Topical Letter” , 1935
Debt Burden Quickens Power Shift as G-8 Loses Clout (Update2)
http://www.bloomberg.com/apps/news?pid=20601087&sid=aEVdnjdCm1W0
Videos:
Harvard’s Ferguson Interview and
France’s Lagarde Says More Currency Coordination Needed
http://www.bloomberg.com/apps/news?pid=20601087&sid=aEVdnjdCm1W0