With the cost of living sky-rocketing and incomes lagging, it’s no wonder why people are anxious about their financial futures.
No one teaches you this stuff in high school. But there will soon be an app for that, thanks in part to recent York University research funded by Mitacs.
“Most Canadians don’t have a tool to optimize their investments and only the wealthiest Canadians have access to professional financial advice. But everyone needs a solid plan for retirement,” says Dr. Michael Chen, Professor of Mathematics at York University.
As Executive Director of SmartICE Carolann Harding says, “We are a social enterprise first and foremost, and we take that very seriously. To us, maximizing a positive social impact with our community partners is our top priority.”
When your business relies on a natural habitat, your number one priority is protecting it. For John Grace and his family — owners and operators of the world-class Old Post Lodge on Northwestern Ontario’s Lake St. Joseph — conservation has been an important part of the corporate vision from day one.
That’s why Jess is on a mission to develop first-of-its-kind active workwear for women, creating an innovative, fire-retardant fabric with stretch that will form the basis for her first clothing line, set to launch in spring 2020 under her textile and clothing start-up, Jess Black Inc. Her target audience is the growing number of women choosing to work in the trades, currently pegged at four percent according to Statistics Canada’s most recent Labour Force Survey, accounting for 34,800 women.
Under a multi-phase project supported by commercial and educational entities, Austin Engineering creates digitally fabricated dam models for hydraulic and seismic testing at both their own hydraulics lab and at the University of British Columbia’s Applied Laboratory for Advanced Materials and Structures (ALAMS) in Kelowna, BC. Their most recent phase of research was followed by a prestigious international presentation.
Although an earthquake can devastate in a few short seconds, restoration and reconstruction can take years to complete. In the 2011 Christchurch, New Zealand earthquake, there were only two major building collapses, yet 70 per cent of the city’s downtown had to be demolished because buildings were deemed uninhabitable. Restoration took five years. Earthquake recovery costs are huge. According to an Insurance Board of Canada study, an earthquake either in BC or Quebec would be nearly ten times as costly as the Fort McMurray fires, which cost over $8 billion.
Timing is everything. In cleantech innovation, it’s the difference between leading and falling behind. For Professor Martin Ordonez’s team at the UBC Department of Electrical & Computer Engineering who work in power electronics and conversion, one of the ways of being ahead is developing clean energy through research in renewable electric vehicles (EV) and power storage.
On the heels of news that global carbon dioxide (CO2) emissions are soaring to record-breaking levels not seen in 800,000 years, Calgary-based SeeO2 Energy is working to reverse the trend. With the launch of its invention that converts greenhouse-gas emissions into high-value fuels and chemicals before they are released into the environment, founders Drs. Paul Addo and Beatriz Molero Sanchez take pride in helping to improve their world.