The computation of risk profiles for financial products and portfolios is an extremely important problem, both for regulatory and internal management purposes. For complex products whose value depends on a number of underlying risk factors and for which exercise decisions can be made prior to maturity, Monte Carlo simulation techniques are the only viable procedures. This project aims to adopt a simulation method used for pricing products, to computing risk exposures. Various ways of improving the computational speed will be explored.
In preparation for the 2011 UNESCO World Heritage Site Designation bid, Lambton County’s Oil Museum of Canada is undertaking a new project. The Oil Springs Social History Project will explain what the community of Oil Springs looked like when its population exploded as a result of the discovery of ‘Black Gold’. Described as a site of great national and international significance, the oil fields continue to flow today using much of the technology which made this sleepy town a bustling community in the 1850s and 60s.
This project involves a technical evaluation of the use of electrokinetic (EK) technology to dewater sediments that built up behind the Orr Dam in Stratford, to facilitate their removal and the continuation of normal Dam activities. EK dewatering involves the use of an applied electric field to a mass of soil in order to facilitate the removal of water from the soil. When an electric field is applied, the water is moved from the anode (positively charged electrode) to the cathode (negatively charged electrode).
This project aims to understand the relationship between the history of Hamilton’s waterworks and the greater Hamilton community. It will be based on oral interviews with past employees and will be presented to the community using digital technologies to enhance its accessibility. By focusing on themes of water safety, water pollution and water conservation the project will link the past to the present and provide an excellent opportunity for the Hamilton Museum of Steam Technology to become both more visible and active in their community.
The intern will contribute towards the design and modeling of an improved air foil for a novel wind turbine that employs two sets of contra-rotating blades. An analysis of blade strength will also be performed for a blade design suitable for volume manufacturing, developed in conjunction with company suppliers. The results of the modeling and analysis will be validated in a field trial at the company's test facility, as time permits. The improved air foil will increase power output and reduce manufacturing cost and payback period for the wind turbine.
The goal of this project is to curate an exhibition of contemporary art with three Canadian artists around the theme of art, culture and technology. The intern has developed a curatorial thesis and will select and install artworks, write didactics and an accompanying catalogue text, and act as the liaison between the artists and the gallery regarding all matters pertaining to the exhibition including list of works, shipping, crating, travel, content, contextualization, installation, publication, and dessemination.
The Macassa Mine has historically been a major producer of gold in Kirkland Lake, Ontario. Recently, Kirkland Lake Gold Inc. discovered a new South Mine Complex (SMC) which is one of the highest grade gold deposits in Canada. Mineralization in the SMC appears more sulphide rich than in the Main Break of the Macassa Mine, and this project proposes geochemical and isotopic studies on the rocks of the SMC.
The objective of this project is to participate in the development of automated methods for the extraction of cartographic features from satellite images with high spatial resolutions. Emphasis will be placed on man-made features of interest, including roads, settlement extent and large infrastructures, etc. This will involve review and performance assessment of existing methods, data preprocessing, software implementation and evaluation of new image processing methods suitable for high resolution images.
Mespere Lifesciences Inc. (Waterloo, ON) has developed a technology platform based upon near infrared spectroscopy for non-invasive, real time monitoring of the hemodynamics within central venous blood vessels. The project engineer will help in the development of a beta version of a handheld non-invasive central venous pressure monitor. Mespere currently has a working prototype based on a laptop and the new and clear requirements and execution plan for the development of a final commercial product.
In 2009, an estimated 23,400 Canadians will be diagnosed with lung cancer and 20,500 will die of it. Once diagnosed, the treatment of choice is surgical resection of the tumour using Minimally Invasive Surgery (MIS), in which two major problems exist: locating the tumour and an impaired ability to feel the tissue under examination. This project aims to develop a minimally invasive tumour localization device that can be used to palpate tissue and accurately distinguish between soft healthy tissue and tumours that are relatively stiffer.