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Affichage des résultats pour les étiquettes 'research'.
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Trouvé sur ce site : Irenebrination: Notes on Architecture, Art, Fashion and Technology: May 2014 avec cette description : Également trouvé en parcourant divers site, cette photo de la maison Shaughnessy en 1948 : sur ce site : Montreal Mission | Sisters of Service -
https://blog.cogecopeer1.com/why-montreal-is-fast-emerging-as-canadas-cloud-hub?utm_campaign=FY16%20Inbound%20GLOBAL%20Mar%20Colocation%20Digital&utm_content=31021264&utm_medium=social&utm_source=linkedin So, what makes Montreal attractive for tech startups and cloud providers? The city has low power and real estate costs, making Canada’s second largest financial center more attractive to Canadian organizations. The city’s cold climate is a big advantage. One of the largest costs of running a data center is providing cooling for hardware, and having a supply of freezing cold air for much of the year helps. Montreal, with a population of a million and a half, has a plentiful supply of engineers, and is home to the largest concentration of research complexes in Canada, so is not short of skilled workers. Then there is the abundant supply of green power. It is one of the most inexpensive means of generating electricity, and for organizations requiring power hungry SANs and scaled out storage, cheap power is more attractive than the cheap connectivity offered by a city with a peering exchange.
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Per this article in The Gazette: http://www.montrealgazette.com/news/Montreal+picked+five+hubs+Future+Earth+project/10008798/story.html Montreal has been selected as one of five global hubs for a United Nations project called Future Earth, an ambitious 10-year initiative to build and connect international research on the environment and sustainable development — and to find ways to intensify and accelerate the impact of that research. It is a united, international effort to create sustainability and advance scientific study on questions of environmental impact, to merge science and public policy — and to address urgent environmental challenges. Future Earth’s globally distributed secretariat will also have hubs in Paris, Tokyo, Stockholm and Boulder, Colo. Those involved in petitioning to get the hub here — there were at least 20 competing bids — believe that Montreal’s star will definitely shine brighter on the international stage now. While the project will involve all of Montreal’s universities, Concordia University will house the local hub that will bring together Quebec researchers to contribute to this major scientific initiative. It is news that has Concordia president Alan Shepard smiling these days, although he is primarily focused on what a coup this is for Montreal and the opportunities he believes will emerge from it. “This is great for Montreal and very good for Concordia,” Shepard said in an interview on Monday. “We’ll be the host but it’s collaborative, an intersection for all the universities in Montreal to work together on climate change and the health of the Earth.” The universities came together to work on a joint proposal to lobby for the hub at the urging of Montréal International, which acts as an economic driver for Greater Montreal. Montréal International vice-president Stéphanie Allard is also convinced that Montreal’s involvement in the project can only be a boon to its universities and to the city itself. “It’s a very big opportunity for all the universities and for Montreal,” said Allard, who oversees international organizations. “It will increase our visibility in the world, it will establish us as an international city and it will certainly make us more attractive to researchers.” Future Earth is the result of a commitment made in 2012, at the United Nations conference Rio+20, to develop a new international network to advance sustainability. It is being overseen by the International Council of Science, a non-governmental association with a goal to strengthen international science for the benefit of society. The project is committed to developing the knowledge for responding effectively to the risks and opportunities of global environmental change and for supporting transformation towards global sustainability in the coming decades. It will mobilize tens of thousands of scientists while strengthening partnerships with policy-makers and other stakeholders in the quest for a sustainable planet. “Solutions to the major sustainability challenges facing humanity require integrated science and a closer relationship with policy-makers and stakeholders than we have seen to date,” said Yuan-Tseh Lee, president of the ICSU. “Future Earth has been designed to respond to these urgent needs, and I am impressed by the innovative consortium that has come together to drive the program forward.” In making its pitch, Montréal International cited that Montreal has a rich, diverse and high quality research network already in place, that it is multicultural and multilinguistic, that it is very well-positioned to be a hub and that office space is cheaper here than in many cities. Shepard said it’s hard to say what financial benefits there could be for the city, but he said having the secretariat will certainly bring UN resources, international visitors, research opportunities, graduate students and lots of attention. “Montreal becomes a neuronetwork and it’s glowing really bright,” he said, adding that the project meshed well with Concordia’s “intellectual values” of integrating different academic disciplines. An added bonus is that it also fits well with a preoccupation of the university’s students, namely sustainability and environmental science. “Future Earth clearly recognizes Montreal’s research capacity and the valuable contribution we will make in developing solutions to global environmental challenges,” said Shepard. “It’s a beautiful thing to have in your city; it will bring great intellectual leadership and passion and opportunity.” kseidman@montrealgazette.com Twitter: KSeidman
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Destinations still under utilize technologies to inspire, promote, facilitate, engage travel.. When examining technology utilisation and online presence for tourism destinations the research demonstrates that the Top 10 destinations utilising technology online are ranked as: Thailand Montreal Las Vegas Vancouver Hong Kong Puerto Rico Australia Norway United Kingdom Melbourne http://traveldailynews.asia/columns/article/49630/destinations-still-under-utilize-technologies -
Montreal scientists discover origins of rare neurological disease.
un sujet a posté bxlmontreal dans L'actualité
Lead team of international researchers. MONTREAL - An international team of researchers led by scientists from the Montreal Neurological Institute and Hospital at McGill University have discovered the origins of a rare neurological disease known as ARSACS first appears in children and exists almost exclusively in Quebec. The discovery, published in this week’s issue of the Proceedings of the National Academy of Sciences of the United States of America and singled out for special mention by the American Society for Cell Biology, revealed the disease is linked to a defect in the function of mitochondria, the energy-producing power plants of cells, which gives it a link to more common neurological diseases like Parkinson’s and ALS. This brings hope the extensive research done on those diseases will advance treatment of the rare disorder and further research in the more common diseases. “We think that by studying this disease we will not only bring treatment to those patients, but may also help to better understand how other neuro-degenerative diseases like Parkinson’s – and to a lesser degree, Alzheimer’s – function,” said Dr. Bernard Brais of the Neuro. Autosomal Recessive Spastic Ataxi of Charlevoix-Saguenay is so named because it was diagnosed among descendants of roughly 10,000 French settlers who emigrated to that region of New France. It was first recognized as a separate neurological disease in 1979. Victims show symptoms between the ages of 2 and 6 years old that include trouble walking and clumsiness. By their early 40s, sufferers must use wheelchairs and have trouble speaking. Most die in their 50s. The disease affects about 300 people in Quebec, and another 100 worldwide. In 2000, the gene that was mutated in patients was identified. All genes make proteins that carry out a certain function, but scientists didn’t know what the mutated proteins did. This year, a team of 30 scientists working at nine laboratories worldwide finally discovered that the mitochondria in neurons (cells that carry nerve impulses), particularly those found in the brain, were mutated and would shut down, leading to neurological degeneration. “You can’t even imagine what to do in terms of therapy until you know at the cellular level what’s going on,” said Dr. Peter McPherson of the Neuro. Scientists can now try different medications and chemical treatments to slow or cure the disease. Most importantly, because links were found to diseases like Parkinson’s and ALS that are also affected by mitochondrial defects, the multitude of research on those diseases, and the treatments used, can be applied to ARSACS. “For us, it definitely gives hope,” said Sonia Gobeil and Jean Groleau, whose two children were diagnosed in 2006. The Montreal couple have raised more than $2 million for research. Their children, now 6 and 8, are still fine but “we know where its going,” Gobeil said. Anything that can help to slow or cure the disease is key, the couple said. This week’s announcement was a huge step. Read more: http://www.montrealgazette.com/news/Montreal+scientists+discover+origins+rare+neurological+disease/6005135/story.html#ixzz1jkNPkYI5 -
[video=youtube;7chpllnU-To] Read more: http://www.montrealgazette.com/Bank+Canada+unveils+secure+plastic+bank+notes/4976595/story.html#ixzz1Pr2CMMca
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Read more: http://www.montrealgazette.com/technology/million+supercomputer+just+cool/4947908/story.html#ixzz1PNeR8W5L
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This has to be one of the coolest videos, It shows almost every project proposed in the Montreal downtown area ! Les Cours Aldred Altoria Altitude Astoria M9 Phase 3/4 900 Square Phillips Chum Research center Marriot Triomphe Ritz Loft des arts Phase 2 Solano Phase 4 And some others that I don't know... http://www.youtube.com/watch?v=2oRRppDMvGQ
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(Courtesy of The Globe and Mail) WOW :eek:
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Montréal, 3ième ville en amérique du nord pour l'industrie musicale
un sujet a posté Zax dans L'actualité
Selon Martin Prosperity Institute The Great Musical North November 12, 2009 The music business is a fascinating example of a creativity-driven industry. Advances in manufacturing and sound recording technology mean that only a small part of the value of the final product – a compact disc or digital download – is generated by manufacturing and distribution. Instead, most of the costs of the music business today are incurred by creative work: writing, producing and performing the music; designing the packaging and branding; and marketing via blogs, magazines, videos and more. This emphasis on creative inputs makes the music industry an excellent research subject for improving our understanding of the geography (and other dynamics) of a broad range of creative industries, from software to medicine to media. While the public perception exists that Canada is a hot spot for music and musicians (from Neil Young to Shania Twain to Kardinal Offishall), a comparison with the global leader in music production – the United States – will help us to separate perception from reality. The most recent period for which detailed and directly comparable data are available is 2007. This Insight aims to improve our understanding of the dynamics of the business by focusing on one particular aspect: the differences between the music industries of Canada and the United States. On a per capita basis, Canada’s music industry dramatically outperforms the US when it comes to the presence of music business establishments (this category includes record labels, distributors, recording studios, and music publishers). Canada has 5.9 recording industry establishments per 100,000 residents, about five times the US figure of 1.2. A detailed breakdown at the metropolitan level can help us to better understand what drives this disparity. To make the scope of our analysis more manageable, we focus on city-regions with populations over 500,000, as they are home to 85% of recording industry establishments and about 65% of the North American population. Using location quotients, a standard industry measure of regional concentration, we find that almost half of the 15 cities with the highest music industry location quotients are Canadian (Exhibit 1). But despite its much lower per capita figure at the national level, the United States has the two top-ranking cities. The first, Nashville, boasts an incredibly high figure due to its heavy specialization in country and pop music. The second, Los Angeles, is the global giant of the entertainment business. US dominance becomes more apparent when we look at size. Recording industry establishments in the US are slightly larger – they have an average of 5.9 employees each, compared to only 5.7 in Canada. But the difference is dramatically more pronounced when it comes to revenue. US establishments earn average receipts of $4.1 million per establishment, compared to only US$540,000 in Canada. So Canada has considerably greater per capita musical activity than the United States in terms of record labels, recording studios, and licensing houses. But the data tell us that the United States has much higher-earning businesses that are more heavily clustered in fewer places – especially Nashville, Los Angeles, and to a lesser extent, New York. While this research is preliminary, we can speculate about what drives these differences. Economic geographers, from Jane Jacobs to Allen Scott to the Martin Prosperity Institute’s own recent analysis, have long noted that growth in creative industries like music tends to be driven by clustering and economies of scope and scale. The concentration of the American music business in a few key cities likely encourages these forces. In Canada, the fact that the music business is more evenly distributed is certainly a positive thing for musicians looking for opportunities in smaller cities. But failure to cluster in a few key centres may be discouraging the Canadian music industry from growing larger and more internationally competitive. [/img] -
Analysis of Flickr photos could lead to online travel books
un sujet a posté ErickMontreal dans L'actualité
Analysis of Flickr photos could lead to online travel books Representative images for the top landmark in each of the top 20 North American cities. All parts of the figure, including images, textual labels and the map itself, were produced automatically from the researchers' geo-tagged photos. April 28th, 2009 By Paul Redfern Cornell scientists have downloaded and analyzed nearly 35 million Flickr photos taken by more than 300,000 photographers from around the globe, using a supercomputer at the Cornell Center for Advanced Computing (CAC). Their research, which was presented at the International World Wide Web Conference in Madrid, April 20-24, provides a new and practical way to automatically organize, label and summarize large-scale collections of digital images. The scalability of the method allows for mining information latent in very large sets of images, raising the intriguing possibility of an online travel guidebook that could automatically identify the best sites to visit on a vacation, as judged by the collective wisdom of the world's photographers. The research also generated statistics on the world's most photographed cities and landmarks, gleaned from the analysis of the multi-terabyte photo collection: • The top 25 most photographed cities in the Flickr data are (in order): New York City, London, San Francisco, Paris, Los Angeles, Chicago, Washington, D.C., Seattle, Rome, Amsterdam, Boston, Barcelona, San Diego, Berlin, Las Vegas, Florence, Toronto, Milan, Vancouver, Madrid, Venice, Philadelphia, Austin, Dublin, Portland. • The top seven most photographed landmarks are (in order): Eiffel Tower, Paris; Trafalgar Square, London; Tate Modern museum, London; Big Ben, London; Notre Dame, Paris; The Eye, London; the Empire State Building, New York City. Interestingly, the Apple Store in midtown Manhattan was the fifth-most photographed place in New York City -- and the 28th-most photographed place in the world. The researchers developed techniques to identify places that people find interesting to photograph, showing results for thousands of locations at both city and landmark scales. "We developed classification methods for characterizing these locations from visual, textual and temporal features," said Daniel Huttenlocher, the John P. and Rilla Neafsey Professor of Computing, Information Science and Business and Stephen H. Weiss fellow. "These methods reveal that both visual and temporal features improve the ability to estimate the location of a photo compared to using just textual tags." As the creation of digital data accelerates, said CAC director David Lifka, "supercomputers and high-performance storage systems will be essential in order to quickly store, archive, preserve and retrieve large-scale data collections." The research was supported in part by the National Science Foundation (NSF) and by funding from Google, Yahoo! and the John D. and Catherine T. MacArthur Foundation. The CAC is supported by Cornell, the NSF, the Department of Defense, the Department of Agriculture and members of its corporate program. http://www.cs.cornell.edu/~dph/paper...omap-www09.pdf . -
Après plus d'un an et demi de discussions, RIM s'adresse directement au marché pour faire l'acquisition de la compagnie pour 66 M$. Pour en lire plus...
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Le fabricant du BlackBerry prévoit des profits ajustés de 81 à 83 cents US par action au troisième trimestre, alors qu'il tablait auparavant sur 89 à 97 cents. Pour en lire plus...
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Fragilisée depuis le début de la crise financière, RIM voit son action chuter lourdement mardi et son titre a chuté de 70% depuis juin. Pour en lire plus...
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Le titre de Research In Motion a connu hier sa pire dégringolade en un mois à New York à cause de la pénurie de son nouveau téléphone intelligent Storm. Pour en lire plus...
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As the Economy Worsens, Is There Money for Play? The economy was a factor in a recent merger involving Dale Earnhardt’s team, left. General Motors often runs Super Bowl commercials, center, and sponsors events like the baseball All-Star Game. By KATIE THOMAS Published: November 15, 2008 From the “Buick” emblazoned on Tiger Woods’s golf bag to the Chevrolet Camaro that Cole Hamels drove home last month for being named the most valuable player of the World Series, it is hard to be a sports fan without stumbling across some type of advertisement for General Motors. The company consistently ranks first among advertisers of televised sporting events, outspending other automakers by more than two to one. Billy Casper, left, received a car for winning the inaugural Buick Open in 1958. The tournament has been a PGA Tour staple. But as G.M. faces a financial crisis that has executives pleading with Congress for a federal bailout, many are wondering how far the company’s troubles will extend into the sports industry, which is already struggling to attract advertisers and sponsors in a weakened economy. “It’s one of those trickle-down effects that people don’t look at,” said David E. Cole, the chairman of the Center for Automotive Research, a nonprofit research organization. “It has already hit hard.” G.M. has been scaling back its sports presence for at least a year. Cadillac, a G.M. brand, withdrew its sponsorship of the Masters golf tournament in January, and this summer, G.M. ended its relationships with two Nascar racetracks: Bristol Motor Speedway in Tennessee and New Hampshire Motor Speedway. The company is not renewing its longstanding partnership with the United States Olympic Committee when their contract expires at the end of this year. In one of the most dramatic examples of the company’s diminishing sports profile, G.M. said recently that it would not buy television commercials in this season’s Super Bowl broadcast. As G.M. argues its case before Congress, some firms whose contracts with the company are up for renewal are anxiously monitoring developments. “We’re actually in negotiations as we speak,” said Mitch Huberman, the senior vice president of Fox Sports Enterprises, which owns Pac-10 Properties and handles marketing for the Pacific-10 conference. Its contract with Pontiac, also produced by G.M., ends this year. “There are a lot of question marks in terms of where budgets are going,” Huberman said. “It’s kind of wait and see.” G.M., hit hard by plummeting consumer spending and tight credit markets, has reported that it is running out of cash and faces bankruptcy if it does not receive emergency federal assistance. In its third-quarter report, released earlier this month, the company said it planned to trim advertising by 20 percent and promotional spending by 25 percent. “We’re looking at literally everything,” said Peter Ternes, G.M.’s director of communications for sales, service and marketing. He said the cuts would be applied evenly but did not provide details about proposed changes to the company’s sports budget. Still, he said G.M. would not withdraw from sports entirely. “I think we’ll still be there,” he said. “It may not be at the volume that people have seen before, but we’ll still be a presence.” G.M.’s troubles come at a time when sports organizations are struggling to attract sponsors in a weak economy. The Nascar teams Chip Ganassi Racing and Dale Earnhardt Inc., citing a difficult economic climate, announced a merger last week. On Friday, the Tour de Georgia, one of the nation’s premier cycling events, said it was canceling its 2009 race because it could not find a sponsor. Also on Friday, Nascar said it was suspending all testing at its tracks next season as a cost-cutting measure. Like beer and razors, automobiles have long been a staple of commercials during major sporting events, and for good reason, marketing experts said. At a time when digital video recorders and an array of cable channels have splintered television audiences, sporting events attract a large and passionate audience who often watch events as they happen. G.M. has historically taken advantage of this audience by investing heavily in television advertising. The company has been the top TV sports advertiser for at least the last five years, vastly outspending its nearest competitors. For example, in 2007, G.M. spent close to $578 million on TV sports advertising. The No. 2 advertiser, Toyota, spent less than half that, or nearly $287 million, according to Nielsen Media Research. Earlier this year, General Motors aired 11 advertisements during the Super Bowl, according to TNS Media Intelligence, a research firm. The decision not to buy a Super Bowl ad in 2009 may have more to do with public perception than with the company’s cash-strapped predicament. This year’s spots are each selling for $3 million, a fraction of G.M.’s total sports spending. However, if the company were to receive a federal bailout, airing a Super Bowl commercial could anger taxpayers who see the purchase as extravagant, said Kenneth L. Shropshire, the director of the Wharton Sports Business Initiative at the University of Pennsylvania. “Then people are saying, was that the right use of money for a one-day sporting event?” he said. Although executives for several television outlets would not speak publicly, several said their sales representatives had detected a shift in G.M.’s ad purchases — what some called a “flight to quality” — toward programs that have proved successful in the past. And although G.M. recently scaled back its presence on networks in prime time, one network television executive said sports remained a “stable destination.” There are signs that G.M. is continuing to invest in some sports. About a year ago, Chevrolet extended its sponsorship of Major League Baseball through the 2010 season. Ternes, the G.M. spokesman, pointed to plans by the company to invest heavily in next year’s N.C.A.A. men’s Final Four in Detroit, the nation’s automobile capital. On the surface, organizations with existing agreements with G.M. may consider a bailout a preferable outcome, because under a bankruptcy, the company could ask a court to void contracts. But because a federal bailout would also very likely lead to significant restructuring, some said G.M. could be compelled to try to renegotiate active contracts anyway. “With the bailout probably comes strings attached, and what those strings are, who knows?” said Greg Brown, the president of Learfield Sports, which handles marketing for 50 university athletic programs. Rather than seek to cancel existing contracts, several sports executives said G.M. and other companies were more likely to scale back promotions and focus on initiatives that led directly to a sale. “If you’re on the verge of bankruptcy, then you want to find out how to get the money now, rather than how do I get the 15-year-old to start thinking about the car they want to buy in the future?” Shropshire said. Sponsors may focus on promotions that draw fans to dealerships, like T-shirt giveaways or ticket sweepstakes, said Jim Andrews, the editorial director of IEG Sponsorship Report, a trade publication. Sponsorships, he added, can also create a “warm, fuzzy” perception that a company is supporting a customer’s favorite team. “That’s why you’re not seeing any of the automakers, even though they are in dire straits, saying we’ve got to pull out wholesale,” Andrews said. “Because I think they know there is a return on investment.” In some cases, foreign automakers have stepped in when American companies have pulled out. Chevrolet, for example, decided not to renew its sponsorship of the United States Ski Team last year, but Audi took its place. Honda recently replaced Dodge as the official automobile of the N.H.L. Although the troubles in Detroit played a role in that outcome, Honda fit better within the N.H.L.’s goal of becoming a more international brand, according to Keith Wachtel, the league’s senior vice president for corporate sales and marketing. But for now, marketers at a variety of sports organizations say they are in for some tough times. “In this environment, autos are going to be off across the board,” said Tim Finchem, the commissioner of the PGA Tour. Two of its tournaments are sponsored by Buick through 2010, and others are sponsored by Chrysler, BMW, Honda and Mercedes. “They’re doing, in varying degrees, terrible,” he said. “The U.S. automakers are really struggling. Now, who knows?” Finchem, however, said he was confident the companies would remain in business, which meant “they’re still going to be selling cars and, again, we have a good platform from which they can promote.”
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Selon l'Engineering and Physical Sciences Research Council (EPSRC) du Royaume-Uni, plus de 2000 avions commerciaux sont actuellement en attente d'être démantelés à l'échelle du globe. Pour en lire plus...
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La semaine n'a pas été tendre pour Research In Motion (RIM), fabricant des fameux téléphones BlackBerry. Pour en lire plus...
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L'action de Research In Motion a dégringolé de 28 pour cent vendredi, après que les dirigeants de l'entreprise eurent offert des prévisions conservatrices pour le trimestre en cours. Il s'agissait de la plus forte baisse de l'histoire de RIM. Pour en lire plus...
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Research In Motion (TSX:RIM) a affiché jeudi, après la fermeture des marchés, un bénéfice du deuxième trimestre en hausse de 72 pour cent, à 495,5 millions $ US. Pour en lire plus...
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La société lavalloise pose le pied pour la première fois en Europe grâce à l'acquisition de Simbec Research au Pays-de-Galles. Pour en lire plus...
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L'importante entreprise de services financiers n'a aucune intention d'équiper ses employés du iPhone d'Apple au détriment du BlackBerry de Research in Motion. Pour en lire plus...
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Construction slowdown looms VIRGINIA GALT Globe and Mail Update August 7, 2008 at 6:22 PM EDT The head of construction powerhouse EllisDon said Thursday he is “very wary and very concerned” about where the Canadian economy is going. “I am worried right across the country that things are tightening up and that a year from now we are going to see a drop-off,” Geoff Smith, the company's president and chief executive officer said in an interview after Statistics Canada reported that the total value of building permits fell 5.3 per cent in June to $6.3-billion. Economists had projected a decline in the value of building permits issued in June, but not of the magnitude that Statistics Canada reported. The consensus had been for a 1 per cent drop Mr. Smith expressed concern for the construction industry as a whole Thursday, although EllisDon has not yet experienced a drop in demand for the heavy construction in which it specializes. “Over the short term, we [at EllisDon] are still seeing a reasonably healthy market. A lot of that is in public sector work and infrastructure rebuilding work,” he said. “But I certainly understand that once you get outside of that space, the big hospital and infrastructure spending, that things are quite tight in the industry,” Mr. Smith said. Statscan reported Thursday that the slowdown in the residential sector resulted in a month-to-month decline of 4.4 per cent to $3.6-billion in June. And in the non-residential sector, the value of permits decreased by 6.6 per cent to $2.8-billion, due to declines in industrial and commercial building intentions, Statscan reported. Mr. Smith said major commercial and industrial customers are being “more careful” about committing to new projects. However, the outlook is not nearly as bleak as in the 1990s, “where things just dried up very dramatically,” he said. The market is cooling, but new projects are still being planned, added Sandy McNair, president of Toronto-based Altus InSite, which conducts market research for governments, lenders, building managers and the heavy construction industry. “No-one's gone crazy and thinking they are going to start 30 new buildings tomorrow. But on the other hand, there is no sense that the sky is falling and our world is about to end either,” Mr. McNair said. Toronto-Dominion Bank economist Millan Mulraine said in a research note that the decline in the value of building permits was broad-based – and “on a city-by-city comparison, the report was fairly ugly.” The value of permits issued in Montreal was down 12.1 per cent, in Calgary down 15.2 per cent, in Vancouver down 13.4 per cent and in Saskatoon down 16.7 per cent, Mr. Mulraine wrote, adding that the overall value of building permits is now 9.1 per cent lower than in the corresponding period last year. Merrill Lynch economist David Wolf said in an economic report Thursday that Canada's housing market is entering a “sustained downturn” and he expects Canadian home builders to pull back “substantially” in response. Bank of Montreal economists had expected June building permits to decline 3.1 per cent, “as the housing market continues to cool and non-residential intentions retrace part of the prior month's massive gain,” the bank said in a research note. The steepest decline occurred in Ontario, where the value of building permits was down 7.9 per cent to $2.3-billion, due mainly to a 15.8 per cent decline in plans for non-residential buildings, Statscan said. The decline in Ontario's residential sector was 1.7 per cent. Alberta posted a 7.5 per cent decline, due to a 19.6 per cent drop in the residential sector. British Columbia and New Brunswick also experienced declines in both the residential and non-residential sectors, Statscan said. “In contrast, intentions rose 3.5 per cent in Quebec, with gains in both the residential and non-residential sectors.” Overall, there was a slight increase in the value of permits issued for single-family residences – up 1.8 per cent to $2.3-billion. But there was a sharp drop in the value of permits issued for multiple-family dwellings. “Municipalities issued $1.3-billion worth of permits for multi-family housing in June, down 13.8 per cent, a second consecutive monthly decrease. Most of these declines occurred in Ontario and Alberta,” Statscan said. “It is now becoming clear that the Canadian housing market is continuing to cool, as the level of activity moderates to more sustainable levels,” the TD Bank said in its research note. “And we expected this correction to continue at a measured and orderly pace.” Mr. McNair said the month-to-month data on non-residential building activity tends to be “lumpy” because these tend to be larger projects “and the decisions don't get made evenly spread out across the 12 months of the year.” There is “a reasonable level of activity going on across the country” right now, he said. “Edmonton has never had more construction activity in 20 years in terms of office building activity. Calgary is extremely active as well. Toronto has a healthy level of construction activity going on right now. Ottawa, even Montreal, have a healthy level of activity under way,” Mr. McNair said. “They have got their permits and they are building them out.” Mr. McNair said the residential sector appears to be stable as well, although construction activity is moderating from the rapid pace of the past few years. “It [residential] is moderating, but it's not going over a cliff the way it has in the United States,” he said. Comme si c`était surprenant que Montreal aille bien..... Globe and mail cr**
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Le groupe pharmaceutique suisse achète le laboratoire Arius Research en payant 2,44 $ par action, une prime de 15% sur le prix de clôture de mardi. Pour en lire plus...
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Le prix de l'essence a eu une influence sur les habitudes de consommation des Américains. C'est ce qu'indique une étude menée par le Consumer Reports National Research Center. Pour en lire plus...
