Recent changes to extended producer responsibility in Canada

Mandatory extended producer responsibility (EPR) systems continue to roll-out in Canadian provinces, making producers responsible for the products and product packaging they supply to consumers. The rollouts include new fees, third party verification of data, significant penalties for non-compliance, and expansion of scope.  Most provinces have now enacted EPR legislation, except for Prince Edward Island, Newfoundland and Labrador, Nunavut and Northwest Territories. As we have discussed in previous articles, EPR…

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8080 Books – Microsoft

As fans of books, especially in their physical format, it is our great pleasure to launch 8080 Books, an imprint of Microsoft. Our first title, No Prize for Pessimism, is authored by Sam Schillace, deputy chief technology officer at Microsoft, and is available today. Our second title, Platform Mindset, by Marcus Fontoura, will be available later this year.  Computing has become an essential ingredient to almost every endeavor on our…

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Is Working Yourself “To The Bone” Ever Worth It?

In some sectors, workers are constantly pushed to extremes, not unlike stunt performers whose bodies are treated as tools – stretched and sacrificed to meet professional demands. Notably, similar patterns are observed in soul-sucking, albeit prized, careers such as consulting, investment banking and other financial services. The recent deaths of employees from Bank of America and Ernst & Young resulting from overwork reignited the furore arising from the alleged 100-hour…

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Austin Calling: As Texas Absorbs Influx of Residents, Rekor Taps NVIDIA Technology for Roadway Safety, Traffic Relief

Austin is drawing people to jobs, music venues, comedy clubs, barbecue and more. But with this boom has come a big city blues: traffic jams. Rekor, which offers traffic management and public safety analytics, has a front-row seat to the increasing traffic from an influx of new residents migrating to Austin. Rekor works with the Texas Department of Transportation, which has a $7 billion project addressing this, to help mitigate…

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New Ruling Says Engagement Ring Must be Returned to Donor if the Engagement Fails

In a diversion from longstanding Massachusetts law, the Massachusetts Supreme Judicial Court (“SJC”) has adopted the modern trend that following a failed engagement, regardless of which party breaks off the engagement, the engagement ring must be returned to the donor. The decision overturns the Commonwealth’s previously settled rule that if the engagement failed, then the engagement ring should go to the party who was not responsible for terminating the engagement.…

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Take Two: Proposed Amendments to Alberta’s PPCLA and the PWA​ (Bill 30)

Background On Nov. 4, 2024, the Minister of Service tabled Bill 30, the Service Alberta Statutes Amendment Act, 2024 (Bill 30). Bill 30 introduces proposed amendments to Alberta’s Prompt Payment and Construction Lien Act (the PPCLA) and the Public Works Act (the PWA) that could result in changes to the province’s construction industry. Bill 30 presents an interesting opportunity for the Alberta Legislature to provide additional clarification around the adjudication…

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Watermarked LLMs Offer Benefits, but Leading Strategies Come With Tradeoffs

It's increasingly difficult to discern between content generated by humans and artificial intelligence. To help create more transparency around this issue and detect when AI-generated content is used maliciously, computer scientists are researching ways to label content created by large language models (LLMs). One solution: using watermarks. A new study(opens in new window) from School of Computer Science(opens in new window) researchers looks at the tradeoffs of some of the…

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How a European growth company kept on trucking through market setbacks

For sennder, a leading European digital road freight forwarder, challenges have been catalysts for growth. Founded in 2015, the Berlin-based trucking company has rapidly transformed the European industry by digitalizing road logistics. Although sennder’s growth has been explosive, it hasn’t come without hurdles. However, thanks to a culture of learning, transparency, accountability, and team spirit, the company has used setbacks as opportunities to scale its operations, secure significant funding, and…

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OCMT chokes on Bitfarms 15 per cent poison pill

The Ontario Capital Markets Tribunal (OCMT) cease traded the Bitfarms Ltd. (Bitfarms) shareholder rights plan pursuant to its public interest powers. The OCMT’s decision found the Plan “undermined, in a real and substantial way, the principles underlying the take-over bid regime.” The reasons for the decision provide important insights into the use of shareholder rights plans to prevent hostile take-over bids. What you need to know The purpose of the…

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Transmitting an Unwritten Culture: Hermès HR Leader Sharon MacBeath

Topics Culture Champions Building a healthy culture is one of the most important — and hardest — leadership jobs. These articles, based on a webinar series and research by Donald Sull and CultureX, share actionable advice from leaders whose cultures produced exceptional business results and a world-class employee experience. More in this series subscribe-icon Subscribe Share Aleksandar Savic Hermès is one of the world’s most admired brands, renowned for its…

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Ontario Cyber Security Standard: Impact on licensed electricity transmitters and distributors

On Oct. 1, 2024, amendments to the Ontario Energy Board’s (OEB) Transmission System Code (TSC) and Distribution System Code (DSC, and together, the Codes) came into force. The amendments are intended to facilitate and enhance cyber security readiness, collaboration and innovation in Ontario’s electricity sector. The amendments require licensed electricity transmitters and distributors (utilities) to comply with the new Ontario Cyber Security Standard (the Standard), which lays out cyber security…

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Are Premium Bonds a suitable way to hold your wealth as the prize rate falls?

More than 22 million savers in the UK hold Premium Bonds, hoping to be among the lucky ones who win big in the monthly prize draw. Every £1 you invest in Premium Bonds gives you a single entry into the draw, with a top prize of £1 million. This might make Premium Bonds sound very attractive, but it’s important to remember that only two incredibly fortunate people win £1 million…

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Security, Emancipation, and Hope: Africa and the Middle East Address Turmoil

The Red Sea, between Africa and Asia, plays an essential role in international trade and oil transport. Any disruption or closure due to intensifying conflict in the Middle East would have immediate repercussions for the economies of many African states. For example, countries such as Djibouti, Eritrea, Kenya and Egypt rely heavily on this sea route for their imports of essential goods. Closure or disruption would increase logistics costs, making…

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Tax planning for non-doms: how to leverage the temporary repatriation facility in 2025

By Tahir Mahmood and Jonathan Gold | 18 Nov, 2024 A great deal has been written since Rachel Reeves delivered her maiden budget on 30th October. Much of it has focussed on her fiscal policies for raising taxes. Most notably for the UK-based investor community, some of the announcements focused on the non-domiciled regime of taxation have created some highly significant planning opportunities. Opportunity Before April 2025: Navigating the Transition…

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Capturing the generative AI opportunity for the Dutch labor market

The Dutch labor market is strong and evolving: labor force participation is notably high, and unemployment levels are historically low. But ongoing trends, including an aging population and declining productivity growth, are putting the labor market under pressure. Recently, McKinsey projected that labor market tightness could triple by 2030 if the Netherlands maintains current levels of growth in GDP (1.6 percent CAGR) and productivity (0.4 percent CAGR). While traditional automation…

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Financial intermediation beyond banks: taking a macroprudential approach

28 November 2024By François Haas, Cornelia Holthausen and Vasileios Madouros[1]The European Commission is seeking the views of stakeholders on policies to guard against the build-up of systemic risk in the financial sector beyond banks. This ECB Blog post describes the pillars of a macroprudential approach for the so-called non-bank financial sector and explains the need to further develop the policy framework.Since the global financial crisis, a key development in the…

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Holiday Shopping Surge: Bracing for the Increased Retail Workplace Violence Risks

Quick Hits Retail employers face increased risks of workplace violence during the holiday season due to larger crowds, heightened stress, and potential understaffing, among other factors. Retail employers may want to consider steps to mitigate workplace violence risks such as developing a workplace violence prevention plan, training staff, and enhancing security measures during the busy shopping season. The welcome heightened retail activity can lead to increased stress, longer working hours,…

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Why Indian Climate Tech Is the Sector to Watch

Already the world’s fastest-growing major economy, India is on track to become the third largest by 2030. However, this development comes with a significant challenge − sustainability. India ranks seventh globally for climate vulnerability, and both its consumers and companies are generally unwilling or unable to pay a ‘green premium’ for sustainable solutions. This means that Indian climate entrepreneurs must focus on cost-effective innovations that can scale without raising prices.Solutions…

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Bilateral Dynamism: New Comprehensive Russia-DPRK Partnership Treaty

On November 27, the Valdai Club hosted an expert discussion on the Russia-DPRK Treaty and the security situation in Northeast Asia. The moderator of the discussion was Ivan Timofeev, Programme Director of the Valdai Club. Dmitry Kiku, Deputy Director of the Department for Control over External Restrictions of the Ministry of Finance of the Russian Federation, called the Russia-DPRK Strategic Comprehensive Partnership Treaty a continuation of the bilateral treaties and…

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3 Ways to Manage Post-Election Stress at Work and Home This Holiday Season

Elections are more than debates and opinions—they’re emotional whirlwinds that don’t end when the polls close. This year, presidential election stress is breaking records, with reported levels higher than in both 2020 and 2016. And the fallout lingers. A University of Nevada study found that moderate to severe anxiety and depression can persist for up to three months after an election. And, it’s the holidays. Trust & Will found that…

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The state of grocery retail in Latin America

Latin America’s grocery retailers are finally on firm ground again. After several volatile years—with grocers battling everything from the COVID-19 pandemic to inflation and rising joblessness—the sector showed signs of stabilizing in the first half of 2024, leading to increases in spending. Yet challenges persist. Our latest report finds four primary trends grocery retailers across Latin America must respond to: consumers’ continuing search for value, an ongoing transformation of the…

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Climate issues catch up with India

The city’s hospitals have also reported a huge surge in the number of consultations for pulmonary infections and respiratory difficulties. Pollution is estimated to be responsible for around 12,000 deaths a year in New Delhi, equivalent to over 10% of all deaths in the city. The authorities are in denial, stubbornly claiming that “there is no conclusive data available to establish a direct correlation of death exclusively with air pollution”.…

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European nongrocery retail: Transition and transformation

Over the past five years, nongrocery retailers in Europe have faced twin challenges: navigating fierce macroeconomic headwinds and a heightened competitive landscape while catering to increasingly selective consumers. On the first count, inflation-adjusted sales have yet to return to 2019 levels in all top European markets, and generalist marketplaces and discounters have ignited a race to the bottom on price and quality. Balancing sustainability with growth poses a dilemma to…

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A Better Way to Avoid Project Delays

Frontiers Many organizations estimate project timelines inaccurately. Working from past project examples, however, can improve on-time completion. Matej Lorko, Maroš Servátka, and Le Zhang November 27, 2024 Reading Time: 6 min  Topics Operations Project Management Frontiers An MIT SMR initiative exploring how technology is reshaping the practice of management. More in this series Hardie/Ikon Images Why do so many managers underestimate the time it will take to complete a significant…

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Breaking Down the Implications of Using Generative AI in Retail Advertising

Generative AI tools have advanced tremendously in recent years, moving beyond novelties to becoming indispensable tools for companies to leverage. The ability of AI to generate images and videos, not just text, has caught the attention of many retailers, with brands such as Levi’s, Dove and Nike already capitalizing on AI to create marketing and advertising content. These tools allow for quick iterations and refinement, resulting in time and monetary…

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The capex crystal ball: Beating the odds in mining project delivery

The past few decades have not been easy for project deployment in metals and mining. Historically, the approach to project execution has been characterized by poor front-end project definition, misaligned incentives, constrained resources, and deeply ingrained legacy practices. Further complicating matters, the outbreak of COVID-19 created a whirlwind of volatility in most industrial markets, with volatility in few markets rivaling the level of operational disruption in mining. Since then, mining…

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Military Aspect of Turkey’s Foreign Policy in the Middle East and North Africa: The Case of Libya

For a long time, Turkey’s military industry has been critically dependent on Western financing, institutions and technology, the fragmentary manifestations and consequences of which persist today. However, during the AKP period, the Turkish military-industrial complex has gone through two main stages of development: eliminating external dependence and developing the country’s internal potential and introducing a high-tech component of the military-industrial complex and entering the international market, writes Nubara Kulieva, a…

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Protecting Workers From Heat Illness: Nevada’s New Regulation

Quick Hits On November 15, 2024, the State of Nevada adopted a regulation to protect workers from heat-related illnesses, requiring covered employers to conduct job hazard analyses, designate employees for emergency response, and implement comprehensive safety programs. The regulation requires employers to implement measures that will “reasonably mitigate the risk of occupational exposure to heat illness for affected employees.” These include the provision of water, rest breaks, cooling methods, and…

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Lord Hague of Richmond elected as new Chancellor of Oxford University

Lord Hague will be formally inaugurated as Chancellor early in the New Year and serve for a term of 10 years. He becomes the 160th recorded Chancellor in the University’s history, a role that dates back at least 800 years.Lord Hague, the Chancellor-elect, said: ‘Thank you to my fellow Oxonians for placing such confidence in me. I regard being elected as the Chancellor of our university as the greatest honour of…

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How to Prevent a Global Civil War

Today’s developments around the world are reminiscent of a global civil conflict, and humanity must develop new tools to address them. This was emphasized by Andrey Bystritskiy, Chair of the Board at the Foundation for Development and Support of the Valdai Discussion Club, during his speech at the Global South Media and Think Tank Summit held in São Paulo on November 10-11 and themed “Development and Revitalization: A New Journey for the Global South.” In his address, Andrey Bystritskiy noted that…

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Bonus Episode: Lessons From Jobs in the Age of AI

Topics Artificial Intelligence and Business Strategy The Artificial Intelligence and Business Strategy initiative explores the growing use of artificial intelligence in the business landscape. The exploration looks specifically at how AI is affecting the development and execution of strategy in organizations. In collaboration with More in this series Get updates by email Please enter a valid email address Thank you for signing up Privacy Policy On Sept. 4, 2024, Me,…

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Buckle up: Alberta’s new guidelines on motor vehicle protection products and potential for captive insurance

On Oct. 10, 2024 the Office of the Alberta Superintendent of Insurance published Interpretation Bulletin No. 05-2024 (the Bulletin) setting out the Superintendent’s position with respect to products commonly marketed by automobile dealerships in conjunction with the sale of motor vehicles. The Bulletin comes on the heels of a similar bulletin published by the British Columbia Financial Services Authority earlier this year. We have been engaged to assist several industry…

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AI Isn’t the ‘Easy’ Button

As much as we wish it were true, AI isn’t an “easy” button. Instead, planning for AI is more like an odd game of Candyland that requires you to chart a path through the “Fog of FUD (fear, uncertainty, and doubt), over the mountain of “Inflated Expectations,” and across the “Valley of Disillusionment” before you finally reach the Peak of Improved Performance. While no two organizations’ paths will be the…

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How the best CEOs build lasting stakeholder relationships

It’s been five years since the Business Roundtable, an association of more than 200 CEOs of leading US companies, redefined the purpose of a corporation as delivering value to all stakeholders—“our companies, our communities, and our country.” While the perception of stakeholder capitalism has evolved since then, the roundtable’s focus on stakeholders beyond shareholders reinforced the importance of a skill that not all chief executives have mastered: managing a broad range…

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What to know about hearing loss

Around 1.5 billion people globally experience some level of hearing loss – that’s nearly 20% of the world’s population. Losing the ability to hear can be devastating, and navigating the potential treatments isn’t always straightforward.What actually causes it? Are there new treatments that can restore hearing? Can it be reversed? How does air travel affect hearing loss?Konstantina Stankovic, MD, PhD, professor of otolaryngology, helps readers navigate these questions and more…

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Scientists warn of ‘invisible threat’ of microplastics as global treaty nears completion

Even if global production and pollution of new plastic is drastically reduced, scientists, writing in the journal Nature Communications, say that legacy plastics, the billions of tonnes of waste already in the environment, will continue to break down into tiny particles called microplastics for decades or centuries.These fragments contaminate oceans, land, and the air we breathe, posing risks to marine life, food production and human health. The researchers – from…

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Sheldonian Series launches with an energetic and open exchange of views on ‘Democracy’

A large audience of staff, students and alumni enjoyed lively debate on the subject of ‘Democracy’ for the University’s inaugural Sheldonian Series event at the Sheldonian Theatre on Monday 25 November.In an unprecedented year for global democratic elections, and just a few weeks after the US presidential election, those in attendance examined a range of viewpoints for a very topical debate. Discussions on the theme explored talking points such as the future…

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Germany’s Bureaucracy Reduction Act IV Will Begin the Process of Streamlining Formal Requirements of Employment Law

One component of this—the so-called “Bureaucracy Reduction Act IV” (BEG IV)—was promulgated in the Federal Law Gazette on October 29, 2024, and it will come into effect on January 1, 2025. Accordingly, it is worthwhile to take a closer look at the changes relevant to employers. Quick Hits Simplifying employment documentation: The Bureaucracy Reduction Act IV (BEG IV) allows essential employment terms and conditions to be transmitted in digital form…

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