Peterborough Blogs
Three Peterborough Petes Named to NHL Central Scouting Preliminary Players to Watch List
/Peterborough Petes Carson Cameron, Caden Taylor and Aiden Young have made the NHL Central Scouting’s annual Preliminary Players to Watch List for the 2025 NHL Draft, announced on Wednesday.
Photos courtesy of Kenneth Andersen and the Peterborough Petes.
Cameron, a 2007-born defenceman, was selected by the Petes in the first round, 13th overall, of the 2023 OHL Priority Selection out of the Central Ontario Wolves organization. He has appeared in 68 OHL games with the Petes, scoring five goals and adding 22 assists for 27 points. Last season, the Bobcaygeon native helped Canada White win Gold at the 2023 World U17 Hockey Challenge in Charlottetown, PEI. Cameron received a ‘C’ rating in the Players to Watch list, indicating a potential fourth-fifth-round candidate in the 2025 NHL Draft.
Taylor, a 2007-born forward from Shanty Bay, Ont., was originally drafted by the Sudbury Wolves in the first round, ninth overall, in the 2023 OHL Priority Selection out of the Mississauga Senators U16s. He was acquired by the Petes from the Wolves on Jan. 9 in exchange for defenceman and former captain Donovan McCoy. In 67 OHL games between Wolves and Petes, Taylor has scored 15 goals and added 11 assists for 26 points. Taylor received a ‘C’ rating in the Players to Watch list, indicating a potential fourth-fifth-round candidate in the 2025 NHL Draft.
Young, a 2007-born forward from London, was selected by the Saginaw Spirit in the first round, 16th overall, of the 2023 OHL Priority Selection from the London Jr. Knights U16s. He was acquired by the Petes along with three picks on Jan. 8, in exchange for Montreal Canadiens prospect Owen Beck. Through 67 OHL games between the Spirit and Petes, Young has scored three goals and added 12 assists for 15 points. Young received a ‘W’ rating in the Players to Watch list, indicating a potential sixth-seventh-round candidate in the 2025 NHL Draft.
The Petes are back in action on Thursday when they host the Kingston Frontenacs at 7:05 p.m. Before the game, the organization will honour alumnus and two-time Stanley Cup Champion Jamie Langenbrunner with a banner-raising ceremony. Langenbrunner will be in attendance to take part in the ceremony, which will feature speeches from dignitaries, a video tribute and banner-raising.
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Voice of Business: The Importance of Safeguarding Our Intellectual Property
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This week on the Voice of Business, we are diving into an important yet often overlooked topic: Intellectual Property (IP).
IP refers to creations of the mind, like inventions or artistic works, which are increasingly important in today's growing ‘ideas economy.’ This economy is centred around intangible assets like software, technology, and digital innovations. Recently, Jim Balsillie, former co-CEO of BlackBerry, discussed on CBC the urgency of safeguarding Canada’s intellectual property in our evolving economy.
We encounter intellectual property every day, from the apps we use—like Facebook, Netflix, or Microsoft Office. We also observe our reliance on IP with Tesla’s autonomous driving systems or user interfaces with our phones. For business owners, it’s essential to protect their IP, as it shields their innovations from competitors and creates potential revenue streams through licensing agreements. However, many businesses, particularly those in the tech sector, underestimate the importance of protecting their intangible assets.
Balsillie’s podcast appearance emphasizes the consequences of not prioritizing IP protection, which are evident in Canada’s lagging productivity. He warns that foreign companies are buying Canadian-owned IP, which could push Canada to rank last among OECD countries in terms of productivity. According to Balsillie, the issue isn’t who invents these technologies, but rather who owns the rights to them. As more Canadian IP is sold to foreign companies, the potential for foreign entities to shape the future of Canadian industries grows. This could lead to significant changes, including headquarters relocating outside of Canada and essential jobs being outsourced abroad.
The elephant in the room, Balsillie notes, lies in the lack of a legislative framework that incentivizes businesses to retain their IP domestically. On top of that, there’s a gap in educating corporations about the value of IP and how to manage it effectively. He highlights how other countries, such as China, are far ahead in patent filings for technologies like artificial intelligence. China has filed 400,000 AI-related patents, while Canada on an industry wide scale has filed roughly 40,000. This further illustrates how other countries are actively protecting their innovations, giving them a competitive edge in the global market.
Balsillie also draws attention to the sharp growth of the intangible economy, which now makes up for 92% of the value in the Standard & Poor's 500 index—up from just 17%. This rapid growth will only continue, making it even more important for Canada to protect its intellectual property. He argues that Canada must foster a more attractive business environment to encourage companies to hold their IP rather than sell it to foreign competitors. While he doesn’t go into detail, Balsillie suggests we should learn from international models of legislation regarding IP retainment.
Another concerning trend is the growing number of Canadian pension funds being invested abroad. Balsillie points out that if our own investors are placing their money outside of Canada, it should be a wake-up call that our market is not offering the support needed for businesses togrow and thrive. Addressing this issue requires a multi-faceted strategy that includes educating businesses about IP and creating a market that rewards innovation and encourages companies to keep their IP in Canada.
Finally, whether you are a large tech company or a small local business it is important business owners are aware of the advantages of their IP rights. Not only does keeping IP retain jobs in Canada- it also boosts our economy. Balsillie stresses the need for a comprehensive strategy to educate businesses about the benefits of protecting their intellectual property and fostering an attractive market environment. By doing so, Canada can ensure its productivity stays competitive and hold onto its valuable innovations!
Content provided by the Peterborough and the Kawarthas Chamber of Commerce.
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Curve Lake Man Faces Impaired Driving Charge For Coming Onto Oncoming Traffic
/A 45-year-old Curve Lake man is facing an impaired charge after an incident Wednesday afternoon.
Photo by David Tuan Bui.
At roughly 4:30 p.m., officers received a call about a vehicle being driven erratically, including into oncoming traffic and almost going off the road. Officers conducted a traffic stop on Park Street near Rink Street. Upon speaking with the driver, officers noticed signs of impairment.
The man was arrested and charged with:
Operation while impaired – Drugs
The accused was issued an automatic 90-day license suspension and seven-day vehicle impoundment.
The accused was released on an appearance notice and will appear in court on Dec. 3.
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Kawartha Food Share 'Porch Pirates For Good' Food Drive Pillaging Peterborough This Saturday
/Kawartha Food Share (KFS) is pillaging Peterborough for another year as part of its ‘Porch Pirates For Good’ food drive to restock its empty shelves occurring this Saturday.
In the last four years, the campaign brought in over 165,000 pounds of food and over $15,000 in monetary donations. Photo by David Tuan Bui.
Households are asked to leave a bag of non-perishable food items on their front porch for the Porch Pirates to collect starting at 9 a.m.
The number of clients using food banks has reached an all-time high throughout the nation, according to KFS. They continue to state that the rising cost of food and supply chain shortages have affected their clients, donors and purchasing power.
The following is a list of items requested for donation from KFS:
Peanut Butter
Canned tuna
Canned vegetables and canned fruit
Individually wrapped school snacks
Pasta and pasta sauce
Alpha-getti, Kraft Dinner and Chef Boyardee
Breakfast cereal
Gluten free items – like pasta, cookies, oats etc.
Canned soup/stew
Feminine hygiene products
Diapers
Monetary Donations (can be made online or during item collection)
For every $1 donated, $3 worth of food can be purchased, according to KFS. Volunteers can collect cheques or cash during their pickups on October 26th.
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Seven Community Garden Boxes Rebuilt For Prince Of Wales Public School Through Partnership With BWXT
/To help students continue their hands-on learning experience of gardening and sustainability, seven new community garden boxes have been installed by BWXT volunteers for Prince of Wales Public School through a community initiative project on Wednesday morning.
BWXT purchased the materials and assembled the boxes, They were brought over by hand to be installed by BWXT volunteers.
“We've been looking to revitalize our gardens through the parent council school community and that was a perfect start,” said Brad Conlin, Price of Wales vice-principal. “The original boxes were constructed by GE Peterborough so it was a great connection to bring that back together as our new opportunity.”
GE Peterborough made the original boxes and have been in place since 2014. They typically hold flowers and plants and plan to add vegetables soon. According to Conlin, the gardens allow the students to learn about gardening, sustainability, and teamwork as they are responsible for their maintenance.
“We have a garden club within the school so they work to learn about new plant species and learn how to have sustainable gardening,” explained Conlin. “We do have classes come out, often in the spring, to learn about how to start planting right from seed and gives them the opportunity to do that right on site and see the progress that's made here.”
The gardens also help revitalize the school so students can be educated in a pleasant atmosphere and take pride in their institution, said Conlin.
“What we like about it too is that it's showcasing the beauty of our awesome school and having pride in it in making it so nice out here,” he explained. “They like to have that experience to be out here doing that.”
Local Journalist Releases Book 'Peterborough People to Remember' to Highlighting Peterborough Figures Not to Be Forgotten
/Local Journalist Ed Arnold has written about 12 people he believes their history and influence should not be forgotten in his book, ‘Peterborough People to Remember,’ showcased in front of Sullivan’s Pharmacy on Wednesday afternoon.
Arnold Displays an Excerpt From an article published in the Peterborough Examiner where he was a former managing editor. Photo by David Tuan Bui.
His 303-page book explores the 12 figures and Peterborough's growth from the 1800s until the early 1970s. The stories range from two capitalists who shaped Canada’s economy to five soldiers to Peterborough’s first-born and raised NHL hockey player and more.
“It's about 12 people from Peterborough who I thought should be remembered and I don't think all of them have been appropriately,” explained Arnold. “All the research I've done over the years, I kept coming across these names and jotting them things about them. I had a lot of research already before I started and I found their stories fascinating. I didn't know anything about most of them.”
'Peterborough People to Remember' took Arnold a year and a half to write. He has written roughly 25 books to date. His last book, ‘The First Ones,’ was released last October.
The following are the people featured in his book:
Katherine Wallis, The Artist
George Cox, The Capitalist
Joseph Flavelle, The Capitalist
Frank ‘Moose’ Heffeman, The Hockey Player
Frank O'Connor, The Candy Man
George Bennett, First Officer Casualty
Anthony Schiarizza, Youngest to Die
Marlon Overend, Only Woman
Heber Rogers, Family
Reginald Yellend, Youngest Major
Tony Schiarizza, The Specialist
Bobby Allan, Legendary
The book is available at Sullivan’s Pharmacy in East City, Peterborough Petes Souvenir Store at the Peterborough Memorial Centre and Happenstance Books & Yarns in Lakefield.
While Arnold tells the story of 12, he says his book could have highlighted many viable candidates.
“There are literally thousands of people in Peterborough that deserve recognition and deserve to be remembered,” he said. “I'm just recognizing 12 in the hopes that others will be remembered.”
Bank of Canada Reduces Policy Rate By 50 Basis Points to 3¾ Per Cent
/The Bank of Canada has reduced its target for the overnight rate to 3¾ per cent, with the Bank Rate at 4 per cent and the deposit rate at 3¾ per cent, announced on Wednesday morning.
Tiff Macklem, Govenor, Bank of Canada. Screenshot.
The Bank expects the global economy to expand at about 3 per cent over the next two years. Growth in the United States is now expected to be stronger than previously forecasted, while China's outlook remains subdued according to a press release. It continues to state that growth in the euro area has been soft but should recover modestly next year. Inflation in advanced economies has declined in recent months and is now around central bank targets. Global financial conditions have eased since July, partly because of market expectations of lower policy interest rates. Global oil prices are about $10 lower than assumed in the July Monetary Policy Report (MPR).
In Canada, the economy grew at around 2 per cent in the first half of the year and we expect growth of 1¾ per cent in the second half. Consumption has continued to grow but is declining on a per-person basis. The opening of the Trans Mountain Expansion pipeline has boosted exports according to the Bank of Canada. The labour market remains soft—the unemployment rate was at 6.5 per cent in September. Population growth has continued to expand the labour force while hiring has been modest. This has particularly affected young people and newcomers to Canada. Wage growth remains elevated relative to productivity growth. Overall, the economy continues to have an excess supply.
GDP growth is forecast to strengthen gradually over the projection horizon, supported by lower interest rates. This forecast primarily reflects the net effect of a gradual pick-up in consumer spending per person and slower population growth. Residential investment growth is also projected to rise as the strong demand for housing lifts sales and increases spending on renovations. Business investment is expected to strengthen as demand picks up, and exports should remain strong, supported by robust demand from the United States.
The Bank forecasts GDP growth of 1.2 per cent in 2024, 2.1 per cent in 2025, and 2.3 per cent in 2026.
CPI inflation has declined significantly from 2.7 per cent in June to 1.6 per cent in September. Inflation in shelter costs remains elevated but has begun to ease. Excess supply elsewhere in the economy has reduced inflation in many goods and services prices. The drop in global oil prices has led to lower gasoline prices. These factors have all combined to bring inflation down. The Bank’s preferred measures of core inflation are now below 2½ per cent. With inflationary pressures no longer broad-based, business and consumer inflation expectations have largely normalized.
Bank of Canada expects inflation to remain close to the target over the projection horizon, with the upward and downward pressures on inflation roughly balancing out. The upward pressure from shelter and other services gradually diminishes, and the downward pressure on inflation recedes as excess supply in the economy is absorbed.
With inflation now around the 2 per cent target, Governing Council decided to reduce the policy rate by 50 basis points to support economic growth and keep inflation close to the middle of the 1 per cent to 3 per cent range. If the economy evolves broadly in line with our latest forecast, we expect to reduce the policy rate further. However, the timing and pace of further reductions in the policy rate will be guided by incoming information and our assessment of its implications for the inflation outlook. The Bank says they are committed to maintaining price stability for Canadians by keeping inflation close to the 2 per cent target.
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Teenager Arrested and Charged After Pointing An Imitation Pistol At Others From Vehicle
/A 17-year-old Peterborough teen is facing multiple charges after an incident Tuesday night.
Photo by David Tuan Bui.
At roughly 10:30 p.m., officers on general patrol were waved down by a motorist who told them they had been stopped at a traffic light when a passenger in a vehicle wearing a black mask pointed a gun at them.
A vehicle matching the description given to police was located in a parking lot in the Monaghan Road and Lansdowne Street area. Officers approached the vehicle with firearms drawn and four people inside were taken into custody. During a search of the vehicle after arrest, officers seized an imitation pistol and a black ski mask. They also located several metal pellets.
The teen was arrested and charged with:
Possession of a Weapon for Dangerous Purpose
Pointing a Firearm
Disguise with Intent
Unauthorized Possession of a Weapon
Fail to Comply with Sentence
Possession of a Weapon Contrary to Prohibition Order
Possession of Ammunition Contrary to Prohibition Order
The accused is currently bound by two prohibition orders with the following conditions: to not possess any weapons or ammunition.
The accused is held in custody and will appear in court today on Wednesday
Under the Youth Criminal Justice Code, the name of a young person cannot be released.
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Oct. 25 Is Dress Purple Day to Raise Child Welfare Awareness
/Oct. 25 marks Dress Purple Day, a campaign to raise awareness about the important role individuals play in supporting children, youth, and families facing challenges.
Photo courtesy of ONtario Association of Children’s Aid Societies.
The Kawartha-Haliburton Children’s Aid Society (KHCAS) is collaborating with children’s aid societies and Indigenous Child and Family Well-Being agencies across the province in partnership with government and community-based organizations for the campaign.
On Dress Purple Day, KHCAS invites the community to wear purple to show their commitment to child welfare and spread the message that help is available to the children and youth in our communities. Wearing purple stresses the importance of community support in ensuring the safety and well-being of children and youth in our communities.
“Dress Purple Day offers an opportunity to raise awareness of the important role we all play in supporting vulnerable children, youth and families and that the Kawartha-Haliburton Children’s Aid Society works together with many community organizations to help children, youth, and families facing challenges.” says Jennifer McLauchlan, Executive Director of the Kawartha-Haliburton Children’s Aid Society. “We are wearing purple today to show children, youth, and families that we care and are here to help.”
The goals of Dress Purple Day for the KHCAS are:
To highlight how the KHCAS works in partnership with local community-based organizations and service providers to support vulnerable children, youth and families.
To continue to work collectively with the Ontario government regarding the need to invest in social infrastructure so children, youth and families can access the right care, at the right time, close to home.
To raise awareness that every child and youth has a right to safety and well-being in all spaces and that the community plays a role in protecting those rights.
For KHCAS to strengthen relationships with local community-based organizations and service providers supporting children, youth and families.
