Canada opened up the contest with a late 12-0 run to lead 26-8 after the first 10 minutes of play. The Puerto Rican offence began to execute in the second period; the team outscored Canada 18-13 in the quarter to cut into the lead. The Canadians held a 39-26 advantage at halftime. Energized by their improved play in the second, Team Puerto Rico continued to apply pressure to the Canadians in the third. The SWNT lead was trimmed to single digits on two occasions, but Team Canada maintained its composure and finished the frame with a 10-1 stretch to go ahead 58-40. The Canadian side closed-out the match by holding the opposition to eight points, while scoring 15. The SWNT was led by veteran Kim Gaucher of Mission, B.C. who recorded a double-double of 14 points and a game-high 11 rebounds. Guelph native Natalie Achonwa, who attended Hamiltons St. Mary High School, also recorded double-digits in both categories, collecting 11 points and 10 rebounds, including a game-best five on the offensive end. Brampton, Ont. product Tamara Tatham tallied 10 points and seven rebounds.
Canada Pension Funds Eye Some BlackBerry Assets
There is tremendous pressure on BlackBerry from those with a vested interest in destroying the company, Rivett said in an e-mail yesterday. We work well under pressure. Fairfax is comfortable with the group its currently working with and will reveal its partners after due diligence is completed, Rivett said. Asset Values BlackBerrys assets are probably worth about $2.8 billion excluding its cash reserves of $2.6 billion, said Steven Li, an analyst at Raymond James Ltd. in Toronto in a note to clients. That includes patents worth about $1.6 billion, its network of secure servers that may fetch $825 million and licenses worth about $400 million, said Li. The network of secure servers, which BlackBerry operates on behalf of its business clients, are sought after because they offer a level of security for e-mail transmissions that other devices cant provide. U.S. government agencies remain a customer of BlackBerry for that reason. BlackBerrys patent portfolio includes trademarks on smartphone designs and engineering as well as a share of 6,000 patents BlackBerry acquired, as part of a consortium, for $4.5 billion from bankrupt Nortel Networks Corp. in 2011. While revenue the Waterloo, Ontario-based device maker gets from subscriber services fees reached $794 million in the fiscal first quarter, thats come under pressure from carriers no longer willing to pass those charges on to their subscribers. As of June, the company had 72 million subscribers, down from 76 million in the previous three months. Three Companies I think thats probably the only way it will work — if they try to team up to buy part of the portfolio, Taylor said in a phone interview. No one wants to run the hardware business. Watsa, who models his investment style after billionaire investor Warren Buffett , said the group is still seeking financing for the offer, which will be subject to due diligence and further negotiation. It would be best if it were three companies: intellectual property, BlackBerry messenger and the services business, Stadtler said in a phone interview from Fort Worth, Texas.
Environment Canada predicts two degrees of warming by 2050
Photograph by: PAUL J. RICHARDS/AFP/Getty Images/Files , Postmedia News Environment Canada as most optimistic projections for climate change predict even faster warming of the atmosphere than the consensus view reached this week by an international panel assessing the latest scientific evidence. Reached by telephone in Sweden where he contributed to the Intergovernmental Panel on Climate Change (IPCC) report, senior Environment Canada scientist Greg Flato said that even in the best-case scenarios for limiting growth of heat-trapping greenhouse gas emissions, his federal departmentas computer models show average global warming of about two degrees Celsius above pre-industrial levels by 2050. In a report released on Friday, the IPCC said itas likely that temperatures will exceed this two-degree Celsius thresholdAby 2100, though not necessarily by 2050. But it anticipates some scenarios in which warming from 2081 to 2100 could be as little as 0.3 degrees Celsius, relative to the 1986 to 2005 average temperatures, or as high as a maximum of 4.8 degrees Celsius above the temperatures of the 1986 to 2005 period by 2100. Governments from around the world have agreed that the two-degree threshold is a dangerous tipping point for the atmosphere. If temperatures rose by that much, climate change would threaten to disrupt ecosystems and accelerate ongoing rising of sea levels and melting of ice in the Arctic; and would increase the likelihood of extreme weather events, such as longer and more frequent heat waves as well as heavier rainfall in some areas and droughts in other locations. The governments have agreed to slash greenhouse gas emissions to avoid this tipping point asApart of an international commitment made by Prime Minister Stephen Harper and other world leaders at a 2009 summit in Copenhagen, Denmark to protect the planetas environmental and economic systems. While Flato said there were different projections about the impacts of carbon emissions in the atmosphere, he also praised the IPCC process, noting that its mandate was to take a collection of different scientific research and reach a consensus. aOur (Environment Canada) model, in isolation, produces results that are in roughly the two-degree warming range in the mid-century,a he said, describing Environment Canadaas computer modelling centre as a world-class facility. aBut if you look at all the models together, which is the important thing to do, there is a range and that range is important.a Flato, a scientist and manager at the Canadian Centre for Climate Modelling and Analysis in Victoria, B.C., explained that this approach allowed the IPCC to clearly identify areas where the science is not settled, and clearly state the areas of consensus. Flato also noted that the assessment report of the IPCC demonstrates progress in research identifying the links between specific levels of carbon emissions from human activity and the resulting temperature levels. This could provide governments with information to help them decide how much fossil fuel, such as oil or coal, should be left in the ground and what will happen to temperatures if the energy is consumed. aThatas a new concept and a new result and itas described in this report,a said Flato.