News releases Recent Canadian news releases issued by Ernst & Young. December 2012 - Access to markets, talent and capital dominate oilsands top 10 risks list in 2013
Calgary, 17 December 2012
Above the ground — or below — opportunities and challenges in Canada’s oilsands sector, particularly around access to markets, talent and capital, are creating a new environment for players, according to Ernst & Young’s annual report, Exploring the top 10 opportunities and risks in Canada’s oilsands 2012-13. - Twelve days of tax tips: Ernst & Young’s festive guide to year-end savings
Toronto, 13 December 2012
The holiday season is in full swing. With hosting and gift-giving making wallets a little lighter this time of year, Ernst & Young has come up with the following tips to help Canadians stock up on some savings — just in time for the new year. - Five trends set to characterize Canadian oil and gas transactions market in 2013
Calgary, 10 December 2012
Over the last year, Canadian oil and gas transactions have centred on increased interest from Asian investors and the high-profile deliberations by the Canadian government about the implications of foreign investment in Canada’s oil and gas industry. - Nearly 60% of hedge funds facing increased costs: Ernst & Young survey
Toronto, 6 December 2012
Nearly 60% of hedge fund managers in North America say the cost of business has increased in the past year. However, there continues to be a disparity between managers’ and investors’ views about what costs should be borne by the fund, according to a recent Ernst & Young survey. - Women in leadership positions help enhance organizational performance
Toronto, 4 December 2012
Ernst & Young is proud to honour Anne-Marie Hubert, Managing Partner, Advisory Services, and Fiona Macfarlane, Managing Partner, British Columbia and Chief Inclusiveness Officer who both earned spots on the 2012 list of Canada’s Most Powerful Women: Top 100™. November 2012 - Canadian mining and metals deal value down 43% as focus on business fundamentals rises
Vancouver, 28 November 2012
Global mining and metals deal value and volume are down globally, with Canadian numbers falling 43% and 16% year over year in the first nine months of 2012, according to Ernst & Young’s seventh twice-yearly Global Capital Confidence Barometer: Mining & Metals. - One size doesn’t fit all when it comes to creating a great workplace
Toronto, 20 November 2012
Creating flexible, progressive and forward-thinking programs helps attract the best people and foster a positive, productive workplace, says Ernst & Young. Today, the firm’s leading people culture was recognized as it was named one of Greater Toronto’s Top Employers for 2013. - Security incidents up for 21% of Canadian businesses
Toronto, 19 November 2012
With 21% of Canadian businesses surveyed seeing more IT security incidents in the last year, companies here need to fundamentally change the way they’re approaching this kind of risk, Ernst & Young says in a new report. - Business success depends on attracting and retaining the best people
Toronto, 14 November 2012
Known around the globe for its leading people culture, Ernst & Young was named one of the 25 World's Best Multinational Workplaces in 2012 by Great Place to Work®. - Catalyst Canada celebrates Ernst & Young’s Anne-Marie Hubert among 2012 champions of women’s advancement
Toronto, 6 November 2012
Energetic, dedicated leader of Ernst & Young’s gender equity initiatives, widely recognized for her contributions to the advancement of women in business, Advisory Services Managing Partner Anne-Marie Hubert was celebrated as a recipient of this year’s Catalyst Canada Honours at a dinner in Toronto last night. - Ottawa’s CE Centre renamed Ernst & Young Centre
Ottawa, 1 November 2012
The CE Centre — the largest event and exhibition venue in Eastern Ontario — has a new name. Effective immediately, the centre will now be the Ernst & Young Centre, following an agreement signed between Ernst & Young in Canada and Capital Exhibition Centre LLP. October 2012 - Forty-two percent of companies struggle to build teams in rapid-growth markets
Toronto, 31 October 2012
Getting the right people in place is a linchpin to success in large, rapid-growth markets, but 42% of global organizations are struggling with it, an Ernst & Young survey finds. - Holiday sales expected to rise 3.5% in Canada
Montreal, 30 October 2012
Supported by signs of improvement in consumers’ confidence, 2012 holiday retail sales in Canada are expected to increase by 3.5% over last year, according to Ernst & Young. - Michel Gendreau of Garaga Inc. named 2012 Quebec Entrepreneur Of The Year
Montreal, 26 October 2012
Michel Gendreau, President of Garaga Inc. — leading Canadian garage door manufacturer — is this year’s Quebec Ernst & Young Entrepreneur Of The Year®. - Seventy-four percent of CEOs believe new technology-enabled offerings will provide greatest opportunities for media and entertainment industry over next three years
Toronto, 24 October 2012
While 74% of CEOs say tech-enabled offerings are the future of the media and entertainment industry, they agree emerging markets hold the key to unlocking that potential revenue and growth, Ernst & Young says in a new survey. - Forty-four percent of Canadian companies expect to pursue M&A in the next 12 months
Toronto, 23 October 2012
Canadians may be more pessimistic about the overall state of the global economy, but they’re still pursuing growth opportunities, Ernst & Young says in a new survey. Forty-four percent of Canadian companies expect to acquire in the next 12 months, down slightly from 48% in April, but significantly more than only 25% of their global counterparts. - Patrick O'Callaghan of East Coast Catering Ltd. named 2012 Atlantic Entrepreneur Of The Year
Halifax, 19 October 2012
Patrick O'Callaghan, President and Chief Executive Officer of East Coast Catering Ltd. — a private company specializing in remote workforce catering and accommodations — is this year’s Ernst & Young Entrepreneur Of The Year® Atlantic winner. - Dr. Alan Ulsifer of FYidoctors named 2012 Prairies Entrepreneur Of The Year
Calgary, 12 October 2012
Dr. Alan Ulsifer, President and Chief Executive Officer of FYidoctors — Canada’s largest independent eye care product and service provider — is this year’s Prairies Ernst & Young Entrepreneur Of The Year® winner. - John A. McCluskey of Alamos Gold Inc. named 2012 Ontario Entrepreneur Of The Year
Toronto, 11 October 2012
John A. McCluskey, President and Chief Executive Officer of Alamos Gold Inc. — a leading Canadian gold producer — is this year’s Ontario Ernst & Young Entrepreneur Of The Year®. - Co-operative governance inspires confidence, but remains a complex balancing act
Quebec, 10 October 2012
While co-ops have a unique approach to balancing conventional profit goals with broader principles, they must demonstrate they are equipped to thrive in a rapidly evolving global economy, Ernst & Young says in a study released today at the inaugural International Summit of Cooperatives. - Ashley Cooper of Paladin Security Group Ltd. named 2012 Pacific Entrepreneur Of The Year
Vancouver, 5 October 2012
Ashley Cooper, President and Chief Executive Officer of Paladin Security Group Ltd. — a leading Canadian security service company — is this year’s Pacific Ernst & Young Entrepreneur Of The Year® winner. September 2012 August 2012 July 2012 - Back-to-school spending to increase 2.5% in Canada
Montreal, 30 July 2012
Back-to-school spending is set to climb only 2.5% over last year in Canada despite the early start to the shopping season, according to Ernst & Young. - Three Canadian entrepreneurs prove merits of taking business from boardroom to community
Toronto, 25 July 2012
Social entrepreneurs who contribute to the economy and the community are setting new standards for business excellence, Ernst & Young said today when underlining the accomplishments of three such Canadians. - IPO trends for the year ahead: prepare early, move fast
Toronto, 9 July 2012
In spite of tepid growth and prevailing global economic turbulence, IPO markets showed remarkable resilience in 2011. And in Canada there’s a robust pipeline of companies ready to list, says Ernst & Young in a recent report. - Ernst & Young honours Pacific finalists for Entrepreneur Of The Year 2012
Vancouver, 5 July 2012
Ernst & Young is proud to announce the finalists in this year’s Ernst & Young Entrepreneur Of The Year® Awards and once again shine the spotlight on game-changing entrepreneurs who continue to drive sustainable growth and job creation across the country. - Ernst & Young honours Prairies finalists for Entrepreneur Of The Year 2012
Calgary, 5 July 2012
Ernst & Young is proud to announce the finalists in this year’s Ernst & Young Entrepreneur Of The Year® Awards and once again shine the spotlight on game-changing entrepreneurs who continue to drive sustainable growth and job creation across the country. - Ernst & Young honours Ontario finalists for Entrepreneur Of The Year 2012
Toronto, 5 July 2012
Ernst & Young is proud to announce the finalists in this year’s Ernst & Young Entrepreneur Of The Year® Awards and once again shine the spotlight on game-changing entrepreneurs who continue to drive sustainable growth and job creation across the country. - Ernst & Young honours Québec finalists for Entrepreneur Of The Year 2012
Montréal, 5 July 2012
Ernst & Young is proud to announce the finalists in this year’s Ernst & Young Entrepreneur Of The Year® Awards and once again shine the spotlight on game-changing entrepreneurs who continue to drive sustainable growth and job creation across the country. - Ernst & Young honours Atlantic finalists for Entrepreneur Of The Year 2012
Halifax, 5 July 2012
Ernst & Young is proud to announce the finalists in this year’s Ernst & Young Entrepreneur Of The Year® Awards and once again shine the spotlight on game-changing entrepreneurs who continue to drive sustainable growth and job creation across the country. June 2012 - Ernst & Young tees off for the heart
Toronto, 27 June 2012
Ernst & Young partners, staff, clients and guests teed off for the Ernst & Young Charity Golf Classic in support of the Peter Munk Cardiac Centre, raising just over $200,000. - Cleantech M&A activity up 41% in Q1 2012
Toronto, 26 June 2012
An estimated US$21.7 billion worth of global renewable energy transactions were completed in Q1 2012, representing a 41% increase over Q4 2011, according to Ernst & Young’s latest quarterly global Renewable energy country attractiveness indices report. - Risk culture is on the minds of Canadian execs as 73% have focused on reducing company liquidity risk
Toronto, 25 June 2012
Some 73% of Canadian executives have undertaken measures to reduce their liquidity risk since the 2008 economic crisis, Ernst & Young says. - 53% increase in financing a positive sign for Canadian biotechs
Montreal, 19 June 2012
While the Canadian biotech's industry performance was down in 2011, positive clinical news generated a 53% increase in financing, Ernst & Young says today in a new report. - Small businesses create 50% of jobs in G20, but only receive 6% of investment
Toronto, 18 June 2012
Despite being engines of economic growth — accounting for 50% of employment in most G20 countries — small to medium-sized enterprises (SMEs) only attract a tiny proportion of overall investment, according to Ernst & Young's new report. - Only 52% of Canadian companies protect themselves against corruption risks when buying into business globally
Toronto, 14 June 2012
While 82% of Canadian executives feel investments into new global markets pose risks for their companies, only 52% say their company always conducts due diligence into fraud-related risks before acquiring a new business, Ernst & Young finds in a new survey. - Canada regains top spot as number one destination for mining and metals deals
Montreal, 5 June 2012
Canada topped the global mining and metals sector as the number one target destination by total deal value in Q1 2012, says Ernst & Young. - Ernst & Young strengthens Western presence and closes deal with Saskatchewan’s Hergott Duval Stack LLP
Toronto, 1 June 2012
Today, Ernst & Young announced that Hergott Duval Stack LLP — the largest independent accounting, tax and business advisory firm in the fast-growing province of Saskatchewan —has joined Ernst & Young. The move grows Ernst & Young’s expanding practice in Western Canada, and emboldens our Entrepreneurial Services capabilities. May 2012 - Canadian power and utility deals surpass global activity in Q1, but outlook remains cloudy
Toronto, 29 May 2012
Canadian power and utilities (P&U) companies may face an uphill battle when it comes to investing this year, despite positive mergers and acquisitions (M&A) activity in the first quarter (Q1) of 2012, says Ernst & Young. - Only 31% of oil and gas executives expect to pursue M&A in the next 12 months
Calgary, 17 May 2012
Canadian oil and gas companies are mirroring global trends and transacting with cautions optimism despite favourable deal-making conditions, says Ernst &Young. - Joint ventures and partnerships open door to global liquefied natural gas market
Calgary, 10 May 2012
Joint ventures and partnerships could make all the difference between capitalizing on global liquefied natural gas opportunities in Asian demand markets and losing ground to foreign suppliers, says a new Canadian Ernst & Young report. - Almost half of Canadian execs have M&A on the agenda this year
Toronto, 9 May 2012
While still cautious, Canadian executives are hungry for M&A, with 48% expecting to pursue an acquisition in the next 12 months, according to findings from a recent Ernst & Young survey. That’s up from 32% in April 2011. - Ernst & Young grows presence in Western Canada; Saskatchewan’s Hergott Duval Stack LLP to join firm
Toronto, 2 May 2012
Ernst & Young has signed a letter of intent that will see Hergott Duval Stack LLP – the largest independent accounting, tax and business advisory firm in the fast-growing province of Saskatchewan – join our firm. The transaction will cement Ernst & Young’s presence in Western Canada and further the firm’s Entrepreneurial Services reach from coast to coast. April 2012 March 2012 - Ernst & Young breaks down the federal budget
Toronto, 22 March 2012
As all governments grapple with the challenges of weaker global growth and the persistent global financial turmoil, eyes will be on the Canadian federal budget this March 29. Many anticipate that to erase the federal deficit by 2015, this year’s budget will announce big changes and possible cuts to programs that will affect both Canada’s private and public businesses across all industries and sectors of the economy. - Canadian oil and gas deal value down 60% in 2011 but opportunities exist in 2012
Calgary, 19 March 2012
Deal value in Canada’s oil and gas sector decreased by 60% in 2011 while the total number of deals declined from 202 in 2010 to 138 year over year, according to Ernst & Young. - Technology M&A in Canada nearly doubled in 2011
Toronto, 14 March 2012
The number of technology mergers and acquisitions (M&A) in Canada nearly doubled from 15 deals in the fourth quarter of 2010 to 27 in 2011, according to Ernst & Young’s Global technology M&A update and 2011 review. - Building diverse teams inspires innovative client service
Toronto, 14 March 2012
Ernst & Young has been selected as one of the Best Employers for New Canadians for 2012: an award that recognizes employers who foster inclusive and welcoming work environments for new immigrants and foreign-trained professionals. - Canada’s game-changing entrepreneurs build more than mere businesses
Toronto, 1 March 2012
Canada’s entrepreneurs contribute to more than the bottom line — they are powerful agents of change who create the products, methods, markets and solutions that drive the economy forward. Ernst & Young continues to recognize game-changing entrepreneurs with today’s launch of the 19th season of its Entrepreneur Of The Year Awards in Canada. February 2012 - Canadians demanding more from insurers than ever before
Toronto, 29 February 2012
Confusing product choices and poor customer service are just some of the concerns Canadians have with their insurance companies, Ernst & Young says in a recent first-of-its-kind global survey. Some 24,000 people were surveyed for the report, with three-quarters of North American life and annuity respondents agreeing that the insurance industry lags behind others in both quality of service and rewarding customer loyalty. - Diversity and inclusiveness can boost financial performance, and then some
Toronto, 21 February 2012
Companies with sustainable inclusiveness initiatives have a competitive advantage in a globalized economy, says Ernst & Young, one of Canada’s Best Diversity Employers for 2012. - Canada’s small public companies struggled to secure financing in 2011, financial executives say
Toronto, 21 February 2012
Despite Canada’s relatively stable economic landscape, small public companies here are still struggling to obtain access to credit — a critical cornerstone in their ability to succeed, according to a study by the Canadian Financial Executives Research Foundation (CFERF) and sponsored by Ernst & Young. January 2012 - Canadian insurers well positioned despite challenging year ahead
Toronto, 30 January 2012
The Canadian insurance industry faces a challenging climate, but there are opportunities for success — if insurers make the right moves in 2012, Ernst & Young says. - Canadian retailers face pressure-cooker year ahead
Toronto, 19 January 2012
Canadian retailers will have no time to enjoy the post-holiday season, as 2011 challenges spill into 2012. Retailers face numerous challenges, including an influx of foreign competitors, weak consumer sentiment and decreased consumer buying power, says Ernst & Young. |
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