Only 43% of Canadian companies could detect a sophisticated cyber-attack Toronto, 15 February 2017 As the frequency and scale of cyber-attacks show no signs of abating, the majority of Canadian companies still wouldn't be able to detect a sophisticated breach. According to EY's Global Information Security Survey, only 43% of Canadian companies could spot a significant cybersecurity incident, compared to 50% globally.
Weak finish for the Canadian Mining Eye Index in Q4: EY Toronto, 13 February 2017 EY's Canadian Mining Eye index declined 13% during Q4 2016. This is predominantly due to weakness in gold and nickel prices, offset partially by gains in both copper and zinc prices. For the full year 2016, the Canadian Mining Eye index rose 61%, which was better than 18% gains in S&P/TSX composite index.
Montreal should create a FinTech hub to accelerate ecosystem development, says a new report from EY Montreal, 9 February 2017 Montréal has what it takes to grow its FinTech ecosystem and drive technological development in the sector, states the report, which features four recommendations to make the most of the potential. Above all, Montréal needs to create a hub of excellence to foster the development of young FinTechs. By concentrating development in a single entity, Montréal will consolidate its industry position in Canada and raise its profile as a FinTech magnet worldwide, states a new report from EY.
Canadian CFOs more conservative than global counterparts around skill development Toronto, 1 February 2017 A new EY report reveals that Canadian CFOs are more conservative and risk-averse in their approach to skills development, compared to their global counterparts. 63% of Canadian CFOs favour work-shadowing or other experiential opportunities to help cultivate essential skills among the next generation of finance leaders, compared to only 35% of their global counterparts.
EY's Anne-Marie Hubert named to Order of Canada Montreal, 19 January 2017 EY is pleased to announce that Anne-Marie Hubert, the firm's Québec Managing Partner, was named a Member of the Order of Canada, for her commitment to parity and inclusion in business and for her skill in corporate governance.