What will the federal budget mean for Canadian businesses? Ottawa, 15 March 2017 With many funding initiatives announced last year, Canadian businesses are waiting to see whether this year's federal budget will outline the details of the promised spending. As we see more uncertainties unfold south of the border, less than optimal economic growth, and the need to adapt to technological changes, the 2017 federal budget is widely expected to focus on innovation, infrastructure, and helping Canadians update their skills.
EY calling on women entrepreneurs with bold plans Toronto, 15 March 2017 Women entrepreneurs aren't getting the support, financing and sponsorship they need to grow their businesses into market leaders at the same rate as men. But EY is looking to change that. Today, the firm announced nominations are open for its 2017 North American Entrepreneurial Winning Women™ program.
Why we need to #BeBoldForChange this International Women’s Day – and every day Toronto, 7 March 2017 International Women's Day (IWD) connects men and women across the globe to celebrate the social, economic, cultural and political achievements of women. Although there's plenty to celebrate, the unfortunate reality is there are still gaps to close. On 8 March, EY will join hands in recognizing the importance of gender parity, and how to achieve it.
BC exploration focus shifts to grassroots and early-stage exploration Toronto, 7 March 2017 The focus of exploration in British Columbia (BC) is shifting to grassroots and early-stage exploration, according to a new survey - a joint initiative between EY, the Government of British Columbia's Ministry of Energy and Mines (MEM) and the Association for Mineral Exploration British Columbia (AME).
Canadian mining deal volume is up in 2016, bright outlook for 2017: EY report Toronto, 6 March 2017 Despite volatility and an ever-changing macroeconomic environment, Canadian deal volume showed improvement last year, rising by 16%, from 132 to 153 deals. Canadian deal value, however, remained virtually unchanged, falling by 1% year-over-year to just over US$6b in 2016. This is according to EY's quarterly report Mergers, acquisitions and capital raising in mining and metals - 2016 trends, 2017 outlook.
EY seeking Canada's most daring entrepreneurs Toronto, 1 March 2017 Entrepreneurs dare to take risks, dive into uncertainty and overcome challenges with innovative solutions. EY is proud to celebrate these men and women who dare to dream big and build boldly. Today, the firm announced nominations are now open across Canada for the EY Entrepreneur Of The Year™ 2017 Awards.
Tech and talent crunch among 6 major forces shaping P&C insurance in 2017 Toronto, 28 February 2017 A potent combination of technological change, talent pressure and customer expectations is forcing Canada's property and casualty (P&C) insurers in 2017 to embrace innovation more urgently than ever. These three factors are among 6 forces shaping the P&C insurance industry in the year ahead, as revealed in EY's 2017 P&C Insurance Outlook.
Tech and regulations among 5 forces shaping life insurance in 2017 Toronto, 28 February 2017 Quickly-evolving technology has emerged as a dominant force shaping the year ahead in Canada's life insurance sector, according to EY's 2017 Life Insurance Outlook. This is just one of the 5 forces for life insurers to rein in this year, along with increasingly complex regulations, a growing talent crunch and customer-driven innovation.
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.
Demystifying the Canadian middle-market deal environment By: Chris Hutchinson, Senior Manager, Advisory in EY Canada’s Private Client Services practice; and Jason Marley, Senior Manager, Advisory in EY Canada’s Private Client Services practice As originally published in FEI Canada F.A.R. member e-newsletter, January 2017