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June 2017

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May 2017

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April 2017

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March 2017

Press Releases

  • 73% of Canadian companies likely to divest as a result of macroeconomic volatility
    Toronto, 29 March, 2017
    In a world that seems to be ever more complicated, Canadian companies are actively pruning their portfolio of businesses. According to EY's 2017 Corporate Divestment Study, an annual survey of corporate executives, 73% of survey respondents said they were likely to divest as a result of macroeconomic volatility.
  • 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.
  • Only 17% of Canadian companies have an analytics strategy that is integrated across the business: EY and Forbes
    Toronto, 9 March 2017
    Only 17% of Canadian companies have a data and advanced analytics strategy that is integrated across their business and used to inform core business decisions - and that could be hampering revenue growth, EY says in a new report.
  • 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).
  • EY extends strategic alliance agreement with SAS Canada to help organizations improve bottom line with advanced analytics
    Toronto, 7 March 2017
    Today EY Canada announced a strategic alliance with SAS Canada, which will leverage achievements realized from EY's alliance with SAS in the US - accelerating the delivery of disruptive analytics services, designed with distinctively Canadian realities in mind.
  • 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.

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February 2017

Press Releases

  • 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.
  • Canadian oil and gas companies reduce headcount by as much as 50% during downturn
    Calgary, 23 February 2017
    According to a new EY market study, completed in association with the University of Calgary's Haskayne School of Business, 81% of oil and gas companies that reduced headcount by between 25% and 30% during the downturn reported the highest level of reorganization success.
  • 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.

Blogs

January 2017

Press Releases

  • 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.

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