Size of Canadian divestments much higher than global, US average Toronto, 21 March 2019 Forty-six percent of Canadian companies’ recent divestments exceeded $250m, including 10% over $500m. That’s compared to no deals that reported over $250m just one year ago, according to the EY Global Corporate Divestment Study 2019. One third of the divested businesses were worth over 5% of the parent company.
Canadian oil and gas sector struggles to identify where to focus advanced technology investments Calgary, 24 January 2019 Eighty-nine percent of Canadian oil and gas companies are ramping up investment in digital technologies as they seek to double down on their cost-saving ambitions, according to the EY report New technology can lead the way, but do you know where you’re headed?. But the greatest strategic challenge one-third (32%) of executives cite is which types of technologies to focus on.
EY Canada announces Centre of Excellence for Insurance and Actuarial Services Toronto, 16 January 2019 EY Canada is proud to announce a new EY Centre of Excellence for Insurance and Actuarial Services. The Centre – based in Toronto and Québec City – will offer insurers across the country access to cutting-edge services that meet the most pressing needs of their business today and in the future.