Industry

Outsourcing tasks, not risk

New OSFI guidelines related to outsourcing appear, at a glance, to be privacy- and risk management-related. They are, but a closer look shows that Draft Guideline B-10 is practically a how-to business manual for managing outsourced business activities, functions and processes. Fortunately for many in the industry, the guideline issued by the Office of the […]

By Kate McCaffery |December 10, 2008

4 min read

Pondering the next “shoe to drop”

If there’s one good thing about how drastic the market declines have been, it’s that there are unlikely to be many more unpleasant surprises, a panel of experts assembled by the CFA Institute argued. But there are still a few problem areas they have their eyes on. Gillian Tett, assistant editor of the Financial Times, […]

By Mark Noble |December 9, 2008

4 min read

Briefly:

The Canada Revenue Agency has announced details of the tax rates and deductions that will be in effect for 2009, based on consumer price index data as reported by Statistics Canada. The basic personal amount rises from 2008’s level of $9,600 to $10,100 for 2009. The age amount creeps higher by $132 to $5,408. The […]

By Staff |December 9, 2008

2 min read

Briefly:

The Canadian real estate market is entering a cyclical downturn but should avoid the cataclysmic devaluation seen in the U.S., according to a report from RBC Economics. “Many of the factors that triggered the collapse in the United States are either absent or of much lower significance on this side of the border,” said Robert […]

By Staff |December 8, 2008

2 min read