Industry News

Decorative pattern

Industry

Briefly:

Canadian publicly traded companies have only seven months to convert their accounting practices to International Financial Reporting Standards (IFRS), and yet half of them are less than 60% of the way through the process, according to a survey sponsored by PricewaterhouseCoopers (PwC). The new reporting regime comes into effect January 1, 2011, and will require […]

By Staff |May 26, 2010

2 min read

Decorative pattern

Industry

Closing the pension gap

In early May, I had the privilege of being a panelist at a conference held in Toronto by the Institute for Research on Public Policy. The conference was entitled ‘Avenues for Reforming the Canadian Retirement Income System’. These days, that’s a hot topic in the industry. The panel I was a part of discussed ‘Savings […]

By Peter Drake |May 25, 2010

6 min read

Decorative pattern

Industry

Currency swings boost bond risks

“It is still too early to start worrying about inflation,” she says. Inflation fears are elevated due to the amount of monetary and fiscal stimulus. Until deleveraging has run its course there remains a huge output gap between Canada and the U.S. “In addition, we have the velocity of money, which has completely offset the […]

By Vikram Barhat |May 25, 2010

3 min read

Decorative pattern

Industry

Briefly:

Britain could face a “scarier” future than Japan faced in the 1990s, according to Adam Posen, member of the Bank of England Monetary Policy Committee. While policymakers in the U.K. are unlikely to make the same mistakes their Japanese counterparts made 20 years ago, he said, Britain has far fewer resources to stimulate growth than […]

By Staff |May 25, 2010

6 min read