PwC Canada Study Shows ESG Reporting Falls Short Across Canada’s Top 150 Public Companies
PwC Canada unveiled its inaugural Canadian ESG reporting insights study, analyzing the current and trending challenges Canadian organizations face with their ESG reporting practices. This comprehensive analysis explores ESG reporting maturity across 150 of Canada’s top organizations. Relying exclusively on publicly available information, PwC assessed elements such as strategy, materiality, …
Despite ongoing volatility, financial positions of DB plans improve in Q1 2022
TORONTO, ON–Notwithstanding the heightened volatility of the financial markets, which has been exacerbated by the unprovoked attack by the Russian Government against the people of Ukraine, the financial position of most defined benefit (DB) pension plans improved during the first quarter of 2022. Along this path, the Mercer Pension Health …
Raneiri leads Reach to new $30m Canadian Investment for Growth
Expansion continues, benefits online merchants, marketplaces and increase conversions, lower foreign payment processing costs and gain international customers CALGARY, AB–Reach, the leading global ecommerce payments enabler, has secured a $30 million Canadian investment, as it bids to accelerate its mission of unlocking a global customer base for merchants through a streamlined payments, tax …
Leveraging Canadian Payments Trends to Support Financial Inclusion
By Robert Hyde The COVID-19 pandemic deeply impacted the Canadian payments industry and accelerated the migration to digital and contactless payments. Canadians continue to seek more choice and flexibility in how they make payments without sacrificing security and convenience, but the pandemic has further underscored the need for more services …
Three Ways to Support Earned Wage Access in Canada
By Marco Margiotta Around the world, employers are experiencing first-hand the impacts of what’s being called the ‘Great Resignation,’ emerging from the COVID-19 pandemic. For our neighbours to the South, 4.5 million Americans quit their jobs in November 2021, which matches a series high from last September. This trend has …
Four Areas to Address to Meet Digital B2B Commerce Expectations
By Brandon Spear Looking back on 2021, the global B2B payments landscape experienced notable changes in sales channel strategies as e-commerce accelerated. As B2B customer journeys become more digitally influenced, a merchants’ payments offerings and capabilities need to evolve to better secure the sale. Recent research from Forrester Consulting revealed …
Versapay Bolsters Executive Team
TORONTO, ON–Versapay, a leading provider of cloud-based payments and accounts receivable (AR) automation solutions, bolstered their executive team with the addition of three new members. Ward Schultz joins as Chief Financial Officer (CFO), Nancy Sansom joins as Chief Marketing Officer (CMO), and Alex Hoffmann joins as Executive Vice President of …
FSRA Encourages Financial Services Leaders, Consumers to Establish a Two-Way Dialogue
The outreach challenge was part of the provincial regulator’s first-ever Exchange Event TORONTO, ON–The Financial Services Regulatory Authority of Ontario (FSRA) held its first virtual Exchange Event today which focused primarily on principles-based regulation and what that means for the financial services sector, and the importance of enabling innovation across …
Workplace Changes from COVID-19 Won’t Be Permanent, Most Believe
Staff So far, the changes in how we use our offices, who works from home and the other disruptions or adjustments in corporate life aren’t impressing those who might make decisions on organizational structure in the future. Only 23 percent of CIOs surveyed expect remote workplace changes from the COVID-19 …
Equipment Finance Roundup
Mitsubishi HC Capital Canada Named One of Canada’s Most Admired Corporate Cultures Mitsubishi HC Capital Canada (formerly Hitachi Capital Canada) has been named as a winner of the 2021 Canada’s Most Admired Corporate Cultures™ program. This national program recognizes best-in-class Canadian organizations for fostering high performance corporate cultures that help …