Canadian Equipment Finance Winter 2019 IssueEquipment Finance

How tech and flexibility helps farmers

By Curtis Gulka As winter befalls the Canadian landscape, our agriculture customers are working on their businesses. Despite snow-covered fields, winter isn’t an off-season for farmers. Heck, some of them are still harvesting. Beyond that, there’s equipment to maintain and decisions to make, especially when it comes to gearing up …

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Canadian Equipment Finance Winter 2019 IssueCybersecurity

How Ottawa can fight cyberthreats

By Scott Talbott Technology has transformed our lives in myriad ways. We can send messages, post images, stream videos and effortlessly connect with each other instantaneously. We can take courses, obtain medical diagnoses, shop, read customer reviews and easily compare prices between items online. Entrepreneurs and business owners can now …

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Canadian Equipment Finance Winter 2019 IssueEquipment Finance

Foundation U.S. Report: Cash on hand, interest rates, lowered U.S. financing share

US Market Report The vast majority of American end-user businesses (79 per cent) relied on financing for at least part of their equipment and software acquisitions last year. But underlying this figure is a decline in the propensity to finance equipment investment, according to a new study, the 2019 Equipment …

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HospitalityMergers & Acquisitions

Knightstone Acquires Sheraton Gateway Hotel in Toronto International Airport from Marriott

Hotel to undergo extensive renovations MISSISSAUGA, ON–Knightstone Capital Management Inc., through an affiliated entity, have acquired the Sheraton Gateway Hotel in Toronto International Airport from an affiliate of Marriott International Inc. for approximately $130 million CAD. The Sheraton Gateway Hotel is located within Terminal 3 of the Toronto Pearson International …

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IssuersLeadership

Amex Bank of Canada appoints Lisa Kalhans as new Country Manager & CEO

TORONTO, ON—American Express has named Lisa Kalhans as President & CEO of Amex Bank of Canada and Amex Canada Inc. With a proven history of outstanding leadership and a reputation for building high-performing teams, Ms. Kalhans will directly lead marketing, customer acquisition and product development for the consumer payments business. …

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Associations

Robert Half and Protiviti Announce Strategic Partnership with FEI Canada

Advance Collaboration, Engagement Within Canadian Finance Community TORONTO, ON–Global staffing firm Robert Half and its consulting subsidiary, Protiviti, announced today a new business alliance with Financial Executives International Canada (FEI Canada) intended to support Canadian finance leaders and their organizations as National Strategic Principal Partners. Through shared thought leadership, closer …

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AssociationsLeadershipPayments

PayTechs of Canada Names First Executive Director

Doug Kreviazuk to lead Canadian paytech industry association, promoting competition, innovation and greater choice in payment-related services OTTAWA, ON–PayTechs of Canada, the association advancing the interests of the national paytech community, today announced it has hired Doug Kreviazuk as its first executive director. Doug is a twenty-year veteran of the …

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Business BankingFinancial ResultsIndustry News

Desjardins Group records surplus earnings of $570 million for the third quarter

$106 million returned to members and the community LÉVIS, QC–For the quarter ended September 30, 2019, Desjardins Group, Canada’s leading financial cooperative group, recorded surplus earnings before member dividends of $570 million, unchanged from the same quarter of 2018. These results were driven by a strong performance in the caisse …

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Industry NewsIntegrated Payments

Sezzle, ‘Buy Now, Pay Later’ Payments Innovator, Invests in Canadian Marketplace

Sezzle will add payments, technology industry veteran Patrick Chan as General Manager for Canada, opening Toronto headquarters to serve the Canadian market MINNEAPOLIS and TORONTO, ON–Sezzle Inc., the highest consumer-rated interest-free installment payment solution, today announced a number of key investments aimed at positioning the company as the premier ‘buy …

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AIBusiness BankingEducation

Scotiabank Launches First Trusted Data & AI for Canadian Business Certification

TORONTO, ON–Scotiabank launched the first Trusted Data & AI for Canadian Business certification in Canada. In collaboration with Smith School of Business at Queen’s University, and the IEEE, the world’s largest technical professional organization advancing technology for humanity, the program is designed specifically for Scotiabank employees to develop foundational knowledge …

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