Finance’s Role in Making the Clean Technology Tax Credit Manifest
Creative financing can be a game-changer to accelerate return on investments from sustainable projects by Grant MacFarlane Investments in clean technology and net zero targets are being mandated across the board, at every level of government in Canada as well as within corporations. In March 2023, the Canadian government announced …
QuadFi’s Borderless Financial Product a first for Global Immigrants to Drive Financial Inclusion
Development of cutting-edge technology helps QuadFi see month-over-month growth of more than 500 percent in credit portfolio TORONTO, ON–Toronto-based fintech company QuadFi, announces a breakthrough in its product offering: a new way to drive financial inclusion for all newcomers. With the development of cutting-edge AI models, QuadFi is empowering newcomers with access to …
How Foreign Currency Supports Charity
By Dennis Ullman and Scott Hutchings It is estimated that over $2 Billion in foreign currency is currently stored or saved in Canadian homes and businesses. This currency has no use or real value in Canada. As a result, foreign currency (notes and coins), pennies, and loose change are found …
Emerging Market Mobile Money Users to Exceed 1.2 billion: Juniper Research
BASINGSTOKE, UK–A new study from Juniper Research has found that the total number of mobile money users in emerging markets will exceed 1.2 billion in 2025, up from 980 million in 2020; equating to just under 30 percent of all mobile phone users across emerging markets. The report predicts that …
Canadian Plan Sponsors Continue to Post Positive Median Returns
Alternative assets outperformed traditional assets for the quarter TORONTO–The median return of the BNY Mellon Canadian Master Trust Universe, a BNY Mellon Global Risk Solutions fund-level tracking service, was +1.66% for the third quarter of 2019 despite slowing global growth indicators. The 1 year median return as of September 30, …
Fate of global economy rests in policy decisions of few: EDC report
With so much at stake, EDC Economics foresees near-term resolution that should reignite growth OTTAWA–There is a strange dichotomy at play in the global economy. On one hand, global growth is slowing, led by weak business investment and trade. But the other, on the consumer side, the picture is much …