Posts in Financial
National Philanthropy Day

A day to reflect on how charity changes the lives of people in need

As Canadians look ahead to celebrating National Philanthropy Day on Monday, many will reflect on what has been a tough two years; heartache and sorrow for many and disrupted lives for even more. However, throughout the COVID-19 pandemic, individuals and communities have come together in a spirit of giving, sharing and support that epitomizes the power of philanthropy across the country.

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Financial Wellness

Through ordinary and extraordinary times: Canada’s banks are guiding Canadians on the path to financial wellness

The coronavirus pandemic put the key concept of “financial wellness” sharply into focus for many Canadians and for the financial institutions that support them. The shockwaves that disrupted public health quickly spread to economic disruption, and for many Canadians, the result was at least some degree of financial hardship and eroded confidence in their ability to manage their finances.

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READY, WILLING, EMPOWERED – CREATING A FOUNDATION FOR GENERATIONAL TRANSITIONS

Family enterprises in Canada have much to be proud of, from their dedication to creating jobs and value in local communities to their contribution to the economy, believes Olivier de Richoufftz, general secretary of the Family Enterprise Foundation, the charitable organization associated with Family Enterprise Canada.

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What it takes to keep crypto safe

If you’ve heard anything at all about cryptocurrency, you’ve probably also heard that it is a major environmental concern. One Earth.org article noted that a single year of bitcoin’s energy use could power all the tea kettles in the U.K. for 29 years. Clever as they are, comparisons like this lack an important element – meaningful context. For example, cryptocurrency’s energy use is still a fraction of that of the traditional banking industry.

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Investing in the future of energy

When it comes to investing, people generally think about risks through a backward-looking lens: historic security price performance and volatility, liquidity (ability to sell without affecting price), or traditional market risks like inflation and interest rate movements. But “there are new risks that investors need to consider,” says John Cook, senior vice president and portfolio manager for Mackenzie’s Greenchip Team. “Climate change poses both physical and transition risks to assets, as does the availability of resources that companies need to operate. The idea of risk management needs to adjust to these new realities.”

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