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Household Debt Hits New High As Country's Financial Stability Questioned

which grew a thin 0.5 per cent, matching its slowest pace in the past six quarters. It was the third ...

Daily Headline - global.abi.org - 03/12/2015 - 22:57 - 0 comments

Retired Hamilton Steelworkers Seek Status In Pension Case

Steel pensioners from Hamilton are going to court to save a key protection for retirees whose employers go bankrupt. They're rallying behind a little-known legal principle in Ontario that says amounts owed to a pension plan by a bankrupt employer be ...

Daily Headline - global.abi.org - 03/10/2015 - 22:31 - 0 comments

Suppliers Put Target Canada In The Hot Seat

Target Canada suppliers have a long list of questions they want the insolvent retailer to answer — 61 in all. The questions centre around the timing of the insolvency, declared Jan. 15, the Toronto Star reported. Target is in the process of liquidati ...

Daily Headline - global.abi.org - 03/03/2015 - 22:34 - 0 comments

Trouble In Paradise: Inside Canadian Banks’ Billion-Dollar Caribbean Struggle

Financial institutions are at the epicentre of the financial storm in the Caribbean. Take the case of Sagicor Financial Corp., a leading regional life insurer, based in Barbados. Because the country’s sovereign debt has been downgraded several times, Sag ...

Daily Headline - global.abi.org - 03/02/2015 - 22:38 - 0 comments

Corinthian’s Canadian Subsidiary Files for Bankruptcy

The Canadian subsidiary of embattled for-profit education company Corinthian Colleges Inc. has filed for bankruptcy under Canada’s insolvency law after an Ontario education regulator took action against the company’s 14 Canadian campuses, The Wall Stre ...

Daily Headline - global.abi.org - 02/23/2015 - 22:25 - 0 comments

Laricina Energy Shuts Down Oilsands Project To Save Cash

Cash-strapped private oilsands producer Laricina Energy Ltd. is shutting down its Germain commercial demonstration project and will halt planning on its joint-venture Saleski project as its fruitless search for investment dollars enters its fourth month, ...

Daily Headline - global.abi.org - 02/23/2015 - 22:30 - 0 comments

KPMG's Insurance Group - Recent Publications - January 2015

At KPMG, we are dedicated to providing our clients with insights on today’s critical business issues. To help keep you up to date, we’re pleased to share with you recent studies, white papers, articles, and multimedia content published by KPMG. Rea ...

Resource Article - twallace@abiwor... - 02/18/2015 - 13:45 - 0 comments - 0 attachments

KPMG's Financial Services M&A Digest - January

A year ago, KPMG’s Global Deal Advisory practice made 10 predictions around how mergers and acquisitions (“M&A”) would impact the insurance sector. The time has now come to revisit these and how they have turned out – read more here . Pleasingly, man ...

Resource Article - twallace@abiwor... - 02/18/2015 - 13:44 - 0 comments - 0 attachments

Guide to annual financial statements – Illustrative disclosures for investment funds

Our Guide to annual financial statements – Illustrative disclosures for investment funds helps you to prepare your financial statements in accordance with IFRS, illustrating one possible format for financial statements based on a fictitious investment fu ...

Resource Article - twallace@abiwor... - 02/18/2015 - 13:31 - 0 comments - 0 attachments

New edition of Frontiers in Finance now available

Navigating change and transformation Substantial progress has been made in stabilizing the financial sector since the crisis six years ago. Yet a great deal remains to be done. The focus of this issue of Frontiers in Finance is navigating change ...

Resource Article - twallace@abiwor... - 02/18/2015 - 13:17 - 0 comments - 0 attachments

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