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canada
B.C. housing non-profit at heart of controversy names interim CEO
Janice Abbott, the CEO of British Columbia housing operator the Atira Women’s Resource Society, is stepping down after an audit found a conflict of interest over her marriage to the former head of Crown social housing provider BC Housing. Abbott is seen speaking in Surrey, B.C., on Wednesday, April 13, 2022. THE CANADIAN PRESS/Darryl Dyck
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AI-for-auditors startup MindBridge scores global deal with KPMG
KPMG's Kevin Kolliniatis and Kristy Carscallen, pose for a photograph with Leyton Perris (far right), Chief Executive Officer and President of MindBridge, at KPMG offices in downtown Toronto, Thursday April 13, 2023. (Christopher Katsarov/The Globe and Mail)
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KPMG faces $1.4-billion lawsuit for alleged role in Bridging Finance’s collapse
FILE PHOTO: A logo of KPMG is seen at its exhibition space, at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France June 15, 2022. REUTERS/Benoit Tessier
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Canadian companies not doing enough to tackle racism in the workplace, report says
The shadows of pedestrians walk up Bay Street while crossing Front Street West walking toward Union station during the difficult afternoon rush hour while commuters struggle with a crippling transit strike by TTC employees that began today throughout Toronto. Photo by Louie Palu/The Globe and Mail May 29, 2006
advisor news
Measures that can protect homeowners, buyers from becoming victims of title fraud
A house for sale sign is shown in front of a house in Oakville, Ont., west of Toronto, Sunday, Feb.5, 2023. The Canadian Real Estate Association says homes sales in January were the lowest for the month since 2009 and fell 37.1 per cent compared with a year ago.THE CANADIAN PRESS/Richard Buchan
your practice
Why financial literacy needs to be tied to kids’ real lives to sink in
Afro american student learning computer programming with teacher assisting. Multiethnic group of girls in computer lab coding on laptops.
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Companies need to boost cybersecurity measures as hybrid work becomes the norm
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KPMG censured, fined US$150,000 by U.S. accounting regulator in latest stumble for Canadian audit firm
A banner for professional services network KPMG hangs above the Collision conference in Toronto, Ontario, Canada June 23, 2022. Picture taken June 23, 2022. REUTERS/Chris Helgren
opinion
It’s time for more of Canada’s business community to play a role in national reconciliation with Indigenous people
Tammy Brown and Elio Luongo
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Ontario Securities Commission launches inquiries at multiple audit firms
The doors to the Ontario Securities Commission hearing rooms in Toronto on December 12, 2019. (Melissa Tait / The Globe and Mail)
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A Globe survey shows lack of progress two years after BlackNorth Initiative’s launch. Five experts weigh in with strategies for Canadian companies
Melanie Murzeau, a specialist in diversity, inclusion and accessibility for the AGCO, stands in the AGCO offices in North York, ON on July 21st, 2022. Duane Cole/The Globe and Mail
your practice
Tools for ESG investing in mining are emerging but due diligence challenges remain
A heavy hauler trucks transports material from Suncor's North Steepbank Mine in the oilsands in Fort McMurray Alta, on Monday June 13, 2017. Oilsands companies are exploring the possibility of deploying small modular nuclear reactors to create the heat needed in oilsands mining. THE CANADIAN PRESS/Jason Franson
advisor etfs
How to invest in commodities and miners that are key to the energy transition
FILE PHOTO: Excavators and drillers at work in an open pit at Tenke Fungurume, a copper and cobalt mine 110 km (68 miles) northwest of Lubumbashi in Congo's copper-producing south. January 29, 2013. REUTERS/Jonny Hogg/File Photo
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Startup accelerator MaRS launches climate program backed by KPMG
Ontario’s MaRS Discovery District has named Toronto-based technology entrepreneur Yung Wu as its new chief executive officer.
investment ideas
Global miners rank ESG as their top concern. Really?
A bucket excavator undergoes repairs and maintenance in the Garzweiler II open-cast lignite coal mine on April 21, 2022 near Erkelenz, Germany.
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Budget closes loophole for financial institutions trading in dividend stocks
A Bank of Montreal sign is shown in the financial district in Toronto on Tuesday, August 22, 2017. THE CANADIAN PRESS/Nathan Denette
leadership lab
Since the COVID-19 pandemic, ESG considerations are having a greater impact on the bottom line. How firms can begin the journey
Doron Telem and Katie Dunphy
toronto
Pride Toronto commits to ‘rectifying the harm’ after findings of independent review
Participants take part in the 2019 Pride Parade in Toronto, Sunday, June 23, 2019. Pride Toronto is apologizing after an independent, third-party review found that the organization was not transparent and could not prove that it completed several proposed projects for which it received $1.85 million in federal grants.THE CANADIAN PRESS/Andrew Lahodynskyj
your practice
Changes advisors should watch out for this tax season
A sign outside the Canada Revenue Agency is seen Monday May 10, 2021 in Ottawa. THE CANADIAN PRESS/Adrian Wyld
leadership lab
How to bridge the disconnect between awareness by firms of anti-Black racism and real change
Rob Davis and Elio Luongo
golf
Phil Mickelson apologizes for comments, ends deal with KPMG
FILE - Phil Mickelson greets spectators as he walks onto the 16th tee in the first round of play at the Northern Trust golf tournament, Thursday, Aug. 19, 2021, at Liberty National Golf Course in Jersey City, N.J. Whether his true intentions were chasing Saudi Arabian money or gaining more control over how he thinks the PGA Tour should be run, Mickelson has been exposed for manipulating people to get what he wants. (AP Photo/John Minchillo, File)
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Workplace inclusion efforts yield ambivalent results, according to survey of Black Canadians
FILE PHOTO: The KPMG logo is seen at their offices at Canary Wharf financial district in London, Britain, March 3, 2016. REUTERS/Reinhard Krause/File Photo
taxes
Top tips to trim your tax bill and beef up your returns before the end of 2021
Tax forms are shown in Toronto on Thursday April 5, 2018. THE CANADIAN PRESS/Doug Ives
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Britain-based litigation firm to finance lawsuit against Canadian advisers of failed payday lender
Saturday, June 19, 2010, - Calgary, AB - A Cash Store in Calgary, AB on Saturday, June 19, 2010. The chain is one of Canada's leading provider of alternative financial products and services, The Cash Store Financial Services Inc. (Cash Store Financial) boasts a growing network of more than 521 branches in over 200 communities nationwide. The company operates two of the most recognizable brands in Canada's expanding payday loan services market - The Cash Store and Instaloans - offering customers an option to traditional lending institutions. Photo by CHRIS BOLIN for The Globe and Mail
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Explosion in demand for sustainable finance talent shows no signs of slowing
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Bridging Finance’s receiver eyes lawsuit against KPMG, the private lender’s auditor
FILE - David and Natasha Sharpe, of Bridging Finance Inc. are photographed in the company's downtown Toronto offices on April 11 2019. Bridging Finance provided financing for the purchase of the MV Sivulliq (in the painting behind the couple) a shrimp trawler.
leadership lab
How to attract leaders to your organization – and keep them there
Aaron Gillespie
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Most small businesses have positive outlook thanks to tech opportunities, survey finds
People shop and wait in long lines to enter stores along Queen Street West during the COVID-19 pandemic in downtown Toronto on Friday, June 11, 2021. THE CANADIAN PRESS/Nathan Denette
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Cognizant, Aon share wealth in golf sponsorship
FILE - Karrie Webb, right, of Australia, poses with LPGA Founder Marilynn Smith, left, LPGA "Pioneer" Renee Powell, second from left, and LPGA Founder Shirley Spork, second from right, as Webb arrives for ceremonies after winning the LPGA Founders Cup golf tournament in Phoenix, in this Sunday, March 23, 2014, file photo. The tournament now is sponsored by New Jersey-based Cognizant, which chose to invest in men's and women's golf. (AP Photo/Ross D. Franklin, File)
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Canadian businesses struggling to find workers with digital skills, survey finds
Website technical content writer. Network service. Social media blogging. Closeup of hands typing on laptop, creating new article.
alberta
Alberta’s financial aid for businesses went underused in first wave, report finds
A pedestrian wearing a mask walks through an empty downtown Calgary, Alta., Wednesday, Dec. 9, 2020. Alberta's COVID-19 cases are continuing to climb ahead of a further shutdown of some businesses and services. THE CANADIAN PRESS/Jeff McIntosh
international business
U.K. accounting regulator fines KPMG in Silentnight case
FILE PHOTO: The KPMG logo is seen at their offices at Canary Wharf financial district in London, Britain, March 3, 2016. REUTERS/Reinhard Krause
property report
Technology in construction sector is slow to grow, new report says
The job: There are a number of jobs on a construction site, from swinging a hammer to operating a backhoe or working at a desk examining a set of blueprints. Each requires a different set of skills. “There is a job for everybody in the industry,” said Jessica Steffler, director of career promotions at the Ontario Civil Construction Careers Institute.
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Ontario’s financial regulator puts struggling PACE credit union up for sale, sources say
Exteriors of the PACE Savings & Credit Union branch at 550 Matheson Blvd West in Mississauga, Ont. are photographed on Mar 12 2019. Laste in 2018, the Deposit Insurance Corporation of Ontario (DICO) placed PACE “under administration."
opinion
Canada’s accounting-firm problem child remains a mystery
David Milstead
industry transformation
How investment firms are tackling the adoption of the client-focused reforms
Calgary, AB - Feb11/05 - Mark Kent president of Portfolio Strategies Corp. in his Calgary office. Photo by Todd Korol/Globe & Mail