Avoid borrowing to pay regular expenses or to pay off existing debt
Wearing a protective mask, a dog walker ventures out as heavy smoke from northern Alberta forest fires blankets downtown Calgary on May 16, 2023.
THE CANADIAN PRESS/Larry MacDougal
Canadian financial institutions — banks, pension funds and private equity firms — fund the fossil fuel industry and are therefore helping fuel the climate crisis. Why won’t Ottawa hold them to account?
The Office of the Superintendent of Financial Institutions has released guidelines for financial institutions to address climate change risks.
THE CANADIAN PRESS/Nathan Denette
OSFI’s guidelines are a small step towards making financial decision-makers more conscious of their influence on climate outcomes, but there is still work to be done.
The accounting profession and others in the financial services industry are at risk of extinction due to technological advances.
(Adeolu Eletu/Unsplash)
In the face of technological threats, it may be tempting to turn finance professionals into data scientists. This isn’t the way forward. Instead, they need to find new uses for their expertise.
In an era of data breaches and privacy intrusions, the majority of Canadians want paper bills. So why aren’t organizations listening to them?
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In an era of data breaches and data privacy concerns, governments should enshrine in law a requirement for companies and banks to send paper bills and statements in order to protect consumers.
Young people in Africa are getting addicted to online betting through their mobile phones.
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The European Investment Bank’s funding of the Trans Adriatic Pipeline will harm the climate and makes little financial sense.
Brazilian President Temer, Russian President Putin, Chinese President Xi Jinping, South Africa’s President Zuma and Indian Prime Minister Modi.
Reuters/Kenzaburo Fukuhara
The promise of BRICS was that it would usher in a new approach to development. But after meeting annually for the last nine years there’s no sign that the old order has been challenged.
Organisations increasingly need to put procedures and practices in place to manage their reputation in the social media age.
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The increasing use of social media in the financial sector has made it difficult for companies to exercise control, while at the same time allow employees freedom of expression in the workplace.
Small business owners, such as this vendor in Cape Town, need access to affordable micro loans.
Reuters/Mike Hutchings