News

Thursday, November 19, 2009
Economic crime in Canada rises to highest level in six years
The Canadian summary of the Global Economic Crime Survey reveals that Canada needs to be doing more to prevent fraud, money laundering and other forms of economic crime.

Monday, November 16, 2009
Many Canadian companies plan for bulk of IFRS conversion in 2010
A media advisory/interview opportunity: Are Canadian companies making positive strides in their transition to International Financial Reporting Standards (IFRS)?

Thursday, October 22, 2009
Canadian CFA charter holders want more understanding of International Financial Reporting Standards: PwC Survey
With the January 2011 transition date for International Financial Reporting Standards (IFRS) looming on the horizon for all publicly accountable enterprises in Canada, a large proportion of Canadians who hold the Chartered Financial Analyst® (CFA®) designation indicate they favour the transition to IFRS (48%), but also say there is much room to improve their understanding of how IFRS will impact Canadian public companies.

Thursday, October 15, 2009
83% of Canadian energy companies have not reached the half-way mark for their IFRS conversions: PricewaterhouseCoopers
A survey of energy companies — both public and private — indicated that 87% will be adopting IFRS in Canada by the Canadian Accounting Standards Board (AcSB) deadline of January 1, 2011.

Monday, October 5, 2009
Slow third quarter recovery of IPO market driven by better fundamentals, PwC survey suggests
A slow recovery in the market for initial public offerings on Canada’s senior equity exchange in the third quarter has pushed the total new equity raised in Canadian public markets in the first nine months of 2009 to almost $1.5 billion.

Thursday, October 1, 2009
PricewaterhouseCoopers and Goldfarb, Shulman, Patel & Co. join practices
PricewaterhouseCoopers LLP (PwC) Canada and Goldfarb, Shulman, Patel & Co. LLP of Toronto are joining their practices effective October 1, 2009. Goldfarb, Shulman, Patel’s office at 400 Bradwick Drive will become PwC’s York Region Private Company Services office.

Wednesday, September 30, 2009
PwC online magazine explores market drivers, confidence of Alberta businesses and practical advice on making sustainable change in organizations
Natural gas has long been the quiet driver of Alberta’s economy. And with the price of natural gas dropping to a seven-year low and inventories reaching a record high, many organizations – both public and private – are re-evaluating their long-term business strategies, according to the latest edition of PricewaterhouseCoopers’ (PwC) Doing Business in Alberta online magazine.

Wednesday, September 16, 2009
Canadian retailers lose over $3 billion annually to crime: Retail Council of Canada, PricewaterhouseCoopers Survey
Despite challenging economic times and turbulence in both the domestic and global economies, results of a PricewaterhouseCoopers and Retail Council of Canada survey of medium and large retailers for 2008 show that Canadian retailers are continuing their vigilance against the influences of criminal activity.

Monday, September 14, 2009
Cash bonuses for CEOs at Canadian mining companies decline sharply
Despite a slowdown in the mining industry, the CEOs of these companies have seen year-over-year increases in salaries according to the 2009 Mining Industry Salary Survey, researched and produced by Coopers Consulting Ltd. (Coopers Consulting) and PricewaterhouseCoopers LLP (PwC).

Tuesday, September 8, 2009
Deal value in the global metals sector on pace to exceed 2008 totals by 85%, says PricewaterhouseCoopers
The number of deals announced in the global metals industry during the second quarter of 2009 declined from the first quarter and remained far below the pace seen in 2008.

Wednesday, August 19, 2009
Now more than ever Canadian energy companies must create strategic and integrated CSR programs to survive: PwC
Despite reports that more and more energy companies believe it is critical to integrate financial, social and environmental programs under the umbrella of corporate social responsibility (CSR) to ensure future growth, a recent survey conducted by PricewaterhouseCoopers (PwC) and JuneWarren-Nickle’s Energy Group found just the opposite.

Monday, August 17, 2009
Limited buyers, scarce money: commercial real estate in tough times: PwC
Despite continued signs of “green shoots” in the macro-economy, there remains significant obstacles to recovery in the commercial real estate industry (CRE).

Wednesday, July 15, 2009
70% of Canadian energy companies expect oil prices to increase over the next year: PwC survey
While 2008 was a year of two extremes, with oil and gas producers experiencing boom and bust all within 12 months and many responding by cutting their capital spending plans for 2009 anywhere from 25% to 35%, they still continue to plan for the future according to the Canadian Energy Survey released today by PricewaterhouseCoopers (PwC) and JuneWarren-Nickle's Energy Group.

Tuesday, July 7, 2009
Single IPO on the TSX breaks nine month drought, signals growing investor demand: PwC survey
A $500 million initial public offering by Capital Power Corporation in the closing days of June was the only new corporate issue to appear on Canada’s senior equity exchange in the second quarter of 2009 and the first corporate IPO on the TSX since the second quarter of 2008, the PricewaterhouseCoopers (PwC) survey of IPOs on Canada’s equity exchanges has revealed.

Wednesday, June 24, 2009
Are Canadian companies ready for IFRS?
A survey by the Canadian Financial Executives Research Foundation and sponsored by PricewaterhouseCoopers, finds many companies racing to the January 1, 2011 deadline for transition to IFRS.

Tuesday, June 16, 2009
It’s all going digital: Canadian entertainment and media spending to shift dramatically over the next five years
In the current economic environment, sound risk management has become a key focus and necessity for private companies.

Tuesday, June 2, 2009
Effective performance management practices drive superior performance
Do effective performance management (PM) practices drive superior performance? Absolutely yes, shows the results of a new survey from PricewaterhouseCoopers (PwC) in collaboration with the Telfer School of Management at the University of Ottawa and the Canadian Advance Technology Alliance (CATA), titled, Performance management matters: Sustaining superior results in a global economy.

Tuesday, May 26, 2009
M&A activity in global metals sector experiences significant deterioration during first quarter 2009, marking its second consecutive quarter of decline, says PwC
The pace of global deal activity in the metals industry significantly declined in first quarter 2009 as falling end-market demand and weak commodity prices created a difficult operating environment, according to a report released today by PricewaterhouseCoopers LLP (PwC): Forging ahead: First-quarter 2009 mergers and acquisitions analysis.

Wednesday, May 6, 2009
Excessive tax complexity hurts both small and large Canadian businesses: PricewaterhouseCoopers
In the current economic crisis, Canada has been acknowledged for its relative strength on fiscal performance and on financial regulation.

Thursday, April 30, 2009
Canadian mutual fund investors find comfort in their advisors: PwC survey
Despite massive swings in stock markets and the economy, a new survey from PricewaterhouseCoopers (PwC) shows that 73% of Canadians who own mutual funds believe they remain a good investment vehicle.

Thursday, April 23, 2009
What does the future hold for private equity?
Volatile economic conditions and a reduction in available capital are reshaping the way the private equity (PE) sector operates.

Thursday, April 9, 2009
Financial reporting and accounting in a downturn: PricewaterhouseCoopers advises
Current market conditions have resulted in additional challenges for companies in preparing their financial statements and related disclosures, including asset impairments, valuation issues and liquidity disclosures.

Thursday, April 2, 2009
Flat-lined market for IPOs on TSX shows no sign of revival in first quarter, survey reveals
The market for initial public offerings on Canada’s senior stock exchange endured the first quarter of 2009 without a single offering of new corporate equity, a PricewaterhouseCoopers (PwC) survey of IPOs on Canada’s equity exchanges has revealed

Thursday, March 26, 2009
Government and business leaders must work together to rebuild confidence in stakeholders: PricewaterhouseCoopers LLP
As the economic crisis bites, CEOs support government intervention, but are seeking more effective leadership, improved business-to-government collaboration and smarter regulation to improve the future prospects of the global economy, according to a new report from PricewaterhouseCoopers (PwC).

Monday, March 16, 2009
Agnico-Eagle Mines Limited's David Garofalo Named Canada's CFO of the Year for 2009
David Garofalo, Senior Vice President, Finance and Chief Financial Officer of Agnico-Eagle Mines Limited, has been chosen as Canada’s CFO of the Year™ for 2009.

Monday, March 16, 2009
PricewaterhouseCoopers podcast series to help businesses manage in the downturn: pwc.com/ca/managinginadownturn
To help businesses learn how to manage through the downturn, PricewaterhouseCoopers (PwC) in Canada announced today a series of podcasts that explores key issues affecting businesses and shares strategies companies can use to address them.

Wednesday, March 11, 2009
Corporate sustainability reporting remains an issue for Canadian companies: PwC and FEI Canada Study
An overwhelming majority (90%) of Canadian senior financial executives consider reporting on the environmental and social impacts of their companies to be important.

Tuesday, February 17, 2009
Oh Canada! We believe in our Canadian Banks
These days, it's not easy being a bank. Tight liquidity, large credit write-downs and sagging profitability have plagued the industry across the globe.

Wednesday, February 4, 2009
Typically Canadian: majority of CEOs ‘somewhat’ confident for revenue growth in future
Reflecting typical Canadian humbleness, the annual PricewaterhouseCoopers (PwC) Global CEO survey has found that the majority of Canadian CEOs (59%) are ‘somewhat confident’ for revenue growth in the next year and 63% over the next three years.

Friday, January 16, 2009
Tumultuous path ahead for auto industry in 2009 says PricewaterhouseCoopers
Following a dispiriting end to 2008, many markets and car producers are expected to continue enduring a tough path in 2009.

Tuesday, January 6, 2009
Canada’s equity markets enter uncharted territory after six months of no TSX IPO activity
Without a single initial public offering on Canada’s senior equity exchange in the last six months, 2008 was the worst year for IPOs in the history of the annual survey of Canada’s equity markets by PricewaterhouseCoopers (PwC), the firm’s 2008 summary has revealed.

Tuesday, January 6, 2009
Outsourcing in a downturn: standing on the sidelines is not an efficient response, says PwC
Difficult economic conditions around the world have encouraged many organizations to look at alternative service delivery models like outsourcing and offshoring to address various short- and long-term business concerns.

Tuesday, December 16, 2008
PwC study shows more dialogue needed between IT and sustainability functions
PwC launches a new study regarding the dialogue between IT and sustainability functions within organizations.