News

Monday, January 30, 2012
Macro-economic risk top issue with global banks: CSFI and PwC survey
The Centre for the Study of Financial Innovation ‘s Banking Banana Skins survey, produced with PwC, puts macro-economic risk at the top of the list of 30 risks to banks.

Tuesday, January 24, 2012
Despite economic concerns, Canadian CEOs are resilient and ready for growth
Nearly half (48%) of the 1,258 CEOs polled worldwide believe the global economy will decline even further in the next 12 months, according to PwC’s 15th Annual Global CEO Survey.

Friday, January 20, 2012
2011 M&A transaction volumes hit all-time high in Canada
A Q4 report released today by PwC, points to deal values rising by 22% compared to 2010 and double the 2009 value tally.

Wednesday, January 18, 2012
Business needs to do more to manage deal risks in growth markets, urges PwC report
PwC analyzed 200 deals in growth markets to identify the root causes of problems, and suggests a number of measures corporations could take to manage the risk and boost their chances of a successful deal.

Tuesday, January 3, 2012
Canadian IPO market struggles to hit $2 billion in 2011: PwC Survey
Only 2008 (57 issues for $700 million) and 2009 (28 issues for $1.8 billion) were lower in the past decade.

Monday, December 19, 2011
20 Reasons why Canadian capital markets were the place to be in 2011
PwC’s December Capital Markets Flash report sets out 20 reasons why Canadian markets were a great place to be during 2011.

Tuesday, November 29, 2011
Mixed reviews on how companies are dealing with white-collar crime in Canada
The perceived risk of cybercrime to Canadian organizations is on the rise according to a new report on economic crime from PwC.

Tuesday, November 8, 2011
Market cap is up 62% for the TSX-V mining sector, but volatility is here to stay
Market capitalization for the Top 100 junior mining companies on the TSX Venture Exchange grew to $20.6 billion in the 12 months ending June 30, 2011. This is a 62% increase from the same period in 2010, according to our latest study Junior Mine.

Tuesday, November 1, 2011
Occupancies hang on at 90% in commercial real estate markets coast to coast, but can the trend withstand another economic crisis?
For 2012, the Canadian real estate market recovery could taper off, only sustained by modest and “not stellar” income growth according to PwC and the Urban Land Institute.

Thursday, October 27, 2011
Pension fund & bank M&A shelters Canadian M&A market from a severe downturn: PwC
The third quarter saw an uptick in Canadian M&A volumes and values by 8% and 1% compared to the same quarter last year, says PwC Canada in its Q3 Deals Quarterly report on Merger and Acquisition (M&A).

Wednesday, October 12, 2011
Canada’s CFO of the Year™ 2012 award nominations now open
Nominations are now being accepted at www.cfoy.ca for the 2012 Canada's CFO of the Year™ award.

Friday, October 7, 2011
PwC recognized as a top employer for an eighth year
Mediacorp Canada Inc. has recognized PwC as one of Canada's Top 100 Employers for 2012, for the eighth consecutive year.

Tuesday, October 4, 2011
Volatility slows IPO market recovery in third quarter, PwC survey shows
Unprecedented equity market volatility in the third quarter of 2011 forced issuers and investors to the sidelines and slowed the nascent recovery in the market for IPOs in Canada, the quarterly PwC survey of IPO activity shows.

Thursday, September 29, 2011
Canadians find the right balance of deal-making in China: PwC
Canadian entities have announced $1.42 billion worth of acquisitions in China over the last nine months, a 158% increase over annual 2010 dollars volumes, according to PwC’s latest M&A report to clients, the Capital Markets Flash.

Monday, September 12, 2011
Annual review of tax changes by PwC shows that loopholes have been tightened, corporate rates are on the decline and new personal tax credits introduced
PwC's annual Tax Facts and Figures publication outlines some of the tax reductions and incentives offered by the federal government and provinces to spur investment and spending.

Wednesday, September 7, 2011
Blistering pace of mining M&A grinds to a halt after the half-year mark; Slowdown likely temporary: PwC report
According to PwC's mid-year Mining Deals update, signs point to a global M&A slowdown in the second half of 2011 after a strong start to the year.

Monday, August 29, 2011
PwC accredited as Greenhouse Gas Auditor, enhancing its Reporting & Assurance services
The accreditation from ANSI recognizes that PwC has the resources, organizational structures, systems, and expertise to provide high quality greenhouse gas verification services to Canadian organizations.

Monday, August 29, 2011
PwC recognized as a global leader for its talent consulting services by IDC
PwC has been named a leader in the IDC vendor assessment of talent consulting capabilities: "IDC MarketScape: Worldwide Talent Related Business Consulting 2011 Vendor Analysis."

Wednesday, August 3, 2011
Canada flexes its M&A muscles; outpaces global in Q2: PwC report
Q2 saw 836 Canadian mergers and acquisitions (M&A) announcements worth close to US$57 billion—the strongest deal quarter in Canada since the credit crisis.

Tuesday, July 5, 2011
IPO market sees improvement in spite of choppy conditions, PwC survey shows
The market for initial public offerings in Canada picked up speed in the second quarter of 2011 but a series of economic uncertainties from Europe, the US and Japan held growth in check, the quarterly PwC survey of IPO activity on Canadian equity exchanges shows.

Monday, July 4, 2011
Bill McFarland Leads PwC Canada as new CEO and Senior Partner
Bill McFarland has been elected new Chief Executive Officer and Senior Partner for PwC Canada. He began his duties July 1, 2011 taking over from Chris Clark, who was CEO and Senior Partner from 2005-2011.

Monday, July 4, 2011
PwC ranked as a Business Consulting Leader worldwide
IDC, a leading consulting research and analytics firm, has rated PwC as a worldwide business consulting leader. Worldwide, PwC has been ranked with the strongest positioning in terms of strategy and is also judged by IDC to be growing faster than the overall market.

Friday, June 24, 2011
Canada an ‘underachiever’ in emerging BRIC market deal-making
Canada has been less acquisitive than most of its developed nation peers in the coveted emerging markets of Brazil, Russia, India and China (BRIC nations), PwC’s new Capital Markets Flash report shows.

Wednesday, June 22, 2011
Ontario health system is sustainable, but transformation required, says new citizens’ panel
A report released today shows that an informed citizen perspective brings new clarity to old debates and can help propose solutions to some of the major challenges facing Canadian health care.

Thursday, June 9, 2011
Canadian CEOs more likely to eye older workers as potential recruits
According to a new PwC report, the majority of Canadian CEOs (75%) are finding it a challenge to recruit younger employees.

Thursday, June 9, 2011
Hosting mega sporting-events speeds up regional economic development: PwC
According to a new report from PwC, investing in infrastructure required for mega-events can accelerate economic development in some host countries and regions by as much as three decades.

Tuesday, June 7, 2011
Top 40 global mining companies’ total assets could exceed $1 trillion in 2011
The top 40 global mining companies—including nine headquartered in Canada—increased their total assets to US$943 billion in 2010 and are poised to break through the US$1 trillion mark in 2011 driven by record levels of cash, and property and equipment on company balance sheets, according a new PwC report released today.

Monday, June 6, 2011
Big deals are back in the industrial manufacturing sector
A significant increase in merger and acquisition (M&A) volume and value in Q1 2011 signals a positive outlook for global industrial manufacturing (IM) deal activity.

Friday, June 3, 2011
Cyclist Ryder Hesjedal and Olympic speed skaters Charles and François Hamelin kick off Team PwC sponsorship program for Canadian athletes
Professional services firm PwC has announced a corporate sponsorship program supporting nine Canadian athletes.

Thursday, May 26, 2011
Opportunities in Europe for Canada amidst economic/political backdrop: PwC
In its latest Capital Markets Flash report, PwC discusses the potential impacts of continued political and economic divergence in Europe on Canadian capital markets and Canadian enterprises. The report sets out a contrarian view that Europe may be an attractive destination for investment.

Wednesday, May 11, 2011
Lack of venture capital funding holding Canadian tech firms back from competing globally - Second straight year angel investors dominate funding for emerging technology companies: PwC
A report on emerging technology companies released today by PwC shows that for the second straight year, angel investors have taken over as the primary funding source for these companies.

Tuesday, May 10, 2011
BC mining companies are riding the wave of strong demand and high commodities prices: PwC report
According to a new report from PwC, BC’s mining companies have rebounded from the global economic slowdown, turning in near-record results for revenues, net income and cash flows during 2010.

Thursday, May 5, 2011
Canadian construction projects to more than double within four years: PwC
Oil sands will help make Canada one of the fifth largest global construction markets by 2020.

Tuesday, May 3, 2011
How digital-ready are you? PwC launches their Digital Readiness Assessment at Canada 3.0 2011
PwC announced the launch of its Digital Readiness Assessment (DRA) at the Canada 3.0 2011 digital media forum in Stratford, Ont. The DRA is a diagnostic business offering that helps companies to assess their current “digital state” and seek out new business opportunities to go digital.

Tuesday, April 26, 2011
GTA could be a potential hotspot for Brazilian investors: PwC / GTMA report
A new report from PwC and the Greater Toronto Marketing Alliance (GTMA) indicates that Brazilian companies, particularly in the IT sector, could be a significant target market for attracting foreign direct investment (FDI) into the Greater Toronto Area (GTA).

Friday, April 15, 2011
On a rally: strongest 1st quarter for Canadian M&A deals by value since 2007 however “this is a different market” says PwC
The past 90 days in Canada have resulted in over $50 billion worth of deal announcements - 81% higher than the first quarter of 2010 and in line with the Q1 2007 high.

Monday, April 4, 2011
Canadian IPO market recovery pauses in first quarter, PwC survey shows
The Canadian market for initial public offerings took a breather in the first quarter of 2011 due to geo-political risks and volatile equity markets, according to PwC’s survey of IPO activity.

Friday, March 25, 2011
Geopolitical turmoil and inflation expectations yet to negatively impact Canadian debt markets; never a better time to raise capital in this country: PwC
Despite a slight increase in Canadian base rates and evidence of an uptick in inflation expectations, Canadian corporate bond yields remain extremely low - good news for Canadian debt markets, including the emerging Canadian high-yield market.

Saturday, March 19, 2011
PCL’s Gordon Maron named Canada’s CFO of the Year for 2011
Gordon Maron was named Canada’s CFO of the Year by an independent committee, chaired by Peter Dey, Chairman of Paradigm Capital, and composed of some of Canada’s most prominent business leaders.

Friday, March 18, 2011
Asset Management CEOs very confident of growth over next three years: PwC - Financial crisis and pressure on pension plans creates more awareness to save for retirement
A PwC global survey of asset management CEOs predicts a new a period of growth for their companies, fuelled by emerging markets, an aging population and a general heightened awareness among investors to put more away for their retirement.

Friday, March 4, 2011
2011 will provide opportunities for growth and innovation for Canadian Banks despite a changing and complex regulatory environment: PwC Banking Report
Canadian Banks 2011, a report released today by PwC, examines the industry’s performance in 2010 and discusses opportunities for both growth and innovation despite a changing and complex regulatory environment.

Thursday, March 3, 2011
China’s role in global mining M&A overstated – Canadian buyers top world: PwC report
In 2010, only 6% of global mining deals involved Chinese acquirers, compared to acquirers from Canada (36%), the United States (16%) and Australia (16%), according to PwC’s new Mining Deals report released today.

Thursday, February 3, 2011
The federal government should continue reducing corporate tax rates: PwC’s tax proposals for the 2011 Federal Budget
PwC has submitted its tax proposals to Finance Minister Jim Flaherty as part of his pre-budget consultations, including a recommendation that the federal government continue with the planned reduction of corporate income tax rates.

Wednesday, January 26, 2011
Confidence of Canadian CEOs returns for 2011: PwC’s 14th Annual Global CEO Survey
The worldwide poll of 1,201 CEOs in 69 countries found that half of the Canadian CEOs surveyed said they were “very confident" of growth in the next 12 months.

Thursday, January 20, 2011
2010 Canadian M&A at five-year high; 2011 a perfect storm: PwC
Canadian M&A activity reached a 5-year high in 2010, and the outlook for 2011 is even brighter.

Tuesday, January 4, 2011
$5.5 billion Canadian IPO market in 2010 builds momentum for 2011: PwC survey
The market for initial public offerings in Canada topped $5 billion in 2010, a significant increase from 2009, according to PwC’s survey of IPO activity.

Friday, December 10, 2010
20 Reasons why this was a banner year for Canada’s capital markets
PwC’s December Capital Markets Flash report highlights 20 reasons why Canada’s public debt capital has been plentiful and investor demand for equities has been very healthy.

Friday, November 19, 2010
Canada’s tax system moving in the right direction, leaps to the top quartile in global rankings
Business tax rates in Canada have been reduced to a low of 29.2%, helping our total tax rate ranking rise from 103 in 2009 to 37 in 2010.

Thursday, October 21, 2010
Market capitalization up 49% for the top 100 mining companies on the TSX-V
The market capitalization of the entire TSX-V also staged a rebound in 2010, increasing 51% to $37.7 billion and reversing the downtrend of the past two years.

Friday, October 15, 2010
Transformational 3rd quarter for Canadian M&A activity by deal value; up 168% from Q2
Measured by dollar value, the Canadian deal market during the last three months was a blockbuster one, says PwC in its quarterly roundup of the Canadian M&A market.

Wednesday, October 6, 2010
103-year-old PricewaterhouseCoopers gets a brand makeover
PricewaterhouseCoopers is shedding its long name and 12-year-old logo for a more modern and comprehensive brand that speaks directly about building relationships and creating value.

Tuesday, October 5, 2010
Canadian IPO market tops $4 billion, but recovery is uneven
A total of 10 new issues on Canadian exchanges in the third quarter of 2010 contributed $1.41 billion to a total value of $4.3 billion raised so far this year.

Wednesday, September 22, 2010
Asset and fund management firms undergoing major transformation, requiring changes to their business models: PwC
A study states that lower asset values, growing competition and rising operational costs are causing asset management firms to experience lower profit margins.

Tuesday, August 31, 2010
In race to meet International Financial Reporting Standards (IFRS) deadline, many companies are running to the finish line
A report on Canadian companies in their four-month race to convert to IFRS indicates that small and medium-sized companies are not as far along in their conversions as large companies.

Thursday, August 19, 2010
You can’t escape taxes, but each province is unique in how it collects taxes and creates incentives: PricewaterhouseCoopers
PricewaterhouseCoopers has released its annual Tax Facts and Figures, which is a reference tool to help readers understand the personal and corporate tax rates and changes across Canada.

Wednesday, July 14, 2010
Canadian Q2 M&A activity outpaces the global trend - volumes up 15% over the prior quarter, with energy and materials deals leading the way: PwC
While this quarter’s growth is noteworthy, the consecutive quarterly pace of deal volume growth has slowed by 12%.

Monday, July 5, 2010
IPO market recovery could be a bumpy ride, PwC survey shows
The recovery in the market for initial public offerings in Canada that began in the first quarter took flight in the second quarter, but it hasn’t been a smooth ride

Monday, June 7, 2010
Internal audit should become strategic risk advisers to the board, asserts new study from PricewaterhouseCoopers
PricewaterhouseCoopers' Global State of the Internal Audit Profession survey polled more than 2,000 executives from 55 countries, including 82 leading Canadian organizations.

Monday, May 31, 2010
Global deal activity for industrial products on the rise in Q1 2010: PwC
M&A environment in engineering and construction, transportation and logistics, metals, and aerospace and defence industries shows signs of recovery.

Wednesday, May 26, 2010
With only seven months remaining, half of public companies are less than 60% through their IFRS conversions
Changes in financial reporting will require companies to explain possible changes in earnings per share and increases in pension liabilities.

Thursday, May 20, 2010
Canadian companies say the responsibility lies with government to shift their response to climate change: PwC survey
In almost 700 interviews in 15 countries (53 in Canada), executives shared their perspectives on the impact of climate change, the role of government and preferred environmental policy tools.

Wednesday, May 12, 2010
BC’s mining industry results beat expectations in 2009, despite turbulent global economy: PwC report
British Columbia’s mining industry reported pre-tax net earnings of $2.3 billion during 2009 in spite of the worldwide economic slowdown, according to The Mining Industry in British Columbia—2009.

Thursday, April 29, 2010
After the recession: Canadian companies’ lower debt levels and stronger cash balances leave them well positioned for acquisitions: PwC report
Canadian companies did well in riding out the recession compared to their global counterparts, and now is a good opportunity for acquisitions within Canada and abroad.

Monday, April 26, 2010
Canadian CEOs more keen on going green compared to their global counterparts
Adopting climate change strategies will play an important role in helping businesses score high marks from investors and consumers, gain leading market positions, and manage changes in climate change regulations.

Tuesday, April 20, 2010
Canadian consumers demand more patient-centred healthcare: HealthCast report
The survey includes insight from 3,500 consumers around the world, including 500 Canadians, as well as 815 global health leaders and experts (85 in Canada).

Friday, April 9, 2010
Canadian M&A activity in Q1 up notably from 2009 with 614 closed deals worth $24.3 billion: PricewaterhouseCoopers
PricewaterhouseCoopers (PwC), in its inaugural roundup of the Canadian M&A market, indicates that the recession’s impact was short-lived when looking at Q1 2010 deal volumes and aggregate values.

Tuesday, March 9, 2010
PwC report studies decade of Canadian IPOs
PwC has summarized its regular IPO surveys with a 10-year report, The Canadian IPO Market – Decade in Review.

Wednesday, February 24, 2010
Canadian banks to face new questions about their ability to handle increased political attention and a changing regulatory environment: PwC
Canadian Banks 2010: Perspectives on the Canadian banking industry, a report released today by PricewaterhouseCoopers LLP (PwC), analyzes the industry’s 2009 performance and investigates new challenges for 2010.

Thursday, February 4, 2010
Expansion seen for global outsourcing market: PwC
Outsourcing providers around the world predict that demand for their services is expanding rapidly, according to a new survey from Duke University's Offshoring Research Network and PricewaterhouseCoopers (PwC).

Wednesday, February 3, 2010
Canada's tax system ranks 28th in global ease of paying taxes survey
The report measures the ease of paying taxes by assessing the administrative burden to comply with tax regulations, and by calculating total tax liability as a percentage of pre-tax profits

Tuesday, February 2, 2010
CEOs more positive about global government coordination to stabilize financial systems: PwC survey
As business confidence begins to recover, the unprecedented global coordination by governments last year to stabilize the financial system has drawn praise from business, according to the 13th Annual Global CEO Survey from PricewaterhouseCoopers (PwC) and its Public Sector Research Centre report, Rethinking and Reshaping the Business Environment: Government and the Global CEO.

Wednesday, January 27, 2010
Canadian CEOs more likely to say the economy is in recovery compared to their global counterparts
With their worst fears of prolonged recession behind them, CEOs' confidence for future growth has bounced back from the gloomy prospects of a year ago, according to the 13th Annual Global CEO Survey by PricewaterhouseCoopers (PwC)

Tuesday, January 5, 2010
Gains in 2009 IPO market suggest a growing appetite for new equity, PwC survey shows
The PwC survey showed that 2009 ended with 28 new issues on all Canadian exchanges for a total value of more than $1.8 billion.

Thursday, December 17, 2009
Gold maintains its strong showing in 2009: PwC survey
According to the annual PricewaterhouseCoopers (PwC) Gold Price Survey, the year saw an average upwards of US$959 with prices ranging between US$812 and peaking at over US$1,200 in early December.

Monday, December 14, 2009
As positive bank earnings are released, PwC survey shows that Canadians remain confident in their banks
A PricewaterhouseCoopers (PwC) survey conducted by Leger Marketing just two weeks before the banks’ earning releases shows that 80% of Canadian consumers are confident in the Canadian banking system.

Wednesday, December 9, 2009
Very few of the G20 nations, including Canada, are on track to live within their carbon budgets for 2000-50: PwC Report
The study reviews G20 carbon intensity levels between 2000 and 2008 and the distance to go to 2050, underlining the case for an ambitious deal in Copenhagen.

Thursday, November 26, 2009
Survey shows directors strive to set strategy-driven agendas
While the past few years have necessitated boards of directors putting a majority of their time and effort into getting the regulatory requirements right, a new survey from PricewaterhouseCoopers (PwC) and the Clarkson Centre for Board Effectiveness (CCBE) in collaboration with the Institute of Corporate Directors (ICD) shows that now is the time for directors to put their focus back on to the business strategy and put their agendas into action.

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.