Shattering glass

Nancy McCulver* thought she struck gold when, in the late 1980s, she went to work for a large, multinational bank based in the U.S. The only woman on a team specializing in international mergers and acquisitions, with an eye on hedge fund management. Her science and math background certainly helped. The job involved complex matters[…]

M&A market new hope for software CEOs

Revenue growth seen through rose-coloured glasses: survey Emerging Canadian software companies are still struggling to find revenue, according to a recent report by PricewaterhouseCoopers (PwC). Despite advances in technology and financing in the last five years, those software firms still face the same challenges, says PwC’s fifth annual Report on Emerging Canadian Software Companies: The[…]

Victory for brokers: Reaction to Flaherty’s announcement

The federal government intends to stop Canada’s banks from using their online websites to sell insurance. The announcement—which was met with cheers, and a few jeers, across the country—came more than 18 weeks after the Office of the Superintendent of Financial Services (OSFI) gave banks the green-light to sell insurance online. Robert (Bob) King, a[…]

Scrap the five year review and create a tiered auto product: CEO panel

The government of Ontario may have taken a page from The Prince when it comes to dealing with the province’s auto insurance. At least, this is the perspective of AXA Canada’s Jean-Francois Blais. While speaking at the Independent Brokers Association of Ontario’s 89th annual CEO panel, Blais suggested that the government was pulling a Machiavallian[…]