News

The repercussions of COVID-19 and worsening climate change are among the issues that will impact the insurance industry, according to Tony Wirjanto, University of Waterloo professor.
 
Wirjanto, working as a curator in Insurance and Asset Management for the World Economic Forum (WEF), identified eight key issues poised to influence the insurance industry in the recently released WEF Transformation Maps.

Canadian mid-market private equity firm Ironbridge Equity Partners has promoted Tanya Babalawo to chief financial officer and Daivik Doshi to vice president.

Canada’s Top 40 Under 40 is a dynamic awards program that identifies outstanding young achievers in Canadian business, visionaries and innovators changing the way things are done. They are inspiring others and already giving back to their communities and to Canada. And every one of them is under the age of forty.

Amy Lei, BAFM ’17, used her time at SAF to uncover her passion of teaching and to eventually land her dream job at Mink Capital, uniting the two things she loves the most - teaching and finance!

Shortly after graduating from the University of Waterloo, I began my full-time career in the investment banking group at TD Securities. I obtained this opportunity thanks to the University of Waterloo’s fantastic co-op program,

Welcome to our second annual ranking of Canada’s Top Growing Companies. The 400 businesses on this list sprawl across sectors, from fashion to finance, and manufacture everything from medical testing devices to organic pasta.

Much of the success celebrated in these pages occurred before a global pandemic changed how most companies operate. But as you will read, many of these businesses were able to adapt, innovate and even expand despite the challenges posed by these past few months.

Authors Kenneth Klassen (pictured) and Nick Pantaleo explore the pressure on the CRA to raise more tax revenues, as well as assess the efficiency of the audit process and the fairness of results.

Incentives to increase assessments were amplified by recent funding for the CRA that carries an expectation that additional tax revenues of $5 will be collected for each $1 spent, a “return” that is much higher than in the past. As well, these additional tax revenues are explicitly linked to closing the “tax gap,” the CRA’s measure of  how much tax revenue theoretically exists versus how much is actually paid voluntarily.

Environmental, social, and governance (“ESG”) scores have been widely touted as indicators of share price resilience during the COVID-19 humanitarian crisis. We undertake extensive analyses to investigate this claim and present robust evidence that, once the firm’s industry affiliation and accounting- and market-based measures of risk have been properly controlled for, ESG scores offer no such positive explanatory power for returns during COVID-19.

Hanoz Kapadia, BA-Accounting '02, MAcc ’02 utilizes his SAF education to lead the change in the cannabis, consulting and AI industry.

The cannabis industry is booming and Hanoz Kapadia credits the School of Accounting and Finance (SAF) for giving him the confidence to not only be part of the decision-making, but to own it.

While many live events are being cancelled due to restrictions for in-person gatherings, Concept continues to showcase their achievements and successes by hosting virtual competitions. Similar to Velocity’s virtual Fund Pitch Competition (VFPC), Concept pivoted two of their major in-person events to video submissions which garnered more than one hundred applicants combined. Audiences were then invited to virtually attend each event where a panel of local startup founders scored and selected the final winners.

The Concept $5K grant supports undergraduate and graduate students at the University of Waterloo who have creative, technological ideas.

A recent article by a Cointelegraph Markets contributor proclaimed that “Bitcoin is the ‘new’ Apple,” explaining just how Bitcoin’s

BTC

$35,392

price could reach $60,000 by 2023: “Bitcoin hangs near the chasm of the adoption curve, and its price looks similar to Apple’s stock in 2008 before it broke out with a 520% rally.”