Monthly Archives: February 2018

IIAC Responds to 2018 Federal Budget (IIAC Blog)

IIAC Responds to 2018 Federal Budget (IIAC Blog)

I was in Ottawa today to provide the investment industry’s response to the 2018 federal budget. I attended the budget lock-up to get an early grasp of the content before providing commentary and analysis to members of the Parliamentary Press Gallery. I spoke with a number of media outlets, including BNN, CBC Toronto and Canadian Press.

The IIAC’s summary of the budget document and reaction are available here and here, respectively.

 

 

 

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Hidden opportunities for dealers in China’s Belt and Road Initiative (IIAC Blog)

Hidden opportunities for dealers in China’s Belt and Road Initiative (IIAC Blog)

In my latest Letter from the President, I write about China’s steady integration into the global economy and financial markets, and the massive infrastructure projects it has launched to protect its economic influence. I focus on the opportunities for Canadian firms presented by the Belt and Road Initiative – a massive infrastructure project linking China to central and south-east Asia and Europe. Financing the Belt and Road Initiative will take many different forms, including the monetization of resource assets. The needed valuations of these resource assets provide an attractive opportunity for many Canadian businesses with … Continue reading

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A ‘Win’ for the IIAC: Implementation of the Net Stable Funding Ratio (NSFR) delayed (IIAC Blog)

A ‘Win’ for the IIAC: Implementation of the Net Stable Funding Ratio (NSFR) delayed (IIAC Blog)

The NSFR is one of the Basel Committee’s key reforms to promote a more resilient banking sector. Under NSFR, Banks are required to hold a minimum amount of assets that can provide stable funding in the event there is disruptions to a bank’s regular funding sources that could lead to a bank failure and potentially pose a systemic risk. NSFR has an international implementation date of January 2018, however, the Office of the Superintendent of Financial Institutions (OSFI) had announced a domestic implementation date of January 2019. The IIAC wrote to OSFI on multiple occasions requesting … Continue reading

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FinTech Summit: Merging the Worlds of Finance and Technology (IIAC Blog)

FinTech Summit: Merging the Worlds of Finance and Technology (IIAC Blog)

FinTech innovations are revolutionizing the financial services industry, driving new business models, applications, processes and products. At the same time, FinTech technologies raise novel regulatory, technical and legal issues for firms and their customers. Join us on June 1, 2018 to hear from FinTech leaders who will share their insights on how Member firms can harness FinTech to trim costs, streamline operations and offer better value propositions to their clients. Learn from legal, regulatory and technical experts on how to navigate this new terrain. Network with peers, featured experts and vendors.

Topics to … Continue reading

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