Industry

How to actually improve diversity on your board

Data show that most directors are interested in diversity — at least in theory — on their boards, but that doesn’t always translate into real change. A new blog written by the leader and a principal of PwC’s Governance Insights Center highlighted four of the most commonly cited reasons for why boards lacked diversity: Low […]

By Jason Contant | March 11, 2021

4 min read

What’s behind reduced auto risk sharing pool usage

The use of risk sharing pools for private passenger auto insurance in Ontario and Alberta dropped last year, according to Facility Association. And when it came to the overall usage of risk sharing pools across the country, there was a drop in market share, albeit slight. At the Facility Association annual general meeting last week, […]

By Adam Malik | March 11, 2021

3 min read

Proposed class action filed in Saskatchewan over COVID-19 outbreaks in long term care

REGINA – A proposed class-action lawsuit has been filed in Saskatchewan against a long-term care operator alleging it lacked proper resources to handle COVID-19. Documents filed Thursday at Regina’s Court of Queen’s Bench say the novel coronavirus spread through different Extendicare locations last fall. One of those was Extendicare Parkside in Regina, where a statement […]

By Jason Contant | March 11, 2021

2 min read

Bank of Canada keeps key interest rate target on hold despite more upbeat forecast

OTTAWA – The Bank of Canada kept its key interest rate on hold Wednesday even as it said it now expects the economy will grow over the first three months of this year, an about-face from its previous forecast just weeks ago that 2021 would begin with an economic slump. In January, the central bank […]

By Jason Contant | March 11, 2021

4 min read