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Press Releases
Deloitte’s Canadian Press Releases page contains links to news and information about the firm’s activities in Canada, starting with the most recent.
| Canadian financial institutions rank among the best in the world in information security |
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June 12, 2006 |
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Toronto, June 13, 2006 — The world's largest financial institutions experienced a surge in the number of security attacks over the past year, specifically from external sources. More than three-quarters (78 percent, up from 26 percent in 2005) of respondents confirmed a security breach from outside the organization and almost half (49 percent , up from 35 percent in 2005) experienced at least one internal breach. Canada was not exempt from this trend with all of the Canadian respondents confirming they encountered security breaches over the past year. These findings are drawn from the 2006 Global... |
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| Fast growth tech CEOs focused on finding and keeping employees |
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May 4, 2006 |
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Toronto, May 4, 2006 — Virtually all fast-growth technology CEOs are planning to increase headcount within the next 12 months, but they say that finding and hiring the right people is getting tougher, according to Deloitte's 2006 CEO Survey of the fastest-growing technology companies in North America, including Canada, as ranked on Deloitte's Technology Fast 500. The survey was conducted during the first quarter of 2006 by Deloitte's |
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| Canada’s Labour Crisis – The Myths, Misconceptions & Questions |
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April 27, 2006 |
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Toronto, April 27, 2006 WHAT: While most of Canada’s C-suite is well aware of escalating labour shortage implications, many are still struggling with knowing even where to start in managing the issues amidst a number of misconceptions and myths. The impact of the labour shortage is real, both immediate and longer-term. Eighty-three percent of Canada’s medium-to-large companies are already experiencing shortage of skilled labour, more than 60 percent expect the problem to become more pronounced in the future (according to recent Deloitte study). Three common market... |
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| CSA Notice 52-313: The Deloitte perspective |
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April 13, 2006 |
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Toronto, April 13, 2006 — The recent Canadian Securities Administrators (CSA) announcement regarding Multilateral Instrument 52-111, Reporting on Internal Control over Financial Reporting (ICFR), represents a significant change in direction with respect to both the evaluation and testing of ICFR and the harmonization of Canadian securities regulation with that in the United States. The Deloitte perspective was written with the intent to promote an understanding of the implications of the proposed new CSA requirements on management, directors, investors and auditors. Even though there is uncertainty about... |
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| Canada's 50 best managed companies ready to take on the world |
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February 3, 2006 |
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Toronto, February 3, 2006 — Unveiled today, the 2005 winners of Canada's 50 Best Managed Companies award, embrace a bold 'can do' attitude enabling them to succeed in a ferociously competitive world. The 2005 Best Managed companies understand that competition is no longer local — it is global for every business. "Through the 2005 Best Managed winners, we see a new level of confidence among Canadian businesses. There is a recognition that companies will inevitably grow to dominate industries across the globe, and Canada is no longer willing... |
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| A peek into the crystal ball - Deloitte identifies top 10 trends in Tech, Media and Telecom sectors for 2006 and beyond |
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February 1, 2006 |
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Toronto, February 1, 2006 — The Technology, Media and Telecommunications (TMT) industries in Canada and around the world will face significant changes, challenges and opportunities in 2006 and beyond, according to a new study released today by Deloitte. The 2006 edition of Deloitte’s Technology, Media and Telecommunications Predictions is one of the most comprehensive industry forecasts and is based on input from more than 5,000 TMT practitioners, firm clients and analysts. “The global technology gap is narrowing rapidly, as evidenced by the plethora of new tech-enabled products and... |
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| New book provides candid behind-the-scenes tours of ten of Canada’s Best Managed companies |
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January 16, 2006 |
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Toronto, January 16, 2006 — Released today, Building the Best: Lessons from Inside Canada’s Best Managed Companies is a book for and about Canadian business. A behind-the-scenes tour of Canadian success stories, the book examines the challenges overcome by 10 of Canada’s most successful businesses and provides a roadmap to success for other organizations to follow. Deloitte partners Anthony Grnak and John Hughes, and award-winning writer Douglas Hunter, chose 10 exceptional businesses that exemplify success from among the more than 500 winners of Canada’s 50 Best Managed... |
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| Financial institutions can achieve significant cost savings by scaling-up offshoring operations, Deloitte study finds |
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December 20, 2005 |
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Toronto, December 20, 2005 — Financial services companies are currently capturing less than one-third of the potential cost savings offered by offshoring operations, according to a study by Deloitte Touche Tohmatsu (DTT) that surveyed 62 global financial services institutions including some Canadian organizations. The study found that high performing financial institutions offshore 6.7% of their global headcount, well ahead of the study average of 3.5%. If all surveyed companies that offshore were to reach this ‘best practice’ headcount ratio, they could reduce their collective annual cost base by US$16... |
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| Elite Group of Canadian companies awarded Platinum Club recognition |
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December 14, 2005 |
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Toronto, December 14, 2005 — Inspired leadership, impressive growth, profitability and industry-leading business practices have earned 31 Canadian companies membership in Canada’s 50 Best Managed Companies Platinum Club, one of this country’s most elite business designations. Platinum Club members form an exclusive group of Canadian-owned and managed companies that consistently excel in every aspect of business. To become a Platinum Club member, companies must maintain their designation as one of Canada’s 50 Best Managed Companies for a minimum of six consecutive years, subject to annual operational and financial... |
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| Safe shopping tips to ensure that the Online Grinch doesn’t steal your holiday |
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November 29, 2005 |
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Toronto, November 29, 2005 — With the holidays fast approaching, a great number of Canadians are using the virtual aisles to purchase their gifts (over 3.5 million Canadians purchased gifts online last year, a 60 percent increase the previous year according to an Ipsos-Reid survey), but unfortunately, so too are the hackers and scammers trying to lure customers to disclose sensitive information. Some of the tactics these online “gremlins” use are:- Pharming — the latest emerging threat of misdirecting users to fraudulent websites without their knowledge or...
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