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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.
| North American tech companies are back in hiring mode |
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April 27, 2005 |
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Toronto, April 27, 2005 – North America’s fastest growing technology companies are back in hiring mode as the clouds of economic uncertainty have finally lifted, with an overwhelming majority (95%) of respondents planning to increase headcount. Furthermore, 40 per cent of respondents in the 2005 Technology Fast 500 CEO survey indicated plans to increase their workforce by at least one-quarter and up to double over the next year. These findings are drawn from a survey released today by the Technology, Media & Telecommunications... |
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| Canadian executives just need to roll up their sleeves and "Do it" |
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April 5, 2005 |
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WHAT: The creation of value resides at the core of every enterprise. Every stakeholder of every organization expects value (from shareholders, customers, employees, to partners and the community). Yet Canadian organizations commonly engage in business behaviours that actually destroy value. Deloitte has developed an innovative business concept, ‘The Value Habit’ model, to help build organizational behaviours that create value. The model examines methods that close the gap between corporate vision and reality based on the unique concepts of encouraging clear, consistent and efficient communication habits, including... |
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| Canadian corporations fall behind the rest of the world in managing escalating risk, Deloitte study finds |
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February 28, 2005 |
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Toronto, February 28, 2005 – As financial services institutions around the world face escalating exposure to risk, a new survey finds that Canada and the United States lag behind the rest of the world in their ability and preparedness to deal with increasing risk. Factors such as mergers, off-shoring, outsourcing, inadequate risk governance and over-ambitious lending all contribute to escalating risk. Deloitte's 2004 Global Risk Management Survey is based on interviews with senior executives from the world’s top... |
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| Canadian market resembles Baby Bear’s porridge |
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February 21, 2005 |
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Toronto, February 21, 2005 — Leading Canadian venture capitalists (VCs) and private equity investors (PEs) expect the economic and investment climate to stabilize over the first half of 2005, leading to a significant increase in IPO activity as an exit opportunity for their investments. According to the 12th Canadian Private Equity Outlook Survey, released today by Deloitte, over 12 percent of VCs and PEs surveyed in Q4 2004 expect to exit their investments through IPOs, up from only three percent in Q4 2003. The quarterly survey provides a comprehensive snapshot of venture capital and private equity... |
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| A new reality takes hold for corporate Canada as CSA proposes additional governance requirements |
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February 16, 2005 |
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WHAT: New rules suggested by the Canadian Securities Administrators (CSA) on February 4, 2005, mean additional compliance requirements and corporate governance liability for a significant proportion of corporate Canada. Corporate officers will not only potentially be personally liable for the accuracy of their financial reports, but will also have to issue a report on the effectiveness of their internal controls over financial reporting, and have their external auditors issue an audit report on management’s assessment. For many Canadian companies, the additional set of requirements means significantly... |
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| More than 80 percent of companies are not capturing the full value of their global investments, study shows |
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February 7, 2005 |
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Toronto, February 7, 2005 – While many companies have grown from small local enterprises to become global leaders in their industries, more than 80 percent of them fail to capture the full returns of their global investments, according to a new study conducted by Deloitte Research. The report shows that rather than taking a holistic, global view of their businesses, most manufacturers focus on addressing the individual pieces of their far-flung global network — the complex web of suppliers, production and R&D facilities, distribution centres, sales subsidiaries, channel partners and customers, and the flow of... |
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| How to Reduce the Tax You Pay |
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February 1, 2005 |
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Exclusive top tips from Deloitte’s Tax Services group WHAT: As the deadline for filing 2004 income tax returns draws closer, now is the time to start preparing to ensure minimum tax burden for 2004, as well as to start planning for 2005. To assist Canadians with their personal tax planning, Deloitte’s tax specialists recently published the 17th edition of How to Reduce the Tax You Pay. The book includes comprehensive advice and solutions on how to reduce tax payments, including... |
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| It's 2005. Do you know what's keeping your chief information officer awake at night, and how it can impact your business? |
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January 31, 2005 |
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Toronto, January 31, 2005 – Unprecedented new governmental regulations, such as the Sarbanes-Oxley Act, increased global threats and a higher degree of vulnerability and risk have magnified the importance of information technology in growing and protecting shareholder value. Chief information officers, the traditional stewards of IT, are at the very epicentre of business transformation — either enabling or inhibiting change. The challenges they face are of concern to all members of the corporate executive suite. "CIO 2.0: The Changing Role of the Chief Information Officer," a new report from... |
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| Vision, innovation and passion drive Canada’s Best Managed Companies to global success |
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January 17, 2005 |
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Toronto, ON — January 17, 2005 — Today, as Canada’s 50 Best Managed Companies of 2004 (50 Best Managed) are announced, a number of common business attributes are displayed which may provide insight into why the winning companies stand out from the crowd in their ability to achieve exceptional growth and success. Key traits that the 2004 50 Best Managed winners share include their ability to differentiate from their peers by providing exceptional or unique products or services, as well as maintain a culture of continued encouragement of employee innovation. Other key determinants which contributed towards companies... |
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