Global Risk Institute is a preeminent source of ideas on the management of emerging risks and trends for financial services organizations
31 May 2021 | National Pension Hub Publications
Large Canadian pension funds are known to invest heavily in real assets, which include real estate, infrastructure and land. In this paper, we take the analysis down to the asset level and study how these funds create value and manage risks in the private real estate market.
31 May 2021 | Risk Management Practices
The last decade has witnessed a large-scale adoption of machine learning tools in finance. According to the latest report by Refinitiv, the number of data science teams in financial services firms have risen by more than 260 per cent since 2018 (see Refinitiv 2020).
31 May 2021 | COVID-19
COVID-19 Triggers Great Nonfinancial Risk Crisis: Nonfinancial risk management best practices in Canada Lois Tullo, Executive in Residence, Global Risk Institute Download the full Report - PDF Version INTRODUCTION The spread of viral disease COVID-19 is the most transformative nonfinancial risk (NFR) of this decade. The uniting of strategy and risk management has never been... View Article
11 May 2021 | National Pension Hub Publications
The Canadians’ Preparation for Retirement (CPR) project aims to shed light on the risks that may impact future pension plan adequacy of Canadians in a rapidly changing pension landscape.
6 May 2021 | Risk Management Practices
In this paper, we assess the disruptive transition in geopolitics, from a multilateralist and interconnected world to an emerging paradigm of “Splintered Integration.” In this emerging paradigm, state competition overlays and even pushes back against globalization. Economic interconnectivity remains deep but uneven, with greater restrictions in some domains than in others.
15 April 2021 | Macroeconomic Risk
Examining Canada’s economic experience during the pandemic offers an opportunity to assess the fiscal and monetary policy lessons learned as of early 2021.
30 March 2021 | National Pension Hub Publications
This study compares two pension supervisory frameworks (the Dutch and Canadian framework) and examines which short-term and long-term regulations for occupational pension funds are best at maintaining a healthy financial situation for the fund and provides the best results for participants in terms of pension benefits.
29 March 2021 | Risk Management Practices
Today, approximately 20 per cent of the financial information used in making investment, lending and capital allocation decisions is prepared in accordance with generally accepted accounting principles (GAAP).
26 March 2021 | Pandemic Response
As the gross debt/GDP ratio grows, Canada faces the risk of increased interest coverage payments leading to reduced future fiscal flexibility. An acknowledgement of this increased risk must be met with an understanding of a plan to build the economy and to pay down the deficit. This raises a number of issues that need to be debated to address the risks coming in the future.
19 March 2021 | Pandemic Response
With Canada now in its second year of living with COVID-19, the pandemic continues to pose ongoing and new challenges for financial institutions (FIs) in building resilience. Beyond unprecedented health, financial and economic risks, FIs face future challenges managing staff, operations and client relationships during the broader vaccine rollout.